Growing Grocery Profits, Shrinking Pay Cheques
A new report from the Broadbent Institute examines how the financialization of the grocery retail industry has raised prices while shrinking pay cheques.
Economics for the Working-Class
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Progress vs. 2023: A Guide to the Fight Ahead – 2023 Ellen Meiksins Wood Lecture
The 2023 Ellen Meiksins Wood Lecture was delivered by economist Armine Yalnizyan—a leading voice on Canada’s economic scene.
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The end of right-wing economic credibility? Lessons of the 2022 UK economic crisis
Within the context of capitalist orthodoxy, there are no good options; only bad choices which will lead to a recession, rising unemployment and deepening poverty and inequality.
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The price of labour and the price of everything else
Without redistributive policies, monetary policy alone can be detrimental to employment and wages. In addition to tackling profits through windfall and wealth taxes to fight price inflation everywhere else, we need to increase the price of labour. Governments must raise minimum wages to keep up with inflation, invest in decommodified housing, empower unions to defend…
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The fake choice between saving the planet and raising the living standards of working families
The right-wing are claiming that environmental measures to deal with the climate crisis are a major cause of inflation. But we do not face an unpalatable choice between saving the planet and lower living standards. Progressives must come up with a serious alternative.
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Dealing with an 18-year high inflation
High inflation may prove to be temporary, but unless and until it subsides, governments need to act to protect those who are struggling.
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Social justice and the economics of the minimum wage
Our goal should be decent wages for all workers. The way to get there is to push for higher productivity in low-wage sectors by raising wages while maintaining full employment.
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The debate on taxing the rich is here to stay
One thing is for sure, the Tax the Rich debate is here to stay and our ability to invest in our future depends on its outcome.
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Is inflation a threat?
We can hardly tackle obscene and rising levels of economic inequality if we are not prepared to see a sustained rise in wages at the expense of the capital share of national income, and a sustained period of wages growing at least in line with growing productivity.
