Max Sawicky wrote,
> Of course, when an asteroid exceeding
> about 2 mi. in diameter hits the earth, it will
> have paid to borrow after all, since much of the
> consequent interest payments will be avoided.
You're taking the plot lines for recent made-for-tv movies a little too
much to heart.
Max Sawicky wrote,
>Of course, when an asteroid exceeding
>about 2 mi. in diameter hits the earth, it will
>have paid to borrow after all, since much of the
>consequent interest payments will be avoided.
However, if the money was borrowed to finance speculation on real estate,
the capital gai
> From: Jim Westrich <[EMAIL PROTECTED]>
> Subject: [PEN-L:8727] Re: market socialism, planned socialism, ut
> At 12:05 PM 2/19/97 -0800, Robin Hahnel wrote:
> > I'd start, of course, with not spending
> >two thirds of my federal taxes on the military and debt service.
>
> This is
At 12:05 PM 2/19/97 -0800, Robin Hahnel wrote:
> I'd start, of course, with not spending
>two thirds of my federal taxes on the military and debt service.
This is a minor point in relation to this overall thread (which I find
interesting and useful for a Free Skool/Open University of the Left cou
On 18 Feb 97 at 8:46, Nathan Newman wrote:
> On Mon, 17 Feb 1997 [EMAIL PROTECTED] wrote:
>
> > There's a lot of truth to that, especially in Western Europe back
> > when social democracy ruled. But here in the US, if I am not
> > mistaken, the big increases in the progressiveness of the tax
On 18 Feb 97 at 12:03, [EMAIL PROTECTED] wrote:
> I agree with Anders, but I think the differences between me and Max (and
> Max's comment was a response to me) have nothing to do with concrete,
> practical activity in the here-and-now versus fantasy projections about
> some imagined future. Diff
Only a thought: Why is it that income in a society must be tied to labor,
a la MRP or otherwise?
Larry Shute
At 01:29 PM 2/19/97 -0800, you wrote:
>While one might hope that relative wages in a workers' managed market
>socialism would be set according to some criterion other than marginal
>reven
While one might hope that relative wages in a workers' managed market
socialism would be set according to some criterion other than marginal
revenue products -- as Rosser implies they would/could be -- I know of no
analyst of such a system who does not conclude that the labor market in
such a syst
> >From [EMAIL PROTECTED] Wed Feb 19 11:52:03 1997
> Date: Wed, 19 Feb 1997 11:40:09 -0500
> To: [EMAIL PROTECTED]
> From: Stuart Ryan <[EMAIL PROTECTED]>
> Subject: Open Letter to the faculty and staff at Carleton
> Sender: [EMAIL PROTECTED]
>
> Wednesday, February 19, 1997
>
> An open letter
I completely agree with the healthiness and usefulness of the thought
expressed by Harry Cleaver as: "We've just GOT to be able to do better
than this" --- "this" being capitalism.
I was only remarking that in central planning wage rates do not have
to be equal to marginal revenue products in order to achieve static
efficiency. In market socialism, it seems to me they do. And that includes
employee managed market socialism a la Vaneck. I know that wage rates
were not fair in
The market teaches people that they DESERVE to get in accord with the
market determined value of their contribution. The market teaches people
to think that way every day -- just ask my students! But progressive
taxation requires one to think that to each according to the market value
of his or he
I agree with PBurns that central planning does not necessarily solve
external effect inefficiencies. What is required is for normal procedures
to correctly signal social costs and benefits. Trying to correct after the
fact is both intellectually and politically daunting -- as in, it won't
happen s
[EMAIL PROTECTED] wrote:
>
> >What Blair described is the ocassional human contract that manages to
> >seep into market society. Such events are so extraordinary that they
> >need to be singled out for comment.
> >
> >I am off to Walmart
> >
> >Michael Perelman
>
> Michael, was that "human
On Wed, February 19, 1997 at 07:29:33 (PST) Rich Parkin pointed out a
semantic oversight in my parody of Blair Sandler's (rhetorical?)
question about markets. Rich observes:
>The difference is that "market" and "market" are synonyms. "Rape" and "sex"
>are not!
Perhaps I should have phrased it
Anders, thanks for your response to my comments about "academic dreamers"
and all that. I think/hope if/when you see my paper you'll find it
interesting, relevant and useful.
Blair
Blair Sandler
[EMAIL PROTECTED]
"It is astonishing what foolish things one can temp
>On Tue, February 18, 1997 at 16:22:18 (PST) [EMAIL PROTECTED] writes:
>>Am I just wrong, perhaps overly romanticizing, if I suggest that markets
>>can be fun when they are highly contextualized, a small part of an
>>extensive network of non-market relations? [...]
And Bill replies,
>Excuse the
>What Blair described is the ocassional human contract that manages to
>seep into market society. Such events are so extraordinary that they
>need to be singled out for comment.
>
>I am off to Walmart
>
>Michael Perelman
Michael, was that "human *contract*" or "human *contact*?"
Serious q
>On Tue, February 18, 1997 at 16:22:18 (PST) [EMAIL PROTECTED] writes:
>>Am I just wrong, perhaps overly romanticizing, if I suggest that markets
>>can be fun when they are highly contextualized, a small part of an
>>extensive network of non-market relations? [...]
>
>Excuse the venom, but:
>
>Am
BLS DAILY REPORT, TUESDAY, FEBRUARY 18, 1996:
__Prices received by producers of finished goods declined 0.3 percent
in January, reflecting decreases in food and energy products, BLS
reports. the O.3 percent seasonally adjusted drop in the Producer
Price Index for Finished Goods is the first d
The student occupation of York University President Susan Mann's
offices came to an end on the morning of Sunday, February 16. Both
Metro police (called in by the York administration) and campus
security were in full force when the protesters, who have been
occupying her office since Tuesday, wer
One of the greatest difficulties facing the financial oligarchies
of the entire world surfaced at their "World Economic Forum's"
annual meeting held on February 1-2 in Davos, Switzerland.
According to media reports, "Economic globalization, once seen as
an unstoppable trend, is running up against
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