Quotulatiousness

June 11, 2011

They “buried the ban in the 300-plus pages of the 2007 energy bill, and very few talked about it in public”

Filed under: Economics, Government, Law, Technology — Tags: , , — Nicholas @ 11:28

Virginia Postrel talks about the looming ban-that-isn’t-a-ban on incandescent lightbulbs:

One serious technophile, University of Tennessee law professor Glenn Reynolds, spent much of 2007 flogging compact fluorescents on his popular Instapundit blog, eventually persuading more than 1,900 readers to swap 19,871 incandescent bulbs for CFLs. To this day, the Instapundit group is by far the largest participant at OneBillionBulbs.com, a bulb-switching campaign organized by the consulting firm Symmetric Technologies. But Reynolds himself has changed his mind.

“I’m deeply, deeply disappointed with CFL bulbs,” he wrote last month on his blog. “I replaced pretty much every regular bulb in the house with CFLs, but they’ve been failing at about the same rate as ordinary long-life bulbs, despite the promises of multiyear service. And I can’t tell any difference in my electric bill. Plus, the Insta-Wife hates the light.”

That was our experience with the early CFL bulbs, too: they didn’t come close to achieving the longevity we were supposedly paying all the extra money for. And, as I’ve posted before, they’re not as easy to clean up after breakage as the older bulbs.

So the activists offended by the public’s presumed wastefulness took a more direct approach. They joined forces with the big bulb producers, who had an interest in replacing low-margin commodities with high-margin specialty wares, and, with help from Congress and President George W. Bush, banned the bulbs people prefer.

It was an inside job. Neither ordinary consumers nor even organized interior designers had a say. Lawmakers buried the ban in the 300-plus pages of the 2007 energy bill, and very few talked about it in public. It was crony capitalism with a touch of green.

Crony capitalism is what the general public is coming to think is the only kind of capitalism, because they have seen so much of it during the last few presidencies. Your business can be plagued with petty regulators enforcing nitpicking rules, while Congress showers money and special privileges on big businesses and banks.

But, as she points out, it’s not technically a true ban:

Now, I realize that by complaining about the bulb ban — indeed, by calling it a ban — I am declaring myself an unsophisticated rube, the sort of person who supposedly takes marching orders from Rush Limbaugh. In a New York Times article last month, Penelope Green set people like me straight. The law, she patiently explained, “simply requires that companies make some of their incandescent bulbs work a bit better, meeting a series of rolling deadlines between 2012 and 2014.”

True, the law doesn’t affect all bulbs — just the vast majority. (It exempts certain special types, like the one in your refrigerator.) The domed halogen bulbs meet the new standards yet are technically incandescents; judging from my personal experiments, they produce light similar to that of old- fashioned bulbs. They do, however, cost twice as much as traditional bulbs and, if the packages are to be believed, don’t last as long.

I keep hoping that LED lights will be able to produce the kind of long-life that we used to be able to depend upon from incandescents, as CFLs and halogen bulbs have not come close to living up to the promises. However, LEDs have not yet managed that trick in commercial applications.

So, aside from allowing lobbyists to flex their muscles, what is the ban attempting to achieve? That’s not quite clear-cut:

Though anti-populist in the extreme, the bulb ban in fact evinces none of the polished wonkery you’d expect from sophisticated technocrats. For starters, it’s not clear what the point is. Why should the government try to make consumers use less electricity? There’s no foreign policy reason. Electricity comes mostly from coal, natural gas and nuclear plants, all domestic sources. So presumably the reason has something to do with air pollution or carbon-dioxide emissions.

But banning light bulbs is one of the least efficient ways imaginable to attack those problems. A lamp using power from a clean source is treated the same as a lamp using power from a dirty source. A ban gives electricity producers no incentive to reduce emissions.

June 9, 2011

Whistleblowers must take a number and wait to be served

Filed under: Bureaucracy, Economics, Law, USA — Tags: , , , — Nicholas @ 09:21

Edward Siedle, foolish man, takes the Securities and Exchange Commission at their word:

Last Friday afternoon I got it into my head that I should try to contact the head of the SEC’s new whistleblower office and discuss a money manager scam I’d uncovered. Surely, I figured, in this post-Madoff era the SEC must be rolling out the red carpet for those looking to clue it in on financial shenanigans.

