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.

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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Roof falls in for Tories in EU elections Labour also does poorly big wins forNigel Farage,Brexit party, also for Lib Dems

The results of the European election as of Monday May 27,2019 show the biggest winner is the new Brexit party headed by Nigel Farage the UK nationalist anti EU English politician. his party won 29 seats and got more than … Continue reading

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Theresa May Resigns

The long arm of Brexit has struck again as Prime Minister Theresa May has been forced to resign because she was unable to get her withdrawal agreement enough support from her own party and from Labour and the other parties … Continue reading

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The economics of Fuller Employment in the Twenty-first Century

************************************************************************************* CLICK LINK BELOW FOR PDF OF FULL PAPER WITH ALL CHARTS INCLUDED: HRc The economics of fuller employment in the twenty first century may 29 2019 5-48pm ************************************************************************************* The economics of fuller employment in the twenty first century. By … Continue reading

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Canadian Federal budget once again a progressive document

I haven‘t yet fully read and digested the latest Canadian  Federal budget but so far I find it to be a realistic and progressive assessment of the likely course of the Canadian economy over the next year. Unemployment although at … Continue reading

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Financial market shenanigans resurface

The New York Times has an excellent article by William D.Cohan warning about the reappearance in the financial markets of 2008 style financial practices which led to the collapse in 2008. Citing speeches by the Fed chairman Jerome Powell , … Continue reading

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