It is important to hit the economy (of the United States), which is the
base of its military power...
http://news.bbc.co.uk/hi/english/world/middle_east/newsid_1729000/1729882.stm
It is not clear from the URL above which the BBC says is a transcript of
bin Laden's latest tape why there are
Concerning my notes that I posted on-line (at
http://bellarmine.lmu.edu/faculty/jdevine/FROP/sacramento.htm), Rakesh
writes:
1. you have confused changes in vcc with changes in occ.
I wrote: I don't care, since what's important is the change in K/Y
(the fixed capital-output ratio). It's
Concerning my notes that I posted on-line (at
http://bellarmine.lmu.edu/faculty/jdevine/FROP/sacramento.htm), Rakesh
writes:
1. you have confused changes in vcc with changes in occ.
I wrote: I don't care, since what's important is the change in K/Y (the
fixed capital-output ratio). It's
On Wednesday, December 26, 2001 at 16:02:18 (-0800) Michael Perelman writes:
Is it ever possible to the disprove market efficiency to the satisfaction
of a conservative economist?
I think this is too narrow a battle field. Market efficiency can be
defined in any number of ways, short-term,
BUREAU OF LABOR STATISTICS, DAILY REPORT, THURSDAY, JANUARY 27, 2001:
In 1997, a commission appointed by the Senate Finance Commission concluded
that the annual Consumer Price Index computed by the Bureau of Labor
Statistics was probably 1.1 percent too high, and perhaps even more. The
Boskin
I received the following question, the answer to which may be of interest:
I am having trouble understanding Marx's labor theory of value. Is it true
that prices reflect the law of value because prices tend in the long term to
stay a certain price for some time relativly interupted by laws of
Bill Burgess writes: Yes, I did find your talk interesting. Do you have any
similar numbers for other countries, or when you compare your trends for the
US with profit trends in other countries, what are the differences?
I don't have that data, though the OECD used to publish them. It's clearly
I received the following question, the answer to which may be of interest:
I am having trouble understanding Marx's labor theory of value. Is it true
that prices reflect the law of value because prices tend in the long term to
stay a certain price for some time relativly interupted by laws of
http://sg.news.yahoo.com/reuters/asia-80674.html
---
http://www.aljazeera.net/programs/no_limits/
text-translator site: http://tarjim.ajeeb.com/ajeeb/default.asp?lang=1
- Original Message -
From: Chris Burford [EMAIL PROTECTED]
To: [EMAIL
a student asked:
I am having trouble understanding Marx's labor theory of value. Is it true
that prices reflect the law of value because prices tend in the long term to
stay a certain price for some time relativly interupted by laws of supply
and demand ?(as Mandel says for example) From What i
Is there any thought that the US might compensate families of innocent
victims for their losses? It seems that Afghan allies lives are not equal to
those of US marines. Searching Tora Bora caves is apparently too dangerous
for US marines and is to be contracted out to locals for pay. They had
Greg Schofield wrote to Charles Brown:
Just these points alone demand a thorough rethink - what does not
cut any ice is simply labling things Imperialistic when there is no
current theory which takes these new aspects on board. You mentioned
the export of capital, no doubt it happens to some
At 28/12/01 11:38 -0500, you wrote:
http://sg.news.yahoo.com/reuters/asia-80674.html
Interestingly although this is described as the full Reuters transcript it
censors out the call to hit the economy of the US that at least occurs in
the BBC version in this form:-
It is important to hit
A U.S.-Canada Forest Fight
Tariff Dispute Causes Layoffs and Rancor
By DeNeen L. Brown
Washington Post Foreign Service
Friday, December 28, 2001; Page E01
VANCOUVER, B.C.
Thousands of logs float idly in rivers in British Columbia, where
sawmills have gone quiet, workers have been laid off and
Max Sawicky wrote:
The mere fact of a company failing,
even a large one, is not a market failure.
I'm away on an inter-holiday retreat, and only sporadically checking
email, so someone else may have made this point already. No free
marketeer would ever regard a big failure as an indictment of
Devine, James wrote:
Rakesh writes: Doug H and Fred M have both argued that spike of
profit rate (as conventionally measured) especially in the 90s was a
result influx of foreign capital, which reduced borrowing costs.
