Men lose their high aspirations as they lose their intellectual tastes, because they have not time or opportunity for indulging them… – John Stuart Mill Sweden envy. People trying to run other countries must feel like a younger sibling constantly being asked why can’t they be like the older one, who is richer, better looking,...

“Multinational corporations act and therefore should be taxed as single and unified firms. It is time for our leaders to be bold.” – Joseph Stiglitz Sitglitz says that the international tax system is broken.1)See Joseph Stiglitz quoted on CNN Money, June 2, 2015. Accessed September 20, 2015. And this is certainly true. Large corporations are massive...

“If something cannot go on forever, it will stop” – Herbert Stein’s Law The 2nd half of 2015 is proving to be remarkably challenging for the global economy.  Nevinomics has been struck by how many countries are finding out that the economic model that has sustained them for decades is running out of steam. But...

Nevinomics tries to see the good in most people and organizations. But I find it difficult to see much good in the IMF. The ‘Washington Consensus,’ in its application as economic reform policy that promotes market-driven economies for developing nations, for example, caused untold suffering around the world, particularly in Africa.1)While there is little consensus...

Poverty is fundamentally about a lack of cash. It’s not about stupidity. Erin Anderssen, Globe and Mail This is an idea – as the article says – that was debated in Canada in the 1970s. In fact, I remember the discussion from my childhood. But the oil crisis, stagflation, and general pessimism meant that by...

The cause of homelessness is lack of housing.  – Jonathan Kozol I usually don’t use profane language in Nevinomics. I am Canadian, after all, and uphold our wonderful tradition of politeness globally. Sometimes this makes it difficult to get noticed in the cacophony that is Nigeria, but there you go. The British, however, are really...