tag:blogger.com,1999:blog-9430835.post6050141840369085921..comments2024-03-28T16:22:14.888-07:00Comments on Steve Sailer: iSteve: "Incentives matter," except to economistsUnknownnoreply@blogger.comBlogger27125tag:blogger.com,1999:blog-9430835.post-51170741325557853192014-01-15T08:20:59.861-08:002014-01-15T08:20:59.861-08:00There's a cult-like atmosphere that gets gener...<i>There's a cult-like atmosphere that gets generated around a figure like Fischer</i><br /><br />There's a culture of cult-like atmospheres that gets generated around Jews. Messianism, Freud cult, Boas cult, Fed cult, etc. It's what they do. Kevin MacDonald has a lot of details, and the footnotes will get you the rest.Svigornoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-10140052276588953422014-01-15T07:26:54.186-08:002014-01-15T07:26:54.186-08:00Steve,
Extraordinary work. Your contrasting Fisc...Steve,<br /><br />Extraordinary work. Your contrasting Fischer's appointment with the GW bridge nonsense emphatically drives the point home.<br /><br />"Fischer is a man of unimpeachable integrity so his integrity can't be impeached. <br /><br />QED."<br /><br />I had to look up the acronym QED. At first I ignorantly thought it was an iteration of qualitative easing, with the "D" standing for something like "delightful".<br /><br />I thank you for actually constructing a statement that is truly "begging the question". It is a pet peeve of mine how that phrase is routinely completely misused.<br /><br />Keep it up.<br /><br />Steve in DetroitAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-77012053879704165692014-01-14T08:08:28.129-08:002014-01-14T08:08:28.129-08:00I may have told you before of the advice my wife w...I may have told you before of the advice my wife was offered before we let out our house in a college town: let it to nobody who studies, or teaches, Law, Business or Economics.deariemenoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-52834945317304965872014-01-14T04:30:58.698-08:002014-01-14T04:30:58.698-08:00Anonydroid at 9:56 PM said: Stanley Fischer is th...Anonydroid at 9:56 PM said: Stanley Fischer is the kindest, bravest, warmest, most wonderful human being I've ever known in my life.<br /><br />Mr. Anon said: How about a nice game of solitaire?<br /><br />Hunsdon: Bravo. Bravo, gentlemen, well played.<br /><br />Hunsdonnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-21314281806129076372014-01-13T22:04:19.548-08:002014-01-13T22:04:19.548-08:00"Anonymous said...
Stanley Fischer is the ki..."Anonymous said...<br /><br />Stanley Fischer is the kindest, bravest, warmest, most wonderful human being I've ever known in my life."<br /><br />How about a nice game of solitaire?Mr. Anonnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-21453699457539086762014-01-13T21:57:39.997-08:002014-01-13T21:57:39.997-08:00http://www.youtube.com/watch?v=055wFyO6gag
What? ...http://www.youtube.com/watch?v=055wFyO6gag<br /><br />What? Lucy lie to us? Never!<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-85899657043423890312014-01-13T21:56:53.880-08:002014-01-13T21:56:53.880-08:00Stanley Fischer is the kindest, bravest, warmest, ...Stanley Fischer is the kindest, bravest, warmest, most wonderful human being I've ever known in my life.<br /><br />If gentiles seek power out of greed, vanity, megalomania, tribalism, and corruption, Jews like Fischer reluctantly accept responsibility to serve humanity with selfless integrity. <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-1148234895312795262014-01-13T21:53:01.446-08:002014-01-13T21:53:01.446-08:00yoda!yoda!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-24113891187391737572014-01-13T21:50:34.280-08:002014-01-13T21:50:34.280-08:00Of course, power is incentive enough.
http://www...Of course, power is incentive enough. <br /><br />http://www.youtube.com/watch?v=qjv6Z9QmoAwAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-44646031913600258762014-01-13T21:48:48.888-08:002014-01-13T21:48:48.888-08:00Why, he's the Fischer of man.
