At 11:53 PM 12/4/01 -0800, you wrote:
>Then the laws of probability should correspond to
>human behaviour in as much as they do to the behaviour
>of inanimate matter, and they do not.
some human behavior is predictable, though much of it is not. The big
problem with statistics as applied to huma
At 07:23 PM 12/5/01 +, you wrote:
>There is an almost complete blackout on the situation in the Kandahar
>area. No longer are we even getting the coverage we got before the fall
>of Kabul and Mazar e Sharif. This is no accident. No tv images with the
>on the front journalists. No more are our
ooks (one of which, Henry George: Dreamer or Realist? was
>published in 1966 by the University of Pennsylvania Press and is still in
>print). He has been instrumental in inducing 18 jurisdictions to collect
>about $70 million annually in extra land value taxation. He is currently
>writing a book entitled The Most Important Statement Ever Made¯a rational
>proof for equal rights.
>Contact Information:
>Research Director
>Center for the Study of Economics
>1191 School St.
>Indiana, Pa. 15701
>Phone: 724/463-3993
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
NTMail K12 - the Mail Server for Education
the
world."
[yeah, right. How often to the _people_ of a mineral-rich country benefit
from that wealth? Maybe in Saudi Arabia...]
Jim Devine [pen-l's reporter in Culver City, CA] [EMAIL PROTECTED] &
http://bellarmine.lmu.edu/~JDevine
at practice should be taken as far as most economists do, but it's
sometimes worthwhile.)
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine "Segui il
tuo corso, e lascia dir le genti." (Go your own way and let people talk.) --
K. Marx, paraphrasing Dante A.
w
opium and the like. (It would become a "normal" crop, without any promise
of possible big winnings.) This would be reinforced if "consumer" countries
like the US were to fight drugs using education and treatment instead of
using troglodyte tactics.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
At 01:24 PM 11/13/01 -0600, you wrote:
>Do I detect jest in this post? The Taliban is involved in the drug trade.
>Officials in cities where production is heavy have publicly admitted they
>cannot control production and that they will not because they need the
>support and the farmers need the mo
n-l should (1) sell heroin futures short
and (2) sell the "War on Drugs" short.
Hey, maybe this will kill the War on Drugs. If so, that's good news.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
lt to see how, in fact it
>seems difficult to comprehend how Empire may be fought by any other means.
>For Empire to recreate reformism on a significant scale in this period of
>time would be to turn the clock back and recreate a parochial bourgeoisie.
>
>Greg Schofield
>Perth Australia
>
>
>
>
>
>
>
>
>
>--- Message Received ---
>From: Chris Burford <[EMAIL PROTECTED]>
>To: [EMAIL PROTECTED]
>Date: Tue, 13 Nov 2001 07:31:29 +
>Subject: [PEN-L:19564] Victory to Empire
>
>
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
In response to a conversation about a new automobile (called the Pod, I
believe) that is highly computerized and talks to the driver, my 11-year-old
son Guthrie said: "It's HAL on wheels!"
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
>Donald Rumsfeld, the defence secretary, told a news conference in India
this week that the war would not take years. The week before, at a briefing
in the Pentagon, he had compared the bombing of Afghanistan to that of Japan
in the second world war, the point being that the latter had taken more
tics are even
OK in the matter of airport security: Democrats want to federalize airport
screeners, while Republicans prefer to subcontract the job to private
companies
[for more, see:
http://www.latimes.com/news/printedition/suncommentary/la-90118nov11.sto
ry?coll=la%2Dheadlines%2Dsuncomment]
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
Chris Burford writes: >Torture was especially used in Europe from the middle
ages at the time of the rising bourgeois state. It is interesting that it is
becoming a credible need at a time of turbulence in the creation of the
international Empire.<
I'm not sure that this historical analogy works.
Title: please post this notice about the Nov-Dec issue of CD
Cy should have also mentioned that I have a piece in the next
issue of Canadian Dimension.
