Re: Back to slavery

RE Jim's: > I'm going to have nightmares about a TV show "John Pareto, Economist." I think the life (and economic theories) of Veblen would make a wonderful TV series. Perhaps David Duchovny could star in the series. Eric

Revised Version of Free Microeconomics Text

Pen-lers, At my website, http://economics.csusb.edu/faculty/nilsson/nilsson.htm You'll find a slightly improved version of my free on-line microeconomics textbook. Feel free to use as you see fit (as long as credit is given). I use the text in my intro micro texts. Eric Nilsson Economics CSUSB

RE: labor economics text

Title: labor economics text RE   is there such a thing as a good labor economics textbook? Maybe: Unlevel Playing Fields: Understanding Wage Inequality and Discrimination by Randy Albelda, Robert Drago and Steve Shulman, Dollars and Sense, 2nd Edition 2001. Eric .

RE: nice to know

RE >. . . are taking a detour through a computer licensed > to: Government Systems Division, 13221 Woodland Park Road, Herndon, > VA 22071, US. > > Well well! Virginia! Government! Interesting! Sounds scary. But a simple google search reveals the information that this might simply be a Sprint su

RE: RE: Re: RE: Re: Re: re: What is wrong with themainstream economics?

Jim wrote, >(this seems to involve interpersonal comparisons of utility.) I don't think this need be the case. Let's say I value the move from A to B by -$1. Let's say you give me a $1. This dollar might sadden you but it makes me as likely to chose B as A (if B comes along with $1). I am indiffer

re: What is wrong with the mainstream economics?

Mat wrote, >Is there a basic consensus in the philosophy of science > about where empirical criticisms fit in? For awhile empirically inclined NC economists wondered if empirical evidence could be used to select between two different incomparable theories. They attempted to determine if empirical

RE: Re: Re: re: What is wrong with the mainstreameconomics?

Ken writes,   >Surely when u come to practical applicatiions in social welfare theory such as cost-=benefit analysis not only are utilties measured they are measured in dollar terms.   Even in applied micro you need not posit underlying utility functions: you can still use preference r

re: What is wrong with the mainstream economics?

Jks wrote,   >You need a common scale of some sort, some ranking mechanism. Otherwise you can't decide which of two outcomes is more efficient or if they're indifferent.     This is of course right _if_ you explicitly model how someone decides whether to chose between the vector [embal

Duct Tape Blues

system is broken - I can tell you how to fix it Send some duct tape down to Washington and show 'em where to stick it Eric Eric Nilsson Economics CSUSB <>

RE: RE: "Western Rationality"

Title: RE: "Western Rationality" Jim wrote,    > ... eight separate kinds of intelligence,    Jim modestly fails to note his own contribution to this issue: there are also multiple kinds of stupidities.     Eric /

RE: Re: Self-employed query

Seth wrote, > >Hello. When self-employed people go out of business in the U.S., > >how are they accounted for in the official job stats? Doug responded, > It's based on self-reporting. If people describe themselves as > self-employed and working, they're counted as such. If they describe > them

Future Criminals

Philip Dick's Minority Report (recently made into movie with many changes) was based on something similar to the following: Controversial Police Database Lists 'Future Criminals' Names, Addresses Of Potential Suspects Listed Posted: 12:02 p.m. EDT August 26, 2002 WILMINGTON, Del. -- Defense lawy

Foucault = ?

s Foucault = Gramsci - Marx? (4) to what extent is Foucault = Bourdieu / Giddens? (I have no idea what the latter might mean ;>) ) Any thoughts? Thanks. Eric Eric Nilsson Economics CSUSB

RE: Re: ivy education

Doug H writes, > . . . one's fellow students are an education in > themselves. Classes were very lively - I wonder, however, whether this is _still_ true for the elite colleges. The increased competition now to get into such schools and increased attention to "doing the right things" during high

George Orwell call home

"Operation TIPS will be a national system for reporting suspicious, and potentially terrorist-related activity. The program will involve the millions of American workers who, in the daily course of their work, are in a unique position to see potentially unusual or suspicious activity in public pla

RE: Re: Short Book on Marx for Undergraduates

Justin wrote, >Best general intro to M&E I know of id > Richard Schmitt, Intro to Marx and Engels (Westview); I used to > use that all > the time. I just checked -- this is out of print too. Clearly a conspiracy is afoot! Eric .

