The Inflation Reduction Act: How the White House Redefined the Free Market
The Inflation Reduction Act (IRA) is transforming economies worldwide, boosting clean energy efforts, and sparking debate over its lasting effects.
What Canada’s Inflation Tells us About Monetary Theory and Canada’s Current Course
On September 15th, Statistics Canada reported that Canada’s inflation rate hit 4.1% in August 2021. This rate represents the highest year-over-year increase in Canada since 2003. Not only does Canada’s high inflation rate signal More
Anti-Spitting Hats and Price-Gouging: How the Economy Adapts to a Pandemic
To anticipate the impact COVID-19 will have on the world, one must look further than biology. While the immediate threat is towards human health, the most widespread, dispersed effects will More
Liberal Promise of Strong Middle Class Tested by COVID-19
Amidst the COVID-19 pandemic, the Liberal campaign pillar of “building a strong middle class” may be taking on a stronger meaning. The economic stimulus package released on March 18th ensures More
Environmental Economics: Malthus, Ricardo, and the Ecological Frontier
Today’s world assumes economic growth. The natural state of affairs is presumed to be one where the economy must grow. If the economy stops growing or merely shrinks, alarm bells More
More than a Trade War: Japanese-Korean Relations in Historical Perspective
Japan and the Republic of Korea have long been engaged in a complex trade war which continues to this day. The trade war – which has had negative economic and More
The Global Economic Impact of the Novel Coronavirus
The World Health Organization declared a global emergency over the novel coronavirus as China reported on January 31st that the death toll had climbed to 213 with nearly 10,000 others infected. More
Power Projection: The Political Economy of Comparative Advantage
A globalized world could not exist without the proliferation of free trade. Likewise, the concept of free trade would not exist without the economic theory behind it: the theory of More
Opinion: The Case for Universal Basic Income
Universal Basic Income (UBI) is one of those rare policies that has support from both sides of the political spectrum. Labour activist and former president of Service Employees International Union More
US-China Trade War: What Has Happened and What Does it Mean?
On Friday, May 10, trade talks between the US and China were abruptly halted with the imposition of $200 billion USD of tariffs on Chinese goods. The Chinese retaliated a More