Re: More on anti-corruption

--- joanna bujes <[EMAIL PROTECTED]> forwarded this article for comment: > Jurriaan Bendien wrote > > >We only make progress if we extract the hidden > logic behind the metaphors > >that paralyse our thinking. > > > > > Yes. True. Interestingly enough, the following was > posted to LBO a few > days

my new book is out

The Perverse Economy: The Impact of Markets on People and Nature (NY: Palgrave, 2003). -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]

Labour court quashes Histadrut strike

To the delight of many and the despair of others, the general strike lasted only 4 hours. see: http://www.jpost.com/servlet/Satellite?pagename=JPost/P/FrontPage/FrontPage&; cid=1002116796299

world GDP/GNI discrepancy and the conceptual paradox

The logic behind my argument here, in case you cannot follow it, is as follows: (1) Conceptually GNI equals GDP (the sum of value added by all resident producers in the sphere of production) plus any product taxes (less subsidies) not already included in the valuation of net output, plus net recei

Re: the economics of terrorism

Devine, James wrote: she did talk about "wholesale" terror -- until it was "privatized." Loretta Napoleoni talks a lot about Saudi Arabia, and how the Bush admin protects them. I interviewed her a few weeks ago; you can listen at . Her book was blurb

Re: Privatizing and selling off Iraq oil assets

- Original Message - From: "andie nachgeborenen" <[EMAIL PROTECTED]> > Sure, that is the point, isn't it? That's how Russian > privatization worked . . . . > == Our faces in Russia's mirror Of course Putin's crackdown on the oligarchs is causing panic in the wes

Re: Privatizing and selling off Iraq oil assets

Sure, that is the point, isn't it? That's how Russian privatization worked . . . . --- k hanly <[EMAIL PROTECTED]> wrote: > Wouldnt the scheme below end up simply with most > shares in the hands of > multinational oil giants and the government would > have no control over oil > resources...? > > h

Re: Privatizing and selling off Iraq oil assets

Sounds like Jeffrey Sachs' plan. On Mon, Nov 03, 2003 at 08:45:26PM -0600, k hanly wrote: > Wouldnt the scheme below end up simply with most shares in the hands of > multinational oil giants and the government would have no control over oil > resources...? > > http://www.rppi.org/oilforpeople.html

Privatizing and selling off Iraq oil assets

Wouldnt the scheme below end up simply with most shares in the hands of multinational oil giants and the government would have no control over oil resources...? http://www.rppi.org/oilforpeople.html Cheers, Ken Hanly

Hewlett-Packard's CEO Carly Fiorina on the productive forces, in the competitive marketplace out there

"The first and most obvious choice we've made that was driven by the customer's agenda is our merger with Compaq, because it gives us all the key elements of infrastructure that customers care about. Our investment choices, our strategy, our reliance on collaboration with customers are all oriented

The Mincerian earnings function

A frequently-used approach to estimating rates of return involves the estimation of so-called Mincerian earnings functions, named after Mincer who first proposed their use. These relate earnings to inter alia years of schooling and treat the coefficient on the schooling variable as an estimate of

Re: Query: critique of production functions and productive forces

The conceptual problem in economic theory is that Marx's concept of "productive powers of labour" contains an irreducibly extra-economic aspect, namely the social co-operation of labour based on a specific division of labour, which cannot be valued precisely in advance of sale of output, and whose

Query: critique of production functions -clarification-

Thanks to Michael, Juriaan and Ahmet for the reference to Shaikh's work. I should have warned you that I knew this paper, and that the very few critiques of productions functions I have found led to this paper. As I mentioned in my first mail, I am now not looking for immanent critiques of neoclass

Re: Query: critique of production functions

OK, Jurriaan; you want the whole package!  Here it is: Palgrave entry: http://homepage.newschool.edu/~AShaikh/pal7.pdf Original 1974 article: http://homepage.newschool.edu/~AShaikh/humbug.pdf Solow's rejoinder (Anwar's postcript to his own 1980 article --a chapter in Ed Nell's book-- respo

Re: Sharon and the Future of Israel

"Arafat is a dithering old fool - corrupt and naïve - filled with his own sense of self-importance." Probably is it unhelpful to call him that, because in fact many Palestinian people care for him, even if they disagree wirth him. As far as I know, he has Parkinsons disease. My impression is that

