Globalization

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Transformers: More than Meets the Eye

The path to net zero, based on the much disputed belief that carbon dioxide is a pollution, is more steep and impractical than most people realize. Replacing fossil fuels with clean electricity will require much more power generation and a greatly upgraded grid to...

Global Warming Proof?

"Icebreakers have been called in to free dozens of ships that became trapped in ice in the Gulf of Finland near St. Petersburg last week. The administration of St. Petersburg's port said at least 97 ships were still waiting for help on Tuesday, down from 160 ships two...

Why Kyoto Failed in Canada

As Canada prepares to enter into negotiations for a climate change pact, it is critical to examine the factors which made Kyoto a failure in this country. The new climate change treaty should only be signed if emission targets are flexible, and responsive to changing demographic and economic conditions.

Growing Heartlandia

There is growing interest in the Great Plains and western Great Lakes regions of the United States and Canada for the concept of Heartlandia, an economic region straddling the middle of the North American continent – a North American central economic region spanning Northwestern Ontario, Manitoba, Saskatchewan, North and South Dakota and Minnesota.

The Post-Lehman World

It’s just that there’s a big difference between dreaming of some ideal regulatory regime and actually putting one into practice. Everybody says we’re about to enter a new political era, rich in global financial regulation. The herd might just be wrong once again.

Financial Turmoil: Market Failure or Government Failure?

Third, we have learned yet again that government regulation often does more harm than good. As the Wall Street Journal observed, the great irony is that the banks that made some of the worst mortgage investments were the most highly regulated. Bank regulators cannot possibly spot all weaknesses. More emphasis must go on caveat emptor – investors and depositors beware.