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Post #AjJVR3mFcuxKr8CdMG by [email protected]
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I’m starting on Piketty’s Capital, but it’s long and even just from the i…
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@Patricia yeah this thing is a bit of a slog and not just from the length, Debt…
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@datalouis yeah, I could tell from just a short start on both
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Oh wow, this will be rough. This is the book form of when people write a thread…
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If this guy doesn’t soon discuss how his data is skewed because it doesn’t …
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I have never read a book by a woman that has a whole section on “why my book …
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@Patricia More then that. Capitalism, classism, sexism, ableism, colonialism...…
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@WhyNotZoidberg YES
Post #AjJfT0Ad0U8Hn4AZpA by [email protected]
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Oh wow this makes me grumpy. He is doing it. He has already in the freaking int…
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This thread might actually end up being even more grumpy than the Team Topologi…
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He is actually going to go on through a whole book where the whole thing is goi…
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Past Patricia was on the money here https://social.vivaldi.net/@Patricia/112644…
Post #AjJhQhkeiV3fzi3NzM by [email protected]
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Sir, I dispute your data, I dispute your assumption that it’s relevant and I …
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@Patricia the field reminds me of Dirk Gently's Holistic Detective Agency: …
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@mensrea oh bless the ChatGPT scholarship of the future… we’re doomed
Post #AjJhoTDIQ8CNr5mYdM by [email protected]
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How the hell did these people get to rule the world?
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@Patricia What? The book's primary focus is wealth and income inequalities …
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@trost I’m not reading this as ideology, I’m reading this as science, and a…
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@trost feel free to catch up on my other book reading threads (pinned)
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@trost regarding your updates to your post, if you think I’m wrong you need t…
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@trost my criticism is on method, not conclusion.
Post #AjJidkLMUUYZkh0O3s by [email protected]
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@trost I don’t even know what the conclusion is, I’m barely past the introd…
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To clarify, since there seems to be some confusion, I am not judging any of thi…
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@Patricia On Graeber's Debt book: There was a catastrophic book seminar abo…
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@trost I haven’t read it yet, just a short stint of the beginning of the intr…
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@Patricia for judging methodology though, isn’t that too much of a non-scient…
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@fl0_id apparently they think it’s great so I’m reading it. Do you have ano…
Post #AjJjeH56s8CbF0DeUa by [email protected]
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@fl0_id also probably relevant: have you read this book?
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@Patricia If you calculate in the inequality across the entirety of society, do…
Post #AjJk4sHBCofE7xY4kC by [email protected]
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@alper I don’t know what you mean? His whole data set is based on the people …
Post #AjJkIYuW0Fzm7WTSmu by [email protected]
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@Patricia Honestly, I think Piketty is methodologically the strongest economist…
Post #AjJkIZ0tcX6ERJSYjY by [email protected]
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@alper maybe 🤷🏻‍♀️ but his data is massively skewed (and so far he …
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@Patricia Ah sure, I don't think his data extrapolates to the third world r…
Post #AjJkMtVfMExBALuuu0 by [email protected]
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@alper well, that’s disappointing because I kind of feel I have to read it now
Post #AjJlWFrFjkst2Q2ckq by [email protected]
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Ok, since it’s coming up in comments here is what might be the whole thing. �…
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If this is the level economics is at… we need to stop listening to them.
Post #AjJluua5yqfIHym0n2 by [email protected]
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“Look, if I reduce reality to two variables, then I can make graphs ok!!! The…
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These people made the big mistake of thinking their field was like physics. Tho…
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@petersforbes oh my god yes 😭😭😭😭
Post #AjJmbgl7FNFhs8KG9o by [email protected]
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Physics is science and economics seems to be… well not. At all.
Post #AjJmpRHrZFgrwQCRUG by [email protected]
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Imagine having this level of confidence. That must be awesome.
Post #AjJnb2OHR3Fwcstjgu by [email protected]
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@Patricia And way more precise predictions.
Post #AjJnx53eCQ01Gkl3om by [email protected]
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@Patricia The funny thing is that Piketty is one of the more empirical economis…
Post #AjJnx5C9gmnxh8jr4y by [email protected]
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@audunmb I’m really disappointed by this entire field
Post #AjJo4LpkE3r3KEipGK by [email protected]
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@klefstadmyr oh, and they do the bananas thing of running experiments to test t…
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@Patricia physicist here. Some of us have no idea what we're doing either �…
Post #AjJqhwo0tkGNC6vAGW by [email protected]
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@hattom that might put you head and shoulders over these people tbh. A bit less…
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@Patricia Offtopic; but I read an article about some physicists would like to r…
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@range_marten 🤷🏻‍♀️
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@cpm 🤷🏻‍♀️ I don’t understand the motivations tbh it just reads l…
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@Patricia and physics people know that their models will be superseded by bette…
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@PeterSommerlad this is where physicists messed up, they should’ve created th…
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Scene: tech meeting, devs around a conference table, one guy on a sofa in the b…
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That story is extremely relevant to my entire argument, but if you don’t get …
Post #AjJt9z2SOCa48WAnR2 by [email protected]
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@Patricia @PeterSommerlad did you look into Steve Keen's economics yet? he …
Post #AjJt9z8q0TgWSJ9tNg by [email protected]
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@mrsbeanbag @PeterSommerlad did he have a book? I don’t remember
Post #AjJtViXuOD6RM8FQy8 by [email protected]
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@Patricia you missed the tag #sarcasm, I hope.
