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Old 05-08-2009, 10:22 AM
David R. Stevenson's Avatar
David R. Stevenson David R. Stevenson is offline
 
Join Date: Dec 2003
State: Tennessee
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Default Behavorial Economics

"Animal Spirits" ....... a new book out ..... and most likely part of the new administrations strategy to jump start the economy ...... is an area of economic theory that is being practiced most aggressively .....

..... will it work? ......

.... can the new administration find a solution for the masses ?

.... do government really want solutions now ... or are they all intellectual gymnastics to create diversions - slight of hand ..... to contain power .... ?

..... like helioseismology ....... some sciences are in their infancy .......

.... "governing through science" ..... is this another new science by "decree"? or is there something to it? ...

If the water molecules in the oceans of the world represent all the corrupt debt floating around ...... then a 10 trillion dollar annual budget is like the Mississippi River dumping itself in the Gulf of Mexico ......

.... I am sure their are those that would like to believe that a coordinated effort can be made to brainwash the masses into believing that math does not matter ....... what matters is that man is the actual "math maker" ..... that in times of great stress ... man can evolve and build a new kind of fusion reactor ... not with matter itself ...... but with the power of the collective mind ..... using the tuning forks of the animal spirit ......

.... the ultimate "is, Is ... postulation ....

... here is a link .....

http://www.ft.com/cms/s/0/69bc7894-3...44feabdc0.html
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Old 05-08-2009, 11:00 AM
Workbox's Avatar
Workbox Workbox is online now
 
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Default

There is truth to such meetings of the minds, but is has to be natural, not manipulative.
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Old 05-08-2009, 01:32 PM
Randolph Kinney Randolph Kinney is offline
 
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Default

Just look at the stock market rally from the March lows, it is up 30%. What changed? Perception about the economy and animal spirits refusing to accept low interest rates but now considering much more risky investments for a better return.

Will these investors (speculators) be rewarded long term? Or just for a few months and then risk pricing goes back to reality?
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