Re: Tuxedo Park (was Skull Bones)

2004-02-10 Thread Max B. Sawicky
Parasitic finance!! mbs -Original Message- From: PEN-L list [mailto:[EMAIL PROTECTED] Behalf Of Michael Perelman Sent: Monday, February 09, 2004 6:02 PM To: [EMAIL PROTECTED] Subject: Re: Tuxedo Park (was Skull Bones) In a way, the Skull and Bones/Loomis gap is similar

Re: Tuxedo Park (was Skull Bones)

2004-02-10 Thread Michael Perelman
To: [EMAIL PROTECTED] Subject: Re: Tuxedo Park (was Skull Bones) In a way, the Skull and Bones/Loomis gap is similar to the dichotomy between real and financial capital. Economic strength is increased by those who develop the technology and drained by those who live by nepotism and connections

Tuxedo Park (was Skull Bones)

2004-02-09 Thread Eugene Coyle
I have just finished reading Tuxedo Park, a book about Alfred Lee Loomis, a Wall Street lawyer and financier who cashed out before the Depression and turned to science. He built his own scientific lab at Tuxedo Park, where he sponsored and mentored scientists who were or became giants in the

Re: Tuxedo Park (was Skull Bones)

2004-02-09 Thread Michael Perelman
In a way, the Skull and Bones/Loomis gap is similar to the dichotomy between real and financial capital. Economic strength is increased by those who develop the technology and drained by those who live by nepotism and connections. Both factors are important. -- Michael Perelman Economics

Re: Tuxedo Park (was Skull Bones)

2004-02-09 Thread Michael Perelman
along the same lines, you may enjoy Zachary, G. Pascal. 1997. Endless Frontier: Vannevar Bush, Engineer of the American Century (NY: Free Press). -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu