Tag Archives: euro crisis

Bond Villains as Fiscal Stimulus

I’ve known my friend Harold since high school and over the years both of us have given a lot of thought to the problems of the Northern Ontario economy while watching much of its traditional economic base in resource extraction and processing slowly disappear.  Harold has spent a good many years in the economic development […]

What’s Up with Carney & Flaherty?

Well, I’m still sifting through my thoughts trying to exactly understand what was behind the corporate “dead money” debate last week.  After a speech to the Canadian Auto Workers, Bank of Canada Governor Mark Carney drew attention to the rising amounts of cash in the bank accounts of Canadian firms and commented to the effect […]

Italian Public Finance

It is odd how ideas, thought and reading evolve over the course of a day.  I started off early this morning reading Nick Rowe’s post on structural deficits in the Eurozone and assorted news stories on the European crisis.  I then began working in my office and while shuffling  a few books on my desk […]