Tag: economics
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Quality Over Quantity: How Canada’s Immigration System Can Catch Up
Canada’s immigration point system is designed to select skilled immigrants who have the potential to contribute to the country’s economic growth and meet its evolving skills needs. However, Canada faces challenges in fully leveraging increased immigration levels to enhance the well-being of Canadians due to weaknesses in capital investment and a quantity/quality trade-off in selecting…
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Soaring Sports Game Ticket Prices Are Nothing New
For years, hotels and airlines, car rental agencies and energy companies have been using a phenomena known as dynamic pricing to set costs for their consumers. This real-time pricing results in fluctuations depending on a variety of factors, but is often associated with supply and demand – and it is becoming more and more prevalent…
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Benefits of Working On The Front-line in Canada: Lessons From My First Job
As a double immigrant who worked his way through high school and university, I am a big believer in the lifelong benefits of working on the front line, early in life. My first job was an eye opener to say the least. As a double immigrant who worked his way through high school and university,…
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Why Pearls Keep Soaring In Popularity And Price
While diamonds used to be a girl’s best friend, pearls may now be the wiser purchase because we are in the middle of a Pearl Renaissance and everyone from Michelle Obama, Beyonce, Ellen DeGeneres, Kris Jenner, and Angelina Jolie to Rihanna and Keira Knightly are sporting the pearl look. While pearls are soaring in popularity, so…
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Christmas Gift Made In China? Historical Long Distance Trade Lead To Modern Global Lives Of Things
Until quite recently, the field of early modern history largely focused on Europe. The overarching narrative of the early modern world began with the European “discoveries,” proceeded to European expansion overseas, and ended with an exploration of the fac-tors that led to the “triumph of Europe.” When the Journal of Early Modern History was established…
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The Godlike Power Of Money
God-like powers? The United States Federal Reserve essentially drives the entire world economy. Money runs the world’s economy. It determines who rules nations, and it rules lives. These are the three most significant properties attributed to the power of money, in addition to its basic function as a medium of exchange. But we can attribute…
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Automation Key To Future Of Work Under Great Reset
LOS ANGELES—Automation is no longer an option, automation is the key to surviving the Great Reset. In 2021, more than 47 million American workers resigned, an annual record. In Canada numbers are harder to determine since accurate resignation numbers are not readily available. However, Statistics Canada has published the results of a survey pitched towards Canadian…
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Quirky Doc About One Man’s Quest For Supreme Tea
Invest a little over an hour watching this documentary about tea and you might find yourself contemplating a new connection between rural farming communities and the tea farmers of China. That’s because All in this Tea deals with all aspects of Chinese tea production, but takes a special interest in how a new demand for…
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Crypto Currency Pop Quiz
Which digital currency originated from the Doge meme and was originally introduced as a joke? Is it the same currency that quickly developed into an online community and that was capitalized a few years ago at over $240 Million USD? Take this pop quiz challenge and find out. Featured image via- darkwebnews.com UPDATE- How Pi…
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Gaming And Gambling Is Innately North American And Predates Euro Contact
Gambling is innately Canadian. Whilst that may seem self-evident today, it was no less obvious before the idea of Canada as a unitary nation had even been established. Gary Smith of the University of Alberta has described how “First Nations peoples gambling on sports events pre-dated the arrival of Europeans in Canada”. Despite a fluctuating legal status…
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7000 Words About The Refragmentation Of The Economy
One advantage of being old is that you can see change happen in your lifetime. A lot of the change I’ve seen is fragmentation. US politics is much more polarized than it used to be. Culturally we have ever less common ground. The creative class flocks to a handful of happy cities, abandoning the rest.…
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How Big Data Is Exactly What It Sounds Like
When Facebook founder Mark Zuckerberg took to Capitol Hill to explain user data retention almost four years ago, he essentially sat in the hot seat on behalf of every entity that has ever collected and used personal information to craft better products. If that sounds like a massive catch-all, that’s because it is. However, Systems…
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Why Getting a Business off the ground takes Guts
It’s an idea that has crossed the minds of virtually everyone who has worked for somebody else, regardless of the job. As you put in time and labour that ultimately benefits someone else’s business, it dawns on you: Why can’t I just set up shop and do this myself? Why can’t I be the one…
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There Are New Forms Of Money On The Horizon
Take a look at these transactional trends to see how you might be spending your money in the future. What does the future hold for the way we pay? Paying for your purchases used to be to the most straightforward task around, you’d exchange your coins with the cashier and in return you’d receive your…
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WFH Is Hard But Working Den Aims To Change That