On the SEC’s home page, at www. sec.gov I found a new button that says “Questions, Tips and Complaints Whistleblower Provisions.” The bureaucrats behind this nifty new feature were so prescient that they even included a picture of a whistle for the convenience of illiterate snitches.

But he’s in a hurry, and doesn’t want to just fax or email the information — he wants to talk to a human being. That’s where it gets amusing/alarming depending on your view of government:

I got the number of the SEC’s media office from the folks at Forbes and called it. I asked the person who answered for the number of the SEC’s new office of the whistleblower.

“There is no new office of the whistleblower,” I was told.

“Can l please have the number of the head of the office then,” I asked.

“There is no new head of the office and there is no office,” the woman told me in a tone that she appeared to have honed while humoring morons.

“Now wait a minute,” I said, “I read an article about the new guy who is running it. He’s a former tobacco lawyer or something. I know his name … it’s McKessy or something like that.”

My handler laughed and said, “So you believe everything you read?”

H/T to Tim Harford, who linked to this article saying “Adapt emphasises whistleblowing as a way of uncovering hidden problems in fragile systems. Therefore: HEADDESK”.

Adapt, of course, is Harford’s latest book, which I quite enjoyed reading and recommend to your attention.

June 5, 2011

The Marmite affair hits Port Hope

Filed under: Britain, Bureaucracy, Cancon, Food, Health — Tags: , — Nicholas @ 10:57

Apparently the bureaucratic reach of Danish food nannies now extends as far as Port Hope, Ontario. I dropped in to the British Pantry to stock up on my usual assortment of pickled onions, crisps, toffees, and floral gums, to discover that not only did they not have any Marmite, they couldn’t get any more. This is serious . . . food DefCon Three level serious.

A quick interrogation of the sales person revealed that this is due to some strong disinformation activity on the part of the anti-Marmite faction: “Oh, we can’t bring that in anymore because it’s got beef extract in it. We’re not allowed to import that without a beef importing permit.”

My (sadly) empty jar of Marmite proclaims on the front that it’s 100% Vegetarian:

20110605-105004.jpg
100% Vegetarian
20110605-105347.jpg
Ingredients: Yeast Extract
Salt
Vegetable Extract
Niacin
Thiamin
Spice Extracts (contains Celery)
Riboflavin
Folic Acid
Vitamin B12

June 3, 2011

QotD: New York City, the capital city of Nanny State

Filed under: Bureaucracy, Food, Government, Quotations, USA — Tags: , , , , — Nicholas @ 11:49

The lowest blow in City Hall’s war on wicked food is its recurring efforts to ban the buying of fizzy pop with food stamps. In an initiative that could easily be titled ‘No Coke for poor black folk’, the Bloombergers have sought federal permission to prevent welfare recipients from using government cash to purchase fizzy drinks. The killjoyism of this campaign, the Scrooge-infused miserabilism of it, is astounding. City Hall has launched an advertising campaign demonising sugary drinks as one of the great evils of our time, and its internal email correspondence about the campaign, which was leaked to the New York Times, shines a rather harsh light on the evidence-lite nastiness of the modern-day nudge-and-nanny industry. Scientific advisers emailed Thomas Farley, Bloomberg’s overactive health adviser, to say that the ad’s claim that drinking pop can make you gain 10 or 15 pounds is ‘simplistic’ and ‘exaggerated’. Overriding them, Farley responded: ‘I think what people fear is getting fat, so we need some statement about what is bad about consuming so many calories.’ Who needs evidence when you have fear? The ad shows human fat gurgling from the top of a can of soda. One City Hall employee could barely conceal his excitement: it is ‘deliciously disgusting’, he said in one of the emails that was leaked.

