Tag Archives: economics

Chris Wood on Canada’s Old Testament Economics

An illustration from Bible Pictures and What They Teach Us by Charles Foster. Public domain.

Chris Wood writes that the religious faith of Canada’s prime minister is properly his business. His shepherding of the economy according to Old Testament economics, however, is everyone’s concern. An illustration from Bible Pictures and What They Teach Us by Charles Foster. Public domain.

Outside Canada, writes Natural Security columnist Chris Wood,  dangerous magical thinking — what he calls Old Testament Economics — “is increasingly being called out for its error by economists more based in reality … a Reformation is sweeping the ecclesiastical strongholds of market idolatry.” Within Canada, the reality accepted by a growing body of economists is dismissed by Prime Minister Stephen Harper and his “secular congregation” — and that should concern everyone, writes Wood. An excerpt of his new column, Kool-Aid Economics (subscription):

Canadians have been aware for some time that their Prime Minister subscribes to an arcane fundamentalist strain of Christianity. Being the polite and generally go-along types we are, we have quite properly left his faith between the man and his God. However, it is now evident that Canada’s P.M. is a credulous disciple of another not-so-fringe and much more dangerous faith, about which we have every right to be deeply concerned.

That cultic faith is Old Testament economics.

Stephen Harper is an acolyte of an especially purist strain of neo-liberalism, a pseudo-scientific theology replete with parables, miracles and catechisms of faith. It is to reliable modeling of reality roughly what witches and alchemists were to modern science. (Then again, Harper might welcome the parallel; he has spent most of his majority term metaphorically stoning Canada’s public scientists and burning their labs.)

Nonetheless, among this faith’s central tenets is the idea that to make a profitable omelette, some eggs just gotta break. Or, as Harper himself has intoned, justifying his refusal to defend his country’s environment or the global climate: “No country is going to take actions that are going to deliberately destroy jobs and growth in their country.”

It’s the black and white thinking of dogma, like good and evil, believer or heretic. Choose one: a paycheque or, you know, air. We have a tragic history of this illusion in my country, where the rotten-egg stench of a pulp mill — often a town’s only reason for being — was colloquially described as ‘the smell of money’ … log in (subscription required*) to read Kool-Aid Economics.  

Click here for Chris Wood’s Natural Security column page,  or here to subscribe or purchase a $1 site day pass.

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F&O Weekend

This F&O weekend ranges widely: bringing wolves back from the dead to the role of 3D printers in killing industries;  greenwashing to Europe’s role in Ukraine’s mayhem; a eulogy for a Canadian swan to a macabre American hospital mystery.

No Going Back. Column, By Jim McNiven (Subscription)

When we read about the Great Recession of 2007-11, there seems to be an assumption on the part of commentators that as soon as the economy ‘turned around,’ we could get back to normal. That’s not how it is turning out — and that should not be surprising. There is no going back.

Wild Bees Catch Infections. Science dispatch, By Deborah Jones (Subscription)

Disappearing Honey Bees

© Greg Locke 2013

Agricultural crops from almonds to zucchini are necessarily pollinated by bees, both managed and wild — but colonies of all bees have been collapsing, for reasons that are likely complex and but dimly understood. That’s why it matters, and not least to human food security, that researchers have now found that two infections common in domestic bees can spread to wild bees. Global trade may be worsening infection rates, suggests the study published in the February 20 edition of the science journal Nature.

Roads paved with good intentions Column, By Chris Wood (Subscription)

Ronald Reagan, in a lucid moment, famously characterized his approach to nuclear negotiations with the Soviet Union as: “Trust — and verify.” Much the same, it turns out, might be said for the green boasts of business. If we’re honest about it, most of what threatens our natural security is the result of our own appetites. Boreal forests are turned into tar pits to push our comfort pods from driveway to the mall. Mountains are crushed to expose the copper and rarer metals that ignite the digital fire in our smartphones. Rivers are emptied to grow our out-of-season salad. But what if we could have our smart-phones and February salads and cars without any of that destruction?

Europe carries blame for the Ukrainian violence. Column, By Jonathan Manthorpe (Subscription)

European leaders should not congratulate themselves too heartily for mediating the compromise agreement that, with luck, will end the demonstrations and appalling violence on the streets of Ukraine’s capital Kiev and other major cities. It is, after all, sins of commission and omission by Brussels that have played a large part in stirring up the political chaos in Ukraine as its people try to decide if their future should be with the European Union (EU) or their old political overlord in the Soviet Union, Russia.

China’s role in North Korean atrocities complex. Column, by Jonathan Manthorpe. (Subscription)

By emphasizing China’s complicity in the unparalleled atrocities by the North Korean regime of its people, United Nations investigators have doubtless ensured Beijing will use its Security Council veto to block further action. Beijing has reacted angrily to the commission’s findings and recommendations, which are highly critical of China’s treatment of North Korean refugees who have fled across the border.

