tag:blogger.com,1999:blog-4900303239154048192.comments2024-03-06T06:34:42.881-05:00EconoSpeakUnknownnoreply@blogger.comBlogger26195125tag:blogger.com,1999:blog-4900303239154048192.post-56883251668391888502024-01-03T11:24:29.510-05:002024-01-03T11:24:29.510-05:00Thanks, Brian!Thanks, Brian!Sandwichmanhttps://www.blogger.com/profile/11159060882083015637noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-84414138422189818302024-01-03T11:13:59.492-05:002024-01-03T11:13:59.492-05:00Thank you so much for this early review, and for b...Thank you so much for this early review, and for bringing this error to public attention. I am the translator of this book, and I can assure you that this was an error that was introduced by the NA publisher at the very last moment, between when I saw the final proofs (where I had translated Saitō's work using Celsius, as of course he also did—the Advanced Review Copies that have been used for pre-publication reviews are this way as well) and the "final" printed version, which the North American publisher erroneously "localized" into Fahrenheit, as you pointed out. I've been assured that this will be fixed in all future printings and of course in the "e-book" versions. I am as dismayed as you by this error being introduced into Saitō's (and my!) work. <br /><br />Thank you again for bringing this to public attention, and for your thoughtful engagement with Saitō's ideas.Brian Bergstromhttps://go.authorsguild.org/members/5605noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-58655575296518479962023-12-24T23:35:07.334-05:002023-12-24T23:35:07.334-05:00Not a problem, run75441Not a problem, run75441kevin quinnhttps://www.blogger.com/profile/04880872194080353414noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-22893977611284017042023-12-24T19:23:11.025-05:002023-12-24T19:23:11.025-05:00Kevin:
Thank you for bringing this to our attenti...Kevin:<br /><br />Thank you for bringing this to our attention. If you have no issues with Angry Bear doing so, I will put this up on Angry Bear tonight.run75441https://www.blogger.com/profile/03108600120727140049noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-74614813356604126442023-12-21T12:38:25.361-05:002023-12-21T12:38:25.361-05:00Hi Mike,
Thank you! Yes, very interesting from to...Hi Mike,<br /><br />Thank you! Yes, very interesting from today's perspective. I think there were two factors that steered him away from a deeper engagement. The first is his evident disdain for "servant" work as servile. The common root of servant and servile betrays a widespread prejudice of his times. The second factor was his greater attention to unemployment and pauperism, which were much more prominent symptoms of capitalism's crisis tendency. To a considerable extent, today's service economy reflects state intervention to prevent mass unemployment. So the two issues are closely related.Sandwichmanhttps://www.blogger.com/profile/11159060882083015637noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-6692860771999358142023-12-21T08:57:43.102-05:002023-12-21T08:57:43.102-05:00It is interesting that Marx did not assign value t...It is interesting that Marx did not assign value to labour that, for him, did not produce tangible, material output. If he had witnessed the great strides in productivity that society achieved after him, he would see that maintaining the population of 'productive' labour constant would have destroyed the value of that labour, causing further misery, and perhaps, further concentration of wealth on those who own the means of production. However, each time society comes up with a new vocation - juggler, entertainer, influencer, or what have you, new livelihoods are created, and these also increase the value of those labours that produce the materal output, because more livelihoods means more capacity of society to absorb all that output.Mikehttps://greenshoeconsulting.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-84454749620983236922023-11-21T22:47:10.342-05:002023-11-21T22:47:10.342-05:00Hey Tom:
