58 dead at Dover

2000-06-19 Thread Chris Burford

This morning 58 "oriental" people have been found dead in a sealed 
container on a lorry at Dover, after crossing the English Channel.

This is one of the costs of an increasingly mobile global market in labour 
power, coupled with growing disparities in different parts of the world in 
the rate of accumulation of capital.

Although such events are shocking to host countries, they benefit by the 
continued arrival of cheap labour power in conditions where the workers 
have little bargaining power to enforce their basic rights.

Some tightening up will no doubt be done.

But this degree of exploitation and suffering is intensifying, depite 
rising material wealth, because of the failure of the World Bank and the 
IMF to run the global economy in an equitable and balanced way.

This is the price of global laissez faire finance capitalism.

Chris Burford

London




Re: Re: Re: GT [was: Re: McArthur grantee

2000-06-19 Thread Anthony D'Costa

I have been on pen-l now for 8 years.  Calling people racists on this list
is infantile to say the least.  Storm in a tea cup I hope:)

Cheers, Anthony

xxx
Anthony P. D'Costa, Associate Professor  
Comparative International Development
University of WashingtonTaylor Institute & South Asia Program
1900 Commerce StreetJackson School of International Studies
Tacoma, WA 98402, USA   University of Washington, Seattle

Phone: (253) 692-4462
Fax :  (253) 692-5612
xxx




Re: name calling (fwd)

2000-06-19 Thread md7148


then you should follow the list closely, Micheal, as a
moderator. If people have done implicitly racist comments in the past,
they should be reminded not to repeat the same mistake again! If you think
there is no such a comment, then you should go and read the archieves of
the list, which is what the job of the moderator is. I say zero tolerance
for racist use of language!

Mine

>I have to agree with Rod here.  I have not been following the list as
>closely as I should have for the last couple of days.  I have stepped in
>sooner.  This sort of stuff has no business here. 

>Rod Hay wrote:

> Jim is now the third person that has been called a racist, by our new
> champion name caller.
>
> Mine wrote:
> you are being *disgustingly racist*,
>
> --
> Rod Hay
> [EMAIL PROTECTED]
> The History of Economic Thought Archive
> http://socserv2.mcmaster.ca/~econ/ugcm/3ll3/index.html
> Batoche Books
> http://Batoche.co-ltd.net/
> 52 Eby Street South
> Kitchener, Ontario
> N2G 3L1
> Canada

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]




Re: GT

2000-06-19 Thread Yoshie Furuhashi

Jim D says:

>Someone already pointed out that GT need not involve individualism 
>or profit-maximizing or egoism. One can apply altruism in making 
>decisions in the game.

Isn't altruism a dialectical twin of individualism?  The concept of 
"altruism" emerged in the English language in the mid-19th century, 
according to the OED.  The word is used in attempts to explain why an 
individual cares (or should care) about anyone besides himself at 
all.  In other words, under capitalism, regard for others emerged as 
a "problem" in need of an ethical, philosophical, or scientific 
explanation, whereas in the world before capitalism (= the world 
where individualism as we know it didn't exist) no one taxed his 
brains trying to come up with philosophical or biological reasons why 
one should care about others, because it was taken for granted -- 
part of social institutions -- that one did.  So it seems to me that 
whether actors are conceived as profit-maximizing or behaving 
altruistically, Game Theory is about individuals and their choices in 
the world of Scarcity & Opportunity Costs (as conceived in 
neoclassical economics).

Are game theorists interested in changing the game at all?  I doubt 
it.  If we start with atomized individuals trying to survive (or help 
other individuals survive) in the world as it exists now, it seems to 
me that _as isolated individuals_, we -- or at least most of us, very 
"altruistic" ones perhaps excepted -- don't find it in our (or other 
individuals') "interest" to exert much efforts & take risks in trying 
to bring about an alternative to capitalism.  Working for radical 
social change doesn't "pay," and we don't need Game Theory to tell us 
what common sense can teach us.  Struggling for the abolition of 
capitalism (or any radical social movement, for that matter) only 
"makes sense" when we don't start with atomized individuals.

Therefore, if Game Theory isn't "reactionary," it is at least very 
conservative.

Now, here's what appeared in Randy Cohen's column "The Ethicist" in 
the New York Times Sunday Magazine (6.18.00):

*   Q.  I teach business ethics for a local university.  I wonder 
how you would respond to this classic moral dilemma: John walks into 
a village and finds Mary holding 15 people hostage.  Mary says that 
she will kill them all unless John takes a gun and kills one of the 
hostages.  All of the hostages are innocent people.  What should John 
do?
-- J. De Pauw, Arlington, VA.

A.  What kind of business are you preparing these kids for?  Microsoft?   *

Isn't Game Theory at bottom as silly as the "classic moral dilemma" 
described above?

Yoshie




Re: name calling

2000-06-19 Thread Timework Web

__

 PROPOSED RESOLUTION
 ON
THE COUNTERREVOLUTIONARY NATURE
 OF
 THE ENGLISH LANGUAGE

It is clear that our movement has come a long way in the last two
years. Beginning from a preoccupation with essentially liberal issues like
student power and peace, we have arrived at a perspective through which we
have aligned ourselves with the revolutionary working class against American
capitalist imperialism.

The achievement of a correct position does not, however, mean that
our intellectual struggle is over. We must explore the implications of
working class politics for every area of our activity, in order to reinforce
those politics and free them from contamination by bourgeois individualist
thought. This proposal is a modest contribution to this effort.

Concern with correct thinking and proper expression of that thought
is a hallmark of the true revolutionary. Our vehicle for thought and
communication is language; to be concrete, it is the English language. Now
it has never occurred to us that this language is by its very nature
counterrevolutionary and that truly correct revolutionary thought in English
is therefore impossible. Yet we intend, through careful analysis, to
establish that the English language is little more than a tool of
imperialism designed to stifle genuinely radical ideas among the
English-speaking masses.

We can talk about language from the standpoints of meaning and
structure. Although bourgeois linguists introduce complex terminology into
their discussions of meaning, chiefly in order to prevent us from
understanding what they mean, we shall consider it only in terms of words.
Now English has a great many words, and this in itself is suspect: what it
suggests is that no matter how hard the worker tries to educate himself, the
bosses and their lackey politicians can always produce new words from their
lexical grabbag to confuse him. Even in our own movement this elitist
duplicity manifests itself in the use of esoteric words like "chauvinism,"
"reification," "dialectical materialism." and so on. It is almost axiomatic
that the revolutionary status of a language is inversely proportional to the
weight of its dictionary.

Lest this sound farfetched, we may cite the pioneer linguist Otto
Jesperson in _The Growth and Structure of the English Language_. He notes
that the Norman invasion and subsequent domination of England for centuries
by descendants of the French-speaking conquerors produced a class division
of the English vocabulary, with the French imports reserved chiefly for the
upper classes. The other great influx of foreign words came during the
Renaissance when scholars, not content with the language of the people,
imported quantities of Latin and Greek, thus widening the semantic gulf
between the educated elite and the masses.

Significant though consideration of meaning be, it is in the area of
language structure that our analysis is most fruitful. Structure or syntax
is the sum of all those rules which govern the ways the words in any
language can be put together to make sense. We use the rules of syntax more
of less unconsciously because they are inculcated in early childhood along
with religion, patriotism, etc. It is the unconscious nature of syntax which
makes its influence so insidious.

The foundation of structure is the categories, which are theoretical
divisions of human experience imposed on all languages. In English the main
categories are tense and number; centuries ago we had gender as other
European languages still do. There are many other categories: some languages
divide all mater by shape, so that one cannot speak of an object without
adding some word ending to indicate whether it is round, square and so on,
while others classify things by their tangibility or lack thereof. The
categories are classifications of thought; in English we cannot, for
instance, speak of anything without indicating number (singular or plural)
and time (past, present, future).

Bourgeois scholars pretend to make a great mystery of the
categories, in order to conceal the perfectly plain facts. Edward Sapir, for
example, baldly states in _Language_ that the origin of linguistic
categories is altogether unknown. It is crystal clear to the proletarian
analyst, however, that the nature of the categories arises directly from the
nature of the ownership of the means of production: how else explain the
preoccupation of English syntax with time and number? It is the capitalist
factory system which necessitates an emphasis on time, and it is the
capitalist money economy which causes the obsession with "how much, how
many" that pervades our society.

Sapir completely gives himself away when, in an unguarded moment, he
lets us know that Chinese grammar

BLS Daily Report

2000-06-19 Thread Richardson_D

BLS DAILY REPORT, FRIDAY, JUNE 16, 2000

RELEASED TODAY:  Regional and state unemployment rates were relatively
stable in May.  All four regions registered little or no change over the
month, and 41 states and the District of Columbia recorded shifts of 0.3
percentage point or less.  The national jobless rate edged upward to 4.1
percent.  Nonfarm employment increased in 30 states in May. ...  

In 1999, 83.1 percent of U.S. families had at least one member with a job, a
0.5 percentage point increase from 1998, the Bureau of Labor Statistics
reports.  Fewer families had an unemployed member in 1999 than in 1998. ...
(Daily Labor Report, page D-8).

While they are confident the major yardsticks of economic activity they
produce are adequate, officials of the three major federal economic
statistical agencies are exploring new approaches to better measure the
fast-changing digital economy, the Daily Labor Report says (page A-13; text
of paper, page E-4).  Officials of the agencies addressed the first meeting
of the new Federal Economic Statistics Advisory Committee.  "The challenge
to statistical agencies is to keep up with the evolving economy.  Does this
present new measurement problems, different from those associated with
previous periods of change?  Even the answer to that question is uncertain,"
says Thomas Mesenbourg of the Census Bureau. ...  Agency officials and
committee members say they have some concerns about measuring economic
activities in the fast-changing digital economy. ...  BLS Commissioner
Katharine Abraham told the advisory committee members that "making sure that
we're covering e-commerce in our statistics is priority number one." ...
While the agency's current budget proposal before Congress does not include
new spending on measures of e-commerce, BLS is moving ahead on research to
explore possible new measurement approaches for several data programs,
including: 
1. The employment cost index program is looking into whether to include
stock options, which are expected to be a major factor in e-business and
other high-tech industries;
2. The producer price program is developing price measures for wholesale
trade that might include "wholesale brokerage services" that are part of the
digital economy;
3.  The consumer price index program is examining whether the agency needs
to change data collection procedures to reflect e-commerce activities.  BLS
will add a question in its point-of-purchase survey asking consumers whether
they shop on the Internet. ...  

New claims filed with state agencies for unemployment insurance benefits
decreased by 16,000 to a seasonally adjusted 296,000 in the week ended June
10, the Labor Department's Employment and Training Administration reports.
...  (Daily Labor Report, page D-6).

U.S. industrial production rose 0.4 percent, lifted by gains in the
technology sector and utility increases, data released by the Federal
Reserve show. Utility output rose 1.4 percent, while output of factories and
mines each increased 0.3 percent.  The gain in output was moderate compared
with identical 0.7 percent gains in March and April.  Still, it was stronger
than analysts had expected. ...  (Daily Labor Report, page D-1; New York
Times, page C5; Wall Street Journal, page A2)_ Industrial output
unexpectedly  increased in May, as production of computers, semiconductors,
and other business equipment rose, but fewer consumer goods were produced.
...  (Washington Post, page E2)


 application/ms-tnef


Re: Re: name calling (fwd)

2000-06-19 Thread Michael Perelman

You are walking a thin line.  I have not had to boot anybody for many months.
This sort of language is not acceptable here.

[EMAIL PROTECTED] wrote:

> then you should follow the list closely, Micheal, as a
> moderator. If people have done implicitly racist comments in the past,
> they should be reminded not to repeat the same mistake again! If you think
> there is no such a comment, then you should go and read the archieves of
> the list, which is what the job of the moderator is. I say zero tolerance
> for racist use of language!
>
> Mine
>
> >I have to agree with Rod here.  I have not been following the list as
> >closely as I should have for the last couple of days.  I have stepped in
> >sooner.  This sort of stuff has no business here.
>
> >Rod Hay wrote:
>
> > Jim is now the third person that has been called a racist, by our new
> > champion name caller.
> >
> > Mine wrote:
> > you are being *disgustingly racist*,
> >
> > --
> > Rod Hay
> > [EMAIL PROTECTED]
> > The History of Economic Thought Archive
> > http://socserv2.mcmaster.ca/~econ/ugcm/3ll3/index.html
> > Batoche Books
> > http://Batoche.co-ltd.net/
> > 52 Eby Street South
> > Kitchener, Ontario
> > N2G 3L1
> > Canada
>
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail [EMAIL PROTECTED]

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]




Re: Re: GT [was: Re: Re: Re: Re: Re: McArthur grantee (fwd)

2000-06-19 Thread Jim Devine

At 11:28 PM 06/18/2000 -0400, you wrote:
> GT is methodologically on the right. Period. The reason for this is 
>that the attention to micro foundations through rational choice, game 
>theoric models and formal modeling of neo-classical economics  have tended 
>to obscure the importance of relations of production and the exploitative 
>relationship between the capitalist and the worker. GT lacks a progressive 
>framework to explain systemic inequalities.

no, the problem is that GT typically assumes relative equality in "games." 
It need not do so.

