Category Archives: Uncategorized

Ontario election once again reveals deep flaws in our electoral systems

Just look at the results published at Elections Ontario. The Progressive Conservatives received 40.49 % of the vote. But they won a large majority of the seats 76 out of 124 or 61 % of the seats. The second place … Continue reading

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Second posting CEA paper Post crash macroeconomics:the eclipse of rational expectations monetarism and the need for a new synthesis

Chorney, Harold (Concordia University Montreal Harold.chorney@concordia.ca) Title Post-crash macroeconomics: The eclipse of rational expectations monetarism and the need for a new synthesis. Abstract Most of the classical and Neo-classical macroeconomics edifice imploded with the crash of 2007–2009. Instead of market … Continue reading

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Post crash macroeconomics:the eclipse of rational expectations monetarism and the need for a new synthesis (under construction) paper presented to the Canadian Economic Association annual meetings June 1 2018 McGill university Montreal

Chorney, Harold (Concordia University Montreal) Title Post-crash macroeconomics: The eclipse of rational expectations monetarism and the need for a new synthesis. Abstract Most of the classical and Neo-classical macroeconomics edifice imploded with the crash of 2007–2009. Instead of market clearing … Continue reading

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Goodbye to NAIRU? Hello Once Again to Keynes

Paul Krugman has a very interesting piece in the New York Times today. It builds on the very good recent  work of Olivier Blanchard on the natural rate and the possibility of hysteresis brought about by prolonged unemployment in the … Continue reading

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Poli 489 AB spring 2018 course outline

Poli 489 AB Spring summer term,Tuesday and Thursday 1:15-4:00 p.m. Prof. Harold Chorney. Office hours:Tuesday and Thursday 4:30-5:45 pm   This course is a seminar course organized around the debate  that has been taking place over the apparent dramatic rise in … Continue reading

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Judicial review and the Charter by Marianna Callocchia

The Charter of Rights and Freedoms: Assessing the Power of the Courts & the legislature   The Canadian Bill of Rights – 1960: The Canadian Bill of Rights served as the Canadian government’s first attempt to formally introduce a series … Continue reading

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Progressive Federal Liberal budget welcome news but caution about the Bank of Canada‘s anti inflation obsession is required.

This week Finance Minister Bill Morneau tabled a very progressive stimulative budget in Parliament that clearly from the outset established the fact that austerity was bad policy which undermined growth, equity and low unemployment. He correctly pointed out that investing … Continue reading

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