RE: Re: RE: re: say it ain't so, Paul

2002-01-25 Thread Devine, James

> I don't think that PK has moved to the left.  He seems to have a very
narrow range of acceptable politics/economics.  Anyone to the left or to the
right is fair game.  He can write well and is clever, so when he lashes out
at the right, he can be pleasant to behold, but he often relies on rhetoric
rather than political economy when making his case.<

it's not that PK has moved to the left as much as that the "center" has
moved to the right (the selecton of Pres. Dubya, etc.) Of course, this
indicates that the left/right metaphor doesn't hold up very well. 
JDevine




Re: RE: Re: RE: Re: Re: say it ain't so, Paul

2002-01-25 Thread Carl Remick

>From: "Devine, James" <[EMAIL PROTECTED]>
>
> > Oh, that's OK then.  I'll stop my carping and let PK continue
> > his tireless task of speaking truth to power.
> >
> > Carl
>
>I know you're being ironic, but I'll reply in a non-ironic way: PK doesn't
>speak truth to power except within the usual political context of "what's
>good for capital"

Seems to be bit of cognitive dissonance here.  Reading Krugman's NY Times 
column today, I am given to understand that this whole flap over his Enron 
connections is really a right-wing attempt to defame Krugman because he is 
such a fire-breathing lefty, e.g.:

"... reading those attacks [on me concerning Enron], you would think that I 
was a major-league white-collar criminal.  It's tempting to take this 
vendetta as a personal compliment: Some people are so worried about the 
effect of my writing that they will try anything to get me off this page. 
But actually it was part of a broader effort by conservatives to sling Enron 
muck toward their left, hoping that some of it would stick." 
[http://www.nytimes.com/2002/01/25/opinion/25KRUG.html]

So, far from being a self-serving opportunist, Krugman is actually the 
left's last best hope.

Carl




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RE: Re: RE: Re: Re: say it ain't so, Paul

2002-01-24 Thread Devine, James

> Oh, that's OK then.  I'll stop my carping and let PK continue 
> his tireless task of speaking truth to power.
> 
> Carl

I know you're being ironic, but I'll reply in a non-ironic way: PK doesn't
speak truth to power except within the usual political context of "what's
good for capital" (the real world of power that's idealized by economists
like PK as a "market system" perceived as good -- with some technocratic
fiddling -- for "the public interest" as long as "special interests" like
labor unions don't have excessive influence). 

What's really venial among academic economists is the "winner-take-all"
system in which "super-star" economists (who are selected by
similarly-minded neoclassical ideologues) run the "top" graduate programs,
get abundant research grants, attain high-paying positions, publish in
"prestigious" journals, etc., which allow them to in turn pull in cash from
corporations as consultants, to publish in establishmentarian outlets like
the NY TIMES, and to choose the next group of super-stars, while deciding
which departments are "top," who gets grants, who gets promoted, which
journals are "prestigious" and who gets published in them, etc. In this
context, PK is what C. Wright Mills termed a "new entrepreneur" (in his
WHITE COLLAR), a person who prospers by jumping back and forth between
academic, business, and government bureaucracies (like Henry the K). 

Jim Devine




Re: RE: Re: Re: say it ain't so, Paul

2002-01-24 Thread Carl Remick

>From: "Devine, James" <[EMAIL PROTECTED]>
>
>Alan asks:>Did PK _return_ the $50K or did he just pocket it and then
>criticize?<
>
>Jim Devine: I doubt it, since he gets a lot of payments from corporations
>(as indicated by the letter below, in today's Los Angeles TIMES) and he
>seems to see them as payments for specific services rendered:
>
>[to the editors of the L.A. TIMES, 1/24/02:]...
>
>Enron paid members of its advisory board $50,000 for attendance and
>presentations at two meetings (one of mine was canceled at the last 
>minute),
>each spanning two business days. This payment, as a daily rate [!], was if
>anything somewhat less [!!] than I was regularly receiving [!!!] for 
>presentations to
>other companies: At the time, as an expert on international financial
>crises, I was in high demand as a speaker.

Oh, that's OK then.  I'll stop my carping and let PK continue his tireless 
task of speaking truth to power.

Carl

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