Professor James Buchanan, 1986 Nobel Laureate in Economics, says that equalization programmes can be captured and destroyed by politics and bad design. Known as one of the “fathers of equalization” because his early writings were highly influential in the design of equalization programmes such as Canada’s, Buchanan revisited his arguments of 50 years ago in Montreal today.
A luncheon talk at “Equalization: Helping Hand or Welfare Trap?”, a conference co-sponsored by the Atlantic Institute for Market Studies, the Montreal Economic Institute and the Frontier Centre for Public Policy, Montreal, 25 October 2001
Frontier interviews 1986 Nobel Prize winner for economics James Buchanan.
Mark Twain said, “Whiskey’s for drinkin’ and water’s for fightin’ over.”
Winnipeg residents suffer the highest residential property taxes in the country.
As in most jurisdictions in North America, including Manitoba, New Zealand was grappling with major policy questions about education, from improving student performance to funding formulas, from charter schools to classroom size.
Just as the early 20th century’s sleepily parochial governments transformed themselves into sprawling bureaucracies to keep pace with industrialization, that lumbering, inflexible, messy, inefficient institution we call government today must — and surely will — transform itself in honor of the Digital Age.