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Scary: Krugman’s Idea of ObamaCare Success Story

Wednesday, April 16th, 2014 by posted in Economics, Health Care.

Paul Krugman has made another installment in his campaign to promote the wonders of ObamaCare. In this post, Krugman laments that New Yorkers of all people don’t recognize how great the new health insurance regime is working  out. He tells

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Putin’s Strong Hand

Wednesday, April 16th, 2014 by posted in Uncategorized.

The TV talking heads in the U.S. don’t believe Putin is much of a threat because the Russian economy is so poor. I’m not sure what they are comparing it to. As far as government finances go, as I point

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Short Memories and Money Creation

Wednesday, April 16th, 2014 by posted in Banking, Economics.

Bankers have never been accused of having long memories, but the crash beginning in ‘08 took out nearly 500 banks. Most were victims of plunging real estate values that savaged real estate loan portfolios.  You’d think it would be a

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A Rebuttal on Natural Rights and Law

Tuesday, April 15th, 2014 by posted in Law, Philosophy.

Indeed, when Gentiles, who do not have the law, do by nature things required by the law, they are a law for themselves, even though they do not have the law. They show that the requirements of the law are

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Building Codes and the Centralization of Risk

Tuesday, April 15th, 2014 by posted in Capitalism, Economics.

The earthquake that recently rocked Chile and the relatively small amount of damage, both human and structural, that resulted has led some to question whether building codes closer to home are too lax. If we just took a little more

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DS joins Mises Canada

Tuesday, April 15th, 2014 by posted in Uncategorized.

Interest in the Austrian School of Economics and the work of Ludwig von Mises has been on the rise for some time, and happily, this trend seems to be continuing, as can be seen, among other things, from the spread

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Skate Safe & Avoid the Cops!

Tuesday, April 15th, 2014 by posted in Civil Liberties, Law.

The recent video of a cop stopping longboarders with his SUV is going vial. And for good reason. The West Vancouver police officer is acting carelessly, using his SUV to cause the longboarders (who can easily get up to 50km

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Firefox Firing: Bullying or Well-Functioning Markets?

Monday, April 14th, 2014 by posted in Capitalism.

There seems to be some confusion over the issue of “freedom of speech.” Following the termination of Mozilla CEO Brendan Eich due to a donation to an anti-gay marriage campaign, commentators (mainly American Republicans) are howling with cried of indignation

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More Intimations by the European Central Bank of Currency Confiscation

Monday, April 14th, 2014 by posted in Banking, Capitalism, Civil Liberties, Economics.

From today’s Open Europe news summary: Draghi suggests that the ECB could ease policy further to tackle strong euro Speaking at the spring meetings of the IMF and World Bank over the weekend, ECB President Mario Draghi said that the

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Draft Day: The Power of Subjective Thinking

Sunday, April 13th, 2014 by posted in Economics.

The New York Times sent its first string reviewer to weigh in on Ivan Reitman’s new film “Draft Day.” They don’t get any better than A.O. Scott, who gets off  sentences like, “Lately, Mr. Costner hasn’t been around much, and

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The Source of Economic Progress–the Primacy of the Individual

Saturday, April 12th, 2014 by posted in Civil Liberties, Economics, Philosophy, Politics.

Members of an Austrian school of economics forum to which I belong have been discussing the source of economic progress.  It began with the usual elements of capital, technological development, and managerial expertise before getting more philosophical when a member

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Higher Taxes Don’t Make Capitalism “Work Better”

Friday, April 11th, 2014 by posted in Capitalism, Economics, History.

“Would Capitalism Work Better With Higher Taxes?” That’s the title of a new Globe and Mail editorial written by Doug Saunders. The question is innocent enough. The article treads lightly on the topic without ideological moralizing. The dilemma of how

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April Mises Meet!

Thursday, April 10th, 2014 by posted in Events.

Ah spring, when a young libertarian’s fancy turns to love (for liberty)! Join the Ludwig von Mises Institute of Canada for our monthly meet up on Tuesday April 29, at 7 pm, at the Pauper’s Pub! Enjoy food, beverage, and discussion of

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The Obligation of Leisure

Thursday, April 10th, 2014 by posted in Economics.

The French government has long been a big fan of human rights. Of course one man’s rights are another man’s obligations. A new labour agreement in France will oblige employees to ignore their work emails once their working day is

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My letter to the NY Times re: Ignoring the elephant in the room

Wednesday, April 9th, 2014 by posted in Economics, Law, Regulation.

Re: Cities Advance Their Fight Against Rising Inequality Dear Sirs: The latest assault on economic science is led by the usual suspects–politicians, labor unions, intellectuals, and not-for-profit advocacy groups–who clamor for raising Seattle’s minimum wage to fifteen dollars an hour.  The

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The Greatest Economic Myth in the World Today

Wednesday, April 9th, 2014 by posted in Economics.

From today’s Open Europe news summary: New French PM calls for greater ECB action and criticises strong euro French Prime Minister Manuel Valls yesterday won a vote of confidence in the lower house of the French parliament by 306 to

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More IMF Meddling

Wednesday, April 9th, 2014 by posted in Banking, Economics.

The International Monetary Fund is up to its mixed messages again. This time it´s a dire warning about Canada´s future. The IMF has recently softened its outlook on Canada, warning that “”downside risks to the outlook still dominate, including from

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Why Lehman is Still a Mess

Tuesday, April 8th, 2014 by posted in Banking, Capitalism, Economics.

More than five years after the collapse of Lehman Brothers, economists are still searching to understand why it failed as badly as it did. By this I don’t mean why it went bankrupt – everyone is well aware that its

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On Natural Rights, the Egoists Have Nothing

Monday, April 7th, 2014 by posted in Law, Philosophy.

The question of natural rights has bogged the thinking of philosophers for centuries. In a recent book review of Trevor Blake’s Confessions of a Failed Egoist and Other Essays, Nicholas James Pell brings up an interesting argument against the moral

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GM, Product Safety, and Death

Saturday, April 5th, 2014 by posted in Economics.

The reports that GM deliberately avoided a recall for a defective ignition switch–which led to at least 13 fatalities–because of cost considerations has led to predictable denunciations of capitalist greed. Michael Moore epitomizes this reaction: I am opposed to the

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