Economically free states are more likely to experience higher wages and more entrepreneurial activity.
income mobility
Thomas Piketty's book, Capital in the Twenty-First Century, is a global best seller that has attracted more reviews from academics and public intellectuals than any other economics book in recent memory.
Responses from a number of prominent Canadians to the Fraser Institutes recent study, Measuring Income Mobility in Canada, reveal a great deal about the differing views on social policy and the state of the debate regarding inequality.
With public opinion now turning on the protesters, we dont know what the future holds for Occupy Vancouver. But looking beyond the multi-coloured tents, creatively captioned picket signs and sporadic chants, one concern shared by the protesters seems to be a perceived lack of opportunity for young Canadians. And you cant blame them. We are, after all, bombarded by claims of stagnating incomes, a lack of opportunity not faced by previous generations, and, of course, the old cliché that the rich are getting richer while the poor stay poor.