Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
BldSwtTrs
on 20/09/2015, 21:08:25 UTC
Europe's population is much higher now than it was then before the Black Death, so there wasn't any Malthusian check.

Europe's population right after the Black Death was much lower than before, so there was a Malthusian check.

Ahem. Do you not see your error in logic?

Mathusians claim the natural resources can't support a greater population. Yet the population is now higher than it was and we are not mining resources from outside planet Earth.
Europe escape the Malthusian trap some times before the Industrial Revolution. Nobody is claiming that Europe is still under Malthusian constraints. Hone your reading skills before worrying about my logic skills.
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Please I am not going to respond any more to people who have such poor logic skills that I will end up in noisy nonsense.
Yeah focus on something where you  actually have a clue like coding or computer sciences.
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The resource problems are always due to Coasian barriers (to human innovation and expansion of the entropy in the human economy) and there has never been and never will be a Malthusian point of truth. I wrote an essay about this:
I don't think you understand why I bring Malthus in the discussion. But whatever.

No need to insult me in MP as I don't care about what you think of me. But I am shocked someone of your gorgeous intellect (Cheesy) can be as petty as that.

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I already explained that the owners of farms had no incentive to industrialize because labor was too plentiful before the Black Death and thus it was cheaper to use labor than to use any hypothetical industrialization or technical improvement (that couldn't have existed otherwise).
That's a nice story. That's a shame real wages fell in the aftermath of Black Death  Cheesy

https://mpra.ub.uni-muenchen.de/15748/

Reread my point on real wages and in the process learn some economics: Real wages are 100% determined by the labor productivity over the long run.

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I don't have time to teach someone of your intellectual handicap right now. Sorry.
Nooooooooooooo. Please, please teach me grand master!