Anti-Semite Patrol
A graffiti incident in Chico, Calif., confirms our worst fears about rural
America. Or was it just some kid's prank?
- - - - - - - - - - - -
By Anthony York
Aug. 31, 2000 | CHICO, Calif. -- North of Sacramento, Calif., the state
highway shoots through a series of small towns,
on the subject of economic indicators, can someone cite sources for their
theoretical justification? my old stat books give theory for justifying
interpolating data via correlations, but not extrapolating data via
correlations, i.e., forecasting.
thanks for your help.
norm
-Original
Michael Perelman
Is this really a case of an economist learning and changing his mind?
If so, it would be a remarkable event.
Remarkable but not the first time it's happened. J.S. Mill changed his
mind about the wages-fund doctrine.
Temps Walker
Sandwichman and Deconsultant
Mill also changed his mind about capitalism, and endede life as what we would call a
market socialist. --jks
In a message dated Thu, 31 Aug 2000 10:20:18 AM Eastern Daylight Time, Timework Web
[EMAIL PROTECTED] writes:
Michael Perelman
Is this really a case of an economist learning and
So it happens once every 150 years. I am disregarding the overly common
experience of lefists who become conservative, mostly in line with their
self-interest.
Michael Perelman
Is this really a case of an economist learning and changing his mind?
If so, it would be a remarkable event.
I would guess bananas and GM foods, not Echelon.
Michael, yes those cases pissed the EU off, but the "fines" only come to
191million$$ or so a year. Attacking the US FSC' laws was a massive
escalation of rivalry, around 3billion$$ a year. I'm no conspiracy theorist
but something tells me
The Chico article is fairly accurate as far as it goes. Chico is in the middle
of Butte County, which is one of the poorest and probably the most conservative
in all of California. The hills around Oroville are filled with meth labs and
descendants of poor Southerners, who came to the area to
At 07:08 PM 8/30/00 -1000, you wrote:
What is fascinating to me about the case of China is both the extent of
conflicts betweeen workers and managers/ministries over the terms of SOE
reorganization and the almost complete lack of any active reaction on the
part of the left faction of the CCP.
In CAPITAL, Marx noted the capitalist tendency toward mechanization but --
then pointed out that it cheapens labor-power, which in turn counteracts
the capitalist incentive to mechanize.
At 10:37 PM 8/30/00 -0700, you wrote:
"Rather it is the machine which possesses skill and strength in place
At 08:42 AM 8/31/00 -0400, you wrote:
Ben Wirtschafter, a Democratic candidate for the state Assembly who is
Jewish, says he has been dismissed out of hand by some voters simply
because of his faith, including just a few weeks earlier, at a local fair.
"I was handing out literature. They
At 10:25 AM 8/31/00 -0400, you wrote:
Mill also changed his mind about capitalism, and endede life as what we
would call a market socialist. --jks
I'd say instead that John Stuart Mill became more of a New Deal liberal
(reform capitalism to save it) type, long before such attitudes were
At 07:45 AM 8/31/00 -0700, [EMAIL PROTECTED] wrote:
So it happens once every 150 years. I am disregarding the overly common
experience of lefists who become conservative, mostly in line with their
self-interest.
Daniel Fusfeld, Leonard Rapping, Paul Zarembka, and John Gurley seem to be
cases
Robert Leeson's article on Johnson will appear in the Winter 2000 issue
of History of Political Economy
Johnson wrote to Patinkin (29 September 1969): Ive just read your JMC
hatchet job on Milton. I recall our talk about it in 63 on the plane
from Pittsburgh ... You have shown him to be a
Fusfeld was always a leftie, long before the war. When he retired, he
recommended me as his replacement. Michigan gave me a perfunctory
interview in which they expressed extreme disinterest long before I
entered the room.
Gurley is a Quaker. His revulsion with the war was crucial.
Paul Z.
I think that Mill was not much of a lefty at all. I know Justin will
disagree with me. You can find similar "leftish" sentiments on Marshall.
Most of the British political economists, from Smith on, expressed a wish
that the working class would become bourgeois -- with the appropriate mix
of
neil wrote:
Along with the usual class collaborationist and nationalist crusades the
AFL-CIO promotes , this "virtual labor day" is no real surprise
yawn
See also Alex Molnar's book on commerce in
elementary and secondary public schools.
