Re: history of recent US finance

1994-06-01 Thread MMEEROPO%WNEC . BITNET
This is a day late so what I say may have already been said better so, with apologies... >In my just-arrived issue of LEFT BUSINESS OBSERVER, Doug Henwood >(who often broadcasts here) has a useful discussion/analysis of >recent financial history. He discusses (among other things) how >low int

NEed a PENNER to write to the Chronicle

1994-05-31 Thread MMEEROPO%WNEC . BITNET
Dear Penners: I don't know how many of you regularly read _The Chronicle of Higher Education_ but a debate involving a Penner (Art MacEwen) and a man who could only be charitably described as a pro-market ideologue has just been joined in those pages. Item one: On the back page of the Chronicle

Forwarded message re ELECTRONIC REDLINING!

1994-05-27 Thread MMEEROPO%WNEC . BITNET
If this hasn't been on PEN-L, it should be! Cheers, Mike > FOR IMMEDIATE RELEASE > MAY 23, 1994 > For more information, see contact persons listed > at the end of this note. > > --- > > "INFORMATION SUPERHIGHWAY" COULD BYPASS > LOW INCOME AND MINORITY

Guidebook to uncovering the RIGHT on campus (fwd)

1994-04-13 Thread MMEEROPO%WNEC . BITNET
Dear Penners: If this hasn't been posted to our list, here it is! (from Mike Meeropol) Date: Mon, 28 Mar 1994 11:07:30 EST From: Rich Cowan <[EMAIL PROTECTED]> To: Multiple recipients of list MCLR-L <[EMAIL PROTECTED]> Subject: Uncovering the Right on Campus: New Guidebook ** Guide to Uncoveri

Re: Inflation measurement

1994-04-08 Thread MMEEROPO%WNEC . BITNET
On April 5, Doug H. said: >The CPI does try to make quality adjustments. Whether the BLS succeeds is >a matter of controversy, but they do try. As an aside, I talk to a lot of >the faceless bureaucrats at BLS, BEA, Census, and elsewhere who produce >these figs, and I've always been impressed w

Embarrassed request for help.

1994-04-06 Thread MMEEROPO%WNEC . BITNET
Dear Penners: This probably has such a simple answer I request that people respond only by private mail. One of my students is doing a paper using the methodology of Edward Denison"s Growth Accounting approach. The books that she has don't have any _simple_ statement of the theoretical model fr

Ellen F. re AD with inflation on vertical axis

1994-04-04 Thread MMEEROPO%WNEC . BITNET
Ellen has challenged us to contemplate a downward-sloping _aggregate_ demand curve when the vertical axis is not P but P dot (rate of inflation). Here's my attempt: International Trade effect: Whatever the rates of inflation of our trading partners, a higher rate of inflation at home is consist

Help!

1994-04-04 Thread MMEEROPO%WNEC . BITNET
Dear Penners: I hope someone reading this can quickly ZAP the answer to me privately (see below). If you are reading this three hours after it was sent, don't bother responding. I need the Address and phone number of NACLA (North American Congress of Latin America). I can't seem to find any RE

WARNING: shameless advertisement for my book (and it ain't even

1994-03-28 Thread MMEEROPO%WNEC . BITNET
Dear Penners: After much soul searching about what's "appropriate" for the list, I've decided to err on the side of self-interest. WARNING: I am about to advertise my own book which is not about economics. Okay, for the two of you still reading here it is: Garland Publishing Co. has just fina

WARNING: shameless advertisement for my book (and it ain't even

1994-03-28 Thread MMEEROPO%WNEC . BITNET
Dear Penners: After much soul searching about what's "appropriate" for the list, I've decided to err on the side of self-interest. WARNING: I am about to advertise my own book which is not about economics. Okay, for the two of you still reading here it is: Garland Publishing Co. has just fina

Forwarded message re Black Men and Black Women in the corporate

1994-03-28 Thread MMEEROPO%WNEC . BITNET
From: [EMAIL PROTECTED] (Earl Mitchell) Newsgroups: soc.culture.african.american Subject: The Black Gender Divide and its Social Implications Date: 16 Mar 1994 22:55:04 GMT Organization: Stanford University, CA 94305, USA The article was posted in the Lotus Black Caucus database. Somebody scanned

Forwarded message re Black Men and Black Women in the corporate

1994-03-28 Thread MMEEROPO%WNEC . BITNET
From: [EMAIL PROTECTED] (Earl Mitchell) Newsgroups: soc.culture.african.american Subject: The Black Gender Divide and its Social Implications Date: 16 Mar 1994 22:55:04 GMT Organization: Stanford University, CA 94305, USA The article was posted in the Lotus Black Caucus database. Somebody scanned

