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Jacques René Giguère
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"The parts of Canada...": happy to learn the Vandoos were Anglicans...
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One problem with Hanson was that his post should have been in a philosophy or ethics exam. My colleagues here agree that it would have been a maybe controversila but excellent question for this term finals in"Ethics and society." But it did not belong inan economics blog...
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Discussing the 1% in Canada is like discussing it in Montana. It should take North America as a whole, not some uninteresting norther satrapy. There is no inequality among the village peasants. Only if you include the castle in Wall Street.
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Male and female fields? Certainly. Unlike physics where there are no male protons and female electrons. Two of my sisters-in-law were in the same health science field as my brothers. Both extremely good, in as much I can judge (their tenure commitee did it for me, dear olds). In fact, by her undergrad days,in the 70's, one of them was judged 4th best in her field by her North american professional association (my brother was 3rd). In my physics day, women were scarcer than men. But I never heard any professors or students voice derogatory comments and no female colleagues ever said anything. Physics is of course,ubernerd territory (Sheldon Cooper, our hero...) and maybe we can't see gender much. We had female professors, highly respected by students and seemingly so by their colleagues.
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I also remember the not-that-faraway era when reading the Economist was required of my students. The horror! The horror!
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A paragon of financial virtue? If you mean underpaying your staff so you can't recruit...Been doing overtime for years on row.(not for the money, just so that students can graduate...)
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Low end Chile? Whatever my family would say, Chile is indeed a brutal society. But their wine is geting better all the time and money is money. They are progressing industrially, not as fast as they should (they are South American after all) but it's not as bad as it was.
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Whatever the critics about its view of the U.S, banking system , that paper http://www.ledevoir.com/documents/pdf/political_foundations.pdf by Calomiris has interesting to say about Canada.
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"Monetary and fiscal policy don't have the same units. We measure one in $, and the other in $ per year." QE may be in X$ this year and 0$ next year if it's your policy. But it is in $/year. Dimensionnal analysis( whixh I teach to my students, help wonders with structuring their homeworks) must lead to consistency in your units ( my physicist side). "Call me when the central bank runs out of things to buy." Why wait? I asked my students this morning what they would do with helicipter money. Unanimous answer"Save it" What if they were hired to dig ditches of unknown utility? "Spend it, it's regular income."
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As a canadian I don't know enough about the U.S. banking system. But their review of the history of the Canadian one is good. (Minor quibble about the intricacies of naming senators). Could have used more about the parallel banking systems set up by the provinces (trust companies, Ontario mortgage companies, Alberta Treasury branch and especially the Québec Caisses Populaires sytem)
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Eisenhower decide to use only male military test pilpots because "The public is not ready to see women die". Which it was thirty years later.
Toggle Commented Nov 3, 2014 on The capitalism question at Stumbling and Mumbling
Collaborators? The ones who lost more than 100K KIA in the 6 weeks of the Battle of France after Churchill ordered the British Army to break the front on May 13th thus letting the Germans break through? Or the British police in the Channel Islands who delivered political refugees to the Germans after Churchill ordered that there would be no act of resistance in the German-occupied British territory?
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Determinant: and the invention of Social Security account Number so that people would think of their future payment as a bank account in their own name. Designed by Roosevelt so that nobody could ever cancel the program.
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As the manual working class began to isappear to be replaced by an "intellectual" middle-class, the Left parties beagn to abandon the unwashed mases as not thinking enough. The cure for their "simplemindedness" was to force them to confront their "ignorance" bycalling them racist and forcing them to accept the "Other" as the fount of everything that is righ and themselves as the source of all evil. That the Other (the immigrants) disagree with thos point of viwe is not an hindrance to the bobo thesis. In my neck of Canada, my muslim colleagues and family are totally againt burka wearing, which is promoted by the media to their frightened dismay.
Toggle Commented Oct 11, 2014 on The Ukip question at Stumbling and Mumbling
Nick:"Well, only banks have the choice, because normal people can't hold a chequing account at the central bank." With a debit card, money is transferred automatically between the customer and the store. If they are not using the same bank, the clearing involves tranfering reserves. In the modern world, the deposit side of the banks is only the public brand name of a central bank de facto subsidiary. (If this humble IO guy is not mistaken...)
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Stephen:"But most of the gains to PSE - monetary and non-monetary are captured by the student" -University graduates are complement to other workers. Even orinary workers benefit from the higher education of others. The way they benefit from a doctor's education
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Nick "They've been lied to. They are told to "be a nice guy", for example, while a cute young woman marries decrepit old jailbird Charles Manson (true story). Wouldn't it be better all around if she had instead married some truly nice young guy who just acted just a little bit like Charles Manson?" In the end, how many women marry Charles Manson? How many really marriageable women do that? It makes news precisely because it's man bites dog.Despite the "nice guy don't get girls" trope, in my experience it's not the nice guy who don't get the girls, it's the misfits. And the girls they don't get matched with are also misfits.
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And even though the MG 42 had a cyclic rate of 1600 rounds per minute, you shoot in burst so as to not overheat the machine. But it was still better than Allied equipment, with the usual german defects of overenginneering and high production costs, limiting the numbers available.
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Bob: I like courtly poets... I don't hate the rich. Few people who have driven a Jagaur XK-R denigrate the experience ( the ignition troubles are not a bug, they are a feature). I teach my students the Blinder priciple "In social policies, have a soft heart but a hard head".I don't mind a regressive efficient tax if it leads to a bigger pie to share.
Toggle Commented Sep 20, 2014 on Tax Competition at Worthwhile Canadian Initiative
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Steve: if you put money in a easy to withdraw form, the bank is less likely to lend it. No different than a mattress.
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Bob Smith:"corporate execs are employees, " In Ruritania, both peasants and court poets are employees of the Most Exalted Duke. But the court poets don't contribute to food production... The high income tax rates are not there to raise revenu but to confiscate rents.
Toggle Commented Sep 19, 2014 on Tax Competition at Worthwhile Canadian Initiative
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And colonizers wish to select immigrants so that they help change the laws of (some of) those who are already here. Nobody immigrate to the U.S. to move to the Bronx, paint himself black and talk ebonic or move to an Indian reservation and talk Hopi. When you immigrate, you are expected to act as a scab on some group already there. (In Canada,you are not supposed to go to Davis Inlet or Attawapiskat or even Quebec City.)
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Vladimir: foreign languages signs ae not forbidden in Québec. They just must be accompanied by a french sign twice the size. (unless they are for cultural, religious or politacal purposes, in which case, there is no language requirements)
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Intersting to talk about income-splitting when nobody remember that a couple can have only one pricipel residence while two unmarried people can have two...
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