Fire Extinguisher Throwing Student

[gratedenini]

O LODY MAMA...what have i done... Pandoras box has been opened.

I will take it (as if I didnt already know) that I am in fact not an interlectual.

And if the above is the direct fodder of said class... I am ever so glad!

I shall continue along in my non-interlectual manner and strive for my 3 Correct Answers on Uni Challenge.

Now wheres Tonto? He should be back in now after his tea!

den

[Rufus Gwertigan]

But it didn't.

Absence of what feasible alternatives? I can think of many community based alternatives more suited to someone with a whole future in front of them learning what happens when you behave like a dick.

[worm]

O LODY MAMA...what have i done... Pandoras box has been opened.

I will take it (as if I didnt already know) that I am in fact not an interlectual.

And if the above is the direct fodder of said class... I am ever so glad!

I shall continue along in my non-interlectual manner and strive for my 3 Correct Answers on Uni Challenge.

Now wheres Tonto? He should be back in now after his tea!

den

[worm]

after much googling, because of my own inability to use the technically correct terms, I'm now ablew to correct myself.

[worm]

What you've referenced has NO relevance at all to what I've said and what you've said on this subject. If you knew the subject enough to make meaningful comment on it, you'd know that.

[eFestivals]

You said 'proper market', which quite literaly means that there is an improper market, which is complete nonsense and so worthy of dismissal.

There are lots of 'improper markets' - markets that are not operating as an efficient market, such as football transfers.

I used "proper market" to mean a market that is operating properly, and the explanations I put around my use of 'proper market' makes it totally clear what I was referring to. If you knew the first thing about economics rather than the zero you clearly know, you would have got it.

The fact that economists have definitions for different types of market operation shows that it's not anything "worthy of dismissal". You only dismissed it because of your own ignorance of the subject.

No economist would look at the idea of a 'proper market' as it would be a complete waste of time. There is no such thing as an improper market as it's a complete nonsense.

PMSL - your words are proven as ignorant bollocks by the very fact that economists have identified different types of market operation, and that some work better than others.

You need to pay attention to what others are saying, not just what you think you're saying.

which I did - and which got to show that you were talking from a position of complete ignorance on the subject. The proof is in your own words.

I've never once argued with there being a market price. What I have said is that it is the direct result of people agreeing upon certain values, which includes factors such as resources, availablity and need. And these factors are also apparent in the determination of bid prices in the Premiership, albeit a bartering and not fixed price system.

Try listening to what others say.

If you'd been listening to what I was saying, then you'd have seen that I was differentiating between a bartering system where no absolute value can be put on the item, and a market system where there is an indisputable correct price.

You said "trends fix the price". Yet there is no identifiable trend within football transfers, so no price can be taken from any trend. You are 100% wrong.

My words made clear to anyone with a basic grasp of economics that I was referring to what is known as 'efficient market hypothosis', despite me mis-labelling that already-identified market process (which you said no economist would try to identify ).

Your words made 100% clear that you were talking from a position of total ignorance of economics.

Get over it.

[worm]

There are lots of 'improper markets' - markets that are not operating as an efficient market, such as football transfers.

Edited January 26, 2011 by worm

[eFestivals]

They'll straighten your wording out and show you what you're doing wrong.

Yes, they'll tell me I was mightily bad by getting just ONE word wrong by mis-naming the technical term, but also tell me that I have a great understanding of economics at all levels. Because that's what they've told me previously, and that's what I've displayed here.

Meanwhile, the fact remains that I explained the operation of how the market works poorly for footie transfers, and that you only talked utter guff.

Your every word exposed your ignorance of economics. No amount of backtracking from you can hide that certain fact.

Edited January 26, 2011 by eFestivals

[eFestivals]

The figures aren't plucked from the Sky, as a bid for 50p or 500 Billion would be laughed at.

Oh, you mean like Liverpool plucked a number from the sky, and it was laughed at by Olly?

Or how Olly plucked a number from the sky, which his own club has now laughed at and said the price lower than Olly quoted?

You've just proven me right.

While at the same time exposing yet again that your don't know what the f**k you're talking about.

Your every word exposed your ignorance of economics. No amount of backtracking from you can hide that certain fact.

[worm]

Oh, you mean like Liverpool plucked a number from the sky, and it was laughed at by Olly?

[worm]

Yes, they'll tell me I was mightily bad by getting just ONE word wrong by mis-naming the technical term, but also tell me that I have a great understanding of economics at all levels. Because that's what they've told me previously, and that's what I've displayed here.

Edited January 26, 2011 by worm

[eFestivals]

A bartering tactic. It's not plucked from the sky at all. It's considered and tactical and has a figure in mind.

yes it does have "a figure in mind" - the figure that Blackpool "laughed at".

You know - to fit what you said doesn't happen. "The figures aren't plucked from the Sky, as a bid for 50p or 500 Billion would be laughed at." PMSL

Why am I having to explain bartering methods to you. You're a big lad now.

Yes, big enough and smart enough to know that you're making up bollocks now to try and hide the fact that you got everything soooooo wrong.

Your every word exposed your ignorance of economics. No amount of backtracking from you can hide that certain fact.

[eFestivals]

I said you should present them with your theory of 'improper markets' so that someone with a background in economics could show you what's wrong with it, as well as a layman.

Well, the layman is you. That much is clear.

But "my" theory of improper markets is actually their own theory, and anyone with a background in economics (such as me, but very definitely not you) knows the theory has huige relevance to the operation of all markets, to the extent that the football transfer market does not operate in the way you stated it does.

Keep digging, I love these further displays of your gross ignorance.

Your every word exposes your ignorance of economics. No amount of backtracking from you can hide that certain fact.