Entrepreneurial Economist Predicted Socialism is a new essay that documents how the early 20th century economist Joseph Schumpeter predicted the end of capitalism as a result of capitalism’s very successes: the declining prominence of the innovator, increased calls for barriers to entry from successful businesses, and calls for government to limit the forces of creative destruction.

Comparing Provincial Marginal Tax Rates for Middle Income Earners Across Canada finds that middle-income workers in Atlantic Canada pay much higher provincial personal income tax burdens than Western Canadians earning similar amounts. In fact, whereas Atlantic Canadian workers who earn the national average income ($52,750 in 2022) face provincial personal income tax burdens ranging from $4,463 in New Brunswick to $5,318 in Nova Scotia, workers in Western Canada earning the same amount pay provincial income tax burdens of between $2,353 in British Columbia and $3,914 in Saskatchewan.