>Why assume that the balloon has burst? Most of the air pressure that was
>lost yesterday seems to have been recovered today. This, however, doesn't
>mean that "everything's groovy."
Less than half of the three day loss was recovered on Tuesday. But that's
beside the point. At its peak, the Dow i
Tom Walker wrote:
> But this does raise an interesting physics question: "How much hot
> air does it take to reinflate a burst balloon?"
Why assume that the balloon has burst? Most of the air pressure that was
lost yesterday seems to have been recovered today. This, however, doesn't
mean that "e
> Date: Tue, 28 Oct 1997 08:16:41 -0800
> Reply-to: [EMAIL PROTECTED]
> From: "michael perelman" <[EMAIL PROTECTED]>
> To:<[EMAIL PROTECTED]>
> Subject: Re: the crash and politics
>
> > From: Max B. Sawicky <[EMAIL PROTECTED]>
>
> > Fast track was alrea
Of course. If _I_ owned stocks and intended to sell them, I would tell a
pollster I _didn't_ intend to sell them in the hope that more positive poll
results would help drive up the price of the stocks I wanted to unload.
Catch 22. But this does raise an interesting physics question: "How much hot
> Sid: If you haven't given this citation to Gulick yet, I recall that Jim
> Stanford had a very good paper on US low wages (etc) as an unfair trade
> practice, which is highly relevant to the theme Gulick wants to pursue.
> Stanford would also probably have more substantive materials on the
> sub
> Date:Fri, 17 Oct 1997 09:13:46 -0400
> From: Terry Cottam <[EMAIL PROTECTED]>
>
> This has now been approved by our OPIRG Board of Directors for Canada-wide
> distribution (with one parenthetical extra note of explanation in 3b
> below). This could presumably be adapted for U.S. or European cam
October 27, 1997
Euro looms large
You thought year 2000 was a headache; a single European currency may pose a
greater problem
By Lynda Radosevich
Danny Maco walked out of the European Economic and Monetary Union (EMU)
conference session looking shell-shocked. For one hour, he and roughly 200
G
There's no need to worry. Everything's ok. The market is up 324 points.
>Tuesday October 28 6:48 AM EST
>
>Poll: Americans Take Market's Slide in Stride
>
>WASHINGTON (Reuters) - Eight in 10 Americans believe the U.S. stock market
>will stabilize or bounce back in both the near- and long-term fut
(originally posted on the Spoons Mailing-List)
CHAPTER 1. "THE PERPLEXING LEGACY OF MARX AND ENGELS"
Most of what Marx and Engels were concerned about on the national question
has to do with the task of the bourgeois revolution. Feudal social and
economic relations were an obstacle to capitalist
I've been arguing here & there that the U.S. labor market is tighter than
many people realize, and that labor should be in the strongest bargaining
position it's been in in nearly a generation. This argument has provoked
either yawns or sharp disagreement, but I want to make it again here.
Profits
> Date sent: Sat, 25 Oct 1997 18:47:57 -0400 (EDT)
> Send reply to: [EMAIL PROTECTED]
> From: Louis N Proyect <[EMAIL PROTECTED]>
> To: [EMAIL PROTECTED],
> [EMAIL PROTECTED]
> Subject:David Harvey on the Communist Manifesto
That Hegel and Mar
October 28, 1997
Ties Between Business, Markets Are Tested by a Plunge in Stocks
By DAVID WESSEL
Staff Reporter of THE WALL STREET JOURNAL
In 1987, the stock market plummeted -- and it did little lasting damage to
the U.S. economy.
Could things be different this time?
The market hasn't falle
Be careful taking Marx's writings on India at face value. These writings
were part of an effort to undermine Henry Carey, who was an important
figure at the NY Tribune and how was a major influence on Duhring. Carey
emphasized that everything English was bad. Marx countered that the
British wer
No, that is not a typo. The United Auto Workers (UAW) Local 2110 is the
bargaining agent of clerical workers at Columbia University, which is
composed mostly of female and black workers. This is the same local that
led the successful strike at Barnard last year which lasted more than 6
months. Pri
The haze that is enveloping Southeast Asia this year around is the worst
over the last few years. Southeat Asians did faced the haze over the
last few years as well and there was also none of the currency crisis
that hit them unlike this year.