Eastern Meetings

1994-03-18 Thread MMEEROPO%WNEC . BITNET
Dear Penners: For a variety of reasons I had to miss the Eastern Meetings. I send all my best regards to PENNERS (including comrades from Britain who came over! hope to see you at the CSE). Would people who were there and think they heard or read something valuable and interesting please share

Eastern Meetings

1994-03-18 Thread MMEEROPO%WNEC . BITNET
Dear Penners: For a variety of reasons I had to miss the Eastern Meetings. I send all my best regards to PENNERS (including comrades from Britain who came over! hope to see you at the CSE). Would people who were there and think they heard or read something valuable and interesting please share

Need Arjo Klamer's e-mail address

1994-03-18 Thread MMEEROPO%WNEC . BITNET
Dear Penners: If anyone has ARJO KLAMER's e-mail address (I don't have my PEN list handy) please send it to me. If he's not on PEN, does anyone know where he happens to be right now? Thanks in advance, Mike Mike Meeropol (bitnet%"mmeeropo@wnec") (in%"[EMAIL PROTECTED]") (#100)

Need Arjo Klamer's e-mail address

1994-03-18 Thread MMEEROPO%WNEC . BITNET
Dear Penners: If anyone has ARJO KLAMER's e-mail address (I don't have my PEN list handy) please send it to me. If he's not on PEN, does anyone know where he happens to be right now? Thanks in advance, Mike Mike Meeropol (bitnet%"mmeeropo@wnec") (in%"[EMAIL PROTECTED]") (#100)

Heard on NPR this morning

1994-03-16 Thread MMEEROPO%WNEC . BITNET
Here's some interesting economics. On NPR this morning they were discussing the recent kidnapping in Mexico. The reporter noted that there had been a shudder sent through the Mexican stock market because of the "seizure of the largest bank manager in Mexico" I laughed a lot but then I wondered

Heard on NPR this morning

1994-03-16 Thread MMEEROPO%WNEC . BITNET
Here's some interesting economics. On NPR this morning they were discussing the recent kidnapping in Mexico. The reporter noted that there had been a shudder sent through the Mexican stock market because of the "seizure of the largest bank manager in Mexico" I laughed a lot but then I wondered

Clinton touts his "reemployment act" (FWD)

1994-03-15 Thread MMEEROPO%WNEC . BITNET
Dear Penners: From time to time I have forwarded stuff to this list. I believe this is the first time I ever thought it worth while to forward you something from the Clinton Administration. I would be curious if this "reemployment act" is really just another version of the Robert Reich "wish" t

Clinton touts his "reemployment act" (FWD)

1994-03-15 Thread MMEEROPO%WNEC . BITNET
Dear Penners: From time to time I have forwarded stuff to this list. I believe this is the first time I ever thought it worth while to forward you something from the Clinton Administration. I would be curious if this "reemployment act" is really just another version of the Robert Reich "wish" t

RE; inflation and real wages

1994-03-14 Thread MMEEROPO%WNEC . BITNET
There is one other complication in the question about inflation and real wages: Many of the people in the working class are NET DEBTORS. This is particularly true of the section that owns their own homes -- as well as those who are struggling to get out of the working class with heavy student lo

RE; inflation and real wages

1994-03-14 Thread MMEEROPO%WNEC . BITNET
There is one other complication in the question about inflation and real wages: Many of the people in the working class are NET DEBTORS. This is particularly true of the section that owns their own homes -- as well as those who are struggling to get out of the working class with heavy student lo

Re: the aggregate demand curve

1994-03-14 Thread MMEEROPO%WNEC . BITNET
Rudy F. responded to me -- >I think you made a good point about the fact that the >aggregate demand and supply curves are not independent. >This has always bothered me and no one seems to have >solved the problem to my satisfaction. > >The problem is that investment is a component of aggrega

Re: the aggregate demand curve

1994-03-14 Thread MMEEROPO%WNEC . BITNET
Rudy F. responded to me -- >I think you made a good point about the fact that the >aggregate demand and supply curves are not independent. >This has always bothered me and no one seems to have >solved the problem to my satisfaction. > >The problem is that investment is a component of aggrega

Re: the aggregate demand curve

1994-03-13 Thread MMEEROPO%WNEC . BITNET
I apologize if what follows is merely rehashing the obvious. I have always been bothered by the AD / AS analysis because even ON ITS OWN TERMS it seems so ridiculously wrong-headed. In a single product market with everything else not changing, it is perhaps legitimate to imagine an array of pric

