Author Topic: The Dunning-Kruger effect  (Read 3018 times)

Offline punatic

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Re: The Dunning-Kruger effect
« Reply #15 on: September 30, 2012, 12:12:22 PM »
The real estate component of QE III is just cover for the underlying devaluation ("quantitative easing") of the US dollar.
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Offline nateo

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Re: The Dunning-Kruger effect
« Reply #16 on: September 30, 2012, 12:14:39 PM »
BFI - It's KrugMAN, not Kruger. You have no idea what the man's name is, but you're confident he's wrong. That's why it's a beautiful example of the Dunning-Kruger effect. It's a heady mix of ignorance, confidence, belligerence, and arrogance.
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Offline punatic

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Re: The Dunning-Kruger effect
« Reply #17 on: September 30, 2012, 12:15:43 PM »
You're on a roll today Nate.  Someone piss in your Wheaties this morning?   ;)
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Offline nateo

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Re: The Dunning-Kruger effect
« Reply #18 on: September 30, 2012, 12:17:10 PM »
When I was a little kid, everyone told me to just "be myself." It turns out, in my heart of hearts, I'm a raging asshole.
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Offline punatic

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Re: The Dunning-Kruger effect
« Reply #19 on: September 30, 2012, 12:18:58 PM »
Oh, but hey, it looks good on you...   :o
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Offline The Professor

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Re: The Dunning-Kruger effect
« Reply #20 on: September 30, 2012, 05:25:39 PM »
Is this the same Kruger responsible for current US economic policy by which the stupid Keynesians got it in their heads that they can keep the economy running hot forever by continuing to tweak knobs on all the bubbles so they never pop?  (QE3 is an attempt to re-inflate the already busted housing bubble)

No, that was someone else, but you've beautifully demonstrated this effect.

LOL.  Gotta love that one.

I sailed to England on the QE 2 once.  :o
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Offline bluefoxicy

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Re: The Dunning-Kruger effect
« Reply #21 on: September 30, 2012, 07:00:29 PM »
Is this the same Kruger responsible for current US economic policy by which the stupid Keynesians got it in their heads that they can keep the economy running hot forever by continuing to tweak knobs on all the bubbles so they never pop?  (QE3 is an attempt to re-inflate the already busted housing bubble)

No, that was someone else, but you've beautifully demonstrated this effect.

LOL.  Gotta love that one.


That was rather well played, and enlightening.

Of course, such things only increase my relative knowledge of topics, so no matter.

Offline nateo

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Re: The Dunning-Kruger effect
« Reply #22 on: September 30, 2012, 07:17:21 PM »
In der Kürze liegt die Würze.

Offline Thirsty_Monk

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Re: The Dunning-Kruger effect
« Reply #23 on: October 08, 2012, 04:07:35 PM »
When I was a little kid, everyone told me to just "be myself." It turns out, in my heart of hearts, I'm a raging asshole.
Made me laugh.
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