Newsgroup sci.econ 57473

Directory

Subject: Re: The Limits To Growth -- From: dlj@inforamp.net (David Lloyd-Jones)
Subject: Re: Eliminate the National Debt -- From: jim blair
Subject: Re: US Income Mobility -- From: jim blair
Subject: Re: Ecological Economics and Entropy -- From: mikep@comshare.com (Mike Pelletier)
Subject: Re: The Limits To Growth -- From: Steinn Sigurdsson
Subject: Re: Canadian States? -- From: dlj@inforamp.net (David Lloyd-Jones)
Subject: Re: Global oil production could peak in as little as four years! -- From: dlj@inforamp.net (David Lloyd-Jones)
Subject: Re: The Limits To Growth -- From: l.mcfadden@mail.utexas.edu (Loretta McFadden)
Subject: Re: The Limits To Growth -- From: l.mcfadden@mail.utexas.edu (Loretta McFadden)
Subject: Re: The Necessity of Capitalist Growth -- From: wakkerm@worldonline.nl (Kees Wakkerman)
Subject: I will no longer respond to barks from the kennel. -- From: Jay Hanson
Subject: Re: The Limits To Growth -- From: Jay Hanson
Subject: Re: Ecological Economics and Entropy -- From: Jay Hanson
Subject: Re: The Limits To Growth -- From: cpollard@csn.net (Chris Pollard)
Subject: Re: Global oil production could peak in as little as four years! -- From: mfriesel@ix.netcom.com
Subject: Re: Ecological Economics and Entropy -- From: mfriesel@ix.netcom.com
Subject: Re: The Limits To Growth -- From: mfriesel@ix.netcom.com
Subject: Information on Chinese capital markets -- From: ijchang@trek.cs.princeton.edu (Isaac J. Chang)
Subject: Re: Major problem with climate predictions -- From: tobis@scram.ssec.wisc.edu (Michael Tobis)
Subject: Re: The Limits To Growth -- From: jmc@Steam.stanford.edu (John McCarthy)
Subject: Re: The Limits To Growth -- From: jmc@Steam.stanford.edu (John McCarthy)
Subject: Re: The Limits To Growth -- From: jmc@Steam.stanford.edu (John McCarthy)
Subject: Re: I will no longer respond to barks from the kennel. -- From: jmc@Steam.stanford.edu (John McCarthy)
Subject: part 38: vince foster, the NSA, and bank spying -- From: "J. Orlin Grabbe"
Subject: Re: The Limits To Growth -- From: brshears@whale.st.usm.edu (Harold Brashears)
Subject: Re: The Betrayal of Science and Reason -- From: 99@spies.com (Extremely Right )
Subject: Re: Inequality and Stratification. -- From: Roy_Langston@mindlink.bc.ca (Roy Langston)
Subject: Re: I will no longer respond to barks from the kennel. -- From: brshears@whale.st.usm.edu (Harold Brashears)
Subject: Re: The Betrayal of Science and Reason -- From: aquilla@erols.com (Tracy Aquilla)
Subject: Re: SCREW THE USA! MOVE TO AUSTRALIA! -- From: Apocalyptic Aardvark
Subject: Re: The Limits To Growth -- From: dlj@inforamp.net (David Lloyd-Jones)
Subject: Re: The Limits To Growth -- From: dlj@inforamp.net (David Lloyd-Jones)
Subject: Re: The Limits To Growth -- From: ssusin@emily11.Berkeley.EDU (Scott Susin)
Subject: Re: The Limits To Growth -- From: dlj@inforamp.net (David Lloyd-Jones)
Subject: Re: Ecological Economics and Entropy -- From: dlj@inforamp.net (David Lloyd-Jones)
Subject: Re: The Necessity of Capitalist Growth -- From: dlj@inforamp.net (David Lloyd-Jones)
Subject: Re: I will no longer respond to barks from the kennel. -- From: dlj@inforamp.net (David Lloyd-Jones)
Subject: Re: The Limits To Growth -- From: dlj@inforamp.net (David Lloyd-Jones)
Subject: Re: Canadian States? -- From: dlj@inforamp.net (David Lloyd-Jones)
Subject: Re: The Limits To Growth -- From: mohn@are._delete_this_.berkeley.edu (Craig Mohn)

Articles

Subject: Re: The Limits To Growth
From: dlj@inforamp.net (David Lloyd-Jones)
Date: 12 Nov 1996 13:14:23 GMT
bds@ipp-garching.mpg.de (Bruce Scott TOK ) wrote:
>Mike Asher (masher@tusc.net) wrote:
>: As an aside, I will note that the majority of agricultural land in the
>: world is farmed with low-tech inefficient methods.  Expantion of the use of
>: modern agriculture, new species, and good infrastructure, can more than
>: double world food production.  All without an additional acre being farmed,
>: though, in the US at least, agricultural land usage has been on the decline
>: for many years.   Perhaps you have some statistics here?
>
>You are welcome to calculate the increase of the crude oil drawdown rate
>if the rest of the world farms the way the US does.
There is nothing here about the rest of the world farming "the way the
US does."  Feeding chemical fed corn to cattle is a singularly stupid
way of both using land and feeding people.
The major hindrances to the productivity of land are the lack of
potassium and of nitrogen.  The United States burned its eastern
forests to export potash to Europe, then conquered the Pacific to get
the islands it authorised itself to seize under the Guano ct of 1899.
Modern agriculture -- modern, not American, being Asher's keyword --
replaces these olde tyme moves with the simple strewing of phosphate
rock, available in vast quantities in Saskatchewan, Idaho, California,
Peru, and elsewhere.
In American agriculture the main source of nitrogen is ammonia, which
used to be made out of electricity, and is today made more cheaply
from natural gas.  This is not the only way of doing it. India and
China both built large populations on small land areas by planting
nitrogen fixing plants, lentils and soybeans, respectively. 
It will be a quick fix, literally, in Sudan once the civil war ends,
to alternate soybeans with millet on the Bor uplands.  This will mean
an immediate, cheap, and huge improvement of productivity; the
necessary survey work has already been done, by satellite, and is on
file on the Internet at University of Arizona.  My partner's family,
those who have not been murdered by the government, own some of the
land, and bide their time in universities in Europe, Canada, Botswana.
I think there is an automatic Nobel Prize in either chemistry of peace
for the person who comes up with the nitrogen-fixing grain, tuber, or
fruit tree.  As genetic engineering -- think of it as a new kind of
biodiversity -- proceeds, I expect these prizes to be claimed over the
next few years.
                                   -dlj.
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Subject: Re: Eliminate the National Debt
From: jim blair
Date: Tue, 12 Nov 1996 07:58:34 -0800
jim blair  wrote:
What about the military build up that resulted in the fall of the USSR
and the end of the "Cold War"? (Remember that?)
No, Jim, nobody "remembers" that.  It's a Republican fantasy.  The
final collapse of the Soviet Union started with Khruschev, and took
thirty years.--dlj
Mason A. Clark wrote:
> Always eager for a "one-up":  The final collapse of the Soviet Union
> started with the Lenin/Stalin concept of a centrally-controlled economy.
> 
Hi,
Well I suppose you could also say that the Pharoah system in Egypt was 
doomed from the start as a centrally-controlled economy. And, sure 
enough, it did collapse. But it lasted for a long time. 
How can you be so sure that the fall of the USSR (after 70 years) had 
nothing to do with the US policies designed to end it? Would you like to 
go back to 1981 and run through it again, this time with a US policy of 
unilateral disarming?  Or of a continuation of the post WWII policy of 
containment?
And, PS, should Reagan have followed the Hoover policy of raising taxes 
in the face of a falling economy to "balance the budget" in 1981?
-- 
                     ,,,,,,,
_______________ooo___( O O )___ooo_______________
                       (_)
         jim blair        (jeblair@facstaff.wisc.edu)
for a good time, call http://www.execpc.com/~jeblair/
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Subject: Re: US Income Mobility
From: jim blair
Date: Tue, 12 Nov 1996 08:11:31 -0800
Gary Forbis wrote:
.  Are you playing with the numbers or putting a spin on them or what?
Yes. Don't we all?--jeb
 Here's the thing.  Suppose there is an 18.4% turnover (in one 
year) at the bottom.
 What leads you to believe this turnover represents a new mix every
 year and that none who exit it one year do not reenter it the next?
