RE: RE: godley and implosion in the US

2001-07-17 Thread Max Sawicky
yes. mbs Didn't Wynne come out and state that a tax cut four times as big as Bush's would be necessary to avoid a major downturn?

RE: godley and implosion in the US

2001-07-17 Thread Forstater, Mathew
godley and implosion in the US Yes, I agree with Rob Schaap's illustrative description of the tragedy of our non-competitive free market at both international and domestic levels. I would not be able to express it better. And I find it very appropriate to look at the IT sector, because it is usu

godley and implosion in the US

2001-07-17 Thread Alex Izurieta
Yes, I agree with Rob Schaap's illustrative description of the tragedy of our non-competitive free market at both international and domestic levels. I would not be able to express it better. And I find it very appropriate to look at the IT sector, because it is usually shown as a factor of equaliz

Re: godley and implosion in the US

2001-07-17 Thread Rob Schaap
G'day Alex, You write: "Kaldor's main hypothesis is that the Ricardian idea that free trade is beneficial for all parties involved (via comparative advantages) is true only if the assumptions of perfect competition and constant returns to scale of the aggregate production function stand. If not

godley and implosion in the US

2001-07-17 Thread Alex Izurieta
folks, be polite! Thanks Jim (or was that meant for Wynne only?) It is nice to be back. As Michael said, I am working in association with Wynne since January. That means that I would not possibly have more answers at hand than many of you who know the work of Wynne from an earlier stage. AS TO P