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Cannibalism and Calculation in North Korea

Thursday, January 31st, 2013 by posted in Capitalism, Economics, Socialism.
north korea

When state predation reaches a high degree of oppressiveness, there is no telling what the tyrannized will resort to in order to survive. A widespread lack of material sustenance or nourishment turns craven behavior into the norm. Society turns on

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Teacher Oversupply or Pupil Undersupply

Thursday, January 31st, 2013 by posted in Education, Politics, Regulation, Socialism, Uncategorized.
the wall

My high school education spanned a now unusual five years, over an even more unusual two continents and three countries. I started in the south European backwater that is Macedonia for my first two years, took my “junior year” in

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A Note on Socialism as Elitism

Tuesday, January 22nd, 2013 by posted in Capitalism, Economics, Socialism.
Socialism protest teaser

Reprinted from The Daily Bell Since ancient times some people have considered the market place an unruly forum in which to determine whose work and what commodities are worth how much. With Marxism this view acquired a pseudo-scientific status. The

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Ontario Teachers? Bill 115? Who? What? Someone Explain This

Tuesday, January 15th, 2013 by posted in Education, Events, Socialism.
teachers_rally_7

A spectre is haunting Ontario’s government schools – the spectre of… collective bargaining? “The public doesn’t have a clear understanding of what the current debate is about,” says John Wright, Senior Vice-President of Ipso-Reid, “half of them think it’s about

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The State and Roads

Thursday, January 10th, 2013 by posted in Capitalism, Regulation, Socialism.
drive by the rules

Last December, the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) proposed a new standard that would force automobile manufactures to install “event data recorders” (typically known as black boxes) in all vehicles starting in September of 2014. Because Congress

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The World of Tomorrow Demands Private Property of the Means of Production

Thursday, January 10th, 2013 by posted in Capitalism, Regulation, Socialism, Trade.
wolrd of tomrrow

For all their love of technology and science, people (mostly those comprising the middle class) have morbid fears that someday technology will make them obsolete and thus, jobless. It is one of those economic paradoxes which prevail in mainstream economics,

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On the Economic Calculation of “Fair Share”

Sunday, January 6th, 2013 by posted in Capitalism, Economics, Politics, Socialism.
sign-fair_share

When one speaks of a concept it is important that it is properly qualified so as to be correctly understood. Failure to accomplish that makes impossible for either the problem to be identified or a desired solution to be found.

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The Marxian Doctrine of “Ideology”

Monday, December 31st, 2012 by posted in History, Philosophy, Socialism.
marx ideology teaser

[This article is excerpted from volume 2, chapter 12 of An Austrian Perspective on the History of Economic Thought (1995). Reprinted from Mises.org] Even Marx must dimly recognize that not “material productive forces,” not even “classes,” act in the real

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Santa Keynes and the Hayekian Grinch

Friday, December 21st, 2012 by posted in Banking, Capitalism, Economics, History, Politics, Regulation, Socialism.
santakeynes

A great article by Peter Foster over at the Financial Post Keynesianism has extended ­downturn, despite recent praise We are now approaching the fourth Christmas of the great debate between the benign supporters of Santa Keynes and the walnut-hearted acolytes

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Orderly and Humane?

Wednesday, December 19th, 2012 by posted in History, Socialism, Trade.
World War 2 teaser

Reprinted from Peter Hichen’s Blog at U.K. Mail Online Some time ago I decided to write a book about the damaging and deluded cult of national victory which has done this country so much damage since 1945. No doubt it

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Do You Need Institutional “Weapons” to Defend Against Wealthy Capitalists?

Tuesday, December 4th, 2012 by posted in Capitalism, History, Regulation, Socialism, Trade.
anarcho syndicalism teaser

The anarcho-capitalist movement appears to be tweaking the interest of the young leftist movement, which historically represents the radical side of the political spectrum. Maybe the time has come for “revolutionary politics.” In his 1969 essay, “The Death of Politics”,

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Equality – The Great Socialist Ideal

Monday, December 3rd, 2012 by posted in Socialism.
tax the rich teaser

Reprinted from International Man Defining Equality The free-market system is, in one sense, equal. Anyone with ideas, abilities or ambition has the opportunity to improve upon his lot in life. Therefore, at any given time, there are people in a

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Chronicling The Decline And Fall Of Entitlement Democracy

Wednesday, November 21st, 2012 by posted in Capitalism, Economics, Education, Regulation, Socialism.
pigs_feeding teaser

Reprinted from Forbes It’s been a week of sober reflection, accompanied by a self-imposed news fast, during which I’ve struggled to understand the deeper meaning of our recent electoral catastrophe. Doing so undistracted by a thousand voices required strict electronic

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Why President Obama was Reelected

Sunday, November 11th, 2012 by posted in Capitalism, Politics, Socialism.
ObamaPhonelady

It’s a safe assumption to make that the reelection of Barack Hussein Obama to the office of the United States Presidency will be talked about for decades to come. In history textbooks, 2012 will be referred as a momentous election

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Bureaucratization and the State

Friday, November 9th, 2012 by posted in Politics, Regulation, Socialism.
bureaucracy teaser

[This article is excerpted from Liberalism, Chapter 2] 8. Bureaucratization There is yet another sense in which it is commonly said that the necessary conditions for the realization of the liberal ideal of society no longer obtain today. In the

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But Who Will Build The Roads?

Sunday, November 4th, 2012 by posted in Capitalism, Socialism.
road

One of my favourite movies is Mike Judge’s Office Space. For those who haven’t seen it, I won’t spoil anything. The only reason I bring it up is because there’s a scene where a character named Tom Smykowski is, essentially,

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Hobsbawm’s Choice

Wednesday, October 31st, 2012 by posted in History, Socialism.
Eric-Hobsbawm teaser

Reprinted from Taki’s Magazine They played “The Internationale” at Wednesday’s funeral of Eric Hobsbawm, Britain’s “greatest historian.” No one took offense. Indeed, all felt uplifted. The mourners at the crematorium in Golders Green, London’s Jewish heartland, included Labour Party leader

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The Modern Greek Ruins…

Friday, October 26th, 2012 by posted in Capitalism, Economics, Politics, Socialism.
the-diving-well-at-the-aquatics-center-drained-of-water

I guess this is what the German taxpayers are being asked to pay for… only 8 years later, and the Greek Olympic facilities are decaying. For information, check out Huffington Post   Redmond is the director of the Ludwig von Mises Institute of

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Austrian AV Club – Bob Murphy on the Nobel Prize and the US Dollar

Wednesday, October 24th, 2012 by posted in Capitalism, Economics, Education, Politics, Socialism.

Redmond is the director of the Ludwig von Mises Institute of Canada.

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Presidential Debates and Global Warming

MoS2 Template Master

One thing that those of us who keep tabs on the environmental debate and it’s effect on individual liberty have noted in the latest series of Presidential debates is the complete lack of mention of the Global Warming and Climate

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