[PEN-L:10244] Query: readings on the (mis?) measurement of unemployment (U.S.)

1997-05-20 Thread Barnet Wagman
I'd like to get up to speed on the measurement of unemployment in the U.S. In particular, I'm curious about whether we could be seeing a longish-run increase in the undermeasurement of unemployment. Obviously, the unemployment rate understates the problem on unemploy- ment, by not adjusting for

[PEN-L:10247] on the mismeasurement of unemployment

1997-05-20 Thread Michael Perelman
I like to think of what might be called the measure of effective unemployment. If workers get placed in positions below their level of competence they may be said to be partially unemployed. For example, if a Ph.D. mathemetician ends up at McDonalds, she might be 95% unemployed. I suspect that

[PEN-L:10249] Re: War and Primitive Accumulation

1997-05-20 Thread Max B. Sawicky
Reply-to: [EMAIL PROTECTED] From: [EMAIL PROTECTED] Subject: [PEN-L:10219] War and Primitive Accumulation In his section on primitive accumulation in volume one of Capital, Marx writes: "The public debt becomes one of the most powerful levers of pof primitive

[PEN-L:10250] Re: planning and democracy

1997-05-20 Thread Max B. Sawicky
From: James Devine [EMAIL PROTECTED] Subject: [PEN-L:10217] planning and democracy Jim dislikes slicing-and-dicing commentary, so I will stick to the Cuisinart approach, for the most part . . . Democratically-elected planners can connive to concoct a plan. A collection of

[PEN-L:10253] The EU: the rhetorical struggle continues

1997-05-20 Thread D Shniad
Trevor: [T]he EU has ...contradictary roots. For example, many of the bourgeois politicians who were involved in promoting the European Community in the 1950s were concerned to ensure that the national divisions which had given rise to two world wars should be overcome. Sid: I grant that

[PEN-L:10255] Re: planning and democracy

1997-05-20 Thread peter donohue
In his THE RISE AND FALL OF STRATEGIC PLANNING, Henry Mintzberg suggests that its proponents characterize planning as "a formalized procedure to produce an articulated result, in the form of an integrated system of decisions." Formalized planning, in this sense, involves decomposing, articulating

[PEN-L:10254] Re: planning and democracy

1997-05-20 Thread William S. Lear
On Tue, May 20, 1997 at 14:52:05 (PST) Max B. Sawicky writes: Democratically-elected planners can connive to concoct a plan. A collection of sub-unites of an economy --geographic, industrial, etc. -- cannot contribute pieces of a plan that some overlord fails to reconcile. If a plan's "locus

[PEN-L:10248] Re: that says it all

1997-05-20 Thread Wojtek Sokolowski
At 08:26 PM 5/19/97 -0700, Mark Weisbrot wrote: "The point is that we and our friends control the keys to the clubs and the treasuries that Kabila will need to tap if he is going to rebuild the country -- the World Bank, the International Monetary Fund, our development funds, and those of

[PEN-L:10245] Re: locality -- loyalty?

1997-05-20 Thread Wojtek Sokolowski
Before I reply to Bill's missive, apologies for numerous typos in my postings, resulting from both my lack of typing skills and my Eudora's lack of a spell-checker (which, ironically, demonstrates that 'institutions' after all matter). I am glad to hear that we agree in principles (which I

[PEN-L:10243] clip'n'save headline...

1997-05-20 Thread Thad Williamson
On p. 3 of today's NY Times: "Capitalism Poses a Moral Problem" (It's an article about Poland.) cheers, Thad Thad Williamson National Center for Economic and Security Alternatives (Washington)/ Union Theological Seminary (New York) 212-531-1935 http://www.northcarolina.com/thad

[PEN-L:10242] Re: The EU: against wishful thinking

1997-05-20 Thread Doug Henwood
[EMAIL PROTECTED] wrote: In a message dated 97-05-15 17:49:44 EDT, you [i.e. me] write: If I get any more self-conscious, I might end up some sort of Hegelian pretzel. Can we get pictures? :-) :-) As soon as I get them I'll put them up on my web site. Personally, I think women are just as

[PEN-L:10241] Memorible Economics Teachers

1997-05-20 Thread jtreacy
Last evening while scanning Walter Cronkite's, "A Reporters Life," p.42 I noted he reported that Bob Montgomery was one of his few turn on Profs. at the University of Texas in the 30's. His remarks that Andrew Mellon was the greatest Sec. of Treasury since Judas made an impression along with the

[PEN-L:10240] Business as usual

1997-05-20 Thread [EMAIL PROTECTED]
Am still awash in existential nausea brought on by the State Dept's appalled discovery, after 32 years of wedded bliss, that Mobutu is one evil dude who should have been hung out to dry in the Sixties. In Dante's Inferno, isn't it the hypocrites that rate the hottest spots?