Post #AjJtVieI0UCtfvEWum by [email protected]
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@PeterSommerlad I clearly need a rundown on physics drama
Post #AjJu0xFnkuYBwtfpAW by [email protected]
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@Patricia @PeterSommerlad oh yeah it's called Debunking Economics https://e…
Post #AjJu0xLTPp5UEUKM0e by [email protected]
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@mrsbeanbag @PeterSommerlad fingers crossed it has an audio book
Post #AjJu7riIkjeqnEId0q by [email protected]
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@mrsbeanbag @PeterSommerlad ah I remember, no audio book only a podcast https:/…
Post #AjJuqaAqoLZJQUyZMW by [email protected]
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@Patricia All I will say is that the equivalent books for physics are not bette…
Post #AjJuqaGWTG6bi5d6Ce by [email protected]
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@Patricia I would compare it more to the Agile or SE scene... academic or indus…
Post #AjJuqaMY6qvU0mRub2 by [email protected]
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@Patricia So.... yeah. Also I bet that if I filter the population of devs by &q…
Post #AjJuqaRrn5BCHGw9su by [email protected]
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@Di4na I’m trying to understand the foundations and methodology so if you hav…
Post #AjJutlxZRqasqeHl9U by [email protected]
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@Patricia so much of economics has always felt to me like "first, assume h…
Post #AjJutm4J2nyvBXR8eO by [email protected]
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@tedmielczarek apparently yes, but greedy self serving spheres
Post #AjJv92L0pxRRzIWq1o by [email protected]
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@Patricia no I haven’t. But when it was new it was basically a bestseller, wh…
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@fl0_id seems to be a bestseller because people in economics like it and think …
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when people write a thread rather than a pithy post because they expect someone…
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@cy all of us, it’s all of us, you’re ok
Post #AjJvZg2LrM6WdoVGIS by [email protected]
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@Patricia @audunmb Don't know if you need this rn, but *nothing* beats Keit…
Post #AjJvZg81WGdovP9n8a by [email protected]
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@twilliability @audunmb oh shit that’s funny. I just talk about Future and Pa…
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@Patricia @audunmb Dude's of course entirely clueless about linguistics and…
Post #AjJw0zo4SrE5m4qmDw by [email protected]
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@twilliability @audunmb rofl that’s like the pastafarian pirate thing 😂 ht…
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@adriano @twilliability @audunmb for proper blame and empathy distance we need …
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@Patricia I like the definition of science as doing the damnedest with one'…
Post #AjJwIC4E8JY2isbjP6 by [email protected]
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@bjoernstaerk that is pretty much maybe my entire argument
Post #AjJwKDhv0QZQOB8h7o by [email protected]
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@Patricia ok, guess I’m wrong then. I thought more along the lines of another…
Post #AjJwKDnafL6iflnDxw by [email protected]
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@fl0_id feel free to read it with me, misery loves company etc
Post #AjJwgcuhyD7Ww4o1Oy by [email protected]
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@adriano @twilliability @audunmb A central tenant in this religion is that if y…
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@Patricia @PeterSommerlad *string theory has joined the call*
Post #AjJwivESphIUKT8nuS by [email protected]
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@Loungeiguana @PeterSommerlad I need the soap opera version of this in audio fo…
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@pilum @twilliability @audunmb but with business suits!
Post #AjJxKpGVSzGApKAcM4 by [email protected]
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@Patricia Dunno, man "You gotta have these jobs nobody wants to do, it&#39…
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@adriano unfortunately that’s the reality his people made all over the world,…
Post #AjJxXQWSlp51qydt9k by [email protected]
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@Patricia isn't that the book called Capital, from the guy who was flouting…
Post #AjJxXQc8QjcK8ZIPzs by [email protected]
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@meena 🤷🏻‍♀️ I want to read it just to cross it off my list
Post #AjJxexLH98c9fW033Q by [email protected]
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@adriano 💔
Post #AjJy2yJfB13vdhhHlY by [email protected]
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“For men, at any rate”My dude, you’re so close, come on, you can do it!
Post #AjJzIVjlIhArafsVKC by [email protected]
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Capitalist = smart people Communism = stupid people This guy is a charmer.Also,…
Post #AjJzJqOLzaMnwJV4ym by [email protected]
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@RosaCtrl I will at some point summarize, foreshadowing I believe it will be: c…
Post #AjJzTbWQ8JIeiWvZ32 by [email protected]
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@nocoursewalks no but this one looks interesting, is it good?
Post #AjJzuYytgfxQek6OvY by [email protected]
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@Patricia By telling powerful, evil people what they wanted to hear.
Post #AjK4RmtnMW2hC5oWhM by [email protected]
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@Patricia :)Well.. that depends on whom I'm talking to. To some people I ob…
Post #AjK4Rmzp06rZUmdL5k by [email protected]
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@hattom @Patricia careful Tom, lest the mathematicians overhear 😉
Post #AjKKL0x2JfgA137dKq by [email protected]
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This constant focus on labor vs capital will radicalize me, I can feel it. This…
Post #AjKPmPGSWmKD0n5Vku by [email protected]
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Omfg trigger warning for fucked up white people talk about slavery
Post #AjKRPHMjvdMllK7pom by [email protected]
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@adriano @twilliability @audunmb I am not changing my wrong spelling on purpose…
Post #AjKRaZJ3ZALcabmmGG by [email protected]
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@Patricia @adriano @twilliability @audunmb"tenet", or does the religi…
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@AlisonW @adriano @twilliability @audunmb https://social.vivaldi.net/@Patricia/…
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@Patricia sounds great, though it would probably be detrimental to my present a…
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@fl0_id you can decide from my rant which will probably take a few weeks tbh
Post #AjKRdlEHh2B8R94lJQ by [email protected]
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@Patricia So many years since I read that… but the big take-away I remember i…
Post #AjKRdlJbNGQqhdZ0bI by [email protected]
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@timbray looking forward to Jane Austen
Post #AjKRmQk5EVgtVH5Evo by [email protected]
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@Patricia I don't understand how you get through these books really 😆
Post #AjKRmQpOujwbllZUDg by [email protected]
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@Paxxi is spite/anger driven reading a thing? I am doing opposition research
Post #AjKRrYp2cSbg0jqgoC by [email protected]
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@Patricia and on the same note, my favorite science book recently is How instit…
Post #AjKRrYuiHN8yIKVDeK by [email protected]
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@bjoernstaerk oh no, now I want to read that, that sounds way more enjoyable
Post #AjKS8fqTlDBUiRgJqy by [email protected]
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@Jackiemauro omfg 🙈
Post #AjKSBlieNX0NnlUmJ6 by [email protected]
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@Patricia To be fair, confusing the map for the territory is a common fail in *…
Post #AjKSBlp1zo6q7YTsFk by [email protected]
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@jcgregorio I don’t really know physics unfortunately, I just know physicists…
Post #AjKSTYL2rmVTVxw09I by [email protected]
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@jcgregorio tbh that goes for so many fields, I feel reassured that some folks …
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@Patricia Your hot takes are hillarious.