RE: Re: Short Book on Marx for Undergraduates

Joanna wrote, A - you're not going to let them see any original material  For the economics of KM I've had students read v.1 of Capital in the distant past, but it understandably takes us a very long time to work through it.   But, in any case, I do the KM economics that I'm int

RE: Re: RE: Short Book on Marx for Undergraduates

RE > How about: > > Karl Marx by David McLellan, Viking Press, 1975. I like it but it is out of print! Eric

RE: Re: Short Book on Marx for Undergraduates

RE > Terrell Carver has an old Oxford book on Marx's Social Theory > that I thought > was pretty good. Also out of print, but I've used his Cambridge Companion of KM, which he edited and has some good points. Eric .

Short Book on Marx for Undergraduates

Title: Rogoff letter All,   I'm looking for a short book about Marx's _social_ theory appropriate for undergraduates.   In the past I've used Berlin's biography, parts of the Cambridge Companion to Marx, and Wood's KM in the past but want something different this time. I've also used KM's

RE: RE: Re: more & more stock options

Title: RE: [PEN-L:27753] Re: more & more stock options REjoanna writes:>Problem is, options don't work in a bear market. <     But when the stock market does start to go up--and a huge overhang of stock options are finally cashed in--what might happen to the stock market?   Eric .

Costly privatizing of firefighting

30 million more than budgeted. . . . During the 2001 fire season it cost an average of $1,340 per acre to fight fires on the national forests—270 percent more than it did in 2000. " Eric Nilsson Economics CSUSB

RE: Re: 1,000 firms run the economy

Doug Orr wrote, > It is easy to get the number of firms by type. It is easy to get firms > with assets in excess of $250M. What I have not been able to nail down > is total business assets in the US. I have found total Corp. assets, but > I have not found proprietor and partnership assets. Da

1,000 firms run the economy

Well not quite... But data I just put in my spiffy text is: Number of firms with 1-99 employees in the US: 4,800,582 (or 98% of all firms with employees) Number of firms with 10,000 or more employees: 936 (or 0.002% of all firms with employees) Number of employees working in firms with 1-

RE: Re: RE: Estimating Surplus

Doug wrote, > Institutions and social structures like classes configure those > people in arrangements that make possible surplus generation > and distribution. But the start and end of any economic activity has to be human > beings doing stuff together. True. But this do not imply you have to s

Odd message from Merrimack College?

Doug wrote, > virus checkers > telling me an email I never sent to someone I don't know was > infected. The identity of the real source is usually in the > "X-Sender:" field; the address in the "From:" field is forged. Checking all the internet headers of the message I got suggests that it origi

RE: Estimating Surplus

Ian wrote, > Households are suppliers/producers of labor power, no? Yes, but this does not mean that your economic theory must underline (or start with) the role of "households." My starting point for understanding economic behavior in capitalism is the process of surplus generation within the f

RE: Re: Re: Re: RE: Re: RE: RE: Estimating Surplus

Doug wrote, > > I was just citing the convention of the NIPAs. Conceptually, the > people who make up households have to be the producers and recipients > of everything, since corps are just legal fictions, no? It is a fiction that corporations are "quasi-persons." Regardless of that, corporation

RE: RE: RE: Re: RE: RE: Estimating Surplus

Max wrote, > Part of profits are paid to households too. > > I don't see how you can include profits but not net interest paid. I feel like Reagan, who allegedly was convinced by the last person he talked with ... I think I now would include net interest--these payments go to persons (as a paym

RE: Re: RE: RE: Estimating Surplus

Doug wrote, > Net interest is figured as what biz pays to households, right? It's > an expense for business and an income for households. Yes indeed that is the case. I guess such a number doesn't add to capitalist surplus. For what it is worth: Corporate profits + Estimated profit part of propr

RE: RE: RE: RE: Estimating Surplus

Re Max's > what about a corporation whose business is rental real estate > that includes improvements to the land? Such an activity would affect general corporate income, I guess. Eric .

