Re: Sowell

2004-07-04 Thread Devine, James
Shane Mage writes:>Under rigorous "neoclassical" analysis it is easily demonstrated< of course, rigorous neoclassical analysis is not the same as the Chicago-school neoclassical analysis embraced by Sowell. For the latter, "rigorous" refers to "free market." jd

Re: Sowell and the big lie.

2004-07-04 Thread ravi
David B. Shemano wrote: > Melvin P. writes: > >>>On affirmative action he would be run out of the podium and forced to > understand the real meaning >>of traditional American justice. The poor > would most certainly string him up and I would not object. > > As Godwin's Law approaches, I am done wit

Re: Sowell

2004-07-03 Thread Grant Lee
Melvin said: > So how is incompatible with Marxism that raising wages above >market levels can reduce employment? He just decided that the >living conditions of sugar workers were less important than the needs >of "the economy." "In my estimate raising wages will eventually cause unemployment i

Sowell a Marxist?

2004-07-03 Thread Cy Gonick
For what it is worth I attended graduate school at Columbia University at the same time as Sowell and we became friends of a kind. Sowell was no Marxist back then, or Leftist for that matter. He was a keen admirer and defender of Marx's economics -- a Marxoligist it would be later called. I

Re: Sowell

2004-07-03 Thread sartesian
Correction: I said 30 years ago referring to Buckley's no-contest contest with the SEC. Actually it was 23 years ago and here are some details: In 1979, the SEC charged Buckley, the Rex Reed of American conservatism, with violating federal securities laws while attempting to forestall personal b

Re: Sowell and the big lie.

2004-07-02 Thread sartesian
  I'll eat Mr. Sowell alive and my brother would bury him for sure.     Peace   Melvin __   Cue the brother:   Brother Melvin puts some fire to the feet of the ideological tap dancers of capital, and the dancers head towards the emergency exits,  protesting the

Re: Sowell and the big lie.

2004-07-02 Thread Waistline2
In a message dated 7/2/2004 6:42:37 PM Central Standard Time, [EMAIL PROTECTED] writes: As Godwin's Law approaches, I am done with the thread.    David Shemano   Comment   I understand  . . . but there are times I speak as an insurgent partisan. I would debate Mr. Sowe

Re: Sowell and the big lie.

2004-07-02 Thread David B. Shemano
Melvin P. writes:   >>On affirmative action he would be run out of the podium and forced to understand the real meaning >>of traditional American justice. The poor would most certainly string him up and I would not object.   As Godwin's Law approaches, I am done with the thread.    Davi

Re: Sowell

2004-07-02 Thread s.artesian
THIS WE MUST PARSE... -Original Message- From: "David B. Shemano" <[EMAIL PROTECTED]> Sent: Jul 2, 2004 6:19 PM To: [EMAIL PROTECTED] Subject: Re: [PEN-L] Sowell "Traditional justice, at least in the American tradition, involves treating people the same, hol

Re: Sowell and the big lie.

2004-07-02 Thread Waistline2
shoes are making such fabulous amounts of money? And that's certainly true.   Comment   This entire discussion concerning Mr. Sowell has an unreal quality that originates in his biases and dishonest assessment with the actual life of American society. Traditional justice in America have

Re: Sowell

2004-07-02 Thread Michael Perelman
David, I mentioned before that Card and Krueger found just the opposite: that journals would not consider articles that suggested that min. wage laws do not cause unemployment. On Fri, Jul 02, 2004 at 11:23:44AM -0700, David B. Shemano wrote: > Charles Brown writes: > > >> Sowell p

Re: Sowell

2004-07-02 Thread Kenneth Campbell
I really thank you for this piece, David. It was more articulate than that which had come in quotes before. But Mr Sowell does still seem quite... you know... stupid. You actually quote this: >Liberals tend to describe what they want in terms of >goals rather than processes, and not

Re: Sowell

2004-07-02 Thread David B. Shemano
Regarding Sowell's transformation, the problem here is one of email communication confusion and I have contributed. In the Salon interview, the question to Sowell was "So you were a Lefty once." Sowell responded "Through the decade of my 20s, I was a Marxist." T

