r/SubredditDrama • u/TimKaineAlt • Mar 18 '17

/r/badeconomics welcomes visitors

Timeline:

  1. /r/libertarian posts epic maymay

  2. /r/badeconomics keks

  3. Subject of /r/badeconomics post arrives to fight for honor. Said quest does not go well

  4. "we have a white population that is going extinct because our women dont have time for child making": Another visitor accidentally reveals power level

    (At some point, the badecon sub is linked to from /r/Shitstatistssay. )

  5. "It's the same problem as Ancaps, Fascists, Austrians, and Marxists: when you're so far off the deep end and in such flippant opposition to almost all academic consensus and basic reality the only real mechanism you have left to justify your ideology is to pretend that everyone is wrong and deluded and that your particular flavour of crazy is the one and only [right] way forward.": Two ancaps, an anarchist and a neoliberal (all self-described as such) fight back

  6. Non creative bottom of the comments section drama

58 Upvotes

96% Upvoted

72 comments sorted by

63

u/eonge Mar 18 '17

next to r/badphilosophy, people going into r/badeconomics is among my favorite drama.

85

u/7Architects Mar 18 '17

Watching a bunch of incredibly bitter grad students yell at an uniformed idiot is a lot of fun.

27

u/[deleted] Mar 18 '17

I don't know if it's more funny or sad.

58

u/7Architects Mar 18 '17

There is a tendency for cranks to be incredibly smug because they think they have discovered some secret truth in the world. Watching them get knocked down several pegs is incredibly gratifying.

0

u/[deleted] Mar 18 '17

27

u/7Architects Mar 18 '17

I was thinking about the ancap that was linked in the thread.

15

u/[deleted] Mar 18 '17

Well, fair enough. Ancaps & tankies tend to be the absolute worst for that shit.

14

u/piyochama Mar 18 '17

When it comes to economics, I'd say they're right - they aren't really judging morality but efficacy and utility.

You're coming at it from two very different angles. Of course you'd be outed as a crank, the topics you're talking about have nothing to do with economics

18

u/[deleted] Mar 18 '17

they aren't really judging morality but efficacy and utility.

Are you saying "efficacy and utility" have nothing to do with morality? You know utilitarianism is a branch of moral philosophy, right?

Like, heavy lol at hearing everyone say this shit and get mad at me, but come on.

11

u/Epistaxis Mar 18 '17

I don't think mainstream economists tend to view Marxism as an economic theory in the first place.

2

u/pariskovalofa Mar 20 '17

Yeah, academic economics is way closer to statistics than most people imagine it to be. What most people think "economics" is is more of a Public Policy degree.

44

u/[deleted] Mar 18 '17

one so dependent on philosophical axioms as economics

lol

43

u/DeterminismMorality Mar 18 '17

Literally every science, hard or soft, relies on philosophic assumptions. Every field of knowledge has to contend with ontology and epistemology.

9

u/cdstephens Mar 19 '17 edited Mar 19 '17

If someone disagrees with scientific consensus, unless they work in the scientific field yourself and are actively researching in the supposed topic, most of the time they are a crank and/or ignorant about the subject matter. Even if they happen to be correct in their conclusion the off chance that the broken clock is right, it'll most likely be for unjustified reasons. I mean this in the same sense that if someone claimed in the 1700s that everything in the universe can be described is a wave they'd be rightfully labeled a crank, even though in modern physics we know about wave particle duality. Meanwhile, if a modern economist had some non-mainstream ideas about economics, I'd give that a pass provided that they're an actual economist who's an expert in the subfield.

11

u/[deleted] Mar 19 '17

There is a vast difference between the scientific consensus of a field like physics and the scientific consensus of a social science where there are often multiple seriously competing camps with at least some data on their side. Values and axioms of moral philosophy come in far more strongly in the latter as well (although they are not free from the former).

That doesn't change the fact that most dissenters are probably wrong, but it also doesn't make one automatically wrong either. Assuming that any disagreement from the r/badeconomics line is always evidence of being a total fucking moron is itself evidence of being a total fucking moron.

