Category Archives: unemployment

Should Ontario Become an Independent Country?

Ok just forget how crazy the question sounds.  The recent wrangling between Ontario and Alberta over the value of the Canadian dollar, oil output and the decline of manufacturing in Ontario (and other provinces east of Ontario) raises some reasonable … Continue reading

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Gordon V Jackson: the corporate tax cut myth

Apparently Stephen Gordon is having a hard time figuring out where Andrew Jackson, the chief economist for the CLC, got the bizarre idea that: The argument for corporate income tax cuts has been that increased after-tax corporate profits would be … Continue reading

Posted in Austerity, Budgets, Canadian economy, corporate taxes, economic crisis, investment, liberal economic theory, Neoliberalism, Tax Cuts, unemployment | 1 Comment

A rotting fruit that does not give vent to its own demand?

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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 unemployment. In this post I am going to revisit the … Continue reading

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Towards an adult conversation about Canadian labour markets

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Have you ever heard the urban legend about how such and such generation of Canadians are lazier than the past generation?  Or the One about how this generation just does not want to work and why we need to make … Continue reading

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Canada: persistently 2nd worst in class

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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 how dismal Canada’s macroeconomic performance has actually been over the … Continue reading

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UBC economist Milligan throws cake at educated, unemployed youth

I tuned into a rebroadcast of this morning’s the CBC’s the Current while cleaning the kitchen this evening which had an unusually good documentary on the problem of youth unemployment; specifically, the problem of university undergrads in finding jobs.  As … Continue reading

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Just ask the English minimum wage laws are job killers

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Rarely do we get a chance for something close to a natural experiment in the social sciences and the introduction of the national minimum wage legislation in the UK in 1999 is not one such example (no control group).  But … Continue reading

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The 1/10th of 1 Percent Solution: Corprorate Tax Cuts, Investment and Jobs

Yesterday I was consumed by the demand side (Krugman and Rowe are late to the party) today I am consumed by the headline grabbing supply siders supply sider Jack the rain-maker Mintz. The FP quotes Jack Mintz quoting Jack Mintz. … Continue reading

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The Fraser Institute thinks deficits should be the cause celeb of Canadian elections. Do you?

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Maybe. But it all depends on how the issue is framed. Over at the FP online Niels Veldhuis and Jason Clemens are all sweaty under the collar from working overtime on trying to convince us that slaying the deficit is … Continue reading

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No. 8: We got effeciency here

For some I know this will seem a little too low on the list, but it is low because it really is low. When you are trapped inside GET (general equilibrium theory) reality is your enemy. Inside GET everything is … Continue reading

Posted in American politics, Canadian Politics, Class War, economic crisis, Finance, Financial Regulation, Neoliberalism, Real Economists, unemployment, welfare state | 2 Comments