This blog is a random collection of information, partly in support of my quotations web site. Other topics include wine, military news, economics, history, libertarianism, and other random things which happen to strike my fancy. Backup site is at http://quotulatiousness.blogspot.com/ (if there are no posts showing, hit the backup blog for explanation). Comments have been turned off, as the spam was getting too much to handle. Comments can be emailed to me for posting.

January 07, 2005

NHL Strike vs. The Canadian Economy

Jon has a very good post up (which I meant to link to yesterday, but didn't get the chance). In summary, the NHL strike is a big issue to a lot of Canadians, but claims that it's had a huge impact on the economy are, at very best, overwrought. I'm not a hockey fan, and have no dog in the fight between the billionaire owners and the multimillionaire players, so it matters little to me personally whether the strike is resolved sooner or later.

The pretence that the strike is responsible for the current downturn in economic indicators is very quickly struck down by Jon's figures: the direct economic effects of the NHL strike are infinitismal compared to much more credible movements in the economy as a whole.

Posted by Nicholas at January 7, 2005 12:36 AM
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