At 25/06/02 11:22 -0700, you wrote:
>Nancy, to reconcile what Gil says below with what I said: we really don't
>disagree (on this point).
I am glad Nancy, you are getting thoughtful responses to your question. In
haste this morning and needing to catch the time and tide. Forgive me for
stati
From Prudent Bear.com
Mid-Week Analysis, by Chad Hudson
Worldcons
June 26, 2002
After the fall of Enron, we had little doubt it would be an isolated
incident or "company specific." The great bull market changed the rules of
the games for companies played by. We have discussed before how the
Well informed obituary in the Times of Rusty Bernstein. Illuminates issues
of stages of struggle, legal and illegal work, and the relationship of
vanguard and masses.
>Rusty Bernstein Exiled South African Communist who drafted the ANC's key
>document, the Freedom Charter
>
>
>Lionel Rusty B
I thought that this was supposed to have lots of trouble in the house.
Snuck through again. Any thoughts?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
The virtual reality G8 summit
Our leaders indulge in denial as WorldCom's timebomb explodes
Larry Elliott
Thursday June 27, 2002
The Guardian
T he timing was perfect. As the jets bringing the leaders of the
G8 to their annual powwow were landing in Calgary, news was
breaking that WorldCom was o
There was a fine science column in last Friday's WSJ -- on the way
environment turns genes off and on. For example, if you've been without
sex for awhile and are expecting to get some tomorrow your beard may
grow faster: sexual activity triggers a flow of testosterone, but
apparently even thinking
This is what I was trying to tell Jim Devine about speed up -- post hoc ergo
prozac.
> > A WSJ columnist, Holman Jenkins, today praised Prozac et al for raising
> > worker productivity.
Tom Walker
604 255 4812
Doug writes:
> Who loses from insider trading? Mostly richer people
> than the inside traders - e.g. institutional investors
> rather than the well-positioned individual.
Doug,
In my view, given the current conditions of the game, it is us
who lose from insider trading. Institutional investors
I thought institutional investors included pension funds and mutual funds.
Doug Henwood wrote,
> Who loses from insider trading? Mostly richer people than the inside
> traders - e.g. institutional investors rather than the
> well-positioned individual.
The support for national health care: Good health => higher productivity
=> higher profits. I hope that he has a bad night.
On Wed, Jun 26, 2002 at 05:59:25PM -0700, Eugene Coyle wrote:
> Jenkins did say that placebos work as well. But he used that as an attack on
> the FDA. He wants the FDA
Jenkins did say that placebos work as well. But he used that as an attack on
the FDA. He wants the FDA to approve drugs even if they can't be shown to
work better than placebos -- because that would permit more placebos in the
market.
I missed how the column could be read to support national
Business Standard
Tuesday, June 25, 2002
FOCUS
Next stop, Vietnam?
Rapid industrialisation, growing GDP, abundant natural resources - all these
make the country an attractive investment destination, says Jesudas Bell
Tree-lined streets, the peaceful Hoan Kiem lake around which old people
prac
Who loses from insider trading? Mostly richer people than the inside
traders - e.g. institutional investors rather than the
well-positioned individual. That's why it's prosecuted. And also to
maintain the appearance of "fairness" - the whole racket is justified
by identifying bad apples, leavi
But he says that placebos work as well. You could read the article to
support national health care.
On Wed, Jun 26, 2002 at 10:53:47AM -0700, Eugene Coyle wrote:
> A WSJ columnist, Holman Jenkins, today praised Prozac et al for raising
> worker productivity. The suggestion is that the jump in
Thurow, Roger and Scott Kilman. 2002. "U.S. Subsidies Create Cotton Glut
That Hurts Foreign Cotton Farms." Wall Street Journal (26 June): p. A1.
"Cotton could be a key engine of poverty reduction for Mali and nearby
states, according to a joint study by the World Bank and International
Monetary F
Sabri's article on insider trading was humorous. Economists have been
trying to justify the practice for a while, including my freshman econ.
prof., Harold Demsetz.
You might also enjoy
Maremont, Mark and John Hechinger. 2001. "Fifty Corporate Insiders
Bailed Out Before the Slump and Made a Min
John Henry had a more positive review of the book, in that it showed the
contradictory nature of neo-liberal thought. Individualism is supposedly
good, but too much individualism is destructive.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5
Brazil seems more shakey. The Repugs are brilliant in dealing with single
issues, but weak on dealing with complexity. Clinton, for all his faults,
was better in that respect.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL
Friends,
Add Turkey to the list of countries to watch closely in these
days. On top of Argentina and Brazil, I see "shock waves"
emanating from Turkey to hit the fan soon.
