Want to know why Canada’s currency is sky-high despite our sluggish recovery, our large and persistent current account deficit, and our lousy export performance? Check out this fascinating story in Friday’s National Post, by Yadullah Hussain, on why Canada’s oil reserves are such a uniquely hot commodity in the eyes of global oil corporations. The story explains how private petroleum […]
Read moreProfessor Miles Corak had a post on The Globe and Mail’s Economy Lab yesterday comparing measures of unemployment in Canada and the U.S. I remember learning in Economics 100 that the official Canadian and American unemployment rates are not directly comparable, in part because Statistics Canada includes 15-year-olds whereas the U.S. Bureau of Labor Statistics starts at 16. Corak helpfully […]
Read moreMurray Mandryk’s excellent column today saves me the trouble of writing a lengthy blog post on the Saskatchewan government’s recent musings about labour legislation. From an economic perspective, it’s worth noting that enabling unionized workers to opt out of paying union dues would create a classic free-rider problem. Indeed, Wikipedia’s article on this topic uses collective bargaining as an example: […]
Read moreAsked by an anglophone journalist what the Québec students struggle means for the ROC, this is what I had to say. http://cutvmontreal.ca/videos/1102 I’m was among a varied group of people who published a declaration tuesday, on May day, in support of the student movement. One of the main themes of our message was to link the conflict around tuition fees […]
Read moreA shorter version of this article appeared today in the Globe and Mail’s Economy Lab Have you noticed how common it has become to talk about replacing workers with even cheaper workers? If you’re looking over your shoulder, you’re not paranoid; you’re paying attention. There’s probably a cheaper you out there. And in Canada, the feds are helping your boss […]
Read moreI am enjoying Tom Palley’s new book – and would post an enthusiastic review except for the fact that I have been unable to find the time to finish it. Certainly a very clear-headed take on the fundamental economic – and political – transformations that will have to take place if we are to escape global stagnation, or even worse. […]
Read moreThe following is another excerpt from Dr. Ryan Meili’s new book, A Healthy Society: How a Focus on Health Can Revive Canadian Democracy, which fellow blogger Greg Fingas has been discussing. The road to Tevele is red sand and sloppy in the rainy season. The pick- up truck bounces in and out of ruts as we head thirty-some kilometres from […]
Read moreI’ve written before about attempts in Canada to create more separation between university teaching, on the one hand, and university research, on the other. In 2009, I wrote this opinion piece about an attempt by five university presidents to each acquire a larger share of university research dollars. And last year, I blogged here about a proposal for the Ontario […]
Read moreI had a great change of pace last week, when I stayed out at the CAW Family Education Centre at Port Elgin to teach a 5-day course on “Economics for Trade Unionists†through the CAW’s Paid Educational Leave program. While I have guest lectured many times at Port Elgin, I have never actually taught a course there, so this was […]
Read more(The following is from my colleague Angella MacEwen.) The only mention of either men or women in the 400-odd page 2012 Budget Implementation Bill is with regards to the appropriate use of donated sperm and ova. In analysis and discussions of the proposed omnibus bill, differential impacts for women, Aboriginals, racialized persons, newcomers, and *the poor* are frequently left out. […]
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