Re: [PEN-L] new frontiers of sheer lunacy

Friends, I'd like to write a popular piece for a Turkish daily on a very fast evolving phenomenon in Turkish economy: a huge unaffordable credit card debt. My sense is that the Turkish regulations are much more stricter than the US and European ones. To make a comparative (and pro-consumer) analys

[PEN-L] credit card debt & personal bankruptcy

Sorry for the duplication due to a wrong "subject." Friends, I'd like to write a popular piece for a Turkish daily on a very fast evolving phenomenon in Turkish economy: a huge unaffordable credit card debt. My sense is that the Turkish regulations are much more stricter than the US and European o

[PEN-L] New SPACE classes begin today

** The New SPACE (The New School for Pluralistic Anti-Capitalist Education) ** Teachers, speakers, and organizers at The New SPACE include: Stanley Aronowitz, Jack Z. Bratich,

[PEN-L] Subject: college dropout condmens US education

Ian, In fall 2003, the Gates Foundation gave a couple of million bucks to the St. Hope Academy (led by former NBA star Kevin Johnson) to run Sacramento High School, located in a low-income area (Oak Park), as a charter school. Parents and union members opposed this move, backed by the Sacramento Ci

Re: [PEN-L] Subject: college dropout condemns US education

[I'll try to reply to Seth's comments in a later post. I'd only note that Melinda Gates is an economist and that Billsville -Redmond, WA- is loaded with rich libertarians...They are a force to be reckoned with] http://www.latimes.com/news/opinion/commentary/la-oe-gates1mar01,0,6675841.s tory COM

Re: [PEN-L] Subject: college dropout condemns US education

We could do worse than Bill Gates on this issue - unlike the Walton family (nos. 4-8 on the Forbes 400), he's not pushing a voucher/privatization agenda. His stuff on vaccination isn't bad either. And he shut up all those New Economy cheerleaders in the late 1990s, who thought all Africa needed was

Re: [PEN-L] The economics of incarceration

Interesting. Subjectively, I would agree with the conclusion that we are incarcerating too many. For example, if the costs of incarceration are $46,000/year, we ought to be able to rehabilitate many criminals for less than that. But how can one derive an optimal level of incarceration without consi

Re: [PEN-L] The economics of incarceration

Doesn't the calculation of the "optimal level or rate of incarceration" depend on one's "social welfare function," i.e., how one weights costs and benefits, so a pro-working-class number would be different from (lower than) a bourgeois one? Jim Devine, e-mail: [EMAIL PROTECTED] web: http://myweb.l

Re: [PEN-L] The economics of incarceration

"Devine, James" wrote: > > Doesn't the calculation of the "optimal level or rate of incarceration" > depend on one's "social welfare function," i.e., how one weights costs > and benefits, so a pro-working-class number would be different from > (lower than) a bourgeois one? A pro-working class numb

Re: [PEN-L] The economics of incarceration

The author admits that he is making no effort to take account of anything other than the direct economic cost of crime. Even on that narrow basis, he finds that the excessive incarceration makes no sense. You might also note the publication source -- the Milken Institute Review -- although his

Re: [PEN-L] The economics of incarceration

--- Peter Hollings <[EMAIL PROTECTED]> wrote: Interesting. Subjectively, I would agree with the conclusion that we are incarcerating too many. For example, if the costs of incarceration are $46,000/year, we ought to be able to rehabilitate many criminals for less than that. --- Hell, you could pr

Re: [PEN-L] credit card debt & personal bankruptcy

ertugrul ahmet tonak wrote: To make a comparative (and pro-consumer) analysis I need some info re. personal bankruptcy regulations and, specifically the way they are applied to credit card debt. Thanks. In the U.S., it's pretty easy to wipe out credit card debt with a bankruptcy filing, and the co

Re: [PEN-L] The economics of incarceration

> > Hell, you could probably keep a lot of petty criminals > off the street by just PAYING him or her $46,000/year. Hey, it's that what Congress, the armed forces, business schools, etc. are for? Jim Devine

Re: [PEN-L] The economics of incarceration

I almost said that, but for the moral hazard. Peter Hollings -Original Message- From: PEN-L list [mailto:[EMAIL PROTECTED] On Behalf Of Chris Doss Sent: Tuesday, March 01, 2005 12:06 PM To: PEN-L@SUS.CSUCHICO.EDU Subject: Re: [PEN-L] The economics of incarceration --- Peter Hollings <[E

[PEN-L] Jared Diamond's "Collapse", part one

Jared Diamond's "Collapse: How Societies Choose to Fail or Succeed" is currently listed at #7 on Amazon.com. It is of some interest that such a book has become a best-seller since it explicitly addresses the question of whether the USA might eventually fail, just as Rome or other empires did in

