-
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
Recent Comments
harold chorney on Larry Summers is correct about… Harold Chorney on Larry Summers is correct about… Spencer Hall on The Demand for Money and the i… Alex Benady on Dominic Raab eliminated in rou… haroldchorneyeconomi… on The Federal Reserve‘s obsessio… Archives
- May 2022
- April 2022
- August 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- March 2020
- September 2019
- June 2019
- May 2019
- March 2019
- February 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- November 2017
- October 2017
- September 2017
- August 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
Categories
- Alberta
- American Presidential election
- anti austerity
- austerity
- balance of payments
- Brexit
- business cycles
- Canada
- China and europe
- cinema
- civil liberties
- classical economics
- community
- Cuba and Latin america
- Cyprus banks
- deficit hysteria
- deficits and debt
- Doug Ford and authoritarian politics
- Electoral roof falls in on Miliband
- European debt crisis
- European financial stability fund
- European unemployment
- European Union and UK
- Federal Reserve
- fiscal policy
- France politics+economy
- Free trade and Canadian history
- free trade and globalization
- full employment
- funding essential infrastructure
- government shut down+debt ceiling U.S.
- Greek sovereign debt crisis
- Hayek
- Health care
- infrastructure investment
- Italian debt crisis
- Italy politics and Banking
- J.M.Keynes
- Japan
- Japanese unemployment
- JFK docs, Cuba,Canada
- John Diefenbaker and JFK
- Keynesian multiplier
- Keynesian policy
- Keynesian welfare state
- labour market clearing
- Milton Friedman and NAIRU
- modernism versus ^post modernism
- monetary policy
- monetary policy and Keynes
- Montreal politics
- Mr.Papandreou and democracy
- NAFTA negotiations
- nationalism and trade
- natural rate of inflation
- natural rate of unemployment
- NDP Canadian politics
- Olympic games and winning medals
- Ontario elections
- progressives
- public infrastructure investment
- quantitative easing
- quantitative easing and Keynes
- quantity theory of money
- Québec
- Québec election
- Schumpeter
- sovereignty of quebec
- Spain
- The Great Depression
- the metropolis
- treasury view
- U.K. economy
- U.S.
- UK local elections
- Uncategorized
- unemployment
- urban culture
Meta
Category Archives: Uncategorized
Oil price plunge and possible Greek election: Clouds on the horizon or brighter days ahead ?
I am about to settle in for an evening devoted to grading my exams a twice yearly ritual that follows the end of an academic term. One always learns from reading exams. One also always learns from closely monitoring the … Continue reading
The crisis of 2008:A second look back at the underlying causes and potential cures
The roots of the recent crisis and the path to recovery is still an important debate. A little over four years ago I wrote a piece on this and posted it in my older blog on blogspot. I am reproducing … Continue reading
Posted in Uncategorized
Leave a comment
More positive news from U.S.economy. Payroll employment rises 321,000;Canadian economy slips.
The monthly US Bureau of Labor statistics are out and they reflect good news. US payroll employment grew in november by 321,000 and there were significant upward revisions in the same numbers for September and October. The US unemployment rate … Continue reading
Posted in Uncategorized
Leave a comment
An insightful piece on Manitoba’s political crisis and the problem with sales taxes :see T.C.Norris on blogger.
My original home province of Manitoba is currently embroiled in considerable political controversy over a broken election promise not to increase the sales tax and the fate of its NDP Premier Greg Selinger . As T.C. Norris aka Paul Barber … Continue reading
Historical data on US unemployment:75 months ago unemployment was 5.8 %
One of the most important features of a recession is the length of time it takes for the unemployment rate once elevated to return to its pre recession lows. The US Bureau of Labor statistics fortunately keeps an excellent time … Continue reading
Posted in Uncategorized
Leave a comment
Good news:Unemployment falls to 6.5 % in Canada,5.8% in United States
The U.S. Bureau of Statistics and Statistics Canada released the unemployment numbers and their respective monthly labour force surveys this morning and the results are good. Its a pity the American electorate didn’t see the numbers before the mid term … Continue reading
Posted in Uncategorized
2 Comments
The technique of deficit finance and the multiplier reviewed
I am republishing below a post I wrote trying to explain the multiplier as an effective policy tool embedded in Keynesian deficit finance. It first appeared in my older blog on blogspot Harold Chorney political economist in the middle of … Continue reading
Monetized government Debt as a percentage of the broadly defined money supply and the rate of inflation Canada 1950 to 1989
I am reproducing the following table of data because of its importance in showing that there is no necessary correlation between the percentage of debt that is monetized as a proportion of the broadly defined money stock and the rate … Continue reading
Posted in Uncategorized
Leave a comment
Keynesian stimulus policies bear fruit:US unemployment drops to 5.9% lowest since 2008
The unemployment rate dropped to 5.9 % in September the lowest rate since 2008.The broadly defined definition of unemployment which includes discouraged workers who have dropped out of labour markets also fell to 11.8 %. This is very good news … Continue reading
United Kingdom breathes sigh of relief:Scotland votes no 55%to 45% yes,Devolution on the way
In a hard fought exciting Scottish referendum contest with an overall turnout of 84.6% the No forces have won a clear victory 55.3 % to 44.7% Yes. The final numbers were only completely counted in the early hours of the … Continue reading
Posted in Uncategorized
Tagged federalism, scottish referendum, United Kingdom devolution
Leave a comment
haroldchorneyeconomist 