Re: Query: critique of production functions

http://growthconf.ec.unipi.it/papers/Felipe.pdf AGGREGATION IN PRODUCTION FUNCTIONS: WHAT APPLIED ECONOMISTS SHOULD KNOW Abstract: This paper surveys the theoretical literature on aggregation of production functions (e.g., Klein, Leontief, Nataf, Gorman, Fisher, Sato, etc.) from the point of view

Re: More on anti-corruption

In California they claim to have a handle on this problem, and ensure that through good sexual development all abstract concepts are correctly anchored in the brains of the individual, creating consistent behaviour in which no corruptions or inconsistencies can occur. And then they elect Arnold Sch

Re: Query: critique of production functions

He actually wrote two articles on it. Maybe in the New Palgrave dictionary of economics, or another dictionary ? J. - Original Message - From: "Michael Perelman" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Tuesday, November 04, 2003 12:52 AM Subject: Re: [PEN-L] Query: critique of pr

Geroges Soros grapples with the theory of value

"Every market participant is faced with the task to estimate the value in the present of a future development of events, but that development is co-determined by the value which all market participants together attribute to it in the present. That is why market participants are forced to be led par

Sharon and the Future of Israel

An earlier version of this article appears on www.swans.com. Paul Phillips Economics, University of Manitoba For Jews the Real Worry should be Sharon not Arafat by John Ryan The recently released text of the Geneva Accord seems about as good a deal as could be worked out for a Two-State Solutio

Re: More on anti-corruption

- Original Message - From: "joanna bujes" <[EMAIL PROTECTED]> > Jurriaan Bendien wrote > > >We only make progress if we extract the hidden logic behind the metaphors > >that paralyse our thinking. > > == In the above, extract is a metaphor and the assertion itself relie

Re: Query: critique of production functions

Here is the article Michael and Jurriaan suggested, in downloadable form: http://homepage.newschool.edu/~AShaikh/humbug2.pdf ahmet tonak Michael Perelman wrote: Shaikh, AM, (1974). "Laws of Algebra and Laws of Production: The Humbug Production Function", Review of Economics and Statistics

Re: the economics of terrorism

she did talk about "wholesale" terror -- until it was "privatized." Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine > -Original Message- > From: Bill Lear [mailto:[EMAIL PROTECTED] > Sent: Monday, November 03, 2003 3:16 PM > To: [EMAIL PROTE

Re: Query: critique of production functions

See Prof. Anwar Shaikh's articles on the "humbug production function" (not to be confused with the Cobb-Douglas production function). J. - Original Message - From: "Matías Scaglione" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Tuesday, November 04, 2003 12:39 AM Subject: [PEN-L] Quer

Making money out of attention: your search is my money

(what you are paying attention to, doesn't just cost you money, it makes money for somebody else - as I mentioned before on this list, the pursuit of attention is the final frontier of the capitalist market, implying in the last instance the complete internalisation of commercial principles which b

Query: critique of production functions

I am trying to write a review of critiques of the concept of "production function". I would appreciate suggestions about works critisizing the very concept of production function, not merely internal logical flaws or "empirical contradictions". For instance, I am interested in Marxian refutatio

Response: Chomsky in the NYt

Chomsky was interviewed recently in the Times. His answers were fine. The questions were absolutely stupid. Essentially, why are you a self-hating Jew? Why don't you leave the country ??? Here is his reaction. Message: don't have interviews with the NYT. The questions were mostly pointless and

Re: The concept of methodological individualism

For an in-depth critique of neoclassic (and other) streams of thought from an institutionalist position, see Geof frey Hodgson's, "How Economics Forgot History." Paul Phillips, Economics, University of Manitoba Mario Josà de Lima wrote: I agree to your points of view. An interesting aspect

Re: More on anti-corruption

Jurriaan Bendien wrote We only make progress if we extract the hidden logic behind the metaphors that paralyse our thinking. Yes. True. Interestingly enough, the following was posted to LBO a few days ago. I knew Lakoff at UC Berkeley when his star was rising. He was doing interesting work and so

Re: the economics of terrorism

On Monday, November 3, 2003 at 15:09:30 (-0800) Devine, James writes: >... >The fastest growing economy in the world is the new economy of terror, a >sophisticated international economic system sustained by terror groups, >their sponsors, terror states and various affiliates. The economy of *retai

the economics of terrorism

[no comment. -- JD] Comment Rapid rise of the economy of terror The war against groups such as al-Qaida stems from a clash of economic systems, not of religions, argues Loretta Napoleoni Monday November 3, 2003 / The GUARDIAN [U.K.] Money is terrorism's lifeline. Economics, not politics or

