bill mitchell wrote:
>>"Money is a kind of poetry." - Wallace Stevens.
>
>hi Doug
Hi Bill.
>i am not sure of what this means. is money beautiful and complex and
>rhythmic, and ..?
Well, Wallace Stevens was a right-wing insurance company lawyer to start
with, who said in an early 1950s lett
On Mon, July 14, 1997 at 18:11:16 (-0700) Michael Perelman writes:
>rakesh bhandari wrote:
>>
>> I would like to submit for analysis this passage by Joesph Kahn from
>> today's WSJ "China's Overcapacity Crimps Neighbors:Glut Swamps Southeast
>> Asia's Exports, Roiling Currencies" (A10):
>
>This
In responding to Jim Devine, Tom Walker writes:
Grr. One of the great disservices that positivism has done for north
american intellectuals is to persuade them that poetry is "about emotions".
At the risk of committing a similar reduction, poetry is "about how language
works" and thus can be
rakesh bhandari wrote:
>
> I would like to submit for analysis this passage by Joesph Kahn from
> today's WSJ "China's Overcapacity Crimps Neighbors:Glut Swamps Southeast
> Asia's Exports, Roiling Currencies" (A10):
This is one of the main thesis of Greider, William. 1997. One World,
Ready or N
At 05:23 PM 7/14/97 -0700, you wrote:
>bill mitchell wrote:
>
>>Econometrics is a highly sophisticated art form and has an aesthetic
>>aspect that takes some beating. the beauty of the data and the models
>>and the dynamic interactions and covariances and the wonderful
>>patterns of long and short
bill mitchell wrote:
>Econometrics is a highly sophisticated art form and has an aesthetic
>aspect that takes some beating. the beauty of the data and the models
>and the dynamic interactions and covariances and the wonderful
>patterns of long and short run models, and the sheer intellectual dept
I would like to submit for analysis this passage by Joesph Kahn from
today's WSJ "China's Overcapacity Crimps Neighbors:Glut Swamps Southeast
Asia's Exports, Roiling Currencies" (A10):
"Fed by overinvestment, China has built up a glut of manufacturing capacity
so huge that the country could prod
> >> From: Seth Klein, Coordinator, CCPA - BC Office
> >>
> >> RE: APEC
> >>
> >> The APEC leaders summit will take place in Vancouver this November.
> >> A parallel People's Summit on APEC will also be taking place
> >> between Nov. 19 and 24, during which a number of issue forums will occur.
> >
At 02:03 PM 7/14/97 -0700, you wrote:
>Jim Devine writes,
>> But models and econometrics can give one a greater understanding of what
>> may be true.
And Eric writes
>
>As any formal model and any econometric study depend on
>untestable and/or artificial ancillary assumptions I'm not sure how
>o
The Atlantic MonthlyJuly 1997
THE COMPUTER DELUSION
by Todd Oppenheimer
There is no good evidence that most uses of computers
significantly improve teaching and learning, yet school
districts are cutting programs -- musi
Eric, I think we basically agree, though of course it is epistemologically
impossible to _know_ whether or not it is "true" that we agree, just as the
meaning of "truth" is impossible to define or even grasp. ;-)
Or as jesting Pilate asked, "what is truth?"
Seriously, we have to _assume_ that t
James Craven writes that
>1) neoclassicals use models n' metric and, worse,
>2) advancement in the neoclassical world requires the
>production of models n' metrics
> THEREFORE
> 3) the use of models n' metrics should be avoided.
> I'm not sure how 1 & 2 imply 3. If the abov
FYI
Shawgi Tell
Graduate School of Education
University at Buffalo
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Date: Sun, 13 Jul 1997 22:50:21 -0700
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M I D -
James Craven writes that
1) neoclassicals use models n' metric and, worse,
2) advancement in the neoclassical world requires the
production of models n' metrics
THEREFORE
3) the use of models n' metrics should be avoided.
I'm not sure how 1 & 2 imply 3. If the above is true, how
Jim Devine wrote,
>I disagree. Poetry, etc., is basically "about" human emotions. That's
>important stuff, but there's more to life than emotion. Formal models and
>empirical work, if done right, help us as a guide to political practice (or
>for Max, policy), understanding the past, or even (cond
Jim Devine writes,
> But models and econometrics can give one a greater understanding of what
> may be true.
As any formal model and any econometric study depend on
untestable and/or artificial ancillary assumptions I'm not sure how
one can distinguish between models/empirical results that are
I was cut off previously
Some time ago Dave Colander and Bob Coats put out a book of readings
entitled "The Dissemination of Economic Ideas". They suggested that
some of the concepts of "mainstream" and not-so-mainstream economics
be systematically applied to the economic profession in partic
Some time ago Dave Colander and Bob Coats put out a book of readings
entitled "The Dissemination of Economic Ideas". They suggested that
some of the concepts of "mainstream" and not-so-mainstream economics
be systematically applied to the economic profession in particular
and academia in gener
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--3F1933016C78
The people of the DPRK have faced the adversity caused by two years o
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--10487C63789C
Stop Paying the Rich Increase Funding for Social Programs
The more t
Eric N. writes that: >>Assertations that claims about power relations can't
be operationalized or subjected to formal "hypothesis testing" are silly.<<
Agreed. I think there's a lot of unjustified antagonism toward econometric
hypothesis testing among "heterodox" economists. Econometrics, like
ne
The only question that matters is "will it sell books?" After reading
Isaac's vitriol, I'd rush out to buy a copy of Wall Street (if I didn't
already have one on order).
> PAUL J. ISAAC considers himself a Wall Streeter.
Regards,
Tom Walker
Middle-aged Doug Henwood writes:
>Speaking of power & neoclassicals, what do the econometrically
>numerate make of the Bowles/Gintis efforts to incorporate power
>inequities into neoclassical models?
(Disclaimer: I did my dissertation with Sam Bowles).
I think their attempt to introduce power in
RE the discussion on logical positivism, testing, operationization
of concepts, and related stuff:
1) Coincidentially, I am today working on an econometric
paper that "tests" whether workers have relatively more
power in a capitalist economy then they do in a democratic state.
Assertations that
At 12:35 AM 7/14/97 -0700, Ken Hanly wrote, inter alia:
> My understanding of the logical positivists is that they do not require
>operational definitions. Indeed a positivist interpretation of a neo-classical
>model would surely be that it is a deductive system in which the concepts are
>u
At 08:43 AM 7/12/97 -0700, you wrote:
>Apologies if this seems too self-promotional.
>
>Paul J. Isaac may "consider himself a Wall Streeter," as his i.d. line
>says, but last I heard, he was unemployed because he lost piles of money
>during one of the great bull markets in human history.
>
>Doug
Speaking of power & neoclassicals, what do the econometrically numerate
make of the Bowles/Gintis efforts to incorporate power inequities into
neoclassical models?
Doug
--
Doug Henwood
Left Business Observer
250 W 85 St
New York NY 10024-3217 USA
+1-212-874-4020 voice +1-212-874-3137 fax
email
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--4415ABD44D0
NY Times
> July 13, 1997
>
> Forbes' Richest Peop
James Craven writes:
Someone wrote:
(Why is it that non-neoclassical economists avoid the issue of
power?)
> They don't.
Response: It is just the opposite. It is the neoclassicals, usually
under the influence of some form of philosophical positivism, that
consider "power" to squishy and
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