> >While I respectfully say that this is A bullshit [a BS what? a BS 
> argument?],
>
>supposed "neutrality" of game theory...
>
> >I think that the very assumptions of game theory--individualism, profit 
> maximizing agency, egoism, alturism [altruism?] in return for 
> benefit--are bombastically IDEOLOGICAL.

>first of all, don't correct my words or intervene in the text. You are 
>not  the editor here.

Actually, I am (and an economist too). One of the frustrating things about 
threads in  on-line discussions is that they rapidly become 
incomprehensible to the readers. And frankly, I'm not talking just to you 
but to others who are reading this. I try to make it comprehensible to 
them. Further, "editing" something allows me to be more careful in my 
reading of it. Anyway, putting little comments in brackets like 
"[altruism?]" is not the same as editing.

>I write quickly, and sometimes misuse letters. Knowing that English is my 
>second language, you are being *disgustingly racist*,
>like once upon a time you called third world people *irrational* here.

As far as I am concerned, you can have any opinion of me that you want. But 
the fact that you're stooping to calling me names says that this 
conversation is over. This is my last contribution to this thread.

More importantly, I _never_ referred  to third world people as irrational. 
I would like to see documentation of this totally outrageous claim. If you 
have any evidence, I _will_ respond, to show that it is spurious and libelous.

>You should consider an apology to the list, or at least to the 
>international members of the list!

An apology is appropriate only appropriate if I'd done something wrong.

>... I am saying that the game theoretical applications of conflict
>resolution to international relations and security studies (which I don't
>think you are aware, btw) come up with explanations and results that
>tend to promote the foreign policy interests of the US. Have you ever
>attempted to see where game theorists publish their articles in the
>majority of cases? They are the kind of journals such as _Foreign
>Affairs_, _Washington Report_ _Strategic Studies_, _Journal of Military
>Studies_, etc.. How do you assume that these people having their articles
>published in these journals are objective, given that the institutional
>basis of these journals is intimately related to the US political system
>and the international political order it is trying to endorse. Once I was
>reading a game theoretical explanation of military intervention in Haiti
>in one of these journals. The study was briefly talking about how to keep
>the junta in power with the US help and democratize Haiti in the mean time
>without causing social conflict (revolt). The author was constructing a
>game theory of how to make democracy work in Haiti without pissing off
>the US as well as the junta. If this is not ideology, what is it?

This suggests that GT is so empty that it can be used to justify 
_anything_. Hey, that's a sustantive criticism!

> >African Americans have not chosen to be discrimanated by whites. Women
> >have not chosen to be beaten by men..Nobody chooses the heads of
> >corporations (even in some formal sense). If there is oppression,  it is
> >because there has been oppression against some others' rights to  equality.
>
> >Again, I can imagine someone could apply GT to model the way in which
> >social institutions limit choice. On racism, for example, imagine a black
> >person who decides whether to (a) stay with his or her community or (b)
> >try
> >to fit within white society.
>
>How can a black "choose" to fit within a white society?

you'll notice that I used the phrase "try to fit." A lot of black people 
had lighter skin have been pretty successful at this. Even the 
darker-skinned types can try to fit in _culturally_. I didn't say that they 
would succeed.

>If we start the game with this individualistic assumption, then we end up 
>saying that blacks are responsible for causing racism by consciously 
>choosing the conditions they live in. One can *not* start the game with 
>the assumption that blacks and whites share the same circumstances, rules 
>of the game and the social institutions limiting their choices. 
>Institutions do not limit
>blacks and whites' choices equally. They discriminate...

I didn't say that "blacks and whites share the same circumstances, rules of 
the game and the soc

Re: McArthur grantee

2000-06-19 Thread Yoshie Furuhashi

>What's happening on this thread is a microcosm of what generally happens
>in 'science'. Nobody posting appears to have read anything by
>Rabin. Everyone has an opinion/prejudice on some general issue related to
>the fields Rabin is known to be investigating -- game theory, psychology
>etc. Whatever contribution Rabin may have made or not made to
>understanding gets buried in a rehash of preconceptions. Ultimately, what
>will matter is what kind of impression the fellow's manners have made on
>the folks with the most influence in the profession (brilliant, good
>company). It doesn't matter what you say, it's still the conventional
>wisdom at the end of the day.
>
>Tom Walker

I did take a look at Matthew Rabin's home page, etc., and based upon 
the abstracts of his papers, I'd say his work is not useful for 
Progressive Economists.  See below for sample abstracts (the main 
points of "Psychology and Economics" -- the article Jim D mentioned, 
I believe -- may appear mildly interesting if no news to us; the 
thesis of "Bargaining Structure, Fairness, and Efficiency" looks 
inoffensive -- in the context of mainstream economics -- but not 
particularly useful in left-wing practice; and the rest look bad, in 
that they are implicitly written from the point of view of 
managers/gov. technocrats setting up structures of rewards & 
punishments for individuals to achieve efficiency):

*   "Psychology and Economics," Berkeley Department of Economics 
Working Paper
No. 97-251, January 1997

Abstract: Because psychology systematically explores human judgment, 
behavior, and well-being, it can teach us important facts about how 
humans differ from traditional economic assumptions. In this essay I 
discuss a selection of psychological findings relevant to economics. 
Standard economics assumes that each person has stable, well-defined 
preferences, and that she rationally maximizes those preferences. 
Section 2 considers what psychological research teaches us about the 
true form of preferences, allowing us to make economics more 
realistic within the rational-choice framework. Section 3 reviews 
research on biases in judgment under uncertainty; because those 
biases lead people to make systematic errors in their attempts to 
maximize their preferences, this research poses a more radical 
challenge to the economics model. The array of psychological findings 
reviewed in Section 4 points to an even more radical critique of the 
economics model: Even if we are willing to modify our familiar 
assumptions about preferences, or allow that people make systematic 
errors in their attempts to maximize those preferences, it is 
sometimes misleading to conceptualize people as attempting to 
maximize well-defined, coherent, or stable preferences.   *

*   BARGAINING STRUCTURE, FAIRNESS, AND EFFICIENCY

Matthew Rabin
Department of Economics
University of California, Berkeley

First Draft: June 15, 1996
This Draft: February 24, 1997


Abstract: Experiments with the ultimatum game -- where one party can 
make a take-it-or-leave-it offer to a second party on how to split a 
pie -- illustrate that conventional game theory has been wrong in its 
predictions regarding the simplest of bargaining settings: Even when 
one party has enormous bargaining power, she may [Yoshie: the word 
"not" seems missing here] be able to extract all the surplus from 
trade, because the second party will reject grossly unequal 
proposals. But ultimatum games may lead us to misconstrue some 
general lessons: Given plausible assumptions about what preferences 
underlie ultimatum-game behavior, alternative bargaining structures 
that also give a Proposer enormous bargaining power may lead to very 
different outcomes. For virtually any outcome in which the Proposer 
gets more than half the pie, there exists a bargaining structure 
yielding that outcome. Notably, many bargaining structures can lead 
to inefficiency even under complete information. Moreover, 
inefficiency is partly caused by asymmetric bargaining power, so that 
"fairer environments" can lead to more efficient outcomes. Results 
characterize how other features of simple bargaining structures 
affect the efficiency and distribution of bargaining outcomes, and 
generate testable hypotheses for simple non-ultimatum bargaining 
games.

Keywords: Bargaining, Efficiency, Fairness, Inefficiency, Inequality, 
Ultimatum Game

JEL Classification: A12, A13, B49, C70, D63   *

*   INCENTIVES FOR PROCRASTINATORS

Ted O'Donoghue
Department of Economics
Cornell University
and
Matthew Rabin
Department of Economics
University of California, Berkeley
November 17, 1998


Abstract: We examine how principals should design incentives to 
induce time-inconsistent procrastinating agents to complete tasks 
efficiently. Delay is costly to the principal, but the agent faces 
stochastic costs of completing the task, and efficiency requires 
waiting when costs are high. If the principal knows the task-co

Re: free market in religion

2000-06-19 Thread JKSCHW


> Some people liken the "left" or Marxism to a religion. Thus, if we want the 
"left" to grow, maybe we should require the wearing of special beanies or 
the use of obscure jargon?

We don't already? 




Rabin

2000-06-19 Thread Michael Perelman

I looked at one Rabin article in preparing my book, Class Warfare in the
Information Age.  I did not find it particularly useful, but it was
nothing to get worked up about.  As I mentioned before, Game Theory has
not yet yielded any profound insights that I know of, although it was
credited with making the auctions of the airwaves more profitable to the
government.



Rabin, Matthew. 1993. "Information and Control of Productive Assets."
Journal of Law, Economics and Organization, 9: 1 (April): pp. 51-76.
   52: "Because I assume that production is inefficient if the informed
party buys the factory, and because information is always revealed in
equilibrium, in all the models below inefficiency occurs if and only if
the informed party gains control of the factory."
   53: "There is a tradeoff for the outside party in revealing her
information. If she reveals her private information during bargaining,
she overcomes the adverse selection problem.  But then owner of the
factory can produce without her, using the revealed information.  Only
if she can contribute to productivity even after revealing her
information can she make profits.  Thus, a supplier of machines will
reveal uses for those machines only if it has a large advantage in
supplying these machines; otherwise, a supplier will inefficiently
obtain control over those assets used in production along with its
machines.  A marketing firm would reveal to manufacturers what products
to produce only if it is in a unique position to distribute the product;
otherwise,it will purchase only the assets to produce the product
itself, even if it is inefficient at production.  The models suggest,
therefore, that firms are more likely to trade through markets when
informed parties are also superior providers of productive services that
are related to their information.  If, on the other hand, information is
a firm's only competitive advantage, it is likely to obtain control over
assets, possibly by buying firms that currently own those assets."

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]




Re: Re: Re: Brilliant Economists

2000-06-19 Thread Doug Henwood

Jim Devine wrote:

>BTW, who is the MacArthur foundation (that gave Rabin his grant)? is 
>it related to the late General MacArthur, who helped create the 
>modern Japanese economic powerhouse (via land reform)? where do they 
>get their money from? what criteria does the foundation apply in 
>deciding who's a "genius"? do they give IQ tests? why haven't they 
>called me?

The money comes from a Chicago insurance fortune. Old Man MacArthur 
was a rightwing crank who hated taxes, and started this foundation to 
avoid them. His grandson (I think) John MacArthur is the publisher of 
Harper's. For a while, a bunch of Dissentoids were getting MacArthur 
grants but they seem to have exhausted their supply of eligible 
social imperialists. The most radical person to get one was Mike 
Davis, who bought a house in Hawaii with the proceeds.

Doug




Re: Re: Re: McArthur grantee (fwd)

2000-06-19 Thread JKSCHW

Well, there is a hell of a lot of stuff attacking rational choice models generall. In 
polisci--Mine is in polisci, no?--there is a  book called Pathologies of Rational 
Choice theory that raised quite a flap a few years ago. In psychology, Kahnemann and 
Tversky (see, e.g., Judgment Under Uncertainty), or Nisbett and Ross (see e.g., Human 
Inference), or Johnson-Laid (Mental Models), have carried out long wars arguing that 
actual humans do not instantiate the assumptions of game theory or rat choice models 
anyway. Elster, oddly enough, has briefly encompassed many of these objection in a 
number of books, including his 1982 classic, Sour Grapes. Elizabeth Anderson discusses 
them as well in her  value in Ethics and Economics. 

All that being said, rat choice and game theory offer a powerful set of tools that is 
very useful as long as you don't let it run away with your brain. 

--jks

In a message dated Sat, 17 Jun 2000  3:20:37 AM Eastern Daylight Time, Rob Schaap 
<[EMAIL PROTECTED]> writes:

<< Game theory has always irritated the hell out of me, too, Mine
(artificially bounded, neglectful of interpersonal and cultural norms, and
ever in the thrall of that inevitable moment of equilibrium).  I'd be most
interested to watch you wage your noble war, anyway.  Or perhaps, point me
at any concise demolition article of which you might be aware.

Cheers,
Rob.


 >>




Re: Re: name calling (fwd)

2000-06-19 Thread Doug Henwood

[EMAIL PROTECTED] wrote:

>I say zero tolerance
>for racist use of language!

Zero tolerance? I love it when Marxists try to sound like Rudy Giuliani.

Doug




Re: Re: Re: Brilliant Economists

2000-06-19 Thread Brad De Long

>Brad De Long wrote: >Why don't you go read something Matthew Rabin 
>has written?<
>
>actually, Brad, could you do us a favor? could you please give us 
>summaries of your two favorite articles by Rabin? what did these 
>articles contribute? The summaries don't have to be long. 25 words 
>or less.
>
>I gave a very short precis of his survey article on economics and 
>psychology, which people seemed to ignore.

Of course they ignored it. Knowing something about Matthew Rabin and 
his work would limit one's ability to say whatever one likes...

Brad DeLong




Re: Re: GT [was: Re: Re: Re: Re: Re: McArthur grantee

2000-06-19 Thread JKSCHW

The PD generates the players' second worst outcome, not the worst one. The worst is 
generated byL I cooperate, you defect. --jks

In a message dated Sat, 17 Jun 2000 11:38:55 PM Eastern Daylight Time, 
[EMAIL PROTECTED] writes:

<< I believe Michael Ellman, in his book on Socialist Planning some
twenty or more years ago, actually started off the book with the
classical prisoners' dilemma, using it to show how it generated the
_worst_ outcome.

