Reprinted from Taki’s Magazine They played “The Internationale†at Wednesday’s funeral of Eric Hobsbawm, Britain’s “greatest historian.†No one took offense. Indeed, all felt uplifted. The mourners at the crematorium in Golders Green, London’s Jewish heartland, included Labour Party leader
Archive for October, 2012
The Ethics of Halloween
Every Halloween people are engaging in free-market anarchism whether they like it or not. To the economist, it’s clear that the child values receiving candy, even if it means dressing up in a funny or scary costume and going
The Squareless Manifesto/Le Manifeste Des Pas-de-Carré
Since the beginning of the student boycotts in Quebec, two main factions have been arguing. There are the red squares (carrés rouges, because tuition hike puts them “squarely†in the red): the noisiest ones, the uncompromising collectivists[1], those for whom
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You Will Be Betrayed
Reprinted from Laissez Faire Today My neighborhood is filling up with political yard signs. Vote for this guy! Vote for that guy! I can’t understand why people are willing to give up precious real estate on their front lawns, make
Is There A Choice Between Rights and Security?
In an impromptu interview with Luke Rudkowski of the media organization WeAreChange, MSNBC host Lawrence O’Donnell was asked why he has failed to report or comment on President Obama’s use of the Espionage Act and the signing of the National
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Anti-Oil Sands: Perverse Ethics in the Name of the Environment
Reprinted from MasterResource.org The duplicity and hypocrisy of environmental pressure groups seem to be matched only by their consummate skill at manipulating public opinion, amassing political power, securing taxpayer-funded government grants, and persuading people to send them money and invest
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A case for legalizing insider trading
(republished from “A View from the Trenches“) Please, click here to read this article in pdf format: October 27 2012 In the past weeks, there has been a “revival†of news related to high-profile inside trading cases. And in an informal
RBC complicit in the LIBOR scandal?
U.S. state officials have issued a subpoena to the Royal Bank of Canada (among others) for participation in the LIBOR scandal. In addition, various Canadian regulatory bodies (including the Competition Bureau, an oxymoron if there ever was one) have launched
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Capitalism as the Only Way
[This article is excerpted from Liberalism, Chapter 2] 6. Capitalism: The Only Possible System of Social Organization Every examination of the different conceivable possibilities of organizing society on the basis of the division of labor must always come to the
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Ambrose Evans-Pritchard and the Greenbackers
In a recent article for The Telegraph, Ambrose Evans-Pritchard considers a recent IMF paper that, in his words, has “begun to acquire a cult following around the world.â€Â This working paper, written by Jaromir Benes and Michael Kumhof, applies an
Ayn Rand, Pygmies, and Collectivism
In his recent article “Ayn Rand versus the Pygmies,†Slate’s Eric Michael Johnson attempts to show that individualism is incompatible with human nature by telling a story of the Mbuti pygmies of the Congo on a hunt. The story unfolds
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HuffPo’s 11 Myths About the Fed, Refuted
Reprinted from Liberty Classroom The other day the Huffington Post ran an article by a Bonnie Kavoussi called “11 Lies About the Federal Reserve.†And you’ll never guess: these aren’t lies or myths spread in the financial press by Fed
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Does Mark Carney Know What He’s Doing?
Columnist Joe Castaldo of Canadian Business asks this same question. While I can’t answer with one hundred percent certainty that Carney doesn’t know what’s he doing, I can infer from his actions. If Austrian economics is considered the only “school”
Not All ‘End the Fed’ People Quite Get It
Reprinted from TomWoods.com Several days ago I managed to get myself drawn into a Facebook exchange with someone who opposes the Federal Reserve and the current banking system in general for not quite the right reasons. Thus the Fed is
The Canadian Bank Bailout
This will come as no surprise to regular readers, but in the chance that you happened to find this post via Google or some other search engine, allow me to describe as plainly as possible the hows and whys of



