I can't remember who asked me for references on the treatment of the buraucracy problem within the Historical School, but in any case - in addition to Weber,...
Chris C. This FT article does not make any sense to me and looks like disinformation. I would not have reflected on this had it not been an FT article. The...
Hi Arno ... Let me deal with that point first and then the article. Of course the absolute level of oil prices is down to supply and demand. And you should...
Chris, A long time commenting I fear. The world functioned for nearly forty thousand years without, so far as we know, credit intermediaries, though they may...
Geoffrey Gardiner
geoffrey.gardiner@...
Aug 9, 2005 10:13 am
10546
In a message dated 8/9/05 6:13:41 AM Eastern Daylight Time, ... Dear Geoffrey, Before there were independent credit intermediaries, there was supplier credit,...
Hudsonmi@...
Aug 9, 2005 3:43 pm
10547
This letter was published in today's Financial Times (Aug. 9), at least in the US edition. I don't know if it got into the London version of the FT. Michael...
Hudsonmi@...
Aug 9, 2005 10:28 pm
10548
Michael, ... Is this correct? Loans may also be used for tanglible investments. ... Do you mean that their assets become less liquid? And if America improves...
Dear Arno, Another comment. Low amortization of home mortgages doesn't make them less liquid. They're all being packaged up and sold in bundles. But it does ...
Hudsonmi@...
Aug 13, 2005 2:39 pm
10550
Yes, arno, individually, loans MAY be used for tangible investment. In fact, this is happening with corporate retained earnings. The negative domestic savings...
Hudsonmi@...
Aug 13, 2005 2:40 pm
10551
Chris C, ... That makes sense even to me. Dollars are only a 'temporary channel' and not the 'end harbour'. ;-) Therefore, the hype around this issue (using...
Hi Arno ... dollars in oil deals) as the reason for the war in Iraq did not make any sense to me it was neither about oil as such, but more about ... As I said...
Another briliant article from a wise man (noticed somewhat belatedly). - Bob also wrote "The Collapse of the American Mangement Mystique". Arno From: "pae...
... Excellent piece as you say. The Western press definitely colludes to give the false impression that Japan is a failing state. Their mischaracterisation of...
Dear Gang, I'm now a more or less regular on National Public Radio. Here's my somewhat dumbed-down version that I had my 2 minutes on last Friday. (The ...
Hudsonmi@...
Aug 23, 2005 1:57 pm
10556
Well said, Geoff ... From: Hudsonmi@... To: gang8@yahoogroups.com Sent: Tuesday, August 23, 2005 2:53 PM Subject: [gang8] My Friday NPR commentary Dear...
Geoffrey Gardiner
geoffrey.gardiner@...
Aug 31, 2005 11:40 am
10557
Gunnar and Geoff, Well put Gunnar! - have you the reference for that Marshall quote? Ooops found it: PREFACE TO THE FIRST EDITION. ...
Gunnar, Marshall here deserves a "full" quote: The chief use of pure mathematics in economic questions seems to be in helping a person to write down quickly,...
Worth noting that Adam Smith managed to make all his ideas clear without using mathematical notation. If people must use symbols, I wish they would provide a...
Geoffrey Gardiner
geoffrey.gardiner@...
Sep 3, 2005 10:59 am
10560
050905 Gardiner to friends With the publisher's agreement the title of my new book will be "The Evolution of Creditary Structures and Controls" Geoffrey...
Geoffrey Gardiner
geoffrey.gardiner@...
Sep 5, 2005 3:28 pm
10561
Congratulations! The "evolution" of "creditary structures" - especially after World War II - is a fascinating subject. As noted on earlier occasions, it has...
I attach a review of the Innes book, from Review of Credit and State Theories of Money: The Contributions of A.Mitchell Innes, edited by L. Randall Wray...
Hudsonmi@...
Sep 14, 2005 1:31 pm
10565
Individual Stockholder, R.I.P. By JOHN C. BOGLE October 3, 2005; Wall St. Journal, Page A16 The amazing disappearance of the individual stockholder as the...
Hudsonmi@...
Oct 3, 2005 9:49 pm
10566
051004 Gardiner to Hudson Dear Michael, Thanks a million for your two messages. I can incorporate the facts from both of them, even at this late stage of...
Geoffrey Gardiner
geoffrey.gardiner@...
Oct 4, 2005 6:56 am
10567
Dear Geoffrey, I'm sure that you can ask for a variance for your chapter quotes. I like them, and I use them. Tell them that it will help sales in America. I...
Hudsonmi@...
Oct 4, 2005 1:09 pm
10568
Gunnar, Cassirer is an old favourite of mine - a very thorough idealist . Did you ever read this book - with a preface by Albert Einstein ? (which I have...
Arno. I bought one or two of Cassirer's books back in the 1970s but, after taking a quick look at his approach, put them aside. Now that you raise the...
Arno. I just had the following exchange with somebody on an Internet Forum. *** In response to the other party's suggestion that "proof" need not be predicated...
Dear Gang: We think we have problems!!! Zimbabwe must be one of the most mismanaged semi-developed economies the world has ever seen. Chris Today I received...
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