That doesn't make him a bad guy, does it? (especially if the decline is
primarily above the median).
--ravi
Volcker is a very bad guy. In fact, anybody who has ever run the Federal
Reserve is a skunk.
___
pen-l mailing list
Greetings Economists,
On Oct 22, 2008, at 10:12 AM, Louis Proyect wrote:
Key among the good guys is former Federal Reserve Chairman Paul
Volcker,
Doyle;
Volcker engineered the recession of that first Reagan period. Nasty
customer indeed. Not a good guy.
thanks,
Doyle Saylor
On Oct 22, 2008, at 1:28 PM, Louis Proyect wrote:
That doesn't make him a bad guy, does it? (especially if the
decline is primarily above the median).
Volcker is a very bad guy.
Yes, absolutely. No disagreement on that. But if he says that one
should expect a decline in American
On Wed, Oct 22, 2008 at 11:30 AM, ravi [EMAIL PROTECTED] wrote:
Yes, absolutely. No disagreement on that. But if he says that one should
expect a decline in American standards of living, that may be (pending finer
scrutiny) one of the better things he has said/done. We (the list) have
argued
I'm touched by the generous interpretations of Paul Volcker's remark,
but his point was to impose austerity on the working class. He was the
commander of a class war from above. And if the right paid attention
to PEN-L and weren't already on the ropes, they might be able to make
some hay
Fair enough but I am not inclined to say the guy is pure evil and
every word of his should always be interpreted with the utmost
cynicism. Maybe if you can provide the context in which he made the
remark, we may be able to evaluate it better.
-raghu.
Jimmy Carter's Economy: Policy in an Age of
On Wed, Oct 22, 2008 at 12:26 PM, Louis Proyect [EMAIL PROTECTED] wrote:
Jimmy Carter's Economy: Policy in an Age of Limits | Book Reviews
Published by EH.Net (January 2004)
Thanks. I looked on Google and it seems that his actual quote was the
standard of living of the average American has to
On Oct 22, 2008, at 3:48 PM, Doug Henwood wrote:
On Oct 22, 2008, at 3:38 PM, ravi wrote:
Sometimes, when your opponent gives you the phrases you need, it is
wise to use them.
And sometimes you should acknowledge that those phrases are embedded
in a worldview hostile to your own.
And
Doug Henwood wrote:
I'm touched by the generous interpretations of Paul Volcker's remark, but
his point was to impose austerity on the working class. He was the
commander of a class war from above. ...
Right. Volcker didn't want to hurt the incomes of the super-rich. He
wanted to raise them. He
Doug's LBO excesses?
On Wed, Oct 22, 2008 at 4:58 PM, raghu [EMAIL PROTECTED] wrote:
On Wed, Oct 22, 2008 at 3:31 PM, Jim Devine [EMAIL PROTECTED] wrote:
No-one says that Volcker is pure evil. I don't get this practice of
arguing against proposition X by saying that X isn't _completely true_
Volcker even sounds like a cross between vulgar and vulcan. Scary.
On Wed, Oct 22, 2008 at 4:58 PM, raghu [EMAIL PROTECTED] wrote:
On Wed, Oct 22, 2008 at 3:31 PM, Jim Devine [EMAIL PROTECTED] wrote:
No-one says that Volcker is pure evil. I don't get this practice of
arguing against
11 matches
Mail list logo
