Monty Pelerin at AmericanThinker had a great column yesterday, where he explains clearly the coming economic collapse: We are headed for an event that history will record as worse than the Great Depression. It is unavoidable… The principal reason for the dire prediction is the level of debt outstanding. Current debt levels are simply not sustainable. …
Category Archive: Business
Sep
29
Spend the $5 Billion to mitigate Climate Change
Today, there was much in the news about the report by the National Roundtable on the Environment and the Economy, which says that the effects of global warming could cost Canada $5 Billion dollars a year by 2020. If you read my post of January 2010, this would be a great deal! We should embrace …
Aug
15
Book Review : Reckless Endangerment
In Reckless Endangerment, Gretchen Morgenstern and Joshua Rosner, both of the New York Times, do a reasonable job of exposing some of the greed and corruption that led to the financial collapse of 2008 and the Great Recession which America finds itself unable to recover from even three years later. I found the exposé of …
Aug
07
Mark Cuban on Patent Law
Mark Cuban has a very good post recommending improvements to the patent law system. While his reference is clearly the US patent system, this applies to most of the patent laws around the world, including here in Canada. I would add one more thing to Mr. Cuban’s short list of fixes. While he focuses on …
Apr
28
The problem with “Alternative Fuels”
I will admit that I am employed in a field that is heavily tied to the energy sector, which may bias me towards it, although I hope not as much as some might think. I am not against alternative energy sources. However, I am against massive government subsidies to force convert us, because the track …
Apr
23
On Taxation and Affordability
Two items in the news/blogosphere over the last week caught my attention and triggered a thought in my mind. The first was the news that a survey by Environics for TD Canada Trust found that 30 per cent of respondents don’t have enough cash to pay for basic living expenses. This was run as the headline …
Dec
21
Ayn Rand, Futurist
Normally, I don’t like to post blatant “I agree” posts that simply point to someone else’s blog, but this time I can’t resist: (Philadelphia Inquirer, 12 Dec 201) Earlier this month, responding to a shortage of chemotherapy drugs in Minnesota, Sen. Amy Klobuchar (D., Minn.) wrote to FDA Commissioner Margaret Hamburg asking that the FDA …
May
12
The big blow ups?
Margaret Wente, in the Globe and Mail this week, writes that we live in an era of big “blow ups” that cannot be stopped. The problem, as I see it, is not that Wente’s smartest people in the world have no idea how to stop it. It is a combination of: People who think they …
Apr
26
We don’t need a new “National Food Policy”
Prof. Ignatieff is proposing that the government get MORE involved in the production and sale of food in Canada, to help farmers, help Canadians eat healthier, and improve exports… Wait, one of the reasons why many Canadian agricultural products aren’t exported is because of the supply management systems that make Canadian dairy, poultry and eggs …