The classical theorists resemble Euclidean geometers in a non-Euclidean world, who discovering that in experience straight lines apparently parallel often meet, rebuke the lines for not keeping straight—as the only remedy for the unfortunate collisions which are occurring. Yet, in … Continue reading →
Continue readingAuthor: Travis Fast
Rppe.org under attack
For those trying to access RPPE.ORG the site has been temporarily suspended do to an attack. It appears the attack was directed at the parent host. I knew something was up as I have had boat load of hits coming … Continue reading →
Continue readingGordon V Jackson: the corporate tax cut myth
Apparently Stephen Gordon is having a hard time figuring out where Andrew Jackson, the chief economist for the CLC, got the bizarre idea that: The argument for corporate income tax cuts has been that increased after-tax corporate profits would be … Continue reading →
Continue readingMigration update: RPPE.ORG is up.
As this blog has migrated over to its own domain and server I will not be accepting any new comments. For those who have made comments over the past couple of weeks please go here www.rppe.org and make your … Continue reading →
Continue readingSite migration underway
We have started the process of migrating this wordpress hosted blog to our new ORG domain and independent hosting service. http://rppe.org/ Filed under: Canadian Politics
Continue readingNGDP targeting: wither monetarism?
Monetarism is like a Zombie: it can be found theoretically wanting, empirically false and technically infeasible but in one form or another it just soldiers on. In some ways the hype surrounding the conversation about the possibility of moving from … Continue reading →
Continue readingRPPE going ORG
We will be transitioning to our own domain name and hosting services over the next couple of weeks thanks to some outside donations. We should have done this earlier. Thanks to all our readers and the great support. Filed under: … Continue reading →
Continue readingStimulative austerity bearing fruit in Britain? Not. Nor globally
George Osborne was quick out of the gates with the austerity as stimulus gambit. Which as everybody from myself to Paul Krugman predicted was going to be a flop. Osborne has been trying to save face by arguing that his … Continue reading →
Continue readingGangster Capitalism: Same as it ever was?
If you are going to read one thing and just one thing on the financial crisis and how it is working itself out you need to read this blog post at naked capitalism: the one stop shop for understanding contemporary … Continue reading →
Continue readingReturns to education: from a sure thing to a trip to vegas
Paul Krugman has pointed out, here and here that the meme that most of the inequality we have been experiencing of late has much to do with differences in educational attainment is bogus. Mankiw responds in typical fashion by changing … Continu…
Continue readingThe economy lab, the dark age of free trade theory, and the naive view on natural resources and economic development
Over at the Economy Lab in the Globe which Failed, which itself has gone from bad to worse, one of the economists they keep in their stable has either produced an extraordinarily naive analysis or a dishonest one. I am … Continue reading →
Continue readingNew Anti-Mankiw Blog and some alternative introductions to economics
There is a new economics blog on the nets dedicated to an analysis of Mankiw’s blog. Reminds me of the anti-Samuelson text book which served as one of my textbooks for an introduction to economics. That and Harcourt’s seminal text ̷…
Continue readingRepublican attack on collective bargaining halted
There is a certain paradox in what just happened in Ohio. Thanks to the provision in some states for direct democracy as opposed to a singular reliance on representative democracy a Republican law that would have in all but name … Continue read…
Continue readingThe Rebel’s Letter to Mankiw and some thoughts on education in economics
Yesterday I noted that 10 percent of Mankiw’s students walked out of his class to protest what they, rightly believed, to be a heavily biased introduction to economics. I think the students are right. Introductory courses are meant to introdu…
Continue readingMankiw’s students walk out
So about ten percent of Mankiw’s students figured out that Mankiw is a neoliberal. Harvard students should have known that by grade six. Better late then never I suppose. Filed under: Greg Mankiw, liberal economic theory, Neoclassical, Neoliberal…
Continue readingProfit, wage, NDP, and tax revenue growth in Newfoundland and Labrador
Although I covered it off in my rebuttal to the Minister of Finance Thomas Marshall in the last post I thought maybe a graphic would be a more compelling way to illustrate what has been going on in Newfoundland and … Continue reading →
Continue readingA without prejudice rejoinder to the Minister of Finance
On Wednesday of last week the Minister of Finance for Newfoundland and Labrador Thomas Marshall was interviewed by CBC Central Morning about a report I did for the Newfoundland and Labrador Federation of Labour (NLFL). In one respect, the fact ……
Continue readingThe 1 % responds: We all have lobbyists!
As the CBC bends over backwards to be fair and balanced they gave the top 1% the opportunity to respond to the Occupy Movement. I will not bother with the all the detail of the rather detail-less criticism of the … Continue reading →
Continue readingInterview on CBC Central Morning
CBC Radio Central Newfoundland Morning aired an interview they did with me about inequality and the future of development in Newfoundland and Labrador. The pod cast can be found here. It is the last of the three interviews on the … Continue r…
Continue readingInterview on CBC Central Morning
CBC Radio Central Newfoundland Morning aired an interview they did with me about inequality and the future of development in Newfoundland and Labrador. The pod cast can be found here. It is the last of the three interviews on the … Continue r…
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