[PEN-L:6850] Re: The limits of Chinese "anti-imperialism" (fwd)

1999-05-14 Thread Henry C.K. Liu
Stephen: You are correct to be concerned, but at least the debate has been revived and the outcome may be a reduction of dependence on foreign trade and investment. Shanghai, like New York, does not represent all of China. Henry C.K. Liu Stephen E Philion wrote: > Recall what I said last week

[PEN-L:6852] Re: Re: una preguntita

1999-05-14 Thread Bill Burgess
Tom L. replied to my objection to protectionism: >Ok. Bill what's your plan? Unions should focus on defending workers from *our* bosses, not delude ourselves that we can fix international capitalism. I responded to your suggestion that our task is to set the standards for the rest of the world b

[PEN-L:6851] Re: Nonsense on Stilts

1999-05-14 Thread Jim Devine
>Consider the recent story about a truck driver who gave a lift to a man in a dark suit. The man in the suit asked the driver if he ever invested in stocks. He replied that not only did he do so, but that he had been able to buy a tropical island with the proceeds. This is the modern equivalent of

[PEN-L:6847] Nonsense on Stilts

1999-05-14 Thread Michael Perelman
THE FINANCIAL TIMES May 13 1999 NONSENSE ON STILTS Most of the rationalisations for the Wall Street boom were foreshadowed in the run-up to the 1929 crash Samuel Brittan Whatever Wall Street's immediate reaction to the long-awaited departure of Robert Rubin as Treasury secretary, it w

[PEN-L:6845] Re: RE: Old "foggies"/"fogeys"

1999-05-14 Thread Michael Perelman
Peter is correct that radical economics is not reproducing itself. The space for new left economists is limited to a few liberal arts colleges, Catholic institutions, and less prestigious state colleges. For the most part, these do not have graduate programs. During the '60s, students demanded

[PEN-L:6844] Re: Re: Re: Re: Old "foggies"/"fogeys"

1999-05-14 Thread Peter Dorman
Let's be blunt. Nonneoclassical economics is not reproducing itself. It needs a fresh supply of PhD's who can be hired to teach new ones *in graduate programs*. With a few exceptions the radical/alternative programs (UMass, New School, AU, Notre Dame, etc.) hire people from mainstream programs.

[PEN-L:6815] Re: Re: Old "foggies"/"fogeys"

1999-05-14 Thread Michael Keaney
On Fri, May 14, 1999, 2:42 pm, Tom Walker wrote: >>Michael Keaney wrote: >> >>>One possible advantage accruing from present circumstances - more an >>>unintended side effect - is that the so-called old fogeys preserve what >>>remains of heterodox teaching and research. >> >>On the other hand: >>

[PEN-L:6846] The limits of Chinese "anti-imperialism" (fwd)

1999-05-14 Thread Stephen E Philion
Recall what I said last week about the often confused discourse of anti-imperialism and neo-liberal ideology taking plaace in China at the moment... Steve > >HK Standard >May 15, 1999 > >Backlash against US goods could boomerang > > STORY: SHANGHAI: Chinese citizens would damage the

[PEN-L:6843] People's Daily Commentary and Mark Twain

1999-05-14 Thread Yoshie Furuhashi
Charles: >Barkley: > I get my versions from the Washington Post >which reports stuff that is not just from "official >spokespersons." > >Charles: This is not very critical thinking. To buy the >idea that the monopoly media is independent from the >U.S. power structure is to be under U.S. Big Brot

[PEN-L:6842] Re: Re: Re: Bubble bursts finally with a vengence!

1999-05-14 Thread christian a. gregory
howdee, although wall street prices aren't indexed in the cpi, i'm wondering if there is some relationship between the stock market boom and inflation. perhaps what the notion of a "bubble" is supposed to imply--but given that securities are relatively liquid, wouldn't there be something to the i

[PEN-L:6840] Re: Re: Re: Re: Re: Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread J. Barkley Rosser, Jr.
Ken, Actually, I am already on record as saying that Albright is the major player on the NATO side in this. She must be held responsible, more than anybody else for the pointlessly civilian dead ("but we had good intentions!") in Yugoslavia, whose numbers are unfortunately just going to keep

[PEN-L:6841] Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread Louis Proyect
Barkley wrote: >Louis, >OK, so what's your solution? Partition? >Domination and discrimination by minority >Serbs of majority Albanians? Removal of >majority Albanians by minority Serbs by force? I come at this from a somewhat different angle than most people. I don't think there can be pea

[PEN-L:6839] Re: Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread J. Barkley Rosser, Jr.
Louis, "Originally the home of Serbia's founding dynasty..." Uh, Louis, did history begin in the 12th century? I think that we have been through these deep historical exercises already. You want to start waxing eloquent about Kosmet as the "spiritual home" of the Serbs? Give us a break.

