Sorry to be coming back on pen-l after about a year and starting it off
with a call for help, and that too not of a revolutionary kind. I wonder
if anybody knows of decent macro and micro principles/intermediate level
web based teaching materials. Our Academy may be willing to buy such
materials,
At 23:26 13/10/00 -0400, you wrote:
Burford:
Further web searches show that the reasoning of the 2-day trial is not
exactly clear because it was largely secret, but the main summary seems to
be that Filipovic published a series of articles in Agence France Presse
and in the publication of the
To get a further understanding of why Filipovic "of course" belongs in
prison, I attach perhaps his most explosive article, based interestingly,
largely on an Army intelligence report apparently written to gauge the
readiness of the army to take part in further conflicts, for example with
A healthy list grapples with serious and interesting problems. I repeat my
hope that Michael will consider the effects on the quality of argument if
one person, working virtually full time, tries to dominate a list with up
to 10 contributions a day. A degree of selection might be in Proyect's
After paying my $20 admission, I joined the swarms of people ascending the
escalator at Madison Square Garden and took my seat. The overhead giant TV
screens were running videos of youthful protestors in Seattle being
cornered by nasty-looking cops--not the typical fare for a "liberal"
Did you forget to add the attachment?
Thanks,
Ann Li
- Original Message -
From: "Michael Perelman" [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Friday, October 13, 2000 11:47 AM
Subject: [PEN-L:3098] heterodox economics meetings
Dear all,
Please find attached a call for
The Times (London), October 14, 2000, Saturday
Eastern Europe emerging nicely
Claire Burston
The fall of the Milosevic regime in Yugoslavia is focusing attention on the
other Eastern European nations that have already established a measure of
political stability. Some stock markets in this
though looking at the foreign-exchange value of the dollar is important, I
think that looking at aggregate demand is more important. There are two
polar alternatives:
1) the US trade deficit pulls up the rest of the world, allowing a
mutually-reinforcing demand-side boom amongst the
The communists who have regrouped have accepted capitalism. Rights to health
care, to a job, etc. socialised production are all jettisoned except for
the minimum required to dupe the people in a pluralistic society. Even
within these narrow confines they are subject to outside intervention
Capitalist globalization is bad news for most of us. People fighting for
power held by the moneyed few is a way to turn this around, Bill Fletcher
told about 50 people on October 13 at the Oak Park Community Center in
Sacramento.
Fletcher, Assistant to the President of the AFL-CIO and
Néstor wrote:
"Take off", that is a foolish substitute for national revolution.
It's interesting that this is the mirror image of WW Rostow's view
that communism is a disease of the take-off.
Néstor replies:
Would you please expand, dear Jim? I believe there is a lot of meaty
material
Barney wrote:
Rather than heading towards upwards or downward harmonization, perhaps we
are in a relatively stable regime, where (non-direct) foreign investment
transfers wealth to US asset holders, who then use that wealth to continue
consuming imports, thus sustaining foreign output and the
Barney,
Maybe, but there can also be a generalized flight to liquidity -- but what does
that mean in today's global financial system? I'm thinking back (OK, worst case
scenario) to the opening years of the great depression, when there was a series of
runs on national currencies. Currencies
At 04:44 PM 10/14/2000 -0700, you wrote:
Maybe, but there can also be a generalized flight to liquidity -- but what
does
that mean in today's global financial system? I'm thinking back (OK,
worst case
scenario) to the opening years of the great depression, when there was a
series of
runs on
Jim Devine wrote:
notable is the absence of an international lender of the last
resort, or even an international central banker concerned with the
health of the world economy but without l-o-l-r facility. The IMF
acts instead as a creditors' cartel, so the closest to playing this
role is
This is true -- I really don't think we know anything that these folks
don't (although we of course put different values on it and maybe weight
the probabilities differently). Still, I'm not sure they would have the
resources to stem a sudden run on the dollar under the current
circumstances
On Sat, 14 Oct 2000, Peter Dorman wrote:
secure; they were the targets of subsequent runs. Is there some way
to think about the pricking of the dollar bubble in the absence of
resurgent confidence in some other currency?
Sure -- vigorous expansion in the EU and East Asia, which would pull
I'm aware that "the rest of the world expands" is the preferred solution to
the US current account deficit (and capital account bubble). Has anyone
calculated the rate of expansion that would be required to do this, without
drastic changes to the value of the dollar, given the US price and
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