That came about because of the initial assumptions that individuals
would seek to maximize their utility, in this instance defined as
length of prison sentence.

Thus, the classical prisoners' dilemma demonstrated that under such
assumptions -- precisely the assumptions of standard economic
thinking -- one got the _worst_ of all possible worlds! A delicious
and simple demonstration of the conceit of the claims of
neo-classical economic thought.

There's really nothing in game theory as such that's ideological.
Whatever ideology there is resides in the initial assumptions, and
those initial assumptions embody the structural constraints. So it
depends on how one structures the game, i.e. how one specifies those
initial conditions/assumptions. For instance, in that classical
prisoners' dilemma, the outcome would change if one added in an
assumption of a prior commitment to solidarity arising from, say,
membership in a movement for national liberation. In that case, with
such a prior commitment, then the rules would be solidarity over
imprisonment and, lo and behold!, the outcome would be both would not
confess, resulting in the best of all possible outcomes from a
straightforward utility point of view, i.e. they _both_ get the
shortest sentence. Thus, the oldest and most famous of game theoretic
examples illustrates that, e.g., solidarity trumps utility
maximization as a strategy!! I can't think of a simpler demonstration
of the utility of solidarity and the disutility of individualistic
selfishness.

Furthermore, in iterative prisoners' dilemma, it turns out that the
best course of action is to start off assuming cooperation, not
competition.

As to whether the fact that unique solutions are available only for
two-person (and of course 'person' here is not 'individual person')
games is a weakness or not would depend upon how one simplifies the
situation to assimilate it to a two-person situation. Such
simplifications are common enough in physics where the n-body (n>2)
problem remains unsolved, I believe.

Basically, mathematical models all depend upon how one specifies
initial conditions and parameters, and their use depends upon
recognising the adequacy of the model to the issue at hand. It would
be foolish to try and apply game theory to everything, but is there a
theory of everything, superstrings notwithstanding?

KJ Khoo


Jim Devine wrote:
>At 03:11 PM 06/17/2000 -0400, you wrote:
>>I don't understand the antagonism to game theory. It is a logical
>>technique--a
>>tool that can be used to focus the mind on strategic decisions. It
>>has the
>>weakness that it can only practically discuss the interaction of
>>two people,
>>but surely there is nothing inherent in it that would bring out
>>this scorn.
>
>I'm not antagonistic toward game theory, _per se_. I even studied it in
>High School (back in 1967 or 1968) and thought it was pretty cool. The
>problem, as with all theory, is how it's used and whether the theory is
>reified or not. I've been convinced (partly by previous discussions on
>pen-l) that there's nothing inherent in game theory that says that
>John von
>Neumann would automatically apply it to call for a preemptive unilateral
>nuclear attack on the USSR. There's nothing inherent in game theory that
>says that up-and-coming young economists have to prove their cojones by
>using fancy techniques like game theory (GT). What I reject is the
>_reduction_ of economics to such formalisms as game theory (so that
>empirical research, a historical perspective, non-game theories,
>philosophy, etc. aren't necessary). Even worse is _cooperative_ game
>theory, which not only gets rid of the more interesting conclusions
>of the
>theory but represents a Panglossian "best of all possible worlds"
>approach.
>But we should also remember that other theories have been misused,
>including Marxian theory.
>
>Mine quotes Ronald Chilcote: >Game theory and formal modeling have
>generated mathemetical explanations of strategies, especially for
>marketing
>and advertising in business firms. Game theory has had an impact on
>economics and it has been widely  used in political science analyses of
>international confrontations and electoral strategies. In fact, game
>theory
>has been extensively used  by political scientists in the testing and
>implementation of rational choice theory, which assumes that THE
>STRUCTURAL
>CONSTRAINTS OF SOCIETY DO NOT NECESSARILY DETERMINE THE ACTIONS OF
>INDIVIDUALS AND THAT INDIVIDUALS TEND TO CHOOSE ACTIONS THAT BRING
>THEM THE
>BEST RESULTS.<
>
>I 

Re: Re: name calling

2000-06-19 Thread Jim Devine

Hey, in personal conversation, I switched over to Newspeak years ago. It's 
doubleplusgood!

At 06:37 AM 6/19/00 -0700, you wrote:
>__
>
>  PROPOSED RESOLUTION
>  ON
> THE COUNTERREVOLUTIONARY NATURE
>  OF
>  THE ENGLISH LANGUAGE
>
> It is clear that our movement has come a long way in the last two
>years. Beginning from a preoccupation with essentially liberal issues like
>student power and peace, we have arrived at a perspective through which we
>have aligned ourselves with the revolutionary working class against American
>capitalist imperialism.
>
> The achievement of a correct position does not, however, mean that
>our intellectual struggle is over. We must explore the implications of
>working class politics for every area of our activity, in order to reinforce
>those politics and free them from contamination by bourgeois individualist
>thought. This proposal is a modest contribution to this effort.
>
> Concern with correct thinking and proper expression of that thought
>is a hallmark of the true revolutionary. Our vehicle for thought and
>communication is language; to be concrete, it is the English language. Now
>it has never occurred to us that this language is by its very nature
>counterrevolutionary and that truly correct revolutionary thought in English
>is therefore impossible. Yet we intend, through careful analysis, to
>establish that the English language is little more than a tool of
>imperialism designed to stifle genuinely radical ideas among the
>English-speaking masses.
>
> We can talk about language from the standpoints of meaning and
>structure. Although bourgeois linguists introduce complex terminology into
>their discussions of meaning, chiefly in order to prevent us from
>understanding what they mean, we shall consider it only in terms of words.
>Now English has a great many words, and this in itself is suspect: what it
>suggests is that no matter how hard the worker tries to educate himself, the
>bosses and their lackey politicians can always produce new words from their
>lexical grabbag to confuse him. Even in our own movement this elitist
>duplicity manifests itself in the use of esoteric words like "chauvinism,"
>"reification," "dialectical materialism." and so on. It is almost axiomatic
>that the revolutionary status of a language is inversely proportional to the
>weight of its dictionary.
>
> Lest this sound farfetched, we may cite the pioneer linguist Otto
>Jesperson in _The Growth and Structure of the English Language_. He notes
>that the Norman invasion and subsequent domination of England for centuries
>by descendants of the French-speaking conquerors produced a class division
>of the English vocabulary, with the French imports reserved chiefly for the
>upper classes. The other great influx of foreign words came during the
>Renaissance when scholars, not content with the language of the people,
>imported quantities of Latin and Greek, thus widening the semantic gulf
>between the educated elite and the masses.
>
> Significant though consideration of meaning be, it is in the area of
>language structure that our analysis is most fruitful. Structure or syntax
>is the sum of all those rules which govern the ways the words in any
>language can be put together to make sense. We use the rules of syntax more
>of less unconsciously because they are inculcated in early childhood along
>with religion, patriotism, etc. It is the unconscious nature of syntax which
>makes its influence so insidious.
>
> The foundation of structure is the categories, which are theoretical
>divisions of human experience imposed on all languages. In English the main
>categories are tense and number; centuries ago we had gender as other
>European languages still do. There are many other categories: some languages
>divide all mater by shape, so that one cannot speak of an object without
>adding some word ending to indicate whether it is round, square and so on,
>while others classify things by their tangibility or lack thereof. The
>categories are classifications of thought; in English we cannot, for
>instance, speak of anything without indicating number (singular or plural)
>and time (past, present, future).
>
> Bourgeois scholars pretend to make a great mystery of the
>categories, in order to conceal the perfectly plain facts. Edward Sapir, for
>example, baldly states in _Language_ that the origin of linguistic
>categories is altogether unknown. It is crystal clear to the proletarian
>analyst, however, that the nature of the categories arises directly from the
>nature of the ownership of the means of production: how else explain the
>preoccupation of English syntax with time and number? It is the capitalist
>factory system which necessitates an emphasis on time, and it

Matt Rabin

2000-06-19 Thread Brad De Long

Well, just to take the things Matt Rabin has written recently that 
are on my desk...




"Inference by Believers in the Law of Small Numbers,"

Many people believe in the "Law of Small Numbers," exaggerating the 
degree to which a small sample resembles the population from which it 
is drawn.  To model this, I assume that a person exaggerates the 
likelihood that a short sequence of i.i.d. signals resembles the 
long-run rate at which those signals are generated.  Such a person 
believes in the "gambler's fallacy", thinking early draws of one 
signal increase the odds of next drawing other signals.  When 
uncertain about the rate, the person over-infers from short sequences 
of signals, and is prone to think the rate is more extreme than it 
is.  When the person makes inferences about the frequency at which 
rates are generated by different sources-such as the distribution of 
talent among financial analysts-based on a few observations from each 
source, he tends to exaggerate how much variance there is in the 
rates.  Hence, the model predicts that people may pay for financial 
advice from "experts" whose expertise is entirely illusory.  Other 
economic applications are discussed.



"Social Preferences:  Some Simple Tests and a New Model"

Departures from pure self-interest in economic experiments have 
recently inspired models of "social preferences".  We conduct 
experiments on simple two-person and three-person games with binary 
choices that test these theories more directly than the array of 
games conventionally considered.  Our experiments show strong support 
for the prevalence of "quasi-maximin" preferences:  People sacrifice 
to increase payoffs for all recipients, but especially for the 
lowest-payoff recipients.  People are also motivated by reciprocity: 
While people are reluctant to sacrifice to reciprocate good or bad 
behavior beyond what they would sacrifice for neutral parties, they 
withdraw willingness to sacrifice to achieve a fair outcome when 
others are themselves unwilling to sacrifice.  Some participants are 
averse to getting different payoffs than others, but based on our 
experiments and reinterpretation of previous experiments we argue 
that behavior that has been presented as "difference aversion" in 
recent papers is actually a combination of reciprocal and 
quasi-maximin motivations.  We formulate a model in which each player 
is willing to sacrifice to allocate the quasi-maximin allocation only 
to those players also believed to be pursuing the quasi-maximin 
allocation, and may sacrifice to punish unfair players.




"Psychology and Economics"

Because psychology systematically explores human judgment, behavior, 
and well- being, it can teach us important facts about how humans 
differ from traditional economic assumptions. In this essay I discuss 
a selection of psychological findings relevant to economics. Standard 
economics assumes that each person has stable, well-defined 
preferences, and that she rationally maximizes those preferences. 
Section 2 considers what psychological research teaches us about the 
true form of preferences, allowing us to make economics more 
realistic within the rational-choice framework. Section 3 reviews 
research on biases in judgment under uncertainty; because those 
biases lead people to make systematic errors in their attempts to 
maximize their preferences, this research poses a more radical 
challenge to the economics model. The array of psychological findings 
reviewed in Section 4 points to an even more radical critique of the 
economics model: Even if we are willing to modify our familiar 
assumptions about preferences, or allow that people make systematic 
errors in their attempts to maximize those preferences, it is 
sometimes misleading to conceptualize people as attempting to 
maximize well-defined, coherent, or stable preferences.



"Moral Preferences, Moral Constraints, and Self-Serving Biases"

Economists have formally modeled moral dispositions by directly 
incorporating into utility analysis concern for the well-being of 
others.  But sometimes moral dispositions are not preferences, as 
connoted by utility analysis, but rather are ingrained as (internal) 
constraints.  I present a model fleshing out this distinction:  If 
moral dispositions are internal constraints on a person's real goal 
of pursuing her self-interest, she will be keen to self-servingly 
gather, avoid, and interpret relevant evidence, for the purpose of 
relaxing this constraint and pursuing her self interest.  This gives 
rise to self-serving biases in moral reasoning.  I show that this 
alternative model has some implications different from a standard 
utility model.  Specifically, because a person seeks to avoid 
information that interferes with her self-interest, the scope for 
social influence in moral conduct is greater than it is in the 
conventional model.  Outside parties can improve a person's moral 
conduct by a) forcing her to receive 

Re: Re: GT [was: Re: McArthur grantee (fwd)

2000-06-19 Thread md7148



>G'day Mine,

G'day...

I wrote:

>Altruism has a pragmatic connotation in cooperative game theory. You give
>in order to receive. As Richard Dawkins wrote in _Selfish Gene_, the book
>that is a prototype of fascism and sexism, men compete to fuck women in
>order to transfer their superior genes to their offsprings. The
>possibility of being fucked or selected from the pool depends on how men
>are altrustic to women as well as how
>much women can offer. 

>I think there's a lot to Dawkins' theory - and it is a theory that may or
>may not be deployed to support fascism and sexism (I think Dawkins
>himself
>read too much and too little into his theory, especially in his first
>edition), but I maintain it is not *necessarily* what you say it is.
>Part of the environment within which our genes march through history is
>human culture and the particular power relations of the moment - that
>makes our genetic history a rather particular and complex business - but
>it doesn't deny Dawkins so much as introduce a dialectical relationship
>into the mix. Fine. 