I missed this. I don't know what Doug and Fred argue here, but I
think
Rakesh Bhandari wrote:
michael pugliese wrote:
Yesterday on NPR it was said that 75,000 textile jobs have
been lost in the last yr.
lost due to national and global recession? loss of jobs that would
have been added if not for recession? lost due to automation? lost
to specifically
Rakesh Bhandari wrote:
An old nemesis who runs marxmail.org was kind enough to send this to
me this morning:
http://www.nytimes.com/2001/12/27/opinion/27BRAI.html
For no reason other than to stir up trouble, I presume.
Doug and Liza, have USAS said anything about all this yet? It's not
a
Aside from that, don't U.S. textile and apparel workers deserve some
sort of attention? My soundbite is protect the worker, not the job,
but I'd like to hear what you think should happen to disemployed
workers in this sector, who are disproportionally nonwhite and
female and generally
Devine, James wrote:
Rakesh writes: Doug H and Fred M have both argued that spike of
profit rate (as conventionally measured) especially in the 90s was
a result influx of foreign capital, which reduced borrowing costs.
I missed this. I don't know what Doug and Fred argue here, but I
think
Total employment, from the BLS establishment survey (thousands)
11/00 11/01 change
Textile mill products... 514447 - 67
Apparel and other textile products.. 611532 - 79
total textile
Note the argument that links Argentinian crisis to hollowing out of American
manufacturing.
-
International Perspective- by Marshall Auerback
AMERICA'S 'STRONG DOLLAR' POLICY AND ARGENTINA'S DEFAULT: A ROOT CAUSE THAT
DARE NOT SPEAK ITS NAME
28 December 2001
Rakesh, I have enjoyed your posts on pen-l and elesewhere, but it is
necessary that you avoid provocative, personal statements like this
On Fri, Dec 28, 2001 at 04:47:19PM -0800, Rakesh Bhandari wrote:
Doug, I have put a lot of thought in my previous attempts to answer
this question that
Jim, Unfortunately I missed your presentation here in Sacramento. I heard that you were great. I wonder if you could either post your notes on pen-l or send them to me. Thanks and Happy New Year, Joshua Bragg student at Marxist School of Sacramento - Original Message - From: Devine,
for the file on trade theory:
Utsa Patnaik in her E.M.S. Namboodiripad Memorial Lecture, which we
publish as the lead article in the current number of Social
Scientist, provides a powerful critique of Ricardo's proposition
along altogether novel lines, namely that Ricardo's example itself
What is her critique of Sen?
On Fri, Dec 28, 2001 at 07:33:05PM -0800, Rakesh Bhandari wrote:
for the file on trade theory:
Utsa Patnaik in her E.M.S. Namboodiripad Memorial Lecture, which we
publish as the lead article in the current number of Social
Scientist, provides a powerful
Title: Re: [PEN-L:21021] Re: Re: free trade CORRECTED YET
AGA
What is her critique of Sen?
she says in this piece that while agreeing
that the proximate cause of the great toll of the 1943 bengal famine
was wartime deficit financing, the ultimate cause was the
increased vulnerability which
Aside from that, don't U.S. textile and apparel workers deserve
some sort of attention?
that's not the question; they get attention embodied in protective
law. And, excuse me, is that a question at all or is it an
accusation? Are you implying that I (with that foreign born name
written on
Part of the question seems to be how do you organize in the absence of
international solidarity? In short, how do you make Cambodian wages move
up instead of US wages moving down? Wouldn't the center of gravity of a
competitive international wage be close to China?
The intellectually easy, but
Title: Re: [PEN-L:21021] Re: Re: free trade CORRECTED YET AGA
- Original Message -
From:
Rakesh
Bhandari
To: [EMAIL PROTECTED]
Sent: Friday, December 28, 2001 8:09
PM
Subject: [PEN-L:21022] Re: Re: Re: free
trade CORRECTED YET AGAIN
What is her critique
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