>From the article Gene sent:
> "When intellectuals talk among themselves, they
> talk in a way that is impossible for a general
> audience to understand," he says. "They may be
> talking about great things, but they're in an
> intellectual alley. Unless we talk to that kid,
> we're just hanging o
The Los Angeles Times February 19 2002
Making Money, the Bush Way
By Robert Scheer
You have to hand it to George Bush the senior for hustle. Back in 1998, he
took at least $80,000 in stock from Global Crossing in return for speaking
for the company in Tokyo. The payment was made as the com
Washington-Backed Coup Plot Update
Associated Press MONDAY, FEBRUARY 18, 2002
CARACAS, Venezuela - A Venezuelan Navy vice admiral demanded on Monday that
President Hugo Chavez resign in the latest show of discontent among the
military top brass with the leftist President's stewardship of t
Does anyone know of a source for consumer satisfaction polls of the US
health care system? According to this article satisfaction with the system
is less than in Canada.
Cheers, Ken Hanly
The Globe and Mail Saturday, January 26, 2002
Canadians reject radical health-care changes:
Most blam
Published on Saturday, February 23, 2002 in the
Toronto Globe & Mail
Shop Till You ... Stop!
by Shawna Richer
Sut Jhally has seen the enemy, and it is ads.
The 46-year-old communications professor at the
Miyachi wrote:
> Most important is that Marx tried firstly to prove
> ability of working class to destroy civil society,
> not tried to explain economical phenomena from
> without. In Japan, from pre-war to 1960', Marxists
> focused mainly market analysis modeled after Stalin's
> dogma. Its obje
The coup in Venezuela should be easy, especially after all the US troops
hit Colombia. I cannot believe what a free ride the spineless Dems. are
giving W.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
In a message dated 2/23/2002 10:47:30 AM Central Standard Time, [EMAIL PROTECTED] writes:
Comment:1) Perhaps I am not clear about whether you are really serious about this or not, but the implications of this are that anyone who is unemployed and or a part of the lumpen elements - is "objectively
G'day Penpals,
> Andrew Carnegie used to follow Rakesh's strategy. It worked for him,
> but then
> the long term trend for steel was very strong. Fiber optic cable ???
Carnagie was no fool. I've thrown the whole $17.60 into arable land
over clean brimming aquifers, geigercounters and cremato
In a message dated 2/23/2002 10:25:27 AM Central Standard Time, [EMAIL PROTECTED] writes:
BTW2, I see that Jonas Savimbi died. He will not be missed.
Jim Devine
Couldn't happen to a better person.
Melvin P.
Here is the key statement in H*'s article that Rakesh mentioned. I
don't think that many of us would expect relative prices to be THE
driving factor. I say this even though I have stressed the importance
of rising wages in promoting modernization.
"Not only the rate of interest but also the rel
Hindustantimes.com
February 23, 2002
Calpers to continue in Southeast Asia private equity, bonds
Reuters
San Francisco , 22-02-2002
US pension fund giant Calpers, which stunned Southeast Asian markets on
Wednesday with a decision to divest stock holdings from four countries, said
on Thursday i
>Where did Hayek use that metaphor?
"The Austrian Critique", The Economist, 11 June, 1983 pp.45-8 as
reported in GR Steele The Economics of Friedrich Hayek. I think
Justin's interest in Hayek only extends to the socialist calculation
debate, not his theory of capital and business cycles?
>
How our consumer tastes change over time is explained by Robin Marris as an
electro-chemical change in the brain. We learn to consume and form habits.
There is a section or chapter on "Demand" in Marris' book Managerial Capitalism
that lays this out in a persuasive way. There is also quite a bit
How many, and/or what percentage of economists are in the last category -- i.
e. "don't know that it's an assumption"?
My guess, and it is just a guess, is that the percentage is somewhat higher
than 99.
Gene Coyle
"Devine, James" wrote:
> > Actually, neoclassical general equilibrium economist
Eric writes >... Strong evidence exists, I think, that ... "utility" becomes
more demanding over time. This is something that the CPI assumes away but is
something very important for determining subjective experiences of the
standard of living in differ times.
