Many of today’s social theorists are utilitarians. Broadly speaking, a utilitarian is someone who believes justice can be arrived at through a cost-benefit analysis. For example, a utilitarian economist would tell you that, before considering a new
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Air pollution is one of the most interesting topics in the sphere of property rights. Not only because property rights were often set aside when dealing with problems of air pollution, but because in cases where they were applied they
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Some theorists claim that externalities are probably the most legitimate reason for State intervention in human interactions. The ethical case for intervention is that it can presumably increase overall economic efficiency. This article demonstrates that even if one accepts this
... read moreAmong the great thinkers in the Austrian tradition, Friedrich Hayek lies on that part of the continuum which is most tolerant of the government’s role in society. Ludwig von Mises was willing to live with a minimal government restricted to the safeguarding of personal security, life,
... read moreThis being Valentine’s Day, a day in which our thoughts naturally turn to love, one would think that a blog dedicated to the teachings of Ludwig von Mises would have nothing relevant to say. After all, Mises is best known as
... read more What is truth? Pontius Pilate is famously portrayed asking that question in the New Testament. Unbeknownst to many, the Canadian Radio-television and Telecommunications (CRTC) is also mandated to answer that question if called upon — though, thankfully, it hasn’t yet.
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Super Bowl weekend is upon us and that means people will be gambling like no other time of the year. About US$100 million will be bet on Sunday’s game between the Green Bay Packers and the Pittsburgh Steelers. But that’s
... read moreIn no policy area has Stephen Harper’s government been more successful in passing legislation than criminal justice. With some exceptions, the opposition parties have dared not oppose the Prime Minister’s law and order agenda lest they come off appearing soft
... read moreThe story of government over the last century is largely the story of how it has abused its monopoly over legal coercion and extended it to regulate areas of our lives outside its legitimate purview. Much of this incursion has
... read moreLudwig von Mises Institute of Canada
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