PEF home page and weblog
This is a guest blog post from Louis-Philippe Rochon. Follow him on Twitter @Lprochon. — What a tumultuous few weeks we witnessed in Greece. Though the victory of Syriza was ill-received in particular in Germany and the European Central Bank, it was nonetheless a resounding victory for democracy. This victory may now spill into other […]
Posted by Nick Falvo under Austerity, debt, democracy, economic crisis, economic growth, Europe, exchange rates, Greece, monetary policy, progressive economic strategies.
February 10th, 2015
On December 2, Chris Ragan wrote a column for the Globe and Mail titled “Another (Macro) Defense of Econ 101.” The link to his column is available here . My brief reply was published in the Globe and Mail on December 13. The full version is below: Professor Ragan defends conventional (macro) Econ 101 as a pedagogical tool […]
Posted by David Pringle under economic crisis, economic history, economic literacy, economic models, economic thought, financial crisis, heterodox economics, history of economic thought, progressive economic strategies.
December 16th, 2014
On October 21, Chris Ragan wrote a column for the Globe and Mail titled “In defence of Economics 101.” The link to his column is available here. On October 24, Marc Lavoie, Louis-Philippe Rochon and Mario Seccareccia replied to him. The link to their response is available here.
Posted by Nick Falvo under economic crisis, economic history, economic literacy, economic models, economic thought, financial crisis, heterodox economics, history of economic thought, progressive economic strategies.
October 26th, 2014
A guest blog post from Louis-Philippe Rochon: Dear friends and colleagues, The new issue of the Review of Keynesian Economics (ROKE) is now out, and you can find it here. It features an interesting symposium on ‘Steve Keen and his critics’, and contains not only a paper by Steve Keen, but replies by Marc Lavoie, […]
For the 15th consecutive year, the Progressive Economics Forum (PEF) will be sponsoring events at the Annual Conference of the Canadian Economics Association (which takes place this month in Vancouver). PEF events will take place this Friday and Saturday; details pertaining to all PEF events can be found at this link. Once again this year, […]
Earlier today, over at the Academic Matters web site, I addressed the issue of whether Canada’s current system of high tuition fees and means-tested student aid is in fact “progressive.” My post was a response to a Alex Usher‘s May 9 blog post. My blog post can be found here.
Posted by Nick Falvo under economic literacy, education, financial literacy, fiscal federalism, health care, income support, inequality, Ontario, post-secondary education, progressive economic strategies, social policy, user fees.
May 12th, 2014
Watching Rob Ford in the recent weeks reminds me of what John Ralston Saul once wrote of Benito Mussolini and his contemporary reincarnation in Silvio Berlusconi: “He was the nascent modern Heroic leader. Mussolini combined the interests of corporatism with public relations and sport, while replacing public debate and citizen participation with false populism and […]
This week I am attending a conference entitled “Welfare Reform in Canada: Provincial Social Assistance in Comparative Perspective,” organized by Professor Daniel Béland. The focus of the conference is “social assistance,” which typically encompasses both last-resort social assistance (i.e. ‘welfare’) and disability benefits. In Ontario, the former is known as Ontario Works and the latter […]
Posted by Nick Falvo under child benefits, income support, Indigenous people, labour market, migrant workers, poverty, progressive economic strategies, Role of government, skill shortages, social policy, temporary workers, training.
October 24th, 2013
A recent online article suggests that Federal NDP Leader Thomas Mulcair is opposed to increasing federal tax rates. I find this quite surprising. According to the August 8 article: Mulcair seemed surprised when he was asked if taxes would go up under an NDP government. “You’re the first person who’s ever asked me that,” he […]
Posted by Nick Falvo under Conservative government, corporate income tax, economic literacy, fiscal policy, income tax, NDP, party politics, progressive economic strategies, social democracy, taxation.
August 9th, 2013
As Erin alludes to in an earlier post, the PEF organized events at this year’s Annual Conference of the Canadian Economics Association (CEA) in Montreal (May 30 – June 2). All told, the PEF organized (or co-organized) eight panels/sessions, in addition to holding its annual general meeting, announcing the winners of our annual student essay […]
Below is the summary for our latest Climate Justice Project report, Closing the Loop: Reducing Greenhouse Gas Emissions and Creating Green Jobs through Zero Waste in BC (I recommend checking the much prettier full paper, stand-alone summary, and awesome infographic by Sam Bradd on the website). Closing the Loop was a complex and challenging project that made my head spin, […]
The Nova Scotia provincial government is set to introduce its promised balanced budget this year. The Nova Scotia Alternative Budget, released today, proposes some concrete choices rooted in Nova Scotia communities. Rather than pay down debt, the NS-APB prioritizes balancing the social debt threatening Nova Scotia. Can a budget really be considered balanced when unemployment […]
A new CCPA (National) report by Marc Lee and myself argues that Canada’s tax system needs a “fairness” overhaul and presents a framework for progressive tax reform. Those of you who have been following our tax work so far will find this study a great complement to the BC Tax Options Paper. Tax policy is […]
Posted by Iglika Ivanova under corporate income tax, financial transactions tax, guaranteed annual income, income support, income tax, inequality, progressive economic strategies, taxation, TFSA.
February 14th, 2013
The following comes from a short talk on a vision for a zero-carbon BC that I gave at a couple events this Fall. Many have asked for the text so I’ve posted it here, and we may try and turn it into a video. That said, I have been reluctant to do so up to […]
Last week’s CAW convention in Toronto was one of the most exciting labour events I’ve ever been to.
