andwhyisthat.ca

And Why is That?

Thoughts about Guelph, Ontario, Canada, and the World. Ideas on underdeveloped countries. These columns originally appeared in the Guelph Mercury. May - Is it Time to start Worrying about Government Deficits? November - There's Lots we could Learn from China. October - Hope I'm Wrong About This. August - What Really Matters? May - Is Canada right to reject the bank tax? April - Are equalization payments really too high? February - We Could have been Greece. January - Demystifying the HST.

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And Why is That? | andwhyisthat.ca Reviews

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Thoughts about Guelph, Ontario, Canada, and the World. Ideas on underdeveloped countries. These columns originally appeared in the Guelph Mercury. May - Is it Time to start Worrying about Government Deficits? November - There's Lots we could Learn from China. October - Hope I'm Wrong About This. August - What Really Matters? May - Is Canada right to reject the bank tax? April - Are equalization payments really too high? February - We Could have been Greece. January - Demystifying the HST.

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And Why is That? | andwhyisthat.ca Reviews

https://andwhyisthat.ca

Thoughts about Guelph, Ontario, Canada, and the World. Ideas on underdeveloped countries. These columns originally appeared in the Guelph Mercury. May - Is it Time to start Worrying about Government Deficits? November - There's Lots we could Learn from China. October - Hope I'm Wrong About This. August - What Really Matters? May - Is Canada right to reject the bank tax? April - Are equalization payments really too high? February - We Could have been Greece. January - Demystifying the HST.

INTERNAL PAGES

andwhyisthat.ca

1

Greece

http://www.andwhyisthat.ca/2010-02-19-Greece.html

WE COULD HAVE BEEN GREECE. The Greek government is in trouble. Years of spending more than it took in have come back to haunt it. The situation was not helped by the creative accounting used to disguise the problem. Canada could have wound up a lot like Greece. Back in the 1970's and 80's, our national debt, too, was running out of control. A sudden, self-reinforcing loss of confidence by investors in the ability of our government to pay its debts was becoming more and more likely. If the world had lost ...

2

What really matters?

http://www.andwhyisthat.ca/2010-08-17-inequality%20and%20wellbeing.html

It often seems to be assumed that the appropriate measure of a country's economy is its per capita gross domestic product, its productivity, or some other measure of the total value of the stuff that is produced per person. Policies are judged by what effect someone thinks they will have on such measures. The goal of any policy must be to produce ever more stuff better and faster. That's called economic growth. Simply showing that two things are correlated like this does not prove that one causes the oth...

3

We could learn from China

http://www.andwhyisthat.ca/2010-11-20-China.html

THERE'S LOTS WE COULD LEARN FROM CHINA. It seems to be all the rage these days to blame China for our ills. Supposedly, China is stealing our jobs. It is using unfair currency manipulation. These attacks are especially loud in the U.S., where accusing political opponents of being soft on China became an election weapon. But you can also hear such accusations here. The big picture of which China's rise is a part is well captured in the words of economists Diego Puga and Anthony Venables: .development ...

4

WHY DO WE NEED GOVERNMENT ECONOMIC STIMULUS?

http://www.andwhyisthat.ca/2008-12-09%20Why%20do%20we%20need%20government%20economic%20stimulus.html

WHY DO WE NEED GOVERNMENT ECONOMIC STIMULUS? It seems to be pretty widely agreed that we need some sort of stimulus package from the government. Many say that it should spend a lot of money fast, not worrying about the possibility that it might have a deficit. But there are still some who say the opposite that government should do as everybody else tends to do when times are bad, and cut spending. But this recession is different, and I doubt if the Bank of Canada can do it alone. Lower interest rates enc...

5

Are High Corporate Taxes Killing Jobs?

http://www.andwhyisthat.ca/2008-05-13%20Are%20high%20corporate%20taxes%20killing%20jobs.html

Are High Corporate Taxes Killing Jobs? Still, Mr. Flaherty's basic argument is that all provinces, and the federal government, should reduce corporate taxes to attract more investment. He wants all provinces to have a rate of 10% by 2012, and wants to reduce the federal rate from 19.5% to 15% so that the total corporate tax anywhere in the country would be 25%. Might he have a point? We need to strike some kind of balance between excessively high taxes, which would drive away investment, and excessively ...

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Worthwhile Canadian Initiative: Divine Coincidence Failure. UK lessons for the Bank of Canada

http://worthwhile.typepad.com/worthwhile_canadian_initi/2011/02/uk-lessons-for-the-bank-of-canada.html

A mainly Canadian economics blog. Mumbling professor (Frances Woolley). Department of Finance (Ottawa). Public Accounts of Canada. Teranet house price index. World top incomes database. US - Energy Information Administration. US - Bureau of Economic Analysis. US - Bureau of Labor Statistics. Laquo; Fiscal Policy, the Environment, and How Not to Solve Policy Problems. Have universities reached the tipping point? Divine Coincidence Failure. UK lessons for the Bank of Canada. According to divine coincidence.

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And Why is That?

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