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31831 Neoclassical Logic -- rank: 1000

Brad DeLong wrote: >And all of this does not even consider the power dimension (which I >know Larry thinks about, but have never talked to Lant or Joe about). So if Larry "knows" all these good things, why'd he fire Stiglitz? Doug

Document Size:	4587
Author:	Doug Henwood
Date:	Thu Mar 15 06:33:27 PST 2001

31832 South v. WTO -- rank: 1000

Carl Remick wrote: >[From the Village Voice] > >Global Harming >by Rick Perlstein Don't forget this part! >You might, then, turn to Five Days That Shook the World, a new book >[credited to Alexander Cockburn & Jeffrey St Clair] of reporting on >the antiglobalism activism that began in November 1999 at the WTO >meeting in Seattle, in which you'll read about Madeleine Albright >pressuring the mayor of America's most self-consciously liberal city >to declare the eq ...

Document Size:	7368
Author:	Doug Henwood
Date:	Thu Mar 15 06:27:59 PST 2001

31833 c/a deficit -- rank: 1000

[With the stock market falling apart, and confidence in the U.S. along with it, how long will be able to borrow $1.2 billion a day abroad?] Thursday March 15, 8:56 am Eastern Time Current Account Gap Sets a New Record WASHINGTON (Reuters) - The U.S. current account, the broadest measure of foreign trade, widened to a new record in the fourth quarter and for all of 2000 as imports continued to outpace exports, the government said on Thursday. For all of 2000, the current account deficit increased ...

Document Size:	5661
Author:	Doug Henwood
Date:	Thu Mar 15 06:24:02 PST 2001

31834 'functions' or 'conditions of reproduction'? -- rank: 1000

Yoshie Furuhashi wrote: >In short, make unemployment as free from pain & stigma as possible. These days, that's a quasi-revolutionary demand. Doug

Document Size:	4748
Author:	Doug Henwood
Date:	Thu Mar 15 05:57:05 PST 2001

31835 list management -- rank: 1000

Two housekeeping notes: 1) Certain people are reckelessly disregarding posting limits. Please stop. 2) Time to pay the Panix bill again. Contributions deeply welcome at the address below. -- Doug Henwood Left Business Observer Village Station - PO Box 953 New York NY 10014-0704 USA +1-212-741-9852 voice +1-212-807-9152 fax email: <mailto:dhenwood at panix.com> web: <http://www.leftbusinessobserver.com>

Document Size:	4891
Author:	Doug Henwood
Date:	Thu Mar 15 05:52:59 PST 2001

31836 legitimacy -- rank: 1000

DMJ wrote: >Blacks are so handy. With 40% of poll respondants saying that Bush did >not win legitimately, and another 7% unwilling to say, one may think that >we have a real legitimacy crisis. Never fear, though. Just point out the >opinions of blacks, and then call them "resentments", and what started as >a coup ends up as (yet another) mark of deviancy of an officially >designated deviant population. The problem is not the laugability of our >so-called democr ...

Document Size:	5065
Author:	Doug Henwood
Date:	Wed Mar 14 14:13:52 PST 2001

31837 Jude, in despair -- rank: 1000

Brad DeLong wrote: >Do you think this guy passes the Turing Test? Is there actually a >*mind* in there somewhere? Some few years ago, Michael Thomas wondered in his New York Observer column whether Jude was getting into the cooking sherry again. Doug

Document Size:	4594
Author:	Doug Henwood
Date:	Wed Mar 14 13:59:12 PST 2001

31838 Harvard students blast Larry "Waste Dumper" Summers -- rank: 1000

Michael Pollak wrote: >I dunno, maybe I need a reality check again. Every once in a while I read >this paragraph and think Summers might be telling the truth. I mean, >weren't both he and Pritchard still considered World Bank liberals around >the time this was written -- still on the same side as Stiglitz? And >sometimes this paragraph seems like too perfect a reductio ad absurdam >argument not to have been made that way on purpose. Essentially the memo >argues that, if ...

Document Size:	12056
Author:	Doug Henwood
Date:	Wed Mar 14 13:39:22 PST 2001

31839 univ $ -- rank: 1000

Chronicle of Higher Education - web daily - Wednesday, March 14, 2001 Alternative Investments Account for 23 Percent of the Value of Education Funds, Study Finds By KIT LIVELY Orlando, Fla. A surprising 23 percent of the assets in education endowments are in alternative investments, like hedge funds and venture capital, and officials expect to keep them there, according to a new study by the asset-management company Commonfund, which released a summary of preliminary results on Tuesday at a meet ...

Document Size:	8614
Author:	Doug Henwood
Date:	Wed Mar 14 13:34:25 PST 2001

31840 more WBAI stuff -- rank: 1000

An excerpt from an article in Haiti Progres, January 10-16, 2001, concerning on of the people that interim station manager Utrice Leid has surrounded herself with: >It also must be noted that in the early 1990s, Utrice Leid was >editor at the now defunct Brooklyn-based African American >newspaper The City Sun, which among other unenlightened political >positions, justified the September 1991 coup d'etat in Haiti. In >an Oct. 2, 1991 article entitled "A Lesson in Irony: An > ...

Document Size:	5866
Author:	Doug Henwood
Date:	Wed Mar 14 13:20:45 PST 2001

31841 legitimacy -- rank: 1000

The NY Times lead story on their poll about W has a teaser passage: "Another trouble spot for Mr. Bush is that there are deep and lingering resentments among black Americans toward his election. Although more than half of Americans now accept Mr. Bush as the legitimate president, three-quarters of black Americans do not." Isn't it nice that more than half of Americans accept Bush as legit? What modern president has ever been seen as being in office illegitimately? Here are the numbers ...

Document Size:	5402
Author:	Doug Henwood
Date:	Wed Mar 14 12:38:57 PST 2001

31842 Slavoj speaks (in NYC) -- rank: 1000

All you Zizek fans - or anti-fans: the Sage of Lubljana is making two public appearances in New York next week: Monday, Mar 19, 7:30 - Other Books, 224 W 20 (a bookstore specializing in psychoanalysis, esp the Lacanian kind) Tuesday, Mar 20, 7:00 - The Drawing Center, 35 Wooster Doug

Document Size:	4836
Author:	Doug Henwood
Date:	Wed Mar 14 12:13:43 PST 2001

31843 men more aggressive, women more emotional... -- rank: 1000

...sez Gallup <http://www.gallup.com/poll/releases/pr010221.asp>. Though women are also more intelligent than men, and more creative too. Doug

Document Size:	4959
Author:	Doug Henwood
Date:	Wed Mar 14 12:05:29 PST 2001

31844 Buying opportunity -- rank: 1000

Brad Mayer wrote: >(Is the "new economy" really new?) > >"One observer who demands attention thinks not. Larry Summers, who >has just retired as Americas' Treasury secretary, has recently >argued that Americas' current cycle is fundamentally different from >its postwar predecessors - though not because it is "new". He argues >that it has more in common with economic cycles as they worked >before the second world war - or even, wait for it, with J ...

Document Size:	5689
Author:	Doug Henwood
Date:	Wed Mar 14 10:58:00 PST 2001

31845 Jude, in despair -- rank: 1000

[Poor Jude; Alan isn't listening.] Polyconomics' Daily Memo on the Margin (commentary taken from http://www.polyconomics.com) March 14, 2001 "NO REASON TO HOLD EQUITIES" Memo To: Fed Chairman Alan Greenspan From: Jude Wanniski Re: What you are doing to Wall Street This is a Polyconomics client letter I sent out last week, March 7, when I finally gave up on any hope you would recognize the errors you have made in the past few years and advise Treasury Secretary Paul O'Neill that basic ...

Document Size:	11391
Author:	Doug Henwood
Date:	Wed Mar 14 10:19:04 PST 2001