Western leaders weren’t listening in 2006 and 2007 when genuine “thinking” economists like Krugman and Stiglitz were warning that their house of cards was about to collapse. Even self-proclaimed economists…
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…
First it was Papandreou of Greece and now Berlusconi of Italy has resigned in the wake of a bailout agreement. These resignations are being played in the corporate media as…
This and that for your Thursday reading.- J. David Hulchanski identifies the most important common theme within the Occupy movement:One thing the “Occupy” movement does not lack is a clear…
Fake fiscal emergencies are breeding the need for 'austerity measures' which must be resisted.
When the New York City cops went in hammer and tongs - or rather, truncheons and pepper spray - to try and drive out the Occupy Wall Street protesters a…
Shorter Stephen Harper:Unless the beatings intensify, morale will never improve.
It's one of those "truths" in politics that is beyond questioning, like the "necessity" of an independent (i.e. free from democratic controls) central bank, but which, like everything else has…
Is there nothing the Batshit crazy won’t stop at in the name of austerity? Here’s something that could warm the heart of Super Vic Toews. According to a report from…
As Parliament heads into a week off, let's get caught up on what happened in the last couple of weeks before its break - starting with a day that focused…
Assorted content for your afternoon reading.- Ladies and gentlemen, your fully accountable Treasury Board president:Clement, the MP for Parry Sound-Muskoka and a former Ontario cabinet minister in the Mike Harris…
There are so many ways that capitalism is absolutely irrational (not to mention inefficient at allocating resources) - the fact that the USA spends $1 trillion on "defence" while children…
This and that for your Sunday reading.- David Olive weighs in on the disastrous results of the all-too-prevalent obsession with austerity when economic conditions are still fragile around the globe:From…
Miscellaneous material for your Friday reading.- Susan Riley points out that nothing positive figures to come from the Cons' plans to slash Canada's public service:No good will come of proposed…
I feel like I'm repeating myself, having just written that the global crisis is not a crisis of debt but, rather, that the debt is a symptom of the long…
Finance Minister Jim Flaherty and Stephen Harper are all over the media attacking European Union politicians for failing to take decisive action to deal with the "debt overhang", particularly in…
If you're the government and you want to find "gravy" - to pick a random metaphor - that you can eliminate in the provision of services in order to reduce…
With the start of the fall session of Parliament I'll plan to resume taking a daily look at what happens in the House of Commons - with a particular focus…
This and that for your Tuesday reading.- Alex Himelfarb offers a warning about Canada's current inequality trap:In a society with just a few winners and many losers, a case can…
During the nineties, the predominant form of economic crisis that could hit a nation was the currency crisis whereby the value of a countries currency drops precipitously. Most infamously was…
