Author Archives: haroldchorneyeconomist

About haroldchorneyeconomist

I am Professor of political economy at Concordia university in Montréal, Québec, Canada. I received my B.A.Hons (econ.&poli sci) from the University of Manitoba. I also completed my M.A. degree in economics there. Went on to spend two years at the London School of Economics as a Ph.D. student in economics and then completed my Ph.D. in political economy at the University of Toronto. Was named a John W.Dafoe fellow, a CMHC fellow and a Canada Council fellow. I also was named a Woodrow Wilson fellow in 1968 after completing my first class honours undergraduate degree. Worked as an economist in the area of education, labour economics and as the senior economist with the Manitoba Housing and Renewal Corporation for the Government of Manitoba from 1972 to 1978. I also have worked as an economic consultant for MDT socio-economic consultants and have been consulted on urban planning, health policy, linguistic duality and public sector finance questions by the governments of Manitoba, Saskatchewan,the cities of Regina and Saskatoon, Ontario and the Federal government of Canada. I have also been consulted by senior leaders of the British Labour party, MPs from the Progressive Conservative party, the Liberal party and the New Democrats on economic policy questions. Members of the Government of France under the Presidency of Francois Mitterand discussed my work on public sector deficits. I have also run for elected office at the municipal level. I first began to write about quantitative easing as a useful policy option during the early 1980s.

Fed keeps interest rate at current level: Debate emerges within it over wisdom of not cutting the rate.

The Federal Reserve has recently announced its FOMC decision to not cut or raise interest rates. But a necessary debate is beginning to emerge among Fed decision takers about the nature of disinflationary and even perhaps deflationary trends in the … Continue reading

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Final two chosen Johnson and Hunt are the finalists Gove eliminated by two vote margin.

Boris Johnson. 160   Michael Gove. 75  Jeremy  Hunt  77.   Gove is eliminated and Johnson versus Hunt will be put to a vote of the Conservative party membership.

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Javid eliminated in latest round Johnson wins 157 votes a majority of all Conservative MPs, Gove overtakes Hunt

The latest results are as follows: Boris Johnson 157; Michael Gove 61; Jeremy Hunt 59; Sajid Javid  34. He is now eliminated and the vote to  choose the final two results to be announced in about a half hour.  

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Rory Stewart eliminated in third round of UK Tory leadership race

Third round results are as follows: Michael Gove 51 (up from 41); Boris Johnson 143 (up from 126) Jeremy Hunt 54( up from 47);Sajid Javid ( 38 up from 33); Rory Stewart 27 down from 37 . Stewart is eliminated. … Continue reading

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Dominic Raab eliminated in round 2 voting in UK Conservative leader race

The results of round two leadership voting in the UK for the Tory leadership and Priministerial prize  are as follows. Each candidate needs 33 votes to continue into the third round.Former Foreign Secretary Boris Johnson 126, Current Foreign Secretary Jeremy … Continue reading

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Boris Johnson sweeps the field in round one of Tory leadership race in UK

Boris Johnson with 114 votes from his parliamentary colleagues -actually 113 since it is a certainty that Johnson voted for himself- has leaped into a commanding lead. Of the ten candidates 3 have now been eliminated and a fourth Matt … Continue reading

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UK Parliament narrowly rejects a Labour,Lib Dem and Green backed motion to rule out Parliament approving a crash out Brexit: vote is 309 against 298 for.

Held in the middle of a Tory leadership race that will choose the next prime minister the vote will probably cheer up Boris Johnson and other Tory leadership candidates who insist that Britain leave by October 31st deal or no … Continue reading

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