Ford in Talks to Build a Small Car in China

2000-08-03 Thread Stephen E Philion
August 3, 2000 Ford in Talks to Build a Small Car in China By CRAIG S. SMITH _ GET QUOTES Look Up Symbol Go Portfolio| Stock Markets |

RE: Re: To glib or not too glib?

2000-08-03 Thread Mikalac Norman S NSSC
engineer would like some clarifications: what is "NC economics"? how do economists define "efficiency"? in engineering, efficiency is defined as (desirable) outputs/inputs and is always less than 1. 1 - efficiency = inefficiency, i.e., undesirable outputs/inputs, due to friction, etc. thanks

Re: Re: Re: Re: Woody Allen and jazz

2000-08-03 Thread Louis Proyect
Justin wrote: No doubt I am confused. It is an occupational hazard. And I haven't seen the movie. However, whites who played "hot" jazz, like Bix Beiderbecke or even Benny Goodman, whose swing was pretty hot, as opposed to Paul Whiteman style "dance" music, were often not just musically close

Re: Re: Re: Evidence? (was Re: irrrational (feminist) calculations)

2000-08-03 Thread Doyle Saylor
Greetings Economists, I will reach into Carrol's comments on depression to make a point about rationality which leaps out at me from Carrol's comments, Carrol, ..."Most of us, when "depressed," are unable to do sustained reading (of any texts). I own a stationary bicycle, and while suffering

Krugman/Nader

2000-08-03 Thread Michael Perelman
I stole this from the LBO list [From the current Village Voice.] Press Clips by Cynthia Cotts The Times’s Crusade Against Ralph Nader: Krugman Takes On 'Seattle Man' Has The New York Times unleashed a pissing match between Paul Krugman, its op-ed columnist and cheerleader for globalization,

Re: RE: Re: To glib or not too glib?

2000-08-03 Thread Michael Perelman
The difference is that the engineers work with relatively unambiguous measures of outputs and inputs -- btu's or whatever. Economists use prices, which are often discounted over time. A forest 30 years from now has virtually no value. Mikalac Norman S NSSC wrote: engineer would like some

The amazing US economy?

2000-08-03 Thread Louis Proyect
BOOM FOR WHOM? Economic Apartheid in America A Primer on Economic Inequality and Insecurity (full article at tompaine.com) Chuck Collins and Felice Yeskel are co-founders of United for a Fair Economy, an independent, nonpartisan organization dedicated to drawing public attention to the growth

Re: Re: Re: rational expectations

2000-08-03 Thread JKSCHW
I dob't want to get into this beyong what I say here, but, as I have explained variously, Bhaskar is a fool who is not taken seriously by real philosophers of science outside his cult, which mystifies me. I should explain that I was trained as a philosopher of science in the US and the UK--by

rational expectations

2000-08-03 Thread Charles Brown
[EMAIL PROTECTED] 08/02/00 04:47PM -clip- I was saying something more modest: that we should acquaint ourselves, deeply and sympathetically, with the best argument of the key antagonists to our most cherished beliefs. If that is an unattainable, our situation is more dismal than even I

Re: RE: Re: To glib or not too glib?

2000-08-03 Thread Jim Devine
At 08:23 AM 08/03/2000 -0400, you wrote: engineer would like some clarifications: what is "NC economics"? NC economics is short for "neoclassical" economics, the dominant orthodoxy among economists. (Those who follow the NC rules -- with their implicit politics -- are more likely to get

Re: Re: Re: Re: rational expectations

2000-08-03 Thread Jim Devine
At 10:43 AM 08/03/2000 -0400, you wrote: I dob't want to get into this beyong what I say here, but, as I have explained variously, Bhaskar is a fool who is not taken seriously by real philosophers of science outside his cult, which mystifies me. I should explain that I was trained as a

BLS Daily Report

2000-08-03 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, AUGUST 2, 2000 TODAY'S RELEASE: In June, 199 metropolitan areas reported unemployment rates below the U.S. city average (4.2 percent, not seasonally adjusted), while 122 areas registered higher rates. Fourteen metropolitan areas had jobless rates below 2.0 percent,

Concentration of Capital

2000-08-03 Thread Rudy Fichtenbaum
About a week ago I asked about information on increasing concentration in the U.S. economy. I looked at a rather old piece by Rick Seltzer in an URPE book on the U.S. Economy in Crisis. I have updated a couple of charts and thought people on Pen-l might be interested in these factoids. In 1960

