Re: How to Understand the Poor

G'day everyone, Quoth Michael: > 83: "Many Tories took Mrs. [Harriet] Arbuthnot's line that if the> populace >behaved itself it could not be in want, and that if it > rioted it forfeited all >sympathy." Her mate Wellington had no such sympathy to begin with. Of course, in those days

Re: Re: NPR--The U.S. attack on Iraq

Absolutely. I tried to make an appeal about Pacifica to pen-l. It was one of a few messages that our system kept bouncing back over the last 2 weeks. On Fri, Feb 16, 2001 at 10:54:50PM -0500, Louis Proyect wrote: > Unless we stop the Pacifica board, this is the kind of news coverage we'll > be

Re: NPR--The U.S. attack on Iraq

Unless we stop the Pacifica board, this is the kind of news coverage we'll be getting from them as well. Check www.savepacifica.net for info on protests against the Pacifica board law firm in NYC this week. >Dear NPR News, > >The Pentagon press office will be delighted by your coverage on All Thi

NPR--The U.S. attack on Iraq

NPR = National Pentagon Radio To: WILPF <[EMAIL PROTECTED]> Subject: FW: NPR - The U.S. Attack on Iraq From: Ali Abunimah <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] Subject: NPR--The U.S. attack on Iraq February 16, 2001 Dear NPR News, The Pentagon press office will be delighted by your covera

Re: Bush war

>At 01:51 PM 2/16/01 -0600, you wrote: >>If what I just heard is correct, it hasn't taken Jr long to pick up >>where Daddy >>left off. I heard the US and GB have bombed Iraq for flying over the no-fly >>zone. > >Isn't Jr. picking up where Big Bill left off? > >Of course, every mushroom cloud has

Re: Re: Re: pardon me!

Why aren't the Weinberger diaries part of public documents? Gene Coyle Jim Devine wrote:   I wrote: > [...] he says the absolutely worst pardon in recent U.S. >history -- even worse that President Ford's pardon of Richard "Tricky Dick" >Nixon -- was the pardon by President Bush (the father) of hi

Canadian Royal Society Report on GM foods etc.

The full report of the Society can be found at http://www.plant.uoguelph.ca/safefood/ under new documents for Feb. 5. There are also several critiques in new documents for Feb. 7. All the background papers are available there as well. Hope this is of interest to some Pen-Lers. Cheers, Ke

RE: Re: Re: Re: Re: Re: new growth theory

> Barkley wrote: > > Basically they do a very careful review of past > >approaches to growth theory and show that many > >of the classical writers, starting with Adam Smith, > >had essentially fully developed models of growth > >that incorporate the essential ideas of "new > >endogenous gro

How to Understand the Poor

I just came across this: 83: "Many Tories took Mrs. [Harriet] Arbuthnot's line that if the populace behaved itself it could not be in want, and that if it rioted it forfeited all sympathy." -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E

Royal Society of Canada study on GM foods etc..article...

> >The Toronto Star > February 6, 2001 > >Genetically modified foods get a roasting > > By Thomas Walkom > > Score one for those of us who eat. A prestigious scientific panel >has confirmed what critics have argued all along: Genetically >engineered foods aren't necessarily safe. > Ottawa will fi

Re: RE: Re: new growth theory

> I'm sorry, I missed what TFP stood for? Total factor productivity. Is Arrow's A really TFP? > > As far as what prompted it, I would say the fact that before it came along, > neoclassical growth theory was dead dead dead!!! > What do you mean by this, though? Was it not able to predict the gr

RE: Re: new growth theory

I'm sorry, I missed what TFP stood for? As far as what prompted it, I would say the fact that before it came along, neoclassical growth theory was dead dead dead!!! See Beyond the Steady State edited by E. J. Nell, D. Laibman, and J. Halevi, Macmillan. -Original Message- From: [EMAIL P

RE: Re: RE: Re: Re: Re: new growth theory

Seriously, they have like ten papers on this topic from every angle. The one I have doesn't do any of the history, just mentions Smith and Young once, and then the bit on Arrow. I'd love to see the one you have. I never even heard of the jl your talking about. Does your school subsc. to these? I

Re: Re: pardon me!

