[PEN-L] Atlantic Monthly

2008-01-21 Thread Louis Proyect
(Atlantic Monthly is a fairly toxic source of neoliberal propaganda, but occasionally has a useful article like Charles Mann's 1492 that made the case that indigenous peoples had a higher standard of living than the European invader.) NY Times, January 21, 2008 A Venerable Magazine Energizes

[PEN-L] People on the Street on the Canadian torture list

2008-01-21 Thread Jim Devine
U.S. Briefly On Canadian Torture List Late last week, Canada placed the United States on an official list of countries that practice torture before removing it on Saturday. What do you think? Tony Bramah, Systems Analyst: We need to find out whoever did this, strap them to a board and dump

[PEN-L] The Partisan (Economic Principals)

2008-01-21 Thread Leigh Meyers
The Partisan from Economic Principals by David Warsh Paul Krugman, a trade theorist of sufficient accomplishments that he is on many persons' short list for a share of a Nobel Prize some day, surprised nearly everyone in 2000 when he quit his professorship at the Massachusetts Institute of

Re: [PEN-L] Robert Brenner: Devastating Crisis Unfolds

2008-01-21 Thread Jim Devine
Louis Proyect wrote: (Not one month after Robert Brenner wrote that he was analyzing stagnation, not cataclysmic crashes, he has this article in Against the Current.) http://www.solidarity-us.org/node/1297 Devastating Crisis Unfolds — Bob Brenner, for the ATC editors I really can't speak

[PEN-L] critique of supply-side redux

2008-01-21 Thread Jim Devine
by Austan Goolsbee, New York TIMES, January 20, 2008. ... many critics have missed important research by some very prominent economists that has revived some supply-side ideas, giving them an aura of academic respectability. The leading Republican candidates do not advertise their academic

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread Jim Devine
me: Sure, I'm in favor of fewer hours per week, but I don't think slogans or programs organize people well. (Some of my old friends were Trotskyists who believed that a well-crafted slogan or a new (improved!) version of the transitional program could spark a prairie fire -- though I

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread David B. Shemano
Jim Devine writes: hey, let's reduce the mandatory time to 6 hours per day (4 days a week, with mandatory 4 weeks of paid vacation)! there, I've said it. Why aren't all the people in the media and the business world listening, and then obeying me? perhaps it's because it goes against their

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread Jim Devine
me: hey, let's reduce the mandatory time to 6 hours per day (4 days a week, with mandatory 4 weeks of paid vacation)! David B. Shemano wrote: Why so reactionary? I raise you to 3 hours per day, 2 days a week, and 8 weeks of vacation. Wait, why am I so reactionary? I raise me to no work,

[PEN-L] How Wall Street blew itself up

2008-01-21 Thread Louis Proyect
http://www.counterpunch.com/martens01212008.html

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread David B. Shemano
Jim Devine writes: Why so reactionary? I raise you to 3 hours per day, 2 days a week, and 8 weeks of vacation. Wait, why am I so reactionary? I raise me to no work, period, plus 52 weeks paid vacation. Let the robots do all the work. There's an example of the small-business

[PEN-L] Wallowing in filth

2008-01-21 Thread Louis Proyect
http://www.marxists.org/archive/marx/works/1872/housing-question/ch03.htm When one observes how here in London alone a greater quantity of manure than is produced by the whole kingdom of Saxony is poured away every day into the sea with an expenditure of enormous sums, and when one observes what

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread Jim Devine
David B. Shemano wrote: ... Play along. I find it ironic somebody just posted another article about the stupidity of the Laffer Curve (lower rates, more revenues), while the topic under discussion seems to be a Laffer Curve analog: less hours, more productivity. If you find my post

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread raghu
On Jan 21, 2008 11:57 AM, David B. Shemano [EMAIL PROTECTED] wrote: Why so reactionary? I raise you to 3 hours per day, 2 days a week, and 8 weeks of vacation. Wait, why am I so reactionary? I raise me to no work, period, plus 52 weeks paid vacation. Let the robots do all the work. Oh

Re: [PEN-L] Wallowing in filth

2008-01-21 Thread Michael Perelman
Thanks for this. Could you please send me the article. I am preparing a paper to deliver at Yale at the end of Feb., but I need to send them a copy right away. I would like to incorporate this article. Our library does not subscribe. I don't either. Thanks. -- Michael Perelman Economics

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread Michael Perelman
David's comment about supply side economics made me rummage through my notes. Here is John Edwards' employer on taxes. The last line, as they say, is priceless. Griffin is an exception, since he is not interested in money, but in creating wealth for the community and the sheer joy of working.

[PEN-L] News from them that's doing: Japanese Tailing, Surveilling Sea Shepherd After Altercation Off The Australian Coast As Australia Stands By… But Not Silently

2008-01-21 Thread Leigh Meyers
Sea Shepherd has a 'Posse': Flight spies on Japan whaling Andrew Darby, Hobart January 22, 2008 THE Australian Government has flown its first surveillance mission as forces step up around the Japanese whaling fleet in the Antarctic. The flight, by an extended range Airbus, together with the

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread Eugene Coyle
These posts by Shemano and Devine seem even more ignoraznt and superficial than many of my own. 1. Devine calls cutting hours utopian which I read as a synonym for unattainable. Yet hours have repeatedly been cut in the USA, from 60 or more to fifty, to forty. From the six day week to

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread Jim Devine
Eugene Coyle wrote: 1. Devine [i.e., yours truly] calls cutting hours utopian which I read as a synonym for unattainable. NO! I'm sorry if my prose isn't crystal-clear, but I said that the democratic determination of how many hours of work people do every year (or month or week) was utopian.

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread Eugene Coyle
Jim, Just addressing your remark re Korea, it doesn't look as if you are current with practice there. On Jan 21, 2008, at 5:17 PM, Jim Devine wrote: Lowering hours by having the Korean workforce organize a large number of strikes is not the same as government policy doing it. The

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread Sandwichman
On 1/21/08, Jim Devine [EMAIL PROTECTED] wrote: I study policy proposals as a way of understanding (1) what currently-influential politicians are advocating and (2) what options are open to the capitalist class. That is funny. My research on the question of shorter working time arose initially

Re: [PEN-L] Time as a stabilization policy tool

2008-01-21 Thread Sandwichman
As I write this, the Nikkei index is down 4.4 percent after dropping 3.9 percent Monday. The Hang Seng index is down a total of 10.7 percent for the two days. Dow Jones futures are down 436 points or 3.6 percent, the SP 500 futures are down 4.3 percent. It seems, pardon the expression, somewhat