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Rothbard University is on Now! Watch the Livestream

Thursday, July 16th, 2015 by posted in Uncategorized.

Mises Canada is hosting its second annual Rothbard University program, a 3-day collection of lectures, courses, and engaged discourse about the Austrian school of economics, led by dynamic thinkers such as David Howden, Glenn Fox, Walter Block, Shawn Ritenour, and Pierre Desrochers. Rothbard

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An economic myth that just will not die

Wednesday, July 15th, 2015 by posted in Economics.

An excerpt from today’s Open Europe news summary: Luc Coene, a member of the ECB’s supervisory board and a former Belgian Central Bank Governor, told Belgian daily De Tijd that a Grexit may have been a better option, arguing, “Because

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Side-Effects Include: Household Debt

Friday, July 10th, 2015 by posted in Politics.

Bank of Canada Governor Stephen Poloz fancies himself a surgeon. He compares cutting interest rates to life-saving surgery for the economy. I consider it more like bloodletting, a terrible practice that is now widely accepted as pseudoscience. According to Canada’s

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My Advice for Greece

Monday, July 6th, 2015 by posted in Capitalism, Economics, Law, Politics, Regulation, Trade.

  Leave both the European Union (EU) and the European Monetary Union (EMU). These are very flawed institutions. In his prescient book Tragedy of the Euro, Professor Philip Bagus uses the term “misconstructed”, which I think is very descriptive of

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Patrick Barron interviewed re: The Greek Crisis

Friday, July 3rd, 2015 by posted in Banking, Capitalism, Economics, Socialism.

Patrick Barron: The Greek Crisis and the Impossibility of the Euro Published on Jul 2, 2015 Jeff Deist and Patrick Barron discuss European integration, which pits creditor nations like Germany against hapless debtors like Greece under the yoke of the

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Rothbard University Opening Reception!

Sunday, June 28th, 2015 by posted in Uncategorized.

It’s finally here! Join us on Wednesday, July 15 at 7 pm, for the Rothbard U opening reception at the beautiful Sassafraz restaurant at 100 Cumberland Street in Toronto! This opening reception is FREE TO ATTEND and open to EVERYONE!

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UberPop: une “Pétition des fabricants de chandelles” version 2015

Thursday, June 25th, 2015 by posted in Economics, Politique, Regulation, Socialism, Uncategorized.

Avec tout le saccage que les conducteurs de Taxi furieux contre Uber Pop ont causé aujourd’hui à Paris. Rien ne vaut la célèbre satire du protectionnisme de Frédéric Bastiat pour nous remémoré l’absurdité de cette politique. Alors sans plus tarder,

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Krugman on 2013: Heads He’s a Scientist, Tails You’re a Jerk

Thursday, June 25th, 2015 by posted in Economics, Uncategorized.

Oh boy. Paul Krugman keeps digging himself into a deeper hole with his botched 2013 austerity predictions. In this post, as a service to future archeologists, I want to (a) document Krugman’s shamelessness but (b) also explain that his excuses

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Greece illustrates 150 years of socialist failure in Europe

Wednesday, June 24th, 2015 by posted in Capitalism, Economics, Socialism.

Greece cannot pay its debts…ever. Nor can several other members of the European Union. That’s why Europe’s elite are loath to place Greece in default. If Greece is allowed to abrogate its debts, why should any of the other debtor

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To Taylor, Love Freedom

Tuesday, June 23rd, 2015 by posted in Economics, Intellectual Property, Music.

Dear Taylor Swift, You recently wrote an open letter to Apple, Inc. (To Apple, Love Taylor) where you spelled out your decisions on why you will not be allowing them to stream your album, 1989, without paying you for the

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Robert Reich Shills for $15 Minimum Wage

Monday, June 22nd, 2015 by posted in Economics.

Former Clinton Labor Secretary Robert Reich has teamed up with MoveOn.org to produce a series of YouTube videos outlining “Ten Big Ideas to Save the Economy.” Each video has Reich giving a 2:30 pitch for the idea in question, armed

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Hidden In Fannie and Freddie

Thursday, June 18th, 2015 by posted in Banking, Economics.

With another financial crisis fast approaching the cause of the ‘08 crash hasn’t been settled. Austrians generally line up on the side of the all-powerful Fed having lowering interest rates below what the market would produce, sending capital into malinvestments:

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The Minimum Wage “Experiments”

Tuesday, June 16th, 2015 by posted in Economics.

Noah Smith is excited about the recent minimum wage decisions in certain U.S. cities: This is why I’m so happy about the $15 minimum wage that is being phased in in cities such as Los Angeles, Seattle, and San Francisco.

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Krugman and Yglesias Get Tough With the Bankers–After It Doesn’t Matter

Monday, June 15th, 2015 by posted in Economics.

Matt Yglesias recently praised the “heterodox” policies in Iceland, and Paul Krugman endorsed the sentiment. Both of them pose as champions of the little guy, willing to take on the canons of orthodox finance and stick it to the bankers.

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Krugman Loves Deficits, So Long as They’re From Democrats

Thursday, June 11th, 2015 by posted in Economics.

Some things in life are very dependable. The sun rises in the east, water flows downhill, and Paul Krugman thinks balancing the budget during a recession or weak recovery is a terrible idea. Indeed, on this last point, recall Krugman’s

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“Green” Policies Don’t Make Economic Sense Even on Their Own Terms

Monday, June 1st, 2015 by posted in Economics, Environment.

When confronting the typical proponents of “green” government policies, the free-market economist must make a strategic decision: Since most of these recommended (and often, actually implemented) State measures make no sense even on their own terms, one course of action

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June Mises Meet!

Monday, June 1st, 2015 by posted in Uncategorized.

June is here, spring is in full swing, the NSA isn’t allowed to spy anymore… what could be better? I’ve got an idea: How about getting together with your fellow liberty lovers for drinks, food, and discussion? Come on out

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My letter to the Financial Times, London re: Do bank regulations actually work?

Friday, May 29th, 2015 by posted in Banking, Regulation.

Re: Banks face pushback over surging compliance and regulatory costs Re: ECB warns of risks posed by shadow banking sector Dear Sirs: Nowhere in your excellent article about shareholder concern over whether banks are spending their regulatory compliance money wisely

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John Nash’s Equilibrium Concept in Game Theory

Friday, May 29th, 2015 by posted in Economics.

With the tragic deaths (in a taxi accident) of John Nash and his wife, people have been explaining Nash’s contributions to the general public. The single best piece I’ve seen so far is this one by John Cassidy. However, even

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How Does It Know?

Wednesday, May 27th, 2015 by posted in Economics, Methodology.

IMF Says China’s Currency No Longer Undervalued The International Monetary Fund announced on Tuesday that for the first time in over a decade China’s currency is no longer undervalued (SCMP). U.S. policymakers have long criticized China’s artificial weakening of the renminbi,

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