Author Archives: haroldchorneyeconomist

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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.

Further views on Greece as signs of domestic opposition from pensioners and others badly affected by proposed deal’s likely measures

There is no doubt that a resolution of the Greek crisis is a desirable objective but there is also no doubt in my mind that increasing austerity in Greece on the backs of hard pressed pensioners  and the middle classes … Continue reading

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Greece finance minister releases full text of his statement on Greek negotiations as deal looks more likely

Greece’s Proposals to End the Crisis: My intervention at today’s Eurogroup By going to this address the reader will find Mr.Varoufakis’s views as he presented them to the EU negotiating group. They are comprehensive, will be controversial to some but very … Continue reading

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Greek Prime minister makes reasoned defense of Greece’s pension system:article in German paper Der Tagesspiegel

The Greek drama is approaching the crisis stage of the expiry of the current bailout and the unwillingness of its IMF. and EU creditors to reach a compromise deal to release funds to Greece in order to prevent it from … Continue reading

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US unemployment continues to improve; Japan grows and Greek crisis continues: Amartya Sen blasts austerity in New Statesman

Let us begin with the last item. Amartya Sen the Nobel prize winning economist with deep humanist convictions whose course on theories of value and distribution I followed while I was a grad student at the LSE has written an … Continue reading

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Jacques Parizeau passes away: Québec mourns builder of modern Québec

Jacques Parizeau has died at age 84. His death was announced by his wife Lisette Lapointe earlier today. Parizeau, whether one agreed with him or not about Québec sovereignty and the fracturing of Canada, was an intellectual with sophisticated technocratic … Continue reading

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The Passing of Abe Rotstein a Polanyi pioneer and leading member of the U of Toronto nationalist political economy school: Britain enters deflation

Abe Rotstein one of Canada’s outstanding political economists and a leading founder of the Canadian nationalist school of political economy centred in Toronto  passed away last month at the age of 86. The Globe and Mail had a full page … Continue reading

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The British economic recovery and Osborne’s austerity: Ferguson wrongly blames Keynes for Labour’s Loss

The Ft has published a piece by Harvard historian Niall Ferguson in which he makes the false claim that George Osborne, the British chancellor followed the correct policy in his austerity program because the British economy recovered. Labour should blame … Continue reading

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Electoral Roof falls in on Ed Miliband, Cameron wins 331 seats a clear majority:Polls Mislead.

Despite a hard fought campaign by Ed Miliband and polls which had suggested a neck and neck race in the British election the British Tories led by David Cameron have won a majority government in yesterday’s British election. The election … Continue reading

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NDP wins big in Alberta, Conservatives trounced, Wild Rose Official Opposition: Foreshadowing of things to come ?

Well the polls were largely correct within the margin of error. A forty plus year Progressive Conservative dynasty in Alberta crumbled into the historical dust as the dream of the late Grant Notley leader of the NDP in Alberta from … Continue reading

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Labour and UK conservatives tied at 33 % each. Alberta NDP poised to win election according to polls

The latest polls in Alberta show the NDP on the road to electoral victory. According to T.C.Norris the party should win between the low 40s to mid 50s in seats in the Alberta legislature giving them at the very least … Continue reading

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