terça-feira, 2 de julho de 2013

Can an Unicamper learn economics?

They are at least creative people. Today's piece in The Value has a nice title: "Austericidio Fiscal"

An Unicamper always begins by saying that the high interest rates and appreciated currency from the last decade fucked up the brazilian economy. I am not sure if they are aware of this, but the BRL has floated freely in the last decade. Are they sad that people were lifted out of poverty because of commodities and not industrial prowess?

Were real interest rates too high? Let me ask the Unicampers this: was the inflation rate too low in the last decade? No. Oh, but then in what sense was the Selic too high?

To their main point since I am short of time and angry today: they argue austerity now would hurt the economy. Unicampers, do you know what is the current inflation rate in Brazil? Do you know that expansionary fiscal policy coupled with a tightening monetary policy lead to undesirably high interest rates, or you dont study IS/LM at Unicamp?

Oh, yes, I want more public investment too. But do you know this has to be financed out of distortionary taxation that adversely affects private investment? Advocate smaller government consumption and greater public investment ! Or at Unicamp you are not taught what a budget constraint is? I would love to live in a constraint-free world too...

You probably think we lack aggregate demand, right? This is the magic trick: lack of demand! Take a look at the external accounts, boys, before ever saying that again, ok?

Was my title creative too?

17 comentários:

  1. Vamo, vamo, vamo quebrá tudo !

    ResponderExcluir
  2. cadê a foto de capa??

    ResponderExcluir
  3. "esse pessoal são analfabetos"... hum...

    ResponderExcluir
  4. É que essa galera da Usp só sabe escrever em inglês!

    ResponderExcluir
  5. concordancia ideologica em esse pessoal sao analfabetos...vai estudar

    ResponderExcluir
  6. Marco pq vc me manda esses posts? Sabe que eu critico USPianos, ITAtibenses e Unicampeiros. Minha escola econômica é Sistema-Mundo, ninguém me entende e eu não entendo ninguém. Assinado: Ex-LCA, Ex-BTG, Ex-Qualquer coisa

    ResponderExcluir
  7. acho um absurdo essa critica hipocrita keynesiana enquanto que a verdadeira teoria economica eh a austriaca

    ResponderExcluir
  8. Esse ex-LCA, ex-BTG pra mim e um capitalista trouxa que tem uma visao modal de Sistema-Mundo

    ResponderExcluir
  9. Dear bro Econ X,

    Yes, your title was damn creative!
    You already know my opinion on the "Economics" taught at Unicamp, so I'll just say who are those morons that wrote today in Valor.

    1. Bastos is the worst kind of economic historian. He is not respected among his pairs exactly because of his ideological-radical approach to the Vargas period, claiming that State intervention on the economy was the only key to explain economic growth. I can tell you that the only morons respecting him on seminars are his students from Unicamp or cock-suckers from its branch in Rio, the UFRJ.

    2. I have no opinion about Rossi, although a quick view on his Lattes tells us what every single Unicamper has to have in order to succeed in Campinas: no relevant publication record.

    3. Mello is the worst one. He has zero credibility and is completely linked to the PT foundation, the Fundação Perseu Abramo (whose president is Marcio Pokemon). If you have some life time to waste, please take a look at the interview he and Jorge Mattoso (former president of C.E.F fired after the Palocci scandal) did with ASNO AUGUSTIN for "Boletim FPA". Warning: you may become even more angry with Unicampers than I am!!!

    Best,
    A.U.A. (ANTI-UNICAMPERS ANONYMOUS).

    ResponderExcluir
    Respostas
    1. Man, what a record! Illuminating information
      Best,
      X

      Excluir
  10. Vamos mudar de Assunto, Economista X e Antoninho, vocês já leram a obra do Keynes ? " A Teoria Geral do Emprego, do Juro e da Moeda "


    Me parece apenas um caso muito específico onde a produção se comporta como tecnologias de leontief e os preços são rígidos. Não sei se Keynes se confundiu ou desconhecia a substituição Capital - Trabalho .....

    ResponderExcluir
    Respostas
    1. Melhor ler o Roger Farmer

      http://www.rogerfarmer.com/

      Excluir
  11. I think a (não é an, mas a)unicamper can indeed learn economics. Take a look at Otaviano Canuto...

    ResponderExcluir
    Respostas
    1. Oh, pardon my poor english

      Excluir
    2. Don't worry. Everyone can teach and learn.

      Excluir
  12. E isto?:

    http://www.nydailynews.com/new-york/ex-nyu-professor-arrested-stalking-citigroup-chief-economist-article-1.1388739

    ResponderExcluir
  13. Por falar em unicampers, passou batido no blog isso:
    "Defendo a imediata suspensão da emissão de títulos para saldar o déficit fiscal, passando o Tesouro Nacional a demandar ao Banco Central a emissão monetária para isso, como vem fazendo os Estados Unidos, Europa e Japão, entre outros países, que estão injetando liquidez em suas economias para desvalorizar suas moedas e, assim, ganhar musculatura para competir no mercado externo"
    Amir Khair, no Estadão

    ResponderExcluir