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: ...
16489
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...
16490
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 ...
16494
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....
16495
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...
16497
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...
16499
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...
16501
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...
16502
Arno Mong Daastoel
arnomd
Apr 28, 2012 5:21 pm
Michael, FYI: Upload complete! Your video will be live at: http://youtu.be/q3CSzYX9SOk Arno...
16503
AMI
ami@...
May 4, 2012 12:56 am
Dear Friends An important event is now in progress, which I (Stephen Zarlenga) ask you to help with today. Two big things were brought together yesterday by...
16504
Arno Mong Daastoel
arnomd
May 7, 2012 6:07 pm
Michael, In Superimperialism you point to the US strategy as being a "supplier of liquidity" to the world. As you have pointed out in general terms, this...
16505
Michael Hudson
peshinesmith
May 7, 2012 10:21 pm
Here what¹s happening (it takes two to tango), and why the Fed ultimately needs to be you-know-what. Michael Joe Leahy, ³Opponents to free capital flows...
16506
Michael Hudson
peshinesmith
May 7, 2012 10:33 pm
Note Krugman¹s belief that devaluation can overcome the debt problem. If this were right, Germany¹s hyperinflation would have enabled it to sell enough...
16507
Gunnar Tomasson
gunnar.tomasson
May 8, 2012 12:16 am
Dear Michael. If the facts of the matter were other than they are, Krugman would be right on the money! Within the EU, however, one country's competitive...
16508
Michael Hudson
peshinesmith
May 8, 2012 12:31 am
But what about ICELAND? His ³prime example² that ³works²? IS Iceland really OK now? Michael ... Re: [gang8] Krugman's mistaken belief that devaluation...
16509
Gunnar Tomasson
gunnar.tomasson
May 8, 2012 1:12 am
No, Iceland is not OK now. I'm just back in the US after three weeks in Iceland where I had an opportunity to talk to old friends from all parts of the...
16510
Arno Mong Daastoel
arnomd
May 8, 2012 9:18 am
Michael, Yes this stuff is interesting, thanks for the article! http://www.ft.com/intl/cms/s/0/998bed12-979c-11e1-83f3-00144feabdc0.html#axzz1uGZRWEbr - but I...
16511
Arno Mong Daastoel
arnomd
May 8, 2012 9:22 am
Dirk, It seems to me that the "quality" of credit-flows is important, meaning that one has to take into account which direction credit flows, for which...
16512
Dirk Bezemer
d.j.bezemer@...
May 8, 2012 9:27 am
Spot on, Arno! This is what creditary economics is all about right? Some credit flows increase the debt overhead, others stimulate growth. The difference...
16513
Arno Mong Daastoel
arnomd
May 11, 2012 4:24 am
Michael To make what I am hinting at clearer, IF the toxic of "monetarism for export" only (austerity) was a part of US geopolitical strategy (as you claim in...
16514
Michael Hudson
peshinesmith
May 11, 2012 10:48 am
Right. Michael ... Re: [gang8] ECB, US strategy - and Goldman Sachs Right. Michael On 5/11/12 12:24 AM, "Arno Mong Daastoel" <amd@...> wrote: Michael ...
