Gene writes:
How do you adjust for the change in capital
in telecom companies, before and after the
melt-down? What's the denominator?
World Com
Global Crossing
etc.
Sabri adds:
Hey, it is easy.
Look, let there be two times (Did I sound God-like
here?), and label them
At 18/04/02 12:35 +0200, RK wrote:
The exchange value of currencies is the measure of the relative organic
composition of capital. Chris Burford
I suppose that everybody had understood the sentence this way. There is
something true in this sentence, but it does not make a Marxian
If I might muck this discussion up a bit (please read it and then go back to
what you were doing if it has no use).
A lot of money is made and lost trading money, so I got curious just what
theoretical assumptions the people speculating on exchange rates operate
under (goodness the things you
Although I think politically we share a dislike of US dollar hegemony, I
do
not quite find the reference you imply. Could you please quote the
sentence? Am I looking in the wrong part of Section 2 - the first part
only -?
The quotes I used are from Dietz's German edition. As for the one
-Original Message-
From: Louis Proyect [mailto:[EMAIL PROTECTED]]
Sent: 18 April 2002 19:45
To: [EMAIL PROTECTED]
Subject: [PEN-L:25116] Re: RE: Profit Rates -- From Michael Yates
What do you meant that poor countries accrue interest liabilities that they
don't pay? I was under the
http://www.clamormagazine.org/issue13.3_feature.html
Mentioned in the Chron. of Higher Ed.
Michael Puggliese
Ratios of inward and outward FDI stock to GDP, and FDI flows to gross fixed
capital formation are tabulated for most countries in the various World
Investment Reports of UNCTAD. They also calculate a transnationality index of
FDI host countries, which averages the four shares: FDI flows (as a
On Fri, 19 Apr 2002 10:48:16 +0100, Davies, Daniel wrote:
I take your point here (that is, if I understand
you correctly as saying that we' re talking
about imperialism rather than poverty per se
here). But would you have said the same thing
about Spain twenty years ago?
No. Spain had a rather
On Sat, 20 Apr 2002 00:37:28 +1200, Bill Rosenberg wrote:
It's difficult to say what profit figures would
show. The ability of TNCs to transfer their
profits from one country another for tax,
political or internal reasons must make the
profit attributed to their operations in any one
country
LP:
But I wouldn't compare what happened in Australia to what happened to
Nicaragua, however. The USA could have lived with a Labor government in
Australia. It was on the other hand ready to break laws and risk a
constitutional crisis to topple a government that it feared would become
another
On Fri, 19 Apr 2002 22:46:00 +0900, Charles Jannuzi wrote:
US policies toward New Zealand came damn close
when NZ objected to US ships not confirming
whether or not they carried nukes in NZ waters
and harbors.
In the case of Australia, the US has taken the
place of GB as key 'military ally' and
Prison monopoly threatens Michigan jobs
http://detnews.com/2002/editorial/0204/16/a13-466062.htm
Tuesday, April 16, 2002
By Lawrence W. Reed / Special to The Detroit News
Imagine a company that pays its workers as little as 25 cents an hour and
often charges more for its goods than any of
The CIA in Australia, Part 1
... and individuals in Australia. Today, in part 1 ... operations against the
Whitlam government
through the ... for covert actions. Covert Action often means the ...
http://www.serendipity.magnet.ch/cia/cia_oz/cia_oz1.htm - 24k - Cached -
Similar pages
The CIA in
To be fair, although there are known serious problems with depreciation, the
WorldCom and Global Crossing affaires aren't really relevant to the
statistics Doug quoted. The assets of WorldCom and Global Crossing are
worth exactly what they were worth before the meltdown, as stock market
LP:
Perhaps we have a different definition of imperialism. I don't regard
US bullying and imperialism as the same thing. Switzerland and Sweden
have never bullied anybody in recent years, but they are imperialist
powers. US imperialism rules the roost, but it has junior partners
including
April 5, 1998
THE SWISS, THE GOLD, AND THE DEAD
By Jean Ziegler.
Translated by John Brownjohn.
322 pp. New York:
Harcourt Brace Company. $27.
(Review)
Gnomes and Nazis
An account of Switzerland's role in financing Germany's war machine.
