You mellifluous beast, you!

On Tue, Jun 26, 2012 at 11:42 AM, Max Sawicky <[email protected]> wrote:

> Calumny.  I've been told my tones are quite mellifluous.
>
>
>
>
> On Tue, Jun 26, 2012 at 10:05 AM, Louis Proyect <[email protected]> wrote:
>
>> http://www.thenation.com/article/hip-heterodoxy
>> Hip Heterodoxy
>> Christopher Hayes | May 24, 2007
>>
>> It's a Friday night in January, and I am searching for a free
>> drink among 9,000 economists. Every year a sizable portion of the
>> nation's economists descend on some lucky city for the Allied
>> Social Science Associations Annual Meeting, the economics field's
>> largest gathering, a kind of carnival of suits and supply curves.
>> Most academic disciplines have a similar annual convention, but no
>> other can boast the same influence on American politics and
>> policy--after all, Presidents don't appoint a council of
>> anthropological advisers. It doesn't take long for mainstream
>> academic thinking to become the foundation for the government's
>> macroeconomic policy. In 1968 Milton Friedman, then president of
>> the American Economics Association (AEA), devoted his presidential
>> address to arguing against Keynesian meddling in the economy and
>> for a monetary policy focused on restraining inflation. A decade
>> later, his prescriptions would be largely adopted. In 2005 onetime
>> Reagan adviser Martin Feldstein called for Social Security
>> privatization just as Republicans in Washington were mobilizing
>> (unsuccessfully) toward the same end.
>>
>> This year's conference attendees are packed into the mammoth
>> glass-and-brick Chicago Hyatt. On the second evening, I come
>> across two receptions facing off across a basement hallway. If you
>> wanted to get a sense of the status hierarchies of the profession,
>> this was a perfect tableau. On one side, a reception in honor of
>> the impending rebroadcast of the late Milton Friedman's famed
>> miniseries Free to Choose, a wildly successful bit of
>> laissez-faire propaganda now set to reach a new generation of
>> unsuspecting blue-state audiences. The room is packed and festive,
>> with several Nobel laureates milling about, chicken satay skewers
>> available for noshing and an open bar. (A man behind me in line
>> complains of the free drinks that "Milton wouldn't approve!
>> Because we're not getting the true price of the drinks.") Across
>> the hall, a reception hosted by the Economic Policy Institute
>> (EPI), a left-liberal Washington think tank that advocates
>> policies--higher minimum wage, easier paths to unionization,
>> social insurance--that are in almost every detail the opposite of
>> everything that Friedman stood for. In that room, perhaps thirty
>> people gather, picking at the cheese cubes and shelling out $6 a
>> drink at the cash bar. The EPI's Max Sawicky, an imposing presence
>> with a long gray ponytail and growling voice, tells me the turnout
>> is better than usual.
>>
>> After grabbing a free drink in the Friedman reception, I strike up
>> a conversation with economist Michael Perelman in the hallway.
>> Balding, with long gray hair, he has the intense, unblinking mien
>> of a self-published science fiction writer, or a former grad
>> student of Timothy Leary's. Perelman, who is there for the EPI
>> reception, works at the margins of the discipline; he is one of a
>> few hundred self-described "heterodox" economists at the
>> conference. His last book, Railroading Economics, was about the
>> creation of the "free market mythology," and his next book is
>> titled The Confiscation of American Prosperity: From Right-Wing
>> Extremism and Economic Ideology to the Next Great Depression. I
>> ask him about how he relates to the so-called mainstream of his
>> profession. "It's a mafia," he says quietly, his eyes roving over
>> to the suits spilling out of the Freedom to Choose room.
>>
>> (clip)
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-- 
Cheers,

Tom Walker (Sandwichman)
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