RE: RE: Estimating Surplus

Max wrote, >I would say net interest paid (not personal interest received) > and rent belong too. I'm not sure about rent as my concern is with surplus generated within an economic relationship involving wage labor (i.e. capitalism). The rental income in NIPA is for PERSONS (except for those who

RE: Re: Estimating Surplus

Doug wrote, > Conceptually and practically, it's difficult to separate the labor > income from capital income components of proprietors' income. Following the recommendation of Mayo Toruno, I'm multiplying proprietors' income by the ratio of (corp profits / (corp profits + employee comp)). This r

Estimating Surplus

For the NIPA aware. If you want to come up with a crude estimate for the total surplus generated by capitalist firms within the US economy, is there anything particularly wrong with simply summing up various data taken from the National Income data in NIPA (table 1.14)? To wit: Proprietors’

RE: Re: Markets and Diversity

Michael wrote, > . . .the honcho told him > that the book would be unacceptable because the table of contents was not > similar to that of McConnell's book. Which is why my intro micro text will be "self-published" (for free!) on the web. Eric .

RE: Re: Re: : Markets and Diversity

Michael wrote, > > Thanks for all of your responses. My intuition is that goods with very > small marginal production costs, such as books and television, tend to aim > for mass markets, while other types of goods try to be able to capture > expensive niches, often with the adjective designer att

Price Discrimination on Internet (was Lies, damned lies, and economics)

Eugene C wrote,  > DeLong is doing a new wrinkle now (new to him, apparently) with the discovery that monopoly and  > discriminatory pricing is good for society.  These people cannot be topped or stopped -- only ignored by us.     The topic of price discrimination--in the context of the Inte

"Bartleby, the Scrivener: A Story of Wall-street"

ter. Eric Eric Nilsson Economics CSUSB

RE: Lies, damned lies, and economics

RE >or with Mayo Toruno's book. The second edition of Mayo's book, The Political Economics of Capitalism, will appear in the not-too-distant future. It will be published by Atomic Dog Press. http://www.atomicdogpublishing.com/home.asp Eric

Small and Imperfect Step to Alternative Text

ce in these chapters as much of the material is still in the first draft stage. Notable parts of this text are (1) the photograph of the corn economy on page 3 of chapter 1 and (2) chapter 13 which does stuff not done in standard texts relevant to why firms become large. Eric Nilsson Economics CSUSB

RE: Hetero Depts

RE > Wow, Eric, "thousands of dollars" from alums >to fund scholarships in econ--cool! Our current scholarship accounts hold about $50,000. We give out 4 small scholarships each year (about $700, or one quarter's worth of fees). Not too bad for a very small department in an unknown state school i

RE: Hetero Depts

cal institutionalist Kazim Konyar (PhD UCR) left wing environmentalist Eric Nilsson (PhD UMass) confused but well-meaning regular visiting instructor: Chris Niggle from Redlands (PhD UCR) radical institutionalist Bonus fact: we have a "BA in Economics (Political Economy track)" and a "

RE: RE: RE: Re: re: profit rates

Jim wrote, > Didn't Merrill-Lynch financial advisors recently get in trouble > for selling > info that was inaccurate -- but helped the investment-banking side of the > business? I know the LA Times has covered this at least twice a week or so ago, but I haven't see much in the WSJ about it. Eri

RE: Re: re: profit rates

Sabri wrote, > And I worked at money management > firms and other firms that provide "analytics" to them. > ... But, there are those who are dishonest liars. I know it. > I have worked with them. In my experience private sector data producers--particularly those in the financial sector--sometimes