Rob, as the author himself said in many occasions, the main purpose of 
Dawkin's book is to reject Marx's dialectic and instead to introduce the
_primacy_ of genes in determining human behavoir. In other words, Dawkins
is not saying the things you would like to attribute to him-- ie.,
evolution of human genetic structure throughout history. On the contrary,
he is saying that social environment, history, power relations have no
influence on the development of human nature. He is trying to eliminate
the role of external factors to openly say that we (like other non human
animals) are "machines created by genes". In the book, Dawkins goes into a
deep explanation of what genes are, what they serve for and how they
survive. The politically dangerous aspect of this genetic reductionism is
that it sees the charecteristics human beings learn in society
(competitiveness, selfishness, egoism, possessiveness, private property,
rape etc..) in the human genetic make up. His argument is implicity
reactionary  not only because he sees human nature as fixed and unchanging
but also because it ahistorically projects the charectristics of
competitive market society (which he *reifies* like neo-classical
economists) onto human nature to *imply* that capitalism  is what we
*naturally* have and it is what we are doomed to have in the future.
Accordingly, he is ridiculing at the Marxist agenda of replacing
capitalism with socialism or an egalitarian form of  society. The man's
problem is with equality.


>And anyway, experience tells us that women in liberal capitalist polities
>compete no less than men when it comes to the mating game (I imagine this
>would be true in much, but perhaps not all, of Turkey, too). 

Correct, but this is not Dawkins. Dawkins is *not* saying that "liberal
capitalist policies" force men and women to act in certain ways, though I
would still suggest capitalism reinforces traditional sexual practices by
disempowering women in the mating game. Yes, women compete no less than
men, but when it comes to how women expect men to treat them in certain
ways, you will see that capitalism maintains the hierarchial structure of
gender relations.

Regarding competition and cooperation, many anthropological studies show
that these concepts gain their meanings within the form of social
organization and type of society individuals live in. It also depends on
which historical period we are talking about.  We can not expect ancient
Athenians, for example, subscribing to the notion of capitalist
rationality and competitive individualism that we understand in the modern
sense of the term today. They had a different societal structure and
property regime.or think about hunting gathering societies;  Eventhough in
those societies, there was still a division of labor by sex, gender
inegualities were not as systemic and cumulative as they are under
capitalism.  Furthermore, cross-cultural and cross-historical studies have
proven variations among how these terms apply given country's situatedness
with the capitalist world system. 

in any case, as somebody's post clarifed about what Rabin's work is and
where the source of funding comes from,I see neither Rabin's work nor
Dawkin's particulary useful for leftist politics..whoever thinks it is
useful is mistaken and does harm to Marxism.


DAwkins say:

"Each individual wants as many surviving

children as possible. The less he or she is obliged to invest in any one
of those children, the more children he or she can have.

The obvious way to achieve this desirable state of affairs is to induce
your sexual partner to invest more than his or her fair

share of resources in each child, leaving you free to have other children
with other partners. This would be a desirable strategy

for either sex, but it is more difficult for the female to achieve". 





Re: Matt Rabin

2000-06-19 Thread Doug Henwood

Brad De Long wrote:

>"Inference by Believers in the Law of Small Numbers,"
>
>Many people believe in the "Law of Small Numbers," exaggerating the 
>degree to which a small sample resembles the population from which 
>it is drawn.  To model this, I assume that a person exaggerates the 
>likelihood that a short sequence of i.i.d. signals resembles the 
>long-run rate at which those signals are generated.  Such a person 
>believes in the "gambler's fallacy", thinking early draws of one 
>signal increase the odds of next drawing other signals.  When 
>uncertain about the rate, the person over-infers from short 
>sequences of signals, and is prone to think the rate is more extreme 
>than it is.  When the person makes inferences about the frequency at 
>which rates are generated by different sources-such as the 
>distribution of talent among financial analysts-based on a few 
>observations from each source, he tends to exaggerate how much 
>variance there is in the rates.  Hence, the model predicts that 
>people may pay for financial advice from "experts" whose expertise 
>is entirely illusory.  Other economic applications are discussed.

For this you need game theory and a formal model? Is there anything 
here that couldn't be conveyed in three or four sentences of demotic 
prose?

Doug




Dawkins (was Re: GT)

2000-06-19 Thread Yoshie Furuhashi

Mine quotes Dawkins:
>"Each individual wants as many surviving children as possible"

Nowadays, very few men and fewer still women "want" as many surviving 
children as possible.  And that's why Dawkins needs to construct 
humans as if we were merely vehicles for thinking & desiring genes: 
"We" may not want as many surviving children as possible, but "our 
genes" do.  Duh.

Dawkins, etc. do nothing but depoliticize the question of 
reproduction of human beings & social relations.  Very anti-feminist.

Yoshie




Re: Re: Re: GT [was: Re: Re: Re: Re: Re: McArthur grantee

2000-06-19 Thread Jim Devine

Justin wrote:
>The PD generates the players' second worst outcome, not the worst one. The 
>worst is generated by I cooperate, you defect. --jks

Justin, I hope you don't mind that I edited what you said here, dropping 
the extraneous "L."

What the "worst outcome" is depends on your perspective. The "I cooperate, 
you defect" outcome is the worst only from an individual's (my) 
perspective, whereas the "you cooperate, I defect" would be the worst from 
the other individual's (your) perspective. From the _social_ perspective, 
the worst would be "both defect."

Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine
["clawww" or "liberalarts" can replace "bellarmine"]




Re: Matt Rabin

2000-06-19 Thread Eugene Coyle



Brad De Long wrote:


> Well, just to take the things Matt Rabin has written recently that
> are on my desk...

(snip)

>
>
> "Psychology and Economics"
>
> Because psychology systematically explores human judgment, behavior,
> and well- being, it can teach us important facts about how humans
> differ from traditional economic assumptions. In this essay I discuss
> a selection of psychological findings relevant to economics. Standard
> economics assumes that each person has stable, well-defined
> preferences, and that she rationally maximizes those preferences.
> Section 2 considers what psychological research teaches us about the
> true form of preferences, allowing us to make economics more
> realistic within the rational-choice framework.

snip

>
>
> Brad DeLong

It seems to me that "standard economics" assumes that individual
preferences are just that -- not influenced by what others are doing,
and further assumes that preferences are fully reversible in time.

Without those assumptions NC economics stands in thin air.  In other
words, close all the econ departments.  Duesenberry blew this nonsense
away fifty years ago, followed by many others, notably Robin Marris.
But even when distinguished economists inside NC economics show that it
is nonsense, nothing changes.

Gene Coyle




Re: Re: GT

2000-06-19 Thread Jim Devine

I wrote:
>>Someone already pointed out that GT need not involve individualism or 
>>profit-maximizing or egoism. One can apply altruism in making decisions 
>>in the game.

Yoshie writes:
>Isn't altruism a dialectical twin of individualism?  The concept of 
>"altruism" emerged in the English language in the mid-19th century, 
>according to the OED.  The word is used in attempts to explain why an 
>individual cares (or should care) about anyone besides himself at all.  In 
>other words, under capitalism, regard for others emerged as a "problem" in 
>need of an ethical, philosophical, or scientific explanation, whereas in 
>the world before capitalism (= the world where individualism as we know it 
>didn't exist) no one taxed his brains trying to come up with philosophical 
>or biological reasons why one should care about others, because it was 
>taken for granted -- part of social institutions -- that one did.

The first part makes sense to me. I think that the concept of altruism 
(usually meaning self-sacrifice to help others) is impoverished. You are 
accurate to reject the individualism/altruism duality. People have what 
Elster calls "mixed motives," though his vision seems limited, too. 
(Actually, the individualistic homo economicus would probably be diagnosed 
as either being a sociopath (a.k.a., psychopath) or autistic.)

The vast majority of economists don't study psychology (or sociology or 
political science). Whatever one thinks of Matt Rabin, he should be praised 
for trying to break down the economics profession's snobbery toward other 
fields and thus undermining the common Beckerian attitude of "economic 
imperialism," the view that economics biases can be applied to all fields.

>So it seems to me that whether actors are conceived as profit-maximizing 
>or behaving altruistically, Game Theory is about individuals and their 
>choices in the world of Scarcity & Opportunity Costs (as conceived in 
>neoclassical economics).

I think it's more than scarcity and oppty cost. GT represents a rudimentary 
effort to describe society using "rules of the game." It shows at least the 
possibility of conflict, which doesn't exist in textbook NC economics.

BTW, when I was working on my article on Hobbes, Locke, & Rousseau 
(published recently in POLITICS & SOCIETY, if I may brag), I found that 
though the "prisoner's dilemma" game had some insights (representing the 
Hobbesian "war of each against all"), it had to be transcended. First, 
there are only two "players." I posit a large number of "agents." Second, 
there are only four results (a Hobbesian war where both defect, a nice 
result, and two cases where one person defects and the other doesn't). 
Instead, I posit a continuum of results from ultra-anarchy to 
ultra-collectivism. Third, the PD model usually ignores the endogeneity of 
preferences: I see the Hobbesian situation as breeding Hobbesian 
personalities (i.e., paranoids), just as the "civilized" result breeds 
public-spirit.

Now that I think of it, Locke's silly assumption that in a "state of 
nature" everyone should -- and will -- respect everyone else's lives and 
properties (despite the fact that property cannot be defined without a 
state) is akin to the common neoclassical assumption that games are 
cooperative. Hey, I should call up the editors of P&S and have them call 
back the journal and add that insight...

>Are game theorists interested in changing the game at all?  I doubt 
>it.  If we start with atomized individuals trying to survive (or help 
>other individuals survive) in the world as it exists now, it seems to me 
>that _as isolated individuals_, we -- or at least most of us, very 
>"altruistic" ones perhaps excepted -- don't find it in our (or other 
>individuals') "interest" to exert much efforts & take risks in trying to 
>bring about an alternative to capitalism.  Working for radical social 
>change doesn't "pay," and we don't need Game Theory to tell us what common 
>sense can teach us.  Struggling for the abolition of capitalism (or any 
>radical social movement, for that matter) only "makes sense" when we don't 
>start with atomized individuals.

Peter Dorman (who used to be on pen-l) has used game theory to promote 
progressive change.

>Therefore, if Game Theory isn't "reactionary," it is at least very 
>conservative.

I dunno. It seems to me that it's a poor worker who blames the tools -- or 
a poor worker who lets the tools determine the work that's done. I blame 
capitalism, academia, and the economics hierarchy for the way in which GT 
has been turned into a badge of honor and a tool for rising to the top, so 
that people let GT take over their minds. Instead, it could have been used 
to get a small number of insights and then shelved.

Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine
["clawww" or "liberalarts" can replace "bellarmine"]




Re: Re: Matt Rabin

2000-06-19 Thread Jim Devine

Gene wrote:
>It seems to me that "standard economics" assumes that individual
>preferences are just that -- not influenced by what others are doing,
>and further assumes that preferences are fully reversible in time.
>
>Without those assumptions NC economics stands in thin air.  In other
>words, close all the econ departments.  Duesenberry blew this nonsense
>away fifty years ago, followed by many others, notably Robin Marris.
>But even when distinguished economists inside NC economics show that it
>is nonsense, nothing changes.

In an earlier incarnation, if I remember correctly, Herb Gintis showed that 
endogenous tastes undermines all of NC welfare economics.

Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine
["clawww" or "liberalarts" can replace "bellarmine"]




Berkeley Indisciplinary Economics

2000-06-19 Thread Michael Perelman

If that were the purpose of the McArthur grant, then George Akerlof of Berkeley
would have won.  He is not particularly leftist, but he does browse in the
fields of anthro., sociology, and cognitive psychology.

What other economists have won the grants?  Heidi Hartman and Michael Kremer
are pretty good.  Who else has won?

Jim Devine wrote:

> Whatever one thinks of Matt Rabin, he should be praised
> for trying to break down the economics profession's snobbery toward other
> fields and thus undermining the common Beckerian attitude of "economic
> imperialism," the view that economics biases can be applied to all fields.

--

Michael Perelman
Economics Department
California State University
[EMAIL PROTECTED]
Chico, CA 95929
530-898-5321
fax 530-898-5901




Re: Matt Rabin

2000-06-19 Thread Timework Web

The demotic prose in question is in chapter one of every introductory
probability and statistics text ever written. It's the prediction of the
model that astounds me -- "that people may pay for financial advice from
'experts' whose expertise is entirely illusory." I'm getting right to work
on a model to predict the religion of the pope and the whereabouts of the
bears' bowel movements.

Doug Henwood wrote,

> For this you need game theory and a formal model? Is there anything
> here that couldn't be conveyed in three or four sentences of demotic
> prose?
   
> Brad De Long wrote:

>> "Inference by Believers in the Law of Small Numbers,"
>>
>> Many people believe in the "Law of Small Numbers," exaggerating the
>> degree to which a small sample resembles the population from which
>> it is drawn.

>> Hence, the model predicts that
>> people may pay for financial advice from "experts" whose expertise
>> is entirely illusory.  Other economic applications are discussed.


Tom Walker




Re: Dawkins and anthropolgy

2000-06-19 Thread Jim Devine

the more I think about Dawkins (or at least about what people, including SJ 
Gould, say about his views), the more it reminds me of Wilhelm Reich. Reich 
started trying to merge Freudian psychoanalysis with Marxian political 
economy, but as his book THE FUNCTION OF THE ORGASM shows, he became more 
and more reductionist. At one point he found a plankton-like creature in 
sea water and saw it as the basic element of life. Eventually, he went the 
reductionist route from biology to physics and came up with orgone energy. 
Will Dawkins move on to physics in response to his critics? Maybe he could 
develop the concept of econe energy, the physical form of possessive 
individualism.

