Barter makes comeback in Argentina

2001-05-06 Thread Louis Proyect
NY Times, Sunday, May 6, 2001 To Weather Recession, Argentines Revert to Barter By CLIFFORD KRAUSS BUENOS AIRES, May 5 — By the standards of most Latin American countries, Pedro Pérez hardly looks like a charity case. He wears a handsome sports watch and a thick gold wedding ring. His hair is

Re: CA energy crisis -- one solution

2001-05-06 Thread Andrew Hagen
I wonder what would happen to California if it became a ward of the IMF and the World Bank? It would probably be forced to sell off its public assets, like the LA municipal power plant, and all the water companies. Then, California would be forced to take a high interest loan to keep paying the

Re: Re: Query on Terminology, was ... textbook

2001-05-06 Thread Michael Pollak
On Thu, 3 May 2001, Jim Devine wrote: The problem with the standard model of MC is that (1) it assumes that all firms have the same cost structure (even though they produce different products); and (2) it focuses on equilibrium, ignoring the process. Are there a good books that develop a

the enemy's stuh tis'tiks

2001-05-06 Thread Tom Walker
The word statistics refers to three distinctively different things: the science that deals with the collection, analysis, and interpretation of numerical data, often using probability theory, the data themselves and a branch of political science dealing with the collection of data RELEVANT TO A

Re: Re: Re: Query on Terminology, was ... textbook

2001-05-06 Thread Michael Perelman
Michael, I have to disagree with you. The MBA approach is far more realistic than the MC approach. Michael Pollak wrote: On Thu, 3 May 2001, Jim Devine wrote: The problem with the standard model of MC is that (1) it assumes that all firms have the same cost structure (even though they

Re: Re: Re: Re: Query on Terminology, was ... textbook

2001-05-06 Thread Michael Pollak
On Sun, 6 May 2001, Michael Perelman wrote: Michael, I have to disagree with you. The MBA approach is far more realistic than the MC approach. I don't disagree. I was referring to Jim Devine's implied non-standard model of MC that made up for the normal MC shortcomings and made it dynamic.

Women better with stocks

2001-05-06 Thread Ian Murray
http://washingtonpost.com/wp-dyn/articles/A47320-2001May5.html Unconventional Wisdom Boys Will Be Boys By Richard Morin Sunday, May 6, 2001; Page B05 Men believe they're better stock traders than women. Men expect a better return on their investment than do women who trade stocks. Men are more

Common Sense Economics

2001-05-06 Thread Ian Murray
http://www.latimes.com/news/comment/20010506/t38099.html Sunday, May 6, 2001 | Print this story Inflation Is More Than Mere Mirage Isn't it truly bizarre that during a year when housing costs have risen 25%, the price of gasoline has risen 50% and the price of electric power has

Re: Women better with stocks

2001-05-06 Thread Carrol Cox
Ian Murray wrote: But when it came to trading, the clear winners were women, they found. Men were far more likely to frantically trade stocks -- and far more likely to see the value of their portfolios drop as a consequence. More on the trickiness of statistics. Some information I

Re: Common Sense Economics

2001-05-06 Thread Michael Perelman
Surely the tax cut will more than offset these price increases. On Sun, May 06, 2001 at 11:42:50AM -0700, Ian Murray wrote: Inflation Is More Than Mere Mirage Isn't it truly bizarre that during a year when housing costs have risen 25%, the price of gasoline has risen 50% and the

Re: Re: CA energy crisis -- one solution

2001-05-06 Thread jdevine
And if there was any hint that the state was going to buy out the power company, I believe the CIA would start funding paramilitary groups hiding out in the moutains. and believe me, such groups already exist (and I doubt that the CIA would have scruples about helping neo-Nazis, since they've

Re: Women better with stocks

2001-05-06 Thread jdevine
Men believe they're better stock traders than women. Men expect a better return on their investment than do women who trade stocks. Men are more likely than women to think they're smarter about stocks than other people. Well, guys are wrong, wrong and wrong, say two economists who have

RE: Re: Re: CA energy crisis -- one solution

2001-05-06 Thread Max Sawicky
It's worse than you all think. They would send radio signals thru the receivers in your fillings and you would vote to re-privatize. If they hadn't picked up Valis he would be here to tell you. mbs And if there was any hint that the state was going to buy out the power company, I believe