So the relationship between land clearing and eco
Dear John
All is not doom and gloom in Sotheast Asia..
> Pen-L'ers,
>
> Whatever one's theory of their sources, the recent economic/ecological
> crises
> to sweep SE Asia (currency crashes, regional pollution disasters,
> stock
> market swoons) represent a serious legitimacy problem not onl
Ricardo writes: > ... Marx's views on the political cultures of
non-European societes were quite negative - just see his writings on India,
Mexico, or even Eastern Europe. ... <
Marx was also quite critical of _European_ societies. One of his mottoes
was "ruthless criticism of all existing" and s
Robert Naiman wrote:
>Doug wrote:
>
>> Did Rubin really mean what he said the other week - that
>> investors in Mexico didn't suffer enough, which laid the groundwork for the
>> recent crisis?
>
>
>Does anyone have an exact quote and/or cite for this?
Apologies for the (C) violation.
>[The Wall
Tim Stroshane and John Gulick have commented on the dialectical
relationship between the ecological and financial crisis in East Asia. Not
only are they correct, they point to the first confirmation of James
O'Connor's "Second Contradiction of Capitalism" thesis which tries to show
how capital wil
Doug wrote:
> Did Rubin really mean what he said the other week - that
> investors in Mexico didn't suffer enough, which laid the groundwork for the
> recent crisis?
Does anyone have an exact quote and/or cite for this?
death to the casino economy
[EMAIL PROTECTED]
> Date: Mon, 27 Oct 1997 20:17:28 -0800
> Reply-to: [EMAIL PROTECTED]
> From: Michael Perelman <[EMAIL PROTECTED]>
> To:[EMAIL PROTECTED]
> Subject: the crash and politics
> Am I wrong in suspecting that the crash [if it is not just a passing
> blip] may d
Besides the index for the elderly, which Max mentioned, there is also
the index for wage & salary workers. "The" CPI which you read about is
for all urban workers. The difference between the two is a slightly
different weighting, and the two indices track each other very closely.
In order for an
> Whatever one's theory of their sources, the recent economic/ecological crises
> to sweep SE Asia (currency crashes, regional pollution disasters, stock
> market swoons) represent a serious legitimacy problem not only for heads of
> state and
> governments in that part of the world, but to expon
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this format, some or all of this message may not be legible.
-- =_NextPart_000_01BCE386.A4176250
charset="iso-8859-1"
BLS DAILY REPORT, MONDAY, OCTOBER 27, 1997
BLS will release in the third or fourth week of
TML Daily condemns the Harris government in Ontario for
threatening the teachers with a court injunction in its attempt
to portray their political strike as a "law and order" issue. The
government keeps repeating that it is an "illegal strike." Media
reports have been rife with speculation about
Ontario's 126,000 teachers stayed away from work on Monday,
October 27 following the break-down of negotiations between
representatives of Ontario's five teachers' unions and the Harris
government on Bill 160, The Education Quality Improvement Act.
Picket lines were up at virtually all public and
Greetings,
Yesterday over 120,000 teachers in Ontario, Canada went on strike.
This is the largest teacher strike in north American history. Below is a
report on this historic event.
--
The teachers of Ont
> From: Max B. Sawicky <[EMAIL PROTECTED]>
> Fast track was already on its deathbed,
> thanks principally to the exertions of undead
> U.S. social democracy. I'm afraid the dip could
> be used to revive it.
Max, I would not be so sure. I assume that the "undecided" are waiting for
Clinton to
A couple of weeks ago, I introduced PEN-L subscribers to the comic book
character Henry the Hedgehog:
"GT Global Mutual Funds introduces the NEW adventures of Henry the Hedgehog
in an entertaining comic book designed to teach kids aged 10 and over about
investing in mutual funds. When you open up
>For years my son has been hoping that my interest in economics would
>result in investment advice. So here we have it. So, do you have any
>suggestions on what to buy?
>
> Honest-I'm-Not-Asking-On-My-Own-Behalf-Laurie
Dear Laurie,
Forget the stock market, if you want to make A RE
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