[PEN-L:3904] Krause

1995-01-22 Thread Fred B. Moseley
A strange request: does anyone have a copy of Money and Abstract Labor by Ulrich Krause (1982) they would be willing to sell me. It is long our of print and I have been unable to obtain a copy any other way. If so, please send a message directly to me: [EMAIL PROTECTED] Thanks, Fred

[PEN-L:3903] Re: inflation

1995-01-22 Thread Doug Henwood
At 1:33 PM 1/22/95, Michael Perelman wrote: >If consistency is the hobgoblin , then we must acknowledge the greatness >of A. Greenspan. One day, he must raise interest rates to fight inflation. > >The next day, he tells the Congress that the BLS is overstating inflation. As one of at least

[PEN-L:3902] Re: papal economics

1995-01-22 Thread bill mitchell
Doug replying to Jim (who was just covering himself with his bosses anyway - we all have fear of capitalist retribution - its okay mate). said: >>As the Holy Roman >>Catholic Church was to feudalism, the World Bank/IMF is to >>capitalism. It's a better use of time to attack the latter, no? > >No

[PEN-L:3901] inflation

1995-01-22 Thread Michael Perelman
If consistency is the hobgoblin , then we must acknowledge the greatness of A. Greenspan. One day, he must raise interest rates to fight inflation. The next day, he tells the Congress that the BLS is overstating inflation. -- Michael Perelman Economics Department California State Universit

[PEN-L:3900] conventionalisms

1995-01-22 Thread Michael Perelman
I did not mean to suggest that Doug was wrong in noting the role that deficits might play. I was only surprised at the prominence that he gave them. Yes, Bob Pollin's EPI work was excellent. Just as he suggested that falling wages led many working class and middle class families into debt, I w

[PEN-L:3899] Re: more on real interest rate question

1995-01-22 Thread Doug Henwood
At 9:21 AM 1/22/95, Michael Perelman wrote: >Normally, we are led to expect that profit rates and interest rates >move together. I forgot to respond to this. Profit rates are probably a long-term limit to interest rates, but otherwise the two can go all over the place. As interest rates rise, the

[PEN-L:3898] Re: more on real interest rate question

1995-01-22 Thread Doug Henwood
At 9:21 AM 1/22/95, Michael Perelman wrote: >In response to my earlier question about why real interest rates grew during >the 1980s, Doug shocked me by suggesting the conventional growing government >debt explanation. I suspect that rising business debt provides a better >explanation. So I repe

[PEN-L:3897] more on real interest rate question

1995-01-22 Thread Michael Perelman
In response to my earlier question about why real interest rates grew during the 1980s, Doug shocked me by suggesting the conventional growing government debt explanation. I suspect that rising business debt provides a better explanation. So I repeat a variant of my original question: did fallin

[PEN-L:3896]

1995-01-22 Thread Keiichi Yamazaki
More on political economy of Japanese quake... Forwarded mail received from: PUBHEALTH1:PUBHUB:SHPH:SHPH.PUBGATE:"[EMAIL PROTECTED]" Date: 01/21/1995 11:52 am (Saturday) From: Keiichi Yamazaki