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…
economy
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…
The Great Canadian Divide: our road to failure
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…
Thursday Morning Links
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…
Québec Students: You’re Coming Along
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…
Québec Students: You’re Coming Along
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…
Québec Students: You’re Coming Along
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…
Canada’s fantasy economic outlook is at odds with reality
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…
In the global race to the bottom it’s impossible to tax the top
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,…
Here in sensible Ontario, we tax the rich
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…
Saturday Afternoon Links
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…
Wednesday Afternoon Links
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…
Supply when demanded: Why the free market can’t address peak oil
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…