L. Randall Wray | November 10, 2021 If the global financial crisis (GFC) of the mid-to-late 2000s and the COVID crisis of the past couple of years have taught us anything, it is that Uncle Sam cannot run out of money. During the GFC, the Federal Reserve lent and spent over $29 trillion to bail out the world’s financial system,[1] and then trillions more in various rounds of “unconventional” monetary policy known as quantitative easing.[2] During the COVID crisis, the...
Read More »Is Climate Change a Fiscal or Monetary Policy Challenge?
Lekha Chakraborty(Professor, NIPFP, and Member of Governing Board, International Institute of Public Finance, Munich) Climate change is about risks and uncertainty. How well the monetary policy stance can incorporate such risks and uncertainties is questioned by many economists. There is a broad consensus among economists that fiscal policy is capable of dealing with the climate crisis but monetary policy is not, due to the latter’s lack of tools. It is widely acknowledged that public...
Read More »Green party’s housing platform
With Canadians headed to the polls next week, I’ve written a 650-word overview of the Green Party’s housing platform. Here’s the link: https://nickfalvo.ca/ten-things-to-know-about-the-green-partys-housing-platform/ Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is Section Editor of the Canadian Review of Social Policy/Revue canadienne de...
Read More »The bloc québécois’ housing platform
With Canadians heading to the polls in a federal election this month, I’ve written a 600-word overview of the Bloc Québécois’ housing platform. It’s available here: https://nickfalvo.ca/ten-things-to-know-about-the-bloc-quebecois-housing-platform/ Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is Section Editor of the Canadian Review of...
Read More »Liberal party’s housing platform
With a federal election taking place in Canada in fewer than three weeks, I’ve written a 950-word overview of the Liberal Party’s housing platform. It’s available here: https://nickfalvo.ca/ten-things-to-know-about-the-liberal-partys-housing-platform/ Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is Section Editor of the Canadian Review of...
Read More »the federal Conservatives’ housing platform
With a federal election taking place in Canada on September 20, I’ve written an 800-word overview of the Conservatives’ housing platform. It’s available here: https://nickfalvo.ca/ten-things-to-know-about-the-federal-conservatives-housing-platform Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is Section Editor of the Canadian Review of...
Read More »the federal NDP’s housing platform
With a federal election taking place in Canada on September 20, the NDP has released its platform, which includes important housing-related measures. I’ve written a ‘top 10’ overview of the housing components of the platform. My overview is available here: https://nickfalvo.ca/ten-things-to-know-about-the-federal-ndps-housing-platform/. Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University...
Read More »The 2021 federal budget
I’ve written a ‘top 10’ overview of the recent federal budget. The link to the post is available here: https://nickfalvo.ca/ten-things-to-know-about-canadas-2021-federal-budget/ Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is Section Editor of the Canadian Review of Social Policy/Revue canadienne de politique sociale. You can check out his...
Read More »Canada: Ten things to know about the federal role in housing policy
I’ve written a 750-word overview of the federal role in housing policy. The English-language version is here: https://nickfalvo.ca/canada-ten-things-to-know-about-the-federal-role-in-housing-policy/ The French-language version is here: https://nickfalvo.ca/canada-dix-faits-saillants-sur-le-role-du-federal-en-matiere-de-politique-du-logement/ Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton...
Read More »The 2021 alberta budget
On 25 February 2021, Jason Kenney’s United Conservative Party government tabled its third budget, announcing very few major changes to either spending or taxation, while also projecting a deficit of $18.2 billion for the 2021-22 fiscal year. I’ve written an 900-word overview of the budget here. Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and...
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