BLS Daily Report

2001-02-06 Thread Richardson_D
BLS DAILY REPORT, MONDAY, FEBRUARY 5, 2001 __Widespread layoffs in the manufacturing sector pushed the unemployment rate up to 4.2 percent in January, even as employer payrolls grew by 268,000, the Labor Department's Bureau of Labor Statistics reports. BLS Commissioner Katharine Abraham said in

Critique of mathematical economics

2001-02-06 Thread Charles Brown
Looking at "Against Mechanism" by Philip Mirowski, I find about what I said already, that the marginalist revolution starts at about the time of the 'energetics' advances in physics, and the mathematical economists appropriate the 'energy' metaphor in an artificial transposition by 'analogy' to

Re: Re: Re: Re: Re: Re: Re: de Soto

2001-02-06 Thread J. Barkley Rosser, Jr.
Maggie, But George had influence because he was already famous as the author of the best selling book on economics in the US in the nineteenth century. Noboby would have paid any attention to his anti-Chinese rantings if he had not already been famous. And he is famous for what he was

Re: Re: Re: chinese exclusion acts

2001-02-06 Thread Jim Devine
At 09:31 PM 2/5/01 -0800, you wrote: Piece of sectariana on Robert Fogel. He was an editor of a publication that the CPUSA put out briefly in the early 50's, "New Foundations." In the Greenwood Press reprint of Radical publications in the U.S. 1900-1960 series they put out in the early 70's.

Re: Re: Bush's tax cut

2001-02-06 Thread Jim Devine
Andrew Hagen wrote: The Republican line is that the taxes belong to the people who paid them. On that he is technically wrong. Taxes, once paid, belong to ALL the people. It is their power and their right, as filtered through their democratically elected representatives, to decide what to do

anecdotes

2001-02-06 Thread Jim Devine
[was: Re: [PEN-L:7790] Re: chinese exclusion acts] At 05:00 AM 2/6/01 +, you wrote: Thomas Kuhn taught a class on philosophy of science at Tigertown [Princeton?]. He was ill, and had to hand over the teaching to Carl Hempel. The two were different as could be: Kuhn was ... of course

RE: Re: Re: Re: Re: Re: Re: de Soto

2001-02-06 Thread Forstater, Mathew
For some intense anti-Chinese rhetoric, check out union 'hero' Sam Gompers. I heard the movie "Eat a Bowl of Tea" includes some of the Chinese American history Maggie refers to. Mat -Original Message- From: Margaret Coleman [mailto:[EMAIL PROTECTED]] Sent: Monday, February 05, 2001 9:37

RE: Critique of mathematical economics

2001-02-06 Thread Forstater, Mathew
Check out Bruno Ingrao and Giorgio Israel, The invisible hand: economic equilibrium in the history of science, Cambridge, Mass.: MIT Press, 1990. -Original Message- From: Charles Brown [mailto:[EMAIL PROTECTED]] Sent: Tuesday, February 06, 2001 9:48 AM To: [EMAIL PROTECTED] Subject:

Re: RE: Critique of mathematical economics

2001-02-06 Thread Michael Perelman
Mirowski's More Light than Heat is terrific -- except for his anti-Marx part; His new book, Machine Dreams, is magnificent, based on the single chapter I have read. It will appear in july. "Forstater, Mathew" wrote: Check out Bruno Ingrao and Giorgio Israel, The invisible hand: economic

Re: de Soto

2001-02-06 Thread Michael Perelman
Mat mentioned Gompers: Frank, Dana. 1999. Buy American: The Untold Story of Economic Nationalism 49: "Samuel Gompers of the cigarmakers union, who emerged in the 1880s as president of the new American Federation of Labor, liked protectionism, too. But he didn't think it went far enough. "If it