Launching at a time when the world is going remote, Working Den aims to serve the growing community of remote workers and businesses globally by offering a holistic solution to help members create a healthier, motivating and sustainable work environment. With more and more businesses turning to remote working options, it is the best time…
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‘Paws Off My Waterhole!’ Some Thoughts On The Study Of Hierarchies
Who benefits, and how, from the operation of human social hierarchies? This article from Michael W. Diehl looks at social and economic inequality and the need to asses the costs and benefits that accrue to persons of varying status in social hierarchies. This “behavioral ecology” has historically been concentrated on food selection between classes or…
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5 Ways to Stay in Touch With Your Customers
If you are a business owner, you probably know the importance of taking care of your business to last longer. This includes various steps, such as audience retention, brand reach and customer satisfaction. There are many practices that help in building the brand and trust. Staying in touch with your audience can be a great…
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How Sixty Percent Of Consumers Have Changed Shopping Behaviors Due To Covid
Global Consumer Spending to Plunge by 8.6% to $44.3trn by end of 2020 The coronavirus pandemic has changed almost every aspect of people’s daily lives, and consumer spending is no exception. The uncertainty of the COVID-19 crisis caused considerable changes in consumer habits, forcing them to cut down their budgets and prioritize spending. According to…
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Violence Against Women Costs Lesotho South Africa $113 Million USD Annually
A recent Commonwealth report has revealed violence against women and girls costs Lesotho more than $113 million (about 1.9 billion Lesotho loti) a year. The report estimates the total cost, including loss of income and expenses associated with medical, legal and police support, equates to around 5.5 per cent of Lesotho’s gross domestic product (GDP). The cost…
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Invest In eSports- Ministers Welcome Commonwealth Interventions To Rebuild Hard Hit Sport Sector
Commonwealth collaboration is vital to the recovery of the sport sector which has suffered a crushing blow from essential measures to stem the spread of COVID-19. This was the recurring theme as sports ministers from Africa, Asia, the Caribbean, Europe and the Pacific met at a landmark forum on the impact of the pandemic on…
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People In Japan, Spain, France Are Unhappy With Government COVID Response
Paris, France May, 2020 — Sentiment over whether governments are doing a good job of containing the coronavirus pandemic has swung in a number of countries over a month, according to the latest Ipsos poll. A majority of people in nine out of 13 countries feel their government is doing a good job of containing the…
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Canadian Group: Australian Wildfire Facts Blocked by IFCN
(Calgary, Alberta) Australian wildfire facts are being blocked from public distribution by the International Fact Check Network (IFCN), Poynter Institute and facebook. Friends of Science Society has issued a rebuttal to Climate Feedback’s Australian wildfire analysis, a member of IFCN, that claims human-caused ‘climate change’ is the culprit behind Australian wildfire stories, not arsonists or untenable…
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Reform WTO And Resist Protectionism, Say Commonwealth Trade Ministers
Trade ministers from across the Commonwealth today made a commitment to resist all forms of protectionism, and to work urgently together towards reforming the World Trade Organisation, which sets the global rules for international trade. Following a meeting in London, ministers from the 53 Commonwealth member countries declared their collective support for free trade in…
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Canadian Money And How Select Banks Create It
My book, Money: Whence It Came, Where It Went, tells us that “The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled.” Graham…
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How We Set In Motion Coffee Global Business
If you are like me- someone who has drunk much more than one coffee in your life, you might be interested in pondering this question: Why do you think the multi-billion-dollar global coffee industry can be a losing business for the growers, whose hands till the land from where coffee starts? In fact, if you…
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Intelligence Squared U.S. Begins Season Debating Saudi Arabia, Iran & Turkey – In NYC & Online September 12
Saudi Arabia and Iran are vying for regional dominance, as the latter pursues nuclear weapons. Turkey is cozying up to Russia and China. Instability, conflict, and proxy wars have engulfed Syria, Yemen, and beyond. How should the United States respond to changing power, proxy wars, terrorism, and human rights issues in the Middle East? On…
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Peter Robinson On Job Obsolescence- Government Should Not Protect Jobs
A recent OECD report finds that low and middle income earners have seen their wages stagnate and that the income share of middle-skilled jobs has fallen. Rising inequality has led to concerns that top earners are getting a disproportionate share of the gains from global “openness and interconnection”. During a Summer 2017 meeting of OECD,…
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Top Ways Folks Go Broke
Being broke sucks and you don’t have to come from a wealthy family, have the next billion-dollar idea or work 18-hour days to become rich, says self-made millionaire Mike Finley. In fact, you don’t have to be extraordinary in any of the headline-grabbing ways. What you need is the self-awareness to avoid wasting Financial Happiness. “Money…