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39946 Brown Stuff -- rank: 1000

Nathan Newman wrote: >I am generally not a luddite on farming issues, but Michael is just >emphasizing that it is not greater "productivity" by the individual farmer >but many other inputs (with their own labor and economic costs that should >be measured in lost GNP- ie. lost producity) which account for more food per >farm. Why should that be lost GDP? What loss is involved in purchasing inputs? Is it a loss when I buy paper for my fax machine? Electricity for the compu ...

Document Size:	5500
Author:	Doug Henwood
Date:	Fri Aug 6 10:05:35 PDT 1999

39947 Brown Stuff -- rank: 1000

Michael Perelman wrote: >The key to modern farming is the squandering of >resources -- pesticides that destroy resources, wasteful fuel consumption, >destruction of the soil, pollution of all sorts. Michael, when you & Lou Proyect say things like this, I wonder what you'd prefer.More stoop labor, less fuel consumption? De-mechanization and de-urbanization and 20% of the labor force employed in agriculture? 50%? A different kind of technology? Are all kinds of genetic engineering wro ...

Document Size:	5082
Author:	Doug Henwood
Date:	Fri Aug 6 08:28:21 PDT 1999

39948 beauty & modernization -- rank: 1000

[Wonder if she includes a headshot with the paper.] "Beauty as an Economic Variable: Impacts in the Labor Market and on Goods and Services" BY: RUTH HELENA DWECK Institute of Applied Economic Research (IPEA) Directory of Macroeconomic Policy and Studies (DEMAC) Document: Available from the SSRN Electronic Paper Collection: http://papers.ssrn.com/paper.taf?abstract_id=159696 Other Electronic Document Delivery: http://www.ipea.gov.br/pub/td/td0618.pdf SSRN only offers technical support ...

Document Size:	7240
Author:	Doug Henwood
Date:	Thu Aug 5 18:28:02 PDT 1999

39949 Re(3): RE: Wages and Panic Buttons -- rank: 1000

Fabian Balardini wrote: >if inflation is the result of the fight between labor and capital >(which implicitly in every version of this theory is that unions are >stronger than capital for sustained periods of time putting enough >pressure on costs to make capital increase the mark ups so you get >inflation) how do you explain the Argentinian, Bolivian, Brazilian >and other latin american nations inflations during the 70-80's when >all labor institutions were destroyed??????? ...

Document Size:	5286
Author:	Doug Henwood
Date:	Thu Aug 5 18:23:10 PDT 1999

39950 Bullshit debate on "Death Tax" -- rank: 1000

Charles Brown wrote: >The real rich make their money the old fashion way. They inherit it. Only 50-75% of them. Doug

Document Size:	4586
Author:	Doug Henwood
Date:	Thu Aug 5 18:14:27 PDT 1999

39951 Wages and Panic Buttons -- rank: 1000

Jim heartfield wrote: >Consequently >inflation became a cover for stagnation. This is related to the argument Michael Perelman makes in his book on Keynes: the softening of competition allowed by the (bastard) Keynesian state gave rise to a sloppiness among capitalists. Ellen Frank wrote: >But the question remains. What if BLS announced a 0.5% CPI increase for >July? What's the liberal-progressive line? In arguing against NAIRU, >a number of people have essentially said - the F ...

Document Size:	5920
Author:	Doug Henwood
Date:	Thu Aug 5 18:09:21 PDT 1999

39952 IMF to US: tighten -- rank: 1000

[From the IMF's just-released Article IV Consultation with the United States, <http://www.imf.org/external/np/sec/pn/1999/pn9970.htm>.] Although the performance of the U.S. economy had been remarkable, Directors noted the contribution of possibly transitory factors and cautioned that there were significant risks. Principal among these is the danger of a substantial and abrupt decline in U.S. equity prices. Directors noted that the strength of demand, including corporate investment as well ...

Document Size:	7715
Author:	Doug Henwood
Date:	Thu Aug 5 12:10:32 PDT 1999

39953 Wages and Panic Buttons -- rank: 1000

Michael Perelman wrote: >Doug says that inflation hurts the working class. As I understand >it, you have >to make a distinction between the segements of the working. The most marginal >workers do benefit during inflationary bouts from more employment. Others may >fall behind. You're attributing more certainty to my position than it deserves. I'm questioning the traditional populist notion that inflation is good for the working class. The evidence of the last 30 years in the U.S ...

