-
Recent Posts
- Poli 610 AA 2020 Prof. H.Chorney take home test Dec.2 2020
- Larry Summers is correct about the needed stimulus and accurate about making it clear that in terms of the low interest rate that the Fed and other national western central banks have posted there is no reason to worry about the deficit or debt and its impact upon the exchange rate of the US dollar nor inflation.
- Deficit and debt worries exaggerated by parliamentary budget officer
- Poli 204 course outline fall 2020
- Poli 610 course outline fall 2020
Recent Comments
Spencer Hall on The Demand for Money and the i… Alex Benady on Dominic Raab eliminated in rou… haroldchorneyeconomi… on The Federal Reserve‘s obsessio… Viyasan on The Federal Reserve‘s obsessio… Canada: Flagellation… on The Deficit:Hysteria and the C… Archives
- December 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- March 2020
- September 2019
- June 2019
- May 2019
- March 2019
- February 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- November 2017
- October 2017
- September 2017
- August 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- June 2013
- 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
- anti austerity
- austerity
- balance of payments
- Brexit
- business cycles
- Canada
- China and europe
- cinema
- civil liberties
- classical economics
- community
- Cuba and Latin america
- Cyprus banks
- deficit hysteria
- deficits and debt
- Doug Ford and authoritarian politics
- Electoral roof falls in on Miliband
- European debt crisis
- European financial stability fund
- European unemployment
- European Union and UK
- Federal Reserve
- fiscal policy
- France politics+economy
- Free trade and Canadian history
- free trade and globalization
- full employment
- funding essential infrastructure
- government shut down+debt ceiling U.S.
- Greek sovereign debt crisis
- Hayek
- Health care
- infrastructure investment
- Italian debt crisis
- Italy politics and Banking
- J.M.Keynes
- Japan
- Japanese unemployment
- JFK docs, Cuba,Canada
- John Diefenbaker and JFK
- Keynesian multiplier
- Keynesian policy
- Keynesian welfare state
- labour market clearing
- Milton Friedman and NAIRU
- modernism versus ^post modernism
- monetary policy
- monetary policy and Keynes
- Montreal politics
- Mr.Papandreou and democracy
- NAFTA negotiations
- nationalism and trade
- natural rate of inflation
- natural rate of unemployment
- NDP Canadian politics
- Olympic games and winning medals
- Ontario elections
- progressives
- public infrastructure investment
- quantitative easing
- quantitative easing and Keynes
- quantity theory of money
- Québec
- Québec election
- Schumpeter
- sovereignty of quebec
- Spain
- The Great Depression
- the metropolis
- treasury view
- U.K. economy
- U.S.
- UK local elections
- Uncategorized
- unemployment
- urban culture
Meta
Monthly Archives: August 2011
The misguided recrudescence of classical economic orthodoxy and the ” Treasury view “
Much is being made of the supposed benefits of medium term deficit reduction through austerity as a reassurance to the private sector to enable them to feel confident enough to spend their several trillion dollar hoard on investing and creating … Continue reading
Poli 363 Fall, 2011
Poli 363 fall 2011 Poli 363 Fall 2011 . Course outline Canadian Public Policy :Eight Policy Problems Professor Harold Chorney “In the event of extraordinary circumstances beyond the University’s control, the content and/or evaluation scheme in this course is subject … Continue reading
Poli 610 Fall term 2011
Poli 610 2011 fall term Pol. 610 Macro-economic policy-making after Keynes Concordia University fall, 2011 Prof. H. Chorney tel. 848 2424 ext.2106 e mail Chorney@alcor.concordia.ca Office hours tba This course is an intensive examination of macro-economic policy-making and macro-economic theory … Continue reading
Posted in austerity, business cycles, Canada, deficits and debt, fiscal policy, J.M.Keynes, U.S., Uncategorized, unemployment
Tagged business cycles
Leave a comment
One person’s expenditure is another person’s income
John Maynard Keynes often stressed the importance of investment and consumption in stimulating an economy to produce an appropriate supply of jobs. He also less frequently explained how austerity as a policy followed by governments could be very damaging to … Continue reading
Japan’s rate of unemployment lower than conventional wisdom
Much is being made these days of the possibility that Europe and the U.S. are going the way of Japan in terms of the risks of deflation and the freezing up of the financial sector complete with zombie banks. But … Continue reading
Stock market roller coaster continues:panic selling on gloomy headlines and iffy logic
The Dow-Jones industrial average fell by just under 420 points reversing gains made over the past few days of trading apparently driven by negative headlines in the U.S. and Europe about unexpected weakness in the monthly manufacturing survey conducted by … Continue reading
Posted in Uncategorized
Leave a comment
Dubious downgrade has consequences: Balance sheet recession requires fiscal stimulus and monetary accomodation
Crises always teach participants important lessons. The key lesson from this avoidable crisis in the stock market is the urgent need to reform the rating agencies to ensure they actually understand something about the modern global economy and the history … Continue reading
Posted in Uncategorized
Leave a comment
Krugman is right, job creation top priority.
Paul Krugman had an excellent piece in the New York Times the other day(The Wrong worries, Aug.4,2011) to which I along with more than 500 other readers responded with a comment. I am reproducing the comment below because I think … Continue reading
Posted in Uncategorized
Leave a comment
117,000 new jobs added in July unemployment drops to 9.1 %
The U.S. Bureau of Labour Statistics has released data that shows that the U.S. economy added a net 117,000 jobs last month and that unemployment has dropped to 9.1 %. This is not a spectacular improvement but it does beat … Continue reading
Posted in Uncategorized
Leave a comment
Historical data from the bureau of labour statistics employment survey key information
When tomorrow’s employment survey numbers are published they will be closely examined by market traders for signs of continued economic weakness or of economic recovery taking root. To better understand them it is useful to put the monthly survey numbers … Continue reading
Posted in fiscal policy, U.S., Uncategorized, unemployment
Leave a comment