- Original Message -
From:
Cy
Gonick
To: [EMAIL PROTECTED] ; [EMAIL PROTECTED] ; [EMAIL PROTECTED] ; [EMAIL PROTECTED]
t Robertson.
c) the World Trade Organization's leading decision-makers.
d) Rupert Murdoch and the board of directors of News Corp.
e) the fashion industry.
f) all of the above.
g) none of the above.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
an in the lead-up to the previous crisis, when
>deflation was more severe. Nor does its financial system look significantly
>more exposed (thanks largely to a currency that is only partially
>convertible). Goldman Sachs reckons that the most vulnerable financial
>systems are in Malaysia, Taiwan, Thailand and Indonesia.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
NTMail K12 - the Mail Server for Education
at 0.3 percent. What is new here is
> > that deflation is spreading from the industrial world to consumers.
hey, cool! we can see if Irving Fisher's debt-deflation theory of
depressions works.
I hope it doesn't.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
NTMail K12 - the Mail Server for Education
ed by
political pressure on states which support them. Trying to oust the Taliban
by force is a sideshow which has turned hundreds of thousands into
refugees, and disrupted aid. Even if, like the war on Milosevic, it were to
succeed after 78 days, al-Qaida would still be at large and fighting on.
[EMAIL PROTECTED]
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
At 05:30 PM 11/1/01 -0500, you wrote:
>The Day The World Came To Its Senses?
>By Bill Moore
>October 07,2001
it looks like Shell wants to monopolize the supply of non-oil energy
sources before they take hold...
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
gic environment that the public can help bring
about. We need worry no more about the Gulf than we do about the Costa Brava.
· Dan Plesch is senior research fellow at the Royal United Services
Institute. This is an edited version of his contribution to Tuesday's
Guardian-RUSI conference. [EMA
resistance. These days, with nationalism discredited for many,
religious-fundamentalist and ethnic radicalism seem to prevail. In other
words, the imposition of a world state causes a movement against that
state. If we're lucky (i.e., if there's a break from the current trend),
At 04:13 PM 10/30/01 -0500, you wrote:
>Jim Devine wrote:
>
>>what did he [Minsky] say? I can imagine he said that Fisher's
>>debt-deflation depression couldn't occur nowadays. He may still be right.
>
>It's been ages since I read it, and my copy is in st
Doug wrote:
>Jim Devine wrote:
>
>>Fisher's theory appears in Fisher, Irving. 1933. The Debt-Deflation
>>Theory of Great Depressions. Econometrica 1: 337-57. It was also
>>published as a book. This theory has appeared in orthodox mainstream
>>textbooks, b
esearch in Political Economy. vol. 14: pp. 119-194.] See also my 1983 article "Underconsumption, Over-Investment, and the Origins of the Great Depression." Review of Radical Political Economics. 15(2): 1-27.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
I thought I was sending this to pen-l, but it was only to Sabri. Pen-l may
be interested.
>Date: Tue, 30 Oct 2001 11:47:40 -0800
>To: Sabri Oncu <[EMAIL PROTECTED]>
>From: Jim Devine <[EMAIL PROTECTED]>
>Subject: Re: A sharp V-shaped economic downturn and recovery?
>
nd agree a global
solution to climate change.
Andrew Simms works for the New Economics Foundation and is writing a book
about ecological debt.
[EMAIL PROTECTED]
Guardian Unlimited © Guardian
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
o that Federal debt could all be repaid. Such an
>extrapolation involved
>a similar one for the private sector deficit. Technological revolutions, of
>their nature,
>are inherently unstable. The 19 th century history shows that they cause
>long cycle
>large fluctuations, not merely in output but also in prices.
>There is nothing new in my analysis. But until now it has made me seem a
>prophet of
>doom - predicting a serious V-shaped US recession when the consensus denied
>the
>possibility. The danger now is that the consensus may become paranoid,
>seeing
>dangers of depression as in the short term the situation turns out worse
>than currently
>expected. But now is the time to be optimistic. The adjustment will be
>painful, but the
>prospects thereafter are exciting.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
bag. Every morning, she checks
> electricity and gas-meter readings and marks them on a wall
> calendar. When she noticed water bills were high, she screwed
> down the main water tap. This year, she threw out the old
> television set, and hasn't replaced it.
