address there and hitting the button will take you to a
that
will let you click a button to get your password e-mail to you.
-- Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
before.
- Original Message
From: Michael Perelman [EMAIL PROTECTED]
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
responsible for the rise in food prices?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
Have many already lost their land?
On Mon, Feb 18, 2008 at 02:24:24PM -0500, Max B. Sawicky wrote:
If prices rise, doesn't it put some of the marginal corn producers back
in the game?
I'm thinking about Mexico.
--
Michael Perelman
Economics Department
California State University
Chico, CA
.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
A very troubling report:
http://cas.umkc.edu/aaup/facadv23.html
--
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
was that interested in discussing things.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
Michael sent this article about new developments in Venezuela to the new
address,
which does not work till Friday @ 5 Pacific time.
http://www.greenleft.org.au/2008/740/38297
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael
will use its recent spurt and development to
quickly
lift impoverished population up and improve the environment, but I, for one,
still
remain skeptical.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
several people have written to ask about the new address. It will be
[EMAIL PROTECTED]
Everyone currently subscribed is supposed to automatically be
transferred to the new list.
--
Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
I am very interested in this exchange -- even more so if Marty jumps in.
Please try
to keep the temperature down, but I think that we can benefit from tapping
Eric's
expertise, especially because his views are in the minority here.
--
Michael Perelman
Economics Department
California State
/Content?oid=623337
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
David Shemano sent a funny explanation of the subprime crisis. He kindly asked
if
he should post it to the list, but it is far to big for most mailboxes.
I put a link to it here.
http://michaelperelman.wordpress.com/2008/02/15/a-subprime-primer/
--
Michael Perelman
Economics Department
Pen-l is moving
The school is putting us on a new server as of five o'clock Pacific time 22nd
February. Everything will be the same except that the new address will be
[EMAIL PROTECTED]
After that, only messages with the new address will reach the list.
--
Michael Perelman
Economics
Carroll should not have rekindled this.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
, in other words:
http://en.wikipedia.org/wiki/Heinrich_Br%C3%BCning
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
mass action. The sole purpose of the
Democratic Party is to preempt such action by promising pie in the sky.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
I was both surprised disappointed that Goolsbee hooked up with the DLC. The
papers
of his that I have read have been interesting, but non-political. An a
Bonesman to
boot!
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael
navigate this system.
Clarke, of the Department of Defense, said it is simply off-base to compare
what
was offered to World War II veterans to the situation today. There was no
concern
about retention rates back then, he said; rapid demobilization was the order of
the
day.
--
Michael Perelman
of the California rice
industry in the 1960/70s when it helped urge along the war in Viet Nam
to destroy that region's competitive rice economy.
Dan Scanlan
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
.
Koblitz (1981) had noted: Mathematics can be used to mystify and
intimidate rather than to enlighten the public.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
everybody.
On Thu, Feb 07, 2008 at 05:30:37PM -0500, Charles Brown wrote:
Who just me ?
Michael Perelman [EMAIL PROTECTED] 02/07/2008 5:20 PM
Be nice.
On Thu, Feb 07, 2008 at 05:14:01PM -0500, Charles Brown wrote:
But you are not tired of being offensive ?
--
Michael Perelman
Be nice.
On Thu, Feb 07, 2008 at 05:14:01PM -0500, Charles Brown wrote:
But you are not tired of being offensive ?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
think it is Hillary.
More than anyone else, she has the potential of finally proving the emptiness
of the
Democratic Party to the general public.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
I had Kerry, but left out Dukakis. Bill Clinton, for all his faults, could be
charming, but these others
On Wed, Feb 06, 2008 at 11:24:23AM -0500, Doug Henwood wrote:
On Feb 6, 2008, at 10:55 AM, Michael Perelman wrote:
More than anyone else, she has the potential of finally proving
was the most effective thing she did.
