The Price of a Promise
Since money always enables a claim on real resources, it provides power in the real world. How it does so, however, is a complicated story mediated by legal and political institutions.
Finance
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Addressing the Rise of Investor Ownership of Housing, Part 1: Assessing the Scale and Impacts across Canada
Ownership of housing is becoming increasingly concentrated in the hands of wealthy Canadians, fostering a worsening status quo for everyone else.
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Private infrastructure bank not in the public interest
History is replete with examples of botched public-private projects which left governments on the hook for high costs and for losses, and public agencies do have the capacity to make good decisions.
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Rising right-wing populism and the failure of global economic governance
Despite ultra loose monetary policy, business investment is very low due to inadequate overall demand.
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Cost of home today is double the amount in weeks of labour time compared to 1970s
Are residential properties becoming less affordable over time, and as a result less accessible or plausible for those with lower- or median-incomes?
