Re: [PEN-L] Gindin, Brenner and capitalist catastrophe

Right, but some people still argue that capitalism has an ancient legacy. On Sat, Dec 22, 2007 at 06:09:26PM -0800, Jim Devine wrote: Michael Perelman wrote: Capitalism was not establish on a particular date. Some people see capitalism in ancient Sumeria and the like since there were

[PEN-L] More Housing Woes Ahead? Part 1

prices will decline about 13% by the second quarter of 2009 from a peak in the second quarter of 2006. Declines will be much larger in Florida, California, Arizona and Nevada, as well as in the metropolitan areas of Washington, D.C., and Detroit, he said. -- Michael Perelman Economics Department

[PEN-L] More Housing Woes Ahead? Part 2

seeking a loan. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Our Friends in the WTO

of the world's biggest gambling market. The award falls far short of what Antigua had demanded -- $3.44 billion in cross-retaliation, allowing it to seek damages outside the original services sector. Washington had argued Antigua was entitled to only $500,000 in compensation. -- Michael Perelman

Re: [PEN-L] Gindin, Brenner and capitalist catastrophe

I don't think so. Admittedly, the finals weeks have been draining. On Wed, Dec 19, 2007 at 01:49:24PM -0800, Jim Devine wrote: Pen-l's been dead since a lot of the economists' energy has been siphoned over to EconoSpeak. So blame Max. ;-) -- Michael Perelman Economics Department California

[PEN-L] The Payoff From Being Too Big to Fail?

/SB119743338212123099.html -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] History Note: Chico Plane Hijacked to Arkansas

/another-california-first-hijac/ -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Our decrepit food factories

that Pollan succeeds in his call. Remember the case of Upton Sinclair, who wrote regarding The Jungle I aimed at the public's heart, and by accident I hit it in the stomach. 1952. American Outpost: A Book of Reminiscences (NY): p. 175. -- Michael Perelman Economics Department California State

[PEN-L] Radio Interview Today

/kpfk_071216_110100bbriefing.mp3 -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Fed IS footing bill for lenders' crisis (that is, they will make us pay for it)

David forgot to mention that the paragraph after the first quote cites Michael Perelman, who notes certain affinities between Hayek and Marx -- in particular that fictitious capital distorts price signals. Of course, if fictitious capital is a natural part of the market, then prices, contra

[PEN-L] Is Chavez Stupid or does the US think we are?

Why would Chavez send a suitcase full of money to Miami to deliver it to Argentina? Sounds a bit fishy doesn't it? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] PK's lucid column

On Fri, Dec 14, 2007 at 05:43:23PM -0800, Jim Devine wrote: I was most impressed by the closing line: David Brooks is off today. But then, he usually is. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu

Re: [PEN-L] Marx the Austrians [was: Fed IS footing bill for lenders' crisis (that is, they will make us pay for it)

(and movement from the abstract to the concrete) going from volume I's abstract capital vs. abstract labor vision. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Greg Mankiw's blog

lecture: -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Greg Mankiw's blog

, 2007 at 06:35:49PM -0800, Jim Devine wrote: he does not seem as smart as Feldstein. BTW, I combined global search and replace (replacing the asterisks in Mankiw's missive) with a Freudian slip (equating Mankiw with George W (GW).) On Dec 13, 2007 5:57 PM, Michael Perelman [EMAIL PROTECTED] wrote

Re: [PEN-L] embarrassing question

John, I know this is late. In 1977, I calculted that US ag. used more than 10 calories of fuel for each calorie delivered to a US table. Higher energy prices can make some labor intensive activities more attractive, but energy saving technologies can be more capital intensive. -- Michael

Re: [PEN-L] Moral Hazard: Soviet Union

I think this has gone on long enough. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Destroying Science in a Helium Balloon

if helium prices stay at their current levels. If you have a fixed amount in a grant, and you have to spend it all on helium, you don't have anything left over, she says. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael

Re: [PEN-L] Moral hazard

I think it may be time to put this to bed. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Does Wall Street Lead to Socialism?

investment funds and state-owned companies in the emerging world. Privatization is out. Selling private companies . or big chunks of a private company -- to another country.s government (partial renationalization?) is in. -- Michael Perelman Economics Department California State University Chico, CA 95929

Re: [PEN-L] 14th amendment

. How have modern corporations been able to use their particular version of personhood to stand above the law? -- Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901 www.michaelperelman.wordpress.com

