I am not about to jump into Gil and Ajit's debates on GE and Sraffa. Not
my cup of tea. But something Jim Devine said, along with the fact that I
am teaching Urban this quarter, brought up on of my ongoing peeves.
On march 2, Jim Devine said:
> (Of course, time is another problem for
>Walrasian
Since Tom W's last msg, Paul Phillips and David Laibman have responded with
two good explanations concerning the lack of price reductions in the face of
huge drops in costs. Together, they explain a lot. The oligopoly maintains
its product differentiation thru very expensive advertising ( which
Since Tom W's last msg, Paul Phillips and David Laibman have responded with
two good explanations concerning the lack of price reductions in the face of
huge drops in costs. Together, they explain a lot. The oligopoly maintains
its product differentiation thru very expensive advertising ( which
Dear pen,
I noticed Tom W.'s question about non-falling prices, and his
wistful note to the effect that the responses did not answer the
question: all known price models, including monopoly, suggest that
price will fall with demand.
Except one: the entry-preventing oligopoly model forma
Dear pen,
I noticed Tom W.'s question about non-falling prices, and his
wistful note to the effect that the responses did not answer the
question: all known price models, including monopoly, suggest that
price will fall with demand.
Except one: the entry-preventing oligopoly model forma
Damn, folks are so sensitive. By transient I meant high labor turnover.
Sorry. I didn't mean they were irresponsible or sluttish or anything like
that.
Doug
Doug Henwood [[EMAIL PROTECTED]]
Left Business Observer
212-874-4020 (voice)
212-874-3137 (fax)
On Wed, 2 Mar 1994, Anthony D'Costa wrot
Damn, folks are so sensitive. By transient I meant high labor turnover.
Sorry. I didn't mean they were irresponsible or sluttish or anything like
that.
Doug
Doug Henwood [[EMAIL PROTECTED]]
Left Business Observer
212-874-4020 (voice)
212-874-3137 (fax)
On Wed, 2 Mar 1994, Anthony D'Costa wrot
In response to Tom's question,
I have no explanation for why shoe industries may need to generate internal
funds. Maybe some pen-ller has?Perhaps, if so, its for r and d, to
meet Nike's advertising strategy, to build plants in other countries,
to meet demand for running shoes in other parts
In response to Tom's question,
I have no explanation for why shoe industries may need to generate internal
funds. Maybe some pen-ller has?Perhaps, if so, its for r and d, to
meet Nike's advertising strategy, to build plants in other countries,
to meet demand for running shoes in other parts
Sometimes the automated prelies don't work too good.
-- Forwarded message --
Date: Wed, 2 Mar 1994 15:17:46 -0500
From: Mail Delivery Subsystem <[EMAIL PROTECTED]>
To: [EMAIL PROTECTED]
Subject: Returned mail: User unknown
- Transcript of session follows -
While ta
Sometimes the automated prelies don't work too good.
-- Forwarded message --
Date: Wed, 2 Mar 1994 15:17:46 -0500
From: Mail Delivery Subsystem <[EMAIL PROTECTED]>
To: [EMAIL PROTECTED]
Subject: Returned mail: User unknown
- Transcript of session follows -
While ta
Dear pen-lers
I know that you are discussing a lot about price of shoes
relative to the pay of the workers who actually make the shoes.
I was wondering if you could discuss why tuition costs are
out-stripping inflation several times over since many of you are
progressive economists?
For example,
Dear pen-lers
I know that you are discussing a lot about price of shoes
relative to the pay of the workers who actually make the shoes.
I was wondering if you could discuss why tuition costs are
out-stripping inflation several times over since many of you are
progressive economists?
For example,
But then is there a norm as to what the advertising budget should be?
Should there be a norm? Is this not the classical unproductive
activity? Just asking.
Anthony D'Costa
U of Washington
On Wed, 2 Mar 1994, Nathan Newman wrote:
>
>
> On Wed, 2 Mar 1994, Heather.L.Grob.1 wrote:
>
> > In
But then is there a norm as to what the advertising budget should be?
Should there be a norm? Is this not the classical unproductive
activity? Just asking.
Anthony D'Costa
U of Washington
On Wed, 2 Mar 1994, Nathan Newman wrote:
>
>
> On Wed, 2 Mar 1994, Heather.L.Grob.1 wrote:
>
> > In
Though I don't have the figures at hand, prices of goods are increasing
less rapidly than services, and durable goods less than nondurables. So
the "benefits" of lower wage costs are being passed along though an
intensification of Baumol's disease. Brand-name sneakers may be exempt
from the trend,
Though I don't have the figures at hand, prices of goods are increasing
less rapidly than services, and durable goods less than nondurables. So
the "benefits" of lower wage costs are being passed along though an
intensification of Baumol's disease. Brand-name sneakers may be exempt
from the trend,
I am not sure what Doug means by "transient" teenage women. Malaysia is
largely an Islamic nation, with other ethnic groups like the Indians and
Chinese. By transient it implies that family structures are loose and
women are significantly mobile. I think both of these implied
characterizati
I am not sure what Doug means by "transient" teenage women. Malaysia is
largely an Islamic nation, with other ethnic groups like the Indians and
Chinese. By transient it implies that family structures are loose and
women are significantly mobile. I think both of these implied
characterizati
Jim: responding to David Brennan, you refer to "subsumed class
processes" and then say you don't see the point of calling them
"non-class" processes. But they're *not* non-class, they're
subsumed class. What they're *not* is exploitation. For me, the
point here is that if we just talk about class,
Jim: responding to David Brennan, you refer to "subsumed class
processes" and then say you don't see the point of calling them
"non-class" processes. But they're *not* non-class, they're
subsumed class. What they're *not* is exploitation. For me, the
point here is that if we just talk about class,
On Wed, 2 Mar 1994, Heather.L.Grob.1 wrote:
> In response to Tom's question,
>
> I have no explanation for why shoe industries may need to generate internal
> funds. Maybe some pen-ller has?Perhaps, if so, its for r and d, to
> meet Nike's advertising strategy, to build plants in other co
On Wed, 2 Mar 1994, Heather.L.Grob.1 wrote:
> In response to Tom's question,
>
> I have no explanation for why shoe industries may need to generate internal
> funds. Maybe some pen-ller has?Perhaps, if so, its for r and d, to
> meet Nike's advertising strategy, to build plants in other co
If labour costs were such a small proportion of overall costs why
relocate production at all?