Re: Sowell

2004-07-02 Thread Robert Naiman
Who is "Old Whiskers"? I thought it was "Uncle Whiskers." I've always suspected that Doug was a revisionist. At 04:50 PM 7/2/2004 -0400, you wrote: What Marxist would deny that "incentives" affect behavior? Didn't Old Whiskers say somewhere that an 800% return would draw forth capital from the moon

Imaginary Sowell Dialogue

2004-07-02 Thread k hanly
Sowell..I came to reject Marxism when I was studying affirmative action programmes for black entrepreneurs. Commentator: HOw is that?? Sowell..Well this black business owner benefitted from special loan rates and other govt. incentives. However, he still had to pay a minimum wage. He complained

Re: Sowell

2004-07-02 Thread Doug Henwood
What Marxist would deny that "incentives" affect behavior? Didn't Old Whiskers say somewhere that an 800% return would draw forth capital from the moon? Doug

Re: Sowell

2004-07-02 Thread k hanly
But what one earth has deciding that incentives rather than goals are more important in determining the way the world works got anything to do with rejecting Marxism or showing that there is something lacking in Marxism.? Also, why is what Sowell notices inconsistent with considering goals to be

Re: Sowell

2004-07-02 Thread s.artesian
t; Sent: Jul 2, 2004 3:31 PM To: [EMAIL PROTECTED] Subject: Re: [PEN-L] Sowell Mr. Sartesian writes: >> As long as we understand each other. >> >> Anybody who obscures the real source of poverty and immiseration and then argues >> that better >> is worse is a

Re: Sowell

2004-07-02 Thread David B. Shemano
Mr. Sartesian writes: >> As long as we understand each other. >> >> Anybody who obscures the real source of poverty and immiseration and then argues >> that better >> is worse is a hack. >> >> Don't know if that describes you personally. It probably does. Do you mind if I use it for my epita

Re: Sowell

2004-07-02 Thread s.artesian
; Sent: Jul 2, 2004 1:19 PM To: [EMAIL PROTECTED] Subject: Re: [PEN-L] Sowell Mr. Sartesian writes: >> I am very careful before calling someone a hack. Somebody who makes purely >> ethereal distinctions in order to obscure the ugly reality in order to >> justify the

Re: Sowell

2004-07-02 Thread David B. Shemano
Charles Brown writes: >> Sowell paints a picture of himself as having a rather shallow grasp of >> Marxism, if the narrow experience he describes really changed his mind. I'm >> pretty sure that there is no principle in Marxism that says that capitalists >> won&#x

Re: Sowell

2004-07-02 Thread David B. Shemano
ot;objectivity." Would it >> shock you if I said J. S. Mill was a hack, and a big one? Friedman is a >> hack, and never hackier than when he criticized the IMF for its role in the >> Asian and post-Asian financial collapse of 97-98. Now I understand. Anybody who disagrees

Re: Sowell

2004-07-02 Thread Kenneth Campbell
>CB: Well, sufferin' suckatash, is he saying the >government bureaucrats were Marxists ? Many of them are. (present tense) If you get to know them, of course. But, Charles... don't tell him that. Next thing you know, David Shemano might be against unions. (It is rumored that organized labor migh

Sowell

2004-07-02 Thread Charles Brown
From: "David B. Shemano" Some times you guys are just insufferable -- must you always resort to caricature? Read the entire exchange!! The relevant factor wasn't that minimum wage laws (not raising wages) reduce employment. It was the reaction of the government bureaucrats to his suggestion of an

Sowell

2004-07-02 Thread Charles Brown
Sowell paints a picture of himself as having a rather shallow grasp of Marxism, if the narrow experience he describes really changed his mind. I'm pretty sure that there is no principle in Marxism that says that capitalists won't lay people off in response to minimum wage hikes, if onl

Re: Sowell

2004-07-01 Thread Tom Walker
l order entrusted with an infallible, ineffable doctrine. Is it an accident that their conclusions invariably exalt the rationality of privilege? Or does that just happen to be true? It may have been "painfully clear" to Sowell that "as they pushed up minimum wage levels... employ

