Comments on: How to become a freakonomist http://blogs.reuters.com/great-debate-uk/2009/11/10/how-to-become-a-freakonomist/ Wed, 16 Nov 2016 01:37:11 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: scheng1 http://blogs.reuters.com/great-debate-uk/2009/11/10/how-to-become-a-freakonomist/comment-page-1/#comment-8576 Sun, 22 Nov 2009 03:01:01 +0000 http://blogs.reuters.com/great-debate-uk/?p=4268#comment-8576 I guess the best application of freakonomic is prior to birth of a baby. If the baby-to-be understands freakonomic, it will choose the country, the parents to ensure a headstart in life.

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By: f belz http://blogs.reuters.com/great-debate-uk/2009/11/10/how-to-become-a-freakonomist/comment-page-1/#comment-8570 Sat, 21 Nov 2009 19:09:43 +0000 http://blogs.reuters.com/great-debate-uk/?p=4268#comment-8570 Problem with the so called economist traders. There is no substance to what they think they own, and everything is at risk all the time. It is called a house of cards and will fall down if a small breeze or shake comes along. This is not wealth. True wealth is when people own things and for businesses that produce a product for the common good of all. Just trading is what it is; “Just Trading” with no particular value. I have seen companies exchange their livelihoods for paper, and then they die. We have just seen what traders can do if left to Just Trade.

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By: Casper http://blogs.reuters.com/great-debate-uk/2009/11/10/how-to-become-a-freakonomist/comment-page-1/#comment-8413 Mon, 16 Nov 2009 09:13:17 +0000 http://blogs.reuters.com/great-debate-uk/?p=4268#comment-8413 That’s nonsense and a cop out, we must just stick to the most basic principles and KISS. This should be topped up with common sense surrounding present conditions, moving forward, rather than over analyzing the past. The big problem that we face is that we exclude +- 14 G20 members when we do analysis, no wonder we freak and chump out. There is more to World Economics than the US, China, UK, Russia, Japan and the Euro Zones.

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By: Benny Acosta http://blogs.reuters.com/great-debate-uk/2009/11/10/how-to-become-a-freakonomist/comment-page-1/#comment-8331 Thu, 12 Nov 2009 00:29:23 +0000 http://blogs.reuters.com/great-debate-uk/?p=4268#comment-8331 After which you can go to government and have them take more money from the chumps they represent so you can keep drinking those mixed drinks again. :-)

sweet

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By: Robin Hood http://blogs.reuters.com/great-debate-uk/2009/11/10/how-to-become-a-freakonomist/comment-page-1/#comment-8321 Wed, 11 Nov 2009 15:37:24 +0000 http://blogs.reuters.com/great-debate-uk/?p=4268#comment-8321 To helavaname :

Beautiful analysis. THEN, you take those huge profits and throw them into the black hole called DERIVATIVES, where they’ll never be seen again.

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By: Cheesey1 http://blogs.reuters.com/great-debate-uk/2009/11/10/how-to-become-a-freakonomist/comment-page-1/#comment-8319 Wed, 11 Nov 2009 15:10:25 +0000 http://blogs.reuters.com/great-debate-uk/?p=4268#comment-8319 Helavaname – Ha, that was funny, yet very true. Nice one.

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By: Helavaname http://blogs.reuters.com/great-debate-uk/2009/11/10/how-to-become-a-freakonomist/comment-page-1/#comment-8316 Wed, 11 Nov 2009 10:43:27 +0000 http://blogs.reuters.com/great-debate-uk/?p=4268#comment-8316 I subscribe to a theory known as Chumponomics.

The global market consists of chumps. Essentially, the secret of wealth is to indentify a group of chumps and enter the chump market. You purchase something from a chump for as little as he will accept. Then you need to find another chump, and sell that good for as much as the chump will pay. The result is profit.

Eventually you will soon have more money. This will allow you to purchase and sell more things to chumps. Eventually your chump profits will be large enough to identify new groups of chumps and open new markets.

Your ultimate goal is to have so much money, you can then pay some chumps to do all the work for you. Then you spend your days relaxing in a holiday resort, getting some chumps to massage your feet and mix your drinks.

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