On Wed, Feb 06, 2008 at 11:47:50AM -0500, Charles Brown wrote:
CB: Is the emptiness of the Democratic Party the lack of charm of its
presidential candidates ?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel
/SB120190701069036633.html?mod=home_we_banner_left
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
. Spanish-language newspaper, I am said something
like the following (my translation, based on an on-line translation
service and my memory of what I said):
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
I invited Minsky to Chico. I think everybody here -- even the conservatives --
appreciated his visit.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
falls outside of the typical economic measures, along with wait
time
on the telephone, standing around in a store until a clerk comes your way, long
commutes, and interminable security checks before an uncomfortable and often
late
plane ride.
--
Michael Perelman
Economics Department
California
People should be more respectful here. You can disagree, but there is no need
to
reprimand others for their ideas.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
depended on credit, the absence of which would
have
limited economic growth.
After the early 1970s, when the great burst of inequality began, the dependence
on
credit as an engine of economic growth became more extreme.
--
Michael Perelman
Economics Department
California State University
Chico, CA
Shane Taylor posted an alert on LBO about Daniel's latest. It is, as usual, a
dandy one.
Of Development and Debt
by Daniel Davies
http://crookedtimber.org/2008/01/25/of-development-and-debt/
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
to
the domestic rich, might be likely to fall behind, although an economy like
Dubai
with some trendy cache might prosper -- until some newer, more trendy spot pops
up.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
I don't think that Dubai has that much oil. It was historically an entrepot.
It is
close to Iran. It made big bucks during the last Iraq war.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
reason to reduce the toxic impact of people that they impact.
Instead,
they can agree to shut down some already defunct Russian factory.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
How outrageous are the tax cuts? All I am seeing concerns the checks sent to
taxpayers.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
will
sooner or later try and corner the market for offsets and increase
costs for everyone else.
One question to ask ourselves: if indeed offsets and taxes are almost
equivalent why does Wall St love offsets so much?
-raghu.
--
Michael Perelman
Economics Department
California State University
.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
needed help.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
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
would not be working this hard.
Uchitelle, Louis. The Richest of the Rich, Proud of a New Gilded Age. New York
Times (15 July).
http://www.nytimes.com/2007/07/15/business/15gilded.html?sq=pagewanted=print
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel
. Perpetual Curse of Lost Luggage. Wall Street
Journal (27
January): p. A 5.
I have not heard whether or not the paper ever hired this contributor.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
radical for even the most liberal of economists or
politicians like Krugman or Nader and I suspect, even many PEN-Lers..
I never understood the case for economic growth in rich countries like
the US: isn't the country rich enough?
-raghu.
--
Michael Perelman
Economics Department
California
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
I believe that it was David McCord Wright, who claimed that there was not much
pump
priming during the Depression because state local government cut back on
spending.
Maybe someone recalls the reference.
Then the military spending kicked in
--
Michael Perelman
Economics Department
What an interesting piece of cultural history! For those of you who overlooked
Lou's
review as a film review, take a look.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
the failures (and occasional successes) of these individual
countries.
At the same time, he provides information about individual radical leaders, as
well
as the literature of these societies. I found it to be a remarkable work.
--
Michael Perelman
Economics Department
California State University
Chico
have not seen anything from Ravi with a cartoon.
thanks,
Doyle
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
of the textbooks.
This effort is expected to help us achieve what the administrators call
excellence.
--
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
://www.bloomberg.com/tvradio/podcast/ontheeconomy.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
I heard James Lovelock compare Kyoto to Chamberlain's Munich -- empty talk
about a
big problem.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
the fictitious persons, who currently
rule
this country, should not be counted as persons.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
I just finished the book. I was impressed, even though there was a bit too much
monday morning quarterbacking -- this leader did too much of that or too little
of
the other.
Have others looked at this book?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
bureaucrats for their own reasons.
Efforts to build such movements must continue, in any case, at all
times, bad or good, to maintain a 'cadre' of activists to react to a
real crisis. Hence left politics just goes trudging on its eay.