Re: Sowell

2004-07-01 Thread sartesian
And one more time: The argument that is made and couched in pseudo-economic terms, is not an argument, but an ideology where any mandatory increase in benefits to the dispossessed is blamed for the eventual increase in social misery. It is nothing but the argument for laissez-faire increases in e

Re: Sowell

2004-07-01 Thread sartesian
above, and flat out against, every bourgeois political economist. That's what I mean when I say hack. - Original Message - From: "David B. Shemano" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Thursday, July 01, 2004 5:49 PM Subject: Re: [PEN-L] Sowell > M

Re: Sowell

2004-07-01 Thread Carrol Cox
Kenneth Campbell wrote: > > > The Marxist perspective might be that this is a false consciousness and > wishing for the days of old ideologies (Santa Claus etc)... and people > pay money for it because it eases their feelings of being less than they > had thought they were (socially speaking). ? Ya

Re: Sowell

2004-07-01 Thread Devine, James
Mr. Shemano asks: > how about a discussion of explaining the price of concert tickets from a Marxist > perspective?< individual prices can't be explained or predicted using Marx's labor theory of value (more accurately, the law of value). Regular micro will do (though not the Chicago variant).

Re: Sowell

2004-07-01 Thread Kenneth Campbell
I appreciate the distinction between rising wages and minimum wages, David. Thanks. >Now that I got that off my chest, I am off to see Simon and >Garfunkel at the Hollywood Bowl. When I get back, how about a >discussion of explaining the price of concert tickets from a >Marxist perspective? Peop

Re: Sowell

2004-07-01 Thread David B. Shemano
Mr. Sartesian writes: >> It, the rise in wages, is not incompatible with increasing unemployment, but >> neither is it incompatible with rising employment. Sowell, or whoever wants >> to argue this point from the right, makes a superficial cause and effect >> between w

Re: Sowell

2004-07-01 Thread sartesian
It, the rise in wages, is not incompatible with increasing unemployment, but neither is it incompatible with rising employment. Sowell, or whoever wants to argue this point from the right, makes a superficial cause and effect between wage rates and employment levels, where there is none. And by

Re: Sowell

2004-07-01 Thread Shane Mage
k hanly wrote: "... the conclusion that minimum wages necessarily lead to greater unemployment is surely not that evident..." Indeed. Under rigorous "neoclassical" analysis it is easily demonstrated that under monopsonistic or monopsonistically competitive labor market conditions (ie., where the h

Re: Sowell

2004-07-01 Thread Devine, James
from his column on why journalists should study economics, one thing that strikes me as defining Sowell as a "hack" is that his approach is so _a priori_. He doesn't have to study _why_ black youth unemployment was so low during World War II. Instead, he _knows_ that it

Sowell

2004-07-01 Thread David Barkin
Apropos of the discussion on SOwell, I add the following from Greg Mahoney at GWU David Barkin MEXICO -- Forwarded Message --- From: gmahoney <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] Sent: Thu, 1 Jul 2004 14:00:56 -0400 Subject: RE: more on s. Have you ever seen Sowell’

Re: Sowell

2004-07-01 Thread Carl Remick
From: "David B. Shemano" <[EMAIL PROTECTED]> BTW, the Reason review of Doug Henwood's book is now online: http://www.reason.com/0406/cr.co.that.shtml Well that was two minutes wasted. I'd suggest that Reason critic Charles Oliver hold onto his day job, in which he "covers local government for The

Re: Sowell

2004-07-01 Thread Perelman, Michael
David wrote: "The relevant factor wasn't that minimum wage laws (not raising wages) reduce employment. It was the reaction of the government bureaucrats to his suggestion of an empirical test to determine why employment was falling, which led him to philosophically shift from the importance of go

Sowell

2004-07-01 Thread David B. Shemano
Doug Henwood writes (and others agree) >> >What made you turn around? >> > >> >What began to change my mind was working in the summer of 1960 as an intern >> >in the federal government, studying minimum-wage laws in Puerto Rico. It was >> >painfully clear that as they pushed up minimum wage levels

Re: Sowell

2004-07-01 Thread Waistline2
down world labor cost. Wal-Mart is a good buy for now.   Mr. Sowell tends to take partial expressions of the economy and generalize, while it would be more useful to  . . . say  . . . trace the development of labor in the auto industry from the time of Henry Fords "Five Dollar A Day&q

