Comments on: Book Review: Supercycles http://blog.canadian-dream-free-at-45.com/2010/04/21/book-review-supercycles/ Wed, 08 Feb 2012 17:31:40 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Lateef http://blog.canadian-dream-free-at-45.com/2010/04/21/book-review-supercycles/comment-page-1/#comment-42925 Lateef Wed, 28 Apr 2010 23:01:33 +0000 http://blog.canadian-dream-free-at-45.com/?p=1570#comment-42925 I'll definitely check it out. I’ll definitely check it out.

]]> By: Financial Student http://blog.canadian-dream-free-at-45.com/2010/04/21/book-review-supercycles/comment-page-1/#comment-42827 Financial Student Mon, 26 Apr 2010 20:31:22 +0000 http://blog.canadian-dream-free-at-45.com/?p=1570#comment-42827 Having studied both Micro and Macro Economics, I think it would be an interesting read. I do think Economics has many practical application that are put into use. However, like you said they're not predictable, so the applications need to be reactive. It's the central banks mission to keep the inflation rate at 2% +/- 1% and they've been doing a great job of that since that goal was given. I agree with Robert about the Econometrics failing. I also believe people are all working for their own self-interest. Economics is the study of this behaviour and whether we recognize that or not doesn't change the reality. We buy stuff because we want it, not to give someone a job. We donate time/money because it makes us feel better about ourselves. We're nice to our friends because we'd lose them otherwise. Just because we're self-centered doesn't mean we're not going to help others. That was Adam Smiths (economic pioneer) point. Having studied both Micro and Macro Economics, I think it would be an interesting read. I do think Economics has many practical application that are put into use. However, like you said they’re not predictable, so the applications need to be reactive. It’s the central banks mission to keep the inflation rate at 2% +/- 1% and they’ve been doing a great job of that since that goal was given.

I agree with Robert about the Econometrics failing. I also believe people are all working for their own self-interest. Economics is the study of this behaviour and whether we recognize that or not doesn’t change the reality.

We buy stuff because we want it, not to give someone a job. We donate time/money because it makes us feel better about ourselves. We’re nice to our friends because we’d lose them otherwise. Just because we’re self-centered doesn’t mean we’re not going to help others. That was Adam Smiths (economic pioneer) point.

]]> By: Patrick http://blog.canadian-dream-free-at-45.com/2010/04/21/book-review-supercycles/comment-page-1/#comment-42826 Patrick Mon, 26 Apr 2010 19:10:00 +0000 http://blog.canadian-dream-free-at-45.com/?p=1570#comment-42826 I would be interested to compare the supercycles with the waves compcet, so count me in for the contest. I would be interested to compare the supercycles with the waves compcet, so count me in for the contest.

]]> By: Michele http://blog.canadian-dream-free-at-45.com/2010/04/21/book-review-supercycles/comment-page-1/#comment-42824 Michele Mon, 26 Apr 2010 18:37:36 +0000 http://blog.canadian-dream-free-at-45.com/?p=1570#comment-42824 I have about 40 people I share my financial resource materials with, and this would be a welcome addition to the library! I have about 40 people I share my financial resource materials with, and this would be a welcome addition to the library!

]]> By: Paul http://blog.canadian-dream-free-at-45.com/2010/04/21/book-review-supercycles/comment-page-1/#comment-42713 Paul Thu, 22 Apr 2010 20:20:58 +0000 http://blog.canadian-dream-free-at-45.com/?p=1570#comment-42713 Count me in! Count me in!

]]> By: Nathan http://blog.canadian-dream-free-at-45.com/2010/04/21/book-review-supercycles/comment-page-1/#comment-42706 Nathan Thu, 22 Apr 2010 18:16:37 +0000 http://blog.canadian-dream-free-at-45.com/?p=1570#comment-42706 Contests are fun. Contests are fun.

]]> By: Ben http://blog.canadian-dream-free-at-45.com/2010/04/21/book-review-supercycles/comment-page-1/#comment-42697 Ben Thu, 22 Apr 2010 12:10:52 +0000 http://blog.canadian-dream-free-at-45.com/?p=1570#comment-42697 Sounds like a good read. Sounds like a good read.

]]> By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2010/04/21/book-review-supercycles/comment-page-1/#comment-42696 Canadian Dream Thu, 22 Apr 2010 11:46:24 +0000 http://blog.canadian-dream-free-at-45.com/?p=1570#comment-42696 @ Robert, "If all the author was trying to say, however, was that economics should have a practical application" Yes that is what the author was getting at, sorry I didn't make that clear in my review. Tim @ Robert,

“If all the author was trying to say, however, was that economics should have a practical application” Yes that is what the author was getting at, sorry I didn’t make that clear in my review.

Tim

]]> By: TR http://blog.canadian-dream-free-at-45.com/2010/04/21/book-review-supercycles/comment-page-1/#comment-42681 TR Thu, 22 Apr 2010 01:55:05 +0000 http://blog.canadian-dream-free-at-45.com/?p=1570#comment-42681 Thanks for the giveaway. Thanks for the giveaway.

]]> By: Lyne http://blog.canadian-dream-free-at-45.com/2010/04/21/book-review-supercycles/comment-page-1/#comment-42680 Lyne Thu, 22 Apr 2010 01:30:07 +0000 http://blog.canadian-dream-free-at-45.com/?p=1570#comment-42680 Thanks for the review and the opportunity! Thanks for the review and the opportunity!

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