David Hume observed that none of us have done anything like signing a contract, so it’s silly to believe that’s why we have faith in the government. We obey the law because having a government is usually useful.
An effective climate change strategy must reckon with reducing emissions from our buildings. The question, of course, is how can we do that without driving up the costs of housing and commercial buildings at the expense of households and our economy?
Some people reject the simple explanation to a simple problem and think that new housing supply will not improve the situation. They think the real problem is that housing has become “financialized.” Don’t buy it.
It will be crucial in a post-pandemic world to think of economic policy not exclusively through the lens of the individual, but also through the most important social and economic institution that we have: the family.
The first country to acquire one percent of the total supply of Bitcoin will likely be the only country ever able to do so. As with discovering the world’s rarest mineral deposit in your soil, Bitcoin has the power to make poor countries rich and rich countries irrelevant.
With all this growth and promise in digital assets, where are our regulators and tax authorities? Nowhere to be seen. Does any government, provincial or federal, have a serious plan to face this financial upheaval? It would seem the answer is no.
A viable plan must not seek to slip through development approvals without the neighbourhood noticing, nor should it ram through major policy overhauls against the wishes of voters only to have them overturned when a new government gets elected on a promise to bring back local control.
The growth of identity politics in mainstream discourse threatens to replace the cohesive power of commonality with a politics of resentment. This only deepens our divides, undercutting progress from a time when diversity wasn’t valued and otherness was a sure path to exclusion.