Re: P.K. O'Brien on why Britain industrialized long before France

2000-11-02 Thread Ricardo Duchesne
Last post I ended with a series of questions, one of which was: which class headed the "first wave of enclosures" between 1450- 1525 (leaving aside for now the observation that a sizable % was already "enclosed" before that wave). I should clarify right now that an "enclosed" field need not

Re: P.K. O'Brien on why Britain industrialized long before France

2000-11-02 Thread Ricardo Duchesne
P.K. O'Brien, then, thinks that the overall message of the existing literature is that English lords enjoyed greater extra-economic powers than their couterparts in France. While he acknowledges recent studies which indicate that royal courts did succeed in protecting the customary rights

BLS Daily Report

2000-11-02 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, NOVEMBER 1, 2000 RELEASED TODAY: In September, 202 metropolitan areas reported unemployment rates below the U.S. average (3.8 percent, not seasonally adjusted), while 119 areas registered higher rates. Twenty-six metropolitan areas had rates below 2.0 percent, with

The Subject is Capital

2000-11-02 Thread Timework Web
Two great quotes from Time, Labor and Social Domination (p. 80). I would be more than happy to discuss, if anyone else is interested: ". . . those positions that assert the existence of a totality only to affirm it, on the one hand, and those that recognize that the realization of a social

Laws of Motion: Do they exist for non-capitalist MPs?

2000-11-02 Thread Carrol Cox
This query is based on an argument advanced some years ago by Sweezy and Magdoff. I can't remember the exact source, but I believe it was an MR Review of the Month. They were speaking specifically of socialist society, and argued that one of the mistakes of Soviet theorists was to assume that

Progressive Information Aggregation Institutions?

2000-11-02 Thread Robin Hanson
Hello all. I'm an open-minded economist who mostly hangs around libertarian-leaning economists, but who is interested in engaging economists who lean far in other directions. :-) I have been lurking on this list for two months now, and now want to politely ask one question. What do

Car sales

2000-11-02 Thread Eugene Coyle
Today's papers carry the news that car sales are weakening. I'm not surprised. Careful empirical observation has shown that the average age of the car on the road in Northern California is about 45 days. The check cashing place on my corner -- where you can get an advance on next week's

The Internet Anti-Fascist: Tuesday, 31 Oct 2000 -- 4:88 (#483)

2000-11-02 Thread Paul Kneisel
__ The Internet Anti-Fascist: Tuesday, 31 October 2000 Vol. 4, Number 88 (#483) __ Action Alerts: via Czech

Re: Progressive Information Aggregation Institutions?

2000-11-02 Thread Jim Devine
What do progressive economists think of how well speculative markets aggregate information, relative to feasible alternatives? have you read Doug Henwood's book, WALL STREET? It's a good place to start (and it's well written). One might reasonably complain that stock and other financial

Re: Laws of Motion: Do they exist for non-capitalist MPs?

2000-11-02 Thread Jim Devine
I'm not sure where this topic came from. From LBO-talk? This query is based on an argument advanced some years ago by Sweezy and Magdoff [Huberman?]. I can't remember the exact source, but I believe it was an MR Review of the Month. They were speaking specifically of socialist society, and

Re: Re: Laws of Motion: Do they exist for non-capitalist MPs?

2000-11-02 Thread Carrol Cox
Jim Devine wrote: I'm not sure where this topic came from. From LBO-talk? No -- just off the top of my head. I was getting tired of the election. Carrol

Re: Nader Paradox and the odds

2000-11-02 Thread J. Barkley Rosser, Jr.
Of course, he actually ran for president back in 1948 on the Dixiecrat ticket. Even took a few states. Also holds the record for the longest filibuster, over 24 straight hours in 1957 against an early civil rights bill. A real man of principle, although I understand that bladder strain

Re: Re: Nader Paradox and the odds

2000-11-02 Thread Jim Devine
At 10:48 AM 11/2/00 -0500, you wrote: Of course with these probabilities, Nader and even Buchanan and McReynolds and Browne and Magelin should be discussed. hey, it's Hagelin! let's give the meditators their due... BTW, I've noticed a lot of more stuff on US National Public Radio about

FW: Progressive Information Aggregation Institutions?

2000-11-02 Thread Max Sawicky
. . . Or do most progressive economists grant that, whatever their other failings, such betting markets do reasonably well in terms of producing accurate timely estimates, at least if we set aside long-term aggregate price movements? Robin Hanson I'd say you are glossing over the most

RE: Car sales

2000-11-02 Thread Max Sawicky
Third quarter growth was 2.7%, in contrast to 5.6 in the second quarter. The Fed's rate hikes may finally be having their effect. We're sinking to the "correct" rate of economic growth, lest further episodes of incorrectly excessive growth lend further ammunition to those who would discount the

political question

2000-11-02 Thread Michael Perelman
Is it too late to have Mel Carnahan run instead of Gore? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]

Re: Laws of Motion: Do they exist for non-capitalist MPs?

2000-11-02 Thread Lisa Ian Murray
JDThis equates "laws of motion" with the unforeseen consequences of the "invisible hand" of the market. I don't see why other systems might have unforeseen consequences of purposeful action, though of course, they'd be different. For example, Kornai argues that USSR-style top-down planning

Re: Laws of Motion: Do they exist for non-capitalist MPs?

