1191 School St.
Indiana, Pa. 15701
Phone: 724/463-3993
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
NTMail K12 - the Mail Server for Education
At 07:23 PM 12/5/01 +, you wrote:
There is an almost complete blackout on the situation in the Kandahar
area. No longer are we even getting the coverage we got before the fall
of Kabul and Mazar e Sharif. This is no accident. No tv images with the
on the front journalists. No more are our
At 11:53 PM 12/4/01 -0800, you wrote:
Then the laws of probability should correspond to
human behaviour in as much as they do to the behaviour
of inanimate matter, and they do not.
some human behavior is predictable, though much of it is not. The big
problem with statistics as applied to human
that wealth? Maybe in Saudi Arabia...]
Jim Devine [pen-l's reporter in Culver City, CA] [EMAIL PROTECTED]
http://bellarmine.lmu.edu/~JDevine
do, but it's
sometimes worthwhile.)
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine Segui il
tuo corso, e lascia dir le genti. (Go your own way and let people talk.) --
K. Marx, paraphrasing Dante A.
to Empire
snipped
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
(1) sell heroin futures short
and (2) sell the War on Drugs short.
Hey, maybe this will kill the War on Drugs. If so, that's good news.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
At 01:24 PM 11/13/01 -0600, you wrote:
Do I detect jest in this post? The Taliban is involved in the drug trade.
Officials in cities where production is heavy have publicly admitted they
cannot control production and that they will not because they need the
support and the farmers need the
a normal crop, without any promise
of possible big winnings.) This would be reinforced if consumer countries
like the US were to fight drugs using education and treatment instead of
using troglodyte tactics.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
Chris Burford writes: Torture was especially used in Europe from the middle
ages at the time of the rising bourgeois state. It is interesting that it is
becoming a credible need at a time of turbulence in the creation of the
international Empire.
I'm not sure that this historical analogy works.
airport
screeners, while Republicans prefer to subcontract the job to private
companies
[for more, see:
http://www.latimes.com/news/printedition/suncommentary/la-90118nov11.sto
ry?coll=la%2Dheadlines%2Dsuncomment]
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
Donald Rumsfeld, the defence secretary, told a news conference in India
this week that the war would not take years. The week before, at a briefing
in the Pentagon, he had compared the bombing of Afghanistan to that of Japan
in the second world war, the point being that the latter had taken more
In response to a conversation about a new automobile (called the Pod, I
believe) that is highly computerized and talks to the driver, my 11-year-old
son Guthrie said: It's HAL on wheels!
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
Title: please post this notice about the Nov-Dec issue of CD
Cy should have also mentioned that I have a piece in the next
issue of Canadian Dimension.
- Original Message -
From:
Cy
Gonick
To: [EMAIL PROTECTED] ; [EMAIL PROTECTED] ; [EMAIL PROTECTED] ; [EMAIL PROTECTED]
) the World Trade Organization's leading decision-makers.
d) Rupert Murdoch and the board of directors of News Corp.
e) the fashion industry.
f) all of the above.
g) none of the above.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
world to consumers.
hey, cool! we can see if Irving Fisher's debt-deflation theory of
depressions works.
I hope it doesn't.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
NTMail K12 - the Mail Server for Education
are in Malaysia, Taiwan, Thailand and Indonesia.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
NTMail K12 - the Mail Server for Education
causes a movement against that
state. If we're lucky (i.e., if there's a break from the current trend),
the movements against the world state will coalesce into a movement for a
_democratic_ world state.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
that the public can help bring
about. We need worry no more about the Gulf than we do about the Costa Brava.
· Dan Plesch is senior research fellow at the Royal United Services
Institute. This is an edited version of his contribution to Tuesday's
Guardian-RUSI conference. [EMAIL PROTECTED]
Jim Devine
At 05:30 PM 11/1/01 -0500, you wrote:
The Day The World Came To Its Senses?
