Sunday, July 31, 2005
Failure of Assimilation
Tuesday, July 26, 2005
Steyn on fire
Awesome blog
Monday, July 18, 2005
Macleans says Walmart is good for Canada
1. The opening of a new outlet, in fact, is generally an economic boon for the area.
2. For three of the past four years Wal-Mart has been named the best retailer for which to work, due mainly to incentives like profit sharing and a discounted stock purchase program.
3. Wal-Mart's low prices force competitors to lower grocery prices by up to 10 to 15% in order to compete. Those savings are a godsend for working class consumers.
Friday, July 15, 2005
Monday, July 11, 2005
Ireland
In 1990, Ireland's total work force was 1.1 million. This year it will hit two million, with no unemployment and 200,000 foreign workers (including 50,000 Chinese). Others are taking notes. Prime Minister Bertie Ahern said: "I've met the premier of China five times in the last two years."
Ireland's advice is very simple: Make high school and college education free; make your corporate taxes low, simple and transparent; actively seek out global companies; open your economy to competition; speak English; keep your fiscal house in order; and build a consensus around the whole package with labor and management - then hang in there, because there will be bumps in the road - and you, too, can become one of the richest countries in Europe. -- Thomas Friedman in the NYT
Friday, July 08, 2005
Steyn on the London Bombings
As I wrote in The Daily Telegraph last March, "History repeats itself: farce, farce, farce, but sooner or later tragedy is bound to kick in. The inability of the state to secure even the three highest-profile targets in the realm - the Queen, her heir, her Parliament - should remind us that a defensive war against terrorism will ensure terrorism."
Thursday, July 07, 2005
Tragic
Wednesday, July 06, 2005
Cool new site
Sidenote: shouldn't the house of commons site provide this information?
Adscam redux
This study finds that at least 565 organizations and individuals are identified in reports and testimony related to the Gomery inquiry. The original 2003 Auditor General sponsorship and advertising report cited only 71 organizations. The activities under investigation are therefore quite widespread.The people identified in these reports and testimony are politicians and bureaucrats (government insiders), and political party members and business people(government outsiders). This paper finds that almost all of them have an exclusive financial link to the Liberal Party of Canada (hereafter referred to as the Liberal party). They donated at least 40 times more to the Liberal party than to all of the other main political parties combined from 1993 to 2003.
This paper finds that these individuals privately donated at least $3.9 million to the Liberal party and received at least $7.4 million in private payments from the Liberal party from 1993 to 2003. The Gomery inquiry forensic report found only $2.5 million in Liberal party donations.
Monday, July 04, 2005
Means, not motives
The real question is: why are some countries rich and others poor? To the Make Poverty History crowd, the answer to this question, by far the most important in economics and all of the social sciences, usually lies with Western exploitation, insufficient aid and the alleged ravages caused by free trade or greedy multinationals. This conveniently omits to explain how so many poor nations in Asia have got rich; and many economists in developing countries no longer agree. Even more so than most westerners, they desperately want to conquer poverty but years of bitter disappointment as billions of dollars of aid did nothing to stem Africas descent into squalor and chaos have forced many to think again.
There is a lot of information here, about the need for free trade, lower tarrifs and subsides in the EU and US, less red tape, harmonized standards, respect for property rights and the rule of law, but the kicker is this: aid actually lowers a nations economic performance. Let's be honest, aid has done Africa no lasting good over the last 30 years.
The article even references a paper from someone at the University of Regina, among many others. If you are interested in what to do about African poverty, start here.
African aid: more mercs for jerks
Africa's leaders cannot wait for the G8 leaders - hectored by rock star Bob and his Live8 concerts into bracelet-wearing submission - to double aid and forgive the continent's debts. They know that such acts of generosity will finance their future purchases of very swish, customised Mercedes-Benz cars, while 315 million poor Africans stay without shoes and Western taxpayers get by with Hondas. This is the way it goes with the WaBenzi, a Swahili term for the Big Men of Africa.
After joyriding their way through six Marshall Plans worth of aid, Africa is poorer today than 25 years ago
Saturday, July 02, 2005
Live 8
I salute the effort it must have taken to get 8 huge concerts organized and all the artists that appeared. And I salute the motives behind the movement: reduce poverty in Africa.
But I can't believe that people seriously believe that if western nations forgive African debt and increase aid that things will be substantially different. I'm all for increasing aid, as long as it's tied to improved freedom and the rule of law, but is that likely? For the last 30 years African nations have been running themselves in to the ground while we turn a blind eye.
What is needed is pressure on African governments to treat their citizens with respect, guard individual liberty and the rule of law, and allow markets to work. In return, western nations need to deliver targeted aid to those that comply, as well as reduce tarrifs and barriers that hurt third world farmers and business owners.
We've seen millions in east Asia lifted out of desparate poverty in the last 15 years due to the growth of the economies in China and India. The same thing will work in Africa.