Enbridge: What Now? We Escalate Our Fight
Some breaking news occurred yesterday, the Joint Review Panel of the National Energy Board approved the Enbridge pipeline, but with 209 conditions. To quote a teenager from 1994: “Big whoop.”…
Economics
$10 Billion Site C Dam: You pay, no say
If you live in BC, it will cost you, conservatively, $10 Billion – paid through skyrocketing power bills and taxes. It will flood tens of thousands of acres of excellent…
Conservatives Are Not Responsible
Conservatives are not responsible for your neighbour’s children. Your neighbour’s children will be paying off debts incurred by Conservative Ministers, however. Conservatives only feel responsible for your neighbour’s children when…
Redford’s Performance Appraisal: The Building Alberta Plan
Alison Redford’s performance appraisal document landed on my doorstep a week ago. It’s called “The Building Alberta Plan 2013 Edition”. In the real world a CEO undergoes an annual performance…
The rise of Bitcoin: and the challenge to the global domination of big money
The following article was written on October 25. I wanted to read it over once more before publishing it, then got busy with other things and forgot about it. In…
"Sack the Economists"
Reblogged from Real-World Economics Review Blog: from Geoff Davies Non-mainstream economists are all-too aware of the failure of mainstream economists to anticipate, let alone avoid, the Global Financial Crisis and…
BC Hydro rate shock powered by lies
BC Energy Minister Bill Bennett How do you know when a politician’s lying? When you see his/her lips move. Bill Bennett, the BC Hydro point man in the government, tells…
Investment in society and in human beings?
A paper published in the journal International Political Science Review considered if the International Monetary Fund (IMF) was “Democracy’s Friend or Foe.” It noted that reforms required by the American…
Competition and the Commercial Spirit
I came across this gem while reading Hayek’s discussion of private monopoly and competition in Law, Legislation and Liberty. Hayek is discussing the relationship between competition and economic rationality, disputing…
CAN CHINA INNOVATE ?
CAN CHINA INNOVATE ? The immense weight of China dominates much economic prognostication these days. Will it overtake the USA and become the dominant power of this century ? What…
CAN CHINA INNOVATE ?
CAN CHINA INNOVATE ? The immense weight of China dominates much economic prognostication these days. Will it overtake the USA and become the dominant power of this century ? What…
CAN CHINA INNOVATE ?
CAN CHINA INNOVATE ? The immense weight of China dominates much economic prognostication these days. Will it overtake the USA and become the dominant power of this century ? What…
CAN CHINA INNOVATE ?
CAN CHINA INNOVATE ? The immense weight of China dominates much economic prognostication these days. Will it overtake the USA and become the dominant power of this century ? What…
With LNG, Asian takeovers of Canadian energy assets still booming
Asian investment explodes in BC’s LNG market, rivalling the scale of resource development in the tarsands, as new trade deals threaten to entrench foreign state ownership of Canada’s key energy…
Orthodox economists have failed their own market test | Seumas Milne | Comment is free | The Guardian
Orthodox economists have failed their own market test | Seumas Milne | Comment is free | The Guardian. From any rational point of view, orthodox economics is in serious trouble.…
Academics back students in protests against economics teaching | Education | The Guardian
Academics back students in protests against economics teaching | Education | The Guardian. A prominent group of academic economists have backed student protests against neo-classical economics teaching, increasing the pressure…
Canada’s largest energy union wants national fracking moratorium
First Nations and supporters protest fracking in Vancouver last month (Damien Gillis) Canada’s largest private sector union, Unifor, has joined the growing chorus of concern over controversial shale gas development.…
The five elements of a financial crash
Financial crashes are common in modern market economies. The first notable one occurred in Amsterdam in the 1630s when a bursting speculative bubble on tulips caused enough financial ruin for…