- Original Message -
From: Michael Perelman [EMAIL PROTECTED]
==
For a complementary take:
http://www.brazil.ox.ac.uk/workingpapers/dePaula28.pdf
Expansion Strategies of European Banks to Brazil and their Impacts on the
Brazilian Banking Sector
The paper aims at
http://www.sbs.com.au/insight/insight_set.html
Now to the battle raging for the hearts and minds of Australian voters.
Today the Government and Opposition slugged it out, yet again, over tax. The
Opposition claimed the Government had a secret plan to increase the GST if
re-elected - a claim
Free marketeers putting on a poor show
By JAMES K. GALBRAITH *THE AGE*
Friday 27 July 2001
Adam Smith, the patron saint of free markets, had a
clear-eyed analysis of inequality. Servants, laborers and workmen of
different kinds, he wrote, make up the far greater part of
Thanks for the reply, Alex.
Keynesian managed globalization -did such a thing ever existed?).
Well, Jamie called the quarter century after the War 'managed globalisation'
(or something very like it). I thought it an interesting characterisation,
too, but then, Keynes did talk to the Americans
Nobody intended for the tax cut to have a Keynesian
effect, even w/no spending cuts. If you're a
keynesian, it's too small ($40b this year) and
maldistributed. If you're not, its size is
irrelevant.
mbs
In any event, J. Galbraith is, IMO, right in stating that if behind a tax
cut there comes
Alex Izurieta wrote,
Less unlikely, but not highly probable either, would be a sort of
worldwide coordinated reflation.
But _given the alternatives_ doesn't the normal improbability of such a
response take on at least a more intense hue of possibility? The
institutional skeleton is there,
What about glomming onto Bob Greenstein CBBP, projections with that
program #er crunchin' gizmo he has?
Michael Pugliese
- Original Message -
From: Max Sawicky [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Thursday, July 26, 2001 8:20 AM
Subject: [PEN-L:15563] RE: Jamie Galbraith
?
What about glomming onto Bob Greenstein CBBP, projections with that
program #er crunchin' gizmo he has?
Michael Pugliese
Actually, I recently read something by Scholes where
he admitted the importance of the normal distribution
assumption and admitted that it does not hold.
After initially following Mandelbrot to advocate the
asymptotically infinite variance Pareto-Levy distribution,
Fama later did some
, August 23, 2000 4:43 PM
Subject: [PEN-L:768] Re: Re: Jamie Galbraith on Long Term Capital Management
At 03:56 PM 8/23/00 -0400, you wrote:
Actually, I recently read something by Scholes where
he admitted the importance of the normal distribution
assumption and admitted that it does not hold
At 03:56 PM 8/23/00 -0400, you wrote:
Actually, I recently read something by Scholes where
he admitted the importance of the normal distribution
assumption and admitted that it does not hold.
was this before or after the Long-Term Capital Managment debacle?
Jim Devine [EMAIL PROTECTED]
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