A program which would have established a futures market on terrorist attacks has been cancelled according to ABS News. It's unfortunate that this program got cancelled as it would ... Read More

I predicted on Monday that talks between trade ministers this week in Montreal was not likely going to lead to anything substantive. Comments made today by trade ministers indicate ... Read More

Consumers are showing less confidence in the economy due to the unemployment rate rising from 6.1 to 6.4 percent in June. The situation, however, is not as bleak ... Read More

Today was the first day of a three day World Trade Organization summit on agricultural subsidies. For a number of reasons I'm not particularly optimistic that anything substantive will ... Read More

Here's one of the many e-mails I received regarding my "Books to Study Before Going to Graduate School in Economics" article. I thought you may be interested in hearing the ... Read More

Yesterday I reported that the Canadian Dollar had fallen half of a cent relative to the U.S. Dollar because more interest rate cuts were likely to come at the beginning ... Read More

One of my biggest interests in the last few years has been the ongoing battles between the RIAA and file sharing services such as Napster. An interesting thing that ... Read More

The United States is not the only country worried about deflation. Another interest rate cut is coming in Canada according to an article in the Toronto Star. ... Read More

I really wish that more sports writers would read my "Baseball Players and Opporunity Costs" article as some of them need a lesson in economic concepts such as "opportunity costs" ... Read More

At least once a week I recieve an e-mail advocating a return to a system of fixed exchange rates. However the world does not have a completely floating system of ... Read More

Mutual Fund Guide Dustin Woodard recently reported that "retirement plan participants are putting 42% of their money in their own company's stock." See his Dangers of Company Stock for more ... Read More

As promised, the disputes resolution panel of the North American Free Trade Agreement made a finding on the two decades old softwood lumber dispute. Unfortunately the finding created more ... Read More

My new article this week titled "How Markets Use Information To Set Prices" looks at how different markets use information and beliefs to set prices, and how we can conversely ... Read More

I must admit, I didn't see this interest rate drop coming at all. Most economists, myself included, thought the Bank of Canada would not announce a rate cut although ... Read More

Another day, another story about deflation. It's known to all that when Fed Chairman Alan Greenspan talks, the business journalism community listens. Economist Michael Englund believes that Greenspan's ... Read More

The price of gas has steadly risen at the pumps over the last few months, as the price of Brent Crude Oil has risen from $22.94 on April 29th to ... Read More

The Canadian Dollar has dropped over 2 cents this week relative to the U.S. Dollar and the selloff may continue if investors do not believe a recovery is coming or ... Read More

Deciding to obtain a Ph.D. in economics is one of the biggest decisions anyone will make in their lifetime. To be able to successfully obtain a Ph.D. in economics, ... Read More

Canadian free-market think tank The Fraser Institute has just released their annual report on economic freedom. In the words of the Fraser Institute: "This 7th global economic freedom report, by ... Read More

Nathan Johnson, a very bright economics undergraduate student, has written an interesting article on free trade and the environmenmt, a subject I've meant to write about for a long time ... Read More

When I wrote the article "The Dividend Tax Cut and Interest Rates" I stated that investors were likely to purchasing more stocks which paid dividends at the expense of bonds ... Read More

Thanks to one of my regular readers for sending me this news story. If you want to direct my attention to an interesting news story please using the feedback ... Read More

We're going to have to wait until the 17th of July to hear NAFTA's ruling on the softwood lumber dispute, according to this article in my hometown London Free Press. ... Read More

We seem to be getting a lot of mixed messages lately. On the 4th of July it was reported that the unemployment rate hit a nine-year high. The ... Read More

It looks like the European Central Bank won't be cutting interest rates anytime soon. A recent article by Reuters shows that ECB president Wim Duisenberg does not want to ... Read More

I have the great pleasure of working at the same University as Steve Landsburg, author of The Armchair Economist and Fair Play. Dr. Landsburg's monthly columns on Slate under ... Read More

While the article "How Much Should We Worry about a U.S. Deflation?" at the Brookings Institution is a month old, deflation is still a hot topic, so I thought I'd ... Read More

Recently the Toronto Star ran the ill-advised, poorly reseached, and downright inflammatory story "White Jays - Economics blamed for lack of diversity". The article states that the ... Read More

I don't think I've mentioned it before, but the The Library of Economics and Liberty is probably my favorite economics site on the internet after, well, mine. Their most ... Read More

Edgar R. Fielder once said "Ask five economists and you'll get five different answers (six if one went to Harvard)." The issue of the dividend tax cut is no ... Read More

In my article "We Will Never Run Out Of Oil", we saw why economic reasoning shows that the world oil supply will never completely run out, even if a few ... Read More

Reuters got hold of a new and currently unreleased research paper by the New York Fed which links the unexpected Interest Rate cuts by the Fed and stock prices. ... Read More

The U.S. has repeatedly put tariffs on Canadian softwood lumber because they feel the Canadian government is unfairly subsidizing Canadian producers. In my article "The Softwood Lumber Dispute" you ... Read More