2000-11-02 Thread Yoshie Furuhashi
This query is based on an argument advanced some years ago by Sweezy and Magdoff. I can't remember the exact source, but I believe it was an MR Review of the Month. They were speaking specifically of socialist society, and argued that one of the mistakes of Soviet theorists was to assume that

Re: Progressive Information Aggregation Institutions?

2000-11-02 Thread Timework Web
Hi Robin, What do progressive economists think of how well speculative markets aggregate information, relative to feasible alternatives? I would suggest looking at speculative market reactions to downsizing reports in the 1980s and 1990s. Job cuts were greeted by jumps in stock prices.

Re: The Subject is Capital

2000-11-02 Thread Carrol Cox
Timework Web wrote: Two great quotes from Time, Labor and Social Domination (p. 80). I would be more than happy to discuss, if anyone else is interested: Plunge ahead see what happens. Carrol

Re: Re: Progressive Information Aggregation Institutions?

2000-11-02 Thread Robin Hanson
I asked: What do progressive economists think of how well speculative markets aggregate information, relative to feasible alternatives? Jim Devine responded: have you read Doug Henwood's book, WALL STREET? ... Yes. Iowa Electronic Markets (http://www.biz.uiowa.edu/iem/) ... Does that market

Down in Flames :-) !!!

2000-11-02 Thread Lisa Ian Murray
all hail the Repugs Full article at http://www.iht.com/IHT/TODAY/FRI/FIN/tax.2.html Paris, Friday, November 3, 2000 U.S. Bill to Avoid Trade War Falters in Tax-Cut Battle By Steven Pearlstein Washington Post Service WASHINGTON - The bitter battle between President Bill Clinton and Congress

Re: Re: Laws of Motion: Do they exist for non-capitalist MPs?

2000-11-02 Thread Jim Devine
At 07:52 PM 11/02/2000 -0500, you wrote: Isn't the point of abolishing capitalism to create the world in which we aren't governed by the "law of motion"? Marx wrote: "This fact simply means that the object that labour produces, its product, stands opposed to it as something alien, as a power

Re: Re: Laws of Motion: Do they exist for non-capitalist MPs?

2000-11-02 Thread Jim Devine
Back when I was a freshman in econ. history class I asked "if it's invisible how can we tell if it's a hand?" E.K. Hunt argues that it's a foot. Can't we get past these metaphors. the only kind of theory that exists in social science is metaphorical (or rather involves a simile: the model

Re: Re: Re: Progressive Information Aggregation Institutions?

2000-11-02 Thread Jim Devine
At 09:57 PM 11/02/2000 -0500, you wrote: Let's say I want a probability estimate right now of the chance Bush will win. What specific library or conversation should I go to get get a better estimate than I could find at Iowa Electronic Markets? can't it be said that the chances are 100% that

Re: Car sales

2000-11-02 Thread Seth Sandronsky
Pen-l, As money banks close and food banks open, the annual interest rates on payday loans can reach triple-digits. Seth Sandronsky Today's papers carry the news that car sales are weakening. I'm not surprised. Careful empirical observation has shown that the average age of the car on the

job offer in beautiful Chico

2000-11-02 Thread Michael Perelman
Department of Economics California State University, Chico August 2001 The Position: The Department of Economics invites applications for a full-time tenure track position in environmental and natural

Re: Progressive Information Aggregation Institutions?

2000-11-02 Thread Michael Perelman
Robin, we have discussed your question quite a bit in the past. Polls are obviously flawed. The people who play the Iowa game are fairly well informed, so they can use information that goes beyond a simple poll. I don't think that markets do a particularly good job of managing

RE: Re: Re: Laws of Motion: Do they exist for non-capitalist MPs?

2000-11-02 Thread Lisa Ian Murray
JD the only kind of theory that exists in social science is metaphorical (or rather involves a simile: the model is like the phenomenon being investigated). All efforts to "merely describe" what's going on (empiricism) involves some sort of theory, often covert. So we're stuck... The hope

Re: Laws of Motion: Do they exist for non-capitalist MPs?

2000-11-02 Thread Timework Web
Carroll Cox wrote, This query is based on an argument advanced some years ago by Sweezy and Magdoff. I can't remember the exact source, but I believe it was an MR Review of the Month. They were speaking specifically of socialist society, and argued that one of the mistakes of Soviet theorists

Re: Progressive Information Aggregation Institutions?

2000-11-02 Thread Timework Web
Robin Hanson replied .. speculative market reactions to downsizing ...Subsequent analysis, .. found no significant relationship Bre-X ... buying into a swindle ... I'll accept these as specific examples of errors in market estimates. But the question is whether some other source has

China extension of electoral democracy

2000-11-02 Thread Chris Burford
These extracts from the FT are strongly influenced by their materialist? marxist?? opinion that the demands of a complex modern commodity market, require a change in the superstructure to bourgeois democratic norms. Is this true? Or only partly true? One of the crunch issues is whether it

China on globalisation and the Communist Manifesto

2000-11-02 Thread Chris Burford
In some ways the report below echoes opinions widely expressed two years ago by commentators in the west. However the report below suggests that it is now part of authoritative Chinese Communist thinking. Chris Burford London . Marx, Engels Predict Globalization in Communist Manifesto