Re: the aggregate demand curve

1994-03-13 Thread MMEEROPO%WNEC . BITNET
I apologize if what follows is merely rehashing the obvious. I have always been bothered by the AD / AS analysis because even ON ITS OWN TERMS it seems so ridiculously wrong-headed. In a single product market with everything else not changing, it is perhaps legitimate to imagine an array of pric

Re: the aggregate demand curve

1994-03-13 Thread MMEEROPO%WNEC . BITNET
A quick addendum to Doug's point: >A follow-up to the previous: money growth correlates well with nominal >income growth, but no one has been able to explain how it divides into >real vs. price growth. > >Doug ... nor has anyone been able to prove that the direction of causation is FROM mon

Re: the aggregate demand curve

1994-03-13 Thread MMEEROPO%WNEC . BITNET
A quick addendum to Doug's point: >A follow-up to the previous: money growth correlates well with nominal >income growth, but no one has been able to explain how it divides into >real vs. price growth. > >Doug ... nor has anyone been able to prove that the direction of causation is FROM mon

Re: Jim D.'s real world contribution

1994-03-11 Thread MMEEROPO%WNEC . BITNET
>From: Jim Devine <[EMAIL PROTECTED]> >Subject: RE: real world contributions > >Doug, thanks for praising my "war on crime" piece. I know you got it, >but the way you praise my item might give someone the impression that >my think-piece was totally serious. A lot of it is a big joke, even >tho

Re: Jim D.'s real world contribution

1994-03-11 Thread MMEEROPO%WNEC . BITNET
>From: Jim Devine <[EMAIL PROTECTED]> >Subject: RE: real world contributions > >Doug, thanks for praising my "war on crime" piece. I know you got it, >but the way you praise my item might give someone the impression that >my think-piece was totally serious. A lot of it is a big joke, even >tho

Thoughts on the struggle for Health Care Reform

1994-03-07 Thread MMEEROPO%WNEC . BITNET
>From: IN%"[EMAIL PROTECTED]" "Elaine Bernard" 5-MAR-1994 08:35:25.20 >Date: Sat, 05 Mar 1994 08:15:20 -0500 (EST) >From: Elaine Bernard <[EMAIL PROTECTED]> Dear Penners: I forward a message from Elaine Bernard, who you probably know has been very involved in the struggle to support the singl

Thoughts on the struggle for Health Care Reform

1994-03-07 Thread MMEEROPO%WNEC . BITNET
>From: IN%"[EMAIL PROTECTED]" "Elaine Bernard" 5-MAR-1994 08:35:25.20 >Date: Sat, 05 Mar 1994 08:15:20 -0500 (EST) >From: Elaine Bernard <[EMAIL PROTECTED]> Dear Penners: I forward a message from Elaine Bernard, who you probably know has been very involved in the struggle to support the singl

Karlos and Interest Rates

1994-02-24 Thread MMEEROPO%WNEC . BITNET
In a post dated yesterday, the assertion was made that the political limits of interest rates (within the "supply-and-demand-for-loanable-capital" rubric) were that interest could not rise high enough to consume the mass of surplus value and could not fall below zero. This is true, of course, of

Karlos and Interest Rates

1994-02-24 Thread MMEEROPO%WNEC . BITNET
In a post dated yesterday, the assertion was made that the political limits of interest rates (within the "supply-and-demand-for-loanable-capital" rubric) were that interest could not rise high enough to consume the mass of surplus value and could not fall below zero. This is true, of course, of

Slavery and capitalism

1994-02-16 Thread MMEEROPO%WNEC . BITNET
Paul Cockshott's message was very interesting. I know virtually nothing about Classical slavery but North American slavery, IMHO, is a distinctly non-capitalist mode of production which I feel BECAUSE OF ITS VERY SUCCESS locked the south into a state of underdevelopment I have deleted most of Pa

Slavery and capitalism

1994-02-16 Thread MMEEROPO%WNEC . BITNET
Paul Cockshott's message was very interesting. I know virtually nothing about Classical slavery but North American slavery, IMHO, is a distinctly non-capitalist mode of production which I feel BECAUSE OF ITS VERY SUCCESS locked the south into a state of underdevelopment I have deleted most of Pa

Re: FUll employment upon us!

1994-02-14 Thread MMEEROPO%WNEC . BITNET
>The new issue of the FRB of Kansas City's Economic Review has an article, >which I've only just skimmed so far, arguing that full employment should >now be seen as 6 1/4% (old method of calculating unemployment, that is; >new method would be around 6 1/2 give or take a few basis points). That

Re: FUll employment upon us!

