Re: the U.S. expansion
[EMAIL PROTECTED] wrote: >How much of the rising share of credit due to the increasing use of credit >cards as a means of purchase rather than as a form of credit? > >For example, I bought some software today via the net. I had no choice >but to use a credit card or get it COD. Wouldn't the mere transaction use of credit cause the debt stock to rise in line with income, rather than increasing steadily - once, that is, that credit cards are in wide use? The chart of the rate/1,000 personal bankruptcies matches the debt/income line rather well. Doug
Re: the U.S. expansion
How much of the rising share of credit due to the increasing use of credit cards as a means of purchase rather than as a form of credit? For example, I bought some software today via the net. I had no choice but to use a credit card or get it COD. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
Notice of URPE/IAFE Meeting
Don't miss the URPE/IAFFE Plenary at the ASSA in Chicago Aspects of a Progressive, Feminist Agenda: ADVOCATES and ACADEMICS Saturday, January 3rd at 8:00 P.M., Hyatt Hotel-Water Tower This year, URPE (Union of Radical Political Economics) and IAFFE (International Association for Feminist Economics) have teamed up to present a panel on how progressive and feminist economists can work together with local activists and legislators for economic and social change. Speakers will address concrete ways in which academics can and do help advocates make a difference in their communities. The panel includes: JAN SCHAKOWSKY, Illinios State Representative and Secretary of the Conference of Women Legislators MARICELA GARCIA, Executive Director Illinois Coalition for Immigrant and Refugee Protection RANDY ALBELDA, University of Massachusetts Boston and Co-founder of Boston Area Academics Working Group on Poverty JUNE LAPIDUS of Roosevelt University will moderate.
PE of Higher Ed -Reply
May I suggest some older works by Magali Sarfatti Larson: 1) The Rise of Professionalism: A Sociological Analysis, 1977 2) a chapter by Larson in Thomas Haskell, ed., The Authority of Experts, 1984, as well as some other selections in this book by Haskell and Thomas Bender. While on "professionalism" (cultural and ideological dimensions), these folks trace its relationship and literal relocation of intellectual activity from urban institutions into the 19th century university.
Re: the U.S. expansion
Doug Henwood wrote: > Wouldn't the mere transaction use of credit cause the debt stock to rise in > line with income, rather than increasing steadily - once, that is, that > credit cards are in wide use? The chart of the rate/1,000 personal > bankruptcies matches the debt/income line rather well. You are correct. My question was based on my hunch that the use of credit card purchases may be still be increasing because of the rise of the web and because some people find it more convenient than writing a check. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 916-898-5321 E-Mail [EMAIL PROTECTED]
