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33376 stockfund net withdrawals -- rank: 1000

John Mage wrote: >http://www.nytimes.com/2001/04/08/business/08LEDE.html > >in the middle of the piece ["The Rainy Day Is Here. Now What Do We Do?" >By Danny Hakim] there's this: > >....When the bears roar, investor sentiment suffers. Stock funds >experienced net withdrawals of $3.1 billion in February, according to >the Investment Company Institute, the fund industry's principal trade >group. That made February the first month of net withdrawals from stock & ...

Document Size:	7365
Author:	Doug Henwood
Date:	Sun Apr 8 13:47:46 PDT 2001

33377 The left: still dying (was Re: European Unions) -- rank: 1000

Justin Schwartz wrote: >It was me who posted the comment about the right on the higfh >intellectual ground. And I stand by it. They moved from the Stupid >Party to the party bristling with vigorous ideas, all the way from >high justificatory theory (Buchanan, Becker, Posner, Epstein, >Nozick, etc.) to middle-range policy proposals of the sort cranked >out by think tanks, to low brow pundits. VIgorous ideas? They mainly boil down to markets good, government bad - or, in that won ...

Document Size:	5935
Author:	Doug Henwood
Date:	Sun Apr 8 13:17:37 PDT 2001

33378 Scarcity -- rank: 1000

Brad DeLong wrote: >>In message <p0500191bb6f4544fa9e5@[140.254.114.190]>, Yoshie Furuhashi >><furuhashi.1 at osu.edu> writes >>>>>Could you tell us why you think scarcity is inescapable? >> >>Justin, wisely: >> >>>>We will never live on the Great Rock Candy Mountain, where roast >> >>chickens grow on trees and fish jump into our frying pans. > >But--from the perspective of any previous millennium--we do live ...

Document Size:	5189
Author:	Doug Henwood
Date:	Sun Apr 8 13:06:54 PDT 2001

33379 The left: still dying (was Re: European Unions) -- rank: 1000

Chuck0 wrote: >Dennis wrote: > >> While I'm on this thread, I meant to compliment Doug yesterday for his >> ability to put complicated economic concepts into plain English. That is one >> of the reasons why I joined this list. I'm always learning from Doug, and it >> surprises me that he's so down on "simplicity." He's one of the few writers >> on the left who distills ideas so cleanly and clearly. > >Doug is an excellent writer who deserv ...

Document Size:	5522
Author:	Doug Henwood
Date:	Sun Apr 8 12:48:40 PDT 2001

33380 The left: still dying (was Re: European Unions) -- rank: 1000

s-t-t at juno.com wrote: >Chuck0 writes: > >> I have no idea academics are supposed to write books for, because I >> work out in the real world. > >So, what distinguishes the 'real world' from the one academics inhabit, >and just how does one cross from one to the other? Is it done simply by >entering the realm of academia? And Chuck works for the American Association for the Advancement of Science, which publishes Science magazine, little of which would be comp ...

Document Size:	5414
Author:	Doug Henwood
Date:	Sun Apr 8 12:32:26 PDT 2001

33381 European Unions -- rank: 1000

Dennis wrote: >In another post you said that Engels wrote a pamphlet especially for >workers' consumption. But Freddie didn't have to compete with TV, radio, the >Web, CDs, video games, video tapes, and so on. Despite the illiteracy of his >time, Engels could still count on enough readers to get his ideas across. >Today? Not a chance, unless he put his ideas into a PlayStation game. I like lots of pop culture, I'm not some latter day Adorno. But how in god's name can you make any ...

Document Size:	5454
Author:	Doug Henwood
Date:	Sun Apr 8 12:29:50 PDT 2001

33382 The left: still dying (was Re: European Unions) -- rank: 1000

Dennis wrote: >While I'm on this thread, I meant to compliment Doug yesterday for his >ability to put complicated economic concepts into plain English. That is one >of the reasons why I joined this list. I'm always learning from Doug, and it >surprises me that he's so down on "simplicity." He's one of the few writers >on the left who distills ideas so cleanly and clearly. Thanks, but you thought my bit on endogenous money theory was "crap." Doug

Document Size:	5094
Author:	Doug Henwood
Date:	Sun Apr 8 12:22:30 PDT 2001

33383 The left: still dying (was Re: European Unions) -- rank: 1000

Carl Remick wrote: >You're on to something there, Gary. It's been said that America is >a rich country not because it has a lot of MBAs but that America has >a lot of MBAs because it is a rich country. There is great symmetry >between the delusions of the business world and the delusions of the >academic left. The former engages in furious make-work pretending >to create economic value -- as in the dot.com mania -- while the >latter engages in furious make-work pretending ...