Didn't Dawkins develop the concept of the "meme," a unit of culture 
analogous to a gene? The meme sounds like a perfectly good reason to avoid 
studying anthropology and sociology -- and like a perfectly reductionist 
way to deal with culture. It's ridiculous.

Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine
["clawww" or "liberalarts" can replace "bellarmine"]




Re: Re: Dawkins and anthropolgy

2000-06-19 Thread Jim Devine


>... Once the basic building blocks were put in place for a self-sustaining 
>Marxism movement, no other working-class leaders ever depended on this 
>kind of funding. It all came from the dues of party members. Our problem 
>today is that academic Marxism has pre-empted the space that once was 
>filled by a vibrant Marxist movement. It is funded by foundations, wealthy 
>individuals, academic departments, etc., all of which have a stake in the 
>status quo.

Luckily the systematic biases that come from such funding sources do not 
preclude the production of some academic Marxist research that hasn't been 
totally removed from the needs of working-class movement.

Also, how the working-class party is organized (including in collecting 
dues from the members) might bias the kinds of research done by the party 
intellectuals.

I think it's best to judge someone by her or her own work rather than on 
the basis of the funding. I was asking about MacArthur funding not because 
I wanted to trash Matthew Rabin but because I was curious, wondering why 
anyone would give money to "geniuses." However, I add that since I have 
limited time (especially because I waste so much of it on pen-l), I do 
sometimes use funding as a way of prioritizing what I read. I put stuff 
from the Heritage Foundation or the Cato Institute (two right-wing groups) 
at the bottom of the file.

Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine
["clawww" or "liberalarts" can replace "bellarmine"]




Korean Summit

2000-06-19 Thread Charles Brown

Korean summit undercuts 'Star Wars'

By Tim Wheeler  People's Weekly World

The June 12 meeting of the two Korean presidents in Pyongyang, capital of the 
Democratic People's Republic of Korea (DPRK), was greeted by peace organizations as a 
step toward ending the 50-year confrontation on the peninsula. 

The meeting also countered Clinton administration claims that the U.S. needs an 
anti-missile system to defend against the DPRK, which it brands a "rogue nation."

DPRK President Kim Il shook hands with South Korean President Kim Dae Jung during a 
welcoming ceremony at the Pyongyang airport June 12.

Kim Jong Il has unleashed a diplomatic offensive to strengthen the DPRK's relations 
with countries around the world. He recently visited Beijing. Russian President 
Vladimir Putin is set to visit Pyongyang this month, rebuffing Clinton Administration 
attempts to deploy a ballistic missile defense (BMD) in violation of the 1972 ABM 
Treaty. 

Joe Volk, executive director of the American Friends Service Committee, said, "This 
meeting is a very good initiative. What we need on the Korean peninsula is an end to 
the Cold War through threat reduction, confidence building and identifying areas of 
cooperation between the north and the south. It might lead to mutual security and in 
the not too distant future reunification of Korea"

He added, "We doubt very much if North Korea poses a real threat to U.S. security that 
justifies spending billions of dollars for an anti-missile system." 

Kim Dae Jung served prison terms under successive right-wing regimes in Seoul. A 
worldwide movement, joined by the DPRK, forced the regime to free him. 

South Korean trade with the DPRK, which was zero in 1989 reached $333 million in 1999. 
As of April 7, some 210,000 people from South Korea had visited Mount Kumgang (Diamond 
Mountain) in the DPRK, among the most beautiful peaks in the world and revered as a 
symbol of Korean unification.

The summit of the "two Kims" comes during a period of agonizing reappraisal of the 
role of the U.S. in the Korean War. The Pentagon is attempting to discredit an 
Associated Press report buttressed by eyewitnesses that U.S. soldiers massacred 
unarmed Koreans whom they had herded under the No Gun Ri bridge. The DPRK's Korean 
Central News Agency released a report on the history of the Korean War reminding 
readers that the Pentagon, and Gen. Douglas MacArthur, had schemed to escalate the 
Korean War into World War III by crossing the Yalu River. 

The plan was to draw People's China and the Soviet Union into the war and then 
retaliate with nuclear weapons. I.F. Stone provides massive documentation of this plan 
in his "Hidden History of the Korean War." Half a century later, the U.S. still 
deploys 40,000 troops and hundreds of nuclear weapons in South Korea.

Mary Day Kent, executive director of the U.S. Section of the Women's International 
League for Peace and Freedom (WILPF), told the World that her group favors 
negotiations to end the Korean War, "which has been going on for decades." 

The South Korean section of WILPF "is very concerned about human rights issues in 
South Korea and also about the process of renegotiation of the 'Status of Forces 
Agreement.' This is an indication that the U.S. plans to maintain its military forces 
in Korea into the future", she said. We are extremely concerned and opposed to the 
revival of an anti-ballistic missile proposal, which is both destabilizing and 
ineffective."

Bruce Gagnon, coordinator of the Global Network Against Nuclear Weapons and Power in 
Space, told the World, "There is a fresh breeze blowing. It runs counter to the claim 
that North Korea is ready to launch a nuclear attack against the rest of the world."

He accused the CIA of attempting to whip up hysteria against North Korea. "They have 
revised their estimates on how long it would take the North Koreans to develop an 
intercontinental ballistic missile to justify immediate deployment of Star Wars. This 
has been a fabrication from the start."

President Clinton is under mounting pressure to reject the new version of Star Wars. 
On June 12, 33 eminent scholars of U.S.-Russian relations sent a letter to Clinton 
initiated by the Council for a Livable World.

"We believe the current plans for the National Missile Defense program may undermine 
U.S. security and further aggravate U.S. relations with Russia," the letter warned. 
"We urge you not to endorse deployment at this time."

Signers include Timothy Colton and Marshall Goldman, leading Russia scholars at 
Harvard; Arthur Hartman, former Ambassador to the Soviet Union, and John Steinbruner, 
an arms control expert.

Meanwhile, 46 physicists and engineers, organized by the Union of Concerned 
Scientists, told Congress that the Star Wars scheme should be shelved.

"What's on the books at this point is simply not adequate and never will be," said 
Lawrence Jones, a physicist at the University of Michigan in Ann Arbor.

Th

Re: Dawkins and anthropolgy

2000-06-19 Thread Louis Proyect

Rob:
>Marx was funded by a combination of a bourgeois friend's generosity, his
>aristocratic wife's legacy, publishers' advances and some payments from
>bourgeois newspaper editors - he even played the stock market for a while. 
>So funding sources are not always decisive determinants of, er, output.  I
>also suspect Rabin might not be 'particularly useful', and I haven't the
>time to pursue the matter.  But I know the a priori rejection of Keyneses,
>Scumpeters, Dawkinses and Rabins is not quite what Marx meant when he
>suggested we be ruthless critics of all things ...

This came up on another forum in the context of the Nader candidacy. After
I pointed out that Nader's funding model precludes accountability, a rabid
Nader defender shot back that Marx was funded in the same manner, alluding
to his legacy, etc.

This misses the point.

If it were not for such support, Marx would have never been able to
complete his research. Once the basic building blocks were put in place for
a self-sustaining Marxism movement, no other working-class leaders ever
depended on this kind of funding. It all came from the dues of party
members. Our problem today is that academic Marxism has pre-empted the
space that once was filled by a vibrant Marxist movement. It is funded by
foundations, wealthy individuals, academic departments, etc., all of which
have a stake in the status quo.

Louis Proyect

The Marxism mailing-list: http://www.marxmail.org




Re: Re: Re: Matt Rabin

2000-06-19 Thread Rod Hay

And Veblen knew it and said it 100 years ago. Check the Preconceptions of
Economic Science. Conveniently available at my web site.

http://socserv2.mcmaster.ca/~econ/ugcm/3ll3/veblen/index.html

Rod

Jim Devine wrote:

>
>
> In an earlier incarnation, if I remember correctly, Herb Gintis showed that
> endogenous tastes undermines all of NC welfare economics.
>
> Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine
> ["clawww" or "liberalarts" can replace "bellarmine"]

--
Rod Hay
[EMAIL PROTECTED]
The History of Economic Thought Archive
http://socserv2.mcmaster.ca/~econ/ugcm/3ll3/index.html
Batoche Books
http://Batoche.co-ltd.net/
52 Eby Street South
Kitchener, Ontario
N2G 3L1
Canada




Re: Re: Matt Rabin

2000-06-19 Thread Rod Hay

The value of game theory as with any other formal system of logic is that
it imposes a discipline on thinking. If one is competent, using the
system assures that the conclusions follow from the premises. The system
it self has no content.

Granted, there are those who practice what Schumpeter called the
Ricardian vice--a confusion of the model and reality.

I have seen many a piece of 'demotic prose' that was severely logically
flawed and no one seemed to notice. (Pick your favourite fashionable
French philosopher).

Using the language of game theory also has a secondary benefit. It has a
rhetorical aspect. Economists will read it. Whereas, the so-called
criticism of the discipline has no rhetorical value 'outside a small
circle of friends.'

Rod


Doug Henwood wrote:

>
>
> For this you need game theory and a formal model? Is there anything
> here that couldn't be conveyed in three or four sentences of demotic
> prose?
>
> Doug

--
Rod Hay
[EMAIL PROTECTED]
The History of Economic Thought Archive
http://socserv2.mcmaster.ca/~econ/ugcm/3ll3/index.html
Batoche Books
http://Batoche.co-ltd.net/
52 Eby Street South
Kitchener, Ontario
N2G 3L1
Canada




OAS protest in Detroit and Windsor

2000-06-19 Thread Charles Brown

OAS protest in Detroit

Special to the World

DETROIT, Mich. * A crowd gathered at Hart Plaza here last week to show support for 
those protesting against the Organization of American States (OAS) meetings being held 
across the border in Windsor, Ontario, Canada. About 500 demonstrators marched down 
Woodward Ave. and joined another 500 gathered at the plaza.

More than 4,000 police with mace, dogs and helicopters surrounded the demonstrators.

"There are several hundred people here today to show their solidarity with the people 
throughout the western hemisphere," said Dave Elsila, a member of Newspaper Guild 
Local 22, "to make sure that any agreement that is signed protects the environment as 
well as the workers out here,"

A speaker for the Green Party told the crowd he was committed to non-violence, but at 
every-day events he sees violence committed by the state powers: city hall and county, 
state and federal governments.

He said the OAS is another effort at globalization. "Globalization is about taking our 
democratic rights away and giving all to the corporations. It is about a few getting 
rich while the many suffer poverty."

Jason Wade, of Local 58 International Brotherhood of Electrical Workers, accused the 
city leaders of spending over $5 million on police for this event instead of repairing 
and reopening nine schools that have been closed.

"Trade is going to have the effect of harmonizing relations and the problem is do we 
harmonize them upwards or downwards," said Dan McCarthy, president of UAW Local 417. 

"Those of the OAS have an agenda for harmonizing things downward. We can't have that. 
We need high wages and a pro-worker strategy if we are to experience any fairness."




Dawkins and anthropolgy

2000-06-19 Thread Rob Schaap

>Rob, as the author himself said in many occasions, the main purpose of 
>Dawkin's book is to reject Marx's dialectic and instead to introduce the
>_primacy_ of genes in determining human behavoir. In other words, Dawkins
>is not saying the things you would like to attribute to him-- ie.,
>evolution of human genetic structure throughout history. On the contrary,
>he is saying that social environment, history, power relations have no
>influence on the development of human nature. 

Fine.  So you learn from the bits that persuade, and let the rest go. 
Keynes expicitly ridiculed Marx, too, but didn't persuade me to join him in
that.  I'm only beginning to see how wise a bloke Keynes could be, though. 
Same with Schumpeter.  We learn lots off him, too (lovely stuff on the
railroads, I thought).  I haven't read Rabin at all, but I don't doubt we'd
be well advised to go that same route with him - er, as Jim was saying.

>He is trying to eliminate
>the role of external factors to openly say that we (like other non human
>animals) are "machines created by genes".  In the book, Dawkins goes into a
>deep explanation of what genes are, what they serve for and how they
>survive. The politically dangerous aspect of this genetic reductionism is
>that it sees the charecteristics human beings learn in society
>(competitiveness, selfishness, egoism, possessiveness, private property,
>rape etc..) in the human genetic make up. 

He's trying hard to make himself more convincing to himself, I think.  He
has a new chapter in his new edition - not at all satisfying, mind, but
enough to show he'd recognised his one-sidedness was leaving big questions
open.  And let's not get too Lamarkian/Lysenkoite (although I shouldn't be
surprised to find that a kernel of truth lies with those fellas - just not
the balance thereof) - most of our genes have been there for a few hundred
million years, after all.  Anyway, I've seen enough of creches to know we've
got everything from Bill Gates to the Tolpuddle Martyrs in us from the off. 
We've the potential to express a myriad selves, I reckon, and, yeah, our
society does not elicit from us, nay, positively discourages, what most of
us strangely (but gratifyingly) persist in considering best.  

>His argument is implicity
>reactionary  not only because he sees human nature as fixed and unchanging
>but also because it ahistorically projects the charectristics of
>competitive market society (which he *reifies* like neo-classical
>economists) onto human nature to *imply* that capitalism  is what we
>*naturally* have and it is what we are doomed to have in the future.
>Accordingly, he is ridiculing at the Marxist agenda of replacing
>capitalism with socialism or an egalitarian form of  society. The man's
>problem is with equality.

