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The Definition of Insanity

Thursday, September 15th, 2011 by posted in Capitalism, Economics, Politics, Regulation, Socialism.
Money Black Hole

Just a few hours ago, the European Central Bank announced “in coordination with the Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank, to conduct three US dollar liquidity-providing operations with a maturity of


Mises Cirlce Calgary – Sept. 10th

Bob Murphy and Disappearing Beer Trick

Hello all The First Mises Canada Circle, Liberty and Oil: Foundations of Modern Civilization,  was a great successs. Five speakers in front of a packed house at the Blackfoot Inn discussed the future of energy and liberty in Canada. Mises

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How to Reach the Left

Tuesday, September 6th, 2011 by posted in Capitalism, Economics, Politics, Regulation, Socialism.
$2.5 million est. Price at Auction

Originally posted Thursday, April 28th, 2011 on [Chicago Mises Circle, April 9, 2011. You can listen to this speech here.] “There are many, many left-wingers whose primary motivation for their left-wing political stance is the very libertarian impulse to

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Microcredit Meltdown

Friday, September 2nd, 2011 by posted in Capitalism, Economics, History, Socialism.

Originally posted Friday, November 19, 1999 on Microcredit is one of those fashionable political ideas that soars above the ideological fray, uniting everyone in a celebration of its glorious contribution to the public good. The idea is that special


Automated Totalitarianism: A Critical Analysis of The Protomen

Wednesday, August 31st, 2011 by posted in Civil Liberties, Politics, Politique, Socialism, Uncategorized.

“No one was left who could remember how it had happened, how the world had fallen under darkness. At least no one who would do anything. No one who would oppose the robots. No one who would challenge their power,

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The PR Aspects of Corporate Socialism

Monday, August 29th, 2011 by posted in Capitalism, Socialism.

For the past two decades or so, the idea of corporate social responsibility (CSR) has gained widespread respectability. It’s attained such currency that most large firms nowadays feel compelled to pay at least some deference to it in their public


The Solution to the Present Crisis is not Fiscal

Wednesday, August 10th, 2011 by posted in Economics, Politics, Socialism.

Mainstream left- and right-wingers propose different ways governments should get out of their current debt crises.   Here in Canada, conservatives of the SUN TV variety argue that the debts of the American and Canadian governments be tackled by slashing

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The Austrians Were Right, Yet Again

Friday, August 5th, 2011 by posted in Economics, History, Socialism.
Detroit, a look into our fture?

Republished from – just in case you missed it. After three-plus years of floundering around, a consensus has finally arrived that we are back in recession. Growth is not happening. The meager statistical growth of the past few years

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A Pro-Free-Market Program for Economic Recovery

Thursday, August 4th, 2011 by posted in Capitalism, Economics, History, Politics, Socialism.
Man Carving his own Destiny, by Albin Polasek.

[This talk was given at Economic Downturn: Cause and Cure (Mises Circle, Sponsored by Louis E. Carabini) Newport Beach, California, November 14, 2009.] Originally Published on Good afternoon, ladies and gentlemen: As you all know, we are in a

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Pension Poppycock

Monday, August 1st, 2011 by posted in Civil Liberties, Economics, Education, Politics, Socialism.
Mind Blown

A staple in the diet of modern socialists is a deep love for public pensions. Without them, they say, the streets would be filled with poor, starving elderly people aimlessly wandering around looking for spare change. Even beyond that, there

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Libertarianism’s Greatest Hits Album

Saturday, July 9th, 2011 by posted in Capitalism, Economics, Education, History, Philosophy, Socialism.

I would like to bring out of the closet of yesteryear a classic compilation of classical liberalism and libertarianism’s best writings, The Libertarian Reader: Classic & Contemporary Writings From Lao-Ttzu to Milton Friedman. The compilation is edited by David Boaz

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Sham Privatization in Greece

Sunday, July 3rd, 2011 by posted in Capitalism, Economics, Regulation, Socialism.

As part of the “austerity” measures just passed by the Greek Parliament, the state will be raising taxes about $40 billion over the next five years. The Greek state had to pass these measures to qualify for a $16 billion


CUPW and the Curse of Machinery

Thursday, June 30th, 2011 by posted in Capitalism, Economics, Education, History, Politics, Socialism, Trade.
Economics in One Lesson

“King Ludd”, Leader of the Luddites. All he needs is a mailbag!   The Canadian Union of Postal Workers recently proposed that “[i]nstead of replacing antiquated community mailboxes, the Corporation should provide door-to-door delivery”, in order to, among other things,


Is the Name “Capitalism” Worth Keeping?

Tuesday, June 28th, 2011 by posted in Capitalism, History, Philosophy, Socialism.
Enjoy Capitalism

Originally published in two parts in The Freeman Online, December 31, 2009 and January 7, 2010. It has been edited for continuity. One of the more interesting developments in the wake of the Great Recession is the use and abuse of


Unbundle Healthcare

Saturday, June 25th, 2011 by posted in Economics, Health Care, Regulation, Socialism.

The argument goes like this: State provided goods are cheaper because unlike the private sector the government doesn’t have to worry about making a profit. The state can just charge its customers (tax payers) the cost of production, transport, and

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Some Advantages of Austrian Economics in the Defence of Markets

Thursday, June 23rd, 2011 by posted in Capitalism, Economics, Education, History, Methodology, Regulation, Socialism.

What are the potential benefits in being familiar with Austrian economics? This is the question that I hope to at least partially answer here. I study economics at the Department of Food, Agricultural and Resource Economics at the University of

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Competition in Mail Delivery: An Idea Whose Time Has Come

Thursday, June 16th, 2011 by posted in Capitalism, Economics, History, Socialism.

Originally Published in the Mid-Atlantic Journal of Business Studies, Fall, 1989. Now that the latest round in the perennial strike of the Canadian Union of Postal Workers (CUPW) against the public is ended, this gives us an opportunity to reflect

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Bring On the Lockout

Wednesday, June 15th, 2011 by posted in Capitalism, Economics, Socialism.
Canada post can't break the lock of email on the future.

Today the CBC reports that Canada Post has temporarily closed shop and locked out its unionized, striking workers. “Mail delivery across the country has halted.” The mind boggles as it tries to understand the position of the CUPW workers. As


Poor Relief in Ancient Rome

Thursday, May 5th, 2011 by posted in Economics, History, Socialism.

Instances of government relief to the poor can be found from the earliest times. Though the records are vague in important particu­lars, we do know a good deal about what happened in ancient Rome. A study of that case may

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Marx’s View of the Division of Laborx

Monday, May 2nd, 2011 by posted in Capitalism, Economics, History, Socialism.
soviet propagandaposter_labour

The division of labor is a sub­ject which has fascinated social scientists for millennia. Before the advent of modern times, phi­losophers and theologians con­cerned themselves with the im­plications of the idea. Plato saw as the ultimate form of society a