Everyone line ...Why, he's the Fischer of man. <br /><br />Everyone line up for free fish and bread from Stanley the messiah. <br /><br />Btw, I recall the Economist promoted Obama this way back in 2008. <br /><br />Isn't journalism supposed to be skeptical, dogged, suspicious, and probing?<br />Should it be holy propaganda telling us that a man of power is pure as snow and it's unspeakable to question his integrity? <br /><br />Economist should be renamed Iconomist. <br /><br />Reverence for brother stanley! On your knees. gubblernoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-36181447049942657042014-01-13T21:23:28.079-08:002014-01-13T21:23:28.079-08:00If one imagines a probability space with events:
...If one imagines a probability space with events:<br /><br />Decision is good for U.S.;<br /><br />Decision is bad for U.S.;<br /><br />Decision is good for Israel;<br /><br />Decision is bad for Israel;<br /><br />Decision is neither good nor bad for Israel;<br /><br />Decision is neither good nor bad for the U.S.<br /><br />Now, after assigning probabilities to the intersections of these events;<br /><br />Then perhaps the informative probabilities to estimate are the probabilities of events: Bad for U.S./Good for Israel, and Good for U.S./Bad for Israel.<br /><br />How probable is it that Dr. Fischer would encounter decisions of this type, and if he did, what decisions might he make?<br /><br />Finally, would the probabilities change if "Bad" was replaced with "Disastrous"<br /><br />Of course I am assuming that Dr. Fischer, following standard monetary principles in his position of authority, would be capable of real effect on the welfare of Israel and the United States.<br /><br />Neil TempletonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-7406590754345499602014-01-13T21:20:58.755-08:002014-01-13T21:20:58.755-08:002 red bulls per day, minimum.
am i close?2 red bulls per day, minimum.<br /><br />am i close?jodynoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-335983519397530862014-01-13T21:11:51.651-08:002014-01-13T21:11:51.651-08:00I'm not an American and often marvel at firstl...I'm not an American and often marvel at firstly how the 1-2% of the American people who self identify as Red Sea Pedestrians have such a huge amount of influence but even more so how this topic is such a forbidden subject for discussion <br /><br />I guess no American is prepared to risk be labelled a Nazi for voicing any opinion on this topicAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-57139951863034458052014-01-13T20:49:09.026-08:002014-01-13T20:49:09.026-08:00Economists agree that incentives matter, but incen...Economists agree that incentives matter, but incentives aren't always monetary ones, hence the term maximizing 'utility'.<br /><br />I am sure that Stanley Fischer could make more money now being something other than vice-chair of the Fed (the pay of Fed chair is $180,000), assuming that at age 70 he wanted to work at all.<br /><br />For that matter the chair of ISteve could probably make more money than he is now, but it would not be a utility maximizing endeavor.anony-mousenoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-18647727050240522292014-01-13T20:47:08.088-08:002014-01-13T20:47:08.088-08:00It seems that there are numerous reasons to accept...It seems that there are numerous reasons to accept a person with such nebulous loyalties. But the question is not why reject him. It's why he is being put forward at all given his ties to a parasitic rogue state. Thomas O. Meehanhttp://odysseusontherocks.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-38724160512225777942014-01-13T20:15:02.742-08:002014-01-13T20:15:02.742-08:00"I can see how Fed Chair or World Bank presid..."I can see how Fed Chair or World Bank president or something might be worth it for the prestige, but second banana at the Fed? Can anyone name the previous one without Googling it?"<br /><br />Janet YellenSteve Sailerhttps://www.blogger.com/profile/11920109042402850214noreply@blogger.comtag:blogger.com,1999:blog-9430835.post-51406693019576498912014-01-13T20:08:41.353-08:002014-01-13T20:08:41.353-08:00What is Fischer's motivation for accepting the...What is Fischer's motivation for accepting the nomination? This man is old and has a lot of money. "High honor" and all that, but the job is stressful and he has collected numerous high honors already.<br /><br />We are left with empty ambition or patriotic zeal as his most likely motive. If it's the latter, the question is: patriotism for which country?Davidhttp://david-passingparade3.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-43241702471479540522014-01-13T19:57:29.058-08:002014-01-13T19:57:29.058-08:00so are you with me on the idea that it is 'tho...so are you with me on the idea that it is 'those at the top' versus the white majority?