>
> The Kawamotos have worked out a lifelong-savings plan,
> plotting out income and expenses through 2023, but it doesn't
> look pretty. They will soon have two children in college, but
> Mr. Kawamoto's income isn't rising as expected, as the
> strapped local government tightens spending. That will leave
> them 5.5 million yen shy of the 30 million yen nest egg they
> hoped to have by 2012, when Mr. Kawamoto wants to retire,
> buy a little house in the country and try his hand at farming.
> Already, the Kawamotos have amended their savings plan, by
> expunging all the expenditures in the "pleasure" category until
> 2006.
>
> And so it is that in Japan, a land once notorious for its $100
> melons and $6 cups of coffee, some people pine for the old
> days of rising prices. Mr. Kawamoto, gazing out at his garden,
> notes how his property's value has fallen back to nearly what
> he paid for it in 1975. "It's easier to use money when prices
> are high, because whatever assets you have, they're going up,"
> he says.
>
> Write to Phred Dvorak at [EMAIL PROTECTED]
>
>
>--
>
>Michael Perelman
>Economics Department
>California State University
>[EMAIL PROTECTED]
>Chico, CA 95929
>530-898-5321
>fax 530-898-5901
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
se stockpiles don't
exist or are trivial.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
on is akin to Keynes, seeing no automatic solutions, with socialist
revolution as only a potential, one that may never be achieved. Actual
political organizing, etc., is needed.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
in case anyone was wondering, the think-piece on the new Cold War was by me.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
nomics Department
>California State University
>Chico, CA 95929
>
>Tel. 530-898-5321
>E-Mail [EMAIL PROTECTED]
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
when was the US system of postal savings accounts abolished? why? (When did
it arise?)
when did the US savings & loan system arise?
why did credit unions become popular and when?
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
ng capitalized obviously does not mean that
>capitalist consumption need drop in absolute terms. grossmann's idea however
>was that long before the mass of surplus value began to fall in absolute
>terms,
>capitalists would suffer a decline in their consumption fund. This would be
>enough to provoke crisis and intensified class war.
I wasn't talking about Grossman, but about Sweezy & Bauer. If Grossman's
story is dependent on the assumption that the OCC rises steadily over time,
it's got serious problems.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
also don't understand the Sweezy/Bauer assumption that "an
increasing proportion of surplus value tends to be accumulated and an
increasing proportion of accumulation tends to be invested," (p. 187). In
my theory, in some historical eras, it's the rate of surplus-value tha
onsumptionism in
>Theory of Capitalist Development...
Family resemblance, yes, but since I read Sweezy & criticized his view, I
avoided some of his mistakes. See, for example, my critique of Baran &
Sweezy and the whole MONTHLY REVIEW view of the time (i.e., up to the early
1980s) in my 1983 REVIEW OF RADICAL POLITICAL ECONOMICS. Also, as noted
above, the underconsumption cases are not the _only_ reasons for crises
under capitalism.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
s the fragmentation of the mujahideen post-1992). But
Najibullah held out for another three years ... <
It's important to remember that (1) the Kabul regime increasingly draped
itself in orthodox Islamic symbols while retreating from its modernist
program and (2) the various anti-government factions started fighting
amongst themselves. This helps explain why Najibullah held out for three
years.
Summary: In addition to "foreign affairs" elements (e.g. the Cold War
contention of the two superpowers or the current effort by the US power
elite to create a world government in its image), if we want to understand
an event like the recent wars in Afghanistan, we have to look at class,
ethnicity, and the like inside the country.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
y
>significant as the Caspian." But the oil and gas there is worthless
>until it is moved. The only route which makes both political and
>economic sense is through Afghanistan.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
ill find that she has
>discovered the missing dialectic in the equal exchange of necessary
>labour ...
