Posted on November 13th, 2008

Gas Prices

a) Reply to Ron Turley’s Response (below) June 3, 2008 Thanks for your assessments. They are appreciated. Re banning speculators – I agreed in advance there’d be “can’t do it” reactions and that the key questions were how and by whom. But it seems to me to be a fundamental wrong that a few hundred […]

Is Capitalism Conservative?

To: Messrs. Kay, Foster, Dreyer, Cosh, Fulford and Jonas – c.c. Messrs. Corcoran and Gunter Dear Sirs, Re: Your articles on “Is Capitalism Conservative?” Wonderful journalism, and sorely needed. You’ve succeeded in highlighting one of the central problems of our times which is that our leaders, never mind our citizens, are really confused about the […]

Gas Prices Too High?

So what could be done about them? In the GTA these days, the price of gas at the pumps is around $1.00 per litre. We are being buffaloed into accepting dollar-a-litre gasoline (or $4.25 a gallon for us older folks) as “normal”. It’s time we did to the oil industry what was done to the […]


A) Inflation “Rising wages and prices don’t cause inflation. Wages and prices inflate because the currency is debased – made worth less – and a seller needs to charge more for his product or service in order to receive the same amount of standard value as before. The process is somewhat more complicated today than […]