Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

The Progressive Economics Forum: Louis-Philippe Rochon’s Top 10 Economic Predictions for 2015

Louis-Philippe Rochon has written a provocative blog post for the CBC titled “Top 10 Economic Predictions for 2015.”

The post is available here.

The Progressive Economics Forum: (Macro) Econ 101

On December 2, Chris Ragan wrote a column for the Globe and Mail titled “Another (Macro) Defense of Econ 101.” The link to his column is available here . My brief reply was published in the Globe and Mail on December 13. The full version is below:

Professor Ragan defends conventional (macro) Econ 101 as . . . → Read More: The Progressive Economics Forum: (Macro) Econ 101

The Progressive Economics Forum: CGE models and carbon tax incidence

A colleague of mine pointed out a relatively new paper about the distributional impacts of BC’s carbon tax. In my work, we look at actual energy expenditures by different household groups, and because lower income groups spend a greater share of their income on (carbon-intensive) energy, any carbon tax is regressive. But that regressivity ultimately . . . → Read More: The Progressive Economics Forum: CGE models and carbon tax incidence

The Progressive Economics Forum: Economics 101

On October 21, Chris Ragan wrote a column for the Globe and Mail titled “In defence of Economics 101.” The link to his column is available here.

On October 24, Marc Lavoie, Louis-Philippe Rochon and Mario Seccareccia replied to him. The link to their response is available here.

The Progressive Economics Forum: The Novel Observations of Jean Tirole?

French economist Jean Tirole has won the 2014 Nobel Prize in Economics for his work on industrial organization and regulation, in particular his insights into oligopolies. “Who is Jean Tirole?, many non-economists and some economists are asking today. The MIT-educated, Toulouse-based professor is a key figure in the New Industrial Organization (IO) movement. The movement, . . . → Read More: The Progressive Economics Forum: The Novel Observations of Jean Tirole?

The Progressive Economics Forum: Short Circuited: Assessing Hudak’s Energy Policy

The following is a guest post by Brendan Haley:

Jim Stanford and I have written an assessment of the Ontario PC’s energy policy for Canadian Centre for Policy Alternatives entitled Short Circuited. In particular, we look into the idea that cancelling renewable energy policies will lead to job creation. Here are some highlights:

More Data . . . → Read More: The Progressive Economics Forum: Short Circuited: Assessing Hudak’s Energy Policy

The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 4: Bernard Vallageas

What follows are comments from a roundtable discussion held at the University of Ottawa on February 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon, Mario Seccareccia, Slim Thabet and Bernard Vallageas.

This is Part 4 of 5 sequential blog entries.

Bernard Vallageas Vice-président de l’Association pour le Développement . . . → Read More: The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 4: Bernard Vallageas

The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 3: Mario Seccareccia

What follows are comments from a roundtable discussion held at the University of Ottawa on January 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon, Mario Seccareccia, Slim Thabet and Bernard Vallageas.

This is Part 3 of 3 consecutive blog entries.

Mario Seccareccia Professor of Economics, University . . . → Read More: The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 3: Mario Seccareccia

The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 2: Louis-Philippe Rochon

What follows are comments from a roundtable discussion held at the University of Ottawa on January 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon, Mario Seccareccia, Slim Thabet and Bernard Vallageas.

This is Part 2 of 3 consecutive blog entries.

Louis-Philippe Rochon Associate Professor of . . . → Read More: The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 2: Louis-Philippe Rochon

The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 1: Marc Lavoie

What follows are comments from a roundtable discussion held at the University of Ottawa on January 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon, Mario Seccareccia, Slim Thabet and Bernard Vallageas.

Parts 2 and 3 will follow in subsequent blog posts.

Marc Lavoie Professor of Economics, University of . . . → Read More: The Progressive Economics Forum: What Have we Learned From the Financial Crisis? Part 1: Marc Lavoie

The Progressive Economics Forum: Canada’s Trade Deficit with the EU Doubles

On last night’s Lang & O’Leary Exchange, I debunked the claim that the trade deal between Canada and the European Union (EU) will create 80,000 Canadian jobs. The conservative panelists did not even try to defend this figure (see this CBC video, starting at 15:45).

