Re: HDI, GNP and the PPP factor

2004-07-25 Thread Ulhas Joglekar
Paul wrote: BUT, using the PPP technique I described in earlier posts, the World Bank also calculates an imputed (imaginary) GNI. For the same group of countries this calculation boosts their Gross National Income from $6.1 to $20.5 trillion! This is a 320% increase - but just on paper

Re: phones and human welfare

2004-07-25 Thread Chris Doss
--- Devine, James [EMAIL PROTECTED] wrote: awhile back, a pen-pal from Bolvia forwarded a message from Chile. There, the home of the first neo-liberal revolution (in 1973) -- the cult of the cell phone had gone so far that some drivers had whittled fake ones out of wood so that they could look as

Oink-oink

2004-07-25 Thread Louis Proyect
NY Times, July 25, 2004 For Corporate Donors, the Restraints Are Off By GLEN JUSTICE WASHINGTON, July 24 - As the political conventions begin, corporate big spenders, who have been restrained by new campaign finance laws, finally can cut loose. The Raytheon Company, IBM and Fidelity Investments

George Soros and the Democratic Party

2004-07-25 Thread Louis Proyect
NY Times Magazine, July 25, 2004 Wiring the Vast Left-Wing Conspiracy By MATT BAI (clip) By the time this election year ends, George Soros will have contributed more than $13 million to the independent political groups known as 527's. (The term is shorthand for the section of the tax code that

Re: HDI, GNP and the PPP factor

2004-07-25 Thread Chris Doss
Relative prices in different parts of the world would have to be considered to obtain a fair picture of relative incomes. I can buy a banana for 3 cents in my city (Pop. 15 million). How much a banana costs in New York? Ulhas They are about $1 a kilo in Moscow (not exactly

Re: Oink-oink

2004-07-25 Thread sartesian
Your tax-cut dollars at work. - Original Message - From: Louis Proyect [EMAIL PROTECTED] To: [EMAIL PROTECTED] Sent: Sunday, July 25, 2004 5:25 AM Subject: [PEN-L] Oink-oink NY Times, July 25, 2004 For Corporate Donors, the Restraints Are Off By GLEN JUSTICE WASHINGTON, July 24 -

Re: HDI, GNP and the PPP factor

2004-07-25 Thread sartesian
5 for a depreciated dollar on street corners in lower Manhattan. - Original Message - I can buy a banana for 3 cents in my city (Pop. 15 million). How much a banana costs in New York? Ulhas

Dear Peter Coyote

2004-07-25 Thread Louis Proyect
As the driving force behind an open letter in support of the Cobb-Kerry campaign, I am a little perplexed over whence you derive your authority. Is it the fact that you star in the cable tv series 4400, about people who were abducted by space aliens? Frankly, I would be far more impressed if Fox

Re: Dear Peter Coyote

2004-07-25 Thread sartesian
Give 'em hell, Louie! Don't back down. No matter how much they bully you, threaten you, you go Louie, you two-fisted battler for humanity! You are the Hulk Hogan of the open letter, and all that's good and right in the world. And I for one look forward to supporting you in your open letter

Re: Dear Peter Coyote

2004-07-25 Thread Louis Proyect
sartesian wrote: Checked for splling. Then you should ask for your money back. -- Marxism list: www.marxmail.org

Re: HDI, GNP and the PPP factor

2004-07-25 Thread Paul
Michael and Yoshie write: Yoshie, you are not the only one that has been pestering Paul. Michael Perelman Paul, why don't you put together your notes on the PPP factor that you've posted here and publish it as an article for the general audience? -- Yoshie Many thanks, the encouragement is much

Re: HDI, GNP and the PPP factor

2004-07-25 Thread Paul
Ulhas Joglekar writes: Relative prices in different parts of the world would have to be considered to obtain a fair picture of relative incomes. I can buy a banana for 3 cents in my city (Pop. 15 million). How much a banana costs in New York? Thanks for bringing this up. Hold in your mind your

