Though I am essentially a lurker, I read the posts with interest and,
true to the cliche, learn something new every day. I don't think I'm
stretching to say the list's consensus seems to be against the BalBudAmn
(BBA). I am perfectly willing, indeed inclined, to believe that the BBA is
bo
Request from Jamaica: [EMAIL PROTECTED] wants to reach Kim Pratt at
Fanshawe College, Canada. Any help will be gratefully received.
Louis Lefeber [EMAIL PROTECTED]
Department of Economics Office: (416) 736-5083
York University, Toronto.
At 4:26 PM 1/27/95, Eugene Coyle wrote:
>One last remark. We keep reading about the high level of
>capacity utilization, how 85% is histyorically high, and cannot be
>sustained. But if you look back at the end of the '60s, you'll see that
>capacity utilization rates were above 90% for
It is silly to compare the investment an idividual with a finite life
makes to the investment an economy with an infinite life makes. Assuming
that debt goes to investments which yield a positive rate of return, a
growing economy can and should carry a larger and larger debt burden. The
probl
Treacy: Robert Eisner's position that the balanced budget amendment
should be melded with a prayer in schools amendment is one that I would
support. We have such whacked out notions of debt floating around.
All forms of debt in the private sector should be banned as well.
This would force p