jupitersterrain four

Katyia2 October 2012 11:42PM

Response to memtitude, 2 October 2012 5:36PM

thanks I've only watch a few minutes so far - - - sort of fumbling about in the dark here but there are some peeps attempting do demonstrate economics as an art - - - in fact I rather thought Boris Johnson was going to do one of his poems but then he didn't - - -

At heart, economics is the study of how people make decisions. As such, no matter how mathematical the basic principles of economics may be, it is inherently based on something dirty and imprecise: the actions of irrational people. Any model that tries to predict or explain the behavior of people will, by definition, have error. When it comes to interpreting what is acceptable error and what is flawed theory may come down to more art than science, because at some point, standard errors and t-test statistics can only go so far

Read more: http://wiki.answers.com/Q/Why_is_economics_an_art#ixzz28BJ9SNYG

If the blue line has actually bottomed (and we guess not until the U.S. midterm elections sort themselves out), should we expect it to follow the upward pattern of the (red) 2008 event? Or is the plateau that we see in the left hand portion of the blue line above a sign of a new ?normal? level for an extended deleveraging consumer economy? The question is really about whether what we are seeing in the above chart is a short term aberration in consumer behavior or part of a much longer term profound change in attitudes and feeling
The traditional relationships have changed, at least temporarily, and will now probably ?girate? above and below normal until the artificial stimulus factors are negated over time, similar to ?ripples in a pond?
Our message for the past six months has been that the current ?dip? in consumer demand is not following a classic ?V? shaped pattern. We have used the words ?lingering? and ?prolonged? to describe it, particularly when comparing it to the ?Great Recession of 2008,? which the National Bureau of Economic Research now informs us ended in June of 2009. Our key question concerns the future course of the blue line in our ?Contraction Watch?

see link for pic
http://www.senseoncents.com/2010/09/economics-an-art-or-a-science-checking-in-with-rick-davis-of-consumer-metrics-institute/

Katyia3 October 2012 12:10AM

just looking for some artwork its not quite what I had in mind I wanted someone
to show me a pairting about demand rather than the occupy stuff - - -
http://economix.blogs.nytimes.com/2009/01/13/economic-art/
I mean art and poetry can be functional in the sense that you
strip down the peel and are left with the quick underneath
that is raw emotion which is a more efficient way of
targeting and moving energy as long as its as you
put it unaware - - - i.e. the more artless it is
more it ligns instinctively with its nature - - -

• katyia2 October 2012 9:54AM
  

  
  
  Response to saac, 2 October 2012 4:03AM

  that all sounds very tickety boo sac – - -
  would the handicapped disabled orphans be required to
  ‘do’ any services in return for their incomes – - -
  ******************
  this comment was also denied a perfectly reasonable question to ask ...