October 2011 - P2P-Foundation - lists.ourproject.org

Why We Need A People Centred Approach To Banking?
by robert searle 08 Oct '11

08 Oct '11

One of Professor Prems Sikkas articles for the Guardian newspaper. Some years ago he was one of those who appeared to understand the huge importance of Transfinancial Economics. He recommended TFE being known to as many people as possible http://www.guardian.co.uk/commentisfree/2009/mar/10/financial-crisis-banking

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Fw: [Arthakranti] Each U.S Citizen Owes $3, 719 To China And $475 To Russia
by robert searle 08 Oct '11

08 Oct '11

----- Forwarded Message ----- From: Narendra Khot <nvkhot(a)gmail.com> To: nvkhot <nvkhot(a)gmail.com> Sent: Friday, 7 October 2011, 17:45 Subject: [Arthakranti] Each U.S Citizen Owes $3,719 To China And $475 To Russia Each U.S Citizen Owes $3,719 To China And $475 To Russia __._,_.___ Reply to sender | Reply to group | Reply via web post | Start a new topic Messages in this topic (1) Recent Activity: Visit Your Group Switch to: Text-Only, Daily Digest • Unsubscribe • Terms of Use . __,_._,___

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Stiglitz on Corporate Criminals...
by robert searle 08 Oct '11

08 Oct '11

The following maybe of interest. Joseph Stiglitz: Put Corporate Criminals in Jail www.dailyfinance.com In an interview, the Nobel Prize winning economist decries the institutionalized system of skewed incentives that allowed Wall Street bankers and other corporate execs to gamble with the country's wealth, and then get away largely scot-free. What happened to "with justice for all," he asks.

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greens support filesharing
by Michel Bauwens 07 Oct '11

07 Oct '11

http://torrentfreak.com/european-greens-want-to-legalize-file-sharing-ban-d… Hi Chris, can you also republish in our regular blog? many thanks!! -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

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Fw: Bill Nighy has sent you an email
by robert searle 07 Oct '11

07 Oct '11

----- Forwarded Message ----- From: Robin Hood Tax Campaign <donotreply(a)robinhoodtax.org.uk> To: dharao4(a)yahoo.co.uk Sent: Friday, 7 October 2011, 10:53 Subject: Bill Nighy has sent you an email View email in browser Dear Supporter, Play your part in our new interactive film - narrated by me and starring you In my role as ambassador for the campaign, I’ve seen how your sense of fairness has been stretched to the limits by the continued spectacle of big bonuses and pay increases in the financial sector, while people across the UK suffer. The social contract between the financial sector and society has been broken. Now is the time to fix this, and we have a real chance of doing so. The clamour for the Robin Hood Tax is growing. So we need you to spread the word using our brilliant new interactive video – narrated by myself. Make your own video >> Just upload a picture of yourself or the person you want to tell about the Robin Hood Tax – and their face will magically appear in a personalised video explaining how this simple tax can raise billions to tackle poverty and climate change, in the UK and worldwide. So what are you waiting for? It’s time to make the news and rewrite the future. Make your own video >> Campaign Update This is our time. The Robin Hood Tax really can happen. Want proof? Well… - 30 countries now officially support the tax. - French President Nicolas Sarkozy is leading the charge. And when he chairs the G20 Summit in Cannes in November, he’ll ask the world’s most powerful politicians to vote for a Robin Hood Tax. - 1,000 leading economists have called for a Robin Hood Tax. - And all over the globe, millions of amazing supporters are also taking action – including 256,000 fans on Facebook! CONTACT US | TERMS & CONDITIONS | PRIVACY POLICY Copyright © 2010 The Robin Hood Tax Click here to unsubscribe from Robin Hood Tax updates

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An Interview with a Governor...
by robert searle 07 Oct '11

07 Oct '11

This maybe of interest. http://www.bbc.co.uk/news/business-15208235

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Credit Easing....
by robert searle 07 Oct '11

07 Oct '11

The following maybe of interest. http://wikiminster.com/news/244-wikiminster-writer

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More on Wall Street Occupation... from the Washington Times!
by robert searle 07 Oct '11

07 Oct '11

Their seems to be quite alot of reports on the internet about the "Occupation" http://www.washingtontimes.com/news/2011/oct/6/notes-from-wall-street-occup…

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Fw: William Lazonick: How Wall Street Hurts the Innovative Enterprise + Woodford and Davidson respond to Kay
by robert searle 07 Oct '11

