"When Wealth Disappears"
The chief economist of HSBC. Stephen D. King, says we’re in for a dose of reality – the best days are no longer ahead of us. Growth-driven prosperity, as most…
wealth
Down and Out in Harperconia
Sweet tit-humping Christ I’m tired. Tired of the chronic lack of accountability in Ottawa. Of a parliamentary press corps that been for far too long too prissy and timid to…
Down and Out in Harperconia
Sweet tit-humping Christ I’m tired. Tired of the chronic lack of accountability in Ottawa. Of a parliamentary press corps that been for far too long too prissy and timid to…
Subsidizing Reality in BC
B.C. premier’s office mobbed over child-care costs CBC News Posted: Mar 9, 2013 4:49 PM PT Lots of people complain that those who cannot afford childcare should simply stay home,…
The bumpy road to Boomer responsibility
Is there a Baby Boomer so dim in this land of rackets and swindles who thinks that he or she will escape the wrath of the Millennials rising? The developing…
Wealth Inequality and Neo Liberalism
I have a commentary posted on the Broadbent Institute web site, arguing that inequality of wealth fundamentally undermines the argument that market rewards are “fair.” http://www.broadbentinstitute.ca/en/blog/andrew-jackson-distribution-wealth-implications-neo-liberal-justification-economic-inequality
If A Fiscal Cliff Kills, Canada Should Tax Death
“In this world nothing can be said to be certain, except death and taxes.” – Benjamin Franklin The fiscal cliff in the United States did not just endanger its own…
No, you can’t achieve anything you set your mind to
We all remember when we were kids or even adolescents how our parents used to tell us that we can accomplish anything we set our minds to, that we can…
Breaking it Down: Industrial Capitalism vs. Financial Capitalism (or, Why We’re F*cked)
Michael Hudson asks: “In light of the enormous productivity gains since the end of World War II – and especially since 1980 – why isn’t everyone rich and enjoying the…
Jonathan Kay and Toronto Life: What’s the point?
I have no idea what point Jonathan Kay and the editors of Toronto Life were trying to make with their “almost rich” feature. The package takes a look at what…
The financial wealth of Canada’s top 1%
Eric Pineault wrote to add some data on financial wealth distribution for Canada. He had a research assistant comb through microdata from Statcan’s Survey of Financial Security from 2005, and…
Wealth and Income in the Top 1%
One thing I really like about the Occupy movement is that it reclaiming mental space. I’m thinking of the overt focus on the riches gained by the top 1%, and…
Canada’s Billionaires
Just in time for the “Occupy Bay Street” protest this weekend, Canadian Business magazine has come out with its annual listing of the richest 100 people in Canada. So in…
The Ontario NDP Platform
Pollsters tell us that Ontario’s New Democrats may double their seat total in next month’s provincial election. It’s also entirely conceivable that they could be part of a coalition government…
Get Cultured for a Happier Life
People who play an instrument, go to museums, or are otherwise involved in culture are happier than those who don’t according to a new study. This is great news for…
Basra and Iraq: Oil and Expectations
A strange portrait of the Southern-Iraqi city of Basra is painted in a recent and brief Economist article. Better than Baghdad struggles to find real evidence of improvement of quality…