Economic revolutions

2000-10-05 Thread Chris Burford
In one way, the events in Yugoslavia are a delayed version of the anti-communist political revolutions in eastern European countries ten years ago. However there are other features which point to the surprising volatility of modern states. Amplified by 24 hours news reporting, a revolutionary

RE: What's the matter with investment?

2000-10-05 Thread Forstater, Mathew
For all the problems with Gore, it has to be admitted that his _Earth in the Balance_ is the closest statement by a major politican in the U.S. recognizing this. Of course, after becoming VP, he did little or nothing consistent with this, but then the excuse was he is only the VP, or, structural-

ECB raises rates

2000-10-05 Thread Lisa & Ian Murray
[full article at http://www.iht.com/IHT/TODAY/FRI/FIN/ecb.2.html ] Paris, Friday, October 6, 2000 ECB Raises Key Rate Amid Signs of Slowing Move Isn't a Risk to Growth, Duisenberg Insists By John Schmid International Herald Tribune FRANKFURT - The European Central Bank surprised markets Thursd

What's the matter with investment?

2000-10-05 Thread Peter Dorman
1. I agree with Michael and Jim that public as well as private investment should be taken into account. We have an imbalance today which greatly exceeds the private affluence/public squalor formula of JK Galbraith's Affluent Society 40+ years ago. During this time we have failed to maintain much

Re: Re: Re: Re: Re: RE: saving and aggregate demand

2000-10-05 Thread Jim Devine
At 02:51 PM 10/5/00 -0700, you wrote: >A high rate of investment per se is not bad, but I confess that I would >prefer a high rate of productive social investment. While the Fed can >make decisions quickly, it has to face a long lag. The economy is only >now slowing down after a slew of rate hik

Re: Re: Re: Re: RE: saving and aggregate demand

2000-10-05 Thread Michael Perelman
A high rate of investment per se is not bad, but I confess that I would prefer a high rate of productive social investment. While the Fed can make decisions quickly, it has to face a long lag. The economy is only now slowing down after a slew of rate hikes over a long period of time. Brad DeLon

Re: Re: Re: Re: RE: saving and aggregate demand

2000-10-05 Thread Jim Devine
At 02:35 PM 10/5/00 -0700, you wrote: >What's conservative about a high rate of investment? What's conservative >about recognizing that--in normal times--the decision cycle of the Federal >Reserve in making monetary policy is much shorter than the decision cycle >of the President-plus-Congress

Re: Re: Re: RE: saving and aggregate demand

2000-10-05 Thread Brad DeLong
>Haven't conservatives been calling for this policy mix for years -- >cut back on >gov't spending and let the fed handle agg. demand? > >Brad DeLong wrote: > What's conservative about a high rate of investment? What's conservative about recognizing that--in normal times--the decision cycle of

The US moves to impose a puppet regime in Yugoslavia

2000-10-05 Thread Louis Proyect
The U.S. Moves to Impose a Puppet Regime in Yugoslavia by Michel Chossudvosky and Jared Israel www.tenc.net [Emperor's Clothes] Yesterday we wrote an article analyzing the situation in Yugoslavia. Before we could publish it, our analysis has been confirmed by events. We have confirmed from an un

Some General Strikes are more newsworthy than others

2000-10-05 Thread Louis Proyect
(Posted to the Marxism list) The General Strike is suddenly a big deal in the US media--now that it is used in a theatre of action in which the US has a stake on the same side as the strikers. The General Strikes in Argentina and Uruguay against World Bank/IMF "reforms" failed to attract the same

FRY Ministry of Foreign Affairs presents memorandum to the UN Security Council

2000-10-05 Thread Louis Proyect
FEDERAL MINISTRY OF FOREIGN AFFAIRS ADDRESSES A MEMORANDUM TO THE UN SECURITY COUNCIL BELGRADE, October 4, (Tanjug) - Regarding gross foreign interference in the elections in the Federal Republic of Yugoslavia, the Federal Ministry of Foreign Affairs addressed a Memorandum to the United Nations S

