COVID-19

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The Essential Ronald Coase spotlights the British economist whose insights into transaction costs changed the way economists understood the costs and potential barriers to exchanging goods and services.

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Industry-Level Private Sector Capital Expenditures in Canada: 1990-2019

Industry-Level Private Sector Capital Expenditures in Canada: 1990-2019 examines how, despite the absence of a major recession (as Canada experienced in the early 1990s and 2008-09), more domestic industries experienced decreases in capital investment from 2015 to 2019 than at any other time since 1990. Critically, a majority of industries decreased investment in machinery, equipment and intellectual property products (such as software), which all significantly impact productivity.

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Off Target: The Economics Literature Does Not Support the 1.5°C Climate Ceiling

Off Target: The Economics Literature Does Not Support the 1.5°C Climate Ceiling finds that the government policies required to implement the Intergovernmental Panel on Climate Change’s goal, to limit the global average temperature increase to 1.5 degrees Celsius, would impose social and economic costs that far exceed the expected benefits.

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Are Our Labour Laws Still Relevant for Teleworking?

Are Our Labour Laws Still Relevant for Teleworkers? finds that many labour policies and regulations in Canada are outdated and incompatible in a post-COVID world. The study also estimates that 25 per cent of working Canadians will continue to work remotely after COVID—although roughly 40 per cent could do so.

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What Happens If Alberta Returns to the Flat Tax System?

What Happens If Alberta Returns to the Flat Tax System? find that the Alberta government can reinstate a 10 per cent single-rate personal income tax and restore the “Alberta Tax Advantage” while incurring only a modest loss in revenue.

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The Essential UCLA School of Economics spotlights the economics department at the University of California, Los Angeles (UCLA), which gained prominence during the last few decades of the 20th century and remains influential today.

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Generation and Management of Municipal Solid Waste: How’s Canada Doing?

Generation and Management of Municipal Solid Waste: How’s Canada Doing? is a new study that finds Canadians, on a per-person basis, generated 959 kilograms of municipal solid waste in 2018 compared to 980 kilograms in 2002. Crucially, waste from residential or household sources is on the rise, comprising more than 40 per cent of total waste generation, while waste generated from non-residential sources—industrial, commercial, etc.—has declined in Canada.

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The Determinants of Subnational Economic Freedom

The Determinants of Subnational Economic Freedom: An Analysis of Data for Seven Countries with Implications for Optimal Jurisdiction Size is a new study that examines if there is an optimal size for a subnational jurisdiction (states and provinces) that will maximize economic freedom. Covering a total of 158 states and provinces in seven countries, this study finds that provinces and states such as Ontario, California and New York whose populations have grown beyond 9.5 million people tend to have higher levels of government spending, higher taxes and less flexible labour markets.