Re: Innovation (was Of Coase)

To: PEN-L@xxxxxxxxxxxxxxxx
Subject: Re: Innovation (was Of Coase)
From: Michael Perelman <michael@xxxxxxxxxxxxxxxxx>
Date: Sat, 19 Jul 2003 10:12:58 -0700
User-agent: Mutt/1.2i

Les is correct about innovation.  Most studies indicate that innovation is
much more rapid in depression conditions.  During booms, firms have less
pressure to innovate.  I don't have time to elaborate, since I am under
deadline to finish the index for my new book.
 --
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx

References:
- Innovation (was Of Coase)
  - From: Les Schaffer

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Thread context:
- In Support of the NOAC's Call for a Unified Anti-War Action in the Fall, Yoshie Furuhashi Sat 19 Jul 2003, 17:49 GMT
- Cause for Alarm, Louis Proyect Sat 19 Jul 2003, 15:06 GMT
- Innovation (was Of Coase), Les Schaffer Sat 19 Jul 2003, 15:05 GMT
  - Re: Innovation (was Of Coase), Jurriaan Bendien Sat 19 Jul 2003, 16:04 GMT
  - Re: Innovation (was Of Coase), Michael Perelman Sat 19 Jul 2003, 17:13 GMT
  - <Possible follow-up(s)>
  - Innovation (was Of Coase), schaffer Sat 19 Jul 2003, 17:31 GMT
- New nuances in the bourgeois approach to women's liberation: prostitution is not nice, Jurriaan Bendien Sat 19 Jul 2003, 12:24 GMT
- Rich and Poor in New Zealand today, or why the wealthy may have to put up bigger fences in the future, Jurriaan Bendien Sat 19 Jul 2003, 09:53 GMT
- Death of British WMD expert, Chris Burford Sat 19 Jul 2003, 08:20 GMT

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