Re: The concept of methodological individualism

The article I cited by Hodgson argues that the main distinction between the "new" institutionalists (North, etc.) and the "old" ones (Hodgson, etc.) is that North and the like take preferences, tastes, ideologies, expectations as _given_ and unexplained, whereas Hodgson and the like explain thes

Re: More on anti-corruption

Jim wrote: The physics formula F = M.a is "circular," because each term is defined by the other two. The concept of a "point" in geometry is also circular. These examples (and many others) suggest that there is nothing wrong with circular definitions, as long as one is clear about the nature of th

Re: The concept of methodological individualism

I agree to your points of view. An interesting aspect to be considered on the british institutionalists, in contrast of the United States source (Williamson, North, etc.), is its critical to the neoclassic thought and effort to construct a dialogue with Marx. - Original Message - From: "De

Re: More on anti-corruption

- Original Message - From: "Devine, James" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Monday, November 03, 2003 1:24 PM Subject: Re: [PEN-L] More on anti-corruption The physics formula F = M.a is "circular," because each term is defined by the other two. The concept of a "point" in

The unsolved mystery of the GDP/GNI discrepancy -ccorrection

Yeah, typo, $800 billion. I'm taking a break. J.

The unsolved mystery of the GDP/GNI discrepancy

If according to the World Bank, world GDP for 2002 was $32.3 trillion and world GNI $31.5 trillion, we have to ask ourselves, how is this possible ? As I have mentioned on this list, GNI includes net income from productive activity by residents overseas. So why is $800,000 billion gone missing ? I

Re: More on anti-corruption

Isn't this thread getting corrupted? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]

Re: More on anti-corruption

The physics formula F = M.a is "circular," because each term is defined by the other two. The concept of a "point" in geometry is also circular. These examples (and many others) suggest that there is nothing wrong with circular definitions, as long as one is clear about the nature of that circul

Re: More on anti-corruption

> I agree that there's no way one could create a "corruption index." It > can't be quantified. You mean it is an externality cost and we cannot establish a price for it ? Then ""of course" it must be corruption ! A respected Jungian psychotherapist once told me that Marx was rubbish and I should

Re: More on anti-corruption

- Original Message - From: "Devine, James" <[EMAIL PROTECTED]> >And yet the US scores rather well compared to say, Nigeria on the corruption index...< I agree that there's no way one could create a "corruption index." It can't be quantified. > Yet the moment we let the above definition

Re: More on anti-corruption

>And yet the US scores rather well compared to say, Nigeria on the corruption index...< I agree that there's no way one could create a "corruption index." It can't be quantified. > Yet the moment we let the above definition serve as the baseline norm ...< I didn't know that the discussion was n

Anti-corruption - addition

I wrote: "But you must remember, there is always a sackrifice to be made, and you must remember that Jesus Christ died on the cross for all our sins." I should perhaps note, that the "Pound of Flesh" theorem mentioned by Shakespeare in ""The Merchant of Venice" is not appropriate here, we must de

Re: The concept of corruption

Right: definitions -- such as that of corruption -- are historically relative. "Corruption" is defined _relative to_ "bourgeois right," which is something that changes over time. It involves breaking the rules of the capitalist game. Though the main rules are pretty much the same, the details di

More Details about Drew Position

To URPE Members and Friends From Fred Curtis Address all questions to Fred at [EMAIL PROTECTED] DREW UNIVERSITY, Madison, New Jersey Part-Time Adjunct Position : Public Finance Part time position to teach Public Finance (an undergraduate upper

SUNY-New Paltz Economics Positions

To URPE Members and Friends Forwarded by an URPE member who would like to see URPE people in these positions. *** STATE UNIVERSITY OF NEW YORK-NEW PALTZ, New Paltz, NY F0 International Trade & Finance O1 Economic Development P5

Re: More on anti-corruption

These days the bourgeoisie likes to plunder with love. Privacy ? We will provide it for the working class. Lovers ? We will provide them for the working class. Jobs ? We will provide them for the working class ? Human decency ? We will provide it for the working class. The bourgeois are bourgeois,

Re: More on anti-corruption

- Original Message - From: "Jurriaan Bendien" <[EMAIL PROTECTED]> > Anti-corruption information at http://www.nobribes.org/ and > www.transparency.org . Transparency International has branches in several > countries. > > For the Global Corruption Report 2003, see > http://www.globalcorrup

Facing South

F A C I N G S O U T H A progressive Southern news report October 30, 2003 - Issue 63 Published by the Institute for Southern Studies and Southern Exposure magazine. To join the Institute and get a year's worth of Southern Exposure and Facing South, visit www.southernstudies.org/support.asp INST

