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Rothbard U Opening Reception!

Tuesday, July 15th, 2014 by posted in Events.

MAJOR UPDATE: The event is now being held at Loire Restaurant119 Harbord StreetToronto, Ontario M5S 1G7 (416) 850-8330 It’s finally here! Join us for the launch of the first ever Rothbard University! Rothbard University is an intensive 3 day lecture series on

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The “Free” Market in Marijuana

Monday, July 14th, 2014 by posted in Capitalism, Civil Liberties, Economics, War on Drugs.

Washington may have recently become the second State to legalize marijuana sales, but that doesn’t mean selling weed has gotten any easier. A myriad of regulations have all but frozen some willing entrepreneurs into a state of inaction, fearful of

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How Great a Deal was the Louisiana Purchase?

Monday, July 14th, 2014 by posted in Capitalism, Economics.

Over at the Mises Institute, I recently tackled the problem of how good a deal several of America’s historical land purchases have been. While the cases of the Louisiana or Alaska purchases have gone down in history as demonstrating great

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The Bias Towards Action

Friday, July 11th, 2014 by posted in Philosophy, Politics.

Human beings are a pro-active species. They like to get things done. All human progress is built around the idea of not being content with your circumstance, but acting to improve them. We are the masters of our destinies, or

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The Importance of Capital Accumulation for Economic Growth

Friday, July 11th, 2014 by posted in Capitalism, Economics.

I’m at FreedomFest with Mises Canada. Earlier today I watched a panel and one of the participants–George Gilder–in the midst of a very impressive set of remarks made an offhand comment that is actually quite wrong. I am bringing this

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Non-Initiation of Aggression Is Necessary, But Not Sufficient, For Being a Nice Guy (or Gal)

Friday, July 11th, 2014 by posted in Economics, Law, Philosophy.

This is a minor point, but believe it or not, I have to make it: Libertarian ethical theory (as developed, for example, by Murray Rothbard in Ethics of Liberty) does NOT say: “As long as you don’t initiate aggression, you

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A treaty with the EU or the ECB means nothing

Friday, July 11th, 2014 by posted in Economics.

From today’s Open Europe news summary: French Economy Minister Arnaud Montebourg said yesterday, “[It is] inevitable that the ECB goes even further in its non-conventional monetary policies, by finally proceeding to the purchase of public debt securities if the euro

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First Derivatives Are a Tough Knut for Krugman to Crack

Friday, July 11th, 2014 by posted in Banking, Economics.

In a recent blog post, Paul Krugman tries to invoke the legacy of Knut Wicksell to prove that asset markets aren’t in a massive bubble. This is ironic, since Ludwig von Mises’ own theory of the business cycle drew on

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On Civil Disobedience

Thursday, July 10th, 2014 by posted in Law, Philosophy.

I am continually mystified by those otherwise sensible people who nevertheless insist that the law must be followed because it is the law. “If you wish to change the law,” they solemnly and self-righteously intone, “you must do through the

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“I’ve Been a Frickin’ Entrepreneur For 30 Frickin’ Years”

Thursday, July 10th, 2014 by posted in Economics.

I’m at FreedomFest in Las Vegas with Mises Canada, spreading the word about free markets in energy. But I wanted to make a quick post about this fantastic individual I met outside of the hotel:     The people I

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Defending the Undefendable: Dinner with Dr. Walter Block (July 17 Toronto)

Thursday, July 10th, 2014 by posted in Events.

Dr. Walter Block has spent his career defending the undefendable. As a result, Dr. Block has certainly left his mark on libertarianism. Block started at the Fraser Institute in 1979 and served as a senior economist until 1991. Dr. Block now serves on

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How to Fight the Ex-Im Bank

Monday, July 7th, 2014 by posted in Capitalism, Economics.

In politics, words can be dangerous weapons. The terms we use can either accurately or inaccurately reflect what the government is up to. George Orwell understood this better than anyone, and his essay “Politics and the English Language” is a

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On Anarchic Reinforcement

Monday, July 7th, 2014 by posted in Capitalism, Economics, Law.

In rebuttal to “Is It a Contradiction?“ Mr. Bulbasaur does not, so far as I can see, offer an argument for his claim that anarchy and capitalism are mutually incompatible. Whether they are required careful analysis, not name-calling and bluster.

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Tyler Cowen, War, What is it Good For?

Sunday, July 6th, 2014 by posted in Economics.

Check out the podcast discussion between Mises Canada Executive Director Redmond Weissenberger and editor-in-chief James E. Miller on the latest episode of Better Red Than Dead. You can download and listen here.  

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Journal of Prices & Markets Summer 2014 Available Now

Sunday, July 6th, 2014 by posted in Uncategorized.

Mises Canada is proud to announce the release of Volume 2, Issue 2, Summer 2014 of the Journal of Prices & Markets. You can download the latest edition here. This summer’s edition features the writing of Dave Howden, Doug French, Walter

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Is It a Contradiction?

Saturday, July 5th, 2014 by posted in Capitalism, Philosophy, Politics.

Is anarcho-capitalism a contradiction? Neoreactionary writer “Bulbasaur” seems to believe so. In a recent post at the “The Right Stuff” blog, he contends that anarchy and capitalism are always at odds with one another. He issues some deserved criticism at

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Noah Smith Boldly Goes Where Thousands of Austrian Critics Have Gone Before

Friday, July 4th, 2014 by posted in Economics.

When a smart-aleck like economist Noah Smith pens an absurd critique–which mentions me by name–full of name-calling but bereft of actual arguments, it places me in an awkward position. On the one hand, if I answer Noah, it rewards him

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The Dow’s All-Time High

Friday, July 4th, 2014 by posted in Economics.

The Dow Jones Industrials just closed above 17,000 for the first time ever. While they are celebrating the 4th of July, Americans can rejoice in the good fortune the stock market is giving them. But wait, what’s actually driving the

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Krugman’s Bogus Belgium Boosting

Thursday, July 3rd, 2014 by posted in Economics.

Using the World Cup news hook, Paul Krugman recently compared the economic performance of Belgium with France and the Netherlands. In a post titled, “The Secret of Belgium’s Success,” Krugman first showed that Belgium had weathered the financial crisis better

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I’ll punish you by starving my own people!

Thursday, July 3rd, 2014 by posted in Economics, Politics.

From today’s Open Europe news summary: EUobserver reports that Russia has retaliated against the signing of a new trade treaty between Moldova and the EU, by banning the imports of processed beef, horse meat, lamb and pork from Moldova. EUobserver Who

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