I think that Roemer's limit is about money. He don't refer to abolish
money.
In " Critique of the Gotha programme" Marx point out that in socialist
society exchange through money not exist.
MIYACHI TATSUO
9-10.OHTAI,MORIYAMA-KU
NAGOYA CITY
463-0044
JAPAN
[EMAIL PROTECTED]
Comrade
There are
Charles Jannuzi wrote:
However I certainly believe that it does happen - judging by the rapidity
with
which successful technology firms in New Zealand have been bought out by
transnationals as soon as the success became apparent.
What's the basis of their success other than high tech
The Times of India
SATURDAY, MARCH 02, 2002
Asians set to outnumber indigenous Maori in 12 yrs
AFP
WELLINGTON: Asians could outnumber indigenous Maori New Zealanders in little
more than a decade, population statistics showed on Saturday.
Asians now outnumber Pacific Islanders in New Zealand
Michael Perelman wrote:
In case some of you have not seen this yet. I would be
interested in Gene Coyle's take on this.
Sorry to be so slow. I've been traveling and just catching up.
I didn't find this story credible. It conflates the Enron
headline-grabber with the already familiar oil
I wonder how nervous Japan is about its supply of LNG (liquified natural
gas) coming out of Indonesia these days?
Seems as if Japan needs to keep Bush happy about its contribution to the
war on terrorism, and yet is quite dependent on a Muslim country.
Maybe Charles Jannuzi can enlighten?
Gene
Devine, James wrote:
I think that rich people are taught how to behave: for example, they go
to
Phillips Exeter or some other prep school to learn never to dip into
capital and to live off income instead.
My acquaintances and friends at Tigertown in the mid 1970s who had gone to
I like the classical/Marxian class-based approach supplemented with the
Veblen-Duesenberry relative income hypothesis far more than the life
cycle/permament income approach.
Mat writes:
I like the classical/Marxian class-based approach
supplemented with the
Veblen-Duesenberry relative income hypothesis far more than the life
cycle/permament income approach.
I think that all of these approaches have something to add. For example, the
permanent income hypothesis'
From the Mirror (UK)
WHERE IS THIS EVIL AXIS BUSH SPEAKS OF? CHRISTOPHER HITCHENS On the peril of
America's muddled, ignorant hawks
TWO four-letter words - axis and evil - have rightly become the symbolic
phrase for everything that has become risky and dubious and opportunistic
about the
By the way, I had the chance to meet Duesenberry a couple years ago at
the New School and I introduced him to some people and mentioned that he
was the innovator of the relative income hypothesis. He said that
Edward Chamberlain wrote on monopolistic competition and never did
anything else after
I wrote: I think that rich people are taught how to behave: for example,
they go to Phillips Exeter or some other prep school to learn never to dip
into capital and to live off income instead.
Justin writes:My acquaintances and friends at Tigertown [Princeton] in the
mid 1970s who had gone to
Mat writes:By the way, I had the chance to meet Duesenberry a couple years
ago at the New School and I introduced him to some people and mentioned that
he was the innovator of the relative income hypothesis. He said that Edward
Chamberlain wrote on monopolistic competition and never did anything
Michael Perelman wrote:
This is up Ravi's alley.
On Thu, Mar 07, 2002 at 01:54:47PM +0900, Charles Jannuzi wrote:
The internet might have been the darpa-net, but few people know
what darpa really is. It, along with In-Q-Tel, is a way the US
gov't funds 'innovation'. Where innovators
Interesting question. I just got back from a conference in which I hung out
with mid-upper level policy-makers. I get the sense that there is an acceptable
zone for economic policy from the vantage point of the permanent government,
and that, for the most part, lobbying, bribery, etc. move
In this context I'm referring to the specific problem of changing over the installed
capital stock. There is another restructuring problem in the CEE, which is more
social (i.e. social relations of production) and has to do with disseminating a
management system capable of competing with W.
very interesting article; two points, both regarding my personal obsession
with Iraq:
I have sat on an unexploded Iraqi chemical bomb in the Kurdish town of
Halabja, which was ethnically cleansed by fire and poison,
This was no doubt very brave of Hitchens, but the Kurds in Halabja were
killed
Isn't this a bit out of date? The Japanese had been bashed for not running
large fiscal deficits but for the last few years DID turn to fiscal
Keynsianism, and on a large scale (sorry, I don't have the numbers handy).
