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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.
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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.
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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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The Lamps Are Going Out

Wednesday, February 4th, 2015 by posted in Capitalism, Politique, Regulation.
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Reprinted from Taki’s Magazine Last night the streetlights in my pleasant little English market town were switched off at midnight. In fact they’ve been switching them off at midnight for two months, but I have not been here to notice it. However, in

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“Left-Over” Women and Gender Inequality in China

Tuesday, February 3rd, 2015 by posted in Capitalism, Economics, Regulation.
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Whoever has read The Pride and Prejudice must remember Mrs. Bennet, whose major concern is to marry off her daughters. When her second daughter Elizabeth told her that she is going to be with Mr. Darcy, her reaction is that

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In Defense of Uber’s Surge Pricing

Friday, January 30th, 2015 by posted in Capitalism, Economics, Regulation.
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Reprinted from the Freeman The smartphone-coordinated ride-sharing company Uber has come under fire for charging “outrageous” prices during peak demand times. I will defend the general principle of “surge pricing,” which performs the vital social function of drawing forth supply

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A Graphical Introduction to the Austrian Business Cycle Theory

Tuesday, January 27th, 2015 by posted in Banking, Capitalism, Economics, Regulation, Uncategorized.
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A Graphical Introduction to the Austrian Business Cycle Theory By: Gaurav Mehra Twitter: @GMehra_ Email: gmehra@alumni.uwo.ca   For a pdf version of this article: Intro to ABCT – Final   Business cycles, simply put, are the fluctuations of economic growth

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Charlie Hebdo Goes Critical

Saturday, January 24th, 2015 by posted in Economics, Politics, Regulation.
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The murder of eleven employees of the Charlie Hebdo newspaper in Paris has grabbed international headlines. It was, indeed, an appalling act. Western media outlets went ballistic.  Politicians from around the world descended on Paris and locked arms in a

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The U.S. Cannot Afford to be the World’s Police

Wednesday, January 21st, 2015 by posted in Economics, Foreign Policy, Regulation.
Cargo supplies are piled on the tarmac at the Ramstein U.S. air base in central Germany

Reprinted from the Press and Journal The recent shooting at the French satirical magazine Charlie Hebdo by Islamic extremists has reignited the debate on how to handle the threat of terrorism. The renewed talk is understandable. As horror extraordinaire H.P. Lovecraft

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Will the ECB Soon Fire Up the Printing Presses?

Friday, January 16th, 2015 by posted in Banking, Economics, Regulation.
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There is growing anticipation that the European Central Bank will pull the QE (quantitative easing) trigger at its upcoming meeting on January 22nd. Never mind that such an action explicitly violates article 104 of the Maastricht treaty (article 123 of

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