Re: [PEN-L] 14th amendment

Rosco Conklin said in the Santa Clara case that gave corporations personhood based on the 14th ammendment that he drafted the ammendment for the benefit of corporations. He was being paid by the railroad at the time of the case and may well have been lying. -- Michael Perelman Economics

Re: [PEN-L] passing shot re the vzlan referendum

Has there been a single reference in the US corporate media to anything like what Michael L. has been reporting? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] On the proper way to learn economics

the mathematics reading room, Tromse University Oksendal, B., 2007. Stochastic Differential Equations (New York: Springer). -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] NAFTA Suits Against Governments

, and the implications of the challenge for tort reform are discussed. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] analysis of Venezuelan referendum?

had not prepared as a political movement sufficient to carry on without him. Admittedly, to do so would have been very difficult, but it is also very important. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael

Re: [PEN-L] Political economy of art and culture

OK. what was the job. Are congratulations in order? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] The Ethics of Elite Professors

/December): p. 78. http://www.02138mag.com/magazine/article/1763.html -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Moral hazard

not need it; e.g., don't give people who are health risks health insurance. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Moral hazard -- and Adverse Selectin.

is to be unwanted, to be used up, and cast away. -- Peter Case (Poor Old Tom). -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] ps. Re: [PEN-L] Moral hazard

What I just wrote does not mean that market based insurance is good. Knowing the data, they cherry pick; people with a difficult medical history will not easily get insured. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael

Re: [PEN-L] Moral hazard -- and Adverse Selectin.

industry should fail under such conditions. -raghu. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Moral hazard -- and Adverse Selectin.

not be that unpredictable. For instance older people over 75 years of age, it is a near certainty they will require some form of medical care in the form of checkups, medicines etc. Even for one individual the probability of medical expenses is large maybe 50%. -- Michael Perelman Economics Department

Re: [PEN-L] Moral hazard

Moral hazard came from the insurance industry. For example, because you have insurance, you may have less incentive to drive carefully. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu

[PEN-L] Handicapping Profits

. Foust, Dean. 2007. Wall Street's Leader Board. Business Week (12 November): p. 102. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Foreclosure help on the way

value. This is a disgrace. -raghu. -- Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901 www.michaelperelman.wordpress.com

Re: [PEN-L] economics in the news!

Devine / Segui il tuo corso, e lascia dir le genti. (Go your own way and let people talk.) -- Karl, paraphrasing Dante. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] A note from a careful observer of US financial conditions

I fancy that the great New York (banking) institutions have more skeletons in their cupboards than anyone yet knows about for certain, and that their concealed anxieties cramp their action more than is admitted. -- Michael Perelman Economics Department California State University Chico, CA

Re: [PEN-L] A note from a careful observer of US financial conditions

: University of Ohio Press). On Mon, Nov 26, 2007 at 05:02:01PM -0800, Leigh Meyers wrote: On Nov 26, 2007 3:40 PM, Michael Perelman [EMAIL PROTECTED] wrote: I fancy that the great New York (banking) institutions have more skeletons in their cupboards than anyone yet knows about for certain

[PEN-L] Rational Expectations and the Housing Bubble

Street Journal (20 April): p. D 3 -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Strip and Flip or Strip and Slip

it. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] launching Working Class Studies Association Website

to be developed. We welcome appropriate content and ideas - please submit to the email addresses on the site. best wishes, Michael Zweig Secretary, Working Class Studies Association - End forwarded message - -- Michael Perelman Economics Department California State University Chico, CA 95929

Re: [PEN-L] Saddam's strategy

and let people talk.) -- Karl, paraphrasing Dante. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Libertarians on the Central Bank

an important, but singular, role to play in the economy. It would provide the currency; entrepreneurs, speculators, and other practitioners of capitalism would provide the rest. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael

[PEN-L] The real trickle down

supply chains have grown so long that some U.S. companies can't be sure where the products they're buying are made or grown -- and without knowing the source of the product, it's difficult to solve the problem. -- Michael Perelman Economics Department California State University Chico, CA 95929

[PEN-L] Really Fictitious Debt

on the dollar to 3/20ths, or higher -- and that has helped spur more aggressive collection tactics. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Retribution, Complex Financialization, and the Law

to foreclose. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] central bank credibility v. transparency

-wing politician. I have never ever supported a return to the gold standard as a solution to anything. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] How is cost-benefit analysis possible?

-- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] How is cost-benefit analysis possible?

decisions Interpersonal comparisons need not be confined to 'all-or-none' dichotomies. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] central bank credibility v. transparency

I had misunderstood Julio before. He is correct that value may exert a graviational force. Price, of course, is something else. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu

Re: [PEN-L] How is cost-benefit analysis possible?

Ken, you might enjoy Ackerman, Frank and Lisa Heinzerling. 2004. Priceless: On Knowing the Price of Everything and the Value of Nothing (NY: New Press). They do not discuss your issue, though. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321

[PEN-L] Economic Imbalances

Look at Figure 2 with the comparison between changes in household debt and the current account balance. I could not figure out how to just copy the figure. http://www.un.org/esa/policy/policybriefs/policybrief4.pdf -- Michael Perelman Economics Department California State University Chico, CA

[PEN-L] more economic imbalances

the carry trade, which is been a major source of cheap finance for speculation. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] central bank credibility v. transparency

I am not sure what you mean. Did nobody here recognize euphoria? On Sun, Nov 11, 2007 at 08:42:48PM -0500, Doug Henwood wrote: People in the financial markets are subject to extremes of volatility. They were euphoric not all that long ago - how seriously did PEN-L take that? -- Michael

Re: [PEN-L] central bank credibility v. transparency

permanence? Just like extreme emotions unglued asset prices from their fundamentals, extreme emotions may be snapping them back in place -- somewhat and temporarily. -- Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530

Re: [PEN-L] central bank credibility v. transparency

. There's not much discussion of what the stock market means in general - unless it's going down and it allegedly presages crisis. Doug -- Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901

[PEN-L] Fictitious Capital and Financial Responsibility

the expenditures. She said the dinner and beverage costs were legitimate business expenses and added that the fund has grown by $15 million since its inception due to interest. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael

Re: [PEN-L] Libertarians on the Central Banks

The Fed can control labor by slowing the economy supposedly w/o a strong government. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] query: Austan Goolsbee

people talk.) -- Karl, paraphrasing Dante. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Very flattering review of my book

Seth did a bang up job on this reivew: The Confiscation of American Prosperity: From Right-Wing Extremism and Economic Ideology to the Next Great Depression Michael Perelman Palgrave Macmillan By Seth Sandronsky Can a recent history of the U.S. economy read a bit like a crime story? Yes

Re: [PEN-L] China's emergent capitalist class

Aren't they counting wealth by stock market holdings at the time of an inflated stock market? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Success in Iraq?

that the Iraqis can realize that we have their best interest in mind. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Democrats about to give Bush another blank check

The outcome is predictable. The Dems will inherit the war unless can manage to find a way to blow the election. They will have to bow to the public and leave Iraq (mostly). Then they will get hammered for losing Iraq. All this for not having a spine a little integrity. -- Michael

Re: [PEN-L] Service Economy Legal Question

of corporate power. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] [EMAIL PROTECTED]: Urgent: Petition to Save Institute for Labor Studies at UMKC]

forwarded message - -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Kuwait : Health and Welfare

://countrystudies.us/persian-gulf-states/19-Health.htm -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Globalization -- A New Twist

Yes, several times more expensive in LA. On Wed, Oct 31, 2007 at 10:41:19AM -0400, Charles Brown wrote: From: Michael Perelman Sorry. There are 2 Chinese prices. The cost of production for the global firms the high cost of the US brands back in China where the sell at a premium

Re: [PEN-L] Globalization -- A New Twist

Sorry. There are 2 Chinese prices. The cost of production for the global firms the high cost of the US brands back in China where the sell at a premium. On Tue, Oct 30, 2007 at 05:14:24PM -0400, Charles Brown wrote: Michael Perelman I just spent the weekend with a pretty high level

Re: [PEN-L] ideology [was: Multiple intelligences]

sterile because they fail to take cognizance of the world outside the academic walls. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] query: individualism and voting

? You mean Downs of the median voter theory? Bill -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Globalization -- A New Twist

mentioned that the shoes were made in China, where they presumably cost far less than in Los Angeles. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Wal-Mart's Efficiency -- In Avoiding Taxes!

of a pun, stemming from the conference room's use by tax-department employees to conduct safety drills for natural disasters such as tornadoes. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu

Re: [PEN-L] Rich and Poor Multipliers Again

. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] The Economic Benefits of the Trickle-up?

