Author Stephanie Kelton’s main point in The Deficit Myth is that federal deficits are not only harmless but highly desirable as devices to accelerate economic activity and resolve economic inequality. Government finance is not like other finance. Governments are...
If only Ottawa would put its full force and support behind the energy sector as it does other critical sectors in the economy. In early October, the prime minister announced that he would not back down from the latest American round of attacks on our softwood lumber...
Around the world, the economic crisis caused by the restrictions taken to fight COVID-19 has consequently led to an increase in the public debt of the United States. Canada doesn't escape this phenomenon. Based on the IMF's data, Canada's gross debt of the general...
The stakeholder-shareholder debate in finance has narrowed down to a false dichotomy between good capitalism and bad capitalism. The former means funding green energy to fight global warming, while the latter means investing in fossil fuels, tobacco, or other “sin...
Should Canadians be free to fly without a COVID-19 vaccination? Four Canadian pilots thought so and founded Free to Fly at the end of August. By now, the organization has attracted 14,300 members, including 1,900 airline staff. In an interview, Free to Fly co-founder...
The most mentioned reason for lockdowns has been the protection of health systems. The claim is that such protection saves lives. So, it is fair to ask how health systems are performing in their lockdown life-saving duty? There are several points from which one can...
Last week, the U.S. government hit its debt ceiling of $14.3-trillion -the legal limit on the amount of money the government can borrow. While the Treasury Department is using a number of accounting tricks to give lawmakers until early August to resolve the situation, both Republicans and Democrats agree that America’s fiscal situation is fundamentally unsustainable.
I’ve got a commentary in today’s National Post, in which I discuss yesterday’s budget, the need for governments in Canada to cut costs, and the growth of the government wage bill in recent years.
Will a Canadian Member of Parliament have the courage to introduce an initiative such as YouCut to encourage Canadians to democratically put a dent in the federal deficit?
Interview format videos on Hazlitt’s great work.
Reason.tv has produced a great short video (7:33) discussing the impact of Walmart stores in American communities, as well as the sources of opposition to the development of new stores.
Aging population and gendercide, lest we forget.
A look at why politicians face similar incentives to used car salesmen.
CFAX Radio
The Alberta Treasury Branches were established to provide financial services to Albertans at a time and in places that such services were often inaccessible and not provided by chartered banks. Now, ATB competes with private sector financial institutions while enjoying may unfair advantages.