[PEN-L] Iraqi National Unity Government Goes Pffft

2007-08-02 Thread The Buffalo In Da' Midst
http://www.juancole.com/2007/08/142-dead-in-heat-wave-of-violence-5_02.html

[PEN-L] Opening a Discussion of Feed-In Tariffs in North America

2007-08-02 Thread ehrbar
If you know about, or are interested in, Feed-In Tariffs, please contact Paul Gipe. Paul has been instrumental in getting Ontario to adopt the Feed-In Tariff model. I mentioned Feed-In Tariffs in http://archives.econ.utah.edu/archives/pen-l/2007w30/msg00092.htm Paul's web site has lots of

Re: [PEN-L] query: John Elster and methodological individualism

2007-08-02 Thread ken hanly
Actually I think methodological individualism is employed as an axiom underpinning free-market ideology. As such it will be claimed as self-evident even though to anyone not already conditioned to accept the axiom this seems blatantly ridiculous. The claim of trivial truth is in effect a blocking

Re: [PEN-L] methodological individualism

2007-08-02 Thread Jim Devine
ken hanly wrote: Actually I think methodological individualism is employed as an axiom underpinning free-market ideology. As such it will be claimed as self-evident even though to anyone not already conditioned to accept the axiom this seems blatantly ridiculous. The claim of trivial truth

[PEN-L] Does Roberts Get it Right?

2007-08-02 Thread Brian McKenna
A CounterPunch Special Report on the Economy In Richistan: Fantastic Wealth for a Few; Steady Decline for Many The Return of the Robber Barons By PAUL CRAIG ROBERTS The US economy continues its 21st century decline, even as the Bush Regime outfits B-2 stealth bombers with 30,000 pound monster

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread Anthony D'Costa
We need some evidence for the following: Meanwhile, US colleges and universities continue to graduate hundreds of thousands of qualified engineers, IT professionals, and other professionals who will never have the opportunity to work in the professions for which they have been trained. America

[PEN-L] query: Murdoch and Maxwell

2007-08-02 Thread Jim Devine
thinking about Rupert's take-over of the WSJ makes me think of the late media baron, Robert Maxwell. The question is: how (over) leveraged is Murdoch? As far as I can tell, no-one is asking this question, which seems relevant if we're going to be seeing a recession in the near future. on Maxwell

Re: [PEN-L] methodological individualism

2007-08-02 Thread Doyle Saylor
Greetings Economists, On Aug 2, 2007, at 8:40 AM, Jim Devine wrote: 1) the free rider or collective action problem: it's really hard for a group of people to attain collective goals because some will be in it for themselves. Doyle; The model is language here. If a language is shared like

Re: [PEN-L] query: Murdoch and Maxwell

2007-08-02 Thread Jim Devine
On 8/2/07, Michael Perelman [EMAIL PROTECTED] wrote: He was certainly highly leveraged some time ago, when the business press speculated about his impending implosion. Would he have made the same mistake twice? the main reasons why capitalists get over-leveraged is because they anticipate

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread raghu
On 8/2/07, Anthony D'Costa [EMAIL PROTECTED] wrote: We need some evidence for the following: Meanwhile, US colleges and universities continue to graduate hundreds of thousands of qualified engineers, IT professionals, and other professionals who will never have the opportunity to work in the

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread The Buffalo In Da' Midst
On 8/2/07, Anthony D'Costa [EMAIL PROTECTED] wrote: We need some evidence for the following: Meanwhile, US colleges and universities continue to graduate hundreds of thousands of qualified engineers, IT professionals, and other professionals who will never have the opportunity to work in the

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread Carrol Cox
The Buffalo In Da' Midst wrote: I don't feel sorry for the professional bourgeoisie at all. For the most part, their expectations led to their own problems, psychological, sociological, and financial. This belief should make the capitalists happy, since it guarantees disunity in the working

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread The Buffalo In Da' Midst
On 8/2/07, Carrol Cox [EMAIL PROTECTED] wrote: The Buffalo In Da' Midst wrote: I don't feel sorry for the professional bourgeoisie at all. For the most part, their expectations led to their own problems, psychological, sociological, and financial. This belief should make the

