Economy

Liberal Corruption
We are now onto Prime Minister Justin Trudeau’s third official ethics imbroglio. Mr. “blind spot”, as a previous ethics commissioner termed him, is back at it, once more trailing cabinet ministers and political flunkies. The blind leading the blind, as it were. This time around it’s a close to billion-dollar sweetheart deal offered to WE Charity – an organization with close ties to Trudeau and cabinet ministers. As the Opposition and media focus on the mechanics and legalities of the growing scandal, Gwyn Morgan probes the deeper question of why anyone would think shovelling vast sums into yet another summer jobs program for students was a good idea. The possible answer is downright diabolical.
Cents and Sensibility
Whatever we might think of marriage and divorce, few of us would claim they are unimportant. The topic has occupied not only the hearts of billions but the minds of great thinkers through the ages. Why, John Milton wrote a whole book on divorce way back in the 1600s. So why have the great thinkers at Canada’s top statistical agency – who spend their days ferreting out the most trivial of trends – closed their minds to the entire subject? Might the numbers point in some politically incorrect directions? Peter Shawn Taylor dives into the subject with gusto and reports on the modern-day benefits of one of humankind’s oldest institutions.
Exploitation, Profit and Pleasure
To suggest something ought to be done about unrestricted online pornography is likely to be thought of as out-of-touch, heavy-handed, hopelessly idealistic or, paradoxically, sexist. Yet the damage wrought upon innocent young lives by ruthless elements in the porn sector is all-too real; the academic and legal evidence about the phenomenon’s global toll is there for anyone who cares to look. While recognizing that simply banning all porn will never happen in today’s cultural and legal environment, Devin Drover lays out a carefully researched and soberly argued case that protecting the innocent against the industry’s vilest excesses lies well within the reach of our politicians.
Bureaucratic overreach
Over the past four months Canadians have been taught to heed and obey their public health officials. And we have dutifully complied, often hailing them as celebrities for their efforts. But as the lockdowns are lifted, what might happen to this habit of control? Peter Shawn Taylor charts the evolution of public health from its early origins to the modern, activist version that eagerly promotes soda taxes and demands an end to income inequality. With public health having become a political movement, are its practitioners prepared to give up their newly-acquired powers of command once the crisis ends?
Covid by numbers
Few experiences are as emotionally wrought as seeing a loved one succumb to a deadly infection. Yet setting emotion aside is precisely what must be done in order to rationally evaluate the efficacy of Canada’s response to Covid-19. A rigorous review of our performance to date will be crucial in dealing with future crises, including a possible second wave of the coronavirus. Two weeks ago, Gwyn Morgan made the moral case against damaging economic lockdowns. In a new and original academic analysis, economist Herbert Grubel provides the hard numbers to back up Morgan’s plea for a more rational approach to saving lives.
Paying for the Pandemic
Government deficits are soaring, the economy is reeling and the restart is slow and halting. Nobody knows what lies ahead. How the federal Liberals plan to handle Canada’s tectonic shift in public debt is anybody’s guess. In Part I of this two-part report, Matthew Lau described the challenge our country faces and evaluated two of the most destructive options for dealing with the Covid-debt. In Part II, Lau sets out what would happen if Ottawa decides to engineer a return of high inflation, and then explores more practical options for addressing our enormous post-pandemic indebtedness – including the one method that has worked decisively at the federal and provincial levels.
Paying for the Pandemic
In many ways these are magical times. Governments seemingly exist to protect us from all harm and negative consequences. When a pandemic hits, the existing gusher of public spending becomes an unchecked torrent, interest rates are lowered to effectively zero, yet inflation remains caged. Almost any item large or small can be purchased with instant credit on easy terms. Individuals, organizations and groups in trouble are showered with financial beneficence. But where is the money actually coming from? Who, if anyone, is to pay for it all? Can nothing bad come of the unprecedented profligacy? Matthew Lau reminds us that reality will reassert itself and when the spell is broken at last, potentially ruinous consequences lie in wait. Lau evaluates the options available to debt-burdened governments – most of them bad. Part I of a two-part analysis.
Saving Our Economy
The days are at their longest, everything’s blooming, summer is nigh and Canadians are increasingly going about their regular lives. Spirits are lifting. And serious questions are being asked. Like Plato’s cave-dwellers emerging out of the darkness, we are blinking in the dazzling light of our 5 am northern dawns. What just happened? Do the claimed but unprovable benefits of the pandemic response stack up against the staggering quantifiable damage? Could we have done better? Gwyn Morgan takes a clear-headed look at these questions and prescribes some principles to dig our way out and avoid a needless repeat.
Disease and Elder Care
The infirm and chronically ill seniors who live in long-term care facilities are among Canada’s most vulnerable populations. So too, it seems, are the executives and investors who own and operate many of those nursing homes. The first group is vulnerable to disease and neglect. The second is suffering from aggressive ideological attacks by unions, left-wing academics and politicians who casually accuse them of being greedy “dehumanizing” villains, and are now plotting the expropriation of their entire business. Peter Shawn Taylor seeks to clear the air in this thoroughly reported account of how Canada’s long-term care sector really works.
The Conservative Sensibility
Canadian conservatives have most of the summer to ruminate on what they want their federal party to become – as embodied by their soon-to-be elected leader, anyway. Acceptability, likability and winnability will be key criteria. Above all, however, should be crafting and advancing a compelling policy alternative to today’s managerial liberalism, which has been inflated by the pandemic almost beyond recognition. Mark Milke offers a forceful rebuttal against the Conservative “alternative” comprising little more than a massaged form of top-down management.

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