[PEN-L] recent literature review of investment theory?

Can someone point to an article on recent literature review of investment theory? Yahoo! Photos Ring in the New Year with Photo Calendars. Add photos, events, holidays, whatever.

[PEN-L] new frontiers of blaming environmentalists

The boiling point is coming for the fight against climate change Environmentalists must use their anger at the government's betrayal on global warming to mobilise the mainstream Madeleine Bunting Monday January 16, 2006 The Gua

Re: [PEN-L] Narrowing the internet

At around 15/1/06 12:03 pm, michael perelman wrote: > Hey, Baby Bells: Information Still Wants to Be Free > By RANDALL STROSS > > That falls well short, however, of > Verizon's 15-megabit fiber-based service offered on the East Coast at > about the same price. But what about the 100-megabit service

[PEN-L] Whither AEA 2006?

[This note focuses on a few areas presented by the AEA and some closely related associations at the ASSA meetings in Boston this month. The wide range of "heterodox" presentations (URPE, EPS, AFEE, etc) are not covered] 1) Triumph yet stagnation It is hard to believe that the American Econo

[PEN-L] let them eat dust

from today's SLATE news summary: >The LA [TIMES] fronts a look into how reconstruction efforts are going in Iraq and says that there are no plans to renew funding after the $18.6 billion approved by Congress in 2003 runs out at the end of this year. Many of the projects are going unfinished since m

[PEN-L] Swans Release: January 16, 2006

http://www.swans.com/ January 16, 2006 -- In this issue: Note from the Editor: There comes a time, after scandal upon scandal, indictments, smoking gun memos, evidence of blatant disregard for law, mounting casualties, endless war, and pro-elite economic policies bankrupting state and local gover

Re: [PEN-L] cambridge criticism

Doesn't the cambridge criticism not apply with homogenous goods? Perhaps the reason sabermetricians can calculate things liek runs produced is becuase all their measures essentially proximate for something homogenous (a base). I'm not familiar with econometric type analysis for sports other than b

[PEN-L] I'm sorry for murder, but I'd do it again given the chance

On the recent murder of civilians in Pakistan: "We apologize, but I can't tell you that we wouldn't do the same thing again," said Sen. John McCain (R-Ariz.).

Re: [PEN-L] "the homogenization of Paul Krugman"

That exact same quote is in his recent co-authored micro text. What a piece of ideological rubbish. Its advice on policy is completely unsupported by orthodox economics (it says unequivocally that a minimum wage causes unemployment, no mention of monopsony...that liberalized trade will increase wel

[PEN-L] Recommendations

If anyone can recommend a few works on the following topics it would be greatly appreciated:   A Marxist analysis of the economic crises of the late 19th century (USA) that attempt to explain the crises as resulting from problems in the circulation of capital across space. In particular,

Re: [PEN-L] query

Jim Devine wrote: wasn't it Marx who said that there were two types of people in the world, those that like cats and those that like dogs? Nah, that was Dr Johnson, who said just about everything. Doug

Re: [PEN-L] query

the snake, of course, is a symbol for the Devil. But of course we _knew_ that secularists were evil. On 1/15/06, Doyle Saylor <[EMAIL PROTECTED]> wrote: > :-) > > Liberal theorists like Weber found that secularist favored snakes over > mammals due to cuddliness (corrupt luxury) factor. The libera

[PEN-L] Bush could seize absolute control of U.S

http://www.capitolhillblue.com/artman/publish/printer_7986.shtml Bush could seize absolute control of U.S. government By DOUG THOMPSON Publisher, Capitol Hill Blue Jan 13, 2006, 07:42 President George W. Bush has signed executive orders giving him sole authority to impose martial law, suspend hab

[PEN-L] "the homogenization of Paul Krugman"

Business Week/JANUARY 23, 2006 THE BOOK BIZ Making Nice To Make Sales In his column in The New York Times (NYT ), Paul Krugman is one of President George W. Bush's most outspoken foes. "Heck of a Job, Bushie," the Princeton University economist taunted on Dec. 30, accusing the President of breaki

