Monthly Archives: October 2014
The relation between ZLB, NGDP, QE, and G
Nothing new here. This is just a brief summary of my views:
How can we know if government spending is money-financed?
I have a proposal that would improve aggregate demand management. I call my proposal "money-financed government expenditure on sacrificing goats". I propose that every time the government sacrifices one goat, the Bank of Canada is required by law to increase the base money supply permanently by $1 billion, relative to what it would otherwise have […]
Who needs the responsibility?
Twenty years ago, men and women had similar attitudes towards children – young women, on average, wanted slightly more children than young men, but the differences were nothing to speak of. Now, on the other hand….
Another Portent of a Looming Federal Election
It turns out that that Federal Finance Minister Joe Oliver is reported as saying that “the government can shrink the national debt by growing the economy and ‘without actually paying off any debt’.” At the same time, as part of pre–budgetary consultations with the finance committee, the Conference Board of Canada, the Canadian Taxpayers Federation […]
Worthwhile Canadian Initiative 
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