Current Events, Climate change
No president has divided public opinion more than Donald Trump. Many find him personally obnoxious, irresponsible and harmful to the U.S. and the world. His supporters however, see him as a breath of fresh air who is “making America great again”.
Personally, I am not an admirer of Trump but I think that it is beneficial to play the “devil’s advocate” and try to look at his record in his first two years in as positive light as possible. Continue reading “Trump’s Achievements”
The Financial Post identified $129 BILLION of resource projects which are held up by:
What is the cost to the economy of these delays? In this blog I will try to quantify the cost of this to the Canadian economy (as measured by its GDP) over the next 20 years. Continue reading “The Cost of Opposition to Resource Development”
There has been much discussion about raising the minimum wage, with proponents claiming it will improve the lives of the working poor and reduce “inequality” and opponents claiming it will reduce employment, making the poor worse off.
Classical economic theory claims that raising the minimum wage (or instituting it where there is none) will lower employment.
Closer examination suggests that a higher minimum wage will lead to increased inflation, some job losses, increased economic growth and reduced inequality. Continue reading “Can Raising the Minimum Wage Boost the Economy?”