don't,
drought, plague, starvation and war will do it for us.
Paul Phillips,
Economics,
University of Manitoba
Yes, Jim, although if as some are suggesting we shift from oil to coal,
the problem will get worse, not better. Furthermore, it does nothing to
solve the population pressure on other resources, in particular water.
Paul
Devine, James wrote:
it may be good luck if the scare-mongers are correct
.
Paul Phillips
Doug Henwood wrote:
I'm confused. Are you saying that the left would be more popular if
we said there are too many people, and the too many of us consume too
much?
Doug
No, what I said , or at least what I meant to say, was that this belief
that all the problems are caused by property relations
I am forwarding a couple of messages Fred Lee circulated on his post keynesian
list that I thought would be equally of interest to those on pen-l.
Paul Phillips
--- Forwarded message follows ---
Subject:New Economics Student Journal At the New SchooL
Date sent
I am forwarding a couple of messages Fred Lee circulated on his post keynesian
list that I thought would be equally of interest to those on pen-l.
Paul Phillips
Original Message
--- Forwarded message follows ---
Subject:corporate felons
Date sent
Was this written by the Kerry election campaign team? :-P
Paul Phillips
Joel Wendland wrote:
Statement of the Political Bureau: About Recent Events
snip
It is quite clear that these developments do not serve, in any way, the
country s stability, and will not help to resolve any of its
diminished :-[
Paul
Paul Phillips,
Economics,
University of Manitoba
joanna bujes wrote:
Unsubcribing for a week while in NYC.
Michael? Can you please do that? I don't know how.
Thanks,
Joanna
the Bristish system allows for 3rd
party representation.)
Ah well, Wave the flag and shout democracy. Just leave the rest of the
world alone.
Paul Phillips
felt
that I neglected the students for easier paths to money and promotion. And,
if he wants to help his students, he can refer them to my text "Inside Capitalism"
where I have almost all of his key words in the index, or at least discussed.;-)
Paul Phillips
MICHAEL Y
I think some of the confusion in this thread relates to the fact that
'capital' has two meanings in the economics context. One meaning of
capital is 'stored up dead labour utilized to enhance the productivity
of living labour'; the second, 'a social relation'. Human capital in the
form of
michael perelman wrote
Paul, you are certainly familiar with the sheepskin effect -- that what
people earn with their human capital reflects much more their
credentials than their actual knowledge. A substantial literature
within conventional economics confirms this commonsense idea.
I have
is a form of
'dead labour' equivalent to physical capital. None of these others are
'real' investment in 'dead labour' and hence, are not capital in the
sense we use the term.
Paul Phillips
Michael Perelman wrote:
112-3: They refer to a plethora of capitals -- human capital,
cultural capital
much as a capitalist invests in capital, but there
are so many factors involved.
Also, much learning does not come from labor. Students usually learn
more from their fellow students than from professors.
Rant finished.
On Mon, Mar 22, 2004 at 09:37:50PM -0800, paul phillips wrote:
M
) capital
combined with the attempts by professions to monopolize (and act as a monopoly)
to restrict supply of human capital and hence extract monopoly profits from
'restricted ownership.' To my mind, there is no contradiction with the LTV
. Indeed, it gives it more explanatory power.
Paul
countries that don't live up to labor standards. In this case, the revenues collected by making these imports more expensive to domestic consumers are supposed to be returned to the country whose imports are taxed as a lump sum (development aid).
Jim Devine
Paul Phillips,
Senior Scholar,
Robert Manning wrote:
snip
The investment risk of peaking US housing market prices (buttressed by
historically low debt service levels) is globalized through the sale
of these mortgage-backed securities in international markets such as
London and Japan. Hence, low interest rates fuel higher
Shemano is definitely wrong when he says that a corporation does not
speak as an individual.
Paul Phillips
Senior Scholar,
Economics,
University of Manitoba
Hey, some of us would like the recipe for Chai too!
Paul
joanna bujes wrote:
Chai message was obviously meant to go to ravi.
J.
heir beast.
For although our story pits Grinches 'gainst Whos,
The true battle lies in what we daily choose.
For inside each Grinch is a tiny small Who,
And inside each Who is a tiny Grinch too.
One thrives on love and one thrives on greed.
Who will win out? It depends who you feed!
Author: Unknown
Paul Phillips
Jim, any idea who this Brooks is?
