Tuesday, February 20, 2007

From Jane Galt (via Mankiw)

This is a re-direct from Mankiw:

The post below also applies to behavioural economics, which the left seems to believe is a magical proof of the benevolence of government intervention, because after all, people are stupid, so they need the government to protect them from themselves. My take is a little subtler than that:

1) People are often stupid
2) Bureaucrats are the same stupid people, with bad incentives.

Well, I am a bureaucrat. I must have bad incentives..........moooowwwhahahaha!!

Monday, February 12, 2007

Garth Turner

This maybe a bit late, but here are my 2 cents on Turner joining the Grits........

I never hated Turner for being outspoken or even being a maverick when he was a Conservative. Of course, I believe caucus confidentiality is more important than being outspoken at times. After all, there are always some discussions that are not suitable for the mass-media consumption.

Now, I don't have problems with MP crossing the floor either. If they choose to do so, they better be able to live with the consequences.

My problem with Turner is that he ripped apart those who crossed the floor, and now he committed "the crime" himself.

Well, people who live in glass houses should not throw stones.

How can he justify that he is different from the others? Why is he so special, that he doesn't have to comply with the standard he set for others (i.e. resign and run in a by-election)?

Either Turner is a hypocrite (that does not believe in what he said) or he is so arrogant that he doesn't give a damn about his constituents.

Please enlighten me if you have another theory.

Thursday, February 08, 2007

Tuition Fees are Only a Small Factor

In today's Statistics Canada's Daily, there is mention of a research paper explores what role does tuition fees play in decisions for youth to attend university?

For all students who are protesting across the country in the past few days, this is not welcoming news.

I think the author of the paper did some very good research and made some very good arguments. Tuition fees play a very minor role on youth's decision to attend university or not.

For the record, I piled up more than $40,000 student loan. But I agree with the study.