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41611 Microsoft and Anti-Trust -- rank: 1000

John St. Clair wrote: >Since this list is ostensibly a "left business" list, I wonder about your >take on the Microsoft anti-trust issue. Doug, since the coverage in the >NYTimes has been horrible (tech journalists seem to be one-source wonders), >could you add any infogossip on the states' case? I'm especially interested >in the difference between the JD/AG's positions on (a) must-carry and (b) >bundling. NYT's coverage indicates that the states were trying to stop n ...

Document Size:	7156
Author:	Doug Henwood
Date:	Tue May 19 08:41:48 PDT 1998

41612 populism vs. Marxism (was RE: Frank Sinatra) -- rank: 1000

William S. Lear wrote: >So, HCM murdered 1.5-2 million people? I wasn't aware of this. Yeah, I most of the killing in that neighborhood was done by B-52s, with a little help from all the unacknowledged Calleys. Doug

Document Size:	4818
Author:	Doug Henwood
Date:	Mon May 18 14:05:09 PDT 1998

41613 Eurobond market -- rank: 1000

Dennis R Redmond wrote: >One question for the list: does anyone know of a ready source for the net >international investment positions of the world's major economies? In one of its few services to humanity, the IMF now publishes this in the monthly International Financial Statistics. Here's what I computed about six weeks ago for the paperback edition of Wall Street (due next month!): NET FOREIGN ASSETS 1981 1985 1990 1993 1996 % of GDP U.S. +12.3% +3.4% ...

Document Size:	5570
Author:	Doug Henwood
Date:	Mon May 18 13:53:40 PDT 1998

41614 Eurobond market -- rank: 1000

Chris Burford wrote: >So although there will be an issue of whether the Italian government will >weaken the euro, and whether the other states will let it, what is the >point of having a major world currency if the other countries of the world >cannot have the pleasure of subsidising your economy by lending you money >free. Though Italy will issue debt in euro (or is it euros? someone clarify!) it can still be scrutinized as a credit and have to pay a premium over Germany, which c ...

Document Size:	5329
Author:	Doug Henwood
Date:	Mon May 18 13:44:36 PDT 1998

41615 "The Big One" -- rank: 1000

Charles Brown wrote: > They should >all be put up against the wall. > >Louis P.. > > >Charles - Where is Stalin when you need him ? Is it true that Stalin said "for some people, four walls are three too many"? Doug

Document Size:	4665
Author:	Doug Henwood
Date:	Mon May 18 13:38:49 PDT 1998

41616 taxi driver solidarity -- rank: 1000

Folks in & around NYC: From: Same Boat Coalition <sameboat at igc.apc.org> Subject: Taxi driver solidarity Dear Friends: We have received communications from the New York Taxi Drivers Alliance (formerly the Lease Drivers Coalition), a non-profit organization which says they "fights for the rights of taxi drivers whose daily earnings are swindled away by the TLC [Taxi and Limousine Commission], garage owners, brokers, and the NYPD [New York Police Department]." It is the grou ...

Document Size:	6085
Author:	Doug Henwood
Date:	Mon May 18 12:12:04 PDT 1998

41617 Economics of Taxi Medalions (Re: taxi! taxi! -- rank: 1000

Nathan Newman wrote: >But if the central issue for the cab drivers are the high fixed costs of >renting >their cabs every day, then it is reasonable for progressives to discuss longer >term solutions. Well of course - expropriate the expropriators! The problem with focusing so obsessively on the number of medallions is that it plays right into the deregulation agenda. Let free entry and free markets rule! You'd want some control over the supply to prevent deflationary competition. Do ...

Document Size:	5096
Author:	Doug Henwood
Date:	Mon May 18 12:10:53 PDT 1998

41618 On the status of the pen-l list -- rank: 1000

Nathan Newman wrote: >What the balance between LBO-TALK and >PEN-L should be I can't say, but more places to discuss these issues should >enhance opportunities over time, especially with a reasonable amount of >periodic >cross-posting to cross-fertilize ideas. Like I said when I started lbo-talk, given the list-owner's line of work (oh, the joys of ownership!) and the newsletter's beat, political economy would be somewhere between a strong and dominant presence, but I want it to i ...

