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My letter to the NY Times re: Please, make me unemployed!

Friday, April 17th, 2015 by posted in Economics, Politics, Regulation.

Re: In test for unions and politicians, a nationwide protest on pay Dear Sirs: I find it incredible that anyone, especially the vaunted New York Times, would treat with respect the fallacious concept that pay can be set arbitrarily–and enforced

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The Silk Road Back to Leviathan?

Friday, April 10th, 2015 by posted in Philosophy, Politics, Regulation.
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Reprinted from the Freeman “The Silk Road might have started as a libertarian experiment,” writes Henry Farrell in Aeon magazine, “but it was doomed to end as a fiefdom run by pirate kings.” Ross Ulbricht was recently convicted on seven

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The Battle Against Political Extremism

Monday, April 6th, 2015 by posted in Capitalism, Politics, Regulation.
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It is becoming more common for the mainstream media to warn Canadians about the threats posed by domestic extremists. This was emphasized by Vic Toews, the Canadian Minister of Public Safety, in his article entitled “Building Resilience Against Terrorism: Canada’s

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My recent interview on Power Trading Radio

Friday, April 3rd, 2015 by posted in Banking, Capitalism, Economics, Politics, Regulation, Socialism.

  Banking Expert: Germany Should Leave the European Union April 3rd, 2015 Patrick Barron is a consultant to the banking industry. He teaches Austrian school economics at the University of Iowa and Bank Managemant Simulation for the Graduate School of

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Statistics: Achilles’ Heel of Government

Friday, April 3rd, 2015 by posted in Politics, Regulation.
big-data teaser

This essay was published in Essays on Liberty, VIII (Irvington-on-Hudson, NY: Foundation for Economic Education, 1961), pp.255–261, and in The Freeman, June 1961, pp. 40–44.) It was republished in The Logic of Action Two (Edward Elgar, 1997, pp. 180 184).

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Oil Boom and Government Glut

Wednesday, April 1st, 2015 by posted in Capitalism, Environment, Regulation.
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Reprinted from the Freeman It’s a sweet thing when Uncle Sam becomes a mega-buyer of your product. While the price of oil continues to plunge to record lows, drivers are celebrating, and oil executives are sweating it out. But never

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My letter to the NY Times re: New Pay Day Loan regs will hurt the working poor

Sunday, March 29th, 2015 by posted in Economics, Regulation.

Re: Agency wants to rein in payday loans Dear Sirs: Often payday lenders are the last tool of the working poor to forestall having utilities cut off, having a car repossessed (which can lead to losing one’s job), or even

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How and How Not to Desocialize

Wednesday, March 25th, 2015 by posted in Capitalism, Economics, Politics, Regulation.
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Reprinted from Mises.org Introduction It is generally acknowledged that bureaucrats are obstructing the process, but confusion abounds among free-market proponents themselves. Matters are scarcely helped by the fact that Western economists, to whom the former Eastern bloc is looking for

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Why We Should Use the Word “Taxpayer”

Monday, March 23rd, 2015 by posted in Politics, Regulation, Socialism.
Taxpayer-being-wrung-out-dolloars-falling

Elizabeth Stoker Bruenig has been on a tear lately. Her near-constant attacking of libertarians has brought her “vertically-integrated digital media company” a good deal of traffic. For this I say: congrats! Mrs. Bruenig, you’re as enterprising as the capitalist robber

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Net Neutrality: Triumph of the Ruling Class

Wednesday, March 11th, 2015 by posted in Capitalism, Politics, Regulation.
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Reprinted from Liberty.me A triumph of “free expression and democratic principles”? How stupid do they think we are? It’s been painful to watch the gradual tightening of government control in the name of net neutrality. The Federal Communications Commission’s decision

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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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My letter to the NY Times re: Japan’s Solar Mandates Lack Free Market Coordinating Function

Friday, March 6th, 2015 by posted in Economics, Regulation.

Re: Japan’s Growth in Solar Power Falters as Utilities Balk Dear Sirs: One of the prime reasons for the failure of Japan’s solar power initiatives is the government’s ignorance of the coordinating function of the the free market. The article

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Water Rights and Chinatown

Tuesday, March 3rd, 2015 by posted in Politics, Regulation, Socialism.
chinatown

Does a warning mean anything if nobody listens? With the precarious case of Lake Mead, doomsayers never seem to break the surface. For years, reports of the lake’s declining levels have popped up in the news. Yet residents of the

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The futility of bank regulation in a repressed monetary regime

Thursday, February 26th, 2015 by posted in Economics, Regulation.

Re: The Futility of Bank Regulation Under a Monetary Regime of Financial Repression, by Jeffrey P. Snider   I have admired the writing of Mr. Snider for some time now. His latest missive is long and detailed, but I was

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The Austrian Solution to Greece

Wednesday, February 25th, 2015 by posted in Economics, Politics, Regulation.
Main-Greece-Pic-Athens2

Arnold Kling asks economists to fill in the blank: “Greece will achieve economic success when ____” There is an answer from the Austrian perspective, but first I want to highlight some thoughts from other prominent bloggers. Option A: Paul Krugman of

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The Greek deal won’t solve anything

Monday, February 23rd, 2015 by posted in Economics, Politics, Regulation.

Since the Greek deal contains absolutely zero pro-market reforms, it won’t fix anything. Raising taxes, cutting down on tax evasion and smuggling, even if successful in raising tax revenue, simply entrench government at its current and possibly higher level. The

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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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My letter to the NY Times re: Why the Fed is perplexed about interest rates

Sunday, February 22nd, 2015 by posted in Economics, Regulation.

Re: Fed Appears to Hesitate on Raising Interest Rates Dear Sirs: Austrian School economists are not at all perplexed about what to do with interest rates, because our understanding of economics and especially monetary policy is superior to that of

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Government Spending and Regime Uncertainty

Monday, February 9th, 2015 by posted in Capitalism, Politics, Regulation.
power-plant-c-sxc

Reprinted from The Independent Institute In 1997, my article “Regime Uncertainty” appeared in The Independent Review. In the article, I sought to explain and elaborate on an idea that I believed, and continue to believe, helps substantially in understanding why

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Eating Right

Friday, February 6th, 2015 by posted in Health Care, Lifestyle, Regulation.
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Reprinted from the Freeman Food has always been political. Throughout history, armies have razed crops and demographics have shifted in response to hunger. Political correctness now drives the civics of food with bountiful nations attempting to dictate what people can

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