-
Recent Posts
- The Perils of Polling: B.C. election delivers rude surprise to pollsters
- Canadian unemployment stable at 7.2 % inflation falls to -0.4 % seasonally adjusted annual rate.
- U.S. unemployment falls to 7.5 % U6, the broad definition is 13.4 %
- The Owl of Minerva takes flight at dusk:The anti-Keynesian era is drawing to a close
- Austerity backers in Europe in retreat ? Barroso calls for re-orientation to growth.
Recent Comments
Archives
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
Categories
- Alberta
- American Presidential election
- austerity
- balance of payments
- business cycles
- Canada
- China and europe
- cinema
- civil liberties
- classical economics
- community
- Cyprus banks
- deficit hysteria
- deficits and debt
- European debt crisis
- European financial stability fund
- European unemployment
- Federal Reserve
- fiscal policy
- France politics+economy
- free trade and globalization
- full employment
- Greek sovereign debt crisis
- Hayek
- Health care
- Italian debt crisis
- J.M.Keynes
- Japanese unemployment
- Keynesian multiplier
- Keynesian welfare state
- labour market clearing
- Milton Friedman and NAIRU
- modernism versus ^post modernism
- monetary policy
- Mr.Papandreou and democracy
- natural rate of inflation
- NDP Canadian politics
- Olympic games and winning medals
- progressives
- quantitative easing
- quantity theory of money
- Québec
- Québec election
- Schumpeter
- sovereignty of quebec
- Spain
- the metropolis
- treasury view
- U.K. economy
- U.S.
- UK local elections
- Uncategorized
- unemployment
- urban culture
Meta
Monthly Archives: June 2012
Eurozone allows stabilization fund to inject capital into private banks: Spain, Italy and France win partial victory
After late night negotiations it has been decided to permit the European stability fund to purchase directly the assets offered by banks in Spain and and Italian sovereign bonds and by so doing permit European funds to be injected directly … Continue reading
Supreme Court upholds Obama Care; Europe continues to debate how to rescue economy from bond market blackmail
The Supreme Court in a 5 to 4 decision with Chief Justice Roberts siding with the majority has upheld most of the Affordable Care Act by ruling its provisions constitutional under the federal powers of taxation. Four of the liberal … Continue reading
Anna Schwartz co-author with Milton Friedman of A monetary history of the United States dies at 96
One of the great economists of the past century Anna Schwartz(Jacobson) author of many influential books and studies has passed away after a long and enriching life at 96. Along with Milton Friedman she wrote the monumental study A monetary … Continue reading
Posted in Uncategorized
Leave a comment
Canadian inflation rate falls to 1.2 %:core inflation 1.8 %
Statistics Canada announce the most recent inflation rate . It shows that in May the rate overall fell on an annualized basis to 1.2 % . There is clearly absolutely no reason to increase interest rates. Core inflation which strips … Continue reading
Posted in Uncategorized
Leave a comment
Greek politicians form new government;Germany may agree to extend austerity timetable.
New Democracy leader Antonis Samaras has been sworn in as the new Prime Minister of Greece. His government will receive the backing of Pasok and the Democratic left giving it a clear parliamentary majority of 179 seats out of 300. … Continue reading
Posted in Uncategorized
Leave a comment
Final Greek Results Reveal Very Close Election
With 99.83 % of the votes counted here are the results of the Greek election. New Democracy received 29.66% of the vote and will get 128 seats because of the 50 seat bonus for finishing first. Its total vote was … Continue reading
Posted in Uncategorized
Leave a comment
New exit poll New Democracy 28-30 %slightly ahead of Syrizia 27-28.5 %:partial official results show similar trend
It looks increasingly like New Democracy will finish a narrow first over Syriza with 28-30 % of the vote ,Pasok far behind at 13 % and the other small parties including the right wing extremist party, New Dawn at under … Continue reading
Greek election a dead heat New Democracy and Syriza neck and neck in exit polls
Exit polls which sample 80 % of those who voted show New Democracy at 27-30.5 % and Syriza at 27-30 %. Pasok is at 10-12 %. The other parties including the extremist right wing party New Dawn, the communists, the … Continue reading
The Greek election, the euro and the necessity to escape austerity
We are on the eve of the second election in Greece and many establishment voices in a co-ordinated campaign are raising the prospect of total disaster should the Greek electorate choose the left wing coalition Syriza which while committed to … Continue reading
Spanish banks bail out, French parliamentary elections, Unemployment rises in Europe,Canadian unemployment stable but still too elevated.
A lot of information to process. Most of it not good. The best although mixed news comes from France where the first round of the parliamentary elections showed a strong showing by Francois Hollande’s socialist party which garnered about 29.35% … Continue reading
Posted in austerity, Canada, France politics+economy, Québec, Spain, Uncategorized, unemployment
Leave a comment
