Greece and bad macroeconomics

Reading about the crisis in Greece these past weeks has often reminded me of a 2010 book by Australian economist John Quiggin, provocatively titled Zombie Economics: How Dead Ideas Still Walk Among Us. If you haven’t read it yet, you should. In the book, Quiggin chronicles the ‘birth’, ‘life’, ‘death’, and ‘reanimation’ of several influential ideas in macroeconomics…

How and why Stephen Harper is a bad economic manager

Prime Minister Stephen Harper likes to tell Canadians that his Conservatives are the only to party to be trusted with the economy. If you’ve watched Question Period, a speech by the PM or his finance Minister, Joe Oliver, or one of the ‘Economic Action Plan’ ads, you’re probably familiar with some of the talking points:…