n°7,
07-01-02___http://www.edu-irep.org___
L'Argentine laisse passer sa
chance.Argentina missed the opportunity of recovering
http://www.edu-irep.org/actu.htm
___
4, bd Jean
JaurèsBP 2694267 Fresnes
Over, the weekend I read with interest Jim D's explanation of the
millennium crisis (i.e. the current recession) on his website, which was
discussed last week on PENL. I also read his RRPE 2000 paper on the rise
and fall of stagflation. I mostly agree with the latter and strongly
disagree with
The Boeing Boondoggle
by Russell Mokhiber and Robert Weissman
Even old Washington hands sometimes find themselves with their mouths
agape at the brazenness of the latest corporate innovation in ripping
off the public.
Such a jaw-dropping moment occurred in December, as Boeing-friendly
members
[any takers?]
Economics competition
Predict the future of the economy
Think you can predict the future of the economy? If you can, you could
win £500 worth of book tokens, a magnum of champagne and lunch with
the Guardian's economics team. And an economics dictionary if you
answer online
These penners conducted an excellent session at the Atlanta meetings. I
wish that they could sumarize their talks for us.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
Looking at Atlanta the US is currently in a severe recession. At the
economics meetings there, I stayed at a hotel that was several blocks from
where the sessions were and was able to scan the economic scene. It's
depressed. There were lots of stores that were closed, while two major
_buildings_
Karl: Attacking people as conspiracy theorists is a form of political
correctness. It is a rhetorical device by which rational debate is
precluded from discourse. Once one is labelled a conspiracy
theorist it is believed that the person can be summarily dismissed. The
point is that conspiracies
From Microsoft's SLATE news summary: The Washington POST reports on Bush's
colorful economic speech to a group of Hispanic entrepreneurs in Ontario,
California... Bush's speech comes less than 24 hours after Senator Majority
Leader Daschle declared that tax cuts probably made the recession worse.
At 1/7/2002, you wrote:
fools! The Democrats are using the failure to balance the budget against
Bush. Again! don't they know that it's bad economics and bad politics to do
so? I guess they're paid well.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
Democrats must be
Alan Cibils wrote:
Democrats must be getting their economic wisdom from the IMF.
Maybe they should look at Argentina's experience trying to balance
its budget in a recession.
Al Gore said during the campaign that if revenues declined in a
recession, he'd cut spending to preserve the
Karl: Attacking people as conspiracy theorists is a form of political
correctness. It is a rhetorical device by which rational debate is
precluded from discourse. Once one is labelled a conspiracy
theorist it is believed that the person can be summarily dismissed. The
point is that conspiracies
At 1/7/2002, you wrote:
Al Gore said during the campaign that if revenues declined in a recession,
he'd cut spending to preserve the surplus.
Doug
Wow!! That is one twisted bit of economic reasoning!! I love it!
Alan
_
Do You Yahoo!?
Actually, it was worse than that, as I recall. He said something
like - if revenues declined in a recession, he would see it as
an opportunity to cut fat out of the budget, just like a
private businesses do. I don't have the exact quote handy at
home, though I used it in an article for DS last
Devine, James wrote:
[clip]
fools! The Democrats are using the failure to balance the budget against
Bush. Again! don't they know that it's bad economics and bad politics to do
so? I guess they're paid well.
On the other hand, the Republicans are demonizing Dachle. What nonsense.
I would hope that progressive economists argue that overcoming the
Treasury view does not guarantee that the economy can be free from
downturns or even protracted depressions. Otherwise, progressive
economists are simply subscribing to the hydraulic or mechanical view
of Keynesianism or
as often is the case, I wonder what is worse--that the Deomorats don't understand the
wrongheadedness of the claim that the disappearance of the surlus is the cause of the
economic troubles or that they know that is not right but are saying it for political
reasons. Either way, they are
I'm not sure how much the depressed condition of downtown Atlanta results
from the current recession. My impression was that the downtown is mostly
a stage-set for conventioneers. A couple of dozen high-rises, at least
half of them hotels. A big Merchandise Mart for trade shows. A Macys
Right Rakesh. But we still have to ask whether working people and the poor will be
better off with more spending and jobs and less taxes or not. In the long run we need
to think about alternatives to a system that just doesn't make sense, but in the
meantime we need to think about how we can
Thanks, Michael. I will be happy to do so tomorrow, when
I return to my office. I have a trundated version of my
email software at home that makes it difficult to compose
messages.
I will say that it was a real pleasure to see so many
friends and email buddies. Wish more of you lived
Mat wrote:
Right Rakesh. But we still have to ask whether working people and
the poor will be better off with more spending and jobs and less
taxes or not. In the long run we need to think about alternatives to
a system that just doesn't make sense, but in the meantime we need
to think about
On the flights to and from Atlanta, I began reading this
new book by Rick Perlstein called Before the Storm -- about
Barry Goldwater and the rise of the new right. It's a bit
long-winded with sometimes tedious detail about this and that
right-wing crank. But what's fascinating is the vehemence
On the flights to and from Atlanta, I began reading this
new book by Rick Perlstein called Before the Storm -- about
Barry Goldwater and the rise of the new right. It's a bit
long-winded with sometimes tedious detail about this and that
right-wing crank. But what's fascinating is the vehemence
people on another list may be interested in this as well.
