Gangster Capitalism: Same as it ever was?
If you are going to read one thing and just one thing on the financial crisis and how it is working itself out you need to read this blog post…
neoliberalism
The economy lab, the dark age of free trade theory, and the naive view on natural resources and economic development
Over at the Economy Lab in the Globe which Failed, which itself has gone from bad to worse, one of the economists they keep in their stable has either produced…
The Rebel’s Letter to Mankiw and some thoughts on education in economics
Yesterday I noted that 10 percent of Mankiw’s students walked out of his class to protest what they, rightly believed, to be a heavily biased introduction to economics. I think…
Mankiw’s students walk out
So about ten percent of Mankiw’s students figured out that Mankiw is a neoliberal. Harvard students should have known that by grade six. Better late then never I suppose. Filed…
Profit, wage, NDP, and tax revenue growth in Newfoundland and Labrador
Although I covered it off in my rebuttal to the Minister of Finance Thomas Marshall in the last post I thought maybe a graphic would be a more compelling way…
A without prejudice rejoinder to the Minister of Finance
On Wednesday of last week the Minister of Finance for Newfoundland and Labrador Thomas Marshall was interviewed by CBC Central Morning about a report I did for the Newfoundland and…
How to read economic language for bias: “wage inflation” in Newfoundland and Labrador
Sometimes we read things and we get that gut feeling that we are being subtly manipulated. Economics is of course full of this subtle manipulation. Words like “choice”, and “efficiency”…
When we go to the polls we have but one option- Neoliberalism
And that is the problem, the only options we have when we vote these days no matter where we are in Canada is the degree of neoliberalism we get. So…
Delicious and dangerous irony: China to buy Italisn bonds
How much of a disaster is the EMU? Look no further than the spectacle of the Italians going cap in hand to the Chinese for a bail out. The fact…
Promises and the Liberal Long Game: Tuition in Ontario
Guest post by Eric Newstadt There has been a lot of interest in the Liberal plan to offer full-time students an up-front grant so as to reduce their tuition-fees, not…
The irony of greed: The end game for Neoliberalism?
The global economy is in the toilet and the Boomers’ representatives are chanting: “flush, flush, flush.” Me? I am eating cigarettes and wine while admiring the remarkable consistency in the…
The Right Wing Commentariat is getting Desperate
JuysTerence Corcoran Just go read Terence Corcoran’s latest in the National Post. Never mind that the world was plunged into economic crisis by unregulated financial institutions; and near fully captured…
The ‘debt crisis’ and the undermining of democracy in Europe
While CK’s on the road, she’s invited me to blog and cross-post here. So I’m recycling this tasty little item, which I found via @NaomiAKlein. (They say she’s polarizing ……
Democracy withers away: Europe’s wakeup call – Le Monde diplomatique | via @NaomiAKlein
Serge Halimi: Europe’s wakeup call - Le Monde diplomatique - English editionWhen the balance that keeps labour and capital in relative equilibrium gets trashed (or more likely in this context,…
Stephen Harper and CETA or Why Let Facts Get In The Way Of Ideology
You would think embarking on negotiations towards perhaps the most sweeping trade deal this country has ever entered into, you would want to conduct some studies into it's impact on…
Before Wisconsin there was Puerto Rico
Governor Scott Walker's actions in Wisconsin brought the NeoLiberal agenda into the mainstream conscientiousness. Many were surprised by the viciousness with which Walker implemented his agenda yet we shouldn't have…
A rotting fruit that does not give vent to its own demand?
Given we seem to be stuck in fairly heady economic times it seems worthwhile to me to put out another post on the subject of employment, labour force growth and…
Canada: persistently 2nd worst in class
During the last election much was made about Canada’s relatively good performance during the last recession. What was conveniently left out of the discussion by all political parties is just…
A little perspective on GDP growth or does policy matter?
These are odd times. Not one policy seems to get floated these days which does not include in the tag line that it will be good for economic growth. And…
Built to crash: the coming economic tsunami
`Would you rather have a perfectly efficient system that, if hit by a pebble, would shatter? Or, would you rather have an adaptable system that may not give you the…