RE: Re: Binary scheme of democracy and centralism

2002-04-18 Thread Devine, James
>Perhaps plutocratic dictatorship, or plutocracy is better.< when I see the word "plutocracy," I am reminded of two things: (1) Years ago, I read an article in the PROCEEDINGS of the U.S. Navy Institute that labeled the U.S. system using this word. Was this a move in the direction of increasing

Re: Re: Binary scheme of democracy and centralism

2002-04-17 Thread Michael Perelman
Sabri must have looked at my office. On Wed, Apr 17, 2002 at 08:43:10PM -0700, Sabri Oncu wrote: > > Shut them down, too. -- JD > > > >> Well, Ian wants to close the business schools > >> and I want to shut down economics departments. > >> What do you all think of Anthropology? > >> > >> Gene >

RE: Re: Re: Re: Binary scheme of democracy and centralism

2002-04-17 Thread Devine, James
Shut them down, too. -- JD -Original Message- From: Eugene Coyle To: [EMAIL PROTECTED] Sent: 4/17/02 7:06 PM Subject: [PEN-L:25087] Re: Re: Re: Binary scheme of democracy and centralism Well, Ian wants to close the business schools and I want to shut down economics departments. What

Re: Re: Re: Binary scheme of democracy and centralism

2002-04-17 Thread Eugene Coyle
Well, Ian wants to close the business schools and I want to shut down economics departments. What do you all think of Anthropology? Gene Ian Murray wrote: > - Original Message - > From: "Sabri Oncu" <[EMAIL PROTECTED]> > To: "PEN-L" <[EMAIL PROTECTED]> > Sent: Tuesday, April 16, 2002 8

Re: Re: Re: Binary scheme of democracy and centralism

2002-04-16 Thread Ian Murray
There's a bit of the TC approach in John Commons as well.. Ian - Original Message - From: "Michael Perelman" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Tuesday, April 16, 2002 10:07 PM Subject: [PEN-L:25027] Re: Re: Binary scheme of democracy and

Re: Re: Binary scheme of democracy and centralism

2002-04-16 Thread Michael Perelman
Transactions cost economics -- this will be brief after 6 hours of classes, 2 hours at the gym -- starts with Ronald Coase, who explains that firms arise to minimize the cost of negotiating via markets, say by writing a contract with specific requirements. Robertson refered to firms as islands of

Re: Re: Binary scheme of democracy and centralism

2002-04-16 Thread Ian Murray
- Original Message - From: "Sabri Oncu" <[EMAIL PROTECTED]> To: "PEN-L" <[EMAIL PROTECTED]> Sent: Tuesday, April 16, 2002 8:30 PM Subject: [PEN-L:25023] Re: Binary scheme of democracy and centralism > Michael writes: > > > You are absolutely correct. > > > > "Devine, James" wrote: > > >

Re: RE: Re: Binary scheme of democracy and centralism

2002-04-16 Thread michael perelman
You are absolutely correct. "Devine, James" wrote: > My impression is that Williamson studies non-market institutions in order to > show that corporate hierarchies are a good thing. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mai

RE: Re: Binary scheme of democracy and centralism

2002-04-16 Thread Devine, James
Sabri writes:>There is an interesting book by Oliver Williamson that I bought a while ago but have not read yet. It is entitled something like "Institutions of Capitalism" or some such name. He is the founder of this "transaction costs economics" and will most likely receive a Noble [sic!] Prize i

Re: Re: Binary scheme of democracy and centralism

2002-04-15 Thread Ian Murray
- Original Message - From: "Sabri Oncu" <[EMAIL PROTECTED]> > Hey Ian, > > In the world of finance, what you said is called "saving ass" or > "ass saving", depending on which one you like more. If you are > someone with some authority and have those below you with lots of > responsibility

Re: Re: Binary scheme of democracy and centralism

2002-04-15 Thread Ian Murray
- Original Message - From: "Sabri Oncu" <[EMAIL PROTECTED]> To: "PEN-L" <[EMAIL PROTECTED]> Sent: Monday, April 15, 2002 3:11 PM Subject: [PEN-L:24950] Re: Binary scheme of democracy and centralism > Miyachi wrote: > > > From the viewpoint of Stalinism, the content of > > centralization