Does the U.S. really need an expansive fiscal policy right now?
Unemployment the lowest in decades, real wages rising... Seems to me
we should be talking more about qualitative budget issues - what
money should be spent on (health insurance, child care, enviro
reconstruction, a civilized minimum i
The Repugs are in general retreat on economic
policy, crushed by the neo-liberal debt reduction
juggernaut. The min wage is one of the few
sops to labor that is kosher by centrist neo-lib
standards. Anxious to forestall loss of the House,
many House GOP reps will vote for a min wage increase
(as
Title: Yahoo - Business Leaders Back WTO Agenda
Home - Yahoo! - Help
Yahoo! Messenger - online friends, instant
messaging, voice chat
[ Business | US Market | By Industry | IPO | AP | S&P | Internat
Any of you dudes who have written in a scholarly
mode about the organization of the U.S. labor
movement interested in possible research support
(i.e., $), should drop me a line off-list.
mbs
Let's go back to the videotape for a second.
You said:
" . . . Shahak convincingly argues that racism and a pre-Enlightenment world
view are endemic to orthodox Judaism as it is practiced in Israel today.
Note
that there is no separation of religion and state in Israel, so that this
is a matter o
BN:
. . . Almost all politically active Jews, zionist or not, in the United
States vigorously support the separation of religion and state *in the
United States.* But the overwhelming majority of politically active zionists
in the United States do *not* support the separation of religion and state
BN:
. . . Shahak convincingly argues that racism and a pre-Enlightenment world
view are endemic to orthodox Judaism as it is practiced in Israel today.
Note that there is no separation of religion and state in Israel, so that
this is a matter of no small social consequence. For example, the vast
m
It's not a question of supporting the Klan's rights, but of denying the
mayor's right to decide who can march, where and when.
Hope to see you all (from the NYC area) there tomorrow.
WD >>
The mayor heads the Gov. Denial of the Gov's
power to decide who marches, as far as it goes
Father D:
>> yeah, it's because il Duce would use any power he gets from banning the
KKK against other groups he doesn't like. . . .
The idea of fighting the Klan by bringing in the lawyers not only shows
extreme faith in the capitalist state, but it indicates a belief that
lawyers should rule. I
Interesting case where circumstances reveal to
the left, both far and near, the *practical*
necessity of supporting First Amendment rights
for the KKK.
mbs
- - - - -
Rudy's Foes Rally Behind Evil Spirits
Douglas Monte
ployment. Greenspan is on
record requesting that the Fed charter be amended to
restrict the Fed's mission to price stability. Instead,
I speculate that Fed policy has been easy (relatively!)
out of fear of a bursting bubble and hordes of angry
mutual fund investors.
Max Sawicky
Economic Policy Institute
HK:
>>>>>>>>>>>>>>>>>>>>
Perhaps I misinterpret the statement, the EPI Brief #134 or both, but I
think the "Statement to German colleagues" is in contradiction to main
passages of the recent article on
SOCIAL INVESTMENT AN
. . .
May I add two questions to list members inside the U.S - especially to
those who signed the statement:
1) Who increasingly recognizes the vital role of government to support
different forms of the social security system by expanding public
expenditure? The Clinton Administration? - And wh
See, if you had some golf courses to break up the
woodlands, the fires wouldn't spread as much.
helpfully,
S. the B.
>>
Writing in the midst of terrible smoke from the forest fires, visibility
maybe 1/4 to 1/2 mile, I am pleased to inform you that the Coal Smoke
Abatement
PLEASE NOTE: Responses should be directed to the address at the
end of this announcement.
Researcher (Education)
I12 Education
EPI seeks to recruit a scholar with demonstrated ability to conduct research
and supervise contract research on K-12 education policy.
Possible areas of research incl
More poop on the tax cuts the Repugs have folded
into the minimum wage bill.
http://www.cbpp.org/10-19-99tax.htm
mbs
Perspective
What Congress won't do
10/17/1999
The Star-Ledger Newark, NJ
FINAL
006
(c) 1999. The Star-Ledger. All rights reserved.
The Republican Congress is finding it difficult to achieve their
stated targets for spending and budget balance.
