[PEN-L:479] Public investment in the Internet

1998-10-09 Thread William S. Lear
Does anyone have a rough figure for the amount of public money that has gone into building the Internet? The more detailed a breakdown that can be given by years, or types of investment, the better. Bill

[PEN-L:478] Castro's Speech at WHO

1998-10-09 Thread Ken Hanly
Fidel Castro was recently awarded the Health for All medal for his country's achievement in reaching and surpassing all of WHO's health standards. This is part of his speech excerpted from CCPA's Monitor. The Monitor has the full text: According to the calculations of renowned economis

[PEN-L:476] Re: Re: Re: Re: Re: Query: Arjun Makijani exchange rates

1998-10-09 Thread Ken Hanly
Gar Lipow wrote: > > Actually socialism under Marxism (which is only one type of socialism) > is each according to their work (with I presume exceptions for the > disabled, the retired, children, those in ill health). I personally > would interpret "To each according to their work" as "to each >

[PEN-L:477] Re: Re: Re: Query: Arjun Makijani exchange rates

1998-10-09 Thread Thad Williamson
Gar Lipow wrote: >I would be very curious to know if there is some >reference source that would let someone do this calculation on a >Country by Country basis for the entire world, or whether someone has >already gone to the trouble of doing this. Are there standard >purchasing power parity tables

[PEN-L:475] RE: Re: Re: "Nobel" prize in Econ.

1998-10-09 Thread Max Sawicky
> BTW, number two on Berlecon's list is Paul Davidson. Not to take anything away from Paul, but who is Berlecon, and who did they poll? We now need to start talking about Nobel Prize rescinding. Obviously the LTCM guys would be first in line. Or people could be designated with negative pr

[PEN-L:474] Re: Re: "Nobel" prize in Econ.

1998-10-09 Thread Rosser Jr, John Barkley
BTW, number two on Berlecon's list is Paul Davidson. Barkley Rosser On Fri, 9 Oct 1998 12:46:39 -0700 (PDT) James Cypher <[EMAIL PROTECTED]> wrote: > My vote is for Ernesto Zedillo--Ph.D. MIT, and successful savior of the > Mexican Economy, > > > Second For Krugman--most self congratulato

[PEN-L:472] Yeltsin is 'suffering senile dementia'

1998-10-09 Thread Frank Durgin
Yeltsin is 'suffering senile dementia' By Marcus Warren in Moscow Russia Today October 9, 1998 citing the Eletronic Telegraph

[PEN-L:471] Re: Fw: Re: Kagarlitsky responds to Hiatt

1998-10-09 Thread Frank Durgin
On October 7 Dennis Redmond wrote. -- > The Soviet Union sold a hell of a lot of oil and gas on world markets, but that's

[PEN-L:470] Re: Re: Re: Query: Arjun Makijani exchange rates

1998-10-09 Thread Ken Hanly
Gar Lipow wrote: > I know that equality of wealth and income is not the only point of > socialism, but it is one of the points, and an important one. > I wasn't aware the equality of wealth and income was something that socialism aimed at. The Marxist slogan, at least, is to each based

[PEN-L:468] Re: "Nobel" prize in Econ.

1998-10-09 Thread Rosser Jr, John Barkley
Well, Berlecon has been doing polling and finds Amartya Sen well in front as the leading choice. Given that people are eating bark in Indonesia right now, he looks like the person to beat for this year. Barkley Rosser On Thu, 08 Oct 1998 15:00:36 -0700 James Devine <[EMAIL PROTECTED]> wr

[PEN-L:467] Re: I Spake Falsely

1998-10-09 Thread Rosser Jr, John Barkley
Uhh...what was the question...? :-) Barkley Rosser On Thu, 08 Oct 1998 17:27:58 -0700 Tom Walker <[EMAIL PROTECTED]> wrote: > Max Sawicky wrote, > > >I do not smoke cigars, > >and I am not a crook. > > Yes, Max, but have you ever inhaled? > > Regards, > > Tom Walker > ^

[PEN-L:473] Re: Re: Re: Re: Query: Arjun Makijani exchange rates

1998-10-09 Thread Gar Lipow
Actually socialism under Marxism (which is only one type of socialism) is each according to their work (with I presume exceptions for the disabled, the retired, children, those in ill health). I personally would interpret "To each according to their work" as "to each according to their effort or s

[PEN-L:465] Re: Re: Who will tell Acompora?

