There you go again!

2000-09-15 Thread Keaney Michael
The cult of Reagan The Reagan Legacy Project is hell-bent on securing a prominent memorial for Ronnie in the US capital. Martin Kettle in Washington argues that posterity should be doing the hard work The Guardian, Friday September 15, 2000 The cult of the individual is normally part of the

Re: Gas prices

2000-09-15 Thread Max Sawicky
Our resident enviro economist Jim Barrett says it is supply problems in the U.S. -- failure to maintain refinery and pipeline capacity. The regulatory component is about five cents to the gallon. mbs A former student who is now in Congress wants me to tell him why gas prices are high. Do you

Re: Re: Gas prices

2000-09-15 Thread Jim Devine
At 12:38 AM 9/15/00 -0400, you wrote: In a message dated 9/15/00 12:17:43 AM Eastern Daylight Time, [EMAIL PROTECTED] writes: why gas prices are high. Do you have any inputs that I should pass on? Isn't the FTC looking into possible antritrust violations? Tell him to ask over there. --jks

Re: Re: Re: Thanks Brad, was The legacy of Juan Perón

2000-09-15 Thread Jim Devine
At 07:53 PM 9/14/00 -0700, you wrote: Since you have read Amsden, you know that the policies that she recommends are the complete opposite of those that Peron pursued. Amsden believes in subsidizing exports. Peron taxed them. These are different situations, referring to different kinds of

Re: Re: Query on teminology, was Re: . . .labor/gender issues/corpor...

2000-09-15 Thread Jim Devine
Micro economics, basically price theory, is so called because it deals with market equilibriations based on small scale interactions--sales, purchases--that are aggregated. Luckily, micro is more than price theory. There are all sorts of relations between consumers and firms beyond buying

Progress in India?

2000-09-15 Thread Michael Perelman
"How Real is the Secular Decline in Poverty in India?" BY: MUNGILA H. SURYANARAYANA Indira Gandhi Institute of Development Research (IGIDR) Document: Available from the SSRN Electronic Paper Collection:

Re: Re: Re: Re: Thanks Brad, was The legacy of Juan Perón

2000-09-15 Thread Jim Devine
Brad wrote: Since you have read Amsden, you know that the policies that she recommends are the complete opposite of those that Peron pursued. Amsden believes in subsidizing exports. Peron taxed them. I wrote: These are different situations, referring to different kinds of products. It makes

Lights out for those who don't pay the privatizers.

2000-09-15 Thread Ken Hanly
Also they cut off schools and hospitals. Cheers, Ken Hanly The Guardian (UK) 15 September 2000 Power chief cuts off army and railway Ian Traynor in Moscow Elite army units are seizing power plants, new-born babies are at risk and trains on the trans-Siberian railways are grinding to a halt

Re: in praise of sweatshops

2000-09-15 Thread Brad De Long
http://www.spp.umich.edu/rsie/acit/ -- Michael Perelman Well, Jagdish and T.N. are broadly right: the focus of the campaigns has been on stopping the purchase of goods from "sweatshops" rather than on upgrading conditions in "sweatshops." Getting textile firms to pay higher wages in the

Re: Re: Re: Re: Thanks Brad, was The legacy of Juan Perón

2000-09-15 Thread Brad De Long
I do not think Amsden's "getting prices wrong" is not applicable to Peronist Argentina. The South Korean state and Peron's Argentina, both intervened in the economy, thus deliberately got prices wrong (as opposed to getting prices right with well functioning markets). Amsden's point is not that

Re: Re: Re: Re: Thanks Brad, was The legacy of Juan Perón

2000-09-15 Thread Brad De Long
I don't pretend to know much about Peron's policies. He had a basically agricultural economy... In 1913 Buenos Aires is 13th in the world in telephones per capita. In 1929 Argentina is fifth in the world in automobiles per capita. Argentinian manufacturing output per capita on the eve of

Re: Re: Re: Re: Thatcher and nationalism

2000-09-15 Thread Brad De Long
Brad DeLong wrote: I think the U.S. sanctions policy on Iraq is mistaken and counterproductive. But I don't think Clinton is morally culpable for the fact that the Iraqi government prefers not to spend its foreign exchange on pharmaceuticals and nutrition but to husband it for... other

Re: Re: Re: Re: Re: Thatcher and nationalism

2000-09-15 Thread michael
But Brad, he is forbidden to use the money for public health. Brad DeLong wrote: I think the U.S. sanctions policy on Iraq is mistaken and counterproductive. But I don't think Clinton is morally culpable for the fact that the Iraqi government prefers not to spend its foreign

Re: Re: Re: Re: Re: Thanks Brad, was The legacy of Juan

2000-09-15 Thread michael
How much of that success was due to the terms of trade at the time? I don't pretend to know much about Peron's policies. He had a basically agricultural economy... In 1913 Buenos Aires is 13th in the world in telephones per capita. In 1929 Argentina is fifth in the world in automobiles

