The Brecht Forum
The New York Marxist School
122 West 27 Street, 10 floor
New York, New York 10001
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[EMAIL PROTECTED] (e-mail)
In Defense of Mumia
a book party and discussion with
S.E. Anderson, Tony Medina, Pam Africa, Safiya Bukhari,
and other
I have in earlier messages said that the Norw. elite, by echanging the
FTA for an EEA agreement in january 1994, have sold out for nothing in
return. Someone may react to such a description of seemingly irrational
behaviour.
I got a personal message from a political scientist on this. He is
Doug writes in response to C. Niggle:
They show that neither stock prices nor the issuance of new shares offer
any significant explanation of the variance in investment, both at the firm
and aggregate levels. Among other things, it seems yet another nail in the
coffin of q theory, which played
BLS DAILY REPORT, TUESDAY, APRIL 16, 1996
"Downsizing results" is the subject of the page 1B graph in USA Today,
According to the legend, an increasing number of human resource directors
and vice presidents say their companies are understaffed to the point that
morale and business results
At 2:14 PM 4/16/96, Gary Dymski wrote:
This suggestion comes in Keynes' book which is, by all accounts, dripping
with suggestions about the relationships of the financial and real. Doug
always comments sensibly on the economy, and I know he doesn't want to make
the same blunder in theory as do
At 2:24 PM 4/16/96, [EMAIL PROTECTED] wrote:
I have not read Mork, et al, and they may have a point for
post-1945 data, but certainly during the Great Depression, both
the stock market and real capital investment were way down.
Which just proves that people who say that it's not a General
Doug,
The first paragraph of your posting on Keynes and the stock market
was extremely condensed. Could you enlarge on (a) what influence you
think Keynes saw (from SM to investment) and (b) what this 1990 paper
found?
Hugo Radice
[EMAIL PROTECTED]
Subject: Biko's widow's testimony
TRUTH-2ND-LD-WITNESSES
EAST LONDON April 15 1996 Sapa
WITNESS TELLS TRUTH COMMISSION OF TORTURE, HUSBAND'S `SUICIDE'
A former secretary to slain black-consciousness leader Steve Biko on Monday
told the Truth and Reconciliation Commission she had been
Forwarded message:
Date: Wed, 17 Apr 1996 05:39:58 -0600
From: Wayne Marr [EMAIL PROTECTED]
Subject: Labor Abstracts -- Edited by Michael Gibbs and Edward Lazear
Sender: Forum on Labor in the Global Economy [EMAIL PROTECTED]
Reply-to: Forum on Labor in the Global Economy [EMAIL PROTECTED]
Here's the quote from Keynes that I so cryptically referred to:
"Speculators may do no harm as bubbles on a steady stream of
enterprise. But the position is serious when enterprise becomes
the bubble on a whirlpool of speculation. When the capital
development of the country becomes a
To Douggy (doing my Don Adolfo imitation!):
Well, if you keep insisting that the essence of
JMK's GT is the determination of real capital investment
by what goes on in the stock market, I would say that you
are stretching things a bit. Having checked it over again
(got my GT out of the shop
who is don adolfo? pardon my ignorance.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 916-898-5321
E-Mail [EMAIL PROTECTED]
Science Society is in its 60th year of continuous publication, making
it the longest-standing (we think) Marxist journal anywhere in the world.
We are having a 60th Birthday Celebration, on Saturday, May 4, at
the Brecht Forum in New York. At 4 p.m., a panel discussion: "How Does
BTW, if I were to become infused with the spirit of Don Adolfo,
I would immediately declare victory in the sectsual wars and call
everyone on the list not agreeing with me utterly a "new fascist."
Wow! :-)
Barkley Rosser
To be more precise, you would call everyone else a "fake
Just a quick addition to a thread that even the ubiquitous Mr. Henwood
must by now admit to be less than anemic. Doug's points about my
post are well taken. The work that many people in the PK/RPE crowd have
done on redlining, access to credit for women and minority-owned firms,
etc., is on
Apologies to this list for bringing up inside
jokes from other lists, but Doug started it. Just to explain:
Adolfo Olaechea is an avid supporter of the PCP
(Communist Party of Peru, aka "Sendero Luminoso" or "Shining
Path") who is currently living in London. He recently triggered
the
There is a discussion of these issues in chapters 3 and 4 (especially 4) of
Margaret Blair's new book OWNERSHIP AND CONTROL (which I strongly recommend).
Blair supports the view that equity price movements do not have a harmful
effect on visible firm performance -- spending on RD etc. She does,
In the following passage Chris Freeman attempts to recover Keynes' earlier
emphasis on the role of technology in generating new investment. He argues
that this insight was lost to Keynes and Keynesians over time.
"In this *Treatise of Money* in 1930, Keynes actually *did* acknowledge the
role
Sender: [EMAIL PROTECTED]
Reply-To: [EMAIL PROTECTED]
Precedence: Bulk
Date: Wed, 17 Apr 1996 12:09:06 -0400 (EDT)
From: Geoffrey F Sauer [EMAIL PROTECTED]
Subject: from Friday's _Chronicle of Higher Education_
From _The Chronicle of Higher Education_
April 19, 1996
page A14
A
At 1:32 PM 4/17/96, Michael Perelman wrote:
who is don adolfo? pardon my ignorance.
Don Adolfo is a Peruvian aristocrat, exiled in London for the last 20
years, who is a passionate supporter of Stalin, the Communist Party of
Peru, and Shining Path, who has been working his charms on the
Rakesh has brought in a note that amplifies the point Doug made,
and I seconded, about the importance of credit allocation as well as
credit volumes and transactions in [primary and secondary] markets.
It matters greatly who gets access to capital when. This is one of
the key insights,
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