Category Archives: Uncategorized

Quebec election English language debate no clear winner but debate is substantive , some sharp differences emerge.

Posted on September 18, 2018 by haroldchorneyeconomist

The party leaders all acquitted themselves reasonably well given the challenge of debating in English the complex problems and challenges that Quebec faces.This was more difficult for Manon Massé,the representative of Quebec Solidaire and perhaps, also at times a bit … Continue reading →

Posted in Montreal politics, Québec, Québec election, Uncategorized | Tagged | Leave a comment

The Notwithstanding clause comes back to haunt us just as Pierre Trudeau warned it would. Ontario Premier Ford says he intends to use it to overcome a Superior court decision declaring his restructuring of Toronto city council in the midst of an election violates the charter of rights.

Posted on September 11, 2018 by haroldchorneyeconomist

The increasingly clear indication from Ontario’s new right wing government is that it leans in. a very partisan disruptive direction and shows little respect for democratic rights and freedoms. It is nothing less than demagogic to argue the government is … Continue reading →

Posted in Canada, civil liberties, Doug Ford and authoritarian politics, Ontario elections, Uncategorized | Tagged , | Leave a comment

Long term consequences of a lopsided trade deal need to be carefully evaluated

Posted on August 29, 2018 by haroldchorneyeconomist

It s now more than thirty years ago on October 4th 1987 that Canada ,under the direction of the then Conservative prime minister Brian Mulroney , agreed to a free trade agreement with the United States. In doing so it … Continue reading →

Posted in Canada, Free trade and Canadian history, NAFTA negotiations, U.S., Uncategorized | Leave a comment

Energy price rises due to tax increases, tariffs and price distorting power of oil cartel not a measure of true inflation

Posted on July 22, 2018 by haroldchorneyeconomist

A number of Canadian analysts have responded to the news that Canadian “inflation” has risen to 2.5 % a level above the Bank of Canada’s target rate of 2 % as a justification for arguing that the central bank ought … Continue reading →

Posted in Uncategorized | Leave a comment

Bank of Canada Raises interest rates again : No sign of inflation and danger of trade war slowing growth Underestimated in its Decision

Posted on July 11, 2018 by haroldchorneyeconomist

Once again the central bank operating as it does with a Friedman based Nairu perspective with respect to inflation has mistakenly raised the overnight lending rate. This is an inappropriate response to the emerging trade war and likely recession promoting … Continue reading →

Posted in Uncategorized | Leave a comment

Ontario election once again reveals deep flaws in our electoral systems

Posted on June 9, 2018 by haroldchorneyeconomist

Just look at the results published at Elections Ontario. The Progressive Conservatives received 40.49 % of the vote. But they won a large majority of the seats 76 out of 124 or 61 % of the seats. The second place … Continue reading →

Posted in Uncategorized | Leave a comment

Second posting CEA paper Post crash macroeconomics:the eclipse of rational expectations monetarism and the need for a new synthesis

Posted on June 1, 2018 by haroldchorneyeconomist

Chorney, Harold (Concordia University Montreal Harold.chorney@concordia.ca) Title Post-crash macroeconomics: The eclipse of rational expectations monetarism and the need for a new synthesis. Abstract Most of the classical and Neo-classical macroeconomics edifice imploded with the crash of 2007–2009. Instead of market … Continue reading →

Posted in Uncategorized | Leave a comment

Post crash macroeconomics:the eclipse of rational expectations monetarism and the need for a new synthesis (under construction) paper presented to the Canadian Economic Association annual meetings June 1 2018 McGill university Montreal

Posted on May 31, 2018 by haroldchorneyeconomist

Chorney, Harold (Concordia University Montreal) Title Post-crash macroeconomics: The eclipse of rational expectations monetarism and the need for a new synthesis. Abstract Most of the classical and Neo-classical macroeconomics edifice imploded with the crash of 2007–2009. Instead of market clearing … Continue reading →

Posted in Uncategorized | Leave a comment

Goodbye to NAIRU? Hello Once Again to Keynes

Posted on May 7, 2018 by haroldchorneyeconomist

Paul Krugman has a very interesting piece in the New York Times today. It builds on the very good recent  work of Olivier Blanchard on the natural rate and the possibility of hysteresis brought about by prolonged unemployment in the … Continue reading →

Posted in Uncategorized | Leave a comment

Poli 489 AB spring 2018 course outline

Posted on May 2, 2018 by haroldchorneyeconomist

Poli 489 AB Spring summer term,Tuesday and Thursday 1:15-4:00 p.m. Prof. Harold Chorney. Office hours:Tuesday and Thursday 4:30-5:45 pm   This course is a seminar course organized around the debate  that has been taking place over the apparent dramatic rise in … Continue reading →

Posted in Uncategorized | Leave a comment