.  Do you have more information?
> -- gary forbis@accessone.com
Hi,
I agree that the shorter the time frame of the study, the less meaningful 
it is. It is Krugman (famous economist, Nobel potential) who uses the one 
year study. 
I say that his data can be used either way. I refer to the much longer 
study summarized in the Income Mobility Table on my web page. 
-- 
                     ,,,,,,,
_______________ooo___( O O )___ooo_______________
                       (_)
         jim blair        (jeblair@facstaff.wisc.edu)
for a good time, call http://www.execpc.com/~jeblair/
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Subject: Re: Ecological Economics and Entropy
From: mikep@comshare.com (Mike Pelletier)
Date: 12 Nov 1996 09:47:13 -0500
In article <3287C39C.2FA0@ilhawaii.net>,
	Jay Hanson   wrote:
>jw wrote:
>
>-> >If you define "gained in performance" as:
>-> > "Filling the dump truck with dead babies faster",
>-> >   then you are right.  See:
>-> >http://csf.Colorado.EDU/authors/hanson/zaire_goma_dead_30.mov
>
>-> (2) as for your horrible phrase
>-> "Filling the dump truck with dead babies faster" -
>-> you couldn't be more wrong factually.
>
>Why don't you watch the movie?  They are
>tossing dead babies into a dump truck.
>
>This is what you call "progress".
And I suspect you're being disingenious to say that this is solely due
to environmental, Earth-carrying capacity issues, rather than the fact
taht it's really hard to plow a field and plant food when you're being
shot at and when your field is littered with landmines.
	-Mike Pelletier.
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Subject: Re: The Limits To Growth
From: Steinn Sigurdsson
Date: 12 Nov 1996 14:36:29 +0000
ssusin@emily11.Berkeley.EDU (Scott Susin) writes:
> Steinn Sigurdsson (steinn@sandy.ast.cam.ac.uk) wrote:
> : ssusin@emily11.Berkeley.EDU (Scott Susin) writes:
> : > 
> : > Maybe things will get better in the future, as you say.  But things
> : > will have to get _much_ better before the price of fish falls to, say,
> : > its 1935 level.  Back then, fish was two and a half times cheaper than
> : > it is today, relative to the CPI.  Even since 1970, the price of fish
> : > has gone up 40% faster than overall inflation.  "We're running out
> : > of fish" doesn't seem like such a bad summary to me.
> : Ah, the price of _what_ fish, where?
> : Are you comparing sardines in the Bay
> : Area or salmon in London?
> These figures are from the Consumer Price Index, so it's the price
> of fish in supermarkets in US metro areas.  It's a weighted average
> of all types of fish, and includes products like canned tuna.
> Also, I could have been clearer about how I calculated these figures.  
> From 1970-1995, overall inflation was 393%, while the price of fish
> rose 548%.  I quoted 548/393 = 1.4, or a 40% higher relative price.
Those will then include a different bunch of fish
in the initial and final figures. Eg in the 80's significant
amount fresh fish was airlifted to restaurants on the East
Coast, at a considerable premium, a practise that would
have been unthinkable in 1970.
Penetration of ocean fish to markets in the central US
increased, as did market penetration of prepared fish,
both practises involve higher cost retail in exchange
for consumer convenience.
A number of different species of fish were introduced to
US markets in that interval, some "exotics" that again
commanded a premium price.
Finally, exchange rates fluctuated in the interval, 
and a fair chunk of US consumption is imported.
BTW, there has been substantial technological improvement
in fist cathcing. This has been dampened both by high
capital cost of replacing equipment, and, more significantly,
very high subsidies of inefficient fisheries by many nations.
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Subject: Re: Canadian States?
From: dlj@inforamp.net (David Lloyd-Jones)
Date: 11 Nov 1996 13:45:43 GMT
gillies@cs.ubc.ca (Donald Gillies) wrote:
>As of 1960, there was more U.S. investment in Canada ($15 Billion)
>than foreign investment by EVERY COUNTRY OF THE WORLD in the USA
>(source : "North of the Border", 1962). 
1960 is a generation ago, fer goshsakes!  Pre-Vietnam war.  Japan
wasn't even a member of the OECD in 1960, let alone bought up Hawaii
and California.
>                                       In recent years the Financial
>Post has not been publishing this bleak statistic regularly, but you
>can read "The Betrayal of Canada" (Mel Hurtig) for a whining Canadian
>account, laced with lots of economic statistics proving the bankrupcy
>of Canada, and complaining of how the USA pulls all the (purse-)
>strings in Canada today...
This was written before the US-Canada Auto Agreement.  Mississaugua
was a green field, and the industrial ring around Toronto did not
exist back then.
>Last year the financial post published an article claiming that of the
>?100? most profitable businesses in Canada, nearly all were under
>foreign ownership...
The 100 most profitable businesses in _any_ country are mostly under
foreign ownership.  If this is not yet true of the US itself, it
eventually will be.
                                      -dlj.
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Subject: Re: Global oil production could peak in as little as four years!
From: dlj@inforamp.net (David Lloyd-Jones)
Date: 11 Nov 1996 13:47:19 GMT
jmc@Steam.stanford.edu (John McCarthy) wrote:
>I have no objection to solar energy, but I see it as enough more
>expensive than nuclear energy that I don't expect it to become the
>major source unless world-wide ideologically motivated stupidity comes
>to dominate.
Solar energy means every house in the land having a water heater on
the roof.  This means every handyman and Mister Goodwrench wannabe
climbing on the roof to fix leaks, clean off the rotten leaves, and
chase the squirrels out of the piping.
The deaths from people falling off roofs will dwarf the casualties
from nuclear power, Chernobyl included.
                             -dlj.
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Subject: Re: The Limits To Growth
From: l.mcfadden@mail.utexas.edu (Loretta McFadden)
Date: Tue, 12 Nov 1996 10:16:26 -0500
In article <01bbd057$81cc4280$89d0d6cc@masher>, "Mike Asher"
 wrote:
> Jay Hanson  wrote in article 
> > Well John, if there is anyone who is an expert on misleading
> > people, it's you.
Mike - This is like intruding in a conversation heard at another table in
a restaurant, but here goes:
per: your response to John about accurately reporting fishery losses,
after reading your contribution, I can't see that you've refuted what John
said. All you've added is that (probably partially in response to
declining yields in some overfished species) the fishing industry is
branching out and attacking new species. And just because the overall
fished yield of ALL species of fish has increased, it doesn't follow that
there are more fish. It probably means the frighteningly efficient
floating warehouses are strip-mining the seas ever more effectively, and
telling consumers to try fish that didn't used to be as popular. Did you
see the Mother Jones spread on world-wide decline of fisheries last year?
Excuse me. I know I'm butting in.
Humbly,
Betsy (aka Loretta)
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Subject: Re: The Limits To Growth
From: l.mcfadden@mail.utexas.edu (Loretta McFadden)
Date: Tue, 12 Nov 1996 10:31:38 -0500
Mike wrote:
> >Tremendous increases, although the curve is obviously approaching an
> >asymptote.  Rice, another staple, has recently seen the introduction of new
> >high-yield species and is increasing along similar lines.   Dozens of
> >companies are creating new species of fruits and vegetables; expect another
> >yield explosion here within the next decade.
OK - I promise to butt out after this - in fact I don't think I'll be able
to stand reading this outdated debate. Mike, why are you acting as if the
"Green Revolution" hasn't been debunked years ago? 
Why are you ignoring the real reason farmland is declining in this country
(ie: being covered in suburpia) - because so much of it has lost it's
value as farmland, thanks to the ignorant short-term strip-mining approach
of petro-chemical farming? Hey - even the popular press (GASP) has heard
the news. Much of the best farmland in this country eroded into the ocean
years ago. Biggest question of all - why are you on this list? Is it just
to bait people who acknowledge these facts? 
Betsy
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Subject: Re: The Necessity of Capitalist Growth
From: wakkerm@worldonline.nl (Kees Wakkerman)
Date: Tue, 12 Nov 1996 15:33:48 GMT
Hepkat  wrote:
>I am confounded by the assertion that capitalist economies must
>constantly be growing. Why either theorhetically or practically is this
>the case?
>Any recommended reading on the subject?