Re: Concentration of Capital

2000-08-03 Thread Doug Henwood
Rudy Fichtenbaum wrote: In 1960 sales of the Fortune 500 relative to overall sales in the U.S. economy were about 40 percent This number rose steadily until 1980 reaching about 60 percent. Between 1980 and 1990 the number declined back down to about 40 percent. However, by 1999 the number had

Woody Allen and jazz

2000-08-03 Thread Charles Brown
[EMAIL PROTECTED] 08/03/00 08:55AM The term "hot" is not really musically descriptive of anything. It is just a way a tag, like 'jazz' itself. _ CB: Didn't Duke Ellington say he played "music" ? Miles Davis founded "The Cool" in the fifties, maybe in contrast to Le Jazz Hot.

Woody Allen and jazz

2000-08-03 Thread Charles Brown
[EMAIL PROTECTED] 08/02/00 07:33PM By this criterion, Woody Allen was spectacularly successful. He both bored people and made no point. _ CB: When I think about it, this is the way Woody Allen's movies always seemed to me. I could never figure out why everybody acted like the

RE: Concentration of Capital

2000-08-03 Thread Eric Nilsson
RE (Sales numbers for the U.S. are from the NIPA and are final sales. Sales of the Fortune 500 include all sales an thus have double counting. If international sales/international mergers by Fortune 500 firms have grown, then comparing total sales to the "size of US economy" might be

More on Contentville

2000-08-03 Thread Ken Hanly
Some big names are associated with scamville. Cheers, Ken Hanly Published July 26 - August 1, 2000 Press Clips by Cynthia Cotts Contentville Mystifies Writers and Publishers Partners in

Re: Concentration of Capital

2000-08-03 Thread Charles Brown
[EMAIL PROTECTED] 08/03/00 01:00PM Fortune 500 sales are worldwide, though, and multinationals book a big chunk of their sales abroad; you'd have to correct this for domestic sales only. __ CB: What about a measure of the concentration of all the wealth in the whole world ?

Re: Re: Concentration of Capital

2000-08-03 Thread Doug Henwood
Charles Brown wrote: CB: What about a measure of the concentration of all the wealth in the whole world ? That's gotten undeniably more concentrated. First-Third World gaps (or whatever you want to call the respective regions) have never been so wide. For an extended treatment, see my

rational expectations

2000-08-03 Thread Charles Brown
[EMAIL PROTECTED] 08/03/00 11:33AM In my interpretation, critical realism starts with the axiom that empirical reality exists independent of our perception of it. The rest of the epistemology is based on that. In many ways it's a critique of postmodern ultra-skepticism, in which any

Re: Re: Concentration of Capital

2000-08-03 Thread Charles Brown
[EMAIL PROTECTED] 08/03/00 02:05PM Charles Brown wrote: CB: What about a measure of the concentration of all the wealth in the whole world ? That's gotten undeniably more concentrated. First-Third World gaps (or whatever you want to call the respective regions) have never been so wide.

Hiroshima and Nagasaki

2000-08-03 Thread Louis Proyect
The Bombs of August By Howard Zinn (www.progressive.org) Near the end of the novel The English Patient there is a passage in which Kip, the Sikh defuser of mines, begins to speak bitterly to the burned, near-death patient about British and American imperialism: "You and then the Americans

Re: rational expectations

2000-08-03 Thread Jim Devine
We've had this conversation before. One way of summarizing my take on this is that "dialectical materialism" has some unfortunate baggage which can be avoided by reconsidering the issues under a new rubric. One source is Tony Lawson's article on critical realism in volume I of Phil O'Hara's

northernlight.com

2000-08-03 Thread Ken Hanly
contentville has competition now at northernlight.com Cheers, Ken Hanly

Re: Concentration of Capital

2000-08-03 Thread Jim Devine
The last time I looked at the industrial organization literature, there was a consensus that such aggregate measures don't mean much in terms of monopoly power issues. It's better to look at industry data and even then, the role of international competition mustn't be forgotten. Of course, it

Fwd: WTO's next challenge? Unfair use of sushi - The Globe and Mail

2000-08-03 Thread Bill Burgess
This is too good to not pass on. X-Sender: [EMAIL PROTECTED] (Unverified) X-Mailer: QUALCOMM Windows Eudora Light Version 3.0.5 (32) The Globe and Mail Thursday, August 3, 2000 WTO's next challenge? Unfair use of sushi By Jim Stanford This just

