economic crisis

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
Sep 9, 2011

The history of the post-9/11 world

Gerry Caplan
Ten years after the trauma of 9/11, the richest 1 per cent of Americans earn as much as the bottom 60 per cent and have as much wealth as the bottom 90 per cent. But you ain't seen nothing yet.
Blog
Aug 30, 2011

When the rich and powerful overplay their hand

James Laxer
We are in the grip of a socio-economic crisis in which the rich and the powerful in the world refuse to share the burden of coping with the economic disaster they did so much to unleash.
Blog
Aug 29, 2011

Hurricane Trichet hits Jackson Hole

Erin Weir
European Central Bank president Jean-Claude Trichet does not seem to get it. Far from acknowledging that last month's interest-rate hike was premature, he touts "price stability."
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.
Blog
Aug 19, 2011

On balancing the budget

Andrew Jackson
Andrew Watt has written an especially cogent piece on why the balanced budget rule proposed for the Euro area by Merkel and Sarkozy is a very, very bad idea.
Blog
Aug 13, 2011

Modern Monetary Theory: What it means for Canada

Keith Newman
While Modern Monetary Theory deals with the details of monetary and fiscal matters, the implications of its analysis are much broader, especially in current political times.

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