Paul
Devine, James wrote:
I wonder if Paul Krugman is embarrassed to appear on the same op-ed page
as this fellow:
March 2, 2004/New York TIMES
More Than Money
By DAVID BROOKS
concern either with historical analysis or with
comparative analysis. I would suggest many would be well rewarded by
reading, and digesting, Geoff Hodgson's engaging book How Economics
Forgot History -- or how I might phrase it, how Economics forgot
institutions.
Paul Phillips,
Senior Scholar
Frankly, I don't think this is the case. I have quit the NDP on several
occasions and stopped supporting them materially when they voted for
world crimes against Yugoslavia. I just could not be associated with a
party that supported killing and bombing my friends that I had worked
with for
Hey Jim,
I played polo for twenty years and I am not now, nor was I ever, an
aristocrat nor were any of those that I played with. On the other hand,
my string of ponies never exceeded three, the minimum needed to play a
full game.
Paul
Devine, James wrote:
Patton MacArthur were both from the
because now it
might, because of the political pressures of an election year, actually
be used to rescue the wages and employment of the working class.
Nothing could be more anathama to a neoclassical economist.
Paul Phillips
Eubulides wrote:
[at least he's confessed]
http
with racisim because of competition from
immigrants who 'self-exploit' in easy to enter sectors such as ethnic
restaurants, mom-and-pop stores, truck farming and personal services.
Paul Phillips
Doug Henwood wrote:
Julio Huato wrote:
Why would concentration be more propitious for progressive
This seems to have been censored out by the major media.
Paul Phillips
Just another bit of evidence that what's good for big
business is good for the rest of us, eh?
WSWS : News Analysis
: Medicine Health
US blocks UN proposal to combat obesity
By Barry Mason
9 February
Ideology has taken us from champ to chump
ByJIM STANFORD
Monday, February
2, 2004 - Page A13
Sabri,
Of course, no individual is indispensable and employers can downsize and
increase the intensity of work for support staff or can, in many cases replace
white collar workers with capital (e.g. replacing telephone receptionists
with voice mail or touchtone routing) but the point that I
. It
is much easier to just delete any article that I am not interested in.
Paul Phillips
Michael Perelman wrote:
Please try not to send large articles to the list -- like I did yesterday.
It is better just to send the url.
Large articles cause several problems.
They fill up mailboxes for people
policies stance? Can any of you down
there give us furriners an objective evaluation of him? Northern minds
want to know.
Paul Phillips
of declining employment industries --
by 20 to 40 per cent lower. In the 'growth' industries, lowering wages is
a major source of improved profits.
Paul Phillips,
Economics,
University of Manitoba
Sabri Oncu wrote:
Jim:
This means that profit booms are most likely
to be based
/~jdevine
Paul Phillips,
Economics,
University of Manitoba
approach is that
prescriptions are not at the discretion of the sick but rather at the
discretion of their doctors -- or what some refer to as 'supply
determined demand'. In such cases, the concept of efficiency always
breaks down, as Stiglitz and others have demonstrated.
Paul
Paul Phillips,
Economics
efficiency
whereas taxation that took from some against their will to pay for the needs
of the poor would be inefficient!
Cheers, Ken Hanly
- Original Message -
From: "paul phillips" [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Tuesday, January 06, 2004 1:48 PM
Subject: R
at a Canadian audience.
It is: Paul Phillips, _Inside Capitalism: An Introduction to Political
Economy_ (Halifax: Fernwood, 2003) 215 pp.
It is primarily directed at the introductory textbook market for labour
or union studies programs thought it is also used at intro and
intermediate political economy
Neither do I. My research into aboriginal society prior to the European
invasion reveals a society which was very caring of their children and
one very intolerant of sexual abuse of children.
Paul Phillips,
Economics,
University of Manitoba
Denison's (or was it Fabricant's) studies showed that productivity
growth largely due to increases in 'human capital' was the major source of
economic growth in the US. Dorethy Walters studies for the Economic
Council of Canada reported similar results.
Paul Phillips,
Economics,
University of Manitoba
Michael Pere
also be a factor in the failure of the profit rate to
recover to the levels of the golden age.
Paul Phillips,
Economics,
University of Manitoba
reading the book. It suggests a
profound ignorance of Balkan history and the politico-economic basis of
the ethnic divisions that resulted and which were fanned, not by
democracy and markets, but by outside intervention from Germany, the US
and the Catholic Church.
Paul Phillips,
Economics
and if so, why?
Paul
Paul Phillips,
Economics,
University of Manitoba
employees as a proxy for unproductive labour, is
consistent with the hypothesis through the time period I looked at.
