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In the wide world of video game launches, May 15, 2012 marked the day that Diablo 3 launched. Diablo is an action RPG game set in a medieval town beneath which Diablo, the Lord of Terror reigns. It is the sequel to the widely popular games Diablo 1 and 2. The series is best known…
Saskatchewan premier Brad Wall caused a bit of a stir in January when he pointed out some inefficiencies in Canada’s EI system. Now Mr. Wall got slapped on the wrist for being insensitive and too conservative by many media outlets, but I believe he has a pretty strong case. The employment insurance program is ridiculously…
One of my regular media gigs is sitting on the Alberta Primetime Monday Money Panel and for our year end show, we were asked to talk about some interesting stories from 2011 or share stories of interest and things we are watching in the new year. 30 seconds is not much time to respond properly…
In the October 29th issue of “The Economist” I read an article that asked the question, if you could be a resident of any place and time in history, which would you choose?” It’s an interesting question because not only do you think back to your high school and college history classes but you start…
I recently talked to Dr. Jean-Paul Rodrigue, from the Department of Economics & Geography at Hofstra University to discuss his research on business cycles and how it applies to our current economic situation. His work charted the phases of a bubble, based on hundreds of years of economic data. Thanks to Dave in Calgary for…
In 1926, Nikolai Kondratieff (also spelled Kondratiev or Kondratyev) published a study called Long Waves in Economic Life for the Agricultural Academy and Business Research Institute in Russia. Kondratieff noted that capitalist economies have long waves of boom and bust, that he described similar to the seasons in a year. However, for presenting his work…
Last Friday, the Bank of Canada governor Mark Carney said that “we believe the economy will grow this quarter”, which technically means the recession in Canada was over in June. On Monday, Trade Minister Stockwell Day repeated this claim in the Penticton Western News, writing “I’m not kidding. The recession is over… Last week, after…