Re: Re: Re: Re: Re: Thatcher and nationalism

2000-09-15 Thread Jim Devine
Brad, Albright said that the sanctions would last as long as Saddam remained in power. Saddam cannot buy water purification inputs which are much more important than drugs. Yes, Clinton is responsible. As I said, I think U.S. policy toward Iraq is a *big* mistake. But that does not mean

RE: Re: Re: Gas prices

2000-09-15 Thread Lisa Ian Murray
I doubt this would reveal much. In my experience, the role of oligopoly or monopoly in gas prices mostly causes asymmetry: gas prices rise quickly in step with oil prices, while they fall slowly following oil prices down. The high gas prices have to do with high oil prices

Thanks Brad, was The legacy of Juan Perón

2000-09-15 Thread Charles Brown
[EMAIL PROTECTED] 09/15/00 09:11AM I do not think Amsden's "getting prices wrong" is not applicable to Peronist Argentina. The South Korean state and Peron's Argentina, both intervened in the economy, thus deliberately got prices wrong (as opposed to getting prices right with well

Re: RE: Re: Re: Gas prices

2000-09-15 Thread Michael Perelman
Better land use planning would be more effective. As a place, such as Chico, sprawls out, public transportation becomes virtually useless. Lisa Ian Murray wrote: What duration and combination of high oil prices and low interest rates would induce a significant level of investment to get rid

Re: Re: Query on teminology, was Re: . . .labor/gender issues/corpor...

2000-09-15 Thread Sam Pawlett
[EMAIL PROTECTED] wrote: Micro economics, basically price theory, is so called because it deals with market equilibriations based on small scale interactions--sales, purchases--that are aggregated. Macro economics concerns government economic activities designed to regulate unhappy

Public Health the IMF (was Re: Thatcher and nationalism)

2000-09-15 Thread Yoshie Furuhashi
But Brad, he is forbidden to use the money for public health. Brad DeLong wrote: I think the U.S. sanctions policy on Iraq is mistaken and counterproductive. But I don't think Clinton is morally culpable for the fact that the Iraqi government prefers not to spend its foreign

Re: Thatcher and nationalism

2000-09-15 Thread Charles Brown
[EMAIL PROTECTED] 09/08/00 10:59AM At 09:35 AM 09/08/2000 +0300, you wrote: Brad de Long wrote: Nationalist militarism is truly a powerful and insidious poison. Michael Keaney leaves out the apparent punch-line in his response to the above: Margaret Thatcher also suffered from the

Re: Re: Re: [fla-left] [labor/genderissues/corporatedominance] Women The Wal-Mart Trap (fwd)

2000-09-15 Thread Rudy Fichtenbaum
Jim, You may in fact be correct that falling rate of profit is primarily a micro theory. That is an intriguing thought. In volume 3 he writes: "It is further assumed that this gradual change in the composition of capital is of capital is not confined only to individual spheres of

Problems of Latin American economic development

2000-09-15 Thread Louis Proyect
From "Open Veins of Latin America: Five Centuries of the Pillage of a Continent" by Eduardo Galeano: The present [1971] structure of industry in Argentina, Brazil. and Mexico—the three touted poles of Latin American development—shows deformations characteristic of a reflected development. With

Re: Re: in praise of sweatshops

2000-09-15 Thread Peter Dorman
I don't understand this comment. Demanding higher wages is exactly what the anti-sweatshop groups are doing. (This is one of the sticking points in the battle between the two monitoring groups.) I don't see any evidence that they want clothes to be produced in the US rather than elsewhere. In

Oil crunch question

2000-09-15 Thread Seth Sandronsky
Brad DeLong wrote: I think the U.S. sanctions policy on Iraq is mistaken and counterproductive. But I don't think Clinton is morally culpable for the fact that the Iraqi government prefers not to spend its foreign exchange on pharmaceuticals and nutrition but to husband it for... other purposes.

Re: Re: Re: Re: Re: Thanks Brad, was The legacy of Juan Perón

2000-09-15 Thread Jim Devine
At 06:15 AM 9/15/00 -0700, you wrote: I don't pretend to know much about Peron's policies. He had a basically agricultural economy... In 1913 Buenos Aires is 13th in the world in telephones per capita. In 1929 Argentina is fifth in the world in automobiles per capita. these telephones and

Re: Re: Re: Re: Query on teminology, was Re: . .

2000-09-15 Thread Edwin Dickens
Could you be more specific about what you mean by Keynes' later concern with inflation? In particular, do you think Keynes abandoned his view of monetary policy in the G.T. in order to assign it a role in fighting inflation? Edwin (Tom) Dickens [EMAIL PROTECTED] wrote: This vision of the

Re: There you go again!

