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My letter to the Financial Times, London re: The FT sides with counterfeiters and confiscators

Friday, August 28th, 2015 by posted in Banking, Civil Liberties, Law, Regulation.

Re: The case for retiring another barbarous relic Dear Sirs: I was appalled at your supposed “case” for eliminating cash, which you yourselves describe as the peoples’ “go-to safe asset”. And what IS your case? One, “cash…limits the central banks’

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My letter to The Times, London re: Legal tender laws protect unsound money

Thursday, August 20th, 2015 by posted in Economics, Law, Politics, Regulation.

Dear Sirs: I will not take the time required to refute point-by-point Mr. Ed Conway’s latest attack upon a gold-backed currency. It is obvious that he is completely ignorant of monetary theory and history. Rather, I will ask Mr. Conway

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A fourth economic fallacy about Greece

Tuesday, July 28th, 2015 by posted in Economics, Law.

Recently I posted a short essay listing three economic fallacies about the Greek crisis. The three were (1) the euro is too strong a currency for Greece, (2) debasing its own currency will allow Greece to export its way to

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My letter to Wolfgang Munchau of the Financial Times, London

Monday, July 27th, 2015 by posted in Law.

Re: The make believe world of eurozone rules Dear Sir: In your otherwise fine column today–Monday, July 27, 2015–you conclude with this statement: “…Germany does not want to grant Greece debt relief for political reasons, and is using European law

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My Advice for Greece

Monday, July 6th, 2015 by posted in Capitalism, Economics, Law, Politics, Regulation, Trade.

  Leave both the European Union (EU) and the European Monetary Union (EMU). These are very flawed institutions. In his prescient book Tragedy of the Euro, Professor Philip Bagus uses the term “misconstructed”, which I think is very descriptive of

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Nanoaggressions: Testing the Limits of Libertarian Legal Doctrine

Friday, July 3rd, 2015 by posted in Capitalism, Law.
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Reprinted from the Freeman Arthur Firstenberg sued his neighbor over a WiFi connection. Firstenberg asked for more than $1 million in damages due to the radiation emanating from his neighbor’s wireless router, dimmer switches, and other devices that we take for

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My letter to the NY Times re: Why laid off American workers can’t find jobs

Re: The Perils of Globalization Dear Sirs: I believe that Binyamin Appelbaum may have unwittingly answered his own question about why American workers who lose their jobs–as illustrated by the former Maytag employees in Galesburg, Illinois–have such a difficult time

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Decline of the Rule of Law

Friday, March 20th, 2015 by posted in Capitalism, Economics, Law.
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Reprinted from The Freeman Political wisdom, dearly bought by the bitter experience of generations, is often lost through the gradual change in the meaning of the words which express its maxims.  Though the phrases themselves may continue to receive lip service,

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Who Owns the Water?

Tuesday, March 10th, 2015 by posted in Economics, Law, Regulation.
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Reprinted from LewRockwell.com Dear Mr. Read: Congratulations on publishing the stimulating and challenging article on “Ownership and Control of Water” in the November issue of Ideas On Liberty. It is highly important that we think more about such fine points

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The Government Bundle: Would You Like War with Your Health Care?

Monday, February 23rd, 2015 by posted in Economics, Law, Regulation.
ontario-pc-leader-tim-hudak

A recent business innovation that has seen wide market acceptance is the bundling of goods and services.  For example, telecommunications providers such as Bell and Rogers often bundle their phone and Internet services.  Such bundling provides substantial benefits for both

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On Slavery

Thursday, February 19th, 2015 by posted in History, Law.
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Exactly one hundred and fifty years ago, the United States Congress passed the 13th Amendment to the Constitution. The abolishment of slavery remains one of our country’s great moral triumphs, a crowning achievement of liberal, enlightened civilization. Unfortunately it was

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Elizabeth Stoker Bruenig Fails to Take Down Libertarianism over Children’s Rights

Monday, February 16th, 2015 by posted in Law, Philosophy.
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If you ever want to disrupt a room of libertarians, you should bring up the topic of children’s rights. Similar to intellectual property and private law enforcement, the rights of the smallest, most defenseless among us is contentious. It’s so

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Property Rights as Social Justice Part III

Tuesday, February 3rd, 2015 by posted in Capitalism, Economics, Law, Philosophy.
fence-and-snowy-field-in-Knox-Farm-State-Park-East-Aurora-NY

Given the essentiality of peace and prosperity to the quality of human life, the significance of private property can hardly be ignored. Its greatest significance in the eyes of commentators, however, seems rooted in the impetus it gives to the

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Why the welfare state grows, and grows, and grows…

Thursday, January 29th, 2015 by posted in Law, Politics.

Re: George Will on the mushrooming welfare state Columnist George Will puts recent research into the adverse consequences of the welfare state into words that we all can understand. However, I do not think that he gets to the heart of

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What Price a Planned Economy? Part 2

Monday, January 19th, 2015 by posted in Capitalism, Economics, Law.
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Originally published in Contemporary Review of London, April 1938. Reprinted from Mises.org IV But if democracy had to abdicate only from the control of economic life, this might still be regarded as a minor evil compared with the advantages expected from

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What Price a Planned Economy? Part 1

Thursday, January 15th, 2015 by posted in Capitalism, Economics, Law.
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Originally published in Contemporary Review of London, April 1938. Reprinted from Mises.org The link between classical liberalism and present-day Socialism — often still misnamed liberalism — is undoubtedly the belief that the consummation of individual freedom requires relief from the

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Take Back the Word “Liberal”

Wednesday, January 14th, 2015 by posted in Capitalism, Economics, Law, Philosophy.
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Reprinted from The Freeman For 2015, I would like to pick up an old campaign to take back the word “liberal” for the cause of human liberty. Or perhaps that’s too ambitious. Perhaps it is enough for each of us

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Maastricht Treaty? We don’t need no stinkin’ Maastricht Treaty!

Tuesday, January 13th, 2015 by posted in Law, Politics.

From today’s Open Europe news summary: Bank of France Governor Christian Noyer told Handelsblatt that, if the ECB were to buy government bonds, he would favour “a cap” in terms of percentage of the market which the ECB can buy. Handelsblatt Le

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The worst that can happen to you for committing a nonviolent marijuana crime, around the World

Tuesday, January 13th, 2015 by posted in Capitalism, Civil Liberties, Education, Law, Lifestyle, War on Drugs.
Marijuana map

Everyone knows different countries treat drugs differently. For example, if you get caught buying or selling a large amount of marijuana in Canada, you’re probably not going to get your head chopped off by the government–but in Saudi Arabia, that is the law.

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Police Piracy

Tuesday, January 13th, 2015 by posted in Civil Liberties, Law, War on Drugs.
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Reprinted from Casey Research Christmas came early to a Midwest sheriff’s department. While back in Abilene, Kansas to see family, I read a story reported by an old high school friend, titled “Dickinson County Sheriff Office could benefit from forfeiture.”

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