Re: rational expectations

2000-08-03 Thread Charles Brown
[EMAIL PROTECTED] 08/03/00 02:31PM We've had this conversation before. One way of summarizing my take on this is that "dialectical materialism" has some unfortunate baggage which can be avoided by reconsidering the issues under a new rubric. __ CB: I find a lot of

Re: Re: Re: Re: Re: rational expectations

2000-08-03 Thread JKSCHW
Look, Jim, I often defer to your economics expertise--not always, but often. If you tell me that someone is a crank with no respectable following in econ, I will be inclined to go along with you, since you are a real expert. Expertise is, after all, a legitimate basis of appeal to authority.

Question about greenhouse gases

2000-08-03 Thread Michael Perelman
I see that the Clinton administration is giving credit to companies that plant trees for removing greenhouse gases. Do you think that he will require offsets from companies that chop down trees? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel.

Clueless again

2000-08-03 Thread Michael Perelman
Joanna once fingered me for being clueless. She is right. I picked this up from Sid Shniad. Living in an age of such market dominance, I'm unable to tell whether this is a joke for not. The Globe and Mail Thursday, August 3, 2000 WTO's next challenge? Unfair use

more on energy deregulation

2000-08-03 Thread Michael Perelman
The Vancouver Sun August 3, 2000 ELECTRICITY DEREGULATION STEAMS CALIFORNIA Expectations were so rosy state prepared no contingency plans should supplies grow tight By Rebecca Smith California, which

Re: rational expectations

2000-08-03 Thread JKSCHW
When our critics are right about something, we should revise our views. Unlike Yoshie, I don't think we should just listen to formulate better replies to their errors, but also to see if we can learn something, to correct our own errors. It is not an a priori truth that "we" are right about

RE: Fwd: WTO's next challenge? Unfair use of sushi - The Globe and Mail

2000-08-03 Thread Max Sawicky
The Globe and Mail Thursday, August 3, 2000 WTO's next challenge? Unfair use of sushi By Jim Stanford Jim has a book called Paper Boom about the 'new' Canadian economy that would probably interest pen-lers in general. Publisher is James Lorimer Co. mbs

RE: Question about greenhouse gases

2000-08-03 Thread Max Sawicky
I see that the Clinton administration is giving credit to companies that plant trees for removing greenhouse gases. Do you think that he will require offsets from companies that chop down trees? Michael Perelman Not an offset, but a public-private partnership wherein those who chop down trees

Re: rational expectations

2000-08-03 Thread Charles Brown
[EMAIL PROTECTED] 08/03/00 03:29PM When our critics are right about something, we should revise our views. ))) CB: Sure, but what is an example of something important that they are correct about ? I say that realizing there has been a recent long thread on Hayek , for example.

Re: Re: Re: Re: Re: Re: rational expectations

2000-08-03 Thread Jim Devine
Justin wrote: Look, Jim, I often defer to your economics expertise--not always, but often. If you tell me that someone is a crank with no respectable following in econ, I will be inclined to go along with you, since you are a real expert. Expertise is, after all, a legitimate basis of appeal

Re: RE: Concentration of Capital

2000-08-03 Thread Jim Devine
I wrote, The last time I looked at the industrial organization literature, there was a consensus that such aggregate measures don't mean much in terms of monopoly power issues. It's better to look at industry data and even then, the role of international competition mustn't be

Re: Re: Re: Re: Re: Re: Re: rational expectations

2000-08-03 Thread JKSCHW
No, philosophy has even less consensus than economics. So it tells you something when practically nobody takes B seriously, eh? And not just because of his political orientation. People who share his general political orientation--all those Marxists or then-Marxists I mentioned--have no

RE: Re: Re: rational expectations

2000-08-03 Thread Max Sawicky
jks . . . Can't we just disagree without your reading me out of the club? Dontcha know, if they want you as a member, it's not worth joining. P. Wilson

Re: Re: Re: Re: Re: Re: Re: Re: rational expectations

2000-08-03 Thread Jim Devine
At 05:09 PM 8/3/00 -0400, you wrote: No, philosophy has even less consensus than economics. So it tells you something when practically nobody takes B seriously, eh? And not just because of his political orientation. People who share his general political orientation--all those Marxists or

