[PEN-L:1303] Jacob, Esau and Alfred Marshall

Essay question: Compare and contrast Thomas Mann's Joseph and his Brothers and Alfred Marshall's Principles of Economics. Extra credit: use the words 'elide' and 'palimpsest' in your essay. Tom Walker http://www.vcn.bc.ca/timework/

[PEN-L:1302] Grapes of Wealth & Wrath; Hoffa Pledges to Strengthen IBT;Hoffa Called a Contradiction

IN THIS MESSAGE: Grapes of Wealth & Wrath; Hoffa Pledges to Strengthen IBT; Hoffa Called a Contradiction In California's Vineyards, Grapes of Wealth and Wrath By Rene Sanchez Washington Post Staff Writer Sunday, December 6, 1998; Page A03 SANTA ROSA, Calif.These are the best of times in Cali

[PEN-L:1301] Re: Suctional unemployment

Jim Devine wrote, >It seems to me that you basically want to change the subject. Somehow a new >type of (hidden) unemployment is no longer relevant and you feel no >obligation to explain it. Instead, you want to talk about alienation, a >topic we agree on. I'm not changing the subject. At least

[PEN-L:1272] Re: NZ

Doug Henwood wrote: > Speaking of NZ, today's Financial Times has an article on the > country. I'm quoting only the lead (or lede, as we say in j'ism), so > as not to get Don Roper's copyright reflex all a-flutter. You can > get the whole thing from the FT's web site . Go > do

[PEN-L:1295] Re: Re: RE: Social Security change under Reagan

In a message dated 12/6/1998 9:48:40 AM Pacific Standard Time, [EMAIL PROTECTED] writes: << the government has borrowed money from the Social Security > accounts and not paid it back. > > Max (anyone), is this accurate? Of what importance is this, if so? >> --- as a biker, i'm aware th

[PEN-L:1275] Re: Re: Clipping Hedges

Doug answered Dennis's question on hedge-fund-leverage-ratios thusly: >Well, they're all leveraged; the only question is to what degree. In >Congressional testimony a few months ago, Greenspan said, almost as an >aside, that there were "hundreds" of potential LTCMs out there. No one, not >even AG

[PEN-L:1300] Re: Re: Suctional unemployment

I wrote: >>I don't get the analogy about fractions. Argument by analogy is often >>opaque. I was referring to the two types of economic behavior being "akin >>to" each other in terms of their effects, not their causes, as I say >>immediately after what I said above... >The effects are _not_ th

[PEN-L:1299] Re: RE: Re: Re: Social Security change underReagan

I wrote: >> I would say that SS _is_ a form of insurance. Insurance companies >> redistribute money from those whose houses don't burn down to those whose >> houses do burn down (to use the example of fire insurance), sharing the >> risk. SS redistributes from those who are suffering from retireme

[PEN-L:1298] Re: stock market promotes productive capacity (under Reagan)

I wrote: ><< > Putting this surplus into the stock market wouldn't promote the productive > capacity of the economy, BTW, since the vast majority of stocks purchased > are not new issues financing capital investment. > >> "Big Wayne" writes: >--- except insofar as the liquidity of "old" s

[PEN-L:1297] Re: Re: Re: labor note

Ellen: To give him his due, Bensinger, by the time he ascended to the OD job, had moved away from his one-note samba (the blitz) and was prepared to use many different approaches to winning recognition, including non-Board methods. His, however, was a technocratic style that continued to depend

[PEN-L:1289] Re: labor note

Michael Eisenscher wrote: >No doubt about it. Question is whether it was more important to give them the >treatment or to figure out how to move around them to get the job done. Given >the outcome, who do you think comes out ahead. > >The addition of Jimmy Jr. to the Executive Council changes t

[PEN-L:1296] Re: Re: labor note

John Sweeney is no John L. Lewis. He's not about to start a war he can't win. I suspect there will be a period of six to twelve months of careful jockeying by all parties. Then each side will start to test the waters. When push comes to shove, though, John and the New Voices will seek accommod

[PEN-L:1292] Begish: Open Letter to HAARP Supporters

--- Forwarded Message Follows --- Date: Sun, 06 Dec 1998 13:26:39 -0800 To:[EMAIL PROTECTED], [EMAIL PROTECTED] From: Wes Thomas <[EMAIL PROTECTED]> Subject: [MC] Begish: Open Letter to HAARP Supporters Reply-to: Wes Thomas <[EMAIL PROTECTED]> -- F

