LTV, MTV & Money

1994-04-08 Thread Ajit Sinha
No matter how much I would like to keep out of this debate, I have to ask you a simple Mike. How do you make the quantitative relation between abstract labor and money? Other questions will follow, depending upon the answer! Cheers, Ajit Sinh

democracy and productivity

1994-04-08 Thread David Laibman
Dear PEN, A brief reply to Paul Phillips' request for sources on worker participation and productivity. I never miss an opportunity to advertise. The Spring 1992 issue of Science & Society carried several articles devoted to models and conceptions of socialism. David Schweickart's piece (he

Re: natural rate

1994-04-08 Thread Alan G. Isaac
I reviewed some of the evidence in my Spring 1993 JPKE paper "Is There a Natural Rate?" As I read it, the standard belief that labor force composition changes can account for much of the changes in the "natural" rate during the past three decades is ill-founded. I also argue in this paper that the

Re: LTV, MTV and money

1994-04-08 Thread Jim Devine
or was Ricardo a minor pre-Marxian? in pen-l solidarity, Jim Devine BITNET: jndf@lmuacadINTERNET: [EMAIL PROTECTED] Econ. Dept., Loyola Marymount Univ., Los Angeles, CA 90045-2699 USA 310/338-2948 (off); 310/202-6546 (hm); FAX: 310/338-1950 if bitnet address fails, try [EMAIL PROTECTED]

Re: American Economic Association Meetings in Boston

1994-04-08 Thread Michael Lebowitz
In Message Fri, 8 Apr 1994 09:17:16 -0700, Jim Devine <[EMAIL PROTECTED]> writes: >One of our job candidates during the interviewing season (Wei Li) >argues that the reason why China has boomed while Russia has >collapsed is the following: Russia (and other former parts of >the USSR) decontroll

Re: LTV, MTV and money

1994-04-08 Thread Michael Perelman
Just as a footnote to Mike Lebowitz's posting, what was new in Marx was his attempt to treat the rather flat classical political economy concepts as Hegelian -- in the sense that he was arguing that the classical political economists had stumbled upon categories that expressed more about the econo

Re: Imperialism

1994-04-08 Thread R. Anders Schneiderman
On Thu, 7 Apr 1994 [EMAIL PROTECTED] wrote: > Let me repeat what I sent to a Canadian colleague about the offensive > posting on this network. " Sorry if I am unrepenetant, but I am sick > and tired about American Liberal "holier than thou"sim and -- "do as I do, > not as I say". When you look

Re: Imperialism

1994-04-08 Thread JTREACY
Date: Thu, 07 Apr 1994 21:56:39 -0700 From: [EMAIL PROTECTED] Subject: Imperialism What is wron with Ameng with America that they have to grovel to the level of sesual perversion to get "truth". Given the level of morality of the Congress, the Senate and the White House, it is hard to believe the

Re: American Economic Association Meetings in Boston

1994-04-08 Thread Jim Devine
One of our job candidates during the interviewing season (Wei Li) argues that the reason why China has boomed while Russia has collapsed is the following: Russia (and other former parts of the USSR) decontrolled all prices, leading to massive chaos, as firms found themselves unable to afford input

Re: free speech

1994-04-08 Thread Jim Devine
Someone (Nathan?) praised the US first amendment recently over these wires. But that amendment does not apply to a lot of important situations: crucially, one's employer can restrict one's speech. Labor unions have to live within very strict guidelines when picketing. (Recently, the anti-aborti

American Economic Association Meetings in Boston

1994-04-08 Thread ECOELT
At the annual meeting of the American Economic Association in Boston in January, 1994, Lawrence Summers gave a retrospective look at "Putting People First," Clinton's international economic policy, as reproduced in CHALLENGE for March-April, 1994. Summers argues that it would be a grave m

Re: Imperialism

1994-04-08 Thread Doug Henwood
It's shocking, but this posting almost excited a twinge of patriotism in me. We're not without *some* redeeming characteristics. Doug Doug Henwood [[EMAIL PROTECTED]] Left Business Observer 212-874-4020 (voice) 212-874-3137 (fax) On Thu, 7 Apr 1994 [EMAIL PROTECTED] wrote: > Let me repeat wh

Re: Inflation measurement

1994-04-08 Thread MMEEROPO%WNEC . BITNET
On April 5, Doug H. said: >The CPI does try to make quality adjustments. Whether the BLS succeeds is >a matter of controversy, but they do try. As an aside, I talk to a lot of >the faceless bureaucrats at BLS, BEA, Census, and elsewhere who produce >these figs, and I've always been impressed w

LTV, MTV and money

1994-04-08 Thread Michael Lebowitz
Finally! Classes for this term are over, and I can now make a few comments in relation to Allin Cottrell's defence of the LTV. Although I don't think Allin answered all of the points I raised (18/3), he did object to my question, "how is this [identical, homogeneous, universal, abstract] jell

Economists: genetic or market bias?

1994-04-08 Thread Trond Andresen
Re the messages of Ellen Frank and Sam lanfranco on what drives an economist. I remind of two pieces that have appeared earlier on pen-l; the first is Economics: The Politicized "Science" (by Edward S. Herman, from Z Magazine, Feb. 1993, p43) and I quote Economics has