Re: rational expectations

2000-08-03 Thread Michael Perelman
For couple of years, Chico employed Marco del Seta, one of the brightest people I ever met. He had a degree from London School of Economics in the philosophy of science and had taught some classes there any economics department. Having done graduate work in both philosophy and economics, I once

Re: Re: Re: Re: Re: Re: Re: Re: Re: rational expectations

2000-08-03 Thread JKSCHW
Nonetheless, it's best to make criticisms with _content_. When it's worth doing. It's information to know that someone's viewsare not worth paying attention to. Also, I understand that in the past, there have been philosophers who were rejected by the vast majority but later turned out to

Re: Re: Re: Concentration of Capital

2000-08-03 Thread Paul Phillips
Doug, when is it due out? Paul Phillips Economics, University of Manitoba On 3 Aug 00, at 14:05, Doug Henwood wrote: Charles Brown wrote: CB: What about a measure of the concentration of all the wealth in the whole world ? That's gotten undeniably more concentrated. First-Third

Re: rational expectations

2000-08-03 Thread Jim Devine
I wrote: Nonetheless, it's best to make criticisms with _content_. Justin writes: When it's worth doing. It's information to know that someone's viewsare not worth paying attention to. What the guy do, refuse to pay an IOU he had to you? did he cut you off in traffic? I make a

Re: Re: Re: Re: Concentration of Capital

2000-08-03 Thread Doug Henwood
Paul Phillips wrote: Doug, when is it due out? End of the year. I haven't quite finished it... Doug

Re: rational expectations

2000-08-03 Thread Lisa Ian Murray
Jim D. wrote: "who is it that determines who a "real authority" is? Is there a World Congress of Philosophers who makes this decision?" = Roger Coase floated the idea that there should be a few years back...very scary. Ian

Re: Re: Re: contentville

2000-08-03 Thread Max Sawicky
. . . I am with Jim on this one. My entire roralties from writing academic and political articles amount to less than $100 in 20 years. I would be happy if someone read and used the stuff. I did make several hardcover copies of my dissertation (one for the U, one each for mt parents and

Re: Re: Re: Re: contentville

2000-08-03 Thread Doug Henwood
Max Sawicky wrote: Bastids. selling my diss for money. Outrageous. Wow. And just $29.95! The Laffer effect? How kinky of you, Max. ON THE FISCAL BEHAVIOR OF STATE GOVERNMENTS by max ben sawicky Degree : PHD School : UNIVERSITY OF MARYLAND COLLEGE PARK (0117) Date : 1991 Pages : 237

[Fwd: [L-I] Moderator remark on terminology]

2000-08-03 Thread Carrol Cox
Original Message Subject: [L-I] Moderator remark on terminology Date: Thu, 03 Aug 2000 15:10:31 +0200 From: Johannes Schneider [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Comrades, as a member of the moderation team I would ask all comrades to be make

Re: Re: Question about greenhouse gases

2000-08-03 Thread Louis Proyect
No, there will be more credits for companies that chop down trees, because that makes room for planting trees. Before long we'll have more than covered the Kyoto targets and will sell credits to other countries, like Australia. Gene I think there's something extremely fucked up by this

The Internet Anti-Fascist: Friday, 28 July 2000 -- 4:61 (#446)

2000-08-03 Thread Paul Kneisel
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Re: Rational expectations

2000-08-03 Thread Timework Web
Ian Murray wrote, Jim D. wrote: "who is it that determines who a "real authority" is? Is there a World Congress of Philosophers who makes this decision?" = Roger Coase floated the idea that there should be a few years back...very scary. In effect there is a "WCP" with the authority

Re: Re: Rational expectations

2000-08-03 Thread Michael Perelman
The study of economics began with Alfred Marshall. Marshall was upset that untrained people could comments on political economy, so he took a little-known term, economics, and formalized the training of future economists at Cambridge. Today, the World Conference of Economists ostracizes anybody

Re: Re: Re: Rational expectations

2000-08-03 Thread Doug Henwood
Michael Perelman wrote: When is the last time that a leftist economist has been hired at a major university economics department? When I was in Frankfurt in June, I talked a bit with a left German economist, who told me the local profession was being totally Americanized, in both content and

Re: Re: Re: Re: Rational expectations

2000-08-03 Thread Michael Perelman
Japan grew very fast in the postwar period because its previous economists were mostly excluded because of their fascist past, leading to a void that Marxist trained economists filled. Eventually, Japan started hiring mostly orthodox economists and their economy slowed down. During the

