Wikipedia talk:WikiProject Economics: Difference between revisions
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[[Wikipedia:Reliable_sources/Noticeboard#Is_the_Fed_a_reliable_source|here]] [[User:Cretog8|C<small>RETOG</small>8]]([[User_talk:Cretog8|t]]/[[Special:Contributions/Cretog8|c]]) 21:40, 3 October 2010 (UTC) |
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== Subject regarding Intangible Goods... == |
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Good Day |
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After much reading and re-reading it has been brought to my attention that an "intangible-good" is quite possibly an oxy-moron. These texts refer to both a service(intangible) and a physical "good"....it has to be more defined than this, for sure. I think it could go into more detail and define "tangibility" to being created as opposed to transferred....just a thought..or maybe create a "service good"<ref></ref>.. I have notice a small confusion in all three of these articles: |
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1. |
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In economics and accounting, a good is a product that can be used to satisfy some desire or need. More narrowly but commonly, '''a good is a tangible physical product that can be contrasted with a service which is intangible'''. As such, it is capable of being delivered to a purchaser and involves the transfer of ownership from seller to customer. For example, an apple is a tangible good, as opposed to a haircut, which is an (intangible) service. One usage that preserves the distinction between goods and services by including both is commodity. In microeconomics, a 'good' is often used in this inclusive sense of the word (Milgate, 1987). |
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2. |
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The service sector consists of the "soft" parts of the economy, i.e. activities where people offer their knowledge and time to improve productivity, performance, potential, and sustainability. The basic characteristic of this sector is the production of services instead of end products. '''Services (also known as "intangible goods") include attention, advice, experience, and discussion'''. The production of information is generally also regarded as a service, but some economists now attribute it to a fourth sector, the quaternary sector. |
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3. |
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An intangible good is a good that is intangible, meaning that it can not be touched, as opposed to a physical good. In an increasingly digitized world, intangible goods play a more and more important role in the economy. Virtually anything that is in a digital form and deliverable on the Internet can be considered an intangible good. A piece of music, a picture, or an article downloaded from the Internet are all examples of intangible goods. '''In ordinary sense, an intangible good should not be confused with a service since a good is an object whereas a service is a labor'''. So a haircut is a service, not an intangible good. |
Revision as of 03:51, 19 October 2010
This is the talk page for discussing WikiProject Economics and anything related to its purposes and tasks. |
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Archives: Index, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 |
Template:Outline of knowledge coverage
Community property
Please see Talk:Community property (a disambiguation page) for a discussion of whether there is a primary topic for this term; and if so, whether it is Community property (marriage) or Public property. 20:01, 1 April 2010 (UTC)
Old merge proposal
Hello there, I am working though Category:Articles to be merged from November 2007 and I've got to Edgeworth's limit theorem and Edgeworth conjecture. Since my knowledge of economics extends to knowing if I've got the right change, could somebody here determine if this is a valid merge proposal? If it isn't, the merge tags can go. Thanks. Totnesmartin (talk) 21:01, 7 April 2010 (UTC)
- I don't think the two should be merged. CRGreathouse (t | c) 23:08, 7 April 2010 (UTC)
- Me neither. Gary King (talk) 00:09, 8 April 2010 (UTC)
- Cheers guys! Totnesmartin (talk) 20:42, 9 April 2010 (UTC)
- Me neither. Gary King (talk) 00:09, 8 April 2010 (UTC)
Missing economics topics
I've updated my list of missing economics topics - Skysmith (talk) 13:42, 8 April 2010 (UTC)
Inflation
I recently went through the Talk:Inflation discussions on how the word should be defined. I understand the controversy and am not questioning either definition. I'm wondering however if the integrity of the article is hindered by not specifying in the intro definition the two major phenomena to which the word itself is used to refer. I was told by one user that doing so and simply mentioning the fact that the implied meaning of the word has changed over time would give "undue" weight to the view of one school of thought over others. I really don't see how this is so.
When there are two separate, specifying terms, each with their own distinguishing adjective (i.e. price inflation and monetary inflation) would it not make sense to clarify and address both of those terms in the opening introduction of an article simply titled "Inflation"? By looking through the discussions, the fact that this has become as big of an issue as it is seems to be more or less a (for lack of a better term) "partisan" 'my school is right and your school is wrong' argument.
