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Recent Posts
- 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
- Low interest rates and weaker job numbers than expected mean risk of inflation minimal
- The Economics of inflation, Globe and Mail hysteria and the role of stimulus
- Federal government budget in Canada reinforces the eclipse of deficit dogma and anti Keynesian thinking on appropriate policy
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Category Archives: Uncategorized
Poli 610 AA 2020 Prof. H.Chorney take home test Dec.2 2020
Due back Friday December11 ,2020 Part one: write a paragraph or two on Five of the following: 30 %.5×6 % 1. Says law 2. Classical laissez-faire 3. Michal Kalecki. 4 the multiplier 5.Keynes and Bloomsbury 6. monetary policy and low … Continue reading
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Larry Summers is correct about the needed stimulus and accurate about making it clear that in terms of the low interest rate that the Fed and other national western central banks have posted there is no reason to worry about the deficit or debt and its impact upon the exchange rate of the US dollar nor inflation.
Former American treasury secretary and former Harvard University PresidentLarry Summers has reached some very progressive conclusions about American stimulus and how to finance it. He appeared this Sunday on MSNBC‘s Fareed Zakaria and clearly and forcefully explained what economists like … Continue reading
Deficit and debt worries exaggerated by parliamentary budget officer
Once again we can see private sector and some public sector economists over estimating or historically exaggerating the risk factor in the large debts growing out of the covid-19 crisis. The Government very wisely and the Bank of Canada with … Continue reading
Poli 204 course outline fall 2020
Poli 204 2 BB/ 2020 Concordia universityIntroduction to Canadian PoliticsProfessor Harold Chorney Course outline including essay topics list (under construction please ignore the numbers along the left margin they are a computer glitch of formatting clash between word and word press) … Continue reading
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Poli 610 course outline fall 2020
Macro economic policy after Keynes and covid Professor Harold Chorney Harold.chorney@concordia.ca Concordia university, Montreal This course introduces students to the relevance and work of John Maynard Keynes to the solution of macroeconomic policy problems in the age of covid. Covid … Continue reading
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Protectionism and the rise of Donald Trump; Erin O‘Toole wins Tory leadership with the support of social conservatives, Quebec nationalists and Alberta energy sector
One of the books on my shelves of economics literature in my hallway is Protectionism by Jagdish Bhagwati who has taught at Colombia University for many years. It was published in 1989 by MIT press but most of it is … Continue reading
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The Demand for Money and the issue of liquidity preference
The demand for money and the issue of excessive liquidity preference. Keynes developed his notion of liquidity preference as outlined in the GT (1936) building on ideas he may have developed in part through his earlier supervision of Fredrick Lavington … Continue reading
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Keynes on Marx versus his own approach
Keynes wrote very little on Marx although at one point he dismisses the labour theory of value as ‘‘out of date controverialising‘‘ and at another refers to Marx as a lesser figure than Sylvio Gessell, the German revolutionary Minister of … Continue reading
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