Steady State Revolution

2000-08-04 Thread Brian Czech
This seems like the right time to introduce my new book, Shoveling Fuel For A Runaway Train: Errant Economists, Shameful Spenders, and a Plan to Stop Them All. The "New Economy" is a red herring swimming up Shit Creek, and posterity will despise us if we follow it far enough. I do not oppose

RE: Re: Re: Re: Re: contentville

2000-08-04 Thread Brown, Martin (NCI)
My thesis was 425 pages and it goes for the same price. A bargain! -Original Message- From: Doug Henwood [mailto:[EMAIL PROTECTED]] Sent: Thursday, August 03, 2000 8:00 PM To: [EMAIL PROTECTED] Subject: [PEN-L:239] Re: Re: Re: Re: contentville Max Sawicky wrote: Bastids. selling my

RE: RE: Rational expectations

2000-08-04 Thread Brown, Martin (NCI)
This is not restricted to economics. In the biological sciences, "science," has been redefined as meaning molecular biology (i.e., developing drugs and other agents for pharmaceutical and agribusiness companies). Field biologists and system's ecologists are not hired and those that remain are

Eating grass

2000-08-04 Thread Louis Proyect
One afternoon, a wealthy employer was riding in the back of his limousine when he saw two men eating grass by the road side. He ordered his driver to stop and he got out to investigate. "Why are you eating grass?" he asked one man. "We don't have any money for food," the poor man replied. "Oh,

rational expectations

2000-08-04 Thread Charles Brown
[EMAIL PROTECTED] 08/03/00 04:14PM 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? ___ The ruling class murders and ruins the upholders of these truths, so most don't join us except

Re: rational expectations

2000-08-04 Thread Charles Brown
[EMAIL PROTECTED] 08/03/00 07:18PM 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. _ CB: Whose that who

Rational expectations

2000-08-04 Thread Charles Brown
Lawyers are less centralized on a world level ( international law is still openly "might makes right"). There is a lot of centralization on the national level with the Supreme Courts and the like, but even there , money rules. There is some autonomy at the trial court level, though again

rational expectations

2000-08-04 Thread Charles Brown
[EMAIL PROTECTED] 08/03/00 11:17PM 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 question with respexct to early modern science in his

contentville

2000-08-04 Thread Charles Brown
[EMAIL PROTECTED] 08/03/00 10:40PM . . . 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

Re: Steady State Revolution

2000-08-04 Thread Timework Web
Brian Czech wrote, The "New Economy" is a red herring swimming up Shit Creek, and posterity will despise us if we follow it far enough. Brian attributes the rationale for unlimited economic growth to neoclassical economics and its notion of substitution. It seems to me that this fixation on

Re: Eating Grass +

2000-08-04 Thread Timework Web
I take the liberty of supplying a "happy ending": They all climbed into the car, which was no easy task, even for a car as large as the limo. Once underway, one of the poor fellows says, "Sir, you are too kind. Thank you for taking all of us with you." The businessman replied, "No problem, the

Re: rational expectations

2000-08-04 Thread JKSCHW
Yes, he did. He talks about how scientists (natural philosophers, as they said then) struggled with the idea that work with your hands, necessary to set up experiments, was not respectable for gentlemen, but the testimony of rude mechanics was not credible. --jks In a message dated Fri, 4 Aug

Re: Rational expectations

2000-08-04 Thread JKSCHW
In a message dated Fri, 4 Aug 2000 10:51:23 AM Eastern Daylight Time, "Charles Brown" [EMAIL PROTECTED] writes: Lawyers are less centralized on a world level ( international law is still openly "might makes right"). In fact, but not officially. As a matter of law, the UN Charter is part of

Re: Rational expectations

2000-08-04 Thread Yoshie Furuhashi
Michael Perelman wrote: 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

Rational expectations

2000-08-04 Thread Charles Brown
[EMAIL PROTECTED] 08/04/00 11:06AM In a message dated Fri, 4 Aug 2000 10:51:23 AM Eastern Daylight Time, "Charles Brown" [EMAIL PROTECTED] writes: Lawyers are less centralized on a world level ( international law is still openly "might makes right"). In fact, but not officially. As a

Re: rational expectations

2000-08-04 Thread Yoshie Furuhashi
Justin wrote: 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"

Keynesianism stagflation

2000-08-04 Thread Jim Devine
Yoshie wrote: When I went to college, in contrast, teachers in economics spent much time criticizing Keynesians from one neoclassical point of view or another. They said Keynesians couldn't come up with a viable solution to stagflation, which destroyed the authority of Keynes. hi, Yoshie.

