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Reminder: Patent Trolls Are Not the Worst Thing About Intellectual Property

Wednesday, August 5th, 2015 by posted in Uncategorized.
johnoliver_hbo

Patent trolls are companies whose entire business model is to file patent suits against legitimate businesses, in order to extort them for money. Patent trolls are bad. However, they are not the worst thing about the current intellectual property regime.

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Economic Fallacies about Greece

Sunday, July 26th, 2015 by posted in Uncategorized.

There has been much unscientific economic pronouncements about Greece’s financial problems and especially how to solve them. Below is a short list of three of these economic fallacies. 1. The euro is too strong a currency for Greece. This statement

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Rothbard University is on Now! Watch the Livestream

Thursday, July 16th, 2015 by posted in Uncategorized.

Mises Canada is hosting its second annual Rothbard University program, a 3-day collection of lectures, courses, and engaged discourse about the Austrian school of economics, led by dynamic thinkers such as David Howden, Glenn Fox, Walter Block, Shawn Ritenour, and Pierre Desrochers. Rothbard

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Rothbard University Opening Reception!

Sunday, June 28th, 2015 by posted in Uncategorized.
rothU

It’s finally here! Join us on Wednesday, July 15 at 7 pm, for the Rothbard U opening reception at the beautiful Sassafraz restaurant at 100 Cumberland Street in Toronto! This opening reception is FREE TO ATTEND and open to EVERYONE!

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UberPop: une “Pétition des fabricants de chandelles” version 2015

Thursday, June 25th, 2015 by posted in Economics, Politique, Regulation, Socialism, Uncategorized.

Avec tout le saccage que les conducteurs de Taxi furieux contre Uber Pop ont causé aujourd’hui à Paris. Rien ne vaut la célèbre satire du protectionnisme de Frédéric Bastiat pour nous remémoré l’absurdité de cette politique. Alors sans plus tarder,

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Krugman on 2013: Heads He’s a Scientist, Tails You’re a Jerk

Thursday, June 25th, 2015 by posted in Economics, Uncategorized.
krugman vs austerians

Oh boy. Paul Krugman keeps digging himself into a deeper hole with his botched 2013 austerity predictions. In this post, as a service to future archeologists, I want to (a) document Krugman’s shamelessness but (b) also explain that his excuses

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Velocity Lacks Veracity

Monday, June 22nd, 2015 by posted in Uncategorized.
printing-press-uf4uwk teaser

Typically defined as “the number of times one dollar is spent to buy goods and services per unit of time,” historically low monetary velocity is blamed for stymieing the Federal Reserve’s ability to achieve a targeted rate of price inflation.

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June Mises Meet!

Monday, June 1st, 2015 by posted in Uncategorized.
GTY 454957282 A POL USA DC

June is here, spring is in full swing, the NSA isn’t allowed to spy anymore… what could be better? I’ve got an idea: How about getting together with your fellow liberty lovers for drinks, food, and discussion? Come on out

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Should We Dump the Euro?

Monday, May 25th, 2015 by posted in Banking, Capitalism, Uncategorized.
ecb_teaser

The Greek drama continues to unfold with the risk of a “Grexit” becoming increasingly likely. Yet, a large majority of the Greek people want to keep the euro. This would force the Greek government to live within its means, which

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We’re All Welfare Queens Now

Thursday, April 30th, 2015 by posted in Uncategorized.
high-tech-food-stamps_teaser

Reprinted from The Daily Bell In 2013, Fox News proudly broadcast an interview with a young food stamp recipient who claimed to be using the government benefit to purchase lobster and sushi. “This is the way I want to live

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Modern-Day Social Engineers and Inequality

Wednesday, April 29th, 2015 by posted in Uncategorized.
money printing teaser

Reprinted from Acting-Man Is Inequality a Bad Thing? We couldn’t believe what we were seeing when coming across the following headline at Reuters recently: “Fed’s Yellen says research needed to understand inequality issue”. Seriously? Maybe we can help the good

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The Motte and Bailey Doctrine in Mainstream Economics

Friday, March 27th, 2015 by posted in Economics, Epistemology, Uncategorized.
motte-and-bailey

A “motte and bailey doctrine” is a style of argument (and informal fallacy) that’s based on a motte-and-bailey castle. The bailey is a big courtyard and where people live and work and generally want to be. The motte is a mound

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BIS Slams The Fed: The Solution To Bubbles Is Not More Bubbles, It Is Avoiding Bubbles In The First Place

Tuesday, March 24th, 2015 by posted in Uncategorized.

Reprinted from Zero Hedge On one hand there are hard-core Keynesians who will wave the flag of inflation as the only cure to a world drowning in debt, even after the mushroom cloud results of their policies going off around

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Retirement at the End of a Rope

Sunday, March 1st, 2015 by posted in Uncategorized.

“They were people with great dignity,” Ivo Costamagna said of his neighbors who committed suicide in 2013. Romeo Dionisi, 62, and Anna Maria Sopranzi, 68, hanged themselves after Ms. Sopranzi’s pension evaporated. “People like Romeo would not accept charity or

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Limited Government Is Not Possible in the Interventionist State

Friday, February 13th, 2015 by posted in Uncategorized.

Would we have political liberty we must first have economic freedom, for the form of government is determined by the form of economic organization. At first blush the opposite would seem to be self-evident; i.e., that our form of government

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The Tax Gatherer

Friday, February 13th, 2015 by posted in Uncategorized.
Novgorod_torg_t

Originally published in the second series of Economic Sophisms (1848). Reprinted from Mises.org JACQUES BONHOMME, a vintner. Mr. LASOUCHE, tax gatherer. L.: You have secured 20 tuns of wine? J.: Yes, by dint of my own skill and labor. L.:

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Solving the Great Piketty Minimum Wage History Mystery

Sunday, February 1st, 2015 by posted in Economics, Uncategorized.
thomas-piketty

Long-time Mises Canada readers know that I have devoted several posts to a critique of Thomas Piketty’s 2014 bestseller, Capital in the Twenty-First Century. For example, here I talk about the poverty of Piketty’s capital & interest theory, and here

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In Denmark You Are Now Paid To Take Out A Mortgage

Friday, January 30th, 2015 by posted in Uncategorized.

As per my thougths on “the logical end of Keynesianism is just handing people money”, this article is republished from zerohedge With NIRP raging in the Eurozone and over €1.5 trillion in European government bonds trading with negative yields, many

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Loose Fed, Scared Bank Directors

Wednesday, January 28th, 2015 by posted in Uncategorized.

The Fed’s balance sheet now foots to nearly $4.5 trillion, a great leap from early July 2008, when its total assets were less than $900 billion.  Interest rates have been held just above zero since then as well, all in

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A Graphical Introduction to the Austrian Business Cycle Theory

Tuesday, January 27th, 2015 by posted in Banking, Capitalism, Economics, Regulation, Uncategorized.
Bear_Stearns_in_CanaryWharf_London

A Graphical Introduction to the Austrian Business Cycle Theory By: Gaurav Mehra Twitter: @GMehra_ Email: gmehra@alumni.uwo.ca   For a pdf version of this article: Intro to ABCT – Final   Business cycles, simply put, are the fluctuations of economic growth

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