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Recent Posts
- Fed and Bank of England raise rates Bank of England warns of recession
- Federal Government Budget cautious document :unemployment projected to be 5.8% then fall to 5.5 % in 2022-23
- Hello after much faffing about with the help of my computer savvy son I am glad to say that my wordpress site is once again accessible
- Poli 349 AA (9930): Political and Social Theory and the City. Course outline fall 2021. Thursday 5:45-8:15 Prof. Harold Chorney (Latest Version).
- Poli 204 Course outline Prof.Chorney latest version
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Monthly Archives: May 2020
Fiscal Conservatives renew their attack on government spending complaining that Covid -19 counter measures excessively increase deficits and government share of the economy
The American largely Republican Party dominated fiscal conservative lobby of policy advisors, academics and commentators have begun once again to try to undermine the very sensible congressional policy spending and investment plans which Congress has passed and which the House … Continue reading
The political economy of Covid 19 in the early 21st century
The covid pandemic has had already a very significant impact beginning with the tragic death of over 100,000 people in North America alone. 6545 in Canada, 7633 in Mexico and a staggering 99,459 in the United States. World wide the … Continue reading
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President Trump suggests Negative interest rates to help economy. Its a useful suggestion that should stimulate a debate
Once again President Trump has made a useful suggestion to stimulate growth in the economy with which the chairman of the Federal Reserve disagrees. The chairman Jerome Powell has suggested that the Fed for the time being is not considering … Continue reading
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The new reality: hoarding or avoiding using cash because of Covid- 19 and the relevance of Quantitative Easing
Keynes wrote at length about the increased attachment to cash which he called increased liquidity preference in a time of crisis which leads to a rise in the rate of interest as there are limits to the amount of cash … Continue reading
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