Re: Re: rational expectations

2000-08-04 Thread Carrol Cox
Yoshie Furuhashi wrote: _If_ our critics are indeed right about something, yes, we should revise our views; if not, no. Let's use Hayek as an example, since we had threads on him recently. As our disagreements over Hayek have shown, it is _not_ that Marxist critics of Hayek think that

Re: Re: Re: rational expectations

2000-08-04 Thread JKSCHW
Carroll, you will persist in misunderstanding. There are errors and errors. I think that many people are wrong about many things--you, often, Charles, often, Yoshie, frequently. Among us, that just indicates disagreement. i think Hayek was wrong about private property, but I don't think he was

On error

2000-08-04 Thread Michael Perelman
I have just opened up Sen's book, Development as Freedom. He proposes one type of freedom, where people are given the opportunity through education, a good environment . Milton Friedman proposes another type of freedom. I disagree with Friedman, but I don't think that he makes an error.

RE: On error

2000-08-04 Thread Max Sawicky
I have just opened up Sen's book, Development as Freedom. He proposes one type of freedom, where people are given the opportunity through education, a good environment . Milton Friedman proposes another type of freedom. I disagree with Friedman, but I don't think that he makes an error.

Re: On error

2000-08-04 Thread Jim Devine
At 09:55 AM 8/4/00 -0700, you wrote: I have just opened up Sen's book, Development as Freedom. He proposes one type of freedom, where people are given the opportunity through education, a good environment . Milton Friedman proposes another type of freedom. this seems to correspond to the

Re: RE: On error

2000-08-04 Thread Michael Perelman
They said crook, because of his unscrupulous methods. Robert Leeson writes about this. Max Sawicky wrote: I have just opened up Sen's book, Development as Freedom. He proposes one type of freedom, where people are given the opportunity through education, a good environment . Milton

Re: rational expectations

2000-08-04 Thread Yoshie Furuhashi
Carroll, you will persist in misunderstanding. There are errors and errors. I think that many people are wrong about many things--you, often, Charles, often, Yoshie, frequently. Among us, that just indicates disagreement. i think Hayek was wrong about private property, but I don't think he

Re: Re: RE: On error

2000-08-04 Thread Jim Devine
At 10:28 AM 8/4/00 -0700, you wrote: They said crook, because of his unscrupulous methods. Robert Leeson writes about this. hey, pen-l wants to hear the dirt! (I know that the MF always uses biased econometric techniques, but is there more?) Jim Devine [EMAIL PROTECTED]

Brad on Krugman

2000-08-04 Thread Jim Devine
Since we haven't heard from Brad deLong on pen-l in a long time, here's a snippet from his web-site (http://www.j-bradford-delong.net/Econ_Articles/Reviews/krugman_accidental.h tml): Critics of Paul Krugman call him acerbic and boastful, unfair on the attack and unwilling to make

Re: Re: Re: RE: On error

2000-08-04 Thread Eugene Coyle
Hey, if biased econometric techniques resulted in name calling, there would be a long list of names. Dale Jorgenson comes to mind. Jim Devine wrote: At 10:28 AM 8/4/00 -0700, you wrote: They said crook, because of his unscrupulous methods. Robert Leeson writes about this. hey, pen-l

Re: Brad on Krugman

2000-08-04 Thread Eugene Coyle
Well, that tells us about both of them. Pathetic. Gene Coyle Jim Devine wrote: Since we haven't heard from Brad deLong on pen-l in a long time, here's a snippet from his web-site (http://www.j-bradford-delong.net/Econ_Articles/Reviews/krugman_accidental.h tml): Critics of Paul Krugman

RE: Brad on Krugman

2000-08-04 Thread Lisa Ian Murray
Is Brad deep undercover working for the Gore campaign on one of those thick-slick policy tomes that float in DC bookstores between now and Jan.? Since we haven't heard from Brad deLong on pen-l in a long time, here's a snippet from his web-site

