Archive for September, 2012

On risk convergence, overdertermined systems and hyperinflation

Sunday, September 30th, 2012 by posted in Uncategorized.
Sep 30 2012 featured

(republished from “A View from the Trenches“, September 30th, 2012) Click here to read this article in pdf format: September 30 2012 This week, we want to follow up on some thoughts from our last two letters, where we deduce the impact of

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Labor Unions and Worker “Rights”

Saturday, September 29th, 2012 by posted in Economics, Law, Philosophy, Regulation.
worker rights

In light of various measures to declaw the more harmful provisions of pro-union laws, the executive director of the Canadian Association of University Teachers has put out a memo to the association’s officers and presidents lamenting over what he sees

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Democracy and Force

Friday, September 28th, 2012 by posted in Politics, Regulation.
factory teaser

[This article is excerpted from Liberalism, Chapter 1] 9. Critique of the Doctrine of Force The champions of democracy in the eighteenth century argued that only monarchs and their ministers are morally depraved, injudicious, and evil. The people, however, are

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Mises Meet September

Thursday, September 27th, 2012 by posted in Uncategorized.
currency_printing

The Toronto meet is being held at Paupers Pub – Thursday, September 27th, 2012 7:00pm until 11:00pm At Paupers Pub 539 Bloor St. West, Toronto, ON M5S 1Y6 First Floor, at the back. Speakers include Chris Horlacher Books will be

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Austrian A/V Club – Bob Murphy on QE3 and Canadian Fiscal Sanity

Thursday, September 27th, 2012 by posted in Banking, Capitalism, Economics.
Austrian A/V Club – Bob Murphy on QE3 and Canadian Fiscal Sanity

Redmond is the director of the Ludwig von Mises Institute of Canada.

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The BBC on F.A. Hayek

fa_hayek

Masters Of Money: Friedrich Hayek A look at the life of Hayek and his economic views – including interviews with Peter Schiff, Bruce Caldwell, John Papola, Ron Paul and others. Jeffrey Sachs is particularly clueless… and Paul Krugman is unbearable

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Climate Alarmism: Our Sanity and Wallets Need a Break

Thursday, September 27th, 2012 by posted in Capitalism, Economics, Environment, History, Regulation.
polar bear teaser

Reprinted from The Moral Liberal Pick up any 40-year-old science textbook – on chemistry, biology, geology, physics, astronomy or medicine – and you’ll find a slew of “facts” and theories that have been proven wrong or are no longer the

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What Happened to Virtue?

Wednesday, September 26th, 2012 by posted in Economics, Foreign Policy, Law, Philosophy.
aquinas

In the midst of the Great Depression, Treasury Secretary Andrew Mellon famously advised President Hoover to “liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate” instead of propping each industry up with tax dollars.  This liquidation doctrine would “purge the

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No Treason: The Constitution of No Authority

Wednesday, September 26th, 2012 by posted in Philosophy, Politics, Regulation.
execution teaser

From the Wikipedia description: No Treason: The Constitution of No Authority is an 1867 essay by American individualist anarchist, political philosopher and legal theorist Lysander Spooner. It is one of his most famous political tracts. In this lengthy essay, Spooner

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Markets Make Us Smarter and Better

Tuesday, September 25th, 2012 by posted in Capitalism.
Smartphones teaser

Reprinted from Laissez Faire Today Airlines are loaded with passengers who surf the Internet while soaring through the air, chatting in real-time to anyone else on the globe, posting in social media, shopping, and downloading and reading books on a

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New York Times Propaganda and Fallacies

Monday, September 24th, 2012 by posted in Economics, Education.
new york times

Perusing the New York Times editorial page on any given day should give any reader of average intelligence the indication that only zombies of men aimlessly barking one liners of “tax the rich” and “support the middle class” actually take

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The Sad Legacy of Ronald Reagan

Monday, September 24th, 2012 by posted in Capitalism, Economics, History.
Reagan legacy teaser

Article originally appeared in The Free Market–Volume VI, No. 10, October 1988.  Reprinted from Mises.org  On August 2, 1988, President Ronald Reagan announced that he had changed his mind about the pro-union plant-closing bill. He had vetoed it three months

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Ohhh Henry on Free Trade and China

Saturday, September 22nd, 2012 by posted in Capitalism, Economics, Foreign Policy, Regulation.

If the Canadian and Ontario governments had not wiped out people’s incomes and savings with taxation and inflation then they would not be placed in the position of having to decide whether to allow foreigners with higher savings rates to

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Ohhh Henry on Immigrants, Government Workers, and Unions

Saturday, September 22nd, 2012 by posted in Capitalism, Foreign Policy, Law, Politics, Regulation.

New immigrants are not an essential ingredient in economic growth. The only essential ingredient is the formation of capital through savings. A large taxation burden caused by, among many other things, supporting immigrants (giving them free housing, welfare, health care,

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How to Interpret the Quebec Elections

Friday, September 21st, 2012 by posted in Politics, Regulation.
quebec elections

On September 4th more than 71% of eligible voters cast their ballots to elect a new government in Quebec. The result: Pauline Marois’ PQ (Parti Québécois) barely got a hold of power with 54 seats (and less than 32% of

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Liberalism and the State

Friday, September 21st, 2012 by posted in Economics, Environment, Regulation.
Ottawa teaser

[This article is excerpted from Liberalism, Chapter 1] 6. Private Property and Ethics In seeking to demonstrate the social function and necessity of private ownership of the means of production and of the concomitant inequality in the distribution of income

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Gold is money?? You don’t say…

Thursday, September 20th, 2012 by posted in Uncategorized.
hoard_of_ancient_gold_coins

Republished from George Washingtons blog on Zerohedge Deutsche Bank analysts Daniel Brebner and Xiao Fu  have just released a new report saying that gold is money (via Business Insider): While it is included in the commodities basket it is in fact

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The Brilliant but Confused Radicalism of George Orwell

Thursday, September 20th, 2012 by posted in Civil Liberties, History.
Orwell teaser

[This article is transcribed from the Libertarian Tradition podcast episode "Eric Arthur Blair aka George Orwell (1903–1950)." Reprinted from Mises.org] Eric Arthur Blair, who is best known under his pseudonym, George Orwell, was born 107 years ago this month in

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An evening with Art Carden

Thursday, September 20th, 2012 by posted in Capitalism, Economics, Environment.
ac-cropped

The Ludwig von Mises Institute of Canada presents a talk by Austrian Economist Art Carden. “An Economist’s Perspective on Environmental Issues” Art Carden is an Assistant Professor of Economics at Samford University in Birmingham, Alabama, a Senior Research Fellow with

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The Case Against Reinstating the Bank of Canada

Wednesday, September 19th, 2012 by posted in Economics, Regulation, Socialism.
Loonie_reverse_view

There is a legal case against the Bank of Canada going on right now. It seems that “we” own the BoC and can have the government direct the Bank to loan money “interest free” to finance government’s activities. There are

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