Category Archives: The Economy

The Recession, oil, prisons, ponzi, gold, straw.

Mordor ON

The Ring of Fire. It sounds like something out of a Tolkien novel. Welcome to Mordor Ontario, an area of 5,120 square kilometres in the James Bay watershed chock full of nickel, copper, zinc, gold, palladium and chromium—especially chromium (the … Continue reading

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Nukes in the Bruce: will SW Ontario be the nuclear dumpsite for Canada?

At the beginning of everything, the Navajo were shown two yellow powders. One they could use—it was maize pollen. The other they were told to leave in the ground. That was oxidized uranium. No one talks of “clean” nuclear energy … Continue reading

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The Rumpelstiltskin Effect: the consequences of spinning straw into gold

Once upon a time in a distant land, a miller boasted to his king that his daughter could spin straw into gold. Intrigued, the king locked her up in a roomful of straw and told her, “If you can spin … Continue reading

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Black Gold or Fool’s Gold

It was a text-book case of misdirection. Like snake-oil salesmen of old warming up their marks with a shell game, Prime Minister Harper and Joe Oliver accused radical environmental groups of using “foreign money” to “hijack” Canada’s regulatory process on … Continue reading

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Ethical Oil is Snake Oil

Don’t buy it … Talking about ethical oil is like saying guns don’t kill people. Well they don’t. People kill people. But sometimes they use a gun to do it. Oil isn’t ethical or unethical (unless you add corn … … Continue reading

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Before the Revolution

On an unseasonably warm September afternoon, a few years before the Revolution, Winston sat in his cubicle on the fifth floor of the Department trying to connect the dots. Connecting dots was not his job. That was the job of … Continue reading

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The Conservative Deficit

Good Conservative management is an oxymoron … ‘Economist’ is just a Greek word for ‘household manager.’ We all have households of one sort or another. Managing them is not rocket science. You don’t spend money you don’t have (or aren’t … Continue reading

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A modest proposal for creating a growth economy

The merits of investing in crime. The G20 have been scratching their heads about how to recover from the Great Recession and create jobs in stalled economies. They could do worse than taking a page from the policy book of … Continue reading

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The End of Progress 2

Everything comes from the land. Everything:  the chair you’re sitting in to read this newspaper, this newspaper, the car or truck that delivered the newspaper, the gas in the car or truck, the computers that automatically typeset the newspaper, the … Continue reading

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The American Dream is a Ponzie Scheme

The American Dream is a Ponzi scheme. Or at least that’s how it seems to be playing out these days. “Here,” the banks were telling Americans, “you can have your dream home – the one you saw every week on … Continue reading

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