Re:
1. growth of living standards
2. growth makes it easier for the government to redistribute income
3. growth makes it easier to put money in social benefits and
protection of the environment
4. growth is an important weapon in interntional negotiotians, were
100 years ago military power was.
But regard also the oppotunity cost of econ. growth (consumption vs.
investment)
read on this subject:
Meadows (1974), The limits of economic growth.
Kees Wakkerman. MPA
University of Twente
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Subject: I will no longer respond to barks from the kennel.
From: Jay Hanson
Date: Tue, 12 Nov 1996 05:47:29 -1000
charliew wrote:
> you're taking up a lot of bandwidth with this crap.  We've
> all had ample opportunity to learn of your opinion about the
> connection between entropy and food production.  Many of us
> are not convinced, no matter how many times you post your
> same senseless, extremely long document.
charliew, PLEASE DO NOT READ ANYTHING I WRITE!
          ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
          PLEASE PUT ME IN YOUR KILLFILE!
          ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
My posts are not indended for our four-footed-friends.
I will no longer respond to barks from the kennel.
That includes you, jw, Harold and McCarthy -- so far.
Jay
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Subject: Re: The Limits To Growth
From: Jay Hanson
Date: Tue, 12 Nov 1996 06:26:30 -1000
Mike Asher wrote:
> Speak of misleading!  Your table includes only the species that experienced
> declines; not hard to support your thesis that 'fish are running out'.
> However, culling from the same source as you, the FAO, I pulled the
> following data:
> 
> "World marine fisheries production has increased almost fivefold over the
> past 40 years, rising from around 18 million tonnes to more than 86 million
> tonnes by 1989... The use of fish as a source of food has increased
> steadily, rising from 40 million tonnes in 1970 to 70 million tonnes in
> 1989."
Are you surprised that the fish which declined just happen
to be the ones we eat?  Gee, how did you happen to pick 1989?
"Despite the vastness of the planet's coastal waters, where
 most fish are caught, an unforeseen natural threshold was
 crossed before scientists even knew it existed. The global
 fish catch peaked in 1989 at 89 million metric tons and has
 hovered at around 85 million tons since then. The United
 Nations Food and Agriculture Organization (FAO) estimates
 that nearly 70 percent of the world's conventional fish
 species-such as cod, hake and haddock-are already fished
 up to or beyond sustainable limits. 
"Although aquaculture—the farming of fish in either marine
 or inland waters—produces more fish each year, it cannot
 long compensate for the declining availability of fish
 caught wild, according to the report's authors. Under two
 of the United Nations' three projections for world population
 for the year 2050, aquaculture production would have to 
 'exceed' the total wild fish catch in order to maintain
 current levels of per capita fish consumption-a virtually
 impossible achievement, according to PAI."
Catching the Limit: Population and the Decline of Fisheries"
 is available for purchase from:
 Population Action International 1120 19th Street,
 NW-Suite 550/Washington, DC 20036 Phone: 202-659-1833
Contact: Sally Ethelston 202-659-1833 ext. 133,
sae@popact.org; FAX 202-293-1795 
Patricia M. Sears, Deputy Director,
 Media Relations 202-659-1833 ext.
 131,pmsears@popact.org; ORpmsears@aol.com. 
> Hang your head in shame, Mr. Hanson.
If you pull another one like this, I will no longer respond to you.
Jay
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Subject: Re: Ecological Economics and Entropy
From: Jay Hanson
Date: Tue, 12 Nov 1996 06:18:54 -1000
Mike Pelletier wrote:
> >Why don't you watch the movie?  They are
> >tossing dead babies into a dump truck.
> >
> >This is what you call "progress".
> 
> And I suspect you're being disingenious to say that this is solely due
> to environmental, Earth-carrying capacity issues, rather than the fact
> taht it's really hard to plow a field and plant food when you're being
> shot at and when your field is littered with landmines.
Here is my working definition of carrying capacity:
"Carrying capacity is the maximum load that can be exerted
 on a life support system by a population of animals without
 damaging the system itself.  When a population exceeds
 carrying capacity it is known as 'overshoot'."
It follows that carrying capacity can not be raised by a
technology that either results in a net draw-down of
non-renewable resources or pollutes sinks faster than they
can be naturally cleansed. (I think this includes nearly
all technology.)
Instead of actually raising carrying capacity, technology
"temporarily" allows more animals to survive.  At some
point, populations MUST fall to (or below) carrying
capacity. (Populations MUST fall because of the way
carrying capacity is defined.)
Here is a particularly important point to remember --
 it gets right to the heart of your question:
 CARRYING CAPACITY IS CALCULATED IN A SPECIFIC REGION
 USING ACTUAL ANIMALS ACTING AS THEY NATURALLY DO --
 NOT SOME  HYPOTHETICAL SET OF ANIMALS THAT MIGHT BE
 SUBSTITUTED FOR THE ACTUAL ONES.
In other words, if humans are greedy, stupid and violent
now, then science must assume that they will remain so.
Conversely, if humans actually DO manage to somehow
change their behavior for the better, then carrying
capacity goes up.  For example, Earth might be able
to support 6 billion Amish.
Jay
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Subject: Re: The Limits To Growth
From: cpollard@csn.net (Chris Pollard)
Date: 12 Nov 1996 16:53:02 GMT
Mike Asher (masher@tusc.net) wrote:
: Speak of misleading!  Your table includes only the species that experienced
: declines; not hard to support your thesis that 'fish are running out'. 
: However, culling from the same source as you, the FAO, I pulled the
: following data:
: "World marine fisheries production has increased almost fivefold over the
: past 40 years, rising from around 18 million tonnes to more than 86 million
: tonnes by 1989... The use of fish as a source of food has increased
: steadily, rising from 40 million tonnes in 1970 to 70 million tonnes in
: 1989."
This is misleading too because it is old information - I don't have access
immediately but the best information is a graph shown in New Scientist
which showed that fishing had maxed out and was declining.  It also showed
that large areas of ALL the oceans had major reductions in fish stocks. 
Certain areas like those off Newfoundland which were originally teaming
with Cod now essentially have none.  
Has any body got a copy of the graph showing fishing tonnage and stock
estimates for the last 20 years - the one I saw was really scary.
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Subject: Re: Global oil production could peak in as little as four years!
From: mfriesel@ix.netcom.com
Date: Tue, 12 Nov 1996 08:59:23 -0700
David Lloyd-Jones wrote:
> 
> jmc@Steam.stanford.edu (John McCarthy) wrote:
> 
> >I have no objection to solar energy, but I see it as enough more
> >expensive than nuclear energy that I don't expect it to become the
> >major source unless world-wide ideologically motivated stupidity comes
> >to dominate.
> 
> Solar energy means every house in the land having a water heater on
> the roof.  This means every handyman and Mister Goodwrench wannabe
> climbing on the roof to fix leaks, clean off the rotten leaves, and
> chase the squirrels out of the piping.
> 
> The deaths from people falling off roofs will dwarf the casualties
> from nuclear power, Chernobyl included.
> 
>                              -dlj.
> 
Replies like this won't do much for your credibility.
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Subject: Re: Ecological Economics and Entropy
From: mfriesel@ix.netcom.com
Date: Tue, 12 Nov 1996 09:09:25 -0700
Jay Hanson wrote:
> 
>  CARRYING CAPACITY IS CALCULATED IN A SPECIFIC REGION
>  USING ACTUAL ANIMALS ACTING AS THEY NATURALLY DO --
>  NOT SOME  HYPOTHETICAL SET OF ANIMALS THAT MIGHT BE
>  SUBSTITUTED FOR THE ACTUAL ONES.
> 
> In other words, if humans are greedy, stupid and violent
> now, then science must assume that they will remain so.
> 
I note:
Well put.  I'll save this.
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Subject: Re: The Limits To Growth
From: mfriesel@ix.netcom.com
Date: Tue, 12 Nov 1996 09:03:34 -0700
Mason A. Clark wrote:
....
> 
> 3. The posts in this thread are by people who do not play poker.
>     Poker players know that there are two considerations, not
>     alone the ODDS.   Tbe other consideration in placing a bet
>     is the STAKE -- what might be lost as well as what might be
>     won.    What is at stake in the limits to growth is life on the
>     planet as we know it.  Should we play the game if the odds are
>     even 5000 to 1 that there is no limit in sight?   Think a moment.
>     What odds are good enough?
....