I'm not suggesting changing the course of the intro or anything else about the article...I'm just wondering, if the goal here is to educate and disseminate information effectively, why should we intentionally leave out such a vital distinction in the article introduction and definition? --JohnDoe0007 (talk) 13:08, 12 April 2010 (UTC)
- The first section of the article (after the introduction) begins immediately by describing how the meaning of the word has changed. --Rinconsoleao (talk) 10:38, 14 April 2010 (UTC)
I know, I wrote the first paragraph. My concern is really the fact that the word is defined in the first sentence of the article, and the introduction and contents box are long enough to shove even that first section well out of sight...and while I think it's certainly appropriate to leave all the details concerning the history of the word in its separate section, I'm wondering if in actually defining the word, a simple mention of the fact that the definition has changed constitutes "undue weight" for a specific school of thought. I don't really see how that is the case.
And on top of that, I believe that a mention of the fact the very definition of the word has completely changed is important to the reader's core understanding of the subject, and would therefore be appropriate to include in the introduction...more specifically directly following, if not part of, the opening definition. What does everyone here think? --JohnDoe0007 (talk) 09:21, 15 April 2010 (UTC)
Hey all.
It's clear from this talk page that they are lots of skilled economists here on Wikipedia. I'm not one of them, but I am conversant in all thing Wikipedia, and I'd love to be able to help support the actual economists. Together, I reckon we can work out the future direction of this project, how best it can operate, what needs to be done by whom and so forth.
In this vein, and whatever the outcome, it would be really helpful to have a list of everyone who's willing to help out with WPECON, even if only in a small way. I have prepared this page for that purpose, and I would be indebted to you if you might take ten seconds to sign it.
Thanks, and sorry for spamming your talk page(s). - Jarry1250 [Humorous? Discuss.] 10:48, 14 April 2010 (UTC)
"Factors of Production" addition.
Good day,
I read the article Factors of production and some of the related ("See also") topics. I would like to suggest you add to this article a section that lists the factors of production of a typical, today's company. This article has a very complete historical description of the matter but lacks of a more practical perspective. Anyone trying to know which are the actual factors of production of a typical, current company cannot find this information here. A list is required. Here is a proposal but, definitely, it can be expanded and / or improved:
Factors of production of a current, typical company:
1. Real state (land, plant, buildings)
2. Financial resources (capital)
3. Entrepreneurship
4. Office material (stationary)
5. Promotional material
6. Production materials (raw materials, sub-components)
7. Merchandise (goods to be sold)
8. Intangible resources (processes, knowledge, skills, relationships, alliances, brands, patents, information, etc.)
9. Natural resources (e.g. time, climate; not raw materials)
10. Utilities (electric energy, water, telephone service, gas)
11. Technology (Information Technology, communications, production equipment and tools, security equipment)
12. Transportation infrastructure
13. People
A note must be added to mention that these factors vary by industry, sector, and / or company size.
Best regards,
Luis R. Villegas H.
Mexico.
--LuisVillegas (talk) 04:19, 15 April 2010 (UTC)
macro article on normative economics of central banking?
It occurs to me that it would be nice to have an article on thought on the normative macro economics of central banking. That is, an article that lays out why central banks try to keep inflation/unemployment targets. There is a minor variation in that the Europeans prefer inflation targets while the US prefers a more mixed eye on inflation and GDP growth, but it is really very minor. I believe that there was an academic article published on the new consensus (right before the bubble burst) that could serve as a foundation for this article, with more recent news articles on why the consensus must have been wrong.
I really don't know macro (even someone who recently took econ 101 would probably be better off writing this article than me),but when I was looking at, Monetary Policy Committee it occurs to me that a reader might validly ask the following related questions: why does the bank care about inflation targets? Why should the lead to good growth patterns? Why not target zero? 018 (talk) 23:42, 18 April 2010 (UTC)
- O18 makes a good point, but I think that issue would be best addressed in the Monetary Policy article. There's some stuff in Keynesian economics, the Taylor rule article and in the inflation article, that can be copied and pasted into a new section there that could address the current thinking about 'what is appropriate monetary policy'. BTW, Monetary Policy is in terrible shape and could use a rewrite. Anyone here willing to put in the effort to rewrite it? Thanks LK (talk) 07:59, 19 April 2010 (UTC)
Your comments are requested
All members' thoughts on any topics concerning how WPECON should be are welcomed on the talkpage of the census. Everyone is - of course, this is a wiki after all - free to comment on the stuff I noted or to go off in whatever tangent they wish.
