Another review of Economics for Everyone, 2nd ed.

Here’s another review of Jim Stanford’s Economics for Everyone, 2nd edition, this one by guest contributor and MMT aficionado Larry Kazdan. Review of Jim Stanford’s /Economics for Everyone by Larry Kazdan Jim Stanford has written a superb book which deserves pages of admiration and praise – a truly impressive body of work that introduces to the public an alternative vision of progressive […]

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Is Slow “Growth” Inevitable?

Most of the world economy (including Canada’s) has performed sluggishly since the Global Financial Crisis of 2008-09.  And many economic and fiscal projections now accept this pattern of slow growth as more-or-less inevitable, as a “new normal.” This argument is typically invoked to justify a ratcheting down of expectations regarding job prospects, incomes, and public services. In my view it’s […]

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How not to fund infrastructure

Recycling is supposed to be a good thing, so when the federal Liberals quietly announced that “asset recycling” would be part of their strategy for meeting their much-ballyhooed infrastructure promises, not many eyebrows were raised. They should have been. Asset recycling is an obscure code word for selling our public goods for private profit. It’s privatization by another name. Don’t […]

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How to Solve a Problem like Internal Trade Barriers?

In 1995, Canadian First Ministers signed an Agreement on Internal Trade. From the website, “Its purpose is to reduce and eliminate, to the extent possible, barriers to the free movement of persons, goods, services, and investment within Canada and to establish an open, efficient, and stable domestic market.” Well, it turns out that agreement, although regularly updated and renegotiated, is […]

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