[PEN-L] Nursing homes: “They’ve created a hellhole”

2007-09-23 Thread Louis Proyect
(This article is too long to post in its entirety but well worth reading.) September 23, 2007 More Profit and Less Nursing at Many Homes By CHARLES DUHIGG Habana Health Care Center, a 150-bed nursing home in Tampa, Fla., was struggling when a group of large private investment firms purchased it

[PEN-L] Alex Cockburn on Naomi Klein's Shock Doctrine

2007-09-23 Thread Stephen E Philion
This is an excerpt of one of the best pieces I've read by Cockburn in recent times: http://counterpunch.org/cockburn09222007.html Weekend Edition September 22 / 23, 2007 CounterPunch On Naomi Klein's "The Shock Doctrine" Where Klein would presumably claim originality is in identifying the taxo

Re: [PEN-L] Queery about Greenspan and productivity

2007-09-23 Thread Jim Devine
me: > if they simply involve changing who has property rights for some > commodities, work at "WalMart checkout desks and McDonald > drive-through windows" is not productive in Marx's sense. (It's part > of the necessary overhead.) if the people who work there provide > services beyond that, they

[PEN-L] Vzla & farms

2007-09-23 Thread Jim Devine
[awhile back, David Shemano mentioned the possibility of this kind of process. Is the following story accurate? FWIW, a few years ago, it might have been news if one of the poorer countries in the world did _not_ have price controls on foodstuffs. It's only in the neoliberal era that the absence of

Re: [PEN-L] Queery about Greenspan and productivity

2007-09-23 Thread Eugene Coyle
I see that there are several additional responses on this thread which I haven't yet gotten to. I've been away for a bit. But the question I am asking is different than in what technology or what industries the productivity gains came from. My question is more about what I think is the o

[PEN-L] The Last Winter

2007-09-23 Thread Louis Proyect
“The Last Winter” is a horror movie about global warming. Influenced by “The Shining”, “The Thing” and “The Blair Witch Project,” but certainly something unique on its own terms, it focuses on a small group of oil company employees who constitute the advance guard of an assault on the Arctic Na

Re: [PEN-L] Query about the end of work

2007-09-23 Thread Eugene Coyle
Jim, Thanks for the references. In regard to Leontief, he had a long standing belief that "automation" or productivity would lead to growing unemployment. I cannot put my hands just now on his collection "Essays in Economics" but in there he is pretty clear on this. The collection inclu

[PEN-L] Verdoorn's law & hysteresis [was: Query about Greenspan and productivity]

2007-09-23 Thread Jim Devine
On 9/23/07, Eugene Coyle <[EMAIL PROTECTED]> wrote: > What I mean is that consumer > demand is a factor in productivity gains. If people aren't buying > stuff, i.e. increasing their buying, productivity gains won't come, > will they? I mean, why bother improving if you (the producers, > collectiv

Re: [PEN-L] Query about the end of work

2007-09-23 Thread Jim Devine
On 9/23/07, Eugene Coyle <[EMAIL PROTECTED]> wrote: > In regard to Leontief, he had a long standing belief that "automation" or > productivity would lead to growing unemployment. ... > And so he was funded to explore the issue in a book that I have found on > the shelf, "The Future Impact of Aut

Re: [PEN-L] Queery about Greenspan and productivity

2007-09-23 Thread Eugene Coyle
Doug, I guess the question I raised is really addressed by the history you cite. Is this a chicken and egg thing? Or, actually, chicken AND egg? When a slowdown in consumption occurs, does that pull down productivity gains? And do productivity gains speed up consumption, thus feeding p

Re: [PEN-L] Verdoorn's law & hysteresis [was: Query about Greenspan and productivity]

2007-09-23 Thread Eugene Coyle
Very interesting. Gene On Sep 23, 2007, at 10:43 AM, Jim Devine wrote: On 9/23/07, Eugene Coyle <[EMAIL PROTECTED]> wrote: What I mean is that consumer demand is a factor in productivity gains. If people aren't buying stuff, i.e. increasing their buying, productivity gains won't come, will

Re: [PEN-L] Queery about Greenspan and productivity

2007-09-23 Thread raghu
On 9/23/07, Eugene Coyle <[EMAIL PROTECTED]> wrote: > contributes to productivity gains.) What I mean is that consumer > demand is a factor in productivity gains. If people aren't buying > stuff, i.e. increasing their buying, productivity gains won't come, > will they? I mean, why bother improvi