Document Size:	5136
Author:	Doug Henwood
Date:	Mon May 18 12:00:37 PDT 1998

41619 Economics of Taxi Medalions (Re: taxi! taxi! -- rank: 1000

Nathan Newman wrote: >I am unconvinced that limiting the medallions helps workers in the long >run, but >can people provide other reasons why it supports the public interest to limit >the number of medallions? Nathan, the number of medallions isn't the central issue of the moment, it's the Mayor's plan to ratchet down drivers' incomes and to hold them up to public humiliation. I'm very impressed by the solidarity shown by the non-yellow cabbies - they understand what's at stake too. ...

Document Size:	5114
Author:	Doug Henwood
Date:	Mon May 18 11:21:11 PDT 1998

41620 the wisdom of spellcheckers -- rank: 1000

PageMaker's spellchecker doesn't recognize AFL-CIO as a compound; for the CIO portion, it helpfully suggests CIA as an alternative. Doug

Document Size:	4531
Author:	Doug Henwood
Date:	Mon May 18 07:47:45 PDT 1998

41621 "The Big One" -- rank: 1000

Patrick Bond wrote: >John Pilger I've got a piece in the LBO going to press today on Vietnam, but an American journalist based there (who must remain anonymous). I faxed her the excerpt from Pilger's latest book that ran in the latest Covert Action Quarterly (speaking of which, the owners, Lou Wolf, Bill Schaap, and Ellen Ray, fired the whole editorial staff about 10 days ago; anyone interested in the staff's side of the story, email me, and I'll send you their memo on the topic). Pilger's st ...

Document Size:	5399
Author:	Doug Henwood
Date:	Mon May 18 06:10:46 PDT 1998

41622 Banking on the Eurostate -- rank: 1000

Dennis R Redmond wrote: > Europe ought to be a hot market >for your book: ammo for the Euro-Left. Any translations out there yet? Translations? Hey, the euro-language is English! Doug

Document Size:	4595
Author:	Doug Henwood
Date:	Sun May 17 18:49:40 PDT 1998

41623 inflation -- rank: 1000

Brad De Long wrote: >They pretend that they are *banks*, not part of the "government"... They are, if you want to get technical about it, right? Who owns their shares and dominates their boards? Doug

Document Size:	4464
Author:	Doug Henwood
Date:	Sun May 17 17:34:30 PDT 1998

41624 Bakan on Vidal -- rank: 1000

Someone forwarded our recent exchange on Vidal & the Kushites to David Bakan of York University. Here's his response. Doug ---- Date: Sat, 16 May 1998 18:43:28 -0400 (EDT) X-Sender: dbakan at postoffice.yorku.ca Mime-Version: 1.0 To: winslow at yorku.ca, dhenwood at panix.com From: David Bakan <dbakan at yorku.ca> Subject: Re: God and the N-word >>Frances Bolton (PHI) wrote: >> >>>You are indeed thinking of Gore Vidal's review of the Thern book. I don't >>&g ...

Document Size:	9467
Author:	Doug Henwood
Date:	Sun May 17 10:03:21 PDT 1998

41625 inflation -- rank: 1000

The May 1 issue of the San Francisco Fed's Economic Letter has an article by one J. Bradford DeLong (no space - I'm confused on this) called "The Shadow of the Great Depression and the Inflation of the 1970s. Formed by the Great Depression, a generation of policymakers and central bankers let inflation get out of control. "Only after the experiences of the 1970s were policymakers persuaded that the minimum sustainable rate of unemployment attainable by macroeconomic policy was relative ...

Document Size:	6141
Author:	Doug Henwood
Date:	Sun May 17 09:58:04 PDT 1998