Who was Barbara Mitchell?
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Comparing Government and Private Sector Job Growth in the COVID-19 Era

Comparing Government and Private Sector Job Growth in the COVID-19 Era is a new study that finds the government sector accounted for nearly 9-in-10 new jobs created since the start of the pandemic, and there has been almost no net job creation in the private sector. In fact, after adjusting for population growth, private sector employment in July 2022 was still below where it was in February 2020 before the pandemic struck.

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Comparing per-Person Spending and Revenue in the Greater Toronto and Hamilton Area, 2009–2019

Comparing per-Person Spending and Revenue in the Greater Toronto and Hamilton Area, 2009–2019 is a new study that finds across the 26 municipalities that constitute the GTHA, per person spending (adjusted for inflation) increased by 9.6 per cent between 2009 and 2019, and Toronto remained the highest spending municipality in 2019. Not surprisingly, there is a connection between high spending municipalities and high tax municipalities, as Toronto, the highest spending municipality was also the 3rd highest taxing municipality (total per person revenues adjusted for inflation) in 2019.

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Friedman and His ESG Critics

ESG: Myths and Realities is a new essay series that highlights the misunderstandings and simplifications of Environmental, Social and Governance investing—ESG investing for short. The second essay, Friedman and His ESG Critics, revisits Nobel laureate Milton Friedman’s iconic 1970 article in the New York Times, which argued that the sole responsibility of business is to increase profits, and that it is misguided to expect managers of businesses to try to achieve broad public policy objectives.

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The New Capitalism

ESG: Myths and Realities is a new essay series that highlights the misunderstandings and simplifications of Environmental, Social and Governance investing—ESG investing for short. The first essay, The New Capitalism, identifies the various arguments made in favour of ESG investing, including mandatory ESG disclosures by public companies.

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Adjusting for the Canada Child Benefit’s Tax-Free Status finds that the federal government has shifted the share of overall spending on child benefits away from lower-income families to middle- and upper-income families—to an even greater degree than previously thought.

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Economic Freedom in the Literature

Economic Freedom in the Literature—What Is It Good (Bad) For? finds that according to a wide-ranging literary review, economic freedom helps produce faster economic growth, higher living standards and more happiness.

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An Evaluation of the Proposed PMPRB Amendments

An Evaluation of the Proposed PMPRB Amendments is a new study that finds Ottawa's amendments to the Patented Medicines Regulations and subsequent drug-pricing changes may result in lower costs, but will also likely reduce Canadians’ access to life-saving pharmaceuticals and potentially discourage investment in Canada’s pharmaceutical sector.

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