Re: absurd (fwd)

1998-03-18 Thread Rakesh Bhandari
forwarded by Michael Hoover IBM's board of directors thanked chairman and CEO Louis Gerstner for restoring Wall Street's faith in the company with a $4.5 million bonus and stock options in 1997 What has that well paid accountant done to the R and D budget? I need to read Veblen's The

Pinchet bad for Chilean Economy

1998-03-18 Thread Thomas Kruse
Some say Pinochet wasn't good for Chile's economy Wednesday, March 18, 1998, Miami Herald By KATHERINE ELLISON Herald Foreign Staff SANTIAGO, Chile -- Like a modern Mussolini, Chile's former military ruler Gen. Augusto Pinochet has defenders, here and abroad, who excuse his brutal governing

Griliches Poverty

1998-03-18 Thread Jay Hecht
Here's an interesting twist: Zvi vs a FRB Economist, with Zvi claiming no U-Turn in poverty rates (based on consumption, not income) and the Fed guy responding that while not as "bad" as census is reporting, poverty has been trending upward (possibly). ZG concludes we have won the war on

Re: Pie in the Sky

1998-03-18 Thread Doug Henwood
Dennis R Redmond wrote: My theory is, the bigger the speculative bubble (and Dow 8700 at a time when every corporation on the block, from Nike to Compaq, is reporting sluggish earnings and falling profit margins, surely qualifies as the most stupendous mania since the South Sea Bubble) the more

PPP and PQLI

1998-03-18 Thread paltesman
Jim, You identify GDP measures with exchange value and HDI (PQLI) with use value. I think this captures the spirit of the distinction, but is not actually correct. HDI is an effort to capture *social outcomes* by indexing health and education measures (it is flawed, because it includes GDP/PPP

Re: Late capitalism?

1998-03-18 Thread valis
From: "Carl H.A. Dassbach" [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: Late capitalism? Date: Wed, 18 Mar 1998 11:24:01 -0500 Some may recall that Mandel, writing in the 1970's, characterized the period since the end of World War II as "Late Capitalism." I was wondering if this is

ECONOMICS FOR PHYSICISTS AND MATHEMATICIANS

1998-03-18 Thread Dale Tussing
Some progressive friends of mine in the Physics Department here at Syracuse passed on to me an inquiry from friends of theirs in Trieste. Someone has organized a 4-week course at the International Centre for Theoretical Physics in Trieste, under the title "School on the Mathematics of Economics,"

Re: social-democratic illusions/ was UK Decay

1998-03-18 Thread Wojtek Sokolowski
At 07:44 PM 3/17/98 +, Mark Jones wrote: You need a long spoon to sup with the IBRD, it's true. However, propaganda which relies upon publicly abandoning the most significant indicator of market-driven progress is pretty double-edged. It's tacitly abandoning the capitalist dream

BLS Daily Report

1998-03-18 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, MARCH 17, 1998 Predicting a "major hit" from the Asian financial crisis, the nation's top manufacturing lobby said its members expect a significant slowdown in U.S. export sales this year, as well as slower economic growth overall. The National Association of

Re: Marxism and the Indians of Peru, part 2 of 3

1998-03-18 Thread Ricardo Duchesne
Date sent: Tue, 17 Mar 1998 19:50:18 + Send reply to: [EMAIL PROTECTED] From: Mark Jones [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject:Re: Marxism and the Indians of Peru, part 2 of 3 Unfortunately the Latin American Left has lost its bearings --