Accidental Deliberations: Monday Morning Links

Miscellaneous material to start your week. – Tom Parkin points out that neither austerity nor isolationism offers any real solution to improve Canada’s fiscal and economic standing. And Rob Carrick highlights what should be the most worrisome form of debt – being the increased consumer debt taken on to allow people to keep spending in ...

Accidental Deliberations: Thursday Morning Links

This and that for your Thursday reading. – Jordan Brennan points out why Nova Scotia (and other jurisdictions) should move past austerity economics: The McNeil Liberals appear set to rack up budgetary surpluses through a strategy of public sector wage suppression. This is likely to backfire. It is an elementary insight of economic analysis that, ...

Accidental Deliberations: Thursday Morning Links

This and that for your Thursday reading. – Valerie Strauss discusses the disastrous effects of corporatized education in the U.S. And Alex Hemingway examines how B.C.’s government (like Saskatchewan’s) is going out of its way to make it impossible for a public education system to do its job of offering a bright future to all ...

Accidental Deliberations: Saturday Morning Links

Assorted content for your weekend reading. – Joseph Stiglitz discusses how entrenched inequality and unearned income hurt the economy for everybody: We used to think of there being a trade-off: we could achieve more equality, but only at the expense of overall economic performance. It is now clear that, given the extremes of inequality being ...

Accidental Deliberations: Friday Morning Links

Assorted content to end your week. – Henning Meyer interviews Tony Atkinson about the readily-available options to combat inequality – with the first step being to make sure people actually have a voice in the decisions which define how wealth and power are allocated: So, if you dive into the potential solutions you seem to ...

Accidental Deliberations: Tuesday Morning Links

This and that for your Tuesday reading. – Owen Jones discusses the importance of the labour movement in ensuring that workers can get ahead in life, rather than drowning in debt: Nights spent staring at the ceiling as worries dance manically around the brain. Taking a deep breath before opening the gas bill. Sacrificing a ...

Dead Wild Roses: Uber in the US – Predatory (the usual) Capitalism

   Well here we go, another lesson on how exploiting the poor is the goto plan for making the big bucks in our society, only lets give it a snappy title – the new sharing economy.  Let’s look at how the new sharing economy looks a bunch like the old economy. “A livery driver for ...

Accidental Deliberations: Sunday Afternoon Links

Miscellaneous material for your Sunday reading. – David Korten writes that despite the trend of the past few decades, there’s nothing inevitable about international agreements inevitably favouring capital over citizens rather than the other way around. – Miles Corak examines Nicole Fortin’s research showing that concentrated income at the top of the spectrum is undermining ...

The Progressive Economics Forum: Ten things to know about the 2016-17 Alberta budget

Over at the web site of the Calgary Homeless Foundation, I have a blog post titled: “Ten things to know about the 2016-17 Alberta budget.” The link to the post is here.

Accidental Deliberations: Tuesday Morning Links

This and that for your Tuesday reading. – Harry Leslie Smith writes about how an increasingly polarized city such as London excludes a large number of its citizens from meaningful social participation: (A)usterity has diminished the opportunity of the young and shortened the lives of the old. Even libraries – the life blood of any ...

In-Sights: Appearance of profit, when there is none

BC Hydro has been announcing profits each year and that enables it to pay a dividend to the province, although it has to borrow the money to make the transfer. I argue here that the profits are questionable. In 2006, the company had $423 million in net deferred costs and intangible assets; the balance at ...

In-Sights: Erik Andersen on BC Hydro debt

This devastating information from Erik Andersen, an economist and widely recognized expert on government and Crown Corporation financing: You will note the unbelievable increase in BC Hydro’s debt since Christy Clark took over, due largely to payoffs to Independent Power Corporations who repay Christy’s kindness with immense political contributions. A case can be made that ...

