As we transition out of economic lockdown, the bank should encourage debt forgiveness. Easing mortgage and credit card debt is an effective way to promote growth.
Michael Hudson, an eminent left economist, has spent decades studying ancient Mideast economies. His latest book examines debt as "the major cause of economic polarization from antiquity" to now.
David J. Climenhaga
If Conservatives return to power in Alberta, our provincial deficit will soar to unprecedented levels as a result of planned program of tax cuts. But the deficit hawks won't even tweet.
A core belief of neoliberal capitalists is that government budgets must be balanced to prevent the accumulation of public debt. But is public debt necessarily bad?
You're not supposed to brag about deficit because it sounds "fiscally irresponsible" and it may be why Delaney has never been beatified into the cabinet.
Shopping for Christmas presents -- showing your love for debt?
The Canadian Federation of Students held a National Day of Action Wednesday to call for universal access to public, post-secondary education in Canada.
May 30, 2016
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Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter systems. The problem with this history? There’s not a shred of evidence to support it.
Ontario's recent budget brought both good news and bad. But it all comes down to debt, which preceded capitalism, and has always been parasitic and economically destructive.
This week, the provincial government released its update on where provincial finances are at six months into the fiscal year and where the economy is heading. The news is not very good.