[PEN-L] query: intro macro textbook

What intro macro textbook is acceptable? (until MACROECONOMICS IN CONTEXT is released.) Jim Devine, e-mail: [EMAIL PROTECTED] web: http://myweb.lmu.edu/jdevine/

Re: [PEN-L] New SPACE classes begin today

The New SPACE (The New School for Pluralistic Anti-Capitalist Education) UPCOMING CLASSES AND TALKS (course descriptions appear below) . "Capital, Volume I." Instructor: Andrew Kliman Tuesdays, 6-7:30 pm, March 1-June 14. Tuition: $150-$180, sliding scale. Isn't this the fellow th

Re: [PEN-L] New SPACE classes begin today

Thomas Lepeardo wrote: The New SPACE (The New School for Pluralistic Anti-Capitalist Education) UPCOMING CLASSES AND TALKS (course descriptions appear below) . "Capital, Volume I." Instructor: Andrew Kliman Tuesdays, 6-7:30 pm, March 1-June 14. Tuition: $150-$180, sliding scale. I

Re: [PEN-L] New SPACE classes begin today

Please, let's not start this again. On Tue, Mar 01, 2005 at 05:05:21PM -0500, Doug Henwood wrote: > Thomas Lepeardo wrote: > > >>The New SPACE > >>(The New School for Pluralistic Anti-Capitalist > >>Education) > >>UPCOMING CLASSES AND TALKS (course descriptions appear > >>below) > > > >..

[PEN-L] The Ghosts of Karl Marx and Edward Abbey

Monthly Review, March 2005 The Ghosts of Karl Marx and Edward Abbey by Michael D. Yates Michael D. Yates is associate editor of Monthly Review. For many years he taught economics at the University of Pittsburgh at Johnstown. He is the author of Naming the System: Inequality and Work in the Global

[PEN-L] Evidence of real estate bubble?

March 1, 2005 Speculators Seeing Gold in a Boom in the Prices for Homes *By MOTOKO RICH * SUNNY ISLES, Fla., Feb. 25 - Within six months last year, Carlos and Betti Lidsky bought and sold two condominiums. Then they bought and sold two houses. They say they will clear a half-million d

Re: [PEN-L] new frontiers of sheer lunacy

From: Eubulides <[EMAIL PROTECTED]> http://news.ft.com/cms/s/6be27ed0-89da-11d9-aa18-0e2511c8.html Wolfowitz on shortlist for World Bank top post By Andrew Balls and Edward Alden in Washington Published: March 1 2005 00:43 | Last updated: March 1 2005 00:43 [It seems they're selecting a differe

[PEN-L] Changing Detroit: Past, Present, Future March 1, 2005

Press Release:  Changing Detroit:  Past, Present, FutureMarch 1, 2005(Please forward to interested parties.)"Detroit's Tsunami"Thursday, March 31, 2005 from 6-9 p.m.Adamany Undergraduate Library, Community Room, 3rd Floor"Thinking Outside the Box"Thursday, April 28, 2005 from 6-9 p.m.Student Cente

[PEN-L] Vermont: Town Meeting Revolt Over Iraq War

In Vermont, a Town-Meeting revolt over Iraq war Mon Feb 28,10:05 AM ET On Tuesday, one-fifth of Vermont towns will consider what role the state's National Guard should play in the war. By Sara B. Miller, Staff writer of The Christian Science Monitor HUNTINGTON, VT. - This is a town with no dine

[PEN-L] Toronto Star: Standing Up To U.S. Will Gain Us Respect Abroad

Published on Sunday, February 27, 2005 by the Toronto Star Standing Up to U.S. Will Gain Us Respect Abroad by Linda McQuaig It's now clear how the Bush administration sees things: Canadian sovereignty exists only at its pleasure. If we do what Washington wants, we retain our sovereignty. If w

Re: [PEN-L] credit card debt & personal bankruptcy

On Tuesday, March 1, 2005 at 11:59:13 (+0200) ertugrul ahmet tonak writes: >... >I'd like to write a popular piece for a Turkish daily on a very fast >evolving phenomenon in Turkish economy: a huge unaffordable credit card >debt. My sense is that the Turkish regulations are much more stricter >tha

[PEN-L] Hamba Kahle Guy Mhone

There is some awful news to transmit, I'm afraid.   Yesterday just after lunch, while in class at the Wits Grad School Public and Development Management, we got word that the progressive economist Guy Mhone passed away in a Pretoria hospital. In his early 60s, he had been in intensive care f