Re: Re: Yen still overvalued
by Peter Dorman
05 March 2002 22:33 UTC
Thread Index
Let me try another tack here. My understanding has been that Japan has
been historically locked
Those who theorize the possibility of Japanese capitalism being
reformed peacefully--despite some painful short-term
adjustments--into a mature, high consumption and slow growth society
seriously misunderstand the nature of capital and the violence by
which it can only move forward as long as the
Jim D wrote:
It's interesting that a foreign-tradefinance expert like PK never mentions
that a lot of the steel industry's problems recently have been due to the
steep appreciation of the dollar (relative to its biggest trading partners)
since 1995.
__
Yet this raises the question: if the
Those who theorize the possibility of Japanese capitalism being
reformed peacefully--despite some painful short-term
adjustments--into a mature, high consumption and slow growth society
seriously misunderstand the nature of capital and the violence by
which it can only move forward as long as
I believe that it is a disservice to Marx to make him out to be an
academic economist trying to work via theorems.
Obviously he wasn't an academic. Maybe you are responding with the
prickliness of an unorthodox economist to thwe word in ana instititional
context where the expexctation is that
Dear Comrades,
RedGlobe has been updated with quite many articles since our last mailing.
Please note that articles can be commented and that a posting feature is
available for registered users.
If your computer stores interesting photos and images, you might make them
world available with
The Times of India
SATURDAY, MARCH 02, 2002
China to overtake Japan as top customer: Intel
REUTERS
TOKYO: Intel, the world's top computer chip maker, said on Friday that China
was set to overtake Japan as its largest Asian customer within two years.
The Chinese market has been very strong in
G'day Matt and Japan watchers,
Another couple of contextualising articles - the first pointing to the
preparing-31/3-positions thingy and the second featuring the
ever-worrying (ergo generally compelling) Charles Roach, as he pursues
the Kenichi Ohmae line Sabri and Charles J. have been
The existence and inevitability of exploitation under capitalsim was important
to Marx, but the explanation of profits was not a central concern. You cannot
prove that agriculture [Physiocrats], ownership of capital [Smith] or surplus
capital is the source of profits.
Justin Schwartz wrote:
I never said that he was not using theory.
Ian Murray wrote:
- Original Message -
From: Michael Perelman [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Friday, March 08, 2002 8:55 PM
Subject: [PEN-L:23729] Re: Re: Re: Re: Re: Marx vs. Roemer
I believe that it is a disservice to
This is an interesting way to think of the CAFE mileage standards -- as a form
of protectionism. Steel, automobiles, sugar. What else is on the list?
Gene Coyle
Charles Jannuzi wrote:
How is it that the government spent all that money on technologies to save
gasoline and protect the
Peter,
The case of Slovenia is, I would suggest, somewhat unique. Since
the economy was already a (managed) market economy, it was
not necessary to establish the institutions of markets, with the
exception of the capital market where the existing capital market
had been replaced by a
After all, for value to be surplus, you need a notion of what it is
that is surplus.
Justin, the surplus concept has to be thought through. It would be
very helpful if we could do this on the list.
I think one of the ironies of economic thought here is that while
Marx criticized Ricardo
Rob's articles on Japan are interesting with respect to our earlier
discussion about the danger of a flight from the dollar -- whether it would
threaten the U.S. financial structure. Here we have a description of a
rush to the Yen, which should have a similar but smaller effect. It is too
soon
michael perelman wrote:
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.
I know this is a joke, Michael, but the bourgeois science thinks
Rushton is a
Since most of us do not know much about Turkey, is Dervis telling
anything like the truth?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
michael perelman wrote:
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.
I know this is a joke, Michael, but the bourgeois science thinks
Rushton is a
The existence and inevitability of exploitation under capitalsim was
important
to Marx, but the explanation of profits was not a central concern. You
cannot
prove that agriculture [Physiocrats], ownership of capital [Smith] or
surplus
capital is the source of profits.
This strikes me as
World Bank sets up accounting back-office in India
http://www.ciol.com/images/reuters.gif
The World Bank is setting up a major accounting office for its global
operations. The centre would handle payroll processing, accounts, travel
management, trust funds accounting and country office
As a follow-up to Michael's question, I'd like to know the specifics of
Turkey's economic program, and its results so far. If there is somewhere on
the web I should check this out, please provide urls.
Many thanks,
Alan
At 3/9/2002, you wrote:
Since most of us do not know much about
http://64.29.208.119/guest.htm
Guest Commentary, by Rob Parenteau
The unanticipated consequences of an incomplete recession
March 8, 2002
Rob Parenteau is a global strategist for Dresdner RCM.
There can be no question the recent recession was different this time
in
composition and
Friends,
This is a post to
WSN from someone I was planning to meet when I was in Turkey but we couldn't get
together because of some "technical difficulties". Hopefully next time. His
English is not perfect, but hey, neither is mine. Isuspect that with
"revaluations" below he means
I don't know whether other listers are as 'allergic' to MIME or HTML
formatting I am, but just in case others are, I thought I would make
this interesting post available in plaintext. cbc
Original Message
Subject: [PEN-L:23754] FW: Reply to Islamic State Discussion
G'day Michael,
I think the 'incomplete recession' argument is pretty convincing,
myself. The recent upturn in capital investment is not just a response
to depleting inventories; it must also be an expression of faith in
continued consumer demand. With consumer debt amounting to 73% of GDP
(see
Someone (Jim D.?) posted a Business Week article a few days ago that
said that the Japanese initially kept consuming when their stock market
first fell, but after a while ...
[EMAIL PROTECTED] wrote:
I'd also appreciate pen-pals' views as to why (a) indebted US consumers
have maintained
I see the hair-shirt left-wing gloomster crowd is at it again wringing their
hands in ghoulish glee at the misery that will befall the working class and
lead lickety-split to the final conflict. When will you guys ever learn
that rotten and corrupt as it is, capitalism provides the best damn
26 matches
Mail list logo
