In a message dated 98-07-30 08:43:51 EDT, you write:
This veteran of many bombing missions over France and Germany
finds it incredible that those who told of their fathers' experiences
displayed no awareness of the fact that if it had not been for the Soviets
(Russians we called them in
I just read Valis' "review" of Saving Private Ryan.
Sounds pretty depressing - especially going to a coffee bar afterwords.
I haven't seen the movie but I thought I'd like to share some thoughts about
the sentimentality associated with WW II, and perhaps Spielberg's motivation.
My dad was a
Jim,
Did you net out financial income from industrial profits ? For example, GMAC
and GE finance provide significant income to GM and GE.
Jason
Doug,
That STUPID F**K WOLFE!!!
How's that?
1) He went after the Econ dept - big time. Forced Palley down our throats (I
think unbeknownest to Tom); we wanted Randall Wray.
2) Tried - via Alice Amsden - to gut Marxian Economics courses.
3) Tried to get classes to start in early
I good friend of mine also butted heads with Baumol over a court case. Baumol
was shilling for a major RR in NY who was trying to get out of paying taxes on
their right-of-ways to school districts.
By the way, Baumol considers himself to be very "sympathetic" to Marx!
Jason
In a message dated 98-02-20 12:12:40 EST, you write:
Some of the radicals want it both
ways: doing heterodox topics and theories on the one hand, but for
the usual objectives/imperatives of publish or perish, CV knotching
and acceptability/getting published within the "mainstream" media,
In a message dated 98-02-19 12:48:00 EST, you write:
The AEA Papers and Proceedings only print papers that are
AEA sessions, not URPE or other groups. I think part of
the agenda here is to squeeze other groups so that the AEA
itself can have more sessions
Barkley,
Good point. The
Susan,
Is there a way we can send an "electronic petition" to the folks at the AEA?
There is also the point that though many of us don't attend the AEA meertings
on a regular basis, we read the proceedings and program. How costly is it for
them to keep up an "option demand" (Burton Weisbrod's
In a message dated 98-02-18 01:51:14 EST, you write:
Although many have attempted to make such cross-level inferences,
scholars agree that all existing methods yield very inaccurate
conclusions about the world. In this volume, Gary King lays out
a unique --- and reliable
Folks,
Here's another angle:
The divorce rate in the US is around 50%. There is probably even odds that a
marriage under stress probably has some component of infidelity occurring. So
a 1/4 of all married adults (perhaps even a fair amount of newscasters) have
something to "explain."
BTW,
In a message dated 98-02-12 18:53:53 EST, you write:
I was referring to an item from the BLS Daily Report that was looking
forward to the use of a geometric mean index.
I thought the use of the GM was to correct for the following:
Apples go up from $1/lb to $2/lb and back to $1/lb.
The
Tom,
Any money to support any "social" program is litmus-tested: NO dollars shall
ever be spent to help women obtain reproductive choice/freedom. Gingrich have
virtually codified this into a template for all intn'l aid programs.
Jason
In a message dated 98-02-10 20:46:18 EST, you write:
Why? Because he's Canadian?
No, because he's from P-R-I-N-C-E-T-O-N
I don't think we need to censor q's or a's. The seminars I've been at with
"Big Cheese" NC's are often rough tumble.
Finally: Will somebody clue me in on the
In a message dated 98-02-05 13:56:57 EST, you write:
like so much econometrics, with little power to clarify
real human life?
Oh no!!!
I've been found out!! There goes my 401(k) money!
J
In a message dated 98-02-01 16:31:13 EST, you write:
their overall contribution would still be minimal,
given their small share of the overall capital stock
I think the latest BEA figures show that a large protion of net capital
formation (the flow of I) is coming from computers. The
Doug,
Paul Simon lives down the block from me, but, last time I looked, no reporters
were out there looking for all the lost money from Capeman!
jason
Doug,
I'm skeptical about the Santa Fe Institute. I think the Los Alamos "cloud
of smartness" hangs over them. I know a recent doctoral student at the New
School had a fellowship there. I'm sure their $'s are probably come from
those that fund both MIT and Cal Tech.
Jason
HTMLFolks,BR
BR
I friend of mine called me up to tell me: "Did you read today's New York
Times!? Doug Henwood was quoted!"BR
BR
Ohmygod! Has Pete Pasells been canned? Has Milt Freudenheim gone nuts? Has
Doug Henwood SOLD OUT BIGTIME???BR
BR
Quick, I first scour the "Week In Review"
In a message dated 97-11-15 22:49:56 EST, you write:
There are virtually no industries in which a market share
greater than 10% of the U.S. market is required to exhaust all scale
economies--to reach the lowest (technologically) attainable cost per unit.
Calculating "EOS's" is a real
Folks,
Does Ed Herman have an e-mail address?
Jason
Folks,
The former chief actuay of our Social Security Administration, Robert Myers
points out in the latest issue of "Contingencies" (an actuarial trade
publication) that Chile's SS system is in deep actuarial do-do:
Their vaunted "Personal Savings Account System" supposedly avoids unfunded
Folks,
Any Pen-L's teaching Managerial Finance out there? I have a slim chance for
a tenured-track teaching finance at a small b-school (731 letters and 4
years, holy cow! my first (and only?) interview!! Is there a "progressive"
text out there (besides Doug's "Wall Street" - which will only
Doug,
If it's not too late: Wil Milberg or Lance Taylor
jason
Mike,
I think this has happened 3 times since I began with Pen-l in 19992(?)
jason
Jim,
Noam Chomsky has made this point in Z and elsewhere. He believes that NAFTA
is likely to subvert the economies of the South the USs
Jason
In a message dated 97-11-05 12:11:21 EST, you write:
The profs. at Big Schools (BS) and their minions see anything that
was written more than five years ago as irrelevant or prima facie wrong,
especially if the old research didn't use clever models that apply
fashionable techniques.
In a message dated 97-11-05 01:35:48 EST, you write:
4. The 'non-reporting' does not hold water, especially since the ratio of
boys as a majority over girls widens with age AND, there's just all those
pesky little corpses.
Excellent point Amen.
This whole business is psychopathic and
In a message dated 97-10-20 11:06:02 EDT, you write:
Work at EPI by Dean Baker and Larry Mishel is counter-evidence; it
finds profit rates have risen and are at record highs. (See our
'profits' briefs on our web site).
"Business Economics" also had an article with the same conclusion.
In a message dated 97-10-22 12:37:59 EDT, you write:
The Chilean system devotes about 30% of it revenues to administrative
overhead - brokerage fees, recordkeeping, and marketing by the approved
mutual funds.
Moreover,
Medicare and Medicaid administrative expenses/premium ratios are also
In a message dated 97-10-16 20:40:23 EDT, you write:
Yep, I got tired of the same all-too-easy and all-too-predictable
dismissal of the old guy as having been right about so-and-so but, as we now
know from the superior vantage point of economic theory in this advanced
age, wrong about
In a message dated 97-09-30 10:49:04 EDT, you write:
1) What are the arguments against stock market funding of basic
social security pensions?
Volatility of returns. From 1975 to June 1997, the SP 500 had a 5.9% avg
annual return. Gov't bonds were a better deal. Of course all this
Folks,
Sorry to repeat: Addison-Wesley has discontinued publishing "Understanding
Kism!"
Anyone know who is picking it up?
jason
Folks,
Does anyone know who is publishing Bowles Edwards "Understanding
Capitalism?"
Thanks,
Jason
Folks,
Let me echo everything in the prior posting.
Business economists have also met the ranks of the underemployed. Check out
the New York Times Business section on 9/18: "Brother Can You Spare A Dime
for a Boom-Era Economist?"
At the annual convention of the National Assoc of Business
For financial corporations - especially insurance companies - where the
equity portfolio is a significant share of its capital base, movements in the
financial markets directly affects its operational capacity. For example,
Allstate's ability to underwrite new risks is measured by its
Lies! Lies! Sample Bias!
I'd like to know the breakdown by age, income, etc. Every year they do
surveys of all the employees at my workplace, and: a) the people making good
salaries are "satisfied" and b) everyone else is not!
I have a strong suspicion that whatever the WSJ says, there
The Economic History Association has a great web site with compilations of
course outlines.
Jason
In a message dated 97-09-10 15:15:14 EDT, you write:
Sharpton
quickly pointed out that no one has ever asked Rudy about the narrowness of
*his* base, emphasizing that he got more white votes than Rudy did black
votes. Messinger couldn't make a point that sharp if her life depended on
it.
Jim,
Abbey J Cohen (Goldman's Stock Guru) justifies these differentials by noting
that the pre-tax profits of the SP 500 have increased at an annual average
compound growth rate of +20% from 1991 through 1997:1.
Read' em and weep
jason
In a message dated 97-07-31 04:48:25 EDT, you write:
1) What percentage of new investment in productive capacity is financed by
retained earnings?
