Monthly Archives: November 2015

Further notes on Keynes, monetary policy and Debt Management.

Monetizing part of the debt which I began writing about in 1983 as a strategy to make Keynesian stimulus more effective is as I have often pointed out something which Keynes himself advocated as early as 1933. In a letter … Continue reading

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Horrendous Act of Terror in Paris: Policy Review May Be Needed

We mourn for the people who have been murdered.Our heartfelt condolences to all of the families and friends of the victims and to the Government of France and the French people who have been affected by these evil deeds. Paris … Continue reading

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So Far So Good:New Liberal Canadian Government Stands Behind Its Stimulus Infrastructure Plan

It was good to see Minister of Immigration John McCallum who is an economist and the Minister of Finance Bill Morneau defend the Keynesian Liberal plan to use much needed new  investment infrastructure to promote economic growth, employment and innovation … Continue reading


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New Cabinet a Good mixture of Talent, Regional Roots and Values and Beliefs:Keystone XL rejection,TPP details obliges government to come up with a policy rethink particularly if economy should slow down in coming months

The gradually emerging details of the T.P.P. trade deal and the decision of President Obama to reject the proposed Keystone XL pipeline presents the new Liberal government with both a challenge and an opportunity to rethink its policy agenda. This … Continue reading

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