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Gregory C. Mason

Research and teaching in public-policy

  • Publications
    • Articles (academic)
    • Chapters in Books
    • Current Research and Working Papers
    • Book Reviews
    • Methodology Notes
    • Technical Reports & Monographs
    • Workshops & Presentations
  • Guiding the Invisible Hand
  • Teaching
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    • Economic Analytics Using Computer Based Methods
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  • PRA INC.

Commentary

Every individual... neither intends to promote the public interest, nor knows how much he is promoting it... he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.

The Theory Of Moral Sentiments, Part IV, Chapter I, pp.184-5, para. 10.

Has COVID-19 mandated a Basic Income

May 4, 2020 by Gregory Mason

The rapid fraying of the economy due to COVID-19, with unemployment rates projected to reach 25 percent and higher, has prompted heightened interest in universal basic income (UBI). Prior to the pandemic, despite a decline in poverty and a slight reduction in measures of inequality, the drum beats for a basic income were growing stronger. Canada’s business sector promoted … [Read more...] about Has COVID-19 mandated a Basic Income

We need a Covid DEW Line

April 30, 2020 by Gregory Mason

Public health experts and politicians are suggesting that we can see a point when restrictions could relax. But any relaxation must be careful and measured, quickly reversible if COVID reappears.  Everyone maintains that wide scale testing is a key to controlling the reopening of the economy. Most of the proposed approaches, such advocated by Harvard … [Read more...] about We need a Covid DEW Line

Will a successful Covid-19 vaccine reduce vaccine hesitancy?

April 22, 2020 by Gregory Mason

Part of me wants to believe that Covid-19 is scaring the pants off everyone.  But some family members are anti-vaxxers (the pejorative term for vaccine hesitancy) and I see their attitude to the present virus, I am less hopeful. My medical friends are certain a vaccine will emerge in the next 18 months, and for good reason.  There is a full court press by … [Read more...] about Will a successful Covid-19 vaccine reduce vaccine hesitancy?

The moral hazards of our economic response to COVID-19

April 9, 2020 by Gregory Mason

Little doubt exists that COVID-19 represents an existential challenge. But could our economic policy responses complicate the return to “normalcy” whatever that may mean? Governments everywhere are introducing massive subsidies to individuals and business, replicating the standard response in previous recessions. But what if government did much less, or even nothing?  … [Read more...] about The moral hazards of our economic response to COVID-19

Is Canada benefitting from “Trumpconomics?”

July 12, 2019 by Gregory Mason

How is it that the Canadian economy continues to add jobs at a rapid clip despite all the Cassandra’s predicting imminent collapse.”  Could it be that Trump has been good for Canada? Read more … [Read more...] about Is Canada benefitting from “Trumpconomics?”

The role of Statistics Canada in a post truth world

July 5, 2019 by Gregory Mason

How often do we hear or read the phrase “Statistics Canada reported today that…”? As the publisher of official statistics for Canada, we rely on Stats Can for valid and reliable facts. Surely this national resource is one antidote for the increasing flim-flam that marks current political and social discourse. By any measure, Statistics Canada is one of the world’s premier … [Read more...] about The role of Statistics Canada in a post truth world

Implementing a basic income will be complex

July 5, 2019 by Gregory Mason

The drumbeat for a basic income continues. Canada’s business sector has recently promoted the idea, and reaction to the cancellation of the Ontario Basic Income Pilot Project has been almost uniformly negative, with a few exceptions. The idea of a basic income — which guarantees a minimum income to all, regardless of employment status — has always looked good at first … [Read more...] about Implementing a basic income will be complex

Does the volatility of the Labour Force Survey render it useless as a leading indicator? (September 19)

September 20, 2018 by Gregory Mason

The recent sharp decline of 52,000 jobs in the Canadian Economy (Labour Force Survey of Canada, August 2018, raises questions about how to interpret such changes. Some commentators see the LFS as volatile and advise against reading too much into month-to-month changes. This is conventional counsel, but does this variability render it less useful as a leading indicator? Has the … [Read more...] about Does the volatility of the Labour Force Survey render it useless as a leading indicator? (September 19)

Legislation to mandate equal pay is a bad idea.

May 3, 2018 by Gregory Mason

Popular culture often represents King Canute as a foolish monarch who ordered his aides to place his chair by the ocean’s edge and then arrogantly commanded the tide to stop.  Of course, he got his feet wet. In fact, Canute, who was one of the great kings of England (and Norway, Sweden, and Denmark) was much wiser than this fable. He wished to show his subjects that he … [Read more...] about Legislation to mandate equal pay is a bad idea.

Fallacies in analysing the impact of gas prices

December 27, 2016 by Gregory Mason

Fallacies in gas price sensitivity Dec 27, 2017 Writing in the Financial Post, Terence Corcoran argues (read original article here) that gas prices have had no impact on the demand for gasoline.  He presents the proof positive as the following chart         This is a classic example of simultaneous equations bias, which typically occurs when one uses time series data to test a … [Read more...] about Fallacies in analysing the impact of gas prices

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Latest Commentary

We need COVID measures we can trust

April 14, 2022 By Greg Mason

Winnipeg Free Press, April 8, 2022 It is curious that the only recent indicator I have seen that COVID-19 still stalks us is that Kyle Connor and Nate Schmidt of the Winnipeg Jets were placed in virus protocol last week. I do not know what Canada’s self-styled virologists in chief (Stefanson, Kenney, Ford et al) […]

Time to rethink vaccine strategy

April 7, 2022 By Greg Mason

December 13, 2021 Omicron is on the prowl. While early indications are that it does not cause serious illness, it is very infectious. The current approach to enforcing vaccination mandates will not probably get us to 90-per-cent-plus of everyone over six being fully vaccinated, which is probably the level needed manage this disease. (Read more…)

Time to examine treaty annuities and the land

April 7, 2022 By Greg Mason

Sheilla Jone, Wayne Helgason, and Gregory Mason Winnipeg Free Press, December 29, 2021 The November Ontario Court of Appeal ruling that the Crown violated Robinson Treaty terms by failing to increase annuity payments highlights the necessity of understanding the link between annuities and the land as a step toward reconciliation. Because without reconciliation, Canada risks […]

Online learning is here to stay

April 7, 2022 By Greg Mason

Winnipeg Free Press, August 9, 2021 Fill in the blank. Virtual learning is to live learning as phone sex is to ______ sex. There you have it … a question from the 2021 Mensa test.(Read full Article)

This is one curve we shouldn’t have flattened

April 7, 2022 By Greg Mason

Financial Post, February 9, 2022 I was fooling around with some GDP data the other day, as we economists are wont to do, and when I put it on a chart and drew a couple of trend lines, I was shocked by how setbacks we’ve suffered since 2000 seem to have become permanent scars on […]

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About

Specializing in economic policy, the basic annual income, health economics, and Indigenous economics, Greg joined the Department of Economics at the University of Manitoba in 1974. Recently he has written on the economics of COVID, telemedicine, electronic health records, the modern annuity, and urban reserves.

Recent

  • We need COVID measures we can trust
  • Time to rethink vaccine strategy
  • Time to examine treaty annuities and the land
  • Online learning is here to stay
  • This is one curve we shouldn’t have flattened

Copyright © 2022 Gregory C. Mason