The Contemporary Relevance of Karl Polanyi

The political economist Karl Polanyi, author of the 1944 volume The Great Transformation: The Political and Economic Origins of Our Time, is arguably better known today than during his lifetime. The time has come for a major biography of Polanyi, Karl Polanyi: A Life on the Left by Gareth Dale. It is thoroughly excellent and provides the occasion to ponder […]

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Newly-signed FPT housing framework agreement

I’ve just written a blog post about the newly-signed federal-provincial-territorial housing framework agreement. This agreement builds on (and helps move forward) Canada’s National Housing Strategy, which was released last fall. One of the points made in the blog post is that the federal government’s stated objective of removing approximately half-a-million households from core housing need is very ambitious, in light […]

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2018 PEF Student Essay Contest is Open!

The 2018 PEF Student Essay Contest is  open! The deadline for submitting essays is quickly approaching: April 30, 2018. Please use this  submission form  (fiche d’inscription concours).  You can download a poster (English ,  Francais) here — please help us out and post one in your department. 2018 PEF ESSAY CONTEST RULES ELIGIBILE ENTRANTS ? Open to all Canadian students, […]

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A Tale of Two Books

Just published is Volume I of an exhaustive – occasionally exhausting – biography of Paul Samuelson. It’s titled Founder of Modern Economics: Paul A Samuelson Vol I: Becoming Samuelson, 1915-1948 and authored by Roger E Backhouse. The two books of my blog title are Foundations of Economic Analysis, published in 1947, a revision of Samuelson’s Harvard doctoral dissertation, in which he unearthed the mathematical scaffolding […]

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Ten proposals from the 2018 Alberta Alternative Budget

The 2018 Alberta Alternative Budget (AAB) was released yesterday—it can be downloaded here. An opinion piece I wrote about the AAB appeared yesterday in both the Calgary Herald and the Edmonton Journal. Inspired by the Alternative Federal Budget exercise, this year’s AAB was drafted by a working group consisting of individuals from the non-profit sector, labour movement and advocacy sectors. […]

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Media release: Alberta needs a provincial sales tax

(March 20, 2018-Edmonton) Today, a coalition of researchers, economists, and members of civil society released an alternative budget to boost Alberta’s economic growth while reducing income inequality. “Alberta is on the road to recovery after a deep recession,” said economist Nick Falvo, “now is not the time to reverse the course.” The document, High Stakes, Clear Choices, sets a progressive […]

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Inequality-redistribution in Canada update

Two years ago I posted my first guest blog focused on income inequality, specifically how changes in Canada’s redistribution over the last three decades have increased after-tax income inequality, and how these changes compared to OECD trends. The figures and analysis in this post update the earlier blog, based on the most recent OECD data to 2015. I also look […]

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Homelessness and employment: The case of Calgary

I’ve just written a blog post about homelessness and employment, with a focus on Calgary (where I live and work). Points raised in the blog post include the following: -Persons experiencing homelessness usually have poor health outcomes, making it especially challenging to find and sustain employment. -There are several non-profits in Calgary that assist persons experiencing homelessness to find and […]

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Budget Fails to Crack Down on Private Corp Tax Shelter

The federal Budget changed the rules a bit re the taxation of passive investment income in private corporations, but falls well short of what was promised in terms of extra revenues and more tax fairness. The “small business” lobby helped the wealthy big time. http://www.broadbentinstitute.ca/andrew_ajackson/wealthy_get_off_lightly_from_budget_2018_changes_to_the_private_corporation_rules    

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Five Things to Know About the 2018 Federal Budget

I’ve written a blog post about the 2018 federal budget. Points made in the blog post include the following: -Important new housing investments were made for First Nations, Inuit and Métis people. -The Working Income Tax Benefit was expanded, made automatic and rebranded (i.e., renamed). -Canada’s official unemployment is now the lowest it’s been in decades. -Canada’s federal debt-to-GDP ratio is […]

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“Nationalism versus Continentalism: Clarksonian Perspectives”

   Greg Inwood This is a contribution from Greg Inwood for the series commemorating the work of Stephen Clarkson who died in 2016. Greg Inwood is a Profesor in the Department of Politics and Public Administration, and a member of the Yeates School of Graduate Studies at Ryerson University.  He is the author of Understanding Canadian Public Administration and The Politics and […]

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Parental Leave and Pay Equity

