The fewer the words, the better the prayer.
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Many economists believe that legal and institutional arrangements are the decisive factor influencing economic development. In this view, nations with secure property rights and contract laws enforced by a judiciary free of government interference will benefit from substantial private investment and experience long-term economic growth and prosperity. A new paper by Peter Blair Henry and [...]
In 2002-2004, almost 5 million Venezuelans signed one or more in a series of three petitions calling for an election to remove President Hugo Chavez from office. After Chavez survived the recall vote of August 2004, the names of those who had signed the final petition were compiled into a database using software called Maisanta. [...]
Stewardship, a Christian financial support charity in the UK, finds that giving has increased three percent during the last six months. Since October last year, some 30,000 Sovereign Account holders with the ministry have donated more than £24 million in support to charities, churches and mission workers. Stewardship Chief Executive, David Jones, said: “Our clients [...]
As widely expected when Newfoundland and Labrador suddenly stole expropriated almost all of AbitibiBowater’s assets in the province, the natural resource multinational has launched a challenge under the North American Free Trade Agreement. Premier Danny Williams expropriated AbitibiBowater’s (TSX:ABH) resource rights and assets in central Newfoundland as a punitive measure for the company’s decision to [...]
I know it’s Easter Monday but, even so, this “news item” has no business on the front page of today’s Halifax Chronicle-Herald. Superstore change is in bag Grocer to alter checkout routine, charge for plastic bags, offer array of reusable sacks Shoppers may notice a slight change to the bagging procedure in Superstores as of [...]
From today’s Labour Force Survey release by Statistics Canada. Read the whole thing.
Barack Obama and the rest of the G20 leaders got the money to do the job. Barack Hussein Obama has now unveiled a plan to save the world. Yes, the entire planet earth. How? By buying up to one trillion of toxic bank loans. Well, maybe not a full trillion—more like one-tenth that amount. When [...]
A wrong-headed column in The Times of London contends that the G20 nations need to get beyond the “false dichotomy” of “free trade versus protectionism”. Noreena Hertz of Judge Business School, Cambridge, notes rightly that Western leaders are hypocritically extolling free trade while implementing protectionist measures on the sly. Then, however, she insists that protectionism [...]
Instead of spending oodles of money it doesn’t have, the province of New Brunswick is stimulating the economy by simplifying personal income taxes and cutting corporate taxes. The government hopes that will make N.B. a more attractive place to live and to do business. The Frontier Centre for Public Policy says the province has “a [...]
Historian J. Wesley Bush, who blogs at Russian Policy Daily, translates portions of an interview with the head of Russia’s Family and Childhood Foundation. Note the bit on forced abortions (emphasis added). Chastnyi Korrespondent has an interview with Sveta Rudneva, head of the “Family and Childhood” foundation of Russia. Like many Russians, she’s worried about [...]
Because, as we all know, women never spend more than they earn. That inane claim was made by a co-host of a morning TV talk show in Britain.
In response to an estimated annual loss of $12 million in beer sales to Quebec, Alcool New Brunswick Liquor (ANBL) floated the monumentally bad idea of marketing its own cut-price brand of beer. Proving that no scheme is too foolish for government to implement, socialised suds hit ANBL shelves today. I thought Guv’mint Swill™ would [...]
As an example of a wealthy celebrity prone to bizarre outbursts, consider Sir Bono. Perhaps the best-known, and certainly the loudest among them, is U2′s Bono. His efforts have won him an honorary British knighthood, no fewer than three Nobel Prize nominations and the adulation of Tony Blair. Yet one of Bono’s most significant outbursts [...]
One reason why the stock market is nose-diving, says economist and foreign policy expert Phil Levy, is that investors are realising that Obamanomics could bankrupt the United States. The idea of a U.S. government default has recently gone from “unthinkable” to close to 10 percent over the next five years. […] [T]he United States has [...]
Why are Republican responses to President Obama’s economic plan so anemic? Because Republicans are unwilling to address the root cause of the financial crisis, says Asia Times columnist Spengler. Writing at First Things blog, he cites a recent economic analysis arguing that a significant portion of the US housing market will never recover because baby-boomer [...]