RE: Profit Rates -- From Michael Yates

Max wrote, >Without doubt, you can spot all sorts of problems in >their work. But I would be willing to bet that you would >not be able to arrive at a better way of doing it, given >the same resources and data that are available to them. I generally agree with this claim. One of the main probl

RE: net products, profit, surplus-labor

ers calls into question one aspect of the Marxian view of pre-communist societies? I've always liked the claim that the dominant class gets control of the surplus, but if the concept of "the surplus" is logically incoherent what can be saved of such a claim? Eric Nilsson

Re: FW: It's good nukes week!

Carrol wrote, > There has been considerable discussion of this already on LBO -- where > the near consensus was that the _leaking_ (presumed deliberate) of this > story might be significant and/or scary, the substance of it was > commonplace. I wonder if the Bush administration will find itself p

RE: Re: Protection, Contagion, Reflation

JD wrote > at the same time that the IMF pushes them to deflate? And at the same time the switch to a single currency and a single central bank was accomplished to reduce the effectivess of (domestic) political pressure to lead to (potentially) pro-growth, inflationary policies? Eric

RE: Re: RE: BLS Daily Report

RE > It's not easy to read the tenure numbers - tenure could rise in a > weak job market, as people hold on to what they have, and fall in a > strong one, as they feel confident about changing jobs. The national > numbers don't show that much of a change between 1983 and 2000 And I believe I read

RE: Re: Rigor mortis?

Jim D wrote, > I think it's important to remember that the phrase "the real world" is > redundant. I guess this depends on one's epistemology, but I don't want to start any discussion about epistemology. Pen-l seems to have a lot on its plate now. ;>) > Also, isn't it more accurate to say tht ma

Re: Rigor mortis?

Jim wrote, > More generally, math by its very nature describes an idealized world. That > doesn't mean that it shouldn't be used as much as that it has to be used > _very carefully_ if one's goal is to understand the world. I, who has used math in a previous life and am now learning game theory,

RE: Productive Forces

Sabri Oncu wrote, > . . .The main > reason of why I am writing this is to let you know about a book I > found a while ago in a used book store. It is this: "The > Mathematical Manuscripts of Karl Marx, New Park Publications Ltd, > 1983". The book was edited by S.A. Yanovskaya in Moscow in 1968. >

PLEASE USE PLAIN TEXT, WAS Productive Forces

Carrol wrote > I don't know who started using html formatting on > this thread but it is obnoxious. Was blue text what you are referring to? If so, it was me: I mistakenly sent out such a message. But, for what it is worth, colored text is not always the same as HTML. My blue text was courtesy

RE: Productive Forces

Charles wrote, > CB: He was certainly aware of these physics basics, but I am sure > he did not reduce his "productive forces" to physical forces. I didn't hope to imply that. I merely wondered if Marx's way of thinking about historical developments was influenced by ideas developed first in theo

RE: Productive Forces

Carrol wrote: > Are you assuming that Marx _did_ have a theory of (universal) history > based on the development of the productive forces? I am assuming that at one point Marx did have a theory of history in which the productive forces played an "essential" role. Whether concepts from the physics

RE: Productive Forces

Charles wrote: > . . . actually the productive _forces_ can be measured to a > certain extent using the physics concept of "force", in that > there is at least in the period from European feudalism to > capitalism a leap in the amount of energy capture and ability to > do "work" ( in the physics s

RE: Productive Forces

Melvin P wrote,  > Is not human beings the decisive element in the production forces?     Certainly an argument can be made that, broadly understood, human beings are part of the productive forces. Whether it is the "decisive element," I don't know.   I don't think Marx--not that his opinio

RE: Productive Forces

dd writes > I think it would be possible in principle to come up > with a mathematically rigorous definition of "the productive forces" in > terms of the ability to produce arbitrary physical objects of a given > information-theoretic complexity of structure, and then carry the analysis > on from

