Lionel “Robbins defined economics as the science concerned with the implications of the insight that men are economizing individuals who seek to allocate given scarce resources among given competing ends.”
Israel M. Kirzner in Edwin G. Dolan, ed., The Foundations of Modern Austrian Economics
In my latest National Post column I deplore the conventional wisdom that in any showdown between Iran and the West, it is the West that lacks attractive options and must find some face-saving way to give in.
In BOE Report I talk about a website that makes it easy to check Canadian government data for an increase in heat waves in Canadian cities over time… and not find one. If it’s all about the evidence, surely the lack of support for this particular claim should lead people to stop making it.
In my latest Loonie Politics column I urge Doug Ford to put aside populist bluster and take advice from the experts who’ve spoken at our Economic Education Association of Alberta conferences on fixing problems in government by relying on sound ideas.