He's got a 'Center' at U of Wisc/Milwaukee
w/ a web site.
mbs
I have almost an entire chapter in my book ms., Intellectual Property Amidst
Poverty, dealing with the campus takeover.
--
Michael Perelman
The Jello Biafra song on the web site is disappointing.
Haven't listened to the rest yet, but there are some
good groups. EPI's in there too, singin' "Baby don't
lose that number."
mbs
neil wrote:
Along with the usual class collaborationist and nationalist crusades the
AFL-CIO promotes ,
As far as I know the ILWU hasn't endorsed yet. Brian McWilliams, now
ex-president, just lost a bid for re-election. The union might turn its
focus more toward money than politics now that he is out.
McWilliams was at the founding convention of the Labor Party. At the same
time, the ILWU has
Max,
If you hear any juicy gossip on multilateral governance issues blah blah can
you ill us in?
Ian
Max Sawicky wrote,
Haven't listened to the rest yet, but there are some
good groups. EPI's in there too, singin' "Baby don't
lose that number."
Wasn't it "Ricky, don't lose that number"?
Temps Walker
Sandwichman and Deconsultant
Brad,
Which JEP article was that, please? Dave C. has
bloviated on AS/AD so many times and in so many
places that I am beginning to lose track. Also, others
might want to check his article out, even if AS/AD is
a non-issue
Barkley Rosser
-Original Message-
From: Brad DeLong
J.,
How about giving us a shorter question to answer,
please?
Barkley Rosser
-Original Message-
From: Doug Henwood [EMAIL PROTECTED]
To: [EMAIL PROTECTED] [EMAIL PROTECTED]
Date: Wednesday, August 30, 2000 3:11 PM
Subject: [PEN-L:988] Re: Re: Re: Capital Markets
[EMAIL PROTECTED]
Michael,
What you find in Chapter 21, Section IV of
the General Theory is indeed the AS/AD that
one finds in the textbooks, especially on pp. 300-303.
It is true that in this discussion he does not use
the terms "aggregate supply" and "aggregate demand"
which he does elsewhere in a
Peter,
Something like that, although I've seen 1.8 as well.
The multiplier is very obvious in urban econ because in
the real world much of the first round of a multiplier
expansion from a particular real capital investment or
increase in government spending occurs in the locality
where that
Jim,
The term "gypsy" has long been used in such
a broader context. Hippies were sometimes called
that. And, of course, Matthew Arnold characterized
himself in a romantic mode as the "Scholar-Gipsy."
Barkley Rosser
-Original Message-
From: Jim Devine [EMAIL PROTECTED]
To: [EMAIL
One more point. If I remember correctly
although McKenna may have introduced AS/AD
back in 1955, only to have it not take, when it took
was after it was introduced by Baumol and Blinder
in the late 1970s, although I think Branson might
have beaten them to the punch then. Anyway, just
to
Jim,
Not bad. Pretty close to what I do.
Next time I go out with you and Peter
Dorman and Max Sawicky, I shall call us all by
code names beginning with H. You'll be "Holy
Father," Peter will be "Hoffman," Max will be
"Hoffa," and I'll be "Horse Thief," :-).
Barkley Rosser
Because AD does not exist in Keynes in the same form.
Michael,
What you find in Chapter 21, Section IV of
the General Theory is indeed the AS/AD that
one finds in the textbooks, especially on pp. 300-303.
It is true that in this discussion he does not use
the terms "aggregate
Hi Jim,
Good question. Actually, I sent this off to Li Minqi, a Marxist who has
published in Monthly Review who was originally involved in the Tiananmen
Square activities and later broke with the liberal ideology that student
leaders embraced during those protests. He spent time in jail because
First Novartis goes GM-free, then Monsanto gives away patented info, and now
McDonald's goes for animal rights if not for unions.
Cheers, Ken Hanly
Wednesday August 23 6:42 PM ET
McDonald's to Farmers: 'Be Kind to Hens'
By Meera Somasundaram
CHICAGO (Reuters) - McDonald's Corp. (NYSE:MCD -
"whenever it ceases to be true that mankind, as a rule, prefer themselves to
others, and those nearest to them to those more remote, from that moment
Communism is not only practicable, but the only defensible form of society;
and will, when that time arrives, be assuredly carried into effect.
