Political Eh-conomy: Notes on pensions and risk

Canada’s finance ministers are meeting this weekend and a proposal to expand the CPP is at the top of the agenda. If implemented, this proposal would bolster an important public program at a time when public programs are under attack and the public sector as whole is shrinking. There are many good arguments in favour of strong public pensions, ...

The Scott Ross: Canadians Should Envy Greeks

Canadians aren’t too envious of Greeks, Italians, and Egyptians right now, but maybe they should be. Though Canada has a relatively better economy and a stable political system, the other countries in the world facing crises have something Canada seems to be lacking, a resolve to make things better. Facing financial collapse Greeks, who already ...

The Scott Ross: Europe’s Export of Political Integration

From democracy to banking, Europe has launched institutions that have shaped the world; with its recent financial crisis, Europe might be about to do it again. The European financial crisis is only giving further legitimacy and urgency to greater European political integration. It is argued that with many economies dependent on each other, with a ...