“There is a fashionable new science—behavioral economics, they call it—which applies the insights of psychology to how people make economic decisions. It tries to explain, for instance, the herd instinct that led people during the recent bubble to override common sense and believe things about asset values because others did: the ‘bandwagon effect.'”
Role of Government
Emerging From the Shadow: Canada’s strong economic performance has given it a long-sought place in the global spotlight. Now the question it faces: what to do with its new power..
Canada’s strong economic performance has given it a long-sought place in the global spotlight. Now the question it faces: what to do with its new power.
Lunch on the Frontier – Healthcare in Canada – With Danielle Smith
Lunch on the Frontier
Did 2010’s Man of the Year Die in 1897?
“If you’re a renter who reads the newspapers, you have spent the last few years in a constant state of low-level anger at this “bizarre spectacle”—the unexamined assumption that perpetually escalating housing prices are the natural state of human affairs, and certainly a good enough proxy for economic health that the two quantities are freely interchangeable. How much more bizarre must it look in England?”
Featured News
The Renewable Part of Hydrogen is the Hype
Once again, the world is staging ClimateFest 26, aka the United Nations Conference of the Parties, where peddlers of alternative energy schemes try to plunge their dippers into the river of climate change funding that flows around the world. This funding is generated...
Small Gestures Speak Louder than Great Deeds
The age-old expression that actions speak louder than words conveys an important insight: character is best judged through action. Anyone can say or promise anything but doing requires ability and skill, discipline and commitment. So, the simplest test of character is...
Klein Crowd on a Spending Spree
In 1996-97 –the low point of the Klein-era cuts — the provincial government spent $12.7 billion on program expenses (all government activities, except debt servicing). In 2005-06, the CTF reminded, “spending on overnment programs in Alberta will be $25.5 billion — an increase of 100 per cent.”
Brown Handouts Create a Soviet North
PARTS of the UK are as dependent on the state as some Soviet bloc countries were at the time communism collapsed, a new analysis based on official figures shows.
Kelo Backlash Could Restore Property Rights
Americans’ property rights have been secured, until recently, by the phrase “nor shall private property be taken for public use without just compensation
England is Mollycoddling Scotland into Sclerosis
In Britain public spending represents 41 per cent of GDP, and last year’s economic growth rate was 3.1 per cent. In Scotland, public spending was 54 per cent of GDP and growth was just 1.9 per cent. These facts are connected.
The Idea of Europe
What is happening in Europe is one of the most important questions of the day. It is every bit as critical to our long-term world economic future as the valuation of the Chinese currency or US trade deficits or Fed policy
Howard to Step Warily in Pushing Reforms
A Conservative Prime Minister in Australia finally has the majorities needed to change some fundamental policies.
European Lessons for Canada
Voters in Europe are wisely refusing to endorse Canadian-style federalism.
The Real Problem With Corruption
The recent revelations from the Gomery Inquiry are causing me great concern, but not for the usual reasons. We should all feel outraged at the waste of taxpayers’ money for dubious purposes but, hey, governments are always wasting money. The real problem is the...
The Big Spending George W.
Bush and a Republican Congress have expanded the federal government almost as fast as did Johnson and a Democratic Congress — and in less time