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread raghu
On 8/2/07, Carrol Cox [EMAIL PROTECTED] wrote: This belief should make the capitalists happy, since it guarantees disunity in the working class. Carrol Are foreigners on work visas part of the working class? Does setting domestic workers against foreigners not guarantee disunity in the

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread The Buffalo In Da' Midst
On 8/2/07, raghu [EMAIL PROTECTED] wrote: Are foreigners on work visas part of the working class? Does setting domestic workers against foreigners not guarantee disunity in the working class? -raghu. I consider foreign workers on H1b (and other types of) visa as 'self-exploited'

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread Jim Devine
Lou Dobbs -- I mean Paul Craig Roberts -- writes that: Another deceit is the measure called core inflation. This measure of inflation excludes food and energy, two large components of the average family's budget. Wall Street and corporations and, therefore, the media emphasize core inflation,

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread raghu
On 8/2/07, The Buffalo In Da' Midst [EMAIL PROTECTED] wrote: I consider foreign workers on H1b (and other types of) visa as 'self-exploited' bourgeoisie. They tolerate their own exploitation for personal gain. Now, look up the word opportunist. Perhaps. But you have to remember most of them

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread Carrol Cox
raghu wrote: On 8/2/07, Carrol Cox [EMAIL PROTECTED] wrote: This belief should make the capitalists happy, since it guarantees disunity in the working class. Carrol Are foreigners on work visas part of the working class? Does setting domestic workers against foreigners not guarantee

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread Sabri Oncu
Leigh: Let me know when they think of themselves, and act as, 'working class'. Whether they think of themselves as working class is another issue. But they act as working class because they are working class. Working class does not always act to the liking of the progressives. Best, Sabri

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread Jim Devine
On 8/2/07, Sabri Oncu [EMAIL PROTECTED] wrote: Leigh: Let me know when they think of themselves, and act as, 'working class'. Sabri: Whether they think of themselves as working class is another issue. But they act as working class because they are working class. Working class does not always

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread raghu
On 8/2/07, Carrol Cox [EMAIL PROTECTED] wrote: The criticism of high-paid workers (who ARE working-class, not part of the bourgeosie) introduces a moralistic element into thinking about class. That is disastrous. Higher wages for already high-pay workers DOES NOT effect in any way the wages or

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread Michael Perelman
As I recall, the index shifted to rents when housing prices were rising [during the Reagan Admin?] much faster than rents. It was intended to lower the CPI [perhaps when Roberts was in the Treasury Department] If homeowners make up a majority of the populations, annual payments might make

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread Carrol Cox
Marvin Gandall wrote: By the way, downward or upward pressures on pay and benefits on one group of workers do tend to affect other groups. Workers, especially union members, habitually compare their pay movements to others in their workplace and industry, and employers are required to pay

[PEN-L] query: methodological individualism

2007-08-02 Thread Jim Devine
I'm reposting this, hoping for an answer. In economics, what uses does methodological individualism have in the actual attempt to understand the world (that is, beyond mere ideology)? I can think of two so far: 1) the free rider or collective action problem: it's really hard for a group of people

Re: [PEN-L] Does Roberts Get it Right?

2007-08-02 Thread Marvin Gandall
Carrol wrote: Borderline cases tend to corrupt analysis. Management (as I would describe it) is simply part of the capitalist class, their share of surplus value coming to them in the form of salaries. But Management is also a rubber-bag category that can be stretched weirdly. According to a

[PEN-L] Pelosi and Conyers

2007-08-02 Thread Dan Scanlan
Rumors circulating in the Washington beltway have it that Reps. Conyers and Pelosi are keeping impeachment off the table because they have semen-stained blue dresses in their closets.

[PEN-L] bridge neglect

2007-08-02 Thread Michael Perelman
When Clinton ran for president, he promised a $19 billion program to fix the nation's infrastructure. Financial markets nailed him he backed off as fast as you can say single payer. Now, the stock market is supposedly licking its collective chops hungering after an infrastructure boondoggle.

[PEN-L] Funds that shake capitalist logic By Lawrence Summers

2007-08-02 Thread soula avramidis
Here below is additional proof that Patanaik's point that global imbalances will not be refressed by exchange rate tinkering but the crisis will come when foreigners seek national assets in the US Funds that shake capitalist logic By Lawrence Summers Financial Times July 29 2007 17:49