1994-02-14 Thread MMEEROPO%WNEC . BITNET
>The new issue of the FRB of Kansas City's Economic Review has an article, >which I've only just skimmed so far, arguing that full employment should >now be seen as 6 1/4% (old method of calculating unemployment, that is; >new method would be around 6 1/2 give or take a few basis points). That

GET LEHMANN COMMDEVT?

1994-02-07 Thread MMEEROPO%WNEC . BITNET
I sent a message to the LISTSERV as suggested in a recent post. But it said there was no File LEHMANN COMMDEVT. Did I spell something wrong? Hoping, Mike Meeropol (bitnet%"mmeeropo@wnec") (in%"[EMAIL PROTECTED]") (#100)

GET LEHMANN COMMDEVT?

1994-02-07 Thread MMEEROPO%WNEC . BITNET
I sent a message to the LISTSERV as suggested in a recent post. But it said there was no File LEHMANN COMMDEVT. Did I spell something wrong? Hoping, Mike Meeropol (bitnet%"mmeeropo@wnec") (in%"[EMAIL PROTECTED]") (#100)

Introductions -- another start

1994-02-07 Thread MMEEROPO%WNEC . BITNET
Michael Perelman suggests we introduce ourselves. I've been teaching at Western New England College since 1970 -- it's a "non-elite" school which gives me an excuse to produce very little in the way of "scholarship". My three books all have to do with the Rosenberg-Sobell case -- though in the f

Introductions -- another start

1994-02-07 Thread MMEEROPO%WNEC . BITNET
Michael Perelman suggests we introduce ourselves. I've been teaching at Western New England College since 1970 -- it's a "non-elite" school which gives me an excuse to produce very little in the way of "scholarship". My three books all have to do with the Rosenberg-Sobell case -- though in the f

Farrakan's latest blooper

1994-02-04 Thread MMEEROPO%WNEC . BITNET
Tell me if I've heard "thru the grapevine" the wrong story. It appears that while firing his fire-breathing crap-talking "lieutenant" Mr. Muhammed for the "tone" of his speech, Min. Louis Farrakan of the NOI claimed that the actual message was "true". Then went on to assert that 70% of all slave

Farrakan's latest blooper

1994-02-04 Thread MMEEROPO%WNEC . BITNET
Tell me if I've heard "thru the grapevine" the wrong story. It appears that while firing his fire-breathing crap-talking "lieutenant" Mr. Muhammed for the "tone" of his speech, Min. Louis Farrakan of the NOI claimed that the actual message was "true". Then went on to assert that 70% of all slave

Lynn Turgeon's report of the AEA discussion of Feldstein, et al.

1994-01-10 Thread MMEEROPO%WNEC . BITNET
>"Economists Trade Barbs Over President'sPolicy" was the headline in the >New York Times, January 5, 1994, p. D-2, for a meeting I attended. > >Martin Feldstein, who chaired the CEA in the second half of Reagan's >first term, acknowledged that "to complain too loudly about an economy >that is grow

Lynn Turgeon's report of the AEA discussion of Feldstein, et al.

1994-01-10 Thread MMEEROPO%WNEC . BITNET
>"Economists Trade Barbs Over President'sPolicy" was the headline in the >New York Times, January 5, 1994, p. D-2, for a meeting I attended. > >Martin Feldstein, who chaired the CEA in the second half of Reagan's >first term, acknowledged that "to complain too loudly about an economy >that is grow

Please send this guy free subs

1994-01-06 Thread MMEEROPO%WNEC . BITNET
I am sending this request to the entire PEN-L list because there are so many people on the list who may be involved in left publications, it is important to hit all the bases. A bit of background. While at the CSE conference this summer, I happened to meet Laszlo Andor. He's a Hungarian Marxis

Please send this guy free subs

1994-01-06 Thread MMEEROPO%WNEC . BITNET
I am sending this request to the entire PEN-L list because there are so many people on the list who may be involved in left publications, it is important to hit all the bases. A bit of background. While at the CSE conference this summer, I happened to meet Laszlo Andor. He's a Hungarian Marxis

The CBS story about Rick Wolff's son

1994-01-06 Thread MMEEROPO%WNEC . BITNET
I watched the CBS story about Rick Wolff's son, Mack [Matt?] and his experience at Vassar. I must say I really feel for what Rick and his family went through --- Here was someone clearly innocent who ended up being charged with virtually a crime and was thus caught up in a kind of Kafka-esque nig

The CBS story about Rick Wolff's son

1994-01-06 Thread MMEEROPO%WNEC . BITNET
I watched the CBS story about Rick Wolff's son, Mack [Matt?] and his experience at Vassar. I must say I really feel for what Rick and his family went through --- Here was someone clearly innocent who ended up being charged with virtually a crime and was thus caught up in a kind of Kafka-esque nig