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In Defense of the Silk Road

Monday, June 16th, 2014 by posted in Capitalism, Regulation, War on Drugs.
silk_road01 teaser

Reprinted from Liberty.me Remember Napster? It was a solution that was strangled by government. But this action killed nothing. It started a new era of file sharing and online music distribution that has changed the dynamic of the world economy.

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Measuring Unemployment

Tuesday, June 10th, 2014 by posted in Capitalism, Economics, Regulation.
unemploymentline teaser

Unlike other factors of production, it’s difficult to define when and how many workers are unemployed. A weight of steel or a kilowatt hour of electricity is either employed or not. A human, on the other hand, can be classified

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Why is There So Much Confusion in Macroeconomics?

Monday, June 9th, 2014 by posted in Capitalism, Economics, Philosophy, Regulation.
money-printing1 teaser

Should we print, not print? Stimulate, not stimulate? Is austerity the right or wrong policy? Is government spending or printing effective? If we ask two economists these questions, we will likely get three opinions for each question. Economists seem confused,

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Down with Legal Tender

Friday, June 6th, 2014 by posted in Banking, Capitalism, Economics, Regulation.
canadiancurrency teaser

[This article is excerpted from chapters 4, 5, and 6 of Denationalisation of Money: the Argument Refined.] Reprinted from Mises.org When one studies the history of money, one cannot help wondering why people should have put up for so long with

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America’s Electronic Police State

Thursday, June 5th, 2014 by posted in Civil Liberties, Intellectual Property, Regulation.
cameras teaser

Reprinted from FEE.org The modern surveillance state is referred to as an electronic police state because it uses technology to monitor people in order to detect and punish dissent. The authorities exert social control through spying, harsh law enforcement, and

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Crony Capitalism has Government Approval

Tuesday, June 3rd, 2014 by posted in Banking, Capitalism, Regulation.
capitalism teaser

Reprinted from Canadian Electronics Magazine When Judge Richard Posner, the prolific conservative intellectual, released his book “A Failure of Capitalism: The Crisis of ‘08 and the Descent Into Depression” last year, you might have thought the final verdict was in:

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Minimum Wage: Making People Useless

Monday, June 2nd, 2014 by posted in Capitalism, Economics, Regulation.
minimum-wage teaser

Reprinted from Casey Research Karl Marx must be smiling. It’s capital vs. labor all over again. Income inequality is on the tip of every pundit and politician’s tongue. Thomas Piketty’s bestselling nonfiction tome, Capital in the Twenty-First Century, lends credibility to the

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The real cause of European budget indiscipline

Thursday, May 22nd, 2014 by posted in Economics, Politics, Regulation.

From today’s Open Europe news summary: In a comment piece for FAZ, German Finance Minister Wolfgang Schäuble reiterates his call for an EU budgetary commissioner with powers to veto national budgets. He also suggests Europe should be a “multi-layered democracy:

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Why Central Bank Stimulus Cannot Stimulate an Economic Recovery

Tuesday, May 20th, 2014 by posted in Banking, Capitalism, Economics, Regulation.

Today every central bank on the planet is printing money by the bucket loads in an attempt to stimulate their economies to escape velocity and a sustainable recovery.  They are following Keynesian dogma that increasing aggregate demand will spur an

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The Folly of Government Bank Regulation

Monday, May 19th, 2014 by posted in Banking, Capitalism, Economics, Regulation.
VA/DOD Response to Certain Military Exposures

Nothing gets the liberal press’s pom-poms twirling like the threat of bank regulation. Ever since the financial crisis in 2008 and subsequent bailout of Wall Street, progressive pols have had their sights set on the banking class. The animosity makes

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The Ten Catch-22s: Regulation of Natural Monopoly Utilities

Monday, May 19th, 2014 by posted in Capitalism, Economics, Regulation.
public-utilities-bg

“No alleged ‘fact finding’ and no armchair speculation can discover another price at which demand and supply would become equal. The failure of all experiments to find a satisfactory solution for the limited-space monopoly of public utilities clearly proves this

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The Lesson of Eugenics: “Perfection” Taken Too Far

Saturday, May 17th, 2014 by posted in Health Care, History, Regulation.
dnaediting

Reprinted from the Press and Journal The era of cheap housing may finally be upon us. In China, the private firm WinSun is using 3D printers to produce up to 10 houses a day. Thanks to the decreased labor cost

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Ontario Teachers: A Failure According to Wynne Government

Premier Wynne

In a great essay, Lawrence Reed points out that government’s constant efforts to reform its own policies is an implicit admission that they couldn’t get things right the first 50 attempts. This is instructive; as Ontario’s political debate now turns

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Review: The Rule of Nobody

Friday, May 9th, 2014 by posted in Politics, Regulation.
Howard

In his new book The Rule of Nobody, author Philip K. Howard argues that a relentless piling up of laws and regulations has made our government inhuman, inefficient, and incapable of fulfilling its core duties of serving the public interest.

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The Truth in Non-Intellectuals

Wednesday, May 7th, 2014 by posted in Foreign Policy, Politics, Regulation.
farmhouse

According to a new poll conducted by the Wall Street Journal and NBC News, average Americans are becoming increasingly wary of Uncle Sam’s prominent role in global affairs. Almost half of those surveyed want Washington to be “less active on

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How Regulated is Canadian Agriculture?

Tuesday, May 6th, 2014 by posted in Economics, Foreign Policy, History, Law, Regulation, Trade.
Canada

The 2014 Farm Bill has been passed. While some are complaining that the newest iteration of the Bill did not retain enough of the provisions from the previous, 2008 version, some are claiming that even passing it was quite an

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Technology Against the State

Monday, May 5th, 2014 by posted in Civil Liberties, Politics, Regulation.
smartphone

One of the first proverbs of the Chinese essay Thirty-Six Stratagems is “kill with a borrowed sword.” It means you should attack an enemy using their own strength against them. Such a tactic has the element of surprise in addition

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Some Basics of State Domination and Public Submission

Friday, May 2nd, 2014 by posted in Philosophy, Politics, Regulation.
canadian_parliament_ottawa teaser

Reprinted from Independent.org Familiarity may indeed, as the saying goes, breed contempt, but it also breeds a sort of somnolence. People who have never known anything other than a certain state of affairs—even an extraordinarily problematic state of affairs—have a

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Will Facebook Bring Down the Government?

Wednesday, April 30th, 2014 by posted in Civil Liberties, Politics, Regulation.
Facebook-Logo teaser

Reprinted from GaryNorth.com I am going to ask a rhetorical question. When was the last time you saw a positive political cartoon for Obama? It is not just Obama’s problem. How many positive cartoons did you see for George W.

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Achieving the betterment of labor without government coercion

Monday, April 28th, 2014 by posted in Capitalism, Economics, Politics, Regulation.

In Florida Tomato Fields, a Penny Buys Progress Florida tomato field workers toil under harsh conditions for low pay.  It seemed that the tomato growers could dictate whatever labor terms they chose, yet such was not the case.  It took

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