We live in interesting times. [youtube_sc url=http://youtu.be/lqN3amj6AcE] Redmond is the director of the Ludwig von Mises Institute of Canada.
History 
Austrian Bliss
Michael Bliss is the most sensible Canadian historian living today. But as his op-ed piece today in the Globe and Mail demonstrates , he is also a sensible economic thinker. Sounding eerily Austrian, Prof. Bliss suggests that our current economic
Government
First Published in 1848 I wish some one would offer a prize for a good, simple, and intelligent definition of the word “Government.” What an immense service it would confer on society ! The Government! what is it? where is
Big Business and the Rise of American Statism
Retrieved from the website of the Molinari Institute. Editors note: This piece has been edited for length. The preface has been removed. Read the full length version here. Conflicting schools of thought In historiography different schools of thought exist in
The Case for a 100 Percent Gold Dollar
Preface to the 1991 edition When this essay was published, America was in the midst of the Bretton Woods system, a Keynesian international monetary system that had been foisted upon the world by the United States and British governments
Mises Cirlce Calgary – Sept. 10th
Hello all The First Mises Canada Circle, Liberty and Oil: Foundations of Modern Civilization, was a great successs. Five speakers in front of a packed house at the Blackfoot Inn discussed the future of energy and liberty in Canada. Mises
9/11 Bullet Points
At the risk of adding to the already voluminous commentary about the tenth anniversary of 9/11, here are four bullet points summarizing the consequences of the policy response to the horrific events of that day: * Economically, the situation was
Microcredit Meltdown
Originally posted Friday, November 19, 1999 on Mises.org Microcredit is one of those fashionable political ideas that soars above the ideological fray, uniting everyone in a celebration of its glorious contribution to the public good. The idea is that special
Democracy and Deficits
Here is the link to an article in today’s National Post (Financial Post) authored by yours truly. In it, I invoke John Calhoun’s thesis that the state produces a class division between tax consumers and taxpayers in arguing that democracy
Business Under German Inflation
The Losses from the German Inflation Far Exceeded Any Gains Originally Published in the Freeman – November 2003 • Volume: 53 • Issue: 10 Paper money inflation and credit expansion never fall upon a people like an act of God.
40 Years of Fiat Currency – Is Gold as ‘Cheap’ as it was in 1971?
Originally Published on http://greshams-law.com/ Monday was the 40th anniversary of the irredeemable fiat dollar. Unlike the preceding 39 anniversaries, this one was actually noticed! Here, I present several charts that show the changes to the Fed’s balance sheet since 1971.
Krugman Jumps the Shark
Paul Krugman is now calling for “Space Aliens” to attack in order to “fix” the economy. [youtube_sc url=http://www.youtube.com/watch?v=NtdnZnizh6U] Probably spent the weekend watching Independence day [youtube_sc url=http://www.youtube.com/watch?v=z3qu-sCei3U] Doesn’t he understand the Broken window fallacy? War doesn’t
CNBC, Clueless in Economics
This morning before heading out to work I managed to watch a panel discussion on CNBC. Jim Grant of Grant’s Interest Rate Monitor was a guest for about 15 minutes. Now I usually watch CNBC strictly for entertainment purposes, that
Can Precious Metals Save Your Portfolio?
With the recent market turmoil, investors of all types are increasingly turning to an asset class that has been out of favour for decades; precious metals. Gold in particular is attracting serious attention. In recent months we’ve seen Bill Gross
The Austrians Were Right, Yet Again
Republished from Mises.org – just in case you missed it. After three-plus years of floundering around, a consensus has finally arrived that we are back in recession. Growth is not happening. The meager statistical growth of the past few years
A Pro-Free-Market Program for Economic Recovery
[This talk was given at Economic Downturn: Cause and Cure (Mises Circle, Sponsored by Louis E. Carabini) Newport Beach, California, November 14, 2009.] Originally Published on Mises.org Good afternoon, ladies and gentlemen: As you all know, we are in a
US Has Defaulted Before
The idea that the US cannot possibly default, at least in the sense of not being able to pay its debt obligations, is universally held. It helps explain why yields on US government bonds are so low despite its public debt having
In Search of a New Monetary Order
Editor’s Note: This essay was originally published in The Freeman, May 1972, Volume 22, Issue 1. It has been reprinted with permission. Ever since President Nixon suspended gold payments, on August 15, 1971, the question of realistic par values of the world’s
Gold versus Fractional Reserves
Editor’s Note: This essay was originally published in The Freeman, May 1979, Volume 9, Issue 5. It has been reprinted with permission. Henry Hazlitt, noted economist, author, editor, reviewer and columnist, is well known to readers of the New York
A Short History of the Bank of Canada
Editors note: Part of the Mission of the Mises Institute of Canada will be to explore and expose the roots of our very own central bank, the Bank of Canada. The Canadian experience must be re-examined through the lens of
New Comments on Mises Canada