Archive for March, 2012

Trayvon Martin and the Absurdity of “Hate” Crimes

Saturday, March 31st, 2012 by posted in Law.

Much like the scandal involving three Duke University lacrosse players and the non-rape of a stripper back in 2006, the media has already jumped to prosecution following the murder of Florida teenager Trayvon Martin.  Now, judging by the evidence thus

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Taylor and Baskerville on the Canadian Leviathan

Saturday, March 31st, 2012 by posted in Capitalism, History, Regulation.
Business History

I’d like to share an excerpt from A Concise History of Business in Canada by Graham D. Taylor and Peter A. Baskerville. This passage appears at the beginning of Chapter 17, titled, “The Incomplete Leviathan”. That chapter in turn, begins


Jim Grant Eviscerates the Federal Reserve…at the Federal Reserve!

Friday, March 30th, 2012 by posted in Banking, Capitalism.
jim grant

The New York branch of the Federal Reserve (the one responsible for conducting Open Market Operations to expand the central bank’s balance sheet) has recently sought to open itself up for public critics to visit the bank and “unburden themselves

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The Anatomy of the State

Friday, March 30th, 2012 by posted in Philosophy, Politics.

Download the ebook or PDF on What the State Is Not The State is almost universally considered an institution of social service. Some theorists venerate the State as the apotheosis of society; others regard it as an amiable, though

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U.S. Defense Secretary and Canadian Defense Minister Think Polls on War Don’t Matter

Thursday, March 29th, 2012 by posted in Foreign Policy.
Leon Panetta, Barbara Boxer

Despite the apprehension many Austrian-grounded libertarians have toward highly regarded statements of governance (Constitutions, political speeches, etc.), the essence of one document in particular, the Declaration of Independence, is worthy of praise even from the anti-state point of view.  As

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Why Capitalism is Worth Defending

Thursday, March 29th, 2012 by posted in Capitalism, Socialism.

[Originally posted on] As Obama demonizes the wealthy and pitches a dozen plans to restructure the economy, opponents of this program need a reminder of what exactly we’re fighting for. We are resisting bureaucracy, central planning, and encroachments on

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WTO Discussing “Market Determined” Exchange Rates

Wednesday, March 28th, 2012 by posted in Uncategorized.

You have to hand it to the political class.  Their propensity to throw “forums” and “summits” for the purpose of discussing a vaguely titled, poverty reducing endeavor is never in short supply.  What these affairs are really is nothing more

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HBO’s The Wire Is Damn Fine Storytelling

Wednesday, March 28th, 2012 by posted in Economics, Law, Politics, War on Drugs.
Clay Davis

[Originally published in Le Quebecois Libre, No 273, December 15th, 2009. This article is reproduced with permission from the author.] A year ago, I recommended the HBO miniseries John Adams to last-minute freedom-loving holiday shoppers. This year, I have to


The Economics of Gambling

Tuesday, March 27th, 2012 by posted in Capitalism, Lifestyle, Regulation.
Lucky Dice

Just a few days ago the US Department of Homeland Security seized and shut down the Canadian sports gambling site  Bodog did not have any American clients, and thought that they had removed all legal liability from US laws

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Bernanke Thinks He Saved the World, How Cute!

Tuesday, March 27th, 2012 by posted in Banking, Capitalism.
ben bernanke the hero

Federal Reserve chairman Ben Bernanke has been feeling the love lately.  First there was Roger Lowenstein’s piece of slobbering adulation titled “The Hero: Ben Bernanke Saved the Global Economy.  So Why Does Everyone Hate Him?”  in the April 2012 issue

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Ohhh Henry on Fair Trade

Tuesday, March 27th, 2012 by posted in Civil Liberties, Economics, Foreign Policy, Politics, Trade.

Our mystery commentator Ohhh Henry had a great insight into “Fair Trade” that I thought I would post. ______________________________________________________________________ The “fair trade” enthusiasts in the First World have a hard time wrapping their brains around the idea that it is

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Predrag Rajsic on the failures of Yugoslavia

Tuesday, March 27th, 2012 by posted in Capitalism, Civil Liberties, Economics, Education, History.

Socialist Yugoslavia as a failed response to Mises and Hayek Recorded at Paupers Pub, Toronto, ON, Thursday, March 22, 2012. Predrag Rajsic is a postdoctoral fellow in the Department of Food, Agricultural, and Resource Economics at the University of Guelph


Is Fair Trade a Fair Deal?

Tuesday, March 27th, 2012 by posted in Capitalism, Economics, Trade.
Fair Trade

[Originally published in The Freeman, March 2008, Volume 58, Issue 2, We’ve all seen the signs in our local cafes, boasting something like: “We proudly sell coffee brewed with Fair Trade coffee beans, acquired at a price that permits sustainable


Bank of Canada Outdoes Competition

Monday, March 26th, 2012 by posted in Banking.

Bank of Canada Governor Mark Carney unveiled the new fiat 50 dollar bank note at a launch party in Quebec City today. According to Carney: Thanks to greatly enhanced security features and efforts undertaken by police forces, especially the Sûreté

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Harper Considering Free Trade? More Like Contemplating The Unlocking of the Serf’s Chains

Monday, March 26th, 2012 by posted in Trade.

In a truly free world, trade is uninhibited and at the discretion of both parties involved.  The arbitrary boundaries imposed by various states are irrelevant.  Whether it be with the local grocer or a clothing merchant on the other side

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The Market Maneuvers around the Money Monopoly

Monday, March 26th, 2012 by posted in Banking, Capitalism.
Gold Backed Debit Card

The Market never ceases to amaze me.  Even with crippling laws and regulations, the creative minds of entrepreneurs and businessmen find unique ways to provide the goods and services that we, the people, demand.  This applies to all areas of


James Delingpole and the history of Watermelonism

Monday, March 26th, 2012 by posted in Economics, Education, Environment.

Please find the second volume of the Austrian A/V Club Below Interviewed is James Delingpole, Author of Watermelons: The Green Movement’s True Colours. James Delingpole is a writer, journalist and broadcaster who is right about everything. He is the author


Underestimating Unemployment

Monday, March 26th, 2012 by posted in Economics, Education.

The unemployment rate represents the unutilized supply of labour in the economy. It is considered an indicator of economic health. Persistent joblessness is associated with a great deal of public hardship. Because of this, politicians are under considerable pressure to


Prostitution in Canada

Monday, March 26th, 2012 by posted in Civil Liberties, Law, Lifestyle, Trade.

At 11am today, the Ontario Court of Appeal will rule whether the nation’s anti-prostitution laws are unconstitutional. I am not a constitutional expert, so I will defer to others for constitutional arguments around the issue of prostitution. When it comes

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Some Further Notes on Libertarian Science Fiction

Monday, March 26th, 2012 by posted in Politics.

[Transcribed from the Libertarian Tradition podcast episode “Libertarian Science Fiction II”. Posted on Friday, March 11th, 2011] This essay is about four writers, none of whom was a libertarian, but each of whom wrote something back in the 1960s

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