In a search for savings, they are proposin
I was consorting w/some big shots this week, including a few
Extremely Conservative economists to whom Laffer is a figure
of fun, particularly for his self-promoting ways and delusions
of grandeur.
Among the cat hissing re: Mundell was the observation
that apparently Mundell's work implies that a
Final salvo. Here I was pleased to see in Perelman's stats on posting that
I ranked well below the leading blabbermouths, and I'm afraid I've shot that
all to hell in just one day.
Mat: Perhaps I'm thick but I'm not sure what it is you're lookig for. Is it
just alternative indicators? I can't
>blaut: Minority people are not "quintiles."
>
>
>mbs: I guess that responds to my "if you're serious" question.
Wow again.
To return to the real world, does anyone know what interesting
Christmas Ornaments are now being hung on the minimum wage bill?
Brad DeLong
You're right that I slipped when I implicitly equated
aggregate income growth to a decrease in misery. That
implies a distributional judgement.
If the U.S. shoots somebody and an economic effect is
transmitted from the Honduras to the U.S., the effect
is what is in question. As I said, the issu
blaut:
Sawicky's valiant defense of the status quo doesn't need much in the way of
an answer, mainly because the argument is so self-contradictory that even a
cultural-historical geographewr like me can see the contradictions.
>>>
mbs:
"Valiant defense of the status quo"?
So this is going
Charles: Seems to me you leave out that capitalism has generated the biggest
wars in recorded history and archeaology. . . . >>>
I left out that and a whole lot more, including
whether or not capitalism is a great system.
I was asking about something more specific,
namely, are there summary, quan
>> . . . In general, Marxism in 1999 makes these kinds of observations:
1. Development is producing an ecological crisis. . . .
2. Capitalism produces alienation. . . .
3. Capitalism produces reserve armies of the unemployed. This is the
general explanation of revolutionary assaults in Latin Am
Max Sawicky wrote:
>It boils down to this, if you're serious:
>Is it really the case that there is a lack of summary
>measures that indicate a widespread lack of development
>in the periphery over the past 50 years?
Following your strictures not to question GDP as a measure o
Max- Aren't there some alternative indicators of basic human needs
formulated by or inspired by Amartya Sen?
I can try to dig them up. Mat
--
Don't know. I'm not a development guy.
I'd like to know. Remember I said I
would have thought there would be at
least *some* indicat
The premise that capitalism is fundamentally incapable
of delivering the goods -- of managing to increase
output and income more-or-less consistently and
indefinitely -- seems to me the most compelling
part of Marxism. It may be granted that inequality
can be and should be the basis for radical c
>The question was whether much development was
>taking place. Inequality is a different thing,
>important but different.
>
>mbs
There was "development" in the black community in the United States all
through the 1960s. Black factory workers were not mollified by it, however,
and demanded parity
>Translation: I have no data.
>mbs
The question was whether much development was
taking place. Inequality is a different thing,
important but different.
mbs
LP:
. . .
What these figures conceal is the deep anger that is felt . . .
>>>
Translation: I have no data.
mbs
Yes. Depreciation exceeds gross investment. Not
just roads, but a whole range of stuff.
You'd think so. I was going to say it has been
supplanted by deficit/debt hysteria and general
anti-Gov/tax sentiment, but I forgot we just
put a paper up on our web site on polling and
government spending
(thought this might interest somebody on LBO,
so I've cross-posted it from PEN-L)
JD: >
O'Connor argues that government investment programs typically have a
positive ROR (rate of return) but that the government doesn't appropriate
(capture) that return. Instead, the benefits redou
anything I say will be racist, including this
Loyola/Jim Devine-- Vatican Council
Clark/James Craven -- Eudora Software
OU/Dennis Redmond-- Id Software
Eugene Coyle -- Windmills, Inc.
UC/Brad De Long -- Monarch Notes
Rob Shaap-- Fosters Beer
EPI/Max Sawicky -- Jennie Craig, Inc.
and last, but not least . . .
Columbia/Louis Proyect -- Compradors-R-Us, Upper West Side!
mbs
For non-initiates, the three basic conditions for economic efficiency,
without descending into technical jargon, are:
Consumption: for a given distribution of goods and services, there is no
voluntary trade between individuals that would make anyone feel better off;
Production: for a given dis
>From Anthony Carnevale of ETS, writing for Crosstalk,
56% of jobs today require some college education.
