Re: A deep look at media bias
Media blindness in all its forms is a crusade of our web at www.beyond-branding.com , assembled and blogged by over 40 repenting marketing professionals Always happy to try to contextually mark anyone's map of all the ways this system compounds many of the depressing dynamics happening around our world. Chris Macrae, [EMAIL PROTECTED] , editor of first journal issue connecting corporate brand and responsibility -Original Message- From: ArmChair List [mailto:[EMAIL PROTECTED] On Behalf Of rex Sent: 03 December 2003 22:36 To: [EMAIL PROTECTED] Subject: Re: A deep look at media bias I've seen many stories about government attempts to stop price gouging and none even hinted that there was another side, that gouging was good, that anti-gouging laws shouldn't exist, that they defeat market pricing, or that the laws caused problems. I've seen many stories about seafood being overharvested and need more government laws to limit takes, and never seen any mention that the problem was government ownership of water, defeating supply and demand incentives, soggy socialism, and the need for private property rights that would enable farming and market pricing. (if that wasn't bad enough I rarely see stories on farming of seafood, and they NEVER make the tie in to the lack of property rights in water that cause overharvesting in government water. It is unfortunate that (I believe) even the seafood farmers can't make the tie in, coming from government schools). I have never seen a seafood farmer on land suggest that he should be able to own areas now owned by government in order to farm in water owned by government, I have never seen a reporter ask such a question). I've seen many stories about water conservation and watering restrictions even including police state patrols and enforcement, and never seen even a hint that the problem was government ownership, lack of competition, lack of market pricing, defeating supply and demand, that would eliminate all the coverage made by the reporter in his socialist story. those are 3 easy ones I see a lot. I could go on and on. You've inspired me to ask the list serve participants to compile a collection. Please send in more examples of media blindness about capitalism, free market economics, pricing, property rights, which all prove that the first amendment is incompatible with government schools, and the latter must end. I swear it seems our schools accomplish exactly what soviet schools accomplished. the media prove that government schools produce socialists who know nothing about free market economics.
Re: Real wages constant since 1964?!
Really? Every undergraduate class I can remember listed the failure to adjust for quality as one of the main problems with the CPI. And I don't think they just said it was inadequate. William Dickens wrote: This is completely wrong. The CPI-u is, and the CPI-x was, adjusted for quality changes (see http://www.bls.gov/cpi/home.htm ). The CPI-X doesn't exist anymore. So what price statistic wasn't adjusted for quality changes? They all are. No one (who knew what he was talking about) has ever claimed that they are not adjusted. The common claim is that the adjustments (which are quite complex and differ across different types of goods) are inadequate. - - Bill William T. Dickens The Brookings Institution 1775 Massachusetts Avenue, NW Washington, DC 20036 Phone: (202) 797-6113 FAX: (202) 797-6181 E-MAIL: [EMAIL PROTECTED] AOL IM: wtdickens -- Prof. Bryan Caplan Department of Economics George Mason University http://www.bcaplan.com [EMAIL PROTECTED] Infancy conforms to nobody: all conform to it, so that one babe commonly makes four or five out of the adults who prattle and play to it. --Ralph Waldo Emerson, Self-Reliance
Re: Real wages constant since 1964?!
Not my class! I remember laboring for a while under the misimpression that hedonic methods were used for autos (they aren't), but when you took Econ 1 from me I certainly never said the CPI wasn't adjusted for quality. And yes, you can go the BLS web links that I had in my original post and read the technical documentation. This is, and has been for a long time, a major issue that people spend a lot of time thinking about. I think you are remembering your undergraduate education incorrectly (it has been a while Bryan). Some goods don't get any quality adjustment. It is possible that that is what you are remembering. There are cases where there are quality changes and no adjustment, but every index is, and always has been (as far as I know), adjusted to some extent to allow for quality changes. - - Bill William T. Dickens The Brookings Institution 1775 Massachusetts Avenue, NW Washington, DC 20036 Phone: (202) 797-6113 FAX: (202) 797-6181 E-MAIL: [EMAIL PROTECTED] AOL IM: wtdickens Bryan Caplan [EMAIL PROTECTED] 12/04/03 02:43PM Really? Every undergraduate class I can remember listed the failure to adjust for quality as one of the main problems with the CPI. And I don't think they just said it was inadequate. William Dickens wrote: This is completely wrong. The CPI-u is, and the CPI-x was, adjusted for quality changes (see http://www.bls.gov/cpi/home.htm ). The CPI-X doesn't exist anymore. So what price statistic wasn't adjusted for quality changes? They all are. No one (who knew what he was talking about) has ever claimed that they are not adjusted. The common claim is that the adjustments (which are quite complex and differ across different types of goods) are inadequate. - - Bill William T. Dickens The Brookings Institution 1775 Massachusetts Avenue, NW Washington, DC 20036 Phone: (202) 797-6113 FAX: (202) 797-6181 E-MAIL: [EMAIL PROTECTED] AOL IM: wtdickens -- Prof. Bryan Caplan Department of Economics George Mason University http://www.bcaplan.com [EMAIL PROTECTED] Infancy conforms to nobody: all conform to it, so that one babe commonly makes four or five out of the adults who prattle and play to it. --Ralph Waldo Emerson, Self-Reliance
Re: Real wages constant since 1964?!
As the listmember who probably has the dampest ink on his econ B.A., I can verify that that's what's being taught in our universities. -JP[EMAIL PROTECTED] wrote: In a message dated 12/4/03 3:07:31 PM, [EMAIL PROTECTED] writes:I think you are remembering your undergraduate education incorrectly (ithas been a while Bryan). Some goods don't get any quality adjustment. Itis possible that that is what you are remembering. There are cases wherethere are quality changes and no adjustment, but every index is, and alwayshas been (as far as I know), adjusted to some extent to allow for qualitychanges. - - BillNope. I learned the same thing, albeit some years earlier, in myundergraduate education, that the CPI-u doesn't adjust for changes in quality or in themarket basket.Davi Do you Yahoo!? Free Pop-Up Blocker - Get it now
