Tag Archives: natural resources

Natural Resources, Living Standards and Inequality

Kevin Milligan had an op-ed in the Globe and Mail a few days ago drawing the link between natural resource development, middle class incomes and inequality.  The point essentially was: “Without income derived from the resource boom, Canadian inequality and the well-being of the Canadian middle class would be much worse than we’ve experienced.”  The […]

Resources and the Economic Future

Well, it was one of those interesting coincidences.  Natural Resources Minister Joe Oliver unveiled new figures generated by Natural Resources Canada that apparently demonstrate that natural resources account for almost 20 percent of economic activity in Canada.

People of Plenty

American historian David Potter’s book People of Plenty argued that resource abundance shaped the American attitude towards possibility and opportunity.  Abundant resources set the stage for wealth accumulation and created a society that believes that everyone can become rich through their own work and effort and that initiative and opportunity are the key to social […]