Unemployment has nothing to do with being out of work.

[bobevenson]

I am discussing a theoretical economic framework that is apparently outside your sphere of comprehension. Obviously, PVP is an abstract value that can only be inferred. On the other hand, AVP is considerably easier to calculate. My point is that "unemployment" is only meaningful in terms of AVP coming up short of PVP.

[FlashDangerpants]

What is the value of your immeasurable unemployment measurement then?

[bobevenson]

What is the value of your immeasurable unemployment measurement then?

How about that it proves my contention that unemployment has nothing to do with being out of work?

[FlashDangerpants]

It doesn't though. You are just using one measure of underutilisation in place of another. And you aren't even doing that well.

You aren't accounting for underutilisation of human capabilities through lack of education and countless other things that are utterly indeterminable. You aren't accounting for underutilisation of capital though misallocation. Nor for misallocation of credit. Or worse, you assigning one number for everything and pretending that is useful in some way.

And if you try to cover malinvestment - quite apart from the pointlessness of expressing all of that in one number, you have selected a fixed unit of time which is effectively 'now'. And of course, in the context of investment, that is exactly the wrong time to be counting.

So no. You've done very badly. You have been lazy and stupid.

[Arising_uk]

If it did, the government could end unemployment immediately by giving all unemployed workers cushy government consulting jobs.

'God' almighty you ARE a goldfish.

Do you save these and then just copy and repost them months later when you think they've been forgotten or is it just that you have the memory of a goldfish?

[bobevenson]

If it did, the government could end unemployment immediately by giving all unemployed workers cushy government consulting jobs.

'God' almighty you ARE a goldfish. Do you save these and then just copy and repost them months later when you think they've been forgotten or is it just that you have the memory of a goldfish?

It's necessary for dimwitted people like you who need to be hit in the head with a sledgehammer multiple times for anything at all to sink in, and even then, the chance for success is remote and virtually nil.

[Arising_uk]

It's necessary for dimwitted people like you who need to be hit in the head with a sledgehammer multiple times for anything at all to sink in, and even then, the chance for success is remote and virtually nil.

You'd have to say something cogent first. LOOOONNNIEEE!!!!

[bobevenson]

As a divinely inspired prophet of all things spiritual, political and economic, I am obviously being subjected to a mystical test of some kind.

[Arising_uk]

As a divinely inspired prophet of all things spiritual, political and economic, I am obviously being subjected to a mystical test of some kind.

BARKING LOOONNNIIIEEE!!!!

[bobevenson]

As a divinely inspired prophet of all things spiritual, political and economic, I am obviously being subjected to a mystical test of some kind.

BARKING LOOONNNIIIEEE!!!!

Suspicions confirmed.

[Arising_uk]

That's right bob, it's all a mystical test set by 'satan' to see if you are a loony nutter and you've passed with flying colours.

(When the fuck are we going to ban this idiot!?)

[FlashDangerpants]

As a divinely inspired prophet of all things spiritual, political and economic, I am obviously being subjected to a mystical test of some kind.

God sent me to test whether you can think your way through a tricky question.
I will report back that you just panic and fail.

[bobevenson]

When the fuck are we going to ban this idiot!?

I've got a better idea, when the fuck are you going to drop dead?

[Arising_uk]

The day the AEP wins an election or the day your game sells or the day you take your medication.

[bobevenson]

The day the AEP wins an election or the day your game sells or the day you take your medication.

I'd take you up on that sucker bet, but you'd renege.