Category Archives: Uncategorized

All of the member countries in the euro zone have now approved the terms of the second Greek bailout. As well, the 206 billion euro debt restructuring has also been accepted, albeit reluctantly by the majority of Greek sovereign debt … Continue reading →

Canadian employment fell by 2800 in February. This has now happened in three of the last five months, suggesting that a definite slowing down in the economy is emerging . Not a good sign for the unemployed and a clear … Continue reading →

The situation in Greece continues to fester as wrangling continues as to the precise terms and the degree of severe austerity demanded by the EU troika that has been negotiating the bailout. Although precise data is difficult to obtain it … Continue reading →

Despite the Greek economy suffering over 20 % unemployment and 48% youth unemployment ,the European union negotiators have persuaded the Greek political leaders in the coalition government led by technocrats to accept further rollbacks including cuts in government spending amounting … Continue reading →

There was some welcome news on the U.S. unemployment front this morning as the U.S.Bureau of Labour Statistics released the latest unemployment data for the previous month. Unemployment fell from 8.5 % to 8.3 % . Since January of 2011 … Continue reading →

The European leadership has announced it has agreed to a new pact on fiscal discipline with the German Chancellor Angela Merkel leading the way in imposing strict austerity on member countries in the Eurozone. The goal is to force countries … Continue reading →

It amazes me but it appears from the largely negative reaction to a good piece by Larry Summers in the Financial Times, Economic Uncertainty  is no Excuse for  Inaction, about the importance of combining low interest rates with government spending … Continue reading →

American unemployment fell to 8.5% last month as 200,000 more jobs were added to U.S. employment. This is another modestly positive development suggesting that the slow but steady recovery is continuing in the U.S. If one had experienced job gains … Continue reading →

Poli 463/ 2012 Poli 463/2 fall 2012 course outline under constructionPoli 463/2 Government and Business course outline Keynes versus monetarists before and after the crash of 2008 Prof.Harold Chorney Fall/winter 2012Course overview:This course explores the tools that are necessary to … Continue reading →

Poli 349 winter 2012 POLITICS 349 Winter 2012 Professor Harold Chorney Concordia university Chorney@alcor.concordia .ca office hours Tuesday 5:10 to 6 +Thurs. 5:30 -7. This course explores the deep seated search for community in the context of the debate between … Continue reading →