What is significant - and scary - is how little it has worked. Perhaps
this
Isn't this a bit out of date? The Japanese had been bashed for not
running large fiscal deficits but for the last few years DID turn to fiscal
Keynsianism, and on a large scale (sorry, I don't have the numbers handy).
If it's out of date, I'd like to know. I'm not a student of Japan as much as
I referred to a MONTHLY REVIEW article by Joseph Halevi and Bill Lucarelli
on Japan. It can be found at: http://www.monthlyreview.org/0202halevi.htm
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
Well,
Apparently, you progressive economists got it all wrong. It is
the IQ stupid.
Sabri
-Original Message-
From: [EMAIL PROTECTED]
Sent: Thursday, March 07, 2002 6:25 AM
To: [EMAIL PROTECTED]; [EMAIL PROTECTED];
[EMAIL PROTECTED]; [EMAIL PROTECTED]
Subject: Bell-curve racism for
"Devine, James" wrote:
Pen-l experts on energy issues -- Gene Coyle? -- is Krugman's description of
California's energy emergency mostly correct? all correct? all wrong? mostly
wrong? none of the above?
Jim,
The Krugman piece is, I reluctantly would say, mostly
on target. I'll
It is curious how little notice Duesnberry's book is given. For mine, it
destroys the whole neo-classical analysis once and for all. (One of many such
destructions that have had no discernible result.) I wonder if Duesenberry
would rather distance himself from its implications than fall, be
On other points, R does imprive on Marx.
jks
^^
CB: Like what other points ? The presumption is against you, and the burden of proof
on you.
On other points, R does imprive on Marx.
jks
^^
CB: Like what other points ? The presumption is against you, and the burden
of proof on you.
Says who? But in short, the main two things where I think R improves on Marx
is to to insist (a) that a coherent and defensible notion
[Washington Post]
Charges Of the Site Brigade
By Leslie Walker
Thursday, March 7, 2002; Page E01
Hold on to your wallet: This may go down in Internet history as
the year millions of people started paying for online content.
My digital radar shows a blip of activity in electronic
subscriptions,
From: Ian Murray [EMAIL PROTECTED]
... As part of a redesign of its Web
site, FinancialTimes.com plans to ask users to pay as much as
$140 annually for access to its best content, including detailed
analyses and reports on particular industries and countries.
Well, good luck to them. IMO, the
http://www.feer.com
Buying Time
Japan's latest emergency package doesn't tackle deflation, but
it may avert a financial crisis
By David Kruger/TOKYO
Issue cover-dated March 14, 2002
THE JAPANESE GOVERNMENT'S latest package of emergency measures
to prop up the ailing economy will not meet its
here's a news item that might be of interest, given that textile exports
is very important for B'desh:
--
BANK REPORT SEES DECLINING POVERTY IN BANGLADESH. Poverty level in
Bangladesh, one of the world's most populous Muslim nations, fell over the
last
- Original Message -
From: [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Tuesday, March 05, 2002 6:53 PM
Subject: [PEN-L:23535] Re: Re: Question Romain K.
Question: Why is historical materialism in quotes? And is this different
from what Engels call the materialist conception of
I wrote:
Isn't this a bit out of date? The Japanese had been bashed for not
running large fiscal deficits but for the last few years DID turn to fiscal
Keynsianism, and on a large scale (sorry, I don't have the numbers handy).
Jim Devine writes:
If it's out of date, I'd like to know. I'm not a
I am also no student of Japan! (who is, anyone here...there were some
East Asia watchers down under, no...Rob?)
Anyway, one thing I can say is that the idea of downgrading Japanese
sovereign debt (as Moody's has already done and is considering doing
again) is another case study in
Romain Kroes wrote:
Because historical materialism has become a label.
I don't get it. Literary Criticism has become a label. Frying Bacon
has become a label. We still don't usually put them in scare quotes.
And if your point is that it names lots of contradictory things -- is
ambiguous:
From: Ian Murray [EMAIL PROTECTED]
... As part of a redesign of its Web
site, FinancialTimes.com plans to ask users to pay as much as
$140 annually for access to its best content, including
detailed
analyses and reports on particular industries and countries.