Also, any apology to those of you who signed the census but do not wish to receive any further communications in the future - this would include updates on the planning process before settling into a regular "newsletter" feature (hopefully, time permitting) and such items would also be "reprinted" here. I completely forgot you, for which I can only apologise. Would you mind removing your names from this list? Thanks, - Jarry1250 [Humorous? Discuss.] 17:16, 19 April 2010 (UTC)
Changes at the Neutral Point of View policy page
There are changes happening at the WP:NPV page that will significantly affect the articles under our purview. Specifically, WP:UNDUE has been significantly edited in the last week. Please have a look and comment. Thanks. LK (talk) 13:11, 29 April 2010 (UTC)
- Thanks for the heads-up LK. I'll try to get involved in the discussion. Morphh (talk) 14:34, 29 April 2010 (UTC)
A pressing current issue, and an article that is linked from the main page. My personal view is that the article is a mess, though any efforts I have made to change it have been reverted by a user who believes that the entire issue is a media conspiracy. I'm far from an expert in these things, and more input is sorely needed. - SimonP (talk) 16:20, 30 April 2010 (UTC)
- Can you list the edits that were controversially reverted so as to see the content and the reasons for revert? once we accept it here he has to debate it if he has a problem with it. if not then your edits will stay.Lihaas (talk) 10:53, 1 May 2010 (UTC)
WikiProject Economics Newsletter (Issue I)
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To start/stop receiving this newsletter, please add/remove your name from the list here. Thank you. This newletter was delivered to you by Jarry1250 at around 10:55, 1 May 2010 (UTC) |
The definition in the article's second paragraph is not accompanied by any citations. Can someone please hunt down a source that either verifies or refutes the claim? If the claim is wrong, a source that labels it as a "popular misconception" would be ideal. Thanks. 128.59.180.241 (talk) 05:10, 6 May 2010 (UTC)
- The claim was more unclear than it was correct or incorrect. I've cleaned it up quickly and added a definition as best I can. Mystache (talk) 02:33, 6 June 2010 (UTC)
Question
Quick question for y'all: does a concept of slowflation genuinely exist in the study of economics, or is somebody just trying to get one over on us by inventing a neologism? If it really exists, it needs some references, and if it's a hoax it needs to be deleted — so could somebody with more of a background in economics than I've got weigh in? Tanx. Bearcat (talk) 23:47, 17 May 2010 (UTC)
- I have never come across the term (furthermore, I'm not sure if the definition used in the article for stagflation is correct; there can be slow growth during stagflation), and given the lack of sources the article should probably be put up for deletion. JonCatalán(Talk) 18:46, 2 June 2010 (UTC)
- It is not standard jargon of economics. Mystache (talk) 02:00, 6 June 2010 (UTC)
- It's not standard. I just searched the JSTOR collections of published economics articles and the term does not appear at all. I agree with JonCatalán that "stagflation" (which shows up in 4300 JSTOR articles) covers the condition of "slowflation." Looking ahead, I don't think the use of "slowflation" would make discussion of economic conditions more concise or clear. I support deletion from wikipedia. -- Econterms (talk) 17:58, 9 October 2010 (UTC)
- It looks like a prod has already been declined; someone want to list this at AfD? CRGreathouse (t | c) 21:55, 10 October 2010 (UTC)
- Listed at AfD here. LK (talk) 10:08, 12 October 2010 (UTC)
Jobless Recovery
Hi all,
I'd appreciate a third opinion, or any other comments/suggestions, on Jobless recovery. I think that the article has several serious problems (length, coatracking, OR / lack of reliable sources, fringe views, &c). Needless to say, the person who seems to have written most of it disagrees. I don't want this to turn adversarial and am prepared to accept that I might be wrong :-)
Can anything be done to improve the article? Others have suggested deletion. So far I have deleted & trimmed several paragraphs of what I thought was the worst fiction, speculation, OR, and scifi [1] but (a) what I've done so far is not popular with another editor, and (b) "several paragraphs" barely makes a dent in it.
What do you think of Jobless recovery? I'd be very grateful if it could get a few more attentive eyeballs, and comments on the talk page.
