Monthly Archives: October 2015

Elections Canada reports final election results

With 99.8 % of the polls counted the results are as follows: Liberals 184 seats 6,930,136 votes 54% of seats and 39.4% of the votes Conservatives 99 seats 5,600,496 votes 29.3% seats and 31.9% of votes New Democratic Party 44 … Continue reading

Posted in Uncategorized | Tagged , | Leave a comment

Liberals win unexpected solid majority in Canadian election: 184 seats to 99 for Harper Conservatives , 44 for Mulcair’s New Democrats , to 10 for Duceppe’s Bloc québécois with 1 for May’s Greens.

The Canadian election delivered a stunning majority Liberal Government much to the surprise of many Canadian pollsters and pundits. There were two final polls conducted on the Sunday before the election which accurately predicted the vote split among the top … Continue reading

Posted in Uncategorized | Tagged , | Leave a comment

If the Canadian election delivers a minority government parties need to consider a post election strategy in terms of forming a government no matter who captures the largest number of seats well short of a majority.

The Canadian election appears to be a very close race with no party appearing to have an overwhelming lead. Both the leader of the New Democrats and the leader of the Liberals have made it clear they will not support … Continue reading

Posted in Uncategorized | Tagged , | Leave a comment

Further notes on inflation and the quantity theory of money

A theory of inflation (originally posted on my earlier blogspot blog Sept 19, 2010) Throughout the history of monetary theory the subject of inflation and the role of the money stock has loomed large. One can go back to Copernicus … Continue reading

Posted in Uncategorized | Leave a comment

Some technical notes on aggregate demand and Keynes versus the monetarists:a helpful guide for my students

The equation for aggregate demand in the Keynesian system is as follows: C + I +(G-T) +(X-M) = D (Aggregate demand).C is consumption,I is investment, G is government expenditures, T is taxes, X is exports, and M is imports. Note that … Continue reading

Posted in Uncategorized | 5 Comments