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The Food Police Turn to the Bottle

Tuesday, April 22nd, 2014 by posted in Capitalism, Regulation.
nutrition-booze

Continuing my “meddling bureaucrats trying to tell us what to eat” series, I recently discovered that the FDA is planning to start requiring nutrition labels on alcoholic beverages. Apparently they are worried that sorority girls pounding cosmos might be getting

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Let a Thousand Home Businesses Bloom

Tuesday, April 22nd, 2014 by posted in Capitalism, Economics, Regulation.
square teaser

Reprinted from FEE.org Imagine you’re out of work. But you’ve got capital in your talents, your home, and your family and friends. You might try to start a microbusiness at home to earn a little extra income and make ends

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Just Let the Market Work

Monday, April 21st, 2014 by posted in Capitalism, Economics, War on Drugs.
Marijuana Legalization in Colorado

Nearing the end of World War II, Keynesian-minded economists freaked out. The wage and price controls put in place to bolster the war effort were soon coming to an end. Paul Samuelson, the economist who unleashed the crazed thinking of

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Scarcity, Monopoly, and Intellectual Property

Monday, April 21st, 2014 by posted in Capitalism, Economics, Intellectual Property.
IntellectualProperty img

Reprinted from Mises.org A Libertarian Critique of Intellectual Property.By Butler Shaffer. Mises Institute, 2013. 62 pages. Few topics in recent years have aroused as much interest among libertarians as intellectual property. What place, if any, would IP — patents, copyrights,

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For More Jobs and Stability, Set the Economy Free

Friday, April 18th, 2014 by posted in Capitalism, Economics, History.
yellen teaser

Reprinted from Mises.org The headline in the print edition of the Denver Post of an associated press story on the nomination of Janet Yellen highlights a quote from President Obama, “She understands the human cost when people can’t find a job.” This statement

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A typical EU solution

Thursday, April 17th, 2014 by posted in Capitalism, Economics.

From today’s Open Europe news summary: Meanwhile, French Prime Minister Manuel Valls yesterday unveiled his plan to cut public deficit by €50bn between 2015 and 2017. The new leader of the party, Jean-Christophe Cambadélis, said this morning, “We need to

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Why We Should Sell Alcohol at College Football Games

Thursday, April 17th, 2014 by posted in Capitalism, Economics.
beer teaser

Reprinted from Mises.org Selling alcohol at college football games sounds to many like a really bad idea, and many others are no doubt of the opinion that there are already too many drunk and intoxicated fans and college students. Alcohol

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Building Codes and the Centralization of Risk

Tuesday, April 15th, 2014 by posted in Capitalism, Economics.
IN7032

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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Firefox Firing: Bullying or Well-Functioning Markets?

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

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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Higher Taxes Don’t Make Capitalism “Work Better”

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

“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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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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No criticism of the Fed allowed

Saturday, April 5th, 2014 by posted in Banking, Capitalism, Economics, Regulation.

Re: Jeremy Stein to Resign From Fed Board to Return to Harvard Now, no one would ever call Harvard professor Jeremy Stein an Austrian school economist, so it is illuminating how even his modest questioning of Quantitative Easy is not allowed

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EU Takes Over the Internet

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

Re: E.U. Lawmakers Approve Tough ‘Net Neutrality’ Rules Newspeak, the official language of George Orwell’s totalitarian nightmare regime in his novel Nineteen Eighty-Four, has come to Europe.  Billed as a law to protect the consumer from high prices and ensure more access

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How to Prevent Another Ukraine

Friday, April 4th, 2014 by posted in Capitalism, Economics, Foreign Policy, Law, Politics.

Today all nations treat the people, businesses, and natural resources within their borders as if they were owned by the state.  Some resources, such as oil and minerals, actually are owned by many national governments.  But even in the US,

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The Dutch West India Company

Friday, April 4th, 2014 by posted in Capitalism, Economics, History.
dutch west india company teaser

This article is excerpted from Conceived in Liberty, volume 1, part 4, “The Rise and Fall of New Netherland.” Reprinted from Mises.org The Dutch West India Company began operations in 1623, and in the same year the first party of permanent

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Hobby Lobby’s Dignity

Thursday, April 3rd, 2014 by posted in Capitalism, Economics, History.
hobby_lobby

Can capitalism ever be degrading? Is there something unjust about working long hours for minimal pay? Is it wrong to purchase a trinket manufactured halfway across the globe in a dingy, musty room? In a controversial piece for The American

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Catch Shawn Ritenour on Power Trading Radio

Tuesday, April 1st, 2014 by posted in Capitalism, Economics.
ritenour_shawn

Weekend Edition with Shawn Ritenour Professor of Economics at Grove City College, Shawn Ritenour, joins Merlin and John for a look at the truth behind economic data and the current macro market picture. Dr. Ritenour spent time working for the

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Central Banks Extend Their Reach as Bureaucratization of Markets Continues

Tuesday, April 1st, 2014 by posted in Banking, Capitalism, Economics.
fed teaser

Reprinted from DetlevSchlichter.com The twentieth century witnessed the shift from the classical order of free markets and hard, non-political money – epitomized by the gold standard – to fully elastic money and credit markets under the control of state central banks.

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The New Inquisition

Monday, March 31st, 2014 by posted in Capitalism, Regulation.
spanish inquisition the rack

There have always been things that “society” at large, meaning governmental authorities with the power to enforce their ideas, have considered more important than the individual liberty of the citizenry. If an idea is deemed sufficiently vital, it is easy

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