Pay-as-you-drive auto insurance

Dean Baker makes the case below. I think this is a good way of internalizing the external costs of driving, including CO2 emissions and other nasty stuff. And in the case of BC and a few other provinces, it would be easy to implement via public auto insurance monopolies. In and of itself, however, I don’t think it gets us […]

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IPCC: Feeling the heat

Overall, the UK coverage of IPCC 4 has had an urgency beyond what we are seeing in the Canadian papers (who are, to be fair, much better than they used to be on this mother of all issues). From the front page of The Independent, a paper not known for its alarmism: UN delivers definitive warning on dangers of climate […]

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Denial on the eve of IPCC 4

The Guardian has an edgier take on the story posted earlier today. Check out the reference in last paragraph regarding a certain Canadian think tank. Scientists offered cash to dispute climate study Friday February 2, 2007 The Guardian Scientists and economists have been offered $10,000 each by a lobby group funded by one of the world’s largest oil companies to […]

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Is NAFTA’s Chapter 11 constitutional?

A colleague emailed me a submission to the Supreme Court of Canada seeking to have them interpret whether the investor-to-state dispute settlement regime of NAFTA (in Chapter 11) is in violation of the Charter of Rights. We will know in a few months time whether the highest court in the land will hear this appeal of a decision made by […]

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Affordable housing and urban design

Last Fall, in my capacity as a member of the Vancouver City Planning Commission, I helped organize a conference on affordable housing from a longer-term urban planning perspective. The final report is now available here. It features a summary of what happened at the conference, written by yours truly, but also contains lots of great visuals that were developed and […]

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BC solutions budget 2007

Yesterday, the BC office of the CCPA released our annual alternative provincial budget, which we call the BC Solutions Budget. It is hard to keep these things fresh when the government does not listen year after year. Mostly, we harp on the fact that the budget estimates have become so conservative that they are off by billions come fiscal year […]

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Drug policy and maintenance programs

Vancouver is suffering from a plague of poverty, homelessness, drug addiction, mental health issues and crime. The good news is that all of these are inter-related, and that senior governments have the funds to make a difference. So with the Olympics coming is just three years, the political culture of neglect is showing signs of activism. Vancouver’s Mayor Sam Sullivan […]

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The price of gas

I am in Ottawa, where the price of gas is 78 cents per litre. When I left Vancouver a couple days ago, the price of gas was $1.05 per litre. Would someone please explain to me how gas prices could be so different, especially given that BC is right next to Alberta. Is it that Ontario is consuming middle east […]

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The windstorms of political change

The status of the environment as the new top issue of 2007, and the coming federal election, is now uniformly accepted in the popular media. PM Stephen Harper is belatedly and desperately rolling out some “new” environmental initiatives (or reintroducing initiatives they previously had canceled) to try to out-green former Environment Minister, Stephan Dion. I doubt this will work, as Harper is going to have […]

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Toronto Star: Waging war on poverty

The latest from the Toronto Star “war on poverty” series. Here is David Olive:   A constant state of dread TheStar.com – News – A constant state of dread If the poor weren’t so conveniently invisible, maybe we’d come to our moral senses and devise a national strategy for eliminating poverty. But the one in six Canadians trapped in poverty […]

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Philanthropy and the super-rich

Philosopher Peter Singer asks what the super-rich should give in order to reduce global poverty. Drawing on Piketty and Saez, Singer finds that doing the right thing would barely be noticeable to their standard of living. From New York Times Magazine: What Should a Billionaire Give – and What Should You? By PETER SINGER December 17, 2006 The rich … […]

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Prosperity and sustainability

UBC’s David Boyd takes on dinosaur-in-chief Terence Corcoran on the nexus between environment and economy, and Canada’s lagging rankings: Old ideas produce heat, not light … The myth that nations must choose between economic prosperity and a healthy environment has been conclusively debunked.Countries including Sweden, Germany, Denmark and the Netherlands are similar to Canada with respect to per capita incomes, […]

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Is globalization in retreat?

Walden Bello, of Focus on the Global South, says yes: Globalization in Retreat Walden Bello When it first became part of the English vocabulary in the early 1990s, globalization was supposed to be the wave of the future. Fifteen years ago, the writings of globalist thinkers such as Kenichi Ohmae and Robert Reich celebrated the advent of the emergence of […]

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Chavez to nationalize electricity and telecom

I recently read somewhere a commentary that Venezuela’s Hugo Chavez was not really that radical, that his populist rhetoric was largely limited to expanding social programs for the poor, and that behind the scenes he was still playing nice with US businesses. Unfortunately, I seem to have lost the link to that article. Perhaps Chavez’s latest announcement will alter that […]

