twitter

Thursday 7 March 2013

Progressive Economics Long Live Dutch Disease

Dutch Disease is Dead … Long Live Dutch Disease!!! Posted by Jim Stanford under Dutch disease, energy, exchange rates, manufacturing. March 4th, 2013 Comments: 4 In the hyper-polarized context of Canadian energy policy debates, even suggesting that there might be a downside to the untrammeled energy boom centred in northern Alberta is enough to get you labelled a traitor or an economic illiterate — or both. Conservative political leaders in both Ottawa and Edmonton, backed by energy-friendly think-tanks and the Sun media chain, have tried to paint such thinking as idiotic and dangerous, not deserving of serious consideration. This is a distinctly McCarthyist strategy: it relies on vilifying and marginalizing opposition, rather than debating facts and arguments. http://www.progressive-economics.ca/2013/03/04/dutch-disease-is-dead-long-live-dutch-disease/