Category Archives: Regulation

Planners from hell – The Supreme Court’s bad breadth

(March 21, 1999) Over the last two decades, Delhi residents have watched their city’s air pollution soar to record levels. India’s capital is now the fourth most polluted urban centre in the world, yet government departments — beyond issuing comforting bromides to silence critics — undertake few concrete measures. Continue reading

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What would happen if we had a four day work week?

(December 21, 1998) Labor costs would decrease. Stanford Business School Professor Jeffrey Pfeffer recently noted in the Harvard Business Review that most managers don’t know the difference between labor rates, which only concerns inputs, and labor costs, which consider inputs as a radio of outputs. Continue reading

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Planners from hell – Mexico City’s cup doesn’t runneth over

(December 21, 1998) Although Mexico City looms large in the Mexican economy — hosting 45 per cent of the country’s industry and producing 38 per cent of its GDP — the Western Hemisphere’s largest metropolis has water problems to match its economic and geographic stature. Continue reading

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Discussion Group – Cod don’t vote

(December 21, 1998) On July 2, 1992, Canada’s fisheries minister banned cod fishing off the northeast coast of Newfoundland and off the southern half of Labrador. The northern cod stock, once one of the richest in the world, had collapsed Continue reading

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Editorial – The end of corruption

(December 1, 1998) Without corruption, poor countries, would not be poor, not even those ravaged by years of warfare. The Asian Development Bank reports that corruption can cost governments as much as half of their tax revenue and can amount to more than a country’s total foreign debt. Continue reading

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