Category Archives: Economics, social and commercial policy

By social policy, I generally mean transfer and tax policies for individuals and families, as well as various regulations that influence their economic decisions (or scope of functionings and sphere of political possibilities). Trade policy is trade policy, which will involve lots of game theory from political science for the international negotiation side of things. Classical structures from economic theory generally provide a good baseline that can be the basis of discussion of externalities and other market imperfections. Some more technical stuff might creep in here.

Decimal-place-free economic analysis of effects of Trump protectionism of imports and exports (and thus jobs)

Via Project Syndicate, from the guy who a decade was arguing against all opposition that globalization was not an inevitable thing that could not be reversed, and that in fact states have powers to make decisions that influence such things. … Continue reading

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Good news for net neutrality in Canada. Following consistent and ongoing efforts by Open Media to ensure that the general public is well represented on this issue, another effort by internet service providers to transform consumers and content creators into … Continue reading

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Differing shades of hypothetical in good/bad payday loan presentations

Some people defend payday loans on the premise that people know best for themselves. I like this thinking. But compare two hypothetical scenarios. Hypothetical scenario 1: a) Guy orders drink at bar with last money, b) Guy goes to get … Continue reading

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Another way to describe the end of independent aerospace capacity among most of the wealthiest and most advanced nations

A unified fighter jet platform. Unified. Means we are toothless if you (USA) decide so on a timeframe of 20 years not 1 or 5. Anyways, all I need to know is the sales pitch. It’s really a “get in … Continue reading

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“Authoritarianism” should not get credit for catchup growth

“Authoritarianism” should not get credit for catchup growth. If that does not make sense to you, read up about the Solow Model and variants thereof. If you do not understand the Solow Model (nearly the simplest possible presentation of how … Continue reading

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Do Americans give a shit about the world?

As one of the only countries with high persistent of a relevant political force which denies global warming and promotes policies that would further it … what might one read out of this situation aside from the immediate observation that … Continue reading

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Lead Economist in the research department of the African Governance and Development Institute debunks for main anti-immigration arguments for EU

To start with, the fact that these four arguments against immigration can be easily debunked does not therefore imply that the debate is open and shut. The full article is here. 1) Loss of Christian values 2) Undermining liberal democratic … Continue reading

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The USA could build high speed rail between every city over a million, or buy 10,700 F35s per year, with the savings (!) from changing to universal public health care

Canada health care: 11% of GDP. USA health care: 17% of GDP. Canada average results: higher in almost all categories (data.worldbank.org is an easily accessible source on this for a variety of indicators). USA economy: $17.9 trillion. Potential annual savings … Continue reading

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Luring the working poor to vote against their interest, episode #21038740321 (2017 Canada budget)

“If you … take the bus … and when you get home you like to have a beer, well both of those things are going to cost you more” – Rona Ambrose, Party Leader, Conservative Party of Canada Putting billions … Continue reading

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Extremely concise statement on why it is good for the economy to spend taxpayer dollars on basic sciences research that will often not pay off, and when it does is generally a long time from now

According to MJ Boskin, former economic adviser on George HW Bush’s Council of Economic Advisers: Private markets invest too little in basic science,” he writes, “because private investors are unable to appropriate the returns. More at Project Syndicate At one … Continue reading

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