Thanks for your time - bobrayner (talk) 12:21, 18 May 2010 (UTC)
- This seems like a WP:Neologism and doesnt warrant its own article. Some section on another article may fit better. One of the splits pertaining to the current econ. crisis (mainly in the usa -- as it is an american term used by american policymakers)
- Its a long article, but maybe it can be merged into some article on economic theories and/or plausible solution. Lihaas (talk) 01:54, 2 June 2010 (UTC)
Article needs some expert help
I recently removed a PROD on Small Business Lending Index and added it to the Economics project. Maybe you all could give some loving care and better sourcing.--Mike Cline (talk) 13:59, 27 May 2010 (UTC)
Adding wikiproject templates to countries in "Category:Economies by country"
Most main article in Category:Economies by country don't have {{WikiProject Economics}} template. I am slowly moving through them, at this point I am mostly done with A and B. Feel free to help out, but if you do so, try to finish a letter and note that here, so I won't waste time opening dozens of pages you took care of :) Thanks, --Piotr Konieczny aka Prokonsul Piotrus| talk 18:55, 31 May 2010 (UTC)
- A lot of obvious WPECON pages aren't tagged, I'm slowly feeding them to the bots block by block. I assume you're also rating them / prioritising them as appropriate? Otherwise we could otherwise just leave the bot to it. - Jarry1250 [Humorous? Discuss.] 20:29, 31 May 2010 (UTC)
- Sorry, I didn't see your reply earlier. Yes, a bot could do this - although I am rating them as needed, adding country specific wikiprojects, making sure relevant articles are set as "main" for the categories (which the bot may not be able to do). I am assessing their importance as mid, with few exceptions for the major (core) countries. On that note, I've run into an interesting case - see Wikipedia_talk:WikiProject_Ireland#Ireland_vs_Republic_of_Ireland_in_the_category_system. --Piotr Konieczny aka Prokonsul Piotrus| talk 19:07, 12 July 2010 (UTC)
WikiProject Economics Newsletter (Issue II)
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To start/stop receiving this newsletter, please add/remove your name from the list here. Thank you. Delivered by - Jarry1250 [Humorous? Discuss.] 16:07, 1 June 2010 (UTC) |
Can anyone translate this financial gobbledygook into English? Fences&Windows 22:56, 3 June 2010 (UTC)
- I tried a copyedit, but I'm not familiar with financial charts so it still needs attention and sources. Ditto Three Black Crows. Fences&Windows 23:06, 3 June 2010 (UTC)
- Shouldn't this question (and questions like this) be better handled at WP:FINANCE rather than here? We're mostly unfamiliar with chart theory and financial analysis. LK (talk) 00:52, 4 June 2010 (UTC)
- Oh, right you are. Shows how much I know about it. Fences&Windows 18:05, 7 June 2010 (UTC)
- Shouldn't this question (and questions like this) be better handled at WP:FINANCE rather than here? We're mostly unfamiliar with chart theory and financial analysis. LK (talk) 00:52, 4 June 2010 (UTC)
Featherbedding
Featherbedding is in need of work, or at least eyes. Anyone interested?
CRGreathouse (t | c) 21:29, 16 June 2010 (UTC)
Herbert Hoover
I think the section about the Great Depression on the Herbert Hoover article does not represent the mainstream view, (Lee Ohanian theory given undue weight). Can someone more knowledgeable than me look at it. Thanks. Sole Soul (talk) 02:42, 21 June 2010 (UTC)
Central banking and "The Creature from Jekyll Island"
If anyone here is familiar with the book, there's a noticeboard request going. BigK HeX (talk) 02:52, 23 June 2010 (UTC)
Economists' Perspectives Sought for Intelligence Citations Bibliography
I see that several articles within the scope of this WikiProject relate to IQ testing. I have posted a bibliography of Intelligence Citations for the use of all Wikipedians who have occasion to edit articles on human intelligence and related issues. I happen to have circulating access to a huge academic research library at a university with an active research program in those issues (and to another library that is one of the ten largest public library systems in the United States) and have been researching these issues since 1989. You are welcome to use these citations for your own research and to suggest new sources to me by comments on that page. I have greatly enjoyed discussing issues of human intelligence with scholars who have an economics perspective, and I'm sure many articles would be improved with more sources from that perspective and more participation by economically trained editors. -- WeijiBaikeBianji (talk) 20:38, 30 June 2010 (UTC)
Ignorant Section In Austrian School Article
See section titled "Criticism of mainstream practice" in Austrian school article. (The references are good.) -- RLV 209.217.195.195 (talk) 08:18, 6 July 2010 (UTC)
Gold Standard
I've been involved in a dispute with an IP on the Gold standard article. Would appreciate it if people could have a look and watchlist it for a couple of days. Thanks, LK (talk) 08:01, 23 July 2010 (UTC)
- OK, added to my watchlist. Doesn't look too bad at the moment. bobrayner (talk) 09:42, 23 July 2010 (UTC)
- Well, that editor is still active. They have some slightly odd ideas about deflation being a benefit of tying a whole economy to one particular shiny metal, but the personal attacks are relatively mild and they do see the importance of sources.