Re: Sowell

2004-07-01 Thread k hanly
ways to counteract these effects rather than just accepting them. For example by nationalising industries and subsidising them to ensure at lest a living wage etc. by putting controls on capital flight etc.etc. Passages such as this just confirm that Sowell hasnt a clue about Marxism . Prima facie

Re: Sowell

2004-07-01 Thread Grant Lee
Doug asked: > So how is incompatible with Marxism that raising wages above market > levels can reduce employment? He just decided that the living > conditions of sugar workers were less important than the needs of > "the economy." Like some present-day "socialists", he seems to thinks that using

Re: Sowell

2004-07-01 Thread Doug Henwood
Grant Lee wrote: > The wonders of the internet. Here is Sowell explaining his shift away from Marxism: http://www.salon.com/books/int/1999/11/10/sowell/index1.html David Shemano From that interview: "So you were a lefty once. Through the decade of my 20s, I was a Marxist. What made

Re: Sowell - follow up

2004-07-01 Thread Waistline2
In a message dated 7/1/2004 8:28:43 AM Central Standard Time, [EMAIL PROTECTED] writes: Mr. Sowell is of course no one fool or "boy"  . . . and most certainly not an Uncle Tom  . . . a characterization that can mean virtually anything depending on usage.   Comment -

Re: Thomas Sowell

2004-07-01 Thread Eugene Coyle
. Gene Coyle [EMAIL PROTECTED] wrote: Thomas Sowell June 29, 2004 /10 Tamuz, 5764 Excerpt  "Just as an artificially high price for wheat set by the government leads to a chronic surplus of wheat, so an artificially high price for labor set by the government leads

Re: Sowell

2004-07-01 Thread Waistline2
The wonders of the Internet.  Here is Sowell explaining his shift away from Marxism:  http://www.salon.com/books/int/1999/11/10/sowell/index1.htmlDavid Shemano   Comment   Mr. Sowell is of course no one fool or "boy"  . . . and most certainly not an Uncle To

Re: Sowell

2004-07-01 Thread Grant Lee
David Shemano said: > The wonders of the internet. Here is Sowell explaining his shift away from Marxism: http://www.salon.com/books/int/1999/11/10/sowell/index1.html > > David Shemano > >From that interview: "So you were a lefty once. Through the decade of my 20s, I

Re: Sowell

2004-07-01 Thread David B. Shemano
The wonders of the internet. Here is Sowell explaining his shift away from Marxism: http://www.salon.com/books/int/1999/11/10/sowell/index1.html David Shemano

Re: Thomas Sowell

2004-06-30 Thread Waistline2
Thomas Sowell June 29, 2004 /10 Tamuz, 5764 Excerpt   "Just as an artificially high price for wheat set by the government leads to a chronic surplus of wheat, so an artificially high price for labor set by the government leads to a surplus of labor â better known as unemployment. &

Re: Thomas Sowell

2004-06-30 Thread Devine, James
--- Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine - > From: Michael Perelman > Sent: Wednesday, June 30, 2004 8:11 AM > To: [EMAIL PROTECTED] > Subject: Re: [PEN-L] Thomas Sowell > > > David makes a good point, but with so much money and

Re: Thomas Sowell

2004-06-30 Thread David B. Shemano
Charles Brown writes: >> The answer , in general, is right where it seems to be. With very rare >> exceptions (if Moore is really one), the right , not the left will get gigs >> like Sowell's because of the right has money and the left doesn't, natch, >>

Re: Thomas Sowell

2004-06-30 Thread Devine, James
I wrote: >> I'll let David define [conservative]. << David Shemano answers: > A true conservative is somebody who agrees with me. That was easy.< the Wikipedia has an interesting article on conservatism at http://en.wikipedia.org/wiki/Conservative. Here's the introduction: >Conservatism or po

Re: Thomas Sowell

2004-06-30 Thread Devine, James
y, June 30, 2004 2:49 PM > To: [EMAIL PROTECTED] > Subject: Re: [PEN-L] Thomas Sowell > > > Daniel Davies writes: > > >> David, I cannot help noticing that you have written close > to 1000 words > >> about what a fantastic chap Thomas Sowell is, and not a

Re: Thomas Sowell

2004-06-30 Thread David B. Shemano
Jim Devine writes: >> Also, I don't know if Sowell is a careerist or not. I also wasn't saying that >> conservatives >> are wrong, though that's true. (Thanks for bringing that issue up!) They often >> don't >> believe in their own rhetoric.