2000-09-15 Thread Jim Devine
At 02:30 PM 9/15/00 +0300, you wrote: The cult of Reagan The Reagan Legacy Project is hell-bent on securing a prominent memorial for Ronnie in the US capital. Martin Kettle in Washington argues that posterity should be doing the hard work The Guardian, Friday September 15, 2000 The cult of the

[ Thatcher and nationalism

2000-09-15 Thread Charles Brown
[EMAIL PROTECTED] 09/15/00 12:47PM Brad, Albright said that the sanctions would last as long as Saddam remained in power. Saddam cannot buy water purification inputs which are much more important than drugs. Yes, Clinton is responsible. As I said, I think U.S. policy toward Iraq is a

Re: Re: Re: Re: Re: Query on teminology, was Re: . .

2000-09-15 Thread Michael Perelman
I just did a quick scan of my files. I cannot find it. I don't think that it was a major point for him, but it was of some concern. But then I would not trust my memory 100%. Edwin Dickens wrote: Could you be more specific about what you mean by Keynes' later concern with inflation? In

Re: Re: Re: in praise of sweatshops

2000-09-15 Thread Doug Henwood
Peter Dorman wrote: I don't understand this comment. Demanding higher wages is exactly what the anti-sweatshop groups are doing. Yes. For an overview of what the student branch of the movement is up to, see http://www.thenation.com/issue/000515/0515featherstone.shtml. They're demanding that

Re: Jim D.'s Micro Marx

2000-09-15 Thread Jim Devine
At 02:45 PM 9/14/00 -0700, you wrote: I see a big part of Marx's crisis theory as the build up and eventual destruction of fictitious capital -- both a micro and a macro process. More like vol. 3 than vol 1. Of course, Marx's theory is both macro and micro. I'd think of it in terms of Lewin

Resignation of CE of London Stock Exchange

2000-09-15 Thread Chris Burford
Dwarfed in importance by the paralysis of the whole British economy, this week has also seen, almost in passing, the collapse of the planned merger between the London and Frankfurt Stock Exchanges. A tricky alliance to bring off, it was torpedoed by a hostile bid from Sweden, a country of 8

Re: Jim D.'s Micro Marx

2000-09-15 Thread Charles Brown
[EMAIL PROTECTED] 09/15/00 05:02PM At 02:45 PM 9/14/00 -0700, you wrote: I see a big part of Marx's crisis theory as the build up and eventual destruction of fictitious capital -- both a micro and a macro process. More like vol. 3 than vol 1. Of course, Marx's theory is both macro and micro.

Re: Re: Jim D.'s Micro Marx

2000-09-15 Thread Jim Devine
CB: I wonder whether it is pertinent to this thread that Marx sees the microlevel unit or individual firm as planning for itself ; all of the individual plans are not coordinated on the macro level , where there is anarchy. This anarchy at the macro level eventually causes crisis on many

bounced from wayne

2000-09-15 Thread Michael Perelman
On the subject of the cost of US/UN economic sanctions to Iraq, see Abbas Alnasrawi’s “Iraq: Economic Embargo and Predatory Rule,” in E. Wayne Nafziger, Frances Stewart, and Raimo Väyrynen, eds., War, Hunger, and Displacement: The Origins of Humanitarian Emergencies, Vol. 2. Case Studies,

Re: Oil crunch question

2000-09-15 Thread Carrol Cox
Seth Sandronsky wrote: One question. With the world oil supply crunch causing price hikes, why’s there no move to increase Iraq’s oil production? Iraq has the world’s second-largest estimated crude oil reserves. The Economist says, "What the overheated market needs is lots of new oil,

Re: Women Industrialization (was Re: capitalist patriarchy)

2000-09-15 Thread Michael Hoover
Feminist contributions to labor history tell us that the first wage laborers at the beginning of the "industrial revolution" in the most crucial industry were often predominantly female, not male, textile workers. (Even mining was not the all male or predominantly male industry either.)

Keynes Inflation (was Re: Query on teminology)

2000-09-15 Thread Yoshie Furuhashi
I just did a quick scan of my files. I cannot find it. I don't think that it was a major point for him, but it was of some concern. But then I would not trust my memory 100%. Edwin Dickens wrote: Could you be more specific about what you mean by Keynes' later concern with inflation? In

Re: Oil crunch question

2000-09-15 Thread Seth Sandronsky
Seth Sandronsky wrote: One question. With the world oil supply crunch causing price hikes, why’s there no move to increase Iraq’s oil production? Iraq has the world’s second-largest estimated crude oil reserves. The Economist says, "What the overheated market needs is lots of new oil,

Call for Abstracts: Gender Issues Econ

2000-09-15 Thread Diane Monaco
Please forward this announcement to all who may be interested. CALL FOR ABSTRACTS: MIDWEST ECONOMICS ASSOCIATION MEETING MARCH 29-31, 2001, CLEVELAND, OHIO The International Association for Feminist Economics (IAFFE) is organizing one session focused on gender issues in the following