(from the National Center for Public Policy and Higher Education,
http://www.highereducation.org
See also State of Working America, 1989-99, p. 215-217.
mbs
>
Does anyo
STRONG INCOME GROWTH, FALLING POVERTY RATES IN '98,
YET INEQUALITY UNCHANGED
Jared Bernstein and Lawrence Mishel
Economic Policy Institute
September 30, 1999
Income and poverty data for 1998, released today by the U.S.
Census Bureau, show that American families are clearly
benefiti
Max Sawicky wrote:
>I have severe self-esteem problems
Randian! The concept of self-esteem was popularized by Ayn Rand's
lover and protege Nathaniel Branden.
>>>>>>>>>>>>>>>>>>>>>>>>>>>
I thought it was Whitney Houston.
("Learning to lo-o-o-ve yourself . . .
is the greatest love of all . .. ")
. . .
People from the Federal Emergency Management Administration were telling Fed
people about how they intended to make sure that checks cleared after a
nuclear attack. . . .
When I was at Treasury in 1984, FEMA was interested in
our work on fiscal equalization -- gearing grants-in-aid
to the
Dear Max,
First you smear me on LBO as a Buchananite. Now promote yourself as a FLOP.
In addition you presented yourself on LBO as an expert on PLOP. Have you no
limits to your modesty?
You have smeared my smear, since I called you a
Buchananite/Naderite, and you overstate
>>
Finally, are other people besides the two Jims, Ricardo, and a few others
interested in this thread? Or should I demand in this cease once and for
all in 24 hours?
Michael Perelman
>>>
I don't know. Are we allowed if we're not historians?
If we raise political issues with language that does
> Advance praise for The Trade-Off Myth:
>
> "Eban Goodstein has shed light on a crucial issue in the environmental
> protection debate. Citizens and politicians should read his book before
> their next environmental vote."
>
> -- Robert Repetto, Ph.D., Senior Fellow, Wor
Max writes:
>My concern is that support for TW struggles is *sometimes*
>associated with pissing all over progressive struggles in
>the U.S. of A. pertaining to the interests of the U.S. working
>class.
1. Max, could you please give me an example--a few would be better, but I'll
take one--that f
W's crime here is profundity, hence some obscurity
and scope for misunderstanding.
If colonial exploitation afforded Europe a key boost
in capital accumulation, for an area that was otherwise
on a par with the rest of the world, why didn't the
colonies-to-be exploit themselves and attain the same
Charles:
This, I have to say respectfully, is wrong:
"Thus, whether those other areas would have become capitalist on their own
is a moot point or somewhat dead issue."
Its a dead issue if we don't worry about contemporary beliefs, Marxist and
non-Narxist, that Europeans always have been the mo
I've said I'm mostly agnostic on the core
question in the debate, though not on its
possible political ramifications, but the
"way-station" argument looks for all the
world like a crock. It doesn't take any
historical knowledge to conclude this--
just a little objectivity.
If England plunders go
Max Sawicky wrote:
> Would that all the anti-imperialism on display here
> was as sensitive to the panoply of other interests
> and concerns of The People.
Max, you are not perchance a guilt-stricken and repentant Weatherman?
Carrol
>>>>>>>>>>>>>
>>>
Well, I, for one, think that the American working class were and are by far
more progressive than, say, Bogdan Denitch on the very question of
anti-imeprialism! At least American people don't want to see their sons &
daughters (and their friends' sons & daughters) dying in whatever 'hot
spots
. . . .
But Max, for example, seems to think that this whole issue of Eurocentrism
is just *so-o-o-o-o* foolish. . . .
>
Hey hey HEY hey hey hey. There is Eurocentrism the
inadequate mode of analysis, what I take to be a
substantive theme in the thread, and one that I
agreed a wh
. . . Essentiaslly the idea was to self-portray a disadvantaged
nation or a group of people as the "messiah of nations" that is, a nation
whose suffering significantly contributes to the 'salvation' i.e.
prosperity of other nations. This way, disadvantaged groups could
vicariously overcome their
The following, including tables, can be downloaded from
our web site at epinet.org
mbs
September 22, 1999 Issue Brief #134
Social Investment and the Budget Debate
by Jeff Faux and Max Sawicky
Budget politics in America have become a two-legged stool. While
congressional
I don't understand why it's not possible to think that the
combination of internal changes within Europe plus imperialism
combined to produce capitalism as we know it. Why is such a
passionate matter of either/or dispute?
