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Will an ordinary German citizen challenge the lawless ECB?

Tuesday, September 30th, 2014 by posted in Banking, Economics, Law, Politics.

From today’s Open Europe news summary: German economist Hans-Werner Sinn writes in the FT, “Deflation is not a danger for southern Europe, but an essential precondition for restoring competitiveness.” He describes the ECB’s latest asset purchase plan as “nothing less than

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A Strategy for the Right Part 1

Tuesday, September 30th, 2014 by posted in Philosophy, Politics.
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Reprinted from Mises.org What I call the Old Right is suddenly back! The terms “old” and “new” inevitably get confusing, with a new “new” every few years, so let’s call it the “Original” Right, the right wing as it existed

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Is New York City’s Proposed Ban on the Use of Supplemental Nutrition Assistance Program Benefits for Purchases of Sugar-Sweetened Beverages Effective Policy?

Tuesday, September 30th, 2014 by posted in Economics, Politics, Regulation.

In 2011, New York City mayor Michael R. Bloomberg proposed a ban on using Supplemental Nutrition Assistance Program benefits (commonly known as food stamps) for the purchase of sugar-sweetened beverages. While the plan has been criticized by food and beverage

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Is Science Investment Always a Good Thing?

Monday, September 22nd, 2014 by posted in Economics, Politics.
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The worship of science is a peculiar feature of our age, especially given the incredibly broad and non-specific nature of the term, and the vast quantitative and qualitative differences in  outcomes from various types of research within the scientific disciplines.

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Secession, Decentralization, and Competition

Monday, September 15th, 2014 by posted in Politics.
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As Scotland prepares to vote on whether or not to secede from the United Kingdom and become an independent country, much of the talk has revolved around specifics – which currency will be used? How will the control over the

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Fiat Lux

Sunday, September 14th, 2014 by posted in Philosophy, Politics.
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“Naive trust in the power of words to command reality is found in all mass delusions.” This line was written by Garet Garrett in his 1922 novel and celebration of entrepreneurship, The Driver. It slips by, easily unnoticed in a

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The insanity of majority vote at the ECB

Thursday, September 11th, 2014 by posted in Banking, Economics, Politics.

From today’s Open Europe news summary: The FT reports that the ECB will press ahead with its plans to purchase Asset Backed Securities (ABS) despite both the French and German government rejecting the bank’s calls for them to provide public guarantees to

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Scotland’s goal: Out of the frying pan and into the fire!

Thursday, September 11th, 2014 by posted in Economics, Politics, Regulation, Socialism.

Re: Alex Salmond says Scotland could join the EU in 18 months Why in the world would Scotland want to jump from one socialist union to an even bigger socialist union? Independence from the UK is Scotland’s chance to become the

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Americans Must Choose Non-Intervention for Peace, Prosperity

Thursday, September 11th, 2014 by posted in Economics, Foreign Policy, Philosophy, Politics.
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Reprinted from Voices of Liberty August 26, 2014 – Ron Paul and Mark Spitznagel are passionate about non-interventionism, free markets, and Austrian economics. In spite of their years, these passions former Congressman Paul and Mr. Spitznagel hold dear are growing in

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The Death of Minarchism

Friday, September 5th, 2014 by posted in Civil Liberties, Politics, Regulation.
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Reprinted from Liberty.me As incredible as it seems, the bourgeoisie seem to be turning against the police. In the wake of Ferguson, polls say that about half of us don’t trust them. Obviously, blacks remain way ahead of the curve

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Sin City’s Darker Twin

Thursday, September 4th, 2014 by posted in Politics.
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As the camera zooms in on the dried monkey skeletons on display, a scowling vendor angrily waves it away, cursing in Mandarin. “Here, photography is not always welcome” says the narrator. This scene from The Mong Lah Connection took place

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The Cycle of Dependency Can be Broken

Sunday, August 31st, 2014 by posted in Economics, Politics.
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People respond to incentives. We all know this, and it is the basis for a great majority of economic policy decisions. The behavioralist school has increasingly argued in favor of “nudge” policies to induce people to behave as government would

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The Moral Blindness of Government Agents

Friday, August 29th, 2014 by posted in Civil Liberties, Law, Politics, Regulation.
javert teaser

Reprinted from Liberty.me Those of us who have watched the scenes in Ferguson, Missouri, have been stunned at the brutality of the police. Most striking is their presumption that they have total control, that people are mere subjects, that all

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Elizabeth Warren’s 11 Commandments

Thursday, August 28th, 2014 by posted in Capitalism, Economics, Politics.
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Reprinted from Mises.org In a recent speech of which Politico claims absolutely energized the “Progressive” left, Elizabeth Warren laid out her so-called 11 Commandments of Progressivism. In what follows, I will first give Warren’s “commandment,” and then explain how each so-called commandment cannot

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Quebec Unions Fight Tooth and Nail for their Lavish Pension Plans

Sunday, August 24th, 2014 by posted in Politics, Regulation.
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When unions see/feel that their “entitlements” are “under attack”, they fight tooth and nail to keep them. We saw how ugly it can become in Michigan in the midst of the debate for right-to-work. However, it’s likely to be very

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Judgement in Ferguson

Saturday, August 23rd, 2014 by posted in Civil Liberties, Politics, Regulation.
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The Wall Street Journal recently ran an article on the misinterpretation of classic Shakespeare line: “The first thing we do, let’s kill all the lawyers.” Uttered by Dick the Butcher in “Henry VI, Part 2,” the phrase is interpreted as

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Justice in Nova Scotia?

Thursday, August 21st, 2014 by posted in Politics, Regulation.
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Justice has finally been served. No, I’m not referring to the ongoing strife in Ferguson, Missouri. Neither am I referring to the plight of the Yazidis and Christians in Iraq. I’m talking about something of far more importance; something of

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Who Cares for Toronto’s Sidewalks?

Wednesday, August 20th, 2014 by posted in Capitalism, Economics, Environment, Law, Politics, Regulation.

In Toronto an important debate is starting to stir about who controls the sidewalks – the city or the owners of the adjacent properties. Sparking this debate is a bicycle owner, Lisa Ferguson, who thought her bike was stolen when

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Germany cannot carry Europe any longer

Monday, August 18th, 2014 by posted in Economics, Politics.

From today’s Open Europe news summary: Persson: Eurozone still an awfully long way from becoming a healthy and vibrant economic bloc In the Sunday Telegraph, Mats Persson argued that while the risk of a euro breakup has subsided, “the currency zone

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Conservatives Embrace Disparate Impact?

Monday, August 18th, 2014 by posted in Law, Politics, Regulation.
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Libertarians know politics is a poor man’s way to effect long-lasting change. Voting certainly brings immediate results. But it doesn’t change attitudes. It takes a sustained didactic campaign to spread ideas. And sometimes, circumstance plays a critical role in ensuring

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