Economy

Let a Thousand Capital Markets Bloom

Let a Thousand Capital Markets Bloom

Alarm bells ought to be ringing in Canada. Business, industrial and foreign direct investment have performed pitifully over the past decade, with no reason to believe there will be a turnaround any time soon. As noted by Steven Globerman of Western Washington...

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How Not to Create Jobs

How Not to Create Jobs

Corporate welfare handouts are a policy staple of politicians of all stripes. Liberals who mistakenly think government spending is the driver of economic growth love handing out free cash to claim they are “creating jobs.” Conservatives say they are against corporate...

Economic Lessons from Milton Friedman

Economic Lessons from Milton Friedman

Were he still alive today, Milton Friedman would celebrate his 107th birthday on July 31. An intellectual giant, his ideas played a significant role in making the world a freer and more prosperous place – from driving the elimination of military conscription in the...