Category Media

EI and I on CBC

I was on CBC Newsworld's show Politics this afternoon, along with Derek Burleton of TD Economics, talking about the opposition parties' insistence that the government reduce the number of hours worked before becoming eligible for Employment Insurance (see here, here and here). You can watch the video here – we're in the first segment. We […]

Oil prices in currencies other than the USD

Once again, we're seeing an increase in USD-denominated oil prices accompanied by a depreciating USD, so it was only a matter of time before someone put 1 and 1 together and got 11: Crude awakening: It's oil about the US dollar: Some people would have you believe that oil's surge above $60 (U.S.) a barrel […]

In which Rick Salutin doesn’t do his homework

Only part of his column today discusses the Ontario government's decision to remove information about school performance from its Ministry of Education's website, but Rick Salutin still manages to make two fundamental mistakes: "Competition makes for better schools," said a Globe and Mail editorial, without a shred of evidence, since there is none. The U.S. […]

The Quebec provincial budget: Live-blogging on tape delay

I'm off to the media lockup for today's budget; I'll be helping out with the CBC radio (English) budget special. You can listen here; it starts at 4:00 pm, EDT. I won't have internet access, but I'll take notes and post them when I do. 6:27: I'm free! Free! The day's events are documented below […]

The Globe and Mail’s subprime envy

Today's G&M has what purports to be an exposé on subprime mortgages in Canada: Canada's dirty subprime secret: Since the subprime mortgage meltdown in the United States, Canadian leaders have assured the public that a similar tidal wave of foreclosures can't hit here. They have cited the prudence and market dominance of Canada's five most […]

Ironic media juxtaposition du jour

Today's entry comes from Macleans.ca's "Need to Know" section: Death of newspapers will result in greater corruption: People have been predicting the demise of newspapers for years, but now that newsrooms are shutting down, some are taking a hard look at what comes next. And the view isn’t a good one. In a lengthy piece […]

Economics blogging and academia

I've been wondering for some months about the role of blogging for an academic. How does it fit into my job as an economics professor? What's it worth? My own views, of course, are coloured by personal experience. But that personal experience is more influenced by the current economic times than by my own biography.

Neil Reynolds goes off the deep end. Again.

Gaaah. This is just crazy. I generally try to avoid fisking, but this is a case where so many clangers pile on top of each other like so many cars in a train wreck that there simply isn't another way of pointing out the awfulness of what Mr Reynolds has inflicted on unsuspecting Globe and […]

Why do journalists even try to explain forex fluctuations?

This is just silly: The Canadian dollar took a beating on currency markets Tuesday and stock markets tumbled amid investor disappointment in the U.S. government's financial rescue package. The currency closed down 1.97 cents (U.S.) to 80.24 cents after going as low as 80.04 cents as investors dumped a wide variety of currencies and bought […]

In which a US magazine summarises many points with which Canadians should be more familiar

Newsweek Okay, yes, I found this during a google search for this blog's title.