Professor of Economics
SUNY Potsdam



Office
Dunn 222
Phone
315-267-2077
FAX
315-267-2150
E-Mail
nuwermj@potsdam.edu

Train your mind to think critically, to grasp complex problems and to
explore the human condition. These are the uncommon essentials that
will empower tomorrows professionals, citizens and leaders.

Think About It

Curriculum Vitae


"Order, unity, and continuity are human inventions just as
truly as are catalogues and encyclopedias."
--Bertrand Russell

William Blake's 1795 painting of Isaac Newton.
Newton is focused upon diagrams he is drawing with a compass. Upon the scroll we can see the order that arises from the precision of geometry. But Newton has his back to the beauty of the natural world, his sole interest is in his scroll and compasses. The brightly colored flora and fauna and the complexity of the natural world is of no interest to Newton. He is stuck in the circle that he drew with his compass.

the fact that Blake placed Newton at the bottom of the ocean speaks a lot about how he felt towards him. Surrounded by no one, Blake conveyed that Newton was alone.


"In an ugly and unhappy world the richest man can
purchase nothing but ugliness and unhappiness."
-- George Bernard Shaw

"People steeped in the culture of monopoly capitalism do not want what they need and do not need what they want."
-- Paul Baran



The Pursuit of Pointless Consumerism

The busiest streets of London are crowded with shops whose show cases display all the riches of the world, Indian shawls, American revolvers, Chinese porcelain, Parisian corsets, furs from Russia and spices from the tropics, but all of these worldly things bear odious, white paper labels with Arabic numerals and then laconic symbols £ s. d. This is how commodities are presented in circulation.

--Karl Marx: Critique of Political Economy, 1859

Exchange has a history of its own. It has passed through different phases. There was a time, as in the Middle Ages, when only the superfluous, the excess of production over consumption, was exchanged.

There was again a time, when not only the superfluous, but all products, all industrial existence, had passed into commerce, when the whole of production depended on exchange. ...

Finally, there came a time when everything that men had considered as inalienable became an object of exchange, of traffic and could be alienated. This is the time when the very things which till then had been communicated, but never exchanged; given, but never sold; acquired, but never bought — virtue, love, conviction, knowledge, conscience, etc. — when everything, in short, passed into commerce. It is the time of general corruption, of universal venality, or, to speak in terms of political economy, the time when everything, moral or physical, having become a marketable value, is brought to the market to be assessed at its truest value.

The Poverty of Philosophy, 1847

Congradulations to the
San Francisco Giants
2010, 2012 & 2014 MLB Champions

From a lifelong fan



The first team to win three titles in five years since the 1996-2000 Yankees (who won four in five years), just the second since the 1970s A's, and the first National League team since the 1942-46 Cardinals. It's a remarkable achievement.