I don't want any trouble with our govt--I am a loyal citizen--so I am
making this public. I shall be offlists for months. Bye, Rakesh
Mr Prescod:
I want to add one thing: I *do* support the movement to incarcerate
members of and freeze the assets of terrorist organizations, and have
said so
The way of establishing a world money should start with the following
principle:
Every country may pay its debt in any convertible currency, but its own.
This principle ensures that no balance of trade be permanently negative, so
that rates of change may steadily fluctuate within a narrow
Does anyone know how luxury consumption/spending has been doing recently? Have those
who are fairly economically secure been taking advantage of low interest rates, etc,
or has the supposed 'wealth effect' been overpowering that, etc? Thanks. leads to data
would be appreciated also. Mat
BUREAU OF LABOR STATISTICS, DAILY REPORT, MONDAY, JANUARY 7, 2002l
The unemployment rate increased 0.2 percentage point to 5.8 percent in
December, the Bureau of Labor Statistics announced. U.S. payrolls declined
by 124,000 in December and have dropped by 1.1 million in the final 4 months
of
(By mistake, I didn't send the following to the list.)
It's useful to get beyond what a world money _should_ be like and talk about
what it is.
I agree with the implication of Marx's theory of money that unlike with the
use of a money such as gold that's naturally scarce (i.e., involves labor
I don't know Rajani Kanth personally, but I really like his recent books, even though
I don't agree with him on everything (including some of his interpretations of Marx).
But how many economists are willing to bring up the issue of eurocentrism in the
discipline? For that alone I think his
Go to http://www.sfgate.com for a column from yesterday's San
Francisco Chronicle by Carolyn Lochead (off on the spelling there)
on the KSA. Public beheading of homosexuals and other nasty sheeit.
Michael Pugliese--- Original Message ---
From: Rakesh Bhandari [EMAIL PROTECTED]
To: [EMAIL
COMMENT: It strikes me that the current education reform pushed by Dubya
and Sen. Edward Kennedy -- and now enacted -- is a different version of
privatization than discussed below, the creation of an artificial market. At
least as advertised, we are supposed to see more decentralized control of
Argentina: Confusing Tales
Counterpunch, January 7, 2002
From Progressive Economists
By Lawrence McGuire
I've been trying for years to figure out the world economic system, but it
ain't easy. No matter how much I read I always seem to end up even more
confused than when I started.
For
Lawrence McGuire writes:
If Argentina was a gold mine for international investors, why should the
'free market globalization model' be questioned? Who created and implemented
the 'free market globalization model'? It worked for the people who devised
it, didn't it? Isn't the IMF controlled by the
Rob Schaap wrote:
2001 record
year for bankruptcy
THE AGE CANBERRA, Jan 8 AAP|Published: Tuesday
January 8, 5:55 PM
A record number of people declared themselves bankrupt in 2001,
figures released today showed.
Dave Richardson's daily report notes:
BUREAU OF LABOR STATISTICS, DAILY REPORT, MONDAY, JANUARY 7, 2002l
The unemployment rate increased 0.2 percentage point to 5.8 percent in
December, the Bureau of Labor Statistics announced. U.S. payrolls declined
by 124,000 in December and have
In the Jan. 8, New York TIMES, Paul Krugman writes: Was this what Mr.
Greenspan intended - to raise taxes on the poor and the middle class, so
that they could be cut for the rich? If not, why doesn't he say something?
After all, a word from him could alter the landscape of economic debate,
just
Forstater, Mathew wrote:
Does anyone know how luxury consumption/spending has been doing
recently? Have those who are fairly economically secure been taking
advantage of low interest rates, etc, or has the supposed 'wealth
effect' been overpowering that, etc? Thanks. leads to data would be
State revenue forecasts came in below expectations last year,
so retrenchment has already begun. As state legislatures begin
convening I suspect they will take a pessimistic view of revenues
(which probably are a lagging indicator anyway) and move
accordingly. There is little indication the
--- Original Message ---
From: sf_adam.rm [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Date: 1/7/02 9:18:26 PM
* Rich Are Hit by Argentina's Crisis * Citigroup Unit Quits
Argentine
Bank * Argentine Crisis Hits Spanish Firms * French companies'
exposure to the Argentinian crisis * Xinhua:
BUREAU OF LABOR STATISTICS, DAILY REPORT, TUESDAY, JANUARY 8, 2002:
A panel of prominent economists chaired by Charles Schultze of the
Brookings Institution has proposed major changes in the way policymakers
use the consumer price index, and it is likely the report will become part
of the
To understand what's happening in the U.S., look at Dean Baker's ECONOMIC
REPORTING REVIEW [Jan. 7, 2002]: summarizing Recession, Then a Boom? Maybe
Not This Time by David Leonhardt (New York Times, December 30, 2001), Dean
writes: This article examines the reasons why a recovery from the current
about conspiracy
by Devine, James
07 January 2002
I agree with Jim D's thesis below. Capitalism is a system, not a policy or a
conspiracy. However, there are many conspiracies hatched by the bourgeois state and
economic administrators as the repressive apparatus which has a primary purpose
Monday, January 7, 2002 - Page A1
The Globe and Mail
GDP value must reflect eco-wealth, report says
By ALANNA MITCHELL EARTH SCIENCES REPORTER
North Americans must radically alter the way they calculate gross
domestic product to take into account the use of each country's
environmental wealth,
Budget follies
by Rakesh Bhandari
07 January 2002 20:27 UTC
--if the spending (and tax cuts) are targeted right, etc.
you are assuming that underconsumption is the problem. See Fred M's
recent reply to Jim D.
%%
CB: Does the Rakesh B/Fred M. position ( cuts in investment
Budget follies
by Doug Henwood
07 January 2002 20:42 UTC
If I were a supply-sider, I'd bellow that my tax cuts aren't
demand-stimulating, a la bastard Keynesianism, but promote investment
by untaxing capital and promote work by increasing the reward to
marginal labor (at the high end).
They say the recession is somebody else's fault and will be over soon.
mbs
%%
CB: Do supply-siders express an aim to lessen recessions'
unemployment etc by their tax cuts for capital, or do they say
recession is a necessary, good thing ?
Thursday, January 10
Teach-in: The Prison-Industrial Complex in Ohio
Speakers: Dan Cahill*, Director of Prisoners' Advocacy Network - Ohio
(PAN-Ohio); Ida Strong, Assistant Director of PAN-Ohio Managing
Director of Citizens United for the Rehabilitation of Errants - Ohio
(CURE-Ohio)
* Dan
Charles Brown wrote:
CB: Do supply-siders express an aim to lessen recessions'
unemployment etc by their tax cuts for capital, or do they say
recession is a necessary, good thing
They're mostly optimists, who don't like unemployment or recession.
Take a gander at Larry Kudlow some Friday
jim, i am unsubbing, and wish pen-l well in the development of
national populism and keynesianism.
rakesh
%
CB: I'm getting deja vu
26 matches
Mail list logo
