Archive for February, 2012

Horwitz Speaks at Carleton Tomorrow

Wednesday, February 29th, 2012 by posted in Uncategorized.
horwitz

This is just a reminder to everyone who did not know, Steve Horwitz will be talking tomorrow at Carleton University. The subject of the talk will be whether Canada needs a central bank. It will be taking place in the

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Mandatory High Overhead

Wednesday, February 29th, 2012 by posted in Economics, Law, Regulation.
Homebrew

[The following is an excerpt from Kevin Carson's book, The Homebrew Industrial Revolution: A Low Overhead Manifesto. Read it here.] …. The Consumer Product Safety Improvement Act (CPSIA) is a good illustration of how regulations put a floor under overhead.

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U.S. Housing Prices Back to Their 2002 Levels

Tuesday, February 28th, 2012 by posted in Economics, Regulation.

Chalk up another failure for Federal Reserve Chairman Ben Bernanke. More than three years after pumping an unprecedented amount of liquidity into the global financial system (read: print money), Bernanke’s wild experimentation in monetary policy has failed to bring the

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George Soros: A “Capitalist” Who Doesn’t Understand Capitalism

Tuesday, February 28th, 2012 by posted in Capitalism, Economics.
Capitalist_Threat

Fifteen years ago this month, George Soros wrote a long column in the Atlantic Monthly entitled The Capitalist Threat. His goal was to argue that, though it’s not as bad as totalitarianism, capitalism is now a true threat to the

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The Decline and Fall of the Roman Denarius

Monday, February 27th, 2012 by posted in Banking, Capitalism, Economics, History, Politics.
Fall of Rome

History repeats itself, so the scholars say.  But according to Mark Twain it just rhymes.  Literary quips and hair-splitting aside, I’ve found that one of the most valuable things anyone can do to advance their knowledge and understanding of the

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Germany Ready to Send Tax Collectors To Greece

Sunday, February 26th, 2012 by posted in Capitalism, Law, Regulation.

It’s been two years since Greece started tilting off the deep end and, despite a deal being reached for a second bailout, problems of social unrest still persist as further austerity is pursued since the first round failed to yield

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“Peak Oil” is a Myth

Friday, February 24th, 2012 by posted in Capitalism, Economics, Education, Environment, History.
North_American_Technate

This article was originally posted on the website of Ray Harvey,  under the title  Peak Oil? For further reading please consult the following links. http://masterresource.org/ ‘Peak Oil’ is a Waste of Energy The Bottomless Well http://peakoildebunked.blogspot.com/ The Ultimate resource II The Skeptical

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The Lorax and Private Property

Friday, February 24th, 2012 by posted in Philosophy, Socialism.
the-lorax

With Dr. Seuss’ classic book The Lorax making its way to U.S. theaters March 2, 2012, now is a good time to address some of the positions the children’s tale takes in regard to environmentalism and industrial production. The Lorax

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$200 oil ahead

Friday, February 24th, 2012 by posted in Banking, Capitalism, Economics.

A very insightful post at Zerohedge, well worth the read. We have been saying it for weeks, and today even the WSJ jumped on the bandwagon: the sole reason why crude prices are surging (RIP European profit margins: with EUR Brent at a record,

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The Culture of Violence in the American West: Myth versus Reality

Friday, February 24th, 2012 by posted in History, Law, Politics.
The Wild West

[Originally published in The Independent Review, Volume 12, Number 2, Fall 2010] The Not-So-Wild, Wild West In a thorough review of the “West was violent” literature, Bruce Benson (1998) discovered that many historians simply assume that violence was pervasive—even more

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Carney Once Again Warns on Debt

Thursday, February 23rd, 2012 by posted in Banking, Capitalism.

If you want a good analogy on the various admonishments of Bank of Canada head Mark Carney, think of the bartender who tells the local drunk he should really reconsider getting sloshed every night but is still ready and willing

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Equality: The Unknown Ideal

Thursday, February 23rd, 2012 by posted in Law, Philosophy.
Constitution

[The following lecture was presented during the Philosophy of Liberty Conference at the Ludwig von Mises Institute in Auburn, Alabama, Saturday, September 29, 2001. Posted on mises.org] All men are created equal. When Thomas Jefferson, in the Declaration of Independence,

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Could the U.S. Government Default? It Defaults Everyday!

Wednesday, February 22nd, 2012 by posted in Capitalism.

A few days ago, The Economist asks the big question on whether or not the U.S. government will eventually default on its debt.  In highlighting a series of papers out of the Mercatus Center at George Mason University, the popular

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Statscan’s Slow Demise

Wednesday, February 22nd, 2012 by posted in Economics, Socialism.
Phillip Cross

Philip Cross has become the latest causality in a series of losses to Statscan, the nation’s statistical agency. For Cross, the agency’s ex-chief economist, internal debates finally reached the point of no return. With multiple disputes over its storied history

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A Dentist Calls Me Out

Tuesday, February 21st, 2012 by posted in Capitalism, Economics.

Yesterday I had a piece published at the Ludwig von Mises Institute entitled “Monopoly Dentistry” which highlighted an ongoing trend by states in the U.S. to adopt occupational licensing for mid level dental practitioners as a means to expand the

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Time to Privatize Money – The Future of Civilisation Depends on It

Tuesday, February 21st, 2012 by posted in Banking, Capitalism, Economics, Regulation.
Hayek Money

[Originally posted on Martindurkin.com] Giant Meryl Streeps, with hair-dos and pearls, are riding round on London buses, reminding us of the achievements of the Iron Lady. Mrs Thatcher, as we all know, saved Britain by privatising State monopolies. It seems

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Chronicle of a break-up foretold

Monday, February 20th, 2012 by posted in Economics.

Click on the link to read this article in pdf format:  February 19 2012 Today, we want to follow up on the dynamics of the Euro. We go back to our comments since the beginning of 2012, when we suggested that the

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Mises Canada Meets for February

Monday, February 20th, 2012 by posted in Capitalism, Economics, Education.

Our last  Mises Canada Meets this month is in Toronto The Toronto meet is being held at Paupers Pub – this time we have booked the space! Join us February 23rd, 2012 At Paupers Pub 539 Bloor St. West, Toronto, ON M5S

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The Canadian Housing Bubble: its Cause and Conclusion

Monday, February 20th, 2012 by posted in Banking, Economics, Regulation.
For Sale

Before the financial panic in the United States the Bank of Canada’s target overnight lending rate was 3%.  At the height of the financial crisis, by May of 2009 the Bank reduced the target to 0.25%.  Today the target sits

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Robert “If Only We Had More Unions” Reich

Sunday, February 19th, 2012 by posted in Capitalism, Regulation, Trade.

At this point in his career, it’s a safe bet that former Labor Secretary and UC at Berkley public policy professor Robert Reich has never met a union he hasn’t liked.  Like Karl Marx and the muddled thinking which preceded

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