Re: Re: growing inequality

2001-12-17 Thread F G
From: William S. Lear [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: [PEN-L:20686] Re: growing inequality Date: Mon, 17 Dec 2001 10:46:14 -0600 snip As a representative of an administration that supported the illegal destruction of unions, among other

RE: Re: Re: growing inequality

2001-12-17 Thread Devine, James
Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine -Original Message- From: F G [mailto:[EMAIL PROTECTED]] Sent: Monday, December 17, 2001 9:45 AM To: [EMAIL PROTECTED] Subject: [PEN-L:20690] Re: Re: growing inequality From: William S. Lear [EMAIL PROTECTED

Re: RE: Re: Re: growing inequality

2001-12-17 Thread Michael Perelman
-Original Message- From: F G [mailto:[EMAIL PROTECTED]] Sent: Monday, December 17, 2001 9:45 AM To: [EMAIL PROTECTED] Subject: [PEN-L:20690] Re: Re: growing inequality From: William S. Lear [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: [PEN-L

Re: Re: growing inequality

2001-12-17 Thread William S. Lear
On Monday, December 17, 2001 at 10:01:31 (-0800) Devine, James writes: In general, I agree with the sentiments of Bill and F.G. But it should be noted that once you get beyond the start of Jamie Galbraith's book, it's incredibly hard to read. Even professional economists have a hard time

RE: Re: RE: Re: Re: growing inequality

2001-12-17 Thread Devine, James
PROTECTED] Subject: [PEN-L:20690] Re: Re: growing inequality From: William S. Lear [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: [PEN-L:20686] Re: growing inequality Date: Mon, 17 Dec 2001 10:46:14 -0600 snip

Re: Re: Re: growing inequality

2001-12-17 Thread Rakesh Bhandari
On Monday, December 17, 2001 at 10:01:31 (-0800) Devine, James writes: In general, I agree with the sentiments of Bill and F.G. But it should be noted that once you get beyond the start of Jamie Galbraith's book, it's incredibly hard to read. Even professional economists have a hard time

RE: Re: Re: growing inequality

2001-12-17 Thread Devine, James
Hmm, I've read most of it and did not find it too difficult. Perhaps not being a professional economist makes it easier:-). What did you find hard to read? that's probably it. But it's been awhile since I read the book, so I don't remember exactly why it was obscure. Jim Devine [EMAIL

Re: RE: Re: RE: Re: Re: growing inequality

2001-12-17 Thread Rakesh Bhandari
there were some similarities. But Jamie didn't make it very clear. Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine Michael Perelman writes: I thought that it was something like the New Industrial State in terms of its structure, where the one sector looked like his

Re: Re: Re: Re: growing inequality

2001-12-17 Thread Doug Henwood
Rakesh Bhandari wrote: if Galbraith is calling for big new deficits, then how does he guarantee that the long bond will not act unfavorably? It's not been acting so well as it is: http://finance.yahoo.com/q?s=^TNXd=ct=6ml=onz=bq=l. Doug

RE: Re: Re: Re: Re: growing inequality

2001-12-17 Thread Forstater, Mathew
Doug - Interesting chart. I'd be interested in your 'reading' of it. Mat It's not been acting so well as it is: http://finance.yahoo.com/q?s=^TNXd=ct=6ml=onz=bq=l. Doug

Re: RE: Re: Re: Re: Re: growing inequality

2001-12-17 Thread Doug Henwood
Forstater, Mathew wrote: Doug - Interesting chart. I'd be interested in your 'reading' of it. The chatter in the market is that the rise in yields reflects expectations of a quick and strong recovery, and a Fed tightening within a year. Who knows if that's what's really happening, but that's

Re: Re: RE: Re: Re: Re: Re: growing inequality

2001-12-17 Thread Rakesh Bhandari
Forstater, Mathew wrote: Doug - Interesting chart. I'd be interested in your 'reading' of it. The chatter in the market is that the rise in yields reflects expectations of a quick and strong recovery, and a Fed tightening within a year. Who knows if that's what's really happening, but that's

Re: Re: Re: RE: Re: Re: Re: Re: growing inequality

2001-12-17 Thread Doug Henwood
Rakesh Bhandari wrote: Forstater, Mathew wrote: Doug - Interesting chart. I'd be interested in your 'reading' of it. The chatter in the market is that the rise in yields reflects expectations of a quick and strong recovery, and a Fed tightening within a year. Who knows if that's what's

Re: Re: growing inequality

2001-12-15 Thread Carrol Cox
Michael Perelman wrote: The article states: The richest 10 percent of American households, economists point out, have 34.5 percent more financial wealth than the average family. I wonder who the average family is. Probably it is misleading to focus on