Paul Phillips,
Economics,
University of Manitoba
is that the theoretical/philosophical distinction
between productive and unproductive labour is a useful tool in
understanding recent economic trends. The fact that the empirical data
seems to support Marx's distinction is, however, welcome.
Paul Phillips
productivity. i.e. the average productivity rose because of the
elimination of low productivity firms while higher productivity firms
had relatively stagnant productivity. To what extent is this true of
the US?
Paul Phillips,
Economics,
University of Manitoba
which served to consolidate
monopoly capitalism. My paper documented and quantified the process.
Unfortunately, the journals I submitted the article to turned it down, largely
from the readers comments, because they did not understand (or accept) the
concept of 'primitive accumulation'. Ah well.
Paul
Jurriaan,
Do you want me to e-mail you a copy? (as a Word Perfect attachment)
Paul
Jurriaan Bendien wrote:
That is pretty amazing. I supposein America
ithas to be sexy, yet civilised,and use the right words. In the USA, I
have noticed you always have to keep it
This is a joke, no?
Paul Phillips
Eubulides wrote:
washingtonpost.com
No 'Cronyism' in Iraq
By Steven Kelman
Thursday, November 6, 2003; Page A33
There has been a series of allegations and innuendos recently to the
effect that government contracts for work in Iraq and Afghanistan are
being
/neoliberal country, being old becomes
a crime. It is disgusting.)
Small victories, but sweet nevertheless.
Paul Phillips,
Economics,
University of Manitoba
NDP majority in Saskatchewan
Last Updated Thu, 06 Nov 2003 0:24:15
REGINA - Saskatchewan
voters have
I didn't give the actual results. Here they are from the Globe and Mail
which headlined its article something like "NDP squeeze by in Saskatchewan"
If Bush had anything like this support ...
Paul Phillips
Economics,
University of Manitoba
(BA, MA, University of Sa
For an in-depth critique of neoclassic (and other) streams of thought from
an institutionalist position, see Geof frey Hodgson's, "How Economics Forgot
History."
Paul Phillips,
Economics,
University of Manitoba
Mario Jos de Lima wrote:
I agree to your points of view. An interest
An earlier version of this article appears on www.swans.com.
Paul Phillips
Economics,
University of Manitoba
For Jews the Real Worry should be Sharon not Arafat
by John Ryan
The recently released text of the Geneva Accord seems about as good a
deal as could be worked out for a Two-State
that we could present,
not only to our students, but also to the general public. Without
ideological baggage.
In Solidarity,
Paul Phillips.
Louis Proyect wrote:
Carl, I smoked a pipe for several decades before quitting -- and I would
be afraid to add up how many thousands of dollars (not covered
ive mechanism backed by appropriate technical expertise. Within
this policy framework there is ample scope to develop participatory mechanisms
that do not undermine economic (in the larger context of the word economic)
efficiency and stifle individual initiative.
Paul Phillips,
Economics,
University of Manitoba
.
Paul Phillips
Dan Scanlan wrote:
These are from the nitpickers (they help keep lice from spreading) at
http://www.spinsanity.org/
Ah, the vaunted efficiency of capitalism.
Paul
Date sent: Thu, 14 Aug 2003 22:18:52 -0400
Send reply to: PEN-L list [EMAIL PROTECTED]
From: Kenneth Campbell [EMAIL PROTECTED]
Subject:[PEN-L] Fragile
To: [EMAIL PROTECTED]
Ah, the vaunted efficiency of capitalism.
Paul P
Quoting Kenneth Campbell [EMAIL PROTECTED]:
I am still trying to figure out what happened. TV is out. Radio is
repeating same stuff. CNN site didn't work, last I tried it. CBC.ca is
repeating CBC Radio. Anyone outside the zone of collapse with
and is
avoided like the plague by those economists who reject
government intervention in markets precisely to make them efficient.
Paul Phillips
Economics Forum in Canada and
Economist for the Canadian Auto Workers.
Paul Phillips,
Economics,
University of Manitoba
--- Forwarded message follows ---
Subject:Confessions of a Recovering Economist
Confessions of a Recovering Economist
I sent this reply to a student who asked questions (see below)
about my comment in class this morning about the Bush proposed
tax cuts. If I have got it wrong and anybody wants to provide
alternatives, please do so.
Paul
--- Forwarded message follows ---
From: Paul
these institutional factors and we, as economists,
should automatically dismiss any figure that purports to do so.
Paul Phillips
if the whole west coast longshore
operations were subject to such problems.
