Is it possible to privatize roads? This question often ways heavily on those who see the competitive market as the best means of achieving a wide distribution of resources at the lowest cost to the consumer. Like money, roads have
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President Obama, The View, and the False Notion of Too Big To Fail
If there is one thing Barack Obama has proven throughout the first term of his presidency besides his expert use of grandiose, simplistic rhetoric, it is his ineptness at understanding economics. Last year, the President hilariously blamed automatic teller machines
In Defense of Conspiracy Theory
Did you know that the American public school system was modeled after 19th century Prussia and was designed to condition children toward obedience and subordination? Did you know that Abraham Lincoln was once quoted to have said during one of
WHOSE ‘AUSTERITY’ ARE WE TALKING ABOUT?
Originally posted at http://www.martindurkin.com What’s all this nonsense about ‘austerity’? I listen to the news and I feel like I’ve stepped into George Orwell’s 1984. Apparently ‘austerity’ means sacking some public sector workers, who are paid for out of taxation. ‘Growth’
Alan Greenspan Asked for Advice, Do People Ever Learn?
Unbelievable. That is the only way to express this author’s utter bewilderment that former Federal Reserve chairman Alan Greenspan is still given an outlet to speak his mind. Actually, I am surprised Mr. Greenspan has the audacity to show his
Eugene Robinson- Full of Economic Fallacies
Stop me if you heard this one before. A well regarded political commentator writing for one of the nation’s leading (and floundering) newspapers is troubled. No matter how many times his pen touches the paper for millions to read, his
The Yemen Underwear Bomb and Other Hobgoblins
Today it was widely reported that the CIA thwarted a “plot by al Qaeda’s affiliate in Yemen to destroy a U.S.-bound airliner using a bomb.” This bomb, which was to be concealed in a pair of underwear, was designed as
Against Ketosis
Chris Horlacher presents a favorable review of a high protein/high fat diet in his recent blog post on fat consumption. In the interest of presenting a full range of viewpoints, I thought I might briefly discuss some of the counter-evidence,
Murdoch tweets about money printing and inflation, reality won’t be far behind
Originally posted at http://joannenova.com.au The game is up when everyone knows the only way out is printing money, because then everyone knows inflation is coming, and the bun-fight begins. Everyone wants the wage rise, the payment now, and to buy the
The Left’s Hypocrisy on War and Saddening Apathy
Last week, in typical Orwellian fashion, the Obama administration acknowledged the use of its controversial drone program. In an interview on Fox News Sunday, counterterrorism advisor John Brennan assured that unmanned strikes on terrorist suspects were not only effective but
Eat Fat, Lose Fat
The topic of this article is going to seem to most as way outside my normal stomping grounds of economics and finance, but to those who know me well it will not be so strange. I am somewhat of a
George Will, John M. Keynes, and Totalitarian Eugenics
In a touching but revealing column, conservative pundit and highly syndicated columnist George Will speaks to his son celebrating his 40th birthday while still handicapped by Down syndrome. Jon, as George describes him, was born at a time when leaving
The Day I Bought Tomatoes with Toilet Paper
Recently I traveled to Cuernavaca, Morelos, Mexico on a mission trip. At the beginning of the week, we Canadians had a team-building activity called the Cuernavaca Quest. This quest was a sort of scavenger hunt. We were divided into teams
Why Breaking a Store Window Isn’t Anarchism
How we use words has a tremendous impact on the ideas that reach prominence and influence how societies evolve. Just think of the loaded term “democracy” and the poisonous vitriol spewed at anyone who points out the utter immorality of
Upcoming Capitalism & Morality Seminar- July 28, 2012
Date: Saturday, 28 July 2012 Venue: Event Rooms 1200-1500 Segal Graduate School of Business 500 Granville Street Vancouver, BC, Canada V6C 1W6 (This is an independent event, not affiliated with the School) Cost: $90 if booked by 15 June 2012;
Cheer for the Environment, Cheer for Capitalism
April 22nd was Earth Day. As can be expected from celebrations about the environment, anti-capitalist propaganda was rampant. Many protesters claim that capitalism is the worst economic system because it destructs the planet. Really? Let’s take a look on what
Is Robert Reich a Commie?
Just last week, former Labor Secretary Robert Reich got in a huge fuss over Fox News blowhard Bill O’Reilly calling him a “communist” and “secret adores Marx.” Reich has subsequently challenged the popular TV pundit to a debate while firing
Ron Paul vs. Paul Krugman – Video and Transcript
Congressman Ron Paul on Professor Paul Krugman’s views: “[Krugman] believes in big government, from what I read and hear, and I believe in very small government. I emphasize personal liberties. I don’t like a managed economy, whether it’s through central
FreedomFest 2012- Las Vegas
Via The Daily Bell: Join Senator Rand Paul, Judge Andrew Napolitano, Tom Woods, Peter Schiff and John Browne plus over 150 other speakers for the “Crisis in America: A Call to Action” sessions at FreedomFest, July 11 – 14, 2012
OAS Age Eligibility Moved to 67, Why is Retiring Becoming So Expensive?
We live in an age defined by unprecedented abundance. As long as you don’t live in the sticks, a McDonald’s or Walmart is typically within a 15 minute driving distance of your residence. This means cheap, calorie-rich food is just
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Latest Blog Posts
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A Glimpse of What Privatized Roads Could Look LikeIs it possible to privatize roads?
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This question often19 hours ago
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President Obama, The View, and the False Notion of Too Big To FailIf there is one thing Barack Obama has proven througho
...2 days ago
1 Comments
In Defense of Conspiracy TheoryDid you know that the American public school system wa
...3 days ago
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WHOSE ‘AUSTERITY’ ARE WE TALKING ABOUT?Originally posted at http://www.martindurkin.com
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Wha3 days ago
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Alan Greenspan Asked for Advice, Do People Ever Learn?Unbelievable.
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That is the only way to express this aut5 days ago
The Quotable Mises
Ludwig von Mises: ". The use of money in a market economy is a praxeologically necessary fact. That gold, and not something else, is used as money is merely a historical fact and as such cannot be conceived by catallactics." - Human Action
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