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Anime Wong (elliptica@poa.st)'s status on Saturday, 12-Apr-2025 06:44:17 JST Anime Wong
@KaiserKitty @Frondeur @IAMAL_PHARIUS @KingOfWhiteAmerica @ThatWouldBeTelling Because they wanted to make it go away. Reminds me of math in theoretical physics, every constant is 1, all units are 1.
Why didn't they just use 1? idk.- Chinese man ? #nobot likes this.
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Chinese man ? #nobot (iamal_pharius@poa.st)'s status on Saturday, 12-Apr-2025 06:44:17 JST Chinese man ? #nobot
@Elliptica @KaiserKitty @Frondeur @KingOfWhiteAmerica @ThatWouldBeTelling dont ask why they use adjusted values
dont ask why they values from different papers from different years
ask why they had to fucking fix that shit after people tried to guess their formula of those insane numbers -
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Frondeur (frondeur@poa.st)'s status on Saturday, 12-Apr-2025 06:50:55 JST Frondeur
@IAMAL_PHARIUS @Elliptica @KaiserKitty @KingOfWhiteAmerica @ThatWouldBeTelling now we're talking lol!!! Chinese man ? #nobot likes this. -
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Chinese man ? #nobot (iamal_pharius@poa.st)'s status on Saturday, 12-Apr-2025 06:59:22 JST Chinese man ? #nobot
@Frondeur @Elliptica @KaiserKitty @KingOfWhiteAmerica @ThatWouldBeTelling https://www.aei.org/economics/president-trumps-tariff-formula-makes-no-economic-sense-its-also-based-on-an-error/
>However, the elasticity of import prices with respect to tariffs should be about one (actually 0.945), not 0.25 as the Trump Administration states. Their mistake is that they base the elasticity on the response of retail prices to tariffs, as opposed to import prices as they should have done. The article they cite by Alberto Cavallo and his coauthors makes this distinction clear. The authors state that “tariffs [are] passed through almost fully to US import prices,” while finding “more mixed evidence regarding retail price increases.” It is inconsistent to multiply the elasticity of import demand with respect to import prices by the elasticity of retail prices with respect to tariffs.
im guessing this guy is a nepo baby that gives good head. you dont get to "misunderstand" the paper youre working off of. -
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Ulysses (professionalbigot69@poa.st)'s status on Saturday, 12-Apr-2025 07:19:47 JST Ulysses
@IAMAL_PHARIUS @Elliptica @KaiserKitty @Frondeur @KingOfWhiteAmerica @ThatWouldBeTelling these niggers are just making up numbers and seeing what sticks
it's like finding the golden tax rate in a city building sim before the place depopulatesIn conversation permalink Chinese man ? #nobot likes this. -
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Nudhul (nudhul@shitposter.world)'s status on Saturday, 12-Apr-2025 07:32:36 JST Nudhul
@IAMAL_PHARIUS @KaiserKitty @Elliptica @Frondeur @KingOfWhiteAmerica @ThatWouldBeTelling economics is not in the realm of math, it's in the realm of art, because e cannot be assigned a numbered value. all these brainlets are trying to solve for something irrational and mercurial. In conversation permalink -
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Wolfgirl in Wheatfield (wgiwf@poa.st)'s status on Saturday, 12-Apr-2025 08:19:19 JST Wolfgirl in Wheatfield
@professionalbigot69 @IAMAL_PHARIUS @Elliptica @KaiserKitty @Frondeur @KingOfWhiteAmerica @ThatWouldBeTelling In conversation permalink Attachments
Chinese man ? #nobot likes this.