Does the interest rate rule the roost?

1994-02-11 Thread Trond Andresen
Interest rates in Norway have been in free fall the last year, dropping from a level of 11 - 12 % to approx. 7 % in this period. now why do such a fundamental factor in the economy change so fast? One reason of course is that the norwegian crown (NOK) in the winter of 1992/93 was allowed to

Re: Does the interest rate rule the roost?

1994-02-11 Thread Tavis Barr
On Fri, 11 Feb 1994, Trond Andresen wrote: It seems to me then that the only signal that will lead to a significant lowering of interest rates is a sharp increase in defaults on debt, i.e. losses for the black-mailers. But this mechanism has very little to do with the marginal productivity

WEEK IN REVIEW 2-11-94

1994-02-11 Thread Kai Mander
Trade Week in Review and Recent Publications Friday, Febuary 11, 1994 Volume 3, Number 6 Headlines: CONGRESS MAY CONSIDER GATT THIS YEAR TAIWAN WILL IMPORT RICE AFTER GATT ENTRY BRITTAN: GATT PROVIDES DIRECTION FOR EU FARM POLICY FORUM SET TO DISCUSS WTO RULES LITTLE PROGRESS EXPECTED FROM

Does the interest rate rule the roost?

1994-02-11 Thread Trond Andresen
Interest rates in Norway have been in free fall the last year, dropping from a level of 11 - 12 % to approx. 7 % in this period. now why do such a fundamental factor in the economy change so fast? One reason of course is that the norwegian crown (NOK) in the winter of 1992/93 was allowed to

Keynes, Einstein and Galbraith

1994-02-11 Thread ECOELT
What is one to make of Keynes's introduction to the German edition of THE GENERAL THEORY dated 7 September, 1936? "This is one of the reasons which justify calling my theory a GENERAL theory. Since it is based on less narrow assumptions than the orthodox theory, it is also more easily adapted to

Re: on urban violence (fwd)

1994-02-11 Thread Jim Devine
There might be a better spin on the "hyperactive monkeys" analogy about urban youth (though I hate any animal analogies about people especially about minorities). Awhile back they did experiments on normally calm rats (and also monkeys, I believe). Crowding them together led to a dramatic

Pepsi U.A. (fwd)

1994-02-11 Thread D Shniad
Forwarded message: From [EMAIL PROTECTED] Thu Feb 10 15:22:23 1994 Date: Thu, 10 Feb 94 17:44 EST From: [EMAIL PROTECTED] (Christian Task Force on Central America BC) To: [EMAIL PROTECTED] Subject: Pepsi U.A. -- URGENT ACTION GUATEMALA

Futurework Net

1994-02-11 Thread Sally Lerner
Invitation to the Futurework Net -- We would like to hear from people interested in developing strategies for dealing with increasing structural unemployment, underemployment and insecure employment in the industrialized nations (focus on N. America)that will increasingly be created by the

Re: Does the interest rate rule the roost?

1994-02-11 Thread Tavis Barr
On Fri, 11 Feb 1994, Trond Andresen wrote: It seems to me then that the only signal that will lead to a significant lowering of interest rates is a sharp increase in defaults on debt, i.e. losses for the black-mailers. But this mechanism has very little to do with the marginal productivity

No Subject

1994-02-11 Thread Paul Cockshott
I don't think I understand everything you say. But this does not mean that you should change your language; I don't mind groping. In anycase, as far as the empirical works are concerned, they may have some merits of their own but they cannot be used as a

WEEK IN REVIEW 2-11-94

1994-02-11 Thread Kai Mander
Trade Week in Review and Recent Publications Friday, Febuary 11, 1994 Volume 3, Number 6 Headlines: CONGRESS MAY CONSIDER GATT THIS YEAR TAIWAN WILL IMPORT RICE AFTER GATT ENTRY BRITTAN: GATT PROVIDES DIRECTION FOR EU FARM POLICY FORUM SET TO DISCUSS WTO RULES LITTLE PROGRESS EXPECTED FROM