1.Le calcul économique Dans une économie complexe, la monnaie, les échanges, et la propriété privée des moyens de production permettent le calcul économique. Ainsi, un entrepreneur saura s’il a alloué avec succès les ressources productives à sa disposition en comparant
The Lamps Are Going Out
Reprinted from Taki’s Magazine Last night the streetlights in my pleasant little English market town were switched off at midnight. In fact they’ve been switching them off at midnight for two months, but I have not been here to notice it. However, in
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Outlawing “Bankruptcy” in Europe
The European Union (EU) is currently discussing banning “bankruptcy.” Not the actual financial act, but the word. Apparently there is a stigma attached to going bankrupt. It leaves people thinking that perhaps you are not credit worthy and that they
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More French Fury
Two years ago, the French government lost its precious AAA bond rating from Standard and Poor’s. Last week the agency cut the beleaguered nation’s credit rating again, this time from AA+ to AA. As recently as August, French President Francois
Forget About Reinhard & Rogoff
Ever since a minor spreadsheet error was discovered in a 2010 study evidencing the plainly obvious fact that increased debt loads hinder economic growth, pundits from the left have been gleefully jumping over this molehill pretending it’s a mountain. Apparently
Privatize the CBC? They can’t even do a proper cost-benefit analysis
The Globe and Mail commented today that the CBC published a consultant’s report showing that the broadcaster “has a $3.7 billion economic impact every year, while a privatized version without the parliamentary grant would produce only $1.1 billion in economic
Enseigner le gouvernement aux enfants
Les enfants sont des êtres curieux. À chaque jour, ils veulent connaître quelque chose de nouveau. Il se pourrait même qu’ils vous questionnent sur le gouvernement. Si cela arrive, plutôt que de vous fier aux contes de fées genre La
Taxer les riches : un non-sens
La misère des riches Les années se suivent et se ressemblent chez les partisans de l’intervention de l’État. Le Centre canadien de politiques alternatives (CCPA) a sorti un rapport1 décriant (encore) que les chefs d’entreprises gagnent trop. En effet,