RE: Brad on Krugman

2000-08-04 Thread Max Sawicky
Critics of Paul Krugman call him acerbic and boastful, unfair on the attack and unwilling to make concessions on thedefense, certain that he is correct, and always sure that thosewho disagree are mendacious or foolish (or both). And I cannot deny that these criticisms are accurate. But all

Re: RE: Brad on Krugman

2000-08-04 Thread Jim Devine
At 11:43 AM 8/4/00 -0700, you wrote: Is Brad deep undercover working for the Gore campaign on one of those thick-slick policy tomes that float in DC bookstores between now and Jan.? what do you think of Krugman as the CEA chair under President Gore, with Brad on board? BTW, Max, last time I

RE: RE: Brad on Krugman

2000-08-04 Thread Max Sawicky
I doubt it. At this stage the campaigns are not into policy-think. They're too busy looking for rocks to throw at each other. Whoever wins will start soliciting policy books from aspiring office-seekers. mbs -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On

On error

2000-08-04 Thread Charles Brown
[EMAIL PROTECTED] 08/04/00 04:29PM At 04:21 PM 8/4/00 -0400, you wrote: [EMAIL PROTECTED] 08/04/00 01:43PM (I know that the MF always uses biased econometric techniques, but is there more?) * CB: "the MF"... Ghetto Jim D. double entendre ? I've been using that double

Re: Re: Re: Re: RE: On error

2000-08-04 Thread michael
I took my introductory grad course from Jorgenson. He prided himself on writing down equations then erasing them before slow writers like myself could copy down anything. He was the most smug teacher I ever encountered. Oh, speaking of error, how much did Feldstein's famous social security

Re: On error

2000-08-04 Thread Jim Devine
CB: Probably the reason I noticed it is that I AM ghetto. I speak middle-class for non-ghettoers. I'm bi-social. this reminds me very little of the time that radio personality Michael Feldman was interviewing NPR news-reader Scott Simon, who admitted to liking both the Chicago White Sox and

Re: Re: Brad on Krugman

2000-08-04 Thread Michael Perelman
Brad is not altogether wrong. Both are clever, get access to the media, try to be provocative without being radical. Eugene Coyle wrote: Well, that tells us about both of them. Pathetic. Gene Coyle Jim Devine wrote: Since we haven't heard from Brad deLong on pen-l in a long time,

Re: Re: Re: RE: On error

2000-08-04 Thread Michael Perelman
I cannot find the reference right now. I wrote to Leeson asking for another copy. I recall that it had to do with his willingness to do anything to "win," regardless of how he stretched the truth. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel.

Re: Re: Re: Re: Brad on Krugman

2000-08-04 Thread michael
Brad was comparing Krugman and Keynes. I was agreeing with him about the similarities. At 02:10 PM 8/4/00 -0700, you wrote: Brad is not altogether wrong. Both are clever, get access to the media, try to be provocative without being radical. both Krugman and Keynes -- or both Krugman

now you know

2000-08-04 Thread michael
NPR reports that civil libertarians give the Philly cops high marks. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]

RE: Brad on Krugman

2000-08-04 Thread Diane Monaco
Brad DeLong wrote: Critics of Paul Krugman call him acerbic and boastful, unfair on the attack and unwilling to make concessions on thedefense, certain that he is correct, and always sure that thosewho disagree are mendacious or foolish (or both). And I cannot deny that these criticisms are

RE: Brad on Krugman

2000-08-04 Thread enilsson
RE Paul Krugman has made original and very important contributions to the new trade theory,... Krugman merely contributed to the construction of _mathematical models_ for what has long been known by non-mainstream economists, historicans, industrial policy advocates, and policy-makers in

Re: Re: now you know

2000-08-04 Thread michael
The quoted someone from the ACLU. On Fri, 4 Aug 100 [EMAIL PROTECTED] wrote: NPR reports that civil libertarians give the Philly cops high marks. Which "civil libertarians" ? -- Joseph Noonan Houston, TX [EMAIL PROTECTED] -- Michael Perelman Economics

Re: RE: Brad on Krugman

2000-08-04 Thread michael
Barkely Rosser has written here before about Krugman's habit of taking other people's ideas without attribution. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]