CLEVELAND STEELWORKERS LIVES IN TURMOIL, AS

2001-02-06 Thread Charles Brown
CLEVELAND STEELWORKERS LIVES IN TURMOIL, AS BANKRUPT LTV STEEL FLOUNDERS IN CHAPTER 11 from the CLEVELAND PLAIN DEALER: Relief now, but will it last? Friday, February 02, 2001 By SANDRA LIVINGSTON PLAIN DEALER REPORTER After Jacqueline Chase snagged a job at LTV

Re: Re: Re: Re: Korean news

2001-02-06 Thread J. Barkley Rosser, Jr.
Peter, Well, now John Taylor has been appointed Undersecretary of Treasury for International Economic Affairs. He is reportedly a compromise candidate between the moderate and right wings. He is also no fool. We shall see. Barkley Rosser -Original Message- From: Peter Dorman

Economic Reporting Review, February 5, 2001

2001-02-06 Thread Robert Naiman
Economic Reporting Review By Dean Baker You can sign up to receive ERR via email every week at http://www.cepr.net/columns/subbaker.htm. You can find the latest ERR at http://www.tompaine.com/news/2000/10/02/index.html . ERR is archived prior to August at http://www.fair.org/err/, and after

John Taylor

2001-02-06 Thread Michael Perelman
John Taylor seems to be a very good person. He is not at all dogmatic when you talk to him. Book representatives used to tell me that he was not least arrogant person at Stanford. (I don't think that John Gurley was around very much.) I have not spent more than a few hours with him, but I can

Re: Re: RE: Critique of mathematical economics

2001-02-06 Thread J. Barkley Rosser, Jr.
Well, heck, guess I'll defend the use of math in economics. I happen to enjoy Mirowski's' books and think he makes a lot of valid and useful points. But, I also think that he overdoes it. Mathematics is strictly abstract. It is not valid to look at what it is used for in one

Re: anecdotes

2001-02-06 Thread Justin Schwartz
Yes, but not "so." --jks At 05:00 AM 2/6/01 +, you wrote: Thomas Kuhn taught a class on philosophy of science at Tigertown [Princeton?]. He was ill, and had to hand over the teaching to Carl Hempel. The two were different as could be: Kuhn was ... of course very anti-empiricist. Hempel

Re: John Taylor

2001-02-06 Thread J. Barkley Rosser, Jr.
Michael, I too have a fairly positive impression of Taylor as a person. He seems to be fairly open-minded although definitely very pro-free market, etc. I would note that he has had quite a bit of experience in government. He was some kind of adviser/official (I think at CEA)

RE: Re: de Soto

2001-02-06 Thread Forstater, Mathew
"I have always opposed Chinese immigration not only because of the effect of Chinese standards of life and work but because of the racial problem created when Chinese and white workers were brought into the close contact of living and working side by side..." (Gompers) Herbert Hill writes that

Re: Re: Re: Re: Re: Congo

2001-02-06 Thread Jim Devine
Chris Burford wrote: We are right on the faultline that we debate in different forms: how much should the democratic deficit be overlooked in a country struggling against the dominant imperialism, or when is the dominant imperialism more progressive in that a) it is accelerating the tortuous

Re: Re: Re: RE: Critique of mathematical economics

2001-02-06 Thread Jim Devine
At 01:38 PM 2/6/01 -0500, you wrote: I happen to enjoy Mirowski's' books and think he makes a lot of valid and useful points. But, I also think that he overdoes it. Mathematics is strictly abstract. while reality involves both abstraction and concreteness. Jim Devine [EMAIL

Re: Re: Re: Re: chinese exclusion acts/query on StanleyEngerman

2001-02-06 Thread Michael Pugliese
and Engerman was some sort of New Left firebrand, right? Heh, do I detect irony? Seriously, I dunno. I doubt it. Saw no references to him in Peter Novick's book on historiography and objectivity. Novick was a Schactmanite, btw, in the 50's. The footnotes of the the "That Noble Dream, " book are