The 'selfishness' of the unthinking gene is not itself a potent political
position.  Whatever they incline us to do is mediated by the where and when
of it.  What I like about the theory is that, at the outset, it takes us
away from the human individual (to focus on the gene is, arguably, usefully
close to the young Marx's humanistic/Feuerbachian invocation of 'species
being', I dare say).  As I said before, Dawkins has to jump some problematic
hurdles to get back to that individual.  I'm with SJGould in thinking those
hurdles are too high.

>Regarding competition and cooperation, many anthropological studies show
>that these concepts gain their meanings within the form of social
>organization and type of society individuals live in. It also depends on
>which historical period we are talking about.  

I got into trouble on Doug's list arguing that there are things about us
that meanings alone don't decide.  We are creatures of our genetic makeup,
but that doesn't necessarily mean we are essentially selfish - slow, clumsy,
yummy, soft morsels like us have, typically unwittingly, outcompeted a
plethora of tough'n'hungry life-forms.  One human with a handy set of tools
or a capacity for abstract thought ain't the answer to that riddle.  A
capacity to learn and teach, reflect and plan, and co-ordinate action -
well, it all depends on cooperation - with a cellular structure that must
initially have inclined us in that direction (in the circumstances that
prevailed in Eastern Africa in 2 million BC), then some symbolic interaction
a few hundred thousand years ago, and then topped it off with speech about
130 000 years ago.  Those things are not only basic to cooperation, but
themselves required cooperation.  None of that idle speculation (all of
which I find most compelling) is contradicted by Dawkins' gene.  It is
Dawkins himself who contradicts it.

>We can not expect ancient
>Athenians, for example, subscribing to the notion of capitalist
>rationality and competitive individualism that we understand in the modern
>sense of the term today. They had a different societal structure and
>property regime.or think about hunting gathering societies;  Eventhough in
>those societies

Re: Re: Re: Dawkins and anthropolgy

2000-06-19 Thread Rob Schaap

>However, I add that since I have limited time (especially because I waste
so much of it on pen-l), 

Dawkins might say you're wasting it, Jim, but you shouldn't!  A lefty'd have
to weigh the social benefit arising from the private opportunity cost. 
You're avoiding the worst outcome, Jim!  

Come to think of it, while the forgone opportunity comprises the reading of
Cato and Heritage documents, you're winning the game hands down!  

And, if my conversion to Game Theory is soundly based, every Devine post to
Pen-L evinces so much the more rationality on your part.

Keep 'em coming, Jim!

Gotta go to the pub to join an arkadas in extracting some utility from the
Belgium v Turkey game (watch the football, yet don't give a penny to Murdoch
the football thief... another game won!)

Yours converted,
Rob.




Re: Re: Matt Rabin

2000-06-19 Thread Doug Henwood

Timework Web wrote:

>The demotic prose in question is in chapter one of every introductory
>probability and statistics text ever written. It's the prediction of the
>model that astounds me -- "that people may pay for financial advice from
>'experts' whose expertise is entirely illusory." I'm getting right to work
>on a model to predict the religion of the pope and the whereabouts of the
>bears' bowel movements.

Just make sure they're scientific, well-outfitted with Greek letters 
and subscripts. Lots of people knew that financial advisors are less 
reliable than monkeys throwing darts, but you needed a model to prove 
it.

Doug




Re: Re: Re: Matt Rabin

2000-06-19 Thread Doug Henwood

Rod Hay wrote:

>Using the language of game theory also has a secondary benefit. It has a
>rhetorical aspect. Economists will read it.

This is a benefit?

Doug




Re: Re: Dawkins and anthropolgy

2000-06-19 Thread Doug Henwood

Louis Proyect wrote:

>This came up on another forum in the context of the Nader candidacy. After
>I pointed out that Nader's funding model precludes accountability, a rabid
>Nader defender shot back that Marx was funded in the same manner, alluding
>to his legacy, etc.
>
>This misses the point.
>
>If it were not for such support, Marx would have never been able to
>complete his research. Once the basic building blocks were put in place for
>a self-sustaining Marxism movement, no other working-class leaders ever
>depended on this kind of funding.

Marx was mainly a thinker and writer; Nader's a political figure and 
organizer. Marx really didn't have to be accountable to anyone, but 
Nader's organizations presume to represent the interest of "citizens" 
and "consumers."

Doug




Re: Re: Re: Dawkins and anthropolgy

2000-06-19 Thread Louis Proyect

>Marx was mainly a thinker and writer; Nader's a political figure and 
>organizer. Marx really didn't have to be accountable to anyone, but 
>Nader's organizations presume to represent the interest of "citizens" 
>and "consumers."
>
>Doug

This is not an accurate portrayal of Marx. He was almost continuously
involved with trying to organize the socialist movement. For example, the
demands of the Communist Party in Germany, written a year after the CM and
based on it, were drawn up by Marx and Engels on behalf of the Central
Committee of the Communist League in Paris during the last week of March
1848. They were published there on 31 March as a leaflet, and at the
beginning of April in various left-wing German newspapers. Marx was much
more like Ernest Mandel, for example, than like the figures linked with
Western Marxism.

Louis Proyect

The Marxism mailing-list: http://www.marxmail.org




Re: Re: Re: Re: Dawkins and anthropolgy

2000-06-19 Thread Doug Henwood

Louis Proyect wrote:

>This is not an accurate portrayal of Marx. He was almost continuously
>involved with trying to organize the socialist movement.

I know all this. But the issue is the relevance of any comparison of 
Marx and Nader. If Marx had only been an activist, we wouldn't have 
any idea who he was; his legacy is as a political philosopher. Nader 
isn't much of a writer, and will be remembered mainly, if at all, as 
an organizer and activist. Nader's source of funding is directly 
relevant to evaluating who and what he is; Marx's source of funding 
is irrelevant.

Doug




Re: Re: Dawkins and anthropolgy

2000-06-19 Thread Michael Hoover

> Will Dawkins move on to physics in response to his critics? Maybe he could 
> develop the concept of econe energy, the physical form of possessive 
> individualism.
> Didn't Dawkins develop the concept of the "meme," a unit of culture 
> analogous to a gene? 
> Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine

In late 19th century, Spencer adopted Darwin's theory.  According to 
his social darwinism, Carnegies and Rockefellers were simply fittest 
survivors in world of ruthless competition over scarce resources.  
Dawkins is simply update, nothing more, nothing less, he gets 
sympathetic hearing because of current triumphalism of free-market 
economics.  Nature will back you up if you want its authority, blah, 
blah, blah...Michael Hoover




Re: Dawkins and anthropolgy

2000-06-19 Thread Louis Proyect

>I know all this. But the issue is the relevance of any comparison of 
>Marx and Nader. If Marx had only been an activist, we wouldn't have 
>any idea who he was; his legacy is as a political philosopher. Nader 
>isn't much of a writer, and will be remembered mainly, if at all, as 
>an organizer and activist. Nader's source of funding is directly 
>relevant to evaluating who and what he is; Marx's source of funding 
>is irrelevant.
>
>Doug

I don't want to belabor this, but Marx's main legacy was as founder of the
socialist movement. Furthermore, it does not really do this movement
justice to speak of it in terms of "activism" versus "political
philosophy". Nearly everything that Marx wrote following Capital was geared
to political action. It is wrong to neglect works dealing with the problems
of the French or German revolution. One of my big complaints, that I've
voiced here before, is that if you leave out this latter body of work, you
really have no way of explaining his subsequent career. Frankfurters like
Erich Fromm would dump everything following the early "humanist" works
while others might be tempted to disregard the works dealing with
revolutionary strategy.

===

Dear Bracke, 

When you have read the following critical marginal notes on the Unity
Programme, would you be so good as to send them on to Geib and Auer, Bebel
and Liebknecht for examination. I am exceedingly busy and have to overstep
by far the limit of work allowed me by the doctors. Hence it was anything
but a "pleasure" to write such a lengthy creed. It was, however, necessary
so that the steps to b taken by me later on would not be misinterpreted by
our friend sin the Party for whom this communication is intended. 

After the Unity Congress has been held, Engels and I will publish a short
statement to the effect that our position is altogether remote form the
said programme of principle and that we have nothing to do with it. 

This is indispensable because the opinion - the entirely erroneous opinion
- is held abroad and assiduously nurtured by enemies of the Party that we
secretly guide from here the movement of the so-called Eisenach Party [
German Social-Democratic Workers Party ]. In a Russian book [ Statism and
Anarchy ] that has recently appeared, Bakunin still makes me responsible,
for example, not only for all the programmes, etc., of that party but even
for every step taken by Liebknecht from the day of his cooperation with the
People's Party. 

Apart from this, it is my duty not to give recognition, even by diplomatic
silence, to what in my opinion is a thoroughly objectionable programme that
demoralises the Party. 

EVERY STEP OF REAL MOVEMENT IS MORE IMPORTANT THAN A DOZEN PROGRAMMES. If,
therefore, it was not possible - and the conditions of the item did not
permit it - to go beyond the Eisenach programme, one should simply have
concluded an agreement for action against the common enemy. But by drawing
up a programme of principles (instead of postponing this until it has been
prepared for by a considerable period of common activity) one sets up
before the whole world landmarks by which it measures the level of the
Party movement. 

The Lassallean leaders came because circumstances forced them to. If they
had been told in advance that there would be haggling about principles,
they would have had to be content with a programme of action or a plan of
organisation for common action. Instead of this, one permits them to arrive
armed with mandates, recognises these mandates on one's part as binding,
and thus surrenders unconditionally to those who are themselves in need of
help. To crown the whole business, they are holding a congress before the
Congress of Compromise, while one's own party is holding its congress post
festum. One had obviously had a desire to stifle all criticism and to give
one's own party no opportunity for reflection. One knows that the mere fact
of unification is satisfying to the workers, but it is a mistake to believe
that this momentary success is not bought too dearly. 

For the rest, the programme is no good, even apart from its sanctification
of the Lassallean articles of faith. 

I shall be sending you in the near future the last parts of the French
edition of Capital. The printing was held up for a considerable time by a
ban of the French Government. The thing will be ready this week or the
beginning of next week. Have you received the previous six parts? Please
let me have the address of Bernhard Becker, to whom I must also send the
final parts. 

The bookshop of the Volksstaat has peculiar ways of doing things. Up to
this moment, for example, I have not been sent a single copy of the Cologne
Communist Trial. 

With best regards, 

Yours, 

Karl Marx 


Louis Proyect

The Marxism mailing-list: http://www.marxmail.org




Re: Re: Matt Rabin

2000-06-19 Thread Brad De Long

>For this you need game theory and a formal model? Is there anything 
>here that couldn't be conveyed in three or four sentences of demotic 
>prose?
>
>Doug

I actually believe that model-building is useful. You can make lots 
of arguments in three or four sentences of demotic prose (or three or 
four volumes). But many of them don't hang together. Formal 
model-building imposes a consistency and coherency requirement that 
can be quite useful...

Look, for example, at the trouble Marx got into in _Wage Labor and Capital_...


Brad DeLong
-- 

This is the Unix version of the 'I Love You' virus.

It works on the honor system.

If you receive this mail, please delete a bunch of GIFs, MP3s and
binaries from your home directory.

Then send a copy of this e-mail to everyone you know...




Re: name calling (fwd)

2000-06-19 Thread Brad De Long

>*You* *definetly* ARE with your energetic support for socio-biology and
>praising people like Wilson who called Ruandan people barbaric creatures
>and genetically ill people!
>
>Mine

E.O. Wilson called Rwandans "genetically ill"? Citation please. 
That's not like him.

And if you object to labeling the actions of Rwandan politicians and 
soldiers in the 1990s as "barbaric," there's something badly wrong 
with you...


Brad DeLong




Murky figures cloud China state sector reform

2000-06-19 Thread Stephen E Philion

Murky figures cloud China state sector reform

by Jeremy Page

FUSHUN, China, June 19 (Reuters) - After a wave of factory closures, mass 
lay-offs and bankruptcies at state firms, officials in China's northeastern 
province of Liaoning say they see light at the end of the economic tunnel.

But analysts say the actual progress of painful state sector reforms in 
China's ``rust belt'' is blurred by murky regulations on restructuring and 
opaque accounting which overnight can miraculously turn basket cases into 
pillars of the economy.

On paper, Liaoning is on track.

During an April visit to the province -- home to 10 percent of China's 
large state firms -- Premier Zhu Rongji declared there was hope of turning 
round all its loss-making state firms within three years.

If Liaoning could do it, Zhu said, the rest of the country would be a walkover.

This year, the province aims to slash the proportion of state firms in the 
red to under 30 percent, from 60 percent at the end of 1998.

Analysts are sceptical.

``There are a lot of different ways of making enterprises appear 
profitable,'' says James Greener, General Manager of Shenyang Corporate 
Advisory, which helps attract foreign investors to the Liaoning capital of 
Shenyang.

``Until consolidated accounting comes along, it's going to be quite hard to 
work out exactly what the situation is in these enterprises,'' says 
Greener, who helps the city package assets of state-owned firms for foreign 
investors.

GOVERNOR SAYS REFORMS ON TARGET

Liaoning governor Zhang Guoguang maintains the reforms are on target.

The provincial economy grew 8.1 percent in 1999, outstripping the national 
rate of 7.1 percent, due mainly to successful restructuring of state 
enterprises, he says.