By Bill Moore
October 07,2001
it looks like Shell wants to monopolize the supply of non-oil energy
sources before they take hold...
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
into
refugees, and disrupted aid. Even if, like the war on Milosevic, it were to
succeed after 78 days, al-Qaida would still be at large and fighting on.
[EMAIL PROTECTED]
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
I thought I was sending this to pen-l, but it was only to Sabri. Pen-l may
be interested.
Date: Tue, 30 Oct 2001 11:47:40 -0800
To: Sabri Oncu [EMAIL PROTECTED]
From: Jim Devine [EMAIL PROTECTED]
Subject: Re: A sharp V-shaped economic downturn and recovery?
thanks for this. I have a few
in Political Economy. vol. 14: pp. 119-194.] See also my 1983 article Underconsumption, Over-Investment, and the Origins of the Great Depression. Review of Radical Political Economics. 15(2): 1-27.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
Doug wrote:
Jim Devine wrote:
Fisher's theory appears in Fisher, Irving. 1933. The Debt-Deflation
Theory of Great Depressions. Econometrica 1: 337-57. It was also
published as a book. This theory has appeared in orthodox mainstream
textbooks, but not often.
Hyman Minsky has a somewhat
At 04:13 PM 10/30/01 -0500, you wrote:
Jim Devine wrote:
what did he [Minsky] say? I can imagine he said that Fisher's
debt-deflation depression couldn't occur nowadays. He may still be right.
It's been ages since I read it, and my copy is in storage in my parents'
garage, but as I remember
or are trivial.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
-898-5901
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
. The adjustment will be
painful, but the
prospects thereafter are exciting.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
.
Andrew Simms works for the New Economics Foundation and is writing a book
about ecological debt.
[EMAIL PROTECTED]
Guardian Unlimited © Guardian
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
a potential, one that may never be achieved. Actual
political organizing, etc., is needed.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
in case anyone was wondering, the think-piece on the new Cold War was by me.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
., up to the early
1980s) in my 1983 REVIEW OF RADICAL POLITICAL ECONOMICS. Also, as noted
above, the underconsumption cases are not the _only_ reasons for crises
under capitalism.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
to be accumulated and an
increasing proportion of accumulation tends to be invested, (p. 187). In
my theory, in some historical eras, it's the rate of surplus-value that
rises. I don't make any behavioral assumptions about the ratio of
accumulation to surplus-value.
Jim Devine [EMAIL PROTECTED] http
on the assumption that the OCC rises steadily over time,
it's got serious problems.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
when was the US system of postal savings accounts abolished? why? (When did
it arise?)
when did the US savings loan system arise?
why did credit unions become popular and when?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
War.
Similarly, the Vietnamese weren't puppets of the Russians and the Vietnam
war wasn't just a campaign in the broader Cold War.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
discovered the missing dialectic in the equal exchange of necessary
labour ...
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine Segui il
tuo corso, e lascia dir le genti. (Go your own way and let people talk.)
-- K. Marx, paraphrasing Dante A.
, remarked: I cannot think of a time when
we have had a region emerge as suddenly to become as strategically
significant as the Caspian. But the oil and gas there is worthless
until it is moved. The only route which makes both political and
economic sense is through Afghanistan.
Jim Devine [EMAIL
,
ethnicity, and the like inside the country.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
member, Bin Workin. Police are confident that anyone who looks like Bin
Workin should be easy to spot, and employees are asked to look for and
report any sightings.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
of violence is that it is a descending spiral,
begetting the very thing it seeks to destroy... Through violence you may
murder the hater, but you do not murder hate.
-- Dr. Martin Luther King, Jr.
Killing for peace is like fucking for virginity.
-- Vietnam era antiwar slogan
Jim Devine [EMAIL PROTECTED
regularly
turn out to be wrong.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
/TodaysPapers.asp).
