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The twenty-first century economy works differently
by Bruce A. Stewart
Parents are still passing on the expectations. Teachers are still teaching it. University faculties and community colleges talk about how job-ready their degrees, diplomas and certificates are. That’s nice. But the world of jobs is passing away before our eyes.
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The twenty-first century economy works differently
Parents are still passing on the expectations. Teachers are still teaching it. University faculties and community colleges talk about how job-ready their degrees, diplomas and certificates are. That’s nice. But the world of jobs is passing away before our eyes.
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Stripped bare… of your privacy?
Do you sometimes feel like a see-through, vitreous human being? With the amount of data and information companies and government agencies have accumulated on and about you, you could be forgiven for feeling somewhat “exposed”.
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Student? Facing Unemployment? Make a job
Convocation — diplomas — hurrah! School days are done!
14.8 per cent of those who graduated ahead of you are without work. Not as bad as the 20 per cent in France, the 35 per cent in Italy, the 52 per cent in Spain or the almost 60 per cent in Greece, but not good odds, either.
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The myth of the 99 percent
Even after having been debunked countless times over, utterly erroneous conclusions about the poor’s well-being have yet again stolen the show because of a spiffy video making its way around the web.
Cents and Sensibility: Farewell to the Penny
Monday saw the end begin for the familiar penny. Merchants are still adjusting: while the instructions to most cashiers is to accept pennies if offered but not to hand them out (rounding the change), most people operating tills still have their habits firmly in place. If the “change required” requires pennies, they’re handing them out (while they still have them).
High-rises, low returns
A simultaneous fit of euphoria and vertigo weakens your knees as you gaze out the living room window of a brand new 22nd floor luxury penthouse. “This is the chance of a lifetime’’ your real estate broker declares cogently. Your significant other turns to you and grins approvingly; “I love it, honey”. Amidst the flood of emotions and peer pressures, you manage to clear your head and ask yourself one sobering question – is this a good long-term investment? Well, considering that homeowners usually depend on large capital gains to grow their nest-eggs, maybe not.
Obama's EPA: interference abroad
Lisa Jackson, President Obama’s head of the Environmental Protection Agency (EPA) quit her post abruptly this past week. Environmentalists in the capital are reporting that her departure from one of Washington D.C.’s most vilified posts is in protest of the State Department’s impending approval of the transcontinental pipeline plan, Keystone XL. Regardless of who succeeds her as Washington’s green czar, Canadians and Americans alike can expect to see more of the policies that so trouble us today.
Bulls and Bears: Commodity Prices
So-called experts speculating on the future may often resemble a horde of monkeys blindly throwing darts at a board, or so they say. As was the hubbub prefacing the recent financial crisis, the materialization of which literally blindsided nearly every economic extraordinaire. Yet there admittedly were a few prominent economists and financial figures who forewarned of the crash in a timely fashion.
The magnitude of Canada's housing crisis
Canada’s housing bubble has escalated to a point where the question is no longer if the bubble will burst but rather the scale of the collapse. On October 30, 2012 CIBC’s economist Benjamin Tal published a report attempting to downplay the Canadian real estate bubble by claiming it will not be as severe as the crisis that hit the U.S. However, his arguments ignore several crucial factors that point to the inevitable housing crisis being severe enough to cripple the Canadian economy via a hard landing causing at least a 20% decline from peak housing prices.
US slides in latest Economic Freedom Index, Canada holds on
The presidential debates touched on Medicare and taxation, but no guiding principles on economic freedom were outlined nor strategies for enhancing them (or curbing them). Meanwhile, the discussion of what economic freedoms are and where they are headed has been taking place at the Frasier Institute. Since 1996, the institute has been publishing its Economic Freedom Index and it published its most recent report last week.
On networking
In this globalized world, networks are crucial to leveraging our potential and unlocking hidden job markets. This article will talk about the best way to gain employment in an age of austerity: networking.
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The Federal Reserve declares war on savers
The Federal Open Market Committee chaired by Ben Bernanke has released its policy statement today confirming Fed watchers’ expectations of a new bond-buying program.
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Canada's new mortgage regulations
Last month, Canada’s economic watchdog, Jim Flaherty, announced that the government will once again be tightening the restrictions on residential mortgages.
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Bain vs. Obama
Those on the left and their allies in the media do not live in a world where the actual facts about private equity matter, but only the rhetoric they are able to spew.
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Forfeiture Laws Threaten Property Rights
The central problem is that the standard of proving guilt beyond a reasonable doubt in criminal processes does not apply in these cases.
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