You're trying to offer a rational explanation to those who have no 
desire to be rational.  Nice try, but you'd best decide on your plan B 
a.s.a.p.
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Subject: Information on Chinese capital markets
From: ijchang@trek.cs.princeton.edu (Isaac J. Chang)
Date: 11 Nov 1996 13:20:13 GMT
I have searched through the various FAQ's, but have not found any
information on this topic.  Does anyone have any pointers to any
papers, information, on-line and otherwise, about mainland Chinese
capital markets?  While I am especially interested in any form of 
a fixed income market that might exist (though I haven't found any
evidence that it does?), any information on equity and other markets
would also be appreciated.
Thanks much for the help.
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Subject: Re: Major problem with climate predictions
From: tobis@scram.ssec.wisc.edu (Michael Tobis)
Date: 12 Nov 1996 17:35:04 GMT
John Moore (ozone@primenet.com) wrote:
: On 11 Nov 1996 10:12:21 GMT, bds@ipp-garching.mpg.de (Bruce Scott TOK
: ) wrote:
: >Address the fact that the number of person-hours required to keep a home
: >has skyrocketed in the US over the last 3 to 4 decades.
: #1 - Enormous tax increases (even though top marginal rates are down
: #2 - the desire for more and more and more
: #3 - the myth that leaving the kids every day with a third person does
: not harm their development
Trivial effects in my view. The real causes are:
#1 - Improved efficiency of machines enabling fewer people to do
the work that is actually necessary for comfort and survival
#2 - Similarly, improved efficiency of household gadgets, relieving
the necessity for a family member to do full-time home maintenance,
leading to women entering the work force in enormous numbers
#3 - Improved ability to move labor offshore to cheaper labor markets.
All of these led to a labor glut. Thus the total wealth of western
civilization improves dramatically, while those who don't own any
capital are substantially worse off.
This in turn leads to enormous pressures to acquire capital, leading
the overworked public to participate in its own opression. Tax sheltered
"retirement" plans lead to even bigger "investments". Will the whole
bloody thing crash once the baby boom reaches retirement and tries
to cash in on this capital? I suspect so, but you don't hear much
about this from economists. You'd think people would learn from
history about overvalued markets, but mental models are incredibly
recalcitrant about accepting historical data which don't match current
conditions.
Followups truncated, sci.econ added.
mt
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Subject: Re: The Limits To Growth
From: jmc@Steam.stanford.edu (John McCarthy)
Date: 12 Nov 1996 16:26:12 GMT
In article <569bn0$24s@agate.berkeley.edu> ssusin@emily11.Berkeley.EDU (Scott Susin) writes:
 > 
 > jw (jwas@ix.netcom.com) wrote:
 > : In <565ehv$qm9@agate.berkeley.edu> ssusin@emily11.Berkeley.EDU (Scott
 > : Susin) writes: 
 > : >If the absolute catch is constant, then there's fewer fish per capita
 > : >every year.  
 > 
 > : Only if you ignore fish farming.
 > 
 > If true, so what?  My point is basically that we're managing our
 > fisheries badly.  Even if fish farming can compensate for that,
 > that's no reason to screw up the oceans.
 > 
 > In any event, fish consumption per capita in the US, though higher
 > than in 1970, fell from 1987-1994.  And fish farming hasn't 
 > kept prices from rising 40% faster than inflation since 1970.
Susin is painting with too broad a brush.  
Some fisheries are being managed well - by enforced quotas - and
others are being managed badly.  Gradually the nations that fish are
coming into agreement.  It isn't so easy, because nations that haven't
fished in certain major fishing grounds until recently are taking what
they consider to be their share.
The Spaniards point out that they have been fishing for cod off the
Grand Banks for more than 500 years, i.e. since before Columbus, and
have acquired certain habits.  This led to their squabbles with the
Canadians with the EEC giving the Spaniards lukewarm support.
According to the Canadians, the cod are recovering now - at least in
the areas under direct Canadian control.
Also the overfished species of whale are coming back, but the problems
there are complicated by the fact that many people don't want whales
fished, no matter how abundant they become.  Unfortunately for them,
the international organization dealing with whales has a charter only
to make the fishing sustainable, not to abolish it for sentimental
reasons.  This forces the whale lovers to lie, and they do it very
well.
-- 
John McCarthy, Computer Science Department, Stanford, CA 94305
http://www-formal.stanford.edu/jmc/progress/
During the last years of the Second Millenium, the Earthmen complained
a lot.
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Subject: Re: The Limits To Growth
From: jmc@Steam.stanford.edu (John McCarthy)
Date: 12 Nov 1996 16:35:41 GMT
Scott Susin includes:
     I think I'm going to vow never to say anything about
     technology again, except that it can't be measured.
Susin is exhibiting a willful ignorance of technology that is all too
common among economists.  Economists like to regard technology as just
another factor of production characterized by one number - the return
on investment.  I recently read _The Mosaic of Economic Growth_, and
all the articles but one (by a chemical engineer) exhibited that
fault.
Each technology has its own specific characteristics, and failure to
take them into account leads to absurdities.
One consequence of the economists' disdain for technology, more
broadly a disdain for specifics, is that it is apparently impossible
to get input-output matrices for the American economy these days.  If
someone knows where they might be available, please let me know.
-- 
John McCarthy, Computer Science Department, Stanford, CA 94305
http://www-formal.stanford.edu/jmc/progress/
During the last years of the Second Millenium, the Earthmen complained
a lot.
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Subject: Re: The Limits To Growth
From: jmc@Steam.stanford.edu (John McCarthy)
Date: 12 Nov 1996 17:48:42 GMT
So Population Action International considers it impossible that that
the production of farmed fish can reach the present catch 85 million
tons of wild fish.  I am not surprised that Population Action
International would say that - or that Jay Hanson would take their
statement as authoritative and not requiring substantiation.
-- 
John McCarthy, Computer Science Department, Stanford, CA 94305
http://www-formal.stanford.edu/jmc/progress/
During the last years of the Second Millenium, the Earthmen complained
a lot.
Return to Top
Subject: Re: I will no longer respond to barks from the kennel.
From: jmc@Steam.stanford.edu (John McCarthy)
Date: 12 Nov 1996 17:27:44 GMT
In article <32889C11.6C6F@ilhawaii.net> Jay Hanson  writes:
 > charliew wrote:
 > 
 > > you're taking up a lot of bandwidth with this crap.  We've
 > > all had ample opportunity to learn of your opinion about the
 > > connection between entropy and food production.  Many of us
 > > are not convinced, no matter how many times you post your
 > > same senseless, extremely long document.
 > 
 > charliew, PLEASE DO NOT READ ANYTHING I WRITE!
 >           ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
 >           PLEASE PUT ME IN YOUR KILLFILE!
 >           ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
 > 
 > My posts are not indended for our four-footed-friends.
 > 
 > I will no longer respond to barks from the kennel.
 > 
 > That includes you, jw, Harold and McCarthy -- so far.
 > 
 > Jay
I am unable to accede to Jay Hanson's request that I not comment on
his posts.  When I read a post that I consider mistaken, I respond to
it for what I imagine to be the benefit of the audience.  Sometimes it
benefits the poster, but I am ready to give up on Jay Hanson changing
his mind on anything.
There is one way Hanson can reduce the number of replies I make to his
posts.  When he posts a document he has posted before, he should note
that fact and note who replied to a previous posting.  I would then
often skip the opportunity to reply to the same document again.
-- 
John McCarthy, Computer Science Department, Stanford, CA 94305
http://www-formal.stanford.edu/jmc/progress/
During the last years of the Second Millenium, the Earthmen complained
a lot.
Return to Top
Subject: part 38: vince foster, the NSA, and bank spying
From: "J. Orlin Grabbe"
Date: Tue, 12 Nov 1996 10:53:50 -0800
	Part 38:  Allegations Regarding Vince 
	   Foster, the NSA, and Banking 
		Transactions Spying
		by J. Orlin Grabbe
	     (continued from Part 37)
	What answers Jim Leach's House Committee on 
Banking and Financial Services received from the 
National Security Agency's (NSA's) Inspector General is 
not known, but apparently the NSA stonewalled the 
investigation.  On July 23, 1995, Gregory Wierzynski 
emailed me, asking "Do you have suggestions on how we 
could verify some of the elements in the Norman story? 
