At 04:29 AM 12/14/00 +1000, you wrote:
>Fantastically cool, Matt! Only a jack of all trades can really aspire to be
>master of one!
or jill of all trades, in Yoshie's case.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
Yoshie- I would say Miyabe's book gives a very different view of consumer credit
in Japan than what you put forward. It does argue that there are a group of
people who do not go for credit cards, but this is not due to their
unavailability, etc. I will try to type a few paragraphs in later. Some h
At 10:42 AM 12/13/00 -0600, you wrote:
>Jim- Are you an advocate of IS-LM??
No, but ISLM provides a good language for the _start_ of a discussion,
since almost every macroeconomist knows it. For example, Paul Davidson, a
well-known anti-ISLMicist, uses IS-LM in his paper on the finance demand
I think this view is somewhat correct. If public spending is
significantly focused on physical infrastructure than Japan's
infrastructure is "overdeveloped". I recall a NYT article talking about
spending vouchers being distributed as part of public spending, some of
which could be used for pachi
