MichaelBishop comments on Open Thread June 2010, Part 3 - Less Wrong

6 Post author: Kevin 14 June 2010 06:14AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (606)

You are viewing a single comment's thread. Show more comments above.

Comment author: MichaelBishop 17 June 2010 09:42:13PM *  0 points [-]

We were asked a sort of odd question which was which apartment choice would help the economy when not taking into account the individuals preferences about apartments. Those preferences in fact dominate the overall effect on the economy. I wouldn't recommend anyone personally attempting Keynesian stimulus.

Increasing the amount of money changing hands only helps in certain circumstances, and even then it is not necessarily the dominant effect.

What about the examples of intelligent stimulus I offered?