I've talked to Chuck in Kentucky and am still in touch 
with him. But his stories have not panned out, even 
partially. I would be most interested in your ideas."  I 
found this statement remarkable, and knew that 
Wierzynski was being deliberately obtuse.  Moreover, 
neither I--nor anyone else of my acquaintance--had told 
Wierzynski that I was talking to Chuck Hayes in Nancy, 
Kentucky.
	Jim Norman had first suggested that I call Hayes--
had even implied that Hayes wanted me to call--but 
initially I had been reluctant to do so.  There were enough 
people trying to get me off the Internet, and I was dubious 
of the motives of an ex-intelligence operative.  But when I 
finally did so, we spent a hour and twenty minutes on the 
phone in a wide-ranging conversation about money-
laundering.  I jumped around from topic to topic, bringing 
up numerous obscure connections between the 
intelligence community and banking.  In each case Hayes 
was right there with me, adding details to what we were 
discussing.  From time to time I would make deliberate 
mis-statements to see if Hayes would catch the 
discrepancies.  He did.  By the end of the conversation it 
did not matter to me whether Chuck Hayes was just a 
hillbilly Kentucky junk dealer or an ex-member of  CIA's 
division D.  His knowledge spoke for itself.  He had an 
intimate acquaintance with banking wire transfers, bank 
computer operations, and banking-intelligence 
connections, as well as detailed insights into current 
hidden money-laundering channels.
	Hayes was already familiar with my article *The 
End of Ordinary Money*.  He said he had gotten his copy 
from the CIA library. The CIA had apparently either 
downloaded it from the Internet, or perhaps had obtained 
it through Robert Steele.  Eric Bloodaxe, a.k.a. Chris 
Goggans, an ex-Legion of Doom member who edited a 
hacker publication called *Phrack*, had suggested I sent 
copies to Winn Schwartau of *Information Warfare* fame, 
and to Robert Steele, whose company Open Source 
Solutions, Inc., published a newsletter entitled *OSS 
Notices*, which advocated some radical changes to the 
process of intelligence collection.  Steele had reviewed 
them as follows:  "J. Orlin Grabbe has produced the first 
two in a series of three papers on digital cash, and I found 
them both educational and provocative. . . . He 
approaches the matter from a civil libertarian/civil 
disobedience perspective, and I find his perspective on the 
history of U.S. policy and technology, as well as the 
alternatives, well-worth review.  This is a thoughtful 
popular perspective on issues of electronic privacy which 
bears on both the protection of intellectual property and 
electronic civil defense" (*OSS Notices*, vol. 3, issue 5,  
May 31, 1995).                  
	Chuck and I had some differences, to be sure.  
Hayes was spending much of his time tracking drug-
money laundering through the U.S. financial system.  I 
looked at the War on Drugs from an economic 
perspective: supply restriction leading to vast profit 
margins, with concomitant political payoffs and political 
corruption, while in the meantime prisons were being 
over-crowded with casual drug users.  It was an exercise 
in insanity.  Nor was I a fan of the DEA, with its record of 
civil rights violations.  Hayes, by contrast, liked the DEA 
for their street smarts, which contrasted with the desk-
level bureaucrats he was somewhat contemptuous of at 
the CIA.  But Hayes was gunning for the people at the top 
of the drug-dealing and money-laundering pyramid, and 
this was fine with me.  There was a close association 
between those administering the War on Drugs, and those 
profiting from it.  In the case of money-laundering, it was 
even more blatant:  it was hard to differentiate the money 
launderers from those that administered the money-
laundering laws.  I did not approve of the money-
laundering laws themselves with their invasions of 
personal financial privacy. But on the other hand, hoisting 
government junkies on their own petard did not perturb 
me.  Over a period of time, Hayes and I developed an 
information-sharing arrangement.
	Hayes was at the moment following the financial 
flows through Arkansas financial institutions, as well as 
through Mellon Bank in Pittsburgh.  Also involved were 
New York banks, some members of the Chicago 
Mercantile Exchange, and at least one important official 
at the Federal Reserve. On the Arkansas front, Hayes was 
quite open in telling me he was going to nail Jim Guy 
Tucker to the wall, and over the following year I watched 
him do just that.  One might assume from such a 
statement that Hayes was a Republican, out to get 
Democrats.  But in fact Hayes' father had been a local 
Democrat party official, and Hayes had been a friend and 
admirer of John Kennedy.  Hayes was not political in that 
sense, any more than I was.  
	Some people have a strange habit of trying to 
interpret everything in political terms.  When I first spoke 
to Sarah McClendon, she asked me, "Why are people 
saying all these things about Clinton, and they aren't 
saying anything about George Bush?"  I refused to bite.  I 
told her I didn't give a shit about the difference between 
Republicans and Democrats--that this was about 
criminality, not about partisan politics.  Some people--
Republican or Democrat--are honest, and some are not.  
Sarah herself kept referring to the Clintons (Bill and Hill) 
as "virgins," which amused me to no end.  But my interest 
was not partisan, and never has been.
	In a contrary vein, Jack Blum, who recently joined 
Jim Leach's House Committee on Banking as an 
investigator (and who quickly recommended they drop 
their Mena investigation), told Marianne Gasior that I was 
a right-wing nut because of what I had written about Bill 
and Hillary Clinton.  Marianne said, "I don't think so," 
and read off my resume.  Blum's response:  "You're 
kidding."  Gasior was politically a liberal Democrat, and 
when she was pursuing a case against Kennametal, which 
had done business with Iraq during the Gulf War, she 
received some support from Democrat politicians, 
because the issue was embarrassing to Republican 
interests. *Time Magazine* did a write-up of her efforts ("A 
Matter of Honor," June 21, 1993). But when she began to 
ask questions about what Hillary Clinton was doing on 
the board of Lafarge Corporation, which was part of the 
same smuggling network, Democrat support for her 
research quickly evaporated (see "Whatever Happened to 
Iraqgate?", *The American Spectator*, November 1996.)  
To the average political hack, partisanship always takes 
precedence over the search for truth.
	In Wierzynski's case, while supposedly 
investigating money-laundering for the House Committee, 
he seemed to be actually serving other interests--perhaps 
the Pentagon's, perhaps someone else's.  Hayes had come 
up with financial records showing that fifty to seventy 
million dollars a day of drug-related money was being 
laundered through the institutions he was looking at.  
Wierzynski couldn't understand how such a thing was 
possible.  He wanted "proof" in a neat little package, say a 
memo entitled "Today's Money-Laundering Report".  He 
seemed to expect to ask a few questions, and then *voila!*--
the darkest secrets of American political life would be 
exposed. So it is not surprising that Wierzynski's 
investigation had gone nowhere before Jack Blum arrived 
to call the whole thing off.  Meanwhile, Wierzynski's son, 
in school in England, had been indicted for supplying 
information to a group of Russian hackers in St. 
Petersburg, who had pulled off a heist of Citibank funds.
	Both Wierzynski and Stephen Gannis, the Counsel 
for the House Committee on Banking and Finance, were in 
touch with a San Francisco attorney named Charles O. 
Morgan.  Systematics (now a subsidiary of Alltel) had 
hired Morgan to lie about its relationship to the NSA, and 
Morgan proceeded to do just that.  In an April 5, 1995, 
letter to Michael Geltner, an attorney for Agora, Inc., 
Morgan wrote:  "None of ALLTEL's operations or 
subsidiaries has ever had any connection in any capacity 
with the Central Intelligence Agency, the National 
Security Agency, or any other similar agency in the 
United States Government; . . ."  But recent documents 
obtained under the Freedom of Information Act by *The 
Washington Weekly* from NSA show that, for example, 
that "The Arkansas-based security contractor Systematics 
Inc. on September 14, 1990 was awarded a $166,000 NSA 
contract to build a 'Sensitive Compartmented Information 
Facility' (SCIF) in Ft. Gillem, Georgia" (*The Washington 
Weekly*, Nov. 11, 1996).  
