Category General
Living Longer…and Longer….
The OECD Health Data 2013 final update numbers are out and for the first time average life expectancy at birth in the OECD countries (numbers for 2011) exceeds 80 years at 80.1. This represents a gain of ten years since 1970. When life expectancy for men and women at age 65 is examined, there are […]
Earnings in the “Good Old Days”
The last two times I’ve taught my quantitative economic history course, I have assigned a micro-data collection project based on the 1901 Census of Canada. All in all, this data collection was a good experience for the students given they got some direct experience collecting primary data, coding it and then analyzing it. Moreover, I […]
Population Apocalypse and Apocalyptic Populations
As part of my summer entertainment, I read Dan Brown’s most recent novel – Inferno – which features a bio-terrorism plot involving the release of a virus designed to cause sterility in one-third of the human race in order to control overpopulation. The novel highlights a neo-Malthusian “Population Apocalypse Equation” which argues that the “sustainable […]
Can IKEA Stay Profitable?
As part of moving my daughter into her new abode last week, I had an experience with IKEA, which got me thinking about whether the giant furniture retailer can continue its high growth and profitability. Everyone is of course familiar with the basic approach used by this very successful company. IKEA provides innovative, stylish low […]
Wealth, Religion and Inequality
In nineteenth century Canada, religion was a very important institutional and social force and via its social networks affected employment opportunities and ultimately income. Via both direct and indirect effects, religious affiliation invariably affected asset accumulation and wealth and by extension must also have affected wealth inequality. Indeed, when it comes to examining the wealth […]
A Brief Retrospective on the Public Sector
What better way to mark the eve of the Canadian Civic Holiday weekend than with a quick civically engaged overview of the growth of the public sector from a historical perspective. In his 2011 Governments versus Markets: The Changing Economic Role of the State, Vito Tanzi provides a table on general government expenditures as a […]
Does the End of Growth Mean the Rise of Inequality?
Classical economics argued that eventually a stationary state or the end of economic growth was going to be reached but they did not forsee the technological change of 19th century industrialization. The result was income and wealth growing by leaps and bounds. However, yet another paper – this time by Thomas Piketty and Gabriel Zucman […]
Mourning Detroit
Well, I have never been to Detroit and have only glimpsed it live from across the river in Windsor once. Yet, its bankruptcy has caught my interest because for the longest time in Thunder Bay we used to get our cable feed from Detroit (they then shifted away a few years ago to Minneapolis) and […]
The National Dream’s Economic Legacy
The completion of the Canadian Pacific Railway (CPR) in 1885 was more than an impressive engineering achievement; it was also a significant joint economic undertaking by the public and the private sectors and a key ingredient in Canadian nation building as it provided the east-west transport corridor that made the Canadian west an investment frontier. […]
Animal Spirits?
I suppose it is a little early for news stories that characterize the dog days of summer but a recent CBC item on Prairie Dogs certainly caught my attention. Prairie dogs are social animals that live in cooperative groups and apparently they have relatively sophisticated language. According to the story, via their chirps they are […]
Worthwhile Canadian Initiative 
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