Author Archives: haroldchorneyeconomist

Unknown's avatar

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.

Obama wins decisive but narrow victory in both popular vote and electoral college.

This past week’s American election marks an important historical turning point. A broadly based multi-cultural multi-lingual diverse lifestyle progressive 21st century  coalition won a narrow but decisive victory over a much more conservative traditional 20th century coalition. Both sides worked … Continue reading

Posted in American Presidential election, austerity, business cycles, fiscal policy, full employment, U.S. | Tagged , , | Leave a comment

President Obama leans across finish line just ahead of Romney

I have followed American Presidential politics and elections ever since as a young boy I lamented the defeat of Adlai Stevenson by Dwight D.Eisenhower in 1956.American elections despite their blemishes remain vibrant and exciting . American democracy despite the corruption … Continue reading

Posted in American Presidential election, U.S., Uncategorized, unemployment | Tagged , , , | 1 Comment

Unemployment and the Battleground states in the American election

The unemployment rate has played a large role in this election. The Republicans have claimed that unemployment and the slow rate of economic growth are the fault of President Obama and his stimulus policies. I have indicated in an earlier … Continue reading

Posted in American Presidential election, U.S., unemployment | Tagged , , | Leave a comment

This U.S. recession’s recovery in comparison to 7 earlier ones:unemployment 45 months after its peak

One critical way of guaging the severity of a recession, the impact of policy and the changing circumstances of the gobal economy is to examine the behaviour of unemployment during and after a recession. Fortunately we have excellent monthly data … Continue reading

Posted in austerity, business cycles, deficits and debt, full employment, U.S., unemployment | Tagged , , | Leave a comment

U.S. Unemployment drops to 7.8%. excellent news, Obama on right track;Canadian unemployment rises.

The U.S. Bureau of Labour Statistics has released the latest unemployment numbers for September and they are good ones. They show a long awaited (and as I have been arguing) fall in the unemployment rate to below 8 % , … Continue reading

Posted in austerity, Canada, classical economics, deficit hysteria, deficits and debt, full employment, labour market clearing, Uncategorized | Tagged , | Leave a comment

Canada Britain co-operation makes sense despite the critics’ complaints

The Canadian minister of External Affairs and the British foreign minister have announced a sensible program of sharing facilities in certain posts abroad in an effort to find economies and maximize their shared policy thrust where circumstances warrant. The critics … Continue reading

Posted in Uncategorized | Leave a comment

The fall economic conversation: Hayek versus Keynes, Romney versus Obama, whither the global business cycle ?

Now that relative calm has  returned to Québec after the provincial election we can focus our attention on the broader economic issues that beset the global economy. The American election although currently focused on foreign policy appears set to return … Continue reading

Posted in austerity, business cycles, deficit hysteria, deficits and debt, European debt crisis, Federal Reserve, fiscal policy, free trade and globalization, full employment, Hayek, treasury view, U.K. economy, U.S., Uncategorized, unemployment | Leave a comment

Poli 610:Macro-economic theory and policy after Keynes and the crash of 2008

Pol. 610  Macro-economic policy-making after Keynes Concordia University fall, 2012 Prof. H. Chorney tel. 848 2424 ext.2106  e mail Chorney@alcor.concordia.ca Office hours tba This course is an intensive examination of macro-economic policy-making and macro-economic theory in the light of recent … Continue reading

Posted in austerity, business cycles, Canada, classical economics, deficit hysteria, deficits and debt, European debt crisis, European unemployment, Federal Reserve, fiscal policy, France politics+economy, free trade and globalization, full employment, Hayek, J.M.Keynes, Keynesian multiplier, labour market clearing, Milton Friedman and NAIRU, monetary policy, natural rate of inflation, quantitative easing, quantity theory of money, Schumpeter, U.K. economy, U.S., Uncategorized, unemployment | Leave a comment

Poli 349 Fall 2012

Under construction: Poli 349 Fall 2012 POLITICS 349 Fall 2012 Professor Harold Chorney Concordia university Chorney@alcor.concordia .ca office hours Tuesday 5:10 to 6 :10 This course explores the deep seated search for community in the context of the debate between … Continue reading

Posted in community, modernism versus ^post modernism, the metropolis, Uncategorized, urban culture | Leave a comment

Quebec election:PQ 54, Liberals 50, CAQ 19, Quebec solidaire 2.PQ minority government.

Québec has voted and the results are the election of a weak minority PQ government. The PQ received 32 % of the vote as opposed to the 31 % who voted for the Québec Liberal party. The CAQ received 27 … Continue reading

Posted in Uncategorized | Leave a comment