My question was about the multiplier from the spending, not the income -- so the MPC is not exactly relevant. I was wondering about the mulitpliers for the goods and services bought by each group. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530

Re: [PEN-L] The Economic Benefits of the Trickle-up?

) 692-5718 http://tinyurl.com/yhjzrm x On Sun, 21 Oct 2007, Michael Perelman wrote: Date: Sun, 21 Oct 2007 09:08:42 -0700 From: Michael Perelman [EMAIL PROTECTED] Reply-To: PEN-L list PEN-L@SUS.CSUCHICO.EDU To: PEN

[PEN-L] Rich and Poor Multipliers Again

would probably mean relatively few jobs per dollar of expenditure; some less prestigious work might mean quite a few jobs per dollar of expenditure; for example, underpaid immigrant nannies. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E

[PEN-L] Edwin Lansdale again

. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Maskin on markets

I rode in a bus with Maskin at an ASSA meeting just after Steal this Idea was published. He seemed very good on intellectual property at the time. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu

Re: [PEN-L] The IMF adopts a new framework for monitoring countries' economic performance

countries what to do or do they just mean the sovereignty of big countries rich enough to hold substantial surpluses? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Al Krebs has died

of the farming sector, with the possible exception of Mark Ritchie. Some of the small farm activists that I know were either romantics or rhetoriticians. Al was neither. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael

Re: [PEN-L] more on Israel attack on Syria

Israel's move was brilliant. If only Rumsfeld had dropped a few bombs on the first day declared that the US had destroyed all traces of the WMDs, the US public might well have believed it. Oh, well, we will do better next time. -- Michael Perelman Economics Department California State

Re: [PEN-L] Whatever Happened to the Efficient Market Hypothesis?

letting go. What's he saying now? Doug -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Savings Glut Conundrum

If there is a global savings glut, why does capital get such a big share of the pie? If finance is so abundant, why is there not great competition for labor, bidding up wages? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael

Re: [PEN-L] Savings Glut Conundrum

, lower interest would cut into a major a source of profit. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Savings Glut Conundrum

your own way and let people talk.) -- Karl, paraphrasing Dante. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Savings Glut Conundrum

with abundance. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Government, Corporations, Money, Power, and Skirting the Law

/14private.html?pagewanted=1hp -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Very Nice Interview about The Confiscation of American Prosperity

I just uploaded a copy of the first interview about my new book on our local NPR station. http://www.archive.org/details/michael.perelman.KCHO_820 -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu

Re: [PEN-L] Imperialist anthropology

_like_ Landsdale working for the CIA (and before that, the OSS). -- Jim Devine / The truth is at once less sinister and more dangerous. -- Naomi Klein. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu

[PEN-L] Whatever Happened to the Efficient Market Hypothesis?

fund later was cut in half, and Mr. Strafaci pleaded guilty to criminal securities fraud. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] Whatever Happened to the Efficient Market Hypothesis?

. In an efficient market, no one would have an edge - there's no such thing as smart or dumb money. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] Irony Alert: Stock Market Punishes American Airline for NOT Going Bankrupt

because of the fact that they haven't been through bankruptcy, said Standard Poor's airline equity analyst Jim Corridore, who has a hold recommendation on the stock. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael

Re: [PEN-L] Amin on Indian fordism and comparison to US fordism

, but these compromises in no way threatened the primary prerogative to manage the production process or to determine the social division of labor. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu

Re: [PEN-L] Amin on Indian fordism and comparison to US fordism

). -- Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901 www.michaelperelman.wordpress.com

Re: [PEN-L] Intangible Wealth

I wonder if someone who works in string theory would be seen as some combination of stupid or immoral as would be the case for a radical economists in an elite economics department. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail

[PEN-L] Blinder Again

of Blinder, Stiglitz, or Akerlof can be regarded as heterodox, one must be extremely careful in order to avoid negative repercussions. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu

Re: [PEN-L] addendum

Congratulations! -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

[PEN-L] A Tangled Web of the Old and the New Economy

?rpc=66symbol=ZAP] -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

Re: [PEN-L] A Tangled Web of the Old and the New Economy

Your review pushed me to get the book. Your review was accurate. On Mon, Oct 08, 2007 at 09:29:45PM -0400, Louis Proyect wrote: Michael Perelman wrote: Franklin, H. Bruce. 2007. The Most Important Fish in the Sea (Washington, DC: Island Press) tells the gruesome tale of the depredation

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