Governments in Canada have implemented many laws and regulations that discourage firms from entering a range of industries.
The “demand curve” starts high and then falls.
Tariffs hurt Canadian consumers, but also Canadian producers who rely on imported inputs.
Sex doesn’t sell particularly well—violence does a lot better.
Value is subjective, and the value of art may be one of the most subjective values out there.
Knitters need to stop claiming that knitting is somehow “anti-consumption.”
People make decisions every day based on the costs they perceive and the benefits they expect from individual actions.
Among OECD countries (including Canada), there’s a lot of diversity in growth numbers, but little variation in consumer confidence.