--
Michael Perelman
Economics Department
California State
that Ah-nold is
trying to scare everyone enough to get the GOP to break ranks.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
complained that
Colombia is anti-union because it does not protect union members from
rebel violence. Yet the Colombian government notes that all Colombians
suffer from rebel violence - union members actually experience less of
it than the rest of the population.
Is Rogoff willfully ignorant?
--
Michael
the inevitable crisis worse. I use the
analogy
of preventing forest fires, where the fuel builds up, making the eventual fire
worse.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
http://www.truthdig.com/arts_culture/page2/20080110_doug_henwood_on_robert_kuttners_the_squandering_of_america/
Nice job!
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
, hollywood-l list or directly related to the list's topical
agenda.
I would like to believe Louis intended that as a tongue-in-cheek joke.
Leigh
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
:05AM -0500, Louis Proyect wrote:
Please, this is pen-l. It is considered bad form for teachers to give
their thoughts on anything, unless it is Michael Perelman or Jim Devine.
Teachers much prefer to deep lurk unless there is some non-teacher
interloper that disturbs their peace in which case
?
--
Michael Perelman
Why would someone who served under Bill Clinton not have DLC positions?
Matthijs Krul
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
have intervened in:
* how have they fared after our intervention (they here broken down
by region, people/culture, etc)
* how has our behaviour matched our rhetoric and the principles
underlying that rhetoric (that these students probably subscribe to).
--ravi
--
Michael Perelman
But the US hasn't really tried to coerce it into any policies. It mostly bullies
friends.
On Fri, Jan 11, 2008 at 02:50:43PM -0800, Jim Devine wrote:
Michael Perelman wrote:
Our enemies do better: Japan, Germany, Vietnam.
I don't think that Vietnam is doing that well, except in terms
I meant former enemies. Sorry if I was not clear.
On Fri, Jan 11, 2008 at 03:47:29PM -0800, Leigh Meyers wrote:
On Jan 11, 2008 3:16 PM, Michael Perelman [EMAIL PROTECTED] wrote:
But the US hasn't really tried to coerce it into any policies. It mostly
bullies
friends.
Destruction
The United States also had regional cultures, which have now degenerated into a
boring sameness. Raghu and Ravi suggest that this is also happening in India.
I
assume that Hollywood will also blend in a little Bollywood into our domestic
culture here.
--
Michael Perelman
Economics Department
, Michael Perelman wrote:
When I was young, I could hear the different speech patterns
between New Castle and
Butler, about 20 miles about.
Why is that worth preserving?
Doug
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael
At the meetings Dean Baker remarked nostalgically that URPE grew out of
an opposition to people like Samuelson Solow guiding the American Economic
Association.
Samuelson must be a real optimist, speculating in the article about writing 10
years
from now. He is well into his 90s??
--
Michael
be leading the pack in per-capita
affluence.
He was born in 1915.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
or not a recession is coming. Why so much fuss?
Of course one is coming before too long.
Is there so much fuss because quite a few people think something _worse_
than even a severe recession may be coming?
Carrol
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel
was that it reminded me of cotton
candy
-- all fluff.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
I am reviewing his Supercapitalism. It reads like something from the DLC.
When did
he move so far to the right?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
Dean Baker reminded me at the meetings that Mankiw and Hubbard used to do decent
work. There is a problem that as you ascend the ranks, your critical facilities
decline.
Unless, like me, you accomplish the latter without the former.
--
Michael Perelman
Economics Department
California State
Horse race? What about horse sh..?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
. During good times, you will get saving and then tax cuts, which
will
create budget deficits requiring less savings. Grover Norquist would be proud
that
our governor would have turned to state into a bathtub, into which he could
shrink
the state.
--
Michael Perelman
Economics Department
Hear a robot reading from my book, The Invention of Capitalism
http://technorati.com/videos/youtube.com%2Fwatch%3Fv%3DNlwxZHWsiB0
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
everywhere as we approached our house.
