At 13:37 13/06/00 -0700, you wrote:
they are supposed to show that capitalism is not the capitalism of free
trade.
Mine Doyran
SUNY/Albany
So do you refuse to give answers to my questions?
Brad DeLong
Although there are strong monopoly features in global capitalism, these
figures do not
28.05.2000
Opera Nuremberg: Richard Wagners Mastersingers of Nuremberg
The Mastersingers without anti-fascist rituals
No other opera is so closely connected with German history - and so
incriminated by it - as the mastersingers. Nietzsche saw something German in the
best and the worst
This article might not be that good, but the idea of the
bureaucratization of information, what they call the hardening of
information, struck me as interesting.
"Information Production and Capital Allocation: Decentralized vs.
Hierarchical Firms"
BY: JEREMY C. STEIN
Jim Devine has referred to Wynne Godley's 7 unsustainable processes
before. Does anybody else have any opinions about the article?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
At 10:05 PM 6/14/00 -0700, you wrote:
this fellow got a McArthur grant yesterday. Anybody know of him?
Matthew Rabin
I read an article he had in the JOURNAL OF ECONOMIC LITERATURE, which
surveyed the psychology literature that he deemed relevant to economists.
It was quite competent and
(this was: Re: [PEN-L:20219] Re: Re: Re: sacred American art forms III)
At 11:37 PM 6/14/00 -0400, you wrote:
The theory underlying MFY's work on juvenile delinquency derived from work
by Cloward and Lloyd Ohlin--in particular, their 1960 book Delinquency and
Opportunity: A Theory of
H-NET BOOK REVIEW
Published by EH.Net (May, 2000)
Michael Perelman. _The Natural Instability of Markets:
Expectations, Increasing Returns, and the Collapse of Capitalism_.
New York: St. Martin's Press, 1999. xiv + 188 pp. $39.95 (cloth),
ISBN 0-312-22121-5.
Reviewed for EH.NET by Thomas E.
Brad De Long wrote:
IP protections can create value; IP protections can destroy value;
they can raise the profit rate; they can raise or lower the real
wage...
How can they raise the overall profit rate? Obviously they can raise
individual profit rates, but by what mechanism do they boost
I read it a while ago, and thought it was pretty persuasive, but I'd be
interested in any critiques.
Joel Blau
Michael Perelman wrote:
Jim Devine has referred to Wynne Godley's 7 unsustainable processes
before. Does anybody else have any opinions about the article?
--
Michael Perelman
New York TIMES / Sunday, June 11, 2000
RECKONINGS / By PAUL KRUGMAN
The Last Refuge
On Wednesday Judge Thomas Penfield Jackson ordered a breakup of Microsoft
along the lines proposed by the Justice Department. In so doing he in
effect dismissed concerns [such as those expressed by PK
From the profile of Mathew Rabin:
Rabin has
demonstrated particular strength in
distilling from psychological research those
insights that can be modeled
mathematically.
The wider conventional basis of the dominant approaches of both psychology
and economics is "physics envy". The profile
At 02:35 PM 6/15/00 -0400, you wrote:
From the profile of Mathew Rabin:
Rabin has
demonstrated particular strength in
distilling from psychological research those
insights that can be modeled
mathematically.
The wider conventional basis of the dominant approaches of both psychology
Michael Perelman wrote:
I agree with Jim's first point.
Jim Devine wrote:
1. Actually, I'd _agree totally_ with Doug's statement -- unless the rise
of IP has changed the ability of capitalists to depress real wages via
monopoly pricing (i.e., unless somehow the rise of IP strengthened
Let me start out by saying that I have no doubt that intellectual property
increases surplus value, just as if the entire economy consisted of a region, such
as San Francisco, which experienced a rapid increase in rents, surplus value
increased relative to what goes to labor.
Doug asks for
Forwarded from Mat Forstater
I think Wynne's work is extremely important. Let's think about
his study in the context of Gore's promise yesterday or the day before
to
continue and even accelerate along the path of fiscal austerity, while
boasting that running surpluses and paying down the debt
Michael Perelman wrote:
Let me start out by saying that I have no doubt that intellectual property
increases surplus value, just as if the entire economy consisted of
a region, such
as San Francisco, which experienced a rapid increase in rents, surplus value
increased relative to what goes to
I thought that I answered this before using the logic that I find
reading LBO. To the extent that intellectual property protection
confers the ability to mark up goods, workers must labor more hours to
buy the same goods, leaving more hours available for surplus value.
Doug Henwood wrote:
I have never denied the effect of the weakening of labor. I am merely stating that
IP represents an additional force, which is becoming stronger, just as capital may
have pushed labor down in the US as far as it can go -- the last thought is a
speculation, not even a firm belief.