>For instance, if you had the EXACT
Grover Norquist will go I'm sure. "Gang of Five, " by Nina Easton
has a bunch of pages on Norquist and Savimbi. Michael Pugliese---
Original Message ---
>From: "Devine, James" <[EMAIL PROTECTED]>
>To: "'[EMAIL PROTECTED] '" <[EMAIL PROTECTED]>
>Date: 2/23/02 11:08:29 AM
>
>Gene Coyle writes:
>Re
one problem is that as you drink more booze, your tastes change (as your
judgement falters). As a result, it sure seems that some of my students get
_increasing returns_ to drinking, until they reach the tipping point
(tippling point?) and bow down before the porcelain god.
JD
Michael wrote,
>
Where did Hayek use that metaphor? Also, I discussed the overlap between H*yek and
Marx before in my Marx book, but the overlap I emphasized was in the relationship
between crises and problems in coordination via the market.
Rakesh Bhandari wrote:
>
> The theoretical point here is--to use Hayek
Michael wrote,
> Let me see if I have this right: if the price of champagne
> increases and I switch to beer, then substitution dampens
> the effect of inflation.
I believe what is involved is the BLS distinguishing between the income and
substitution effects of price changes. As the price of
>[Please forward to your pro-choice friends in Ohio]
Diane,
have you had a chance to read Rickie Lee Solinger's criticism of
framing the fight for abortion rights in terms of choice (there was a
favorable review in the NY TImes review of books a few weeks ago). I
have only read Solinger's firs
I had written:
Krugman [suffers] an astonishing logical lapse here.
He assumes rather than proves that current investment is determined
by either current or expected consumption. Marx refers to this as
the stupid dogma that the aim of capitalist production is consumption.
ok but as consumer
Andrew Carnegie used to follow Rakesh's strategy. It worked for him, but then
the long term trend for steel was very strong. Fiber optic cable ???
Rakesh Bhandari wrote:
> Moreover, for those investment projects that are meant to meet a
> long term trend couldn't a drop in immediate consumpt
[Please forward to your pro-choice friends in Ohio]
"Ironically, abortion opponents voice
safety arguments when their ultimate goal - outlawing abortion - is most
dangerous for women's health"
Anti-choice organizations in Ohio have
introduced House Resolution
196 that would create a group to
Let me see if I have this right: if the price of champagne increases and I switch
to beer, then substitution dampens the effect of inflation. If I switch from a
calculator to a computer, then that change represents an increase in quality and
not an increase in price. I recall Doug's describing
Doug wrote
>All these "technical revisions" have been happening over
> the last few years, and I'll bet this one's been in place for a while.
Undoubtedly given how long the BLS tests things before they introduce it.
But although this revision will reduce the measured inflation rate, it has
ve
All I know is that if one dwells on the topic too long the grammar
begins to look wrong. For example what is the relationship between the
preposition "in", the verb believe and the term God? In this context, the
utility may well be reminding us not to go on at length about the
ineffable. Speaking
Title: Re: [PEN-L:23072] Re: Re: Re: Mommy, what's a
corporat
Btw, the last time I talked to Richard, he suggested the following
piece ought to be looked at by all troublemakers who can get their
hands on it:
ARTICLE
The Thirteenth Amendment Versus the Commerce Clause: Labor and the
Shaping of
Oh, hell, Ravi broke the code. We will have to use something more
sophisticated.
On Sat, Feb 23, 2002 at 12:58:32PM -0600, [EMAIL PROTECTED] wrote:
> Quoting Hari Kumar <[EMAIL PROTECTED]>:
>
> > Sorry to be so elementary folks:
> > But what is "CPI" and "BLS."?
> >
>
> consumer price index?
Gene Coyle writes:
Re Savimbi: Is President Bush going to send Cheney to the funeral or
is he going himself?
He wouldn't send Cheney, because the government needs him (Dick, that is) to
make decisions. So Dubya would go.
