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Tools and endorsements
There is a group of tools that we are gradually bringing to bear on the underlying problems. The goal is urban restoration. Some of the proposed tools are:
Endorsements
To Carmine Gorga
"sharp and persistent interlocutor -- one does not always reach agreement but the discussion is interesting."
-- Franco Modigliani, Nobel Laureate in economics, Institute Professor, Professor of Economic and Finance, Massachusetts Institute of Technology, 5/1/88
Dear Dr. Gorga:
"I must apologize for my original skepticism regarding your claims. You have indeed written a major treatise (The Economic Process) -- an important work of original scholarship, prepared with great care and presented with eloquence and wit."
-- Alan Reynolds, Vice President, Business and Economic Research, The First National Bank of Chicago, August 17, 1978
Dear Dr. Gorga:
"Thank you very much for the set of proofs of your very-well-written book, THE ECONOMIC PROCESS... Eliot said that history has many contrived passages and convoluted corridors. So does economics. I fear I that I am Hamlet to your Fortinbras. I hope you succeed though."
-- Meyer Burstein, Professor of Economics at CUNY, October 18, 1978
Dear Carmine:
"'The Economic Process' held my attention throughout.... compelling style.... I cannot overemphasize the impression that I got regarding your apparently unusually broad background and your keen insight. Thank you for the opportunity to review the book and for the education and interesting experience. I am convinced that your book has the potential to transpose the field of economics from its present art form to a powerful scientific tool that can perform its vital intended function."
-- Louis J. Ronsivalli, Laboratory Director, U.S. Department of Commerce, NOAA, NMFS, Northeast Fisheries Center, Gloucester, MA, November 20, 1978
Dear Dr. Gorga,
"I would certainly like to thank you for visiting with me here at DRI Monday. After reading your paper ('The Revision of Keynes' Model') and discussing it with Otto (Eckstein), I agreed that your revision to Keynes' model is consistent, and would like to encourage you to continue your research.
"I regret that the press of our ongoing work will prevent our taking part in your research at this time. Thanking you again..."
-- Frank L. Cooper, Ph.D., Senior Economist, Data Resources, Inc., June 26, 1979
Dear Dr. Gorga,
"Unfortunately, NAM cannot provide funding for your project...you should probably aim for producing a series of shorter articles... In order to make articles of this type viable, you would have to develop a formal time series of hoarding... Needless to say, this is a substantial amount of work... you may wish to check with some of the 'supply-siders'... they may have some data that would be of interest..."
-- Gordon Richards, Ph.D., Director, Economic Analysis, National Association of Manufacturers, November 9, 1985
Fondazione Carlo Marchi
Gentlemen:
"This is to support -- strongly, unreservedly and with enthusiasm -- the research proposal, concerning effects of Inflation, submitted by Dr Carmine Gorga (Polis-tics, Inc., Gloucester, Ma. 01930).
"I have known Dr Gorga for about ten years. And I have come to hold him in the highest esteem, partly because of his demonstrated ability in economics, political theory and art, and partly because of the exceptional commitment he has made, against great odds and at great sacrifice, to economic research. I have communicated to him my reservations about his theory of hoarding; but this does not detract from the high quality of Dr Gorga's work or the interest of his theory. Dr Gorga's bona fides with respect to character, persistence, adherence to contractual obligation, etc. are perfect... The proposal is easily supported 'externally'.
"THE PROPOSAL ITSELF. I have been interested in Prof. Modigliani's work in this area, going back to my colleagueship with him at Northwestern University, 1961-2 and continuing over the years, including, of course, the work cited in Dr Gorga's proposal. I am strongly interested in the base from which Dr Gorga proposes to move. (Putting aside the immense, deserved prestige commanded by Prof. Modigliani.) I look forward to continuing consultation with Dr Gorga as the projects unwinds.
"Dr Gorga's proposal may be perceived as being two-pronged. The first strand of thought largely pertains to Modigliani's work; and concerns the important task of obtaining empirical measures of the variables of the theory developed by him, in collaboration with Stanley Fisher and others. The second strand of thought is original with Dr Gorga. The proposed application might, if fancifully, be called an Austrian theory of inflation: Austrian-based theories of the trade (business) cycle emphasize distortion of the structure of production rather than fluctuations of aggregate output; similarly Dr Gorga proposes to emphasize inflationary effects on accumulation of the various stocks (hoarded goods, production goods, consumer goods) featured in Dr Gorga's conceptualization.
"It has been a pleasure to endorse Dr Gorga and his proposal. I urge you to support him."
-- M.L. Burstein, Professor of Economics at York University, June 17, 1987
Egr. Dr. Carmine Gorga,
"As per our wire of 7/28/1987, the Board of Directors of this Foundation has examined your proposal after each Director received a copy. This is the result of an in-depth discussion:
"The topic of your monograph on 'The Real Effects of Inflation' would be of considerable interest to the Marchi Foundation if the framework of analysis and elaboration of data could take into consideration, not only the American economy, but also, and above all, the Italian economy... (Translated from the Italian by CG)"
-- Rosanna Marini, President, Fondazione Carlo Marchi, September 28, 1987
Dear Carmine,
"I am glad to see that you are prepared to start out with Italy. My only question is whether one can count on the needed information being available. Perhaps you need to make your commitment conditional on that information."
-- Franco Modigliani, Nobel Laureate in economics, Institute Professor, Professor of Economic and Finance, Massachusetts Institute of Technology, March 16, 1988
Dear Dr. Gorga,
"You are certainly striking out boldly in new directions and your work ('The Dynamics of the Economic System') promises to yield new insights and results. Our discipline can only benefit from explorations that approach the subject matter in ways that do not simply follow the orthodox methods... With very best wishes for your bold enterprise."
-- William J. Baumol, Professor of Economics at New York University, April 11, 1990
Dear Dr. Gorga,
"I find admirable your effort to combine insights from so varied and different areas of research into a new and fascinating picture. I would be most pleased to follow the evolution of this enterprise ('The Dynamics of the Economic System'). You certainly have a broad research plan to follow."
-- Michele Boldrin, Associate Professor of Managerial Economics and Decision Sciences at J.L. Kellogg Graduate School of Management, Northwestern University, November 2, 1990
Dear Dr. Gorga,
"I have read your paper ('Broad New Directions in Politics and Economics') with the deepest interest. I am certain that your paper will illuminate the minds of many people who read it."
-- Robert F. Drinan, Professor of Law at Georgetown University, January 8, 1991
Dear Dr. Gorga,
"President Kirkland asked me to review your article, 'Broad New Directions in Politics and Economics.' This proposal is certainly interesting and contains many promising ideas. However, I am not sure there is any way to get from here to there--any time soon."
-- Rudy Oswald, Director, Department of Economic Research, American Federation of Labor and Congress of Industrial Organizations, July 1, 1991
Dear Dr. Gorga,
"Thank you for your letter, and for your 'Articles' on Economic Rights and Responsibilities. They seem to me to fit our needs of today, when the political leaders are renouncing responsibility for the welfare of the people. I like the succinct way you have laid out important principles."
-- Howard Zinn, Professor of History Emeritus at Boston University, September 28, 1997
Related Papers
'Toward the Definition of Economic Rights,' Journal of Markets and Morality 2, no. 1 (Spring 1999), 88-101.
'Four Economic Rights: Social Renewal Through Economic Justice for All,' Social Justice Review, January-February 1994, 85 (1-2) 3-6.
'Fisheries Renewal: The Renewal of the Soul of Business,' (with Stuart B. Weeks), The Catholic Social Science Review, Vol. II (1997) 145-161.
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