I think Doug claims between 80-90%
What percentage is financed by borrowing from financial
institutions? What percentage is financed by
In a message dated 97-07-24 02:01:53 EDT, you write:
1. Marx tended to minimize concerns for the immediate adverse impact of
capitalism on women and children because he focused on what he believed to
be
the inherent impact of capitalism dynamics in the long run on their
situatio
Bob,
Good Folks,
I've been reading these missives, while observing my younger daughter who
just turned 1. I watch her play with a truck and then cuddle her doll. I
don't know where she learned to do either, but it probably comes from
external and internal influences.
Now on the other hand, her
What's the big deal?
The real questions are: how competitive are China's mass-produced goods
(e.g. quality) and what sort of export-earnings are associated with those
goods. "Made In Japan" used to be a signal of poor quality, now its the
standard in certain types of so-called high
Jim,
What did your grandad do to get axed by the infamous SLA?
Jason
Not so Doug Henwood, the middle-aged publisher of the Left
Business Observer newsletter, and the host of a show on
geo-politics on WBAI, a New York leftist radio station.
God, do I feel old
Henwood has written Wall Street, a book that amply
illustrates his nasty ad hominem
Doug,
Send'em to me!
Thanks
Jason
Am I stuck in "Volume I" or did that old "naughty man" (as my 3-year old
daughter Sarah tells me as she looks at the Dancing Marx's on my URPE
t-shirt) say something about the real wage being "socially and historically"
determined?
Is it not obvious that the real wage would have to cover all the
In a message dated 97-06-13 05:00:47 EDT, [EMAIL PROTECTED] (rakesh
bhandari) writes:
The real puzzle remains the
black culture of overachievement.
Rakesh
Let me "second that emotion!"
I have three friends (in economics) whose publication/teaching/service
records were objectively better
Doug,
Rudy G in a speech to the National Press Club (NPR broadcast on 6/1/97, 8 pm
WNYC) claimed that the Unemployment Rate was declining because ex-welfare
recipients were entering the workforce.
I suspect that people on welfare are not included in the Census HH survey
(probably due to lack of
In a message dated 97-06-05 16:20:59 EDT, you write:
"To reinvigorate the grass roots requires explaining to people the world as
it is and as it might be. That's what radical intellectuals are supposed to
do, but we're not doing much of it."
Doug,
Haven't Americans become so
Maggie,
Next up: The Dream Police !
Jason
Folks, the New York Times just hit yet another new low for stupidity!
The lead article in the Business Section shows real wages rising in the first
quarter which Louis ("I-Have-No-Understanding-Of-Graphics") Uchitelle cites
as evidence of rising wage (and thus) price inflation!
Hello
Doug,
In your latest LBO, you note that businesses' internal funds reached 109% of
fixed capital, yet firm's still borrow an average of 32% of "capex" and rely
little on stocks to finance expansion of plant and equipment.
My question is: what does the 32% of borrowing represent? Is it a "mix"
In a message dated 97-02-16 16:47:03 EST, you write:
In a message dated 97-02-15 09:06:43 EST, you write:
man hours
sigh. they just don't get it. maggie coleman [EMAIL PROTECTED]
Maggie,
Did I write this? I hope not - I have to pay thrice in my household for such
words!!
How are
In a message dated 97-02-05 13:00:53 EST, [EMAIL PROTECTED] (Laurence
Shute) writes:
"Karl Marx argued that capitalism needs a 'reserve army' of unemployed
labor to restrain wage demands and safeguard profits. Most economic
policy makers still think the same way, but recent experience in
Jim (and everybody else)
Given the level (and growth) in job insecurity, why are we in a state of
paralysis?
I think a great deal has to do with the harnessing of the ideology/media by
corp's - who have been able to keep this issue off the political landscape.
Moroever, a significant plurality
Doug,
Perhaps the longstanding desire to kill OT is because in steel, tires, and
other "measurably productive" sectors, time-and-a-half pay was used (by
labor) to get at the surplus value.
Capital has had a somewhat more difficult time "rationalizing" nursing,
sales, and other service
Is there anyone out there who isn't insecure about their job?
Tenured faculty? C'mon, U/Minn Law School profs (that hotbed of radicalism)
are trying to hang together.
A day doesn't go by where my wife and I don't talk about the possibilty of
getting axed. Anyone notice "retirement"
Has anyone noticed the proliferation of "offical pronouncements" of the end
of the business cycle? DRI and WEFA have both noted that the "steady growth"
of the 1980s and 1990s reflects a new "golden era" of the 3-3-3 rule: 3%
inflation, 3% growth, 3pm golf tee-off!
In the latest Barron's
59 matches
Mail list logo