RE: Productive Forces

Jim wrote, How do we measure the "productive forces," anyway? It seems that capitalismwould measure their development differently from other modes of production.(Capitalism might measure them in terms of labor productivity, which ismarketable output per worker, corrected for infl

RE: Commodity fetish

Doug Henwood wrote: > I'll bet a lot of PEN-Lers don't approve of makeup or stylish clothes either. Hold on. Readers of the WSJ (a few days ago) know that the _newest_ fashions have rips, tears, and wrinkles and look, in general, very beat up and old. Because of this fashion development, I am n

RE: Re: new cpi

RE > It's been clear for a long time that the BLS has largely gone along > with the Boskin stuff . . . I imagine that the behavior of the BLS towards "revising" (sic) the CPI changed once Katherine Abraham left as head of the BLS. Her term expired in about September 2001. I bet no one in the adm

RE: RE: Double tax on savings

Ellen writes, > Isn't this ceding too much to the "double-taxation" position. > I mean yes it' true that the thrifty brother will pay more income > tax than his twin, but he will also earn more income (the interest on > saving in addition to the original income) than his twin. I agree with you El

RE: RE: Double tax on savings

Thanks Max for the information and for sharing part of your underground classic. Max wrote, > A more neutral way of describing this is to note that > if you earn a dollar and save it, as opoosed to spending > it immediately, you pay more tax in the first case then > in the second. To help me un

Double tax on savings

interest constitutes "double taxation." Was the phrase "double taxation on savings" invented to justify tax cuts for investors? If so, does anyone know when this idea first appeared? Thanks for any leads on this. Eric Nilsson Economics CSUSB

Mainstream trade theory in general

, it is obvious that sometimes trade is based on political power--e.g., colonies--and not on markets. And, of course, lots of trade is really intra-firm transfers across borders by MNCs and, so, need not follow the dictates of relative price differences. Eric Eric Nilsson Economics CSUSB

Re: A project for Pen-l -- Krugman point

ation but will be those that help powerful interest groups, and 3) if the foreign nation retaliates to the government intervention everyone might be worse off. These are the reasons that Krugman tends to be a free trader as have those who have analyzed optimal tariffs. Eric Nilsson Economics CSUSB

Question about Isbister's Capitalism and Justice

Has anyone read the book in the subject line? It was published in Jan 2001. I'm thinking of using for a public finance course but only know the name of the book and that he is a progressive. Thanks. Eric Nilsson Economics CSUSB

RE: socialization of reproduction

RE -- CB: The idea of reproductive and caring labor ( in the expanded sense of including but not limited to childrearing) that Yoshie uses here is important for developing Marxist feminism , extrapolating Marx's own terms beyond his use of them. -- See Nancy Folbre, _Invisible Heart: Economics

Your slice of Tax cut

For those wanting to know how much Bill Gates will save with the new tax cut over the next 10 years ---> "The tax experts at Quicken TurboTax have developed an easy to use calculator to help you estimate how your taxes might be affected. Simply enter the information requested below and we'll do t

RE: Re: Re: query

Perhaps of relevance are IRS reports: Page of reports relevant to tax returns of individuals: http://www.irs.ustreas.gov/prod/tax_stats/ind.html Page of reports on tax data by size of income: http://www.irs.ustreas.gov/prod/tax_stats/soi/ind_ agi.html Most recent IRS report on tax returns for

RE: Re: RE: Re: brad de long textbook

Brad wrote: > If you wished (although God knows why > you would) to portray your > actions as a gamble by a flinty-eyed > amoral profit-maximizing > academic careerist, you could say that: Okay, Okay -- you saw right through me. But you missed one key aspect of my "free" (sic) text: while I wil

RE: Re: RE: Re: Re: brad de long textbook

RE Brad's > It is a > perfect illustration of how > monopolistically competitive markets > with entry do not produce > anything like the social optimum... It is also a clear example of how firms, seeking to make profits, shape market structure: market structure is often endogenously determined by

