PSCI 2401 Lecture Notes - Lecture 6: Ontario Electricity Policy, Bob Rae, Keynesian Economics

• School: Carleton University
• Department: Political Science
• Course: PSCI 2401
• Professor: Conrad Winn

Document Summary

May effect future economic performance i(cid:374)(cid:448)esto(cid:396)"s (cid:272)o(cid:374)fide(cid:374)(cid:272)e. Lose confidence about putting their money b/c they fear two things: gov will slash essential programs (infrastructure, etc. ) making trade v diff, or gov will increase taxes making trade diff. The first ones to leave are are home grown investors. Predictor of future spending i(cid:374)(cid:448)esto(cid:396)s do(cid:374)"t (cid:449)a(cid:374)t to i(cid:374)(cid:448)est i(cid:374) pla(cid:272)es (cid:271)adly i(cid:374) de(cid:271)t. I(cid:374)(cid:448)esto(cid:396)s k(cid:374)o(cid:449) a(cid:271)out cali a(cid:374)d that they should stay a(cid:449)ay (cid:271)ut do(cid:374)"t k(cid:374)o(cid:449) a(cid:271)out o(cid:374)t. Top (cid:1004). (cid:1004)(cid:1005)% a(cid:374)d the (cid:862)(cid:272)a(cid:396)(cid:396)y t(cid:396)ade(cid:863) one of the ironies is that really low interest rates is that it helps really wealthy ppl. Less money for them b/c more gov money spent on interest. The ppl that mater are the us, chinese, germans. We (cid:272)a(cid:374)"t (cid:272)ha(cid:374)ge ou(cid:396) (cid:396)ates it"s all glo(cid:271)al (cid:374)o(cid:449) Can more like a prov in a one country world. Nobody has true sovereignty anymore b/c of globalisation. O(cid:374)t is i(cid:373)p (cid:271)/(cid:272) it"s the engine of can.