Is Innis and the credit-theory of money the wave of the future for classical studies? Yesterday (April 8) at Columbia University, there was a conference on ...
Hudsonmi@...
Apr 9, 2005 6:13 pm
10403
050414 Gardiner Can I return to the issue below re rent and profit? No subject in economics seems to cause more problems when a Aristotelian classification is...
Geoffrey Gardiner
geoffrey.gardiner@...
Apr 15, 2005 9:06 am
10404
But Chris, is not this overkill. The whole banking structure is designed to monetise private debt; that is precisely its purpose. The system has a developed...
Geoffrey Gardiner
geoffrey.gardiner@...
Apr 15, 2005 9:45 am
10405
Michael, Has not this always been so? Every blance sheet has "debtors and creditors" as major assets and liabilities. This form of capitalisation has been...
Geoffrey Gardiner
geoffrey.gardiner@...
Apr 15, 2005 9:48 am
10406
I have just discovered that Richard Werner is now a professor at Southampton Geoffrey...
Geoffrey Gardiner
geoffrey.gardiner@...
Apr 15, 2005 6:55 pm
10407
The Australian, like several other Governments, persists in advocating free-trade-area agreements, despite the fact that, in current conditions of ...
I am back to the question of decreasing returns versus increasing returns after a few weeks in the 'think-loft', as we put it over here. The point is...
And in conclusion: Reinert's conclusion is therefore given by his preconditions, precisely the criticism he launches against the mainstream Washington...
Dear Arno, I did everything I could at Reinert's meetings to inform him that agricultural productivity growth in America has exceeded that in manufacturing. It...
Hudsonmi@...
Apr 18, 2005 1:15 pm
10411
Arno, Here are some off-the-cuff observations. First. As I recall it, the standard textbook definition of "decreasing returns" reduces to the proposition that...
Here's a good story from the Financial Times: ]John Plender, "Our punt went wrong, so stand and deliver," Financial Times, April 18, 2005, notes that: "Elliot...
Hudsonmi@...
Apr 19, 2005 9:24 pm
10413
Corporate rent-like assets "Why nanotechnology is the next big thing," Financial Times, March 30, 2005. "… venture capitalists such as Draper Fischer...
Hudsonmi@...
Apr 19, 2005 9:25 pm
10414
Does Aid Work? As we were coming out of World War Two, a great part of the world was in ruins: almost the whole of Europe as well as much of Asia and the ...
FYI. Arno ... From: Nouriel Roubini To: arno@... Sent: Thursday, April 28, 2005 5:21 AM Subject: China Trip Report by Nouriel Roubini and Brad Setser ...
I am forwarding a new article by Bill on Social Security. Best wishes! Arno ... From: William Engdahl To: Arno Mong Daastoel Sent: Thursday, May 05, 2005 1:25...
050519Gardiner tp Gang The latest ISLET conference on "Labour in the Ancient World" was most enjoyable even though at least two people Michael had hoped would...
Geoffrey Gardiner
geoffrey.gardiner@...
May 19, 2005 8:53 am
10419
The heat increases. Arno http://www.iht.com/articles/2005/05/24/business/oecd.php OECD gives warning on China's dollar peg By Brian Childs International Herald...
050525 Gardiner to Hudson, via Gang 8, copies to Richard Werner, Randy Wray and Philip Arestis Richard Werner's book. Dear Michael, Judging by the rate you...
Geoffrey Gardiner
geoffrey.gardiner@...
May 25, 2005 10:13 am
10421
Geoffrey, As always, your analysis is splendidly learned and wise - and at the same time practical and down to earth. If you have time, I would especially like...
Geoffrey, As always, your analysis is splendidly learned and wise - and at the same time practical and down to earth. If you have time, I would especially like...
Dear Richard, As I understand the general thrust of your argument, I think you are right. (Like most of us, I tend to believe that "right" is what accords with...
Re. Richard's point: it is not the price of money (interest) which is key, but its quantity. Comment: Indeed! And, in the mainstream view of things, the...
. Gunnar writes: In my view, the essence - as distinct from the politics and enforcement - of such an alternative mechanism is straight-forward: The world's...
Chris Cook has again written a brilliant article - on the problems of energy AND the global monetary system: Chris is a former director of the London based...
Chris, almost ALL bank credit is in your terms inflationary, not productive. Banks don't make loans to create new means of production. They lend against assets...
Hudsonmi@...
May 27, 2005 12:43 pm
10428
FYI. Arno www.atimes.com/atimes/Global_Economy/GE26Dj02.html May 26, 2005 The real problems with $50 oil By Henry C K Liu After oil prices peaked above US$58 a...
MessageJohn, Good point. I was thinking somewhat in the same line: An expansion in oil production would then cause a boom? And what about e.g. nuclear energy? ...
... Good points indeed, which is why I advocate an amount of energy (not Oil, Gas etc) as a "Value Unit", since oil, gas, electricity etc can all be...
Gavin, It seems to me that your are repeating yourself with this "one medicine solves all illnesses" solution. - A new version of snake oil? Arno ... From:...