So, here we are …

... not even ten days into the 2020s. A century ago the "roaring '20s" dawned with the realization that the Treaty Of Versailles (28 June 1919) was so deeply flawed that Henry Cabot Lodge, a great and astute American statesman, who had advocated for American participation, on the allied side, in the First World War … Continue reading So, here we are …

Not so fast … Paul Wells is wrong

I see in the most recent Maclean's magazine that Paul Wells is as conflicted as many of us. He explains that Justin Trudeau has no sane plan to manage Canada's economy but he also says that Andrew Scheer is ignoring climate change.  He concludes that "It would be nice to have a government that takes … Continue reading Not so fast … Paul Wells is wrong

A tale of two graphs

So, Adam Vaughan, a Liberal MP from Toronto, posted this on social media: It's petty standard Liberal fare and I'll bet that more than half, more likely ⅔ or even ¾ of Canadians believe it. In response, Richard Groves, who is an accountant from Kelowna BC, posted this: The GFC to which Mr Groves refers … Continue reading A tale of two graphs

A liberal manifesto

The Economist, which is one of my favourite newspapers, is celebrating 175 years of publication; it does so, in part, with a 'lead' in the 15 September issue, headlined: "A manifesto for renewing liberalism." Now, regular readers will know that the rather sorry state of classical Anglo-American liberalism, which I regard as central to the … Continue reading A liberal manifesto

Defence, again ~ Senate reports, 2% and capabilities

Tony Battista, the CEO of the Conference of Defence Associations, a pro-defence lobby group and Charles Davies, who is a fellow with the CDA Institute, have written an article in the Toronto Sun that deals with two Senate reports about which I have commented: Military Underfunded: The Walk Must Match the Talk; and Reinvesting in … Continue reading Defence, again ~ Senate reports, 2% and capabilities

1975

I got this, via social media, from an organization called the Economic Opportunities Institute, which self describes as being "an independent, nonpartisan, non-profit public policy center using research, education and advocacy to shape public debate and advance new policy ideas that help build an economy that works – for everyone." They say, about themselves, that … Continue reading 1975

The welfare state

There is a very interesting, very useful and somewhat erroneous article in The Spectator by banker/journalist James Bartholomew about the misuse and abuse of the ideas put forth by John Maynard Keynes. After leading us through a well written and accurate summary of when and how one of the central tenets of Keynsianism, macroeconomic demand management, … Continue reading The welfare state