I agree.
Absolutely, but I wouldn't then want to go say this made finance
epiphenomenal, or secondary, or parasitical, or euthanizable, or any of the
other things that people sometimes say. Capitalist production is about the
accumulation of money and the transformation of everything into
At 6:04 PM 1/17/97, Michael Perelman wrote:
I would go beyond what Doug says about the fuzzy boundary between
finance and industry. Old time capitalists were more rooted in their
industry. Today, everything is screened via ROI, everything is treated
as if it is saleable, capable of being
I would go beyond what Doug says about the fuzzy boundary between
finance and industry. Old time capitalists were more rooted in their
industry. Today, everything is screened via ROI, everything is treated
as if it is saleable, capable of being securitized
--
Michael Perelman
Economics
At 3:08 PM 1/17/97, Paul Altesman wrote:
But as Doug points out, one of the major changes of our times - in
North America - is the breakdown of the arrangement that financial and
industrial institutions would each stick to their historical sphere,
limiting their struggle to the interface
From: (by way of Charles Scheiner [EMAIL PROTECTED])
Thursday, January 16, 1997 12:59 pm EST
JAKARTA, Indonesia (AP) -- Fifteen people have
been arrested in East Timor in connection with a
violent uprising
TOP CURRENCY TRADER PROCLAIMS DANGERS OF CAPITALISM
NEW YORK -- When George Soros speaks, the world's markets
listen. This time, though, they may not believe what they
hear.
Soros is proclaiming that capitalism and its system of
speculative trading -- the same system that has brought
him
Professor Wainwright's message reminds me of an interesting event at the
ASSA meetings. At the same time as the CPI forum, there was one on
affirmative action. It had a number of interesting aspects:
1. Richard Posner was pathetic at playing an economist. He was filled with
economic
At 06:26 PM 1/16/97 -0800, Doug Henwood wrote:
At 6:05 PM 1/16/97, DICKENS, EDWIN (201)-408-3024 wrote:
And to my mind the theory of interest
rate determination is crucial to filling in that lacunae.
OK, Tom - so what's the Dickens theory of interest rates?
Doug
I am sorry that this thread
"Few exercises in social argument are so obviously in defence of financial
self-interest as those brought forward by the rich against their taxes. It
always boils down to the slightly improbably case that the rich are not working
because they have too little income, the poor because they have too
PEN-L, I did it again: posted to the world, being in a hurry. I
apologize and will _really_ try to slow down. Larry Shute
-- Forwarded message --
Date: Fri, 17 Jan 1997 12:49:03 -0600
From: Jon Wainwright [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Subject: Feds to kill Survey of Minority Businesses
Dear Sir:
I am a professional economist affiliated with the University of Texas at
Austin. For the
Jim Devine wrote:
How can Passell say such things??
I often read Passell's columns. He's simply a mouthpiece for a sub-set of
mainstream economists. He quotes and promotes the work of dishonest
scholars like Dale Jorgeson and his ilk.
I had read the column referred to by Lynn Turgeon and
Dear Paul,
Perhaps you didn't get my last message. I thought I was doing the
one on John Maurice Clark (#83) and I also volunteered to do #75 on
Social Control of Business since that dovetails with the Clark piece.
In any case, I have been working on the Clark piece and would like
to know
Besides the draconian National Security Law, which makes it
criminal to be a communist, engage in any activity deemed to be
"pro-north", call for the reunification of Korea or have any
contact with individuals or organizations in the north or deemed
"pro-north", the latest law introduced by the
1. Jack works 40 hours a week at a union job, where he earns a wage of $25
an hour and receives a package of fringe benefits (including paid time off)
worth a total of $12 an hour. If Jack works two hour a week overtime, at
time and a half, what is the approximate *ratio* of his net (after tax)
I agree.
Absolutely, but I wouldn't then want to go say this made finance
epiphenomenal, or secondary, or parasitical, or euthanizable, or any of the
other things that people sometimes say. Capitalist production is about the
accumulation of money and the transformation of everything into
At 6:04 PM 1/17/97, Michael Perelman wrote:
I would go beyond what Doug says about the fuzzy boundary between
finance and industry. Old time capitalists were more rooted in their
industry. Today, everything is screened via ROI, everything is treated
as if it is saleable, capable of being
-- Forwarded message --
Date: Fri, 17 Jan 1997 12:49:03 -0600
From: Jon Wainwright [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Subject: Feds to kill Survey of Minority Businesses
Dear Sir:
I am a professional economist affiliated with the University of Texas at
Austin. For the
"Few exercises in social argument are so obviously in defence of financial
self-interest as those brought forward by the rich against their taxes. It
always boils down to the slightly improbably case that the rich are not working
because they have too little income, the poor because they have too
Jim Devine wrote:
How can Passell say such things??
I often read Passell's columns. He's simply a mouthpiece for a sub-set of
mainstream economists. He quotes and promotes the work of dishonest
scholars like Dale Jorgeson and his ilk.
I had read the column referred to by Lynn Turgeon and
Besides the draconian National Security Law, which makes it
criminal to be a communist, engage in any activity deemed to be
"pro-north", call for the reunification of Korea or have any
contact with individuals or organizations in the north or deemed
"pro-north", the latest law introduced by the
TOP CURRENCY TRADER PROCLAIMS DANGERS OF CAPITALISM
NEW YORK -- When George Soros speaks, the world's markets
listen. This time, though, they may not believe what they
hear.
Soros is proclaiming that capitalism and its system of
speculative trading -- the same system that has brought
him
PEN-L, I did it again: posted to the world, being in a hurry. I
apologize and will _really_ try to slow down. Larry Shute
From: (by way of Charles Scheiner [EMAIL PROTECTED])
Thursday, January 16, 1997 12:59 pm EST
JAKARTA, Indonesia (AP) -- Fifteen people have
been arrested in East Timor in connection with a
violent uprising
Professor Wainwright's message reminds me of an interesting event at the
ASSA meetings. At the same time as the CPI forum, there was one on
affirmative action. It had a number of interesting aspects:
1. Richard Posner was pathetic at playing an economist. He was filled with
economic
I would go beyond what Doug says about the fuzzy boundary between
finance and industry. Old time capitalists were more rooted in their
industry. Today, everything is screened via ROI, everything is treated
as if it is saleable, capable of being securitized
--
Michael Perelman
Economics
At 06:26 PM 1/16/97 -0800, Doug Henwood wrote:
At 6:05 PM 1/16/97, DICKENS, EDWIN (201)-408-3024 wrote:
And to my mind the theory of interest
rate determination is crucial to filling in that lacunae.
OK, Tom - so what's the Dickens theory of interest rates?
Doug
I am sorry that this thread
At 3:08 PM 1/17/97, Paul Altesman wrote:
But as Doug points out, one of the major changes of our times - in
North America - is the breakdown of the arrangement that financial and
industrial institutions would each stick to their historical sphere,
limiting their struggle to the interface
1. Jack works 40 hours a week at a union job, where he earns a wage of $25
an hour and receives a package of fringe benefits (including paid time off)
worth a total of $12 an hour. If Jack works two hour a week overtime, at
time and a half, what is the approximate *ratio* of his net (after tax)
Dear Paul,
Perhaps you didn't get my last message. I thought I was doing the
one on John Maurice Clark (#83) and I also volunteered to do #75 on
Social Control of Business since that dovetails with the Clark piece.
In any case, I have been working on the Clark piece and would like
to know
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