[PEN-L:6838] Re: Re: Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread J. Barkley Rosser, Jr.
Jim, Well, as a further addendum to my earlier response to Louis, another hard fact is that there has been tension and at times violent conflict, between the Serbian and Albanian ethnic populations in Kosovo- Metohija for a long time and certainly off and on all of this century. Furthermore

[PEN-L:6837] Re: Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread J. Barkley Rosser, Jr.
Louis, OK, so what's your solution? Partition? Domination and discrimination by minority Serbs of majority Albanians? Removal of majority Albanians by minority Serbs by force? Or, my preferred approach, enforcement of everybody's rights by an external group, preferably, as Gysi urges, f

[PEN-L:6836] Re: An important Sean Gervasi article

1999-05-14 Thread Louis Proyect
There's been some confusion about where exactly this article is on the Covert Action webpage. Here is the exact URL which will point you to it: http://www.covertaction.org/lead_frameset_5.htm Louis Proyect (http://www.panix.com/~lnp3/marxism.html)

[PEN-L:6835] Re: Compensation for Mistakes?

1999-05-14 Thread Doug Henwood
Ken Hanly wrote: >Does NATO intend to pay any compensation to the Chinese for the >mistaken attack on its embassy? The unexploded cruises are a gift to Chinese reverse engineers. Doug

[PEN-L:6834] Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread Louis Proyect
>Louis, that's an interesting article, but is there any evidence that Hoxha >actively sought to subvert Yugoslavia by arming ethnic Albanian Kosovars, >propagandizing them, etc.? And did Tito and his successors respond in any >way? I'll tell you the truth. I've been digging through the history o

[PEN-L:6829] Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread Louis Proyect
>to what extent are the current troubles in Serbia due to Enver Hoxha's >efforts to attack Tito (or due to antagonisms between the old Yugoslavia >and the old Albania)? > >Jim Devine >From an article by David Binder, NY Times, Apr. 19, 1981: Outsiders sometimes forget that socialist Yugoslavia

[PEN-L:6828] Re: una preguntita

1999-05-14 Thread Tom Lehman
Ok. Bill what's your plan? Your email pal, Tom Bill Burgess wrote: > At 04:04 PM 13/05/99 -0400, Tom L. wrote: > > >What we do here sets the standard for the rest of the world! > > This is partly true, but when linked to various protectionist-like schemes > it really means "we" come first, whi

[PEN-L:6826] Re: Re: Bubble bursts finally with a vengence!

1999-05-14 Thread Doug Henwood
Tom Walker wrote: >APRIL CPI STILL SHOWS NO SIGNS OF WAGE-PUSH INFLATION. Quite true. The real wage growth of the last few years seems to have peaked. Real wages are still positive, year-to-year, but ebbing. Doug

[PEN-L:6823] Re: Military (was EPR, prison, interest rates)

1999-05-14 Thread Michael Hoover
> Robert Naiman wrote: > >>So how does the U.S. look compared to other OECD countries if you count > >>institutionalized adults as part of the population? Can one also account > >>for the role of the military? > > Doug gave us the figures on incarceration, but what about the military? I > remembe

[PEN-L:6830] Re: Re: Re: Re: Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread Ken Hanly
Now that's just like Barkley to obtain vicarious pleasure in imagining His Excellency dead and then imagining as well that the present Kosovo mess might not have followed. But why not pick on some of the pro-NATO heroes? Imagine that Clinton's inordinate sexual desires got the better of him last f

[PEN-L:6819] Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread Louis Proyect
Barkley wrote: > I think that this is a very interesting letter. >Unfortunately we all must face another hard fact. >Part of the fact that Milosevic has won (nor more >"petulance," Louis, now I'll just call him a schmuck >and a mass murdererer (would the 200,000+ of the >Croatian-Bosnian war b

[PEN-L:6818] Re: Re: Re: Old "foggies"/"fogeys"

1999-05-14 Thread J. Barkley Rosser, Jr.
Michael, The problem is that the heterodox old fogeys are not in positions of power in the main Ph.D. granting institutions. There are a few such institutions that have heterodox economics programs. But they are few in number and their graduates have a great deal of trouble getting placed ou

[PEN-L:6817] Re: Re: Re: Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread J. Barkley Rosser, Jr.
Michael, I do not think that "evil emanates from a single person," certainly not always. But when one person seems to be generating a lot of it, I do not see any reason not to point a finger and hold responsibility. In this case, let's think about it carefully. This is repetition of st

[PEN-L:6824] Compensation for Mistakes?