By PETER GROSE
(Peter Grose, a research fellow at
Daniel Davies writes: The assets of WorldCom and Global Crossing are
worth exactly what they were worth before the meltdown, as stock market
movements don't mean much to cables in the ground. The fact that the
stock market's assessment of the future excess returns to be earned from
renting out
US foreign investment
by Doug Henwood
18 April 2002 19:43 UTC
Doug:
It's widely believed that foreign investment is largely about chasing
low wages. But most FDI is targeted at high-income countries. It's
also widely believed that imperial investment is the source of
superprofits that
Louis P. pointed out that shoe production in SE Asia for western companies
is often done through subcontractors. Bata Shoes has production and retail
worldwide and it tries to sell shoes locally based on the income of the avg.
worker so as to keep the shoes affordable. Everytime I go to Malaysia
Apologies for sending the quote before seeing the correction, and thanks
to Louis for pointing it out. At least I didn't send the one about
Spielberg making a movie on the Intifadah!
I would like to expand on what Daniel said. The problem with the BEA accounting
is that it presumes that depreciation follows a preset, regular pattern
regardless of changing economic conditions. In addition, the depreciation rates
apply to broad ranges of capital goods.
I do not doubt for a
gadalmightee, the on-line ads are getting obnoxious. Today, looking at the
on-line version of BUSINESS WEEK, I see this damn animation showing acrobats
doing tricks -- between my eyes and the text I wanted to read.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
I asked Doug Henwood a week or so ago if the Swedish system of
retraining workers still existed? He thought that it did. This article
seems to suggest that it might not.
Temporary Work in Turbulent Times: The Swedish Experience
BY: BERTIL HOLMLUND
Uppsala University
I've worked with BEA people in the past. A friend of mine in
Gov refers to them as righteous technicians. They are
resolutely without political bias in their work. All of their
procedures are vetted by panels of outside experts.
Without doubt, you can spot all sorts of problems in
their
Title: FW: Spielberg to direct feature based on Palestinian Uprising
Bogus, as far as I know. Sofor entertainment only.
Spielberg to direct feature based on Palestinian Uprising
April 16 2002 at 12:47 AM
The Hollywood Reporter (no login)
Spielberg to direct feature based on
A cheap program, Adsubtract, eliminates all the adds. Very efficient.
On Fri, Apr 19, 2002 at 08:41:14AM -0700, Devine, James wrote:
gadalmightee, the on-line ads are getting obnoxious. Today, looking at the
on-line version of BUSINESS WEEK, I see this damn animation showing acrobats
doing
Argentina, Australia and Canada (and US foreign investment)
by Bill Rosenberg
-clip-
Nice synthesis of these threads, Bill.
Profits aside, two features of FDI which seem to clearly differentiate developed
and developing countries (in the context of the US foreign investment thread,
imperial
www.sfgate.com Return to regular view
BEYOND THE BANNER
New online ads float, flash and can't be clicked off
Verne Kopytoff, Chronicle Staff Writer
Tuesday, April 2, 2002
©2002 San Francisco Chronicle
URL: http://www.sfgate.com/cgi-bin/article.cgi?
I've worked with BEA people in the past. A friend of mine in
Gov refers to them as righteous technicians. They are
resolutely without political bias in their work. All of their
procedures are vetted by panels of outside experts.
one problem is that these outside experts are often
This one Im pretty sure about:
Everybody has to move, run and grab as many (Palestinian) hilltops as they can
to enlarge the (Jewish) settlements because everything we take now will stay
ours...Everything we don't grab will go to them.
-
Ariel Sharon, Israeli Foreign Minister,
Doug writes:
Gee, better contact the folks at the Bureau of Economic
Analysis. I bet they never thought of this!
In fact, I'm sure they've never thought of many of
the objections brought up on PEN-L over the last several
days. They are, after all, just a bunch of third-rate
public sector
Gulf press blasts US
Dubai
April 19 2002
Gulf and Iraqi newspapers lashed out at the United States yesterday
following Secretary of State Colin Powell's failure to force Israel to pull
out of Palestinian territories it has reoccupied, charging that Washington
was in cahoots with the Jewish
I think you missed Doug's sarcasm, or I have missed
his seriousness.
the public sector people are quite well educated. sometimes
they are given things to do that are impossible to do well.
but they still have to do them. they are not paid as well as
some in the private sector, but you would be
Max wrote,
Without doubt, you can spot all sorts of problems in
their work. But I would be willing to bet that you would
not be able to arrive at a better way of doing it, given
the same resources and data that are available to them.
I generally agree with this claim.