0

u/mrpopenfresh Mar 19 '17

I think it's pretty good. No advanced training in either field, but I enjoy people who have more than a working knowledge in the field roll their eyes at people who have spent as much time on these subjects as they have, but in an incredibly inefficient and frankly wrong way.

11

u/meepmorp Mar 18 '17

incredibly bitter grad students

Multiply redundant.

2

u/[deleted] Mar 19 '17

What does a uniformed idiot look like? this?

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14

u/[deleted] Mar 18 '17

They're hardly as impressive if you actually study any econ. They're basically the ESS of economics with all that entails.

44

u/eonge Mar 18 '17

its pretty orthodox stuff, but I go for the snark.

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9

u/[deleted] Mar 18 '17

You know blog posts don't count as study, right?

24

u/[deleted] Mar 18 '17

I'm doing an economics PhD.

3

u/xudoxis Mar 20 '17

Here's an honest question apart from my shitposting elsewhere in this thread.

Have you learned anything that disagreed with what you thought before you started getting an advanced degree? Has anything there changed your mind about particular policy points?

1

u/TotesMessenger Mar 20 '17

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70

u/Felinomancy Mar 18 '17

Europe will be an islamic continent within a 100 years because of you geniuses

Ah, the perfidious halal monetary policy.

10

u/[deleted] Mar 18 '17 edited Mar 18 '17

And, because reality is beyond parody, there has actually been a halal banknote discussion.

https://www.crikey.com.au/2016/12/01/australias-cash-isnt-vegan-maybe-halal/

Edit: Woo! I just had to keep digging. There has also been a fatwa issued against paper currency.

http://www.bogvaerker.dk/fatwa.html

3

u/threehundredthousand Mar 21 '17

I have all my money tied up in shawarma, so this middle eastern takeover thing better happen soon or I'm fucked.

3

u/Felinomancy Mar 21 '17

money tied up in shawarma

You fool, you should've diversified in kebab and gyro as well.

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30

u/megapizzapocalypse Mar 18 '17

Two ancaps, an anarchist and a neoliberal (all self-described as such) fight back

This is a lovely sentence

26

u/JustHereToFFFFFFFUUU Mar 18 '17

i was surprised when it ended in "fight back" rather than "walk into a bar"

1

u/493 Mar 19 '17

I think I'm one of the ancaps mentioned here.

I'm a neoliberal ancap.

21

u/Goroman86 Mar 18 '17

Yes. Many countries with central banks run surpluses.

...

So countries with central banks don't run surpluses?

wat

I second this "wat"

5

u/[deleted] Mar 19 '17

The wat is thirded.

The motion carries.

39

u/CZall23 Mar 18 '17

What is with people and white people extinction? We're in no danger of going extinct. Get over it.

35

u/H37man Mar 18 '17

It's become unpopular to say you would prefer to kill all minorities. The nazis on that sub know it also. This is why they go with the whole white genocide argument.

9

u/[deleted] Mar 19 '17

You just connect a lot of dots in my head regarding the "white extinction" mythos.

Thanks!

1

u/pariskovalofa Mar 20 '17

BUT MUH SEXY REDHEADS

14

u/[deleted] Mar 19 '17

"we have a white population that is going extinct because our women dont have time for child making"

Oh you're just a nazi. I see.

I've seen very similar phrasing in YouTube comments recently too. Did InfoWars or Brietbart make up a story or something? What is their obsession with birth rates?

I was recently told Ireland (a country 95% white) will see Muslims be a majority by 2050.

7

u/khanfusion Mar 19 '17

Greatest sequence of "wtf are you illiterate" I've seen today.

you can be a libertarian without being a stupid libertarian

So a smart libertarian would be left-wing and pro-tax?

No, what in the world would make you think that? A smart libertarian wouldn't say that the federal reserve is responsible for high levels of debt

One of the biggest centralized authority in the world is not responsible for high levels of debt. Got it.

Yes. Many countries with central banks run surpluses. That's a fact.

But I thought "a smart libertarian wouldn't say that the federal reserve is responsible for high levels of debt".

Yes. I just gave an example of why that would be a dumb thing to say.

So countries with central banks don't run surpluses?

1

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0

u/wightjilt Mar 20 '17

Power level: nazi sympathizer