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 […]
Read moreThe CCPA released today a study by Osgoode Hall tax professor Neil Brooks and York’s Thaddeus Hwong called The Social Benefits and Economic Costs of Taxation: A Comparison of High and Low-tax Countries. The study compares 50 indicators of social and economic performance. The full study is available here and a condensed summary follows: Tax levels in Canada have always […]
Read moreWhaddya make of Jeffrey Sachs these days? He was the guy, was he not, who brought free-market shock therapy to Russia and Eastern Europe. But today he is out there championing the virtues of the welfare state. Here’s a recent missive from no less than Scientific American (Oct 16 2006 edition). It sounds just like what me and Marc Lee […]
Read moreChallenges Facing the Canadian Manufacturing Sector – Interim Report of the House of Commons Standing Committee on Industry, Science and Technology http://cmte.parl.gc.ca/cmte/CommitteePublication.aspx?COM=10476&Lang=1&SourceId=149639 This short report briefly analyzes some of the dynamics behind the manufacturing crisis, and summarizes policy recommendations presented to date (mainly by business associations.) It reveals some interesting tensions within the “business community.†The key factors behind the […]
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