07 Oct '11

----- Forwarded Message ----- From: Institute for New Economic Thinking <Institute_for_New_Economic_Think(a)mail.vresp.com> To: dharao4(a)yahoo.co.uk Sent: Friday, 7 October 2011, 3:04 Subject: William Lazonick: How Wall Street Hurts the Innovative Enterprise + Woodford and Davidson respond to Kay Click to view this email in a browser Hi Robert Searle, Today we present you the latest video of our grantee interview series "30 Way to Be an Economist", as well as direct responses from Michael Woodford and Paul Davidson to John Kay's recent INET paper "The Map Is Not the Territory." William Lazonick - How Government Helps, and Wall Street Hurts, the Innovative Enterprise Innovation drives economic growth and welfare, and the industrial corporation drives innovation, says William Lazonick. But just how do corporations innovate? The key idea is commitment. People with knowledge of and experience in particular industries commit to a business model that ventures into unknown territory. The main problem is that modern financiers are not prepared to support commitment, and the modern executive pushes for stock buy-backs -- that is how Wall Street undermines innovation. Understanding how organization drives innovation -- this is new economic thinking.Link to video Michael Woodford: What's Wrong With Economic Models? A Response to John Kay Woodford, John Bates Clark Professor of Political Economy at Columbia University, takes issue with the rational expectations postulate. A researcher's aspiration to internal consistency and to explanation of people’s choices in terms of individual rationality, he says, does not imply the postulate of rational expectations. The future of macro may well make "the formation and revision of expectations an object of analysis in its own right."Link to blog post Paul Davidson: A Response to John Kay Davidson, Editor of the Journal of Post Keynesian Economics, and Visiting Scholar at the Schwartz Center for Economic Policy Analysis, takes issue with the “classical” axioms, in particular with what he calls the "ergodic axiom": the notion that the future is predetermined by the past and present state of affairs, that past and knowable probability distributions govern future events. He praises rigor, consistency, and the deductive approach, but says the classical axioms are inapplicable to the world we live in: “The financial crisis of 2007-2009 should have been sufficient empirical evidence to indicate that the axiomatic basis of the mainstream theory needs to be replaced.”Link to blog post Sincerely,Perry MehrlingINET Senior Advisor Please do not reply to this message. This email was generated automatically and responses are not monitored. History of Economics Playground Progress in Economics: A Commentby YANN GIRAUDFor an historical point of view, first, I think it is important to understand that what we call "progress" is something that has changed dramatically over time...Bretton Woods, Past and Present: 3. Models in Economicsby PEDRO DUARTE with video produced by THE KIDSI cannot resist but to start quoting Mary Morgan's second entry to the second edition of the New Palgrave: “Modeling became the dominant methodology of economics during the 20th century.” ... Follow the INET Blog Economics and Realityby HARALD UHLIGThe Chairman of the Economics Department of the University of Chicago poses the question of how reality in the form of empirical evidence does or does not influence economic thinking and theory, and suggests some answers.The Map Is Not the Territory: An Essay on the State of Economicsby JOHN KAYJohn Kay spells out methodological critiques of economic theory in general, and of DSGE models and rational expectations in particular. The paper is concerned with the relation of quantitative models to the world in which we live, and with evergreens such as the implications of unrealistic assumptions in economic theory. The Money View Lords of Finance Redux: Forget the G7, Watch the C5by PERRY MEHRLINGMartin Wolf endorses Adam Posen's call for quantitative easing at the Bank of England, and then goes one better, calling for direct monetary finance of government spending, i.e. helicopter money. Problem is, the world doesn't want pounds, it wants dollars...Europe Ground Zero: Financial Globalization versus the Nation Stateby PERRY MEHRLINGAt its core, this rolling crisis is really about financial globalization. Both words are important. When I say globalization I do not mean primarily trade in goods and services, but rather the integration of previously national money markets and capital markets... New design Welcome to our newly redesigned newsletter featuring more content than we've ever offered before. We think you're going to like it. INET recommends Olivier Blanchard on fiscal policy: A complicated gameKeynes versus Tinbergen and the role of Keynes in the history of econometricsBlog by DAVE GILES From the archive Wendy Carlin: The Challenge of EuropeBRETTON WOODS TALKThe institutional wage bargaining that characterizes the German labor market was not available in the periphery, and that's one reason why inflation was low in Germany and high in the periphery, says Wendy Carlin. Follow us TwitterFacebookYoutubeRSS feeds Contact us info(a)ineteconomics.org If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe Institute for New Economic Thinking 570 Lexington Avenue 39th Floor New York, New York 10022 US Read the VerticalResponse marketing policy.

