Hi all,
maybe it could be a silly question but I was
wondering if the neo keynesian theory and the neoclassical synthesis are similar
school of thought. Are not they ?
Thanks in advance
Galapagos
A Wave of Jews Returning to Russia
By Anatoly Medetsky
Staff Writer
Vladimir Filonov / MT
As the Iron Curtain began to fall, Igor Dzhadan left
the Soviet Union with his family, bound for Israel and
a longforbidden opportunity.
Dzhadan was luckier than most of the 11,000 Soviet
doctors who
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The Marxism list: www.marxmail.org
--- Devine, James [EMAIL PROTECTED] wrote:
He liked the fact that Soviet children wore uniforms,
etc. Oh, my back!)
---
Most people in Russia want to bring that back on a
voluntary basis. Personally I find Young Pioneer
uniforms to be adorable.
__
Do you Yahoo!?
Carrol Cox wrote:
I don't think estimates of total wealth tell one much. What counts for
your purposes is the flow of material goods and services available at any
given moment. Or perhaps the productive capacity if everyone were employed,
but I doubt anyone could make even a wild estimate of that.
Economists never get together at conventions to standardize naming conventions, but in
the vernacular there's sort of a family relationship between the neoclassical
synthesis, neo Keynesianism, and new Keynesianism.
the neoclassical synthesis arose after WW2, with Paul Samuelson: the idea was
Julio H wrote:
I cannot make an educated guess about net global income, so I'll just say
it's 30 trillion USD. Global capital can be now treated as an annuity,
which is very convenient because its present value formula is net income
flow/r. To calculate the present value, we discount net income
In one of the last paragraphs of my previous posting, I wrote:
Say, the labor force will grow at 4% per year in the future and per-capita
income at 1%.
I meant:
Say, the POPULATION will grow at 4% per year in the future and per-capita
income at 1%. Doug's figure is per capita, not per worker.
From the Putinoid press, owned by Boris Berezovsky.
BBC Monitoring
Russian left-wingers' linkup seen as step towards
manageable opposition
Source: Kommersant, Moscow, in Russian 3 Aug 04
The Motherland faction has announced its plans to
coordinate its actions
with the Communists in the Duma. The
$1.9 Billion of Iraq's Money Goes to U.S. Contractors
By Ariana Eunjung Cha
Washington Post Staff Writer
Wednesday, August 4, 2004; Page A01
Halliburton Co. and other U.S. contractors are being paid at least $1.9
billion from Iraqi funds under an arrangement set by the U.S.-led occupation
I'm glad that someone still remembers the CCC.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
From: Daniel DaviesSurely this is the entire problem at the heart of the Cambridge CapitalControversy; you can't work out what the total amount of capital is withoutmaking an
Daniel Davies wrote:
Surely this is the entire problem at the heart of the Cambridge Capital
Controversy; you can't work out what the total amount of capital is without
making an assumption about the rate of profit and vice versa.
You caught me! Yes, you're absolutely right. My exercise is
Sorry if this has already been quoted.
...when the limited bourgeois form is stripped away, what is wealth
other than the universality of individual needs, capacities, pleasures,
productive forces, etc., created through universal exchange? ... The
absolute working-out of his creative
Julio Huato wrote:
Say, the labor force will grow at 4% per year in the future and per-capita
income at 1%. Then, the next best alternative is expanding global net
income at a rate of 5% per year. This growth rate is assumed constant
(since there's no risk, no volatility). So that's the global
Daniel Davies wrote:
Surely this is the entire problem at the heart of the Cambridge Capital
Controversy; you can't work out what the total amount of capital is without
making an assumption about the rate of profit and vice versa.
Yeah, but nobody cares about that anymore. It was an obsession of
Right, they should teach that marginal productivity theory created economic justice
because
everybody got rewarded according to their marginal product. Sraffa proved that it was
BS.
Samuelson and others attempted to refute him, but were unsuccessful. Solow said that
it
was a tempest in a
Of course, the current thinking is that it is human capital that is responsible for
most of
the productivity. Has anybody made a recent estimate of the aggregate human capital?
On Wed, Aug 04, 2004 at 12:06:08PM -0400, Doug Henwood wrote:
Another approach. According to the BEA, the value of
Wow . Thanks Julio. I have to study your calculation more to understand it.
