Tag Archives: prices

Existing home sales and prices, increase slightly; inventory declines slightly [Programming note: There will be at least 4 significant reports tomorrow (Nov: 23): jobless claims, personal income and spending, new home sales, and corporate profits for Q3. Then nothing for the rest of the week. I may or may not report on everything tomorrow. I may hold some for Wednesday or Friday. Also, I will probably put up a Coronavirus Dashboard Wednesday or...

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...

Posted by Nick Falvo under BC, bubble, cities, economic thought, foreign investment/ownership, globalization, housing, inequality, interest rates, investment, Liberal Party policy, monetary policy, municipalities, Ontario, party politics, prices, private equity, regulation, Role of government, taxation, Toronto, wealth. September 25th, 2019Comments: none I’ve written a blog post about the Trudeau Liberals’ recently-proposed speculation tax on residential real estate owned...

I’ve written a blog post about the Trudeau Liberals’ recently-proposed speculation tax on residential real estate owned by non-resident, non-Canadians. The full blog post can be accessed 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 is Section Editor of the Canadian Review of Social Policy/Revue canadienne de politique sociale. You can...

Over at the Behind The Numbers website, I’ve written a blog post titled “Ten considerations for the next Alberta budget.” The blog post is a summary of a recent workshop organized by the Alberta Alternative Budget Working Group. The link to the blog post is here. Enjoy and share:

I can’t count the number of times some absurd apologists for Marxism cite some paper in my comments section showing prices are correlated with labour costs – as if this proves the classical Marxist labour theory of value.It does no such thing. The Marxist labour theory of value says much more than this.In volume 1 of Capital, the “law of value” expounded there was later described by Marx in these terms: “The assumption that the commodities of the various spheres of production are sold at...

This can be seen in an article Engels wrote in May 1895 for the Neue Zeit (Marx 1991: 1027, n.), which is available as the “Supplement and Addendum” to Volume 3 of Capital in Marx (1991: 1027–1047).Right at the beginning of this supplement, Engels notes that people such as Achille Loria had pointed to the devastating contradiction between volume 1 and volume 3 of Capital in the theory of value (Marx 1991: 1027–1028).Next, Engels mentions that Werner Sombart, in a review of Marx’s work...