Assorted content for your weekend reading.
- Yvan Guillemette discusses
the need for public-sector investment in economic development to make up for the massive amounts of private capital sitting idle. And Daniel Kahnemann challenges
the theory that corporate decision-making is either rational or directed toward optimal outcomes:
“You look at large organizations that are supposed to be optimal, rational. And the amount of folly in the way these places are run, the stupid procedures that they have, the really, really poor thinking you see all around you, is actually fairly troubling,” he said, noting that there is much that could be improved.
Figuring out how to make the act of decision-making “commensurate with the complexity and importance of the stakes” is a huge problem, in Kahneman’s view, to which the business world does not devote much thought.- Meanwhile, James Hutt rightly argues
that a transition toward a cleaner economy would offer an ideal opportunity to develop more and better jobs.
- But of course that would require some interest in the well-being of workers. And Sara Mojtehedzadeh reports
on how Ontario is slashing health services for people who have suffered injuries on the job, while frequently forcing people back to work before they're ready.
- Bryce Covert writes
that San Francisco is the latest city to learn that it's even in terms of bare dollars and cents, it's more efficient to provide housing to people who need it than to deal with the social costs of homelessness.
- Finally, Michael Harris slams
the Cons' manufactured outrage over Niki Ashton's daring to campaign for Bernie Sanders. But it's worth noting as well that we should fully expect our political leaders to have some interest in issues and campaigns beyond their own level of government (and in some cases borders).