• Articles
    Austrians on Current Events: What Rothbard Would Have Thought About Canada’s CPI Report

      In this our second installment of the “Austrian on Current Events” feature,  we once again consult...

  • Articles
    Gold versus Fractional Reserves

    Editor’s Note: This essay was originally published in The Freeman, May 1979, Volume 9, Issue 5. It...

  • Blog
    On gold and a few dogmas

    Please, click here to read this article in pdf format: july-25-2011   Two weeks ago, we wrote that we had bought gold during its sell-off on June 30th /July 1st . We did so reluctantly. and sold it at the close of Friday 15th, consciously against that basic trading rule that says...

  • Blog
    War Is Not Peaceful

    In the wake of the senseless, monstrous, and completely unjustified attacks that have claimed (so far) over 90 innocent people in Norway, many of them teenagers, there has been a rather disturbing trend in the media’s coverage of the events: to describe Norway as a ‘peaceful country’, or presenting people who express...

  • Blog
    The ECB Folds

    Just over two weeks ago, we had blogged (see “High Stakes Euro Poker”) that we would soon see just how independent the European Central Bank (ECB)  truly is. As it lays the greatest claim to independence among the world’s leading central banks, the ECB’s actions also promised to illuminate the actual latitude...

  • Blog
    With “friends” like this…

    William Watson is one of the most free enterprise-oriented economists and journalists in all of Canada. A regular contributor to the National Post (the neo-con Canadian counterpart to the War Street Journal), he is a professor of economics at McGill University. With “friends” like this, however, the philosophy of laissez faire capitalism...

  • Articles
    A Short History of the Bank of Canada

    Editors note: Part of the Mission of the Mises Institute of Canada will be to explore and...

  • Blog
    Banking for the Welfare State

    Peter Foster has a nice piece in today’s Financial Post arguing that the Murdoch affair is obscuring a bigger scandal: the financial profligacy of American and European governments. The extravagant spending of the former is being highlighted by the ongoing negotiations over the debt ceiling, while that of the latter, of course,...

  • Articles
    Why Were There Boom-Bust Cycles Before Central Banks?

    Austrian school economists universally cite the fractional reserve banking system as the primary cause of boom-bust business...

  • Blog
    Still At 1%

    The Bank of Canada (BoC) released its latest decision on interest rates today, keeping the benchmark overnight rate at 1% .  Even by the criteria that Mark Carney is supposed to follow, the logic of this is hard to fathom. Canada’s economy is growing  close to 3% on an annual basis, which...

  • Blog
    One Reason Gold Closed Above US$1600

    If there were something like an Austrian school hedge fund — perhaps there is one out there that I don’t know about — it’d be heavily long gold. And with today’s record close above US$1600 per ounce, that fund would be doing quite well. If the portfolio were denominated in the world’s...

  • Articles
    Austrians on Current Events: What Rothbard Would Have Thought about QE3

    Today, we inaugurate a regular feature in the articles section highlighting passages from the Austrian tradition relevant...

  • Blog
    “Educating Tyler” – A response from Walter Block

    Although I sympathize with Tyler MacNeill and his sad learning story (his tale roughly patterns my own experience as a student), I can’t say that I fully agree with him. Well, I agree with him in spirit, but not in the details, and the devil is often in the details. I think...

  • Articles
    Rich Athletes, Poor Teachers

    Originally Published July 11th, 2007 on Mises.org Top professional athletes regularly sign multi-million dollar contracts, with signing...

  • Articles
    Are You Sick of Highly Paid Teachers?

    As I write, there is an email forward and Facebook re-post that is floating around by the...

  • Blog
    Buy the product, avoid the producer

    Through our past letters we have turned more and more negative, we acknowledge. We’ll go through a...