Re: [PEN-L] cambridge criticism

The Cambridge-like argument is stronger for labor than for capital, especially when various workers are involved.  People who do econometrics on sports try to estimate how particular players on a team contribute.  They can do so -- probably not very accurately -- because of the variability

Re: [PEN-L] query

:-) Liberal theorists like Weber found that secularist favored snakes over mammals due to cuddliness (corrupt luxury) factor. The liberal state theorists have for almost a century used the snake icon as the ultimate liberal image of secularism. This has also provoked the reaction amongst the pu

Re: [PEN-L] query

wasn't it Marx who said that there were two types of people in the world, those that like cats and those that like dogs? ;-) On 1/15/06, Carrol Cox <[EMAIL PROTECTED]> wrote: > Engels defends cats against Duhring's attack on them. > > :-) > > Carrol > -- Jim Devine "The price one pays for pursui

Re: [PEN-L] People who think that "rational economic man" is sociopathic might find this a bit humorous

On 1/15/06, Michael Nuwer <[EMAIL PROTECTED]> wrote: > Institutionalist(the old ones) and some Post Keynesian > have proposed some or all of the following: > > (i) the principle of procedural rationality, > (ii) the principle of satiable needs, > (iii) the principle of separability of needs, > (iv)

Re: [PEN-L] query

:-) I think this definitely must be put in the context of reptile versus mammal. I'm sure Engels would have got to that as well but there is a limit to a lifetime of work. Doyle Just to be clear I'm :-) On Jan 15, 2006, at 12:47 PM, Carrol Cox wrote: Engels defends cats against Duhring's atta

Re: [PEN-L] query

Engels defends cats against Duhring's attack on them. :-) Carrol

Re: [PEN-L] People who think that "rational economic man" is sociopathic might find this a bit humorous

That is mostly right. They believe external costs exist, but the idea of "social cost" is fallacious because it requires adding up costs and utilities of different people (I am unsure of how to assess this claim about what social cost requires). This is basically the definitive Austrian statement

Re: [PEN-L] query

Greetings Economists, Yoshie writes, (quoting the German Ideology) A very cheap method to produce the semblance of being profound and speculative in the German manner. For example: Fact: The cat eats the mouse. Reflection: Cat — nature, mouse — nature, consumption of mouse by cat = consumptio

Re: [PEN-L] cambridge criticism

Michael Lebowitz, > True, the neo-Walrasian approach did bypass that critique, but for me > that response was always the 'bait and switch' approach. What has > done ideological service has never been the neo-walrasian GE stuff > but, rather, the good old marginal utility everyone gets what she > d

Re: [PEN-L] query

On Jan 15, 2006, at 10:41 AM, Jim Devine wrote: in his VALUE, PRICE & PROFIT, Karl Marx writes: If you consider that two-thirds of the national produce are consumed by one-fifth of the population [the capitalists] ... you will understand what an immense proportion of the national produce must

Re: [PEN-L] People who think that "rational economic man" is sociopathic might find this a bit humorous

Here's my story (and I'm sticking to it). S.J. Chapman is The Man. Knighted in 1920, Principal Secretary to the UK Board of Trade 1920-1927, Chief Economic Advisor to the UK govt. 1927-1932. Neither a kook nor a raving radical.The "story" is the primal game of fort/da -- now you see it... no

Re: [PEN-L] cambridge criticism

I've been thinking about the cambridge criticism a lot recently, specifically in regard to a parellel I noticed about what happens to the marginal contribution of labour if you remove the simplifying assumption that the given hours are optimal.  The actual marginalist theory (S.J. Chapman) argu

Re: [PEN-L] People who think that "rational economic man" is sociopathic mightfind this a bit humorous

Michael Nuwer wrote: > > The story that neoclassicals tell is plausible to many > who live in this atomisitic world where people are > separated by markets. Given this world, what kind of > story can you or I tell that doesn't appear to be a > fantasy? (I mean this as a sincere question, for I'm >

