Andrew Jackson

Blog
Oct 4, 2011

The fundamentals are pretty shaky

Andrew Jackson
The official line we hear every day is that the Canadian fundamentals are great, while other countries are in deep trouble because they are spending beyond their means and borrowing too much.
Blog
Oct 1, 2011

Stephen Harper and Economics 101

Andrew Jackson
Prime Minister Stephen Harper, who prides himself on being an economist, has characterized his government's fiscal policy as "expansionary."
Blog
Sep 30, 2011

The G20 and jobs

Andrew Jackson
The meeting of G20 Labour Ministers in Paris on September 26-27, held in advance of the November G20 summit in Cannes, reached some conclusions which go some way toward living up to prior commitments.
Blog
Sep 29, 2011

Wage deflation confirmed

Andrew Jackson
In an earlier post, I noted that falling real wages, as indicated by July and August data from the Labour Force Survey, signalled trouble ahead.
Blog
Sep 23, 2011

Taxing the rich

Andrew Jackson
Over at the Globe and Mail Economy Lab, our friend Stephen Gordon argues that there are only limited revenues to be gained by taxing the rich.
Blog
Sep 22, 2011

Global imbalances

Andrew Jackson
The IMF World Economic Outlook notes that the desired process of rebalancing global demand from countries with large trade deficits to countries with large trade surpluses is not going very well.
Blog
Sep 21, 2011

Trade unions urge G20 action on jobs

Andrew Jackson
The G20 labour ministers' meeting next week is being held against the background of high unemployment in the advanced economies, and the prospect for unemployment to increase even further.
Blog
Sep 16, 2011

Falling real wages signal trouble ahead

Andrew Jackson
The Labour Force Survey for August showed that average hourly wages were up by just 1.4 per cent from a year earlier. It seems that we have entered a period of falling real wages.
Blog
Aug 25, 2011

The macro-economics of financing employment insurance

Andrew Jackson
The federal government has launched consultations on EI premium setting. This provides the opportunity to shift from an ad hoc system to one that is more fair to workers and economically rational.
Blog
Aug 24, 2011

Recession ahead?

Andrew Jackson
TD Economics released a rather gloomy report, putting the odds of a U.S. recession at 40 per cent, and arguing that the Canadian economy is more vulnerable to recession than it was in 2008.

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