*Dear Friends of the American Monetary Institute,* Some good news! Paul Solman, long time economics editor on PBS's News Hour, with Jim Lehrer, on television,...
16473
Arno Mong Daastoel
arnomd
Mar 31, 2012 2:30 pm
Dear Michael, As usual, they are (too) latecomers. ;-) Arno ...
16474
Michael Hudson
peshinesmith
Mar 31, 2012 2:59 pm
Just as the BRICS meeting in India denounces the flood of foreign credit to destabilize their economies! Hopeless! Michael ... Re: [gang8] Norway wealth fund...
16475
Gunnar Tomasson
gunnar.tomasson
Apr 2, 2012 2:33 pm
There are many ways to skin this particular cat! One way is to take Krugman step-by-step through the principles of double-entry book-keeping as applied to...
16476
Arno Mong Daastoel
arnomd
Apr 8, 2012 12:45 pm
Ambrose Evans-Pritchard sums it up well, Europe in a "self-made" corner .... But without any alternative ... Arno ...
16477
Michael Hudson
peshinesmith
Apr 8, 2012 5:08 pm
Dear Arno, In MY theory, the reason for non-competitive labor is that 75% of its budget is financialized. There is no way in which an economy with such a high...
16478
AMI
ami@...
Apr 8, 2012 8:18 pm
*Dear Friends of the American Monetary Institute, Are you in the Boston area on April 15th? Meet Stephen Zarlenga and better understand why our money system...
16479
Arno Mong Daastoel
arnomd
Apr 12, 2012 2:43 pm
I attach Michael's speech. "Scenarios for Recovery - How to Write Down the Debts and Restructure the Financial System" There also seems to be direct video...
16480
D.J.Bezemer
d.j.bezemer@...
Apr 12, 2012 9:09 pm
...and I will be on on Saturday. the paper is linked at http://ineteconomics.org/conference/berlin/finance-and-growth-when-credit-helps-and-when-it-hinders. ...
16481
Arno Mong Daastoel
arnomd
Apr 15, 2012 2:56 pm
Dear Michael, Certainly a good point, but the present general interest rate is only around 3-4% , which hardly can be called usury. Furthermore, the point is...
16482
Arno Mong Daastoel
arnomd
Apr 15, 2012 3:12 pm
... (income and sales taxes + public fees ): 25% + 20% + 5% should be ... (income and sales taxes + public fees ): 25% + ???? + 5% ??? sales taxation (VAT etc)...
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D.J.Bezemer
d.j.bezemer@...
Apr 15, 2012 8:56 pm
It is interesting to do this for a number of countries. Good start, Arno. On your numbers: I presume you start with household gross incomes and the % are % of...
16484
Arno Mong Daastoel
arnomd
Apr 16, 2012 8:14 am
Dirk, ... (Social Security and Medicare)? Becuase they are financially invested My guess is that the aim is to give you the r esidual for daily consumption....
16485
Arno Mong Daastoel
arnomd
Apr 16, 2012 8:22 am
Dirk, ... you start with household gross incomes and the % are % of that? Yes >sales taxes are not paid out of hh budgets so why include them? Must be some...
16486
Dirk Bezemer
d.j.bezemer@...
Apr 16, 2012 12:25 pm
... consumption after the government and banks have taken their share. Right! Forget tax, think about bank 'tax'. The economy's value-added is profit + wages,...
16487
Arno Mong Daastoel
arnomd
Apr 16, 2012 1:05 pm
World Economics Association ... Subject: World Economics Association - real-world economics review, issue no. 59 Date: Mon, 12 Mar 2012 17:20:07 -0400 From: ...
16488
Arno Mong Daastoel
arnomd
Apr 16, 2012 1:06 pm
World Economics Association ... Subject: World Economics Association - Newsletter, Volume 2, Issue 2 - April 2012 Date: Mon, 16 Apr 2012 13:48:32 +0200 From: ...
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D.J.Bezemer
d.j.bezemer@...
Apr 16, 2012 8:54 pm
Just return from a public evening lecture on the Hayek-Keynes analyses of the 1930s Depression. One speaker said according to Hayek crises were always due to...
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Gunnar Tómasson
gunnar.tomasson
Apr 16, 2012 9:16 pm
Good point - don't drop the apple! In the 1930s, monetary mismanagement was (I suppose) identified with government printing money to make up a revenue...
16491
G W Gardiner
geoffrey276927
Apr 17, 2012 6:53 pm
Re: [gang8] Ambrose Evans-Pritchard: Europe and the Law of Sticky Wages - 409 CommentsI listened to the speeches by Michael, Dirk and Steve, all outstanding ...
16492
G W Gardiner
geoffrey276927
Apr 19, 2012 10:26 am
The latest edition of ‘Britain and Overseas’, the journal of the Economic Research Council of London (on which Chris Meakin is a committee member) contains...
16493
Dirk Bezemer
d.j.bezemer@...
Apr 19, 2012 11:20 am
Geoff, why not ask Tim to take one look (one) at Figure 2 on page 14 of our paper, which he can immediately access at ...
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Michael Hudson
peshinesmith
Apr 19, 2012 11:50 am
Dear Geoffrey, I wish I¹d got your note last week. Cornelia and I just had breakfast with Charles last Friday in Berlin, for George Soros¹s INET conference....
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G W Gardiner
geoffrey276927
Apr 20, 2012 7:09 am
Dear Michael, Yes it must have been a great conference. I caught a glimpse of Charles in the audience in one of the videos. Please ‘tweak’ him whenever you...
16496
G W Gardiner
geoffrey276927
Apr 20, 2012 7:17 am
Dirk, I have not checked but I am sure I provided Tim with a copy of our paper. He is very defensive and difficult to argue with on this point. Sad because in...
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Gunnar Tómasson
gunnar.tomasson
Apr 20, 2012 8:47 am
Geoff. Remove constant velocity, and M cannot in principle be what Friedman imagined it to be. As for velocity itself, I see no useful purpose for it once...
16498
D.J.Bezemer
d.j.bezemer@...
Apr 20, 2012 9:18 am
Precisely, Gunnar. Richard has a good discussion on the 'velocity puzzle' in his (2004) book, showing how is was caused by a shift of credit from...
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Hugh Whinfrey
hugh_whinfrey
Apr 20, 2012 11:37 am
I saw where Civitas came out with an excellent piece on exchange rates and the pound a couple of days ago. ...
16500
Richard Werner
rawjapan2005
Apr 20, 2012 3:24 pm
Geoff, There is a reason why velocity is constant in reality. Accounting. I thought you might like it. Dirk, New Paradigm in Macroeconomics was published in...
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AMI
ami@...
Apr 22, 2012 4:50 pm
*Dear Friends of the American Monetary Institute,* AMI Director, Stephen Zarlenga will give a talk at Lindenwald, President Martin Van Buren's home in...
