This is just a reminder that Michael Perelman will start his pkt seminar on
his book "The Natural Instability of Markets: Expectations, Increasing
Returns, and the Collapse of Capitalism" tomorrow. To subscribe to the
pkt-seminars list, please send a message to: [EMAIL PROTECTED]
In the body
Tony Smith wrote:
"One recent event confirms the growing power of the South in striking
fashion. More clearly than the defeat of the Italians at Adua in 1896 and
the Japanese victory over Russia in 1904, the ultimate triumph of
nationalist communism [in VIETNAM] stands as as an historical
michael perelman wrote:
I would like to see some progress in using the long term
analysis in looking forward.
Michael, since few people here can agree on the interpretation of the
past, how could we possibly make sense of the long-term future?
I was just reading Andre Gorz's Farewell to the
Doug Henwood wrote:
michael perelman wrote:
I would like to see some progress in using the long term
analysis in looking forward.
Michael, since few people here can agree on the interpretation of the
past, how could we possibly make sense of the long-term future? [snip]
I would agree
Keynes wrote in 1930 that the "economic problem" would be solved within
100 years. And seems to predict quite confidently that the three hour
work day would be in place about now. He did hedge a bit -- assuming no
wars, etc. and within 9 years that assumption proved unreal.
"Economic
Thanks, Paul, for your excellent synthesis of key issues about early
Canadian political economy. I have a couple of questions, though I
apologize that they are rather incoherent.
This thread began on the issue of free labour and land. What would you say
about the idea that one of the main
Dear list comrades!
I don't imagine anyone who doesn't read Arabic papers has been able to follow
it, but there's a very interesting confrontation taking place in Lebanon these
days. I mean, there's always the big battle against zionists in the south --
that yields material on a
I think that the build-up in debt is the sort of phenomenon that can form the
basis of prediction of a tendency, just as demographic trends can be fairly
predictable.
My original point was that we have been paying a great deal of attention to the
epiphenomena and hoped that we could make some
Rod,
I took all my economic history from Fowke over a number of years
as well as my 'history of thought' and a graduate seminar in the
role of the state in the economy. I have also published several
articles on his life and times and on his economic thought. I also
was, in a very limited
Date sent: Thu, 07 Oct 1999 12:39:25 -0700
To: [EMAIL PROTECTED]
From: Bill Burgess [EMAIL PROTECTED]
Subject:[PEN-L:12394] free labour in Canada
Send reply to: [EMAIL PROTECTED]
Thanks, Paul, for your excellent
The "if" factor in CB's observation of the system's contradictions (44
million Americans with no health insurance [WSWS ed. below) but the US govt.
can spend $27 billion on testing new nukes, etc.) brings to mind what Boris
Kagarlitsky wrote in the Monthly Review a few years ago:
"The lack of
Keynes sets up several rough categories here. The predictable. The
sort-of predictable. The probable but not predictable. The utterly
unpredictable. But is it obvious how these different categories are
even roughly identifiable, that we can with even quasi-certainty off
the top of our heads
Keynes also said that we must act, and that we have a strong desire to
act. At least we want our action to be as informed as possible. Why
else would anybody sub. to the Left Business Observer?
Doug Henwood wrote:
Charles Brown wrote:
Keynes' *in the long run we are all dead*
Charles Brown wrote:
Keynes' *in the long run we are all dead* notwithstanding
Actually this was what I had in mind:
"By 'uncertain' knowledge, let me explain, I do not mean merely to
distinguish what is known for certain from what is only probable. The
game of roulette is not subject, in
At 11:17 AM 10/7/99 -0400, Robert Naiman wrote:
Although this letter appeals to populist isolationist traditions in
the US,
you mean in a bad way? ;)
Does that mean there's a good way?
Doug
At 11:57 07/10/99 -0400, Robert Naiman wrote:
Absolutely. I gathered from his comment that even
-Original Message-
From: L. Randall Wray [EMAIL PROTECTED]
To: [EMAIL PROTECTED] [EMAIL PROTECTED]
Date: Thursday, October 07, 1999 1:35 PM
Subject: fed disclosure
for a fun time, take a look at the following:
Fed Governors' Personal Finances
The Federal Reserve governors are all
Doug Henwood [EMAIL PROTECTED] 10/07/99 12:42PM
This is one area where Keynes was
indisputably right: "We just don't know."
(
Charles: Which reminds of Kant's agnosticism, unknowable thing-in-itself.
CB
Keynes' *in the long run we are all dead* notwithstanding, in the long term there
will be a business downturn even in the U.S. Then the hoodwinking of the people about
the amazing length of the boom , the unprecedented, uninterrupted growth of the GDP
will come home to roost. It will be the
Paul: You mentioned in an earlier message that you had studied with Vernon
Fowke.
My reading of his work on wheat is that Prairie wheat growing did not fit
the pattern of the classic staple industry that Innis and Lower described.
Do you remember what he said about the matter?
Rod Hay
michael perelman wrote:
I would like to see some progress in using the long term
analysis in looking forward.
Doug Henwood wrote:
Michael, since few people here can agree on the interpretation of the
past, how could we possibly make sense of the long-term future? [snip]
Carrol writes:
I
Absolutely. I gathered from his comment that even Chris Burford -- I say even because
I gather he is even more sensitive to the dangers of progressive "cheating" by
appealing to isolationist sentiments than you are -- thought that the Sanders letter
was an example. (Not that I concede the
The recent wild debate about the origin of capitalism suggests a
different direction to me. While we often take a long look backward,
the value of such analyis seems to be what it can tell us about
understanding long term trends. Unfortunately, we are often likely to
concentrate on short term
I have downloaded a 1979 paper by Tony Smith from JSTOR. Titled "The
Development of Underdevelopment Literature: the case of dependency theory",
it originally appeared in World Politics, January '79. Based heavily on
Barrington Moore's theories, it is a broadside against Baran, Sweezy,
Frank,
Robert Naiman wrote:
Although this letter appeals to populist isolationist traditions in the US,
you mean in a bad way? ;)
Does that mean there's a good way?
Doug
Here is the last installment (Part 5)
Paul Phillips: Staples, Surplus, and Exchange
Implications for Interpretation
In the staple literature, little or no distinction is made between a staple
trade and a staple industry. Yet this is critical in resolving the seeming
contradictions
BLS DAILY REPORT, WEDNESDAY, OCTOBER 6, 1999
The composite index of leading economic indicators slipped 0.1 percent in
August, after rising 0.3 percent in each of the preceding 3 months, the
Conference Board reports. The index remains positive, however, and shows
potential for posting record
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