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RPPE.ORG- Unravelling Conservative Labour Market Policy: The Maximum Wage Law.
- From Democracy to Imperial Government: The Conservative War on Raw Facts Continues
- The End of Days for Charest?
- CHAPTER 8: The Miserable Metrics of Neoliberalism
- Philosophy, Music and Art in the Service of the Quebec Student Protests
- Dutch Diseased Labour Markets
- The Return of the Very Cruel Economic System
- Don’t Cry for me Argentina: GM edition
- Thoughts on the Omnibus bogus budget bill
- Thoughts on Lord Black
Monthly Archives: November 2009
The Capitalist Firm: An *Economic* Approach
Ahh peer review making sure only the most scientific of ideas gets published. This would be the equivalent of what passes for the scientific literature denying global warming. The mark of a capitalistic society is that resources are owned and … Continue reading
Posted in Neoclassical, Propaganda
Tagged Capitalism, liberal economic theory, The Market!
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Classic Red Sauce
In the spirit of recipe postings –Creative Revolution comes to mind with a great perogie recipe– this morning I am going to provide a classic red sauce recipe. This is about as stripped down and basic of red sauce as … Continue reading
Posted in recipe
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Working Class Hero
Working class hero, by John Lenin. Marianne Faithfull’s cover below the lyrics. As soon as your born they make you feel small, By giving you no time instead of it all, Till the pain is so big you feel nothing … Continue reading
Posted in Free Markets, Propaganda, Welfare Policy
2 Comments
Japan 17 years of increasing gov debt and what do you get?
Apparently not inflation nor very high real interest rates. It strikes me that the chart below provides no safe harbour to new-Keynesians like Krugman nor old land-locked curmudgeons. Source Data: IMF. UPDATE: over at the PEF blog an interesting article … Continue reading
Posted in central banks, economic crisis, Gov Debt, Neoliberalism, New Keynesianism
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Is there a housing bubble in the works?
Scotiabank hints at housing bubble “Canadian house prices are rich no matter how one looks at it,” Scotia economists Derek Holt and Karen Cordes said in a report titled Is There a Canadian Housing Bubble? Of the many ways of … Continue reading
Selected Central Government Debt Ratios: An image begs a thousand questions
When discussing with my undergrad students why I thought Japan Inc. was bust I trotted out the graph below. However, this morning while looking at the graph several questions came to mind. 1) From 1998 – 2008 what was average … Continue reading
EI Claims Up in September
The bulk of the descriptive meat is here: “Continued large year-over-year increases in EI beneficiaries in large centres in the West EI data by sub-provincial region, sex and age are not seasonally adjusted. Therefore, they are compared on a year-over-year … Continue reading
Something interesting happened on CBC Radio this morning: spending cuts or tax increases
I believe it was the 7:oo am news cycle when the CBC started carrying a interview they did with a bank Conference Board economist who argued that the Cons were going to have to make some hard program spending choices … Continue reading
Posted in Budgets, Canadian Politics, economic crisis, Stimulus, Tax Cuts, Welfare Policy
3 Comments
Styalised facts being what they are: CD Howe, the Fraser and CCPA
Some things just pass as fact when further scrutiny turns things around a bit…or at least requires a couple of qualifications. When I see words like *always* and *never* my bullshit sensor goes off the scale. As for example in … Continue reading
Brad Delong Wrong Yet Again and Again and Again: oh why can’t we have smarter reform liberals
Scandalum Magnatum, takes Brad Delong to task for botching Kelecki in a recent post. Brad DeLong damns Kalecki with praise: I WAS EXPECTING A 6% PRODUCTIVITY GROWTH QUARTER, BUT THIS IS RIDICULOUS!!! Productivity increased 9.5 percent in the nonfarm business … Continue reading