Well, good luck to them. IMO, the
I asked Gil what Veneziani's specific results were, but he didn't seem to
have time to respond. Luckily, I found my copy of Roberto Veneziani's
Exploitation and Time, (London School of Economics: Centre for Philosophy
of Natural and Social Science, discussion paper 47/00). [BTW, he doesn't
just
I wrote:
I'd heard that the fiscal deficits were stop-and-go in nature, perhaps
being cyclical rather than structural in nature (i.e., being due to
stagnation rather than as an effort to fight stagnation).
Paul A writes:
Some rough numbers illustrate:
Budget deficit 1994: 2.2% of
This wouldn't rule out an Enron role in the Oil pipeline, but there
were already enough giant companies fighting each other that letting a
new boy in doesn't make much sense.
Enron was such a mix of things that I think traditional journalism, however
earnest, is missing the forest for
Ravi
i am not sure where charles is going with this post: most VCs do flock
to projects that have been proven elsewhere using somebody else's money
It wasn't my post actually, it was the moderator's. You are referring to one
bit taken from the 'innovations' thread which I butted in on.
I
IMO, the FT is the world's most
overrated
newspaper.
Carl
This is bad news. I don't think it is an overrated newspaper. It
is an important source of information among many other important
sources of information such as The Economist, Wall Street
Journal, Business Week and the like. At
The Times of India
THURSDAY, MARCH 07, 2002
'Nike, Adidas factories still overworked, underpaid'
REUTERS
JAKARTA: Sportswear giants Nike and Adidas-Salomon have taken steps to shed
their sweatshop image in Indonesia but employees are still overworked and
underpaid, a leading aid agency said.
I think the Wall Street Journal leaves the FT in the dust, and I suspect
I'm
not alone.
Yeah, but you need rubber gloves to get through the editorials.
FT's overall content is pretty thin. A lot of the company and markets info.
is out there on the internet so you don't need those pink papers
http://www.atimes.com
Bush shrugs off trade war over steel tariffs decision
WASHINGTON and RIO DE JANEIRO - US President George W Bush's
decision to impose tariffs as high as 30 percent on imported
steel has infuriated key US trade partners. South Korea and the
European Union (EU), two of the
MIYACHI TATSUO, is this an accurate translation of pen-l: 23629? Reply to
follow in separate comment.
I think that Roemer's limit is about money. He doesn't refer to abolish
money.
In Critique of the Gotha programme Marx point out that in socialist
society exchange through (using?) money
Jim writes:
To see a structural deficit, there would have to be (1) legislated tax cuts;
(2) legislated transfer-payment increases; and/or (3) increases in
government purchases. Have these happened in a big way?
Yes. In a very big way (especially #3). And that is why it seems to be
such an
Anthony, do you know about Bangladesh as well as India. Can you give any
context to the article?
On Thu, Mar 07, 2002 at 12:32:04PM -0800, Anthony D'Costa wrote:
here's a news item that might be of interest, given that textile exports
is very important for B'desh:
To URPE Members and Friends:
Sent by: Deb Figart [[EMAIL PROTECTED]]
Friends,
I will be on sabbatical for 2002-2003 and Stockton is hiring a 1-year
replacement. The courses to be taught are flexible/negotiable, but
would likely include some principles. Teaching load is 3-3. If you
would
Sabri, please be more respectful of Dr. Rushton. He will probably win
the Nobel Prize or even imortatlity, I believe, for having discovered
the inverse relation between IQ and penis size.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
Unfortunately I am not professionally well versed about Bangladesh, except
that my parents and numerous relatives are from erstwhile East Bengal,
then East Pakistan, and now Bangladesh. I visted Eats Pakistan when I
was four and Bangaldesh soon after its independence in 1973. I am
skeptical of
The US decision to go down the route of protectionism is a
major setback for the world trading system, said EU Trade
Commissioner Pascal Lamy, who added that the European bloc would
avoid unilateral actions and remain within the WTO.
