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/biz/ - Business & Finance

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>> No.11802049 [View]
File: 35 KB, 600x535, graph-0317-2-01.gif [View same] [iqdb] [saucenao] [google]
11802049

This fucking country I swear to god...

>> No.11281381 [View]
File: 35 KB, 600x535, RBA is corrupt or incompetant.gif [View same] [iqdb] [saucenao] [google]
11281381

>>11279510
>>11279734
>>11279897
>>11279912
>>11279929
>>11279963
>>11280110
I went to business school and also bought into everything I was taught until I graduated and experienced the real world. You're taught mathematical models that oversimplify reality, and without realizing it you are taught one school of thought although there are many. You also don't learn to think about power, even though it is fundamentally tied up with economics.

Your brother is 100% correct if the economy is a machine which can be corrected by pulling various levers in response to readings which can be accurately made, the way he has been taught. But I think economy is more like a force of nature than a machine that can be tamed.

On a basic level his "she'll be right" claims are suspect to me, for at least three reasons.

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