Monthly Archives: May 2014
The New Keynesian conspiracy
New Keynesians believe that Say's Law is false. But they want the central bank to try to make Say's Law look true. New Keynesians believe that real business cycle theory is false. But they want the central bank to try to make real buiness cycle theory look true. New Keynesians believe that the loanable funds […]
The Economist on WCI
The Economist has a story on the state of the Canadian economy and it features an appearance by Livio Di Matteo: Yet luck played a large, unacknowledged part, says Livio Di Matteo, an academic and contributor to Worthwhile Canadian Initiative, the world’s best-named economics blog. It's official: WCI is now the best-named economic blog. Take […]
Canadian Manufacturing Employment: Growth and Decline (But more decline than growth)
Ontario’s budget will be presented today in the wake of new GDP numbers from Statistics Canada showing that Ontario’s real GDP growth was amongst the poorer performers in the country in 2013 (Quebec, NS, & NB were lower). Manufacturing was again singled out as one of the sectors in which Ontario is doing rather badly […]
Worthwhile Canadian Initiative 
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