Regulation

Tragedy of the Commons and Species Extinction

Wednesday, November 6th, 2013 by posted in Capitalism, Economics, Environment.
elephant teaser

Reprinted from LewRockwell.com According to Barbara Amiel, “a rapacious Asian demand for ivory is creating such terrible killing fields that elephants face extinction by poaching.” She writes this bit of economic illiteracy in Maclean’s Magazine (October 7, 2013, pp. 12-13). Before probing the

1 comment

The FDA: A Pain From the Neck to the Big Toe

Monday, November 4th, 2013 by posted in Capitalism, Economics, Regulation.
pills money teaser

Reprinted from Mises.org I recently experienced severe pain in my feet, particularly in the big toes. In my imagination it felt like my feet had been run over by a truck and that several of my toes had been broken.

3 comments

Enron: The Perils of Interventionism

Wednesday, October 30th, 2013 by posted in Capitalism, Economics.
enron teaser

Reprinted from Library of Economics and Liberty In mainstream thought, the fall of the once-iconic Enron Corporation (1986-2001) has become “Exhibit A” against unbridled business. To capitalism’s critics, its collapse was about more than one company’s bad management. Enron exposed

No comments yet

Just Another Marijuana Bust in Alberta

Tuesday, July 23rd, 2013 by posted in Civil Liberties, Law, War on Drugs.
marijuanabust

The other day a 34-year old man from Edmonton was busted for driving a van full of marijuana. The RCMP pulled him over on Highway 1 near Canmore; they found over 300 pounds of product. Now the man is out

No comments yet

How to Regulate the Market

Tuesday, July 16th, 2013 by posted in Economics, Education, Philosophy, Regulation.
Close-up of Gavel and hammer wrapped in paper currency

Someone named Omar brought up a very good point in comments section on my last post. Here’s the question: “If a planned economy through the control of the money supply and interest rates results in an unfair allocation of resources,

1 comment

Federal Regulations Have Made You 75 Percent Poorer

Tuesday, July 2nd, 2013 by posted in Capitalism, Economics.
red tape teaser

Republished from Reason.com The growth of federal regulations over the past six decades has cut U.S. economic growth by an average of 2 percentage points per year, according to a new study in the Journal of Economic Growth. As a result, the average

No comments yet

The Lesson of Sarah Murnaghan

Saturday, June 22nd, 2013 by posted in Capitalism, Economics, Philosophy, Regulation.
sarah

The story of 10-year-old Sarah Murnaghan is something out of feel-good television drama. Here was a young girl fighting for her life as her parents made a desperate plea for public sympathy. Murnaghan needed a lung transplant as a result

4 comments

Five reasons why the LCBO sad child posters should go down

Monday, May 13th, 2013 by posted in Civil Liberties, Education, Lifestyle, Regulation.
lcbo

The LCBO (Liquor Control Board of Ontario) is “an Ontario government enterprise and one of the world’s largest buyers and retailers of beverage alcohol.” Posters like the one below (Photo by: The Ethical Adman) can be seen in many LCBO

No comments yet

The CRTC… Nazis?

Wednesday, January 30th, 2013 by posted in Capitalism, Civil Liberties, Regulation.
AngryCRTC

OK. Obviously they’re not murdering people in genocidal ovens but they are being anti-competitive bureaucrats. The title actually comes from a conversation I once overheard on the bus. Some old guy was talking about phone companies to a young family.

3 comments

The Mess the Bank Made… and Denies

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

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

No comments yet

Let’s Celebrate, the Politicians Have Gone Home!

Thursday, November 1st, 2012 by posted in Capitalism, Civil Liberties, Economics, Regulation.
Ontario Resize

If you listen to the MSM, you’re likely aware that the premier of Ontario has shut-down the province’s legislature before the current session would normally terminate.  Not only is it bad for Ontario, the MSM says, but it’s also bad

1 comment

You Will Be Betrayed

Tuesday, October 30th, 2012 by posted in Politics.
Obama Romney teaser

Reprinted from Laissez Faire Today My neighborhood is filling up with political yard signs. Vote for this guy! Vote for that guy! I can’t understand why people are willing to give up precious real estate on their front lawns, make

2 comments

Ohhh Henry on Free Trade and China

Saturday, September 22nd, 2012 by posted in Capitalism, Economics, Foreign Policy, Regulation.

If the Canadian and Ontario governments had not wiped out people’s incomes and savings with taxation and inflation then they would not be placed in the position of having to decide whether to allow foreigners with higher savings rates to

4 comments

A Portrait of the 2011 CMHC

Monday, July 16th, 2012 by posted in Banking, Capitalism, Economics, Regulation, Trade.
CMHC Teaser

Dear readers, it’s happened again. The federal government is once again revising its rules on mortgage lenders. The new revisions are mostly a repeat of the changes they made back in January 2011, and that I reported on in a

3 comments

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

No comments yet

Do Government Regulations Create Jobs?

Monday, February 13th, 2012 by posted in Economics.

The obvious answer is, of course, yes.  If bureaucrats are put in charge of enforcing the latest and greatest scheme dreamt up by politicians deluded enough to believe themselves capable of utopian engineering, than employment rolls invariably increase.  And when

No comments yet

Problem Solving and the Economy

Tuesday, January 31st, 2012 by posted in Economics.

While reading “Developing the Leader Within You” by John Maxwell, I was intrigued by the chapter dealing with problem solving. As I was going through it, it reminded me of what should be done to solve the problems with the economy and

1 comment

The Triumph of Hope Over Experience: Why Government Failure Should Be No Surprise

Monday, January 30th, 2012 by posted in Capitalism, Economics, Politics, Regulation, Socialism.
Government Failure

[Originally published in Le Quebecois Libre, August 15th, 2011, No 291] On the morning of Sunday, July 31, Montrealers awoke to a depressingly familiar scene: the city’s infrastructure crashing to the ground. This time, it was a 15-meter concrete slab

No comments yet

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

No comments yet

Whither “Regulation”?

Wednesday, December 14th, 2011 by posted in Capitalism, Economics, Law, Regulation.
Health Canada

The overwhelming majority of discussion on regulation – even from the libertarian camp – seems fundamentally confused about the very nature of regulation. We are constantly subjected to debates about how much regulation, what kind of regulation, whether regulation is

1 comment