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Staples Celebrates The Recovery With 225 Store Closures, Sales Plunge

Thursday, March 6th, 2014 by posted in Uncategorized.

Reposted from Zerohedge: Nothing says global ‘economic recovery’ like a major retailer drastically missing revenue expectations, slashing earnings projections and announcing it will shutter 225 stores nationwide. Staples, the largest US office supplies retailer, hit the triple whammy and didn’t blame

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Satoshi Nakamoto revealed!

Thursday, March 6th, 2014 by posted in Uncategorized.

Satoshi Nakamoto has been revealed! ‘Satoshi Nakamoto‘, the mysterious founder and creator of the biggest digital cryptocurrency ‘Bitcoin‘ has reportedly been unmasked as a 64-year-old father of six living in Temple City, Southern California.   Satoshi Nakamoto introduced Bitcoin to the world


Slavery Could Not Last in an (Otherwise) Free Market

Saturday, March 1st, 2014 by posted in Economics, Uncategorized.

With all of the hubbub recently over slavery and its (alleged) ties to Austro-libertarianism, I thought it important to point out that the very nature of a market economy is incompatible with the institution of slavery. Note, I am NOT


Central Bankers: Inflation is God’s Work

Friday, February 21st, 2014 by posted in Uncategorized.

Inflation is always somebody else’s fault. Ludwig von Mises called out finger pointing central bankers and politicians decades ago in his book, Economic Policy. “The most important thing to remember is that inflation is not an act of God, that

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Canaries in the Coal Mine: Junk Food and Suicide

Saturday, February 1st, 2014 by posted in Uncategorized.
Canaries in the Coal Mine: Junk Food and Suicide

Veggies have fallen from number three to number nine on the top 10 Super Bowl foods list. Pizza and Buffalo Wings are instead climbing the charts.  And fruit, ranked 6 last year, has fallen out of the top 10. According

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Real US Unemployment is 37.2%

Thursday, January 23rd, 2014 by posted in Uncategorized.

Republished from Marotta Wealth Management Should We Wallow in the Rising Stock Market? by David John Marotta & Megan Russell | 01-19-2014 Keynesian economists have cited the rising U.S. stock market as evidence that the economy is picking up steam.

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Scorsese’s Pump and Dump

Monday, January 6th, 2014 by posted in Uncategorized.

Former prosecutor Joel Cohen tells the Wall Street Journal the movie “The Wolf of Wall Street” should not have been made. Mr. Cohen believes the mere fact Hollywood megastar Leonardo DiCaprio portrayed the penny stock hustler glamorizes a criminal who,

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But the Progressives Told Us Abenomics Would Be Great for Japan

Monday, December 30th, 2013 by posted in Economics, Uncategorized.

When newly elected Japanese Prime Minister Shinzo Abe promised new deficit spending and pedal-to-the-metal monetary inflation, the progressive Keynesians were excited. And indeed, debasing the yen seemed to work for a few months, with analysts saying US policymakers should follow

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Entrepreneurship Saves Lives in “Dallas Buyers Club”

Monday, December 16th, 2013 by posted in Uncategorized.

Hollywood reviles entrepreneurs. At the same time government functionaries are championed on the silver screen, whether they’re cops, federal agents, or politicians. Businesses are depicted as ripping off consumers while government steps in to make things right. This holiday movie

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Human Spirit vs. Prison Nation

Friday, December 13th, 2013 by posted in Uncategorized.

In a piece for Casey Research I explore the idea that America’s incarceration nation may have peaked. Instead of throwing thousands behind bars for marijuana infractions, voters in bankrupt states will likely choose to legalize pot and start taxing the

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Austrian Economics Research Conference – Call for Papers

Thursday, December 12th, 2013 by posted in Uncategorized.

Austrian Economics Research Conference March 20-22, 2014 Mises Institute Auburn, AL USA The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian School, bringing together leading scholars doing research in this vibrant and influential intellectual tradition. The

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“Human Action Versus Behaviourialism” Amanda Achtman

Thursday, December 5th, 2013 by posted in Uncategorized.
“Human Action Versus Behaviourialism” Amanda Achtman

Amanda Achtman, University of Calgary: “Human Action versus Behaviourialism: Can Praxeology and Experimental Economics be Reconciled? Presented at the 2013 Toronto Austrian Scholars Conference session on Behavioral Economics in conjunction with the debut of Mises Canada’s Journal of Prices &

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A Rejoinder to LaSorsa: The Historical Intentions of Copyright

Wednesday, November 27th, 2013 by posted in History, Intellectual Property, Law, Uncategorized.

Recently, Brian LaSorsa wrote an article for the Mises Daily titled, “Lawyers, Film, and Money: Copyrighting the First Movies.” It opens up with the statement, “Copyright originated hundreds of years ago as a legal and economic tool meant to protect

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How to end the “feedback loop” between sovereigns and banks

Tuesday, November 26th, 2013 by posted in Uncategorized.

Re: Today’s Open Europe news summary: On Monday 2 December, Open Europe will host an event entitled, “Greece after the ‘double crisis’ – Can the feedback loop between sovereigns and banks be broken and can the economy return to sustainable

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The Scholars Conference in Review

Sunday, November 10th, 2013 by posted in Toronto Austrian Scholars Conference, Uncategorized.

One week ago marked the close of the 2nd annual Toronto Austrian Scholar’s Conference. The momentum we built up last year kept going, and we had over 120 registered participants including 43 students. The event took place at the University

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More French Fury

Two years ago, the French government lost its precious AAA bond rating from Standard and Poor’s. Last week the agency cut the beleaguered nation’s credit rating again, this time from AA+ to AA. As recently as August, French President Francois


Externalities, good and bad

Saturday, November 9th, 2013 by posted in Economics, Environment, Law, Regulation, Uncategorized.

“Greenhouses set up next to carbon-dioxide emitting factories give food producers easy access to the gas their plants love…. Everyone on the planet eats food, so perhaps a tax should be imposed on every global citizen to remunerate the creators of carbon

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Ignore the Boogeyman of Falling Prices

Friday, November 8th, 2013 by posted in Uncategorized.

It was not so long ago that economists welcomed low and falling inflation as a sign that central bank policy was improving. At the helm of the Federal Reserve, Paul Volcker is often credited with saving America from its stagflationary


Reduce Poverty by Halting Quantitative Easing

Thursday, November 7th, 2013 by posted in Banking, Capitalism, Economics, Politics, Uncategorized.

A new measure of the poverty rate in America puts the figure 3 million higher than the official count. It is estimated that 49.7 million, or 16 percent, of Americans can now be defined as living below the poverty level.

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The Use of Knowledge in Development

Wednesday, November 6th, 2013 by posted in Economics, Uncategorized.

Friedrich Hayek famously argued in his “The Use of Knowledge in Society” that the knowledge needed for economic advancement was fundamentally subjective, dispersed and tacit in nature. Hayek’s broad point was that these aspects made it impossible to centralize all

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