Monthly Archives: January 2012

Austerity and Aggregate Demand:some harsh facts

The European leadership has announced it has agreed to a new pact on fiscal discipline with the German Chancellor Angela Merkel leading the way in imposing strict austerity on member countries in the Eurozone. The goal is to force countries … Continue reading

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The importance of aggregate demand

It amazes me but it appears from the largely negative reaction to a good piece by Larry Summers in the Financial Times, Economic Uncertainty  is no Excuse for  Inaction, about the importance of combining low interest rates with government spending … Continue reading

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U.S. unemployment drops to 8.5% Canadian unemployment rises to 7.5%. Euro area 10.3 %.

American unemployment fell to 8.5% last month as 200,000 more jobs were added to U.S. employment. This is another modestly positive development suggesting that the slow but steady recovery is continuing in the U.S. If one had experienced job gains … Continue reading

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Poli 463 course outline:Keynes versus the monetarists

Poli 463/ 2012 Poli 463/2 fall 2012 course outline under constructionPoli 463/2 Government and Business course outline Keynes versus monetarists before and after the crash of 2008 Prof.Harold Chorney Fall/winter 2012Course overview:This course explores the tools that are necessary to … Continue reading

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Poli 349 Winter term 2012 course outline

Poli 349 winter 2012 POLITICS 349 Winter 2012 Professor Harold Chorney Concordia university Chorney@alcor.concordia .ca office hours Tuesday 5:10 to 6 +Thurs. 5:30 -7. This course explores the deep seated search for community in the context of the debate between … Continue reading

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Happy New Year:A Time for Recovery

For the past several weeks I have been buried in the work of academia, grading a mountain of exams and essays. I am nearly finished and will return to regular blogging shortly. My students  will be able to find the course … Continue reading

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