Archive for the Micro Chapter 11 Category

The High Cost of Driving: Putting A Price on Traffic

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Here is a short analysis of an interview CBC did with Prof. Chris Ragan of McGill, Chair of the EcoFiscal Commission. The video include the CBC interview. There are great issues of negative externalities, and how people ignore the opportunity costs of being stuck in traffic. The […]

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Can Road Tolls and Congestion Taxes SAVE Money ?

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Canada’s Ecofiscal Commission issues a report titled “We Can’t Get There From Here: Why Pricing Traffic Congestion is Critical to Beating It.” The commission recommends road tolls and congestion taxes as a way to save money for drivers, businesses, and the economy in general. The CBC story reports […]

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Krugman Welcomes Keynes to Canada

John_Maynard_Keynes

Paul Krugman’s column on “Keynes Comes to Canada” is a treasure-chest of Canadian policy issues. His focus is on the Liberal Party’s platform position to run budget deficits for a few years to finance infrastructure investment — “Interest rates are at historic lows, our current infrastructure is […]

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