[PEN-L:1291] Re: Re: labor note

>Does anybody know why Bensinger was fired? Every time I heard him, I was >impressed. >-- >Michael Perelman There was some dissatisfaction with his technique --the Blitz. which focuses on trying to organize workplaces very quickly, before an employer is aware an organising drive is underway -

[PEN-L:1286] RE: Re: Re: Social Security change under Reagan

> >... 3) I'm not quite sure why social security is not "insurance". How > >does "insurance" differ from "government redistribution" in the case > >of SS? > > I would say that SS _is_ a form of insurance. Insurance companies > redistribute money from those whose houses don't burn down to those wh

[PEN-L:1285] RE: Re: Social Security change under Reagan

Sorry I don't have time to elaborate too much on all the questions, but a few answers: > . . . > 1) If I read this correctly, it sounds as if SS has never been > a "savings" account where money is paid into the account, invested for > the lifetime of the payees and then paid back to them when th

[PEN-L:1283] RE: Re: Social Security change under Reagan

.. . . FDR supported the separation of social security form > the rest of the budget to preserve the illusion that social security > (OASI, now OASDHI) was a form of insurance. In fact, it is a government > redistribution program largely indistinguishable from welfare. . . . This implies either

[PEN-L:1282] RE: Social Security change under Reagan

> My brother tells me that under the Reagan administration the > accounting of Social Security was changed. He says that they used to > be separate budgets, but now they are combined accounts. He also says > that the government has borrowed money from the Social Security > accounts and not paid

[PEN-L:1290] Re: Suctional unemployment

Jim Devine wrote, >I don't get the analogy about fractions. Argument by analogy is often >opaque. I was referring to the two types of economic behavior being "akin >to" each other in terms of their effects, not their causes, as I say >immediately after what I said above: The effects are _not_ t

[PEN-L:1281] Re: Re: Re: Re: labor note

Michael Eisenscher wrote: >Bensinger was never known as a paragon of diplomacy. He's blunt, >hard-driving, >and, I suspect, not very politic about how he dealt with the leaders of the >affiliates and the apparachiki at the headquarters. And is there a group of people that ever deserved such tre

[PEN-L:1288] Re: Re: Re: Re: Re: labor note

No doubt about it. Question is whether it was more important to give them the treatment or to figure out how to move around them to get the job done. Given the outcome, who do you think comes out ahead. The addition of Jimmy Jr. to the Executive Council changes the political mix radically. W

[PEN-L:1279] Re: Re: Social Security change under Reagan

The SS Budget was merged into the overall Fedeal Budget during the Johnson Administration. Reason: SS Budget was always in surplus but the Fed Budget, becasue of Viet Nam War, was running a big deficit. By merging them Johnsoon and Humphry were able to have their "happy little war" a budget sur

[PEN-L:1280] Re: Social Security change under Reagan

On Sun, December 6, 1998 at 06:58:00 (-0500) Gerald C Friedman writes: > FDR supported the separation of social security from >the rest of the budget to preserve the illusion that social security >(OASI, now OASDHI) was a form of insurance. In fact, it is a government >redistri

[PEN-L:1287] Re: Re: Suctional unemployment

I wrote: >>Most macroeconomists are aware of something akin to this phenomenon. >>Instead of workers clinging to jobs, it's a matter of employers holding >>onto overhead workers (staff, management) even though they aren't needed as >>much as when demand is high. Overhead employment is one key reas

[PEN-L:1284] Re: Re: Social Security change under Reagan

Bill Lear writes: >1) If I read this correctly, it sounds as if SS has never been >a "savings" account where money is paid into the account, invested for >the lifetime of the payees and then paid back to them when they >retire (or exit the workforce for whatever "legitimate" reasons). >If this is

[PEN-L:1277] Re: Social Security change under Reagan

The Federal government began using a unified budget under the Johnson administration. Separate 'accounts' are still kept for social security 'contributions' and other revenue although in their macro-economic impact they are the same. FDR supported the separation of social security form the rest

[PEN-L:1278] Re: labor note n-1

Quoth Michael Eisenscher, in part: > One can't really > understand the developments inside the labor beltway if you don't understand > the structural and institutional influences and parameters within which > organized labor's internal politics are p

[PEN-L:1273] Social Security change under Reagan

My brother tells me that under the Reagan administration the accounting of Social Security was changed. He says that they used to be separate budgets, but now they are combined accounts. He also says that the government has borrowed money from the Social Security accounts and not paid it back.