	Morgan similarly denied any connection between 
Web Hubbell and Systematics, writing, "Webster Hubbell 
never served as an attorney or in any other capacity for 
ALLTEL Corporation, or for any of its operations or 
subsidiaries, other than a single instance in 1983, when 
Systematics, Inc., engaged Mr. Hubbell to pursue a 
competitor that was using Systematics, Inc.'s propriety 
software without authorization; . . ."  But it is a matter of 
public record that when in 1978 Jackson Stephens tried to 
take over First American bank (later acquired by BCCI), 
that the bank sued Systematics along with BCCI, Bert 
Lance, and Jackson Stephens.  Filing briefs for 
Systematics were Webster Hubbell, along with C.J. Giroir 
and Hillary Rodham Clinton.  (Hubbell subsequently went 
to the Justice Department, and then to jail, after receiving 
a $500,000 payment for unspecified legal services from 
Indonesia's Lippo Group.  C.J. Giroir left the Rose Law 
Firm and set up a consulting firm to arrange deals 
between the Lippo Group and Arkansas-based firms.  
Hillary Clinton recently declared her friendship for ex-
Lippo employee and Democrat fund-raiser John Huang, 
and was also indicted by grand juries in Little Rock and in 
New York in October 1996.  These indictments have not 
yet been made public.)
	But the non-pursuit of the drug-money laundering 
trail by the Leach Committee was not surprising.  It 
stepped on too many toes.  Hayes and I agreed that the 
U.S. was being rapidly transformed into a narco-republic.  
The drug cartels had penetrated the highest levels of the 
Justice Department and the FBI, elements of the 
intelligence community, and were additionally bribing a 
broad assortment of state and federal government 
employees and politicians.  Even more alarming, the 
cartels were now making inroads into the White House.  
And the Clinton administration, with lax security 
stemming largely from a variety of drug-related issues, 
along with a pre-existing legacy of political corruption in 
Arkansas, had created a free-for-all playground for 
foreign agents.  Everything was for sale, from trade policy 
to nuclear codes. Moreover, Bill Clinton (or perhaps those 
he surrounded himself with, while he partied on the side) 
was making rapid progress in turning the FBI and the 
Secret Service into a private political police force--a 
Gestapo whose duty was to investigate and harass (and 
even kill) his political opponents, and to cover up 
evidence of his own bad deeds.    
	Extraordinary times required extraordinary 
measures.  Enter the Fifth Column.
		(to be continued)
November 12, 1996
Web Page:  http://www.aci.net/kalliste/    
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Subject: Re: The Limits To Growth
From: brshears@whale.st.usm.edu (Harold Brashears)
Date: Tue, 12 Nov 1996 19:21:15 GMT
l.mcfadden@mail.utexas.edu (Loretta McFadden) wrote for all to see:
>Mike wrote:
>
>> >Tremendous increases, although the curve is obviously approaching an
>> >asymptote.  Rice, another staple, has recently seen the introduction of new
>> >high-yield species and is increasing along similar lines.   Dozens of
>> >companies are creating new species of fruits and vegetables; expect another
>> >yield explosion here within the next decade.
>
>OK - I promise to butt out after this - in fact I don't think I'll be able
>to stand reading this outdated debate. Mike, why are you acting as if the
>"Green Revolution" hasn't been debunked years ago? 
Really, who debunked it and when?  If this were the case, would we not
be seeing declining yields/acre?  Do you have evidence of this, or do
you consider your assertion sufficient?  See "world Crop Production",
USDA/FAS, WCP 5-87, May, 1987 or "World Agricultural Production",
WAP-1-91, Jan 1991.
>Why are you ignoring the real reason farmland is declining in this country
>(ie: being covered in suburpia) - because so much of it has lost it's
>value as farmland, thanks to the ignorant short-term strip-mining approach
>of petro-chemical farming? 
USDA has been studying soil erosion for years, and would like nothing
more than to prove it to be a large problem, and hence generator of
programs for them to administer.  Their survey found the average loss
to be 7 tons a year per acre of farmland, while natural regeneration
runs at 5 tons a year/acre.  Call it a net loss of 2 tons per acre.
Two tons an acre is 1/65 of an inch.  Thus, in 65 years, the average
farmland will lose 1 inch of topsoil.  Assuming it has been farmed the
entire 65 years.  Some fallow years will make up for this loss.
>Hey - even the popular press (GASP) has heard
>the news. Much of the best farmland in this country eroded into the ocean
>years ago. Biggest question of all - why are you on this list? Is it just
>to bait people who acknowledge these facts? 
I don't know about Mike, but I understand your arguments.  You make
assertions, present no references, state that even the press agrees
with you (like that's a good reference!), then question the motive of
the character of the previous poster.  Too typically an example of
modern postings on the net.
>Betsy
Is your name Loretta or Betsy?  Or both?
Regards, Harold
----
"Monster one minute.  Food the next."
	Kiakshuk, Inuit Hunter
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Subject: Re: The Betrayal of Science and Reason
From: 99@spies.com (Extremely Right )
Date: Tue, 12 Nov 1996 14:19:47 +0100
In article <568pgk$4fn@grissom.powerup.com.au>, gakp@powerup.com.au (Karen
or George) wrote:
> In article <3287C1C8.278A@ilhawaii.net>, jhanson@ilhawaii.net says...
> >
> >For Immediate Release
> >
> Surely, this is commercial advertising that is supposed to be a no-no
> in discussion groups.  Besides, it has no relevance for sci.econ, so it
> constitutes a double violation of netiquette.
> 
> George Antony
Jay Hanson 
At the core of Betrayal of Science and Reason is a systematic
debunking of the myths advanced by the brownlash, such as:
   * there is no extinction crisis
Jay is performing a valuable service and I for one don't have time to read
much more than abstracts. 
ER> Erlich incredibly is whing about the problem HE CREATED. This time the
sky is absolutely positively without a doubt cross my heart and hope you
die...
###8up
Jay Hanson 
At the core of Betrayal of Science and Reason is a systematic
debunking of the myths advanced by the brownlash, such as:
   * there is no extinction crisis
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Subject: Re: Inequality and Stratification.
From: Roy_Langston@mindlink.bc.ca (Roy Langston)
Date: Tue, 12 Nov 1996 11:04:11 -0800
In article <568s8l$jm7@earth.alpha.net>, jeblair@earth.execpc.com (Je
Blair) wrote:
> Thus wealth (assets-liabilities) is the integral of net income (money in -
> money out) over time. Or to look at it the other way, income is the
> derivative of wealth. But none of this really answers the question of which
> is the BETTER measure of economic well being.
It does if you are paying attention...
> This is basically a
> subjective judgment; but I think the men/women example in the post
> indicates that most people think income is the better measure. 
They are simply and totally wrong.  Would you be better off with an income
of $1 million a year, and have to pay every penny, year after year, as
part of a court settlement, or for an expensive medical treatment?  Or
would it be better to have absolutely _no_ income, but $1 billion in
assets to spend as you wish?
It would be difficult to understate the intellectual capacities of someone
who thinks income is a better measure of economic well-being than assets.
>              ASSETS as a LIABILITY?
> 
> You challenged my suggestion that in certain cases, what is normally
> considered an asset can be a liability.  And yes, this does on the surface
> appear to be a contradiction. But I will stick by my claim and give some
> additional examples.
> 
> A. Porgy and Bess, Act 1, Scene 2: In the song "I got plenty o' nuttin'",
> Porgy explains that he is happy that his life is not burdened by material
> possessions.  "the folks with plenty of plenty got to keep a lock on the
> door. Afraid somedody's agoin' to rob'em while dey's out amakin' more."
> (dare I post this on sci.econ??)
"Freedom's just another word for nothin' left to lose."  Sure.  But
freedom != economic well-being.
> B. From my original post: an elderly couple with a low income who own their
> own home with no desire to move. The more the value of their house
> increases, the higher their property tax bill, and the less they have to
> spend. For them, the richer they are, the less they can afford. This is
> especially a problem in Wisconsin where a modest home can have property
> taxes of $3-4,000 per year, and is rising rapidly every year.
More of the same old shell game.  The elderly couple have _chosen_ what
they want to spend their money on: their property taxes.  If that does not
suit them, let them get a reverse mortgage, or arrange for deferment of
their taxes until they pass away or no longer want the house.  
Would you whine about someone's  poverty if they wanted to spend all their
money on drugs, but government operations were increasing the price out of
reach?  What if they were living on their own 200-foot yacht, and the
maintenance costs were eating up all their income?  Would you still claim
that they are not well-off?
> C. Landlords in a rent controlled area often cannot charge enough rent to
> cover their property tax bill, and cannot evict the tenants.
