On Sat, 14 Mar 1998, Mark Jones wrote:
Between 1995 2nd qtr and 1997 2nd qtr (IMF figs) UK interest rates
remained at 108-110 basis points above German long-term rates. In
the same period the pound rose from an average 2.20 DM to peak at
3.04 DM. The Italian lira in the same period
In a message dated 98-03-14 05:06:03 EST, Dennis writes:
Also, for a country were half the population in the early Fifties lived in
non-urban areas, and where women were largely confined to familial jobs
and brutalized by fearfully medieval gender ideologies, this expansion of
the low-wage
Dennis wrote:
Markets can be pretty irrational, not just for
months but for years.
This is a cop-out. Markets are neither rational nor irrational. They exist and
what occurs is susceptible of explanation.
Short-term bobs in interest rates aren't the same thing as long-term trends.
The
Anthony D'costa wrote:
There is a strategy called mass customization. Also, those who do not
visit factories and see how things are made cannot appreciate the millions
of intermediate inputs that go into the final product but which we never
see. Doug makes the same mistake. There are lots of
Doug, here's a tip to save $45. Send the two Canadian checks by mail to a
friend in Canada and have her send back one Canadian check for the total.
Then you only have to pay the one $45 fee, plus the postage.
And follow up on Maggie's suggestion.
Gene Coyle
In a message dated 98-03-13
That said, it's true the power and glory of Sony and Mitsubishi was
(and is) built on the backs of rudely treated, miserably compensated and
frightfully overworked working women. Which is why, I suspect, that
the class politics of 21st century Japan are going to be the politics of
gender.
--
--
From: Philadsa
To: QuinnKM
Subject: Welfare Reform Forum Series
Date: Wednesday, March 11, 1998 10:06PM
WELFARE REFORM IN PENNSYLVANIA ONE YEAR LATER
begins
Monday, March 16, 5:00 p.m.
United Way Building
17th Ben Franklin Parkway
The Philadelphia branch of the American
In a message dated 98-03-14 11:56:56 EST, Doug writes:
I thought I was pretty unshockable, but a recent report from the U.S.
Bureau of Justice Statistics shocked me. Based on present incarceration
stats, a black male born today faces a 1 in 4 lifetime chance of doing
prison time. Prison,
In a message dated 98-03-14 13:06:44 EST, you write:
At 05:40 AM 3/14/98 EST, you wrote:
Maggie:
Certainly Germany is more unionized than the USA, but since the fall of
the
wall labor there has been under tremendous attack. As to Japan, the
benefits
accruing to labor have accrued
Doug raises an interesting question. He is being charged $45
dollars for each Canadian$ cheque he clears. Now, of course,
the cost of clearing those cheques (thanks to modern technology)
approaches zero. So someone is ripping him (and many others of
us) off. Why? And why do we accept it.
Valis,
It might help if I knew what SBF, n/s and n/d meant in
your post.
p/p
u/m
W/C
On Sat, 14 Mar 1998, Mark Jones wrote:
Germany is now a
balance of payments deficit country with high unemployment and low growth. The
UK by contrast recorded growth above trendline and a $6bn balance of payments
SURPLUS in 1997. The UK has the lowest unemployment rate in Europe and the
Does anyone have any comments on the idea that superior Japanese and
German, economic performance in so called high value added production vis
a vis the UK and US is due to more advanced "skills formation systems", as
David Ashton and Francis Green put it in *Education, Training and the
Global
BUSINESS COSTS COMPARISONS
Economist Intelligence Unit estimates
Germany100.0
US 91.8
Belgium 89.4
.
Hungary 2.2
Malaysia 1.7The figures for Hungary and South Africa
Indonesia
Apropos the recent discussion of US vs. European "competitiveness," here's
an interesting table from the Economist Intelligence Unit - their estimates
of the costs of doing business for multinationals in various countries.
Unsurprisingly, Germany is #1 - but perhaps surpisingly, the US is #2. The
At 05:40 AM 3/14/98 EST, you wrote:
Maggie:
Certainly Germany is more unionized than the USA, but since the fall of the
wall labor there has been under tremendous attack. As to Japan, the
benefits
accruing to labor have accrued to Japanese men. A New School student (Dave
Kucera) has done
Quoth Doug, in shock:
I thought I was pretty unshockable, but a recent report from the U.S.
Bureau of Justice Statistics shocked me. Based on present incarceration
stats, a black male born today faces a 1 in 4 lifetime chance of doing
prison time. Prison, where you go after conviction for a
MScoleman wrote:
The point of adding in the prison population isn't the great absolute rise in
unemployment, but the huge proportional rise in unemployment for African
American and Hispanic men. Since the vast majority of prison inmates are
AFrican American and Hispanic men, the inclusion of
C. Rakesh,
I think you're mostly correct here. I think that in a world with
such active credit markets, we can't think of economic situations in term
of Company A - Company B plus a sort of generalized bank. Older firms
have cash, relationships with investment
In a message dated 98-03-14 01:24:56 EST, Paul Meyer writes:
Sorry Maggie, for being anonymous but I am lazy about signing my name.
(ie Paul Meyer)
No problem, I was just curious as to who you are. As to the triumphalism of
the business press, some stations have taken steps to moderate this
On Fri, 13 Mar 1998, MScoleman wrote:
As to Japan, the benefits
accruing to labor have accrued to Japanese men. A New School student (Dave
Kucera) has done some interesting research which shows that the Japanese
corporations could reimburse men well because of the flexibility of the
Sorry Maggie, for being anonymous but I am lazy about signing my name.
(ie Paul Meyer)
I was interested in how one should interpret the macro-economic stats given
how central they are to selling the "American model." (I mean the triumphalism
of the business press is nauseating). It seems to me,
Dennis wrote:
Wars in late capitalism are police actions against rogue semi-peripheries
or raw materials producers;
And as long as that remains the case there is no possibility that Europe or Asia
will shove US imperialism aside. The euro, which will most likely be a soft currency,
the yen or
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