Advocates for centralized financial regulation have met their match in Canada. She is proof that competition between intranational jurisdictions can foster diverse, prosperous capital markets. In our research paper, “The Federal Takeover of Canada’s Capital Markets,” we argue the decades-long …
The proposed federal regulation of Canadian capital markets is of dubious constitutional authority and is a centralist solution in search of a problem. Contrary to the claims of the chief proponents, who enjoy federal funding, it would make markets less …
PowerPoint slides which accompanied the Breakfast on the Frontier speech by S. Mark Francis in Winnipeg March 24, 2010. Watch while listening to related audio below.
It’s a tragedy that Milton Friedman—born 100 years ago on July 31—did not live long enough to combat the big-government ideas that have formed the core of Obamanomics. It’s perhaps more tragic that our current president, who attended the University of Chicago where Friedman taught for decades, never fell under the influence of the world’s greatest champion of the free market. Imagine how much better things would have turned out, for Mr. Obama and the country.
If buzzwords were the path to prosperity, Canada would be growing like gangbusters. It is not, and the Venture Capital Catalyst Initiative (VCCI)—with an expansion announced in the federal economic statement—is a case of lofty words anathema to efficient and …
Mitt Romney’s résumé at Bain should be a slam dunk. He has been a successful capitalist, and capitalism is the best thing that has ever happened to the material condition of the human race. From the dawn of history until the 18th century, every society in the world was impoverished, with only the thinnest film of wealth on top. Then came capitalism and the Industrial Revolution. Everywhere that capitalism subsequently took hold, national wealth began to increase and poverty began to fall. Everywhere that capitalism didn’t take hold, people remained impoverished. Everywhere that capitalism has been rejected since then, poverty has increased.
Like the mythical monster Hydra—who grew two heads every time Hercules cut one off—President Obama, in both his State of the Union address and his new budget, has defiantly doubled down on his brand of industrial policy, the usually ill-advised attempt by governments to promote particular industries, companies and technologies at the expense of broad, evenhanded competition.
Despite evidence to the contrary, critics of Aboriginals entering the economy prefer ideology over empirical reality.
Lawrence Solomon continues to vocalize on his views that smart grids are an uneconomic, politically motived fantasy. Instead of seeing the potential for Smart Grids to usher in competitive, market-based pricing for electricity, he appears to believe that we are best served with the current rigid system where it is quite difficult to balance supply and demand.
Perhaps clarifying some of the assertions from his most recent post can help people understand the situation more clearly.