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@csaetre I’m just gonna take that as a compliment and not worry if it was sar…
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@Patricia Called it 😁https://mastodon.me.uk/@krans/112670833215879619
Post #AjKYUDAzdE3Jtbvil6 by [email protected]
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@krans this book omg
Post #AjKYbVr8ZyKnrD7lCa by [email protected]
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@Patricia Check out Dr Angela Collier (acollierastro) on YouTubehttps://youtu.b…
Post #AjKYbVxADZ9g9twZay by [email protected]
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@krans @Loungeiguana @PeterSommerlad oh wow, I need to see that
Post #AjKYuCNnCkWExpJBs8 by [email protected]
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I just can’t get over how the man who has done zero analysis on how his data …
Post #AjKZqawi2NODwPUBsW by [email protected]
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@Patricia discussing the abolition of chattel slavery like it was some tax loop…
Post #AjKZqb3RdKmGHIdZNQ by [email protected]
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@tedmielczarek oh yeah, I thought it was just me, but he sounds disappointed ri…
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@krans @Loungeiguana @PeterSommerlad I don’t know her but I love her
Post #AjKdUKnPnk8LIamOWW by [email protected]
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@Patricia @tedmielczarek I don't even see why anyone would even discuss spe…
Post #AjKdUKtnQ1EncNlUTA by [email protected]
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@jubilee @tedmielczarek oh, based on what I have read so far in terms of foresh…
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@Patricia It was definitely a compliment. When the professor next door asked wh…
Post #AjKdanJ8hzBPSohNVQ by [email protected]
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@csaetre I love that! Say hi 👋
Post #AjKdqr6UMYrxs0RL4C by [email protected]
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@Patricia @tedmielczarek not to defend the book's content, but the style of…
Post #AjKdqrCW09gqAhG9Sa by [email protected]
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@hisham_hm @tedmielczarek well, we’ll see, so far he seems unconcerned that h…
Post #AjKepJY3jdv3SsAHOS by [email protected]
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@Patricia @tedmielczarek *squints* ...very interesting.
Post #AjKepJdjOYSLkSooEa by [email protected]
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@jubilee @tedmielczarek yeah… 😬
Post #AjKexYTo6X945f6bD6 by [email protected]
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@Patricia @tedmielczarek I'm looking forward to your impressions! My rough …
Post #AjKexYZpk7xwOLvPbU by [email protected]
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@hisham_hm @tedmielczarek the audiobook has the figures as a pdf so I have thos…
Post #AjKfhxX9HqHV79nOLY by [email protected]
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@krans @Loungeiguana @PeterSommerlad that was awesome “that’s not even wron…
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It’s a trip to hear a French economist nonchalantly speaking about poverty in…
Post #AjKhnA7G8IZHUiIKhM by [email protected]
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Mr Piketty, are we going to discuss the Haiti Independence Debt?https://en.wiki…
Post #AjKhv9HJ8Fj5DDnqaG by [email protected]
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@krans @Patricia @PeterSommerlad this is freaking awesome, just followed her ch…
Post #AjKhv9NgkWpXX0mwWu by [email protected]
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@Loungeiguana @krans @PeterSommerlad same
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“This means that nearly 20% of Africas capital is owned by foreigners” oh, …
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@adriano I mean, they had stuff and as a White Man Who Owns Things, I was justi…
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Omg this shit is so racist. He has zero shame. The colonialism is strong with t…
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@Patricia Related and on going economic control in former french colonial afric…
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I just can’t about how much he seems to crave colonialism. And seems to blame…
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“These are the main lessons that history has to teach about global growth and…
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Ok, he might prove me wrong, and I’m here for it, but… I think I will hate …
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I’m failing hard on this one, this shit is so extremely racist. And he doesn�…
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Ah yes, the amazing growth of post WWII Europe when we got the Marshall Plan mo…
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@Patricia You're obviously right about the racism at the core of the global…
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@timbray sure. But he is apparently going to argue that this has predictive pow…
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@timbray and the absolute gall of using colonial Britain as a model for India�…
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This is the problem with having two variables, mr Economist, you lose absolutel…
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@Patricia i've been meaning to ask, why are you doing this to yourself?
Post #AjKn83rL5e57wQdJDc by [email protected]
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@mensrea so when I say it’s bullshit they can’t say I didn’t do my homewo…
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@mensrea it started at “omg it can’t be this silly” - but my annoyance ha…
Post #AjKp2MCACkTQyomUtM by [email protected]
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Guy who did not spend one sentence on the bias of his data, or how colonialism …
Post #AjKpUjXwyi4HVlVEYq by [email protected]
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Omg apparently compound interest is going to be our driver here, because just a…
Post #AjKpZc1UNV8hcpe5Wy by [email protected]
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@Patricia for a slightly less bad book from economists, different school of tho…
Post #AjKpZc7A2PfzuQIcN6 by [email protected]
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@Di4na wasn’t he a doctor? Or is this a different guy?
Post #AjLlEO4eq5uHcjiAG8 by [email protected]
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People tell me this guy is a leftist-economist… and I’m here in chapter 2 g…
Post #AjLlXlmotxqUfUbtKq by [email protected]
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I’d be very interested in what Americans and especially black Americans would…
Post #AjLlkSUbwjtyav8xiS by [email protected]
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@pilum I am currently assuming that he is going to say that rich people should …
Post #AjLlowgbd6gBOctT0a by [email protected]
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@Patricia does this just imply the other economists are card carrying fascists?…
Post #AjLlowmHI1DTgDXzqi by [email protected]
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@leftpaddotpy if this is left then I don’t really want to consider the scale.…
Post #AjLnKZLO3Dw4DqbzN2 by [email protected]
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You know when you listen to someone and you go “Nah, I’m sure he didn’t m…
Post #AjLo5IsX5QnOlZOrjs by [email protected]
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This is too banal for me. He is basically saying that the average wealth per ca…
Post #AjLpXy9DLJ2Up3R3dA by [email protected]
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@Patricia if that made sense then we'd all be millionares.
