In BOE Report I argue that even a would-be economically sensible defence of carbon taxes from the Ecofiscal Commission totally misses the key economic point that, because there are no good substitutes for gas, if you raise the price then give the money back in rebates people will use it to afford more expensive gas, and if you don’t give it back they’ll economize on other things to afford more expensive gas.
In my latest National Post column I say we all lost the 2019 Canadian federal election.
If you enjoy a lively, controversial, definitely counter-consensus take on all kinds of issues, check out Rex Murphy’s new “RexTV” on YouTube: https://www.youtube.com/watch?v=ZygLRdUzljg