Int'l Labor Data

2000-10-05 Thread Max Sawicky
Hey kids, check out our new Global Policy Network labor market database. Thus far there are sections for the U.S., Canada, and Brazil. Other countries will follow. http://www.globalpolicynetwork.org/data/ This is a joint project of EPI and like-minded organizations in other countries. mbs

Re: Re: Greider on debt reduction

2000-10-05 Thread Jim Devine
>The New York Times, June 19, 1985, Wednesday, Late City Final Edition > >Economic Scene; >Is Reagan A Keynesian? yes, in practice (though not in theory). >By Leonard Silk > >WAS the economic recovery of 1983-84 the result of the Reagan >Administration's supply-side policies or of the Keynesia

(Fwd) Milosevic speech to the people of Yugoslavia

2000-10-05 Thread phillp2
--- Forwarded message follows --- Date sent: Tue, 03 Oct 2000 14:55:39 -0700 To: (Recipient list suppressed) From: Sid Shniad <[EMAIL PROTECTED]> Subject:Milosevic speech to the people of Yugoslavia Yugo crisis: Milosevic

Re: Greider on debt reduction

2000-10-05 Thread Louis Proyect
>September 4/11, 2000 > > GORE WANTS TO KEEP SHRINKING GOVERNMENT DEBT. HE ARGUES > THAT FREED-UP PRIVATE CAPITAL WILL BENEFIT ALL--WHAT USED TO BE > CALLED 'TRICKLE DOWN' ECONOMICS. > > Goodbye Keynes, > Hello Coolidge > > by WILLIAM GREIDER The New York Times, June 1

Re: "It would be illegal in the United States"

2000-10-05 Thread Jim Devine
At 10:18 AM 10/5/00 -0400, you wrote: >Unlike the CIA-orchestrated coups of previous generations that brought down >governments that the United States found inconvenient in places such as >Guatemala, Iran and Chile, the funding for the Yugoslav opposition seems to >be completely open. If there als

Galbraith at UMKC

2000-10-05 Thread Forstater, Mathew
James K. Galbraith, author of CREATED UNEQUAL, will be speaking at the University of Missouri - Kansas City tomorrow, Oct. 6, at 11am, on "The Evolution of Inequality in the Age of Globalization." Anyone in the area who wants to attend is welcome, and if you contact me offlist we may be able to i

Re: RE: More MPRP Electoral Victories in Mongolia

2000-10-05 Thread Jim Devine
At 08:53 AM 10/5/00 -0400, you wrote: >will this be a unique showcase of how well a democratic-communistic >government can rule its people? it depends on how independent Mongolia is. It it's totally embedded in the world economy, complete with internationally-open financial markets and debt to

Greider on debt reduction

2000-10-05 Thread Forstater, Mathew
Have people seen this? It is worth reading. I can fwd whole article, or maybe someone can post the website? Also, have lbo'ers seen the post-autistic economics newsletter? Mat September 4/11, 2000 GORE WANTS TO KEEP SHRINKING GOVERNMENT DEBT. HE ARGUES THAT FREED-UP PRIVATE CAPITAL WI

"It would be illegal in the United States"

2000-10-05 Thread Louis Proyect
Los Angeles, October 5, 2000, Thursday, Home Edition U.S. ATTEMPTS TRICKY BALANCING ACT TO SUPPORT DEMOCRACY IN YUGOSLAVIA NORMAN KEMPSTER, TIMES STAFF WRITER The turbulent days following Yugoslavia's disputed election have become a test of whether the Clinton administration can help bankro

RE: More MPRP Electoral Victories in Mongolia

2000-10-05 Thread Mikalac Norman S NSSC
will this be a unique showcase of how well a democratic-communistic government can rule its people? norm -Original Message- From: Ken Hanly [mailto:[EMAIL PROTECTED]] Sent: Thursday, October 05, 2000 12:21 AM To: [EMAIL PROTECTED] Subject: [PEN-L:2669] More MPRP Electoral Victories in M