Author: Andrew Jackson

Andrew Jackson is the former Chief Economist at the Canadian Labour Congress and is a Senior Policy Advisor at the Broadbent Institute. He has written numerous articles for popular and academic publications, and is the author of Work and Labour in Canada: Critical Issues, published by Canadian Scholars Press (2005). His writings on the Canadian economy and unions can be found regularly at

  • The Fiscal Deficit, Modern Monetary Theory and Progressive Economic Policy

    Modern Monetary Theory or MMT has crept in from the academic margins to become an influential doctrine in progressive policy circles in the United States. Both Elizabeth Warren and Bernie Sanders drew on the ideas of MMT to shape their ambitious public spending platforms. MMT has been cited as one way to fund a Green … Keep reading »

  • Between Dystopia and Democratic Socialism

    The idea of socialism has been re-discovered by a layer of activists struggling for radical change, especially young people. Keep reading »

  • Is ‘Postcapitalism’ On the Horizon?

    Paul Mason is a leading British economic journalist, currently a columnist for The Guardian. He is also a long time left political activist. His new book, Postcapitalism: A Guide to Our Future (Farrar, Strauss and Giroux. New York, 2015) is a challenging, sometimes obscure, sometimes brilliant, eminently worthwhile read, and an optimistic take that the … Keep reading »

  • Public Sector Austerity: Why is Canada Leading the Way?

    The major economic problem faced by Canadians is a very slow recovery and weak job market, not government deficits or rising debt. But public spending cuts at the federal and provincial level will make the real problem even worse. And, government spending cuts in Canada seem set to be even greater than in other advanced … Keep reading »

  • Will work for food

    Mark Carney on the ‘Natural Rate’ of Unemployment

    I was disturbed to read this comment on the current state of the U.S. economy in Governor of the Bank of Canada, Mark Carney‘s speech last week. “The natural rate of (U.S.) unemployment may be increasing sharply. The scale of industry restructuring means that some unemployed workers do not have the skills suitable for the … Keep reading »

  • Beware the Canadian Austerity Model

    Paul Martin was Canada’s Minister of Finance from 1993 to 2003, then served a short term as Prime Minister (December 2003 to February 2006). He spoke on Canada’s 1990s debt reduction strategy to a February, 2010 Public Services Summit organized by the Guardian in the UK, and Canadian newspapers report that he is being tapped … Keep reading »

  • Beyond ‘Stimulus’ – Fiscal Policy After the Great Recession

    As the communiqué from the Pittsburgh G20 summit put it, “it worked.” Unprecedented macro-economic stimulus in the form of ultra low interest rates and large government deficits has pulled the global economy back from the abyss, at least for now. But what comes next? Conventional economic wisdom is setting the stage for deep and damaging … Keep reading »

  • Roots of the Economic Crisis: Critical Perspectives

    This workshop explores alternative interpretations of the current economic crisis. The presentations are from organized labour, community activists and academics. The focus of this workshop is critical engagement, discussion and debate. Presentations by Andrew Jackson, Toby Sanger and Justin Paulson. Watch video »

  • Public Sector Workers: The Recession’s Next Victims?

    I fear that Tom Walkom of the Toronto Star is bang on when he argues that the next victims of the recession will be public sector workers. As he writes: “The federal government has already signalled plans to get tough with its workers. In Ontario, Premier Dalton McGuinty gave notice this week that the province’s … Keep reading »

  • What’s in Play at Pittsburgh?

    The London G-20 summit last fall may go down in history as the meeting that saved the world. That’s a huge exaggeration of course, but leaders did agree to a program of co-ordinated monetary and fiscal stimulus which may have arrested an economic free-fall, and they agreed to an agenda for financial re-regulation with a … Keep reading »