A year ago, we might have hoped that public pressure - including that from dissidents and the just plain unhappy taking to the streets - would have changed...
j.schukte.baeuminghaus
cresscourt@...
Jan 1, 2003 3:18 pm
7330
. Dear Gunnar and James: Is the Consensus as follows - 1. Keynes' "General Theory" was not good enough to deserve such a presumptious title; it was designed...
. Henry paints a grim but realistic picture of China's transition from Maoist featherbedding of non jobs to a strictly market economy. Huge unemployment,...
Dear Chris: I am inserting some comments below. Gunnar P.S. My comments on the General Theory turned out to be more detailed than I had envisaged - so I leave...
http://www1.chinadaily.com.cn/pn/2003-01-01/99792.html Premier Zhu Rongji chats with German Chancellor Gerald Schroeder during their trip on the unique maglev...
http://www1.chinadaily.com.cn/news/2003-01-01/99790.html news content . contact us | . about us Home BizChina Newsphoto Cartoon LanguageTips Metrolife ...
Chris is crrect that the world is different now than in Keynes' days. For one day, Keynes operated in a two assets world, share and bonds. To day, the variety...
Henry: Re. the following: Keynes major contribution remains his focus on management of aggregate demand through full employment of rising wages. Comment: This...
Gunar: The American Keynesian construction went off tract in several ways after WWII. The most serious was its insistnace that aggregate demand be managed...
"For the past 30 odd years, this "keynesian" notion has been put to the test...." Gunnar, There has been no "Keynesianism" of any kind, genuine or fictional,...
j.schukte.baeuminghaus
cresscourt@...
Jan 1, 2003 9:48 pm
7339
FYI. Gunnar ... From: "Gunnar Tomasson" <gunnar.tomasson@...> To: "pdavidso" <pdavidso@...> Cc: <pkt@...> Sent: Wednesday, January 01,...
Henry: Re. the following: Creditary economics needs to focus not only on the creation of credit but also on the flow of credit to a larger base instead of the...
Re: [gang8] More on Quo Vadis 2003James: I agree that the "keynesianism" of the past three decades - as in Milton Friedman's "We are all Keynesians now" and...
Paul: ... presumptious title; it was designed for a specific time and place, not for all times and all places. You reply: What sheer nonsense! As Robert...
# CREDITARY ECONOMICS ON UNEMPLOYMENT AND INFLATION Henry writes, inter alia, "Creditary economics needs to focus not only on the creation of credit but also...
. Commenting on my criticism that Keynes's "General Theory" was not general at all, one of Gunnar's correspondents responds : " What sheer nonsense! As Robert...
Chris, You reveal the generation to which you belong. If you had lived through the miseries of the 'thirties as a child and seen your life as a young adult...
j.schukte.baeuminghaus
cresscourt@...
Jan 2, 2003 12:51 pm
7347
Chris, I'll go along with this - the quality theory of credit. You realise of course that VOW practises what, until now, you no more than preach. James ...
j.schukte.baeuminghaus
cresscourt@...
Jan 2, 2003 12:57 pm
7348
. Without realising it, you rather make my point for me, James. You are of course right. Keynes's book IS a generation thing. No more than that. It applies to...
"So far as VOW is concerned, I was not aware that it had put anything into practice, as yet, anywhere. Having a set of proposals - no matter how worthy - is...
Paul: Let me address your points seriatim: 1. In response to my fellow Gang8 member's suggestion that "Keynes' "General Theory" was not good enough to deserve...
Re this discussion of a general theory, I was always taught just what Chris is saying -- that Keynes's book is NOT a general theory. In fact, I think we may go...
Hudsonmi@...
Jan 2, 2003 6:41 pm
7352
Michael, Does it matter whether it's called a general theory? The issue of real significance is what Keynes put in his book, which he could have called "My...
j.schukte.baeuminghaus
cresscourt@...
Jan 2, 2003 7:48 pm
7353
. James: As usual, I think you and I are more agreed than you imagine. First, though, "how does practice start"? you ask of VOW. It starts when a government,...
Re: [gang8] Keynesian apologists and the "General Theory"James: Without vision, the people perish, somebody once suggested. Keynes concluded the General Theory...
Chris, I think we're both being clever - or trying to be - and serving very little purpose so far as clarification goes. James http://VictoryOverWant.org ...
j.schukte.baeuminghaus
cresscourt@...
Jan 2, 2003 10:15 pm
7356
The crux of Einstein's theory of relativity -- that E = mc 2 -- is under challenge, following evidence that the speed of light might be slowing down. The...
021231 Gardiner to Gang8. The Lunatic Society: the friends who changed the world. When I was a schoolboy I occasionally needed to visit the Birmingham...
G W Gardiner
geoffrey.gardiner@...
Jan 2, 2003 11:38 pm
7358
Kevin, "Amen." There is of course a Greek version in two particles, spelt eta, mu eta nu and pronounced "air mairn." It means "yea verily" or "that is so" and...