The Price Transparency Act Gets Economics Wrong

Wednesday, January 7th, 2015 by posted in Capitalism, Economics.

Canadians are accustomed to paying higher prices than our southern neighbours for a wide range of consumer goods: from books, to dairy products, to cars. The Canadian government recently introduced the price transparency act, a piece of legislation that would

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The Socialist Wind from the South

Wednesday, November 19th, 2014 by posted in Economics, Foreign Policy.

Reprinted from Le Quebecois Libre As everybody knows, the United States is a mean country where dog-eat-dog capitalism reigns, where the poor die of hunger in the streets or of illnesses at the doors of hospitals whose treatments they cannot

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The Skyscraper Curse in Alberta

Tuesday, November 18th, 2014 by posted in Economics.

The Skyscraper Index shows a correlation between the construction of large, record-setting buildings and economic busts. Of course, correlation is not causation, but it’s interesting to note how accurate this index is. Created by economist Andrew Lawrence in 1999, the

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Food Banks and the Basic Income Model

Thursday, November 13th, 2014 by posted in Economics, Socialism.
Screenshot from 2014-11-13 20:15:43

Did you know that nearly a million Canadians are now using food banks each month? According to HungerCount, there has been a 25% increase in food bank usage since the Financial Crisis six years ago. HungerCount Reports are considered to

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Milking the Dairy Industry

Monday, November 3rd, 2014 by posted in Economics.

A recent CBC report exposes that Newfoundlanders and Labradorians often pay at least twice as much for dairy than Ontarians. Indeed, milk consumers in Windsor can often expect to pay around 91 cents per litre, while it’s been reported in

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Montreal’s Economic Bilingualism

Tuesday, October 14th, 2014 by posted in Economics.

As a resident of Montreal and an Anglo-Quebecer by birth, I have gotten to know the city fairly well in my three years here as a student. Montreal is generally known as the “cultural capital” of Canada, and with the

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Be Careful When you Wish for a Weak Dollar

Friday, October 10th, 2014 by posted in Economics.

A little over a year ago, Canadians were alarmed by the surging loonie. As the argument went, foreigners (and Americans in particular) couldn’t afford to buy Canadian-made goods. Since the country couldn’t compete, better get the Bank of Canada on

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Private Health Care is Inevitable in Canada

Thursday, June 26th, 2014 by posted in Capitalism, Economics, Health Care.

Private health care is inevitable in Canada. Does that sound crazy? Decades ago, socialized medicine became an iconic institution in the country. It wasn’t just the establishment of “free” healthcare for all, but an existential “right” created by a loving


Canada’s Housing Problem

Friday, June 13th, 2014 by posted in Banking, Economics.

Stephen Poloz, Governor of the Bank of Canada, thinks Canada may have a housing problem on its hands: On the home front… high house prices and record household debt remain the most important “vulnerabilities” in the Canadian financial system –

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Nouriel Roubini the Mercantilist

Thursday, February 27th, 2014 by posted in Banking, Capitalism, Economics.

Here’s a question: why is economist Nouriel Roubini so popular again? The man is syndicated in the financial press. He has a number of best-selling books on the ebb and flow of the global economy. And he teaches at New

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Help Bring Rituparna Basu to Toronto

Wednesday, February 26th, 2014 by posted in Capitalism, Economics.

Help objectivists in Toronto bring Rituparna Basu—Healthcare specialist from the Ayn Rand Institute—to Toronto. You can find details on how to help here.

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Pharmacy Wars

Wednesday, February 26th, 2014 by posted in Capitalism, Health Care, Regulation.
Apotheosis teaser

The Ontario Government’s war on drugs is entering a new and more dangerous phase that is bringing increasing violence to the most unexpected of places: the province’s pharmacies. One normally thinks of pharmacies as being places of peace and quietude.

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The Economic Harm of Prohibition

Wednesday, February 19th, 2014 by posted in Economics, Law, War on Drugs.
weed teaser

According to the United Nations, cannabis, the plant from which marijuana is derived, is the most widely used, produced and trafficked drug. Governments across the globe have invested heavily in fighting drug production and consumption. Notwithstanding, even though the war


Canada’s Tidal Wave of Credit

Monday, January 27th, 2014 by posted in Banking, Capitalism, Economics.
Bank_of_Canada teaser

Be mindful of what will happen when interest rates rise, but note that rising debt levels in Canada are no reason to panic, at least according to Stephen Harper. Canada’s Prime Minister is quick to note that his wife and

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Generation Wars

Monday, December 23rd, 2013 by posted in Capitalism, Economics, History, Politics, Socialism.

I’ve written before on the raw deal Canadians are getting on the CPP, and it isn’t pretty.  I estimate that by being forcefully enrolled in to the Plan, Canadians are losing out on potentially earning an additional million over the


How to Decrease Income Inequality

Saturday, November 16th, 2013 by posted in Capitalism, Economics.
PanhandlingHat teaser

The Globe and Mail has been up in arms over the growing wealth divide in Canada. Or at least the perception of a growing wealth divide. As part of its Wealth Paradox series, this weekend’s edition looked at some policies

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Monday, November 11th, 2013 by posted in History, Philosophy, Politics.
Lest_we_forget teaser

Today many of us are wearing a poppy on our lapel in a show of remembrance. What exactly are we remembering? The Great War from 1914-18 saw many changes to the world. Many of them were bad, though as we

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The Welcome Death of Peak Oil

Saturday, November 9th, 2013 by posted in Economics, Environment, Regulation.

Reprinted from The original, slightly longer version of my Letter from Calgary column in the October 2013 issue of the Investment Executive newspaper: Improved technology and more efficiency mean North America could eventually become an oil exporter Does anyone remember Peak


Canadians Should Be Concerned about the NSA and PRISM

Sunday, June 16th, 2013 by posted in Law, Philosophy, Regulation.

Reprinted from Vice Magazine On Friday, the world found out about PRISM: a secret tool developed by the United States’ National Security Agency that has been used, since 2007, to directly tap into the servers of companies like Facebook, Google, and

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Dear Future Student of Austrian Economics

Tuesday, June 4th, 2013 by posted in Economics, Education, Lifestyle.

Every once in a while, I get an e-mail from an undergraduate student asking where in Canada he or she could pursue a graduate degree in Austrian economics. While no economics department in Canada offers such a degree, there are

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