MMT.MediumCapitalism and the veil of ignorance Claire Connelly
Read More »Marshall Auerback — The Fed Is on the Verge of Making a Major Policy Error
Policymakers have helped to perpetuate an economic model that is ultimately unsustainable. The article is based on Bill Mitchell's analysis of US unemployment.AlterNetThe Fed Is on the Verge of Making a Major Policy ErrorMarshall Auerback / AlterNet
Read More »Homelessness and employment: The case of Calgary
I’ve just written a blog post about homelessness and employment, with a focus on Calgary (where I live and work). Points raised in the blog post include the following: -Persons experiencing homelessness usually have poor health outcomes, making it especially challenging to find and sustain employment. -There are several non-profits in Calgary that assist persons experiencing homelessness to find and sustain work. -Persons finding the most success in those programs tend to be relatively...
Read More »Ten proposals from the 2018 Alternative Federal Budget
I’ve written a blog post about this year’s Alternative Federal Budget (AFB). Points raised in the blog post include the following: -This year’s AFB would create 470,000 (full-time equivalent) jobs in its first year alone. By year 2 of the plan, 600,000 new (full-time equivalent) jobs will exist. -This year’s AFB will also bring in universal pharmacare, address involuntary part-time employment among women, eliminate tuition fees for all post-secondary students in Canada, speed up...
Read More »Dean Baker — Morning Edition Tells Us That Most Workers Think Like Most Economists and Don’t Worry About Automation
Productivity growth (the rate at which technology is displacing workers) had slowed to roughly 1.0 percent annually in the years since 2005. This compares to a 3.0 percent growth rate in the decade from 1995 to 2005 and the long Golden Age from 1947 to 1973. Most economists expect the rate of productivity growth to remain near 1.0 percent as opposed to returning back to something close to its 3.0 percent rate in more prosperous times.… It is also worth noting that the high productivity...
Read More »Bruce Lesnick — The Unemployment Conspiracy
JG v. UBICounterpunchThe Unemployment ConspiracyBruce Lesnick
Read More »Bill Mitchell — US labour market steady but low wage bias continues
On December 8, 2017, the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – November 2017 – which showed that total non-farm employment from the payroll survey rose by 228,000 in November, slightly less than the October net increase. While the payroll data showed a fairly strong employment outcome, the Labour Force Survey data estimated a weaker rise in employment (57 thousand) in November. The labour force was estimated to have...
Read More »Savings are NEVER needed for investment
Yesterday I spoke to a group of important economists about my book The Production of Money - but omitted to make one important point. So am making it here. Savings are not needed for investment. Ever. There is absolutely no need for example, for the Chancellor to rattle the tax collection box, or cut government spending - to...
Read More »David P. Goldman — Still no Phillpsy-Curve
New data shows continued weak inflation in US, Europe Asia TimesStill no Phillpsy-Curve David P. GoldmanUS tax bill gets huge boost as McCain says yes
Read More »Ten considerations for the next Alberta budget
Posted by Nick Falvo under aboriginal peoples, Alberta, budgets, Child Care, cities, demographics, education, employment, environment, fiscal federalism, fiscal policy, gender critique, homeless, housing, HST, income, income distribution, income support, Indigenous people, inflation, minimum wage, municipalities, NDP, oil and gas, poverty, privatization, progressive economic strategies, Role of government, social policy, taxation, wages, women. November 29th, 2017Comments:...
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