Economy

Why Cash Is Still King in Switzerland

Why Cash Is Still King in Switzerland

When I audited an economics class in the Rice University School of Business, the lecturer compared inflation to slow-growing cancer and deflation to a heart attack. The implication was that deflation, which is the declining prices, is fatal and worse than inflation....

Featured News

Propaganda Rules the World

One of the greatest books that explain how the world works is Propaganda by Edward Bernays. The man dubbed “the father of public relations” applied the psychological ideas of his uncle Sigmund Freud upon the masses, triggering their basic motivations to the benefit of...

Money for Nothing and the Cheques Are Free

Money for Nothing and the Cheques Are Free

All the rage in progressive policy and political circles in the United States, but not quite on the radar in Canada is a fairly new set of ideas and prescriptions called ‘Modern Monetary Theory’, or ‘MMT’, for short.  Critics, somewhat unfairly, caricature MMT as...

Workplace Regulations Don’t Help Workers

Workplace Regulations Don’t Help Workers

A main priority of Alberta’s United Conservative government, given the province’s relatively high unemployment rate over the past few years, is job creation. It’s right there in the Alberta Premier's two-line Twitter biography: “Premier of Alberta. Focused on getting...

A Modest Proposal

A Modest Proposal

In 1970, Pierre Eliot Trudeau’s administration decided to cut diplomatic ties with one government claiming to rule China and to recognize another. Out went our acceptance of a long-time ally, the quasi-democratic Republic of China, based on the island of Taiwan, and...

Old-School Stats Neglect Digital Economy

Old-School Stats Neglect Digital Economy

The ubiquitous use of Gross Domestic Product (GDP), along with its per capita derivative, means we often get away with writing the abbreviation alone. Yet this widespread social proof offers a false sense of accuracy for a fragile measurement overdue for an update....