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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
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Category Archives: Uncategorized
Judicial review and the Charter by Marianna Callocchia
The Charter of Rights and Freedoms: Assessing the Power of the Courts & the legislature The Canadian Bill of Rights – 1960: The Canadian Bill of Rights served as the Canadian government’s first attempt to formally introduce a series … Continue reading
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Progressive Federal Liberal budget welcome news but caution about the Bank of Canada‘s anti inflation obsession is required.
This week Finance Minister Bill Morneau tabled a very progressive stimulative budget in Parliament that clearly from the outset established the fact that austerity was bad policy which undermined growth, equity and low unemployment. He correctly pointed out that investing … Continue reading
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Esoteric derivatives contribute to chaos on markets
The explosive growth of derivative products has played a role in increasing and spreading market irrationality and a movement away from fundamentals in influencing stock market traders. During the period 2000 to the collapse in 2007 -09 this explosion of … Continue reading
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Irrational fears once again drive markets down excessively
Once again the irrational fundamentals on which the stock market is based have come to the surface with today ‘s over 4 % fall so far in the value of the Dow Jones index.At one point the market was down … Continue reading
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Poli 489 2018 course outline Advanced seminar on inequality Prof. Harold Chorney
Poli 489 Course outline (under construction) Professor Harold Chorney Wed. H633-1 18:00- 20:15 The real estate bubble and the crash of 2007 -09 uncovered serious strains in the economic and social fabric of global capitalism. The recovery from what turned … Continue reading
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Montreal elects environmentalist and left of centre Valerie Plante as its next mayor
Montreal where I have lived ever since 1982 when I moved here from Toronto has once again turned to the left and to bicycle riding environmentalists and community activists for its new mayor and governing party. The election turnout was … Continue reading
Posted in Canada, Montreal politics, Québec, Uncategorized
Tagged Montreal turns left and green
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Fed and Bank of Canada hold back on rate rises: Stimulus continues Smart decisions
Recently both the Federal Reserve and the Bank of Canada made smart decisions not to increase rates despite pressure from some less well informed quarters that they should do so as believers in the NAIRU rate are still convinced that … Continue reading
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British national debt 1690 to 1910
(originally published on my blogspot blog in 2010) Over the years that I have researched the question of the national debt and its impact upon an economy I have always been astonished at how boldly politicians, journalists and others … Continue reading
The Great Depression revisited
( Originally published February 20 , 2006 on my Harold Chorney political economist blog.I m republishing it here for the convenience of readers and students. ) The Great Depression which began after the stock market crash in the fall … Continue reading
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Condolences to all those affected by the tragic events in Las Vegas and the terrible hurricanes, the earthquake in Mexico and a suggestion to help repair the damages.
Many millions of people in the US. have been tragically affected by the terrible hurricanes that swept through Florida, Texas, Louisiana,Puerto Rico, the Caribbean islands and now the horror of a mass shooting in Nevada.Mexico also suffered a tragic loss … Continue reading
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