JD
Greetings Economists,
I characterized Tom's thoughts as a wiseacre, and the truth in that is
that Tom has a light heartedness, and wit, not wiseacre about him. I enjoy
Tom's comments.
Secondly I acknowledge the seriousness of his comment,
Tom,
[1585-95; < MD wijssager prophet, t
Quoting Hari Kumar <[EMAIL PROTECTED]>:
> Sorry to be so elementary folks:
> But what is "CPI" and "BLS."?
>
consumer price index? communist party of india? bureau of labour
statistics? more authoritative answers are sure to follow but i
couldnt resist the temptation of for once trying to be o
Re Savim bi: Is President Bush going to send Cheney to the funeral or is he
going himself?
Gene Coyle
"Devine, James" wrote:
> So it looks as if the US is about to jump with with both feet in the war
> against the FARC in Colombia. It's a classic case of overdetermination,
> i.e., that there's
What about Venezuela? That looks to me like a classic CIA de-stabilization
effort.
Gene Coyle
"Devine, James" wrote:
> So it looks as if the US is about to jump with with both feet in the war
> against the FARC in Colombia. It's a classic case of overdetermination,
> i.e., that there's no sing
Eric Nilsson wrote:
>RE
>> It's been clear for a long time that the BLS has largely gone along
>> with the Boskin stuff . . .
>
>I imagine that the behavior of the BLS towards "revising" (sic) the CPI
>changed once Katherine Abraham left as head of the BLS.
>
>Her term expired in about Septembe
consumer price index and bureau of labor statistics
On Sat, Feb 23, 2002 at 11:46:29AM -0500, Hari Kumar wrote:
> Sorry to be so elementary folks:
> But what is "CPI" and "BLS."?
> Hari Kumar
>
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-
Sorry to be so elementary folks:
But what is "CPI" and "BLS."?
Hari Kumar
> IN: 48) Re: Re: Re: On the necessity of socialism 2 by [EMAIL PROTECTED] - In a
>Note: aso entitled "A New Era - A New Doctrine II" : Melvin Wrote this:
> Trying to take "socialism" to the working class is useless for several reasons. One
>important reason is that the process of the decay o
So it looks as if the US is about to jump with with both feet in the war
against the FARC in Colombia. It's a classic case of overdetermination,
i.e., that there's no single cause: it's (1) part of the "war against
terrorism" (i.e., the battle to establish the US as the world state) since
allegedl
http://www.latimes.com/news/printedition/la-13610feb22.story
Enron a Rerun of History
Financial fiascoes and 'creative accounting' are nothing new to American
investors. Booms often can set the stage for scandals.
By PETER G. GOSSELIN
TIMES STAFF WRITER
February 22 2002/L.A. TIMES
WASHI
Doyle Saylor wrote,
>PS Tom is a wiseacre in starting this thread, and I recognize the >difference
>in seriousness of his message and my own. Still the point he made is >worthy
>of my attention in a serious manner anyway.
[1585-95; < MD wijssager prophet, trans. of MHG
on 2002.02.23 05:20 PM, Rakesh Bhandari at [EMAIL PROTECTED] wrote:
>> In response to Doug's (tongue-in-cheek?) comment
>>
>>> Never. It was a ruse devised by the bourgeoisie to occupy the
>>> attention of otherwise smart and knowledgeable Marxian economists on
>>> something addictively divisive
>In response to Doug's (tongue-in-cheek?) comment
>
>>Never. It was a ruse devised by the bourgeoisie to occupy the
>>attention of otherwise smart and knowledgeable Marxian economists on
>>something addictively divisive but politically irrelevant.
>
>Charles writes
>
>>Charles: Isn't it worse tha
>
>By PAUL KRUGMAN
>First comes the victory parade. Later we'll find out if we won.
>
>We won't have a serious recovery until what economists call "final demand"
>shows substantial increases, and workers start being rehired. Where will
>that recovery come from?
Krugman makes an astonishing logica
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