On Inequality, Democracy and Taxing the Rich – A Modest Proposal
No doubt many raised in our capitalist society, where inequality rules and excessive incomes and wealth are seen as a right (and where even the NDP only proposes a measly…
wealth
Fight Inequality by Taxing Corporations
Unless you earn more then $200,000 a year corporate tax cuts likely make your life worse. Even though it’s a myth, it’s long been argued that by cutting taxes for…
Big Boxes Have Failed us; Supporting Downtowns will Save us
We’ve all heard about how downtowns have failed in smaller cities while big box stores like Walmart succeed; what we don’t really talk about is why and what’s the solution.…
Extreme Wealth Inequality Persists
There was little or no media coverage of the release of data on the distribution of the wealth of Canadians in 2016 last week, perhaps because there has been little…
Using Math to Solve for Inequality
Inequality has been increasing globally for years, and developed nations have seen inequality rise in rates comparable to the start of the great depression. This situation is understandably problematic and…
The Middle Class Illusion
Are you middle class? Do you know where the middle class falls within society? Is it someone who earns up to $120,000 or someone averaging around $50,000 annually? Surprisingly, many…
Life, Liberty, and the Sociopathic Pursuit of Wealth
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with unalienable Rights, that among these are Life, Liberty and…
Life, Liberty, and the Sociopathic Pursuit of Wealth
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with unalienable Rights, that among these are Life, Liberty and…
Life, Liberty, and the Sociopathic Pursuit of Wealth
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with unalienable Rights, that among these are Life, Liberty and…
Be Happy With What You Have
It’s often thought that if one had more money they would be happier, bills would be easy to pay and work would be less stressful. It turns out that that…
Kickstarter CEO Wants You to Have a New Job
Yancey Strickler is the CEO and cofounder of Kickstarter he sees the future of work and the economy different than most CEOs. Strickler sees a future with people working jobs…
These 1 percenters are sharing their wealth with the 99 percent
These 1 percenters are doing what the global Occupy movement demanded back in 2011. They’re sharing their wealth with the 99 percent. The post These 1 percenters are sharing their…
Redistribute Neighbourhoods Instead of Wealth
People hate taxes despite the fact that basically every person who studies economics knows they are needed and a great way to spur economic success. Despite the fact taxes are…
Free trade to blame for growing income inequality in Canada
A study recently released by the Canadian Centre for Policy Alternatives found that the modern free trade era has exacerbated income inequality in Canada. The post Free trade to blame…
The lament for Canada’s middle class
I’ve been posting more sparsely lately for a number of external reasons but this should change soon I hope. For now, here is the first major piece I wrote for…
Supermanagers and the social psychology of wealth
By now, Thomas Piketty’s U-shaped graphs of wealth and income concentration are well known. What has received less attention are the differences between the last, early-20th-century inequality peak and today.…
IMF: Tax the Rich to Improve the Economy
The International Monetary Fund has just completed a study that compiled data across time and space to conclude that taxation isn’t harmful for economies. Indeed, taxing the rich is actually…
Canada’s Luxury Index is through the roof
Numbers season is over but good inequality data is still missing. January sees us regularly bombarded with a whole range of economic statistics about the previous year. GDP growth: likely…
Capitalism—an irrational system in an age of climate change
Capitalism is generally recognized as having one great strength. That, of course, is as a creator of wealth. Aided by the remarkable advance of technology (some would say inspired and…