Re: Thomas Sowell

2004-06-30 Thread David B. Shemano
Daniel Davies writes: >> David, I cannot help noticing that you have written close to 1000 words >> about what a fantastic chap Thomas Sowell is, and not a single word about >> the actual (IMO lousy) boilerplate free trade hackwork that was forwarded to >> the list.

Thomas Sowell

2004-06-30 Thread Charles Brown
As a Lefty myself, I have never really thought very much about whether Sowell and Thomas really believe what they say or not. My criticism of them is not based on their insincerety , but on the atrocious content of their political positions in general and on racism in particular. As a Black

Thomas Sowell

2004-06-30 Thread Charles Brown
el Perelman and Jim Devine are not given the public prominence that Sowell is. Michael Moore did creep up on them, as a sort of clown. I don't know all the specifics of his financing. He comes out of the "alternative" newspapers ( small business) in Michigan. He is not in the monopol

Re: Thomas Sowell

2004-06-30 Thread Michael Perelman
mindset, but the suspicion does seem legitimate for the movement conservatives, such as Sowell. On Tue, Jun 29, 2004 at 06:26:09PM -0700, David B. Shemano wrote: > To the extent this has any relevancy, I do not think this applies to Sowell and > certainly does not apply to Thomas. Again

Re: Thomas Sowell

2004-06-30 Thread Devine, James
e's a big admixture of feudalism and workers' control (control by the professors themselves, not the staff). The mix depends on the college. It's interesting that those that are the most capitalist (i.e., profit-seeking) in their principles are also the worst. Also, I don't

Re: Thomas Sowell

2004-06-29 Thread Daniel Davies
David, I cannot help noticing that you have written close to 1000 words about what a fantastic chap Thomas Sowell is, and not a single word about the actual (IMO lousy) boilerplate free trade hackwork that was forwarded to the list. This also, is a form of "argumentum ad hominem&

Re: Thomas Sowell

2004-06-29 Thread David B. Shemano
One more thing on Sowell and whether he is a hack. Ironically, he has an essay on his website on writing and editing. Apparently, he is not fond of academic prose. http://www.tsowell.com/About_Writing.html David Shemano

Re: Thomas Sowell

2004-06-29 Thread David B. Shemano
Laurence Shute writes:   "I agree with both: Jim's analysis of Sowell's article was great.  And some of Sowell's early stuff was quite good.  For example,  "Marx's 'Increasing Misery' Doctrine," American Economic Review, March 1960, pp. 111-12

Re: Thomas Sowell

2004-06-29 Thread Carrol Cox
Laurence Shute wrote: > >It > looks like he made his right turn around then. > An interesting ambiguity. "Right turn" means "turn to the right" or the "right turn to make." :-) Carrol

Re: Thomas Sowell

2004-06-29 Thread Michael Perelman
I think that Sowell, like Powell, has Caribbean roots. Sometimes, they look down on those whose ancestors were slaves here. I am sure someone here knows more about this than I do. Glen Lowry could not maintain his right wing discipline. -- Michael Perelman Economics Department California State

Re: Thomas Sowell

2004-06-29 Thread Devine, James
The conservatives _love_ affirmative action if it fits their needs. Clarence Thomas and Thomas Sowell have benefited mightily by being right-wing _and_ Black. The conservatives can say "look -- we're good-hearted too. We've got a Black man (or woman) on our side! There's no wa

Re: Thomas Sowell

2004-06-29 Thread Laurence Shute
ith both: Jim's analysis of Sowell's article was great.  And some of Sowell's early stuff was quite good.  For example,  "Marx's 'Increasing Misery' Doctrine," American Economic Review, March 1960, pp. 111-120.   I think I recall that Sowell had trouble finding a jo