[PEN-L:8500] Radical Statistics AGM

1997-02-07 Thread Julian Wells
Radical Statistics annual meeting + Saturday 22 February 1997 Coram's Fields, London WC1 - Numbers into Policy -- agenda for a new government +

[PEN-L:8512] Nairu, etc.

1997-02-07 Thread PHILLPS
Not only have I got Jim D responding in hot denial, also my other colleague and (usually) agreeable friend, Barkely R. :-) Hey, none of it was personal nor were my comments directed to anyone personally. In fact, (if I must confess) I had deleted the comments from my mail and was only responding

[PEN-L:8514] Re: NAIRU, etc.

1997-02-07 Thread MScoleman
This also happened in the first half of the nineteenth century in the states. Prior to the huge waves of Irish immigration starting in 1843, there were a series of federal, state, and local reports which strongly encouraged the use of women laborers in factories. It was said that

[PEN-L:8515] Re: capital mobility restrictions

1997-02-07 Thread BAIMAN
On Fri, 27 Dec 1996, Steele, Jen wrote: I'm curious what pen-l folks have to say about capital mobility restictions, such as a return to a fixed exchange rate system, as a means for stabilizing local economies. Personally, I have a hard time inagining it. Do you think it's feasible?

[PEN-L:8502] Bulgaria - Self-finance vs Subsidise

1997-02-07 Thread Wendell W. Solomons
In an effort to initiate a non-US dominated topic: What would people on the list do if they were put in charge of economic policy in Bulgaria today? [EMAIL PROTECTED] From Wendell W. Solomons [EMAIL PROTECTED] ... Five years ago I faxed the Chief Economist of the World Bank to

[PEN-L:8492] Re: Bowie bonds

1997-02-07 Thread Max B. Sawicky
On 6 Feb 97 at 14:34, Doug Henwood wrote: How about that David Bowie issuing $55 million in 10-year, 7.9% bonds on his future record sales? That's only about 130 basis points over comparable Treasuries. But if Kazakhstan - whose banking sector is collapsing into the state's arms, and which

[PEN-L:8507] Re: cockroach and pen-l list...

1997-02-07 Thread Rosser Jr, John Barkley
I want to apologize to Michael P. and to the list (what, again?!). I feel responsible for bob malecki having come onto this list. He was drawn in because of my posting my infamous New Year's attack on Louis Proyect to the marxism-international list as well, where bob hangs out. Since

[PEN-L:8513] Long waves

1997-02-07 Thread PHILLPS
Barkely suggests we may be on the beginnings of a long wave (swing) upswing by referring to the fact that investment/GNP has been rising. Others have poo-pooed the whole concept of long waves, a subject I don't want to debate at this time. I do, however, want to make two points. The first is

[PEN-L:8505] Re: the four questions

1997-02-07 Thread Rosser Jr, John Barkley
Well, we have already been through this with a lot of people expressing strong skepticism, including Doug, but it sure looks to me those early stages of the long wave upswing, ooh ooh. Barkley Rosser On Fri, 7 Feb 1997 10:39:24 -0800 (PST) Thad Williamson [EMAIL PROTECTED] wrote: At

[PEN-L:8496] The Necessity For A World Outlook III

1997-02-07 Thread SHAWGI TELL
Let us go back a bit to our riddle of what came first, the chicken or the egg, structure or function, practice or theory? If waging the class struggle and politics, or, in short, practice, are not put in the first place, how is it possible to raise the question of acquiring a world outlook?

[PEN-L:8493] Re: Nairu, etc.

