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Summer reading! Review of Stanford’s second edition of Economics for Everyone

Looking for something to take with you to the cottage, the beach or the cafe?  Check out  Jim Stanford’s 2nd edition of Economics for Everyone.  Here’s a review by Peter G. Prontzos first published in...

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Another review of Economics for Everyone, 2nd ed.

Here’s another review of Jim Stanford’s Economics for Everyone, 2nd edition, this one by guest contributor and MMT aficionado Larry Kazdan. Review of Jim Stanford’s /Economics for Everyone by Larry...

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Alternatives to Corporate Globalization: Cooperatives

In this guest post Tom Webb gives a summary of the pitch in his new book, that co-operatives are the answer to the problems of the global capitalist agenda. At the Sobey School of Business at Saint...

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Alberta Alternative Budget 2017

Media Release Foundations for an Alberta Alternative Budget released today (March 14, 2017-Edmonton) Today, a coalition of researchers, economists, and members of civil society released a plan to boost...

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Fiscal situation of Canada’s ‘oil rich’ provinces

I’ve just written a blog post about the fiscal situation of Canada’s ‘oil rich’ provinces (i.e., Alberta, Saskatchewan and Newfoundland and Labrador). It consists of a summary of key points raised at a...

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Rethinking the economics of extreme events

Review of Worst-Case Economics: Extreme Events in Climate and Finance by Frank Ackerman *** Long ago economics was termed “the dismal science,” but in recent years that title has arguably been passed...

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An Analysis of Financial Flows in the Canadian Economy

An essential but perhaps overlooked way of looking at the economy is a sector financial balance approach. Pioneered by the late UK economist Wynne Godley, this approach starts with National Accounts...

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Value Creation vs Value Extraction in Today’s Economy

Book Review Mariana Mazzucato. The Value of Everything: Making and Taking in the Global Economy. Allen Lane. 2018. The playwright Oscar Wilde quipped that a cynic is a person who “knows the price of...

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Why Keynes was a socialist

In an important new book Keynes Against Capitalism: His Economic Case for Liberal Socialism (Routledge, 2019) James Crotty argues that Keynes was a socialist who advocated a much more radical economic...

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