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Data from the OECD reveals extraordinary increases in the cost of housing in most countries. Since 2000, house prices in OECD countries have gone up 39% after inflation. Read more

Bubbles are beautiful but fragile things. Not letting the new one break matters. Read more

It is easy to dismiss critics of the Climate Change Commission’s plan to reduce emissions as opposed to any action at all. Too easy. Read more

Three roads bounded the farm where I grew up in Southern Manitoba. To the East was the highway. Read more

Local government is fundamentally broken because of the way councils are financed, how the costs and benefits of urban growth are divvied up, and the incentives thus created. Councils bear the costs of growth. Read more

Currently, every house auction is a contest between competing bidders. The auction confronts each bidder with the last price bid. Read more

According to Long’s Axiom, an elephant is a mouse built to government specifications. The saying is a corollary to the old gag about a camel being a horse designed by a committee. Read more