Arno, Of course the argument is not novel - it has been made by non-orthodox macro / development economists for a long time. Still it's good UNCTAD gives it a...
Dirk, The concluding section in Sebastian's work, is something we all have agreed upon for a decade. It is very nice and important that he has taken the time...
Gunnar, ... accounts" = new credit, Smith recognized the role of new credit/money creation which Bentham later spelled out. I cannot quite see how this relates...
Dear Friends of the American Monetary Institute: Please circulate this message. Two things: First - FRONTLINE has produced a remarkable documentary titled "The...
AMI
ami@...
Nov 17, 2009 12:30 am
14425
Arno. Re: Capital as short in supply. This corresponds with List's main criticism against Smith (according to List), which so far does not seem to be...
Dirk, I have not read it all yet but I have seen enough to be delighted. Sebastien has done a great job. Geoff ... From: Dirk Bezemer To: gang8@yahoogroups.com...
Dirk, Re: Capital as short in supply. This corresponds with List's main criticism against Smith (according to List), which so far does not seem to be...
Note also that Sebastien Dullien has a very nicepaper out for UNCTAD on CENTRAL BANKING, FINANCIAL INSTITUTIONS AND CREDIT CREATION IN DEVELOPING COUNTRIES see...
Hi Arno, Thanks for the link. I also found the transcripts of that 'secret' conference of the Friedrich List Society of Sept. 16-17, 1931. They are referenced...
Comment on the last sentence: " Which is to say that if, in Germany, people had been able to follow the same policy as Franklin Delano Roosevelt in America, in...
Dirk, This snippet by the signature klaatu in 2004 may be of some interest. Arno http://wc0.worldcrossing.com/WebX?14@@.1ddfd222/29 klaatu - Sep 2, 2004 5:47...
From Michael's Tour de Australia : Hudson multimedia goodies Thanks to all those who attended Professor Hudson's talks - welcome to our new friends. "Classical...
Dear Arno, A new link for my website. Here¹s my Sydney Australia speech from last month. The fidelity on me is OK, but the intro by the lady is bad sound. ...
March 14 is my birthday. 71 is next, so 72 is the round number after that (9 x 8, or 3 squared times 2 to the third power). In China we talked about my perhaps...
Thanks Chris, ;-) I owe my info on the List conference in 1931 to Peter Spengler. He refered me to several German economists who worked intensely with ...
Charles Goodhart's paper in Economica was circulated. His criticisms of IS/LM are vallid but I have supplemented them in the attached pdf which I have sent to...
Dirk, The best figure I have been able to find as yet is the Gross Margin of Marks and Spencer. It hovers around 38 per cent. In calculating the margin they ...
Pretty good description Michael! ;-) No mention of your movie and musical carereer though. Can you fill me in? Arno PS When is your big birthday? Am I too late...
Absolutely, Michael. But when as you say money barely obeys the sophomoronic laws of supply and demand, and the worldwide oil imbroglio just hasn't the time...
Dear Chris, I was just reading Steve Keen¹s book, Debunking Economics, where he makes the same point that you made a few years ago so clearly: the smoothly ...
. Good stuff Arno. The more of these historic references are assembled here on Gang 8, the more ridiculous it becomes that the concept we are all talking...
Richard, The legislation may have been brief but it had profound effects. Remember this is an enabling Act and it was the Statutory Instruments, so-called...
Dear Chris, Did you mean this bill, referring to Keynes' 1946 bill on borrowing control? http://www.statutelaw.gov.uk/content.aspx?LegType=All+Legislation ...
Dear gang8sters, I will not bother you with repetitions, so I will only suggest to include in the historic account the first "Nobel" Laureate in economics, ...
In my advancing (declining?) years (I'm now 81) there are now very few people with whom I can have face to face conversation on these issues. An occasional...
Kevin Donnelly
kevin.donnelly87@...
Nov 10, 2009 9:16 pm
14402
Dear Chris. Let me add a few words on the “common sense” aspect of “creditary economics”. In my case, it goes back to my pre-university days at...
, Dear Gang: It's only fair to sit back and let Gunnar do the chapter and verse, because he's far better at it than anyone else. I have been delighted he has...
Dear Richard. As IMF staff member from 1966 to 1989, I was denied authorization to circulate my working papers within the Fund. For, as my former Department...
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