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Denmark joins Switzerland in mad rush to destroy its currency

Wednesday, December 10th, 2014 by posted in Economics, Trade.

Denmark promises to match the ECB’s money printing craze First the normally sane Swiss promise to match the European Central Bank’s money printing mania. Now the Danes’ have succumbed to the same insane fever. These central bankers harbor the fallacious

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Planning begins for a euro-free Europe

Wednesday, November 19th, 2014 by posted in Economics, Trade.

From today’s Open Europe news summary: In an interview with RTL, Dutch Finance Minister Jeroen Dijsselbloem admitted that the Dutch government looked at what would happen if plans to save the euro “didn’t succeed”. His predecessor Jan Kees de Jager added separately

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Will Foreign Loans Make Us Rich?

Thursday, November 13th, 2014 by posted in Capitalism, Economics, Trade.
ContainerShip_teaser

[Reprinted from Will Dollars Save the World? (1947)] One of a number of posters created by the Economic Cooperation Administration, an agency of the US government, to sell the Marshall Plan in Europe. Note the pivotal position of the American flag.

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“Outsourcing” Makes Us Richer

Monday, November 10th, 2014 by posted in Capitalism, Economics, Trade.
outsource_teaser

Reprinted from The Freeman This short video, put out by the Million Jobs Project, currently has more than 3.7 million views. It claims that US producers have been outsourcing jobs abroad in order to fatten their profits. It urges viewers

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Trade does not need to be managed

Monday, August 4th, 2014 by posted in Economics, Trade.

From today’s Open Europe news summary: Writing in the Telegraph, London Mayor Boris Johnson argues that “It is clear that 25 years ago we made a miscalculation about one of the consequences of EU enlargement. We were right to want to

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How Regulated is Canadian Agriculture?

Tuesday, May 6th, 2014 by posted in Economics, Foreign Policy, History, Law, Regulation, Trade.
Canada

The 2014 Farm Bill has been passed. While some are complaining that the newest iteration of the Bill did not retain enough of the provisions from the previous, 2008 version, some are claiming that even passing it was quite an

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Are Foreign Workers Stealing Canadian Jobs?

Saturday, April 26th, 2014 by posted in Economics, Politics, Regulation, Trade.

As nations compete to win the global talent race, the benefits of high skilled immigration seem clear to policy makers and leaders in Canada. However, when it comes to low skilled immigration, much controversy remains. The furor over waitresses in

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A Question for Ford Motor Company

Saturday, January 18th, 2014 by posted in Capitalism, Economics, Regulation, Trade.

Re: Ford threatens to leave Britain if Britain leaves the EU Would Steve Odell change his mind if, at the same time that Britain left the EU, it adopted unilateral free trade?  I don’t see why he would not (change

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Two Economic Lessons

Tuesday, January 14th, 2014 by posted in Economics, Trade.

From today’s Open Europe news summary: In a new report released today Business for Britain calls for UK firms which do not export to the EU to be exempt from EU regulation as part of a renegotiation over the UK’s

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Gold for Cash!

Tuesday, January 7th, 2014 by posted in Politics, Trade.
web-mint-gold30nw1

Need to balance the books? Why not sell your gold? This is the route the federal government is taking. The Conservatives plan to sell and/or melt over 200,000 gold coins. A majority of these coins date from 1912 to 1914.

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Why doesn’t the EU just eliminate its import duties?

Friday, December 6th, 2013 by posted in Economics, Trade.

Re: EU seeks “time for reflection” after Vilnius summit failure I found this statement by EU Commission President Manuel Barroso to be particularly insightful: “This Agreement would save Ukrainian business some €500 million a year just in  import duties,” Barroso

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Whine and Cheese

Tuesday, October 22nd, 2013 by posted in Economics, Foreign Policy, Lifestyle, Politics, Regulation, Socialism, Trade.

First it was Canadian dairy producers who were upset with the proposed Canada-EU trade deal. Now it turns out Ontario’s wine producers are also riled up. The proposed deal will make it cheaper for many goods to trade across the

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Online Black Market “Silk Road” Shut Down; FBI Connects Owner to the Mises Institute

Wednesday, October 2nd, 2013 by posted in Civil Liberties, Lifestyle, Trade, War on Drugs.
618px-Silkroadmain[1]

The online black market Silk Road, that served as a haven for those interested in purchasing illicit materials (along with perfectly legal goods like books and clothes), has been seized and shut down by the FBI, along with the arrest

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A Jacobian Theory on the Origin of the Market & the State

Saturday, September 28th, 2013 by posted in Economics, History, Philosophy, Trade.
tomahawkobsidian

Jane Jacobs was an American-Canadian journalist, author, and activist best known for her work on urban studies. Her best known work, The Death & Life of Great American Cities, should be of interest of libertarians everywhere. Her concepts such as,

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Ontario, BC & Ottawa Come Together On Financial Market Regulations

Friday, September 20th, 2013 by posted in Capitalism, Politics, Regulation, Trade.
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In 2011 the Supreme Court of Canada ruled that the Harper Government can’t force a national securities regulator on the provinces. So in 2013, Finance Minister Flaherty has presented an agreement that, “represents the best of what can be achieved

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Canmore’s Rabbit Problem

Wednesday, May 8th, 2013 by posted in Civil Liberties, Politics, Regulation, Socialism, Trade.
rabbits

Rabbits plague the town of Canmore. They’ve been around for years, the result of a municipal failure. Someone once had a lot of rabbits on his property; this went against the town’s by-laws. After an unsuccessful legal battle, the rabbit

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Cuba: The Revolution Continues

Cuba: The Revolution Continues

Recently, the media has been abuzz with the story of Jay-Z and Beyonce’s visit to Cuba.  Like Dennis Rodman’s visit to North Korea, it is beginning to appear as though the Obama administration’s new tools of foreign policy are coming

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The Beauty of the Market

Tuesday, March 12th, 2013 by posted in Capitalism, Economics, Politics, Trade.
Guy across the road

Last spring, I went to put a set of summer tires on my vintage BMW alloy wheels, but this routine operation did not turn out as planned. The e-mail below gives a fairly complete account of the event. I sent

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Jim Flaherty on Canadian Tariffs

Thursday, February 7th, 2013 by posted in Economics, Politics, Trade.
Canadian Border

On Wednesday, Finance Minister Jim Flaherty, responding to a Senate Finance Committee report urging a “review of Canadian tariffs” to address the ongoing Canada-U.S. price gap, remarked: We’ve been looking at our tariff situation carefully, particularly with respect to consumer

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The World of Tomorrow Demands Private Property of the Means of Production

Thursday, January 10th, 2013 by posted in Capitalism, Regulation, Socialism, Trade.
wolrd of tomrrow

For all their love of technology and science, people (mostly those comprising the middle class) have morbid fears that someday technology will make them obsolete and thus, jobless. It is one of those economic paradoxes which prevail in mainstream economics,

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