The long version is here. Apparently Mr.. Waldmann was tricked into reading Matt Yglesias on monetary policy. Waldmann’s observation goes something like this in short from: Hey Matt you have been consistently wrong in your predictions on the power of … Continue reading
Category Archives: Class War
Looking for Dr. Goodpain? Check the Reflection in the Mirror Dr. Krugman
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Far be it from me to cast a pox on what has been one of the only few bright lights in the last few years but premises matter. In Krugman’s recent Looking for Mr. Goodpain he presents a reasonable derision … Continue reading
Putting lipstick on the PIIGS: the health of modern macroeconomics
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Ok, so some of the best economists, trained at elite institutions, working for the pinnacle of the of the financial world got it wrong, very wrong. How wrong? Just go ask a Greek citizen. But, of course, we all knew … Continue reading
The Deadly Myths of Globalisation
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What follows is the introduction to a talk I gave at the 3rd Innis Christie Lecture & Symposium in Labour and Employment Law. My sister was educated at the Dalhousie School of Law and I was Lucky enough when visiting … Continue reading
Bullshit in absolutes: or how ‘liberal’* economists argue with themselves
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We can perhaps amend an old Ethiopian saying to read “absolutes are for infants and kings”. It is catechism worth remembering when arguing with liberal economists. For theirs is not a just sport. In fact, one should never mix … Continue reading
Unravelling Conservative Labour Market Policy: The Maximum Wage Law.
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The OECD and the CATO institute have both consistently ranked Canadian labour markets as some of the most flexible in the advanced capitalist world. Indeed, Canada ranks only second to the US on most stingy when it comes to labour … Continue reading
CHAPTER 8: The Miserable Metrics of Neoliberalism
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Conclusion to Chapter 8 Consistent with the main line of argument in this thesis then, is the proposition that labour market flexibilisation is the other side of the neoliberal policy coin; namely, price stability and conservative fiscal policy all locked … Continue reading
Philosophy, Music and Art in the Service of the Quebec Student Protests
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Dutch Diseased Labour Markets
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If one reads the G&M and NatPo business sections one is treated to a steady stream of largely rosy and pompous pronouncements on the structural shift in the Canadian economy towards resource extraction on the one hand, and on the … Continue reading
The Return of the Very Cruel Economic System
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Chapter 7: From Experimental to Hegemonic Neoliberalism In the previous chapter I examined the theoretical turns which I argued amounted to the exhaustion of postwar reformism and the rise of the intellectual hegemony of neoliberalism. This chapter is principally concerned … Continue reading