Accidental Deliberations: Monday Morning Links

Miscellaneous material to start your week. – Miles Corak argues for a “second-chance” society to make up for the damaging effects of inequality – though I’d argue that while he has the principle exactly right, it’s worth defining it as “no person left behind” to avoid any suggestion that people have a limited number of ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – Karl Nerenberg weighs in on the Libs’ choice to direct billions of dollars toward higher-income individuals, rather than working to help Canadians who need it: The Liberals are now in power, and have just brought in a tax change that will give the most generous benefit to an ...

Writings of J. Todd Ring: Going Off-Grid

Off-grid, self-reliant living is a rapidly growing phenomenon and popular movement – so popular that there is now a cable TV show devoted to it, called something like, Off-Grid House Hunters, on HGTV. It only makes sense. Cut your expenses and improve your quality of life, while lowering stress and saving the planet? Of course! ...

Alberta Politics: Give a thought to Alberta’s approaching budget day: there’s little to gain and plenty to lose from ‘debt free’ government

PHOTOS: Former premier Ralph Klein, now elevated to sainthood by the neoliberal cargo cult, celebrating the retirement of Alberta’s debt in 2004, never mind the mess the infrastructure was in. Below: Alberta Finance Minister Joe Ceci, Canadian economist Jim Stanford and Wildrose Finance Critic Derek Fildebrandt, with, bottom, his old debt-trailer. Anyone remember Ralph Klein’s ...

In-Sights: Farrell with Jessop, CFAX1070 August 13, 2015

The audio file below is a recording of my time with Ian Jessop August 13. We talk about bcIMC, provincial debt and other matters. Your browser does not support this audio

Accidental Deliberations: Saturday Morning Links

Asorted content for your weekend reading. – Ezra Klein talks to Bernie Sanders about how to build a more fair economy in the U.S. and around the globe. And Lynn Parramore interviews Tony Atkinson about the options available to rein in economic inequality – and why we should be working on putting them in place: ...

Parchment in the Fire: IMF Demands Debt Relief for Greece

In a rather surprising turn of events today, the IMF has released a statement demanding debt relief for Greece. This vindicates Varoufakis’ position that Greek debt was unsustainable, positions the IMF against Germany and its allies, and finally brings the IMF into line with its own research – research that has been leaking out over ...

Parchment in the Fire: A Soft Coup in Greece

Filed under: Eurozone crisis Tagged: Austerity, debt, Eurozone Crisis, Greece, Syriza

Parchment in the Fire: How Europe Played Greece

How Europe Played Greece. Filed under: Greece Tagged: Austerity, debt, Eurozone Crisis, Greece

Parchment in the Fire: Illegal, Illegitimate, Odious and Unsustainable Debt – Transform Network

Illegal, Illegitimate, Odious and Unsustainable Debt – Transform Network. Given the resounding victory for the ‘No’ campaign in the Greek referendum, it is of interest to take a look at the Syriza led debt audit published a few weeks ago. Filed under: Debt, Greece Tagged: debt, Eurozone Crisis, Greece, Syriza

In-Sights: Horgan speaks to the Premier

Hansard, May 28, 2015 The notion of a Debt-free British Columbia — hard to imagine when you’ve seen $135-billion increase in debt and contractual obligations under the B.C. Liberal watch. But somehow, in the fantasy world of the B.C. Liberals, you can make the assertion that we will be debt-free; you just don’t have to ...

In-Sights: Farrell and Jessop on CFAX1070

The audio file below is a recording of my time with Ian Jessop May 26. We talk about credit rating agencies, provincial debt, contractual obligations, resource taxation and transit funding but we don’t deliver BC Liberal talking points like many others in media. Your browser does not support this audio Honest BC Liberals would pointed ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – Toby Sanger takes a look at Canada’s balance sheets and finds that both households and governments are piling up debt while the corporate sector hoards cash: (A)ll the recent handwringing over rising household and debt levels ignores one critical point: any one person’s financial liability is someone else’s ...