???  The problem is rent control, not property taxes.  Can this really be
so difficult to understand?  Suppose the official price of grain is set
well below the minimum cost of production (as it is in some countries):
would you complain about the cost of land, the cost of seed, the cost of
fertilizer, the cost of labour, but never mention the
_price_control_?????????
> David Suskin
> had a program on this many years ago in NY City. He was trying to show how
> selfish slumlords are when one of them offered to sell him an apartment
> building (assessed value hundreds of thousands of dollars) for one dollar.
> He refused the offer.
There is an additional irrationality in NYC: improvements are taxed at
twice the rate of land.  This policy is guaranteed to produce slums.  One
study estimated that if this tax ratio were to be reversed, NYC would be
totally free of dilapidated buildings within 10 years.
> E."It is harder for a rich man to get into Heaven than for a camel to pass
> through the eye of a needle". Will great wealth be a asset on Judgement
> Day?
We're not talking about Judgment Day.  We're talking about Tax Day.
>         FAMILY vs PERSON
> 
> Finally, in judging economic well being, should income (or wealth) figures
> be used on a per person or a per family basis. I argue for family, to avoid
> the problem of many people (children and non-working spouses) who are well
> off but have no income. You say this will give tax incentives for people to
> marry (or more likely today to NOT marry--see "the economics of marriage on
> my web page).
> 
> But I am just considering the question of what kind of statistics to
> consider when evaluating economic well being. This does not imply any
> POLICY positions about how to IMPROVE it.
Probably the best way is to measure the per-person spending (_not_ income)
of each family unit that shares expenses.
-- Roy Langston
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Subject: Re: I will no longer respond to barks from the kennel.
From: brshears@whale.st.usm.edu (Harold Brashears)
Date: Tue, 12 Nov 1996 19:23:51 GMT
Jay Hanson  wrote for all to see:
>charliew wrote:
>
>> you're taking up a lot of bandwidth with this crap.  We've
>> all had ample opportunity to learn of your opinion about the
>> connection between entropy and food production.  Many of us
>> are not convinced, no matter how many times you post your
>> same senseless, extremely long document.
>
>charliew, PLEASE DO NOT READ ANYTHING I WRITE!
>          ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
>          PLEASE PUT ME IN YOUR KILLFILE!
>          ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
>
>My posts are not indended for our four-footed-friends.
>
>I will no longer respond to barks from the kennel.
>
>That includes you, jw, Harold and McCarthy -- so far.
>
>Jay
If you are referring to me, I am sorry you do not agree with me, but I
admit you could be correct in that the best thing for you is to no
longer read what I post.  I think that is an excellent idea, which you
should pursue with vigor.
I will not necessarily be doing the same, but I may, on occasion.
Regards, Harold
----
"If environmentalists  were to invent a disease to bring 
human populations back to sanity, it would probably be 
something like AIDS."
     - Earth First newsletter,  December 1989, 
	Vol. 17, No. 4, Access to Energy.
Return to Top
Subject: Re: The Betrayal of Science and Reason
From: aquilla@erols.com (Tracy Aquilla)
Date: Tue, 12 Nov 96 18:49:51 GMT
In Article <568pgk$4fn@grissom.powerup.com.au>, gakp@powerup.com.au (Karen
or George) wrote:
>In article <3287C1C8.278A@ilhawaii.net>, jhanson@ilhawaii.net says...
>>
>>For Immediate Release
>>
>>          Contact: Lisa Magnino at press@islandpress.com
>>---------------------------------------------------------------
>
>[hard-sell spiel deleted]
>
>>Betrayal of Science and Reason: How Anti-Environmental Rhetoric
>>Threatens Our Future
>>By Paul R. Ehrlich and Anne H. Ehrlich
>>Shearwater Books/Island Press
>>Publication Date: October 21, 1996
>>320 pages, Appendices, index
>>Hardcover: $24.95 ISBN: 1-55963-483-9
>>
>>Members of the press: please send two tearsheets of any mention of this
>>title to our Washington address: Island Press 1718 Connecticut Ave., NW,
>>Suite 300. Washington, DC 20009. When providing ordering information,
>>please use the following: Island Press, Box 7, Dept. 2PR, Covelo, CA
>>95428;
>>800/828-1302.
>
>Surely, this is commercial advertising that is supposed to be a no-no
>in discussion groups.  Besides, it has no relevance for sci.econ, so it
>constitutes a double violation of netiquette.
>
>George Antony
You expected less? Isn't making money the point of writing the book?
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Subject: Re: SCREW THE USA! MOVE TO AUSTRALIA!
From: Apocalyptic Aardvark
Date: Tue, 12 Nov 1996 14:07:47 -0600
Zepp wrote:
> 
> nedkelly@ais.net (Ned Kelly) polluted the cyberspace with this:
> 
> >Dave Feustel (feustel@netcom.com) wrote:
> 
> >: I expect emigration from the US to Australia will drop precipitously
> >: now that Australia has essentially banned civilian ownership of
> >: firearms.
> 
> >Good. That'll keep the right wing cretins out!
> 
> You mean there ISN'T a great big sign over Sydney Harbour saying
> "American Turncoats, Troublemakers and Malcontents Welcome Here"?
Actually, I believe they do welcome Turncoats, Troublemakers, and 
Malcontents.  Just not Americans.  ;)
-- 
"I wish the guy that shot John Lennon had missed and
hit Yoko instead." -- Tom Bernard, KQRS Morning Show
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Subject: Re: The Limits To Growth
From: dlj@inforamp.net (David Lloyd-Jones)
Date: 12 Nov 1996 20:37:19 GMT
Jim Wright  wrote:
>"Mike Asher"  wrote:.
>
>> Competition and predators decrease,
>>while food supply increases.  Larger, slower-breeding fish will decline in
>>demand as lower-priced, more efficient species dominate the market.
>
>That's an interesting application of economic ideology to biological 
>systems.  There was a guy named Lysenko who tried the same thing in the
>USSR with disappointing results. 
Demonstrating that Wright would like to impress us with name dropping,
but in fact knows nothing about Lysenko.  Lysenko's fallacies were
two, "his "vernalization" nonsense, a variety of Lamarkian
evolutionism, and his convenient and conventional public Marxism.
Neither has anything to do with what Asher quite accurately says about
the response of consumers to the change in relative prices of various
fish in the market.  
"Application of economic ideology to biological systems" is also not
an accurate characterisation of Lysenko's mistakes, although it is
certainly the case that like any Soviet careerist he dressed his toys
in Marxist clothing.  I suspect that Wright's way of describing
Lysenko has its own roots in American right-wing propaganda.  The
amount of garbage that got (and gets) taught in American schools in
order to bring children to hate and fear Russia and Cuba is the wonder
of the rest of the world.
                                      -dlj.
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Subject: Re: The Limits To Growth
From: dlj@inforamp.net (David Lloyd-Jones)
Date: 12 Nov 1996 20:37:22 GMT
l.mcfadden@mail.utexas.edu (Loretta McFadden) wrote:
>Why are you ignoring the real reason farmland is declining in this country
>(ie: being covered in suburpia) - because so much of it has lost it's
>value as farmland, thanks to the ignorant short-term strip-mining approach
>of petro-chemical farming? 
Betsy,
This simply isn't true.  The land being covered by suburbia is not
worn out and useless; it is among the best farmland we have, because
we naturally build cities where the land is good.  It is being pulled
out of farming because it is more useful as roads and housing.
>                          Hey - even the popular press (GASP) has heard
>the news. Much of the best farmland in this country eroded into the ocean
>years ago.
And we'll pull it out of the Gulf of Mexico the same way the Dutch
pull it out of the North Sea, the very moment it becomes worthwhile to
do so.
                                       -dlj.
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Subject: Re: The Limits To Growth
From: ssusin@emily11.Berkeley.EDU (Scott Susin)
Date: 12 Nov 1996 20:32:19 GMT
Steinn Sigurdsson (steinn@sandy.ast.cam.ac.uk) wrote:
: ssusin@emily11.Berkeley.EDU (Scott Susin) writes:
: > These figures are from the Consumer Price Index, so it's the price
: > of fish in supermarkets in US metro areas.  It's a weighted average
: > of all types of fish, and includes products like canned tuna.
: > Also, I could have been clearer about how I calculated these figures.  
: > From 1970-1995, overall inflation was 393%, while the price of fish
: > rose 548%.  I quoted 548/393 = 1.4, or a 40% higher relative price.