Re: [PEN-L] stupid computer problem

2007-09-23 Thread Peter Hollings
Michael -- I have seen that flash drives allocate a fixed space for their directory structure. As a result there can be only a certain number of files & folders listed in the root. However, additional files can be saved in file folders, even if those folders are themselves in the root. My suggest

Re: [PEN-L] U. of Illinois invaded by Academy on Capitalism and Limited Government Fund

2007-09-23 Thread Sean Andrews
All of this may be so, but I note, and perhaps this is of no relevance to anyone on the list whatsoever, that the current president of Ecuador, Rafael Correa, who has been making noises about moving the country to the left and had some hight profile meetings with Morales and Chavez, is a PhD from U

[PEN-L] High School Musical Men

2007-09-23 Thread ann li
I don't mean to rain on this progressive parade, but this was inevitable with other signs like the increase in post-college entry-level intelligence recruitment by the feds and continuing education certificates in homeland security skills. The greater question is not to eliminate such paramilitary

Re: [PEN-L] U. of Illinois invaded by Academy on Capitalism and Limited Government Fund

2007-09-23 Thread Jim Devine
when did Correa attend? On 9/23/07, Sean Andrews <[EMAIL PROTECTED]> wrote: > All of this may be so, but I note, and perhaps this is of no relevance > to anyone on the list whatsoever, that the current president of > Ecuador, Rafael Correa, who has been making noises about moving the > country to

Re: [PEN-L] U. of Illinois invaded by Academy on Capitalism and Limited Government Fund

2007-09-23 Thread Michael Perelman
Correa was a student of a friend of mine, but I don't know the dates. Here are some who left in the early 1950s: Howard Bowen was ousted as Dean in 1950; Everitt Hagen and seven other economics professors resigned in 1951. President George Stoddard resigned in 1953 following a vote of no confiden

Re: [PEN-L] Queery about Greenspan and productivity

2007-09-23 Thread Eugene Coyle
Yes, your argument is correct, but don't your (1.) and (2) increase unemployment? Gene On Sep 23, 2007, at 12:29 PM, raghu wrote: On 9/23/07, Eugene Coyle <[EMAIL PROTECTED]> wrote: contributes to productivity gains.) What I mean is that consumer demand is a factor in productivity gains. If

Re: [PEN-L] Queery about Greenspan and productivity

2007-09-23 Thread raghu
On 9/23/07, Eugene Coyle <[EMAIL PROTECTED]> wrote: > Yes, your argument is correct, but don't your (1.) and (2) increase > unemployment? > It does. The way I understand it, the first order effect of increased productivity is unemployment. But there is a second order effect of stimulating additio

Re: [PEN-L] U. of Illinois invaded by Academy on Capitalism and Limited Government Fund

2007-09-23 Thread Sean Andrews
On 9/23/07, Jim Devine <[EMAIL PROTECTED]> wrote: > when did Correa attend? > He got his degree in 2001. Not sure when he started. What is the time frame for all those departures from the dept? It really does sound like a mass exodus. Here's the abstract for Correa's thesis, which is actually

Re: [PEN-L] Query about the end of work

2007-09-23 Thread Michael Perelman
On Sun, Sep 23, 2007 at 10:49:11AM -0700, Jim Devine wrote: > wow. Usually when economists do research that confounds their beliefs > -- especially pro-market beliefs -- they put the research in the > circular file. Leontief was a brave guy. McCloskey, Donald N. 1985. The Rhetoric of Economics (Ma

Re: [PEN-L] Verdoorn's law & hysteresis [was: Query about Greenspan and productivity]

2007-09-23 Thread Michael Perelman
Verdoorn was a Dutch economist who got the idea from Tinbergen's data. Kaldor picked it up & then said that Arrow called it Verdoorn's Law when writing about learning by doing. Arrow did not call it a law. The literature on the law is mixed although it worked pretty well until 1970. The story is

Re: [PEN-L] Verdoorn's law & hysteresis [was: Query about Greenspan and productivity]

2007-09-23 Thread Jim Devine
increasing returns is part of the explanation of V's law. after all, the bit about a larger market encouraging division of labor and productivity involves increasing returns to scale. On 9/23/07, Michael Perelman <[EMAIL PROTECTED]> wrote: > Verdoorn was a Dutch economist who got the idea from Tin

Re: [PEN-L] Queery about Greenspan and productivity

2007-09-23 Thread Anthony D'Costa
Increased demand allows economies of scale and scope and thus a fall in costs, thus increasing productivity. Anthony Anthony P. D'Costa, Professor Currently Comparative International Development Senior Visiting