Federal COVID-19 aid needs speed, and space to grow
The sooner affected workers can make the financial decision to stay home from work, the more effective public health measures will be in slowing the spread of COVID-19.
Economics for the Working-Class
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Fair taxes and global capitalism
Falling effective rates of tax on corporate profits have greatly undercut government revenues, with no overall economic gain.
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When income tax cuts leave you worse off
The real fiscal choice in the election is between tax cuts which deliver small benefits to many, or ambitious investments in public services which deliver a much bigger and fairer bang for the fiscal buck.
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A data look at Millennials and growing inequality
Without policy interventions that are based on data and a solid understanding of the issues that need to be addressed, inequality will continue to grow as millennials age — impacting future generations and their economic outcomes.
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Capitalism’s continued crisis
The global economy has to be seen, not so much as a set of discrete national economies trading with each other, but as a vast “macro financial” web of corporate balance sheets and financial flows.
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Canada needs to learn from U.S. Federal Reserve’s mistakes
The next financial crisis is coming, sooner more likely than later. And Canada has no reason to be complacent, given its own vulnerabilities.
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Talk of “the end of jobs” hides real labour market issues
The problem with the “end of jobs” narrative is that it disarms us by suggesting that massive technological forces out of our control are most to blame for our problems. That is not the case.
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Challenging the economic dogma of a “natural” unemployment rate
While most economists accept that there is some trade-off between unemployment and inflation, no one really knows how low unemployment can fall before wages begin to rise at a faster pace.
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Ordinary Canadians should support closing private corporation tax loophole
The top 1% of individual taxpayers receive almost all of the benefit of the stock options deduction and 87.4% of the benefit of the capital gains deduction.
