\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Admit, waitlist or deny this Yale 250?

It can be easy to mistake positive economics for a science w...
Medicated quadroon brunch
  07/22/18
Admit!
odious canary library
  07/22/18
...
salmon internet-worthy tanning salon place of business
  07/22/18
Lmao
iridescent juggernaut antidepressant drug
  07/22/18
I know right. Huh? What did he just say?
Beta lay personal credit line
  07/22/18
He invented a fake scenario then suggests economics ought to...
iridescent juggernaut antidepressant drug
  07/22/18
not only should is this an obvious deny, this fag's econ deg...
Beady-eyed corn cake
  07/22/18
i took the LSAT 8 years ago but this gave me flashbacks of a...
passionate affirmative action lodge
  07/22/18
...
Medicated quadroon brunch
  07/22/18
...
Medicated quadroon brunch
  07/22/18
LJL
Big point sandwich
  07/22/18
That's a ding even for a Cooley 250
bright heady office hissy fit
  07/22/18
...
Purple University Toilet Seat
  07/22/18
...
Medicated quadroon brunch
  07/22/18


Poast new message in this thread



Reply Favorite

Date: July 22nd, 2018 12:05 AM
Author: Medicated quadroon brunch

It can be easy to mistake positive economics for a science without values. Its language is mathematics and a formula does not declare if the phenomena it describes is good or bad. However, there is a difference between describing rates of spending or economic growth and attempting to quantify something like human development which is composed of more than just strict economic factors.

On its face, the Human Development Index (HDI) is, like the Gini Index or Consumer Price Index, a silent formula, but closer inspection reveals that value judgements can be written in the language of mathematics.

A country’s HDI is found by taking the geometric mean of three scaled indicators: income per capita, life expectancy, and education. The HDI’s method of aggregating these indicators allows improvements in one indicator to compensate for a decline in another. This substitutability implies that a reduction in life expectancy can be justified by economic growth and also allows the monetary value of human life to be calculated. Doing this calculation makes the troubling suggestion that human life is worth less in poorer countries.

All of this is implicit in the formula’s construction.

Yet, this is not necessarily a flaw in economics or the math that underlies its concepts. In fact, the ability to express a value judgement in a formula is a powerful tool. However, in order to use it responsibly, implicit judgments must be made explicit lest the formula be allowed to dictate our values rather than the other way around.

(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36473443)



Reply Favorite

Date: July 22nd, 2018 12:06 AM
Author: odious canary library

Admit!

(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36473446)



Reply Favorite

Date: July 22nd, 2018 5:41 PM
Author: salmon internet-worthy tanning salon place of business



(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36476453)



Reply Favorite

Date: July 22nd, 2018 12:09 AM
Author: iridescent juggernaut antidepressant drug

Lmao

(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36473455)



Reply Favorite

Date: July 22nd, 2018 12:10 AM
Author: Beta lay personal credit line

I know right. Huh? What did he just say?

(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36473465)



Reply Favorite

Date: July 22nd, 2018 12:15 AM
Author: iridescent juggernaut antidepressant drug

He invented a fake scenario then suggests economics ought to thereby become radically shitlib because hey it's already inherently normative which means literally anything goes utopia tomorrow or violence.

(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36473478)



Reply Favorite

Date: July 22nd, 2018 12:39 AM
Author: Beady-eyed corn cake

not only should is this an obvious deny, this fag's econ degree should be revoked

nobody is making policy decisions around this retarded index

(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36473547)



Reply Favorite

Date: July 22nd, 2018 12:41 AM
Author: passionate affirmative action lodge

i took the LSAT 8 years ago but this gave me flashbacks of a long logical reasoning prompt. still not really sure what this was even about.

(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36473555)



Reply Favorite

Date: July 22nd, 2018 10:38 AM
Author: Medicated quadroon brunch



(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36474248)



Reply Favorite

Date: July 22nd, 2018 2:48 PM
Author: Medicated quadroon brunch



(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36475496)



Reply Favorite

Date: July 22nd, 2018 2:55 PM
Author: Big point sandwich

LJL

(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36475535)



Reply Favorite

Date: July 22nd, 2018 4:04 PM
Author: bright heady office hissy fit

That's a ding even for a Cooley 250

(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36475890)



Reply Favorite

Date: July 22nd, 2018 4:07 PM
Author: Purple University Toilet Seat



(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36475898)



Reply Favorite

Date: July 22nd, 2018 5:26 PM
Author: Medicated quadroon brunch



(http://www.autoadmit.com/thread.php?thread_id=4032005&forum_id=2#36476356)