Interventionism

The Truth in Non-Intellectuals

Wednesday, May 7th, 2014 by posted in Foreign Policy, Politics, Regulation.
farmhouse

According to a new poll conducted by the Wall Street Journal and NBC News, average Americans are becoming increasingly wary of Uncle Sam’s prominent role in global affairs. Almost half of those surveyed want Washington to be “less active on

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DS joins Mises Canada

Tuesday, April 15th, 2014 by posted in Uncategorized.
detlevschlichter0

Interest in the Austrian School of Economics and the work of Ludwig von Mises has been on the rise for some time, and happily, this trend seems to be continuing, as can be seen, among other things, from the spread

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Thankful for the Iran Deal

Saturday, November 30th, 2013 by posted in Foreign Policy, History.
Food items are placed in trolleys as customers stand in line to pay for their goods in Tehran

It’s the time of the year when families gather and reminisce on what they are thankful for. Unfortunately, the message of Thanksgiving has become a clichéd sentimentality in our culture of surface-level entertainment. Still, it’s one worth revisiting from time

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Mark Carney’s False Ideology

Mark Carney

Neil Macdonald of the CBC recently did an investigative piece on central bankers and what they’re doing to the world’s economies. Mark Carney was featured heavily. He told Macdonald, “there is no secret cabal orchestrating things,” despite CBC’s own findings

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The Ontario Teacher’s Ponzi Plan

Tuesday, October 16th, 2012 by posted in Economics, Education.
OTPP Logo

The 21st century has been one marked by low interest rates and even lower real interest rates. In response to the dot-com crisis of 2001 Western governments embarked on a policy of low interest rates in order to stimulate the

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The Economics of Gambling

Tuesday, March 27th, 2012 by posted in Capitalism, Lifestyle, Regulation.
Lucky Dice

Just a few days ago the US Department of Homeland Security seized and shut down the Canadian sports gambling site www.bodog.com.  Bodog did not have any American clients, and thought that they had removed all legal liability from US laws

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Sorry Matt, You Don’t Know What Austrian Econ Is

Sunday, January 8th, 2012 by posted in Capitalism, Economics.

Keynesian blogger extraordinaire Matt Yglesias’ new Slate article is yet another attempt from a mainstream econ pundit to delegitimize the Austrian school by misrepresenting key aspects and its applicability to the crisis today.  Robert Wenzel has already done a superb

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Just Another Case of Law Shirking by Desperate Politicians

Sunday, January 1st, 2012 by posted in Law.

As the Republican presidential candidate primary elections heat up, it looks like another case of “the law is flexible for me and not you” has made an appearance.  From CBS News: FORT DODGE, Iowa – Texas Gov. Rick Perry, former

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Jim Rogers and Marc Faber 2012 Predictions

Tuesday, December 27th, 2011 by posted in Capitalism, Economics.

Often the only two Austrian-minded investors with a clue, both Rogers and Faber see the same things coming in 2012: more government spending, more debt accumulation, another economic downturn, and, of course, more money printing. [youtube_sc url=http://www.youtube.com/watch?v=rj8iisalRq8] Examiner.com: Australia Financial

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Extreme Financial Interconnectedness- Is It A Problem?

Tuesday, December 20th, 2011 by posted in Economics.

A recently released research paper from a number of economists titled “Econometric Measures of Connectedness and Systematic Risk In The Finance and Insurance Sectors” contains this interesting graphic highlighting the substantial increase in financial interconnectedness over the past 15 years

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Amazon.com: Christmas Savior or Grinch

Wednesday, December 14th, 2011 by posted in Capitalism, Economics, Uncategorized.

One of the key lessons in economics is recognizing the difference between what is good for the producer and what is good for the consumer.  Those who decry “unfair” business practices often do so in order to gain special privileges

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Brazil Changes Measure To Underscore Inflation (Print More)

Wednesday, December 7th, 2011 by posted in Capitalism.

Via Bloomberg Businessweek (h/t Redmond Weissenberger) A change in the way Brazil gauges inflation will help the central bank near its targets, enabling it to keep cutting interest rates, said Guilherme Figueiredo, hedge fund director at M. Safra & Co.Figueiredo’s

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New Bloomberg Info On Fed Bailouts

Monday, November 28th, 2011 by posted in Capitalism, Economics, Politics.

Last August, Bloomberg news released some uncovered details from its hard fought “Right to Know” request it launched against the Federal Reserve and its actions during the heat of the financial crisis.  Though lauded with praise by numerous media outlets,

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Chairman of AIG Defends Wall Street Bailout

Thursday, November 17th, 2011 by posted in Uncategorized.

Stop me if you have heard this one before-“Wall Street needed bailed out or else the world economy would have gone over a cliff.”  That’s it, end of story.  The possibility that anything but grey skies and storm clouds waited

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Frum Drinks the Kool-Aid

Frum Mug

A recent statement by David Frum has been making the rounds on the internet recently that should give everyone pause: Imagine, if you will, someone who read only the Wall Street Journal editorial page between 2000 and 2011, and someone in

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What’s Really Wrong with the Healthcare Industry

Wednesday, September 28th, 2011 by posted in Capitalism, Economics, Health Care, Intellectual Property, Law, Regulation.
Uncle Sam is Sick

Originally Posted on mises.org, Wednesday, May 26th, 2010. On May 3, 2010, I gave a talk to a class of students studying public health policy at the University of Washington. I began the talk by asking the students how many

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A Twisted QE3

Friday, September 23rd, 2011 by posted in Capitalism, Economics, Education, Politics, Socialism, Trade.
Money-Tornado3

The Federal Reserve announced yesterday that they will engage in a policy called “the twist” – meaning they will sell some of their short-term US treasury holdings in exchange for long-term US treasuries.  This is said to be neutral to

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Big Business and the Rise of American Statism

Wednesday, September 21st, 2011 by posted in Capitalism, Economics, History, Law, Politics, Regulation, Trade.
Troika American Style

  Retrieved from the website of the Molinari Institute. Editors note: This piece has been edited for length. The preface has been removed. Read the full length version here. Conflicting schools of thought In historiography different schools of thought exist in

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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

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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 mises.org. [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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