Re: The concept of corruption

> In short, a concept like this defies definition. I don't think that's true, Marx would say, definitions of corruption are historically relative. But in the foundations of bourgeois society and moral thinking, corruption just means unfair competition, and this is normally legally defined. But sin

Tom Turkey

[The stuff at the end is standard boilerplate, but the beginning is useful.] http://www.latimes.com/news/politics/la-oe-wills3nov03,1,6821637.story COMMENTARY/L.A. TIMES A Slave to His Time and Place In protecting slavery, Jefferson shielded a system that nurtured him economically and politicall

Re: The concept of corruption

Judge John T. Noonan has a big and interesting book on the history of corruption, Bribery (1984), really a fascinating read. Standards definitely evolve. In the early common law, it was normal for judges to take gifts from litigants. By the time of Francis Bacon, impeached for corruption from the p

Re: The concept of corruption

I have no idea how to define corruption. Corporate campaign contributions seem corrupt to me, but not according to American standards. Appointing right-wing hacks to the courts and other political positions since corrupt. Giving away a public resources seem corrupt. Clinton using his power of o

Re: The concept of methodological individualism

alas, I haven't read it. (He did have a very useful article in the JOURNAL OF ECONOMIC LITERATURE, vol. 36, no. 1, 1998.) I do think that institutionalist economics is important and has a lot to add. Also, I interpret Marx as being an institutionalist. However, unlike some institutionalists, he

Re: The concept of methodological individualism

Dear Devine / what you think about - Geoffrey Hodgson - Economics and Institutions - a manifesto for a modern institutional economics? - Original Message - From: "Devine, James" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Monday, November 03, 2003 1:06 PM Subject: Re: The concept of

David Harvey: It is about oil

From chapter two (All About Oil) in David Harvey's "The New Imperialism", Oxford 2003 I briefly review this history here in order to make two basic points. Since 1945 there has been a steady escalation of US involvement in the region, marked by a significant break after 1980 as the involvement came

Re: The concept of methodological individualism

alternatively, we could define "methodological individualism" relative to Levins & Lewontin's description of the dialectical methodology: (1) they see the different heterogeneous parts as determining the character of the whole ("parts make whole"). (2) they also see a feed-back from the whol

Re: The concept of corruption

>I don't feel the need to be a dictionary every time discussion of terms comes up. ...< no, you don't have to provide definitions all the time. But if you reject some definition of some word (e.g., "corruption") it seems that you have some alternative definition in mind, which you should share

Pressure mounts on Bush to pull out

Analysis New Attacks Intensify Pressure on Bush By Thomas E. Ricks Washington Post Staff Writer Monday, November 3, 2003; Page A01 Twice in the past two weeks, the Iraqi opposition has hit high-profile U.S. targets that had been largely beyond its reach, an escalation that may prove more significan

Tariq Ali on the occupation of Iraq

Comment Resistance is the first step towards Iraqi independence This is the classic initial stage of guerrilla warfare against a colonial occupation Tariq Ali Monday November 3, 2003 The Guardian Some weeks ago, Penta

170 billion crimes per year ? - additional comment

I wrote: "By multiplying my 1:29 ratio by the world population, I arrive at the estimate that the total number of crime victim reports in 1997 in the whole world must have been 170 billion in round figures. Just imagine that eh. 170 billion crimes a year in the whole world. Hell, crime is as commo

Re: New rules - reply to Ian

> The point is to put wealth and control of same (power) > into the *producers'* hands. In Holland, they have an advertising slogan for Drum shag tobacco: "it's in your hands". J.

170 billion crimes per year ?

Suppose you wanted to know how many crimes occurred in the whole world every year, how would you do it ? Well, it is a very complex undertaking, but don't let that put us off, we've got to be able to get some idea about it. So let's get to work. To get some kind of estimate, I took UNODC data for

Re: New rules - reply to Ian

--- Jurriaan Bendien <[EMAIL PROTECTED]> wrote: According to Adam Smith, humans have the natural propensity to truck, barter and exchange. According to Marx, people have the natural propensity to produce and be creative. ** The point is to put wealth and control of same (power) into th

Re: Marx and fiat money

- Original Message - From: "Devine, James" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Sunday, November 02, 2003 5:27 PM Subject: Re: [PEN-L] Marx and fiat money | Early on in volume I, he talks about the "forced circulation" of fiat money within | national boundaries even though