PEN-L
mailing list archive
[ Other Periods
| Other mailing lists
| Search
]
Date:
[ Previous
| Next
]
Thread:
[ Previous
| Next
]
Index:
[ Author
| Date
| Thread
]
Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
- To: "Progressive Economics" <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
- From: Sandwichman <lumpoflabor@xxxxxxxxx>
- Date: Thu, 15 Jan 2009 09:22:11 -0800
- Dkim-signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=gamma; h=domainkey-signature:received:received:message-id:date:from:to :subject:in-reply-to:mime-version:content-type :content-transfer-encoding:content-disposition:references; bh=+s5MSaRRj45SCzwmmOYiVZxfR/hd9MROf6TnkAEOPTk=; b=Nf9pez3pUI4kVo04aZ/uhgftqVtMeM0U4+ZGjP20AZ1lACwJtDpT7r5y7EHEfbj0X6 GRH2Wv9WFLbcEPVbRjrthvPqj69hwAKitaA1Mp7y1Cfjj2heWqj5aEC7Si2fekqAetON 1At3WmUAdd/jcqZYZdlHQDS+dqrT4G3+O0PPE=
- Domainkey-signature: a=rsa-sha1; c=nofws; d=gmail.com; s=gamma; h=message-id:date:from:to:subject:in-reply-to:mime-version :content-type:content-transfer-encoding:content-disposition :references; b=EIwJDGwNSmi41HrgRw+EoKJTZeUFsHgRUa2NR0Ek5zHlwL4rYmQPuW8BMJ+PBYyJ50 kXpfl/qsgGz57+flHZS6HpW+dTwLrfShri3/lk4B6qrWlyat8QEwax1e457113og5lbQ mfsE4E+sayVyJ+RQaqLjatV33xEublsvDFU80=
Isn't also the holding of cash an "imperfect proxy" for something
else, namely the (subjective) "utility" provided by the goods or
services that the money can buy?
On Thu, Jan 15, 2009 at 9:10 AM, Doug Henwood <dhenwood@xxxxxxxxx> wrote:
> So studies of the effects of
> housing wealth on consumption are looking at an imperfect proxy for
> something, not the thing itself.
>
--
Sandwichman
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l
- Thread context:
- Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck, (continued)
[ Other Periods
| Other mailing lists
| Search
]