Property rights dispute takes a short break in Alberta

But that is likely to end once the provincial budget fades from the news

Property rights dispute takes a short break in AlbertaAmid the current focus on provincial red ink, one issue has slipped off the public radar screen in Alberta: Property rights. The lack of attention is understandable given the nearness of the provincial budget and the province’s poor finances. But until recently, property rights, and more broadly land-use issues (which involve regulation of both private…

Alberta tried tax hikes in the 1980s

And they didn’t work

Alberta tried tax hikes in the 1980sIn the debate over whether the Alberta government should reduce and reform spending to cushion the blow from falling revenues, some claim higher taxes will balance the books. How soon we forget. Alberta tried that in the late 1980s. It didn’t work. It wasn’t until the 1990s, when Alberta got serious about spending reforms and…

“Capitalism” saved the world

Any attempt to equate capitalism and communism is wrong-headed

“Capitalism” saved the worldIn a recent column from a Toronto journalist on communism and capitalism, the writer made an astonishing claim: While “millions have been the tragic victims of communism,” Roy MacGregor wrote, “that number pales, surely, in comparison with the victims of capitalism.” Surely, it does not. The columnist attempted to link communism and capitalism as mere…

Cure for Cuba’s illness lies in open markets

The absence of a free market at home and injured trade abroad has been costly for the Cuban people

Cure for Cuba’s illness lies in open marketsThe pre-Christmas announcement by U.S. President Barack Obama that the United States would re-establish diplomatic relations with Cuba will reignite a number of debates. One will be about the cause of Cuban poverty over the past 56 years. While some will blame communism; others the American trade embargo, the correct answer is “both.” For those…
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