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It Was All about the Oil

The U.S. real estate meltdown and liquidity crisis show no sign of abating. The U.S. dollar is still caught on the horns of its dilemma, forced to choose between the Scylla of lower rates and the...

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A Three-Way for the Real Third Way

This is an extended version of a speech given to the Ontario NDP Socialist Caucus Conference held at the Ontario Institute for Studies in Education on October 13, 2007. Two things to start. The first...

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Declining Oil: Rising Prices & Dangerous Waters

Chris Skrebowski, editor of Petroleum Review, in his comprehensive analysis of oil production a few years ago discovered that 65% of all oil is coming from countries whose total extraction has been in...

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Georgia on Our Mind

In a nutshell the role of Georgia for the West is to allow it to access Caspian basin energy while bypassing Russia and Iran. Something that quite simply can’t be done without Georgia’s acquiescence....

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Whither Our Exit?

In Jean Paul Sartre’s No Exit — a play I once directed — one of the character opines, “Hell is other people.”  Alan Farago’s article, “The Potemkin Village Economy,” is a good example of why this...

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Are the Conservatives Conservative?

It is intriguing to see an economist flying in the face of Stats Canada data. That is Stats Can data showing that investment is declining irrespective of corporate tax cuts while economics professor...

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