Clik here to view.
Ontario Teachers: A Failure According to Wynne Government
In a great essay, Lawrence Reed points out that government’s constant efforts to reform its own policies is an implicit admission that they couldn’t get things right the first 50 attempts. This is...
View ArticleClik here to view.
The Lesson of Eugenics: “Perfection” Taken Too Far
Reprinted from the Press and Journal The era of cheap housing may finally be upon us. In China, the private firm WinSun is using 3D printers to produce up to 10 houses a day. Thanks to the decreased...
View ArticleClik here to view.
The Ten Catch-22s: Regulation of Natural Monopoly Utilities
“No alleged ‘fact finding’ and no armchair speculation can discover another price at which demand and supply would become equal. The failure of all experiments to find a satisfactory solution for the...
View ArticleClik here to view.
The Folly of Government Bank Regulation
Nothing gets the liberal press’s pom-poms twirling like the threat of bank regulation. Ever since the financial crisis in 2008 and subsequent bailout of Wall Street, progressive pols have had their...
View ArticleWhy Central Bank Stimulus Cannot Stimulate an Economic Recovery
Today every central bank on the planet is printing money by the bucket loads in an attempt to stimulate their economies to escape velocity and a sustainable recovery. They are following Keynesian...
View ArticleThe real cause of European budget indiscipline
From today’s Open Europe news summary: In a comment piece for FAZ, German Finance Minister Wolfgang Schäuble reiterates his call for an EU budgetary commissioner with powers to veto national budgets....
View ArticleClik here to view.
Minimum Wage: Making People Useless
Reprinted from Casey Research Karl Marx must be smiling. It’s capital vs. labor all over again. Income inequality is on the tip of every pundit and politician’s tongue. Thomas Piketty’s bestselling...
View ArticleClik here to view.
Crony Capitalism has Government Approval
Reprinted from Canadian Electronics Magazine When Judge Richard Posner, the prolific conservative intellectual, released his book “A Failure of Capitalism: The Crisis of ‘08 and the Descent Into...
View ArticleClik here to view.
America’s Electronic Police State
Reprinted from FEE.org The modern surveillance state is referred to as an electronic police state because it uses technology to monitor people in order to detect and punish dissent. The authorities...
View ArticleClik here to view.
Down with Legal Tender
[This article is excerpted from chapters 4, 5, and 6 of Denationalisation of Money: the Argument Refined.] Reprinted from Mises.org When one studies the history of money, one cannot help wondering why...
View ArticleClik here to view.
Why is There So Much Confusion in Macroeconomics?
Should we print, not print? Stimulate, not stimulate? Is austerity the right or wrong policy? Is government spending or printing effective? If we ask two economists these questions, we will likely get...
View ArticleClik here to view.
Measuring Unemployment
Unlike other factors of production, it’s difficult to define when and how many workers are unemployed. A weight of steel or a kilowatt hour of electricity is either employed or not. A human, on the...
View ArticleClik here to view.
In Defense of the Silk Road
Reprinted from Liberty.me Remember Napster? It was a solution that was strangled by government. But this action killed nothing. It started a new era of file sharing and online music distribution that...
View ArticleClik here to view.
The Minimum Wage Law and Welfare Payments
Reprinted from LewRockwell.com I think it important to pulverize the case for the minimum wage law. I am guided in this determination by the Jesuit notion of the preferential option for the poor. (Hey...
View ArticleMy letter to the Financial Times, London re: Fed oversight will not prevent...
Dear Sirs: In his June 17th essay titled “Make shadow banks safe and private money sound” Mr. Paul McCulley displays a good understanding of the functional mechanics of commercial bank credit creation,...
View ArticleHow to follow IMF advice
From today’s Open Europe news summary: The FT reports that the IMF will today urge the ECB to consider US-style ‘quantitative easing’, including “large scale” purchases of government bonds, to tackle...
View ArticleClik here to view.
Make a New Nation, in the Digital Cloud
We’ve come a long way in 100 years. We’ve moved from the first terrifying experiment in the use of violence as a universal tool of world order – embodied in the murderous “Great War” — to the point...
View ArticleClik here to view.
My Trip Through Detroit
On 5th March 2014, I was detained at Detroit airport, just before I was to board the plane. “I will decide if you will go on this plane or not,” shouted a US custom official with an stress on “I”,...
View ArticleClik here to view.
Living Like a Refugee
Reprinted from Liberty.me For one evening, I was the most valuable person in the world. About 10 people regarded me this way, in any case. They were 10 among five hundred of my fellow refugees,...
View ArticleClik here to view.
Felipe VI, Vivat Rex
On 20 June 2014, a man little known outside the Spanish-speaking world became a little better known as Felipe Juan Pablo Alfonso de Todos los Santos de Borbón y de Grecia succeeded his father to...
View Article