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 readingTag: investment
The 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 readingThe Progressive Economics Forum: The Ontario NDP Platform
Pollsters tell us that Ontario’s New Democrats may double their seat total in next month’s provincial election. It’s also entirely conceivable that they could be part of a coalition government at Queen’s Park. But what’s actually in the party’s election platform? One central feature of the NDP’s proposals is to implement a tax credit for companies that hire new workers. The tax […]
Continue readingThe Liberal Scarf: Liberals built this!
www.liberalsbuiltthis.ca
Had a great time this weekend taking part in the province wide Ontario Young Liberal blitz showing the great investments that the Ontario Liberal Party has made in families and communities across the province. Be it new school…
Continue readingUBC economist Milligan throws cake at educated, unemployed youth
I tuned into a rebroadcast of this morning’s the CBC’s the Current while cleaning the kitchen this evening which had an unusually good documentary on the problem of youth unemployment; specifically, the problem of university undergrads in f…
Continue readingThe Progressive Economics Forum: Is Canada’s Economy Wage-Led?
The parenthetical reference to Canada in my last post prompted several good comments. This post attempts to summarize and address them. Dr. Stockhammer has co-authored a paper with estimates for Canada, but he would be the first to note that they are mechanical and not necessarily relevant to policy. He finds that Canada’s domestic economy […]
Continue readingDeath By Trolley: The Wall Street Triple-Penetration
The Young Turks have ran a number of stories on how major investment banks have gamed the US and global economic systems. In the video presented below, they discuss how major investment bankers (e.g., Goldman Sachs) have effectively triple penetrated their investors and the global oil market, which affects all of us by driving up […]
Continue readingThe Progressive Economics Forum: The Conference Board on Weak Business Investment
I do not know if the Conference Board intended its latest release on sluggish investment in machinery and equipment to be taken up during the election campaign. However, as Canadian Press reports: The Conference Board report comes at a time when the issue of corporate taxes is a key demarcation point among the parties in […]
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