Re: The New Economy Goes Bust

2001-12-11 Thread Michael Perelman
The one number that stands out is Hungary at 1.0, cheaper than Indonesia. Way cheaper than Poland. Rob Schaap wrote: > Table of international business operating costs > LONDON, Dec 11 AAP|Published: Tuesday December 11, 10:33 PM > > http://www.theage.com.au/breaking/2001/12/11/FFX674JKCQC.html

Re: Re: Re: Re: Re: The New Economy Goes Bust

2001-12-09 Thread Michael Perelman
Isn't the Gap on of the most intransigent sweatshop-dependent companies, relying on Chinese workers that go to Guam on false pretenses and who then live in barracks? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]

Re: Re: Re: Re: The New Economy Goes Bust

2001-12-09 Thread Carl Remick
>From: Rakesh Bhandari > >>the changing nature of work, > >Doug, have you had a chance to read Frederick Abernathy, John Dunlop, >Janice Hammond and David Weil, A Stitch in Time: Lean Retailing and the >transformation of mfg --lessons from the apparel and textile industries >(oxford, 1999)? Hav

Re: Re: Re: Re: Re: The New Economy Goes Bust

2001-12-09 Thread ALI KADRI
Why are the average growth calculations from peak to peak, ie 1989 to 2000. these are base year sensitive, but maybe he has something else in mind. --- Michael Perelman <[EMAIL PROTECTED]> wrote: > the World Trade attack greatly reduced the > attractiveness of Just-In-Time > inventory reduction.

Re: Re: Re: Re: The New Economy Goes Bust

2001-12-08 Thread Michael Perelman
the World Trade attack greatly reduced the attractiveness of Just-In-Time inventory reduction. But then business may have forgotten about it now that the emergency has passed. On Sat, Dec 08, 2001 at 06:43:21PM -0800, Rakesh Bhandari wrote: > > the changing nature of work...and the ideology o

Re: Re: Re: The New Economy Goes Bust

2001-12-08 Thread Rakesh Bhandari
> the changing nature of work...and the ideology of the New Economy >(which I read as an exuberant variant on post-industrialism, a >doctrine that's been ripening for at least 30 years). Doug, any explicit discussion of this book: Technology and Capital in the Age of Lean Production : A Marxi

Re: Re: Re: The New Economy Goes Bust

2001-12-08 Thread Rakesh Bhandari
> > the changing nature of work, Doug, have you had a chance to read Frederick Abernathy, John Dunlop, Janice Hammond and David Weil, A Stitch in Time: Lean Retailing and the transformation of mfg--lessons from the apparel and textile industries (oxford, 1999)? Haven't read it. It seems to be

Re: Re: The New Economy Goes Bust

2001-12-08 Thread Doug Henwood
Carl Remick wrote: >>From: Michael Perelman <[EMAIL PROTECTED]> >> >>Michael Meerpol said that penners might be interested in Dean Baker's >>The New Economy Goes Bust. I think that he is correct. >> >>http://www.cepr.net/new_economy_goes_bust.htm > >I notice the summary comment here, "Even the m

Re: The New Economy Goes Bust

2001-12-07 Thread Carl Remick
>From: Michael Perelman <[EMAIL PROTECTED]> > >Michael Meerpol said that penners might be interested in Dean Baker's >The New Economy Goes Bust. I think that he is correct. > >http://www.cepr.net/new_economy_goes_bust.htm I notice the summary comment here, "Even the most cursory review of the da

Re: the new economy?

2001-09-10 Thread Gar Lipow
I tend to very suspicious of this sort thing, after the McMartin fiasco and so on. Not that there is not a great deal of child abuse, and not that it is not horrible and worthy of being fought. But exaggerating the extent of it seems to be a basis for a lot of destruction of Civil liberties. Tod

Re: the new economy?

2001-09-10 Thread Gar Lipow
Not impossible, but I would wait for some info on methodology and sample size before accepting this as fact... Jim Devine wrote: > > from SLATE, 9/10/01: > >USA [TODAY] ... leads ... with a story nobody else fronts: A University of > >Pennsylvania study out today estimating that about 325,000 U.

Re: Re: The New Economy ????

2000-06-12 Thread Michael Perelman
Again, I cannot put a number on it, but the ability to mark up goods looks identical to productivity gains in the data, unless labor can regain lost ground through comparable wage gains. Jim Devine wrote: > To what extent is the rise in labor productivity growth due to unmeasured > (and unpaid)

Re: The New Economy ????

2000-06-12 Thread Jim Devine
To what extent is the rise in labor productivity growth due to unmeasured (and unpaid) increases in the number of hours of work done, i.e., stretch-out, or due to increases in the intensity of labor (work done per hour of work-time), i.e., speed-up? At least one observer argued that the surge

Re: Re: The new economy

2000-04-04 Thread Carrol Cox
Timework Web wrote: > We are in for interesting times. I believe there's an old proverb that goes something like, "Woe to those who live in interesting times." Carrol

Re: The new economy

2000-04-04 Thread Timework Web
Michael Perelman asked: > The question is, how would this economy respond to collapse in stock > market prices? A glance at the historical stats on Nasdaq reveals that market valuation quadrupled from a total of $1.5 trillion in 1996 to around $6 trillion in February 2000. Using those figures a

Re: The new economy

2000-04-04 Thread Charles Brown
>>> Louis Proyect <[EMAIL PROTECTED]> 04/03/00 11:36AM >>> Bill did not address a question which occurred to me after his talk. In the old days, boom and bust was very much related to the heavy capital expenditures of industries that formed the core of American industry. For example, the sharp

Re: The new economy

2000-04-04 Thread Michael Perelman
Louis's point is very interesting. The railroad industry relied heavily on the bond market for its funds. In the new economy with the high flying stock market, companies such as Cisco purchase other companies using its inflated stock. Money that would go to pay executives comes from the stock o