Paul
Paul Phillips,
Economics,
University of Manitoba
The Yugo team is just made up, as far as I know, of Serbs and
Montenegrins who constitute the current Yugoslavia -- soon to be
renamed as Serbia and Montenegro when the new constitution is
adopted. The Croats and Slovenes have separate teams.
However, it should be pointed out that one of the
the links in the text). The text does not have a
chapter on the radical model for which I plead the Egyptian
Mummy excuse -- strapped for time.
Paul
Paul Phillips,
Economics,
University of Manitoba
, more limited than some on this list would
suggest.
Paul Phillips,
Economics
University of Manitoba
On 31 Jul 02, at 16:32, Justin Schwartz wrote:
I have already responded noless dogmatically. I see no reason why
representative govt is incompatible with public ownership of productive
Not an anthropologist Jim, but I have been working on a paper on
property rights and redistribution among Canadian aboriginals.
Here is the definition of potlatch from the New Canadian
Encyclopedia.
Paul
Potlatch, a highly regulated event historically common to most
Northwest Coast
treatment has been affecting
(preventing) the reproduction of fish.
Paul Phillips,
Economics,
University of Manitoba
On 22 Mar 02, at 9:30, Devine, James wrote:
don't we also have to worry about hormones in the food. (I've heard that
it's now a no-no to flush medical pills down the toilet, since
have been, I can not see for the life of
me what relation they have to the Dutch disease.
Paul Phillips,
Economics,
University of Manitoba
instantaniously, does not need to
be paid to exist, and able to determine the future in perpetuity.
Sounds like God to me.
Paul Phillips,
Economics,
University of Manitoba
(realization as per
Charles) would lead to falling profits would it not. What then is the
root cause of the falling profits?
Paul Phillips,
Economics,
University of Manitoba
On 28 Jan 02, at 12:41, Charles Brown wrote:
Fred: The rate of profit declined from 1997 to 2000, and during this time
entertaining in commenting on
ENE. Nicely done.
Paul
Paul Phillips,
Economics,
University of Manitoba
the comment:
You can always tell when the American economy is in trouble.
The bombs start falling.
Paul Phillips,
Economics,
University of Manitoba
I, for one, would like to see more on this. Perhaps Scott could
break his reply up into a number of shorter pieces dealing with
each of these market failure arguments.
Paul Phillips,
Economics,
University of Manitoba
On 28 Nov 01, at 15:32, Robert Scott Gassler wrote:
My lecture arguments
Michael,
I have already started a file to contain all responses to my
suggestion. If we get a substantial response, I will try to make a
digest or summary or something that we can post or put in the pen-
l archives at csf.
Paul
On 28 Nov 01, at 8:31, Michael Perelman wrote:
So far, we
, sentence him to
his punishment.
What punishment you ask?
Why a full blown sex change of course! And then send him back to his
home of Afghanistan to live out the rest of his life as a woman under the
Taliban government
Paul Phillips,
Economics,
University of Manitoba
--- End of forwarded
I don't remember if anyone referred to this study, but if not here is
the abstract that I just came across.
Paul Phillips
Economics,
University of Manitoba
NBER WORKING PAPER
BIBLIOGRAPHIC ENTRY
Dollarization and Economic
adjusted) and trending up, disposable family income in 2000 was 494.2 thousand won compared with 610.4 thousand won in 1997.
Paul Phillips
of the social gain). Thus, a
graduate of a business school who makes a very high income
would pay a much higher tuition fee than a poor philosophy
graduate. However, no one has seen fit to follow my suggestion
that I am aware of.
Paul Phillips,
Economics,
University of Manitoba
On 5 Mar 01
Do any of the legal beagles on this list know whether there is
something equivalent to or similar to 'takings' law in Canada?
Paul Phillips,
Economics,
University of Manitoba
On 2 Mar 01, at 9:05, Michael Perelman wrote:
Thank you very much, both Nathan and Justin, for giving me some insight
the barbaric death penalty. Ugh!
Paul Phillips,
Economics,
University of Manitoba
On 28 Feb 01, at 18:17, Keaney Michael wrote:
The latter point was the substance of one of Nestor's mailings at around the
time we were discussing Argentina's economic history and current prospects.
Recently
theory just to prove it was
impossible in reality? Does anyone else remember hearing or
seeing this?
Paul
Paul Phillips,
Economics,
University of Manitoba
in raw material exporting countries is export
taxes or bans. Your economics is only relevant to the developed,
importing countries.
