(no subject)
I'm supremely bored at the moment. I have to read this book called Stocks In the Long Run for my Sophomore College class, which, when not featuring the occasional stupid assumption or philsophical error, is filled with laundry lis upon laundry list of facts, with only sparse grains of analysis in sight. Half of the pages are dominated by graphs and charts which seem to be only tangentially related to the actual topic; I'm reading right now about the last fifty or a hundred times that the stock market moved or didn't move a lot, and why or why not this was important. The book tells me about every recession in the last 100 years without any theoretical attempt at explaining why such recessions occured (except to attribute it to an unexplained business cycle). It gives lists of how the stock market performed under each Democratic and Republican president since Grover Cleveland, as if ideology has remained constant for the last century and a quarter. Its barrages of data are matched only by its scintillating prose, with phrases like "If the war in Vietnam was the longest American war, the Gulf War against Iraq was the shortest," and "Stocks are exciting." Keine scheisse, Sherlock.
In short, I feel as if I have descended into a hell designed especially for accountants and econometricians (statistical economists). And I'm only on page 227 of 384.
In short, I feel as if I have descended into a hell designed especially for accountants and econometricians (statistical economists). And I'm only on page 227 of 384.