‘Deliciously disgusting’ — that just about sums up how New York’s new rulers view the huddled masses of this extravagant city. In a complete reversal of the traditional democratic relationship, Bloomberg and co don’t consider it their duty to mirror the desires and outlook of those who elected them. They want to remake New Yorkers as models of what they consider to be healthy citizenship. Much of this stuff comes from Thomas Farley, who is championed by both Bloomberg and the liberal media as an admirably thin jogging aficionado who believes in the power of the nudge to remould the citizenry. He is a ‘superman’, the New York Times recently gushed, who has ‘grasshopper-like legs’ (eurgh), a result of the fact that ‘he exercises seven days a week, loves his vegetables and has never smoked a cigarette’ (boring). This fanboy fluff piece was illustrated with a picture of Farley leading a workout of not-so-thin black New Yorkers, his grasshopper-like legs just as sure a sign of his superiority as his white skin would have been 100 years ago.

Brendan O’Neill, “The men who killed New York”, The Spectator, 2011-06-04

June 2, 2011

Man succeeds in suicide attempt over an hour, as police and fire rescue watch

Filed under: Bureaucracy, USA — Tags: , , , , , — Nicholas @ 12:59

A hard-to-believe story from Alameda, California:

Fire crews and police could only watch after a man waded into San Francisco Bay, stood up to his neck and waited. They wanted to do something, but a policy tied to earlier budget cuts strictly forbade them from trying to save the 50-year-old, officials said.

A witness finally pulled the apparently suicidal man’s lifeless body from the 54-degree water.

The San Jose Mercury News reported that the man, later identified as Raymond Zack, spent nearly an hour in the water before he drowned.

Perhaps they assumed that the suicidal man would get too cold and come back to shore, but it’s hard to understand how they could stand around for an hour and not do anything.

June 1, 2011

When is plastic better for the environment than paper?

Filed under: Environment, Technology — Tags: , — Nicholas @ 12:29

The answer: when the product gets dumped in a landfill.

Stateside boffins say that, contrary to popular perception, it would often be better for the planet if people avoided using biodegradable products compliant with the recommended US government guidelines.

This is because biodegradable wastes — for instance cardboard cups, “eco friendly” disposable nappies, various kinds of shopping and rubbish bags etc — often wind up in landfill, where they will degrade and emit methane. Methane is, of course, a vastly more powerful greenhouse gas than CO2, so it is seen as important to prevent it getting into the atmosphere.

[. . .]

The answer, according to Barlaz, is to get away from the idea that rapid decomposition is always a good idea — especially on things which won’t be recycled much but will probably wind up in landfill, for instance disposable nappies, fast-food packaging etc.

“If we want to maximize the environmental benefit of biodegradable products in landfills,” Barlaz says, “we need to both expand methane collection at landfills and design these products to degrade more slowly — in contrast to FTC guidance.”

May 30, 2011

Licensing Salem’s witches

Filed under: Bureaucracy, Economics — Tags: , , — Nicholas @ 09:20

Katie Zezima reports on the surge of witches looking to be licensed in Salem, Massachusetts, after the city council made it easier to get a license:

“It’s like little ants running all over the place, trying to get a buck,” grumbled Ms. Szafranski, 75, who quit her job as an accountant in 1991 to open Angelica of the Angels, a store that sells angel figurines and crystals and provides psychic readings. She says she has lost business since the licensing change.

“Many of them are not trained,” she said of her rivals. “They don’t understand that when you do a reading you hold a person’s life in your hands.”

[. . .]

But not everyone is sure that quantity can ensure quality. Lorelei Stathopoulos, formerly an exotic dancer known as Toppsey Curvey, has been doing psychic readings at her store, Crow Haven Corner, for 15 years. She thinks psychics should have years of experience to practice here.

“I want Salem to keep its wonderful quaint reputation,” said Ms. Stathopoulos, who was wearing a black tank top that read “Sexy witch.” “And with that you have to have wonderful people working.”

Under the 2007 regulations, psychics must have lived in the city for at least a year to obtain an individual license, and businesses must be open for at least a year to hire five psychics. License applicants are also subject to criminal background checks.

