Trump Goes Nuclear on Nobel Prize-Winning Economist Paul Krugman Over Tariffs Jab: ‘Deranged BUM’
https://www.mediaite.com/media/news/trump-goes-nuclear-on-nobel-prize-winning-economist-paul-krugman-over-tariffs-jab-deranged-bum/Open linkView original on lemmy.world208
Comments21
Release the Epstein files
Donald J. Trump is a pedophile.
Also a convicted felon, and an insurrectionist unconstitutionally occupying the White House.
I'm sure his barely-passing BA in business from Penn would qualify him to second-guess Krugman, if Trump weren't also dumb as a bag of hammers.
Call it what it is, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
Alfred Nobel made awards for 5 fields. Economics is not one of them. Economists invented their own prize with Nobel's name somewhere in the title to try and trick people into thinking its a real science. The headline is wrong and should be corrected to read:
Economics is absolutely a real science. That's like saying sociology isn't a real science.
Its a science but its actual experimental data (eg: real science) is a small fraction of the field and relatively new.
Also, much like other humanities sciences.. There's been the alarming discovery that much of what is taken for granted by earlier studies and applied at scale worldwide, is bunk - or at least very flawed. https://theconversation.com/the-replication-crisis-has-engulfed-economics-49202
So you can forgive people for being dismissive.
Karl Popper came up with his criteria for what constitutes science specifically to discredit "soft" sciences, largely because, as an extreme conservative, he didn't like their conclusions. Like psychology, early work in economics was not experimental in nature, and also like psychology, there are some tricky ethical issues with conducting many experiments. However, economic modeling has reasonably good (and proven) predictive power in many cases, so it's not just handwavey bullshit. And I'm not an economist trying to defend my turf, I'm a computer guy with a mathematical modeling and physics background, both in my education and in work experience.
And just to put things in perspective: astrophysics also has many important but non-replicable results. So does paleontology. As does biology. It's tricky to cause a new Big Bang, build a black hole, or restart evolution. So be dismissive if you like, but replicability is difficult in any social science, and that doesn't mean that those sciences are a waste of time.
It’s political economy with the politics “removed.” As if you can just subtract the human, political impact of political economy and meaningfully “only” talk cold hard dollars.
Just because Trump doesn't like the former chief economic advisor to Reagan, doesn't mean he's suddenly a great guy...
Sometimes (a lot of times) it's just two assholes fighting and neither are a good person.
Yeah, Krugman isn't exactly a progressive radical, but of all the well known mainstream economists he is by far the most sane.
But we overused the fuck out of slammed already. If they over use this, they may have to resort to the dreaded "goes QUANTUM" before circling back to "blasts"
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Roflmao, what was Krugman's Nobel prize for? Oh yeah, international trade. I think he knows a bit about tariffs.
That's probably 90% of the complaint... Donnie be jelly
Maybe stop having literally every single person be your enemy.
Just for funsies.
Pretty hard when you're a massive piece of shit that nobody likes.
Sometimes the children actually have the correct comeback: I know what you are, but what am I?
Trump has been working hard to get his Nobel prize for peace. It would be funny if the war criminal get it before him.
Trump wants to sue his former employer for something he did after leaving said employer?
That math ain't mathing
The math not mathing is a feature, not a bug