<br /><br />Do you then agree that it is a good idea to control those at the top?PropagandistHackerhttps://www.blogger.com/profile/00032093796955347846noreply@blogger.comtag:blogger.com,1999:blog-9430835.post-21981765398234107422014-01-13T19:53:49.182-08:002014-01-13T19:53:49.182-08:00So what's Fischer's incentive now? He coul...So what's Fischer's incentive now? He could be making 7 figures on Wall Street. I can see how Fed Chair or World Bank president or something might be worth it for the prestige, but second banana at the Fed? Can anyone name the previous one without Googling it?<br /><br />Dave Pinsenhttp://twitter.com/dpinsennoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-65389897930264348962014-01-13T19:51:10.475-08:002014-01-13T19:51:10.475-08:00I think this isn't one of our bigger worries.....I think this isn't one of our bigger worries...of course, he'll have his hands full getting us off of Quantitative Easing, but really nobody knows how to do that so it's not as if there's someone better.<br /><br />Anyone who really understands finance will have experience working with financial institutions, because that's where they have the most value. It would be perverse to have economists with basically no financial experience at the helm of the Fed. Elizabeth Warren and Janet Yellen fit that bill, one a lawyer, the other a labor economist, but but are truly clueless about Fed policy, why I'm sure Yellen is quite happy to have Fischer to tell her what she thinks. <br /><br />Fischer has gravitas, respect, and that's quite useful for a Fed honcho. Eric Falkensteinhttps://www.blogger.com/profile/07243687157322033496noreply@blogger.comtag:blogger.com,1999:blog-9430835.post-47982943461881484882014-01-13T19:41:46.856-08:002014-01-13T19:41:46.856-08:00Economists agree that incentives matter, but incen...Economists agree that incentives matter, but incentives aren't always monetary ones, hence the term maximizing 'utility'.<br /><br />I am sure that Stanley Fischer could make more money now being something other than vice-chair of the Fed (the pay of Fed chair is $180,000), assuming that at age 70 he wanted to work at all.<br /><br />For that matter the chair of ISteve could probably make more money than he is now, but it would not be a utility maximizing endeavor.anony-mousenoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-14991962858979151992014-01-13T19:31:24.270-08:002014-01-13T19:31:24.270-08:00Sailer, You know how to take this guy out...He'...Sailer, You know how to take this guy out...He's a homophobe. I mean, I have seen no evidence that he supports LGTB, so he must be. How are his policies going to address this most important constituency? They are not? Just like all the others. Plus isn't about time a man who dresses like a woman held this post? Isn't so-and-so available?better waynoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-63329604624855938662014-01-13T19:12:04.718-08:002014-01-13T19:12:04.718-08:00And if I weren't wasting my time thinking abou...<i>And if I weren't wasting my time thinking about the inner circle of global economists, I could be contributing original insights to the Great Debate over Peyton Manning v. Tom Brady.</i><br /><br />You are possibly the only person seriously blogging about this.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-33988362019507990592014-01-13T19:11:13.724-08:002014-01-13T19:11:13.724-08:00Hence it's only natural that these incredibly ...<i> Hence it's only natural that these incredibly powerful people want to reward their friend and mentor, and crush the slightest skepticism about Fischer's right to work as a top policymaker for two separate countries in succession. Because if outsiders, or even other top economists like Stiglitz, are allowed to ask any questions about a great guy like Fischer, who knows what they could ask about the rest of the gang? </i><br /><br />Exactly. There's a cult-like atmosphere that gets generated around a figure like Fischer and former students and people connected to the personality have a strong incentive to maintain the cult-like atmosphere since it helps their own reputations and career prospects.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-49707323052991936562014-01-13T19:10:26.283-08:002014-01-13T19:10:26.283-08:00And if I weren't wasting my time thinking abou...And if I weren't wasting my time thinking about the inner circle of global economists, I could be contributing original insights to the Great Debate over Peyton Manning v. Tom Brady.Steve Sailerhttps://www.blogger.com/profile/11920109042402850214noreply@blogger.com