Re: [PEN-L] UFW

Michael Yates wrote: The articles by Miriam Pawel in last weeks LA Times have the definite ring of truth to them. As did the previous series in the Bakersfield (CA) newspaper. Many years ago there was a series in the Village Voice perhaps even more devastating to the UFW. But all tell the same

[PEN-L] Narrowing the internet

From here, it will be easier to let corporations follow China and make free communication via the Internet difficult. January 15, 2006 Digital Domain Hey, Baby Bells: Information Still Wants to Be Free By RANDALL STROSS AT the top of my wish list for next year's Consumer Electronics Show is

Re: [PEN-L] People who think that "rational economic man" is sociopathic might find this a bit humorous

--- Jim Devine <[EMAIL PROTECTED]> wrote: > On 1/15/06, Michael Nuwer <[EMAIL PROTECTED]> wrote: > > Jim, what is it that like about Heyne's book? > > I _don't_ like Heyne's book. Yes, I did understand that :-). > Rather, it's the idea > of having a small > list of aspects to a "way of thinking"

Re: [PEN-L] People who think that "rational economic man" is sociopathic might find this a bit humorous

I recall the Sandwichman being very good on this point a while back.  He pointed out that "their" story is so deeply entrenched that any challenge to it is treated as coming from a crank.  That someone telling an alternate story to, say, a journalist or legislator,  must first give a complicate

[PEN-L] Guerrillas

Recently on the Maxism list I moderate, where all my film reviews are initially posted, there was a discussion about the Symbionese Liberation Army. There was a consensus that this terrorist group of the mid-1970s was completely disconnected with the broader radical movement, even more so than

[PEN-L] obit. for Maurice Beresford, economic historian

Professor Maurice Beresford Economic historian and author of 'The Lost Villages of England' who pioneered 'landscape history' Published: 14 January 2006 Maurice Warwick Beresford, economic historian: born Sutton Coldfield, Warw

Re: [PEN-L] People who think that "rational economic man" is sociopathic might find this a bit humorous

--- Eugene Coyle <[EMAIL PROTECTED]> wrote: > Basically we need a story to replace the story > neoclassical economists > tell. Their story is accepted by policy makers and > journalists, partly > because it supports the right interests, partly > because it has been > accepted so long by so many.

[PEN-L] query

in his VALUE, PRICE & PROFIT, Karl Marx writes: >If you consider that two-thirds of the national produce are consumed by one-fifth of the population [the capitalists] ... you will understand what an immense proportion of the national produce must be produced in the shape of luxuries, or be exchange

Re: [PEN-L] People who think that "rational economic man" is sociopathic might find this a bit humorous

On 1/15/06, Michael Nuwer <[EMAIL PROTECTED]> wrote: > Jim, what is it that like about Heyne's book? I _don't_ like Heyne's book. Rather, it's the idea of having a small list of aspects to a "way of thinking" that I think may be useful. > It seems > to me that Heyne (and his coauthors) ascribe to

[PEN-L] UFW

The articles by Miriam Pawel in last weeks LA Times have the definite ring of truth to them. As did the previous series in the Bakersfield (CA) newspaper. Many years ago there was a series in the Village Voice perhaps even more devastating to the UFW. But all tell the same story: a union turned

Re: [PEN-L] People who think that "rational economic man" is sociopathic might find this a bit humorous

--- Jim Devine <[EMAIL PROTECTED]> wrote: > rather than starting with General Equilibrium (and > similar), someone > should look at Heyne's "Economic Way of Thinking" > and present an > alternative, one where "Way" is made plural. > Jim, what is it that like about Heyne's book? It seems to me tha

Re: [PEN-L] People who think that "rational economic man" is sociopathic might find this a bit humorous

Julio Huato wrote: Ted's summary of Keynes' views on capitalism is excellent. May I just add that, in the Keynesian long run, the economic problem will be solved, detestable money making will be superseded, but also -- why bother -- "we will all be dead." Keynes's point, in the context where