Protectionism: Krugman half right, halved wrong*
I can’t refute Krugman. Institutions matter. But just what is an institution anyway. A stop sign, Burger King, constitutional conventions the EMU? All of the above? Sadly yes including gold…
Travis
Shorter Waldmann on Yglesias and monteraism
The long version is here. Apparently Mr.. Waldmann was tricked into reading Matt Yglesias on monetary policy. Waldmann’s observation goes something like this in short from: Hey Matt you have…
Flanagan’s flop reveals deeper truth about the nature of hypocrisy in Canada
I am not writing this blog post with the idea that the right to free speech, or expression is without limit. Tom Flanagan proves that in exercising that right, the…
Flanagan’s flop reveals deeper truth about the nature of hypocrisy in Canada
I am not writing this blog post with the idea that the right to free speech, or expression is without limit. Tom Flanagan proves that in exercising that right, the…
Why I adore Bill Mitchell’s Billy Blog
Ratings firm plays the sucker card … again Posted on Monday, February 25, 2013 by bill Companies that sell shonky products under false pretenses are typically prosecuted by the authorities.…
Is Heterodox Economic Pedagogy Flawed?
I won’t bury the lead. Yes I think heterodox pedagogy is critically flawed at least at the popular and undergraduate levels. Yesterday I had the fortune of bearing witness to…
How absurd has multinational corporate practice gotten? According to the OECD ridiculous
It is really hard being an honest analyst. You spend most of your time being ridiculed by your on-the-take (in one form or another) adversaries. But sometimes the data speaks…
Looking for Dr. Goodpain? Check the Reflection in the Mirror Dr. Krugman
Far be it from me to cast a pox on what has been one of the only few bright lights in the last few years but premises matter. In Krugman’s…
The Bad Taste and Big Waste of Public Private Partnerships
This is a guest post written by Eric Newstadt, the GM of the Ryerson Student Centre. This post highlights why P3s are a preordained and preplanned market failure. —————- For…
Putting lipstick on the PIIGS: the health of modern macroeconomics
Ok, so some of the best economists, trained at elite institutions, working for the pinnacle of the of the financial world got it wrong, very wrong. How wrong? Just go…
A Little Shame on the Globe and Mail: Much Shame on Jill Mahoney
Well that is that. Still there is some unfinished business left. Jill Mahoney typed out one of those credible enough on the surface columns for the Globe that Failed titled:…
The Deadly Myths of Globalisation
What follows is the introduction to a talk I gave at the 3rd Innis Christie Lecture & Symposium in Labour and Employment Law. My sister was educated at the Dalhousie…
Bullshit in absolutes: or how ‘liberal’* economists argue with themselves
We can perhaps amend an old Ethiopian saying to read “absolutes are for infants and kings”. It is catechism worth remembering when arguing with liberal economists. For theirs is not…
From an Anglo to the Anglophones in Quebec
It is odd being an Anglo in Quebec. But not because I feel apart from the Francophones. Indeed, it is Anglo community that I feel estranged from. I live in…
Quebec election: the faux choix of the first two days
As everyone knows by now, Quebec is headed into a summer election. The Liberal party is trying to define the election as a choice between democracy or protest. As someone…
Resuming the blog
I apologize that my posting rate has dropped to zero. It has been an incredibly hectic summer. I finally finished my book and have begun paying off my time debt…
The real Zombie that won’t die: The Myth of Crowding Out
Don’t get me wrong I am really encouraged that Mr. Moffatt took it upon himself to echo what we should all know by now: debt is not the story behind…
Black out
Tweet
Unravelling Conservative Labour Market Policy: The Maximum Wage Law.
The OECD and the CATO institute have both consistently ranked Canadian labour markets as some of the most flexible in the advanced capitalist world. Indeed, Canada ranks only second to…
From Democracy to Imperial Government: The Conservative War on Raw Facts Continues
It is not really a secret that our conservative government feels a certain unease about facts. Be they those facts which relate to the F35 costs or those facts which…