Articles
Go Movies or Go Home?
Owen Milstone explores how piracy threatens entertainment industries by diverting revenue from legal sources. Despite high spending by companies like Netflix, rising costs and labor disputes worsen the issue. The tragedy of the commons applies, where individual benefit outweighs collective harm, leading to widespread piracy. It affects TV, movies, music, and sports, impacting artists and athletes.
Universal Basic Income: The Key to the Economy of the Future
In this editorial, Tomas Serrano dives into the push for universal basic income (UBI) as a solution to poverty and income inequality has gained traction globally, especially in light of job displacement from advancements in AI. In Canada, bill S-233 seeks to establish a national framework for UBI, inspired by historical experiments like Manitoba's MINCOME.
Despite concerns about abuse, inflation, and costs, supporters argue that UBI could provide a safety net, aid workforce reintegration amidst automation, and foster a society where individuals pursue passions.
The Mistiming of Creation and Destruction During AI Innovation
Eric van Remmen discusses how Artificial Intelligence (AI) reshapes industries and job markets, drawing parallels with historical instances of creative destruction. It highlights the potential risks and societal impacts of AI's rapid advancement, emphasizing the need for proactive measures to address these challenges and ensure societal resilience.
Navigating the Debt Dilemma: The Impending Conundrum of U.S. Federal Deficits and Monetary Policy
In our latest financial analysis, Eric van Remmen delves into the mounting government debt crisis, spotlighting the United States' fiscal challenges and their global implications. From historical debt management to current deficits and interest payments eating away at budgets, we scrutinize the intricate web of monetary policies and their potential impacts. The critical question remains: Can governments navigate this economic landscape without catastrophic consequences while addressing mounting debt and its ripple effects?
Beyond Dollars and Cents: Unraveling the Economics of Happiness in Career Choices
In this compelling editorial, QBR Senior Editor Morgan Farley probes the evolving priorities of young Canadians navigating career choices amidst economic uncertainties. Balancing the age-old lure of high earnings against the increasing value placed on well-being and job satisfaction.
Unravelling the Canadian Labour Market's Dance with Inflation, Monetary Policy, and Economic Trends
In this insightful editorial, QBR Editor Eric van Remmen dissects Canada's intricate dance with inflation, labor dynamics, and economic policies. Navigating through strikes, stimulus-induced booms, and aggressive immigration pushes, he shines a light on the delicate balance the nation must maintain amidst post-pandemic tremors. With the Bank of Canada on a tightrope and inflationary pressures at the helm, this piece offers a deep dive into the multifaceted challenges and potential trajectories of the Canadian economy.
Four Day Work Weeks: Yay or Nay?
The four-day work week presents various benefits. However, many counties and companies still follow a five-day work week due to the worry of less output from employees, because of losing a whole day. But, from many experiments and studies, that theory has been deemed flawed. Even with evidence, is there a more in-depth reason why companies are not transitioning to a four-day week, or are they just falling behind in this fast-paced world?
True North Strong and Oligopolistic
Companies in Canada’s duopolistic and oligopolistic industries continue to grow stronger, signalling the need for intense government reforms. As seen in the aviation, banking, and telecommunications industries, outdated regulations harm Canadian consumers and entrepreneurs as they have an overwhelmingly negative impact on innovation and living costs.
Creativity in Unoriginality: The Impact of Outdated Copyright Laws
Outdated terms may hinder Canadians’ ability to innovate in different industries, especially within the artistic, literary, and technological fields. Although measures may be taken to implement appropriate mechanisms to deal with the challenges resulting from the digital era, it is apparent that copyright is indeed being rendered obsolete.
Carbon Removal in a Time of Climate Disaster
In recent decades, activists and environmentalists alike have made great strides to raise climate awareness. However, the frequency of natural disasters is increasing, and the intensity of climate-related issues is becoming crystal clear. If nations do not work together to reduce global carbon emissions before 2030, the effects of climate change will be irreversible.