----- Original Message -----
From: "Michael Perelman" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Sunday, August 18, 2002 3:07 PM
Subject: [PEN-L:29587] Re: Re: Stiglitz


> Ian's reference to the Bhagwati article was interesting.  I agree
with
> Bhagwati about TRIPS and appreciate his contribution, yet Bhagwati
is far
> less progressive than Stiglitz.
>
> Some of us are quick to attack Stiglitz.  Certainly he is an
imperfect
> vessel on leftist politics.  Henry Liu's initial post was useful
in
> reminding us about Stiglitz's limitations, but the fact that he
has come
> out from such a prominent position and gone so far call for the
abolition
> of the IMF is to be welcomed.

==================

Just what is the perfect vessel on leftist politics?


>
> We're not obligated to become Stiglitzites follow blindly
everything that
> he says.  In the same vein, the left has been quick to attack
Nader,
> mostly stands for progressive views, even though he is not what I
would
> think of as a leftist.  I also welcome Dick Armey's attack on
TIPS, but
> most of the time his views are abhorrent.
>
==================

If Stiglitz is calling for scrapping the IMF maybe it's time to
revive Peter Dorman's suggestion of the Stochastic Jubilee; clearly
it would appeal to the more radical denizens of "information
economics"?

Smash the tragic tautology of debt.............

Ian


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