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2086 [lbo-talk] See! -- rank: 1000

On Feb 11, 2011, at 3:55 PM, Carrol Cox wrote: > That bleacher-fan had it upside down: > theory comes from, originates in, such actions rather than 'governs' them. Yes, you've said that about a hundred times in the last couple of months, but how do you know it's true? Not many activists have been thinking about theory, as far as I know. They like actions. So maybe there isn't any theory emerging from all these actions. You have evidence to the contrary? Doug

Document Size:	4807
Author:	Doug Henwood
Date:	Fri Feb 11 13:05:24 PST 2011

2087 [lbo-talk] Vatican bans confession by iPhone -- rank: 1000

On Feb 11, 2011, at 7:10 AM, Michael Pollak wrote: > On Fri, 11 Feb 2011, Wojtek S wrote: > >> [WS:] I searched the Droid market and found that they have similar but secular apps. The idea is to "confess" some dirty secret and post it on the web for others to read. Smacks of voyeurism cum exhibitionism. The Catholics seem more discreet. > > The Catholic one is completely represented here. They "deny" that you can confess by iPhone because it was a misappr ...

Document Size:	5725
Author:	Doug Henwood
Date:	Fri Feb 11 06:28:42 PST 2011

2088 [lbo-talk] The role of social media in the Egyptian uprising -- rank: 1000

On Feb 10, 2011, at 4:39 PM, Shane Mage wrote: > Neither of these profound thinkers seem to realize that, *in the past ten years*, hundreds of millions (and soon billions) of people have become instantly interconnected via electronic media. Thanks Shane! I didn't realize that. I must keep up. All along, I thought we'd been communicating by smoke signals. Doug

Document Size:	5125
Author:	Doug Henwood
Date:	Thu Feb 10 13:44:45 PST 2011

2089 [lbo-talk] The role of social media in the Egyptian uprising -- rank: 1000

On Feb 10, 2011, at 4:30 PM, Michael Pollak wrote: > Isn't "social media" redundant? What's different about this stuff is the immediacy and endless capacity to link, retweet, click, echo, etc. etc. It's not at all clear that it's good for social bonds. It can also be a means of alienation and displacement. Doug

Document Size:	5099
Author:	Doug Henwood
Date:	Thu Feb 10 13:38:15 PST 2011

2090 [lbo-talk] The role of social media in the Egyptian uprising -- rank: 1000

On Feb 10, 2011, at 3:03 PM, 123hop at comcast.net wrote: > Stop. It's not about a hymn of praise. It's about understanding how it works... in some detail. Saying that the civil rights movement succeedeed without social media so that means social media is nothing...will not do. I really hope you don't think that I think that. But I've actually been spending a lot of time reading, interviewing, and thinking about what social media mean. And it's not all good. Doug

Document Size:	5301
Author:	Doug Henwood
Date:	Thu Feb 10 13:36:09 PST 2011

2091 [lbo-talk] progress in economics -- rank: 1000

"Saints Marching in, 1590-2009" NBER Working Paper No. w16769 ROBERT J. BARRO, Harvard University - Department of Economics, National Bureau of Economic Research (NBER) Email: rbarro at harvard.edu RACHEL M. MCCLEARY, Harvard Kennedy School Email: rachel_mccleary at harvard.edu The Catholic Church has been making saints for centuries, typically in a two-stage process featuring beatification and canonization. We analyze determinants of rates of beatification and canonization (for non-ma ...

Document Size:	6275
Author:	Doug Henwood
Date:	Thu Feb 10 13:24:30 PST 2011

2092 [lbo-talk] The role of social media in the Egyptian uprising -- rank: 1000

On Feb 10, 2011, at 1:54 PM, 123hop at comcast.net wrote: > We can see in hindsight the effect of the printing press on western consciousness; social media is having a similar impact though few have the patience or insight to articulate it. Really? If I hear another hymn of praise to social media, I may fucking scream. Doug

Document Size:	5157
Author:	Doug Henwood
Date:	Thu Feb 10 11:02:16 PST 2011

2093 [lbo-talk] AER's 20 top pieces free -- rank: 1000

On Feb 9, 2011, at 9:53 PM, Dissenting Wren wrote: > I thought Doug was being arch. I was. Most of the pieces are fairly technocratic - principal/agent theory, capital structure, monetary theory. Aside from Hayek and a few others, well, they ain't Ricardo.

Document Size:	4779
Author:	Doug Henwood
Date:	Wed Feb 9 19:07:41 PST 2011

2094 [lbo-talk] AER's 20 top pieces free -- rank: 1000

Wow, the bourgeoisie doesn't really ask big questions, does it?

Document Size:	4556
Author:	Doug Henwood
Date:	Wed Feb 9 17:23:35 PST 2011

2095 [lbo-talk] EPA may look into fracking... -- rank: 1000

http://www.propublica.org/article/epa-wants-to-look-at-full-lifecycle-of-fracking-in-new-study

Document Size:	4735
Author:	Doug Henwood
Date:	Wed Feb 9 13:20:18 PST 2011

2096 [lbo-talk] how the regime is winning in Egypt -- rank: 1000

On Feb 9, 2011, at 4:07 PM, Julio Huato wrote: > I am sure the regime's bag of tricks is huge, but this seems to me > like the wishful thinking of the U.S. establishment. I hope you're right.

Document Size:	4823
Author:	Doug Henwood
Date:	Wed Feb 9 13:12:40 PST 2011

2097 [lbo-talk] Once again, food prices -- rank: 1000

On Feb 9, 2011, at 3:42 PM, SA wrote: > On 2/9/2011 3:35 PM, SA wrote: > >> M would fully determine trading volumes (and therefore, holding the supply of assets constant, prices as well). > > Scratch that parenthetical comment, I was forgetting about T Yes, SA, that too - an enormous expansion in open interest.

Document Size:	4883
Author:	Doug Henwood
Date:	Wed Feb 9 12:50:45 PST 2011

2098 [lbo-talk] Once again, food prices -- rank: 1000

On Feb 9, 2011, at 3:42 PM, SA wrote: > Scratch that parenthetical comment, I was forgetting about T. Which was also rising!

Document Size:	4634
Author:	Doug Henwood
Date:	Wed Feb 9 12:50:02 PST 2011

2099 [lbo-talk] Once again, food prices -- rank: 1000

On Feb 9, 2011, at 3:35 PM, SA wrote: > Yes, but obviously that doesn't actually mean that $0.05m has flowed into that asset class ($1.05m-$1.0m). For example: right now, Coca-Cola's market cap is about $150bn. Its price is about $60. In extremis, if I placed an order to buy a *single share* of Coke at $90 (ignoring practical problems), Coke's market cap would rise by a total of $50 billion. In other words, my measly $90 "flowed into" Coke stocks, and the value of Coke's shares rose ...

Document Size:	6083
Author:	Doug Henwood
Date:	Wed Feb 9 12:42:57 PST 2011

2100 [lbo-talk] Once again, food prices -- rank: 1000

On Feb 9, 2011, at 2:35 PM, SA wrote: > I think you're confusing cause and effect here. When $60bn of new money flows into commodities via commodity funds, $60bn of old money flows out of commodities via non-fund types of investors. So? The trades happen at continuously higher prices, raising valuations. The influx of buyers caused that. It doesn't matter what the sellers do with the proceeds. But a position worth $1.0m last week is worth $1.05m this week. > This *really* gets it backward. ...

Document Size:	5323
Author:	Doug Henwood
Date:	Wed Feb 9 11:51:10 PST 2011