Maybe like a lot of "global goods" there's a world wide marketing price
policy so the price is perhaps falling in places like German (to counteract
revaluation of Mark or recession) but not in the US. I'
On Tue, 01 Mar 1994 20:07:27 -0500 (EST) Gil said:
>
>Such considerations, by the way, are by no means foreign to a dynamic
>GE model, so I'm hard pressed to see how this is a special point for
>the Sraffian approach.
"Dynamic GE model" seems an oxymoron, at least if one interprets
dynamics as i
On Tue, 01 Mar 1994 20:07:27 -0500 (EST) Gil said:
>
>Such considerations, by the way, are by no means foreign to a dynamic
>GE model, so I'm hard pressed to see how this is a special point for
>the Sraffian approach.
"Dynamic GE model" seems an oxymoron, at least if one interprets
dynamics as i
On Wed, 2 Mar 1994 10:57:01 -0800 (PST) Nathan Newman said:
(after quoting me)
>> I get my sneakers at Price Club, a warehouse store with wholesale
>> prices and zero ambiance.
>
>Which with its merger with Costco (a non-union store) may be helping to
>undermine salaries and the standard of livin
On Wed, 2 Mar 1994 10:57:01 -0800 (PST) Nathan Newman said:
(after quoting me)
>> I get my sneakers at Price Club, a warehouse store with wholesale
>> prices and zero ambiance.
>
>Which with its merger with Costco (a non-union store) may be helping to
>undermine salaries and the standard of livin
On Tue, 1 Mar 1994, Jim Devine wrote:
> I get my sneakers at Price Club, a warehouse store with wholesale
> prices and zero ambiance.
Which with its merger with Costco (a non-union store) may be helping to
undermine salaries and the standard of living of food and commercial
workers in the U
On Tue, 1 Mar 1994, Jim Devine wrote:
> I get my sneakers at Price Club, a warehouse store with wholesale
> prices and zero ambiance.
Which with its merger with Costco (a non-union store) may be helping to
undermine salaries and the standard of living of food and commercial
workers in the U
On Tue, 01 Mar 1994 17:50:02 -0500 (EST) Gil said:
>When Ajit replies to my claim that the Sraffian model is just
>equivalent to a GE system with a lot of stuff left out by saying
>that in Sraffa-land (or what Ajit calls the "surplus approach"),
>quote, "The real wage is determined by social and h
On Tue, 01 Mar 1994 17:50:02 -0500 (EST) Gil said:
>When Ajit replies to my claim that the Sraffian model is just
>equivalent to a GE system with a lot of stuff left out by saying
>that in Sraffa-land (or what Ajit calls the "surplus approach"),
>quote, "The real wage is determined by social and h
Dear PENners: I am circulating the following exchange to enter it
into the current running shoe controversy.Cheers,
Message: 32005750, 27 lines
Posted: 5:08pm EST, Tue Mar 1/94, imported: 4:23pm EST, Tue Mar 1/94
Subject: RE: Running further with those sho
Dear PENners: I am circulating the following exchange to enter it
into the current running shoe controversy.Cheers,
Message: 32005750, 27 lines
Posted: 5:08pm EST, Tue Mar 1/94, imported: 4:23pm EST, Tue Mar 1/94
Subject: RE: Running further with those sho
Tom Weisskopf asked what would explain the fact that, despite
the lower cost of producing Nikes etc., the price hasn't fallen
and monopoloy profits arebeing made despite
potential competition.
One wonders if this does not fit very nicely into Sweezy's
kinked (oligopoly) demand curve where, despit
Tom Weisskopf asked what would explain the fact that, despite
the lower cost of producing Nikes etc., the price hasn't fallen
and monopoloy profits arebeing made despite
potential competition.
One wonders if this does not fit very nicely into Sweezy's
kinked (oligopoly) demand curve where, despit
In Message Tue, 01 Mar 1994 20:07:27 -0500 (EST),
[EMAIL PROTECTED] writes:
>Gil's response to Ajit, Part 2.
..
..
>This brings all, or at least most, of the pieces together. Ajit's
>argument here encounters a fundamental dilemma:
>
>EITHER
>1) CAPITAL cannot be considered the "bigger story" b
In Message Tue, 01 Mar 1994 20:07:27 -0500 (EST),
[EMAIL PROTECTED] writes:
>Gil's response to Ajit, Part 2.
..
..
>This brings all, or at least most, of the pieces together. Ajit's
>argument here encounters a fundamental dilemma:
>
>EITHER
>1) CAPITAL cannot be considered the "bigger story" b
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