May 29, 2011

More on the Anglo-Danish Marmite affair

Filed under: Britain, Bureaucracy, Europe, Food, Health — Tags: , , , , — Nicholas @ 10:34

Colby Cosh rounds up the details on the Marmite affair:

Nothing stirs the blood of the British like a nice slapfight over European regulation, and this goes double when food is involved. The UK press has found its latest excuse for tut-tutting and finger-waggling in the unlikeliest of places: at the bottom of the squat, distinctive little jar in which the vile breakfast spread Marmite is sold. This week, English-language journals in Denmark reported that the Scandinavian kingdom’s food regulator was having the dark brown yeast extract cleared from the shelves of shops which serve Brit expatriates.

The British reared up as one, displaying a spirit of indignant unity. “What have the Danes ever done for global cuisine?” thundered the Belfast Telegraph, breaking Godwin’s Law into splinters over its knurled Ultonian knee. (Unfortunately, a good answer might be “Not given it Marmite, at any rate.”) Fans of the quasi-foodstuff gathered on Facebook to form a “Marmite army”. Social campaigners used the ban to call attention to dubious patches in Denmark’s record on human rights and environmentalism.

As he points out, nobody at the Danish food nanny office suddenly issued a ban: technically Marmite had never been cleared for import at all. So it’s just a matter of filling in a form or two and Bob’s your uncle? Not quite:

Marmite’s status as a “fortified food” has apparently only just been noticed, and the DVFA says that “it has not received an application for marketing in Denmark of Marmite or similar products with added vitamins or minerals.” A glance at the DVFA’s procedure for obtaining approval to market these foods reveals why brand owner Unilever might not be in such a hurry to file. (And it also reveals that free-trade fanatics like me should probably rein in their admiration for the EU’s trade barriers just a little.) The agency not only requires compliance with EU-wide regulations, but insists that each product pass an “individual risk assessment” performed using a made-in-Denmark scientific procedure.

May 26, 2011

The Danish Marmite affair thickens

Filed under: Britain, Bureaucracy, Europe, Food, Health — Tags: , , , — Nicholas @ 09:50

Lester Haines has the latest on the plight of ex-pat Brits suffering under a dictatorial food regime in Denmark:

According to this official statement, neither Marmite nor its Oz rival Vegemite are banned in Denmark, because they’ve never actually been approved for sale.

A 2004 law controls the distribution of products with “added vitamins, minerals or other substances”, and in order to punt such foodstuffs, they “need to be approved by the Danish Veterinary and Food Administration before the product can be marketed”.

[. . .]

In effect, then, those shops selling Marmite are dealing in unauthorised enhanced substances.

We and the Daily Mail have no doubt that any attempt to legalise Marmite would be met with a swift rejection, in defiance of EU directives on free trade. As Copenhagen-based expat Lyndsay Jensen put it: “They don’t like it because it’s foreign. But if they want to take my Marmite off me, they’ll have to wrench it from my cold dead hands.”

It’s been said that Marmite is an “acquired taste”, but Denmark’s health regulators are moving quickly to ensure that Danes never have the opportunity to develop that taste. Of course, like most other forms of prohibition, it might actually increase the attractiveness of the “forbidden fruit”.

Denmark has a long coastline, so smuggling in the little black jars across the North Sea would be quite possible . . .

May 25, 2011

Denmark moves to save its citizens from Marmite

Filed under: Bureaucracy, Europe, Food, Health — Tags: , , — Nicholas @ 07:22

Danish diners will no longer be subject to the horrors of Marmite, thanks to swift and decisive action by the country’s Veterinary and Food Administration:

According to the advert, you either love it or hate it. As far as Marmite goes, the Danish government hates the stuff. That at least is the conclusion that many foreigners have drawn following a ban on the sticky brown yeast extract.

The sales ban enforces a law restricting products fortified with added vitamins. Food giant Kellogg’s withdrew some brands of breakfast cereal from Denmark when the legislation passed in 2004, but until now Marmite had escaped the attention of Danish authorities.

“What am I supposed to put on my toast now?” asked British advertising executive Colin Smith, who has lived in the country for six years. “I still have a bit left in the cupboard, but it’s not going to last long.”

I celebrated the decision by having some Marmite on crackers for lunch yesterday. More for me!

Update: “Let the rise of the Marmite Army begin!”:

“Spread the word, but most importantly spread the Marmite,” wrote Kelly. “On every street in good old Denmark, show ’em what they’re missing after they’ve banned this iconic product from our supermarket shelves! Make it a Marmite day everyday folks! Let the rise of the Marmite army begin!”

