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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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Google: Friend of Liberty or Tyranny?

Tuesday, March 18th, 2014 by posted in Civil Liberties, Economics, Regulation.
google-sign teaser

One of the biggest themes in science fiction has always been paranoia, and the dark implications of new technologies – technologies that initially seem like unalloyed positives but which are found to have set the stage for society to evolve

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More Insanity from the European Union

Friday, March 14th, 2014 by posted in Capitalism, Economics, Regulation.

Fascinating excerpts from the March 14, 2014 Open Europe news summary in italics and my comments below each: All mobile phones and some other electronic appliances on the European market will have to come with a standard charger by 2017

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Raise the Minimum Wage? A Socratic Dialogue

Tuesday, March 4th, 2014 by posted in Capitalism, Economics, Regulation.
socrates teaser

Reprinted from The ancient sage Socrates, a giant in the foundation of Western philosophy, was known for a teaching style by which he aggressively questioned his students. He employed his Socratic method as a way to stimulate logical, analytical

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A Letter from Cass Sunstein

Monday, March 3rd, 2014 by posted in Politique, Regulation, Socialism.

From the desk of Cass Sunstein Former Administrator of the White House Office of Information and Regulatory Affairs Former appointment to NSA Advisory Panel March 3, 2014 Hello there citizen! I hope you are enjoying your day. I also hope


Stop the Presses: Environmentalists Argue for Fewer Regulations

Friday, February 28th, 2014 by posted in Capitalism, Regulation.

No one likes to boss other people around more than environmentalists. Their wildly unrealistic policy agenda combined with an innate disdain for other humans makes them alarmingly aggressive about imposing their wills on others, regardless of any negative impacts these

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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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New Laws on Prostitution Will Victimize the Women

Thursday, February 27th, 2014 by posted in Civil Liberties, Regulation.

Laws against the economic associates of prostitutes are likely to increase the abuse and death rates of the women. The best way – and, perhaps, the only sure way – to protect prostitutes is to decriminalize all aspects of the activity and allow them to access fully the legal rights that other women enjoy.


Pharmacy Wars

Wednesday, February 26th, 2014 by posted in Capitalism, Health Care, Regulation.
Apotheosis teaser

The Ontario Government’s war on drugs is entering a new and more dangerous phase that is bringing increasing violence to the most unexpected of places: the province’s pharmacies. One normally thinks of pharmacies as being places of peace and quietude.

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Economics of Daddy Days

Saturday, February 22nd, 2014 by posted in Economics, Law, Regulation.

Imagine if everyone was the same. Imagine if traditional social roles were completely obliterated. Imagine if egalitarianism wasn’t a pipe dream but reality. And imagine if our very understanding of biology and nature was turned topsy-turvy. At a recent Atlantic


New EU credit card proposal will harm small businesses

Friday, February 21st, 2014 by posted in Capitalism, Economics, Regulation.

From today’s Open Europe news summary: The European Parliament’s economic affairs committee yesterday voted in favour of a proposal to limit credit card payment fees charged to retailers by banks at 0.3% of the transaction value, reports EUobserver. Negotiations with

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My letter to the NY Times re: Fuel Economy Economic Nonsense

Thursday, February 20th, 2014 by posted in Capitalism, Economics, Regulation.

Re: Obama Orders New Efficiency for Big Trucks Dear Sirs: President Obama needs a lesson in Econ 101.  Requiring that business meet a new fuel economy standard in order to achieve some environmental goal, no matter how discredited the theory,

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My letter to the NY Times re: A tale of two banking models

Thursday, February 20th, 2014 by posted in Banking, Capitalism, Economics, Regulation.

Re:  Fed Closes a Loophole for Banks Overseas Re: Lending Where Banks Can’t: Blackstone Thrives in Ireland Dear Sirs: These two articles appeared on the front page of your Business Day section on Wednesday, February 19, 2014.  Nothing could more completely

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My letter to the NY Times re: The Fallacy of Planning–set Detroit free

Wednesday, February 19th, 2014 by posted in Capitalism, Civil Liberties, Economics, Politics, Regulation.

Re: A Picture of Detroit in Ruin Dear Sirs: Detroit does not need another worthless plan in order to deal with its problems.  To what end will a “blight plan” be put?  This is the question that should have been asked

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The Right to Say No

Tuesday, February 18th, 2014 by posted in Law, Politics, Regulation.

In his book Groundwork of the Metaphysics of Morals, German philosopher Immanuel Kant deduced the axiomatic case for why theft is wrong. Because man should act, at all times, as if his behavior can be made universal in law, he

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Capitalism and Fast Food: Delicious Bedfellows

Tuesday, February 18th, 2014 by posted in Capitalism, Regulation.

The World Health Organization has released a lovely little report on the effects of economic deregulation on the consumption of fast food and the average Body Mass Index (BMI) of citizens. To the surprise of no one, the nutrition police


Outlawing “Bankruptcy” in Europe

Sunday, February 16th, 2014 by posted in Banking, Education, Events, Politics, Politique, Regulation.

The European Union (EU) is currently discussing banning “bankruptcy.” Not the actual financial act, but the word. Apparently there is a stigma attached to going bankrupt. It leaves people thinking that perhaps you are not credit worthy and that they

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Turning Their Backs on Sweden’s Welfare State

Wednesday, February 12th, 2014 by posted in Capitalism, History, Regulation.
Stockholm-City-Sweden-Wallpaper teaser

Reprinted from Circle Bastiat As noted by e.g., Yahoo! News recently reportedthat Swedes are increasingly turning their backs on their globally lauded utopian welfare state. While very little known, Sweden’s welfare state “worked” through the early 1970s thanks to deliberately preserving

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Bitcoin Bank Run, Take 2

Tuesday, February 11th, 2014 by posted in Banking, Economics, Law, Regulation.

Enough people were upset with my previous post claiming that Mt. Gox is suffering a bitcoin bank run because it is holding only a fractional bitcoin reserve that it caused me to think twice about the claim. I could have


NASA, the Aerospace Welfare Queen

Monday, February 10th, 2014 by posted in Capitalism, Economics, Regulation, Socialism.
nasa teaser

Reprinted from The National Aeronautics and Space Administration (NASA) is a textbook example of how to quash free scientific inquiry. It also is a lesson in transforming potentially useful citizens into high-speed drains on the U.S. Treasury. Instead of

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