Leave both the European Union (EU) and the European Monetary Union (EMU). These are very flawed institutions. In his prescient book Tragedy of the Euro, Professor Philip Bagus uses the term “misconstructed”, which I think is very descriptive of
Trade 
Trade Autarky: Do It For the Children!
Walking out of the grocery store today I saw this sticker: What was impressive about this sentiment is that it doesn’t even focus on a trade deficit. No, just the brute fact of buying imports per se is (apparently)
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The Threat to the Dollar as the World’s Primary Reserve Currency
(Following is the text of a speech given today at Drake University at the annual convention of the Iowa Association of Political Scientists.) The Threat to the Dollar as the World’s Premier Reserve Currency …but does it really matter?
Denmark joins Switzerland in mad rush to destroy its currency
Denmark promises to match the ECB’s money printing craze First the normally sane Swiss promise to match the European Central Bank’s money printing mania. Now the Danes’ have succumbed to the same insane fever. These central bankers harbor the fallacious
Planning begins for a euro-free Europe
From today’s Open Europe news summary: In an interview with RTL, Dutch Finance Minister Jeroen Dijsselbloem admitted that the Dutch government looked at what would happen if plans to save the euro “didn’t succeed”. His predecessor Jan Kees de Jager added separately
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Will Foreign Loans Make Us Rich?
[Reprinted from Will Dollars Save the World? (1947)] One of a number of posters created by the Economic Cooperation Administration, an agency of the US government, to sell the Marshall Plan in Europe. Note the pivotal position of the American flag.
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“Outsourcing” Makes Us Richer
Reprinted from The Freeman This short video, put out by the Million Jobs Project, currently has more than 3.7 million views. It claims that US producers have been outsourcing jobs abroad in order to fatten their profits. It urges viewers
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Trade does not need to be managed
From today’s Open Europe news summary: Writing in the Telegraph, London Mayor Boris Johnson argues that “It is clear that 25 years ago we made a miscalculation about one of the consequences of EU enlargement. We were right to want to
How Regulated is Canadian Agriculture?
The 2014 Farm Bill has been passed. While some are complaining that the newest iteration of the Bill did not retain enough of the provisions from the previous, 2008 version, some are claiming that even passing it was quite an
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On Low-Skilled Foreign Workers
As nations compete to win the global talent race, the benefits of high skilled immigration seem clear to policy makers and leaders in Canada. However, when it comes to low skilled immigration, much controversy remains. The furor over waitresses in
A Question for Ford Motor Company
Re: Ford threatens to leave Britain if Britain leaves the EU Would Steve Odell change his mind if, at the same time that Britain left the EU, it adopted unilateral free trade? I don’t see why he would not (change
Two Economic Lessons
From today’s Open Europe news summary: In a new report released today Business for Britain calls for UK firms which do not export to the EU to be exempt from EU regulation as part of a renegotiation over the UK’s
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Gold for Cash!
Need to balance the books? Why not sell your gold? This is the route the federal government is taking. The Conservatives plan to sell and/or melt over 200,000 gold coins. A majority of these coins date from 1912 to 1914.
Why doesn’t the EU just eliminate its import duties?
Re: EU seeks “time for reflection” after Vilnius summit failure I found this statement by EU Commission President Manuel Barroso to be particularly insightful: “This Agreement would save Ukrainian business some €500 million a year just in import duties,” Barroso
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Online Black Market “Silk Road” Shut Down; FBI Connects Owner to the Mises Institute
![618px-Silkroadmain[1]](../../../wp-content/uploads/2013/10/618px-Silkroadmain1-120x69.jpg)
The online black market Silk Road, that served as a haven for those interested in purchasing illicit materials (along with perfectly legal goods like books and clothes), has been seized and shut down by the FBI, along with the arrest
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A Jacobian Theory on the Origin of the Market & the State
Jane Jacobs was an American-Canadian journalist, author, and activist best known for her work on urban studies. Her best known work, The Death & Life of Great American Cities, should be of interest of libertarians everywhere. Her concepts such as,
Ontario, BC & Ottawa Come Together On Financial Market Regulations
In 2011 the Supreme Court of Canada ruled that the Harper Government can’t force a national securities regulator on the provinces. So in 2013, Finance Minister Flaherty has presented an agreement that, “represents the best of what can be achieved
Canmore’s Rabbit Problem
Rabbits plague the town of Canmore. They’ve been around for years, the result of a municipal failure. Someone once had a lot of rabbits on his property; this went against the town’s by-laws. After an unsuccessful legal battle, the rabbit
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Cuba: The Revolution Continues
Recently, the media has been abuzz with the story of Jay-Z and Beyonce’s visit to Cuba. Like Dennis Rodman’s visit to North Korea, it is beginning to appear as though the Obama administration’s new tools of foreign policy are coming