1999-05-14 Thread Ken Hanly
Does NATO intend to pay any compensation to the Chinese for the mistaken attack on its embassy? THere seems no mention of this, just profuse apologies. Shouldn't NATO at the very least pay for the damage, and perhaps some compensation to families of the victims? Was there ever any compensation for

[PEN-L:6822] Re: Re: Re: Old "foggies"/"fogeys"

1999-05-14 Thread Ken Hanly
Seems to me that a lot of the heterodox old foggies have become converted to orthodox fogdom with their spectacles fogged by a slightly different coloured fog. Those who a few years ago may have asked interesting questions re Marxism have settled down in a sort Walrasian Analytical Marxism, that t

[PEN-L:6794] Re: una preguntita

1999-05-14 Thread Rob Schaap
Doug writes: >Didn't Joan Robinson say that the only thing worse than being exploited >under capitalism is not being exploited? Your mate Manuel Castells seems to say this, too. Without having much to say for or against the Marxian argument for the category of exploitation, he merely pronounce

[PEN-L:6813] Re: Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread J. Barkley Rosser, Jr.
I think that this is a very interesting letter. Unfortunately we all must face another hard fact. Part of the fact that Milosevic has won (nor more "petulance," Louis, now I'll just call him a schmuck and a mass murdererer (would the 200,000+ of the Croatian-Bosnian war be alive if he had die

[PEN-L:6832] DC Heath?

1999-05-14 Thread DOUG ORR
Does D.C Heath publishing still exist? If not, who bought them? Thanks, Doug Orr PS if they exist, does anyone know their URL?

[PEN-L:6833] Re: Re: Re: Re: Re: Gregor Gysi letter toSlobodan Milosevic

1999-05-14 Thread Jim Devine
At 01:54 PM 5/14/99 -0500, Ken wrote: >But why not >pick on some of the pro-NATO heroes? Imagine that Clinton's inordinate >sexual desires got the better of him last fall and he had a passionate >affair with Madeline Albright and she had a fatal heart attack during sex. >Imagine also that at the

[PEN-L:6831] Re: Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread Jim Devine
>>From an article by David Binder, NY Times, Apr. 19, 1981: Louis, that's an interesting article, but is there any evidence that Hoxha actively sought to subvert Yugoslavia by arming ethnic Albanian Kosovars, propagandizing them, etc.? And did Tito and his successors respond in any way? Jim Dev

[PEN-L:6827] Re: Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread Jim Devine
At 01:31 PM 5/14/99 -0400, Louis wrote: >Barkley, you leave out enormous gaps in your account of the Balkan >problems. Milosevic's attack on Kosovan autonomy did not come out of the >blue. It was preceded by at least 7 years of mounting tensions in which >Kosovars had made life miserable for the a

[PEN-L:6825] una preguntita

1999-05-14 Thread Bill Burgess
At 04:04 PM 13/05/99 -0400, Tom L. wrote: >What we do here sets the standard for the rest of the world! This is partly true, but when linked to various protectionist-like schemes it really means "we" come first, which is not a sound basis for international solidarity. Bill Burgess >

Re: [PEN-L:6794] Re: una preguntita

1999-05-14 Thread Anthony D'Costa
I think so (refers to your question at the end). Manuel Castells' take on the global-informational economy is that it incorporates and it excludes. His effort in showing how it excludes (Africa, inner cities, child labor) should not be interpreted as calling for inclusion under exploitative relat

[PEN-L:6821] A thought on inflation

1999-05-14 Thread Michael Perelman
Now that inflation has returned to the financial pages, at least for a day, and papers are filled with glowing stories about corporate consolidations, I wonder if we're going to see a return to the idea that corporate power is a major factor in price increases? -- Michael Perelman Economics Depa

[PEN-L:6801] Old "foggies"/"fogeys"

1999-05-14 Thread Michael Keaney
On Thu, May 13, 1999, 7:30 pm, Michael Perelman wrote: > >Jim Devine made a point that I raised some time ago. In my department, the >average tenure must be about 20 years. We have no young people and we old >foggies hang on. Previously, when we had more openings, some young people did >not ge

[PEN-L:6809] Re: una preguntita

1999-05-14 Thread Charles Brown
Tom L, So true, so true, my friend, And then I look at the O.J. case, Littleton, Bill "all is fair in love and war" Clinton, the fall of the Soviet Union , DNA results of all kinds, etc. and I think: Truth is stranger than fiction; life imitates art. I'll do a web search on Ewen. I heard a g

[PEN-L:6808] Bubble bursts finally with a vengence!

