Category Archives: Uncategorized

How long will inflation stay low ? Have we entered a new age of low inflation , slower growth and sluggish employment ?

Posted on January 20, 2014 by haroldchorneyeconomist

The question on many people’s minds in the financial and futures markets is all about judging the future inflation rate. Inflation has not been a problem for most of the past decade and certainly not a problem since the crash … Continue reading →

Posted in business cycles, Canada, European unemployment, fiscal policy, J.M.Keynes, Milton Friedman and NAIRU, monetary policy, U.S., Uncategorized, unemployment | Tagged , , , | 2 Comments

Unemployment Rises in Canada, falls in U.S. but weak numbers in both countries suggest possible slow down

Posted on January 11, 2014 by haroldchorneyeconomist

Statistics Canada and the U.S. bureau of labour statistics published their December unemployment numbers and there are signs of potential trouble in both sets of numbers. The unemployment rate rose in Canada to 7.2% and fell in the U.S. to … Continue reading →

Posted in austerity, Canada, Federal Reserve, fiscal policy, full employment, government shut down+debt ceiling U.S., monetary policy, U.S., Uncategorized, unemployment | Tagged , , | Leave a comment

Poli 349:Political and social theory and the city Course outline fall 2021. policy 349 AA (9930)Thursday 5:45-8:15 Prof.Harold Chorney

Posted on January 7, 2014 by haroldchorneyeconomist

This course focuses on the rise of the metropolis and its links to economic and technical change that underlay the beginnings of nineteenth and twentieth century industrial capitalism. The city has always played a central role in both conservative and radical … Continue reading →

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Poli 212 Politics and Economy winter 2014 course outline

Posted on January 7, 2014 by haroldchorneyeconomist

This course is a survey course which introduces students to the study of political economy a discipline which draws on the sub field in political science but also on the history of economic thought, policy analysis, economic history, neoclassical economics … Continue reading →

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Demographic slowdown in U.S. may be one of the causes of the deep recession and slow recovery

Posted on January 2, 2014 by haroldchorneyeconomist

First of all a healthy and happy New Year to everyone. With any luck and some good policies this year should be more prosperous for more people than 2013.  We are beginning the sixth year since the crash and financial … Continue reading →

Posted in business cycles, Canada, fiscal policy, Keynesian multiplier, U.S., Uncategorized, unemployment | Tagged , , | Leave a comment

Austerity and destruction of trade unions in Europe seeks to restore the anti Keynesian economic policies of the 1930s

Posted on December 8, 2013 by haroldchorneyeconomist

The unemployment rate dropped slightly in the U.S. which is of course a good thing. Check out the U.S. Bureau of Labour statistics for the latest numbers. However, there are still some very bad things happening in Europe around economic … Continue reading →

Posted in austerity, classical economics, deficits and debt, European debt crisis, European unemployment, full employment, J.M.Keynes, treasury view, Uncategorized, unemployment | Tagged , , | Leave a comment

The Federal byelections: Liberals may win 3 of the 4 in close races.

Posted on November 26, 2013 by haroldchorneyeconomist

The counting is not complete but so far the Conservatives have won only Provencher, essentially a safe Tory seat but in the three other ridings they look like they will be soundly defeated in Bourassa and Toronto Centre where the … Continue reading →

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The Assassination of John Fitzgerald Kennedy fifty years later

Posted on November 20, 2013 by haroldchorneyeconomist

This week on Friday November 22 is the fiftieth anniversary of the murder of John F.Kennedy in Dallas ,Texas. Its hard to believe that fifty years have passed.I was seventeen at the time, a first year university student at the … Continue reading →

Posted in American Presidential election, Uncategorized | Tagged , | Leave a comment

Liberal Democrat Bill de Blasio wins New York Mayoralty Race in a Landslide.

Posted on November 6, 2013 by haroldchorneyeconomist

New York city has once again pointed the way forward for liberal political aspirations in the United States. In an election that will have repercussions far beyond its borders,52 year old Bill de Blasio has captured the New York mayoralty … Continue reading →

Posted in the metropolis, U.S., Uncategorized, urban culture | Tagged , , | Leave a comment

Montreal’s election important for future of economy

Posted on November 4, 2013 by haroldchorneyeconomist

Montreal is one of the three great metropolises of Canada. Along with Toronto and Vancouver,  Montréal has a larger than life presence in the la vie quotidienne of millions of people in Canada. Toronto has a population in its census … Continue reading →

Posted in Uncategorized, urban culture | Tagged | Leave a comment