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Comment Re:Economists (Score 1) 778

inflation is expansion of the money supply

Let's take this one example. In Macroeconomics 101, there is the formula: MV = PY

M = money supply, V = velocity of money, P = price level, Y = real GDP

So an increase in P (inflation) could be many things, not just an expansion of M (money supply). Even your knowledge of the model is wrong. How much more so your understanding that reality demands more complex models as the reality you're investigating is more complex.

Comment Re:Oblig. StarWars (Score 1) 89

Makes as much sense as Lucas's claim that the robots flying around on Mustafar in Revenge of the Sith are "energy collectors", collecting energy from the lava. Because they are hot, I guess. So you want to collect ... the lava because it is hot.

Comment Re:Genetics and heritability are not the same (Score 1) 157

For an associate professor, you're not so good with explaining concepts. What you need is an example of genetic variance in a population of sheep and an example of environmental variance, that fits with ordinary reality. As the influence of environmental variance approaches zero, the additional nuance of the environment's influence on genetic variation is insignificant.

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