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine "Segui il
tuo corso, e lascia dir le genti." (Go your own way and let people talk.)
-- K. Marx, paraphrasing Dante A.
ard Nixon, that bequeathed the world Pol Pot (supported
>throughout the 1980s by the US, UK and China) also gave us the very same
>Taliban and an utterly destabilised and now nuclear Pakistan.
>
>All of which is to say, there was no "Russo-Afghan war".
still, there was a lot of fervor on the part of many Afghans against the
modernizing Afghan government and their Russian allies. Many Afghans died
as a result (along with lots of Russians). It wasn't just the US elite
pulling strings. The war wasn't just a campaign in the broader Cold War.
Similarly, the Vietnamese weren't puppets of the Russians and the Vietnam
war wasn't just a campaign in the broader Cold War.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
seems to be a bit too hagiographical.)
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
hten fiscal policy.
Economies such as Japan and Europe, which still have room for monetary or
fiscal easing, would be wise to use it. Low inflation and budgetary
discipline are fine long-term goals, but they are best put aside when the
world economy is flirting with such a deep recession.
Copyr
1929 and 1973 - when the prevailing economic orthodoxy is challenged. It
means that politicians are going to be a lot more wary about handing over
power to market forces (and central banks, for that matter). And it means
my reputation is firmly on the line.
"Now turn that machine back on and make sure this is turned into the usual
nonsense."
[EMAIL PROTECTED]
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
om/code/TodaysPapers/TodaysPapers.asp).
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
will survive, perhaps as two or three different
guerilla groups (that hate each other). Of course, my predictions regularly
turn out to be wrong.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
weakness of violence is that it is a descending spiral,
>begetting the very thing it seeks to destroy... Through violence you may
>murder the hater, but you do not murder hate.
>-- Dr. Martin Luther King, Jr.
>
>Killing for peace is like fucking for virginity.
>-- Vietnam era antiwar slogan
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
fourth cell
member, Bin Workin. Police are confident that anyone who looks like Bin
Workin should be easy to spot, and employees are asked to look for and
report any sightings.<<
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
to see why
it may not tend to increase sufficiently. <
I don't know of anyone who thinks that the rate of exploitation would
decrease secularly. Any tendency for this to happen would be counteracted
with what's crudely called a "capital strike."
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
ring
the 1920s in the US, when labor productivity in manufacturing soared
relative to real wages? that's an "excessive sufficiency" of surplus-value
in production.
> Erik Olin Wright understood this well.
where?
>And Jim if you say that crises can be caused by any one of multiple
>factors, I don't see how you have a theory of crisis any more. We might as
>well read the WSJ.
You clearly didn't read what I wrote. Again, go look at the 1994 RESEARCH
IN POLITICAL ECONOMY article. It appears at:
http://bellarmine.lmu.edu/Faculty/JDevine/subpages/depr/d0.html or
http://bellarmine/~Jdevine/depr/d0.html.
I hope that the insulting reference to the WSJ also helps counteract the
insulting suggestion that I support ObL. With luck, all insults cancel out.
For me, they simply indicate the quality of those who use them.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
who is Eric Rudolph?
At 11:47 AM 10/19/01 -0700, you wrote:
>I wonder if capturing Eric Rudolph would be good practice when the U.S. in
>locating ObL?
>--
>Michael Perelman
>Economics Department
>California State University
>Chico, CA 95929
>
>Tel. 530-898-5321
>
lmu.edu/~jdevine/depr/D0.html.
Section 1 (d1.html) is where I deal with crisis theory in general.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
true believers in the
War Against Terrorism. (WAT?)
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
read the newest stuff from pen-l.
and people say that ObL is the big problem.
