Tag Archives: income
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 […]
Why I’m Not Worried About Italy’s Economy
With all the doom and gloom about Europe’s economy and the debt crisis, some recent statistics from the Italian Central Bank caused me to reflect that despite its problems, the Italian economy is more robust than one might think because of its strong performance when it comes to private wealth.
Stein’s Law and Canadian Health Spending
Health economist Uwe Reinhardt in a recent Economix Blog posting noted the recent rates of U.S. health spending growth for 2009 and 2010 reported by the Centers for Medicare and Medicaid Services were marked as the lowest rate in the 51-year history of the National Health Expenditure Accounts. Indeed, the growth rate for 2009 was […]
Worthwhile Canadian Initiative 
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