Re: Re: Re: Re: Re: chinese exclusion acts/query on Stanley Engerman

2001-02-06 Thread Jim Devine
At 11:30 AM 2/6/01 -0800, you wrote: and Engerman was some sort of New Left firebrand, right? Heh, do I detect irony? no, you don't. I believe Engerman _was_ a New Left firebrand but then "grew up" (as ex-leftists are wont to say). I just don't know the details. Jim Devine [EMAIL PROTECTED]

BLS Daily Report

2001-02-06 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, FEBRUARY 6, 2001 The Labor Department estimates that up to 19 million Americans now work on line from home or some other location outside the office. The typical "teleworker" is a 34 to 55-year-old male, usually in a high-tech, engineering, marketing or professional

Workers hit with one-two punch

2001-02-06 Thread Charles Brown
Workers hit with one-two punch By Tim Wheeler Daimler-Chrysler Corporation's announcement this week that it will eliminate 26,000 jobs is one of many signs that the U.S. economy is sliding toward a recession. The cutbacks will include the closing of six Chrysler plants, five in Mexico and

Re: Re: anecdotes

2001-02-06 Thread J. Barkley Rosser, Jr.
Yes, in the mid-60s, Kuhn and Hempel were both at Princeton. Barkley Rosser -Original Message- From: Justin Schwartz [EMAIL PROTECTED] To: [EMAIL PROTECTED] [EMAIL PROTECTED] Date: Tuesday, February 06, 2001 2:00 PM Subject: [PEN-L:7812] Re: anecdotes Yes, but not "so." --jks At

What economists are saying

2001-02-06 Thread Charles Brown
What economists are saying By Heather Witham Besides reading The Economist, one way to determine thoughts of mainstream capitalist economists is to attend the annual American Economics Association (AEA) convention. This year, approximately 8,000 economists descended upon the streets of New

Re: Re: Re: Re: Re: Re: chinese exclusion acts/query on Stanley Engerman

2001-02-06 Thread J. Barkley Rosser, Jr.
BTW, Robert Fogel's wife is black, which when he was pushed on _Time on the Cross_ was one of his defenses. He and Engerman always defended the book as being a response to the kind of dreamy revisionism of the Old South romantics who argued that the Civil War was not necessary because

Re: Re: Re: de Soto

2001-02-06 Thread Doug Henwood
Jim Devine wrote: Henry George? he was a leftist (of sorts), whereas de Soto isn't (given what I know about his views from the reviews). De Soto told me that he's considered a right winger only by right-wingers in the U.S.; in Peru, he's considered something of a leftist. Don't know if this

Re: RE: RE: The Economic Policy World TurnedTopsy-Turvy

2001-02-06 Thread Brad DeLong
But I don't believe that labor force growth will slow to zero. And I don't believe that productivity growth will slow much either... Brad DeLong mbs: So are you saying there is no long-term problem with the Trust Fund? That the whole raison d'etre for deficit reduction/surplus maximization is

Re: Re: Re: anecdotes

2001-02-06 Thread Justin Schwartz
What does the mid-60s have to do with it? They were there, and so was I, in the mid-late 70s, when the class I described was given. The "not 'so'" meant that they were both wrong, but not because of their ultra- and anti-empiricist attitudes. From: "J. Barkley Rosser, Jr." [EMAIL PROTECTED]

Wealth of wheels puts dealers in bind

2001-02-06 Thread Charles Brown
Wealth of wheels puts dealers in bind Some rent space for unsold cars by MICHELLE KREBS Special to CRAIN'S DETROIT BUSINESS Some Detroit area car dealers, especially those representing General Motors Corp. brands, are bogged down with excess vehicle inventory, forcing them to find more

Re: Re: Re: Re: de Soto

2001-02-06 Thread Nathan Newman
- Original Message - From: "Doug Henwood" [EMAIL PROTECTED] Jim Devine wrote: Henry George? he was a leftist (of sorts), whereas de Soto isn't (given what I know about his views from the reviews). -De Soto told me that he's considered a right winger only by -right-wingers in the U.S.;