I wrote: > [...] he says the absolutely worst pardon in recent U.S. >history -- even worse that President Ford's pardon of Richard "Tricky Dick" >Nixon -- was the pardon by President Bush (the father) of himself, [...] Andrew Hagen wrote: Bush the Elder didn't pardon himself. Special prosecuto

Re: Re: Re: Re: Re: Social Capital

Partly the reason for the jargon is that I do not think I am being original in saying what I am saying, and I think that some of your interpretation is better put in some respects. The thing is, I find it odd that the term social is arguable under capitalism. Maybe the next discussion will deal wi

The Metalclad case: NAFTA, the environment, and democracy.

This is long but is a good illustration of the impact of NAFTA agreements on the power of local and even national governments. Cheers, Ken Hanly P.S. One of the reasons the NDP when in power in Ontario did not introduce monopoly public auto insurance was that they feared they would have to pay c

RE: Re: RE: human "capital"

human capital theory has been refuted logically, empirically, historically, theoretically, internally, externally, what possible other ways are there? Was it Ivar Berg who did the study that showed the best determinant of employment is.who you know. ("social capital"?) the only retreat f

Re: social cattle stock overvalued?

Ken Hanly wrote: > > Here is part of Carrol's original message: > I have always I guess that I should have merely quoted Ollman without further comment. Ollman, not cox, was the core of that post. Re one of Barkeley's ripostes, that there are other ways than marx's etc. _Of course_: I sa

Re: social capital

At 03:12 PM 2/16/01 -0500, you wrote: > I thank Mat for noting Marx's use of the >term "social capital" in Volume II of Capital. >Of course, this was one of the volumes not >published in his lifetime, much less translated >into English by him, in contrast with Volume I. >Thus, presumably the

Re: Re: Re: Re: Re: new growth theory

Barkley wrote: > Basically they do a very careful review of past >approaches to growth theory and show that many >of the classical writers, starting with Adam Smith, >had essentially fully developed models of growth >that incorporate the essential ideas of "new >endogenous growth theory." >

Re: RE: human "capital"

Nicole Seibert wrote: >Jim, >Have you read Paula England's Comparable Worth? In particular, in Chapter >2 -- "Theories of Labor Markets" she writes, "The neoclassical theory of >human capital posits that individuals invest in their stock of skills by >paying and/or forgoing something in the prese

Re: Bush war

At 01:51 PM 2/16/01 -0600, you wrote: >If what I just heard is correct, it hasn't taken Jr long to pick up where >Daddy >left off. I heard the US and GB have bombed Iraq for flying over the no-fly >zone. Isn't Jr. picking up where Big Bill left off? Of course, every mushroom cloud has a silver

Re: RE: Re: Re: Re: new growth theory

My cup runneth over! Thank you very much, Mat! I hope that those who don't know growth theory as well as I to shun the "newness" of Romer _et al_. This should encourage me to dig up the chapter on growth theory of my dissertation (which treats growth as a disequilibrium process)... but it won'

Re: RE: Re: Re: social cattle stock overvalued?

Here is part of Carrol's original message: I have always assumed that a precondition for a marxist understanding of the world is the premise that one can't know what any thing is by examining it physically. A [steelplant] might be a steelplant, but on the basis of a physical rather than histor

Re: new growth theory

One of the things I'm curious about is what prompted the development of NGT. >From what people have said, it sounds like a minor contribution (if any meaningful contribution at all) to growth theory. I'm wondering: what was the impasse (perceived or real) that prompted development NGT, a theory th

Re: new growth theory

[EMAIL PROTECTED] wrote: Kurz starts with Solow's model, relating it to new growth theory NGT). Interestingly, Kurz shows that while one of the common views is that the novelty of NGT is incorporation of increasing returns, IR is not an essential ingredient--if this assumption is abandoned, gro