RE: Re: Re: brad de long textbook

Jim wrote, > After all, it's the > sovereign consumers who decide what > sucks and what doesn't suck. But remember one of the key characteristics of the textbook market--the ultimate user (the student) does not pick the book. The professor does (and most often the professor does not have informat

RE: Re: brad de long textbook

st of reproducing it). The text is best described as a mix of Bowles/Edwards and a standard micro text that doesn't fetishize mathematics and diagrams. Why am I doing all this work and, then, giving it away free? Answer: Damaged DNA. Eric Nilsson Department of Economics California State Univ

RE: Re: RE: Re: Re: Re: Re: Re: important news for parents of young kids

Jim wrote, > yeah, tastes are a "dependent > variable," but that doesn't say that people > don't have bad taste a lot of the time > (and I don't exclude myself from this). The key is not whether you have bad tastes, but whether you feel _guilty_ for having bad taste: that is, whether you have "me

RE: Re: Re: Re: Re: Re: important news for parents of young kids

Jim D wrote, >including (yuk!) Pokemon You got to get into Rugrats. We don't have cable so we only see it via rented videos every few weeks (you also avoid the commercials that way!). One could argue that Rugrats is a bit subversive--as much or more so than the Simpsons. It certainly is very cr

RE: Re: (Fwd) Complaint about violation of academic freedom in hiring

Brad wrote: > ... David Noble's fear of "Digital > Diploma Mills" . . .shows gaping holes in > his ability to construct a > logical argument... but then we read Brad's 'logical argument' undercutting the flaws of Noble's writing: >It wasn't pleasant. It > wasn't persuasive. And it > seemed to in

RE: Re: RE: RE: Re: humor

At 02:27 PM 3/29/01 -0500, you wrote: > >Q: How many neoclassical economists > does it take to screw in a light bulb? A: The bulb would not have burned out in the first place if not for government regulation. Eric .

RE: SC- Death of Employee Rights - Employers Can Force Arbitration on Employees

RE the AP report: > The arbitration law does not apply to employment > contracts for seamen, railroad employees > or any other class of workers engaged in foreign or > interstate commerce. > > Circuit City contended that the > exception from the > arbitration-enforcement law was limited > to work

RE: Re: Re: Re: Re: hires

RE > > Jagdish Bhagwati - who, despite his > free-trade zealotry is a quirky and > open-minded guy - he lamented the > mediocrity of the left candidates. .. I recollect reading sometime within the past year from an economist denied tenure are Columbia complaining about the unusual amount of unfai

Query on collusion-fostering government programs

Pen-l folks: Some have argued that certain great depression and WWII programs that brought US firms together to help plan industry output contributed to these firms being able to achieve collusion after the end of these programs. Not only did firms in these government organized industry groups l

What next for the Greens?

, might lead to greater Demo success. Eric . Eric Nilsson Department of Economics California State University San Bernardino, CA 92407 [EMAIL PROTECTED]

RE: RE: RE: Re: Re: Re: Re: voting for Nader

My Dear Max, RE > Now now, Eric. My question was much > more focused than that. You said Gore would provide more > space for progressive > movements. I asked *how* 8 yrs of > Clinton has done so. Gore would provide a better atmosphere than Bush. Nader would provide a better atmosphere than Go

RE: Re: Re: Re: Re: voting for Nader

I initially wrote, > But the bottom line is who do you want--Bush or Gore--appointing > people to, say, the National Labor Relations Board? Some responses have ranged from 1. my question leads directly to fascism (Carrol, Gar), 2. progressive politics might have been better off if Dole had become

RE: Query on slavery

RE > non-Marxists like Fogel, Engerman, and > Oakes . . . . tries to show that > the plantation system was both > profitable and efficient on capitalist > terms. I believe that current mainstream thought on slavery is that: 1) slave holders wanted to make money but they did not seek the highest p

