fiscal policy

Blog
Oct 1, 2011

Stephen Harper and Economics 101

Andrew Jackson
Prime Minister Stephen Harper, who prides himself on being an economist, has characterized his government's fiscal policy as "expansionary."
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 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 20, 2011

Outlook darkens as budget debate begins

Andrew Jackson
Both the Governor of the Bank of Canada and the Finance Minister conceded to the House of Commons Finance Committee that the economic outlook is indeed significantly less rosy than they had thought.
Blog
Aug 19, 2011

Mythologies: Money and hyperinflation

Arun DuBois
How to reconcile what we know happened in 1920s Germany (money printing, hyperinflation), with MMT views? After all, MMT theorists tend to downplay worries about "money printing."
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.
Blog
Aug 11, 2011

Thoughts on 'Why not print money?'

Marc Lee
Once we start talking about "printing money," the danger is that misunderstandings about what money is get amplified. It is the belief that a colourful piece of paper has a certain value that matters.

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