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Recent Posts
- Fed and Bank of England raise rates Bank of England warns of recession
- Federal Government Budget cautious document :unemployment projected to be 5.8% then fall to 5.5 % in 2022-23
- Hello after much faffing about with the help of my computer savvy son I am glad to say that my wordpress site is once again accessible
- Poli 349 AA (9930): Political and Social Theory and the City. Course outline fall 2021. Thursday 5:45-8:15 Prof. Harold Chorney (Latest Version).
- Poli 204 Course outline Prof.Chorney latest version
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Category Archives: Uncategorized
The founding of the United States, the emergence of its currency and lessons for the Greek crisis.
Many people are unaware of the monetary and currency roots of the American Revolution. Most know about the revolt over unfair taxation without representation that inspired the American tea party incident in Boston harbour. But the revolt was also about … Continue reading
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Greek government puts EU final offer to referendum test: Unclear if it will pass but democratic option commendable
The Greek government led by Alexis Tsipras and the Syriza party has turned the tables on the austerity obsessed European union. I t has announced a referendum on the final offer presented to it by the EU, the ECB and … Continue reading
Further views on Greece as signs of domestic opposition from pensioners and others badly affected by proposed deal’s likely measures
There is no doubt that a resolution of the Greek crisis is a desirable objective but there is also no doubt in my mind that increasing austerity in Greece on the backs of hard pressed pensioners and the middle classes … Continue reading
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Tagged Ashoka Mody, dangers of austerity, greek crisis, Larry Elliot Guardian
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Greece finance minister releases full text of his statement on Greek negotiations as deal looks more likely
Greece’s Proposals to End the Crisis: My intervention at today’s Eurogroup By going to this address the reader will find Mr.Varoufakis’s views as he presented them to the EU negotiating group. They are comprehensive, will be controversial to some but very … Continue reading
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Greek Prime minister makes reasoned defense of Greece’s pension system:article in German paper Der Tagesspiegel
The Greek drama is approaching the crisis stage of the expiry of the current bailout and the unwillingness of its IMF. and EU creditors to reach a compromise deal to release funds to Greece in order to prevent it from … Continue reading
US unemployment continues to improve; Japan grows and Greek crisis continues: Amartya Sen blasts austerity in New Statesman
Let us begin with the last item. Amartya Sen the Nobel prize winning economist with deep humanist convictions whose course on theories of value and distribution I followed while I was a grad student at the LSE has written an … Continue reading
Jacques Parizeau passes away: Québec mourns builder of modern Québec
Jacques Parizeau has died at age 84. His death was announced by his wife Lisette Lapointe earlier today. Parizeau, whether one agreed with him or not about Québec sovereignty and the fracturing of Canada, was an intellectual with sophisticated technocratic … Continue reading
The British economic recovery and Osborne’s austerity: Ferguson wrongly blames Keynes for Labour’s Loss
The Ft has published a piece by Harvard historian Niall Ferguson in which he makes the false claim that George Osborne, the British chancellor followed the correct policy in his austerity program because the British economy recovered. Labour should blame … Continue reading
NDP wins big in Alberta, Conservatives trounced, Wild Rose Official Opposition: Foreshadowing of things to come ?
Well the polls were largely correct within the margin of error. A forty plus year Progressive Conservative dynasty in Alberta crumbled into the historical dust as the dream of the late Grant Notley leader of the NDP in Alberta from … Continue reading
Labour and UK conservatives tied at 33 % each. Alberta NDP poised to win election according to polls
The latest polls in Alberta show the NDP on the road to electoral victory. According to T.C.Norris the party should win between the low 40s to mid 50s in seats in the Alberta legislature giving them at the very least … Continue reading
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