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The massive change dealt by Canadian voters to the seating arrangement in the House of Commons last Monday has seen the 3rd party Liberals leap to a majority government, sending the incumbent Conservatives across the aisle to the Official Opposition bench and the once-hopeful NDP back to the 3rd party seats.  In addition to the disappointment of being reduced from […]

Greece and the death of economics, and democracy, and civility, and so much more Louis-Philippe Rochon Associate Professor of Economics, Laurentian University Co-editor, Review of Keynesian Economics Irrespective of whether it was total capitulation, there are already a multitude of analyses trying to decipher what (and how) exactly happened in Greece and whether it could have been avoided. Countless opinions […]

Revisiting my top ten predictions Louis-Philippe Rochon Associate Professor, Laurentian University Co-Editor, Review of Keynesian Economics   In early January 2015, I published on CBC my ‘Top Ten Predictions’ for the year (see here). Here we are half-way through 2015 and I thought I would revisit these predictions to see how I fared. Well, not bad actually. My predictions were:

The Canadian labour market added 29,000 jobs in March, beating expectations. Underneath the headline, though, the numbers aren’t as rosy. A jump of 57,000 part-time jobs masked the loss of 28,000 full-time jobs between February and March. Given the jumpy nature of monthly LFS data, I’ve decided to base most of my analysis on quarterly numbers. And since most of […]

The job market is changing rapidly. While most workers of our parents’ generation could have reasonably expected to spend their entire working careers in permanent full-time jobs with one or two employers, today many rely on contract work or freelancing, and even regular full-time employees change jobs frequently. There are pros and cons to this shift, but one very significant problem […]

A guest blog post from Louis-Philippe Rochon: GETTING YOUR ARTICLES PUBLISHED: JOURNAL EDITORS OFFER SOME ADVICE This short note is aimed at graduate students and faculty members alike who are looking to get their papers published in academic journals, a crucial exercise for the job market, but also in getting tenure and promotion. Our advice is based on our collective experience […]

Kari Polanyi Levitt, one of own, has been given the Order of Canada. Congratulations to Kari. Richly deserved.

More than one critic has noted that Russia doesn’t manufacture anything the world wants (a knock that now can be laid against Canada, especially since the dramatic fall of Blackberry and the bankruptcy of Nortel). Think about it: what product (or brand name) does Russia produce which people covet? Cars, smartphones, wine, airplanes, beer, other technological or Internet innovations – […]

The much respected progressive economist, and my long time friend and intellectual soulmade, Kari Polanyi Levitt, having just turned 90, has published a book of no less than 16 scholarly articles, all written in the past 25 years and mostly much more recently. Its title, From the Great Transformation to the Great Financialization: On Karl Polanyi and Other Essays (published […]

I attended a lovely memorial service this week for Hugh Lukin Robinson, long-time labour economist and progressive activist in Ontario who passed away a few months ago at the ripe old age of 96.  The memorial service was organized by his family (including his son Michael) at the Park-Hyatt Hotel, and was attended by friends and colleagues from Lukin’s very […]

Since I was a graduate student in the last millennium, I’ve been fascinated by the role of the cotton textile industry in recent economic history, beginning with that momentous event still being heard around the world, the First Industrial Revolution. It just caught fire in Bengladesh. There are books about cotton as a staple – a relatively recent and a […]

The Globe and Mail (Feb 28) reports that “in the past few years…Canada’s resource plays have attracted international attention, and Canada has punched above its weight in generating fees for bankers and lawyers. Deals last year such as the takeovers of Nexen Inc. and Progess Energy made Canada the second-biggest source of deal fees in the world.”

Late in the last calender year, the U.S. FCC (Federal Communications Commission) sent a letter to the FAA (U.S. Federal Aviation Administration) advising it to “enable greater use of tablets, e-readers, and other portable devices” during flights. “They empower people to stay informed and connected with friends and family, and they enable both large and small businesses to be more […]

A special event was held at the Vancouver & District Labour Council last week to commemorate the history and contributions of the Trade Union Research Bureau.

The Ontario Nurses Association has been publishing some awesome economic analysis over the last couple of years, highlighting the talents of their new economist & PEF member Salimah Valiani.  Apart from a strong analytical & quantitative approach, ONA’s recent research has been very refreshing in the emphasis it has placed on gender analysis and the unique features of caring labour. […]

I had a good old-fashioned knock-em-down drag-em-out debate with Ian Lee from Carleton University on CBC’s Power & Politics yesterday re C377. http://www.cbc.ca/player/News/Politics/ID/2318279928/ There were a number of “zingers” from Prof. Lee that are worth considering: • He said “hundreds of thousands” of Ontarians have their salaries listed on the government’s sunshine list (reporting salaries of those who earn over […]

Errol Black was a wonderful progressive economist and activist in Manitoba who contributed enormously over the years to our collective knowledge on labour economics, economic development, unions, and more, and was core in founding the Manitoba branch of the CCPA.  He passed away on the weekend; here is a very fitting obituary written by his friend and colleague Jim Silver. […]

“Making a speech on economics is a lot like pissing down your leg. It may seem hot to you,but it never does to anyone else.” Cited in Robert A. Caro, Master of the Senate: The Years of Lyndon Johnson (2012)

As we know, Dutch disease is about damage to industry from resource exports. As we witness the widespread drought this summer in North America and the damage to crops, Dutch disease needs to be redefined to also include the damage to agriculture. The Canadian West eats its own as it produces oil.