Interesting article. Good to see Econosp...Hey Tom:<br /><br />Interesting article. Good to see Econospeak alive. Interesting read. A bit, ok a lot beyond my understanding of manufacturing and throughput.<br /><br />Bill @ Angry Bearrun75441https://www.blogger.com/profile/03790826995006015721noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-63441259307456678622023-06-15T15:28:12.434-04:002023-06-15T15:28:12.434-04:00The Supreme Court has been making ideological flex...The Supreme Court has been making ideological flexible decisions this session; decisions that well accord with legal reasoning, and that is what the court is meant to do. The Court is a terrific institution, even if a decision may displease "me" at times.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-68547766855348299152023-06-12T19:56:09.103-04:002023-06-12T19:56:09.103-04:00Should Sandwichman find this: The Governance of C...Should Sandwichman find this: The Governance of China by Xi Jinping is a superb writing on socialism with Chinese characteristics. Simply superb, and worth study even by an expert such as Sandwichman. There is a reason Chinese development has been so successful, and here is the reason.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-75421895634551043902023-06-08T20:54:14.831-04:002023-06-08T20:54:14.831-04:00Please notice how fair the Supreme Court ruling wa...Please notice how fair the Supreme Court ruling was:<br /><br />[ https://www.nytimes.com/2023/06/08/us/supreme-court-voting-rights-act-alabama.html<br /><br />Supreme Court Rejects Voting Map That Diluted Black Voters’ Power<br />Voting rights advocates had feared that the decision about redistricting in Alabama would further undermine the Voting Rights Act, which instead appeared to emerge unscathed. ]<br /><br />The Supreme Court is working just the way it was intended to work, and Americans have long accepted this.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-931385568382237062023-06-05T17:40:44.137-04:002023-06-05T17:40:44.137-04:00I do hope this blog will continue.I do hope this blog will continue.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-83215080041761126062023-05-30T23:25:27.517-04:002023-05-30T23:25:27.517-04:00This post is what is scary; thoroughly authoritari...This post is what is scary; thoroughly authoritarian. Extreme writing or speaking such as this will turn ordinary voters away from Democrats.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-83677058230720147602023-05-30T12:35:50.415-04:002023-05-30T12:35:50.415-04:00 The Supine Court upholds his self-pardon, Thomas ... The Supine Court upholds his self-pardon, Thomas writing for the majority....<br /><br />[ This is horribly offensive. There is no reason for such offensive writing. ]Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-27290046739144403652023-05-25T16:22:09.711-04:002023-05-25T16:22:09.711-04:00The Republicans in the House are manifestly crazy,...The Republicans in the House are manifestly crazy, so there's no hope there....<br /><br />[ This was simply incorrect. Republicans will evidently gain just the civilian spending limits they wanted. ]Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-78330342021818755602023-05-25T06:29:41.275-04:002023-05-25T06:29:41.275-04:00I now assume that the budget conflict will be reso...I now assume that the budget conflict will be resolved in "compromise" in a matter of a day. What then will be the broader meaning of this political-economic episode?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-30872602064690427582023-05-09T19:38:40.176-04:002023-05-09T19:38:40.176-04:00What evidently bothers Republicans or conservative...What evidently bothers Republicans or conservatives is not the deficit as such, but, as precisely described here, "green industrial policy":<br /><br />https://www.nytimes.com/2023/05/09/opinion/climate-inflation-reduction-act-biden.html<br /><br />May 9, 2023<br /><br />How to think about green industrial policy<br />An over-budget, trade-disrupting, huge legislative success<br />By Paul KrugmanAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-45016060692513722132023-05-09T12:13:54.314-04:002023-05-09T12:13:54.314-04:00https://www.nytimes.com/2023/05/08/opinion/deficit...https://www.nytimes.com/2023/05/08/opinion/deficit-republicans-debt-limit.html<br /><br />May 8, 2023<br /><br />The Cowardice of the Deficit Scolds<br />By Paul Krugman<br /><br />Financial markets are finally taking notice of the possibility that the United States may soon default on its debts. Interest rates on short-term debt and the cost of insuring against default have spiked, reflecting fears that U.S. debt won’t be repaid on time....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-4526303231120063612023-05-08T14:45:37.731-04:002023-05-08T14:45:37.731-04:00Mr. Quinn, your post and comment are important muc...Mr. Quinn, your post and comment are important much appreciated. Please continue.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-58203648356399811992023-05-08T10:24:30.955-04:002023-05-08T10:24:30.955-04:00Anon 2
