Accidental Deliberations: Sunday Morning Links

Assorted content for your Sunday reading. – Tim Harford discusses how insurance and other industries are built on exploiting people who are risk-averse due to the inability to absorb substantial costs as “money pumps” for those who have more than they need: (L)et’s step back and ask ourselves what insurance is for. Classical economics has ...

Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading. – Tim Harford discusses John Maynard Keynes’ failed prediction that workers would continue to win increased leisure time over the past few decades: (I)t is worth teasing out the nature and extent of Keynes’s error. He was right to predict that we would be working less. We enter ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – Steven Hill discusses some of the most glaring problems with an economy based on precarious work. And Tim Harford rightly asks whether a shift away from steady employment will necessitate more public delivery of social benefits: Details vary but most advanced countries have a list of goodies that ...

Accidental Deliberations: Saturday Morning Links

Assorted content for your weekend reading. – Lana Payne discusses the need to address inequality through our political system. But that will require significant pressure from exactly the citizens who have decided they’re not well served by today’s political options – and Trish Hennessy’s look at Canadian voter turnout reminds us of the desperate need ...

Accidental Deliberations: Thursday Morning Links

This and that for your Thursday reading. – Paul Krugman’s review of Thomas Piketty’s Capital in the Twenty-First Century includes his commentary on our new gilded age: Still, today’s economic elite is very different from that of the nineteenth century, isn’t it? Back then, great wealth tended to be inherited; aren’t today’s economic elite people ...

Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading. – Dean Starkman writes about the media’s failure to see and report on the culture of corruption and manipulation that led to the 2008 economic meltdown: Was the brewing crisis really such a secret? Was it all so complex as to be beyond the capacity of conventional journalism ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – Joe Fiorito discusses the spread of income inequality in Canada. And Doug Henwood reviews Thomas Piketty’s Capital in the 21st Century, while wondering what will follow from the empirical observation that accumulated wealth tends to perpetuate itself to the detriment of most of the population: The core message ...

Accidental Deliberations: Saturday Morning Links

Assorted content for your weekend reading. – Tim Harford proposes four first steps to start combatting income inequality. And the Star’s editorial board makes clear that there’s tax room available for Ontario (among other jurisdictions) to pursue in order to serve the public good: Sousa promises to protect the “middle class” — whatever that is. ...

Accidental Deliberations: Tuesday Morning Links

This and that for your Tuesday reading. – Andrew Jackson writes that increases in Canadian inequality have been the result of deliberate policy choices: In an important recent book, Inequality and the Fading of Redistributive Politics, Keith Banting and John Myles argue that, while rooted in the market, politics has also been a major force ...

Accidental Deliberations: Friday Morning Links

Assorted content to end your week. – Stuart Trew fleshes out the Cons’ new(-ly explicit) Corporate Cronies Action Plan – and it goes even further in entrenching corporate control over policy than one might have expected at first glance: – The makeup of the advisory panel that consulted with Trade Minister Fast skews the new ...

Accidental Deliberations: Tuesday Morning Links

This and that for your Tuesday reading… – Joseph Stiglitz discusses the abuse of intellectual property law to turn publicly-funded research into privately-held profit centres (no matter how many people die as a result): (A) Utah-based company, Myriad Genetics, claims more than that. It claims to own the rights to any test for the presence ...

Accidental Deliberations: On adaptation

Murray Mandryk’s Wednesday column serves as a downright painful example of Monday morning quarterbacking – cherry-picking examples from seven decades of Saskatchewan governments to criticize “rash decisions” without recognizing the difference between reasonable experimentation and blatant cronyism. And under Mandryk’s implicit standard for public-sector risk aversion (that if something could possibly prove to be anything ...

Accidental Deliberations: Sunday Morning Links

This and that to occupy your Canada Day. – Tim Harford discusses why randomized trials as part of a genuine evidence-gathering process are a must in developing public policy. – Mike de Souza reports that the federal Department of Fisheries and Oceans was already short on resources to do its job even before the Harper ...