[PEN-L:3975] Re: inflation

From: IN%"[EMAIL PROTECTED]" 30-JAN-1995 19:36:57.56 CC: Subj: [PEN-L:3974] Re: inflation Return-path: [EMAIL PROTECTED] (PMDF V4.3-13 #6545) id [EMAIL PROTECTED]; Mon, 30 Jan 1995 19:36:39 +1100 ("port 2087"@anthrax.ecst.csuchico.edu) by vaxc.cc.monash.edu.au (PMDF V4.3-12 #8933)

[PEN-L:3976] Davidson on NAIRU

For those who missed it, there was a nice letter in the NYT this last week from Paul Davidson (Journ of post Keynes Econ) making fun of NAIRU and pointing out that NAIRU is basically the Fed's and ncds's disguised version of the reserve army of the unemployed. Bob Naiman

[PEN-L:3978] Re: Balanced Budget Amendment

I have news for you Justin, the conservatives will destroy all the social programs they can get their hands on with or wothout the BBA. Especially since the BBA will have not effect those who are in office now. And the idea that they find destroying such programs unpalatable is ludicrous in

[PEN-L:3977] Re: inflation

At 10:19 PM 1/29/95, Eugene Coyle wrote: Ok, I'll take the bait. What are you saying here Doug? Are you saying that high capacity utilization raises costs and thus CAUSES price increases? That seems implied in what you wrote. But you also imply the other assertion, that businesses raise

[PEN-L:3979] capacity utilization

High capacity utilization may have been associated with inflation in the past. Some recent studies by Fed economists suggest that this association will continue. I do not believe it for two reasons. 1. We do not have very good measures of CU. 2. CU causes nothing. It is only associated

[PEN-L:3980] Nothing to worry about

World meltdown looms if Mexico falls, Soros says Davos, Switzerland -- As the Mexican bailout package faced fresh difficulties before the U.S. Congress yesterday, international financier George Soros warned that if Mexico falls, it could bring the world financial system down with it. "That

[PEN-L:3981] Re: capacity utilization

At 9:24 AM 1/30/95, Michael Perelman wrote: High capacity utilization may have been associated with inflation in the past. Some recent studies by Fed economists suggest that this association will continue. I do not believe it for two reasons. 1. We do not have very good measures of CU. No,

[PEN-L:3982] Re: Nothing to worry about

At 9:54 AM 1/30/95, D Shniad wrote: World meltdown looms if Mexico falls, Soros says Davos, Switzerland -- As the Mexican bailout package faced fresh difficulties before the U.S. Congress yesterday, international financier George Soros warned that if Mexico falls, it could bring the world

[PEN-L:3983] RE: capacity utilization

What happens re: the rate of capacity utilization when a facility completely or even partially shuts down, or a business fails? It seems to me that in such cases the remaining capacity would sustain a high utilization rate, while employment would go down.

[PEN-L:3984] Re: Nothing to worry about

Soros has recently put in money in a large petrochemical project in West Bengal (Haldia) India as part of a joint-venture with the ruling Marxist party of the state. Anthony D'Costa On Mon, 30 Jan 1995, Doug Henwood wrote: At 9:54 AM 1/30/95, D Shniad wrote: World meltdown looms if

[PEN-L:3985] RE: capacity utilization

At 11:52 AM 1/30/95, Laurie Dougherty wrote: What happens re: the rate of capacity utilization when a facility completely or even partially shuts down, or a business fails? It seems to me that in such cases the remaining capacity would sustain a high utilization rate, while employment would go

[PEN-L:3986] Evan Jones' address

Please could someone (or Evan himself) pass on Evan Jones' email address at the University of Sydney to me . Thanks in anticipation Martin Watts ([EMAIL PROTECTED])

[PEN-L:3987] Re: Balanced Budget Amendment

the conservatives won't "destroy all social programs"! They will definitely preserve and expand welfare for Lockheed. They will expand all other social programs for the rich and powerful. after that obvious flippant remark, I say we need a better term for _good_ social programs. What about

[PEN-L:3988] Welcome to representative democracy

Chilean Workers Must Adapt, Says Chretien In an article in the January 27, 1995 Edmonton Journal, off of the wire service, Prime Minister Jean Chretien told Chilean trade unionists that they would have to adapt to the changes NAFTA would bring about just as "Canadian workers have".

[PEN-L:3989] Re: capacity utilization

On Mon, 30 Jan 1995 09:25:13 -0800 Michael Perelman said: High capacity utilization may have been associated with inflation in the past. Some recent studies by Fed economists suggest that this association will continue. I do not believe it for two reasons. 1. We do not have very good measures of

[PEN-L:3990] Davidson on the NAIRU

someone mentioned the following letter over pen-l: by Paul Davidson: January 17, 1995 Letters to the Editor Department The New York Times 229 West 43 Street New York New York 10036 To the Editor: Russell Baker's perceptive column "Those Vital Paupers" [NY Times, January 17] displays the