RE: Rational expectations

2000-08-03 Thread Adam . Stokes
Do people see the commercialisation of universities in order to obtain basic funding and research $$ as a threat to the independence of staff appointments? You would expect that backers would favour appointment of persons who have a free-market orientation. -Original Message- From: Doug

Re: Re: rational expectations

2000-08-03 Thread JKSCHW
In a message dated 8/3/00 6:18:18 PM Eastern Daylight Time, [EMAIL PROTECTED] writes: Right, so I read his damn book. Several of them. I thought about them, more than they deserved, and concluded he was an idiot. why didn't you say so from the beginning, rather than coming off as a flip

Re: RE: Rational expectations

2000-08-03 Thread michael
That is a major theme in my book on intellectual property. Do people see the commercialisation of universities in order to obtain basic funding and research $$ as a threat to the independence of staff appointments? You would expect that backers would favour appointment of persons who have

Re: Re: rational expectations

2000-08-03 Thread JKSCHW
In a message dated 8/3/00 7:22:35 PM Eastern Daylight Time, [EMAIL PROTECTED] writes: Jim D. wrote: "who is it that determines who a "real authority" is? Is there a World Congress of Philosophers who makes this decision?" * * * A very interesting question. Steve Shapin has explored this

RE: Re: RE: Rational expectations

2000-08-03 Thread Adam . Stokes
What's the title Michael? -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] Sent: None To: [EMAIL PROTECTED] Subject: [PEN-L:250] Re: RE: Rational expectations That is a major theme in my book on intellectual property. Do people see the commercialisation of

Re: RE: Re: RE: Rational expectations

2000-08-03 Thread michael
It is about 95% complete. The working title is Intellectual Property Amidst Poverty. What's the title Michael? -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] Sent: None To: [EMAIL PROTECTED] Subject: [PEN-L:250] Re: RE: Rational expectations That is

RE: Re: RE: Re: RE: Rational expectations

2000-08-03 Thread Adam . Stokes
95% completeonly 95% to go;) -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] Sent: None To: [EMAIL PROTECTED] Subject: [PEN-L:253] Re: RE: Re: RE: Rational expectations It is about 95% complete. The working title is Intellectual Property Amidst Poverty.

Re: [Fwd: [L-I] Moderator remark on terminology]

2000-08-03 Thread Jim Devine
Johannes Schneider wrote: Generally, if you want to say someone is an idiot. Its better to explain why he or she is so, so that everyone can see it, without saying so. exactly! Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine

HONG KONG: Socialists run in elections

2000-08-03 Thread Michael Hoover
This article appears in the latest issue of Green Left Weekly (http://www.greenleft.org.au): HONG KONG: Socialists run in elections BY JIM McILROY HONG KONG -- "Our election campaign is based on a transitional program aimed at gaining the attention of the working masses of Hong Kong",

Re: Re: rational expectations

2000-08-03 Thread Doug Henwood
Charles Brown wrote: It is an a posteriori truth that we are correct about more things than our critics are. Why aren't there more of "us" then? Doug

RE: Concentration of Capital

2000-08-03 Thread Eric Nilsson
Jim wrote, The last time I looked at the industrial organization literature, there was a consensus that such aggregate measures don't mean much in terms of monopoly power issues. It's better to look at industry data and even then, the role of international competition mustn't be

Re: more on energy deregulation

2000-08-03 Thread Jim Devine
Thursday, August 3, 2000 / Los Angeles TIMES. By Luck or Skill, DWP Gets the Last Laugh Energy: Utility's decision to eschew deregulation plan pays off as the rest of the state faces power shortages. By DOUGLAS P. SHUIT and JOE MOZINGO, Times Staff Writers With much of California facing the

Re: Re: Re: rational expectations

2000-08-03 Thread Carrol Cox
Doug Henwood wrote: Charles Brown wrote: It is an a posteriori truth that we are correct about more things than our critics are. Why aren't there more of "us" then? Is it all the left's fault that a majority of Americans believe in god, creationism, and astrology? It is becoming more

Re: Re: rational expectations

2000-08-03 Thread JKSCHW
Can't we just disagree without your reading me out of the club? I think many of your views are abhorrent and represent no socialism I would ever want anything to do with, but I don't deny that they represent a current of left thinking. You think that market socialism is a contradiction in