Why a universal basic income falls short

And what we can do instead

Why a universal basic income falls shortIn a country as rich as Canada, no one should have to go cold or hungry. But is universal basic income the answer? Income assistance and other programs provide for almost all of the poorest among us, although some always slip between the cracks. No one would describe the level of support as generous, nor…

How to create more affordable housing to meet rising demand

Housing regulations often limit people to Tesla-level homes or nothing

How to create more affordable housing to meet rising demandI’m an economist, so I’m not flattered by those who say you could teach a parrot to be an economist. The bird would need to know only two words, the joke goes: supply and demand. When the supply of any good or service increases, its price goes down. If the supply decreases or is less…

Questions you need to ask before you cast your ballot

We accept that the world intervenes in any plans for the future but we must still decide who gets our vote

Questions you need to ask before you cast your ballotThe 2021 federal election is upon us. In Canada, we’re blessed to have fair elections, the results of which are peacefully implemented – so don’t forget to vote. There are many nations where people can’t vote. There are many more where their vote doesn’t matter because tyrants have predetermined the results or will use violence…

Three things you only learn as an entrepreneur

It’s up to you to bring in clients. The buck stops with you if your employees fail to perform

Three things you only learn as an entrepreneurStarting your own business teaches you things you’ll never learn in a job. Here are three of them: Where the money comes from As an employee, you can expect your paycheque to arrive every week or two without fail, even if you’re sick or on vacation. At one level, you realize the money comes from…

Can we afford $10-a-day childcare?

The simple answer is no

Can we afford $10-a-day childcare?Providing quality care for preschool children is a good thing. Children learn to socialize in groups beyond their family. They acquire the skills and readiness that will allow them to succeed in elementary school and later in life. With children well looked after, all parents are free to take jobs or pursue careers contributing to…

Creating better universities for a vibrant economy

Universities have become scary places for any student who doesn’t share the views of the minority

Creating better universities for a vibrant economyUniversities have changed drastically since the beginning of the 20th century. And more change is needed. Universities had already evolved from their role as places where sons (not daughters) of the wealthy and noble could acquire some of the traditional culture needed to retain their status in the leadership positions they were destined for. Practical…

Damned if you do: the thorny decision to remove hydro dams

Dealing with only one side of an issue – whether it’s migrating fish or electric cars – can generate more problems than it solves

Damned if you do: the thorny decision to remove hydro damsEconomists often talk about over-constrained problems. These are situations where there are so many goals to be reached and/or so many limitations that it’s impossible to find a solution that meets all requirements. Contrast this with advice often given to politicians to never talk about anything that can’t be fully described on a bumper sticker.…

Why I chose to celebrate Canada Day

Let’s fix what needs fixing but appreciate what we have

Why I chose to celebrate Canada DayI celebrated Canada Day. I took the day off from work. I wore red and white. I enjoyed a barbecue with friends. I’m very glad I live in Canada. Sad, tragic things have happened in Canada. A catastrophic event has been defined as one where little children die and we’re uncovering evidence of such catastrophes…

It’s not easy being green but we can get there

Wind and solar power won't magically eliminate the threats to our environment

It’s not easy being green but we can get thereBaruch Spinoza, a 17th-century philosopher, said the future and anything we can say about it is imaginary. He was right. Despite our best efforts to foresee what the future will bring, we really don’t know what is forthcoming until the future becomes the present. The challenge of climate change has focused our attention on what…

How to manage the post-lockdown search for workers

Available workers are rarer than openings now. Smart business people will start making adjustments so we can all enjoy some prosperity

How to manage the post-lockdown search for workersAt last we’re beginning to see beyond the pandemic to a return to more normal times. Businesses are reopening. Corporations have capital to invest and are starting to do so. Thanks to government support during the pandemic, many people have savings to spend. The combination of a liberation from lockdown and all these available funds…
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