Re: RE: Re: Re: Re: new growth theory

Mat, The one you have may be either an earlier version or some variation. Mine starts with the Lowe quote also. It took awhile for this paper to get published. Among the earlier economists discussed at length in the version I have are Smith, Ricardo, Torrens, Marx, Charasoff, von Neuma

Re: query: Putterman

Lou Putterman is an excellent guy and a very good economist. His specialty is communal and cooperative organization, and he is also involved in a "values and economics" initiative (with Avner Ben-Ner and others). He wrote a comparative systems text many years ago that doesn't have the breadth of

Re: RE: human "capital"

But dont people often pay for courses that give them skills that make them more likely to find jobs and hence of being wage laborers-- rather than resisting the relationship? At most it would be an attempt to attain better wages and job opportunities. Opting out and becoming a hippie subsistence f

Re: Re: Re: social cattle stock overvalued?

Actually, I have privately given Dave Colander an earful over his half-baked definition of social capital. He has a test bank question from his new growth chapter (part of his effort to imitate Mankiw, more vomitoria), in which the correct answer to "Which of the following is an example of s

Re: Re: Re: Re: new growth theory

Basically they do a very careful review of past approaches to growth theory and show that many of the classical writers, starting with Adam Smith, had essentially fully developed models of growth that incorporate the essential ideas of "new endogenous growth theory." The new guys just fo

Dollar strength and causality vertigo

Friday, Feb. 16, 2001 O'Neill Remark Confuses Financial Markets LONDON (Reuters) - U.S. Treasury Secretary Paul O'Neill was quoted on Friday as saying the United States was not actively following a strong dollar policy, throwing financial markets into confusion. The policy, which has held tha

BLS Daily Report

> BLS DAILY REPORT, FRIDAY, FEBRUARY 16, 2000: > > RELEASED TODAY: "Producer Price Indexes -- January 2001" indicates that > the Producer Price Index for Finished Goods advanced 1.1 percent in > January, seasonally adjusted. January's rise followed a 0.2 percent > increase in December 2000 and

Re: Bush war

http://antiwar.com/ Marc Rich: Treason is the Reason http://www.latimes.com/print/20010214/t13418.html Bush's Foreign Policy Team Is Split on How to Handle Hussein Iraq: One side wants to use opposition to attempt to oust leader. The other faction favors revamped sanctions. By ROBIN WRIGHT,

Re: query: Putterman

Putterman is a good writer on coops and self-managed socialism. --jks > >I received an ad today for a book titled DOLLARS & CHANGE: ECONOMICS IN >CONTEXT, by Louis Putterman (Yale U.P.) It looks okay, because it puts >economics into an historical context, but YUP wants $5 for an examination >cop

social capital

I thank Mat for noting Marx's use of the term "social capital" in Volume II of Capital. Of course, this was one of the volumes not published in his lifetime, much less translated into English by him, in contrast with Volume I. Thus, presumably the term that is used is actually "sozialkapita

more on capital

Mat Forstater offered some interesting remarks about fishing poles and traditional societies. He emphasized the Marxian idea that "capital" can essentially only exist in the context of a the social relations within a capitalist society. Maybe. However, I would note that in its income

RE: human "capital"

Jim, Have you read Paula England's Comparable Worth? In particular, in Chapter 2 -- "Theories of Labor Markets" she writes, "The neoclassical theory of human capital posits that individuals invest in their stock of skills by paying and/or forgoing something in the present for the sake of some fut

Bush war

If what I just heard is correct, it hasn't taken Jr long to pick up where Daddy left off. I heard the US and GB have bombed Iraq for flying over the no-fly zone.