Nepal: The decline of the Monarchy

2004-07-25 Thread Ulhas Joglekar
The Hindu Sunday, Jul 25, 2004 The decline of the palace [King Gyanendra faces dwindling support. -- Photo: AP ] TWO INCIDENTS earlier this month, the details of which were reported in the Nepali press, confirmed for many their fears about Crown Prince Paras. Last Saturday, the Prince stormed

Russia/Yukos: the first renationalization in the country's post-Soviet history

2004-07-25 Thread Chris Doss
Like I said. Thursday, July 22, 2004. Page 1. Investors Caught in Yukos Crossfire By Catherine Belton Staff Writer Shocked investors continued to pile out of Yukos stock Wednesday, a day after the government raised the stakes in an increasingly vicious battle with the company's owners by saying

Re: HDI, GNP and the PPP factor

2004-07-25 Thread Ulhas Joglekar
Paul wrote: The PPP numbers ARE used to show that neo-liberal policies in India would be better for India. I don't know what you mean neo-liberal, but nobody is using _PPP numbers_ in India to support neo-liberal policies. Nor anybody in India is opposing _PPP numbers_ to justify Marxists or

Advert for self

2004-07-25 Thread sartesian
The American Plan Time was, not so long ago,when the decline of the dollar was seen as the end of "US hegemony," and the re-ascent of Europe, as if there ever had been, or is, anunified entity called "Europe." The dollar's depreciation was supposed to be an indication of Europe's, as if

Re: Advert for self

2004-07-25 Thread sartesian
Excuse me, forgot to add: http://www.thewolfatthedoor.blogspot.com - Original Message - From: sartesian To: [EMAIL PROTECTED] Sent: Sunday, July 25, 2004 12:17 PM Subject: Advert for self The American Plan Time was, not so long ago,when the decline of

Re: HDI, GNP and the PPP factor

2004-07-25 Thread Michael Perelman
Economics is all about measuring in measurable. I was reading this week about scientific racism in Victorian England, where people tried to develop mathematical measures of how close various peoples came to being Africans. These measures showed the Irish were almost Black. Such matters were

Re: HDI, GNP and the PPP factor

2004-07-25 Thread sartesian
Speaking of scientific racism, ever read Chase's Legacy of Malthus? Best work on it, I think. - Original Message - From: Michael Perelman [EMAIL PROTECTED] To: [EMAIL PROTECTED] Sent: Sunday, July 25, 2004 10:01 AM Subject: Re: [PEN-L] HDI, GNP and the PPP factor Economics is all

Re: HDI, GNP and the PPP factor

2004-07-25 Thread Paul
Ulhas writes: I don't know what you mean neo-liberal, but nobody is using _PPP numbers_ in India to support neo-liberal policies. It is buried in the statistics they (the neo-liberal proponents) use. For example, on Thursday you helpfully posted the Financial Express's article on the

Re: HDI, GNP and the PPP factor

2004-07-25 Thread Ulhas Joglekar
Paul wrote: It is buried in the statistics they (the neo-liberal proponents) use. I was making a simple point that the debate on economic policy in India has little to do the utility of PPP numbers. Paul was trying to show how PPP numbers overstate the economic growth in the developing

Re: HDI, GNP and the PPP factor

2004-07-25 Thread Carrol Cox
Ulhas Joglekar wrote: I was making a simple point that the debate on economic policy in India has little to do the utility of PPP numbers. But apparently _our_ understanding of that growth has much to do with those PPP numbers. Your post on growth in India incorporated those numbers, and we

Re: HDI, GNP and the PPP factor

2004-07-25 Thread Michael Perelman
On measuring the unmeasurable, 3.5 centuries ago, Sir William Petty, was devising ways to measure the economy. I wonder how silly we will look in the future, unless we continue to destroy the future. Routh, Guy. 1977. The Origin of Economic Ideas (New York: Vintage). 45: In comparing wealth

Re: Subject: Re: Suicides, Military and Economic

2004-07-25 Thread Anthony D'Costa
Yesterday my school buddy returned after having spent 2 months in Hyderabad, the capital of Andhra Pradesh. He is an IT guy so he attributed the suicides partly to water shortage, consistent with limited monsoon rain in the region. But what he said was that Chandra Babu Naidu the laptop toting