[PEN-L:11204] rent question -- an addendumb

Yes, addenDUMB: I got so hung up with the idea of execs being paid a scarcity rent that I lost sight of what they get paid when they don't receive a scarcity rent, i.e., when they're paid their "Marginal physical product." Since corporate execs are, strictly speaking, unproductive workers -- i.e.

[PEN-L:11202] Re: Rent question

Wojtek writes: > > >Is executive salary, or a part of it, rent from an economic point of view? > >And if so, how can the rent component in that salary be determined? > > > >I'm asking this question because a mainstream economist I'm working with > >argued that exec's salary can actually reflec

[PEN-L:11200] Jean-Luc Godard's "Contempt"

Carlo Ponti and Joseph E. Levine, the producers of Jean-Luc Godard's "Contempt", were eager to make a commercial film that would appeal to a broad audience, while simultaneously exploiting their "edgy" young director's notoriety. They were interested in a "product" that would sell both in art-hous

[PEN-L:11198] Rent question

Is executive salary, or a part of it, rent from an economic point of view? And if so, how can the rent component in that salary be determined? I'm asking this question because a mainstream economist I'm working with argued that exec's salary can actually reflect the exec's worth (i.e. what he, r

[PEN-L:11196] Henwood speaks: DC

Comrades in the Washington area: I'll be at Vertigo Books tonight, Tuesday, at 6 PM, in the latest stop in my self-promotional tour. If you don't care, please ignore this. Doug

[PEN-L:11199] Re: imperialist competition?

On Mon, 7 Jul 1997, Terrence Mc Donough wrote: > Competitiveness is also effective in that it provides an umbrella for > two different strategies. One is Jim D's competitive austerity of > which the U.S. and Britain are the exemplars. [Indeed, it would not > be inaccurate to describe it as

[PEN-L:11206] Re: rent question -- an addendumb

Each year, business Week gives an article detailing the exploits of executives, like Ovitz, who screw up and get paid royally for their efforts. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 916-898-5321 E-Mail [EMAIL PROTECTED]

[PEN-L:11203] rent question

Wojtek: I recommend that you look at Frank & Cook's THE WINNER-TAKE-ALL-SOCIETY (Penguin). Even though they don't use the terminology of rent, their analysis fits with it. It's generally well written, for a nonprofessional-economist audience. (It's in the broad tradition of segmented labor markets

[PEN-L:11197] Re: interimperialist rivalries (IV)

In his famous speech to the U.N. >on the ugly machinations of U.S. Imperialism, the Defense Minister >Krishna Menon (friend of both Nehru and Chou En-Lai) alluded to the >behind-the-scenes machinations going on of which India was an >unwilling participant (the slogan in India right before the

[PEN-L:11201] Re: Rent question

Wojtek writes: >Is executive salary, or a part of it, rent from an economic point of view? >And if so, how can the rent component in that salary be determined? > >I'm asking this question because a mainstream economist I'm working with >argued that exec's salary can actually reflect the exec's w