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.

Syrizia off to quick start austerity rolled back on many fronts preliminary discussions underway on restructuring debt

The new Government in Greece has wasted no time in reversing austerity measures and proposing legislation and administrative measures to help the poor and the destitute. They have announced ten bills which restore the minimum wage, restore food aid programs, … Continue reading

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Greek electoral earthquake.Syriza wins big victory. New post austerity era in European politics to follow ?

There is much joy in Athens today. The anti austerity left of centre coalition Syriza led by Alex Tsipras has brought hope to millions of Greeks that new policies which will promote lower unemployment, fight poverty and reduce hardship will … Continue reading

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QE in Europe Further details reveal regional weighting but less than total mutual risk sharing

The ECB QE plan is a very interesting variant of the model I first proposed when I first started writing about greater monetization of the debt as a policy tool in the late 1980s and early 1990s. In a paper … Continue reading

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Obama leads with inspiring state of union speech;European central bank embraces QE

The President of the United States delivered an excellent inspiring progressive speech on the road forward. He proposed a number of progressive policy reforms aimed at diminishing inequality by modestly increasing capital gains taxation rates from 23 to 28 % … Continue reading

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Unemployment falls in U.S. in midst of international turmoil, Europe on road to Q.E.,Swiss cut interest rates .

As the new academic term and new year gets underway in frigid Montréal in the grip of January below zero temperatures there is much to write about. First, of course, the horrible news from France, the Middle East and Africa … Continue reading

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Poli 600 course outline winter 2015: Public Policy and the Governmental Process in Canada

Poli 600 winter 2015 Professor Harold Chorney Policy and the Governmental Process in Canada We will be exploring in a series of seminars led by class members as well as myself the process by which policy is developed and implemented … Continue reading

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Poli 349 course outline 2015 winter term

Poli 349:Political and social theory and the city Course outline winter 2015 .Professor Harold Chorney Posted on January 7, 2015 This course focuses on the rise of the metropolis and its links to economic and technical change that underlay the … Continue reading

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Course outline: Poli 489:The political economy of inequality(under construction)

Poli 489 Course outline Professor Harold Chorney Wed. MB-S2.465 1:15-4:00 The real estate bubble and the crash of 2007 -09 uncovered serious strains in the economic and social fabric of global capitalism. The recovery from what turned out to be … Continue reading

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Greek parliament fails to elect President:New national elections called for January 25, anti-austerity Syriza likely winner

Events are moving closer to a major policy change for the better in Greece. The Greek parliament failed to vote in large enough numbers for the proposed candidate for President Stavros Dimas. He required 180 votes but received only 168 … Continue reading

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Sharp breaks and gradual transitions in markets:aggregate demand, aggregate supply and falling prices

My daughter and I had a discussion about isocline functions today at lunch. An unusual topic for lunch but a topic of increasing interest in neuroscience, chaos theory and other areas which seek to model dynamic shifts in functions. Look … Continue reading

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