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Fwd: Hazel Henderson and Ethical Markets October Update
by Michel Bauwens 07 Oct '11

07 Oct '11

---------- Forwarded message ---------- From: Hazel Henderson <admin(a)hazelhenderson.com> Date: Thu, Oct 6, 2011 at 10:35 PM Subject: Hazel Henderson and Ethical Markets October Update To: michelsub2004(a)gmail.com Dear Colleagues and Friends, We have been covering the Occupy Wall Street <http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>movement which is spreading in other US cities, with news and background <http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>on this populist effort, now also supported by key influentials including George Soros, Joseph Stiglitz, Jeff Madrick and other economists. We are honored to announce several distinguished new members who have joined our Advisory Board; full bios available on our Advisory Board page<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…> : LADISLAU DOWBOR, professor, economist, author; Sao Paulo, Brasil, for his concern for Globalization/North-South Equity * * DAVID LEVINE, Cofounder & Executive Director, American Sustainable Business Council, Washington, DC, for their concern for Small, Medium-size Enterprise, Micro-finance /Community Development * * HELEN MASLOCKA, Life Sciences and Green Technology Social Entrepreneur, Writer and Poet, Aptos, CA, for her concern for Globalization/North-South Equity SIMRAN SETHI, our host in many of our Ethical Markets TV programs and Associate Professor, Journalism, University of Kansas, USA, for Corporate and Government Accountability Research Our EthicMark® Award, founded by Hazel Henderson in 2004, now in collaboration with the World Business Academy and Rinaldo Brutoco, of our Advisory Board, and with Notre Dame University, was presented Oct. 2 at SRI in the Rockies, co-founded by Steve Schueth, also on our Advisory Board. See the winners <http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>and honorable mentions posted on EthicalMarkets.com. We were honored to be invited, along with ministers and experts from the OECD's 34 member countries to comment on the Energy Report<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>of OECD'sGreen Growth<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>Strategy. Hazel Henderson's article Green Transition on the Global Agenda<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>is on CSRWire and several of her book reviews are posted on SeekingAlpha.com: * Book Review: 'Reinventing Fire'<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>by Amory Lovins * Book Review: 'The Responsible Business: Reimagining Sustainability & Success'<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>by Carol Sanford * Book Reviews: Treasure Islands and Only the Super-Rich Can Save Us!<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>by Nicholas Shaxson and by Ralph Nader Conferences: Rosalinda Sanquiche will be presenting on the panel "Walk the Walk"<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>at the PRSA Annual Conference in Orlando, FL, Oct. 17, 2011. Rosalinda Sanquiche and Advisory Board member David Levine will represent Ethical Markets at the UNEP FI Global Roundtable<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>"The Tipping Point: Sustained Stability in the Next Economy" Washington, DC, Oct. 19-20, 2011. Ethical Markets is a Media Partner and can offer you a discount code for registration *UNEPTEN*. Ethical Markets is a media partner to Sustainable Brands "Issues in Focus: The Future of Sustainable Business Metrics"<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>, aligned with our Beyond GDP, Oct. 24, 2011. Pamela Olsen, our Advisory Board Director, will be attending the SVN Fall Conference<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>, to which Ethical Markets is a media sponsor, Oct. 27-30, 2011. Ethical Markets is a media partner to TBLI Europe<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>, London, Nov. 10-11, 2011, organized by Advisory Board member Robert Rubenstein, CEO and Founder of Brooklyn Bridge - TBLI Group. Ethical Markets is a media partner to the Opportunity Green Business Conference<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…> at Los Angeles Center Studios, Nov. 10-11, 2011. HAZEL HENDERSON D.Sc.Hon., FRSA, author, futurist, president - Ethical Markets Media, LLC PO Box 5190, St. Augustine, FL 32085; Phone 904/829-3140, Fax 904/826-4194 www.EthicalMarkets.com<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…> , www.EthicalMarkets.tv<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…>, www.hazelhenderson.com,<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…> www.calvert-henderson.com<http://r20.rs6.net/tn.jsp?llr=ezgbu6dab&et=1108003988322&s=3028&e=001lBwTJW…> Check TV listings for our latest show The Money Fix on PBS affiliates. Forward email<http://ui.constantcontact.com/sa/fwtf.jsp?llr=ezgbu6dab&m=1103726943012&ea=…> <http://visitor.constantcontact.com/do?p=un&mse=001huosoi0q9Qb6KEc-FkCMy5Z6E…> <http://www.constantcontact.com/index.jsp?cc=TEM_Basic_206> This email was sent to michelsub2004(a)gmail.com by admin(a)hazelhenderson.com | Update Profile/Email Address<http://visitor.constantcontact.com/do?p=oo&mse=001huosoi0q9Qb6KEc-FkCMy5Z6E…> | Instant removal with SafeUnsubscribe<http://visitor.constantcontact.com/do?p=un&mse=001huosoi0q9Qb6KEc-FkCMy5Z6E…>™ | Privacy Policy <http://ui.constantcontact.com/roving/CCPrivacyPolicy.jsp>. Ethical Markets Media | PO Box 5190 | Saint Augustine | FL | 32084 -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

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