I was talking about carbon pricing and BC’s carbon tax recently and Michael Byers asked me about the prospects for a progressive carbon tax in terms of its rate structure. My first answer was that I liked the idea but was not sure how that could work in practice; that is, tax carbon and deal with inequality through the income […]
Read moreToday’s Globe and Mail features an article about the farming crisis in Canada. On close inspection the “crisis” is that Canada has not kept up its share of the global marketplace; that is, it is about our failure to increase exports. Low farm incomes are mentioned with nostalgiac dismay but nothing of the large transnational companies that dominate seeds and […]
Read moreThe International Energy Agency released its World Energy Outlook the other day, and made some headlines by calling 2006 the year of peak oil production. People have different perspectives on the topic of peak oil – many see it as the point upon which civilization as we know it will collapse; with my climate change hat on, I’ve generally thought […]
Read moreMost people reading this blog already get it that neoclassical economics is deeply flawed. But I’m still amazed at its persistence in the classroom and in the blogosphere. My blood boils when I see the standard neoclassical workhorse brought out of the stable when really it ought to be put to pasture. In a nutshell, neoclassical modeling ignores market failures, […]
Read moreOur latest Climate Justice Project report, Every Bite Counts: Climate Justice and BC’s Food System, has been unleashed on the province. I have to admit that this was one of the most challenging research projects I’ve ever been part of – the food system is complicated, and overlaying climate change and social justice issues added to that complexity. Thankfully, I […]
Read moreA recent story on offsets reported in the Tyee caught my eye. In a nutshell, a residential subdivision development on Denman Island was prevented from going ahead in part because of the magic of carbon offsets. First of all, more conservation by preventing this type of development is a good thing. But in what way is this an offset? To […]
Read moreI just got back from a conference in Geneva where I was asked to speak to trade unionists from around the world about our BC climate justice project. In addition to this great opportunity to share information about green jobs and climate policy with a friendly audience, it was also an eye-opener to be in Europe for a little while. […]
Read moreToday CCPA released a new report by myself and Ken Carlaw, an economist at UBC-Okanagan, called Climate Justice, Green Jobs and Sustainable Production in BC. I doubt you’ll see any headlines about it in the major news dailies, but I think it will have a longer-lasting impact as a key economic framing piece for our Climate Justice Project. In the […]
Read moreBC’s carbon tax was supposed to be “revenue neutral”, meaning all carbon tax revenue would be “recycled” to British Columbians through personal income tax cuts, corporate income tax cuts and a low-income credit. When the 2008 budget launched the carbon tax, we were provided with a forecast that had revenues precisely match recycling through tax cuts and credits, with about […]
Read moreIf there was truth in news reporting, the Globe’s “report” on private schools (Sept. 14) would be labeled a “special advertising supplement”. It is essentially a cheerleading exercise for private schools, funded by advertising from private schools, so you’ll find no news in this report. Which is too bad because the topic of private schools merits some real journalism about […]
Read more… The Labour Day issue of the Vancouver Courier. It even had a story I was interested in, a lead article on local food, and another on the sustainability of fisheries. Good on small-scale independent journalism, I thought, until the moment I took off its rubber band to reveal an inch-thick pile of glossy inserts. Sure, all newspapers are guilty […]
Read moreFor those involved in social change work, these days can be frustrating ones. Just as the neoliberal order of tax cuts, deregulation, resource extraction and free trade seems to be maxed out, like the Energizer bunny it keeps coming back. Meanwhile, progressive forces (academics, unions, NGOs and political parties) can give a good fight from time to time, but overall […]
Read moreIt has been a while but this week climate change is back in the news cycle. The front page of today’s Globe reports on the latest climate impacts tally: The report … concluded 2000 to 2009 was the warmest decade ever, and the Earth has been growing warmer for 50 years. Each of the past three decades – 1980s, 1990s […]
Read moreThe Spirit Level: Why More Equal Societies Almost Always Do Better, by Richard Wilkinson and Kate Pickett, is an important book. It is not a huge tome, as one might expect from such a broad topic, weighing in at just 265 pages of text (including lots of figures mapping inequality against some health and social statistic, and some clever cartoons). […]
Read moreWith summer comes a lightening of my work load, so I’ve finally found some time to dive into a few interesting books. These are all related to my ongoing research interests (I do have some fiction sitting around waiting for a real holiday, with Barbara Kingsolver’s The Lacuna at the top of the pile): The Story of Stuff by Annie […]