: Those will then include a different bunch of fish
: in the initial and final figures. Eg in the 80's significant
: amount fresh fish was airlifted to restaurants on the East
: Coast, at a considerable premium, a practise that would
: have been unthinkable in 1970.
The fact that the basket of fish changes implies that the
price change is _understated_.  If people hadn't compensated
for the price increase by switching to cheaper fish,
the index would have increased by more than 40%.
Also, the index I quoted doesn't include restaurant food
(that's why I described it as "the price of fish in
supermarkets").
: Penetration of ocean fish to markets in the central US
: increased, as did market penetration of prepared fish,
: both practises involve higher cost retail in exchange
: for consumer convenience.
I doubt that this effects the CPI.  I think you're 
confusing the price level with price changes.
: A number of different species of fish were introduced to
: US markets in that interval, some "exotics" that again
: commanded a premium price.
You misunderstand how new goods are introduced into the CPI.
Expensive new varieties of fish won't increase the index,
unless they are also _increasing_ in price rapidly.
: Finally, exchange rates fluctuated in the interval, 
: and a fair chunk of US consumption is imported.
This is totally irrelevant.  The CPI people check out
the price of fish in retail establishments, and 
don't make any distinction between domestic and
imported.
: BTW, there has been substantial technological improvement
: in fist cathcing. This has been dampened both by high
: capital cost of replacing equipment, and, more significantly,
: very high subsidies of inefficient fisheries by many nations.
--
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
Scott Susin                                   "Time makes more converts than   
Department of Economics                        Reason"                      
U.C. Berkeley                                  Thomas Paine, _Common_Sense_
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Subject: Re: The Limits To Growth
From: dlj@inforamp.net (David Lloyd-Jones)
Date: 12 Nov 1996 20:37:15 GMT
masonc@ix.netcom.com (Mason A. Clark) wrote:
>4.  The acidity of the "no limits" posters is not buffered by 
>     the fact that the worriers may have some points and may, by 
>     their anti-Pollyanna program be a major factor in postponing
>     the time of reckoning.
Mason,
This is perfectly plausible, but is not in fact true.  Us acid tongued
ones are the people who are in fact creating useful and usable
mechanisms or reckoning -- cost benefit analysis, international
treaties, arrests on the high seas, etc. etc.  There is of course more
to be done, and we're doing it.
The people you quite conservatively call Pollyannas are doing nothing
useful; if anything they harm the cause they claim to support,
bringing legislation, regulation, and negotiation into disrepute by
demanding laws and rules which are harmful and impotent.  The
Environmental Protection Agency in its first flush of ukases is an
example of such laws and rules, and it is only now, 20 years later,
that the agency is becoming practical enough to do more good than
harm.
                                -dlj.
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Subject: Re: Ecological Economics and Entropy
From: dlj@inforamp.net (David Lloyd-Jones)
Date: 12 Nov 1996 20:37:24 GMT
Jay Hanson  wrote:
>In other words, if humans are greedy, stupid and violent
>now, then science must assume that they will remain so.
And if, stupid and violent though we be, more of us live better every
year, and our reserves of resources continually increase, then things
look pretty good for the future, don't they.
>Conversely, if humans actually DO manage to somehow
>change their behavior for the better, then carrying
>capacity goes up.  For example, Earth might be able
>to support 6 billion Amish.
Your problem with the Amish is that they don't watch television, and
keep themselves is seventeenth century ignorance of technology.  If
you had six billion Amish right now, you'd have 18 billion Amish to
feed in twenty years. The economic, technical and social breakdown
would really be Armageddon of some sort.  
Indeed Amish society is hitting major crisis right now, with appalling
levels of violent and financial crime, disaffection, and family
breakdown among the young.  
                                      -dlj.
                              -dlj.
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Subject: Re: The Necessity of Capitalist Growth
From: dlj@inforamp.net (David Lloyd-Jones)
Date: 12 Nov 1996 20:37:27 GMT
"Jeffrey Matthews Lamb"  wrote:
>
>The idea of infinite growth seems to be a rather strange (and dangerous)
>assumption to me - but very, very few folks are challenging it in public -
>which I think stems from the absurdly abstract nature of modern economics. 
The idea that there can be an end to growth -- i.e. that humankind can
construct a world which could not be improved -- seems pretty strange
to me.
> But then I'm a chemist turned activist-minister - economics is not my area
>of expertise...
Indeed the idea strikes me as blasphemous.
                                    -dlj.
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Subject: Re: I will no longer respond to barks from the kennel.
From: dlj@inforamp.net (David Lloyd-Jones)
Date: 12 Nov 1996 20:37:33 GMT
Jay Hanson  wrote:
>My posts are not indended for our four-footed-friends.
Jay, 
You owe jw -- and everybody else in this newsgroup -- an apology.  You
have no right to post this level of insult in this space.  You have
gone out of bounds.
                                 -dlj.
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Subject: Re: The Limits To Growth
From: dlj@inforamp.net (David Lloyd-Jones)
Date: 12 Nov 1996 20:37:12 GMT
ssusin@emily11.Berkeley.EDU (Scott Susin) wrote:
>:  > >     Here are some more figures:
>:  > >     % change in price, 1970-1993 (Producer Price Index)
>:  > 
>:  > >     Finished Goods:   317%
>:  > >     Chicken:          178%
>:  > >     Fish:             528%
>:  > 
>
>The producer price index for "finished goods" is a reasonable measure 
>of constant dollars.  The price of fish has increased by 66% relative
>to other goods.  
50%.  (100+528)/(100+317) = 1.5059952, it sez here.  Of course that's
no big deal if you don't eat much fish, compared to say the amount of
car you drive.
>This is consistent with the theory that it's getting harder to
>increase the supply of fish, or even maintain it at a constant 
>level.
True.  But it's also consistent with the fact that when you dress your
catfish in Louisiana hoity-toit, and sell it anywhere north of the
Mason and Dixon, you get a 528% price increase, even if you grew it in
the sluice of your hog barn.
                                -dlj.
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Subject: Re: Canadian States?
From: dlj@inforamp.net (David Lloyd-Jones)
Date: 12 Nov 1996 20:37:09 GMT
"Speak English Or Die!"  wrote:
>- you have a higher assault rate than america
This could very well be true. A cop who can't get himself assaulted
five times on Saturday night between the time the bars close and the
3:30 a.m. donuts isn't doing his job.  Assault in Canada is shouting
at somebody across the back fence as often as it is knifing somebody
in the US>
>        - you have a higher burglary rate than america
This could also very well be true.  My house was burgled six times in
a year one of the times I lived in Washington.  After the police
staged a alrge phoney "stolen goods" bust, and displayed the obviously
bought-for-the-occasion junk that they put on display ("sold to buy
thousands of dollars worth od drugs," they said of pile of trash which
you could buy for $200 or sell for $25 at any flea market in town),
they made their theft records open to the public.  I looked at mine,
and it turned out I had been burgled once, and the IBM Selectric I had
reported at $660, its actual cost, was listed as a $60 item.
Canadian burglaries, by contrast, are reported, and stay reported.
>        - you can learn it from any pair of almanacs
And if you think carefully enough you can sometimes distinguish truth
from fiction.
                                    -dlj.
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Subject: Re: The Limits To Growth
From: mohn@are._delete_this_.berkeley.edu (Craig Mohn)
Date: Tue, 12 Nov 1996 21:43:52 GMT
jmc@Steam.stanford.edu (John McCarthy) wrote:
>One consequence of the economists' disdain for technology, more
>broadly a disdain for specifics, is that it is apparently impossible
>to get input-output matrices for the American economy these days.  If
>someone knows where they might be available, please let me know.
They are available on punchcards, with a COBOL program to read them.
I/O matrices aren't really fashionable for economic analysis anymore,
because they don't really give the sort of detail needed to model
substitution and technological change.  The data used to construct
them is used to calibrate more sophisticated models, but even these
are regarded skeptically.  They are usually too highly aggregated, and
often (like most macroeconomic data) not even internally consistent
without a bit of massaging.  They are your basic grainy
black-and-white snapshot in a high-resolution, 3-D, 32-bit color
world.
Craig
Note that my email address in this message header is incorrect,
to foil email spammers.  If replying to me use my real email address:
mohn@are.berkeley.edu 
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