Could this observation of mine be related to the celestial three
body problem you once mentioned Ian?
Prime Minister Bulent
A bit bigger would be better.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
My point. It went down less than a dollar from yesterday. Irony
missed?
Gene Coyle
Doug Henwood wrote:
> Eugene Coyle wrote:
>
> >Hey, is this a strong economy or what?
> >
> >What a great country.
> >
> >Here World Com announces a $3.8 billion accounting ?? error?
> >
> >And it knocks less t
Eugene Coyle wrote:
>Hey, is this a strong economy or what?
>
>What a great country.
>
>Here World Com announces a $3.8 billion accounting ?? error?
>
>And it knocks less than one dollar off the stock!
>
>Wow, talk about investor confidence.
Eh?
18-Jun-02 1.56
19-Jun-02 1.52
20-Jun-02
Title: a flash from the immediate past
[please tell me if the font is unreadable.]
[In case anyone has forgotten, the U.S. recently destroyed the government of Afghanistan (where's that, Mr. Bush?) in a hail-storm of violence and didn't do much to replace it.]
The west is walking away from
Forgive me if my following comment has already been made by others, or
if--indeed--it is really unnecessary to make it at all on this list. But the
thing that I found most interesting about the article below, which Louis
posted, was the outrage of the workers who objected to being forced to "w
I don't watch Leno too often, but they had a great bit
on this last night, intercutting the Stewart interview with
shots of a knife mutilating the cabbage to the tune of
"Psycho" background music.
mbs
> Stewart Gets Sliced Up
>
> By Howard Kurtz
> Washington Post Staff Writer
> Wednesday, Ju
What I found interesting in this article from the Mises Institute
is the part that discusses insider trading and perfect
competition. I included that part only. As some of you may
recall, we had a discussion on related topics here a while ago.
If you like to read the full article, the URL is belo
NY Times, June 26, 2002
Blows Keep Coming for an Argentina Long in Crisis
By LARRY ROHTER
BUENOS AIRES, June 25 The president says it may be impossible to reach
any agreement with the International Monetary Fund, the head of the central
bank is giving up and going home, and the economy ministe
RE: [PEN-L:27187] G8 and Africa
- Original Message -
From: Patrick Bond
More soon on why this is emblematic of the coming failure of the
Jo'burg World Summit on Sustainable Development. Just heard an
excellent talk by Wolfgang Sachs at Wits University this
afternoon; his edited "Jo'burg M
Stewart Gets Sliced Up
By Howard Kurtz
Washington Post Staff Writer
Wednesday, June 26, 2002; 8:50 AM
She kept futzing with the stupid salad!
Martha Stewart, under fire, under scrutiny, on the cover of Newsweek for
"Martha's Mess," goes on the CBS "Early Show" and tries to do some cooking.
Patrick Bond:
> More soon on why this is emblematic of the coming
> failure of the Jo'burg World Summit on Sustainable Development. Just heard
>an excellent talk by Wolfgang Sachs at Wits University this afternoon; his
>edited "Jo'burg Memo" is quite a good demolition job on the sustainable
>dev
Title: RE: [PEN-L:27187] G8 and Africa
From: Devine, James
At the seat of empire Africa is forced to take the blame for the devastation inflicted on
it by the rich world
George Monbiot
Monbiot's work is great. But the emphasis here is
mainly on Northern domination without pickin
"Economics as Religion: From Samuelson to Chicago and Beyond" by Robert H.
Nelson, Penn State Press, N.Y., 2001
When I bought this book it was shrink-wrapped to prevent examining its
contents prior to purchase. I should have remembered my own axiom: "If it
is shrink-wrapped to prevent examination
>
>
>since it seems true that the actions of enron, worldcom et al has
>affected many more lives than that of the al qaeda, perhaps we can
>call for a war on corporate terrorism?
>
> --ravi
>
I think a "war on corporate terrorism" is usually known as a "revolution."
