Miscellaneous material for your mid-week reading. – Andrew Dessler writes about the non-linear nature of the environmental effects of carbon pollution – with the result that we’re seeing cascading effects with each additional increase in temperature. And Sarah Kaplan discusses how we should be recognizing extreme weather events as alarm
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Accidental Deliberations: Wednesday Afternoon Links
Miscellaneous material for your mid-week reading. – Heidi Ledford discusses new research which is helping to identify genetic risk factors for long COVID – though the fact that new COVID-19 variants are being allowed to run wild while that work is in its infancy means that people will be exposed
Continue readingAccidental Deliberations: Wednesday Morning Links
Miscellaneous material for your mid-week reading. – Fiona Harvey reports on Greta Thunberg’s warning that a failure to stop burning fossil fuels amounts to a death sentence for people living in poverty – which would be a much more powerful message if the denial of environmental disaster and devaluation of
Continue readingAccidental Deliberations: Sunday Afternoon Links
This and that for your Sunday reading. – Eric Reinhart discusses the importance of approaching public health from a collective perspective, rather than presuming health is simply a matter of individual-level choices. And Michael Hiltzik highlights the usual combination of dishonesty and ignorance behind yet another set of talking points
Continue readingAccidental Deliberations: Thursday Afternoon Links
This and that for your Thursday reading. – Angella MacEwen discusses how the Bank of Canada is fighting a class war on the side of the rich by pushing to reduce employment and wages while corporations continue to profiteer off the backs of the public. And Armine Yalnizyan interviews Tiff
Continue readingThe Sir Robert Bond Papers: Bank of Canada ends provincial short-term debt backstop #nlpoli
The Bank of Canada will stop picking up provincial government debt effective 16 November, 2020, the Bank announced Monday. The move reflects “the continued improvement in the functioning of short-term funding markets and financial markets more generally,” according to the announcement. The last operation for the Provincial Money Market Purchase program will
Continue readingAccidental Deliberations: Thursday Morning Links
This and that for your Thursday reading. – Patrick Brethour discusses houw the effects of the coronavirus pandemic have been anything but fairly or equally distributed. And Katherine Scott highlights how the effect has been to undo decades of already-slow progress in improving the conditions of single mothers. – Don
Continue readingThe Progressive Economics Forum: The Fiscal Deficit, Modern Monetary Theory and Progressive Economic Policy
Modern Monetary Theory or MMT has crept in from the academic margins to become an influential doctrine in progressive policy circles in the United States. Both Elizabeth Warren and Bernie Sanders drew on the ideas of MMT to shape their ambitious public spending platforms. MMT has been cited as one
Continue readingAccidental Deliberations: Monday Morning Links
Miscellaneous material to start your week. – Scott Aquanno writes about the role the Bank of Canada has played so far in responding to COVID-19, while also recognizing that a new public bank could and should do far more to ensure we invest in a sustainable economy rather than plunging
Continue readingCowichan Conversations: The Smart Guys Got Us To This!
OK, now let’s see. Trudeau bought the Kinder Morgan pipeline and Horgan has immersed us in unneeded and unwanted fracking operations and LNG fantasies that will all blow up in our faces. NATIONALOBSERVER.COM Bank Read more…
Continue readingThe Disaffected Lib: Bank of Canada Warns: Beware of Carbon Dumpster Fires
Bad tidings for the Petro-Pols of Parliament Hill. The Bank of Canada warns of looming carbon-asset “fire sales” that could destabilize our economy. The shift to a low-carbon economy is “underway” and sectors like oil and gas, as well as the banks that loan money to them, are exposed to
Continue readingAlberta Politics: Tim Hortons brew-haha shows how the fast-food industry doesn’t get PR, Economics 101, or what Canadians think
PHOTOS: Ontario Premier Kathleen Wynne in a very old picture that has the dual advantages of showing her wearing a smile appropriate to the occasion being discussed and of having been taken by your blogger. Below: Canadian Centre for Policy Alternatives analyst Michal Rozworski (Photo: Twitter), the late but actual
Continue readingMichal Rozworski: Media get it wrong on Bank of Canada minimum wage study
Over a million workers in Ontario just got a big raise thanks to tireless, bottom-up orgainizing, but if you look to the media it’s a bad news story. The same, tired headlines are back. Yesterday, the CBC ran a story titled, “Minimum wage hikes could cost Canada’s economy 60,000 jobs by
Continue readingThe Progressive Economics Forum: The Alternative Federal Budget 2017
This year’s Alternative Federal Budget (AFB) was released on March 9. I was proud to be the primary author of its housing chapter (that chapter is available in English here and in French here). The first AFB exercise began in 1994, with the first AFB being published in 1995. That
Continue readingThe Progressive Economics Forum: Challenging Inflation Targeting
Every 5 years the federal Finance Minister updates the “marching orders” that guide the Bank of Canada and its conduct of monetary policy. This process is the one opportunity for democratic oversight of the Bank, which otherwise is deemed to be operating “independently” of government — all the better to ensure that it has the […]
Continue readingAlberta Politics: NDP environmental policies: Who’re ya gonna believe? Mark Carney or Rick Strankman?
PHOTOS: Bank of England Governor and Alberta Premier Rachel Notley at yesterday’s brief news conference in the provincial Legislature Building. (CBC Photo) Below: Rick Strankman and Michael Bloomberg. Who’re ya gonna believe, huh? Mark Carney, form…
Continue readingThe Progressive Economics Forum: Boosting the economy for the rest of us
Elites and the talking heads in the media are arguing about how to respond to Canada’s soured economic outlook. Who should try to boost the economy, the federal government via fiscal stimulus or the Bank of Canada via monetary policy? But while elites argue amongst themselves, the overriding context is a transfer and concentration of […]
Continue readingMichal Rozworski: Elites debate boosting the economy, but for whom?
Elites and the talking heads in the media are arguing about how to respond to Canada’s soured economic outlook. Who should try to boost the economy, the federal government via fiscal stimulus or the Bank of Canada via monetary policy? But while elites argue amongst themselves, the overriding context is a transfer and concentration of […]
Continue readingCowichan Conversations: COMER Lawsuit Claims That Canadians Have Been Swindled Out Of Trillions Since 1974
Constitutional lawyer Rocco Galati’s lawsuit on behalf of Committee on Monetary and Economic Reform (COMER) has cleared another hurdle of opposition and headed to the Supreme Court. Many of you will recall The late Bill Read more…
Continue readingThe Progressive Economics Forum: When Bad News is Good News: Harper’s Call to Poloz
Was there any concrete economic reason for Stephen Harper to call Stephen Poloz yesterday, as global stock markets continued their gyrations? And then to have his office subsequently issue a cryptic and rather foreboding statement about the conversation? Of course, Prime Ministers and central bank governors talk to each other every
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