But even on the page, opinion remained divided. A perplexed Ray Weaver wrote: “but… it’s horrible…”

On the page calling for a boycott of Danish goods, fan Joe Figg feared the ban could have far-reaching consequences. “This dastardly move could bring about global warming of toast,” he wrote. While Mark Salisbury wrote: “Down with spread fascism!”

May 12, 2011

Record gasoline prices drive journalists insane

Filed under: Cancon, Economics, Media — Tags: , , — Nicholas @ 09:29

Well, that’s the only way to explain the causes when the reflexively right-wing Toronto Sun starts frothing at the mouth about “unregulated derivative speculators” while the staunchly left-wing Toronto Star claims “The oil industry doesn’t like high gasoline prices any more than you do.”

Jon, who sent me links to both articles, titled it “Human sacrifice, dogs and cats living together… mass hysteria!”

I think the election has unhinged people — or at least finally driven out the pins for those who were already well on their way to being unhinged. [. . .] Go to Google and search the Sun‘s site for “fat cats AND pigs” and you’ll find a Saganesque hyperbole of hits from just the last three days. And a similar number of calls for increased government regulation of the oil industry.

I’ll cut the linked Sun article above some slack, as the author does mention unwashed hippies as being part of the problem — the guy does just a little to maintain the Sun‘s conservative front — but the overall tone from the paper in the last few days has been just a little weird.

That, and you could see the track marks all over yesterday’s Sunshine Girl. What is that paper coming to, I ask?

Update: On the other, other hand, here’s Stephen Gordon from the Globe & Mail‘s Economy Lab on why high gasoline prices are good for Canada:

If there is a proposition in economics that can aspire to law-like status, it is surely Easterbrook’s Law: “All economic news is bad.” This is a truly powerful insight, and it explains how phenomena that would ordinarily be seen as good news are generally portrayed as a problem demanding government intervention. And so it is with the recent rise in gasoline prices.

[. . .]

So how can higher gasoline prices be consistent with increased purchasing power? The answer is that we are observing a relative price shift. The prices of some goods — notably gasoline — have increased. But the prices of other goods have fallen, most notably imported goods that have been made cheaper by an appreciating Canadian dollar. The overall net effect on Canadians’ buying power is positive.

To be sure, there are some people for whom this shift is genuinely bad news: many with low incomes may not be able to easily reduce their consumption of gasoline. But the real problem facing these households is that they have low incomes.

May 9, 2011

What’s coming up in the next set of Canada Health Act revisions

Filed under: Cancon, Government, Health, Law — Tags: , , , , — Nicholas @ 09:06

This is an old post from 2005, but now that we have a majority federal government, we can expect to see much or all of this program implemented fairly quickly:

As we’ve all been made aware by the constant drumbeat of media-generated panic, obesity is the biggest problem facing the Canadian healthcare system. Canadians are getting much fatter, getting less exercise, and generally imperilling their own health and, in the aggregate, the entire healthcare system — the core of the Canadian identity. The government is moving to confront this looming problem in the very near future.

Tackling Obesity

Because voluntary measures have failed, the federal government, in consultation with the provinces and territories, is going to amend the Canada Health Act, the cornerstone of the healthcare system. Poor health is no longer an individual problem: it affects the entire country. This means that the government is going to get very serious about tackling the causes of the problem, not just treating the patient after the problem becomes severe.

The current provincial health ID cards will become federalized: this is to ensure that all Canadians are able to get consistent treatment when travelling outside their home provinces. The new ID cards will carry biometric information and it will be mandatory to carry these cards at all times.

To ensure that we comply — it is for the sake of our healthcare system — the health ID card will be requested on boarding all public transit, commuter rail, airplanes, ferries, and ships. Inexpensive card readers will speed processing. No ID? No travel. Simple as that. Our healthcare system is too important to risk for minor concerns like individual rights, privacy, or freedom of movement.

It is expected that the major banks will quickly realize the advantage of integrating their ABM networks with the new universal ID card, obviating the need for them to maintain their own card issuing services. Any who do not quickly adapt will find it difficult to get government business. But it will be strictly voluntary, of course.

