Monthly Archives: January 2016

Social Costs of Economic Policy: TPP Edition

There’s a new study out of Tufts University that basically shows that  Trans-pacific Partnership trade deal that many countries have engaged in, including the United States and Canada, will hurt labour. Where and when have we heard this before? As … Continue reading

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OECD Parallel Universes

There’s some Canadian economists that want to know if the Bank of Canada is living in a parallel Universe because they are painting a pretty rose picture of the Canadian economy. But it may not be the Bank of Canada … Continue reading

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Canada’s Voluntary Ignorance

One of the problems with social science is that unlike the natural sciences, it cannot predict the future. Of course economists (a social science) have been trying for centuries to predict the future with fancy math, but they usually fail. … Continue reading

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The Malthus-Ricardo Debate: Part Deux

It seems that Paul Krugman takes issue with Justin Fox’s column in Bloomberg, asking why economists weren’t all that concerned about inequality until fairly recently. Krugman’s answer? Economists just can’t mathematically model inequality and data was limited. Because after all, … Continue reading

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