Paul Phillips,
Economics,
University of Manitoba
Some on the list might be interested in contributing or attending.
Paul Phillips,
Economics,
University of Manitoba
--- Forwarded message follows ---
Send reply to: [EMAIL PROTECTED]
From: "June Madeley" [EMAIL PROTECTED]
Subject:
e development of its
internal markets and productive capacity occurs, as did the
Slovenes. And Yugoslavia in general, both Serbia and Cerne Gora
have a much longer way to go. The IMF route, I believe will be a
disaster more like Ukraine than Poland.
Paul Phillips
Economics,
University of Manitoba
y position, the selection of candidates will be less than
thrilling.
Paul Phillips,
Economics,
University of Manitoba
On 17 Jan 01, at 12:43, Charles Brown wrote:
[EMAIL PROTECTED] 01/17/01 11:10AM
I think that David is correct, that we do not to a good
job of supporting each other.
I d
as capital become any less mobile.
Not so Doug. Canada has also had a sustained decline in real
wages for almost two decades up until the last couple of years.
Paul
Paul Phillips,
Economics,
University of Manitoba
On 15 Jan 01, at 12:54, Doug Henwood wrote:
Paul Phillips wrote:
On 15 Jan 01, at 9:46, Doug Henwood wrote:
Could you offer some empirical evidence for this? Of the first world
countries, the U.S. was the only one to see a sustained decline in
real wages, a trend that reversed
al warming,
the fact that he is so ignorant of science and rejects scientific
evidence in favour of the 'good book', it makes me shudder.
Paul Phillips,
Economics,
University of Manitoba
d thus can not continue as a system.
Paul Phillips,
Economics,
University of Manitoba
On 17 Nov 00, at 7:29, Jim Devine wrote:
actually-existing capitalism depends heavily on fossil fuels, but does
capitalism in general? though capitalism is amazingly inflexible on issues
of preserving class
ge notions
people like Brad have.
Paul Phillips
other coalition
partners. The hard right have only 28 seats. Hence, probably a
stable centre-left coalition government.
Paul Phillips,
Economics,
University of Manitoba
on the left for control of
government, the left has been able to deflect or temper most of the
attempts at more neo-liberal reforms.
Paul Phillips
On 6 Nov 00, at 11:40, Jim Devine wrote:
At 01:36 PM 11/6/00 -0600, you wrote:
Liberals (former Communist Youth, now a small-l liberal party
ge between the commercial/transportation sector which
used its monopoly power to extract surplus from the primary
producer, not from appropropriated surplus value from waged
workers.
Therefore, I'm with Mat and Charles on this one, not Jim.
Paul Phillips,
Economics,
University of Manitoba
capitalist development.
Gee, just replace England with the USA and that old German guy
is just as on the mark today.
Paul Phillips,
Economics,
University of Manitoba
--- Forwarded message follows ---
Date sent: Tue, 10 Oct 2000 11:26:28 -0700
To: (Recipient list suppressed)
From: Sid Shniad [EMAIL PROTECTED]
Subject:From Milosevic to the Future - Stratfor
Stratfor.com's Weekly
or give us an address where I can read it?
Paul Phillips,
Economics,
University of Manitoba
Is this a sign? If so of what?
Paul Phillips,
Economics,
University of Manitoba
--- Forwarded message follows ---
Date sent: Fri, 29 Sep 2000 14:05:38 -0400
From: "Henry C.K. Liu" [EMAIL PROTECTED]
To: "[EMAIL PRO
_The Globalization of Poverty_ and Scott
Gordon's _INAD: Images of War in Kosovo and Yugoslavia_ to get
the background facts correct rather than repeating NATO
propaganda.
Paul Phillips,
Economics,
University of Manitoba,
American Studies,
University of Ljubljana,
Slovenia.
that others on the list take such as fact.
By the way, (speaking of misinformation) the author of INAT is Scot
Taylor (not Gordon as I think I originally posted.)
Paul Phillips,
Economics,
University of Manitoba
, for
some reason, we have produced a disproportionate number of
'world class' animation artists that prefer to stay and work in
Canada than move to Hollywood where the living costs are so
much higher. The high American $ is a major factor in all these
considerations.
Paul Phillips,
Economics
th regards to a socialist bloc would have to involve
international planning of managed trade -- much as do the
multinational corps do now -- though on the basis of democratic
negotiations between the countries. A model for that might be the
Canada-US Autopact.
Just a few ideas.
Paul
Pau
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