In my latest Epoch Times column I contrast Australia’s admittedly parsimonious awakening on defence to Canada’s ongoing opium dreams.

“The key to any good policy, Prescott summarized, was to make a commitment and stick to it. ‘What I am going to describe for you is a revolution in macroeconomics,’ Prescott wrote in the American Economist in 2006. The essay further distilled theories from a seminal 1977 paper by Prescott and Kydland, titled ‘Rules Rather Than Discretion: The Inconsistency of Optimal Plans’... ‘You should not think in terms of controlling the economy,’ Prescott said in 2004. ‘That leads to bad outcomes. You should think in terms of committing to good policy rules.’… ‘Economists like simplicity. It’s one of our most endearing traits,’ he wrote in a 2006 op-ed in the Wall Street Journal. ‘As soon as you complicate things by getting between a man and his intentions you create all sorts of distortions that are often suboptimal (and are the devil to model). Taxes excel at these shenanigans. And those distortions don’t end when the grim reaper comes calling. Ashes to ashes, dust to trust.’”

The obituary of Edward Prescott, who shared the 2004 Nobel Prize in Economics, in the National Post November 14, 2022

In my latest Loonie Politics column I say Justin Trudeau’s totally out-of-touch aristocratic remarks about borrowing via credit cards may finally bring him down politically.

In my latest Epoch Times column I ask how it is possible that as the Canadian federal public service swells up like a dirigible, it can’t find someone to process expense claims from soldiers we sent to Poland then told to buy their own meals.

In my latest Loonie Politics column I say the 2023 federal budget is exactly what you’d expect from people who think we can’t afford not to spend beyond our means in good times and bad.

In my latest Epoch Times column I say all the people who thought replacing the McGuinty Liberals with “Conservatives” would make a difference to Ontario’s big-government path have been sorely disappointed.

In my latest Epoch Times column I say feeble proposals for reforming Canada’s ailing socialized medicine actually make things worse by denying that the patient is really ill.

In my latest Mercatornet article I say that what matters in the upcoming U.S. election is not what the people involved would have you focus on.