Once the banks have adapted, the government can phase out the production of printed money . . . there will be no need for it since you will always carry your combined ID/ATM card. This will be a boon to shopkeepers, banks, and anyone involved in handling money right now.

One of the biggest advantages of this will be that the government will be able to act decisively to combat the scourge of obesity: all food purchases will be directly traceable to show who is eating too much or too much of the wrong kind of food. Within a few years, as the existing printed “Nutrition Facts” information is encoded into RFID tags, it will be possible for your ID/ATM card to restrict the amount of food you purchase to the recommended daily allowance for your diet. Won’t that be great? You won’t even need to think about what to eat, because you’ll only be allowed to eat the “right” amount of the “right” foods, as determined by the government.

Of course, those Canadians who have allowed themselves to eat too much should not be given the same top-priority access to healthcare that their less weighty fellow citizens should have . . . overweight patients will be treated in inverse proportion to their deviation from the norm. That’s only fair, and fairness is nearly as important an aspect of Canadianness as Universal Healthcare.

There may be some bleeding hearts in the civil liberties movement who decry this extension of government power, but we can safely ignore them. The only thing that makes Canada the great place it is today is universal healthcare. This has been repeated so often that most of us accept the concept without any doubt or uncertainty.

Universal healthcare is Canada; Canada is universal healthcare.

Universal healthcare matters more than anything else, again as uncounted public opinion polls and government surveys have discovered, so anything that strengthens the healthcare system is good for Canada. Critics of the system are clearly not acting in the best interests of the healthcare of all Canadians, so we must move to suppress such unpatriotic — even treasonous — talk.

Snuffing Out Smoking

After obesity, the next greatest threat to the system is already being addressed by all levels of government: smoking. It will soon be possible, using the same combination of mandatory ID/ATM cards and RFID tags to completely stamp out the purchase of tobacco products. The government would be remiss if they failed to take full advantage of the current wave of public support to make tobacco use illegal everywhere. Canadians are naturally law-abiding: they will quickly adapt to the need for vigilance for signs of illegal tobacco use. Snitch lines may be required in certain areas to provide more support to those Canadians who want to ensure the health of their fellow citizens — and, of course, the essential healthcare system!

Other methods can be used to ensure compliance, especially in the delivery of healthcare: patients who have smoked will be required to wait longer for all services, to be fair to those patients who never smoked. In the model of “plea bargaining”, patients may be able to get faster aid by reporting others who supplied them with tobacco.

Annihilating Alcohol

Alcohol abuse is the next problem to be overcome. The cost to the healthcare system from treating the direct results of alcohol abuse are staggering. It is manifestly unfair that non-drinking Canadians must pay to rectify the self-inflicted damage of alcohol by drinkers. Earlier Canadian and American governments tried to stamp it out during the last century, but they failed. This government will not: we have the tools to enforce compliance that earlier governments lacked.

As a first step, all sales and production of alcoholic beverages will be nationalized. All citizens must apply for permits to allow them to drink alcoholic beverages, which will only be available from government outlets at strictly controlled times. Sensible limits will be applied, so that packaging that encourages abuse (24-packs of beer, 1.18 litre bottles of alcohol, etc.) will be quickly removed from use. Purchase limits will be strictly enforced, to ensure that so called “binge drinking” can be controlled and eliminated. Drunkenness will be dealt with as sabotage of the healthcare system.

Importing alcohol will be eliminated as a source of health problems, and domestic production will be gradually curtailed and then eliminated in turn. Home brewing and winemaking will be very quickly made illegal: snitch lines will certainly be needed to enforce this, but good Canadians will realize that the health of all requires us to clamp down on those who do not follow good health guidelines.

Enforcing Exercise

It’s not going to be easy to make Canadians as healthy as possible, but the vigour of our Universal Healthcare system can only be enhanced by improving the physical well-being of all Canadians. Voluntary efforts to encourage healthy exercise have been a dismal failure, so mandatory exercise is the only way to move forward. In the short term, all public and private schools, offices, factories, and other workplaces will be required to add exercise periods to every workday.