Post #AjLpXyFaxa8x8qQ9Zo by [email protected]
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@olafurw @Patricia where are my millions 😭
Post #AjLpzgDBcb1RIsVULA by [email protected]
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@Patricia I know that some, I think lefty, Political Scientists didn't like…
Post #AjLpzgIrHVYjaTA1BI by [email protected]
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@trost I haven’t gotten to that bit yet, but on the surface Tarik seems to be…
Post #AjLqEk4zWVQvdvr8Eq by [email protected]
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@dorinlazar tbqh, the fact that he has not once acknowledged the impact of dise…
Post #AjLqwUqxUnE3A39jWa by [email protected]
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Americans, how did the abolition of slavery impact population numbers? Did the …
Post #AjLrRQ7DA2H3RaVHVI by [email protected]
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@Patricia I think they were counted as 3/5 of a person while enslaved which is …
Post #AjLrRQCsowoLjB9oLQ by [email protected]
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@Moosader omg, for some reason that feels worse. “I acknowledge your humanity…
Post #AjLrsj7Qc9OmCWcrOC by [email protected]
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@Moosader @Patricia yup, it's in the constitution: https://en.m.wikipedia.o…
Post #AjLs2KMZVi3CJnHr6G by [email protected]
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@tedmielczarek @Moosader I don’t even know what to say about that
Post #AjLvEqKgm1k6o948wa by [email protected]
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Sociologists would be infuriated by this book, he keeps on saying stuff like �…
Post #AjM8ingMUVxogAomtU by [email protected]
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@Patricia Here in the US, we're constantly told by politicians that we'…
Post #AjM9yTwrjEkS3zZyFM by [email protected]
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It is clear that he will not at any point acknowledge that what he is talking a…
Post #AjMCNKpAzLJ8uhxe4G by [email protected]
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@Patricia @tedmielczarek @Moosader yes, but note that that's what they were…
Post #AjMCNKvYbcPbEUwk0u by [email protected]
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@Patricia @tedmielczarek @Moosader (to clarify/reinforce the first point: accur…
Post #AjMCNL1aFDETXBlYPI by [email protected]
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@luis_in_brief @Patricia @Moosader right, the "Compromise" part of th…
Post #AjMCjJD1ftf6H5avKq by [email protected]
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This brings to mind the extremely relevant TED talk by the prominent Norwegian …
Post #AjMD2Vk9ITEaeQFBB2 by [email protected]
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The entire chapter 2 seems to be about reducing the “growth” of a country t…
Post #AjMDbfprlZ7q5RgWkS by [email protected]
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Ok, lol, he is inadvertently dissing MAGA by saying than in historical economic…
Post #AjMGDX5mvBTzsnJRGy by [email protected]
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@Patricia what a thread. I never stomached the will to read him, but people th…
Post #AjMGDXBSa61IANxy76 by [email protected]
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@Migueldeicaza with Team Topologies I am convinced they’re lying if they say …
Post #AjMHMvGoUw9bQgVjwO by [email protected]
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@Patricia it’s worse than you think. I went to Princeton and saw it first han…
Post #AjMHMvMU9qgtiHAGmW by [email protected]
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@rebelwarrior wow
Post #AjMHQ1TtrUhlYs6tzk by [email protected]
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@Patricia followed you for this thread, so when I saw you were grumpy about TT …
Post #AjMHQ1ZDXixTpMb9Hc by [email protected]
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@james ✊
Post #AjMHazV9YxkebfvVM8 by [email protected]
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@Patricia @Migueldeicaza I read it (albeit 10 years ago). I liked it. I was le…
Post #AjMHazbBCYZWuMkJkW by [email protected]
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@timbray @Migueldeicaza I’m just on chapter 2 of… 16 (omg 😰) but so far …
Post #AjMNitxaeHsBSiNnnM by [email protected]
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We have now spent a ridiculous amount of time looking at how there was little i…
Post #AjMP1zPkh6M5pnDm76 by [email protected]
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Oh joy, we’re gonna take a “brief detour through literature” as we start …
Post #AjMPCO7zfGOjNUsCTw by [email protected]
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@timbray @Patricia @Migueldeicaza Most people on the Left don’t know (m)any f…
Post #AjMPCOE1IrDbgBh0sK by [email protected]
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@alper @timbray @Migueldeicaza the charts, numbers and math in this book is bar…
Post #AjMPJxsf8ROsI3Jaq0 by [email protected]
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@Patricia @Migueldeicaza Heh, I recommend stopping at the 3/4 point when Pikett…
Post #AjMPJxzOjOmucwSyKu by [email protected]
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@timbray @Migueldeicaza so far the weakest part of all of these books are the c…
Post #AjMPO7w7gpT2dUv03E by [email protected]
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@timbray @Patricia @Migueldeicaza In a way, this kind of reminds me of visiting…
Post #AjMPO829KQHuwBjoRc by [email protected]
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@adriano @timbray @Migueldeicaza
Post #AjMPTJIYsF9HK2sx5k by [email protected]
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@Migueldeicaza @Patricia I have long wanted someone to do a good 50-100 page su…
Post #AjMPTJOEX9gZbdXTvs by [email protected]
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@luis_in_brief @Patricia in defense of whoever that Graeber guy is, we all coul…
Post #AjMPTJUGAkVRuKMIKG by [email protected]
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@luis_in_brief @Patricia oh fuck, it is the author of “Debt”, whose name I …
Post #AjMPTJZvpf2kBv0pAO by [email protected]
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@Migueldeicaza @Patricia yeah, his final book (published right after he died) w…
Post #AjMPTJfFVtISSPV4SG by [email protected]
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@luis_in_brief @Migueldeicaza oh, this I want to read
Post #AjMPoxcq8MlKTYh612 by [email protected]
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@Patricia I thought this was the weirdest thing I'd seen since the "an…
Post #AjMPoxjDkdrmnLgBxg by [email protected]
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@Patricia OTOH, at least we covered the Horatio Alger books as propaganda 😀
Post #AjMPoxotPYP54wKino by [email protected]
