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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Karen Lawrence who wrote (57484)	11/17/2002 12:50:33 AM
From: paul_philp	Read Replies (1) \| Respond to of 281500

If Greenspan's interest rate hikes and drops didn't affect anything, then what was the interest in his every move? I did not claim that the Fed has no consequence. Clearly in the shorter term inventory business cycle monetary policy is crucial. These are the waves on the ocean. Technological change are the tides. Who is Claude Shannon? bell-labs.com Murray Hill, N.J. (Feb. 26, 2001) -- Claude Elwood Shannon, the mathematician who laid the foundation of modern information theory while working at Bell Labs in the 1940s, died on Saturday. He was 84.