A Spanish translation/version of this essay was presented at the V Conference of Austrian Economics, hosted by the Instituto Juan de Mariana, on 20 June 2012. Published with permission from Economicthought.net History has recurrently shown that banking regulations do not
Archive for June, 2012
Tariffs as Welfare State Economics
Reprinted from LewRockwell.com (for Mises.ca readers, substitute “America” with “Canada” as economic laws aren’t limited by arbitrary national boundaries) I have found over the years that when I debate with people who promote tariffs, meaning sales taxes on imported goods
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The Politics of Shared Sacrifice
It’s no secret that economic conditions around the world are deteriorating. The Eurozone crisis rages on without any tangible solution being offered by the bickering technocrats. China’s inflation fueled property bubbles continues to deflate with the People’s Bank of China
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Tom Woods’ 90 Second Challenge to Free Marketers
Support GetGlennMobile.com! James E. Miller is editor-in-chief of Mises Canada and a regular contributor to the Mitrailleuse . Send him mail
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It Is NOT The People’s Fault
Ah, the blame game. Who is to blame for the recent plastic bag ban in Toronto? According to the National Post article by Terence Corcoran, the list of possible suspects worthy of condemnation is rather long. Maybe the science-be-damned environmentalists
What To Do About A Growing Police State
Everywhere you look it seems bath salts are becoming the hot new target of political drug warriors. Just last month the U.S. Senate voted 96-1 to outlaw the synthetic chemicals used in the making of the hallucinogenic salts. The measure
A Breach of Contract
Originally published at LewRockwell.com Imagine that you have agreed with an auto dealer to purchase the luxurious Belchfire X-1 automobile, for which you agree to pay $45,000, with monthly payments to extend over a period of three years. You sign
Alchemy By Other Means
Reprinted from Lapham’s Quarterly, originally written in 1786 and appeared in The Complete Writings of Thomas Paine I remember a German farmer expressing as much in a few words as the whole subject of paper money requires: “Money is money,
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The Death of Banking and Future of Money
Reprinted from Whiskey & Gunpowder Banks are something between dinosaurs and vampires. One thing is now clear to even the most casual observer: banks are not capitalist businesses. In their present incarnation they have little to do with the free
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Trade Deficits and the Freedom of Choice
Alan Uke, author of Buying America Back: A Real-Deal Blueprint for Restoring American Prosperity, has published an article at The Huffington Post entitled The High Cost of Cheap Imports. Here he claims that the current economic crisis in America is due to its balance
Propaganda, Lies, and War
If I asked what the cause of the American Civil War was, would your first answer be slavery? Would it surprise you to know that slavery was only one grievance the South had with the Lincoln administration? Up until the
Three New Deals: Why the Nazis and Fascists Loved FDR
Reprinted from Mises.org Three New Deals: Reflections on Roosevelt’s America, Mussolini’s Italy, and Hitler’s Germany, 1933-1939. By Wolfgang Schivelbusch. Metropolitan Books, 2006. 242 pgs. Critics of Roosevelt’s New Deal often liken it to fascism. Roosevelt’s numerous defenders dismiss this charge as
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The So-Called Private Economy
Republished from Laissez Faire Today “The private economy is doing fine.†Those were the words of President Obama that unleashed a torrent of political hysteria. The Romney campaign immediately blasted him for suggesting that things are just hunky-dory, and he
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Austrian Economics and the Financial Crisis
The following has been adapted from a slideshow presentation given at a symposium on Marginal Revolutionaries: The Mainstream Economics Crisis and Heterodox Approaches  held at the Canadian Economics Association annual meeting in Calgary, Alberta on Friday, June 8, 2012. Good



