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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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The Bank of Canada – FAIL!

Wednesday, November 2nd, 2011 by posted in Capitalism, Economics, Regulation, Socialism.

The Bank of Canada missed its inflation target? That should come as no surprise to Austrians that view the Bank as one of the greatest threats to Canada’s economy. Forget “using” the Bank to print money without debt, the Bank

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Frum Drinks the Kool-Aid

Frum Mug

A recent statement by David Frum has been making the rounds on the internet recently that should give everyone pause: Imagine, if you will, someone who read only the Wall Street Journal editorial page between 2000 and 2011, and someone in

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The Grasping Hand

Thursday, October 20th, 2011 by posted in Capitalism, Economics, Socialism.
Debt: Slavery for the Free?

Originally posted on the City Journal The modern democratic state pillages its productive citizens. To assess the unprecedented scale that the modern democratic state has attained in Europe, it is useful to recall the historical kinship between two movements that


Myth Vs. Reality with Stephen Johnston

Sunday, October 16th, 2011 by posted in Capitalism, Economics, Education, Foreign Policy, Socialism, Trade.

Stephen Johnston of Agcapita speaks on the Global Economic outlook at the Mises Canada Circle: Liberty and Oil, Foundations of Modern Civilization. The talk is entitled “Myth Vs. Reality: Exponential Government in a Linear World” Recorded Saturday September 10th, 2011


Food Riots and the Printing Press

Wednesday, October 5th, 2011 by posted in Capitalism, Economics, Regulation, Socialism, Trade.
Pakistan Food Riots

It started in Algeria; they could no longer get sugar. Then Tunisia; a young university graduate selling fruits and vegetables got fed up and set himself on fire in front of a government building. Egypt was next. We saw the

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