RE: Requiem for a Dream

Louis, RE > ... CP'er Nathaniel West. West was in the CP? It makes sense to me, but who has said this? Eric

RE: Re: RE: Re: Re: Those questionable productivity numbers

Doug wrote > But why can't I compare the 24 with the > 131? They're both aggregates, > and the comparison shows that some > massive inflation of nominal > values is going on to produce the real values. > > These things get truly preposterous > over the long term - nominal > spending on computers g

RE: RE: Re: Re: Those questionable productivity numbers

Oops. RE > That is, 115 times 0.8 equals > about 141. Obviously "115 divided by 0.8" makes a bit more sense. Eric

RE: Re: Re: Those questionable productivity numbers

Doug wrote, first, >In the GDP accounts, final sales of computers grew $24 >billion in nominal terms (99Q2-00Q2), which was inflated into $131 >billion in real terms. Then, > See the spreadsheet at > . I looked at this spreadsheet. It is very hard to

Re: Those questionable productivity numbers

Doug wrote No, it implicitly claims that stuff gets 5 to 10 times better over the course of a year. 5-10% nominal inflates into 50% real. / / / / / / / / This is crazy. This is what price/productivity data published by the government (implicitly) says? Eric .

RE: A slight advantage of poverty

Brad wrote: By contrast, I view it differently. I see the economic mechanisms as very relevant. Modern capitalism has established and impersonal laws of motion that governments need to take into account in planning their policies, and that failure to do so--whether by Reagan, Garcia, or Alfonsin-

RE: Re: RE: Re: Re: Those questionable productivity numbers

Doug wrote: >The price indexes for computers are truly >stunning, turning nominal increases of 5-10% into real increases of >50%. U.S. GDP growth without computers over the last year is 5.2%; >with, 5.7%. In the GDP accounts, final sales of computers grew $24 >billion in nominal terms (99Q2-00Q2)

RE: Re: Re: Re: Re: Economics and Literature

RE >They are difficult, although there is some nice stuff in them. Hard as it is, there is some pretty language in the cahpter on commodity fetishism. -- and -- > The first few chapters of _Capital_. They *are* turgid and nearly unreadable, in the standard English translati

RE: Re: Re: Those questionable productivity numbers

(as claimed by Boskin et al)? And, if so, that productivity measures are understated when using these (too rapidly growing) price indexes. But little compelling evidence exists that quality improvements are understated when price indexes are generated. Eric Eric Nilsson Economics California

RE: Re: Re: pomotismo

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) an

RE: Econ texts - possible to teach Marx seriously?

Jim wrote >Though this is true, it is very abstract. The phenomenon of the >post-1973 stagnation of wages ...can be explained only at a lower >level of abstraction. ...I would explain it in terms of the end of the >nation-state-based "model" of capitalist accumulation which

1970s business philosophy and books

Does anyone know what management theories/philosophies and, in particular, business books were popular during the 1970s? I imagine that the pre-1973 oil shock theories/books would differ from the post-1973 theories/books. Eric Eric Nilsson Economics California State University, San Bernardino

RE: welcome back Peter Dorman

Michael wrote, >According to the latest available figures from the National Census >of Fatal Occupational injuries, 6,218 workers were killed in 1997, >up from 6,112 the year before. More recent data (for 1999) now at http://stats.bls.gov/news.release/cfoi.toc.htm LA Times recently (within last

RE: increasing profit rates

workers. Also important is the rise in the 1990s of the CULT OF THE STOCK MARKET. “The stock market demands that we …. You see it really isn’t our fault – it is the stock market’s fault – and we are all, after all, now stock market investors as the mass media tells us so ….” Eric Eric Nilsson

RE: Wage Setting

ge-reducing firms. Yes this might be somewhat incoherent but I'm making this stuff up now (coherence and weird econometics will follow in the months ahead). Eric Eric Nilsson Economics California State University, San Bernardino San Bernardino, CA 91711 [EMAIL PROTECTED] winmail.dat

  1   2   3   4   >