Kudos to Bank of Canada Governor Mark Carney for raising the profile of the over $500 billion Canadian corporations are holding in excess cash surpluses and not investing in the economy, which garnered front page coverage (and kudos to the CAW for inviting him to speak.) It’s not the first time he’s raised this concern. […]
Posted by Toby Sanger under Bank of Canada, capitalism, corporate income tax, corporate profits, debt, deficits, economic crisis, financial crisis, household debt, income distribution, investment, progressive economic strategies.
August 23rd, 2012
Today the CCPA released a new big picture report by myself and student researcher Amanda Card calling for a Green Industrial Revolution. The report builds on work done for the BC-focused Climate Justice Project, bringing to bear a national analysis of green and not-so-green jobs. We take a close look at GHG emissions and employment […]
Posted by Marc Lee under carbon pricing, ccs, climate change, economic growth, employment, energy, environment, housing, industrial policy, investment, labour market, macroeconomics, oil and gas, progressive economic strategies, public infrastructure, public transit, tar sands, transportation.
June 12th, 2012
Today’s record low interest rates on long term Canadian government bonds present a fantastic opportunity to save money by borrowing more. Back last December I wrote a post pointing out that the federal government could and should be much more aggressive in locking in low interest rates by shifting new borrowing to long term bonds […]
Asked by an anglophone journalist what the Québec students struggle means for the ROC, this is what I had to say. http://cutvmontreal.ca/videos/1102 I’m was among a varied group of people who published a declaration tuesday, on May day, in support of the student movement. One of the main themes of our message was to link […]
In the context of student protests over Quebec tuition fees, my friend Luan Ngo has just written a very informative blog post on Quebec’s fiscal situation. While I encourage readers to read his full post, I do want to use the present space to make mention of three important points he makes: -On a per […]
Posted by Nick Falvo under Bank of Canada, budgets, Conservative government, corporate income tax, debt, deficits, economic crisis, economic growth, economic literacy, economic models, economic thought, education, equalization, financial crisis, fiscal federalism, fiscal policy, heterodox economics, inflation, interest rates, macroeconomics, monetary policy, post-secondary education, progressive economic strategies, Quebec, social policy, student movement, user fees.
April 28th, 2012
A recent article by Stefani Forster, of the Canadian Press, suggests that the Quebec student protests may be starting a larger social movement outside of Quebec. According to the article: In the last few days, Quebec’s student protests have received coverage in French news outlets like Le Monde and Agence France-Presse, in Australia, in New […]
(This guest blog was written by Mike Marin and Anouk Dey. It originally appeared in the Toronto Star on February 24. The authors are part of a team that produced the report Prospering Together (in English http://bit.ly/z4GQx5 and in French http://bit.ly/yabiK2) What do the Occupy Movement and Canadian software giant OpenText have in common? Most […]
Posted by Armine Yalnizyan under competition, economic growth, education, inequality, Occupy Movement, productivity, progressive economic strategies, skill shortages, social policy, young workers.
February 26th, 2012
December marked the three-year anniversary of Ontario’s Poverty Reduction Strategy. While I believe there is much to celebrate, much remains to be done. The Strategy surprised a lot of observers, especially in light of the fact that it was announced in December 2008, just as Ontario was entering a recession. Its focus was almost exclusively […]
Posted by Nick Falvo under child benefits, Conservative government, corporate income tax, early learning, economic crisis, education, fiscal federalism, fiscal policy, housing, income support, income tax, Indigenous people, inequality, minimum wage, Ontario, poverty, progressive economic strategies, recession, social indicators, social policy, taxation, unemployment.
January 8th, 2012
Rabble.ca is running a series of reflections on the tenth anniversary of the New Politics Initiative, which sought to create a more democratic politics in Canada ideally as part of a revitalized NDP. The vision statement is here; my piece follows, and there are also contributions from Judy Rebick and Jim Stanford. Altogether these make for a […]
Over a year ago, I posted “What are the Game Changers?“, an attempt at sparking some strategic thinking for the broader left. Now that we’ve had a month of Occupation, building on the original Occupy Wall Street action, I’ve been wanting to put these ideas back on the table, so below I recycle much of […]
Starting today I will be on a regular weekly biz panel for the Lang and O’Leary show, every Thursday night. The panel will take on two six minute segments to discuss the big economic stories of the day. Today’s proposed topics – the Eurozone mess, whither Canada’s GDP, is Occupy a media invention/will it hold […]
Governments around the world are heading down a path to economic suicide. So said Nobel Prize-winning former chief economist of the World Bank, Joseph Stiglitz, to hundreds of well-heeled financiers and decision-makers who paid a bundle to hear him in Toronto. With a voice as gruff as gravel, and an energy bristling with urgency, he […]
Posted by Armine Yalnizyan under budgets, Conservative government, deficits, economic growth, employment, federal budget, fiscal policy, progressive economic strategies, Role of government, unemployment, World Bank.
October 31st, 2011
I hung out a while yesterday at the Vancouver Occupation, and was impressed with their efforts at radical democracy. Many in the mainstream press have been quick to pile on for how time-consuming decision-making can be under this model, but perhaps they have not spent enough time in legislatures and committee meetings and public consultations. […]
I have an opinion piece out on Access Copyright, English Canada’s longtime copyright middleman. I argue that Access Copyright is a bit like the Blockbuster Video of Canadian university libraries—once indispensable, and now almost obsolete (largely due the Internet). Within a year from now, it’s possible that no Canadian university will still have day-to-day dealings with […]
In search of some background on the “Occupy Wall Street” movement, I recently caught up with Rick Wolff. He is a progressive economist and rising alternative media celeb in NYC (you can hear his entertaining weekly radio discussion of economic news at http://rdwolff.com/). He (with others like Stiglitz) among other spoke to the Occupy Wall […]