As Jim Stanford has previously explained on this blog, the . . . → Read More: The Progressive Economics Forum: Canada’s Trade Deficit with the EU Doubles

The Progressive Economics Forum: Grounding the Toronto Island Airport’s $1.9-Billion Claim

As part of its push to expand to accommodate jet flights, the Billy Bishop Toronto City Airport has been advertising that it contributes $1.9 billion to Toronto’s economy. This claim is based on a study that the airport commissioned from InterVISTAS, an airline industry consultancy.

The study estimates the airport’s economic impact as of March . . . → Read More: The Progressive Economics Forum: Grounding the Toronto Island Airport’s $1.9-Billion Claim

The Progressive Economics Forum: $12 bil CETA GDP Claim from SimCity, not Real World

This week’s edition of Embassy newspaper contained a very interesting briefing insert on the Canada-EU CETA talks. Below is a commentary from me critiquing the ubiquitous but unbelievable claim that free-trade with Europe would boost Canada’s GDP by $12 billion, create 80,000 jobs, and life incomes by $1000 per family.

********

$12 billion. That number . . . → Read More: The Progressive Economics Forum: $12 bil CETA GDP Claim from SimCity, not Real World

The Progressive Economics Forum: Just How Stupid is Niall Ferguson? Very Stupid.

“But the real point of me isn’t that I’m good looking. It’s that I’m clever. I’ve got a brain! I would rather be called a highly intelligent historian than a gorgeous pouting one” – Harvard historian Niall Ferguson, Sept. 2011.

One of the predictable habits of the mainstream media is to seek out opinions on . . . → Read More: The Progressive Economics Forum: Just How Stupid is Niall Ferguson? Very Stupid.

The Progressive Economics Forum: Dutch Disease on the Rideau

The following is another guest post by Robyn Allan:

A report recently released by the Macdonald-Laurier Institute claims Canada does not suffer from the Dutch disease. Unfortunately, the studies the authors draw on for this conclusion are riddled by it.

The Dutch disease is a situation where rapid export of a nation’s raw resources along . . . → Read More: The Progressive Economics Forum: Dutch Disease on the Rideau

The Progressive Economics Forum: Quebec Tuition: Between a Rock and Hard Place?

In the context of student protests over Quebec tuition fees, my friend Luan Ngo has just written a very informative blog post on Quebec’s fiscal situation.

While I encourage readers to read his full post, I do want to use the present space to make mention of three important points he makes:

-On a per . . . → Read More: The Progressive Economics Forum: Quebec Tuition: Between a Rock and Hard Place?

The Progressive Economics Forum: PBO Strikes Again

I wanted to tip my hat to the hard working folks at the PBO for a particularly revealing Economic and Fiscal Outlook that was published today. While the PBO has more than once eaten my lunch on various issue they’ve done a superb job of looking at Canada’s economic and fiscal position.

I’d point readers . . . → Read More: The Progressive Economics Forum: PBO Strikes Again

The Progressive Economics Forum: McGuinty Budget Would Cut Over 100,000 Jobs

Last week, the Ontario Public Service Employees Union released an interesting report by the Centre for Spatial Economics on the economic impact of proposed provincial budget cuts. It provides a timely reminder that the public sector is a crucial component of the economy, with public spending also supporting many private-sector jobs.

The Centre for Spatial . . . → Read More: The Progressive Economics Forum: McGuinty Budget Would Cut Over 100,000 Jobs

The Progressive Economics Forum: The Economics of Deception

The following is a guest post by Robyn Allan, the former president of the Insurance Corporation of British Columbia who appeared with me on TVO’s recent panel about Dutch disease. It summarizes her recent paper: An Analysis of Canadian Oil Expansion Economics.

There is a chorus singing the praises of the oil industry and its . . . → Read More: The Progressive Economics Forum: The Economics of Deception