"In proportion as success in life is seen or believed to be the fruit of
fatality or accident, and not of exertion, in that same ratio does envy
develop itself as a point of national character. The most envious of all
mankind are the Orientals. In Oriental moralists, in Oriental tales, the
Louis Proyect wrote:
"In proportion as success in life is seen or believed to be the fruit of
fatality or accident, and not of exertion, in that same ratio does envy
develop itself as a point of national character. The most envious of all
mankind are the Orientals. In Oriental moralists, in
Read the section On the Probable Futurity of the Laboring Classes in Part IV of a
later edition of Principlesof Political Economy. He clearly expects the end of the
wage relationship, thinks workers won't stand for it any more. --jks
In a message dated Thu, 31 Aug 2000 11:31:04 AM Eastern
Butthe author on On Liberty hated the "bourgeois" mentality and culture of his day,
which he found to be exceedingly oppressive. Mill was not a revolutionary socialist,
quite unambiguously not. But he did think that if the progressof humankind continued,
workers would cease to be willing to
Right, Mill distinguished between communism, roughly a planned, nonmarket society, and
"association," as I think he calledit, roughly market socialism. He thought the latter
likely as well as possible and desirable. --jks
In a message dated Thu, 31 Aug 2000 2:30:10 PM Eastern Daylight Time,
OK, so Mill had some reprehensible ideas. He also worshipped "genius," despised the
common herd (but thought it susceptible of improvement), thought the educated should
get more votes, and so forth. And so? --jks
In a message dated Thu, 31 Aug 2000 2:36:46 PM Eastern Daylight Time, Louis
At 03:21 PM 8/31/00 EDT, you wrote:
OK, so Mill had some reprehensible ideas. He also worshipped "genius,"
despised the common herd (but thought it susceptible of improvement),
thought the educated should get more votes, and so forth. And so? --jks
Communism is about democracy, political as well
Justin wrote:
Read the section On the Probable Futurity of the Laboring Classes in Part IV
of a later edition of Principlesof Political Economy. He clearly expects the
end of the wage relationship, thinks workers won't stand for it any more.
--jks
This is available on-line at:
Justin wrote:
Read the section On the Probable Futurity of the Laboring Classes in
Part IV
of a later edition of Principlesof Political Economy. He clearly expects
the
end of the wage relationship, thinks workers won't stand for it any more.
--jks
This is available on-line at:
[was: Re: [PEN-L:1051] Re: Re: Factory Closings in China Arouse Workers' Fury ]
At 08:24 AM 8/31/00 -1000, you wrote:
Now he is finishing a PhD at Amherst's economics
dept (I can hear the anti-pomo warriers now, "ah hah, he's an amherst
pomo!!!"--not at all actually).
there are lots of
Jim Devine wrote:
there are lots of non-pomotistas at Amherst, e.g., Bowles Crotty.
What's a pomotista? Are there some characteristic markings? Are they
armed and dangerous?
Doug
I said:
there are lots of non-pomotistas at Amherst, e.g., Bowles Crotty.
Doug writes:
What's a pomotista? Are there some characteristic markings? Are they armed
and dangerous?
In the context of Amherst, a pomotista is a Wolf/Resnick
postmodernist-Marxist (or Marxist-postmodernist). As I
from SLATE:
The NY [Times] passes along an interesting question put to the IRS last
year and an even more amazing answer. The question: "My child has been
kidnapped. Can I still take [him [or her] as] a deduction on my income tax
return?" The agency's reply: "Only for the year in which the
Jim Devine wrote:
there are lots of non-pomotistas at Amherst, e.g., Bowles Crotty.
What's a pomotista? Are there some characteristic markings? Are they
armed and dangerous?Doug
They write papers you will never read about
books you have never read.
They lead you from enslavement to
Been meaning to ask this for a while:
New Zealand has been running a current account deficit for 27 years. It is now
at about 8% of GDP. Sounds dangerous to me, but Treasury and other orthodox
economists here (following Friedman) say no need to worry with a floating
dollar.
Should we worry?
Works for me. mbs
Jim,
Not bad. Pretty close to what I do.
Next time I go out with you and Peter
Dorman and Max Sawicky, I shall call us all by
code names beginning with H. You'll be "Holy
Father," Peter will be "Hoffman," Max will be
"Hoffa," and I'll be "Horse Thief," :-).
Someone (Rob Schapp?) asked about the leading economic indicators' fall and
whether or not they indicated a possibility of a US recession in the near
future. I'm no fan of such indicators, since they seem to indicate more
possible recessions than actually happen.