Doug
>
Looks to me like the subtext to the essentiality of
coloniali
WS: . . . You also dismiss my argument that you may not have sufficient
empirical evidence to sort out effects of different variables by simply
calling it "babble." Well, my friend, if you ran a multiple regression with
twelve variables plus interaction effects and six cases - you would be
laug
Brad is correct that we all do not need to work on every issue. Maybe he
can
tell us more about Primus's study. Does he come up with anything new?
Brad De Long wrote:
It's on the web at http://www.cbpp.org/8-22-99wel.htm
It's an important paper, the first to signal with empirical
New bumper sticker:
Practice acts of random sectarianism and senseless defeatism.
mbs
> it is up to people like us to ensure that those countries sponsoring the
intervention are pressured into a following a genuinely humanitarian course
>>
>> . . . Our responsibility
is to continue various ra
As one willing to have his mind changed by superior argument, regardless of
its geographical source, what would be the principled Marxist response to
the problems of East Timor? I am sufficiently familiar with the awful
history, and recognise the culpability, complicity, duplicity, involvement,
et
>>I think that all but two or three of the pen-l people opposed the U.S.
bombing of Yugoslavia. . . .
More, actually, who e-mailed me privately.
They didn't want to be called imperialists or
"Euro-centric" for supporting the protection
of innocent people, non-"Euro" ones, no less.
Including a M
. . .
c) a "progressive nationalism" (again, a PEN-L phrase) which, in
advocating WB/IMF defunding, takes heart and strength and
knowledge from the potential unity of the variety of particularistic
struggles against local forms of structural adjustment, malevolent
"development" projects and Br
Charles Brown wrote:
>Victor Perlo is writing TODAY ( but history hasn't really ended)
I know. Believe it or not, I read the People's Weekly World. Every
once in a while you come across a real gem in there - like Jarvis
Tyner's fond farewell to John-John.
Doug
Hey, la
Speaking of Hilferding, anyone know if Finanz Kapital has
even been translated to English, and if so, how to get it
(the book, not the finanz kapital)?
max
Max:
>The gold issue is interesting in a related vein.
>Aside from its relatively (?) negligible industrial
>uses, if gold is no more than a store of value/medium
>of exchange, the accumulation of gold by a country
>would seem to be no different than if Allan Greenspan
>suddenly showered a given n
Everything I've looked at tends to suggest that profits from
non-cotton plantations--sugar, tobacco, et cetera--went to support
elite consumption and not to boost investment...
Cotton, as I said, looks different...
Brad DeLong
By this insight, it follows that the extent of plunder
>The most striking thing in this article was the headline,
>on the Post's front page:
>
>"White Man Gets Mayoral Nomination in Baltimore"
>
>mbs
By the above, I meant the wording of the headline,
not the event itself.
I agree that blacks are less likely to vote race
as whites are.
mbs
Do you
The most striking thing in this article was the headline,
on the Post's front page:
"White Man Gets Mayoral Nomination in Baltimore"
mbs
>O'Malley run the most "rainbow" campaign stressing inter-racial unity over
>divisiveness.
The Washington Post, September 15, 1999:
Martin O'Malley, a
Interesting post on Charm City.
I met Stokes when I was doing my book on privatization
of schools. He seemed like a good egg. He was among the
most outspoken against the EAI contract (to run 9 Balto
schools).
As an outsider, once you get away from the Inner Harbor,
Baltimore looks like a plac
. . .
Hay, I tried to get a few votes for Jerry Brown in the primaries. I, of
course, didn't have a vote. Was I so wrong? Cheers, ajit sinha
No, you weren't. At that time he was the best
hope of shaking up the primaries and averting
the Clinton primary victory we have come to
regret. I tr
. . . Come on,
"progressive economists"! I'd love to sponsor a debate between Darity and
Brad, or between Darity and Wojtek for that matter. . . .
