Saturday, November 22, 2008

My Lecture on the Economic Crisis

I have posted my talk for the San Francisco Peace & Freedom Party on the economic crisis at

http://www.archive.org/details/perelman-econ-crisis

5 comments:

Anonymous said...

I'd like to post a comment,

Obama has already made lending for middle and lower class citizens before he's in the white house! Amazing, read more below..

New Types of Low Interest Loans & Grants from Obama

Shag from Brookline said...

I'm curious about what constitutes the "middle class." Is there a graph that shows the size of the "middle class" from, say 1946 forward in proportion to population? And if "middle class" is broken down into "upper," "average," and "lower," how are these segments defined? President Elect Obama's "middle class" seems quite a large proportion of the population.

Michael Perelman said...

Middle class is like nice or pornography: You can define it like you want.

Politicians define middle class as broadly as possible to maximize their appeal for their policies to help the middle class. You can define it quantitatively, for example, by removing the top and bottom quarters from the population & calling the remainder the middle class.

Sandwichman said...

Nice middle class pornography...

Ken Houghton said...

It apparently falls to me to point out that the first comment is Spam, and that the link to the presentation seems to be broken.