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@jcgregorio I would totally attend that class 😂
Post #AjMPrfe3RPYZZyYREW by [email protected]
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@alper @timbray @Patricia s/Most people on the Left/Most people/
Post #AjMPrfk550NRsfNFcu by [email protected]
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@Migueldeicaza @alper @timbray tbf most of these books could’ve been a blog p…
Post #AjMPzB2F8ECSxeRozg by [email protected]
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@Patricia @Migueldeicaza Debt, you mean? The core thesis is interesting and pro…
Post #AjMPzB7YoSSBE8w4HY by [email protected]
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@luis_in_brief @Migueldeicaza ah yeah, someone linked to that. I mean this post…
Post #AjMQE6wEe7bibAl6Bs by [email protected]
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I refuse to read Jane Austen to understand Piketty’s book. She deserves bette…
Post #AjMQkA7GMm4LimCSkC by [email protected]
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Tbh I learned much more about capitalism from Nevil Shute’s “A Town Like Al…
Post #AjMQsB8WSNNxCbbzCy by [email protected]
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Oh wow, he managed to end on: is being poor now any worse than being poor in th…
Post #AjMTZce0G7m8sPBD1M by [email protected]
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So far he’s just going on about what is capital and I just realized something…
Post #AjMTqy7bexCYPWIWuW by [email protected]
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I think he’s wrong about the “human capital” thing and I think any early …
Post #AjMUeF1BcyIH0Hn2Xo by [email protected]
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I think he is now talking about how having colonies was great for Britain. But …
Post #AjMUlc5wEAdUbMWmtk by [email protected]
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Basically this whole section is: being a colonial power is great
Post #AjMUuL8SeR6gbqrwRM by [email protected]
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And decolonization is not great for business
Post #AjMW81cq5NJK6nASCe by [email protected]
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@Patricia oh dear, he needs to talk to a historian of European colonization.
Post #AjMW81iVkHqcONoz2m by [email protected]
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@dhedgehog it seems on purpose now, not ignorance, but explicit erasure
Post #AjMXKIQfXGmneZtG4G by [email protected]
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Mathematical concepts covered up to now:AdditionSubtraction Multiplication Divi…
Post #AjMZ0xPdeOc0sUJYrQ by [email protected]
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@luis_in_brief @Migueldeicaza @Patricia The Dawn of Everything, with D. Wengrow.
Post #AjMZuVVOaza8XfUmyu by [email protected]
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@adriano we’re missing root 😅
Post #AjMa15ZPQ9Dc8GVksi by [email protected]
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Ok, just so nobody is wondering, fighting in a war is bad for the economy of a …
Post #AjMa5uoepc4oE8wef2 by [email protected]
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@adriano fair 😂
Post #AjMaOfRqC3rM4ADM3s by [email protected]
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Lol, I think he just tried to say that private money paid for the revolutionary…
Post #AjMaPSxm67WDdOX38i by [email protected]
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@Patricia ah, but what if one “takes advantage of surplus human capital in co…
Post #AjMaY7sLrzFyq57nk0 by [email protected]
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@tofagerl omg, Tom, that was way too realistic
Post #AjMah7R0sWwU4scqbA by [email protected]
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Omg we’re back on Jane Austen
Post #AjMdSOb75Je4pI1M80 by [email protected]
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@Patricia You knows what? I was looking forward to reading Picketty until you g…
Post #AjMdSOhUhakX950S4e by [email protected]
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@cstross sorry 🙈
Post #AjMdgCBs0k4cOsnHcm by [email protected]
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@Patricia is it human capital, or knowledge capital? Because, perhaps he doesn&…
Post #AjMdgCHXfebugTRoSu by [email protected]
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@fabs I think the next chapter is on the US so I guess we’ll see how much he …
Post #AjMf0VTi6pSPxxO5PE by [email protected]
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We have arrived at the first mention of models!“Representative agent models�…
Post #AjMf7Ka31crkC6bcVk by [email protected]
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I think these people need more math. Like differential equations or something.
Post #AjMfmvcME66sw6WNfM by [email protected]
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I think maybe this type of modelling is what got us into the average wealth thi…
Post #AjMfoitYV2oy3aQBNo by [email protected]
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@Patricia they do plenty of experiments on real people and countries, they just…
Post #AjMfoizw7JvQNNPHKS by [email protected]
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@matus_chochlik 😭😭😭
Post #AjMjJGNAtWPiR6WtuK by [email protected]
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It went nowhere really. Our two colonial powers got into debt because of wars, …
Post #AjMjKua8spORQrNhHU by [email protected]
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Moving on to what I suspect will be the absolute dumpster fire of this book: Ch…
Post #AjMjQgCRGl9MZ12p2O by [email protected]
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@Patricia they use Lagrangians apparently, but in a really weird way. the darnd…
Post #AjMjQgI6vfgeqbhLsW by [email protected]
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@mrsbeanbag I would watch this YouTube video
Post #AjMjZqsavmMmIF8VbU by [email protected]
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@Patricia Seems to be true of economics in general; it’s trying predict human…
Post #AjMjZqyyY3TEc27bY8 by [email protected]
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@causticmsngo sigh
Post #AjMk3DDQxsRpxusqlU by [email protected]
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@PatriciaI'm finding your narration here very interesting, because, I defin…
Post #AjMk3DJoa9YIHhrwi8 by [email protected]
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@mattdm tbh from what I read so far I think people have just been seduced by th…
Post #AjMkEYdzdQP3briUGO by [email protected]
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@Patricia ok well i just found this let me know how it goes https://www.youtube…
Post #AjMkEYk1H1DvuYXIem by [email protected]
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@mrsbeanbag Ooh Thanks!
