Fail Quotes

[tnu]

[ArtemisVale]

is it me or does it seem like starvation is more important to them than murder and theft?

[MrBogosity]

Wow, I knew lots of university econ classes were bad, but I'd never think they'd get THIS bad! From Brigham Young University's website:

https://courses.byui.edu/econ_150/econ_150_old_site/Lesson_07.htm

The computer industry is an example of a downward sloping supply curve, since as the number of computers produced increased, the price of inputs, such as chips, decline.

It's hard to even know where to begin! The supply and demand curves determine how much people want to sell and buy respectively as price gets bigger or lower. And it assumes that ALL OTHER THINGS ARE EQUAL! If they aren't, that's when you get a shift in one of the curves. In this case, a decrease in the costs of inputs means that sellers are able to supply more computers AT EVERY PRICE LEVEL, and so the supply curve shifts to the right. Quantity increases as prices fall. That does NOT mean the supply curve is downward-sloping! A downward-sloping supply curve is IMPOSSIBLE!

Think about it: if inputs didn't decrease, but there was greater demand for computers, the demand curve would shift to the right, meaning prices and quantities both go up. A downward-sloping supply curve means that, even if inputs stay the same, greater demand would STILL mean lower prices as the demand curve shifts right! How ridiculous! And college students are being TAUGHT this crap!

Geez, and I thought that Kuna guy's Gucci example was bad...

[Travis Retriever]

Wow, strawman and ad hominem in one picture.

And circular reasoning + appeal to tradition/status quo bias.  So because govco does one thing, we need to do another/more of that thing for no other reason?  Well, save some original ideas for the rest of us, Tesla!

[Travis Retriever]

Wow, I knew lots of university econ classes were bad, but I'd never think they'd get THIS bad! From Brigham Young University's website:

https://courses.byui.edu/econ_150/econ_150_old_site/Lesson_07.htm

An upward-sloping supply curve is IMPOSSIBLE!

I thought the supply curse sloping up was how it usually works? O_o
What about an upward sloping demand curve:  https://en.wikipedia.org/wiki/Veblen_good
I've been meaning to ask you about those.

[Travis Retriever]

And the government the OP no doubt supports is the single biggest polluter in the world, yet he gives it a free pass.
Also, the Koch bros also give money to stuff like gay-rights groups IIRC. So....

[Travis Retriever]

"War is and brings prosperity!"--a few too many statists.
Yeah, that is a myth that needs to die.  As F.A. Hayek said in the second rap battle "Last time I checked, wars only destroy!"

[ArtemisVale]

Also if they claim to be against starvation but they're still communist, then they're pretty much contradicting themselves.

[Travis Retriever]

Also if they claim to be against starvation but they're still communist, then they're pretty much contradicting themselves.

Bonus points (against them) if they also claim to be anti-GMO.  Again, Norman Borlaug; 1 billion saved from starvation.  From just a single GMO crop.  Argument invalid.  As there is just no way to argue against that and NOT be a massive asshole.

[BlameThe1st]

All right. I'll play.

How do you hope to prevent starvation and exposure by preventing people from owning property? Are you going to force people to give up what they have to shelter and feed others? Seems like you would need law in order to do that. But how do you have law without a state?

[BlameThe1st]

These people have low standards of what a good VP is.

[BlameThe1st]

Oh look, yet another political cartoon that proudly displays a poor understanding of economics.

[BlameThe1st]

Democrats have such hyperbolized and exaggerated the actual political power of the Koch Brothers that they have become akin to the boogeyman imagined by small children.

A good cartoon.

(Kudos if you get the reference.)

[Travis Retriever]

Democrats have such hyperbolized and exaggerated the actual political power of the Koch Brothers that they have become akin to the boogeyman imagined by small children.

A good cartoon.

(Kudos if you get the reference.)

Shouldn't that be in fav quotes?

[evensgrey]

And the government the OP no doubt supports is the single biggest polluter in the world, yet he gives it a free pass.
Also, the Koch bros also give money to stuff like gay-rights groups IIRC. So....

His foundation also gives more money for making the Nova series than any other singe contributor, enough that it's the only individual contributor that gets mentioned.  Are people going to go down to Boston and picket WGBH for accepting the money, or go over to the Hayden Planetarium and picket Dr. Tyson for being paid from that money?