The Flip Side of Fear
Fear and confidence make the markets go ’round. Most economic reports are intended to drive one or the other. The power of intention can be much more powerful than that…
economy
Wednesday Morning Links
Miscellaneous material for your mid-week reading. – Martin Papillon offers up some lessons for the NDP in Francois Hollande’s French presidential victory: Being ideological does not have to mean being…
How to Make Policy That Serves Us, Without Hurting Us
Everyone that cares about politics, should have an understanding of economics. Irwin Schiff’s cartoon, How an economy Grows? provides an easy to understand basis for economics, that doesn’t make the…
The real generational time-bomb isn’t in pensions
There is a definite concern world-wide about whether the younger generations can shoulder existing pension fund obligations for retiring baby-boomers and then for themselves. Every other month there are articles…
Parliament in Review – April 2, 2012
Monday, April 2 saw the second day of Peter Julian’s extended budget speech. And perhaps the point most worth noting is how many Canadians outside of Parliament took the opportunity…
Getting more out of job creators
Probably the best and most successful way to get more out of the job creators, is to convince them that they can make more money.
Saturday Afternoon Links
Assorted content for your weekend reading. – Gerald Caplan looks at the principled leadership which Stephen Harper embarrassingly made into an attack on the NDP as an example what Canada…
No, you can’t achieve anything you set your mind to
We all remember when we were kids or even adolescents how our parents used to tell us that we can accomplish anything we set our minds to, that we can…
Austerity or Growth? I thought it was Austerity and Growth?
Europe debate shifts to growth as austerity is failing. So what was the debate before? Well in September of 2011 it was ‘Developed nations struggle to restore growth‘, and here’s…
Canada may be secretly preparing to decouple from the USD
Almost exactly one year ago I wrote a piece on my old blog about Canada’s economic situation. In it I concluded there were two possible outcomes in the medium term:…
No Reply from SaskPower
SaskPower’s VP May failed to respond to my followup points, so I’ve included her entire initial reply at my earlier post. I wrote a letter months ago to ask why…
14 economic advisors Flaherty consults on policy and budgets are all from the financial sector: Fiscal contraction doesn’t work
The 14 economic advisors Flaherty consults on policy and budgets are all from the financial sector, mostly banksters. Here’s what James K. Galbraith says about the implicit danger of such…
Study exposes secret Canadian bank bailout
The Harper Conservatives are fond of touting Canadian banks as more stable than other countries’ big banks. They claim all the credit for Canada’s stability during the 2008-10 global financial…
Parliament in Review – March 30, 2012
Friday, March 30 was the first day of Peter Julian’s budget filibuster. But while it accomplished its goal of avoiding several hours worth of Con talking points, was there much…
The great Canadian bank bailout (now in technicolor)
In case you didn’t notice the plenty of black and white evidence showing you our banks are no more sound and stable than our U.S. counterparts then you are in…
Sunday Morning Links
Assorted content to end your weekend. – For much of the relatively recent past, one of the areas of relative consensus in economic theory is that productivity increases would find…
Breaking it Down: Industrial Capitalism vs. Financial Capitalism (or, Why We’re F*cked)
Michael Hudson asks: “In light of the enormous productivity gains since the end of World War II – and especially since 1980 – why isn’t everyone rich and enjoying the…
James K. Galbraith: Inequality and Instability
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The normalcy of abnormal
After the anger I felt yesterday, I have been thinking. Is it not strange that we equate today’s “wars” with real wars of the past? How has this happened? I…
Saturday Morning Links
Assorted content for your weekend reading. – Paul Krugman writes a long-overdue obituary for the confidence fairy who was supposed to turn needless austerity into growth contrary to all economic…