Ellen Frank did a nice job of handling this question on KPFA about a week ago. Maybe she should chime in.
On Sat, Mar 22, 2003 at 12:25:44PM -0800, Peter Dorman wrote: > I'm both happy and a bit embarrassed at the way this dollar-euro story > is being picked up by the antiwar movement. I'm happy because the > extreme vulnerability of the US payments situation is crucial to any > analysis of the geopolitics of the current moment. Talking about this > represents an advance in sophistication and perhaps preparedness for > what may come. I'm embarrassed because the analyses that are floating > around are highly flawed in their particulars and make it look as though > our side is not very together. I think the fault may lie with us lefty > economists; we who have been studying this for years should be writing > about it, but instead we are leaving it to folks who are trying to > figure it out on the fly... > > Peter > > Carrol Cox wrote: > > >This article by Geoffrey Heard is one of the better I've seen on the > >war. This URL takes you to the printer-friendly version. > > > >Carrol > > > >http://slash.autonomedia.org/print.pl?sid=03/03/20/1330253 > > > > > -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]