Read moreA few years ago an important study, by Marc Frenette, David Green and Kevin Milligan, Revisiting Recent Trends in Canadian After-Tax Income Inequality Using Census Data, was published by Statscan. It did not get much profile but its implications for the current census debacle are startling. The authors summarize: … [E]xisting data sources may miss changes in the tails of […]
Read moreThe BC government has released its final estimates of the cost of staging the 2010 Winter Games, highlighting the problems this government has with telling the truth (other examples include the 2009 pre-election fudge-it budget, and the HST). The Tyee reports: British Columbia’s government spent $325 million more on the 2010 Winter Olympics and Paralympics than originally promised. The $925.2 […]
Read moreUnder the “we told you so” category, I am filing the BC public accounts for 2009/10. The province closed the year with a deficit of $1.8 billion. As Will McMartin comments in The Tyee: … B.C.’s public accounts for the fiscal year 2009/2010 conclusively prove that the pre-election fiscal plan foisted on British Columbians by Premier Gordon Campbell and his […]
Read moreOn a weekend getaway to Washington state, I was alarmed at how much cheaper gas prices are south of the border. Typically, we paid $3 per gallon, whereas the price in Vancouver upon our return was $1.16 per litre, which is $4.39 per gallon (with the exchange rate roughly parity over the weekend). This is an astonishingly large price difference, […]
Read moreWith all of the attention focused on the HST implementation on July 1, most people seemed to miss the next increment of that other much-hated tax, BC’s carbon tax. As of July 1, the carbon tax is now $20 per tonne of CO2, or about 4.6 cents on a litre of gasoline. And like any two-year old, this toddling tax […]
Read moreAt the end of May in Quebec City at the annual Canadian Economics Association conference, the PEF awarded the second John Kenneth Galbraith Prize in Economics to John Loxley. Below is the full text of John’s Galbraith Lecture (pdf version with proper footnotes and formatting here). Congrats again to John for a lifetime of amazing work! Also, thanks to one […]
Read moreI’m happy to be in Vancouver not my home town of Toronto right now. Turning Toronto into a police state for a few days at the cost of $1 billion hardly seems like a good use of public funds, especially when we know the final communique will preach fiscal belt tightening. But what does $1 billion of security look like? […]
Read moreAfter watching yet another 0-0 draw, my excitement for the World Cup is more muted than when things kicked off a week ago. In part, it was dismal play by my home squad, England, but it’s deeper than that. Coming right off the Stanley Cup playoffs, even the drama of international competition can only somewhat backfill a gaping hole: this […]
Read moreThanks to Marc Lavoie and Mario Seccareccia, from the University of Ottawa, who oversaw and judged our essay contest for 2010. And also thanks to the entrants to this year’s competition, as Marc and Mario reported a record number of entries and a very high quality of writing. Here are the winners: Undergraduate Winner ($500 Prize): Rob Konkel, University of […]
Read moreA guest post from PEF Steering Committee Marc Lavoie of the University of Ottawa: Tax the very rich and solve the PBO problem Among the dozen or so sessions I attended at the meeting of the Canadian Economics Association last week-end in Quebec City, one was devoted to the forthcoming fiscal crisis and another to income inequality. Kevin Page, the […]
Read moreFor years we have been asking Stephen Gordon to provide the evidence for lower corporate taxes. Like Stephen I like the Nordic model and take away from it that tax mix matters, so funding a large public sector may require more than taxes on “people we do not know†(ie corporations and the rich), so consumption taxes need to part […]
Read moreHi all, Last time I was in Quebec City, I got tear gassed by my government during the 2001 Summit of the Americas. I’m sure next week’s trip for the CEA conference will be much better than that. In fact, we have an amazing line up of panels, including a new Galbraith lecture from this year’s winner, John Loxley. Thanks […]
Read moreThe CCPA released a report of mine, critiquing federal regulatory policy. Called Canada’s Regulatory Obstacle Course, the brief looks at the latest development in federal deregulation, the Cabinet Directive on Streamlining Regulation (CDSR, announced in the 2007 budget), but situates it in the context of ongoing deregulation that has been underway since the 1980s. The CDSR is pernicious because it […]
Read moreI have a short Climate Justice publication out for Earth Day today, looking at the breakdown of greenhouse gas emissions by income quintile in BC, then asking what is fair when it comes to mitigation policies. I draw on some fairness criteria from the international literature on fair emission reductions, and test out two stylized alternatives to meet a one-third […]
Read moreThe Guardian has done a great service by developing and putting on-line this cool carbon calculator. It is a visualization tool that lets ordinary folks, and politicians (as there is an election campaign on right now), plug in their choices about how to meet GHG emission targets. They even share the back end spreadsheet, so we may have to mash […]
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