RE: Re: Re: Social Capital

Christian, How would you measure this? Could you not account for this through other transactions? -Nico -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] On Behalf Of [EMAIL PROTECTED] Sent: Tuesday, February 13, 2001 4:12 PM To: [EMAIL PROTECTED] Subject:

Re: Re: Re: Re: Social Capital

Well I just object to what seemed outrageous abstract academic term slinging. I dont think it adds anything to a discussion, except to reflect the conspicuous production of signs significant only to some elite fraternity. This is not to say that abstractions and special terms cannot be useful. If

RE: Re: Re: Re: new growth theory

Jim says: >so what, in short, is the substance of their critique? I don't know that particular paper, but I have another one by Kurz. First, Kurz begins by quoting Adolph Lowe from a must-read 1954 article called "The Classical Theory of Economic Growth" that of course I can't help but includin

query: Putterman

I received an ad today for a book titled DOLLARS & CHANGE: ECONOMICS IN CONTEXT, by Louis Putterman (Yale U.P.) It looks okay, because it puts economics into an historical context, but YUP wants $5 for an examination copy and (in addition to not wanting to pay), I don't have my checkbook here.

kids v. economists

Lingua Franca - March 2001 COVER STORY Clothes Encounters Activists and economists clash over sweatshops by Liza Featherstone and Doug Henwood "ARE YOU A ZAPATISTA?" ASKED JAGDISH BHAGWATI, ONE OF THE WORLD'S preeminent trade eco

The Trouble with government agents of thecreditor class

>>> [EMAIL PROTECTED] 02/15/01 08:17PM >>> rubin tells us that 'deficits cause high interest rates' -- interest rates jacked up in the early eighties in response to restrictive monetary policy and then continuously fell the entire decade as record deficits were racked up -- what were interest r

Re: Taxes and the poor

At 11:13 AM 2/16/01 -0500, you wrote: >Editorial; Pg. 18A > >'Surplus dividend' better than windfall for wealthy > >Supporters of President Bush's tax-cut proposal have conceded that a lion's >share of its benefits will go to the very wealthiest of Americans. But >that's only fair, they argue, be

Re: Re: Re: did the Germans pay off Lenin?

At 04:19 PM 2/16/01 +, you wrote: >Oh, I am not saying that it is impossible. But it is an old canard, and as >long as the evidence for it comes from Richard Pipes, I will not believe >it. And this not because he is a rabid anticommunist. Some of those guys >are good scholars. There was no

RE: Re: Re: social cattle stock overvalued?

But whether a frown is one of concentration or one of disapproval depends on the social context. Same physical expression, different meaning. Loads of examples. This was a key insight of phenomenological sociology. In economics, a price rise (or fall) can mean many different things depending on co

Re: Re: did the Germans pay off Lenin?

Oh, I am not saying that it is impossible. But it is an old canard, and as long as the evidence for it comes from Richard Pipes, I will not believe it. And this not because he is a rabid anticommunist. Some of those guys are good scholars. There was no one more rabidly anticimmunist than Merle

Taxes and the poor

The Atlanta Journal and Constitution, February 16, 2001 Friday Editorial; Pg. 18A 'Surplus dividend' better than windfall for wealthy Supporters of President Bush's tax-cut proposal have conceded that a lion's share of its benefits will go to the very wealthiest of Americans. But that's only

Social Capital

>>> [EMAIL PROTECTED] 02/15/01 11:16PM >>> Barkley Rosser says to Mat: >But, if my recommending you to be published >occurs in response to your having previously recommended >that I be published, then this may be the payoff of a social >reciprocity relation, certainly a cashing in of social cap

The Invisible Hand

NY Times, February 15, 2001 Profits Raise Pressures on U.S.-Owned Factories in Mexican Border Zone During an interview in October, Mr. Chávez showed a reporter pay stubs indicating that his weekly Alcoa take-home pay was $60. He said he spent about $11 for bottled drinking water. About $5 went

Re: Re: Re: Social Capital

That is ok, the "in the beginning" clause was meant anecdotally in reference to a Sid. Hook understanding of the matter. of course you know this is a matter of definitions and it is not easy to squeeze this in one sentence, so best to skim over that in this context. Certainly you would agree with

Re: Re: Re: Social Capital

That is ok, the "in the begenning" clause was meant anecdotaly in reference to a sid. hook understanding of the matter. of course you know this is a matter of definitions and it it is not easy to squeeze this in one sentence, so best to skim over that in this context. certainly you would agree wit