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In Further Defense of Political Dynasty

Tuesday, March 10th, 2015 by posted in Philosophy, Politics.

When the chatter heads in Washington are uptight about something, you can usually bet it’s good. The recent brouhaha amongst the political class was sparked by a Washington Post column trollishly titled “In Defense of Political Dynasties.” Written by George

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How not to win friends!

Monday, March 9th, 2015 by posted in Capitalism, Economics, Foreign Policy, Politics, Socialism.

From today’s Open Europe news summary: Greek Defence Minister: We’ll flood Europe with refugees if Greece is ‘hit’ by Germany; Speaking at a meeting of Independent Greek MPs yesterday, party leader and Greek Defence Minister Panos Kammenos argued that “If

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The Threat to the Dollar as the World’s Primary Reserve Currency

Saturday, March 7th, 2015 by posted in Economics, Politics, Trade.

(Following is the text of a speech given today at Drake University at the annual convention of the Iowa Association of Political Scientists.)   The Threat to the Dollar as the World’s Premier Reserve Currency …but does it really matter?

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Since When Is Honduras a Libertarian Paradise?!

Friday, March 6th, 2015 by posted in Capitalism.

It’s probably a good sign that the attacks on libertarianism are getting even more ridiculous. A recent Salon piece by Edwin Lyngar claims that his recent trip to Honduras proves that the principles espoused by people like Ayn Rand and

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My letter to the NY Times re: Japan’s Solar Mandates Lack Free Market Coordinating Function

Friday, March 6th, 2015 by posted in Economics, Regulation.

Re: Japan’s Growth in Solar Power Falters as Utilities Balk Dear Sirs: One of the prime reasons for the failure of Japan’s solar power initiatives is the government’s ignorance of the coordinating function of the the free market. The article

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Does Walmart Prove Minimum Wage Laws Will Help Workers?

Thursday, March 5th, 2015 by posted in Economics.

In a recent column Paul Krugman has one of the most curious arguments supporting the minimum wage that I’ve ever seen from a professional economist: A few days ago Walmart, America’s largest employer, announced that it will raise wages for half

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My letter to the NY Times re: Keynesian macro economists are confused

Wednesday, March 4th, 2015 by posted in Economics.

Re: Saving Big on Energy Bills, People Take It to the Bank, by Nelson D. Schwartz Dear Sirs: Keynesian school macro economists may be scratching their heads that the spending numbers that they hold so dear are not increasing, but

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First Call for Papers for ICPM 2015!

Tuesday, March 3rd, 2015 by posted in Announcements.

The Mises Institute of Canada, along with its scholarly publication the Journal of Prices and Markets (http://pricesandmarkets.org/), is hosting the 4th annual International Conference of Prices and Markets is being held November 6th-7th 2015 in Toronto, Ontario! Consider this announcement

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Water Rights and Chinatown

Tuesday, March 3rd, 2015 by posted in Politics, Regulation, Socialism.

Does a warning mean anything if nobody listens? With the precarious case of Lake Mead, doomsayers never seem to break the surface. For years, reports of the lake’s declining levels have popped up in the news. Yet residents of the

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Paul Krugman Is the Brian Williams of Economics Bloggers

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

Paul Krugman knows a lot of economic theory and is a very clever writer, but you should never ever trust him to recount tales of battles between Keynesians and other schools of thought. His misrememberings in this realm are so

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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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Check out John O’Donnell on Mises Weekends

Sunday, March 1st, 2015 by posted in Banking, Capitalism, Economics.

Make sure you check out investor John O’Donnell discuss applied Austrian economics and his history with Murray Rothbard on the latest Mises Weekends podcast show. You can listen here.

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Fed Independence is a Joke, So Why Not Audit?

Thursday, February 26th, 2015 by posted in Banking, Capitalism, Economics.

Reprinted from FreedomWorks A whistleblower-hating president, a bureaucrat who illegally targeted conservatives, and the former national intelligence director who lied before Congress walk into a bar. The bartender says: what can I get “the most transparent administration in history”? If

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The futility of bank regulation in a repressed monetary regime

Thursday, February 26th, 2015 by posted in Economics, Regulation.

Re: The Futility of Bank Regulation Under a Monetary Regime of Financial Repression, by Jeffrey P. Snider   I have admired the writing of Mr. Snider for some time now. His latest missive is long and detailed, but I was

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March Mises Meet!

Thursday, February 26th, 2015 by posted in Events.

It’s time for the Triple M: March Mises Meet. Are you ready? Are you prepared? Because it’s happening! Join the Ludwig von Mises Institute of Canada for our monthly meet up this Tuesday, March 24, at 7 pm, at the

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The Austrian Solution to Greece

Wednesday, February 25th, 2015 by posted in Economics, Politics, Regulation.

Arnold Kling asks economists to fill in the blank: “Greece will achieve economic success when ____” There is an answer from the Austrian perspective, but first I want to highlight some thoughts from other prominent bloggers. Option A: Paul Krugman of

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The Greek deal won’t solve anything

Monday, February 23rd, 2015 by posted in Economics, Politics, Regulation.

Since the Greek deal contains absolutely zero pro-market reforms, it won’t fix anything. Raising taxes, cutting down on tax evasion and smuggling, even if successful in raising tax revenue, simply entrench government at its current and possibly higher level. The

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My letter to the NY Times re: Why the Fed is perplexed about interest rates

Sunday, February 22nd, 2015 by posted in Economics, Regulation.

Re: Fed Appears to Hesitate on Raising Interest Rates Dear Sirs: Austrian School economists are not at all perplexed about what to do with interest rates, because our understanding of economics and especially monetary policy is superior to that of

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“Gold is a noble metal…”

Saturday, February 21st, 2015 by posted in Economics.

Re: Gold coins, at bottom of sea for millennium, go on display A wonderful little report about a recent discovery of gold coins off the coast of Israel, which confirms why gold is the premier store of value since time

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Scott Sumner and the Lead Up to the Great Recession

Wednesday, February 18th, 2015 by posted in Banking, Economics, History.

Scott Sumner poses a question, and his answer over at Econlog: 1. What would it look like if it looked as though interest rates fell for some reason other than the Fed cutting interest rates with an expansionary monetary policy?  

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