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FRASER UPDATE
A weekly digest of our latest research, commentary, and blog posts
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Latest Research
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Average Swedes pay high taxes to finance large government
The Mirage of Swedish Socialism: The Economic History of a Welfare State finds that despite common misperceptions, middle-class workers in Sweden—a country often celebrated by social democrats in Canada—pay relatively high taxes for Sweden’s large government.
Read More [[link removed]]
Populist regimes erode economic freedom, research shows
Populism, Majority Rule, and Economic Freedom, a chapter in the Institute’s upcoming Economic Freedom of the World Report, finds that in the absence of strong institutional checks on government power, such as constitutional rules that protect minority rights and an independent judiciary that will enforce these rules, populism in government can lead to a decline in economic freedom.
Read More [[link removed]]
Increased transparency at central banks improved effectiveness of monetary policy; a useful lesson for fiscal policymakers
Let The Sun Shine In: Policy Transparency Improves Economic Outcomes is a new study analyzing the increased transparency at central banks and the enhanced effectiveness of monetary policy over the past half-century, and highlights useful lessons for fiscal policymakers regarding government spending and public debt.
Read More [[link removed]]
Essential Scholars Explained Podcast
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David Hume: The Good, the Bad, and the Governmental [[link removed]]
Dr. James Otteson, John T. Ryan Jr. Professor of Business Ethics at the University of Notre Dame and author of the Essential David Hume, joins host Rosemarie Fike to discuss Scottish philosopher and economist David Hume’s perspective on human nature—and why he viewed specifically government as an oft-misused vehicle for a select few to extract resources at the expense of others.
Commentary and Blog Posts
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Government’s EV push may actually increase emissions [[link removed]]
(Appeared in the Toronto Sun) by Matthew Lau
Electric vehicles consume huge quantities of materials and their prices are trending up, not down.
Ontario government can accelerate housing supply—without eroding public trust [[link removed]]
(Appeared in the Toronto Star) by Josef Filipowicz
According to the province's housing task force, 1.5 million homes must be built over a decade to close the housing gap.
Ottawa drops the hammer on four provinces reliant on fossil fuels [[link removed]]
(Appeared in the Calgary Sun) by Kenneth P. Green
If these provinces do not comply, they may be hit with another carbon tax.
IMF report spotlights Canada’s economic woes [[link removed]]
by Jock Finlayson
Prosperity on a per-person basis has been stagnant since the mid-2010s.
Federal government should take accountability lessons from the Bank of Canada [[link removed]]
(Appeared in the Financial Post) by Lawrence Schembri and Steven Globerman
The government's debt-to-GDP ratio has risen consistently since 2015.
Canadians who want Swedish-style government should understand implications for taxpayers [[link removed]]
(Appeared in the Hub) by Jason Clemens and Steven Globerman
In Sweden, spending increases must be offset by equivalent spending cuts to meet fiscal targets.
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