>>
I agree it is worth knowing the extent to which
rents from resource extraction or unfair trade
subsidized the rise of the "West" or the "
>Economic sanctions have always seemed to me a very *good* way to make
>much poorer a lot of poor people who have nothing to do with the
>crimes being committed...
>Brad DeLong
Odd. The African National Congress stated frequently that they supported
sanctions against the apartheid regime, even
The latest assault on elementary human rights
in E. Timor evokes the same ultra-left foolishness,
and on even weaker ground. Based on the two
recent data points -- Kosova and E. Timor --
one suspects this question will recur often
and be a central factor in the development or
disintegration of th
-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]
On Behalf Of Nicola Bullard
Sent: Wednesday, September 08, 1999 3:36 AM
To: [EMAIL PROTECTED]
Subject: URGENT: Act now for East Timor
Friends -
As part of the international effort to maintain pressure on the UN and
th
LP, quoting Steve Shalom:
.. . . But there are some
cases where the level of human rights violation is so massive, where
hundreds of thousands or even millions of lives are at stake, that one
might want to permit some exception to the general prohibition against
humanitarian intervention.
"But wh
Isn't money a graven image?
--
for sure: the eye on top of the pyramid.
those diabolical freemasons.
mbs
>>>
I'm curious how the injunction not to create "graven images" (graven
simply means carved or engraved) means that "all the priests,
ministers, teachers, and other authority figures are liars and
hypocrites."
>>>
Wouldn't that let Moslems and Jews off the hook?
Of course, it is otherwise anti-
at least one comes to mind immediately. Many,
I couldn't say.
Then there was the math grad student -- he hadn't even
finished his dissertation, and evidently never would --
who went medieval on his prof with a sledgehammer.
mbs
true. but what i was proposing would imbue them with som
>
evaluations are important, but not in the form of anonymous spamming or
popularity contest. I'd rather see evaluations by students who graduated
(thus have no ax to grind) . . .
>>>
Au contraire, mon ami, someone could easily have an axe to
grind, and after graduating might be the best tim
Training dogs to be better bone gatherers and increasing the supply of bones
are not mutually exclusive.
>>>
Enough poop has been scooped.
I would say it's time to put this metaphor to sleep.
Clifford the Big Red Dog
The (PPI) analysis is B.S., the weights in the index are
arbitrary, hence the index is b.s., but the elements
of the index are not inherently biased towards factors
that negatively affect workers.
There's an office worker factor, but there are also
manufacturing factors. It's not clear the offic
Win bar bets, embarrass reactionaries, impress
your friends with:
http://www.brookings.org/es/taxpolicy/facts.htm
For instance, there is a table showing that for
the bottom 60% of tax filers, average tax burdens
from 1980 to 1999 have gone down (mostly after
1990). For the fourth quintile, the
Got some new budget numbers the other day and
noticed that my statement that Clinton's
defense outlay proposals are a cut in real
terms is more vulnerable to expectations of
inflation than I had appreciated.
To say the Clinton budget contemplates a real
cut in defense relative to FY1999, one has
Dear Carrol,
What's a fetus?
Regards,
Max
----
Max Sawicky wrote:
> An abortion is not ethically different than an
> appendectomy, so a fetus is the moral equivalent of an appendix. William
> Burroughs gave us talking assholes, and now we have appendices with the
CC
>> So our task -- as in almost all the key issues for the left -- is simply
(!) to find ways to shift the locus of struggle. That is a subject of two or
three years (or decades) of discussion.
>>
mbs: This last is the most self-refuting statement in the entire debate.
But who cares about poli
Latest in the continuing saga, why my name is mud
in Washington . . .
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]
On Behalf Of Ellen Taylor
Sent: Friday, August 13, 1999 4:30 PM
To: Budget News & Analysis
Subject: TAX CUT ALERT!
TAX CUT ALERT!
There is a well-funded and organized campaig
Actually my favorite decade is
the 40's. Lauren Bacall. ("You know how to whistle,
don't ya?")
(
Charles: I don't know. That last sentence is sort of ambiguous and gives the
impression of a sort of sexist innuendo.
Charles Brown
))
Lauren Bacall, archtype of the
Gee who could have imagined my remark would provoke
anybody.
Point One: I responded to Professor Perelman's query,
which I took to mean how a dialogue might be had, or
why isn't there more dialogue. I don't think I suggested
we return to the 50's. Actually my favorite decade is
the 40's. Laur
.. . .
