Monthly Archives: August 2010

Double-dip risks: Update

This post was written by Simon van Norden of HEC-Montréal. About a month ago I mentioned my scepticism about the high odds that some forecasters were assigning to the risks of a “double-dip” recession in the US. I summed up that post this way:

The Liberal Party and Neoclassical Economics

A quote from a recent Liberal Party report on the oil sands Yet oil sands development is accelerating. It is as though the oil sands have been, and are being, developed within the confines of a neo-classical political and economic mindset that ignores externalities – in this case, the cost of economic development on the […]

Is plastic surgery a human capital investment?

Tetesaclaque's little video "The Secretary" or "La Secretaire" poses a rarely asked question: is plastic surgery a human capital investment? Human capital is typically defined as any investment in education or training that increases a person's productivity.

The market for textbooks: do economics professors practice what they preach?

Economics textbooks extol the virtues of competition. But the market for textbooks is anything but competitive. A professor typically requires students to buy a specific textbook. Even if that text is available from sellers such as amazon.com, students may not discover which books are required until the first day of classes, by which time it […]

The census issue won’t go away. Ever.

The government modified its census position yesterday. Unfortunately for the cause of responsible government, these changes don't alter the situation much – but they do illustrate the vapidity of the government's stance.

Unpaid work and the census: who cares?

In the 1990s, women's groups around the world lobbied for greater recognition of unpaid work. They argued that governments should document the work that women do, and include its value in national income accounts and GDP measures. In Canada,  Carol Lees refused to complete the 1991 Census because the question "when did this person last […]

Should the OLG get into the pot and prostitution rackets?

From today’s Toronto Sun on the Ontario Lottery and Gaming Corporation (OLG): Ontario’s hoping to hit the jackpot with online gambling. After years of dwindling attendance at its traditional casinos, the Ontario Lottery and Gaming Corporation (OLG) is moving into Internet gambling… Why is the government considering doing this? The article gives a few reasons:

Should EI benefits be extended again?

One thing I didn't mention in the discussion of Canada's exit strategy was the question of the extension of Employment Insurance benefits. Last September, the House of Commons voted for a temporary extension in the duration of the eligibility period, and this temporary measure is set to expire next month. The US just passed a […]

On Canada’s exit strategy

In my previous post, I noted that the Canadian economy was moving towards the end of the recovery phase of the recent recession. But what exactly does that mean in terms of a shift in the government's policy stance? And just when should that shift take place?

These are not the libertarians you are looking for…

In the last 24 hours the Sun chain has published two staunchly anti-libertarian editorials, which is a little surprising given the events of the past few weeks. I will link to them under the fold. My purpose for doing so is not at all to bash the Sun or libertarians – rather it’s used as […]