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Introduction to Economics

Friday, May 25th, 2012 by posted in Capitalism, Economics, Regulation, Socialism.

If you are new to the subject, this article will be for you. You will find no complicated formulas or theories here, just a few basic concepts. There will be some in depth explanations and examples through the embedded links for those

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A Glimpse of What Privatized Roads Could Look Like

Thursday, May 17th, 2012 by posted in Regulation, Socialism.
country roads

Is it possible to privatize roads? This question often weighs heavily on those who see the competitive market as the best means of achieving a wide distribution of resources at the lowest cost to the consumer.  Like money, roads have

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The Ultimate Disorganizing Organization

Monday, May 14th, 2012 by posted in Banking, Economics, Regulation, Socialism.
money printing teaser

[Testimony before US House Committee on Financial Services Domestic Monetary Policy and Technology Subcommittee, May 8, 2012]- Reprinted from Mises.org I specialize in the economic theory of organizations — their nature, emergence, boundaries, internal structure, and governance — a field

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George Will, John M. Keynes, and Totalitarian Eugenics

Saturday, May 5th, 2012 by posted in Lifestyle, Socialism.
0 R

In a touching but revealing column, conservative pundit and highly syndicated columnist George Will speaks to his son celebrating his 40th birthday while still handicapped by Down syndrome.  Jon, as George describes him, was born at a time when leaving

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Why Breaking a Store Window Isn’t Anarchism

Thursday, May 3rd, 2012 by posted in Philosophy, Politics, Socialism.
anarchy loot

How we use words has a tremendous impact on the ideas that reach prominence and influence how societies evolve.  Just think of the loaded term “democracy” and the poisonous vitriol spewed at anyone who points out the utter immorality of

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Austrian AV Club – Marc Morano of Climate Depot on the “Global War on Humanity”

Thursday, May 3rd, 2012 by posted in Education, Environment, Politics, Regulation, Socialism.
Austrian AV Club – Marc Morano of Climate Depot on the “Global War on Humanity”

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

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The Real Cost of a College Education

Sunday, April 29th, 2012 by posted in Capitalism, Politics, Regulation, Socialism.
public schooling

Last week, the total amount of debt emanating from student loans in the U.S. reached $1 trillion.  With the Great Recession still present in the daily lives of the middle class, salaried jobs for college graduates are tough to come

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Remembering Corporate Liberalism

Tuesday, April 10th, 2012 by posted in Capitalism, History, Politics, Regulation, Socialism.
Obama new new deal

Originally appeared at Austro-Athenian Empire The main plotline of the Star Wars prequel trilogy concerns an apparent conflict between the central government (the Senate) on the one hand and a coalition of mercantile interests (the Trade Federation, the Commerce Guild,

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Was the Air Canada Clamp Down Justified?

Monday, April 9th, 2012 by posted in Capitalism, Regulation, Socialism.

Last month, the Canadian Parliament passed “back-to-work” legislation in an effort to stop any work stoppages at the country’s largest airline Air Canada.  This act was in response to an earlier threat by the airline to lock out pilots whose

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The Vampire Economy and the Market

Friday, April 6th, 2012 by posted in Capitalism, Economics, Politics, Socialism.
Nosferatu

[This article was originally published in New Perspectives in Political Economy, the academic journal of CEVRO Institute (School of Legal and Social Studies), vol. 7(1), pp. 141–154. Reposted on mises.org, Wednesday, March 21st, 2012.] 1. Authoritarian Capitalism (Fascism) and Liberal

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Human Ignorance and Social Engineering

Thursday, April 5th, 2012 by posted in Methodology, Socialism.
Spontaneous Order

Spontaneous order and the inadequacy of human knowledge. Throughout most of intellectual history, society has been considered to be the result of someone’s design. In his multi-volume Law, Legislation, and Liberty, the social theorist F. A. Hayek referred to this position as “constructivist rationalism”

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Penny Polemics and Pontifications

canada penny

No sooner does the Canadian penny gets axed, do the establishment chimps start flinging dung at the critics of this move.  In the latest from the National Post, anyone criticizing the government’s decision to drop the penny is casually labeled

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Omnipotent Government

Monday, April 2nd, 2012 by posted in History, Politics, Socialism.

I am almost halfway through Mises’ inimitable book Omnipotent Government. We may consider it something like “the Mises version of The Road to Serfdom.” Whereas The Road to Serfdom appeals more to society’s understanding of civics and politics, Omnipotent Government

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Why Capitalism is Worth Defending

Thursday, March 29th, 2012 by posted in Capitalism, Socialism.
Enjoy

[Originally posted on Lewrockwell.com] As Obama demonizes the wealthy and pitches a dozen plans to restructure the economy, opponents of this program need a reminder of what exactly we’re fighting for. We are resisting bureaucracy, central planning, and encroachments on

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H.L. Mencken on Governments and Politicians

Thursday, March 22nd, 2012 by posted in Politics, Socialism.
Mencken

[Originally published in Le Quebecois Libre, No 259, September 15th, 2008. This article is reproduced with permission from the author.] The voluminous writings (nineteen books and thousands of essays, articles and reviews) of H. L. Mencken, one of America’s finest

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The Greens – A Warning from History (Volume Two)

Tuesday, March 20th, 2012 by posted in Capitalism, Environment, History, Socialism, Trade.
Protect this Tree

[Originally posted on Martindurkin.com] Back in the 1980s, when girls wore shoulder pads and no-one had heard of global warming, people used to think that environmentalism was driven by an innocent concern for nature (dolphins and what have you).  But

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Quebec’s Brownshirts

Brownshirts

During the rise of nearly every socialist/fascist regime, one of the ingredients has always been the formation of paramilitary, thuggish organizations that carry out the dirty work of the political leaders.  This is necessary to silence dissent and intimidate voters

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How and How Not to Desocialize

Monday, March 12th, 2012 by posted in Capitalism, Regulation, Socialism.
IMF

[This article appeared in The Review of Austrian Economics 6:1 (1992). It is available in PDF. An earlier version was delivered at the annual meeting of the Southwestern Social Science Association, at a panel on "The Downfall of Communism," at

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The Future of the Euro

Monday, March 5th, 2012 by posted in Banking, Economics, Socialism.
Eurobubble

[Originally published on mises.org, Thursday, February 23rd, 2012] The problems of the eurozone are ultimately malinvestments. In Greece these days the struggle continues about who will ultimately foot the bill for these investments. During the early 2000s an expansionary monetary

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The Lorax and Private Property

Friday, February 24th, 2012 by posted in Philosophy, Socialism.
the-lorax

With Dr. Seuss’ classic book The Lorax making its way to U.S. theaters March 2, 2012, now is a good time to address some of the positions the children’s tale takes in regard to environmentalism and industrial production. The Lorax

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