What follows are comments from a roundtable discussion held at the University of Ottawa on January 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon,…
What follows are comments from a roundtable discussion held at the University of Ottawa on January 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon,…
Today’s podcast is a feature interview with fellow political economist Sam Gindin. I interrogate Sam about the political economy of the present: the exit from the 2007 crisis, the role…
(The following is slightly adapted from a short piece on page 3 in the new issue of Economy at Work, the quarterly publication I produce for CUPE, which also covers…
This piece was first published in the Globe and Mail’s Economy Lab. Five years after a global economic crisis unleashed chaos on markets everywhere, income inequality has become an inescapable…
What is it about the provincial Conservatives and income tax? Kathy Dunderdale rabbited on about it last fall and again in January. Last week, the provincial Conservatives were at it…
_______________________________________________ This is the third in a four part series on the current financial crisis the provincial government is facing. The first instalment – “The origins of rentierism in Newfoundland…
_______________________________________________ This is the second in a four part series that offers an interpretation of the current financial crisis the provincial government is facing. The first instalment – “The origins…
______________________________________________ Over the next four days, SRBP will offer an interpretation of the political underpinnings of the current financial crisis. This series goes beyond the immediate to place recent events…
The provincial Conservatives love to spend public money. That doesn’t sound very conservative and it isn’t. Politically, the provincial Conservatives in Newfoundland and Labrador are more like Republicans than the…
About two thirds of the people in the province who file tax returns earn less than $35,000 a year before taxes. It’s the kind of detail that you cannot banish…
The Premier, the finance minister, and their favourite economist are talking about tax increases, layoffs, and spending cuts. They are talking about cuts and layoffs at a time when the…
Many Canadians (and many more Americans) ask the eminently reasonable question, Why aren’t the bankers who precipitated the financial collapse of 2008 in jail? The damage they inflicted on the…
Kudos to Bank of Canada Governor Mark Carney for raising the profile of the over $500 billion Canadian corporations are holding in excess cash surpluses and not investing in the…
Yesterday, Mike Moffatt took to The Globe and Mail’s “Economy Lab” in response to my suggestion that the Bank of Canada should moderate the exchange rate. (Perhaps his motive for…
An incisive analysis of the financial crisis. I’m sure many of you will disagree, but this is not a perspective that can be easily dismissed.
Last week, Conrad Black launched a $1.25-million libel lawsuit against me, Random House of Canada and its editors over four sentences in my book “Thieves of Bay Street” that discuss…
The US Federal Reserve today released its triennial examination of incomes and net worth of American households in the Survey of Consumer Finances. It shows the crushing effects on net…
Readers of this blog will have hopefully read my report “The big banks big secret” which examines the $114 billion that Canada’s banks received during the 2008-09 financial crisis. Its…
I am enjoying Tom Palley’s new book – and would post an enthusiastic review except for the fact that I have been unable to find the time to finish it.…