In order to avoid th
A WSJ columnist, Holman Jenkins, today praised Prozac et al for raising
worker productivity. The suggestion is that the jump in prescriptions
over the past years have resulted in a jump in productivity. And as the
economy moves more toward service work, involving meeting customers,
future gains
A piece on migration in counterpunch...
http://www.counterpunch.org/behzad0624.html
_
Chat with friends online, try MSN Messenger: http://messenger.msn.com
I don´t have all the facts checked to the last point, but it seems that
during repression of a group of road blockers on the Pueyrredón bridge in
Buenos Aires there has been a casualty. Although none of my cdes. was hit,
so far as I know, there are other cdes. of sister and related organizations
w
[full piece at:]
http://www.prospect.org/print/V13/12/bacon-d.html
Volume 13, Issue 12. July 1, 2002.
The Kill-Floor Rebellion
An alliance of a union and a community group may have found the
way to reorganize the meatpacking industry -- and the Latino
immigrant workers in small-town America.
Dav
Great catch.
>Prophetic quotation below:
>
>Sandberg, Jared. 2002. "Bernie Ebbers Bet the Ranch -- Really -- on
>WorldCom Stock." Wall Street Journal (12 April): p. A 13.
>
>"A deeply religious man, he starts his board meetings with a prayer and
>teaches Sunday school at the Easthaven Baptist
I'm sorry to hear this. This posting has been a reliable and informative
aspect of PEN-L for a long time. Thanks, Dave.
Gil
>is no more. There are apparently valid concerns here at BLS that prevent me
>from forwarding it, or any part of it, on a regular basis. I hope that it
>has been of as
Hey, is this a strong economy or what?
What a great country.
Here World Com announces a $3.8 billion accounting ?? error?
And it knocks less than one dollar off the stock!
Wow, talk about investor confidence.
Gene Coyle
Prophetic quotation below:
Sandberg, Jared. 2002. "Bernie Ebbers Bet the Ranch -- Really -- on
WorldCom Stock." Wall Street Journal (12 April): p. A 13.
"A deeply religious man, he starts his board meetings with a prayer and
teaches Sunday school at the Easthaven Baptist Church in Mississippi. H
it is unfortunate that in this moment of truth, when we on the left
can hold up these incidents to the general public as an example of
the problems with the system, the collective attention is distracted
by bush jr's war on the world and the recently fashionable but
misplaced patriotic euphoria
With every passing day, it is becoming more apparent that the 1990s "new
economy" was built on a house of cards. In particular, some of the
high-flying tech stocks only reflected corporate acquisitions rather than
the sort of real growth that took place in the 1950s, the last time that
capitalism
Philadelphia Inquirer, Sun. Jun. 23, 2002
Carlin Romano | A brisk, incisive survey of ignorance.
Racism: Precise definitions and historical sweep
By Carlin Romano
Inquirer Columnist
Racism
A Short History
By George M. Fredrickson
Princeton. 207 pp. $22.95
Like many terms rocketed into wide
9.30am update (Guardian)
London market slumps almost 200 points
Mark Tran
Wednesday June 26, 2002
The London market fell nearly 200 points in the first minutes of trading
today, engulfed by the Wall Street scand
Corporate Scandals Taking Toll On Markets
By Steven Pearlstein
Washington Post Staff Writer
Wednesday, June 26, 2002; Page A01
A major accounting firm convicted of obstructing justice. A leading
brokerage caught misleading its clients. Imperious chief executives falling
like flies. Huge corpor
WSJ, June 26, 2002
U.S. Subsidies Create Cotton Glut
That Hurts Foreign Cotton Farms
By ROGER THUROW and SCOTT KILMAN
Staff Reporters of THE WALL STREET JOURNAL
KOROKORO, Mali -- After the first good rains of the season visited this
West African village earlier this month, Mody Sangare hitched
On 02/6/26 04:35 AM, "Michael Perelman" <[EMAIL PROTECTED]> wrote:
> Jim, if you are suggesting that the Amtrack subsidy should go to United
> Airlines, I suspect that you will get a friendly hearing from W.
>
> On Tue, Jun 25, 2002 at 12:06:17PM -0700, Devine, James wrote:
>> If the U.S. govern
Title: Re: [PEN-L:27211] Re: For revolutionary factionalism not sectarian lunacy
On 02/6/26 09:29 AM, "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> wrote:
Adam Levenstein wrote:
>
> Sounds good, Louis. (Really.)
>
> Here's the million-kopek question: Are we actually going to set up such
> an o
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