A guest blog post from Mario Seccareccia and Louis-Philippe Rochon.
After learning that the Canada Revenue Agency is auditing the Canadian Centre for Policy Alternatives on the grounds that it allegedly engages in politically partisan, biased and one-sided research activity, a number of university professors have drawn up an open letter asking the Minister of . . . → Read More: The Progressive Economics Forum: A Petition of Academics Against the CCPA Audit
This and that for your Thursday reading.
– Linda McQuaig criticizes the Cons’ use of the tax system to try to silence charities who don’t match their political message: PEN now joins Amnesty International, the David Suzuki Foundation, Canada Without Poverty, the United Church and other groups that, having criticized an array of Harper policies, . . . → Read More: Accidental Deliberations: Thursday Morning Links
This and that for your Tuesday reading.
– Paul Boothe responds to the C.D. Howe Institute’s unwarranted bias against public-sector investment: Is the public sector holding back provincial growth rates by crowding out private sector investment? That’s the contention of a recent C.D. Howe paper by Philip Cross. The paper provides a great case study . . . → Read More: Accidental Deliberations: Tuesday Afternoon Links
Assorted content to end your week.
– Paul Krugman offers a response to the assertion that accumulated wealth should be considered as costless capital: (I)f there’s one thing I thought economists were trained to do, it was to be clear about opportunity cost. We should compare accumulation of dynastic wealth with some alternative use of . . . → Read More: Accidental Deliberations: Friday Morning Links
Whatever it says on the menu, fast food restaurant owners, other employers of temporary foreign workers and their pals in the Harper Government are serving baloney. Below: Dominique M. Gross of Simon Fraser University; Charles Decatur “C.D.” Howe.
Advocates of the Harper Government’s so-called Temporary Foreign Workers Program are using an occasionally legitimate . . . → Read More: Alberta Diary: Where’s the beef? Ottawa and the fast-food lobby are serving nothing but baloney about the need for Temporary Foreign Workers
The basic storyline of today’s C. D. Howe Institute “E-Brief”, “Canada Lagging Peers in 2013 Business Investment Growth,” is that corporate tax cuts helped boost investment per worker in Canada above the OECD average. Yet corporate Canada is slipping in 2013 and apparently needs more tax cuts.
However, the C. D. Howe Institute’s own graph . . . → Read More: The Progressive Economics Forum: Do C. D. Howe’s Numbers Support its Policies?
Assorted content for your weekend reading.
– Marc Lee takes a high-level look at the absurdity of our destructive economic choices: Exhibit one: the North Pole at the moment is a one-foot-deep aquamarine lake. After reaching record low ice cover and thickness at the end of summer 2012, an ice-free arctic in the summer is . . . → Read More: Accidental Deliberations: Saturday Morning Links
Statistics Canada reported today that inflation collapsed to just 0.4% in April. The Bank of Canada’s core inflation rate, which excludes volatile items, fell to 1.1%.
Continued low inflation does not provide a rationale to raise interest rates. Perhaps for that reason, Canadian monetary hawks have shifted their rationale for higher interest rates.
In 2011, . . . → Read More: The Progressive Economics Forum: Inflation Collapse Confounds Monetary Hawks
Last week, the C. D. Howe Institute was out with an op-ed contending that Canadian household debt is not worth worrying too much about: “There does not seem to be a strong case for restrictive regulation of consumer credit products, such as tight caps on interest rates.”
The C. D. Howe Institute arguing for looser . . . → Read More: The Progressive Economics Forum: BMO Professor vs. Bank Regulation