1999-05-14 Thread Henry C.K. Liu
It looks like the real thing this time. All shares dropping rapidly, Europe lost an average of 2% overnight. Dow is dropping faster than I can type - 121 points in 8 minutes since opening and falling. 30 yr bond edges towar 6%. If it continues into next Monday, it will be all over. If it doesn't,

[PEN-L:6806] Re: una preguntita

1999-05-14 Thread Tom Lehman
I too like facts, and when they resonate as urban legend or rumor, I like them even better! Speaking of fiction becoming fact, rather than fact becoming popular---take a look at Stuart Ewen's book PR! A Social History of Spin. The novel thing about rumors and legends, is they often turn out to

[PEN-L:6816] affirmative action

1999-05-14 Thread Jim Devine
Michael Keaney writes: >All of which is to say that my original point was that recruitment policies focusing primarily or significantly on the race, class or gender of applicants/candidates should also recognise the intellectual individuality of these individuals. Otherwise we can be as politicall

[PEN-L:6805] una preguntita

1999-05-14 Thread Charles Brown
TL My idea is WE are correct, virtuous, highminded, cultured, beautiful, efficient, poets, practical, sporty, pals ,all that. Nothing's too good for the working class. It is THEY (the tophats) who are wrong, bad, lowdown, incorrect, grammatically off, trashy. As we say in the vernacular.

[PEN-L:6804] Re: Re: Re: Re: Re: Re: una preguntita

1999-05-14 Thread Tom Lehman
Yes, they sure do---and I really don't care how it's phrased. Vernacular is vernacular. And I'm sure your an expert on Detroit vernacular. ;o) I read super market tabloids and enjoy urban legends, too. Your email pal, Tom L. Charles Brown wrote: > Tom, > > Don't you think most politicians

[PEN-L:6814] Re: Re: Gregor Gysi letter to Slobodan Milosevic

1999-05-14 Thread Michael Perelman
Barkley raises an important question. If we buy into the fact that all evil emanates from a single person, then the strategy of demonization works well. I suspect we should look at larger social forces. J. Barkley Rosser, Jr. wrote: > would the 200,000+ of the > Croatian-Bosnian war be alive

[PEN-L:6803] BLS Daily Report

1999-05-14 Thread Richardson_D
JUST OUT: CPI up 0.7% March to April, 2.3% from April 1998 to April 1999. These are much larger than anything I have seen in a long, long time. Part but not all of this is due to gasoline: the "core" rate, excluding Food and Energy, was up 0.4% in April. Dave - > BLS DAILY REPO

[PEN-L:6802] Re: Re: Re: Re: Re: una preguntita

1999-05-14 Thread Charles Brown
Tom, Don't you think most politicians need a lot of political correction ? Charles >>> Tom Lehman <[EMAIL PROTECTED]> 05/13/99 04:04PM >>> Well, Jim, if it's controls on capital flows. And you can combine that with an effort to educate and legislate controls right into the corporate charters o

[PEN-L:6812] Re: Old "foggies"/"fogeys"

1999-05-14 Thread Tom Walker
To coin a term: is there a "heterodoxymoron"? At 07:25 AM 5/14/99 -0700, [EMAIL PROTECTED] wrote: >Michael Perelman wrote: > >>>In my department, the >>>average tenure must be about 20 years. We have no young people and we old >>>foggies hang on. > >Michael Keaney wrote: > >>One possible advant

[PEN-L:6811] Re: Bubble bursts finally with a vengence!

1999-05-14 Thread Tom Walker
APRIL CPI SOARS 0.7%, MOST SINCE GULF WAR. As Doug can remind us, though, Henry's exuberant expectation may be premature. But the question remains: how are the authorities going to squeek through this one? If the surge in the U.S. CPI can be explained as an anomaly that takes a lot of heat off.

[PEN-L:6810] Re: Old "foggies"/"fogeys"

1999-05-14 Thread Tom Walker
Michael Perelman wrote: >>In my department, the >>average tenure must be about 20 years. We have no young people and we old >>foggies hang on. Michael Keaney wrote: >One possible advantage accruing from present circumstances - more an >unintended side effect - is that the so-called old fogeys

[PEN-L:6807] Bubble?

1999-05-14 Thread Tom Walker
08:30 APRIL CPI NEARLY DOUBLE EXPECTATIONS. 08:30 APRIL CPI CORE UP 0.4%, MOST IN 4 YEARS. How now? regards, Tom Walker http://www.vcn.bc.ca/timework/covenant.htm

[PEN-L:6799] Sorry, Wrong Building.

1999-05-14 Thread Henry C.K. Liu
Should Osama bin Laden explain that he made a "tragic" mistake and that he meant only to bomb the building across the street and walk free after expressing "regret". Food for thought. Henry C.K. Liu Friday May 14 1999 Bin Laden linked to killings REUTERS in