Category Archives: Uncategorized

Poli 204/2 2015 Introduction to Canadian Politics course outline

Poli 204/2 2015 Introduction to Canadian Politics Professor Harold Chorney Course outline H531 Tuesday 2:45 to 5:30 pm Office hours 3:30-5 pm on Thursdays other hours tba. The study of Canadian politics is a complex field which draws upon a … Continue reading

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Unemployment rate rises to 7.0 % as more people join the labour market in search of work.

The August job numbers are out. Statistics Canada reports that 54,000 full time new jobs were added but they were largely matched by a loss of 42,000 part time jobs. The net result was to bump up the national unemployment … Continue reading

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Canada in recession first six months 2015.Decline was widespread affecting manufacturing, housing and business fixed capital formation.June results are positive.

Statistics Canada has confirmed what many analysts had suspected that Canada suffered from recession in the first six months of 2015. The decline in growth was widespread with manufacturing , business fixed  capital investment and new housing construction as well … Continue reading

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Liberals propose progressive major investments in infrastructure financed by appropriate temporary deficit spending

Finally there has been an important Keynesian proposal that breaks with the  obsessive misguided fiscal orthodoxy of the other two leading parties in Canada’s federal election.Both the Conservatives and the NDP insist they will not in any circumstances run deficits … Continue reading

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Stock market turbulence and financial instability once more in play: Irrational behaviour at the core

As party leaders in Canada fall over themselves to pledge their fiscal conservatism, with the possible exception in certain respects of Liberal leader Justin Trudeau global markets have gone through a crushing drop of 1000 points in the Dow on … Continue reading

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Who pays the corporate income tax ? Shareholders or Workers ?

One of the hot topics sure to come up during the election campaign and the debates is the issue of taxation. The two opposition parties both are proposing increases in taxation .But their plans differ. The Liberals want to increase … Continue reading

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Canadian election underway:Close race according to polls; deficit hysteria plagues all three of the major parties

Conservative Prime Minister Stephen Harper visited the Governor General on Sunday requesting Parliament be dissolved and a general election called for Oct 19. This unleashed what will be a 78 day campaign the longest in history since the nineteenth century. … Continue reading

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High employment deficit or surplus key to understanding how deficit finance can work to promote growth and lower unemployment: How to escape deficit hysteria .

The orthodox dogma about deficits is that they are “always very bad witness Greece”. This is the claim of the austerity obsessed fiscal conservatives. But what a lot of the advocates of this position seem to ignore is that this … Continue reading

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The new imperial order in Europe: financial gunboat diplomacy and the decline of European civilization

The diktat imposed by Germany and its neo-con vassal states upon Greece in these recent hours conjures up correctly I think the days of imperial excesses in Asia in the nineteenth and twentieth century by the western powers where servitude … Continue reading

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The Terrible Return of Financial Authoritarianism:US and Canada have a role to play in Overcoming It.

It may well be that a third “bailout” pact will be successfully negotiated over the weekend with Berlin and the European conservatives as usual calling the shots forcing the Syriza Government to discredit itself in the eyes of its voters … Continue reading

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