Archive for the News Category

CONFUCIAN CONTRADICTIONS

  The 21st century will belong to China.  Demographics tell us that, and so have most economic analysts.  China itself has been boldly stating its intention to be the leading nation in technology development, capital markets and global trade.  And before recent slumps in Chinese GDP growth, it sure looked like that was an easy call.  But 2019 has not been kind to the forecast of the rapid and inevitable rise of China to global leadership, and it all comes down to some longstanding and intractable contradictions. Contradiction #1:  China wants to be the leading supplier of hardware to facilitate […]

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CASTER ADRIFT

Say what you will about the gender binary world that people my age grew up in.  Yes, it was myopic, oppressive, small minded and hurtful to many, but it was simple.  That is the attraction of categories; they allow for sorting, which is what we yearn for when we are trying to “sort out” a complex world. That being said, for a time, just sorting things out between the binary genders presented issues.  Take athletics, for example.  In almost all competitions recognized as sports, women were just not competitive with their male counterparts.  Accordingly, sports began as competitions in various […]

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DEMAND SIDE ECONOMICS

Today is the first day of argument in the court proceedings brought by the Ontario government challenging Ottawa’s constitutional authority to impose a carbon tax in this province.  The constitutional question is an interesting one, and it is certainly one upon which reasonable minds can differ.  Unfortunately, the same can’t be said of the public policy arguments against the concept of the carbon tax itself. The court challenge will focus on the important but decidedly wonkish question of whether a carbon “tax” is within the taxing powers granted to the federal government under our Constitution.  On the actual substantive policy […]

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