Yearly Archives: 2013

Mainstream Economics and Flying Unicorns: part 1

It is a well known phrase popularized by Carl Sagan: Extraordinary Claims Require Extraordinary Evidence. As rationalwiki.org puts it, if Alice tries to convince Bob she went to a movie last night, a ticket stub will perfectly do. If however,

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Rob Ford is Still Popular Precisely Because He Is So Bad

OK, so we know Rob Ford has done some Bad Stuff. For those who don’t, let me recap briefly: He smoked crack cocaine, has been drunk in public multiple times, hung out with people with criminal connections and initially tried

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Ontario Government Doubles Down on Central Planning for Electricity

After a scathing auditor general report about excessive compensation in the Ontario Power Generation (OPG) company, Wynne’s Liberal government has decided to take steps. She said: “We have a need for the government to have more control over compensation packages

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Wind Power Corporations Can Now Kill Birds Legally

Wind turbine power generators in the US have been granted an interesting exemption recently. Now they are no longer responsible for injury or death of bald and golden eagles, otherwise protected by American law. Instead, they have been granted a

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Gun Control and the Trolley Problem

It seems that the gun control debate is going forever through the same cycle of arguments: “Gun freedom increases gun crime and gun accidents and costs us lives!” cry the gun control supporters, and they are of course right. “Guns

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How Scientific Is Modern Economics?

It was May 1919. An expedition led by Arthur Eddington had reached the remote island of Príncipe in order to confirm the theory of general relativity put forth by Albert Einstein. The observation of the Hyades star cluster during the

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Tom Mulcair, Mark Carney and Getting Money “out of the economy”

NDP leader Tom Mulcair is in the headlines today for declaring he wants to raise corporate tax rate. As part of the justification for the move, he mentions the famous $800 billion of “dead money” on corporate balance sheets. The

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