Biden is not refusing too negotiate over a...Anon 2<br /><br />Biden is not refusing too negotiate over a budget. But the House is not proposing to negotiate over the debt ceiling: they are attempting to extort something. In a negotiation, both sides offer something which will make the other side better off. In an extortion, one side threatens to make the other worse off unless they are given something -- your money or your life is not a proposal to negotiate!kevin quinnhttps://www.blogger.com/profile/04880872194080353414noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-51476929514622407852023-05-08T02:02:38.380-04:002023-05-08T02:02:38.380-04:00One other way out of the debt ceiling problem is t...One other way out of the debt ceiling problem is to recognize that Republicans have control of the house and act accordingly. That's the traditional way, but I guess these days we have non-traditional leftist fanatics running the government who refuse to recognize that an opposition party that controls one branch of the legislature has a legitimate right to contribute to the government. I know! Right? I wish we could all come together as one people and overcome all this polarization so we could enact the left wing agenda!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-82787484701385611372023-05-07T12:43:10.990-04:002023-05-07T12:43:10.990-04:00https://www.nytimes.com/2023/05/07/opinion/debt-ce...https://www.nytimes.com/2023/05/07/opinion/debt-ceiling-platinum-coin-premium-bonds.html<br /><br />May 5, 2023<br /><br />Wonking out: In defense of debt gimmicks<br />A clever dodge of the debt limit won’t break anything that matters<br />By Paul Krugman<br /><br />The possibility that the federal government will soon be unable to finance its normal operations has become very real. As I wrote in my last column, * this won’t be because investors view U.S. debt as excessive; America in 2023 isn’t Greece in 2009. If it happens, it will be because Republicans in the House are trying to use the debt ceiling to extort policy concessions they would have no chance of enacting through the normal legislative process....<br /><br />* https://www.nytimes.com/2023/05/04/opinion/biden-administration-debt-republican.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-27970154706299252072023-05-07T10:57:35.482-04:002023-05-07T10:57:35.482-04:00"One question is how much bigger the term pre..."One question is how much bigger the term premium would be to borrow longer term in this way."<br /><br />British Consol debt was remarkably rater stable for decades, only losing ground as the Pound began to seriously falter:<br /><br />https://fred.stlouisfed.org/graph/?g=fRnr<br /><br />January 4, 2017<br /><br />Consol (Long-term bond) yields in United Kingdom, 1855-2016<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-29210380898507833722023-03-31T14:58:38.389-04:002023-03-31T14:58:38.389-04:00 What McCloskey argued, however, is not just that ... What McCloskey argued, however, is not just that the language of economics follows rhetorical tropes, but that the math does too. This is an immensely important point. To establish, apply or simply argue in parallel with it, you have to deconstruct the architecture of modeling in theoretical and empirical economics....<br /><br />[ Again, I would welcome discussion of this point that from closely reading McCloskey I would disagree with. I have now read the novel, and am decidedly sympathetic to the author in interpretation.<br /><br />Also, I have the credentials and experience to feel my sense is worth arguing. ]Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-10351858954425164272023-03-29T10:58:08.063-04:002023-03-29T10:58:08.063-04:00I would welcome further comments on the work of Mc...I would welcome further comments on the work of McCloskey.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-55783934607299221062023-03-21T09:35:58.973-04:002023-03-21T09:35:58.973-04:00The difference between the wildly successful Chine...The difference between the wildly successful Chinese model and that of Erica Thompson is profoundly important:<br /><br />https://hbr.org/2023/03/how-chinese-companies-are-reinventing-management<br /><br />March, 2023<br /><br />How Chinese Companies Are Reinventing Management<br />They prioritize autonomy at scale, internal digital platforms, and a clear project focus.<br />By Mark J. Greeven, Katherine Xin and George S. YipAnonymousnoreply@blogger.com