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Lee Friday

Following a 23-year career in the Canadian financial industry, Lee Friday has spent many years studying economics, politics, and social issues. He operates a news site at www.LondonNews1.com

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Double Standards Are Rampant in Canada's Drug War

Blog03/22/2019

On both the left and the right in Canada, politicians are using the Drug War — and all the lives it needlessly ruins — to play political games that help only the politicians. 

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Forget Guaranteed Income — Governments Should Stop Destroying Income First

Blog03/19/2019

Before having government "guarantee" income, we should probably stop it from destroying so many jobs through regulation, first. 

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Government Pensions, Incentives, and Our Everlasting Welfare State

Taxes and Spending

Blog03/07/2019

It turns out that workforce participation drops off significantly once it becomes possible to live off a government pension instead. Thus, pension policies have placed an enormous burden on those who still have to work.

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The Bank of Canada Ignores its Mandate

Money and BanksMoney and Banking

Blog03/06/2019

The Bank of Canada's official mandate to promote the “the economic and financial well-being of Canadians,” isn't compatible with the Bank's real mandate which is apparently to look out for the good of a small number of powerful banks.

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Government Road Management: Is There a Better Way?

Blog02/19/2019

With roads, it is time to give private enterprise a chance.

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