Re-thinking Ireland's strategic relationship with Britain | 50 comments (50 topical, editorial, 0 hidden)

Re: Re-thinking Ireland's strategic relationships (none / 0)

Seems to contradict you comment that World War II was an outlier.

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Fri Jul 13th, 2012 at 06:38:37 AM EST
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Re: Re-thinking Ireland's strategic relationships (none / 0)

It was, in the same sense that the peak-to-trough part of the business cycle is an outlier.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Jul 13th, 2012 at 06:52:04 AM EST
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Re: Re-thinking Ireland's strategic relationships (none / 0)

How can it be an outlier if it is an integral part of the business cycle? Does the very term cycle not imply that it is not an outlier but part of the expected variation?

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Fri Jul 13th, 2012 at 07:04:09 AM EST
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Re: Re-thinking Ireland's strategic relationships (none / 0)

Yes. It's a quip about how lazy econometrics can give misleading results.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Jul 13th, 2012 at 07:16:15 AM EST
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Re: Re-thinking Ireland's strategic relationships (none / 0)

Precisely, that comment of mine was intended to put your argument on "historical perspective" in perspective.

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa

by Migeru (migeru at eurotrib dot com) on Fri Jul 13th, 2012 at 07:27:41 AM EST
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Re-thinking Ireland's strategic relationship with Britain | 50 comments (50 topical, 0 editorial, 0 hidden)