1997-02-07 Thread Tom Walker
Now, if you started calling it the CGRU (the Capitalist Greed Rate of Unemployment), I might be less critical. Bill M, if I remember correctely, has an alternative expression which is closer to the mark -- but please don't call it natural. Perhaps we should call the US homicide rate the

[PEN-L:8498] Re: the four questions

1997-02-07 Thread Thad Williamson
At 04:34 PM 2/6/97 -0800, [EMAIL PROTECTED] wrote: My cursory reading of the domestic spending during the last few years is: government spending/GDP down; private fixed investment/GDP up significantly consumer demand/GDP flat. Isn't this kind of an upset, a private investment-driven

[PEN-L:8497] Re: You're in charge of Bulgaria's economy

1997-02-07 Thread Eugene P. Coyle
In an effort to initiate a non-US dominated topic, what would people on the list do if they were put in charge of economic policy in Bulgaria today? Peter [EMAIL PROTECTED] I'd enroll at Berlitz and try to learn Bulgarian by midnight.

[PEN-L:8494] FW: BLS Daily Report

1997-02-07 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, FEBRUARY 6, 1997 RELEASED TODAY: In July through September of 1996, there were 947 mass layoff events lasting more than 30 days, resulting in the separation of 198,398 workers from their jobs. A year earlier, employers reported that they had laid off 173,827

[PEN-L:8495] The Necessity For A World Outlook II

1997-02-07 Thread SHAWGI TELL
It can be said that this is the point at which a world outlook also begins to develop. This species called homo sapiens did come into being, but it is now at such a stage in its development that it is divided between those who want to play the role inherent to the species, that is, continue

[PEN-L:8499] Re: the four questions

1997-02-07 Thread Anders Schneiderman
At 04:34 PM 2/6/97 -0800, you wrote: 4)How would you evaluate in general the thesis that American capitalism is, one way, or another headed for a long period of stagnation/slow growth? and if this is true, will it be tolerable enough that the Rob. Samuelsons, etc, can continue to pass it off

[PEN-L:8506] Re: Capacity Utilization Rate

1997-02-07 Thread Laurence Shute
Capacity utilization is also a tricky area. I haven't looked lately, but years ago the rate was changed to "profitable" capacity utilization rate. Guess what that did to capacity utilization rates? Perhaps others working currently in the area can shed more light on this. Larry Shute

[PEN-L:8509] Re: You're in charge of Bulgaria's economy

1997-02-07 Thread [EMAIL PROTECTED]
From: [EMAIL PROTECTED] Subject: [PEN-L:8486] You're in charge of Bulgaria's economy X-Comment: Progressive Economics In an effort to initiate a non-US dominated topic, what would people on the list do if they were put in charge of economic policy in Bulgaria today? Let's keep

[PEN-L:8508] Re: Nairu, etc.

1997-02-07 Thread Rosser Jr, John Barkley
Paul, Just for the record, I note that in my discussion of the NRU I labeled it an invention of Milton Friedman, called it an essentially empty concept, said it did not necessarily equal NAIRU, to the extent that exists, and that both were covers for the reserve army. Was I on your

[PEN-L:8501] Discouraging competition, encouraging profits in drugs

1997-02-07 Thread HANLY
The material below is reposted from BUSNET a Canadian newsgroup devoted to business ethics. It is obviously relevant to health care reform. It shows the power of pharmaceutical giants to protect their profits and discourage competition even when they do not have patents for products.

[PEN-L:8504] Re: You're in charge of Bulgaria's economy

1997-02-07 Thread Doug Henwood
At 10:17 AM -0800 2/7/97, Eugene P. Coyle wrote: I'd enroll at Berlitz and try to learn Bulgarian by midnight. Of course, you could just deal with the IMF, the World Bank, and the Morgan Bank in English and have your staff work the details. Doug -- Doug Henwood Left Business Observer 250 W

[PEN-L:8511] Re: the four questions

1997-02-07 Thread Tom Walker
Barkley Rosser wrote, Well, we have already been through this with a lot of people expressing strong skepticism, including Doug, but it sure looks to me those early stages of the long wave upswing, ooh ooh. Yeah, right. Is that the part of the upswing that heads down first or the part

[PEN-L:8510] Re: Nairu, etc.

1997-02-07 Thread blairs
Second, some of the comments here (not Paul's) seem to imply that rising wages, at whatever rate of unemployment they occur, are the cause of inflation. In other words, some of the discussion even here on PEN-L seems to be about the rate of unemployment at which rising wages trigger rising