The Path to the Perfect Reserve Currency
Much has been written lately, including by me, about the coming rejection of the dollar as the primary reserve currency of the world’s most important central banks. My prediction is based upon two...
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Freedom of the Press
Reprinted from The Anti-Capitalistic Mentality (1954) Freedom of the press is one of the fundamental features of a nation of free citizens. It is one of the essential points in the political program of...
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The Internet Memory Hole
Reprinted from the Freeman Imagine you are considering a candidate as a caregiver for your child. Or maybe you are vetting an applicant for a sensitive position in your company. Perhaps you’re...
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Chris Rock: Bring the Pain of Economic Ignorance
Late in his life, Murray Rothbard had a law that stated: “people tend to specialize in what they are worst at.” While the aphorism is definitely true about some specialists, more often than not the...
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Mockingjay Part I: No Romance in Revolution
Reprinted from Liberty.me Surely there has to be a better way. That was my non-stop thought through the whole of the viewing of Mockingjay Part I, a brilliant addition to the Hunger Games series. It...
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Is Secession a Right?
Reprinted from Mises.org Grant defeated Lee, the Confederacy crumbled, and the idea of secession disappeared forever, or at least that’s what the conventional wisdom says. Secession is no historical...
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A Bit More about Equality and Liberty
Logan Albright suggests that equality is “a very, very broad term, with myriad meanings and interpretations.” But it isn’t really very broad in meaning, although its applications are indeed very wide –...
View ArticleRussia takes a page out of the Paul Volcker playbook
From Zero Hedge: Russia Shocks With Emergency Rate Hike The move by the Bank of Russia to drastically raise rates is the first break by a major central bank in the worldwide Keynesian dogma that lower...
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In (Reluctant) Defense of Food Babe
I love watching debates like this unfold. The “Food Babe,” a blogger and activist dedicated to misinforming people for fun and profit, has been making headlines, both positive and negative, for her...
View ArticleThe Austrian Case Against Economic Intervention
The basic unit of all economic activity is the un-coerced, free exchange of one economic good for another based upon the ordinally ranked subjective preferences of each party to the exchange. To...
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America: Land of the Whipped and Whimpering
Reprinted from Casey Research In this land of the free and home of the brave, a friend of mine wrote about an experience he had at the airport recently. Having taken his watch off to pass through the...
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The Economic Lessons of Bethlehem
Reprinted from LewRockwell.com At the heart of the Christmas story rests some important lessons concerning free enterprise, government, and the role of wealth in society. Let’s begin with one of the...
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Jean-Serge Brisson vs. Canada’s Tax Collectors: A Modern Day Story of David...
“Thus David triumphed over the Philistine with a sling and a stone; he hit the Philistine and killed him, though he had no sword in his hand.” – 1 Samuel Chapter 17. Imagine a small businessman...
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How Reducing GDP Increases Economic Growth
Reprinted from Mises.org Recently, the Financial Times published an article containing charts displaying the correlation between government spending and real GDP growth.1 Based on these correlations,...
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Will the ECB Soon Fire Up the Printing Presses?
There is growing anticipation that the European Central Bank will pull the QE (quantitative easing) trigger at its upcoming meeting on January 22nd. Never mind that such an action explicitly violates...
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The U.S. Cannot Afford to be the World’s Police
Reprinted from the Press and Journal The recent shooting at the French satirical magazine Charlie Hebdo by Islamic extremists has reignited the debate on how to handle the threat of terrorism. The...
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Charlie Hebdo Goes Critical
The murder of eleven employees of the Charlie Hebdo newspaper in Paris has grabbed international headlines. It was, indeed, an appalling act. Western media outlets went ballistic. Politicians from...
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A Graphical Introduction to the Austrian Business Cycle Theory
A Graphical Introduction to the Austrian Business Cycle Theory By: Gaurav Mehra Twitter: @g__mehra Email: gmehra@uwo.ca For a pdf version of this article: Intro to ABCT – Final Business cycles,...
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In Defense of Uber’s Surge Pricing
Reprinted from the Freeman The smartphone-coordinated ride-sharing company Uber has come under fire for charging “outrageous” prices during peak demand times. I will defend the general principle of...
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“Left-Over” Women and Gender Inequality in China
Whoever has read The Pride and Prejudice must remember Mrs. Bennet, whose major concern is to marry off her daughters. When her second daughter Elizabeth told her that she is going to be with Mr....
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