One of the main problems
Max wrote:
I think you missed Doug's sarcasm, or
I have missed his seriousness.
the public sector people are quite well educated.
sometimes they are given things to do that are
impossible to do well. but they still have to do them.
they are not paid as well as some in the private sector,
BUREAU OF LABOR STATISTICS, DAILY REPORT, THURSDAY, APRIL 18, 2002:
RELEASED TODAY: In May 2001, about 29 million full-time wage and salary
workers had flexible work schedules that allowed them to vary the time they
began or ended work, the Bureau of Labor Statistics reports. The proportion
of
( eCLEANER got rid of the )
tapes from 2002 Socialist Scholars Conference
From: Mark Pavlick ([EMAIL PROTECTED])
Date: Fri Apr 19 2002 - 11:33:30 EDT
Next message: Michael Pugliese: Re: Hardliners turn against Putin the
reformer
Previous message: pms: Bullish on the Euro
Messages sorted by: [
RELEASED TODAY: Regional and state unemployment rates were generally stable
in March, but were higher than a year earlier. All four regions reported
little or no change form February, and 43 states recorded shifts of 0.3
percentage point or less, the Bureau of Labor statistics reported today. The
Grant wrote:
country inward FDI stock/GDPoutward FDI stock/GDP
Canada 23.9% 26.9%
Australia 28.117.1
UK 23.335.9
France 11.715.9
Singapore 85.8
Pakistan: Kidnapped Nation
http://www.fortune.com/indexw.jhtml?channel=artcol.jhtmldoc_id=207350
_
Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp.
Taubman gets VIP allies in bid for leniency
U.S. Probation Office joins Gerald Ford, Henry Kissinger in opposing prison term
By Francis X. Donnelly / The Detroit News
http://www.detroitnews.com/2002/business/0204/19/a01-469409.htm
Taubman sentence
Citing his age and declining health, the U.S.
First of all, except from a few occasions, I have not dealt with
government agencies producing statistical information here in the
US. On the other hand, I have some friends who worked at The
State Planning Agency of Turkey, The Turkish State Statistics
Organization (my translations) and the
Max Sawicky wrote:
I've worked with BEA people in the past. A friend of mine in
Gov refers to them as righteous technicians. They are
resolutely without political bias in their work. All of their
procedures are vetted by panels of outside experts.
I've talked with scores of BEA and other USG
Davies, Daniel wrote:
To be fair, although there are known serious problems with depreciation, the
WorldCom and Global Crossing affaires aren't really relevant to the
statistics Doug quoted. The assets of WorldCom and Global Crossing are
worth exactly what they were worth before the meltdown,
The other was his as well. Oz is lying to cover up so
he pinned it on the dead man.
--- Forstater, Mathew [EMAIL PROTECTED] wrote:
This one I'm pretty sure about:
Everybody has to move, run and grab as many
(Palestinian) hilltops as
they can to enlarge the (Jewish) settlements because
But they've always struck me as serious, honest
people who are completely aware of the strengths
and limits of their work, and are very open about
it. They deserve more respect than they get from
lots of lefties.
Doug
Doug,
I don't think anyone on this list would think that I am an
The other was his as well. Oz is lying to cover up so
he pinned it on the dead man.
how do you know?
don't you think there is enough to indict Sharon with,
even without the quote?
mbs
The other was his [Sharon's] as well. Oz is lying to cover up so
he pinned it on the dead man.
how do you know?
don't you think there is enough to indict Sharon with,
even without the quote?
mbs
also, it's hard to imagine that Sharon would be self-conscious enough to say
what he
Sabri wrote,
And I worked at money management
firms and other firms that provide analytics to them.
... But, there are those who are dishonest liars. I know it.
I have worked with them.
In my experience private sector data producers--particularly those in the
financial sector--sometimes
But, there are those who are dishonest liars.
I know it. I have worked with them.
Sabri
Here is one more thing:
I don't think Max can become the President of the US, nor can
you, nor Jim Devine, nor Michael Perelman, nor Louis Proyect.
Because you are too honest, my friends, too honest!..
Didn't Merrill-Lynch financial advisors recently get in trouble for selling
info that was inaccurate -- but helped the investment-banking side of the
business?
JD
Eric writes:
In my experience private sector data producers--particularly
those in the financial sector--sometimes produce a
Jim wrote,
Didn't Merrill-Lynch financial advisors recently get in trouble
for selling
info that was inaccurate -- but helped the investment-banking side of the
business?
I know the LA Times has covered this at least twice a week or so ago, but I
haven't see much in the WSJ about it.
Eric
.
