Japan/debt

Triple Suicide Forces Japanese To Face Menace Of Loan Sharks By Peter S. Goodman and Akiko Kashiwagi Washington Post Foreign Service Saturday, July 19, 2003; Page A01 OSAKA, Japan -- By the time Akiyo Nishihira squatted on the tracks with her husband and her elderly brother in the path of an onco

Re: establishmentarian whining

On the issue of valuing stock options: Can't they just apply Myron Scholes' formula? Gene Coyle Eubulides wrote: washingtonpost.com Corporate Reform Could Go Too Far By Steven Pearlstein Friday, July 18, 2003; Page E01 In my hand is a news release from the Business Roundtable that would have bee

academic racketeering

Academics in 'degrees for cash' inquiry John Hooper in Rome Saturday July 19, 2003 The Guardian Eighteen people including students, university administrators, lecturers and professors were yesterday confined by judicial order to their homes in and around Rome as police continued an investigation

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establishmentarian whining

washingtonpost.com Corporate Reform Could Go Too Far By Steven Pearlstein Friday, July 18, 2003; Page E01 In my hand is a news release from the Business Roundtable that would have been unthinkable 18 months ago. Back then, the Roundtable's president, John Castellani, was adamant in an interview

the global mic

US war system reaps $2bn for BAE David Gow Saturday July 19, 2003 The Guardian BAE Systems, Britain's biggest defence manufacturer, yesterday secured its place at the heart of the Pentagon's visionary new electronic warfare programme, with a contract from Boeing worth up to $2bn. Two north Ame

Re: quick question

Can anyone remove how to remove PEN-L [EMAIL PROTECTED]

Re: mercantile capitalism

As far as I understand it, a theme in the controversy about mercantile capitalism was whether you could call a society such as 18th century Holland with developed commercial relations (but still a large rural population; industrialisation took off late in Holland, namely in the last quarter of the

Re: quick question

I asked: > are you disagreeing? what _are_ you saying? why should we > agree with these > people? Ian: > What does it mean to say they were mercantilists if that is merely one > form of ex post description amongst possible others [and no I'm not > providing a cluster of counterfactuals to serve

Re: quick question

- Original Message - From: "Devine, James" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Friday, July 18, 2003 2:10 PM Subject: Re: [PEN-L] quick question are you disagreeing? what _are_ you saying? why should we agree with these people? What does it mean to say t

Re: quick question

are you disagreeing? what _are_ you saying? why should we agree with these people? I wrote: > I don't think that Bush thinks of himself as a capitalist pawn > pursuing capitalist policies. > Ian writes: > Description > > Descriptions of descriptions > > Contested descript

Re: quick question

- Original Message - From: "Devine, James" <[EMAIL PROTECTED]> > My guess is that Cole was attempting to assert that we > shouldn't say that > those policymakers/powerholders from the 16-early 18th centuries saw > themselves as mercantilists pursuing mercantilist policies. of course the

Re: Of Coase

Schumpter is relevant here because he insists (following Marx) that innovation makes the existing price system irrelevant -- to the extent that it is really innovative. On Fri, Jul 18, 2003 at 02:12:55PM -0400, Max B. Sawicky wrote: > What would the critics say to Coase's dictum > that you can bu

Re: quick question

> My guess is that Cole was attempting to assert that we > shouldn't say that > those policymakers/powerholders from the 16-early 18th centuries saw > themselves as mercantilists pursuing mercantilist policies. of course they didn't (since the owl of Minerva only flies after the fact). I don't t

Re: quick question

- Original Message - From: "Devine, James" <[EMAIL PROTECTED]> While it's true that abstract concepts such as mercantilism can "give a false unity to disparate events, to conceal the close up reality of particular times and particular circumstances..." that doesn't mean that the use of su

Re: quick question

While it's true that abstract concepts such as mercantilism can "give a false unity to disparate events, to conceal the close up reality of particular times and particular circumstances..." that doesn't mean that the use of such concepts _always and everywhere_ leads to such confusion, excessiv

Re: quick question

- Original Message - From: "Carrol Cox" <[EMAIL PROTECTED]> > Eubulides wrote: > > > > Right but the dictionary entry is saying 1873. I'm reading a review of > > Heckscher's book [it's Tuesday and I don't have a tv :-)] and I'm asking > > in an historiographical and nominalist sense..

Re: Of Coase

Max: >What would the critics say to Coase's dictum that you can buy innovation or rent entrepreneurs? >I suppose innovation is hard to price, hence the market for it is deficient. For inability to sell innovation, entrepreneurs (and venture capital) are born. This would be accentuated insofar as

Re: Of Coase

- Original Message - From: "Carrol Cox" <[EMAIL PROTECTED]> > Why this lust for innovation? Most innovations are either (1) > destructive or (2) desperate attempts to compensate for the destruction > brought by prior innovations. > > Carrol > > P.S. I won't accept as an answer that capital

Re: No Googling quiz

- Original Message - From: "Max B. Sawicky" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Friday, July 18, 2003 11:15 AM Subject: Re: [PEN-L] No Googling quiz > For extra credit now (an open-ended question): what are activist > groups/scholars/journalists doing to comprehend and conte

Re: Of Coase

"Max B. Sawicky" wrote: > > What would the critics say to Coase's dictum > that you can buy innovation or rent entrepreneurs? > > I suppose innovation is hard to price, hence the > market for it is deficient. Why this lust for innovation? Most innovations are either (1) destructive or (2) desperat

