I have offered a couple of posts on Demeny Voting, a way of recognizing that children have the right to vote. This post describes the scheme, which involves giving parents a proxy vote for each child under their guardianship. Chrystia Freeland recently wrote about this idea and its impact on inequality in The New York Times, and I offered another post with the text of my TEDx talk given in March 2013. Here for your interest is the video of that talk, very capably produced and edited by the team at TEDxWaterloo. As always, comments are welcome.
Top income shares have increased significantly in some rich countries, but not so much in others. In the United States the fraction of income going to the top 1% has more than doubled since the late 1970s. And while top shares have increased in other countries like Canada and the United Kingdom, they have not gone up all that much elsewhere, say in Germany or Sweden.
Globalization and technological change are often said to be the causes of growing inequality, but all rich countries have been confronted by these forces, and on their own they cannot account for the variation in top income shares between countries. A full explanation has to rely on institutions, policies, or norms of pay that differ across national boundaries.
The first and most obvious place to look is at changes in tax rates.
Some comments on an article I published in The Globe and Mail about Canadian immigration policy, Canada’s version of the guest worker programs used in some European countries, are just astounding.
My analysis is based on nothing more than a simple demand and supply model of the labour market to argue that this program amounts to a wage subsidy. Since it does not seem to address any clear market failure it likely promotes both inefficiency and inequity.
Everyone has been talking about it: academics for at least a couple of decades; think-tanks and international organizations like the OECD and the IMF as well; and even—at least since the Occupy Wall Street movement went camping—the average taxpayer.
And now, after having adopted a motion introduced almost a year ago by Scott Brison, the honourable Member of Parliament for Kings-Hants, the House of Commons has charged its Standing Committee on Finance to also talk about it: yes, Virginia, Committee hearings on “Income Inequality in Canada” have begun.
Can there be a topic that is least likely to garner consensus among our Members of Parliament than taxes and inequality? Little wonder they are so late to the conversation.
On Thursday the Committee held the second of at least three hearings. Among its terms of reference is to “examine best practices that reduce income inequality and improve per capita gross domestic product.” If the written briefs posted on its website and some of the witness statements to date are any indication, the Committee has its homework cut out for it. At first look these are lofty of principle, short on prescription.
Hi my name is Z… and I am in 10th grade, I have a history project relating to economic inequality and social justice. I found your blog on economic inequality online and I was wondering if you could answer my interview questions, the questions are — What has happened to make economic inequality relevant in Canadian history? and To what degree has a commitment to social justice been significant in creating Canada today?
Statistics Canada reported that employment rose by 51,000 in February.
These numbers seem to gyrate tremendously from month to month in a way that has little to do with economic fundamentals: jumping by 40,000 in December, falling by 22,000 in January, and now rising significantly.
How much confidence should we have in them?