For many on the left of the political spectrum, socialism is a great concept.
So why does it not work in practice?
The usual leftist response is that it has just never been properly implemented.
But could it ever be? (more…)
On 02/05/2012, In Economics, Formal Education, By Jordan Wilson
On 01/25/2012, In Alternative Investments, Economics, Investment Strategies, Investments, By Jordan Wilson
As discussed in Saskatchewan Economic Success, natural resources are a key driver for the province’s current economic success.
Learning about Saskatchewan’s natural resources is important for many different people and for multiple reasons.
And not just for those living in Saskatchewan. Or only the natural resource sectors. (more…)
On 01/24/2012, In Economics, By Jordan Wilson
My wealth management business is based in Saskatchewan, Canada.
Within Canada, the Saskatchewan economy is doing quite well. The main reason is that Saskatchewan has substantial reserves of natural resources.
But it is more than that. After all Saskatchewan had resources since the dinosaurs liquified.
So why the good times now? (more…)
On 01/04/2012, In Economics, Entrepreneurship, By Jordan Wilson
Michael O’Leary gave an interesting talk at the 2011 European Union (EU) Innovation Conference in Brussels, Belgium.
Michael O’Leary is Chief Executive Officer of Ryanair, a discount airline based in Ireland.
Neither O’Leary nor Ryanair are overly popular with Eurocrats. The talk given by Mr. O’Leary explains why neither are appreciated with the elite of Europe. As well as why Mr. O’Leary is no fan of Brussels.
Some of the key points made include: (more…)
On 12/31/2011, In Economics, Investment Concepts, By Jordan Wilson
Or an emerged market?
In our initial look at emerging markets, we saw that Brazil is included.
And if we look at its overall market characteristics, Brazil probably should be classified as an emerging economy. But in other aspects, perhaps not.
Consider today’s slightly funny example. (more…)
Emerging market investments can add value to one’s portfolio.
On the one hand, emerging market assets provide potential diversification benefits that help lower overall portfolio risk.
At the same time, emerging markets offer potentially higher returns than investments in developed markets. This helps enhance overall portfolio expected returns.
Lower portfolio risk, higher expected returns, count me in!
Well, like any investment, there are always a few strings attached. (more…)
On 11/21/2011, In Economics, By Jordan Wilson
Another huge problem facing Europeans (what, they don’t have enough going for them with the Euro, fiscal crisis, high unemployment, etc.?) is the loss of democracy taking place.
I think in the long run that the loss of democracy may have the greatest impact on individuals. And will become a highly contentious issue.
Consider what happened in Greece. (more…)
On 11/21/2011, In Economics, By Jordan Wilson
If a private business was managed like most countries, it would quickly go bankrupt.
The bureaucrats running government would soon destroy most companies. Their actions always seem to make government less effective and less efficient.
In business, the focus for well run companies is on the key issues. (more…)
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