State firms are now preparing for competition with foreign companies after 
China's entry to the World Trade Organisation (WTO) expected later this year.

``It's not about how many enterprises are loss-making, it's about how we 
can increase our competitiveness,'' he says. ``We must develop key 
industries, develop core products and open up domestic and international 
markets.''

However, analysts say few have become competitive. Many have been closed or 
merged, thus reducing the number of firms in the red but doing little to 
alter the overall balance sheet.

Others use nifty accounting tricks to hide losses.

Inflating sales orders through subsidiaries in other provinces and 
disguising major losses as capital expenditure are common practice, says 
Greener.

``Several of the major expenses related to reform like paying for pensions, 
paying for redundancies, interest on loans, don't go through the profit and 
loss,'' he says. ``That way you can make your profit and loss look 
profitable even when it's not.''

VAGUE RULES ON SURPLUS LABOUR

When it comes to trimming payrolls to offload crippling welfare 
obligations, regulations appear to be equally flexible.

In theory, state firms are obliged to give laid-off workers a monthly 
allowance of about 250 yuan ($30) for three years.

But with no unified system covering medical care, housing and pensions -- 
all formerly taken care of by the Communist Party's ``iron rice bowl'' -- 
and no social security law to enforce payments, most firms deal with the 
problem on an ad hoc basis.

Many cash-strapped firms simply refuse to pay the allowance, leaving 
workers to fend for themselves in the private sector. Firms in less dire 
circumstances offer workers a one-off payment of up to 10,000 yuan instead 
of the monthly allowance.

Many more pass on their liabilities to insurance firms or the government, 
which launched a drive to reform state enterprises in 1997 through mergers, 
closures and share-owning schemes.

At the other extreme, some simply transfer excess workers to non-core parts 
of their business, as did Petrochina Fushun Petrochemical Co, a unit of 
recently-listed Petrochina (PTR.N).

When the refinery needed to shed 1,100 workers, it set up subsidiary 
companies ranging from hotels to shoe factories and staffed them entirely 
with former workers.

``These enterprises are not run to make a profit,'' says Fushun 
Petrochemical president Duan Wende proudly. ``They are run to look after 
the workers.''

He says the subsidiaries are not part of the listed company, and are not a 
drain on the firm's financial resources.

``They simply fulfil the functions we used to contract out to other 
companies. As long as their prices are competitive we direct all our 
business to them,'' he says.

WTO TO BE LITMUS TEST

While such methods provide a quick fix to the unemployment problem, they do 
nothing to help the overall streamlining of the state sector, analysts say.

The litmus test of Liaoning's reforms will be China's WTO entry, they say.

The provincial government has identified almost 500 state firms in trouble. 
The 60 largest will be given special help. The rest are to be left to sink 
or swim.

Governor Zhang admits many risk bein

Re: Re: Re: Dawkins and anthropolgy

2000-06-19 Thread Rod Hay

I tend to agree with Michael H. on this one. I have never found much of use in
Dawkins. Even the strictly scientific stuff is shallow and wrong.

On the other hand, Rob has a point if he refers to genetics, rather than to
Dawkins. Genetics is part of what we are. So long as we remember that we share
97 per cent of our genes with chimpanzees.

And the maximum human variation amounts to 0.1 per cent.

Again I will tout Deacon's book -- The Symbolic Species.

Rod

Michael Hoover wrote:

> > Will Dawkins move on to physics in response to his critics? Maybe he could
> > develop the concept of econe energy, the physical form of possessive
> > individualism.
> > Didn't Dawkins develop the concept of the "meme," a unit of culture
> > analogous to a gene?
> > Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine
>
> In late 19th century, Spencer adopted Darwin's theory.  According to
> his social darwinism, Carnegies and Rockefellers were simply fittest
> survivors in world of ruthless competition over scarce resources.
> Dawkins is simply update, nothing more, nothing less, he gets
> sympathetic hearing because of current triumphalism of free-market
> economics.  Nature will back you up if you want its authority, blah,
> blah, blah...Michael Hoover

--
Rod Hay
[EMAIL PROTECTED]
The History of Economic Thought Archive
http://socserv2.mcmaster.ca/~econ/ugcm/3ll3/index.html
Batoche Books
http://Batoche.co-ltd.net/
52 Eby Street South
Kitchener, Ontario
N2G 3L1
Canada




Re: Re: name calling (fwd)

2000-06-19 Thread md7148



>[EMAIL PROTECTED] wrote:

>>I say zero tolerance
>>for racist use of language!

>Zero tolerance? I love it when Marxists try to sound like Rudy Giuliani.

>Doug

himm??? Are you confusing me with someonelse?

Mine 




BLS Daily Report

2000-06-19 Thread Richardson_D

> BLS DAILY REPORT, MONDAY, JUNE 19, 2000:
> 
> The four U.S. regions and most states showed little or no change in
> jobless rates in May, the Bureau of Labor Statistics reports.  As the
> national unemployment rate edged up to 4.1 percent in May, 41 states and
> Washington, D.C. recorded shifts of 0.3 percentage point or less in their
> jobless rates (Daily Labor Report, page D-5).
> 
> White House Gives Managers New Task: Create Satisfied Workers. "HR is just
> as critical to agency management and planning as technology or budget,"
> Janice R. Lachance, the director of the Office of Personnel Management,
> said last week in a speech on the administration's new approach.  The
> initiative comes at a time when federal agencies find themselves hard
> pressed to compete for talented hires in technology, accounting,
> scientific and legal fields. In the next five years, about half of the
> government's full-time work force will be eligible to retire or take an
> "early out." Although not all these employees will bolt for the door, the
> government seems assured of a huge talent drain. Lachance, speaking at a
> National Academy of Public Administration conference held at Gallaudet
> University, said the administration's new approach will help renew efforts
> "to recruit, develop and manage a high-performance work force."
> (Washington Post, http://www.washingtonpost.com).
> 
> Housing starts fell by 3.9 percent in May to their lowest level since the
> summer of 1999, the Commerce Department says.  Total starts fell to 1.592
> million units at a seasonally adjusted annual rate from 1.656 million
> units in April.  The weakness was all in single-family starts, which
> dropped 5.4 percent to a pace of 1.25 million units.  In April, starts
> rose 1.6 percent, not as strong as the previously estimated 2.8 percent
> rise (Daily Labor Report, page D-1).
> __In the face of higher interest rates, the housing sector showed more
> signs of cooling:  Construction starts for new homes fell last month, and
> a drop in new building permits suggested the trend will continue.  New
> building permits, an indicator of future building activity, fell 4.3
> percent in May to an annual rate of 1.49 million.  It was the fourth
> monthly decline in a row, following a drop of 2.4 percent to 1.56 million
> in April (The Wall Street Journal, page A15.  The Journal's page 1 graph
> is of housing starts, 1998 to the present).
> 
> Internet users have almost become an American majority, with 49 percent of
> U.S. homes online in May, according to Nielsen//NetRatingsCQ, a service
> partnership between Nielsen Media Research, Inc., and NetRatings Inc.  The
> group estimates that 134.2 million Americans now have Internet access,
> compared with 119.2 million in December, a 6 percent increase.  "We looked
> at age, race, income and even individual cities.  They all showed
> consistent growth," said the vice president of electronic commerce at
> NetRatings here. He attributes this growth to improved technology, such as
> lower-cost personal computers and less-expensive high-speed Internet
> access, the recent cultural inundation of Internet advertising and news,
> and an improvement in the range and quality of service online  The trend
> shows no signs of abating, either, though the survey did discover that
> about one-third of people with Internet access didn't go online in the
> past month (The Wall Street Journal, page C22).
> 

 application/ms-tnef


Re: Re: GT [was: Re: Re: Re: Re: Re: McArthur grantee(fwd)

2000-06-19 Thread md7148


>> GT is methodologically on the right. Period. The reason for this is
>>that the attention to micro foundations through rational choice, game
>>theoric models and formal modeling of neo-classical economics have
tended >>to obscure the importance of relations of production and the
exploitative >>relationship between the capitalist and the worker. GT
lacks a progressive >>framework to explain systemic inequalities. 

>no, the problem is that GT typically assumes relative equality in
>"games." 
>It need not do so.

well, my argument is that one can not start with a relative equality
assumption to desribe a capital-labor relationship. If you do, you are
implying that capitalism is a system of equality, given that it is not.

>> >While I respectfully say that this is A bullshit [a BS what? a BS >
>argument?], > >supposed "neutrality" of game theory...  > > >I think that
>the very assumptions of game theory--individualism, profit > maximizing
>agency, egoism, alturism [altruism?] in return for > benefit--are
>bombastically IDEOLOGICAL. 

>>first of all, don't correct my words or intervene in the text. You are 
>>not  the editor here.

>Actually, I am (and an economist too). One of the frustrating things
>about 
>threads in  on-line discussions is that they rapidly become 
>incomprehensible to the readers.

I don't see it. Whoever reads "alturism" above can perfectly understand
that it is meant "altruism", if s(he) does not suffer from an acute
mental problem of comprehension, of course...
 
 
>>I write quickly, and sometimes misuse letters. Knowing that English is
my
>>second language, you are being *disgustingly racist*, >like once upon a
>>time you called third world people *irrational* here. 

>As far as I am concerned, you can have any opinion of me that you want.
>But 
>the fact that you're stooping to calling me names says that this 
>conversation is over. This is my last contribution to this thread.

yuppie!

>More importantly, I _never_ referred to third world people as irrational. 
>I would like to see documentation of this totally outrageous claim. If
>you
>have any evidence, I _will_ respond, to show that it is spurious and
>libelous.

I did not say that you were a racist par excellence. Once upon a time,
however, you made a comment in this list which I thought had culturally
racist implications, despite your own intentions.. In the below passage,
you are labeling some people as irrational from the standpoint of
rationality you are socialized into. I don't mind quick comments
_that_ much and let them go, but when it comes to religious labeling, I
strongly  disagree. Here is your post:

http://csf.colorado.edu/pen-l/2000I/msg02544.html

>Non-religious folks have this kind of upbringing, training, faith in the
>socialist tradition etc. Either way, there seems to be an "irrational"
component, an element of _faith_.


Furthermore, you posted and wholeheartedly defended an article published
in SLATE magazine by a right wing journalist who was implictly suggesting
that blacks were not discriminated in the criminal justice sytem. I am
sure you remember the debate. The author is well known to be relating
racial inequality to black cultural patterns. Excuse me but the article
was a destructive nonsense. I always take a second before posting such
articles and seriously think about where the argument of the author
politically goes.

>You should consider an apology to the list, or at least to the
>international members of the list!

>An apology is appropriate only appropriate if I'd done something wrong. 

Fine. If somebody had warned me about an inappropriate use of language
(especially with regards to racism and sexism issues), I would
have automatically apologized. I don't approach criticism dogmatically.

>>... I am saying that the game theoretical applications of conflict
>>resolution to international relations and security studies (which I
don't
>>think you are aware, btw) come up with explanations and results that
>>tend to promote the foreign policy interests of the US. Have you ever
>>attempted to see where game theorists publish their articles in the
>>majority of cases? They are the kind of journals such as _Foreign
>>Affairs_, _Washington Report_ _Strategic Studies_, _Journal of Military
>>Studies_, etc.. How do you assume that these people having their
articles
>>published in these journals are objective, given that the institutional
>basis of these journals is intimately related to the US political system
>>and the international political order it is trying to endorse. Once I
was
>>reading a game theoretical explanation of military intervention in Haiti
>in one of these journals. The study was briefly talking about how to keep
>>the junta in power with the US help and democratize Haiti in the mean
time >without causing social conflict (revolt). The author was
>constructing a >game theory of how to make democracy work in Haiti
>without
>>pissing off >the US as well as the junta. If this is not

Re: Re: Re: GT [was: Re: Re: Re: Re: Re: McArthur grantee (fwd)

2000-06-19 Thread Joel Blau

>Jim Devine says:
As far as I am concerned, you can have any opinion of me that you want.
>But
>the fact that you're stooping to calling me names says that this
>conversation is over. This is my last contribution to this thread.

Mine responds:
yuppie!


Mine, is what it has come down to? It's way over the top.

Joel Blau




Re: Re: Re: Re: GT [was: Re: Re: Re: Re: Re:McArthur grantee (fwd)

2000-06-19 Thread Rob Schaap


>Mine responds:
>yuppie!
>
>
>Mine, is what it has come down to? It's way over the top.

Hopefully, that was meant to be a slightly less rude 'yippie', Joel - that
'u''s hanging right next door, just gasping for moments like this.

Cheers,
Rob.




Re: Re: Re: GT [was: Re: Re: Re: Re: Re: McArthur grantee (fwd)

2000-06-19 Thread Jim Devine

I guess I've got to respond to this message because Mine dug up (spurious) 
"evidence" to show that I said that third world people were irrational. 
However, I doubt that anyone has to read this message except Mine.

Mine wrote:
> GT is methodologically on the right. Period. The reason for this is 
>that the attention to micro foundations through rational choice, game 
>theoric models and formal modeling of neo-classical economics have tended 
>to obscure the importance of relations of production and the exploitative 
>relationship between the capitalist and the worker. GT lacks a progressive 
>framework to explain systemic inequalities.

I wrote:
>no, the problem is that GT typically assumes relative equality in "games." 
>It need not do so.

