Category Archives: Uncategorized

Low interest rates and weaker job numbers than expected mean risk of inflation minimal

The latest data on unemployment and inflation and central bank determined interest rates strongly suggest there is still further room for stimulus and continued monetization of debt by the central bank in both Canada and the U.S as both economies … Continue reading

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The Economics of inflation, Globe and Mail hysteria and the role of stimulus

The conservative Globe and Mail has amped up its anti Keynes campaign . It has in the past few weeks run several opinion pieces and articles in which it warns about excessive debt, the danger of inflation and the policy … Continue reading

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Federal government budget in Canada reinforces the eclipse of deficit dogma and anti Keynesian thinking on appropriate policy

The Canadian minister of Finance Chrystia Freeland has tabled a moderately but seriously Keynesian and progressive budget that takes seriously the negative impact of the Pandemic and the necessity of lowering the unemployment rate from 8 % to 6 %.and … Continue reading

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The emerging new consensus on stimulus and debt management

About this time last year I posted on how the pandemic would change the opinion of policy makers and politicians with respect to deficits and debt , the role of the state and macroeconomic policy in the months to come.(Co … Continue reading

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Some thoughts on financing health care and producing vaccines here at home.

There have been some interesting positive developments on the vaccine supply front and some initiatives to further stimulate late summer or early fall domestic production of vaccines against covid 19 here in Montreal and elsewhere in Canada. These are very … Continue reading

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Vaccine demographics and health policy

I am sitting on our living room sofa that dates from the 1940s and belonged originally to my paternal grandmother listening to the CBC explore the issue of the vaccine rollout and who are perplexed by the differences in the … Continue reading

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Domestic Vaccine Production Long Overdue But Very Welcome

It has taken some time but finally the Canadian Federal government has negotiated letters of understanding with 2 major vaccine production companies Precision Nano systems and Novavax to establish a production facility in Vancouver and one in Montreal for their … Continue reading

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H. Chorney, City of Dreams, Chapter 3

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H. Chorney, City of Dreams, Chapter 1 (Introduction)

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Harold Chorney: City of Dreams, Chapter 2.

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