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Ridiculous promises of “job creation” rule Toronto and Ontario elections.

The motif of job creation is back in the public debate, and this time it’s playing especially loud. Both Toronto and Ontario elections feature all sides talking about jobs, as if these were be-all and end-all of the economy. “Vote

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Mainstream Economics and Flying Unicorns: part 2

In the previous post we looked at a way to construct a common sense test: given an economic claim, we can try to see if this claim corresponds to our everyday experience. We are not satisfied with scholastic, logical-sounding explanations

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