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Economics Commentary

Wednesday, March 28, 2018. THE FUTILITY AND RISK OF BALANCING US TRADE. President Donald Trump’s policies to balance trade and increase employment will fail because of an iron law of international economics: If a country spends more on goods and services than it produces, the difference has to be imported. This equation summarizes the law:. Imports – Exports ≡ (Investment - Savings) (Government Spending - Taxes). The amount of currency notes exported cannot be observed directly. However, in a study p...

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Economics Commentary | hgrubel.blogspot.com Reviews

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Wednesday, March 28, 2018. THE FUTILITY AND RISK OF BALANCING US TRADE. President Donald Trump’s policies to balance trade and increase employment will fail because of an iron law of international economics: If a country spends more on goods and services than it produces, the difference has to be imported. This equation summarizes the law:. Imports – Exports ≡ (Investment - Savings) (Government Spending - Taxes). The amount of currency notes exported cannot be observed directly. However, in a study p...

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1 economics commentary

2 steve hanke

3 valéry giscard d'estaing

4 minister of finance

5 posted by

6 herbert grubel

7 no comments

8 canada immigration policies

9 abstract

10 note

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Economics Commentary | hgrubel.blogspot.com Reviews

https://hgrubel.blogspot.com

Wednesday, March 28, 2018. THE FUTILITY AND RISK OF BALANCING US TRADE. President Donald Trump’s policies to balance trade and increase employment will fail because of an iron law of international economics: If a country spends more on goods and services than it produces, the difference has to be imported. This equation summarizes the law:. Imports – Exports ≡ (Investment - Savings) (Government Spending - Taxes). The amount of currency notes exported cannot be observed directly. However, in a study p...

INTERNAL PAGES

hgrubel.blogspot.com

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Economics Commentary: March 2012

http://hgrubel.blogspot.com/2012_03_01_archive.html

Thursday, March 22, 2012. Ending Teacher Strikes - Permanently. Like most striking workers, BC teachers tend to believe they are underpaid and overworked. And like most employers today, the BC government is facing tough economic times and can’t afford to be generous with its workers. It’s a classic labour relations standoff that stems from attitudes deeply imbedded in human nature and driving the almost universal belief that one’s work is not valued properly. As a result of this game, public sector union...

2

Economics Commentary: October 2010

http://hgrubel.blogspot.com/2010_10_01_archive.html

Thursday, October 21, 2010. Air Canada and Corporate Welfare. These two airlines requested the right to service Toronto more often and to offer flights to Vancouver and Calgary. If these requests had been granted, Canadians would have saved money, benefited from greater convenience, or both. The reason for the refusal by the government to grant these UAE airlines. This subsidy is a clear case of corporate welfare, even if it does not show up in any government budgets. It violates the spirit of free t...

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Economics Commentary: March 2011

http://hgrubel.blogspot.com/2011_03_01_archive.html

Wednesday, March 9, 2011. STOPPING THE IMMIGRATION OF PARENTS AND GRANDPARENTS – FAIRLY. There has been much huffing and puffing by politicians, the media and immigrant lobbyists about the government’s plan to reduce the number of parents and grandparents joining their immigrant offspring in Canada next year. Important here is the fact that parents and grandparents lower the observed low average incomes of all immigrants. The reasons are obvious. They tend to be elderly, have poor language skills...Under...

4

Economics Commentary: Letting the Market Determined the Number of Immigrants

http://hgrubel.blogspot.com/2012/05/letting-market-determined-number-of.html

Tuesday, May 15, 2012. Letting the Market Determined the Number of Immigrants. This article appeared in the Globe and Mail newspaper on May 11, 2012 as part of a week-long series of articles discussing Canada's immigration policies and the merit of substantial increases in the annual numbers admitted into Canada. But data based on the 2005 census and published by Statistics Canada show these policies have not been successful. They also disproportionately have incomes below the official poverty line.

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Economics Commentary: May 2010

http://hgrubel.blogspot.com/2010_05_01_archive.html

Wednesday, May 5, 2010. Public Sector Unions and Fiscal Deficits. The Canadian Federation of Independent Business (CFIB) in 2008 published a study authored by Ted Mallett and Queenie Wong that compared the incomes of employees in the public and private sectors in Canada. The income advantages enjoyed by public over private sector workers for different types of employers are:. Federal Government 17.3% 41.7%. Post Office 16.9% 40.5%. Urban Transit 12.9% 35.7%. Municipal Government 11.2% 35.9%. To justify a...

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Canadian Government Macroeconomic Management and Statistics. Department of Finance Canada. Provides useful information on Canadian fiscal, economic and tax policies. The Bank of Canada. Provides useful information on Canadian monetary and financial policies. Is the main source of Canadian economic and social data. Is Mark Thomas's blog. Is David Warsh's blog, which provides a journalistic treatment of economics. Is Herbert Grubel's blog. Provides a listing of economic blogs. OECD Journal on Budgeting.

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Economics Commentary

Wednesday, March 28, 2018. THE FUTILITY AND RISK OF BALANCING US TRADE. President Donald Trump’s policies to balance trade and increase employment will fail because of an iron law of international economics: If a country spends more on goods and services than it produces, the difference has to be imported. This equation summarizes the law:. Imports – Exports ≡ (Investment - Savings) (Government Spending - Taxes). The amount of currency notes exported cannot be observed directly. However, in a study p...

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