1998-10-09 Thread Doug Henwood
Tom Walker wrote: >It seems to me that for every dollars worth of equities sold by someone, >there has to be a dollars worth bought by someone else. At least that's the >theory. I'm not sure to what extent such an equilibrium shows up in the flow >of funds breakdown. But the big net acquirers of

[PEN-L:469] Re: Re: "Nobel" prize in Econ.

1998-10-09 Thread James Cypher
My vote is for Ernesto Zedillo--Ph.D. MIT, and successful savior of the Mexican Economy, Second For Krugman--most self congratulatory category. Third, Larry Summers--most succesful manager of international financial crisis At 02:57 PM 10/9/98 -0400, you wrote: > Well, Berlecon has bee

[PEN-L:463] Re: Re: Who will tell Acompora?

1998-10-09 Thread Doug Henwood
Tom Walker wrote: >Who was the mass that the psychosis took hold of? It wasn't households. They >dumped $1.15 trillion dollars worth of equities between 1992 and 1997. Nor >did they replace them dollar for dollar with mutual funds. Households >acquired $900 billion in the same period. Different

[PEN-L:462] Re: Re: social movements react to crisis (fwd)

1998-10-09 Thread Louis Proyect
Pat Bond: >> Should, in other words, the various popular movements >> link arms across borders and continents to try democratising >> the embryonic global economic-management state (the existing >> IMF, World Bank, World Trade Organisation), or should their >> objective be to smash such embry

[PEN-L:466] Re: Re: Query: Arjun Makijani exchange rates

1998-10-09 Thread Gar Lipow
I'm interested in Arjun Makjani's theory not only as a basis for program, but as a basis for analysis. I've always assumed (as a dedicated egalitarian) that one (not the only but one ) of the things we were fighting for was a pretty equal distribution of wealth and income among the worlds populati

[PEN-L:459] Merrill-Lynch Chairman: "I wanted to jump out the window"

1998-10-09 Thread Louis Proyect
October 9, 1998 A Champagne Evening Awash in Gloom By LESLIE WAYNE WASHINGTON -- To the casual observer, the meeting of international finance ministers and central bankers that ended here Thursday had all the elements of a glittery affair of the type often portrayed in movies: a mix of big mone

[PEN-L:464] Re: Who will tell Acompora?

1998-10-09 Thread Tom Walker
Doug Henwood wrote, >Different households, possibly? Have the very rich, who are more likely to >own stock directly, been effectively selling shares to the less rich? If >so, then maybe that old rule about being careful when buying something from >someone seriously richer than yourself comes into

[PEN-L:457] BLS Daily Report

1998-10-09 Thread Richardson_D
This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. -- =_NextPart_000_01BDF38C.D4558860 BLS DAILY REPORT, THURSDAY, OCTOBER 8, 1998: There were 1,500 mass layoff actions by employers that affected 337,855 wo

[PEN-L:461] Re: social movements react to crisis (fwd)

1998-10-09 Thread michael
Forwarded message: Delivered-To: [EMAIL PROTECTED] Delivered-To: [EMAIL PROTECTED] From: "Patrick Bond" <[EMAIL PROTECTED]> Organization: Faculty of Management To: [EMAIL PROTECTED] Date: Fri, 9 Oct 1998 16:28:11 GMT +2:00 Subject: Re: social movements react to crisis In-reply-to: <[EMAIL PROTECTE

[PEN-L:460] Nobel Prize in Lit

1998-10-09 Thread James Devine
from SLATE: >Only the LAT [L.A. TIMES] front pages the award of a Nobel Prize to Portuguese novelist Jose Saramago. The novelist is not only a card-carrying Communist, he, like last year's winner, is an official enemy of the Catholic church--one of his stories depicts Jesus losing his virginity to

[PEN-L:458] Re: Who will tell Acompora?

1998-10-09 Thread Tom Walker
Doug Henwood wrote, >It can go into the bank, or into T-bills. There's no reason on earth why it >has to go into stocks, except that a mass psychosis took over around 1992, >that seems to be lifting right now. Who was the mass that the psychosis took hold of? It wasn't households. They dumped $1

[PEN-L:456] FW: Escaped East Asia Crisis On Good Debt Mgt- State Min

1998-10-09 Thread Arno Mong Daastøl
India Escaped East Asia Crisis On Good Debt Mgt- State Min (Copyright (c) 1998, Dow Jones & Company, Inc.) http://www.dowjones.com/ HYDERABAD, India, Oct. 2 (Dow Jones)--India escaped the economic crisis that recently swept east Asian countries, due to its prudent debt management and focus on lo