One of the better ones is the
The good news is that the kidnappers can then get the deduction.
from SLATE:
The NY [Times] passes along an interesting question put to the IRS last
year and an even more amazing answer. The question: "My child has been
kidnapped. Can I still take [him [or her] as] a deduction on my
Jim wrote
In the context of Amherst, a pomotista is a Wolf/Resnick
postmodernist-Marxist (or Marxist-postmodernist). As I understand their
view, it is that (1) there's no way to decide between neoclassical and
Marxist theory except via moral commitment (leaning toward epistemological
nihilism)
I would note that Joan Robinson became more
leftist over time.
Barkley Rosser
-Original Message-
From: [EMAIL PROTECTED] [EMAIL PROTECTED]
To: [EMAIL PROTECTED] [EMAIL PROTECTED]
Date: Thursday, August 31, 2000 1:04 PM
Subject: [PEN-L:1021] Re: Re: David Neumark
So it happens once
michael,
OK, I grant that on pp. 300-303 of the GT, Keynes
does not describe an AD curve in P-Q space, although
he clearly describes an AS, curve, without calling it that.
So, perhaps a downward-sloping AD curve in P-Q
space is "non-Keynesian" in that sense. But, why is it
Jim Devine wrote:
At 09:04 AM 9/1/00 +1200, you wrote:
Been meaning to ask this for a while:
New Zealand has been running a current account deficit for 27 years. It is now
at about 8% of GDP. Sounds dangerous to me, but Treasury and other orthodox
economists here (following Friedman)
It is anti-keynesian in the sense that it suggests that appropriate prices
can guide an economy. It is anti-k. because it ignores the role of
expectations. It is anti-k. because it is used to suggest that
intervention in the economy cannot do much good.
michael,
OK, I grant that on
I spent an afternoon with her when she was in her Maoist phase and I was
ready to drop out of Berkeley.
I am not sure if I would have continued with grad school otherwise.
I will never forget her wonderful put down of Dale Jorgenson. He tried to
ask a question in a snotty way. She
I should add a word about the real David Neumark, since I knew him slightly
at Michigan State. He is the #1 labor economist in the econ department
there, which means he is crucial to personnel decisions, research
applications, etc. in that field (at that school). He is fairly typical of
"star"
Another economist who moved left, at least
for awhile, is Duncan Foley. His story is recounted
in a recent volume put out by Edward Elgar. It has
elements of Gurley in that he is a Quaker and revulsion
against the war in Vietnam was a big factor.
He came out of Yale with a Ph.D.
Jim Devine wrote:
it's important to have sense of priority (e.g., that capitalism is
more important than the Rotarian International).
I should mention that many of these pomotistas continue to be
politically engaged in good left-wing causes.
Yeah, Rick Wolff ran for city council in New Haven
Jim Devine wrote:
One of the better ones is the shape of the Treasury yield curve:
usually, if short-term interest rates are higher than long-run ones
(when the yield curve is "inverted"), it's a sign of recession in
the future. Current tight monetary policy drives up short rates,
while long
At 09:33 AM 9/1/00 +1000, you wrote:
You guys across the Pacific are starting to worry me. Haven't you heard of
moderation and intertemporal considerations? How much longer can the binge
continue, given the huge trade deficit? When can we expect a stock market
correction? (OK if you knew you
Peter Dorman wrote:
When I left he was just completing work on discrimination and productivity.
His "contribution" was to use "white male labor", "black female labor", etc.
as separate inputs into aggregate production function analysis, determine
the productivity ratios between the groups, and
michael,
I get the message that most (if not all) are
losing interest in this, so this will be my last on
this. But.
Not clear to me why AS/AD implies some
focus on prices as a policy variable, other than
that they are in there. Maybe there is more of a
tilt there. Keynesians
Peter Dorman wrote:
I should add a word about the real David Neumark, since I knew him slightly
at Michigan State. He is the #1 labor economist in the econ department
there, which means he is crucial to personnel decisions, research
applications, etc. in that field (at that school). He
Q = f([white male labor input], [black male labor input], [white female labor
input], [black female labor input], [other labor input, I assume], capital input)
Assume Q = [input 1] ^B1 x [input 2] ^B2 x ... x [input n] ^Bn is the form for n
inputs, and use translog methods to estimate the B's.
because prices are on the vertical axis.
michael,
I get the message that most (if not all) are
losing interest in this, so this will be my last on
this. But.
Not clear to me why AS/AD implies some
focus on prices as a policy variable, other than
that they are in there.
