Re: Re: wynne godley (Attn., Charles Yoshie)

2001-07-20 Thread Michael Pugliese
Some secondary sources on Bukharin below, for Charles and y'all.Mark Selden, below, btw, edited a great collection of docs for MR Press on the CCP and PRC back in the 80's or late 70's. His articles in the Bulletin of Concerned Asian Scholars along with counterpoints by Edward Friedman and

Re: RE: wynne godley

2001-07-18 Thread Michael Perelman
Max, I don't understand your point. Toledo gave away tax breaks to lure companies, such as Chrysler, which gutted its tax base. On Wed, Jul 18, 2001 at 04:49:04PM -0400, Max Sawicky wrote: I don't think it's quite right as an analogy. There's a city/suburb problem that you can appreciate

RE: Re: RE: wynne godley

2001-07-18 Thread Max Sawicky
To that extent tax competition is on point. In the main, urban fiscal problems are due to the city-suburb (city-state legislature) relationship, IMO. mbs Max, I don't understand your point. Toledo gave away tax breaks to lure companies, such as Chrysler, which gutted its tax base.

Re: Re: Re: RE: wynne godley

2001-07-17 Thread Michael Perelman
This also creates a bind regarding the dollar. If the dollar threatens to depreciate, the damn foreigners will refuse to continue financing our binge, dump their securities, drop the market and spoil our fun. Rob Schaap wrote: Ah, we're talking economics again, are we? Well, Prudent Bear

Re: Re: Re: RE: wynne godley

2001-07-17 Thread Jim Devine
At 04:08 PM 7/17/01 +, you wrote: Ah, we're talking economics again, are we? is that allowed? Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine Is it peace or is it Prozac? -- Cheryl Wheeler.

Re: Re: Re: RE: wynne godley

2001-07-17 Thread Michael Perelman
Although Godley is not signing on for a while, his co-author and ex-penner, Alex Izurieta, is coming on board. You can direct some of these questions for him, although you might wait a couple of hours. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel.

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

2001-07-17 Thread Jim Devine
At 09:37 AM 7/17/01 -0700, you wrote: Although Godley is not signing on for a while, his co-author and ex-penner, Alex Izurieta, is coming on board. You can direct some of these questions for him, although you might wait a couple of hours. folks, be polite! Jim Devine [EMAIL PROTECTED]

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

2001-07-17 Thread Max Sawicky
. . . The effects of any form of undisguised wall-to-wall US protectionism on world trade today would be presumably, completely catastrophic, the debacle even worse than 1929-31. Is the Godley view that this debacle is inevitable anyway, so it's a case of sauve qui peut? Mark Jones I presume

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

2001-07-17 Thread Jim Devine
Mark Jones wrote: Incidentally, the Godley paper lays policy emphasis on import controls. This looks like impish humour, since it is hard to imagine how such a policy could be implemented without doing even more damage. As Jim Devine says, the cure is worse than the disease: To summarize, U.S.

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: RE: wynne godley

2001-07-16 Thread Michael Perelman
I was hoping for more fruit and less nuts. On Mon, Jul 16, 2001 at 03:48:15PM -0400, Max Sawicky wrote: If the discussion is not fruitful, I'm sure it will be nutful. mbs Jim Devine has brought up Wynne Godley's work several times. He has a new paper writter with a former penner, who

RE: Re: RE: wynne godley

2001-07-16 Thread Forstater, Mathew
[mailto:[EMAIL PROTECTED]] Sent: Monday, July 16, 2001 2:59 PM To: [EMAIL PROTECTED] Subject: [PEN-L:15206] Re: RE: wynne godley I was hoping for more fruit and less nuts. On Mon, Jul 16, 2001 at 03:48:15PM -0400, Max Sawicky wrote: If the discussion is not fruitful, I'm sure it will be nutful

Re: RE: Re: RE: wynne godley

2001-07-16 Thread Michael Perelman
Worse than that, it makes sense -- a violation of basic academic principles. On Mon, Jul 16, 2001 at 04:29:07PM -0500, Forstater, Mathew wrote: his work is very important i think. he sets up scenarios with simple models, like Y = C + I + G + X -M or -- Michael Perelman Economics

Re: RE: wynne godley

2001-07-16 Thread Christian Gregory
In the most recent article he comments that the United States should not forget that nondiscriminatory measures to control imports (not to be confused with 'protectionism') are permitted under Article 12 of the successor to the GATT. What kinds of measures are these? - Original Message

Re: Re: RE: wynne godley

2001-07-16 Thread Rob Schaap
Ah, we're talking economics again, are we? Well, Prudent Bear Marshall Auerback http://www.prudentbear.com/Comm%20Archive/markcomm/i082900.htm talked about Wynn Godley's thoughts on private sector debt last August (when, to my mind, things looked bad, but not as bad as now - Kenichi Ohmae's

Re: RE: wynne godley

2001-07-16 Thread Chris Burford
At 17/07/01 02:00 +0100, you wrote: Michael Perelman: I think that Godley may sign up to pen-l after he returns from England. I hope that we can discuss his paper fruitfully. I'd be specially interested to discuss his views about import controls. Mark Wynne Godley is a thoughtful and