But the US has its free trade and highly complementary
In response to the overall exchange but this in particular:
Paul A writes:
Some rough numbers illustrate:
Budget deficit 1994: 2.2% of GDP
Budget deficit 2000: 8.0% of GDP
{IMF Country Report Japan}
Don't you think it is fair to say that for most mainstream Keynesians
this
MIYACHI TATSUO, your quote is too long to reproduce.
The only booklet I keep at reaching distance from the period of the
Sino-Soviet debate is On Khrushchev's Phony Communism and its historical
lessons for the World, Comment on the open letter of the Central Committee
of the CPSU,
I am also no student of Japan! (who is, anyone here...there were some
East Asia watchers down under, no...Rob?)
I'll be your sensei, since I've lived here for 12 years and have made a
weekly ritual of reading the Nikkei Weekly and the Nihon Keizai Shimbun (and
BusinessWeek when I need to see
In a message dated Thu, 7 Mar 2002 6:45:01 PM Eastern Standard Time, Carrol Cox
[EMAIL PROTECTED] writes:
Romain Kroes wrote:
Because historical materialism has become a label.
I don't get it. Literary Criticism has become a label. Frying Bacon
has become a label. We still don't
Michael writes:
Sabri, please be more respectful of Dr. Rushton. He will
probably win the Nobel Prize or even imortatlity, I believe,
for having discovered the inverse relation between IQ and
penis size.
Hey,
I always wondered why my IQ is so low. Now I know!..
Sabri
THE JAPANESE GOVERNMENT'S latest package of emergency measures
to prop up the ailing economy will not meet its goal of reining
in the crippling deflation afflicting the nation's battered
companies and debt-paralyzed banks.
I think their imagery is a bit messed up. I don't think you rein in
(BTW, I understand that much of Japan's trade surplus is due to its
economic
stagnation, at least according to the recent article in MONTHLY REVIEW by
Halevi and another author.)
I haven't read the article, so this comment doesn't necessarily pertain to
the particular theory they have.
I continue to have strong disbelief of the Enron and Afghanistan pipeline
story. The profits from such a pipeline would come from producing and selling
oil, not the investment in the pipeline per se. And I haven't heard anything
about Enron having a piece of the oil concessions. Enron,
I think the Wall Street Journal leaves
the FT in the dust, and I suspect I'm
not alone. The WSJ is about the only
major publication that has charged for
online access to its content right along
and apparently has had no problem
getting people to pay up.
Carl
Well Carl,
You should know
I wonder how nervous Japan is about its supply of LNG (liquified natural
gas) coming out of Indonesia these days?
Energy supplies and energy prices are always a major concern in Japan. And
Indonesia has often been a trouble spot when Japan tries to assert any
leadership role at all in Asia.
. And I haven't heard anything
about Enron having a piece of the oil concessions. Enron, furthermore,
has had
for the last two or three years a strategy of not owning hard assets.
They had
been burned on almost all their investments -- water, electric power, etc.
Enron was more like the
If the facts of their timeline check out, then Enron was, true to its rootin
tootin Texas roots, even into exploration in Asia (though as has been noted,
they were dumping fixed assets to raise cash). Another interesting thread is
how Unocal has been interested in buying up Enron assets. And just
Maybe Charles Jannuzi can enlighten?
Well, I probably didn't do that in the last post, but I did neglect one key
bit of information.
Japan redesignated naval assets as 'coast guard' and now coast guard ships
run missions as far south as the Philippines and Indonesia.
Charles Jannuzi
- Original Message -
From: Charles Jannuzi [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Thursday, March 07, 2002 11:07 PM
Subject: [PEN-L:23690] Re: Japan and Indonesia
Maybe Charles Jannuzi can enlighten?
Well, I probably didn't do that in the last post, but I did
neglect one
The International Herald Tribune | www.iht.com
One corrupt city shows the plague that afflicts all of China
John Pomfret The Washington Post
Friday, March 8, 2002
No. 1 problem
SHENYANG, China When investigators searched two country houses
belonging to Shenyang's mayor, they found $6 million
[no mention of the 'Mexico' bailout as a form of
protectionism...]
[NYTimes]
March 8, 2002
Testing His Metal
By PAUL KRUGMAN
Just a few days ago, some supporters of George W. Bush hoped
that he would show his mettle by standing up to steel industry
demands for tariff protection. Instead he
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