Winter Swan Essay in words and photos, By E. Kaye Fulton (Public access)

Swan

© E. Kaye Fulton

This has been a hard, hard winter for wildlife  – the worst, locals say, in 70 years. For a month or more, the mute swans of Wellington, Ontario, have been buffeted by howling winds and driving snow. Unable to forage the frozen shorelines and bottom of Lake Ontario for food, they fend off starvation by curling themselves into snowy white mounds, immobile and defenceless on the impenetrable surface. Two nights ago, in search of easy prey, coyotes crept across the ice to claim two sleeping swans huddled at the end of the line formed by their 26-member flock.

Wolves as Ecosystems Engineers. Column, By Deborah Jones (Subscription)

gray wolfRed Riding Hood and the Three Little Pigs have a lot to answer for: thanks partly to fairy tales, wolves have a ghastly and global reputation as big and bad, terrorists of young girls and small pigs, good for nothing but their pelts. But science offers redemption — and one fair wolf tale can be found in Yellowstone National Park in the western United States. Alas, it’s a tale without an end. Free Range column by Deborah Jones

Hidden in a Heart. Justice dispatch, By Marshall Allen, ProPublica (Public access)

Linda Carswell thought her quest to recover her husband’s heart had come to an end. Finally, after almost a decade, she would be able bury it with his other remains. She could have peace of mind. Instead, the saga has taken a macabre twist that she calls, “beyond belief.”

Findings: social media matters By staff (free blog)

The big picture matters. A heart-wrenching photo on Twitter spread wildly this week. It appeared to show a little boy separatedfrom his family as they fled Syria’s violence: “UN staff found 4 year-old Marwan crossing desert alone after being separated from family…”   But the photo showed only a tiny portion of a crowd, which included the boy’s family. And therein lies the sting.

Miscellany:

  • ProPublica, the not-for-profit American investigative journalism news organization, was awarded a 2014 MacArthur Award for Creative and Effective Institutions, which recognizes creativity and impact. The $1 million U.S. is very nice – ProPublica said it will add the money to its reserve, “laying the groundwork for an expansion of its investigative newsroom.” Equally important is the recognition from the globally-prestigious John D. and Catherine T. MacArthur Foundation. ProPublica is one of just seven non-profits around the world to win the  one-time grant. The others are the Campaign Legal Center, the National Housing Trust, NatureServe, and the University of Chicago Crime Lab —  all in the United States, and the Citizen Lab in Canada and the Women’s Rights Advancement and Protection Alternative in Nigeria.
  • Mavis Gallant died this week. Her last name was graced with serendipity: she was a woman with the guts to quit a perfectly good journalism job, move to Paris on a wing and a prayer, and write fiction. And, boy, did she Write. “I have lived in writing, like a spoonful of water in a river,” she penned in Selected Stories, highlighted in an interview with The Guardian. The New Yorker offers a selection of stories  published by that magazine. F&O’s Frontlines blog about Gallant, here, includes a link to the excellent CBC radio documentary portrait of her, and selected readings including her own short stories in the New Yorker.
  • Recommended: Below the city of New York lies heaven … if you’re a geologist. The New York Times reports on the city’s latest wave of excavations, and the bonanza they provide for scientists.
  • Recommended: The Disintegration of Kiev, a photo gallery in Europe’s Der Spiegel
  • Recommended: This Old Man, Life in the nineties, a glorious treatise on aging and love by American baseball writer Roger Angell, in his natural habitat of the New Yorker.

Last but not least:

The woman flying in the Twitter photograph below is Husna Sari, a Turkish journalist. Poynter interviewed her about her encounter with security forces who used firehoses to quell demonstrators and the country’s journalists. Sari told Poynter: “Turkey is now a country of censors but in that demonstration people didn’t protest the internet censorship. It was a demonstration set up to stop the unfair imprisonment of scientists, soldiers and journalists.” In his last F&O column on Turkey (subscription required) analyst Jonathan Manthorpe wrote of Prime Minister Tayyip Erdogan’s desperate efforts to stay in power and the contentious roles of the military and Islamists in Turkey.

 

Have a good weekend.

 

Posted in All, Current Affairs, Gyroscope Also tagged , , , , , , |

Newfoundland fishery 20 years after cod moratorium

Gerald Cooper of Trinity Bay, Newfoundland bring home the only thing he caught, a lone mackerel, on his last day of fishing before retiring. Photo by Greg Locke © 1999.

Twenty years after the Canadian government shut down the 500 year old Newfoundland cod fishery there are few signs of recovery of the near-extinct legendary fish stocks on the Grand Banks and north west Atlantic ocean. The fishery has changed but it is still possible for an ecologically viable and sustainable fishing activity … if the assorted governments, unions and fish companies would look for a better way and take responsibility for their actions. Check out  Two decades of disaster: Newfoundland’s fishery. for my look back on 20 years since the moratorium.

 

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