Re: [PEN-L] Intangible Wealth

2007-10-04 Thread Shane Mage
Michael Perelman wrote: I glanced at the book that this article is based on. It looks like that they estimate intangible capital as the residual of what can't be explained by everything else. In the invention of this inherently unobservable entity, they are merely following the methodology

[PEN-L] Ken Burns and the a-bomb

2007-10-04 Thread Louis Proyect
Apparently, Ken Burns justifies the bombing of Hiroshima and Nagasaki: http://www.zmag.org/content/showarticle.cfm?SectionID=201ItemID=13942

[PEN-L] Fwd: Wall Street Journal thinks Radiohead will rip off fans

2007-10-04 Thread Sean Andrews
I meant to post this here as well yesterday. So here it is. As michael pointed out on his blog yesterday, it is a pretty absurd definition of fairness they are playing with. I had some further reflections on this here: http://onculturalproperty.blogspot.com/2007/10/demoniod-and-radiohead.html

Re: [PEN-L] Intangible Wealth

2007-10-04 Thread Charles Brown
m. Hari Kumar wrote: Wall St J:29th Sep 2007: p. A9: A Mexican migrant to the USA is 5x more productive than one who stays at home. Why is that? ... It is because the average American has access to over $418,000 in intangible wealth, while the stay-at-home Mexican's intangible wealth is

[PEN-L] Trotsky, Ecology and Sustainability

2007-10-04 Thread Louis Proyect
The Prophet Misarmed: Trotsky, Ecology and Sustainability Sandy Irvine Leon Trotsky showed great insight on many issues but, argues Sandy Irvine, his biggest blind spot concerned ecological sustainability, now the greatest issue of our times. His thinking reflected the technological

[PEN-L] Who’s Your Daddy? The FBI’s “Daddy” While In Iraq Investigating Blackwater Is… Blackwater!

2007-10-04 Thread The Buffalo In Da' Midst
Do you suppose, for even a New York nanosecond, that the FBI is going to incriminate someone's buddy from Blackwater, when that 'Princely' (sic) employee might be the only reason the agent is able to operate at all without getting his brains blown out or IEDed while in Iraq? Rhetorical question…

Re: [PEN-L] which Thomas was guilty of sexual haressment?

2007-10-04 Thread Charles Brown
Michael Perelman Clarence or Isiah? ^ CB: My mother and I noted this coincidence last evening as we watched the news.

Re: [PEN-L] Ken Burns and the a-bomb

2007-10-04 Thread Charles Brown
Louis Proyect [EMAIL PROTECTED] 10/04/2007 9:19 AM Apparently, Ken Burns justifies the bombing of Hiroshima and Nagasaki: http://www.zmag.org/content/showarticle.cfm?SectionID=201ItemID=13942 ^ CB: Maybe he shoulda stuck to baseball.

Re: [PEN-L] Intangible Wealth

2007-10-04 Thread Charles Brown
I glanced at the book that this article is based on. It looks like that they estimate intangible capital as the residual of what can't be explained by everything else. In the invention of this inherently unobservable entity, they are merely following the methodology pioneered by that exemplar of

Re: [PEN-L] heterodox economics, redux

2007-10-04 Thread Jim Devine
On 10/3/07, raghu [EMAIL PROTECTED] wrote: Far from challenging it, Blinder and the behaviorists are immeasurably strengthening the establishment thinking by providing a safety-valve for dissent. It's a mistake to combine Blinder with the behaviorists (though they both begin with B). The

Re: [PEN-L] heterodox economics, redux

2007-10-04 Thread raghu
On 10/4/07, Jim Devine [EMAIL PROTECTED] wrote: On 10/3/07, raghu [EMAIL PROTECTED] wrote: Far from challenging it, Blinder and the behaviorists are immeasurably strengthening the establishment thinking by providing a safety-valve for dissent. It's a mistake to combine Blinder with the

[PEN-L] First Pyongyang - then Tehran?

2007-10-04 Thread Ulhas Joglekar
BBC News http://news.bbc.co.uk/ Last Updated: Wednesday, 3 October 2007 First Pyongyang - then Tehran? http://news.bbc.co.uk/2/hi/asia-pacific/7026759.stm By Gordon Corera Security correspondent, BBC News The agreement by North Korea to dismantle its nuclear facilities by the end of the year

Re: [PEN-L] heterodox economics, redux

2007-10-04 Thread Michael Perelman
The article moved the boundaries of discourse far to the right. Blinder as a leftist!!! Greenspan's 2d in command. Whose works include Alan Blinder. 1987. Hard Heads, Soft Hearts: Tough-Minded Economics for a Just Society (Reading, MA: Addison-Wesley). Only Jim D. represented the left, while

Re: [PEN-L] heterodox economics, redux

2007-10-04 Thread Jim Devine
On 10/4/07, raghu [EMAIL PROTECTED] wrote: And the behaviorists? Will their work ever produce more than clever anecdotes for Steven Levitt? FWIW, Leavitt doesn't do experiments. He's not a behavioral economist. Rare corner cases where the normal laws of rational behavior do not apply, in

Re: [PEN-L] heterodox economics, redux

2007-10-04 Thread Jim Devine
On 10/4/07, Michael Perelman [EMAIL PROTECTED] wrote: The article moved the boundaries of discourse far to the right. that's definitely true. It's all this crap about George Mason Unilackofdiversity. -- Jim Devine / The truth is at once less sinister and more dangerous. -- Naomi Klein.

Re: [PEN-L] Intangible Wealth

2007-10-04 Thread steve houston
Don't forget the dogma that redshift is a Doppler effect -- Hubble's Law. Or Black Holes spewing out jets of matter that speed away at near the speed of light and actually speed UP as they do it, which can only be explained if black holes are also the source of all magnetism in the universe. Or

[PEN-L] help locating paper

2007-10-04 Thread Michael Perelman
If someone has access to this, I would appreciate it. Does Pollution Increase School Absences? NBER Working Paper No. W13252 -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com