;-)
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
raelis
once hounded Adolf Eichmann. With quiet police work, not noisy war work.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
duced. But if they are, the Walras-Arrow-Debreu model falls apart,
since it can't handle having more than one different kind of
"imperfection." So even though the "efficiency" wage theory makes some
sense, the W-A-D framework that it's used in should be
Of course, Berlusconi's
power is limited by the Italian working-class and by competition within the
capitalist class, whereas ObL's power is limited only by the amount of
resentment with and disgust at the targets of his ire and the amount of
mindless faith he can use.
BTW, today
NC economics). It would not shift the
supply-of-labor curve.
Of course, I don't believe in the theory presented above. Some other time,
I'll give my take on this issue.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
11 attack survivors should not aid
surviving members of gay partnerships.<
Jim Devine [EMAIL PROTECTED] &
http://bellarmine.lmu.edu/~jdevine
has turned to the
same "Orientalist" language he's spent his career attacking.
For example, he recently derided the terrorists for their
"primitive" ideas, "magical thinking," and
"lying religious claptrap." <
is this true?
Jim Devine [EMAIL PROTECTED] &
http://bellarmine.lmu.edu/~jdevine
d an article by Michael Perelman.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
, you wrote:
>In which theory??
the one that is put forth in the media and the textbooks.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
to help Main Street, not Wall Street.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
At 11:07 AM 10/5/01 -0400, you wrote:
>the question i have for michael perelman is: do economics professors
>and theorists usually frequent lap dancers? ;-)
I never inhaled.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
make banks reluctant to
generate loans. "If that happens," Zandi said, "the problems for the
economy are going to grow very deep."
for the rest, see: http://www.latimes.com/business/la-100501debt.story
>>are they assuming that monetary policy will finally work?
>>
>>or that the mythical self-curative forces of the market will work?
the last refers to the effects of falling prices, which are likely to spur
a deeper recession (as debt loads get worse).
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
ive forces of the market will work?
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
tes a self-perpetuating system of transportation
>class segregation in the U.S. I think this has a lot more to do with the
>alleged aversion of Americans to mass transit than the "love of the
>automobile".
absolutely!
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
t get rid of the "racist
tone." BTW, it may not be a "racist tone" at all, since for many young
white folks, rapper-types are admired.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
sn't have them. In any event, unwanted inventory accumulation (general
overproduction) is a symptom more than a cause of economic problems.
BTW, some economists argue that even service-providers _in effect_ have
inventories. "Excess supply in a service industry will show up as excess
capacity [e.g., unused airplanes] or as 'inventory' of underutilized
employees." -- Baily & Friedman, MACROECONOMICS, 2nd ed, p. 66.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
ignore social difference by driving to work there to the well-protected
>parking lots from the toney suburbs.
right. Profs wouldn't take public transportation and would drive in from
the suburbs. Those who live in Hyde Park would drive through the DMZ.
why "endangered
l of Economics and the author of The World at 2000
he used to get published in the NEW LEFT REVIEW a lot. He seems to have
"gone establishment." If I remember correctly, he was one of those who was
unhinged when the USSR fell, since he admired that country to some extent.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
_cordon sanitaire_ to protect the
whites. This probably reinforced the normal academic propensity to engage
in ivory-tower thinking.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
sserted that scientists somehow created Goddie in the lab. At the end, it
turns out that "there's a little bit of Godzilla in all of us.")
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
s them in a permanent state of alert (and fear), which
isn't justified until the end.
Or at least that is the theory.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
Eerily reminding me of old pen-l discussions of the US/NATO war against
Serbia, today as I was driving into work, US NPR quoted the spooky
STRATFOR's leader for information about US psychological warfare against
Afghanistan.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
Doug and I asked Michael Perelman about what the standards are for shutting
off discussions on pen-l. Now, I ask Doug: what are your rules for lbo-talk?
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
I wrote:
>US NPR said this morning that ObL _wants_ to be a
>martyr...
