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Help Bring Rituparna Basu to Toronto

Wednesday, February 26th, 2014 by posted in Capitalism, Economics.

Help objectivists in Toronto bring Rituparna Basu—Healthcare specialist from the Ayn Rand Institute—to Toronto. You can find details on how to help here.

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Two Ways to Lift Wages – and Kill Jobs

Wednesday, February 26th, 2014 by posted in Capitalism, Economics.

Tuning in to Fox News the other day, I saw a segment in which Ann Coulter was discussing the proposed increase in the minimum wage. I generally think Ms. Coulter is a sharp and amusing commentator, so I stuck around

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Misunderstanding Machiavelli

Tuesday, February 25th, 2014 by posted in Capitalism, Economics, History, Philosophy, Politics.

An op-ed page discussion of Niccolo Machiavelli’s The Prince is the last place to expect another bit of carping about present-day inequalities of wealth. But that’s what the Toronto Star presented its readers today in a mini-symposium commemorating the 500th anniversary of

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Stand Your Ground is About Rights, Not Race

Tuesday, February 25th, 2014 by posted in Law, Philosophy.

There has been a lot of talk about so-called Stand Your Ground laws due to a number of a high profile legal cases that have captured the attention of the media. I am not particularly interested in getting into the

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Libertarianism: They Only Peaceful Philosophy

Monday, February 24th, 2014 by posted in Foreign Policy, Law.

Blessed are the peacemakers, for they shall be called sons of God. Matthew 5:9 Inner peace is a tough thing to come by. In between the rush hour-style of life that defines the modern economy, few moments are given to

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My letter to the Financial Times, London re: Educating Mr. Abe

Monday, February 24th, 2014 by posted in Capitalism, Economics, Politics.

Re: Abe grapples with mystery of missing J-curve Dear Sirs: Perhaps I can shed some light on Japanese Prime Minister Abe’s missing J-curve; i.e., why Japan’s trade deficit seems to be increasing rather than decreasing after massive monetary intervention to

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Economics of Daddy Days

Saturday, February 22nd, 2014 by posted in Economics, Law, Regulation.

Imagine if everyone was the same. Imagine if traditional social roles were completely obliterated. Imagine if egalitarianism wasn’t a pipe dream but reality. And imagine if our very understanding of biology and nature was turned topsy-turvy. At a recent Atlantic

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All Drugged Up: The Overmedication and Overschooling of Today’s Youth

Friday, February 21st, 2014 by posted in Education.

What are we going to do about those little monsters called children? They won’t be quiet, won’t sit still and won’t pay attention. They aren’t succeeding in school, and no matter how many drugs we pump into them, they don’t

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Central Bankers: Inflation is God’s Work

Friday, February 21st, 2014 by posted in Uncategorized.

Inflation is always somebody else’s fault. Ludwig von Mises called out finger pointing central bankers and politicians decades ago in his book, Economic Policy. “The most important thing to remember is that inflation is not an act of God, that

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Sochi Day 14: The Price of a Gold Medal

Friday, February 21st, 2014 by posted in Economics, Education, Events.

Success is its own reward, but sometimes it also means punishment. In few instances is this more apparent than with medal winners in Sochi. Athletes are trying their hardest to stand atop the podium and to do so they have

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Phony Central Bank Profit

Friday, February 21st, 2014 by posted in Banking, Economics.

From today’s Open Europe news summary: The WSJ reports that the ECB earned €1.4bn in net profit last year, well below that of the US Fed and the Bank of England. Open Europe’s Raoul Ruparel is quoted noting that the

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New EU credit card proposal will harm small businesses

Friday, February 21st, 2014 by posted in Capitalism, Economics, Regulation.

From today’s Open Europe news summary: The European Parliament’s economic affairs committee yesterday voted in favour of a proposal to limit credit card payment fees charged to retailers by banks at 0.3% of the transaction value, reports EUobserver. Negotiations with

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Episode 40: Mark Thornton – Currency Wars, Depreciation, and Gold/Silver

Thursday, February 20th, 2014 by posted in Banking, Capitalism, Economics.

Make sure you catch Director of Mises Canada Redmond Weissenberger’s daily podcast “Better Red than Dead.” The latest episode features Mark Thornton, a senior resident fellow at the Ludwig von Mises Institute in Auburn, Alabama and the book review editor for

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Walter Block to Speak at Columbia University

Thursday, February 20th, 2014 by posted in Announcements, Events.

Mises Canada Board Member, economist, and libertarian theoretician Walter Block will be speaking at Columbia University on March 27, 2014. Reprinted from Circle Bastiat Thursday, March 27, 8:30pm 312 Mathematics Building, Columbia University (entrance at 116th and Broadway) From the press

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My letter to the NY Times re: Fuel Economy Economic Nonsense

Thursday, February 20th, 2014 by posted in Capitalism, Economics, Regulation.

Re: Obama Orders New Efficiency for Big Trucks Dear Sirs: President Obama needs a lesson in Econ 101.  Requiring that business meet a new fuel economy standard in order to achieve some environmental goal, no matter how discredited the theory,

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My letter to the NY Times re: A tale of two banking models

Thursday, February 20th, 2014 by posted in Banking, Capitalism, Economics, Regulation.

Re:  Fed Closes a Loophole for Banks Overseas Re: Lending Where Banks Can’t: Blackstone Thrives in Ireland Dear Sirs: These two articles appeared on the front page of your Business Day section on Wednesday, February 19, 2014.  Nothing could more completely

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Krugman Re-Writes His Stimulus History

Thursday, February 20th, 2014 by posted in Economics.

There’s always a danger in providing too much attention to blogger Paul Krugman, but he is definitely the Goliath of Team Keynes. Moreover, one of Krugman’s favorite rhetorical ploys is to constantly tell his readers that his predictions have been

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Politicized Science Loses Credibility

Thursday, February 20th, 2014 by posted in Environment, Politics.

Science has ceased to be a search for truth, and has instead become a tool of politics. Gone are the days of solitary researchers toiling away for years in their garages. Now, the vast majority of studies are conducted for

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David R. Henderson Points Out Huge Flaw in Pro-ObamaCare Claims

Thursday, February 20th, 2014 by posted in Economics, Health Care.

The good thing about the Internet is that there is a Hayekian safety net: When a bunch of free-market economists are idiots and overlook an obvious point, eventually somebody comes along to rescue them. For today’s example, we have the

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My letter to the NY Times re: The Fallacy of Planning–set Detroit free

Wednesday, February 19th, 2014 by posted in Capitalism, Civil Liberties, Economics, Politics, Regulation.

Re: A Picture of Detroit in Ruin Dear Sirs: Detroit does not need another worthless plan in order to deal with its problems.  To what end will a “blight plan” be put?  This is the question that should have been asked

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