- It's not a huge crisis but might benefit from another pair of eyes...
- bobrayner (talk) 12:58, 6 August 2010 (UTC)
Dismal science article
There was a survey of American Economic Association economists where most of the economists gave a wrong answer to the question asked, after which the surveyors called it "a dismal performance from the dismal science."[2] Do you guys think this is notable enough for inclusion in the Dismal science article? Shawnc (talk) 13:40, 27 July 2010 (UTC)
- Hmmm, I'm not sure that Dismal science is the best place to put it, since that article is mostly historical, and the only connection seems to be the punning use of the word "dismal". Maybe it would be better to mention it in a more general economics article?
- Yeah the article has covered only the historical usage which makes it look out of place. Well at least the story helped me understand why some consider economics to be this "dismal science". Shawnc (talk) 13:32, 28 July 2010 (UTC)
- bobrayner (talk) 15:30, 27 July 2010 (UTC)
- I think it's too specialized for this article. It might deserve a mention in opportunity cost or economics education. CRETOG8(t/c) 16:23, 27 July 2010 (UTC)
Proposal for renaming "Category:Economics of production" to "Category:Production economics"
If anyone would like to weigh in one way or the other on the above, it's not too late at Wikipedia:Categories for discussion/Log/2010 July 25#Category:Economics of production. Thank you. --Thomasmeeks (talk) 19:22, 27 July 2010 (UTC)
Why does RBI lend money to other banks.???
Why does RBI lend money to other banks.??? 59.95.196.152 (talk) 19:19, 28 July 2010 (UTC)
- This is a bit like, "why did the chicken cross the road? To get to the other side." But, lending money is how a bank makes money. Also, a reserve bank lends money to control the money supply. 018 (talk) 23:10, 28 July 2010 (UTC)
Comments Requested: Proposal for New Economic Indicator for Economy Infoboxes
I would like to add an economic/financial indicator, Doing Business Rank, to the Economy Infoboxes. I think it would be a clearer and more useful way to present the data for each country than adding the statistic to general text on each economy's page. A discussion about this is taking place on the talk page for the Economy Infobox. Please read and contribute your opinion. I hope it can be a useful contribution to the economics project here on wikipedia.
Win.monroe (talk) 20:34, 4 August 2010 (UTC)Win.Monroe
equity home bias
Off my hat to the original poster of this entry.
But the posting seems to contain incorrect information and it has room for improvement with regard to the "attempt to resolve the puzzle"
(1) It is not French and Poterba who first documented home bias puzzle. See Lewis 1999, Journal of Economic Literature. She explains that it goes back to at least 1970s (Levy, Haim and Marshall Sarnat. 1970. “International Diversification of Investment Portfolios,” Amer. Econ. Rev., 60:4, pp. 668–75.)
(2) One can enrich the "attempt to resolve the puzzle" section by reference to Lewis (1999, Journal of Economic Literature) and Sercu and Vanpee (working paper, 2007).
(3) In my opinion, "information immobility" is not implausible. The key idea is that information must be updated for every minute. Then, the curvature of information production function (as in Van Nieuwerburgh and Veldkamp) or cost differential (as in Ehrlich and Shin, 2010, Amer. Econ. Rev) can possibly explain the home bias puzzle by information differential.
(4) Van Nieuwerburgh and Veldkamp's study is published in Journal of Finance (2009)
I wish I could edit this section myself. But do not have time.
