tag:blogger.com,1999:blog-11336670.post5869995257189403401..comments2024-03-13T03:24:01.167-04:00Comments on Marginalizing Morons: Greg Mankiw Swings and MissesCaptiousNuthttp://www.blogger.com/profile/14440029537418230507noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-11336670.post-86877472467928135472007-01-16T23:07:00.000-05:002007-01-16T23:07:00.000-05:00By the way, the knock-out punch graphic was hilari...By the way, the knock-out punch graphic was hilarious. This whole post was so funny because Mankiw is such an elitist, I just about died laughing imagining him reading your posts and trying to compose himself enough to respond. He probably got very self-conscious after you ruffled his feathers by posting something other than mindless, worship-like effeminate love-letters like all of his little Junior Mankiw Club members.The Ownerhttps://www.blogger.com/profile/16192780977787646373noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-6605853606676204822007-01-16T23:05:00.000-05:002007-01-16T23:05:00.000-05:00"Pigou Club members demand to be judged by their “..."Pigou Club members demand to be judged by their “aims” rather than their results. Just like all of the other socialists!"<br /><br />Exactly. Mankiw is a fraud, like most of the economic establishment today.<br /><br />I'm glad he finally responded to you. Your patience and perseverance appear to be paying off. Unfortunately, people like Mankiw live and breath in a world of theory... they're not as convinced by what there thoughts DO result in, so much as what they THINK they will result in.<br /><br />This is a case where you really need to come down to his level and explain the theoretical error of his ways. Only then will he accept the reality of what he reaps after he sows.The Ownerhttps://www.blogger.com/profile/16192780977787646373noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-44064033557273361682007-01-13T13:07:00.000-05:002007-01-13T13:07:00.000-05:00I actually like toll roads. I too scoff at 60 cen...I actually like toll roads. I too scoff at 60 cent tolls but there's an entire population (older folk perhaps) that loathes the financial "hit". It definitely makes them drive less.<br /><br />But toll roads should mandate electronic payment. Transponders should be the law - without exception. In Massachusetts no one bought them and they don't help much anyway because the "Fast Lane" is always blocked by cash payers. In New York, the "EZ pass" lanes can save you an enormous amount of time and sanity. I think it may start two miles from the GW Bridge.<br /><br />The problem is, not only is the Mass Pike underutilizing rapid electronic payment, the money just goes to Teamster toll collecters at 70k per year. Further troubling for congestion-phobes is recent talk of eliminating many of the tolls on the Mass Pike.<br /><br />I secretly root for gasoline to rise in price even though I have a Suburban and an Explorer. My schadenfreude is driven by that theory you bring up, that perhaps congestion will abate.<br /><br />I fear unfortunately that traffic everywhere will only get worse in our lifetime - unless a Jetsonian flying machine becomes cost efficient.CaptiousNuthttps://www.blogger.com/profile/14440029537418230507noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-13285322731075293112007-01-13T11:40:00.000-05:002007-01-13T11:40:00.000-05:00Captious....'I know morons and I can assure you si...Captious....'I know morons and I can assure you sir, you are no moron'! I like your take on things and don't appreciate taxes but I found myself more than willing to pay an extra buck or two on whatever...(read something that I can buy at my convenience - gasoline?) just to avoid sitting in out of state toll roads idling for 40 minutes to pay a 60 cent toll (repeat 3 or 4 times when passing through the windy city (290)). Not to mention the long term medical costs associated with current stress....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11336670.post-7976719268836649502007-01-13T11:13:00.000-05:002007-01-13T11:13:00.000-05:00tax shelter,
I think Mankiw's problem is that asi...tax shelter,<br /><br />I think Mankiw's problem is that aside from being drunk on the theoretical nonsense, he genuinely wants to be liked by the latent socialists in his circles. From my perspective, it definitely is a psychological issue as you stated.<br /><br />He just doesn't have the stomach to argue with, <b>Marginalize</b>, or confront intellectual thugs. He certainly is no dummy; it's just that his brain has been subjugated by his jelly spine. <br /><br />Financially I would probably envy the guy a bit. Garbage or not, he sells a lot of textbooks and easily makes a few hundred thousand bucks (if not more) a year just off that. I know someone who wrote a spanish college text; it's paid a lot of bills for over ten years. Mankiw's book is much more prominent. Risk-free income is the <em>ne plus ultra</em> of financial endeavor.<br /><br />For me anyway, reading his blog is not a waste of time. I wish more people like him would blog. I definitely learn a lot from exploring enemy territory. Obviously, the more someone's mouth runs, the easier they are to <b>Marginalize</b>.<br /><br />On the other hand, <b>CaptainChi</b> may have no use for Mankiw's blog...CaptiousNuthttps://www.blogger.com/profile/14440029537418230507noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-69625703303253556762007-01-13T07:23:00.000-05:002007-01-13T07:23:00.000-05:00Mankiw can't think clearly, I think he has psychol...Mankiw can't think clearly, I think he has psychological issues. I don't bother reading what he has to say. It's a waste of time. The strange thing to me is that Harvard hired him to teach their students (what does that say about the quality of Harvard's economics department? those who can't do, teach?), and Bush picked him as his economic advisor (why did Bush do that?). He needs to take a sabbatical and try to make it as a screen trader based on his economic ideas. But maybe he already knew that he and his ideas won't make it in the real world, and therefore is afraid of anything outside of the safety net of academia and government jobs.Tax Shelterhttps://www.blogger.com/profile/06971182282511022187noreply@blogger.com