the significance of global riots

2001-07-22 Thread Mr. Rakesh Narpat Bhandari
Max, does the EPI include this 'betrayal' in its criticism of NAFTA or is this side letter exactly the kind of fair trade for which EPI, Sweeney and you are fighting? ___ From today's NYT: Rodolfo Perdomo Bueno, who operates a mill company called Grupo Perno, said that despite their

the significance of global riots

2001-07-22 Thread Mr. Rakesh Narpat Bhandari
Max Sawicky [EMAIL PROTECTED] said: Why not read it and find out for yourself instead of demolishing the straw men of your imagination. Yes, yes Max, my damn imagination: I hallucinate (as you put it) that Lind is a nativist and a right winger (by the way, there are interesting things to

Re: the significance of global riots

2001-07-21 Thread Mr. Rakesh Narpat Bhandari
I tried to unsubscribe; perhaps Michael P will help me. Erased all the messages. Just checked through the archive. As to whether Lind's view of the job displacing and welfare using effects of the immigration of poor, uneducated Mexicans can be accurately characterized as demagogic racist

Re: Re: Kliman vs URPE/RRPE

2001-07-21 Thread Mr. Rakesh Narpat Bhandari
Jim Devine [EMAIL PROTECTED] said: I know absolutely NOTHING about the content of this case. I know and like Kliman, while I've been on the ed. board of the RRPE and admire their magazine. In this kind of situation, all else constant, my basic, gut-level, instinct is to assume that

Re: Re: RE: Re: RE: Re: Re: The US Dollar (spend it fast as you can)

2001-07-19 Thread Rakesh Narpat Bhandari
Lind is not a nativist. He is a liberal nationalist. He may be a Listian, but to me that is not necessarily a Bad Thing. The idea that he is a right-wing plant is hallucinatory. mbs While what Pugliese downloaded includes reasonable criticisms of a neo bracero program, it soon became an

Re: RE: RE: Re: URPE circular letter about AndrewKliman

2001-07-19 Thread Rakesh Narpat Bhandari
How can we ever imagine succeeding in effecting large-scale social transformation if tiny factions of 'radical' and 'marxist' economists cannot work out their petty differences without bankrupting one of the only organizations and journals that provide an outlet for papers and presentations for

Re: Re: Re: RE: Why I Am Leaving PEN-L

2001-07-18 Thread Rakesh Narpat Bhandari
Even so, please, I am trying to avoid the aggressive sort of note that you posted here. Please cool it. I see aggression in what Spivak once called in a moment of clarity sanctioned ignorance, i.e., what can be safely ignored. Note Max's refusal to reply to Jain Carowan's well reasoned

Re: Re: protectionism

2001-07-18 Thread Rakesh Narpat Bhandari
I refer here not only to retaliations and beggar-thy-neighbor policies (to which Mark was perhaps averring) but the possibility that by limiting the supply of dollars abroad through tariffs and the other import restrictions meant to protect declining industries--and this seems to be

Re: Re: Re: tariffs, trade, MNCs, etc.

2001-07-18 Thread Rakesh Narpat Bhandari
Jim Devine wrote: I wrote: The MNCs are mostly for free trade, though they will take advantage of existing trade restrictions, if they can. Rakesh: Jim, how do you know this? The usual way I know things, from reading, from direct experience, and from logically or intuitively figuring it out.

Re: Re: The US Dollar (spend it fast as you can)

2001-07-18 Thread Rakesh Narpat Bhandari
Actually, I don't overlook this. In fact I wrote my dissertation on this and looked into the role of historical inertia quite closely and it doesn't hold up. Sounds like a great diss. Did you ever publish an article summarizing it? If not, what school did you do it at? The official

Re: RE: Re: Re: The US Dollar (spend it fast as youcan)

2001-07-18 Thread Rakesh Narpat Bhandari
Michael Lind (The Next American Nation) makes the point that patents, IP, and professional licensure (i.e., tenure!) are the upper-class (white overclass) variant of protectionism. Consistent free-traders should be willing to do away with those barriers to trade as well. How do laissez faire

Re: Re: The US Dollar (spend it fast as you can)

2001-07-18 Thread Rakesh Narpat Bhandari
Rakesh Narpat Bhandari wrote, And the size of the CAD (and trade deficit) is not correlated with the value of the dollar; if it were there would be some reason to expect Tom W's scenario of an imminent mass dumping of dollars. Why does there seem to be no correlation? Ellen's analysis seems

Re: Other People's Money

2001-07-18 Thread Rakesh Narpat Bhandari
JUL 18, 2001 Other People's Money By PAUL KRUGMAN I t wasn't true when Richard Nixon said it, but it is true today: We are all Keynesians now at least when we look at our own economy. We give anti-Keynesian advice only to other countries. When it comes to the U.S. economy,

Re: RE: Re: RE: Re: Re: The US Dollar (spend itfast as you can)

2001-07-18 Thread Rakesh Narpat Bhandari
Lind is not a nativist. He is a liberal nationalist. He may be a Listian, but to me that is not necessarily a Bad Thing. The idea that he is a right-wing plant is hallucinatory. mbs Check what he says about the need to control immigration in one of his books. Maybe I am hallucinating his

protectionism

2001-07-17 Thread Rakesh Narpat Bhandari
1. Alex's concerns about dynamic increasing returns speak mostly to North-North trade--as Richard Nelson and Sylvia Ostry have noted--not to the North-South trade which has motivated anti-globalization, protectionist sentiment. So the theoretical concerns which he raises seem out of place

Re: Re: RE: Re: Re: Re: RE: wynne godley

2001-07-17 Thread Rakesh Narpat Bhandari
In any event, the world political economy has changed, undermining the political basis for protectionism Jim, I check the archives often, and have learned a great deal from your posts. Not sure I agree here. Wouldn't the US state like to run a trade deficit to its own mnc's and thus

Re: tariffs, trade, MNCs, etc.

2001-07-17 Thread Rakesh Narpat Bhandari
Jim D wrote At 04:31 PM 07/17/2001 -0700, you wrote: In any event, the world political economy has changed, undermining the political basis for protectionism ... Not sure I agree here. Wouldn't the US state like to run a trade deficit to its own mnc's and thus accept imports from where

Re: RE: Why I Am Leaving PEN-L

2001-07-17 Thread Rakesh Narpat Bhandari
I don't get along with Rakesh, who has just arrived, but how do we know it's really Rakesh and not some imposter whose real name is Hyman Blumenstock or Tachion Babushka? Max, why do you find so called ethnic names funny? Are you one of those self-hating ones? Look, I am sure you are a good