Monthly Archives: November 2012

Mark Carney chosen to head the Bank of England: Bold Decision Big Challenges Ahead

Posted on November 26, 2012 by haroldchorneyeconomist

The Decision of the British government to appoint the Canadian central banker Mark Carney as the new Governor of the Bank of England , the crown jewel of central banks, is a bold decision by Chancellor George Osborne and PM … Continue reading →

Posted in austerity, Canada, European debt crisis, European unemployment, fiscal policy, monetary policy, quantitative easing, treasury view, U.K. economy, Uncategorized, unemployment | Tagged , , | Leave a comment

Obama wins decisive but narrow victory in both popular vote and electoral college.

Posted on November 11, 2012 by haroldchorneyeconomist

This past week’s American election marks an important historical turning point. A broadly based multi-cultural multi-lingual diverse lifestyle progressive 21st century  coalition won a narrow but decisive victory over a much more conservative traditional 20th century coalition. Both sides worked … Continue reading →

Posted in American Presidential election, austerity, business cycles, fiscal policy, full employment, U.S. | Tagged , , | Leave a comment

President Obama leans across finish line just ahead of Romney

Posted on November 6, 2012 by haroldchorneyeconomist

I have followed American Presidential politics and elections ever since as a young boy I lamented the defeat of Adlai Stevenson by Dwight D.Eisenhower in 1956.American elections despite their blemishes remain vibrant and exciting . American democracy despite the corruption … Continue reading →

Posted in American Presidential election, U.S., Uncategorized, unemployment | Tagged , , , | 1 Comment