Doug Henwood
Michael Perelman wrote:
I have never denied the effect of the weakening of labor. I am
merely stating that
IP represents an additional force, which is becoming stronger, just
as capital may
have pushed labor down in the US as far as it can go -- the last thought is a
speculation, not even a
Michael Perelman wrote:
I thought that I answered this before using the logic that I find
reading LBO. To the extent that intellectual property protection
confers the ability to mark up goods, workers must labor more hours to
buy the same goods, leaving more hours available for surplus
Ted Winslow wrote:
[snip]
The wider conventional basis of the dominant approaches of . . .psychology
...economics is "physics envy". The profile identifies "psychology" with
the "behavioral" approach to it now dominant.
And the conventional alternative to this might then be called
Jim wrote:
The article that I read by Rabin was hardly mathematical, though one might
say that his biases are toward behaviorism rather than toward
psychoanalysis. But I think that it's a mistake to condemn the guy based on
a minuscule profile. (hey, my profile ain't so hot either. It
Actually Carrol one of the main "lit-crit" approaches, that grounded in
Foucault/Lacan, looks to me to share ultimate premises with the orthodox
approaches to economics and psychology.
Here is a passage from Lacan on "mathematization" taken from a web site
"devoted" to his writings.
"(...)
Ted Winslow wrote:
"(...) Mathematization alone reaches a real - and it is in that respect that
it is compatible with our discourse, analytic discourse - a real that has
nothing to do with what traditional knowledge has served as basis for, which
is not what the latter believes it to be,
I do *not* remember getting this message because my account was
full so Brad's question probably bounced back. Can you repost the
rest of your post?
Chris, I understand what you say but the article is not suggesting that
the world economy is charecterized by monopoly capitalism.
This not my
( 2. edition, after clarification and amendment on basis of
netters' comments )
REINFORCE, EXPAND AND UNIFY THE
GLOBAL RESISTANCE MOVEMENT !
The next necessary step to maintain the momentum of,
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victories in Seattle, Washington
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All material is taken directly from published and copyright wire service
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For more news go to http://www.worldbank.org/news
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BLS DAILY REPORT, THURSDAY, JUNE 14, 2000
RELEASED TODAY:
CPI -- On a seasonally adjusted basis, the CPI-U rose 0.1 percent in May
after registering no change in April. The energy index declined 1.9 percent
in May, the same as in April. In May, the index for petroleum-based energy
fell
Again, IP is not the sole determinant. You might say, if you were to imagine an
IP-only explanation, that it fueled the stock market boom, which allowed wages and
profits to both increase. Again, we don't have the data, but the rising wages
would be consistent with a higher rate of
Alex Cockburn's father is quoted to have said that he did not believe anything until
it is
officially denied.
Anthony DCosta wrote:
A Bank official also denied that the institution was being leant on by US
Treasury Secretary Lawrence Summers, notes the Guardian.
--
Michael Perelman
Carrol Cox wrote:
Symbols are intentional. Hence there must always
be a non-symbolic action "behind" any symbol.
But you can't touch it, can you? It's always perceived as a symbol,
no matter how hard you try. "One day I complained about the
periphery/that it was thickets, hard to get around
Doug Henwood wrote:
But you can't touch it, can you?
No, you can't "see" or "touch" any relation, even (say) the relation
of your hand to your spoon as you stir your coffee. So?
Carrol
It's always perceived as a symbol,
no matter how hard you try. "One day I complained about the
June 14, 2000 / New York TIMES
RECKONINGS / By PAUL KRUGMAN
Death and Taxes
(long ellipsis)
PK discusses the recent US Congressional phased-in abolition of the estate
tax, a tax that only hits the very rich. It has not yet been ratified by
the Senate.
PK concludes: But if you believe
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This column is the linear descendant of articles such as "The Rich, The
Right, and The Facts," which nailed the right on growing inequality when
Krugman wrote it for The American Prospect five or six years ago.
But as always when he tilts liberal, one gets the feeling that the latent
Greetings Economists,
Carrol Cox writes in brief,
Carrol,
No, you can't "see" or "touch" any relation, even (say) the relation
of your hand to your spoon as you stir your coffee. So?
Doyle
While a little off topic, there is a relationship between what you are
saying above about "see" or
IP can raise the profit rate, complementing the weakness of labor. But
what is IP? It is an institutional arrangement to appropriate
"knowledge" for capitalists' gain. IP is directly related to
technological change, a process which in cumulative fashion pushes for
more IP. The reason is
First of all, I want to thank everybody who has responded to this. It has been very
useful to me.
There are enormous differences in the rate at which IP information dissipates.
Copyrights now last 70 years. Patents, 20. Patents used to be given for processes
in the production of chemicals,
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