This and that for your Sunday reading. – Brian Wakamo notes that Kirsten Gillibrand is pushing for postal banking in the U.S. as an alternativeContinue reading
This and that for your Thursday reading. – Mitchell Thompson discusses the absurdity of setting up Canada’s banks for collapses and bailouts, rather than ensuringContinue reading
This and that for your Tuesday reading. – Dick Bryan argues that the minimum wage should reflect the financial risks faced by low-wage workers, whileContinue reading
Assorted content to start your week. – Ritika Goel writes that good jobs lead to all kinds of ancillary benefits to both the health ofContinue reading
Miscellaneous material for your mid-week reading. – Owen Jones writes that excessive reliance on corporate profiteers is the reason why the UK’s trains don’t runContinue reading
Assorted content to end your week. – Rutger Bregman writes that the most extreme wealth in our economy is based on rents rather than productivity:Continue reading
This and that for your Thursday reading. – Erica Johnson reports that the problem of bank employees being pushed to fleece customers (legality be damned)Continue reading
This and that for your Sunday reading. – Bessma Momani writes that Donald Trump’s plan to leave the U.S. at the mercy of unregulated financialContinue reading
Miscellaneous material for your mid-week reading. – Roy Romanow writes about the dangers of focusing unduly on raw economic growth, rather than measuring our choicesContinue reading
CUPW, the union for Canada Post workers, has had some innovative ideas lately which the Harper and Trudeau governments are, not surprisingly, not too keenContinue reading
Assorted content to end your week.- Armine Yalnizyan writes that the response to the European Commission’s finding that Apple has dodged $20 billion in taxes may tell us all we need to know about the relative power of governments and corporations:The E…Continue reading
Assorted content to end your week.
– Armine Yalnizyan writes that the response to the European Commission’s finding that Apple has dodged $20 billion in taxes may tell us all we need to know about the relative power of governments and corporations:
The EC is also investigating state support received by Amazon and McDonalds in Luxembourg, a tax haven. Expect more costly court battles about the appropriateness of laws and systems of governance.Since the 2008 economic crisis, giant corporations have gone from being “too big to fail” to “too big to pay.”But as the big tax avoiders get feisty, so too are voters. The Panama Papers have made people aware of the hypocrisy: when those with deep pockets don’t pay, everyone else pays more. Governments are legitimately worried about their finances, and more focused on tax fairness than in decades. But as corporations both fight and rewrite the rules, occasionally cash-starved, debt-ridden nations are being enlisted to support their agenda.The Apple story is huge. It could presage the end of tax competition, as nations co-ordinate attempts to combat absurd levels of tax-dodging. Or it could signal growing dominance of corporate power over state power. High stakes, to be sure, in the evolution of 21st-century globalization.
– Meanwhile, Allan Sloan discusses how Mylan’s profiteering in ratcheting up the price of EpiPens has been paired with glaring tax avoidance. And the NDP points out the conspicuous lack of any public benefit from the Libs’ and Cons’ track record of corporate tax slashing in Canada.
– Alex Hemingway writes about the costs of privatizing public infrastructure. And Thomas Walkom highlights the Libs’ options in reviewing Canada Post’s future – which include taking an obvious opportunity to better meet a large number of social needs through a postal banking system.
– Bloomberg View rightly argues that fossil fuel subsidies are about the dumbest possible type of public policy. And Samantha Page offers another reason why that’s so by pointing out the devastating health effects of oil and gas production and distribution.
– Finally, Simon Enoch offers a much-needed warning to the rest of Canada as to what Saskatchewan faces with Brad Wall in power.Continue reading
This and that for your Sunday reading.- Paolo Giuliano and Antonio Spilimbergo study (PDF) how the economic conditions an individual’s youth influence enduring values – and find that the experience of an economic shock tends to lead to a greater apprec…Continue reading
Assorted content to end your week.- Owen Jones interviews Ha-Joon Chang about the foreseeable harm caused by the UK’s austerity, as well as the false claims used to push it. – The Stoney Creek News rightly argues that Canada Post should move toward pos…Continue reading
PHOTOS: The little Post Office in downtown St. Albert, where your blogger lives, which Canada Post is anxious to close as soon as possible. Below: The U.S. Post Office in Fallon, Montana, the Canadian Post Office in Dewberry, Alberta (villageofdewberry…Continue reading
Introducing the Political Eh-conomy Radio podcast, a new podcast on economic issues in Canada and beyond. The inaugural episode tackles postal banking: why cut valuableContinue reading
The endgame of the current rounds of cuts at Canada Post is some form of privatization. In the previous post, I argued that privatization proceedsContinue reading
Fallacies of reasoning are easy traps to fall into. Whether it is absolutist thinking, straw man arguments or any number of other errors of thought,Continue reading
The reintroduction of postal banking in Canada would offer access to financial services not now available to many Canadians, says new study released today byContinue reading