At 05:04 13/03/98 -0500, Rakesh Bhandari wrote:
Ajit, I can understand why depressed conditions would leave insufficient
market room for all competitors, but I am not certain why technical change
itself would threaten "backward" firms. Since the creditors of those firms
presumably wouldn't want
BLS DAILY REPORT, FRIDAY, MARCH 13, 1998
TODAY'S NEWS RELEASE: The Producer Price Index for Finished Goods
declined 0.1 percent in February, seasonally adjusted. This decline
followed decreases of 0.7 percent in January and 0.2 percent in
December. The index for finished goods other than
At 11:44 PM 3/13/98 -0500, Doug Henwood wrote:
The Yale Alumni Magazine reports that its radio station, WYBC, is going to
drop the hipster college radio format for "rhythmic contemporary hits."
Though student-run it is advertiser-sponsored. It also put in a bid on a
bankrupt New Haven AM station
In a message dated 98-03-14 06:26:38 EST, you write:
Short-term bobs in interest rates aren't the same thing as long-term
trends.
The data I cited was for long-term rates.
Hey folks,
I like the discussion, but try to pay attention to one another:
Long-term RATES are different from
What happens when you factor in the social wage, eg. health care, housing
subsidies, transportation costs, etc?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 916-898-5321
E-Mail [EMAIL PROTECTED]
Journal of Commerce
Friday, March 6, 1998
Clinton faces constitutional battle over Myanmar sanctions
A pending suit against a Massachusetts sanctions law may force the Clinton
administration, which has played both sides of the issue, to take a stand
against such independent actions by states.
This isn't a debate WITh Dennis so much as a debate ABOUT mistaken views of the
world-system. Yes, I agree entirely. The system is unified. And
financial-imperial hegemony rules. That's more or less my whole point.
Mark
James Devine wrote:
I haven't been able to dedicate enough attention to
José Carlos Mariátegui believed that the key to the Peruvian Indian
question in the 1920s was land ownership. In Peru, Chiapas or Wounded Knee,
this issue is fundamental for indigenous peoples. Capitalism has driven
them from ancestral lands in order to exploit minerals, soil and water for
naked
On Mon, 16 Mar 1998, Mark Jones wrote:
I have been looking at the way the stats were massaged by the Tories,
and yes, you can add maybe three points to the UK rate.
Nevertheless today the UK unemployment rate is 5-8 percentage points
below the German and 6-9 points below the French.
Doug Henwood wrote:
One of my reservations about the PPP technique is that I'm convinced that
the IMF and such use it to make global comparisons less embarrassing.
Zimbabwe's PPP at $2,030 sounds a lot better than its cash income at $540
(World Bank figures). Even so, Zim's PPP income was
In a message dated 98-03-16 15:05:29 EST, you write:
Of course, the social market economy,
like
all the social-democratic fantasies which Dennis seems to share, are
forms of accommodation by corrupted proletariats to big capital, and
are
therefore obstacles to achieving socialism and nto
Congress Daily
Thursday, March 12, 1998
TRADE
Crane Defends Describing African Countries As `Retards'
ÿ On the day he shepherded an Africa free trade bill through the House,
Ways and Means Trade Subcommittee Chairman Philip Crane, R-Ill., ran into
controversy Wednesday when it was
Some posts of mine are slow getting thru, but I've already now
commented at
length on the PPP question. However:
Dennis R Redmond wrote:
As Doug's post pointed out, the market GDP of Germany is, in per capita
terms, indeed much higher than that of the UK.
Less than $3k pa is so marginal as
Michael Perelman wrote:
What happens when you factor in the social wage, eg. health care, housing
subsidies, transportation costs, etc?
--
Michael, if you mean do they count in PPP GDP per capita? They do.
Mark
Jay Hecht wrote:
I have a good friend who used to be the manger at WPUB (Princeton's station)
which went "commerical" in the late-1980s.
Jesus. I thought that college radio was a last refuge from commercial crap.
Even that refuge is disappearing. Thank god for WFMU!
BTW, are the income and net
Rakesh Bhandari wrote:
In terms of those figures does the Japanese GDP per capita income on the
basis of PPP remain almost 20% lower than the US?
Yes. US at $26,438, Japan at $21,795.
At any rate, it is a bit
obscene that the focus remains almost solely on such comparisons within the
imperial
I haven't been able to dedicate enough attention to the Big Debate between
Mark and Dennis on the issue of the Anglo-Saxons vs. the ex-Axis powers to
be fair to either side. But I think that if globalization means anything we
have to think about the system as unified.
Could it be that the
On Sun, 15 Mar 1998, Mark Jones wrote:
The CIA world factbook (1995 figs which do not reflect recent devaluation
of the DM, appreciation of sterling) tells the following story:
GDP:
Germany: purchasing power parity - $1.4522 trillion (1995 est.)
western: purchasing power parity - $1.3318
G'day Mark,
And as for Anglo-Saxon regulation models, ever thought about the game of
cricket? English common-law, fair-play and civilised discourse, a
feature of the British national accommodation since the Normans crashed
against the Anglo-Saxon comitates in Ivanhoe, is the true cultural
DM1880.2 bn does not equal = $1106bn but $1044 bn, as
the bottom line says. If anyone has a spreadsheet with the exact
currency spot rates, I should be interested to see a more refined
calculation. But the essential point remains: after 17 years of
Thatcherite 'restructuring', UK pc incomes are
On points raised by Doug Henwood and Dennis Redmond:
the IMF Dec 1997 World Outlook says inter alia that the UK unemployment
rate at end-96 was 5% and the FRG rate 12%.
I have been looking at the way the stats were massaged by the Tories,
and yes, you can add maybe three points to the UK
21 matches
Mail list logo
