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Mises’ Plan of an “Eastern European Democratic Union” (EDU) – A Solution for the Ukrainian Crisis?

Monday, March 31st, 2014 by posted in Economics, Foreign Policy, Politics.
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Once again, a conflict in Eastern Europe threatens world peace. The dispute about Ukraine’s status as an independent country puts the old problem of national sovereignty in Eastern Europe back on the agenda. Once again, the project has failed to

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A Lifeboat for Jerome Murdough

Saturday, March 29th, 2014 by posted in Capitalism, Politics, Regulation.
Hot Cell Death

In his Ethics of Liberty, libertarian theorist Murray Rothbard makes short work of popularly employed “lifeboat situations.” Devising untenable situations to trip up ideologues is a common tactic of debaters (admittedly, I am prone to the same behavior from time

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The wages of public control of the economy

Friday, March 28th, 2014 by posted in Capitalism, Economics, Environment, Foreign Policy, Politics.

From today’s Open Europe news summary: German Energy Minister warns that there is “no reasonable alternative” to Russian gas German Minister for Economic Affairs and Energy, Sigmar Gabriel, yesterday warned that there is “no reasonable alternative” to Russian gas imports,

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What can we expect from new Fed Chairman Janet Yellen?

Thursday, March 27th, 2014 by posted in Banking, Economics, Politics.

No change. Oh, you want more?  Well, OK, I suppose I can give more of an explanation than that.  Groucho Marx used to tell a joke on himself that “I wouldn’t want to belong to any club that would admit

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The EU Cannot Be Reformed, Because It Does Not Honor the Rule of Law

Wednesday, March 26th, 2014 by posted in Capitalism, Economics, Law, Politics.

From today’s Open Europe news summary: Swidlicki: Clegg/Farage debate risks establishing false ‘all-or-nothing’ choice and ignoring public appetite for EU reform Writing on Liberal Democrat Voice ahead of the first EU debate between Nick Clegg and Nigel Farage tonight, Open

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Creating Unemployment and Poverty

Tuesday, March 25th, 2014 by posted in Capitalism, Economics, Politics, Regulation.

From today’s Open Europe news summary: In an interview with Die Welt, Jean-Claude Juncker, the EPP’s candidate for European Commission President, argues, “As Europeans we have been active in many areas except for social policy where we have taken a

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Saturday, March 22nd, 2014 by posted in Economics, Education, Politics.

I held off on writing this review to avoid giving (mild) spoilers to the parents who were taking their kids anyway. But now that the initial rush is over, I want to tell fans of liberty that the box office


The Meaning of Social Constructs

Friday, March 21st, 2014 by posted in Philosophy, Politics, Regulation.

Imagine trying to debate the differences between cats and dogs with someone. But throw in one caveat: neither you nor your fellow debater know what a cat or dog is. Any kind of discussion on the playfulness of canines versus

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A Faux Fix for Traffic Congestion in Toronto

Thursday, March 20th, 2014 by posted in Capitalism, Economics, Environment, Politics, Regulation.

Re: Proposal to ban cars every other day in Toronto Traffic congestion in certain cities is being met in the traditional ineffective, statist way; i.e., don’t fix it; just make it illegal by prohibiting cars to enter the city every

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A Typical Day in Europe: getting a handout or desiring autonomy

Wednesday, March 19th, 2014 by posted in Civil Liberties, Economics, Politics.

(My comments in italics below the news reports) From today’s Open Europe news summary: The Greek government reached a deal with the EU/IMF/ECB Troika yesterday, paving the way for the next disbursement of €10bn in bailout funds, which Greece hopes

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Why Conservatism Shouldn’t Be Ditched

Tuesday, March 18th, 2014 by posted in Philosophy, Politics.

Conservatism is a dirty word. People often misuse it, whether speaking of themselves or others. It rarely means what it describes. Ask any man off the street what a conservative is, and they’ll likely tell you he is a bigoted


Our Unrepentant Fed

Thursday, March 13th, 2014 by posted in Banking, Capitalism, Economics, Politics.

Re: Fed nominee Fischer says easing still needed amid unemployment The above Bloomberg article on Stanley Fischer as the Fed’s nominee for its number two person bodes ill for America and the world.  Fischer has spent his entire adult life

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Three Examples of EU Madness

Monday, March 10th, 2014 by posted in Capitalism, Economics, Politics.

The italicized paragraphs are from the Open Europe news summary of March 10, 2014. My comments below each: Eight leaders of the European People’s Party (EPP), including German Chancellor Angela Merkel, have backed a call for students to be given

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Episode 46 – Julie Borowski: Online Activism, Media vs. Libertarianism, and Drug Policy

Tuesday, March 4th, 2014 by posted in Philosophy, Politics.

Catch one of the latest episodes of “Better Red Than Dead” with special guest libertarian personality Julie Borowski! You can listen here.  

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The “Nation” as a Device To Create a Psychological Crowd

Friday, February 28th, 2014 by posted in Philosophy, Politics, Socialism.
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Reprinted from LewRockwell.com One device of leadership is to control individual behavior by psychological means. Gustave Le Bon’s 1895 book “The Crowd: A Study of the Popular Mind” outlines this phenomenon. The leader uses events to short-circuit rational thought and regress people

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My letter to National Review Magazine re: Stop applauding Ben Bernanke

Thursday, February 27th, 2014 by posted in Capitalism, Economics, Politics, Regulation.

Dear Sirs: In your February 24th edition under “The Week” recap of significant news events you make the astounding statement that Ben Bernanke should be applauded for his massive money printing, interest rate pegging, socialist monetary planning maneuvers during and after

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Misunderstanding Machiavelli

Tuesday, February 25th, 2014 by posted in Capitalism, Economics, History, Philosophy, Politics.

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

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My letter to the Financial Times, London re: Educating Mr. Abe

Monday, February 24th, 2014 by posted in Capitalism, Economics, Politics.

Re: Abe grapples with mystery of missing J-curve Dear Sirs: Perhaps I can shed some light on Japanese Prime Minister Abe’s missing J-curve; i.e., why Japan’s trade deficit seems to be increasing rather than decreasing after massive monetary intervention to

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Ludwig von Mises Institute of Canada Weekly Summary, Feb. 17-23, 2014

Sunday, February 23rd, 2014 by posted in Capitalism, Economics, Politics.
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F. A. Hayek gave an historic address in 1975 that he later developed into his 1976 book Choice in Currency. In this slender book Hayek made one of the most succinct explanations for why central banking must come to an

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Politicized Science Loses Credibility

Thursday, February 20th, 2014 by posted in Environment, Politics.

Science has ceased to be a search for truth, and has instead become a tool of politics. Gone are the days of solitary researchers toiling away for years in their garages. Now, the vast majority of studies are conducted for