Greenbacks for all

In a recent column in the Globe and Mail, Andrew Coyne described a serious problem. Productivity in Canada has always lagged behind the U.S., he noted, saying that we need to ensure the amount and quality of capital that labour has to work with. Second, we need to make certain that labour and capital are efficiently employed.  While Coyne had few answers to improve the situation, he did sound the trumpets, saying, “If this country is ever to break out of the sluggish growth track … it will have to do something striking, even shocking.” Let me quickly say I...