[PEN-L:3746] Re: economists and failure

1995-01-14 Thread R. Anders Schneiderman
Doug said that mainstream economists would explain the failure of IBM, etc. by saying that in the new international economy, they didn't make it because they'd gotten "fat and lazy." I guess what I'm trying to ask is, how do smart neoclassicals explain how + when large corps get "fat + lazy"

[PEN-L:3747] Re: Black unemployment rate

1995-01-14 Thread Doug Henwood
At 4:40 PM 1/13/95 -0800, [EMAIL PROTECTED] wrote: > >I agree with the posts about rising tides concerning minority >status increasing when the economy turns up but I should say that >I am working on a paper and the prelimiary evidence for U.S. Industries >indicates that women are not inc

[PEN-L:3748] Re: economists and failure

1995-01-14 Thread Doug Henwood
At 8:32 AM 1/13/95 -0800, [EMAIL PROTECTED] wrote: >Evan Jones writes: >> ... The character, fate of GM, IBM >> or any other real-life business entity, big or small, is of >> absolutely no consequence to neoclassical economics. This herculean >> detachment is what gives NC economics its eleganc

[PEN-L:3749] Re: economists and failure

1995-01-14 Thread Doug Henwood
At 10:34 AM 1/14/95 -0800, R. Anders Schneiderman wrote: >Doug said that mainstream economists would explain the failure of IBM, >etc. by saying that in the new international economy, they didn't make it >because they'd gotten "fat and lazy." I guess what I'm trying to ask is, >how do smart neocl