Thank you. —Preceding unsigned comment added by 64.134.71.222 (talk) 02:21, 10 August 2010 (UTC)
- Nice literature review. If anyone wants to implement these suggestions, the article in question is Equity home bias puzzle. LK (talk) 04:47, 10 August 2010 (UTC)
Vanderford-Riley well-being schedule
I would like to repeat here my post to Talk:Vanderford-Riley well-being schedule from yesterday as I hope to find someone here who has a better knowledge on the subject. "Hoax? I have used google as well as ISI Web of Knowledge and could not find any reference. There are certainly a great bunch of clones or students who copied WP 1:1 into their powerpoints, but I could not find anything reliable. Hence I start to get the feeling that this is a big hoax. When can one be sure, that something does not exist? When is the right time to remove unreferenced content?" What other sources would you suggest to look for references? What is the procedure if the hypothesis of an hoax cannot be rejected? --AMH-DS (talk) 11:46, 10 August 2010 (UTC)
Economics terminology that differs from common usage
The article Economics terminology that differs from common usage is a recent addition which hasn't gotten much attention. I've tagged it for the project, but it could likely use more visitors, as well as discussion about whether it's appropriate overall or not. (To me it seems strange for Wikipedia, but could certainly be useful.) CRETOG8(t/c) 18:29, 21 August 2010 (UTC)
- Unusual, but looks useful. I'll see what I can do. CRGreathouse (t | c) 19:44, 21 August 2010 (UTC)
Reverted by TheFreeloader?
My last discussion post, an attempt to bring about consensus discussion on the "human molecule" theory as used historically in economics, was reverted by TheFreeloader per comment “A copy-pasted section with no relation to economics”. The section in question, as captured by this table: HMS pioneers, was an effort to bring about dialog, between the science/engineering group and the humanities group, on the topic of the person viewed as a “human molecule”, a theory used prominently in the Lausanne school of economics, particularly Leon Walras, Vilfredo Pareto, Leon Winiarski, and their followers, who viewed people as economic molecules or human molecules, in the case of Pareto; recent examples include physicist Mark Buchanan’s 2007 book on the social atom and how he attempts to update the social physics of economist Thomas Schelling’s 1971 checkerboard model of racial segregation in terms of viewing people, in economics, as atoms or molecules, as compared to the ubiquitous "agent model" used currently. I guess attempts to bring about a common dialog between the chemistry-physics community and the economics community is not permissible at Wikipedia? --Libb Thims (talk) 14:09, 26 August 2010 (UTC)
- Wikipedia, as I noted in reply to your similar post on another WikiProject page, is not the place for promoting ideas that haven't gained traction in the mainstream literature. Publish first elsewhere, in publications that Wikipedia can recognize as reliable sources. -- WeijiBaikeBianji (talk) 14:51, 26 August 2010 (UTC)
- How's about you show me where it says that Wikipedia of only for topics in "mainstream literature"? To give everyone an example of the biasing prevalent here, is the fact that Wikipedia articles such as social atomism (Polish) or atomism (social) (English) sit around, nearly uncited, no more main stream than the article I am concerned with, editors having little concern, but when I write up a fairly decent article on the human molecule, as evidenced by the fact that it was featured in October 2007 Did You Know?, everyone jumps on the bandwagon to expunge the article from Wikipedia, using every rule in Wikipedia I can think of against having the article, for reasons I cannot even begin to pin down (albeit often categorized as “original research/fringe science/hoax/synthesis/non-reliable source/conflict of interest, etc.)? --Libb Thims (talk) 18:05, 26 August 2010 (UTC)
- See WP:N, WP:V, WP:OR, and WP:OTHERSTUFFEXISTS. CRGreathouse (t | c) 18:29, 26 August 2010 (UTC)
- We don’t seem to be seeing eye-to-eye. To go through one example, in 1910 American editor Thomas Dreier wrote the 1910 article “Human Chemicals”, extolling on the philosophy that people should consider themselves as “human chemicals” and use chemistry theory to understand human behavior. It became very popular, so much so that he and Harvard chemist Gustavus Esselen followed this up with the 1948 book We Human Chemicals. Now this is one of ninety examples of a topic that I seem to be barred from writing about at Wikipedia (over even getting a surrogate volunteer to write about) . How exactly does writing about, e.g., the Dreier-Esselen human chemical theory violate: WP:N, WP:V, WP:OR, and WP:OTHERSTUFFEXISTS? --Libb Thims (talk) 18:47, 26 August 2010 (UTC)
- The policies relate to your earlier question, not this one. As to the Dreier-Esselen theory, that seems to not be economics, so I doubt members of this WikiProject will stop you from writing about it. What will other projects and editors think? I have no idea. CRGreathouse (t | c) 19:33, 26 August 2010 (UTC)
