Left Wing Club

[Ser Clegane]

I've taken micro and macro econ AP (advanced placement) classes and got a 4 and a 5 on the AP tests (out of 5).

Oh ... that surely puts you into the position to judge his understanding of economics.

Yes, but the flawed logic will correct itself. Those who judge company's worth correctly will be rewarded, those who don't won't have as much to spend next time, but will be wiser.

Not really - during the hightech-bubble time most money was actually made by incorrectly judging the values of companies - and being lucky enough that there were enough people to believe in the hype for a ,long enough type.


An extreme bust-to-boom (and vice-versa) economy and (at best) "correcting the flawed logic" after the damage has been done hardly has enything to do with "always fairly distributing the fruits".

I hope they teach you more than catchphrases in AP classes.