How much was the abortion issue manufactured? By that I mean, how much did
organizations frame the question in such a way that dialogue would be
impossible in order to create the divisiveness associated with abortion?
.. . .
As lone as someone assigns an absolute right to either
the
Dear IWGVT:
You ought to think of getting someone to
produce a longish paper along the lines of
"Value Theory for Idiots." Maybe "Value
Theory for Neo-Classical Economists."
Something not designed to prove VT can
be as obscure or elegant as NC theory.
Ideally it would convey examples of the
pract
>From my friend Mark Weisbrot at the Preamble Center, a
column distributed by Knight-Ridder/Tribune Media Services
to fine and not-so-fine newspapers everywhere.
mbs
_
What Everyone Should Know About the Budget Debate
Mark Weisbrot
Preamble
It's finally happened. Republican proposed defense spending
is below both Clinton's and the Congressional Democrats.
Put that together with the last eight years of military
activities and the Dems are now the party of a strong
defense (sic), while the GOP edges back to it's pre-1940's
alignment.
ANTI-FASCIST VICTORY IN WASHINGTON
Nazis Lose Another Fuehrer In Wake of Cancelled Demo
.. . .
>>>
What a waste of effort. A great fuss was made about this
march by the media and the city (the latter spending a
million or so for police mobilization). Four nazi
demons
>> . . .
It is interesting that (as far as I can tell) Barry never brings up Max's
point, i.e., that the projected surplus is based on the assumption of real
cut-backs in the services provided by the Federal government. It fits with
his major themes.
>>
mbs
There's plenty of surplus left, even wi
For your entertainment pleasure, attached is a Word document (about 19
pages) -- the Treasury's report on the benefits of debt reduction.
mbs
0804 debt report.DOC
Guess who said it.
" . . . By using anti-population "dumb" bombs for "area bombing," Clinton
has abandoned all pretense that his accelerating air strikes are aimed only
at military targets. His Administration has already had to apologize 13
times for what he calls "collateral damage," including
For the life of me, I don't know why I didn't know why the projected
surpluses of the US government are to some extent based on the assumption
that certain civilian discretionary programs will continue to be cut... Did
you mention this, Max?
>>
As the president would say, it all depends on
what t
If you want I can send you the poop on the Federal sector
in the U.S. It's a 500K Acrobat file. Don't have anything
on other countries.
Max
-Original Message-
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of Patrick Bond
Sent: Thursday, July 29, 1999 10:52 AM
To: [EMAIL
For a "virtual" debate between Mr. McKibben and yours truly
that begin on 12/23/97, see "The Future of Consumption" at:
http://bsd.mojones.com/hellraiser_central/forum/index.html
mbs
---
Lou,
I was surprised to see you uncritically post a piece by Bill
McKibben. His bourg
Date: 27 July 1999
From: [EMAIL PROTECTED]
Kosovo Atrocities Recounted In Detail
(New York, July 27, 1999) -- Human Rights Watch today released a detailed
report on how Serbian and Yugoslav forces besieged and terrorized the
ethnic Albanian population of Glogovac town and the surrounding villag
what setbacks?
mbs
/
One of our former Chiefs, a Siksika Chief, was invited to speak to a group
in Canada. He was really taken with them as they appeared to "really listen"
as opposed to the Tories, Liberals and NDP. He later found out that they
were Reform Party,
Anyone know about the content and perspectives of this magazine?
Jim C
>>
Looks reliably left-progressive to me. Only hinky part is they
run Alex Cockburn. I wouldn't worry about it.
mbs
Title: WOBBLER Virus Hoax
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N
In following Louis' link to the Bill McKibben
piece, I found one by Gary Wills on Jesse
the Body which I thought quite good. Here's
a choice excerpt regarding Pat Buchanan's
abortive attempt to curry favor w/Jesse and
the Reform Party:
"It is a measure of
Buchanan's desperation that, after his
Jim C:
" . . . Yes, these debates are indeed "tiresome" for those removed from the
ugly realities of genocide that occurs every day in the US. . . . "
For the record, removed as I am, the word "tiresome" in
reference to this topic was employed by Brother Perelman,
and by no other (except insofar
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