Anti-democratic investor rights deals are in the news again, thanks partly to a Communications Workers of America & Trade Justice Network event that brought Nobel prize winning economist Joseph Stiglitz to Canada. Professor Stiglitz pronounced the Trans-Pacific Partnership the “worst trade deal ever”, adding that provisions allowing multi-nationals to sue governments are particularly toxic. Professor Gus van Harten pointed out […]
Read moreSome of the knee-jerk commentary in response to my paper has been about what an ideal, or fair, tax system should really look like. These people question progressive taxation. To them, I quote Adam Smith from The Wealth of Nations (from Wikipedia): The necessaries of life occasion the great expense of the poor. They find it difficult to get food, […]
Read moreAs Marc noted, the Toronto Star is waging a journalistic “war on poverty”. The editorial in Monday’s National Post chastised “The Toronto Star’s poverty scam” for using the Low-Income Cut-Off, a relative measure, as an indicator of poverty. Today’s National Post includes the following letter from yours truly: In The Wealth of Nations, Adam Smith, the founder of free-market economics, wrote, […]
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