Budget 2018 is being advertised as a truly comprehensive gender budget, with two key pieces of that being use-it-or-lose-it paternity leave, and action on pay equity. Last year’s gender budget implemented the Liberal campaign promise to extend EI parental leave from a total of 12 months to 18 months, despite the fact that the idea was universally panned by feminists, […]

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Ten proposals from the 2018 Alternative Federal Budget

I’ve written a blog post about this year’s Alternative Federal Budget (AFB). Points raised in the blog post include the following: -This year’s AFB would create 470,000 (full-time equivalent) jobs in its first year alone. By year 2 of the plan, 600,000 new (full-time equivalent) jobs will exist. -This year’s AFB will also bring in universal pharmacare, address involuntary part-time […]

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The Working Poor and the Working Income Tax Benefit

Here is a short research paper I wrote for the Broadbent Institute. https://d3n8a8pro7vhmx.cloudfront.net/broadbent/pages/7073/attachments/original/1519312305/Canada’s_Working_poor_and_the_Working_Tax_Benefit_-_Report.pdf?1519312305 And here is a short summary: The Liberal government have promised to make progressive changes to the Working Income Tax Benefit (WITB) in next week’s budget. Let’s hope that they deliver. The increased insecurity of work and low hourly wages for many workers mean that many Canadians […]

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Homelessness in BC

In anticipation of tomorrow’s provincial budget in British Columbia (BC), I’ve written a blog post about the state of homelessness in that province. Points raised in the blog post include the following: -Public operating spending by BC’s provincial government has decreased over the past 20 years. -Even after controlling for inflation, average rent levels across the province increased by 24% […]

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Panel discussion at federal NDP policy convention

Yesterday I spoke on a panel discussion on economic inequality, along with Andrew Jackson and Armine Yalnizyan. We were guests at the federal NDP’s policy convention in Ottawa. The panel was moderated by Guy Caron. Topics covered included the minimum wage, basic income, affordable housing, the future of jobs, gender budgeting, poverty among seniors, Canadian fiscal policy in historical perspective, […]

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Toward a Better World

That is the well chosen title of a marvelous new book by Gerry Helleiner,  sub-titled Memoirs of a Life in International and Development Economics. Helleiner, from his home base at the University of Toronto, tells us in this most readable book, in his own modest way, the stories, notably from Africa, of how he devoted his life as an economist to […]

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The Clarkson Story up until Now and the Uncertain Future of The WTO

Stephen Clarkson The following is a contribution in the blog series on the exceptional contribution of Stephen Clarkson to Canada.  Stephen Clarkson died in 2016. The substantial work he undertook on Canada and international trade is particularly relevant today as negotiations on NAFTA and other trade agreements occur.   Stephen Clarkson receiving the Order of Canada   Daniel Drache Daniel […]

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Extreme Wealth Inequality Persists

There was little or no media coverage of the release of data on the distribution of the wealth of Canadians in 2016 last week, perhaps because there has been little or no change since the last Survey of Financial Security in 2012. The top 20% of Canadians own 67.3% of all net worth (assets of all kinds minus liabilities), almost […]

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Canada’s newly-unveiled National Housing Strategy

Over at the website of the Calgary Homeless Foundation, I’ve  written a blog post about the Trudeau government’s recently-unveiled National Housing Strategy. Points raised in the post include the following: -One of the Strategy’s stated objectives is to reduce chronic homelessness in Canada by 50% over 10 years. -The Trudeau government claims that this is Canada’s “first ever” national housing […]

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When Will the Fiesta Start? Mexico-Canada Relations in a New North America

Stephen Clarkson The following is a contribution in the blog series on the exceptional contribution of Stephen Clarkson to Canada.  Stephen Clarkson died in 2016. The substantial work he undertook on Canada’s relationship to Mexico is particularly relevant today as NAFTA negotiations occur. Laura Macdonald is a Professor in the Department of Political Science and the Institute of Political Economy […]

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Louis Pauly on Clarkson’s Great Transformation

The following is a contribution in the blog series on the exceptional contribution of Stephen Clarkson to Canada.  Stephen Clarkson died in 2016. This piece is by Louis W. Pauly who is the J. Stefan Dupré Distinguished Professor of Political Economy at the University of Toronto. He is cross-appointed to the faculty of the Munk School of Global Affairs.   His publications include […]

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