Ludwig von Mises

DS joins Mises Canada

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

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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Insanity and Human Action

Wednesday, March 26th, 2014 by posted in Law, Philosophy.
Dr. Thomas Szasz

I just finished reading Insanity: the Idea and Its Consequences by Thomas Szasz, the renowned libertarian psychiatrist. In it, he stresses the importance of human action, praxiology, and even takes Ludwig von Mises to task for falling into the trap

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Joining the Board of the Ludwig von Mises Institute of Canada

Tuesday, August 27th, 2013 by posted in Uncategorized.

There are many defining moments during the growth and success of every organization and today is such a day for the Mises Institute of Canada. It is with great honour that we can officially announce the addition of Walter Block,

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The Use of Knowledge at the Bank of Canada

Friday, August 16th, 2013 by posted in Economics, Methodology, Socialism.

The Bank of Canada’s latest quarterly review suffers from the fatal conceit. Although technically the whole central banking system is a fatal conceit, one of the articles particularly highlights the complete ignorance and arrogance of Canada’s central bankers. Nii Ayi

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The Mess the Bank Made… and Denies

Monday, December 17th, 2012 by posted in Banking, Capitalism, Economics, Education, Politics, Regulation.

Back in April, I reviewed a document called the “Financial System Review”, published semi-annually by the Bank of Canada.  Due to the dire warnings contained therein, I thought it necessary to produce a more user-friendly summary of the information the

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Why the Chicago Plan is flawed reasoning and would fail

Sunday, November 11th, 2012 by posted in Economics.
Nov 10 2012 7

(republished from “A View from the Trenches“) Click here to read this article in pdf format: November 10 2012 On October 21st, 2012, Ambrose Evans-Pritchard wrote a note titled “IMF’s epic plan to conjure away debt and dethrone bankers”, on UK’s

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The Greatest Thinker You’ve Never Read: Ludwig von Mises

Wednesday, October 10th, 2012 by posted in Economics, History.
Mises teaser

Reprinted from Forbes: Had he not passed away at the tender age of 92 in 1973, Ludwig von Mises would have turned 131 years old today. In my humble opinion, he was the greatest social thinker of the twentieth century.

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Ron Paul: A Man of Character

Monday, August 27th, 2012 by posted in Civil Liberties, Politics.

It’s not often that you find someone in politics that has the character to do what’s right, and stand by what he believes regardless of the consequences to his career. It takes courage to stand up for what you believe in

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Tom Woods Weighs in on David Frum

Tuesday, July 10th, 2012 by posted in Economics.
Tom Woods Weighs in on David Frum

[youtube_sc url=]   James E. Miller is editor-in-chief of the Ludwig von Mises Institute of Canada. Send him mail

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Josh Barro’s and David Frum’s Pathetic Attack on Austrian Economics

Monday, July 9th, 2012 by posted in Economics.
Josh Barro

Josh Barro of Bloomberg has an interesting theory.  According to him, conservatives in modern day America have become so infatuated with the school of Austrian economics that they no longer listen to reason.  It is because of this diehard obsession


Forget the ‘Generational War.’ Blame the Government

Friday, June 8th, 2012 by posted in Economics, Politics, Regulation.
student protest

This article appeared in today’s print and online edition of the National Post Within the pages of the National Post, a spat has erupted between writers David Cravit, John Moore and Barbara Kay. In light of the Quebec student protests,

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The Anti-Capitalistic Mentality of the New York Times

Wednesday, May 23rd, 2012 by posted in Capitalism.
new york times teaser

Reprinted with permission from A Faible for Socialism We have often remarked on the soft spot the New York Times has for socialism. It is after all the ideology that is most popular among the self-proclaimed intelligentsia, as can

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Growth Pact? What Growth Pact?

Monday, April 30th, 2012 by posted in Economics.

If we have to summarize what drove the action last week, we will say it was the speculation over an upcoming (perhaps in June) Growth Pact in the Euro-zone. That was all. That did the trick. There is really nothing,

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U.S. Senate Barber Shop Operating in the Red- Another Instance of an Inability to Economize

Wednesday, April 25th, 2012 by posted in Economics, Politics, Trade.
scissors cutting money

While the motto of private enterprise is “the customer is always right,” the slogan of government is “the public be damned!” –Murray Rothbard Within the modern election cycle, it has become typical for political candidates, usually those quick to label

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Charles Krauthammer Mourns Over NASA Cuts, I Celebrate

Monday, April 23rd, 2012 by posted in Capitalism, Economics.

Leading neoconservative (read “closet Trotskyite“) commentator Charles Krauthammer’s latest Washington Post editorial pays homage to the glory days of NASA and the retirement of the space shuttle Discovery.  Titled “Farewell, the New Frontier,” the piece evokes mental images of Uncle


19,200 Federal Jobs to Be Eliminated- Good Riddance!

Thursday, April 5th, 2012 by posted in Economics, Politics.
government employee

Starting this week, 19,200 federal jobs in Canada are set to begin the process of elimination.  Of the 19,200 positions, 12,000 workers will be getting pink slips.  This is fantastic news and worthy of celebration.  Yet Prime Minister Stephen Harper’s


Delong Attacks Mises and Gold Standard

Monday, November 14th, 2011 by posted in Capitalism, Economics, History.

Holy strawman! Check out Berkley economist/Keynesian heartthrob Brad Delong’s attempt at equivocating Mises’ criticism of fiat currency with the labor theory of value: The point of view underlying von Mises’s–and von Hayek, and Marx, and Ron Paul–complaint against fiat money

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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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The Real Global Warming Consensus (or ‘Why Intellectuals Hate Capitalism’)

Friday, August 19th, 2011 by posted in Capitalism, Civil Liberties, Economics, Education, Lifestyle, Philosophy.

Originally posted on On the television news they set up their annual ‘Climate Camp’ in London.  The militant global warmers plant their tents on Blackheath and prepare to march on the City of London, to smash up some banks


The Source of Profits in the Business of Financial Speculation

Monday, August 15th, 2011 by posted in Capitalism, Economics, Law.

There is scarcely an endeavor awash with more debate, allure, dogma and contempt than the business of financial speculation. The entire investment community is often derided as ‘just a bunch of gamblers’, the most successful speculators are often dismissed as

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