Chile is no longer a beacon of stability

Its downfall as Latin America’s freest economy will be next if socialist activists have their way and rewrite the constitution

Chile is no longer a beacon of stabilityBy Paz Gómez Research associate Frontier Centre for Public Policy When Hong Kong pro-democracy protests stalled a U..S-China deal last year, they showed how sensitive trade is to domestic political unrest. Few observers noticed, however, that Chilean demonstrations forced the cancellation of the Asia-Pacific Economic Co-operation summit. U.S. President Donald Trump and Chinese Communist Party…

The sky is always falling in Mark Carney’s world

Why should we believe a man who showed disdain for Brexit and who incorporates his wife's political agenda into his work as a leading global economist?

The sky is always falling in Mark Carney’s worldDepending on the part of the world you’re in, the mention of economist Mark Carney can elicit different responses. In Canada, Carney is widely credited with steering the country through the rocky waters of the 2008 financial crisis. But in the United Kingdom, he’s often labelled a political activist disguised as an economist. Carney served…

Economic stagnation plagues Canada despite G7 rank

The notion that leading the G7 is evidence of strong economic performance or rapid growth in living standards is not simply off base, it’s dangerous

Economic stagnation plagues Canada despite G7 rankBy Ben Eisen and Finn Poschmann The Fraser Institute Recent forecasts suggest Canada may compete with the United States for the top spot in the G7 in 2020 for economic growth. Those forecasts include one from the International Monetary Fund. Political partisans have since flooded social media with the impressive-sounding factoid that Canada may lead…

Coronavirus exposes China’s failure as a socio-economic player

With more economic clout comes more responsibility. And China is failing

Coronavirus exposes China’s failure as a socio-economic playerWhen SARS hit in 2003, China was nowhere near the economic powerhouse it is today. Now, if something happens to China, the entire world is affected and the food sector is not immune. The coronavirus outbreak is proving that. Even though the outbreak is starting to slow, the economic damage will easily surpass that of…

Fight climate extremists before they upend society

Start learning the deep details of the science and economics instead of letting extremists dictate what you’re allowed to think or say

Fight climate extremists before they upend societyLast year was the year the climate issue took a sharp turn towards extremism. Let’s hope 2020 is the year sanity makes a comeback. There have long been three groups occupying the climate issue. To avoid pejoratives, I will call them A, B and C. The A group are the doubters. They don’t believe greenhouse…

Persian Gulf region badly needs economic liberalization

When opportunities to engage in economic activity are open to all, not just the privileged classes, prosperity and opportunity abound

Persian Gulf region badly needs economic liberalizationBy Miguel Cervantes and Tanja Porčnik The Fraser Institute While tensions in the Middle East rise daily, there’s still hope for the region to liberalize and grow more prosperous. Economic liberalism in the Persian Gulf region would help unleash the effort and creativity of the whole population – not just a few at the top.…

Is capitalism a cure for the climate crisis?

Life in an air-conditioned bunker, drinking vodka sodas and binge-watching Netflix may not be enough to stimulate the privileged climate-change survivors

Is capitalism a cure for the climate crisis?The actions of the Donald Trump presidency and the many global populist governments that follow suit (Brazil, the Philippines, and arguably Saudi Arabia and even Australia) reveal a line of thought about the climate crisis: it doesn’t really exist. Climate change is basically viewed as an externality determined by God, nature or whimsy. When it’s…

Sport, at its best, can help change the world

Leaders must fully incorporate social, cultural and environmental considerations – not just economic ones – in their decision-making

Sport, at its best, can help change the worldOne of the greatest, and most memorable, sports-related quotes comes from Nelson Mandela. “Sport has the power to change the world,” said Mandela. “It has the power to inspire. It has the power to unite people in a way that little else does. It speaks to youth in a language they understand. Sport can create…

Is neoliberalism sinful or our salvation?

It’s difficult to know for sure since academics and economists want to hide behind jargon rather than offering concrete analysis

Is neoliberalism sinful or our salvation?As the Buffalo Springfield sang in 1966, “There’s something happening here. What it is ain’t exactly clear. …” They were referring to civil unrest but could have been predicting the current debate about neoliberalism. Neoliberalism is the ill-defined trend to less government, rolling back social programs, downward pressure on wages, fewer union jobs and careers…

Clean, timely Brexit good for Britain and Canada

It’s time to open up trade. Even the EU accepts that 90% of global growth will take place outside its group over the next 15 years

Clean, timely Brexit good for Britain and CanadaNo other time in the recent history of British politics has been so turbulent. But the United Kingdom needs to stay the Brexit course. Prime Minister Boris Johnson has been accused of lying to the Queen by a Scottish court, the Conservative government has lost its majority and kicked out 21 rebel Tory MPs, opposition…