Re: more economist scandals

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

You are right.  I think that they began with war simulations.  I guess that we should
all prefer the simulations to the real thing, but the cotton response is truly wierd.
The guy was an undersecretary under Bush I, University of Chicago trained, but his
belief in free trade ran up against the politics of Cal. ag.

Sort of like time when Iowa came down on an economist who had the temerity to suggest
that margarine was no less nutritious than butter.  Those concerned with transfats
might agree today, but the Iowa people were more concerned about the dairy farmers.


On Sat, May 15, 2004 at 07:14:04PM -0700, dsquared@xxxxxxxxxxxxxxxx wrote:
> On Sat, 15 May 2004 18:50:34 -0700, Michael Perelman
> wrote:
>
> >
> > I didn't get any responses from my note about Nobel
> > prize-winning economist, Harry
> > Markowitz, as the cofounder of one of the two infamous
> > military contractors
> > associated with the prisoner abuse scandal.
> >
>
> I was gonna reply with a brief chuckle - it's actually
> a bit unfair because Markowitz set up CACI as a
> computer programming firm (the first two letters stand
> for California Analytics) and it only blossomed into
> the thugs 'n' dogs operation it is today after years of
> sucking on the military teat.
>
> cheers
>
> dd

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu