[lit-ideas] FW: Re: Englehardt, Cold Warrior in a Strange Land
- From: "Andy Amago" <aamago@xxxxxxxxxxxxx>
- To: "lit-ideas" <lit-ideas@xxxxxxxxxxxxx>
- Date: Thu, 23 Mar 2006 13:42:48 -0500
Without looking it up, Chicago School is monetarism. It's using interest rates
to control the amount of money flowing through the economy at any one time,
heading off inflation; deflation, stagflation (1970's). Sooo much more
interesting than nutrition. I'm not an economist, just took a course in macro
once, had a fantastic instructor. I think I'm one of the few who got it. He
once said "invisible hand" (of Adam Smith) and one of the girl students
laughed, she thought he was talking about a cartoon.
----- Original Message -----
From: Andy Amago
To: lit-ideas@xxxxxxxxxxxxx
Sent: 3/23/2006 1:30:28 PM
Subject: [lit-ideas] Re: Englehardt, Cold Warrior in a Strange Land
Lawrence, I'm impressed. I almost didn't go into this link but I did it
anyway. Since when do you read Russian? I'm not going to plow through this
whole thing, but where did you see the $293 billion? (Not that that's exactly
a small amount of money; a third of a trillion instead of a half.) This is
getting weirder and weirder. When I went into your link on the web site, it
came up in Russian. I found the armies page and the U.S. page. It's this
link:
http://topgun.rin.ru/cgi-bin/texts.pl?category=state&mode=show&unit=19&lng=rus
When I went into it in on the email, it came up in English. So I take it back,
I'm not impressed. You don't read Russian. Now after I send this I'll see if
the link is in English or Russian.
Anyway, Keynes is not an assertion. It's a theory. It was used during the
Depression and used without calling it so during WWII. Supply side is another
(Chicago School is yet another, but that's for another time; I'd have to
refresh it for myself anyway. I think it's what the fed does. I love
economics). Likewise, Vietnam took everything we gave them and didn't cave.
Iraq is winning on home made stuff, and Afghanistan is the world largest narco
state, producing 90% of the world's opium, almost completely lawless outside of
Kabul. These are facts. Theories and arguments are okay, but money makes the
world go round. And the U.S. is living on borrowed money. And now to see if
the above site opens in Russian or English.
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