Post #AjMkItbpd3Vdn3m3k0 by [email protected]
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@MonniauxD they should ask their kids who I’m sure learn this at school
Post #AjMkxsqDOBpfHV2vRI by [email protected]
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Ok, so we’re going to start off with Germany, and then go to the US, no idea …
Post #AjMlAiwRVTmcLK58eu by [email protected]
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I am going to piss off some Americans again. It’s unavoidable.
Post #AjMlersUqW9akJbsUS by [email protected]
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Apparently he has zero data from Germany before the unification (think Bismarck…
Post #AjMo1FKGY1ZZkPOhCS by [email protected]
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It’s weird how he manages to be so casual about things, giving zero context. …
Post #AjMp05iStIBbbljHbU by [email protected]
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Ooh new thing “Rhenish Capitalism”, this sounds interesting.“It can be at…
Post #AjMp7MFJpbqetyYsHw by [email protected]
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Anybody want to guess how Milton Friedman felt about that… I’m not even goi…
Post #AjMpPRhmH1gv2rUvmS by [email protected]
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He emphasized again: war sucks for national economies.He’s only worried about…
Post #AjMphCFUTiG8JxjO2y by [email protected]
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@Patricia I'm really enjoying this deep-dive monster thread.
Post #AjMptt7YuGXSlH4fS4 by [email protected]
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Omg this guy is shameless: “the period 1914 to 1945 was a dark one, for all E…
Post #AjMpyVhFQR1JYlyCmW by [email protected]
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@mattblaze I’m glad because this book is really long so we’re not done any …
Post #AjMqCLUUAQcVxeb80e by [email protected]
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@Patricia "Read and critically analyze this book with me" is an insuf…
Post #AjMqrPToEyrsCprXQe by [email protected]
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This is the “leftist economist” - this is the first time he has pulled out …
Post #AjMqvJlDRkaFctrr9s by [email protected]
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@Jackiemauro no, he seems sad that he can’t own people, it was a whole thing …
Post #AjMqyVw2dctKFoSIWO by [email protected]
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@Patricia Isn't this because people have argued that war is good for the ec…
Post #AjMqyW1MJr92WIwXoG by [email protected]
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@drgroftehauge omg
Post #AjMt40wgy96RmtVgjw by [email protected]
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@Patricia The goggles! They do nothing! :)
Post #AjMtBLTh1rG9UiRSD2 by [email protected]
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@Patricia from your messages on him, he seems more like a fascist. And he uses …
Post #AjMtBLZifS51nPGGbQ by [email protected]
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@pinskia he seems like a regular capitalist economist to me (with all that enta…
Post #AjMtG6gJT9dd3HcCKu by [email protected]
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@malwareminigun 😅
Post #AjMtvUuCJHPu3PqWEC by [email protected]
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So he’s saying that high inflation is good for people who have mostly debt, b…
Post #AjMv5QZVNSv1SmSyB6 by [email protected]
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Clearly we will continue to dive into fiction rather than to discuss the realit…
Post #AjMwI3oNPV64ao0gFM by [email protected]
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Apparently not having all your “capital” (buildings) bombed and no massive …
Post #AjMwLzQ1gUbE7wUgAS by [email protected]
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The TV series Mad Men made an appearance
Post #AjMxOYMuoRcj3UpDZg by [email protected]
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“To sum up: The world of 1913 was one in which Europe owned large parts of Af…
Post #AjMxYYGe2l07daexsW by [email protected]
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I think maybe this book is a massive European self own.
Post #AjMy9KbNoYKFy9tikK by [email protected]
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He’s about to start on slavery but that will have to wait till tomorrow. Goin…
Post #AjNJG2KYFApWMk3zZA by [email protected]
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@Patricia yes, abstraction is dangerous.
Post #AjNS2Vc7THhYiguB60 by [email protected]
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@Patricia whatever other flaws are in the book, he also had errors in his sprea…
Post #AjNS2Vhn8CEr0HYhw8 by [email protected]
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@jsdutky tbh I don’t really think that matters. It’s pseudoscience. It’s …
Post #AjNSMJcbldkTJoZuLY by [email protected]
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@PatriciaCanada deserves to be dragged in. While slavery wasn't as big a th…
Post #AjNSMJjLMb8VehjHqS by [email protected]
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@CleoQc The Canada section was so short, it was basically: even though Canadas …
Post #AjNT2OQ4JswMMRmEWO by [email protected]
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@Patricia @jsdutky I think the moral of this whole book review thread is: go re…
Post #AjNT2OW5xTlEf8b2um by [email protected]
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@matus_chochlik @jsdutky what is the original? Because I am actually concluding…
Post #AjNTDafJ89UbWgFCcq by [email protected]
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@Patricia it sure mattered at the time. The book got rave reviews when it was f…
Post #AjNTDakyn41toGtjSy by [email protected]
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@jsdutky again it’s astrology enthusiasts arguing, it’s not interesting. Wh…
Post #AjNUE80HHOucsQsC4e by [email protected]
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@Patricia that's the thing: whether or not the field is bullshit, Piketty&#…
Post #AjNUE86IuzjVB7h0T2 by [email protected]
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@jsdutky arguing star alignment with astrologists is best case useless and wors…
Post #AjNUfD8UJ070c6cxTU by [email protected]
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@Patricia @jsdutky I agree with the economy as a science field is BS thing, Mar…
Post #AjNUfDEVwavsunRlrs by [email protected]
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@matus_chochlik @jsdutky I want to read him but folks seem to say it’s really…
Post #AjNVU60QZfJJGk7ZR2 by [email protected]
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I’m not looking forward to this bit because I’ve realized that it’s not A…
Post #AjNVWugz5ujv37N0vQ by [email protected]
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Alright, let’s go.
Post #AjNVoQAbJY7NbAZUDw by [email protected]
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Holy shit. “owning slaves” “import of slaves” fuck you Piketty.
Post #AjNWIqwKLivHJLPESO by [email protected]
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This fucking guy. TW for fucked up white people talk about slavery.
