Monthly Archives: October 2007

The new Governor of the Bank of Canada…

…is Mark Carney. That’s twice in a row that a governor has been an external candidate – although he has worked there before. I suspect that Bank employees who are thinking about the top job will start sending their CVs to the Department of Finance or perhaps the IMF. The days of appointing a governor […]

What is going on in the overnight market?

The Bank of Canada has intervened in the overnight market for four days in a row now: $985m on Thursday, $1.087b on Friday, $890m Monday, and another $855m yesterday. Update: Make it five in a row – another $520m today. What’s going on? The Globe and Mail’s Heather Scoffield had an article on this the […]

Imperial anthropology

Stackelberg Follower comes across an introductory anthropology textbook whose authors are interested in writing about economic issues. Unfortunately, they’re not very good at it. He cites three glaring mistakes before giving up in dismay, and concludes: Perhaps most tellingly, the references to the chapter do not contain a single book that deals with economics as […]