From the UK Telegraph (H/T: the Daily Bell) So much for peak oil. According to a fascinating new study by Leonardo Maugeri of the Belfer Center for Science and International Affairs at the the John F Kennedy School of Government,
Archive for July, 2012
The Central Fact of the LIBOR Rate Scandal
Reprinted from Gary North’s Specific Answers I begin with two charts. First, the 1-month LIBOR rate. http://www.moneycafe.com/library/1monthlibor.htm Second, the 1-year LIBOR rate. http://www.moneycafe.com/library/libor.htm What do we see? First, they loosely parallel each other. Second, the move up began in late
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The Order of Playtime
At a recent family and friends gathering, I was able to catch up with an old babysitter of mine who I hadn’t seen in over a decade. During our conversation she asked if I remembered other attendees of her babysitting
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Kick Curbside Recycling to the Curb!
Reprinted from The New American When the first Earth Day observance was staged on April 22, 1970, 20 million Americans gathered at various venues across the country, in order to demonstrate for a healthy, sustainable environment. One of the ideas
No news on the monetary front
(republished from “A View from the Trenches†(www.sibileau.com) Click here to read this article in pdf format: July 30 2012 Besides the 2012 Olympics (Go Canada!), last week, we had two main drivers of markets, at a macro level, of course.
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James Delingpole - Global Warming? Yeah, right
Republished from The Telegraph Have a look at this chart. It tells you pretty much all you need to know about the much-anticipated scoop by Anthony Watts of Watts Up With That? What it means, in a nutshell, is that
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I, Smartphone- I, Pencil for the 21st Century
James E. Miller is editor-in-chief of Mises Canada and a regular contributor to the Mitrailleuse . Send him mail
The State as a Fantasy
If there were a prize for the best “do as I say, not as I do†politician, the latest winner would be California Senator Dianne Feinstein. Senator Feinstein, who is currently leading a crusade to plug the White House’s recent
How to Unlearn Government Propaganda.
In the old days, Americans had three television channels. Those, along with the New York Times, the Washington Post, and Newsweek, told them what the establishment thought they needed to know. They set the boundaries of respectable opinion. You may
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In Review: Blondie Economics
To the layman, economics can really be a dismal science. There are a few reasons for this. First is the reliance on mathematical modeling in macroeconomics. Complex formulas tend to detract interested people rather than attract them. Then there is
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The Uncompromising Students’ Manifesto/CLASSÉ : Un Manifeste Hyper Prévisible
Since the beginnings of the student boycott movement, the CLASSÉ[1] has represented its most radical element. They could be compared to a spoiled child: unless it gets exactly what it wants, it will keep causing trouble. Recently, they published a
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Why Listen to Keynes in the First Place?
In a recent BBC News article, philosopher John Gray asks the quaint but otherwise vain question of what would John Maynard Keynes do in today’s economic slump. I call the question vain because practically every Western government has followed Keynes’
The Smart Grid as the Slave Grid
We have all heard the hype about the “smart grid” and it goes something like this: North Americans are using too much energy. Consequently, the energy grid is under great stress and may fail. Our only hope is for the
It’s the System, Stupid!
Canada’s living journalistic icon Rex Murphy recently penned a characteristically blunt castigation of the present crop of political figures in this country. Yet, Mr. Murphy’s enduring career at Canada’s public broadcaster suggests that he has failed to stay completely true
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The Only International Economic Policy that a Country Needs: “Mind your own business and set a good example”
The international economic scene is dominated by state interventions at all levels. Daily we read of disputes over exchange rate manipulation, protectionist tariffs followed by retaliatory tariffs, highly regulated free trade blocs that erect trade barriers to non-bloc nations, bilateral
Can Obamacare Be Nullified?
The “memory hole†to which George Orwell wrote about the dystopian 1984 was a furnace which government officials dump politically inconvenient documents into in order to vanquish them from the public’s mind. Its purpose was to get rid of documentation
Why I Am Not a Conservative
Originally Published In The Constitution of Liberty (Chicago: The University of Chicago Press, 1960) “At all times sincere friends of freedom have been rare, and its triumphs have been due to minorities, that have prevailed by associating themselves with auxiliaries whose objects
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The age of circular reasoning
Click here to read this article in pdf format:Â July 23 2012 (republished from “A View from the Trenches” (www.sibileau.com) We have not written for the past two weeks. We were vacationing but at the same time, nothing really changed
Scaling Back the State as a Solution to Gun Violence
The news of a masked gunman opening fire on movie theater goers in Aurora, Colorado during the premier of The Dark Knight Rises has predictably reignited calls for increased gun control laws. New York City Mayor Michael Bloomberg immediately called
A Response to de Soto’s “Defense of the Euro”
Excerpted from an issue of The Dollar Vigilante dated July 11, 2012 -Spain’s Leading Austrian School Economist Hails Euro as Next Best Thing to Gold- As I mentioned above, one of the factors weighing on the hard assets theme (and gold