>What, did they talk to OBL on the phone?
it's probably based on "on dit" evidence (i.e., rumor). But it sounds like
a plausible possibility.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
excessive debt), even with negative real interest rates, so that spending
won't respond (the "vertical IS curve" situation). Nor does he bring in the
possible problem of credit rationing, in which banks refuse to lend, no
matter what the interest rate.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
Islamic fundamentalism as a force to
mobilize people to engage in terrorism. In fact, it might easily create
martyrs (and US NPR said this morning that ObL _wants_ to be a martyr),
encouraging an even stronger movement in the future. Israeli assassinations
of Palestinian leaders has not been a succ
>Date: Wed, 03 Oct 2001 08:04:08 -0700
>To: "Austin, Andrew" <[EMAIL PROTECTED]>
>From: Jim Devine <[EMAIL PROTECTED]>
>Subject: RE: [PEN-L:17980] Re: RE: Evidence against bin Laden
>
>At 07:47 AM 10/03/2001 -0500, you wrote:
>>The Taliban is a
>&
e economists?
>
>I don't get what your standards are, Michael. More transparency, please!
>
>Doug
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
enemies
>communists proclaiming an anti-American jihad will be right there in front
>of the Washington Monument on Saturday?
aren't you glad that Osama bin Laden's brand of simplistic and bloody
thinking is taking hold amongst the pundits?
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
g lag time. Further,
there is an immediate placebo effect.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
"Is it peace or is it Prozac?" -- Cheryl Wheeler.
NTMail K12 - the Mail Server for Education
, financial linkages nailed down, etc. The case look certain.
"look[s] certain"? So let's bomb Afghanistan? Have you volunteered to join
the Air Force yet? are you going to put your money where your mouth is?
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
NTMail K12 - the Mail Server for Education
e media) while being extremely careful not to
believe everything they say.
BTW2, what is PRIVATE EYE's connection with the intelligence goons?
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
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incorrect
information out of one's credit record.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
derstand that in the current climate, it is better safe than sorry. The
question the current plans raise is who will really be safe, and who will
just be sorry.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
orrelated with the misery index: when profit rates fall, the degree of
stagflation rises. See my "Rising Profits and Falling Inflation: An
Empirical Study," Review of Radical Political Economics, 32(3), 2000: 398-407.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
hard to get to as a town up in the mountains,
since the traffic is so bad.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
ould have ended anyway,
since the slump in cotton demand was coming anyhow.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
0s who contacted
>several women he was dating casually, all of whom he has had sex with
>since the attacks. 'Usually there are girls where you say she's not my
>type. Everything was my type all of a sudden.'"
sales of Prozac are also up.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
on the front page of the TIMES? And
does the king really want to leave Rome?
does anyone know anything about the king?
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
ide) or
by bottlenecks in labor-power or natural-resource or (in the short run)
fixed capital-goods markets or environmental disasters (on the supply side).
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
7;s do logistics first.
white-faced? meaning Caucasian? or scared?
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
y to delay the inevitable) are
>desperately trying to separate their fortunes from that of the oil industry
>with electric and fuel cell vehicles. Of course, the internal combustion
>engine is a known profit-maker (for all kinds of reasons), so they will not
>rush to alternatives any faste
onal message" that I forwarded to pen-l that suggested
that bin Laden is much richer & more powerful than Taliban is, so that they
couldn't throw him out & turn him over to the US if they wanted to. Of
course, they would never admit this powerlessness.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
t; is a recent euphemism.
Apropos of nothing, I remember that I told pen-l's Brad deLong that it was
possible -- quite possible -- that a "soft landing" could become a
recession if and when the accelerator effect (the discouragement of real
fixed investment by slow or falling GDP) kicked in. He pooh-poohed me.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
economics in a chapter toward the end, treating it as a special case, in
the imaginary world (as he saw it) where prices don't adjust
instantaneously so that "new classical economics" don't apply.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
ion.
It _would_ be better for US workers (and minorities, who are typically
"last hired & first fired") to have unemployment falling rather than
rising. A big issue is whether that situation is sustainable, without a
large-scale war and deficit spending.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
It's a strange day when I seem to get more e-mail messages (from "Tony
Theriault") with viruses (viri?) attached than I get pen-l messages...
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
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