RE: Re: Re: Re: Re: Re: Re: chinese exclusion acts/query on Stanley Engerman

2001-02-06 Thread Forstater, Mathew
deja vu all over again...Fogel came to Gettysburg when I was there, he got the Lincoln Prize or whatever they give for civil war related work, his wife was there, he had just received the Nobel... he basically apologized for his earlier work ... really wanted to distance himself from that

RE: Re: RE: Critique of mathematical economics

2001-02-06 Thread Forstater, Mathew
I have seen two or three chapt. of Mirowski's new one, and it will create an even bigger stir than his previous work, and that created quite a stir. re: 'mathematical economics' - (Barkley's 'defense', etc.) - there is a tendency among some to conflate mathematical economicvs with neoclassical

crowding in?

2001-02-06 Thread Jim Devine
[Re: [PEN-L:7826] Re: RE: RE: The Economic Policy World Turned Topsy-Turvy ] Brad writes: And I think lower short rates are worthwhile--I do believe in crowding in, after all... what is "crowding in"? the above seems to be that a larger government surplus (or a smaller deficit) encourages

RE: RE: Re: RE: Critique of mathematical economics

2001-02-06 Thread Lisa Ian Murray
Matt F. I have seen two or three chapt. of Mirowski's new one, and it will create an even bigger stir than his previous work, and that created quite a stir. *** Will it rattle Greenspan's neuron's or help Congress consider restructuring the Fed and the Treasury dept.?? Ian

The Internet Anti-Fascist: Tuesday, 6 Feb 2001 -- 5:8 (#510)

2001-02-06 Thread Paul Kneisel
GET A NEXTCARD VISA, in 30 seconds! Get rates as low as 2.9% Intro or 9.9% Fixed APR and no hidden fees. Apply NOW! http://click.topica.com/aaabh5bz8SnrbAjwjxa/NextCard

OUCH! California Power Lies

2001-02-06 Thread kelley
OUCH! California Power Lies Public Campaign February 6, 2001 - The direction California's 1996 electricity deregulation law was supposed to make consumers' costs go: Down. - Expected hike in residential electricity bills because of a temporary emergency rate increase approved by California's

The best soundbite from the Bushies so far...

2001-02-06 Thread Lisa Ian Murray
http://washingtonpost.com/wp-dyn/articles/A35458-2001Feb6.html I don't believe this society should still be operating with a robber-baron premise as the basis for how we discuss public policy," O'Neill said yesterday. "I think it is really corrosive to have this argument about the rich and the

Re: Re: Re: Re: de Soto

2001-02-06 Thread Anthony D'Costa
My Peruvian friend places him on the right. Anthony xxx Anthony P. D'Costa, Associate Professor Comparative International Development University of WashingtonCampus Box 358436 1900 Commerce

Re: RE: Critique of mathematical economics

2001-02-06 Thread Nemonemini
In a message dated 2/6/2001 12:28:31 PM Eastern Standard Time, [EMAIL PROTECTED] writes: Check out Bruno Ingrao and Giorgio Israel, The invisible hand: economic equilibrium in the history of science, Cambridge, Mass.: MIT Press, 1990. Ingrao and Israel's book is a fine introduction to the

Hernando de Soto

2001-02-06 Thread Sam Pawlett
David Shemano wrote: -- Let me rephrase it this way. De Soto wants to the poor to become "capitalists." The poor aren't capitalists because they have no employees. Schemes for popular entrepeneurship, microcredit, worker-ownership etc. have been used by states

Re: Hernando de Soto

2001-02-06 Thread Sam Pawlett
What would be the difference if the poor were given deeds to their home and business licenses for their black market businesses? I forgot to add that black markets have evolved to _evade_ business licences, deeds and so on (see Patriots and Profiteers by R.T. Naylor). Giving