Document Size:	5095
Author:	Doug Henwood
Date:	Thu Aug 5 11:16:00 PDT 1999

39954 Brown Stuff -- rank: 1000

Max Sawicky wrote: >Hey Heartfield, what do you make of this? >I'm looking for guidance here, as a 'brown' >non-Marxist (like yourself?). > > >From an interesting post by Louis on PEN-L: > >". . . And what is the nature of this rightwing Christian conspiracy-theory >monger's opposition to the scientific consensus on global warming? She says >that it is an "earth-based" ideology rather than a "man-based" one. In >other words, the ecologist ...

Document Size:	16980
Author:	Doug Henwood
Date:	Thu Aug 5 10:53:53 PDT 1999

39955 Virus Alert -- rank: 1000

This is a hoax. CounterPunch wrote: > > FYI: New Virus Warning > > > > A new virus - WOBBLER It will arrive on E-mail titled > > >"CALIFORNIA". IBM and AOL have announced that it is VERY powerful, more > > >so than Melissa, there is no remedy. It will EAT all your information on > > >the hard drive and also destroys Netscape Navigator and Microsoft > > >Internet Explorer. Do not open anything with this title and please pass > ...

Document Size:	7037
Author:	Doug Henwood
Date:	Thu Aug 5 09:10:26 PDT 1999

39956 art-o-metrics -- rank: 1000

[Oh how I love the economic mind!] "The Lives of the Painters of Modern Life: The Careers of Artists in France from Impressionism to Cubism" BY: DAVID W. GALENSON University of Chicago Department of Economics National Bureau of Economic Research (NBER) Paper ID: NBER Working Paper No. 6888 Date: January 1999 Contact: DAVID W. GALENSON Email: Mailto:sogrodow at midway.uchicago.edu Postal: University of Chicago Department of Economics 1126 East 59th Street Chicago, IL 60637 USA Ph ...

Document Size:	6975
Author:	Doug Henwood
Date:	Thu Aug 5 08:55:13 PDT 1999

39957 Re(2): RE: Wages and Panic Buttons -- rank: 1000

Ellen Frank wrote: >A problem I have with some of the anti-NAIRU literature is that it has >thrown the proverbial baby out in its efforts to critique the >natural rate of unemployment idea. You can dispute the inotion >that unemployment is "natural" without wholesale rejection of any >connection >between growth/ low unemployment and inflation. >Obviously, a one-to-one relationship between growth// inflation is >difficult to establish, since so much >depends ...

Document Size:	11015
Author:	Doug Henwood
Date:	Thu Aug 5 08:47:59 PDT 1999

39958 our way of life -- rank: 1000

DANIEL.DAVIES at flemings.com wrote: >It's not like I want to read this magazine or anything. God, it's awful. I read the "premiere issue," as it says on the cover, last night. Empty, dumb, and dull. And I say this as someone who liked Tina B's Vanity Fair - there was something new and amusing about shallow journalism done by smart people in the early 1980s. And I liked what she did with the New Yorker too. But this is just crap. The Hillary article is embarrassing, both to the auth ...

Document Size:	5489
Author:	Doug Henwood
Date:	Thu Aug 5 05:34:52 PDT 1999

39959 back to 1835! -- rank: 1000

Roger Odisio wrote: >When I said rich folks don't need the bonds, I meant in the sense of >having lots >of other alternatives. But they use them now (govt. bonds are a small >part of >rich folks' portfolios, but they receive the lion's share of the money, >so the >redistribution is there). U.S. government debt accounts for about 17% of total credit market debt, and government-sponsored enterprises and "federal-related mortgage pools," like Fannie Mae, account for ...

Document Size:	5351
Author:	Doug Henwood
Date:	Wed Aug 4 18:17:35 PDT 1999

39960 food stamps -- rank: 1000

The GAO report on reasons for declining Food Stamp participation is just up at <http://www.gao.gov/new.items/rc99185.pdf>. Doug

Document Size:	4566
Author:	Doug Henwood
Date:	Wed Aug 4 14:51:47 PDT 1999