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BLS DAILY REPORT, FRIDAY, MAY 8, 1998
RELEASED TODAY: Employment increased, and
Doug,
From their own perspective the Japanese ruling elite
is doing well at protecting its own interests. The
long-running bailouts of companies by banks, etc. is one
great big "let's take care of each other" ball game. That
it appears to be running out of steam is another matter.
I decided that it was worth commenting on the following article in detail and
that pen-l folks would be interested. The article ends up being pretty long.
My comments are surrounded by signs. Your comments are of course welcome.
-- Jim Devine
May 3, 1998, Sunday Section: Week in Review Desk
Folks,
I found an interesting quote about prices in the Contribution
"Prices are thus high or low not because more or less money is in circulation,
but there is more money in circulation because prices are high or low. This
is one of the principal economic laws, and the detailed substantiation
C. Eisenscher,
What you describe is the mechanism that plants use in generating
energy and oxygen during photosynthesis. Obviously there is tremendous
interest in replicating this process industrially. However, I think that
the hydrogen/oxygen fuel cells referred
I don't know where and when Lenin made the quote, but the
Anderson Valley Advertiser puts the quote on its masthead: "Be
as radical as reality."
On Fri, 8 May 1998, Doug Henwood wrote:
Except that the EU barely exists as a political entity - they can barely
choose the head of their central bank (and, by the way, the lucky Dutchman
who will, Wim Duisenberg, thinks the Fed's practice of publishing highly
sanitized minutes of their
C. Redmond,
You wrote "Asia will mark time until Japan discovers the magic
bullet of multinational Keynesianism." That seems remarkable to me. What
would you call the government-inspired credit boom that got East Asia to
where it is now? The Tiger expansion
I've heard it said that Sylvia Nasar travels at least some of the time
in progressive circles. What explains her slavishly neoclassical NYT
columns, with their obliviousness to dissenting views?
Peter Dorman
I'd like to draw on the collective expertise of pen-l to come up with
possible texts for two courses I'm teaching this summer. As the header
says, one is a general course in "public policy analysis", the other is
on the economic and political transition in E. Europe, with a focus on
Hungary and
Valis,
The answer is: Short-term self-interest. Why would Compaq, et al,
not want Windows '98 to come out? After all, they *sell* Windows '98.
Besides capitalists hate competition and love monopolies, especially in
the short-term.
peace
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