The Children’s Hour
Ezra Klein cuts to the chase in today's Washington Post. The White House wanted $400 billion in revenues, and John Boehner knew he couldn't get the deal through the House:But…
economic crisis
How Little Wisdom
Paul Krugman has a right to be pessimistic. The powerful elites on both sides of the Atlantic suffer from group think. And, instead of proving the truth of the old…
Arbitrate This!
Does anyone else find it odd that a free-market-worshipping government can happily leap into the fray to micro-manage a labour market outcome (deciding, for example, that postal workers must get…
International Journal of Labour Research
The new issue of the International Journal of Labour Research (edited by Canada’s own Pierre la Liberte ) entitled “Crisis: Causes, Prospects and Alternatives” is now available. The issue takes…
A rotting fruit that does not give vent to its own demand?
Given we seem to be stuck in fairly heady economic times it seems worthwhile to me to put out another post on the subject of employment, labour force growth and…
Best Books on the Economic Crisis
With the Summer reading season at hand, here is a short list – in no particular order – of the best books I have read over the last couple of…
A View From The Volcano: Report From Greece
This is a fascinating interview from the British Socialist Worker Newspaper on what's going on in Greece. All we're really getting is the maneuverings and panic of the politicians and…
China or Greece: Which Is The Next Lehman Brothers?
Back in 2007, when the US Fed let the 100-year old Lehman Brothers investment bank go belly up, it was like a blasting cap that blew apart the global economy.…
Greek Meltdown: People vs Banks
Forget the riots in Vancouver by angry hockey fans, things are really on the boil in Greece. After a year of austerity measures that have all but killed the economy…
Is Capitalism Terminally Ill?
Today (June 15th) the Toronto Star broke news that the NDP was planning to drop the term “socialism” from its party’s platform. This was a mere formality of what had…
Today’s U.S. Economic News: This Parrot Is Dead
The jobs report is out and like all of the other economic indicators, it shows that the US economy is going nowhere fast. The whole of this year has been…
The Tories’ Bankrupt Brains
"I see, said the blind man to the deaf dog, who wasn't listening anyway" is a phrase that comes to mind reading reports of federal Finance Minister Jim Flaherty's press…
The Return Of Stagflation?
Those of us around in the 1970s will remember the term stagflation - a combination of economic stagnation and inflation that created a conundrum for bourgeois economists: do you move…
Exiting from the Crisis
“Exiting from the Crisis: Towards a Model of More Equitable and Sustainable Growth” is a new book (over 270 pages) now available on line. This volume of essays from global…
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…
Good Jobs For All
The policy paper to be presented to the CLC Convention next month is now posted on our web site and is well worth reading. http://www.canadianlabour.ca/sites/default/files/pdfs/policypapergoodjosen.pdf