While it was true that there was one utility function, daddy's, there was one
utility function because daddy was the altruist and it was in everyone's
interest to maximize daddy's utility. So, while the 'rotten wife' and
'rotten kids' might want to maximize their own utility to the detriment of
t
The July 3 presidential election in the Russian Federation was
the final act in a long process of capitulation by social
democracy in the Soviet Union to the aims of the bourgeoisie. The
Communist Party of the Soviet Union began to degenerate into
social democracy in the mid-fifties. The long roa
On Mon, 8 Jul 1996, Terrence Mc Donough wrote:
> The problem with lower income doesn't really have directly to do with
> lower levels of consumption. Below some minimum, a lack of income
> will mean exclusion from normal social interaction. To take a simple
> example, in Ireland not being
Monday July 8 4:54 PM EDT
Turkish Legislators OK Islamist-Led Coalition
ANKARA (Reuter) - Turkey's Islamist-led coalition government narrowly
won a confidence vote in parliament on Monday, confirming power for
Prime Minister Necmettin Erbakan of the Islam-based Welfare Par
Barkley writes that Gary Becker's book on the family >>had the
wonderful assumption that the family has a single utility
function, namely that of Daddy.<<
If this assumption is true, how could his wife commit suicide?
The only answer is that he wanted her to die! There's no statute
of limitat
I may be wrong, but I think that Becker's wife's
suicide and his article all predated 1980. In fact,
my memory is that the suicide followed by not too long
his book on Economics and the Family (don't remember
exact title) which came out around 1961 or so. GB is
an old coot. That book had t
RE: The attached posting:
There is a tendency among certain sects on the Left to think that the
workers do not have brains on their own and cannot think for themselves,
until the brave revolutionaries liberate them from the yoke of false
consciousness they have been imbued with by the bourgeois p
Mea Culpa.
Yes, it was _Robert_Lucas'_ ex-wife whose expectations were
rational enough to get a clause in their divorce agreement so
that she could get a chunk of his Nobel loot. I still think we
should investigate whether she bribed the Nobel committee
(because that clause was about to lap),
Wojtek Sokolowski writes:>>There is a tendency among certain
sects on the Left to think that the workers do not have brains on
their own and cannot think for themselves, until the brave
revolutionaries liberate them from the yoke of false
consciousness they have been imbued with by the bourgeo
Although recycling is an important activity that we all should
participate in as much as possible, the most crucial problem is the cycle
itself, both production and ecological. Analogously, if the core of the
problem relates to the use of an internal combustion engine (here a
metaphor for capi
E N NOOOE
E NN N O O D D E
=== N N N O O D D
E N NN O O D D E
E N NOOOE
===
E N NOOOE
E NN N O O D D E
=== N N N O O D D
E N NN O O D D E
E N NOOOE
===
Having been involved in gossiping on this list
before, I think that Jim D. is incorrect about one of
Becker's wives having a clause about his Nobel money
that had nearly run out when he got it. That was true
of Robert Lucas, although it is possible that it was
the case for Becker as well, al
To Tavis Barr:
I'm only back on Monday too, so here goes.
The answer to why we can criticize cuts in welfare benefits
etc. can arise from an "anomoly" known as the "endowment
effect." This is a kind of asymmetry in preferences that
seems to hold for many people that amounts to "having some
Jim; Thanks for the info. However, the wife that got dibs on the nobel
prize (two weeks before the clause expired) was last year's nobel prize
winner, not becker. I forget the name of last year's winner -- it doesn't
really matter, he was a HE and from the Chicago school, just like all the
othe
maggie coleman writes:>> Jim mentions that Gary Becker's wife
committed suicide. I have been told this before. Did she commit
suicide before or after he won the nobel prize?<<
before. The one that was able to garner a big chunk of Becker's
ill-gotten gains was a second or third (or maybe even
While I agree with the general point that happiness is not well
correlated with consumption, I wouldn't take surveys of Americans'
levels of happiness too seriously. In America, to admit to being
unhappy is to admit to personal failure.
Here in Ireland, to claim to be happy is to raise suspic
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