Document Size:	5512
Author:	Doug Henwood
Date:	Sun Apr 8 12:12:49 PDT 2001

33384 European Unions -- rank: 1000

Dennis wrote: >Yoshie wrote: > >> First of all, why do you consider Engels' simple words to be >> objectionable "jargon," while remaining unoffended by exchanges such >> as the following? >> >> >Rakesh Narpat Bhandari wrote: >> > >> >>In particular, I am confused as to how post keynesian theorists >> >>insist on both the endogeneity of the money supply (that is, the >> >>Fed is obliged to supply ...

Document Size:	7461
Author:	Doug Henwood
Date:	Sun Apr 8 12:04:12 PDT 2001

33385 European Unions -- rank: 1000

Dennis wrote: > Political thought is not that difficult to grasp, nor should it be. Yes and no. Social life is complicated, and you can't analyze it all in words of one syllable using only simple sentences. There are contradictions, shadings, nuances, and dynamics. Sure there are levels of obscurity and/or "clarity," but it's still going to take time and effort to understand things. As the man said, there's no royal road to science. The clear and the simple often derive their clari ...

Document Size:	4981
Author:	Doug Henwood
Date:	Sun Apr 8 11:55:48 PDT 2001

33386 The left: still dying (was Re: European Unions) -- rank: 1000

Carl Remick wrote: >I have been exposed to much theoretical hocus-pocus on this list >over the course of years now, and I don't see that any of this >strenuous obscurantism has done one whit to raise the left from its >moribund state. What I consider "deeply conservative" is to indulge >in pedantry that stands no chance whatsoever of connecting to or >transforming mass politics at any point. Having until recently >occupied a perch in the corporate world, I have, ...

Document Size:	5866
Author:	Doug Henwood
Date:	Fri Apr 6 15:59:10 PDT 2001

33387 BSE/nvCJD -- rank: 1000

James Heartfield wrote: >I'm still waiting to hear your views on whether you are worried about a >disease that is as rare as being killed by lightning. First, as I remember the LM line from a few years ago. there was no risk to humans from BSE. Clearly that's not supportable anymore, so I guess it's now downgraded to a very tiny risk. But as with global warming, what strikes me is the complacency of this kind of thinking: because it's not an emergency today, it's nothing to worry about tom ...

Document Size:	5153
Author:	Doug Henwood
Date:	Fri Apr 6 13:47:55 PDT 2001

33388 Frank in FT -- rank: 1000

Financial Times - April 6, 2001 When markets rule politics Privatising US Social Security would give Wall Street undue influence over public policy, says Thomas Frank Not everything is going well for Wall Street these days. The Nasdaq is off 67 per cent from its highs of last March and it seems that every day some once-beloved booster of the new economy is subjected to a humiliating public recitation of his or her madly exuberant remarks of just a year ago. But even though the bull market has di ...

Document Size:	9465
Author:	Doug Henwood
Date:	Fri Apr 6 13:39:53 PDT 2001

33389 BSE/nvCJD -- rank: 1000

[the conspiracy reaches France...] Friday April 6 2:32 PM ET Study Points to 'Mad Cow' Blood Risk for Humans By Greg Frost PARIS (Reuters) - Monkeys can contract mad cow disease if it is injected into their bloodstream, underscoring that infected tissue risks transmitting the brain-wasting illness to humans, researchers said on Friday. French scientist Corinne Ida Lasmezas said that she and a team of French and British scientists proved that the agent that causes mad cow disease, or bovine spong ...

Document Size:	7776
Author:	Doug Henwood
Date:	Fri Apr 6 13:15:16 PDT 2001

33390 European Unions -- rank: 1000

Dennis wrote: > > Can you point out "jargon" in any of my posts? >> >> Yoshie > >Well, since I don't save your posts, I'll have to rely on the only one I >have. > >"We have seen that the capitalistic mode of production thrust >its way into a society of commodity-producers, of individual >producers, whose social bond was the exchange of their products. But >every society based upon the production of commodities has this >peculiarity: ...

Document Size:	6444
Author:	Doug Henwood
Date:	Fri Apr 6 13:09:26 PDT 2001