Robin has many-many clever and insightful observations, but I think the history books will only remember him for these unbelievably naive em posts. People of the future will find his idea of an em just as charmingly ridiculous as we see flapping-wing aeroplanes, and they will often quote him for comedic effect. At least that’s my hope, because I think he would deserve this for the hubris with which he builds these complex constructions on quicksand.
More seriously, this whole em series is a sterile example of what I called Individualism Bias at this old thread. I am not an economist, but it seems to me that Robin failed to address Johnicolas’s points there.
Robin has many-many clever and insightful observations, but I think the history books will only remember him for these unbelievably naive em posts. People of the future will find his idea of an em just as charmingly ridiculous as we see flapping-wing aeroplanes, and they will often quote him for comedic effect. At least that’s my hope, because I think he would deserve this for the hubris with which he builds these complex constructions on quicksand.
More seriously, this whole em series is a sterile example of what I called Individualism Bias at this old thread. I am not an economist, but it seems to me that Robin failed to address Johnicolas’s points there.