economic crisis

Mar 4, 2014

Ukraine power play: What's at stake?

Ukraine cannot just be Ukraine: it's an object of great power meddling. With massed citizen actions calling for change, the Americans wanted to shape the new government, bypassing the European Union.
Jan 22, 2014
Figure 1. Inflation and average real wages, 2010-2013. Source: Statistics Canada

Problematic sources of recent real wage growth

Michal Rozworski
The past 18 months have seen real wages increase in Canada. These real wage gains, however, are not that surprising once we take a look at the behaviour of inflation since the crisis.
May 7, 2013

Niall Ferguson's latest gaffe

Bruce Livesey
Niall Ferguson, Harvard historian and author of numerous bad books about economics, is prone to saying ignorant things, making one question the intellectual heft of so-called academic "stars."
Apr 24, 2013

Soviet-IMF chic

Nassim Nicholas Taleb's work in "The Black Swan" is at its most brilliant when he points out the dangers that centralized forms of decision-making produce.
Apr 17, 2013

The Black Swan: Part 1

In his provocative book The Black Swan, Nassim Nicholas Taleb points out that human beings, and especially economists, regularly misinterpret reality.
Nov 9, 2012

The decline of American democracy

Two days ago, the world watched the duel between Barack Obama and Mitt Romney. Regardless of which side we were supporting, the two men represented the divide of a worn-out American society.


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