Why Keynes was a socialist
In an important new book Keynes Against Capitalism: His Economic Case for Liberal Socialism (Routledge, 2019) James Crotty argues that Keynes was a socialist who advocated a much more radical…
heterodox economics
Value Creation vs Value Extraction in Today’s Economy
Book Review Mariana Mazzucato. The Value of Everything: Making and Taking in the Global Economy. Allen Lane. 2018. The playwright Oscar Wilde quipped that a cynic is a person who…
An Analysis of Financial Flows in the Canadian Economy
An essential but perhaps overlooked way of looking at the economy is a sector financial balance approach. Pioneered by the late UK economist Wynne Godley, this approach starts with National…
Rethinking the economics of extreme events
Review of Worst-Case Economics: Extreme Events in Climate and Finance by Frank Ackerman *** Long ago economics was termed “the dismal science,” but in recent years that title has arguably…
Fiscal situation of Canada’s ‘oil rich’ provinces
I’ve just written a blog post about the fiscal situation of Canada’s ‘oil rich’ provinces (i.e., Alberta, Saskatchewan and Newfoundland and Labrador). It consists of a summary of key points…
Alberta Alternative Budget 2017
Media Release Foundations for an Alberta Alternative Budget released today (March 14, 2017-Edmonton) Today, a coalition of researchers, economists, and members of civil society released a plan to boost Alberta’s…
Alternatives to Corporate Globalization: Cooperatives
In this guest post Tom Webb gives a summary of the pitch in his new book, that co-operatives are the answer to the problems of the global capitalist agenda. At…
Another review of Economics for Everyone, 2nd ed.
Here’s another review of Jim Stanford’s Economics for Everyone, 2nd edition, this one by guest contributor and MMT aficionado Larry Kazdan. Review of Jim Stanford’s /Economics for Everyone by Larry…
Summer reading! Review of Stanford’s second edition of Economics for Everyone
Looking for something to take with you to the cottage, the beach or the cafe? Check out Jim Stanford’s 2nd edition of Economics for Everyone. Here’s a review by Peter…
PEF Summer School 2016
If you are in Ottawa or close by, and are interested in the ideas and debates that are shaping today’s economy, then we have a summer school for you. PEF…
G20 meeting of world finance ministers too little too late
Posted earlier as an opinion piece for CBC. See original post here (this post slightly modified from original) By Louis-Philippe Rochon Follow him on Twitter @Lprochon Much was at stake…
Rethinking Economics Waterloo Conference, Feb 7
Ali Kraushaar and Geoff Evamy Hill, co-founders of the Rethinking Economics Waterloo initiative, are organizing a conference to be held Feb 7. It looks good! See below. — We want…
(Macro) Econ 101
On December 2, Chris Ragan wrote a column for the Globe and Mail titled “Another (Macro) Defense of Econ 101.” The link to his column is available here . My…
Economics 101
On October 21, Chris Ragan wrote a column for the Globe and Mail titled “In defence of Economics 101.” The link to his column is available here. On October 24,…
New Issue of Review of Keynesian Economics
A guest blog post from Louis-Philippe Rochon: Dear friends and colleagues, The new issue of the Review of Keynesian Economics (ROKE) is now out, and you can find it here.…
People are hungry for economics that works for people and the planet
As economics students around the world demand change in the curriculum and challenge their professors to open classrooms to pluralism in perspectives and views, the interest in heterodox economics is…
2014 PEF Summer School in Heterodox Economics
The Progressive Economics Forum (PEF) will host a Summer School in Heterodox Economics in Vancouver on May 29, 2014, prior to Canadian Economics Association annual conference in Vancouver from May…
PEF Events in Montreal
As Erin alludes to in an earlier post, the PEF organized events at this year’s Annual Conference of the Canadian Economics Association (CEA) in Montreal (May 30 – June 2).…
Quebec Tuition: Between a Rock and Hard Place?
In the context of student protests over Quebec tuition fees, my friend Luan Ngo has just written a very informative blog post on Quebec’s fiscal situation. While I encourage readers…
The Times they Are a Changing: The MMT Wave Begins
Take a look at the picture below. Take it in. Now scan your eyes to the far right…there, in faded blue you’ll see the initials MMT. Now zoom out. Take…