The “oil” sands—an artificial market
I believe in free markets—in their place. That place is when they best serve the... The post The “oil” sands—an artificial market first appeared on Views from the Beltline.
oil price
Oil Capitals Hunker Down
To Calgarians, the city is starting to feel like a punching bag. Its primary industry suffers one body blow after another. Oil prices crashed at the end of 2014 as…
The Cartel Still Rules … Sort of
It isn’t easy to convince nominally free-market Albertans that monopoly and government interference in the market made us rich, but of course they did. Nothing has contributed more to the…
OPEC Rides to the Rescue
Although Albertans have always thought of their enviable wealth resulting from entrepreneurship, hard work and the free market, that isn’t quite the case. We are an entrepreneurial place and we…
I Missed This Last April. It Seems Justin Did Too.
This comes directly from the business page of Canada’s most oil-friendly newspaper, The Calgary Herald. It’s from April 24, 2017 to be exact. China’s ambassador to Canada tried to allay…
Saudis to Alberta—Tough Shit!
Saudi oil minister Ali al-Naimi didn't say quite what I've suggested in my headline, but only the words differed, not the sentiment. The Saudis, as we all know, have been…
Podcast: Where is Quebec going after the strikes, where is Canada’s economy going after the oil crash?
I have two Canadian updates this week. The first is from Nora Loreto on what’s happening in Quebec after the fall’s anti-austerity strikes. Nora is a Quebec City-based journalist…
Boosting the economy for the rest of us
Elites and the talking heads in the media are arguing about how to respond to Canada’s soured economic outlook. Who should try to boost the economy, the federal government via…
Oil Price: Has Saudi Arabia gambled and lost?
Is it better to have gambled and lost? Saudi Arabia is calling the shots in the steep price decline of oil in recent weeks, by refusing to cut its output…
Political Eh-conomy Radio: Jim Stanford on Canada’s economy
https://politicalehconomy.files.wordpress.com/2014/12/podcast-1411212-jim-stanford.mp3 Today’s episode is the last of 2014 as I’ll be away spending the holidays with family. For a bit of a year-end summary of Canada’s economy, my one guest…
Rising oil prices will end urban sprawl … or not?
A popular assumption about rising oil prices is that people will have to drive a lot less and use public transit a lot more. This, in turn, will lead to…