Note: In order to bring about a genuine Age of Northeast Asia, a structure of peace must first be institutionalized on the Korean Peninsula. It certainly is...
Money is a symbol system for exchanging real stuff by proxy. Essentially, it is an extension of speech. When farmer A leans over the fence and says to farmer B...
Dear Stephen: Keynes was not impressed with "bankers". In preface to "Tract on Monetary Reform", he wrote that he did not "agree with those who suggest that...
Dear Gunnar, Thanks much for your observations re Keynes. They'll be kept them in mind when I get to that study. I had actually decided not to post that...
AMI
ami@...
Mar 2, 2003 6:10 pm
7826
Dear Gang, Today's newspapers here in the US make it clear how far the IMF has degenerated into an arm of the U.S. State Dept., away from any link with the ...
Hudsonmi@...
Mar 2, 2003 8:01 pm
7827
Dear Michael: The demise of the Bretton Woods System in the early 1970s sidelined the IMF insofar as its original oversight mission with respect to world...
Dear Gunnar, At the Opera Ball last Thursday, at which Kim was a deb - and led the whole team on to the Opera House floor - we were very kindly invited to...
j.schukte.baeuminghaus
cresscourt@...
Mar 3, 2003 8:51 am
7829
Bill sent me this VERY interesting article by a friend of his in Washington, forwarded on the WS list. It is not exactly economics, but the effects are also...
Arno Mong Daastoel
am@...
Mar 3, 2003 1:00 pm
7830
Re: [gang8] Turkey, the IMF and the USDear James: First, congratulations on Kim's big occasion - our daughters are always special! As for the IMF, my thinking...
FYI. Arno ... From: "Lee, Frederic" <leefs@...> Sent: Monday, March 03, 2003 4:32 PM Subject: 2004 ASE and AFEE Call For Papers Call for papers from...
As many of you know, I have been warning against structured finance (derivatives) with ample technical detail for some years now on these lists and since last...
Gunnar, I am again shocked over the miserable excuses the leaders are making up and how the journalists go along with it. As could be expected the conservative...
Arno Mong Daastoel
am@...
Mar 4, 2003 1:35 pm
7834
Re: [gang8] Keynes as the culprit - Qualitative Credit ControlI am not clear whose Banking Act we are talking about, Australia's? The British Act of that era...
G W Gardiner
geoffrey.gardiner@...
Mar 4, 2003 3:41 pm
7835
Geoffrey, I was talking of the AUSTRALIAN Banking Act of 1944. Sorry! James http://VictoryOverWant.org ...
j.schukte.baeuminghaus
cresscourt@...
Mar 4, 2003 3:47 pm
7836
Re: [gang8] Turkey, the IMF and the USGunnar, I have just been rereading Michael Artis, and noted that he said the closing of the gold window in 1971 was...
G W Gardiner
geoffrey.gardiner@...
Mar 4, 2003 6:18 pm
7837
Geoffrey, Britain is probably no worse than others but I remember that, after sticking to sterling through a lot of bad times, we finally told Britain that...
j.schukte.baeuminghaus
cresscourt@...
Mar 4, 2003 8:29 pm
7838
Dear Geoffrey, Artis's view does not sound plausible at all. In any case, the dollar was devalued 10% in 1971. My book has all the background there. Michael...
Hudsonmi@...
Mar 4, 2003 9:52 pm
7839
The Clinton budget surplus essentially drain credit from the economy. And the suspension of 30-year treasuries was in effect a step to shrink ans destabilize...
Dear Henry, A few days ago you forwarded to the list a critique of Alan Greenspan's faith that housing debt was justified because prices were rising. The...
Hudsonmi@...
Mar 5, 2003 4:26 pm
7841
... I have no idea what post of mine you are referring to. You have this nasty habit of replying to posts several days late with no reference and with the...
Dear Michael, Now I regret deciding not to attend Artis's lecture at the Manchester Stats Soc on Tuesday. Think how I would be loved for saying that the former...
G W Gardiner
geoffrey.gardiner@...
Mar 5, 2003 9:31 pm
7843
Paul: ... department -- ... some ... some ... or ... any ... Comment: It all depends on what economists mean by "theory" in the first place. In physical...
Paul: ... what ... Comment: Not so - your concept of "theory" - and that of Evolutionary Theorists - is NOT that of physical science. There is nothing wrong...
Paul: The following goes to the heart of our differences on the concept of ... enough ... Briefly, "explanation" is NO part of empirical science/theory - the ...
Paul: ... is ... And ... will ... Comment: I would readily concede your point IF it had been established that the Probability Calculus rests on secure...
There is another aspect of superpower limitation. Overwhelming force has an inverse proportional moral limitation. The more the power, the less the prospect...
If you look past its formidable military machine, America is not as powerful as it seems. Tufts University economist David Dapice points out that the current...
China puts employment unprecedentedly high on economic agenda (1) BEIJING, March 6 (Xinhua) -- Facing an unprecedented grave situation of employment, the...
China Issues Article on U.S. Human Rights Conditions 2001.02.27 20:09:57 BEIJING, February 27 (Xinhuanet) -- In response to the Country Reports on Human Rights...