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Akerlof’s AEA lecture

In his presidential address to the American Economics Association, Nobel laureate George Akerlof points to a new agenda for macroeconomics, rooted in more realistic assumptions about human behaviour. Below is the abstract and introduction. The full paper is here. Economist’s View’s coverage also includes a New York Times article that interviews Akerlof about his views (here). The Missing Motivation in […]

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The CWB and consumers

Stephen Gordon wonders whether eliminating the Canadian Wheat Board would be of benefit to consumers: The Canadian Wheat Board: Won’t anybody think of the consumers? The Canadian Wheat Board – a cartel for Canadian wheat producers – is experiencing the sort of troubles that all cartels have to deal with at some point or another: some of its members believe […]

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Vista’s Little DRM’r boy

Andrew Brown says the dark side of Microsof’s new Vista operating system is a nasty digital rights management system. Oh the relentless greed of the movie industry. In cahoots with Microsoft they are seeking to guarantee their billions in profits and to ensure Tom Cruise can continue to make $20 million a movie. Making the upgrade I have no need […]

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Can the US emulate single-payer health care?

Where I live in BC, the provincial government is doing its best to subtlely undermine public health care, rather than make the reforms countless commissions have recommended to make the system better. A full frontal assault is not possible due to the continuing popularity of a public model, but perhaps they think that if they mismanage the system enough and […]

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Happy New Year

Best wishes to all for 2007. Thanks to all who stop by the RPE blog to read and add their comments to articles and stories we think are important. This blog began in June 2006 with me starting to post items of interest, but without really telling anyone about it. It gained strength over the Fall once more bloggers joined […]

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Stiglitz on Galbraith and Friedman

A nice summary of the legacies of Galbraith and Friedman, with a strong plug for Galbraith and what the economics profession lacks due to his death. I should note that the Progressive Economics Forum will be creating a John Kenneth Galbraith Prize at this year’s Canadian Economics Association meetings. Jamie Galbraith has given his backing and will be in Halifax […]

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Economic effects of unions

Given some recent discourse on unions in our comments area, I decided to reach back to a fairly comprehensive literature survey on the empirical evidence about unions. The report comes not from the CCPA, CAW or CLC, nor does it come from the ILO, but from the World Bank. It is a rather weighty tome, published in 2002, and can […]

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Subsidies in the oil patch

Eric Reguly on the Accelerated Capital Cost Allowance and Big Oil, from today’s Globe: Oil sands may be federal Tories’ Achilles heel … For the opposition parties, the beauty of the oil sands is that you can point to them. The visuals are appropriately disturbing. You can see the gaping holes in the earth, you can measure the water flows, […]

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Scientists call for action on toxic chemicals

A letter to the Prime Minister from Scientists For A Healthy Environment, which doubles as an effective critique of the Canadian Environmental Protection Act: Dear Prime Minister, We are writing to encourage your Government to make significant improvements to Canada ‘s overarching pollution law, the Canadian Environmental Protection Act (CEPA). Canada has a growing pollution problem that is a threat […]

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Time to Nationalize Ticketmaster

I balked at purchasing some tickets this weekend because of the rapacious service charges of Ticketmaster. The cost of the tickets was already pretty high, at $38.50, but that just seems to be the going rate these days. Generally, I do not begrudge the escalating cost of live performances because artists make most of their money this way, and the […]

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TILMA’s fuzzy math

BC and Alberta signed a new agreement earlier this year to reduce interprovincial barriers to trade. The Trade, Investment and Labour Mobility Agreement (TILMA) is due to go into effect in April 2007. Apparently Saskatchewan and Ontario are now considering signing on as well. While it is widely believed in business circles that there exist large barriers to trade within […]

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Regulating toxic chemicals

“Canada’s New Government improves protection against hazardous chemicals” says the press release. This item fits in the “ounce of prevention” file, but is also another one for the “opportunistic Harper government” file.On prevention, Canada has been slowly getting its act together with regard to the growing evidence that thousands of untested and unregulated chemicals in the environment are connected with […]

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Fighting crime through social services

Another piece for the “ounce of prevention” file. Poverty, homelessness and crime in BC have gotten bad enough that business leaders are starting to call for action. Thus far, the call has been more cosmetic, as in “get these bums out of my doorway” and “panhandlers are bad for tourism”, but it is a start, I suppose. Now the Premier’s […]

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The “net debt” sleight-of-hand

The Vancouver Sun’s Harvey Enchin comments on Finance Minister Jim Flaherty’s net debt elimination plan, pointing out some nuances in changed accounting practice around the concept of “net debt”:   When Finance Minister Jim Flaherty vowed to wipe out Canada’s net debt by 2021, many people heard something else. They thought he had made a pledge to pay off the […]

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