At 03:38 PM 8/31/00 -0700, you wrote:
Honestly, if David Neumark has changed his views on the minimum wage, it
really would be no big deal. He is ready to embrace any result produced by
the right theory, the right data set, and the right methods, given what
"right" means in this context.
If DN made inferences about black/white marginal productivity from a
specification like this, I'm not sure I want him on my side.
mbs
Q = f([white male labor input], [black male labor input], [white female
labor
input], [black female labor input], [other labor input, I assume], capital
input)
Don't worry, I don't think he is...
Max Sawicky wrote:
If DN made inferences about black/white marginal productivity from a
specification like this, I'm not sure I want him on my side.
mbs
Q = f([white male labor input], [black male labor input], [white female
labor
input], [black
En relación a [PEN-L:1093] Airline crashes and electromagnetic ,
el 31 Aug 00, a las 19:55, Louis Proyect dijo:
Such military warning zones are, of course, often unused by the
military, and during such unused periods can be entered by civilian
flights. But the record of scheduled military
The co-operatiives that Mill has in mind seem to be worker-owned producer
co-operatives primarily, not retail co-ops. Perhaps Ted or someone knows his
position on credit unions but I imagine he would approve of them as well.
Mill imagines a mixture of worker-owned co-ops in competition with
The question came up a while ago on this list as to who gave Queen Victoria
the evil weed. An article in today's USA Today states that it was one Sir
John Russell Reynold.
Full article at http://usatoday.com/life/health/doctor/lhdoc000.htm
Ian
full article http://www.iht.com/IHT/TODAY/FRI/FIN/chifund.2.html
Paris, Friday, September 1, 2000
China Plans to Introduce Western-Style Mutual Funds
Bloomberg News
HONG KONG - China will try to spur its mutual-fund industry as early as next
year by introducing pilot open-end funds, according
She wrote an earlier article on the subject of the TWA flight. Was there
any response/critique?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
I wonder if you could help me find a reference. I recall that Nike's
college contracts required that the campus community refrain from
criticizing the company. Is my memory faulty?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail
(Forwarded from Greg Elich)
CORPORATE CAMPUS TAKEOVER TREND JOLTED BY RADICAL BOOK
A review of "Campus, Inc.," edited by Geoffry D. White, Ph.D., with
Flannery C. Hauck, Amherst, New York, Prometheus Books, 2000.
by Geoff Berne
If Ted Kaczynski needs a room-mate I am ready to sign myself in
I have almost an entire chapter in my book ms., Intellectual Property Amidst
Poverty, dealing with the campus takeover.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
NY Times, Aug. 31, 2000
ECONOMIC SCENE
Despite Times of Prosperity, Many Feeling a Pinch
By JEFF MADRICK
Make no mistake about how good the last five years have been to Americans.
The usually cautious economists at the Economic Policy Institute point out
in their new issue of The State of
AUSCHWITZ NEAR SOFIA...
By Ivan Angelov, born 1943; International Relations Graduate (1969); Ph.D.
(1975); Associate Professor (1988)
That is the title of an article in the "ART" supplement of the "TRUD" daily
(August 19, p. 15). It informs about the works on a Hollywood movie ("The
Gray Zone",
In the latest New York of Books there's an article by Elaine Scarry titled
"Swissair 111, TWA 800, and Electromagnetic Interference". She does not
feel that it is only a coincidence that these two airplanes, which fell
from the skies after seemingly inexplicable catastrophic explosions,
departed
The New York Times, July 28, 2000, Friday, Late Edition - Final
Masada Disenhouse
PUBLIC LIVES; Firmly, Optimistically, in Nader Country
By JOYCE WADLER
THERE are no doubt many who are stunned to learn that Ralph Nader, our
famously austere presidential candidate, who has been on the
En relación a [PEN-L:1023] Airline crashes and electromagnetic ,
el 31 Aug 00, a las 11:20, Louis Proyect dijo:
Elaine Scarry
...
does not feel that it is only a coincidence that these two airplanes,
which fell from the skies after seemingly inexplicable catastrophic
explosions, departed
So?
Néstor Miguel Gorojovsky
TWA 800 and Swissair 111, then, share at least five features: (1) a grave
electrical accident, (2) a so far indecipherable cause, (3) a takeoff from
the same airport and a route across the same geography, (4) a takeoff on
the same minute of the day and day of the
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