H-NET BOOK REVIEW
Published by H-Business and [EMAIL PROTECTED] (April, 2002)
Robert H. Nelson. _Economics as Religion: From Samuelson to Chicago
and Beyond_. University Park: Pennsylvania State University Press,
2001. xxvi + 378 pp. Index. $35.00 (cloth), ISBN 0-271-02095-4.
Reviewed for
a la michael pugliese ;-):
-
http://www.usatoday.com/money/finance/2002-04-19-merrill.htm
No quick deal likely in Merrill Lynch case
By Thor Valdmanis, USA TODAY
NEW YORK -- The dark cloud hanging over the securities industry just got
darker.
Hopes of quickly achieving a final
The WSJ has pretty much dropped the ball on the MS investigation. The most they've
done is dribble stuff like below out a little at a time. I actually am surprised at
this--they are generally more conscientious and interesting about stuff like this.
AG's Probe Against Merrill Muddies
Doug, Gee, Solow and Samuelson never thought of it either, when defending the
idea of the production function. Luckily they had Joan Robinson to call it to
their attention.
But you and I are talking about different profit rates, as Daniel Davies has just
pointed out.
Gene Coyle
Doug Henwood
At 19/04/02 11:02 +0200, RK wrote:
This is not a theorem from Marx nor from Engels, but of mine. I have
demonstrated it in a paper that is published on irép's website, the title of
which is Asymmetry and Accumulation, or World System's Entropy. The rates
of change are not exclusively linked to
Hostile article in the Telegraph shows the extent to which New Labour's
Gordon Brown has been extending tax credits so that almost 1/3 of the UK
population are on some sort of benefit.
Among the advantages to him of tax credits are
1) the burden of administration falls on the employer and the
With the Chair of the Intergovernmental Panel on Climate Change falling to
White House atack yesterday, and the Chair of the International Inspection
Agency on Chemical Weapons about to fall, the IMF Managing Director, Horst
Koehler, knew how to sing for his supper this week.
According to an
Cowards are often bullies
Speaking before the start Saturday of the semiannual meetings of the IMF
and World Bank, where economic turmoil in Argentina is expected to be a
major issue, Koehler said he was deeply concerned about the developments
in Argentina and, in particular, the social
How is this for an argument designed to ingratiate with the existing
dominant powers, and perpetuate, and intensify such inequality.
Koehler said Europe's leaders should stop
being content with growth rates of 2 percent to 2.5 percent and raise the
potential to 2.5 percent to 3 percent, which
Far Eastern Economic Review
Issue cover-dated April 25, 2002
VIETNAM
Cash Carry
An international wholesale chain is welcomed to Ho Chi Minh City. But will
it thrive?
By Margot Cohen/HO CHI MINH CITY
Issue cover-dated April 25, 2002
FOREIGN INVESTMENTS OF $120 million don't come bouncing
Tollison has written extensively about the Catholic church as a monopoly
in the market for salvation. He is very conservative (of the Austrian
variety) and so would not be sympathetic to the book. That he was as
positive as he was suggests that the book might be good.
--
Michael Perelman
Doesn't Koehler have this backwards? If Europe's production
is growing faster, Europe needs more opportunities to sell its goods in
Argentina. That means more loans from the IMF, doesn't it?
Gene
Chris Burford wrote:
How is this for an argument designed to ingratiate with the existing
dominant
Didn't Merrill-Lynch financial advisors
recently get in trouble for selling
info that was inaccurate -- but helped
the investment-banking side of the
business?
JD
Well Jim, don't get me started. What is going on there is very
sad, to say the least, very sad. I used to like the number 5 a
Top Financial News
04/19 19:44
Argentina Closes Banks Indefinitely to Block Deposits (Update4)
By David Plumb
Buenos Aires, April 19 (Bloomberg) -- Argentina closed banks
indefinitely in an effort to block a rising outflow of deposits.
Central Bank Vice President Aldo Pignanelli told the
From: Louis Proyect [EMAIL PROTECTED]
To: m [EMAIL PROTECTED], pen-l pen-
[EMAIL PROTECTED]
Date sent: Fri, 19 Apr 2002 18:16:51 -0400
Subject:[PEN-L:25197] Economics as religion
Send reply to: [EMAIL PROTECTED]
At times
I don't know if you realized that, but I set my home page to
Bloomberg some years ago. Note the words interest, taxes,
depreciation and amortization down below. You progressive
economists must be on to something.
See you next week.
Best from your mathematician friend,
Sabri
Top
68 matches
Mail list logo
