fbpx

Liberalization of Markets

The Advantages of a Flexible Labour Market

Many workers, particularly the young and immigrants, have a hard time finding a job, especially a full-time job. At the same time, many companies in various sectors struggle to fill certain positions. This seemingly paradoxical situation stems from the difficulty of achieving a perfect match between job seekers and available jobs. What is called the flexibility of the labour market represents an excellent solution to this problem, for both employees and employers.

Why New International Taxes for Development Are Inefficient

International aid only has a limited impact on the fight against poverty, as opposed to trade and entrepreneurial capitalism. Meanwhile, international bureaucrats are still busy crafting new taxes for development assistance. In 2000, the United Nations Development Programme started talking about Innovative Financing for Development (IFD), a complex set of spending projects and organizations in the field of development assistance that are to be funded mostly by new taxes.

Viewpoint on US Government Finances

Since the adoption of a law to that effect in 1917, the debt of the American federal government is subject to a “ceiling.” Barring an agreement from Congress, the current ceiling should be reached during the month of October. This is a structural problem, not a cyclical one. Even if we managed to balance revenue and spending and eliminate budget deficits, it would not spell the end of the basic imbalance in American government finances, which is due to the ever-growing financial obligations stemming from social programs.

Protecting Personal Data: The Economic Impact of Regulating the Internet

With the explosive growth of the Internet and Canadians' expanding use of it, questions about privacy protection are increasingly taking centre stage in public debates. It is essential, though, to distinguish between the protection we might hope for from the organs of government and the regulations that apply to private companies with which we transact freely for products and services of our choosing. Even if protecting personal information is an issue in both cases, the dynamic is not the same. It is the latter subject that concerns us in this Economic Note.

Back to top