What are the parts of this whole ? Like Max's Brooklyn Bridge. What
proportion is fictional (?) capital ? What proportion is owned by the
wealthiest individuals ?
by Julio Huato
I'm not sure I understand your
I don't have the next thought wellformed, but don't the wealthiest people
have to guarantee that they own a certain portion of the total wealth/social
capital in order that it be capital with capital power ? If the bottom
6.28 billion people had a larger portion of the total, they could live
- Original Message -
From: Devine, James [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Wednesday, August 04, 2004 4:04 PM
Subject: Re: [PEN-L] Neokeynesian-Neoclassical synthesis
the neoclassical synthesis arose after WW2, with Paul Samuelson: the idea
was that the government and the
Galapagos (who proves that no man is an island) writes:
thanks for your reply.it's a pleasure. Finally,
I have understood that both neo Keynesians and new Keynesians have a
kind of common roots in the neoclassical synthesis. Could they be
considered a kind of evolution of the neoclassical
From MS
SLATE, Today's Papers (Aug. 4, 2004):
The
[Wall Street]Journal goes high with word the Kerry campaign's
impending release of endorsements from 200 big businessmen. Many of them
supported President Bush in 2000. "George is a really good guy personally," said
one. "He had an
The Manchurian Candidate: The Return of the Repressed (If
Fahrenheit 9/11 is a perfect filmic expression of the Anybody But
Bush ideology of liberal intellectuals, The Manchurian Candidate
unexpectedly -- despite the intentions of its creators -- serves as a
cinematic vehicle for the return of the
The BSers of the world have united. The revolutionary result is mainstream
economics..
Cheers, Ken Hanly
- Original Message -
From: Michael Perelman [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Wednesday, August 04, 2004 11:38 AM
Subject: Re: [PEN-L] What is the total wealth ?
Imam in Virgin Mary Drag in the Green Zone:
http://montages.blogspot.com/2004/08/imam-in-virgin-mary-drag-in-green-zone.html.
it is surprising what a man can understand when his pocketbook depends on
him not understanding it, or some such.
dd
-Original Message-
From: PEN-L list [mailto:[EMAIL PROTECTED] Behalf Of Michael
Perelman
Sent: 04 August 2004 17:38
To: [EMAIL PROTECTED]
Subject: Re: What is the total
it's interesting that in the Manchurian Candidate, neither a George Bush nor a Dick
Cheney character appears. On the other hand, there's an evil senator who reminded me
of Hillary Rodham Clinton and her son, who seemed vaguely like John Kerry because of
the whole emphasis on his war-heroic
ken hanly wrote:
The BSers of the world have united. The revolutionary result is mainstream
economics..
For many years I taught a course in ancient (greek) literature in
translation -- including the Odyssey and the Oresteia. One of the
problems was convincing the students that, yes, Homer (the
Now here's something you don't see everyday. Olympian, long-wave,
crypto-Hegelian, world-systems arguments for voting Kerry.
http://fbc.binghamton.edu/142en.htm
--
Marxism list: www.marxmail.org
From Capitol Hill Blue
Bush Leagues
Bush Using Drugs to Control Depression, Erratic Behavior
By TERESA HAMPTON
Editor, Capitol Hill Blue
Jul 28, 2004, 08:09
http://www.capitolhillblue.com/artman/publish/article_4921.shtml
President George W. Bush is taking powerful anti-depressant drugs to
Robert Naiman wrote:
From Capitol Hill Blue
Bush Leagues
Bush Using Drugs to Control Depression, Erratic Behavior
By TERESA HAMPTON
Editor, Capitol Hill Blue
Jul 28, 2004, 08:09
http://www.capitolhillblue.com/artman/publish/article_4921.shtml
President George W. Bush is taking powerful
Joyful gospel songs?
Cheers, Ken Hanly
- Original Message -
From: Carrol Cox [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Wednesday, August 04, 2004 7:23 PM
Subject: Re: [PEN-L] Bush Using Drugs to Control Depression, Erratic
Behavior
Robert Naiman wrote:
From Capitol Hill
Carrol Cox wrote:
What in the hell would a weak anti-depressant drug be?
White wine spritzers?
Doug
ken hanly wrote:
Joyful gospel songs?
:-) Now that is really depressing.
As a friend of mine in the local Depressive Support Group once observed,
Just because you're crazy doesn't mean you're not also a jerk! There is
no difficulty in demonstrating that Bush and his friends are one large
On US NPR's "Day to Day" today, MS SLATE's Timothy Noah reported
that Fidel Castro talked about this ina recent speech, citing some of
the same sources. (Noah's point, however, was that he respected
Bush more than he respected Castro and that he wished that the
latter hadn't cited one of his
What in the hell would a weak anti-depressant drug be?
A Democrat for president?
Dan
Title: Message
I
actually think this kind of thing is wretched US bourgeois politics. The
author of Bush on the Couch is a liberal psychiatrist who has never had
Bush on the couch, never interviewed him, and has no deep and
directknowledge of his mental state except for his disagreement
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