Tussing on Greenspan

Here are some possible reasons why Greenspan is talking higher interest rates, while unemployment remains high, economic growth slow, etc. He thinks that the stock market is dangerously inflated and wants to move money to less speculative investments. He doesn't see much improvement in the US ex

Tussing on Greenspan

Here are some possible reasons why Greenspan is talking higher interest rates, while unemployment remains high, economic growth slow, etc. He thinks that the stock market is dangerously inflated and wants to move money to less speculative investments. He doesn't see much improvement in the US ex

Trade theory

I strongly recommend Michael Hudson's new book, Trade, Development and Growth. He rips neo-classical trade theory and shows that early economists such as Sir James Steuart and Josiah Tucker had it right 200 years ago. -- Michael Perelman Economics Department California State University Chico, CA

Trade theory

I strongly recommend Michael Hudson's new book, Trade, Development and Growth. He rips neo-classical trade theory and shows that early economists such as Sir James Steuart and Josiah Tucker had it right 200 years ago. -- Michael Perelman Economics Department California State University Chico, CA

fed rumblings

This is entirely speculative, but don't forget the political business cycle. Clinton must stand for reelection in two and a half years. If the economy is permitted to grow between now and then there may be more likelihood of a downturn at that time. (The cause might be either endogenous or exoge

fed rumblings

This is entirely speculative, but don't forget the political business cycle. Clinton must stand for reelection in two and a half years. If the economy is permitted to grow between now and then there may be more likelihood of a downturn at that time. (The cause might be either endogenous or exoge

No Subject

on the Marxist theory of international trade, you might want to look at Anwar Shaikh's work in SCIENCE AND SOCIETY a few years ago (I don't have the reference here). His main element is a rejection of the classical view of the determination of exchange rates. This leads to a rejection of comparat

No Subject

on the Marxist theory of international trade, you might want to look at Anwar Shaikh's work in SCIENCE AND SOCIETY a few years ago (I don't have the reference here). His main element is a rejection of the classical view of the determination of exchange rates. This leads to a rejection of comparat

No Subject

From: Jonathan Nitzan and Shimshon Bichler To:all interested parties Conference Panel on "THE CHANGING POLITICAL ECONOMY OF ARMS EXPORTS" Planni

No Subject

From: Jonathan Nitzan and Shimshon Bichler To:all interested parties Conference Panel on "THE CHANGING POLITICAL ECONOMY OF ARMS EXPORTS" Planni

No Subject

Terry Allen, editor of Cover Action Quarterly, is looking for people to write about the emerging global economic order - the WTO, G7, IMF, and the rest of it. Anyone interested should contact her at 202-331-9763. Doug Doug Henwood [[EMAIL PROTECTED]] Left Business Observer 212-874-4020 (voice) 2

No Subject

Terry Allen, editor of Cover Action Quarterly, is looking for people to write about the emerging global economic order - the WTO, G7, IMF, and the rest of it. Anyone interested should contact her at 202-331-9763. Doug Doug Henwood [[EMAIL PROTECTED]] Left Business Observer 212-874-4020 (voice) 2

Fed follow-up

A follow up to my previous posting on the Fed. Rumor has it (and in this case I have it from a highly reliable gossip) that the Clinton adminstration is using its proposed overhaul of bank regulations, which would strip the Fed of much of its regulatory power, as a way of tying the Fed's tightenin

Fed follow-up

A follow up to my previous posting on the Fed. Rumor has it (and in this case I have it from a highly reliable gossip) that the Clinton adminstration is using its proposed overhaul of bank regulations, which would strip the Fed of much of its regulatory power, as a way of tying the Fed's tightenin

Greenspan's inflation fears

First of all, never believe anything a Fed chief says; Greenspan is expert at blowing smoke (without even the assistance of a cigar, unlike Volcker). He's been making noises like this for month, but the fed funds rate is still locked at 3%. Until that rises - and it may, in a matter of days or wee

Greenspan's inflation fears

First of all, never believe anything a Fed chief says; Greenspan is expert at blowing smoke (without even the assistance of a cigar, unlike Volcker). He's been making noises like this for month, but the fed funds rate is still locked at 3%. Until that rises - and it may, in a matter of days or wee