Fred Lazar
Fred Lazar is Associate Professor of Economics at the Schulich School of Business, York University (Toronto). His primary research interests include strategy, governance, incentives and compensation, and First Nations economic development. He regularly advises governments and companies around the world.
Airport rents and other hidden taxes September 6th 2010
As reported by Brent Jang in today’s Report on Business: “Calgary International Airport is pushing to break its long-term lease with the federal government, aiming to…shake off what it views as excessive annual rents that drive up the costs of flying.” I wish the airport well. When the Canadian Government... The buck stops here or not September 3rd 2010
Earlier this week, Richard Fuld, the last CEO of Lehman, appeared before the Financial Crisis Inquiry Commission in Washington. (Sounds like the Inquisition.) Fuld blamed the federal government for the demise of Lehman. He claimed that his firm’s downfall was directly linked to choices made by the US Government and he stressed... Bigot and the left September 1st 2010
Earlier this week, Charles Krauthammer wrote a provocative column entitled “The last refuge of a liberal”. The essence of his argument is that the liberal-left respond to critics of their views and policies by labeling them bigots and little people. According to Krauthammer: “promiscuous charges of bigotry are exactly... Who knows? August 30th 2010
Nouriel Roubini claims that there is a 40% chance that the US economy will slip back into recession. Paul Krugman believes we are almost there. There are bulls in the bond market who expect the prices of US Government bonds to rise further. There also are bears who believe that the “bubble” will deflate and bond prices... Double dip? August 27th 2010
It appears that the US economy might be slipping back into a recession. Economic growth in the second quarter of this year was officially lowered to an annual rate of 1.6% from the rate of 2.4% reported originally. More disturbing is that the trend in real GDP growth is downwards from 5% in the fourth quarter of 2009 to 3.7% in the... |
