tag:blogger.com,1999:blog-11906042.post3373589969503137357..comments2024-03-29T10:51:27.752+13:00Comments on Not PC: The failing policies of the presentPeter Cresswellhttp://www.blogger.com/profile/10699845031503699181noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-11906042.post-85503716902241363732008-03-21T20:50:00.000+13:002008-03-21T20:50:00.000+13:00PC, I would like to emphasize the quote from Ludwi...PC, I would like to emphasize the quote from <A HREF="http://www.mises.org/efandi/ch23.asp" REL="nofollow">Ludwig von Mises</A> which you happily used in dismissing quantitative economics from the other thread on "<A HREF="http://pc.blogspot.com/2008/03/when-economists-make-predictions-walk.html" REL="nofollow"> When economists make predictions, just walk away ...</A>", which I have cut & re-pasted below: <BR/><BR/>Ludwig von Mises :<BR/><I><B>Economic prediction can never disclose anything about the quantitative relations concerned. There is not, and there cannot be such a thing as quantitative economics ...</B></I><BR/><BR/>In fact, my <I>toilet cleaner</I> who again alerted Falafulu, saying that PC shouldn't have posted, on this very thread, about the subject of economic <A HREF="http://en.wikipedia.org/wiki/Multifactor_productivity" REL="nofollow">Multifactor Productivity</A>. <BR/><BR/>I asked my intelligent toilet cleaner why, and he said, that Ludwig von Mises, would have surely dismiss economic Multifactor Productivity because it is quantitative. Ludwig von Mises said as that economic is a discipline that can't be quantitative. I said to my intelligent toilet cleaner, but sure that the equation for economic Multifactor Productivity (see wikipedia link above) is only qualitative and not quantitative which is perfectly in accords with Ludwig von Mises' definition that economic is only qualitative.<BR/><BR/>His reply was, <B>NO</B>. The equation for economic Multifactor Productivity is in fact <B>quantitative</B> and anyone who is going to argue otherwise, must be ignorant & disingenuous.<BR/><BR/>After this second tip from my intelligent toilet cleaner, I would like to ask a question to PC & LGM, (<I>which they both seem to me that anything and everything in this world that are non-Mises, non-Reishman or non-AynRand must be completely dismissed, no ifs, no butts</I>) if the point raised by my toilet cleaner that <I>economic Multifactor Productivity</I> is in fact a quantitative concept or not?<BR/><BR/>If in fact that the toilet cleaner is right, then perhaps PC could delete those paragraphs that covered or mentioned <I>economic Multifactor Productivity</I>, since Von Mises wouldn't have approved the concept because it is quantitative and not qualitative.<BR/><BR/>And another one point goes to the toilet cleaner (never read Mises in whole life) who tipped Falafulu about the self-contradiction made by PC (and of course silently by LGM , since he hasn't picked it up yet) and zero point goes to PC and LGM.<BR/><BR/>Now, the total score is :<BR/>-------------------------<BR/>Intelligent toilet cleaner : 2<BR/>LGM and PC : 0<BR/><BR/><BR/>Yeeha, bring it on folks.Anonymousnoreply@blogger.com