Re: Up From Debt Reduction

To: pen-l@xxxxxxxxxxxxxxxxxxx
Subject: Re: Up From Debt Reduction
From: Michael Perelman <michael@xxxxxxxxxxxxxxxxx>
Date: Sun, 26 Aug 2001 20:09:53 -0700

Max, in your article you say that Penner says that debt reduction
caused a slight amount of growth.  Does he mean that debt
reduction had a greater effect than the corresponding drop in
spending/taxation; or that debt reduction => interest rate
declines that => a slight growth?

Max Sawicky wrote:

> http://www.populist.com/01.16.sawicky.html

--

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx

References:
- Up From Debt Reduction
  - From: Max Sawicky

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Thread context:
- Re: WB/IMF reconstructing capitalism yet again- !!??, Charles Brown Fri 24 Aug 2001, 02:53 GMT
- Shopology, Ian Murray Fri 24 Aug 2001, 02:39 GMT
- Brazil deconstructs, Ian Murray Fri 24 Aug 2001, 02:07 GMT
- Up From Debt Reduction, Max Sawicky Fri 24 Aug 2001, 00:23 GMT
  - Re: Up From Debt Reduction, Michael Perelman Mon 27 Aug 2001, 03:04 GMT
  - <Possible follow-up(s)>
  - Re: Up From Debt Reduction, Rakesh Bhandari Fri 24 Aug 2001, 08:20 GMT
  - RE: Re: Up From Debt Reduction, Max Sawicky Mon 27 Aug 2001, 13:32 GMT
    - Distinguished Order of Miserabilists Update, Rob Schaap Mon 27 Aug 2001, 14:28 GMT
      
      Re: Distinguished Order of Miserabilists Update, Eugene Coyle Tue 28 Aug 2001, 00:14 GMT

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