To whom...,
Why is it that practically every month for the past couple years CNBC
et al have been reporting net inflows into the stock market, both into
equities and into mutual funds? How have I been missing all this net
outflow?
peace
A while back, on both PEN-L and Doug Henwoods's LBO-Talk list, I tried to
explain how impossible it is to evaluate the performance of capitalism in a
single country in comparison to a socialist country. The 2 Koreas and the 2
Germanys in the 1960s and 70s often were compared one against the
boddhisatva wrote,
Why is it that practically every month for the past couple years CNBC
et al have been reporting net inflows into the stock market, both into
equities and into mutual funds? How have I been missing all this net
outflow?
There's another dimension to this, which Doug
Max wrote,
Or perhaps it just knocks the
stuffing out of your premise.
Let's be civil.
but I don't see a metaphor problem.
Bubbles filled with animal spirits
and prone to random gyrations float
on the sea of the real economy. A
metaphor problem is that when they
burst, the effects on the
This message is for economists living and working in California -- I
apologize for the inconvenience to others.
If you are interested in signing an open letter opposing Matt Fong's
"revenue-neutral flat tax" contact the Barbara Boxer campaign at:
Los Angeles: 310-575-9880 -- Ask for Lyle
(From Robert Naiman:)
Boris Kagarlitsky's response to Fred Hiatt's "Who Lost Russia?" in the Post,
which the Post declined to run.
-
America, Please Leave Us Alone To Solve Our Problems
by Boris Kagarlitsky, Senior Research Fellow at the Institute for
Comparative Political
Eugene P. Coyle wrote:
When an individual goes into a 401 k or similar contrivance, reported
income for tax purposes goes down. Is the amount deducted "saving"? And
is that (or any other $$ figure for saving) in a ratio with income for tax
purposes, or the total income before the 401 k
(Harry Shutt, "The Trouble With Capitalism," Zed Books, 1998, pp. 206-212)
An important role in fostering this new consensus has clearly been played
by the powerful mass media, which are inevitably in thrall to the same
dominant interest groups. This is not to suggest that there is no argument
On Wed, 7 Oct 1998, Robert Naiman crossposted:
America, Please Leave Us Alone To Solve Our Problems
by Boris Kagarlitsky, Senior Research Fellow at the Institute for
Comparative Political Studies of the Russian Academy of Sciences
Does he really think that Russia was a Third World
--
From: Bove, Roger E.
To: ECON_CHAIR-owner
Subject: Assessment
Date: Wednesday, October 07, 1998 4:48PM
We are currently under mandate to develop assessment mechanisms for our
majors. We are working with three major goals ; to develop economic
reasoning and problem-solving,
Boris Kagarlitsky's response to Fred Hiatt's "Who Lost Russia?" in the Post,
which the Post declined to run.
-
America, Please Leave Us Alone To Solve Our Problems
by Boris Kagarlitsky, Senior Research Fellow at the Institute for
Comparative Political Studies of the Russian Academy
Louis,
When are you referring to when you say that West
Germany "started out" as more industrialized than East
Germany? They were about even in 1939, with, if anything,
the East slightly ahead of the West. The point in time at
which there was a big difference was about 1953 after
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-- =_NextPart_000_01BDF21A.B7E81800
BLS DAILY REPORT, TUESDAY, OCTOBER 6, 1998
The National Association of Business Economists forecasting panel
Max Sawicky wrote,
The State can declare by fiat property titles or
financial instruments null and void by forcing
write-downs and bankruptcies.
For all Max's skepticism about the dictatorship of the proletariat, he would
have us believe that if we simply call it something else, the bourgeoisie
Max Sawicky wrote,
Without getting immersed
up in the Flow of Funds stuff, the inescapable
fact is that, as Doug says, NIPA savings trends
do not support the BBB(Baby Boom Bulge) theory.
Whenever I hear tell of an "inescapable fact", I suspect a retreat from
reasoned argument into dogma. . . .
THOUSANDS TURN OUT FOR NATIONWIDE PROTEST. According to
Interfax, initial reports from the Interior Ministry suggest
that more than 60,000 people turned out for public protests
in the Far East on 7 October--a much smaller turnout than
organizers had expected. In Vladivostok only 3,000, rather
Max Sawicky wrote,
Without getting immersed
up in the Flow of Funds stuff, the inescapable
fact is that, as Doug says, NIPA savings trends
do not support the BBB(Baby Boom Bulge) theory.
Whenever I hear tell of an "inescapable fact", I suspect a retreat from
reasoned argument into dogma. On my
Valis posted something about this to pen-l. I wrote to the Senior Senator from
Utah to request a copy of the pamphlet. He responded that he shared my concern
about our President's sexual misdeeds, and that he would do all that he could to
pursue justice.
I probably missed something in the
The WP's [Washington POST's] Al Kamen points to an odd passage in an
anti-drug pamphlet with a forward by Sen. Orrin Hatch. The book claims to
help parents look for the warning signs that their children are using
marijuana or other drugs. These signs include, says the pamphlet, such
obvious ones
We're playing word games here. If there were a real bulge in savings as
boomers prepared for retirement, it should show up in the aggregates.
Instead of playing word games, then, let's try singing from the same
hymnbook: Flow of Funds Accounts of the United States Annual Flows and
Outstandings,
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