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by Tarricoe » Fri Aug 16, 2019 2:46 pm
by Bear Stearns » Fri Aug 16, 2019 2:58 pm
Narland wrote:Bear Stearns wrote:I encourage anyone with an ax to grind about the private equity industry to read Barbarians at the Gate: The Fall of RJR Nabisco. It is about how the modern leveraged buyout came into existence and what leverage means in practical terms.
I like your recommendations. Could you telegram me a list? It would be appreciated.
by Strahcoin » Fri Aug 16, 2019 3:02 pm
Tarricoe wrote:*In the line to buy morning tea pastries at a tiny, local bakery. after two minute of small talk segway into a loudly escalating argument*
Me: "..And that's why I'm right"
A literal stranger: "OK, can you back these claims with evidence?"
Me: "omg uhhhh sweety, educate urself, like uhhh read a book, here spend all your free for the next week or say reading these large tomes, don't forget the three introductions or the volumes of secondary materiel *sips tea* Once you're done with that you see I am totally correct"
A literal stranger: "I think since you made the point, you should be able to cite the evidence and summarize any information that is relevant to your argument. Being told to read this book seems like you can't make a convincing point despite claiming to be familiar with sources on it. or this is a desperate attempt filibuster this discussion. Nonetheless I have some free time over the weekend so I'll try to read it"
Me: *sweating profusely, and dripping tea everwhere* "omg lmao sweety, just remember, if you try to refute the evidence cited with new information, those sources are biased, and if you.."
A literal stranger: "come to a different conclusion than you or the author then I didn't understand it properly?"
Me: *visibly panicked* *whispering* "he stole my favourite trick.."
A literal stranger: "Before we part ways I have something for you" *reaches into bag, withdrawing a massive book easily twice the size of my own* "If I am going to read the book you suggested, it seems only fair that you return the favour, It's written in German, there are no translations, oh and it's printed in fraktur. Normally I wouldn't suggest this, but digesting the information here shouldn't be a problem for you... unless... ur a dumdum"
Me: *the chattering of fine china increases as the dripping tea begins to become a hazard for other customers*
A literal stranger: "Well are you?"
Me: *choking back tears, and falling to my knees* "I...I... concede...I have been bested" *I pass out on the bakery floor*
The baker: "Oh not this shit again"
by Chernoslavia » Fri Aug 16, 2019 4:17 pm
by Chernoslavia » Fri Aug 16, 2019 4:23 pm
by Kowani » Fri Aug 16, 2019 5:50 pm
Chernoslavia wrote:Forsher wrote:
Anyone who reads an introductory text on microeconomics with market failures and then reads the same for macroeconomics and doesn't come out the other side as some kind of lefty, didn't understand what they read.
Oh goody a Keynesianist But anyways I'm recommending it against Socialism.
by Bear Stearns » Fri Aug 16, 2019 5:51 pm
by Chernoslavia » Fri Aug 16, 2019 5:55 pm
Bear Stearns wrote:If someone could recommend a book on mercenaries in Africa in the 60s and 70s, that'd be great.
by Evacillian » Fri Aug 16, 2019 5:58 pm
by Forsher » Fri Aug 16, 2019 7:05 pm
Chernoslavia wrote:Forsher wrote:
Anyone who reads an introductory text on microeconomics with market failures and then reads the same for macroeconomics and doesn't come out the other side as some kind of lefty, didn't understand what they read.
Oh goody a Keynesianist But anyways I'm recommending it against Socialism.
Kowani wrote:Imagine being against Keynes.
by Greater Loegria » Sat Aug 17, 2019 3:34 am
by Old Tyrannia » Sat Aug 17, 2019 4:05 am
by Servilis » Sat Aug 17, 2019 4:13 am
by Munkcestrian Republic » Sat Aug 17, 2019 5:27 am
by UniversalCommons » Sat Aug 17, 2019 6:15 am
by Crysuko » Sat Aug 17, 2019 6:17 am
Munkcestrian Republic wrote:Northumbria: History and Identity 547-2000
by Munkcestrian Republic » Sat Aug 17, 2019 7:20 am
by Chernoslavia » Sat Aug 17, 2019 6:22 pm
Forsher wrote:Chernoslavia wrote:
Oh goody a Keynesianist But anyways I'm recommending it against Socialism.
I'm going to go ahead and say you didn't understand what you read.Kowani wrote:Imagine being against Keynes.
Quite... the creator of macroeconomics and the main source of the fiscal policy analyses that an introductory text would, today, have. Of course, such a text would also have monetary policy which focusses on inflation and so forth but that's not really the point.
Given the persistent low inflation and low interest rates of the post-NAFC (I no longer say GFC) years I'm really not sure why fiscal policy hasn't been more adventurous... it's cheap debt... at least in the relatively low debt economies. The easy fiscal policy advantages without the trade-offs that motivated the monetarist revolution in the first place...
Economics as a whole isn't really aligned with politics but introductory economics really should make the discerning reader a lefty. The microeconomics really is a crash course in "why markets don't work and the government could do more" and that's then followed up with macroeconomic teachings like "flatten the business cycle" that give government a very active role.
by Chernoslavia » Sat Aug 17, 2019 6:30 pm
by Kowani » Sat Aug 17, 2019 6:58 pm
by Chernoslavia » Sat Aug 17, 2019 7:05 pm
by Kowani » Sat Aug 17, 2019 7:08 pm
by Chernoslavia » Sat Aug 17, 2019 7:08 pm
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