On Remembrance Day, poetry seems to belong to Dr. John McCrae and his poem “In Flanders Fields.” McCrae wrote this poem on May 2, 1915, one day after a close friend was killed by a German shell. The “speakers” in his poem are the Dead buried in Flanders Fields who tell of their lost ability to love and be loved. They demand the living continue their battle or they will not sleep. A contemporary of McCrae’s, Robert Service, who drove an ambulance and worked as a stretcher bearer in the same war, wrote with more compassion particularly in “Only a Bosche”. Continue reading Only a Bosche
“Older men start wars, but younger men fight them.” So said Albert Einstein.
And he was right, dead right. And no where was the slaughter more tragic than in World War I. For the Great War was the War of Attrition. It was acceptable to our politicians and generals if 10,000 men on our side died in a battle along with 15,000 men of the enemy. That’s what attrition is all about. Grind down the enemy and their resources by expending our men and resources. Just be sure their losses are greater than ours. If both sides are approximately equal in men and resources such a strategy exercised successfully will win the War… eventually. But at horrible costs. Continue reading War of Attrition
The Fraser Institute released a study this morning which should be of interest to politicians who don’t understand The Effect of Corporate Income and Payroll Taxes on the Wages of Canadian Workers. Here’s what their new study has to say today about corporate taxes in Canada:
“…we find that a 1% increase in the statutory corporate income-tax rate reduces the (inflation-adjusted) hourly wage rate by between 0.15% and 0.24%, depending on the model specification (these results are for workers employed in the private sector). Based on these results, if the 2012 unweighted average combined corporate income-tax rate for the ten provinces (27.34%) increased by just one percentage point to 28.34%, the national hourly wage rate in the following year would decrease by between $0.13 and $0.20, which translates into annual wages that are lower by between $254 and $390.” Continue reading A First Step for Justin
Do you know who painted this picture? Nope, it’s not a trick question or a contest. The artist didn’t sign it and I am asking the question as a favour for a friend who owns it. I realize that the likelihood of a visitor knowing the artist or anything about this work is remote, but I promised to help the owner use the Internet to at least ask. And the obvious place to start is right here. Continue reading Who is the Artist?
Today, the Fraser Institute released this year’s Economic Freedom of the World report. This report “measures the economic freedom (levels of personal choice, ability to enter markets, security of privately owned property, rule of law, etc.) by analyzing the policies and institutions of 157 countries and territories… using 42 distinct variables to create an index, ranking countries based on economic freedom, which is measured in five Areas: 1 Size of Government, 2 Legal Structure and Security of Property Rights, 3 Access to Sound Money, 4 Freedom to Trade Internationally, and 5 Regulation of Credit, Labour and Business.” The report uses 2013 statistics because that is the most current data year.
Property rights in Area 2 are our most fundamental and important rights. For many Canadians, property is their greatest asset and one they are placing considerable dependency on for a comfortable retirement. If a state doesn’t provide a strong legal structure and security of property rights, then it is seriously remiss, indeed. Canadians may think their economic property rights are secure, however, that is not exactly true. Continue reading Economic Freedom and Property Rights