Like the good neoclassical economist he is, President Harper said on Friday that he and his bulldog want to indulge their pathological addiction to austerity and tackle that mean old…
Another follow-up; Craig Alexander, TD’s chief economist – it pains me to reference a classic neoclassical bank economist – noted on Lang and O’Leary last night that Canada’s debt to…
An addendum to yesterday’s post with some additional observations referenced from Tavia Grant’s report in The Globe and Mail today. I suggested yesterday that we’re in an economic whirlpool with…
Canadian household debt hits record high Okay, so Stats Can tells us today that Canadian household debt has reached a record high 152.98%, a level relative to income that surpasses…
Given the record profits of and incentives paid out in Cdn banks recently, there is no credible argument that says they can’t afford a financial service transaction tax, and, as…
Had a debate with a well-educated cardiologist this morning who said the occupy movement is missing a political opportunity because it doesn’t have a single focused message. How many times…
These remarks of Paul Krugman could easily apply to Canada, for it is essentially homeowners with their massively extended debt load who have bumped our debt to GDP ratio up…
Here are some followup comments that supplement my last post. The emerging picture of the Canadian economy is bleak. Inscribed as every government in the Western world is in neoclassical…
House prices have been speculatively bid up to 29% over real value with all the low interest, easy credit banks have been only too willing to give us. They’re just…
Steve Keen on BBC HARDtalk – YouTube: ““ ‘via Blog this’
Stephen Keen "Progress Occurs one Funeral at a Time" – Capital Account (11/10/11) – YouTube: ““ ‘via Blog this’
Occupy Economics – YouTube: ““ ‘via Blog this’
McQuaig: Occupy moves us into a new era – thestar.com Linda McQuaig says “Canada isn’t a dictatorship, and so protesters — like the group now ordered evicted from St. James…
On last night’s Lang and O’Leary Exchange, given that the odds were 3 to 1/2, Armine Yalnizyan held her own against Kevin O’Leary, Canada’s poster boy for capitalism, a bank…
What happens to the U.S. economy, as we all know, will affect Canada profoundly - which is no doubt why this Munk debate garnered so much attention here. The debate…
Legends of the Fail - NYTimes.com Borrowing, if you must, in your own sovereign currency matters, and austerity never works. Here are the facts, though I coud add the caveat…
The curse of austerity - thestar.com This is a very insightful analysis of our current situation. Here's a bit of a gloss on it: Neither the private sector nor consummer…
Two final thoughts today on the Greek crisis: 1) Under immense political pressure from within his own party, the opposition, and the EU - i.e., Germany - Papandreou was forced…
Live chat: Should we worry about Europe's financial crisis
Limits of Magical Thinking Steve Jobs wasn’t a technology visionary, but he convinced the world that he was. Steve Jobs was a disturbed and disturing individual, and he was no…