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
power to market forces (and central banks, for that matter). And it means
my reputation is firmly on the line.
Now turn that machine back on and make sure this is turned into the usual
nonsense.
[EMAIL PROTECTED]
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
such as Japan and Europe, which still have room for monetary or
fiscal easing, would be wise to use it. Low inflation and budgetary
discipline are fine long-term goals, but they are best put aside when the
world economy is flirting with such a deep recession.
Copyright © 2001 The Economist
Jim
to be a bit too hagiographical.)
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
the newest stuff from pen-l.
and people say that ObL is the big problem.
;-)
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
?)
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
,
high-employment/high-wage profit squeeze, scarce raw materials profit
squeeze, or a combination of these. See, for example, my article on the
Great Depression at http://bellarmine.lmu.edu/~jdevine/depr/D0.html.
Section 1 (d1.html) is where I deal with crisis theory in general.
Jim Devine [EMAIL
who is Eric Rudolph?
At 11:47 AM 10/19/01 -0700, you wrote:
I wonder if capturing Eric Rudolph would be good practice when the U.S. in
locating ObL?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
Jim Devine [EMAIL
/Faculty/JDevine/subpages/depr/d0.html or
http://bellarmine/~Jdevine/depr/d0.html.
I hope that the insulting reference to the WSJ also helps counteract the
insulting suggestion that I support ObL. With luck, all insults cancel out.
For me, they simply indicate the quality of those who use them.
Jim
not tend to increase sufficiently.
I don't know of anyone who thinks that the rate of exploitation would
decrease secularly. Any tendency for this to happen would be counteracted
with what's crudely called a capital strike.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
curve.
Of course, I don't believe in the theory presented above. Some other time,
I'll give my take on this issue.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
appears in front of a huge US flag (like Patton in the
movie). The headline: Pro-War Rally (or something like that). For the
on-line version, see
http://www.dailynewslosangeles.com/news/articles/1001/18/new02.asp.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
-Debreu model falls apart,
since it can't handle having more than one different kind of
imperfection. So even though the efficiency wage theory makes some
sense, the W-A-D framework that it's used in should be flushed down the
commode.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu
. With quiet police work, not noisy war work.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
?
or that the mythical self-curative forces of the market will work?
the last refers to the effects of falling prices, which are likely to spur
a deeper recession (as debt loads get worse).
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
At 11:07 AM 10/5/01 -0400, you wrote:
the question i have for michael perelman is: do economics professors
and theorists usually frequent lap dancers? ;-)
I never inhaled.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
Street.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
that is put forth in the media and the textbooks.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
by Michael Perelman.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
turned to the
same Orientalist language he's spent his career attacking.
For example, he recently derided the terrorists for their
primitive ideas, magical thinking, and
lying religious claptrap.
is this true?
Jim Devine [EMAIL PROTECTED]
http://bellarmine.lmu.edu/~jdevine
attack survivors should not aid
surviving members of gay partnerships.
Jim Devine [EMAIL PROTECTED]
http://bellarmine.lmu.edu/~jdevine
Eerily reminding me of old pen-l discussions of the US/NATO war against
Serbia, today as I was driving into work, US NPR quoted the spooky
STRATFOR's leader for information about US psychological warfare against
Afghanistan.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
of alert (and fear), which
isn't justified until the end.
Or at least that is the theory.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
in the lab. At the end, it
turns out that there's a little bit of Godzilla in all of us.)
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
the
whites. This probably reinforced the normal academic propensity to engage
in ivory-tower thinking.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
of Economics and the author of The World at 2000
he used to get published in the NEW LEFT REVIEW a lot. He seems to have
gone establishment. If I remember correctly, he was one of those who was
unhinged when the USSR fell, since he admired that country to some extent.
