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Harper and Merkel: Partners in austerity

Prime Minister Stephen Harper and Chancellor Angela Merkel.
German Chancellor Angela Merkel visits Canada this week as champion of an austerity policy stance that is failing Europe.

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France and Greece celebrate electoral push back against austerity

Socialist Party supporters in Bastille Square cheered the end of the Sarkozy era in France. (Photo: democraticunderground.com)
France celebrated the defeat of Sarkozy over the weekend. Similar scenes took place in Greece, as the left rode a wave of anti-austerity sentiment.

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Columnists

Greek debt negotiations: A Eurozone tragedy -- or will sense prevail?

Photo: Pictoscribe/flickr

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Another world is possible: Popular movements push back against austerity

Photo: Martin Broek/flickr

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Photo: chris-sy/flickr
| February 11, 2015
Columnists

If people prevail, austerity fails: Lessons from Greece

Image: Michalis Famelis/flickr

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Photo: bluto blutarski/flickr
| January 27, 2015
Columnists

Greece says to Europe: Drop austerity

Photo: Asteris Masouras/flickr

The victory in the Greek elections Sunday of the anti-capitalist Syriza (coalition of the radical left) led by Alexis Tsipras is being celebrated by Europeans rejecting policies that have produced over 11 per cent unemployment across the Eurozone.

The new direction for economic policy that Syriza is calling for will be opposed by the powers-that-be that imposed austerity across Europe: the so-called Troika: the European Central Bank (ECB) in Frankfurt; the European Commission in Brussels; and the International Monetary Fund in Washington, D.C.  

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Five hopeful economic events in 2014

Photo: Margot Trudell/flickr

Every year has its ups and downs, of course. But there's something about New Year's that makes one naturally want to emphasize the positive. So here is my personal list of five positive economic developments from the year past -- both globally and right here at home -- that warmed this particular economist's left-wing heart in 2014.

1. Canadian dollar falls back toward purchasing power parity

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