Rabble.ca/

The problem of uncertainty in economics and the wisdom of Keynes

Like this article? rabble is reader-supported journalism. Chip in to keep stories like these coming.

In an interesting, if not revealing, column in the Globe and Mail (August 29, 2015), economist Todd Hirsch writes that in economics, unlike in philosophy, religion, psychology and other social sciences, uncertainty poses a great challenge.  But economists, he claims, are a different breed.  We are, he claims, uncomfortable with admitting that the future is unknown; we have problems admitting that "we just don't know."

read more

Senior Toronto police officer found guilty of misconduct for ordering mass arrest at the G20 summit in 2010

Please support our coverage of democratic movements and become a supporter of rabble.ca.

News of Toronto's G20 aftermath have been absent from the media for a long time; after all, the G20 demonstrations occured five years ago.

Someone famous once said that the wheels of justice turn slowly and the same can be said for justice to prevail after the huge protests in late June 2010.

read more

Harper jeopardizes the conduct of monetary policy

Like this article? Chip in to keep stories like these coming.

Prime Minister Stephen Harper's recent admission, on August 24, of having had a telephone conversation with Bank of Canada's Stephen Poloz, in the middle of a federal election campaign, raises important questions regarding the independence of Canada's central bank and jeopardizes Mr. Poloz's conduct of monetary policy.

read more

Why privacy matters this Canadian election

Please support our coverage of democratic movements and become a supporter of rabble.ca.

While you are out this weekend enjoying the last days of summer on the beach and the RCMP come by to check whether your cooler is full of (gasp) beer or wine, you have every right to tell them (I would suggest politely) that no, they cannot look in your cooler.

read more

Harper's violation of international law in Libya

Keep stories like this coming.

Since the start of the Canadian election campaign a series of posts have detailed the Harper Conservatives repeated abuse of power. The Tyee published "Harper, Serial Abuser of Power", which listed "70 Harper government assaults on democracy and the law." But the widely disseminated list omitted what may be the Conservatives' most flagrant – and far-reaching –lawbreaking. In 2011 Ottawa defied UN Security Council Resolutions (UNSCR) 1970 and 1973, which were passed amidst the uprising against Muammar Gaddafi's four-decade rule in Libya.

read more

Fact-checking the deficit

Like this article? Chip in to keep stories like these coming.

What is a deficit and should I care about party promises related to deficits?

A deficit happens when a government spends more money than it receives in revenue. To pay for a deficit, governments borrow money, which they finance through debt. Many programs should be debt-financed, like long-term infrastructure projects, so debt and deficits in and of themselves are not bad.

Many years of running a deficit is usually a sign of a structural problem, and revenues (like taxes) should be increased. Or, programs should be cut.

read more

When bad news is good news: Harper's call to Poloz

Friday, August 28, 2015

Chip in to keep stories like these coming.

Was there any concrete economic reason for Stephen Harper to call Stephen Poloz this week, as global stock markets continued their gyrations? And then to have his office subsequently issue a cryptic and rather foreboding statement about the conversation?

Of course, prime ministers and central bank governors talk to each other every now and then -- but these conversations, for obvious reasons, are rarely publicized. And since we are in an election campaign, the meeting was all the more odd.

Was there any concrete economic reason for Stephen Harper to call Bank of Canada Governor Stephen Poloz this week, as global stock markets continued their gyrations? Not really, no.

read more

Revisiting 1930s authoritarianism through Donald Trump

Friday, August 28, 2015

Chip in to keep stories like these coming.

Give this to Donald Trump: he helps us picture how the anti-democratic, right-wing, personality-driven movements of the 1930s came to power. Those movements are usually characterized as fascist though they were diverse, and the term itself is hellishly hard to define. As time passed, they faded into an inexplicably "evil" moment in history which thankfully couldn't happen here or now.

Give this to Donald Trump: he helps us picture how the anti-democratic, right-wing, personality-driven movements of the 1930s came to power.

read more

Fact-checking the Conservatives' rural broadband strategy

Want to see an election campaign fact rich and spin poor? Chip in to keep our fact check blog up to date.

The 2015 federal election promises to be an ugly fight, with a lot of half-truths and fact twisting. This has been the tone set by the Harper government so far, and it shows no sign of changing course. Luckily, rabble.ca together with our allies will be pulling together real numbers and evidence to refute the mistruths and fact check the election campaign.

read more

What do you think of Trudeau's three-year fiscal plan?

Liberal Leader Justin Trudeau announced, if elected, his government would not balance the budget for three years and instead double spending on infrastructure to increase economic growth.

The $125-billion investment would focus on public transit, green projects and social infrastructure (affordable housing and senior centres).

What do you think of Trudeau's three-year fiscal plan?

Choices Investing in infrastructure is more important than balancing the budget. Great plan. Is this going to be another situation like when Trudeau said he was against something and then voted for it? #C51 There are no concrete plans yet, just words. Let's wait and see. I prefer the NDP's focus on affordable child care and balancing the budget. I believe it can be done. The Green Party's vision on green projects is far better than anything Trudeau could come up with. It's a good election platform, but I still don't trust the Liberals and won't vote for them. None of the above.

Wildrose leader on stump for Harper assails NDP minister for campaigning for Mulcair

Chip in to keep stories like these coming.

Speaking of irritating and hypocritical comments from Alberta's opposition parties as they campaign openly for the re-election of Stephen Harper's Conservative Party of Canada, there was Wildrose Leader Brian Jean's news release yesterday condemning Labour Minister Lori Sigurdson for campaigning in British Columbia Monday for a federal NDP candidate.

read more

Pages