Jim Devine [EMAIL PROTECTED] http
to work there to the well-protected
parking lots from the toney suburbs.
right. Profs wouldn't take public transportation and would drive in from
the suburbs. Those who live in Hyde Park would drive through the DMZ.
why endangered?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu
in a service industry will show up as excess
capacity [e.g., unused airplanes] or as 'inventory' of underutilized
employees. -- Baily Friedman, MACROECONOMICS, 2nd ed, p. 66.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
class segregation in the U.S. I think this has a lot more to do with the
alleged aversion of Americans to mass transit than the love of the
automobile.
absolutely!
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
of the market will work?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
on Saturday?
aren't you glad that Osama bin Laden's brand of simplistic and bloody
thinking is taking hold amongst the pundits?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
standards are, Michael. More transparency, please!
Doug
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
Date: Wed, 03 Oct 2001 08:04:08 -0700
To: Austin, Andrew [EMAIL PROTECTED]
From: Jim Devine [EMAIL PROTECTED]
Subject: RE: [PEN-L:17980] Re: RE: Evidence against bin Laden
At 07:47 AM 10/03/2001 -0500, you wrote:
The Taliban is a
brutal atavistic and patriarchal regime.
so is the Saudi Arabian
create
martyrs (and US NPR said this morning that ObL _wants_ to be a martyr),
encouraging an even stronger movement in the future. Israeli assassinations
of Palestinian leaders has not been a successful strategy, even from an
Israeli perspective.
Jim Devine [EMAIL PROTECTED] http
, in which banks refuse to lend, no
matter what the interest rate.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
I wrote:
US NPR said this morning that ObL _wants_ to be a
martyr...
What, did they talk to OBL on the phone?
it's probably based on on dit evidence (i.e., rumor). But it sounds like
a plausible possibility.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
Doug and I asked Michael Perelman about what the standards are for shutting
off discussions on pen-l. Now, I ask Doug: what are your rules for lbo-talk?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
credit record.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
everything they say.
BTW2, what is PRIVATE EYE's connection with the intelligence goons?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
NTMail K12 - the Mail Server for Education
yet? are you going to put your money where your mouth is?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
NTMail K12 - the Mail Server for Education
. Further,
there is an immediate placebo effect.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
Is it peace or is it Prozac? -- Cheryl Wheeler.
NTMail K12 - the Mail Server for Education
.
white-faced? meaning Caucasian? or scared?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
or (in the short run)
fixed capital-goods markets or environmental disasters (on the supply side).
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
of the TIMES? And
does the king really want to leave Rome?
does anyone know anything about the king?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
with
since the attacks. 'Usually there are girls where you say she's not my
type. Everything was my type all of a sudden.'
sales of Prozac are also up.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
anyway,
since the slump in cotton demand was coming anyhow.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
to as a town up in the mountains,
since the traffic is so bad.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
and Falling Inflation: An
Empirical Study, Review of Radical Political Economics, 32(3), 2000: 398-407.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
. The
question the current plans raise is who will really be safe, and who will
just be sorry.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~JDevine
to separate their fortunes from that of the oil industry
with electric and fuel cell vehicles. Of course, the internal combustion
engine is a known profit-maker (for all kinds of reasons), so they will not
rush to alternatives any faster than they are driven to.
Jim Devine [EMAIL PROTECTED] http
to pen-l that suggested
that bin Laden is much richer more powerful than Taliban is, so that they
couldn't throw him out turn him over to the US if they wanted to. Of
course, they would never admit this powerlessness.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
.
Apropos of nothing, I remember that I told pen-l's Brad deLong that it was
possible -- quite possible -- that a soft landing could become a
recession if and when the accelerator effect (the discouragement of real
fixed investment by slow or falling GDP) kicked in. He pooh-poohed me.
Jim Devine
recession.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
It's a strange day when I seem to get more e-mail messages (from Tony
Theriault) with viruses (viri?) attached than I get pen-l messages...
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
) to have unemployment falling rather than
rising. A big issue is whether that situation is sustainable, without a
large-scale war and deficit spending.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
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