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For freedom’s sake, rate Hong Kong
The Heritage Foundation has dropped Hong Kong from its 2021 Index of Economic Freedom. ...
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Interest rates are low because of demographics; an aging population of savers creates a borrower's market
Appeared in the Financial Post The Bank of Canada apparently surprised the chattering classes and everybody else this week by dropping its benchmark interest rate. The element of surprise, of course, reflected the firmly held convictions by Bank ...
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Milton Friedman (1912- 2012): Implications for Canada and Europe
Appeared in the National Post Milton Friedman was the most influential economist of the 20th century and his work will continue to have effect as long as humans engage in economic activity. It is, therefore, appropriate that as we celebrate the 100th ...
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Greece is broke, and so is democracy
Appeared in the Globe and Mail It is often the role of the economist to point at the impending doom with which reality confronts our fondest wishes. For that reason Thomas Carlisle referred to economics as the dismal science. It is made the more dismal ...
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Jobs: situation normal; Unemployment is rising, but hysterical reporting aside, it's still lower than the historical average
Appeared in the National Post Last evening at an early Christmas party, I was assailed by a friend with a slew of statistics pointing out just how bad the current situation is. His most impassioned focus was on the rising unemployment rate and its ominous ...
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A Generation Abandoned: B.C. Native Leaders Latest $100 million is Meaningless Unless its Spent on their Childrens Education
Appeared in the Vancouver Sun, September 23, 2005 Last week we had the wonderful scene of aboriginal leaders sitting in the British Columbia legislature for the provincial budget because, as Vancouver Sun columnist, Vaughn Palmer said, the government ...
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Today, I am Embarrassed to be a Canadian
Appeared in the National Post, March 22, 2003 I wasnt born a Canadian. I was born in Newfoundland and became a Canadian at age four when as a result of a referendum Newfoundland left British colonial status behind to join the Canadian Federation. For ...
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Mr. Humes History Lesson
Appeared in the Vancouver Sun, Feb 7, 2002 Ontario Hydros privatization is the latest of a litany of changes reversing the top down government strategy that had been the legacy of the misspent 20th century. And, of course, there is the galling reality ...
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What is the Solution to the Health Care Impasse?
Twenty-one years ago the Fraser Institute published a marvellous monograph by Dr. Sandra Christensen entitled, Unions and the Public Interest. It did a great job puzzling through the issues associated with trade unionism and the public sector. ...
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Economic Freedom of the World 2001
When the Economist Magazine was reviewing the Century in its End of Millennium edition, they returned to a question which has held the fascination of economists and other worldly philosophers for three centuries. That is, why do some nations prosper ...