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Three Examples of EU Madness

Monday, March 10th, 2014 by posted in Capitalism, Economics, Politics.

The italicized paragraphs are from the Open Europe news summary of March 10, 2014. My comments below each: Eight leaders of the European People’s Party (EPP), including German Chancellor Angela Merkel, have backed a call for students to be given

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Krugman’s First Derivative Problem With Wages

Monday, March 10th, 2014 by posted in Economics.

Paul Krugman has an annoying tendency to set up a discussion with language that suggests one thing, then “back it up” with data that show something rather different. In this post, I’ll go over two recent examples of Krugman’s discussion

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Where’s the Austerity?

Monday, March 10th, 2014 by posted in Banking, Economics.

Global debt now exceeds $100 trillion, according to the Bank of International Settlements. Over the past five years, debt has increased by about $30 trillion. What’s more, governments have been the largest issuers. Low interest rates have attracted governments to

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March Mises Meet!

Friday, March 7th, 2014 by posted in Events.

Spring is mercifully around the corner, so celebrate the changing seasons with the Mises Institute of Canada! Join us for our monthly meet up on Tuesday March 25, at 7 pm, at the Pauper’s Pub! Enjoy food, beverage, and discussion

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Bitcoin Banking

Friday, March 7th, 2014 by posted in Banking, Capitalism, Economics, Law.

A currency is only as safe as the bank that stores it. Nowhere is this more apparent than in the recent turmoil in the bitcoin community. One the primary advantages of bitcoin, perhaps even the greatest advantage of the cryptocurrency,

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Supreme Court to Hear Gambling Case

Friday, March 7th, 2014 by posted in Capitalism, Law.

We all know that gambling is bad. It’s a thinly disguised way for exploitive casino owners to part a fool from his money, and leads to dangerous addictions that destroy families and lives. Naturally, it is in the public interest

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A Mental Barrier to Liberty?

Thursday, March 6th, 2014 by posted in Law, Philosophy.

Is it possible to convince others of the benefits of liberty? Can the mass-man ever be convinced that the state impedes on his own flourishing? I have my doubts. Government promises an escape from the drudgery of life. It also

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Staples Celebrates The Recovery With 225 Store Closures, Sales Plunge

Thursday, March 6th, 2014 by posted in Uncategorized.

Reposted from Zerohedge: Nothing says global ‘economic recovery’ like a major retailer drastically missing revenue expectations, slashing earnings projections and announcing it will shutter 225 stores nationwide. Staples, the largest US office supplies retailer, hit the triple whammy and didn’t blame

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Satoshi Nakamoto revealed!

Thursday, March 6th, 2014 by posted in Uncategorized.

Satoshi Nakamoto has been revealed! ‘Satoshi Nakamoto‘, the mysterious founder and creator of the biggest digital cryptocurrency ‘Bitcoin‘ has reportedly been unmasked as a 64-year-old father of six living in Temple City, Southern California.   Satoshi Nakamoto introduced Bitcoin to the world

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Multiple examples of what is wrong with the EU

Thursday, March 6th, 2014 by posted in Banking, Capitalism, Economics.

From today’s Open Europe news summary: 1. Brussels proposes revamped €11bn aid package for Ukraine   2. The European Commission yesterday released its in-depth review into macroeconomic imbalances, in which it called for “policy action” on the German current account

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Episode 46 – Julie Borowski: Online Activism, Media vs. Libertarianism, and Drug Policy

Tuesday, March 4th, 2014 by posted in Philosophy, Politics.

Catch one of the latest episodes of “Better Red Than Dead” with special guest libertarian personality Julie Borowski! You can listen here.  

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A Letter from Cass Sunstein

Monday, March 3rd, 2014 by posted in Politique, Regulation, Socialism.

From the desk of Cass Sunstein Former Administrator of the White House Office of Information and Regulatory Affairs Former appointment to NSA Advisory Panel March 3, 2014 Hello there citizen! I hope you are enjoying your day. I also hope

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An Optimistic View of 21st Century Poverty

Saturday, March 1st, 2014 by posted in Capitalism, Economics.

Many proponents of socialism and State control will claim that the growing gap between the rich and the poor needs to be corrected. They say that because the gap is growing, that justifies the need for the state to come

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Slavery Could Not Last in an (Otherwise) Free Market

Saturday, March 1st, 2014 by posted in Economics, Uncategorized.

With all of the hubbub recently over slavery and its (alleged) ties to Austro-libertarianism, I thought it important to point out that the very nature of a market economy is incompatible with the institution of slavery. Note, I am NOT

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Stop the Presses: Environmentalists Argue for Fewer Regulations

Friday, February 28th, 2014 by posted in Capitalism, Regulation.

No one likes to boss other people around more than environmentalists. Their wildly unrealistic policy agenda combined with an innate disdain for other humans makes them alarmingly aggressive about imposing their wills on others, regardless of any negative impacts these

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Can’t Make ObamaCare Without Breaking Some Households

Thursday, February 27th, 2014 by posted in Health Care.

Robespierre reputedly welcomed the bloody French Revolution with the chilling statement: “One can’t expect to make an omelet without breaking eggs.” Versions of the quote have also been attributed, perhaps apocryphally, to Joseph Stalin. In these cases, the phrase signifies

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Nouriel Roubini the Mercantilist

Thursday, February 27th, 2014 by posted in Banking, Capitalism, Economics.

Here’s a question: why is economist Nouriel Roubini so popular again? The man is syndicated in the financial press. He has a number of best-selling books on the ebb and flow of the global economy. And he teaches at New

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My letter to the NY Times re: The Lawless Fed

Thursday, February 27th, 2014 by posted in Banking, Capitalism, Economics, Law.

Re: Fed’s Aid in 2008 Crisis Stretched Worldwide Dear Sirs: Your article about the Fed’s actions in 2008 to lend $580 billion in so-called “swap lines” to central banks internationally sounds a note of triumphalism that is completely unwarranted.  The

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My letter to National Review Magazine re: Stop applauding Ben Bernanke

Thursday, February 27th, 2014 by posted in Capitalism, Economics, Politics, Regulation.

Dear Sirs: In your February 24th edition under “The Week” recap of significant news events you make the astounding statement that Ben Bernanke should be applauded for his massive money printing, interest rate pegging, socialist monetary planning maneuvers during and after

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New Laws on Prostitution Will Victimize the Women

Thursday, February 27th, 2014 by posted in Civil Liberties, Regulation.

Laws against the economic associates of prostitutes are likely to increase the abuse and death rates of the women. The best way – and, perhaps, the only sure way – to protect prostitutes is to decriminalize all aspects of the activity and allow them to access fully the legal rights that other women enjoy.

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