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The Soviet Medical Nightmare

Monday, January 2nd, 2012 by posted in Health Care, Regulation, Socialism.
Hospital Beds

[Originally published in the Free Market, Volume 8, Number 8, August 1990] The Soviet Union was the first country to introduce a fully nationalized health­ care system. To the cheers of Western “progressives,” Lenin signed a decree in 1919 stating that

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Sound familiar?

Friday, December 30th, 2011 by posted in Civil Liberties, History, Politics, Socialism.

From John T. Flynn The test of fascism is not one’s rage against the Italian and German war lords. The test is how many of the essential principles of fascism do you accept and to what extent are you prepared

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The Myth of Single-Tier Medicine in Canada

Thursday, December 29th, 2011 by posted in Capitalism, Economics, Health Care, Regulation, Socialism.

[Originally Published September 16th, 2011, on] Politicians know there is a vast pool of latent citizen-envy lurking in the bosom of every nation, and that it is easily aroused with bogus equality–talk. Just so, an unreflective Canadian public has swallowed


US Bank closings from 2008 – 2012

Wednesday, December 28th, 2011 by posted in Banking, Capitalism, Economics, History, Politics, Regulation, Socialism.

As we enter 2012, a presidential election year in the USA, I thought it might be pertinent to note the number of banks that have closed in the USA since 2008. It is a total of 414 banks listed below.

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Excerpts of Gary North’s Marx’s Religion of Revolution

Thursday, December 22nd, 2011 by posted in Capitalism, Economics, History, Philosophy, Socialism.

[Excerpts selected by Ross Harrison. Read his review of North’s book, Marx’s Religion of Revolution, here.] The cosmology of chaos Both for the production on a mass scale of this communist consciousness, and for the success of the cause itself

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What is Laissez-Faire?

Monday, December 19th, 2011 by posted in Capitalism, Civil Liberties, Economics, History, Politics, Regulation, Socialism.
The Market

[Originally posted at The Daily Reckoning, Sunday, December 18th, 2011] The latest data show that book sales are way up this season. So much for the prediction that books will be killed by technology. On the contrary, technology has enabled

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A Review of Gary North’s Marx’s Religion of Revolution

Tuesday, December 13th, 2011 by posted in Capitalism, History, Philosophy, Socialism.
Religion Marx

[For readers who want to go beyond a mere review, a full copy of Marx’s Religion of Revolution is available at] From its very inception, in the highly scientistic[i] nineteenth century, Marxist Communism has presented itself as perhaps the

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The Many Monopolies

Monday, December 12th, 2011 by posted in Capitalism, Economics, History, Law, Politics, Regulation, Socialism, Trade.
Monopoly, Government Style!

We libertarians defend economic freedom, not big business. We advocate free markets, not the corporate economy. And what would freed markets look like? Nothing like the controlled markets we have today. But how often do we hear mass unemployment, financial crisis,

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Greece’s Emerging Barter Economy

Friday, December 9th, 2011 by posted in Capitalism, Economics, Law, Lifestyle, Regulation, Socialism, Trade.

In the realm of financial calamities, never doubt the extent of man’s adaptability to changing circumstances. In a recent Forbes column, the great free market advocate Bill Frezza makes mention of a new trend popping up in the economic sideshow


The Great Correction

Thursday, December 8th, 2011 by posted in Economics, Politics, Regulation, Socialism.
Now with Sugar Coated Derivatives!

Wasn’t this the fastest recovery ever? Maybe it’s because there wasn’t any in the first place. Only those fooled by stimulus and massaged government data drank the koolaid. Welcome to the Great Correction and the inflation/deflation debate. The Great Correction


Leaping Toward the Keynesian Dream

Wednesday, December 7th, 2011 by posted in Capitalism, Economics, Politics, Regulation, Socialism.
Keynes Drinking Alone

The Fed’s latest inflationary scheme sounds like a technocratic innovation. It lowered the costs of currency swaps between central banks of the world, with the idea that the Fed would do for the globe what Europe, England and China are

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Left and Right: The Prospects for Liberty

Tuesday, December 6th, 2011 by posted in Capitalism, Economics, Education, History, Politics, Socialism.

[Originally appeared in Left and Right, Spring 1965, pp. 4-22.] The Conservative has long been marked, whether he knows it or not, by long-run pessimism: by the belief that the long-run trend, and therefore Time itself, is against him, and hence

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Banking Jargon 101

Thursday, December 1st, 2011 by posted in Capitalism, Economics, Politics, Socialism.
Currency Swap

In case you’ve been living under a rock recently, you would have noticed that another major announcement from the world’s monetary authorities was released a couple days ago.[ref][/ref]  Markets everywhere rallied as investors gleefully piled in to just about every

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You Say Toll Roads, I Say Privatize

Thursday, November 24th, 2011 by posted in Capitalism, Socialism.

Tasha Kheiriddin is out with a new piece in the National Post which endorses the switch from public highways to toll roads in Canada.  She cites a recent poll to rationalize this call: Ask not for whom the road tolls:


The Green Superstate – what the global warmers really want

Thursday, November 24th, 2011 by posted in Capitalism, Civil Liberties, Economics, Environment, History, Socialism.

Who poses the greater threat to freedom?   Colonel Gaddafi?  The Taliban?  Or let’s look closer to home, at a sinister group with far, far greater influence on the future of Western civilization. The Green zealots, with their bicycles and wispy


Explain to CBC Listeners that They Promote Violence

Sunday, November 20th, 2011 by posted in Capitalism, Education, Philosophy, Socialism.

What I have to say here won’t be any great insight to the grizzled veterans of Austro-libertarianism, but I’m hopeful that others may stumble their way upon this website. Indeed, someone doing a Google search on CBC might even stumble

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The Wheat Board: Farewell to a Wartime Relic

Friday, November 18th, 2011 by posted in Capitalism, Economics, Law, Politics, Regulation, Socialism, Trade.

[Originally Published on Le Québécois Libre, November 15, 2011, No 294.] “War Is the Health of the State.” The title of American radical Randolph Bourne’s manuscript referred to the expansion of government power during World War I, but it applies


The Progressive Era and the Family

Wilson Says

While the “Progressive Era” used to be narrowly designated as the period 1900–1914, historians now realize that the period is really much broader, stretching from the latter decades of the nineteenth century into the early 1920s. The broader period marks an

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Equality of Opportunity, Not of Outcome


Quebec Senator Céline Hervieux-Payette wants to force corporations, parent Crown corporations and some financial institutions to have their boards of directors include at least 40 per cent women. She is reintroducing a private member’s bill into the Senate to remedy what


Eurocrash! Dave Howden on the European economic situation

Friday, November 4th, 2011 by posted in Capitalism, Economics, Politics, Regulation, Socialism.

Stefan Molyneax of Freedomain Radio interviews Canadian Mises Scholar and assistant professor of economics at St. Louis University, Dave Howden. [youtube_sc url=] You can read more of David’s work at And of course his book, co-authored with Philipp

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