- Well, if this subject actually has some relation to economics, then I am sorry I reverted your post. It's just the way you initially had written your post, it did not state any reason for the subject's relevance to economics and I therefore assumed this to be a case of canvassing or forum shopping.TheFreeloader (talk) 19:30, 26 August 2010 (UTC)
- Per suggestion by Kww at the 27 Aug 2010 deletion review, I have initiated an incubator space page: Wikipedia:Article Incubator/Human molecule. I will work on developing a cogent acceptable article over the next week or so. Feel free to contribute with objections or suggestions. Thanks. --Libb Thims (talk) 18:20, 27 August 2010 (UTC)
Adding article "Satellite (financial)" to article "Modern Portfolio Theory"
IT has been suggested that the above stated article "Satellite (financial) be incorporated into the article "Modern Portfolio Theory". I support this move since I have not the skills or time to improve the article I authored. My interest is to serve the public by helping define a financial term used by at least one large investment banking firm, Goldman Sachs. If the term "Satellite" would produce a hit at the article "Modern Portfolio Theory" as "(financial)" or otherwise produce a result to those seeking to define the term in financial usage, it would be useful and I would be happy to consent to this incorporation. Please advise if I need to participate or otherwise consent to this change. Thank you. 68.226.21.127 (talk) 20:15, 26 August 2010 (UTC)
Comments / edits requested -- Beth Hayes
Beth Hayes (edit | talk | history | protect | delete | links | watch | logs | views)
I came across the foregoing new article and it seemed a bit thin to me on the issue of notability. The best shot at it seems, to me, to be the strength of her academic contributions, which I'm not in any decent position to judge, and I was hoping that someone more familiar with both academia and economics could give the thing a look at shore it up (or opine that it can't be done).
In brief, the subject was a promising economist who was teaching at Northwestern when she was killed in an auto accident at the age of 29. A minor award was named for her at her alma mater, Penn, spearheaded by one of her mentors there, David Cass. I don't think that award moves the notability ball very far (see Talk:Beth_Hayes for my reasoning) but before her death, the subject also authored two published articles and co-authored two others, which are cited in a variety of other papers. It seems to me that if she's notable, it's for those. As I said above, it's hard for me to judge. Important academics aren't typically written up in the New York Times or featured on CBS News, and as someone with no economics training beyond a couple of undergrad courses many years ago, I have no *idea* how to assess her contributions to the field, no matter how many articles may or may not turn up in a Google search. If she's notable I think the article needs something more to establish it; and if it's not, then it should be deleted. Any help would be appreciated! JohnInDC (talk) 15:55, 1 September 2010 (UTC)
- Ah, I might've asked here too soon - the author seems to be adding some useful material. Should it assuage my notability concerns? JohnInDC (talk) 16:08, 1 September 2010 (UTC)
WikiProject Economics Newsletter (Issue IV)
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Help request - evaluating sources
We have a bit of a conundrum at the Central place theory article, where a suggestion has been made that a source has been plagiarized (see the Talk page). The source itself appears to be a copy from another website, so I'm not sure anymore which is the "one true source". Can someone have a look? The question is mostly whether the wording used in the assumptions which form the basis for the theory are irreducible, i.e. is this the standard method by which anyone would present the theory? Or are there sufficiently diverse methods of outlining the theory that it becomes probable that the writing was slavishly copied from this one source? And if so, what is the original source that was copied from? Hopefully there are enough links on the talk page for you to access the relevant information, if not, please let me know. Thanks for any help with this! Franamax (talk) 20:36, 14 September 2010 (UTC)
- I've tried to reply, but a little attention from one or two other people might be helpful. bobrayner (talk) 12:47, 20 September 2010 (UTC)
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New peer review for Richard Cantillon
Over the past two days I have committed myself to the reconstruction of Richard Cantillon's Wikipedia entry. Having finished the bulk of the content (although not yet going through a customary copy edit of my own), I have asked for a peer review in preparation for featured article candidacy. I would be extremely grateful if anybody would lend their opinions there, especially dealing with information they would like to see included (if there is any). Thank you, JonCatalán(Talk) 04:29, 24 September 2010 (UTC)
- By the way, the article is now a FAC. JonCatalán(Talk) 06:31, 29 September 2010 (UTC)
Dust Bowl
