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Responsibility and Initiative in Communal Concerns

Friday, February 17th, 2012 by posted in Economics, Politics, Socialism.
Mitt

[The following chapter is an excerpt from Ludwig von Mises’ Economic Calculation in the Socialist Commonwealth. Buy it here.] The problem of responsibility and initiative in socialist enterprises is closely connected with that of economic calculation. It is now universally

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Federal Government Growth Before the New Deal

Friday, February 10th, 2012 by posted in History, Regulation, Socialism.
Abe

[Originally published in The Freeman, September 1997, Volume 47, Issue 9] Lincoln and Wilson Set Precedents for Government Spending Popular opinion holds that most of the credit (or blame) for the incredible growth of the federal government should go to

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Making Government Work Like the Private Sector: Can We Square the Circle?

Thursday, February 9th, 2012 by posted in Economics, Socialism.
B

[Published in Le Quebecois Libre, September 15th, 2011, No 252] After writing last month about the ills of government, I received some welcome feedback from a reader. Although open to the argument that the state is more failure-prone than the

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Socialism in Sports vs The Economy

Monday, February 6th, 2012 by posted in Capitalism, Economics, Politics, Socialism.

The following video was shared with me, either in the hopes of convincing me Socialism is good or as a joke, by someone who believes in socialist ideas. Although it may have been shared only in jest, it is very

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There’s No Such Things as a Stable State

Monday, February 6th, 2012 by posted in History, Politics, Socialism.
Police

Twenty years ago, and much to the shock of just about everyone, the mighty Soviet Union, the very embodiment of Hegel’s view of the state as the divine on Earth, dissolved and disappeared. The malicious foe of the U.S., the

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The Triumph of Hope Over Experience: Why Government Failure Should Be No Surprise

Monday, January 30th, 2012 by posted in Capitalism, Economics, Politics, Regulation, Socialism.
Government Failure

[Originally published in Le Quebecois Libre, August 15th, 2011, No 291] On the morning of Sunday, July 31, Montrealers awoke to a depressingly familiar scene: the city’s infrastructure crashing to the ground. This time, it was a 15-meter concrete slab

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Peter Schiff Interviews David Frum

Tuesday, January 24th, 2012 by posted in Capitalism, Civil Liberties, Socialism.

Peter Schiff interviews Canadian(ugh) Trotskyite David “axis of evil” Frum – apparently Frum would like to bury paper in his backyard… Enjoy   Redmond is the director of the Ludwig von Mises Institute of Canada.

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Capitalism or Money in Crisis?

Monday, January 23rd, 2012 by posted in Capitalism, Politics, Socialism.
The Real Crisis

When the Financial Times started its series on “Capitalism in Crisis,” I winced. Here we go yet again, an attempt to blame private enterprise for what are actually the failures of the state and paper money. And some writers — but

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Socialists, Come Back!

Saturday, January 21st, 2012 by posted in Socialism.
Back!

I was speaking with some people from Carleton Students for Liberty on Thursday. During the discussion, someone mentioned that there are people in his class that support public education. He called them “socialists”. Now when I asked him about this

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Abolishing Socialism with Solzhenitsyn

Wednesday, January 18th, 2012 by posted in Capitalism, History, Socialism.
solzhenitsyn

[Originally published in The Free Market, Volume 12, Number 7, July 1994] Alexandr I. Solzhenitsyn’s return to Russia has engendered more than the usual amount of scaremongering. The author, we are told, is a Pan-Slavic nationalistic and religious fanatic whose

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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.
Medecine

[Originally Published September 16th, 2011, on www.williamgairdner.com] 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

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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.
North

[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 http://www.entrewave.com/freebooks/docs/a_pdfs/gnmr.pdf] 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.
Barter

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

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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

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