Dear Mr. Paul Prescod:
It would seem perfectly obvious that some freedom to operate a free
press, to form labor unions and to surf the web may enable the
development of more rational alternative to both the monstrous al
Qaida and the
Rakesh Bhandari wrote:
ah a bit of guilt by association, Ellen. But who would have thought
a decade later Nixon would be saying that we are all Keynesians and
four decades later Lawrence Lindsey and George Gilder would be
trying to assure us--in explicitly Keynesian language--that
recovery
Rakesh - I don't see why I am assuming that underconsumption is the problem. Why not
underinvestment (public as well as or even more so than private)? I am supporting
govt spending for both infrastructure investment and spending on education, health
care, child care, etc. I could (and do)
Fred Moseley writes: Over, the weekend I read with interest Jim D's
explanation of the millennium crisis (i.e. the current recession) on his
website, which was discussed last week on PENL. I also read his RRPE 2000
paper on the rise and fall of stagflation. I mostly agree with the latter
and
thanks for your comments, which definitely help raise the intellectual level
on pen-l. The last time I discussed this issue, the discussion developed to
a stage where one individual asserted that my politics stink. Luckily, it
got to that low level only off-list.[*]
jim, this is childish, i
Rakesh - I don't see why I am assuming that underconsumption is the
problem. Why not underinvestment (public as well as or even more so
than private)? I am supporting govt spending for both
infrastructure investment and spending on education, health care,
child care, etc. I could (and do)
By mistake, I posted my reply to Fred Moseley before I finished it. Please
reply to the complete one, which I'll post soon.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
By accident, I sent the following missive before it was finished. Please
respond to this version, not the other.
Fred Moseley writes: Over, the weekend I read with interest Jim D's
explanation of the millennium crisis (i.e. the current recession) on his
website, which was discussed last week on
Rakesh - Honestly I have not read Mattick Sr's book on Marx and Keynes since grad
school, where it was required reading in Shaikh's class. I have continued these
discussions with Anwar as well as some of his former students who have continued this
work, like Jamee Moudud. Actually we were
so accumulation can indeed proceed on the tugan path that is
(however) dependent on volatile fixed capital accumulation and
capitalists' luxury consumption, overcoming shocks along the way (say
the Asia Financial Crisis, the Russian default, Japan's recession
after the value added tax and the
I sent this comment again without having finished it (I do need a nap). But
this time I'm not going to rewrite it. I'll just deal with the ending. (So
this is part II.)
Fred writes:
Jim, what is surprising is that in your RRPE (2000) paper, you argue, along
classical Marxian lines, that the
I wrote:
thanks for your comments [Fred], which definitely help raise the
intellectual level
on pen-l. The last time I discussed this issue, the discussion developed to
a stage where one individual asserted that my politics stink. Luckily, it
got to that low level only off-list
In
--- Original Message ---
From: Interhemispheric Resource Center (IRC) [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Date: 1/7/02 3:12:31 PM
FOREIGN POLICY IN FOCUS
http://www.fpif.org/
Whats in the News at FPIF?
January 7, 2002
· Economic Debacle In Argentina: The IMF Strikes Again
By Arthur
2) As for the rumor about Rajani Kanth, I did NOT let Rakesh in on gossip.
Rather, I made it very clear to Rakesh that what I said was a rumor and that
_therefore_ I didn't put any faith in it.
For your sake, I won't forward what you did actually write. Or maybe
I will. Let me think about it.
At 07/01/02 13:13 +0100, Romain Kroes wrote:
It is now becoming understandable that the way to get out of the spiral is
the political decision to marginalize the dollar as international-standard
currency, that is to move away from Washington's and IMF's domination.
President Saa seemed to be
this dialogue really should be off-list, so people who are uninterested
should hit delete now. But since Rakesh makes wants to wash my dirty
laundry in public...
I wrote:
2) As for the rumor about Rajani Kanth, I did NOT let Rakesh
in on gossip.
Rather, I made it very clear to Rakesh that
well here's what i didn't send but ok I shall now.
__
by the way, Jim D, did you ever find the quote in which Marx accepts
(or even defines what he takes to be) Ricardo's views of fiscal
policy? or did you find the post in which you referred to the Sa'udi
royal family as clerical
Since my main reason for participating in pen-l is to further the
development of Marxian political economy, I see no point in discussing the
issues of this thread any further.
(BTW, in case anyone cares about the facts, my son's problems seem to be
neurological rather than chemical as Rakesh
Monday, Jan. 7, 2002
Court Looks at Landowners' Rights
By GINA HOLLAND Associated Press Writer
WASHINGTON (AP) - The Supreme Court on Monday plunged into the thorny
issue of how much power the government has to dictate what people do
with their land.
The principal question for the justices is
Monday, Jan. 7, 2002
Three Stooges' Heirs Get Profits
By GINA HOLLAND Associated Press Writer
WASHINGTON (AP) - Heirs of the Three Stooges will get profits from
posthumous depictions of Moe, Larry and Curly, thanks to the Supreme
Court.
The court bypassed a chance to give First Amendment
Since my main reason for participating in pen-l is to further the
development of Marxian political economy, I see no point in discussing the
issues of this thread any further.
jim, i am unsubbing, and wish pen-l well in the development of
national populism and keynesianism.
rakesh
Wednesday January 2, 4:23 pm Eastern Time
WTO Sides With United States in Dispute Over Trademarks of Companies
Seized by Cuba
By NAOMI KOPPEL
Associated Press Writer
GENEVA (AP) -- Stepping into a dispute between rum makers, the World
Trade Organization sided with the United States Wednesday in
2001 record
year for bankruptcy
THE AGE CANBERRA, Jan 8 AAP|Published: Tuesday
January 8, 5:55 PM
A record number of people declared themselves bankrupt in 2001,
figures released today showed.
More than 26,000
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