Re: [PEN-L] The Old Remedies Won't Work This Time

My question would be how to avoid or mitigate the human suffering and social/economic isolation of unemployment, not how to get the growth numbers back in positive territory. There is a big, BIG assumption made in these discussions that economic stimulus is some sort of panacea or at the very

[PEN-L] Fwd: Econ-atrocity: Do The World's Poor Countries Finance the Rich Ones?

-- Forwarded message -- From: Emily Kawano [EMAIL PROTECTED] Do The World's Poor Countries Finance the Rich Ones? By Amit Basole CPE Staff Economist January 16, 2008 Global Charity In the year 2000, the richest 10 per cent of the world's population held 85 percent of its

Re: [PEN-L] The Old Remedies Won't Work This Time

Although I certainly favor redistribution, by which suggests that the United States is not necessarily rich enough. I am pretty sure that I am in the minority here, but I suspect that our commercial this interpretation of riches does not really constitute what I would consider to be riches. I

Re: [PEN-L] The Old Remedies Won't Work This Time

raghu wrote: Picking up on that theme, I am thinking of a very specific and well-defined interpretation of 'riches': GDP growth. Afterall all the fuss about the credit crunch recently is because of the universal fear of a recession - defined as a lack of GDP growth. My question is who cares

Re: [PEN-L] The Old Remedies Won't Work This Time

On Jan 18, 2008 1:27 PM, Jim Devine [EMAIL PROTECTED] wrote: all else constant, a fall in GDP is good for the environment, just as the decline of US-based steel production improved the air in Gary, IN and Pittsburgh, PA. (Of course the job situations in those places went to Hell.) But it's

Re: [PEN-L] The Old Remedies Won't Work This Time

Sandwichman wrote: My question would be how to avoid or mitigate the human suffering and social/economic isolation of unemployment, not how to get the growth numbers back in positive territory. There is a big, BIG assumption made in these discussions that economic stimulus is some sort of

[PEN-L] Stephen Fleischmann on recission

Stephen is a radical who worked in television news from the 50s through the 70s. http://www.smirkingchimp.com/thread/12128

[PEN-L] The Efficiency of Publicly Owned Power Companies

Earlier, I mentioned are prolonged power outage. An invaluable article in our local weekly paper reports that our IOU -- the appropriate acronym for Investor Owned Utility -- PGE suffered much more damage than the publicly owned utilities in the region. Apparently, PGE has been relatively

[PEN-L] Hurricane Katrina recovery completely successful!

He said... extracting cynical tongue from cheek. Coast casinos bouncing back Casinos boom December hits record $103.5M By MARY PEREZ [EMAIL PROTECTED] Image: Slot players such as Ginny Stellate of Leesburg, Fla., helped make 2007 a record year at the Coast casinos. It's been 29 months since

Re: [PEN-L] The Old Remedies Won't Work This Time

On Jan 18, 2008 10:11 AM, Michael Perelman [EMAIL PROTECTED] wrote: Although I certainly favor redistribution, by which suggests that the United States is not necessarily rich enough. I am pretty sure that I am in the minority here, but I suspect that our commercial this interpretation of

Re: [PEN-L] The Old Remedies Won't Work This Time

As a practical political matter, IMO it happens that the best rationale dovetails with your question. Namely, fixing the business cycle is a can of worms. Alleviating damage from a downturn -- in family finances, state government budgets -- is straightforward. The dangers of stimulus too

[PEN-L] Honoring Odd Rules For U.S. Presidential Primaries

[January 18 2008] Travus T. Hipp Morning News Commentary: Honoring Odd Rules For U.S. Presidential Primaries… For Instance, My Home State Nevada… (A personal take on the kind of incipient corruption caused at the local level by the current system of politicking.) Elsewhere...In The News: Taking

Re: [PEN-L] The Old Remedies Won't Work This Time

On Jan 18, 2008 8:48 AM, Sandwichman [EMAIL PROTECTED] wrote: While I can appreciate the political expediency of such an approach in terms of building a cross-class consensus and coalition, I never hear any substantive defense of the proposition that growth is all you need. At some point in

Re: [PEN-L] The Old Remedies Won't Work This Time

On Jan 18, 2008 8:48 AM, Sandwichman [EMAIL PROTECTED] wrote: May I ask, how might the preconditions for human emancipation and improvement differ from the preconditions for restoring economic expansion? IMO, at this juncture in human history, de-centralization, the move to small community

[PEN-L] The Old Remedies Won't Work This Time

Sandwichman May I ask, how might the preconditions for human emancipation and improvement differ from the preconditions for restoring economic expansion? ^ CB: Is there any other theory except the same old remedy that the preconditions for human emancipation are to expropriate the

[PEN-L] Some bits of news and analysis...

http://platosbeard.org/archives/287 (will try to embed links to individual articles... just cutting and pasting from my blog post, today) = # Guardian | Bubble economics Alan Greenspan - the man primarily responsible for the current crisis. Greenspan,