Mandatory exercise, however, will not be allowed to encourage carelessness and risk-taking — so-called “extreme” sports are all foreign concepts to Canadian culture, and should be discouraged at all cost. The healthcare system must not be held hostage to stupid, careless victims of unnecessary accidents. They’ll be in last place for healthcare services, after the obese, the smokers, and the drinkers.

The End Result

Let’s be honest . . . this is going to be a gruelling regime, and some will not have the intestinal fortitude to pull through. By phase IV of our program, we should expect to see some weaker souls emigrating to escape the rigours of our brave new healthy world. We should let them go, but ensure that they have paid a fair price for the privilege of living in the healthiest country in the world: a sliding scale tax on property maxxing out at 90% for the wealthiest.

But what a wonderful country it will be without them: everyone at the absolute peak of health and vitality (because getting sick will be illegal).

May 6, 2011

CRTC: broadband decision now in government’s hands

Filed under: Cancon, Economics, Government, Technology — Tags: , , — Nicholas @ 13:16

Michael Geist sums up the CRTC’s universal service decision:

The CRTC issued its universal service decision this week, which included analysis of funding mechanisms for broadband access, broadband speed targets, and whether there should be a requirement to provide broadband access as part of any basic service objective. Consumers groups and many observers were left disappointed. The CRTC declined to establish new funding mechanisms (relying on market forces) or changes to basic service and hit on a target of 5 Mbps download speed (actual not advertised) to be universally available by the end of 2015. Critics argued this left consumers on their own and suggested that the targets were underwhelming, particularly when contrasted with other countries.

While I sympathize with the frustration over the CRTC’s decision to essentially make broadband a “watching brief,” I wonder why Canadians should expect the CRTC to lead on broadband targets and funding. Universal access to globally competitive broadband (in terms of speed, pricing, and consumer choice) is a perhaps the most important digital policy issue Canada faces and it should not be viewed through a narrow telecom regulatory lens.

April 29, 2011

Stephen Gordon: Layton needs to avoid disruptive monetary policies

Filed under: Cancon, Economics, Politics — Tags: , , , , — Nicholas @ 13:20

It’s almost as if nobody bothered to read what the NDP had in their platform until last week . . . and paying even less attention to what Jack Layton said on the campaign trail. They’re paying attention now:

In my recent post on the prospects of a possible NDP government, I came to the conclusion that not very much would change; their platform had none of the transformational elements that had been a feature of so many NDP campaigns in the past.

But if recent reports are correct, and if Jack Layton seriously thinks that it would be a good idea for a Prime Minister to instruct the Bank of Canada to keep interest rates low, then this benign assessment no longer holds. Such an intervention would be a serious mistake that would seriously endanger the recovery, and could generate another spiral of higher inflation and higher interest rates.

The first thing that would happen after such an order is that Governor Mark Carney would have no choice but to resign. This would be a serious shock to the financial system, and unless his successor could extract a promise that no further orders would be forthcoming, the Bank of Canada’s credibility would simply disappear.

You remember all those smug, self-congratulatory pieces about how well Canada had weathered the recession and how well positioned the country was to take advantage of economic growth? Perhaps this is the imp of the perverse coming back for a revision of all that hearty back-patting.

April 25, 2011

Grameen Bank cleared of “irregularities”, but Yunus will not be re-instated

Filed under: Asia, Economics, Law, Liberty — Tags: , , , , — Nicholas @ 11:06

The Bangladeshi government has completed their investigation into financial irregularities at microfinance specialist Grameen Bank, but the founder, Muhammad Yunus, will not be brought back:

Yunus, 70, was dismissed by a central bank order — upheld by the high court and supreme court — on the grounds that he had overstayed in his position and refused requests to quit.

Yunus, winner of the 2006 Nobel peace prize, set up Grameen, which means village in Bengali, and had been the bank’s managing director since 2000.

Lauded at home and abroad by politicians and financiers as the “banker to the poor”, he has been under attack by the government since late last year, after a Norwegian documentary alleged the bank was dodging taxes.

Yunus denied any wrongdoing and a Norwegian government investigation later also cleared him of any malpractice.

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