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TROPHY CASE


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I have about $20k that I want to invest. What do I need to consider before investing in mutual funds? by leb0wskiin investing

[–]snkys -1 points0 points ago

Dont buy any mutual funds, the 'good' ones are just lucky and wont make you money. Read the literature on this. Start with Eugene Fama

[UK] [SEND] Virginia Woolf - Mrs Dalloway, Dylan Thomas - Under Milk Wood, [WANT] Unbearable Lightness of Being, Herzog - Saul Bellow by ruff-20in bookexchange

[–]snkys 0 points1 point ago

I've a spare copy of Herzog. Do you have anything else by Bellow?

Suggestions for good places to eat around London Bridge by tonynzin london

[–]snkys 0 points1 point ago

The Garrison, Pizarro are more upmarket but both excellent

Why Scotland can't be an independent country by snkysin Economics

[–]snkys[S] -7 points-6 points ago

No, the oppposite is true.

Why Scotland can't be an independent country by snkysin Economics

[–]snkys[S] -8 points-7 points ago

But as Greece shows, leaving a strong currency is not easy. Banks collapse

Why Scotland can't be an independent country by snkysin Economics

[–]snkys[S] -6 points-5 points ago

Yes, but now Scotland gets transfers.

How a change in British values created the modern world by snkysin Economics

[–]snkys[S] 0 points1 point ago

Obviously your life expectancy depends on your age, but the piece wasn't going to talk about life expectency given a bunch of age cohorts. It's fair enough to generalize. The salient point is that the average lifespan was 30 years old.

How a change in British values created the modern world by snkysin Economics

[–]snkys[S] 0 points1 point ago

That in no way contradicts the article though. The average age of death was 30 = the average person could expect to die at 30

How a change in British values created the modern world by snkysin Economics

[–]snkys[S] 1 point2 points ago

Well Alms makes a pretty wacky case. You don't have to emphasise darwinian culture to believe in culture.

How a change in British values created the modern world by snkysin Economics

[–]snkys[S] 4 points5 points ago

Factors that modified their behavior - their culture - dont have to be external. Lots of political change around that time in that corner of the world - English civil war, Glorious revolution, revocation of edict of nantes and so on. So in that sense they really do up and decide to act differently; the old political equilibrium broke down and was replaced with something different.

How a change in British values created the modern world by snkysin Economics

[–]snkys[S] 1 point2 points ago

McCloskey tears into Greg Clarke's book in 'bourgeois dignity' - which is available for download by the way as a .doc

How a change in British values created the modern world by snkysin Economics

[–]snkys[S] 2 points3 points ago

Child mortality drags down the average. Once you'd reached a certain age the average lifespan went up dramatically

How a robot central banker could save the economy by snkysin Economics

[–]snkys[S] 0 points1 point ago

Stock prices reflect future profits. So if everybody stopped consumption spending entirely, you're staying stock prices would go up?

How a robot central banker could save the economy by snkysin Economics

[–]snkys[S] 2 points3 points ago

One thing is for certain: there is no stopping them.

How a robot central banker could save the economy by snkysin Economics

[–]snkys[S] 0 points1 point ago

How you do it is secondary. You can buy what you want really. The important thing is that you convince the people that you're determined to hit your target.

And the're a host of reasons why NGDP makes a better target than unemployment, or inflation, or whatever. The right hand column on themoneyillusion will cover that.

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