Mine ripostes:
>well, my argument is that one can not start with a relative equality 
>assumption to desribe a capital-labor relationship. If you do, you are 
>implying that capitalism is a system of equality, given that it is not.

I wasn't referring to capitalism as a system of equality. If Mine reallys 
thinks that I do, she should read what I say for actual _content_ as much 
as she looks for (spurious) politically incorrectness.

In any event, the topic was GT, not capitalism. I don't think GT has 
produced a model that reveals much if anything about capitalism, as I've 
said before.

In two separate messages, Mine wrote:
> >>While I respectfully say that this is A bullshit [a BS what? a BS 
> argument?], supposed "neutrality" of game theory...  I think that the 
> very assumptions of game theory--individualism, profit  maximizing 
> agency, egoism, alturism [altruism?] in return for benefit--are 
> bombastically IDEOLOGICAL.
>
> >first of all, don't correct my words or intervene in the text. You 
> are  not  the editor here.

I wrote:
>Actually, I am (and an economist too). One of the frustrating things about 
>threads in  on-line discussions is that they rapidly become 
>incomprehensible to the readers.

>I don't see it. Whoever reads "alturism" above can perfectly understand 
>that it is meant "altruism", if s(he) does not suffer from an acute mental 
>problem of comprehension, of course...

Okay perhaps I did some editing that wasn't necessary. So how does that 
make me racist? not to mention "disgustingly racist"?
(BTW, Justin S. types really poorly too, even though he speaks English as a 
first language, so I sometimes correct his messages.)

Mine had written:
>I write quickly, and sometimes misuse letters. Knowing that English is my 
>second language, you are being *disgustingly racist*, like once upon a 
>time you called third world people *irrational* here. <<

I wrote:
>As far as I am concerned, you can have any opinion of me that you want. 
>But the fact that you're stooping to calling me names says that this 
>conversation is over. This is my last contribution to this thread.

Mine now responds:
>yuppie!

goodness! how do you know I'm urban?

It's too bad that that wasn't my last contribution. Actually, I wouldn't 
call this one a "contribution" as much as a simple defense against lying 
attacks (or willful misinterpretation or simple ignorance).

I wrote:
>More importantly, I _never_ referred to third world people as 
>irrational.  I would like to see documentation of this totally outrageous 
>claim. If you have any evidence, I _will_ respond, to show that it is 
>spurious and libelous.

Mine now writes:
>I did not say that you were a racist par excellence.

Yeah, but you called me "disgustingly racist." That's not the same as 
putting me in the same league as Adolph Eichmann (a racist par excellence), 
but it's the kind of thing which needs more serious justification. Not that 
I take such charges from you seriously, since you seem to throw words like 
"racist" about. In European folklore, it's called "crying wolf."

Mine writes:
>Once upon a time, however, you made a comment in this list which I thought 
>had culturally racist implications, despite your own intentions.. In the 
>below passage, you are labeling some people as irrational from the 
>standpoint of rationality you are socialized into. I don't mind quick 
>comments _that_ much and let them go, but when it comes to religious 
>labeling, I strongly  disagree. Here is your post:

In this infamous message, I wrote:
>Non-religious folks have this kind of upbringing, training, faith in the 
>socialist tradition etc. Either way, there seems to be an "irrational" 
>component, an element of _faith_.

BTW, there is nothing in this quote about the "third world," nor anything 
about the third world being "irrational." Religion is not the same thing as 
"third world."

You'll note that I put the word "irrational" in quotation marks. That's 
because _I do not accept_ the standard meanings of the words "rational" and 
"irrational" but was deliberately indicating to the readers that I was 
using the standard meanings. Unlike the definition of "rationality" which 
Mine _presumes_  I was "socialized

Re: Re: Re: Re: Dawkins and anthropolgy

2000-06-19 Thread Brad De Long

>I tend to agree with Michael H. on this one. I have never found much of use in
>Dawkins. Even the strictly scientific stuff is shallow and wrong.
>
>On the other hand, Rob has a point if he refers to genetics, rather than to
>Dawkins. Genetics is part of what we are. So long as we remember that we share
>97 per cent of our genes with chimpanzees.

and 40% with bananas...




Re: :McArthur grantee (fwd)

2000-06-19 Thread Michael Perelman

Jim and others, Mine seems to have backed off.  I, for one am grateful.  So, I
think that we can let this drop.  At least I hope so.

Jim Devine wrote:

> I guess I've got to respond to this message because Mine dug up (spurious)
> "evidence" to show that I said that third world people were irrational.
> However, I doubt that anyone has to read this message except Mine.
>

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]




Brad De Long on New Keynesian Theory

2000-06-19 Thread Michael Perelman

Brad De Long made an interesting point about new Keynesian theory in the
winter issue of The Journal of Economic Perspectives -- showing the
similarities between Milton Friedman's ideas and their own.  Does
anyone, including Brad, have any comments on his idea?

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]




Re: Brad De Long on New Keynesian Theory

2000-06-19 Thread Brad De Long
Title: Re: [PEN-L:20421] Brad De Long on New Keynesian
Theory


Brad De Long made an interesting point
about new Keynesian theory in the
winter issue of The Journal of Economic Perspectives -- showing
the
similarities between Milton Friedman's ideas and their own. 
Does
anyone, including Brad, have any comments on his idea?

--
Michael Perelman

Well, I'm happy that I've *finally*
figured out how to get things I write in the
history-of-economic-thought actually published: place them in
non-refereed journals that I edit.

But maybe I should provide an explicit target for people to
shoot at, from http://www.j-bradford-delong.net/Econ_Articles/monetarism.html:


The story
of twentieth-century macroeconomics begins with Irving Fisher (1896,
1907, 1911). Appreciation and Interest, The Rate of
Interest, and The Purchasing Power of Money fueled the
intellectual fire that became known as monetarism. To
understand the determination of prices and interest rates and the
course of the business cycle, monetarism holds, look first (and often
last) at the stock of money--at the quantities in the economy
of those assets that constitute readily-spendable purchasing
power.

Twentieth century macroeconomics ends with the community of
macroeconomists split across two groups, and pursuing two research
programs. The New Classical research program walks in the footprints
of Joseph Schumpeter's (1939) Business Cycles, holding that
the key to the business cycle is the stochastic character of economic
growth. It argues that the "cycle" should be analyzed with
the same models used to understand the "trend" (see Kydland
and Prescott (1982), McCallum (1989), Campbell (1994)).

The competing New Keynesian research program is harder to summarize
quickly. But surely its key ideas include the five propositions
that:

1.    The
frictions that prevent rapid and instantaneous price adjustment to
nominal shocks are the key cause of business-cycle fluctuations in
employment and output.
2.  Under normal
circumstances, monetary policy is a more potent and useful tool for
stabilization than is fiscal policy.
3. Business cycle fluctuations in production are best
analyzed from a starting point that sees them as fluctuations around
the sustainable long-run trend (rather than as declines below some
level of potential output).
4.    The right
way to analyze macroeconomic policy is to consider the implications
for the economy of a policy rule, not to analyze each one- or
two-year episode in isolation as requiring a unique and idiosyncratic
policy response.
5.    Any sound approach to
stabilization policy must recognize the limits of
stabilization policy--the long lags and low multipliers associated
with fiscal policy; the long and variable lags and uncertain
magnitude of the effects of monetary policy.

Many of today's New Keynesian economists will dissent from at least
one of these five planks. (I, for example, still cling to the
belief--albeit without much supporting empirical evidence--that
policy is as much gap-closing as stabilization policy.) But few will
deny that these five planks structure how the New Keynesian wing of
macroeconomics thinks about important macroeconomic issues. And few
will deny that today the New Classical and New Keynesian research
programs dominate the available space.

But what has happened to monetarism at the end of the twentieth
century? Monetarism achieved its moment of apogee with both
intellectual and policy triumph in the late-1970s. Its intellectual
triumph came as the NAIRU grew very large and the multiplier grew
very small in both journals and textbooks. Its policy triumph came as
both the Bank of England and the Federal Reserve declared that
henceforth monetary policy would be made not by targeting interest
rates but by targeting quantitative measures of the aggregate money
stock. But today Monetarism seems reduced from a broad current to a
few eddies.

So what has happened to the ideas and the current of thought that
developed out of the original insights of Irving Fisher and his
peers?

The short answer is that much of this current of thought is still
there, but its insights are there under another name. All five of the
planks of the New Keynesian research program listed above had much of
their development inside the twentieth-century monetarist tradition,
and all are associated with the name of Milton Friedman. It is hard
to find prominent Keynesian analysts in the 1950s, 1960s, or early
1970s who gave these five planks as much prominence in their work as
Milton Friedman did in his.

The importance of analyzing policy in an explicit, stochastic context
and the limits on stabilization policy that result comes from
Friedman (1953a). The importance of thinking not just about what
policy would be best in response to this particular shock but
what policy rule would be best in general--and would be robust
to economists' errors in understanding the structure of the economy
and policy makers' errors in im

[fla-left] [news] Mumia supporters face repression (fwd)

2000-06-19 Thread Michael Hoover

Michael Hoover

> Village Voice
> June 14 - 20, 2000
> 
> PETTY TO THE MAX
> BY C. CARR
> Feds Throw the book at Mumia Protesters
> http://www.villagevoice.com/issues/0024/carr.shtml)
> 
> They were found guilty of petty offenses, charges way too minor to warrant
> a jury trial. And now, as punishment for the equivalent of a parking
> ticket, a couple of leading activists in the fight to save Mumia Abu-Jamal
> face a supervised probation so restrictive they won't be able to do their
> political work. They think that that was the whole point.
> 
> C. Clark Kissinger and Frances Goldin were among 95 demonstrators arrested
> at the Liberty Bell pavilion in Philadelphia last July 3, the 17th
> anniversary of Abu-Jamal's sentencing. He faces execution in Pennsylvania
> for the murder of a police officer, and his supporters have long maintained
> that he did not get a fair trial. During the July 3 action, protesters
> blocked several doors to the Liberty Bell, and park rangers closed the
> pavilion for three hours. Some climbed onto the roof to hang banners. Some
> sat outside against the bumper of a police van.
> 
> Kissinger and Goldin say they did none of those things. They were out on
> the plaza with the third member of their affinity group, Mark Taylor, head
> of Academics for Mumia Abu-Jamal. "We sat down in an area where a truck was
> coming, filled with already arrested prisoners," recalls Goldin, "and
> before we could move, we were whisked away by the park rangers. And cuffed.
> They never said 'Move.' They never said anything."
> 
> Charged with "failure to obey a lawful order," Goldin, Kissinger, and six
> other activists decided to plead not guilty, and that's where their
> troubles began. They are now convinced their real crime was to ask for a
> trial.
> 
> During the course of their three days in court, the park ranger who
> arrested Goldin could not identify her, and none of the videotapes entered
> into evidence showed the two defendants blocking anything or even sitting
> down. While the activists were not exactly surprised when the judge found
> them guilty anyway, fining them $250, they find the supervised probation
> draconian and sinister.
> 
> "This was a fait accompli, that they were going to get probation," says
> Jordan Yeager, Goldin's attorney. "In fact, the representative from the
> probation department was there in the courtroom waiting to handle the
> processing. That was before the case had been closed, before all the
> evidence on whether they were guilty or not guilty had been received."
> 
> Under the terms of the probation, they cannot travel outside their home
> federal court district (the five boroughs), cannot associate with convicted
> felons (Abu-Jamal), have to surrender their passports, must turn in forms
> every month listing all sources of income and how it was spent (for
> themselves and everyone in their households), all organizations to which
> they belong, and everyone they've been in contact with who has a criminal
> record. They are also subject to surprise visits from their probation
> officers. Goldin's dropped in a couple of weeks ago at 7:30 in the morning
> "to make sure I don't have an opium factory on my premises."
> 
> Goldin, who turns 76 next week, is Abu-Jamal's literary agent, has his
> power of attorney, and handles all his finances. (She also represents the
> Voice's Wayne Barrett.) Kissinger, 59, is a full-time organizer who has
> traveled the country to rally support for Abu-Jamal. Both visit him
> repeatedly on death row.
> 
> Ron Kuby, the longtime civil rights lawyer who is representing Kissinger,
> calls their punishment "unprecedented. These are the most restrictive
> conditions I've ever seen in a case that didn't involve a felony. Clearly
> the restrictions are designed to impede lawful, constitutionally protected
> political activity."
> 
> Andrew Erba, a Philadelphia lawyer who has filed appeals on behalf of
> several of the defendants, says that he has never before seen probation
> attached to a civil-disobedience arrest. Indeed, the movement foot soldiers
> who climbed the pavilion and blocked its doors simply entered their guilty
> pleas by mail and paid a $250 fine.
> 
> "I think the federal government is sending out a message," says Erba. "Mix
> civil disobedience, Mumia, the potential protest in July [at the Republican
> convention], and I think you come out with the message 'Don't demonstrate
> on federal property.' "
> 
> However, Richard Goldberg, the assistant U.S. attorney who prosecuted the
> cases, says it isn't so. "What I argued to the judge in court was that
> these people, when they came up for sentencing, denied their guilt even
> though they had been convicted," says Goldberg. "They indicated that they
> would do the same in the future, and because they did not indicate any
> intent to stop illegal conduct, the decision was made to request probation,
> and the judge imposed it. So the argument for probation was base