Post #AjNWZdjCityBG6Gx1s by [email protected]
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Everything he is saying is pissing me off. I hope it’s over soon.
Post #AjNWjw1LZBZQt7fRsu by [email protected]
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Holy fucking shit. He’s going into an analysis on pricing of enslaved people.…
Post #AjNX8zr8RalI1SqEiW by [email protected]
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“Since they had the bright idea of owning not just the land, but the labor fo…
Post #AjNXCDYbxYmTNviGbw by [email protected]
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There will be a lot of swearing in this section. It can’t be helped.
Post #AjNXJl5jg7lDPtnoZs by [email protected]
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Did anybody actually read this fucking book
Post #AjNXeclbpAX7gCL0rI by [email protected]
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I know we just started, but I need a break.
Post #AjNXy6JiBLzSpUZn5U by [email protected]
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@Patricia Can you think of the mindset or worldview of the people that can read…
Post #AjNY9cTex0C5l6ioim by [email protected]
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@dascandy I’m hoping people are just lying when they say they read it
Post #AjNYYwpER0Jg6etDJg by [email protected]
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@dascandy @Patricia unfortunately there are *a lot* of people in what is referr…
Post #AjNYYwvy1xhiRY2aoa by [email protected]
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@matus_chochlik @Patricia to me it always looks like a form of tribalism. The s…
Post #AjNajmf0ldVTfsP62q by [email protected]
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People who asked me why I bother to read the books: THIS. This is why you read …
Post #AjNb6qWyXklAL3ds3M by [email protected]
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@Patricia Allow for irony
Post #AjNb6qceCfISceIOtU by [email protected]
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@noctuaminervae feel free to read it in context.
Post #AjNbJ1WjUCAnuwKpzk by [email protected]
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@Patricia mostly because he consistently propose we vote for the socialists and…
Post #AjNbRKvLFirWOOoGLw by [email protected]
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@romeu @Patricia > Picketty is a condemned wife beaterMarking the checkbox o…
Post #AjNbcATaR9x3AuzaO8 by [email protected]
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I was thinking about how the book doesn’t talk about women, and the only wome…
Post #AjNbgqRqKQryVUPHvs by [email protected]
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@dascandy @romeu samehttps://social.vivaldi.net/@Patricia/112693138050055606
Post #AjNcskqP5b3mYX8bM8 by [email protected]
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Ok, I’m just going to go through the chapter and give you a summary. No more …
Post #AjNd2yIHwETzAK3JCa by [email protected]
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@Patricia I skimmed the parts where he redid the analysis on other sets of data…
Post #AjNd2yOfYVaRU72P9E by [email protected]
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@Patricia and yeah Piketty is an awful person AND YET is in many ways less awfu…
Post #AjNd2yUhC6PJmnrDXc by [email protected]
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@vaurora I’m not not skimming this drivel. I’m reading every single word.
Post #AjNetQHxCSXB0ATEqu by [email protected]
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Fuck it, I can’t. This fucking guy is the leftist economist? Fuck, I hate thi…
Post #AjNeuXLuQFhFCPqs64 by [email protected]
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@Patricia Just to be clear for other readers who aren't attempting to read …
Post #AjNeuXRa5AEXU0VOwC by [email protected]
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@vaurora ROFL. Then you haven’t read it.
Post #AjNexm6c1htJpBEzey by [email protected]
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@vaurora Pick your heroes more carefully.https://social.vivaldi.net/@Patricia/1…
Post #AjNf4bF4ob089vSE52 by [email protected]
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@Patricia 🫡 FYI it took me a YEAR to read so I am in awe of anyone who even …
Post #AjNf4bKOUpFqQPwTMu by [email protected]
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@vaurora this book is absolute drivel mixed with very clear white supremacy so�…
Post #AjNfID8BFyyVQwidVY by [email protected]
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European racism is so insidious.
Post #AjNg85oZhfmFnjHu52 by [email protected]
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“Attributing a monetary value to the stock of human capital makes sense only …
Post #AjNgAZ7fhwxlHGOoaW by [email protected]
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@vaurora this guy?https://social.vivaldi.net/@Patricia/112693337147476156
Post #AjNgLhzP59vfxiqT8S by [email protected]
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Do not come in my mentions making excuses for this guy before you go back and r…
Post #AjNgsvapWcHxi3Bvpg by [email protected]
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@Patricia my friend was once told in a complimentary manner by a German person,…
Post #AjNgsvhD8tOQ1qB1mK by [email protected]
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@__head__ 🤬
Post #AjNhI9EvvK4hH2yWq8 by [email protected]
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Recap of chapter 4… Germany has surpassed France and Great Britain and did so…
Post #AjNhZK5Are4ZpBbGzI by [email protected]
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@Patricia I’m amazed that one can write such a sentence and not having all th…
Post #AjNhZKAqWYbs6mFnpQ by [email protected]
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@samantha this is what came out after editors, fact checkers and translators……
Post #AjNi1n48hMydp5gruy by [email protected]
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Starting Chapter 5: The Capital/Income ratio over the long run
Post #AjNiHPv6WOVqffuprk by [email protected]
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I think I need a break from this guy after this chapter. I don’t actually car…
Post #AjNjla3VVCOQkPnEGW by [email protected]
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Since it's come up again, this is the math he has reduced the world to:This…
Post #AjNkbyWXm5WZh2MHSa by [email protected]
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You know what this whole book is about? It's been said 500 million times on…
Post #AjNl2KTWma0RIrVwcC by [email protected]
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@Patricia This is why God gave us theft.
Post #AjNl4ESY7VKxDzxpTM by [email protected]
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And to the left: you don’t have to quote an economist when you can look out t…
Post #AjNlInqBN1mv0mxxB2 by [email protected]
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@Patricia Paul Krugman might be the one to read next.
Post #AjNlInwD0cbnJTmlZQ by [email protected]
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@mrsbeanbag eWhich one?
