James Elliott Coyne would have been 104 years old this July, if he had lived past the ripe old age of 102. A lawyer by training, Coyne first joined the Bank of Canada in 1938 in the Research Department, but
Catch one of the latest episodes of “Better Red Than Dead,” hosted by Mises Canada Executive Director Redmond Weissenberger and Predrag Rajsic. Predrag Rajsic specializes in production economics and economics of markets with substantial market exchange restrictions. His research interests
Reprinted from TheBestSchools.org Austrian economics, of course, is the school of thought which holds that the free market is basically self-regulating and that the government’s role should be limited to providing a reliable and predictable legal structure within which all
An op-ed page discussion of Niccolo Machiavelli’s The Prince is the last place to expect another bit of carping about present-day inequalities of wealth. But that’s what the Toronto Star presented its readers today in a mini-symposium commemorating the 500th anniversary of
Reprinted from Mises.org Ludwig von Mises and Joseph Schumpeter are the most famous economists trained by the older Austrian School, although generally Schumpeter has received the lion’s share of attention. This is especially true, for example, in the field of entrepreneurship.
Reprinted from Circle Bastiat As noted by e.g. Reason.com, Yahoo! News recently reportedthat Swedes are increasingly turning their backs on their globally lauded utopian welfare state. While very little known, Sweden’s welfare state “worked” through the early 1970s thanks to deliberately preserving
Conrad Black has a capacious knowledge of history, which often makes for an enjoyable read of his regular Saturday column in the National Post. This Saturday, however, Black’s attempt to put the current economic recovery, as sluggish as that has been
Reprinted from Strike-the-Root.com In a previous essay, NASA, the Aerospace Welfare Queen, we explored what happens when technology is grafted onto big-government militarism and the bread-and-circuses mentality of the state. The result? The kind of scientific ‘achievement’ described by Ayn Rand
Re: Confronting an Old Problem May Require a New Deal, by Eduardo Porter Dear Sirs: Mr. Porter recently trotted out every discredited economic idea of the New Deal, from Keynes’ fallacious idea of permanent, structural unemployment to the fallacious idea
Plenty of ink has been spilled on the Edward Snowden leaks, and government leaks in general. Opinions on the bespectacled whistleblower run the gamut between savior and treacherous cretin. Libertarians and progressives love the guy. Political elites loathe him. California
There is a myth about Canadian culture propagated by the state’s intellectual class. Some these “opinion-molders” include (but are not limited to) George Grant, C.B. Macpherson and Charles Taylor. Since the state needs to justify its collectivism, it has an
Reprinted from City Journal Decay, when not carried to excess, has its architectural charms, and ruins are romantic: so romantic, indeed, that eighteenth-century English gentlemen built them in their gardens, as pleasantly melancholic reminders of the transience of earthly existence.