Category: economy

Not Very Helpful Advice from Ronald

December 27th, 2013
Th Golden Arches has always been known as a company that reaches out to its customers with special deals: burgers, coffee, ice-cream, salads, and fries, all of which I have partaken of and enjoyed on an infrequent basis. Unfortunately, it looks like thi… more »

The Rising Cost of Living

December 18th, 2013
Here are ten items that are going up in price big time: A. hydro at 6-8% a year; B. building insurance at 8%; C. car insurance at 4%; D. healthcare benefits at 5%; E. ferry rates at 4%; F. garbage pickup at 3%; G. milk at 2%; H. janitorial at 4%… more »

Albert Hirschman's "Exit, Voice, and Loyalty" - Interactive Positions

November 28th, 2013
The late great political economist Albert Hirschman opens this seminal work on the vagaries of modern economies, polities, and societies by stressing the need to better know how their many different institutions can respond to lapses or breakdowns in th… more »

The World of Gradual Cuts

November 12th, 2013
There is that old fable that suggests that if you throw a frog into boiling water it will instantly leap out, whereas if you put it in a pot of cold water and gradually bring it to the boil it won't be able react in time to save itself. Now, I know this… more »

Good Land, A Scarce Commodity

November 11th, 2013
Don Pittis, a contributing journalist to the CBC website, recently wrote an article on the looming farmland crisis in Canada. After reading it, I got to thinking that I have seen this problem elsewhere in history. Farmers want to sell their land to cash… more »

A Great Store to Shop At!

November 4th, 2013
In coming to live in Victoria, we have had to make a number of significant lifestyle adjustments: one of which is the unending challenge of looking around for the best deal on food purchases and durables. On the latter count, we have become very impress… more »

Times Are Changing on the Island!

November 1st, 2013
Unless anybody thinks I am talking about Vancouver Island in this blog, I'll set the record straight at the outset; every reference here is to Iceland and its very uncertain future. Here is a list of ten recent developments inside this small north-Atlan… more »

"Under the Boardwalk" - The Rich Heritage of a Board Game

October 26th, 2013
Here is a list of things I learned about the world's most famous boardgame, Monopoly, from watching this light-heart film treatment of its many fascinating and exquisite nuances: 1. the game was in another form before the Parker Bros. bought it out and… more »

When Big Revenue Flow Doesn't Mean Big Profits

October 22nd, 2013
It used to be that companies or businesses that generated a lot of revenue usually could show a healthy bottom line. That was until profit margins started to fall and those large corporate giants got into the business of leveraging their assets to buy m… more »

How accurate are the job numbers?

October 22nd, 2013
Today, the TD Bank released a report suggesting that forecasts as to an imminent shortfall of available skilled workers in the trades in Canada is somewhat exaggerated. What its economists might be saying here is that corporate Canada might be guilty of… more »
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