Suddenly, the last two houses were dark. So we are left without electricity,
water,
or the ability to use our gas stove.
Sadly, until power is restored, I will not be very active here. See you soon.
--
Michael Perelman
Economics Department
California
. A change in 1999
allowed
temp agencies to dispatch workers to many more types of jobs. And in 2004,
manufacturers were allowed to use workers sent by temporary-help agencies.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael
was trying to do
a dialup connection and bunged up whatever other connection was
desired.
Leigh
On Jan 2, 2008 7:58 PM, ravi [EMAIL PROTECTED] wrote:
On Jan 2, 2008, at 10:50 PM, Michael Perelman wrote:
I am travelling to the econ. meetings. I keep getting Error 623. The
system
Kris Welch interviewed me last week on KPFA. I don't come in until the
last 25 minutes or so. She is a great interviewer and always makes
conversation livelily -- well, as lively as I can be.
http://www.kpfa.org/archives/index.php?arch=24012
--
Michael Perelman
Economics Department
California
the computer.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
of Indian children memorizing multiplication tables far
beyond nine times nine, the standard for young elementary students
in Japan.
And Japan?s few Indian international schools are reporting a surge
in applications from Japanese families.
--ravi
--
Michael Perelman
Economics
it with Sloan's
book.
***
What follows is too long for the list, but the best part comes later at
http://michaelperelman.wordpress.com/2008/01/02/alfred-chandler-and-the-ghostwriters-unappreciated-contribution/
--
Michael Perelman Economics Department California State University Chico, CA
95929
Tel
the time you spend here.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
up
relief legislation after a 1997 tornado because he objected to the
catastrophe?which the bill had called an act of God?being blamed on
the Almighty.
--
Jim Devine / Segui il tuo corso, e lascia dir le genti. (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
--
Michael
and the Nobel Peace
Prize.
Journal of Economic Perspectives, Vol. 21, No. 4 (Fall): pp. 217-28.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
Yes, almost nothing, according to the article. He was interested in showing how
markets work, but free trade, as I understand it, usually refers to
international
trade.
On Mon, Dec 31, 2007 at 06:06:47PM -0800, Jim Devine wrote:
almost _nothing_ about free trade?
--
--
Michael Perelman
consumers
the minute they walk out of your facility.
39: Patients can sign an admission-consent forms that include a
small-print section authorizing the hospital to turn over her account.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E
at 04:38:57PM -0800, Leigh Meyers wrote:
I dunno... Maybe because musicians need to eat?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
in nowadays. The justification has always been that the musician,
writer, inventor etc. need to eat, but surely the real beneficiary, except
in quite rare cases, has been the publisher?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E
about the excessive requirements of
Sarbanes
Oxley.
Now that the subprime mortgage scam is imploding, Sarbanes Oxley has fallen from
notice.
Any thoughts?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
I don't think so.
On Sat, Dec 29, 2007 at 02:32:34PM -0800, Leigh Meyers wrote:
Charles Schwab? is there any connection with the discount broker?
Yes.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
to human welfare.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
, _Technology_and_Culture_, Vol. 29, No. 4,
Special Issue:
Labor History and the History of Technology. (Oct., 1988), pp. 808-838.
The book is a magnificent production. Nasaw had access to material
that nobody else
did.
--
Michael Perelman
Economics Department
California State University
michael
of the creditors have made quite a bit of money off her, but the more
recent
ones will probably be caught holding the bag.
I wonder how common that strategy is.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael
.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
.
-- Michael Perelman Economics
Department California State University Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
. This requirement becomes increasingly difficult
in a
period of rapid that technological change, which devalues existing capital and
creates pressure for replacement.
In Railroading Economics, I make the case that this sort of condition was rule
during
the late 19th century.
--
Michael Perelman
Economics
wrote:
Capitalism was already established in the U.S. when the railroads
were being built, so stealing land, etc., doesn't really qualify as PA.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
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