BLS Daily Report

2000-09-22 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, SEPTEMBER 21, 2000: Today's News Release: MULTIFACTOR PRODUCTIVITY TRENDS, 1998, Private Business, Private Nonfarm Business and Manufacturing, indicates that multifactor productivity differs from labor productivity (output per hour) measures that are published

Contradictions abound

2000-09-22 Thread Michael Perelman
Ian, I think recently, posted the article about the Minsky crisis, because of the declining quality of loans. Here is the other side of the coin. THE AMERICAS: Many US banking rules obsolete, says Greenspan By PETER SPIEGEL, Financial Times, 9/19 Alan Greenspan, chairman of the US Federal

neo-Ricardian economics

2000-09-22 Thread Jim Devine
[Re: [PEN-L:2154] Re: Re: Re: a profound comment on the "transformation problem"] I wrote: His main point seems to be a relatively common-sense explanation of the "solution" to the "transformation problem" that Fred Moseley advocates. See the latter's article in the current _Review of

Re: Consumerism

2000-09-22 Thread Jim Devine
At 09:27 AM 9/21/00 -0400, you wrote: some of the best examples are available in another new book from Schor, coedited with Douglas Holt, The Consumer Society Reader. The benchmarks make the book worth buying: Marx on commodity fetishism; Veblen on "conspicuous consumption"; Galbraith on how

Re: Pacifica and the Internet

2000-09-22 Thread Seth Sandronsky
Re: Pacifica and the Internet by Louis Proyect PEN-L, KPFA radio walked the free speech talk in many ways. One example was providing air time for “conservatives” such as Cap Weinberger and members of the John Birch Society. I, too, thought that the POV documentary on the

Lawrence Summers

2000-09-22 Thread Jim Devine
Doug wrote: Gratuitous ad hominem note: the way Summers ogles women gives lust a bad name. didn't Henry Kissinger (who should know) say that power is the best aphrodisiac? and isn't Lawrence Summers one of the most powerful economists (perhaps _the_ most powerful) in the world? isn't he one

Re: The commerce of dating

2000-09-22 Thread Lisa Ian Murray
ah, yes, we're in that "place" Marcuse called "repressive desublimation" where sexual permissiveness has been to work in the service of the established economic order Michael Hoover == What's sexual permissivenss? The recent posts on this thread look like the popularization of Gary

Re: Contradictions abound

2000-09-22 Thread Rob Schaap
G'day Michael, You quote Greenspan: "We are in a dynamic system that requires not just us, but also our colleagues in the Group of Ten to adjust," he said. "It must be done substantially right the first time because, with the financial system changing so rapidly, we do not have the luxury of

Debt and suicide in Japan

2000-09-22 Thread Louis Proyect
NY Times, September 22, 2000 In Japan Banker's Suicide, Hints of Debt Burden's Human Toll By STEPHANIE STROM TOKYO Sept. 21 - The suicide of the new president of Nippon Credit Bank, which was saved from insolvency earlier this month by a group of investors led by the Softbank Corporation, has

NAFTA and pollution control

2000-09-22 Thread Ken Hanly
Environment News Service September 12, 2000 NAFTA Suit: Blame Canada "Something is seriously wrong with the way the NAFTA investment chapter is working" -- World Wildlife Fund official WASHINGTON, DC -- An international tribunal has begun considering a claim that the United States must pay a

Space: the Final Frontier

2000-09-22 Thread Jim Devine
from SLATE 9/22/00: The NY [Times] biz section reports that contrary to a story it ran yesterday, NASA [the US space agency] has not and will not participate in a TV show currently being pitched to Fox, CBS and ABC [television networks] in which contestants would vie for a televised trip to

Re: Contradictions abound

2000-09-22 Thread Lisa Ian Murray
Conveniently failing to notice that this same spread of real-time information adds exponentially to the variables and the dynamic relations between 'em all. I mean, Greenspan has a point if you define 'information' as a 'lessening of uncertainty', but that'd mean you have to call stuff that's

Re: neo-Ricardian economics

2000-09-22 Thread JKSCHW
Yeah, we post-Sraffans always get this from believers in the LTV: "It's too deep you someone with your analytical equipment to understand." No doubt. but HK have a sympathetic thoughvery critical treatment of what is living and dead in the TLV in their The Political Economy of Marx, 2d ed.

Re: Re: Contradictions abound

2000-09-22 Thread Eugene Coyle
Lisa Ian Murray wrote: snip At the same time we should avoid looking for contradictions behind every bushlest we metacontradict ourselves, Ian Did you mean to put a small "b" in bush? Or is he a contradiction of capitalism? Gene

the labor theory of value

2000-09-22 Thread Michael Perelman
The labor theory of value does not have to be very mysterious. In a sense, at least one part of Marx's theory can be read something like this: in order for a market economy to function "properly," prices must bear some relationship to the underlying values. Prices don't equal values, but they

It's getting weirder and we're not even in October yet

2000-09-22 Thread Lisa Ian Murray
[Asian leaders are probably foaming at the mouth over this shit] [full article http://www.iht.com/IHT/TODAY/SAT/FPAGE/traders.2.html ] Paris, Saturday, September 23, 2000 Banks Catch Traders on Wrong Foot By Tom Buerkle International Herald Tribune LONDON - Like many of the world's currency

Canadian Hypocrisy and the WTO

2000-09-22 Thread Ken Hanly
Sent: September 21, 2000 10:12 AM Subject: Bill Blaikie Release FOR IMMEDIATE RELEASE SEPTEMBER 21, 2000 ASBESTOS APPEAL UNDERMINES CANADIAN CREDIBILITY ON ACCESS TO CHEAPER GENERIC DRUGS: NDP TRADE CRITIC OTTAWA - "It's time for the Trade Minister to rethink his failed trade policy and

The commerce of dating

2000-09-22 Thread Louis Proyect
Skin trade Welcome to the new world of dating, where everyone's out to get the best deal they can. - - - - - - - - - - - - By James Surowiecki, salon.com Sept. 22, 2000 | The September issue of Talk magazine featured a painfully true-to-life portrait of the dating travails of Kristin Whiting,

Tire incinerator criticized (fwd)

2000-09-22 Thread Michael Hoover
forwarded by Michael Hoover "Some of the recalled Bridgestone/Firestone tires will be burned in an Illinois incinerator that environmentalists criticize as a major polluter of low-income neighborhoods. " Copyright © 2000 Environmental News Network, Inc