Post #AjNm7NStC6VnygBdFw by [email protected]
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@Patricia i've no idea i haven't read any, i just heard he was consider…
Post #AjNm7NYYr136GGqA64 by [email protected]
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@mrsbeanbag I can’t take another one. I’d rather read Marx tbqh
Post #AjNnozm6jaalCTXRIm by [email protected]
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@Patricia my understanding economics is it is the study of how goods and servic…
Post #AjNnozsULrhDWGWXFQ by [email protected]
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@kaynSD My book thread on Unaccountability Machine (pinned) explains (kind of…
Post #AjNnqkEtSzn1b1pxAG by [email protected]
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@Patricia I mean yeah, post WWI hyperinflation was a key contributor to the ris…
Post #AjNosf9bRdIqMEqBcW by [email protected]
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@dascandy @Patricia Ten years ago the world was a lot different than it is now.
Post #AjNosfGh1GySiE9qfg by [email protected]
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@alper @dascandy being a racist while Obama was president isn’t exactly an ex…
Post #AjNpCKcpTlzQTstEum by [email protected]
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@Patricia That first bald assertion is manifestly wrong: Germany not only had o…
Post #AjNpGMFPODnifdr47M by [email protected]
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@cstross that’s funny, he made a big deal over the Germans being jealous beca…
Post #AjNpOBTLKs7rZJ6Xfk by [email protected]
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@cstross but the whole book is sloppy like this, no critical analysis, no real …
Post #AjNpPnRLepwrc4wMRk by [email protected]
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@Patricia The important bit of maths for politicians to learn: Two divergent ge…
Post #AjNpb9DB3IuwJziz68 by [email protected]
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@david_chisnall yeah, he was very thorough on explaining compound interest 🙃
Post #AjNreSXHrRsz22pzlY by [email protected]
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@Patricia Germany went through *two* hyperinflations:1) in the early 20s, when …
Post #AjNrw2rs260edWqpBA by [email protected]
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@Patricia @cstross well the Germans were very late to the party and therefore t…
Post #AjNs7Ukehc6kIkw5VQ by [email protected]
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Irl conversation: why don’t you want to burn it?Me: book burning doesn’t si…
Post #AjNvS3bx6XqE4SMTUu by [email protected]
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@Patricia At Aalborg University Departmenet of Computer Science we have a song …
Post #AjNvS3hclSNWM310L2 by [email protected]
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The book is lovingly burned on the yearly Fyttetur by memeber of the F-Club. I …
Post #AjNvS3o0NjTyfq06Hg by [email protected]
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@looopTools ROFL
Post #AjNx8pfmtyidFU7GLY by [email protected]
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@Tallish_Tom sounds refreshing, I’ll have a go
Post #AjNxBkQSrp0bqNL55k by [email protected]
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@Patricia The US census counted enslaved people, but the methodology of the cen…
Post #AjNxFpwoHOD67xPz8K by [email protected]
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@dashdsrdash yeah… but they didn’t get a vote, so not only were they kidnap…
Post #AjNyc8Lee9HVWNEcPQ by [email protected]
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@dashdsrdash @Patricia not exactly related but a somewhat "fun fact" …
Post #AjNzLDPAgzpoEfNOQy by [email protected]
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@Patricia I wonder if Piketty is going to cover "redlining".That'…
Post #AjNzNF2VaQZbsrk4bQ by [email protected]
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@dashdsrdash not mentioned because he is doing extremely shallow analysis
Post #AjNzUVQr2NQikgas1g by [email protected]
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@Patricia @dashdsrdash I always interpret it in a slight different, equally rev…
Post #AjNzUVWWhHy12HFOro by [email protected]
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@hattom @dashdsrdash so appropriating their vote, and that is the only reason t…
Post #AjP3Ed9v8Rgb3eJnxg by [email protected]
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@Patricia I can't believe you've stuck with this book. I'm definite…
Post #AjP3EdGejP4dOXTBSa by [email protected]
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@Nonya_Bidniss 💜
Post #AjP3bHnqhbrDU3nW7c by [email protected]
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@jsdutky @Patricia So they are court astrologers.
Post #AjP3bHtsLCg5mkcKW0 by [email protected]
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@antnisp @Patricia no, if they were just astrologers there would be no wrong an…
Post #AjP3bHzY07DO4LGrM8 by [email protected]
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@jsdutky @antnisp yeah, he was wrong about star charts so the other astrologers…
Post #AjP3igsfrVRlHwaLrs by [email protected]
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@Patricia I haven't read any of his books, but I think the other thing that…
Post #AjP3igz3TmYDbjZRoW by [email protected]
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@danlyke the whole field is nonsense
Post #AjP3rncaAdHuneOyjA by [email protected]
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@Patricia welcome to economics. The biggest and longest con of all was when sel…
Post #AjP3rnhtqrXd48tE12 by [email protected]
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@randy right now I think I’m still in the anger stage of grief.
Post #AjPpJfELemPkjJr5rk by [email protected]
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@Patricia I want people to also remember that numbers in that book are not repr…
Post #AjPpJfKNINEd20fuG8 by [email protected]
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@morenonatural economics as a field is pseudoscience, what I say in the above p…
Post #AjQ0Iq8aiYv1lQyKno by [email protected]
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People are coming in my mentions telling me “well actually, his numbers were …
Post #AjQ9d6kpXu8agAb6uW by [email protected]
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@Patricia i think my biggest issue with the field of economics isn't that i…
Post #AjQ9d6rDABF2zxaCrA by [email protected]
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@mensrea I think by now that field would need another name, for all I know it m…
Post #AjSFJbtF3wNXUhXPCC by [email protected]
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@Patricia Haha. I'm yet to read the entire thread (it'll be like readin…
Post #AjSFJbzGhXCPnOMDaa by [email protected]
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@prasoon I would recommend my thread actually
Post #AkISVCCxlDqhQJX9sW by [email protected]
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Thank goodness it isn’t just mehttps://ciberlandia.pt/@per_sonne/112848254340…
Post #Augm2JimqtwwsylbE0 by [email protected]
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@Patricia My dad, near the end of his life, also read Capital. He was so appall…
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