Tag: politics
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How Enhancing Productivity Can Shield Canada from Trump’s Tariff Threats
As the threat of Donald Trump’s tariffs looms (again), Canada’s governments have vowed to protect the country’s most affected industries. Doug Ford promised to protect auto jobs in Ontario. The Bank of Canada predicts that tariffs would reduce Canada’s GDP by 2-3% in the first year alone, with another 1.1% to 1.5% drop in the…
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Why Egypt Could Fail
I’ve finally had a chance to read Why Nations Fail by Daron Acemoglu and James Robinson. It provides a useful tool for looking at the President Morsi’s attempt to centralize power in his own office could damage Egypt’s fragile economy. In Why Nations Fail Daron Acemoglu and James Robinson reiterate throughout that politically inclusive institutions,…
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Across the Eurozone, Citizens Vote Out Austerity Governments
World stocks continue to oscillate with every bond sale and finance minister utterance in the 17 member Eurozone. Yet, the underlying reality is that the situation hasn’t changed at all. Matthew O’Brien has a nice summary in The Atlantic. It’s tragicomic. Southern Europe already has an unemployment crisis. Their depression-levels of joblessness are a dagger…
Envelope Economics 