Re: No Googling quiz

For extra credit now (an open-ended question): what are activist groups/scholars/journalists doing to comprehend and contest the "superpower" influence of these private companies with government-conferred power? (Hint: 1. the answer is not "nothing" and 2. I don't know the answer. That's why I'm a

Re: Of Coase

What would the critics say to Coase's dictum that you can buy innovation or rent entrepreneurs? I suppose innovation is hard to price, hence the market for it is deficient. For inability to sell innovation, entrepreneurs (and venture capital) are born. This would be accentuated insofar as there i

pensions redux

House Panel OKs Pension Fix Amid Acrimony Fri July 18, 2003 01:23 PM ET By Susan Cornwell WASHINGTON (Reuters) - Companies with underfunded pension plans would get relief for three years under legislation backed by the U.S. House of Representatives Ways and Means Committee, but the minority Democr

Re: No Googling quiz

- Original Message - From: "Tom Walker" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Friday, July 18, 2003 10:27 AM Subject: Re: [PEN-L] No Googling quiz > Ian wrote, > > >No. Enron hearings iirc. > > That's two out of three. For the (partial) answer to number three, I'll > defer to

Re: No Googling quiz

Ian wrote, >No. Enron hearings iirc. That's two out of three. For the (partial) answer to number three, I'll defer to NYT columnist, Thomas Friedman's possibly hyperbolic reference: "There are two superpowers in the world today in my opinion. There’s the United States and there’s Moody’s Bond Ra

Re: Of Coase

Max writes: >This may be old hat to a lot of people, but I'd like to note that in Coase the entrepreneur's function is really mechanical. There is no innovation, creativity, or special faculty being exercised. (All of that you can buy.) The coordinator is just another worker. Maybe there's somet

Cheney was looking ahead?

MEDIA ADVISORY from the Conservative Watchdog Group, Judicial Watch CHENEY ENERGY TASK FORCE DOCUMENTS FEATURE MAP OF IRAQI OILFIELDS Commerce & State Department Reports to Task Force Detail Oilfield & Gas Projects, Contracts & Exploration Saudi Arabian & UAE Oil Facilities Profiled As Well (Washi

Re: Bankruptcy

This is the sort of simplistic answer that serves conservatives well but of course it has little to do with what happened.  What happened was that the utilties had the legislature make the rate payers pay not "a sufficient amount for electricity to allow the electric companies to realize a reas

Re: No Googling quiz

- Original Message - From: "Tom Walker" <[EMAIL PROTECTED]> > You googled? But you didn't answer 2. and 3. > > Ian wrote: > > >What, is Lieberman's staff lurking on Pen-L? > === No. Enron hearings iirc. Ian

Re: Of Coase

I think this points to the > necessary role of the entrepeneur in the equation. > > David Shemano That is what Hayekians say about why you need capitalism, not just markets, but I do not understand why entrepreneurship requires ownership. Hell, most capitalist entrepreneurship is corporate, and th

Re: No Googling quiz

You googled? But you didn't answer 2. and 3. Ian wrote: >What, is Lieberman's staff lurking on Pen-L? Tom Walker 604 255 4812

Re: No Googling quiz

> How about this one: > > Men naturally rebel against the injustice of which they are victims. Frederic Bastiat, author of Economic Harmonies, criticised by Karl Marx. Oops I googled to check if I got it correct. To my great surprise, I as a naive young socialist was one day accosted in New Zealan

Re: No Googling quiz

- Original Message - From: "Tom Walker" <[EMAIL PROTECTED]> > "They are private companies, but the enormous scope of their influence comes > largely as a result of their government-conferred power." > > 1. Who said it? > 2. What was the circumstances? > 3. Which private companies was s/h

Marcuse

http://www.latimes.com/features/lifestyle/la-et-goetz18jul18192424,1,4074845.story Berlin offers Marcuse respect and a final home The philosopher who inspired a generation of '60s radicals in the U.S. died i

Re: Of Coase

A couple of thoughts/questions: 1. You state that the employee must work for someone else because of the lack of capital, but Coase suggests (demonstrates?) that the firm (employer-employee relationship) exists because of transaction costs. Therefore, even if every worker starts with his own capi

Re: Katha Pollitt in Le Monde diplomatique

"A few weeks ago," wrote Wendy Murphy, a professor at Harvard Law School, "I asked my students (all women) to raise their hands if they believe in social equality for women: they all raised their hands. Then I asked if they believe in economic equality for women: they all raised their hands. Then I

Bush Appointee to FDA Reproductive Healh Drugs Advisory Committee

President Bush has announced his plan to select Dr. W. David Hager to head up the food and Drug Administration's (FDA) Reproductive Health Drugs Advisory Committee. The committee has not met for more than two years, during which time its charter has lapsed. As a result, the Bush Administration is t

Katha Pollitt in Le Monde diplomatique

Claiming Independence, Asserting Personal Choice US: feminism lite _ The collective action that changed women's public and private lives in the United States is over: personal choice is now seen as the only true value. By Katha Pollitt * Le Monde d

2 Top Officials in Hong Kong Resign in Wake of Protests

NYTimes.com 2 Top Officials in Hong Kong Resign in Wake of Protests July 17, 2003 By KEITH BRADSHER HONG KONG, July 16 - Two weeks of street protests here produced a government crisis tonight as two top officials announced their resignations and the territory's chief executive said he would fly