So what's he got that's so much better, in your opinion, than my B.Sc in Econ and BA -- with specialization in econometrics -- from Uppsala University, 1992? A Master's, perhaps? I wasn't too far off from that myself either, what with the extra courses I took, beyond the requirements for a Bachelor's, if that's any help... (What economics exam did you take, BeeP, and where and when?)[Quoting me:] I do wish you wouldn't pontificate with such absolute self-confidence on economics -- it really doesn't seem to be justified.When BP tells me shut up, I'll hush. In the meantime, I'll keep on being self-confident. :)
Why should you doubt my word on shit like this in the first place, Addison, considering it's exactly this kind of shit that I've studied full-time (before you say it: from mostly American textbooks, so I'm not indoctrinated in some weird special kind of pseudo-Soviet Swedish Economics...) for far too many years -- which, AFAICT, you haven't?
Oh, and either I'm reading you wrong, or your "0 elasticity, everything's interchangeable" and "The more elastic things are, the more interchangable ... The less elastic, the less interchangeable" seem to imply you think elasticity is somehow synonymous with interchangeability. That's a new one to me... Any input, BeeP?
(ObPrescientLRPD: "(It's only a model...) SHHHH!")