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An economy is for producing well-being, not GDP or tax revenue
I’m normally a big fan of TD Economics and its various newsletters and publications, which you can get sent to you free. A well-known bank economist once told me the purpose of bank economics departments is not to help with actual bank ...
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Not fake, but misleading news on minimum wages
CBC’s The National ran a very touching story this week about the hard choices faced by three Toronto men holding down minimum wage jobs. It was both empathetic and sympathetic. Good. We shouldn’t skimp on either for people who are worse ...
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Participation rates—good news, bad news or neutral news?
Part of being a market-oriented economist—and is there really any other kind?—is learning not to have the same reaction to economic news that everybody else does. For instance, this week StatCan published a short study on “The impact of ...
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William Watson: If not even the Canada Post review uses Canada Post…
Thanks to my wife for pointing out the following rather glaring does-not-compute in our local MP’s latest pro-Liberal newsletter, delivered to us free by Canada Post. Or not free, since nothing is free. But paid for not by him but by our ...