Europe’s Austerity Implosion

World leaders are doing their best to provoke a global economic downturn of epic proportions. Of course, it is politically hazardous for leaders to admit this. Democratic accountability can be inconvenient when leaders are obsessed with imposing economic austerity policies. The new Euro area agreement provides political cover for these…
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A Left-Wing Productivity Agenda

Statistics Canada released an interesting study today on the slowdown of productivity growth in Canadian manufacturing. Conservative economists tend to view productivity as a microeconomic issue, reflecting the allocation of scarce resources through the market. The way to maximize productivity is to remove taxes, regulations and other “barriers” to the…
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For Some, Arrogance is Bliss

This fall, Margaret Wente discovered people under 40. Woot! Okay, that’s not entirely fair. Given her years of pontificating on topics like the environment, public schools, and the glass ceiling, it’s inevitable that sooner or later she manages, even accidentally, to quote or refer to someone under 40. But an…
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Facts and Evidence versus Threats and Hyperbole: Dissecting Business’ Case Against First Contract Arbitration

The recent debate in Nova Scotia surrounding proposed first contract arbitration (FCA) legislation offers revealing truths about the contemporary relationship between labour and capital in Atlantic Canada.  Arguments recently presented by the business community to the Law Amendments Committee against FCA can be summarized as follows: – FCA could hurt…
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