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Cake day: July 1st, 2023

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  • Correct, you don’t, because those are garbage disciplines based on nothing whereas economics is decidedly not. Economics is the study of constrained choice, using rigorous math to model these scenarios and applied statistics to test the models. Any 1st or 2nd year course you take in economics isn’t revealing truisms about the world - they are introducing concepts and highly simplified, abstracted models so that when you get into upper year courses and you start using extremely heavy math to make more realistic models that are serious attempts to explain actual human behavior, you’re not completely lost.

    You take at face-value that certain subsets of economists argue in favor of bank bailouts but against student loan relief is proof that they’re evil, or garbage, or bought and paid for, without even understanding the arguments. The bank bailouts were loans which the banks paid back - would you be fine with the government giving out more loans to pay off existing student loans?






  • IDF says they’re targeting a command centre for the Jenin Brigade, “a place where armed terrorists would gather before and after terrorist activities,” the IDF said, adding that the camp was a “site for weapons and explosives” and “hub for coordination and communication among the terrorists,” in an effort to break the “safe haven” mentality of the area for terrorists.

    They say they told the Palestinian Authoroty and Jordan they were going to do this in advance.

    They say “Some 50 shooting attacks against Israelis have emanated from Jenin.”

    My best guess as to why it doesn’t lead to immediate sanctions and isolation is because some governments think the above is true.