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…
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…
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…
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…
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…
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…
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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…
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…
Canada is divided, perhaps more than the heyday of the Quebec separatist movement. There’s a divide between generations thanks to the budget and there’s a divide between eastern and western…
This and that for your Thursday reading. – Paul Wells had previously theorized that the size of environmental demonstrations in Montreal might hint at the NDP’s ability to establish a…
After school is over you're playing in the parkDon't be out too late, don't let it get too darkThey tell you not to hang around and learn what life's aboutAnd…
After school is over you’re playing in the parkDon’t be out too late, don’t let it get too darkThey tell you not to hang around and learn what life’s aboutAnd…
After school is over you’re playing in the parkDon’t be out too late, don’t let it get too darkThey tell you not to hang around and learn what life’s aboutAnd…
I still haven’t had an opportunity to return to my budget analysis, it’s been a busy few weeks with the Alberta election and the ever-changing economic news and I just…
You would think Ontario would have learned it’s lesson by now. The rules of economic activity in the era of globalization changed everything and created the race to the bottom,…
So as expected, the McGuinty Liberals compromised with the NDP on the 2012 Ontario budget, applying a surtax to those who earn more than $500,000 a year, in order to…
Miscellaneous material for your Saturday reading. – As much sympathy as I normally have for Linda McQuaig, I’ll argue that her premise in discussing Andrea Horwath’s call for the wealthy…
Miscellaneous material for your mid-week reading. – In an excerpt from the Occupy Handbook, Paul Krugman and Robin Wells discuss how a right-wing obsession with exacerbating inequality led to the…
A friend of mine has to close their business. It’s a fresh business that was founded during the stimulus boom. It’s a green business, which took advantage of the government’s…