I'm curious why an article about causes of the Great Depression, primarily in the US, makes no mention of the Dust Bowl. Macroeconomics is not everything (and this from a macroeconomist). Some mention of over-investment (real, not financial) in the late 1920s might also be appropriate. 140.254.199.38 (talk) 21:47, 24 September 2010 (UTC)ceberw
New School History of Economic Thought RS
This edit surprised me in that I had thought of the History of Economic Thought web site at the New School as a reliable source. However, after following through, the introduction to the site modestly downplays itself and says explicitly:
- "Much of what is contained here reflects my personal opinions and areas of interest. The commentary may seem quite idiosyncratic and some may disagree with portions of it. The information here has not been reviewed independently for accuracy, relevance and/or balance and thus deserves a considerable amount of caution. As a result, I would prefer not to be cited as reliable authorities on anything. However, I do not mind being listed as a general internet resource."[3]
Well, drat! It seemed well-done enough (to one such as me who's very ignorant of the history of economic thought) that I was taking it as a de facto WP:RS. Should we take the author at their word and stop using it as a source, or ignore their caveats based on our own judgment? (I'm asking here first rather than at the RS board because I think there might be more informed feedback here, eventually it would probably have to go to the RS board). CRETOG8(t/c) 18:16, 1 October 2010 (UTC)
- It's a reliable source, though not peer-reviewed. The only real question here is whether we should use it, considering that it asks to not be used, even though our own policy would allow it. I think that this decision must fall to each individual editor. CRGreathouse (t | c) 18:31, 1 October 2010 (UTC)
- What makes it a reliable source? See: self-published sources. JonCatalán(Talk) 18:38, 1 October 2010 (UTC)
- Note that the site states, "Although this page has been developed under the auspices and is hosted by the Department of Economics of the New School for Social Research, we would like to remind everyone visiting this site that neither the department nor the university are to be held responsible for any of the material contained here."[4] Regardless of the disclaimer, it is hosted by the Economics Department of The New School, and so is not self-published. In terms of reliability, I would rank it as similar to a university textbook. LK (talk) 04:08, 4 October 2010 (UTC)
- What makes it a reliable source? See: self-published sources. JonCatalán(Talk) 18:38, 1 October 2010 (UTC)
Reliable source discussion on Federal reserve
here CRETOG8(t/c) 21:40, 3 October 2010 (UTC)
Subject regarding Intangible Goods...
Good Day
After much reading and re-reading it has been brought to my attention that an "intangible-good" is quite possibly an oxy-moron. These texts refer to both a service(intangible) and a physical "good"....it has to be more defined than this, for sure. I think it could go into more detail and define "tangibility" to being created as opposed to transferred....just a thought..or maybe create a "service good"Cite error: There are <ref>
tags on this page without content in them (see the help page)... I have notice a small confusion in all three of these articles:
1.
In economics and accounting, a good is a product that can be used to satisfy some desire or need. More narrowly but commonly, a good is a tangible physical product that can be contrasted with a service which is intangible. As such, it is capable of being delivered to a purchaser and involves the transfer of ownership from seller to customer. For example, an apple is a tangible good, as opposed to a haircut, which is an (intangible) service. One usage that preserves the distinction between goods and services by including both is commodity. In microeconomics, a 'good' is often used in this inclusive sense of the word (Milgate, 1987).
2.
The service sector consists of the "soft" parts of the economy, i.e. activities where people offer their knowledge and time to improve productivity, performance, potential, and sustainability. The basic characteristic of this sector is the production of services instead of end products. Services (also known as "intangible goods") include attention, advice, experience, and discussion. The production of information is generally also regarded as a service, but some economists now attribute it to a fourth sector, the quaternary sector.
3.
An intangible good is a good that is intangible, meaning that it can not be touched, as opposed to a physical good. In an increasingly digitized world, intangible goods play a more and more important role in the economy. Virtually anything that is in a digital form and deliverable on the Internet can be considered an intangible good. A piece of music, a picture, or an article downloaded from the Internet are all examples of intangible goods. In ordinary sense, an intangible good should not be confused with a service since a good is an object whereas a service is a labor. So a haircut is a service, not an intangible good.