Tag Archives: monopolies

The Invisible Hand: Episode Five – Moral Hazard

“What is a Moral Hazard? To economists, it is a state that exists when people tend to take more risks knowing that someone else will bear the costs.” [The Invisible Hand: Episode Five – Moral Hazard] Couldn’t one say that this is the crux of what is wrong with our fetishism with unbridled capitalism? We […]

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Cutting Your Cable is a Bad Idea…Yeah, Right.

Thinking of cutting your cable? Well that’s a bad idea – Globe & Mail Video I call BS. Only 1.3% of Canadians have cut off their cable? Where are they getting their statistics? Who is this Steve Ladurantaye? Apparently, he’s a journalist with the Globe & Mail.  The piece didn’t look at other legitimate options […]

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