Mises Canada

Mises Canada

Category: Content
Type: Blog Article

Generated 1 week ago

New blog articles detected

  • Explaining boardroom mega-bucks

    The basic pay of most employees is governed by industrial and professional norms, and is relatively stable over time when so-called “inflation” adjustments are factored in. Almost unbelievably, today’s average hourly wage has the same buying power as it did 45 years ago! By contrast, executive remuneration in the largest companies is determined far more […]

  • Trump on Time

    In investment circles the magazine-cover indicator, created by the late Paul Macrae Montgomery, is a contrary indicator essentially telling investors when an investment theme or fad has reached its peak. It’s similar to the skyscraper index that Mark Thornton of the Mises Institute writes about often and effectively.  “Building booms—especially in the context of big […]

  • How to Think Like an Economist

    This article is excerpted from The Logic of Action One: Method, Money, and the Austrian School (Cheltenham, UK: Edward Elgar, 1997), pp. 58–77. Reprinted from Mises.org. Praxeology is the distinctive methodology of the Austrian School. The term was first applied to the Austrian method by Ludwig von Mises, who was not only the major architect […]

  • How Government Inaction Ended the Depression of 1921

    Reprinted from Mises.org As the financial crisis of 2008 took shape, the policy recommendations were not slow in coming: why, economic stability and American prosperity demand fiscal and monetary stimulus to jump-start the sick economy back to life. And so we got fiscal stimulus, as well as a program of monetary expansion without precedent in […]

  • The Snare of Government Subsidies

    Reprinted from Mises.org In 1977, Lew Rockwell was the editor of Private Practice, a journal of medical economics. That year, he put together three teams of speakers to present evening seminars for physicians in three dozen cities. The teams made the case against tax-funded medicine. On each team was a physician from Canada, one from […]

  • Who Was the Founding Father of the Fourth Amendment?

    Reprinted from FEE.org February 5 marks the birth of the American who had the greatest hand in what became the 4th Amendment’s prohibition of unreasonable searches and seizures – James Otis. Unfortunately, “one of the most passionate and effective protectors of American rights” is too-little remembered today. Otis’ efforts applied the celebrated English maxim, “Every […]

Mises Canada

Category: Content
Type: Blog Article

Generated 2 weeks ago

New blog articles detected

  • The Socialism of Mr. Shaw

    [A review of George Bernard Shaw, Everybody’s Political What’s What? (New York: Dodd, Mead & Co., 1944), Economic Council Review of Books, Volume II, no. 6, February 1945, published in New York by the National Economic Council. Reprinted from Mises.org] There is nowadays a tendency to regard Mr. George Bernard Shaw as somewhat a back […]

  • A Tribute to F.A. von Hayek

    Originally published in Appendix Two from Margit von Mises, My Years with Ludwig von Mises; pages 213 – 216. Reprinted from Mises.org I am sorry that a combination of causes – geography, my busy schedule and no less my age – make it impossible for me to attend this gathering. If I were able to […]

  • First in Line for New Money

    Reprinted from Mises.org The world of high finance was still in full flight in February 2007. The cracks in the mortgage market had not yet begun to show and Stephen Schwarzman’s Blackstone Group had just completed its $39 billion purchase of Equity Office Properties in what was the largest leveraged buyout ever. There was plenty […]

  • Theresa May leads the singing of Kumbaya in Davos

      (Here’s my response to British Prime Minister Theresa May’s speech at the recent World Economic Forum in Davos, Switzerland. Find the full text of her speech below my comments.) Oh, boy…where to start?… If May wants to promote free trade and globalization, then why not just declare unilateral free trade for Britain and forget about […]

  • Why NAFTA Isn’t Free Trade

    On many occasions, United States President Donald Trump has expressed skepticism about several international trade deals, including North American Free Trade Agreement (NAFTA).  Last week Wilbur Ross, chosen by President Trump to reshape U.S. trade policy informed the Canadian federal government that rules of origin and independent dispute tribunals will be central to talks aimed […]

  • How David Ricardo Became Wealthy and Wise

    Reprinted from FEE.org David Ricardo (1772-1823) was one of the most influential economic theorists of the first half of the nineteenth century. Born in London, England, his father’s family were orthodox Jews originally from Portugal who had moved to England from Holland. His father was a highly successful stockbroker. David Ricardo learned the family business, […]

  • Why Did Leon Trotsky Favor Eugenics?

    Reprinted from FEE.org The unending process of getting history online has produced vast revelations. The latest discovery to amaze me is an article by Russian communist Leon Trotsky from 1934, as printed in the publication Liberty: “If America Should Go Communist.” Trotsky, beloved then and now as the Menshevik and later Bolshevik leader, wrote this […]

  • Life, Liberty, and …

    [This article originally appeared in Scribner’s in March 1935; it is now the introduction to Our Enemy, The State. Reprinted from Mises.org] For almost a full century before the Revolution of 1776, the classic enumeration of human rights was “life, liberty, and property.” The American Whigs took over this formula from the English Whigs, who […]

  • The Essential Problems of Human Existence

    [This article is excerpted from chapter 39 of Human Action: The Scholar’s Edition. Reprinted from Mises.org] 1. Science and Life It is customary to find fault with modern science because it abstains from expressing judgments of value. Living and acting man, we are told, has no use for Wertfreiheit; he needs to know what he should […]

  • The Problem with Taxing Netflix

    According to Dean Beeby, a reporter with CBC news, the federal government in Canada is contemplating the implementation and enforcement of sales taxes on foreign digital vendors such as Netflix.  I am not a Netflix subscriber, but many are.  The company generated revenues of US$6.8 billion in 2015 satisfying more than 86 million customers of […]

  • The Dirty Secrets of Socialism

    Reprinted from LewRockwell.com Parents of college-age children are finally catching on to the cultural Marxist PC scam.  Cries of “insensitivity” every time a conservative or libertarian speaker appears anywhere near a college campus; “safe rooms” equipped with play dough, soft music, and videos of frolicking puppies; the endless accusations of “racist/sexist/homophobe” aimed at all non-leftists [...

  • The Ethics of Entrepreneurship and Profit

    Reprinted from Mises.org In the most fundamental sense we are all, with each of our actions, always and invariably profit-seeking entrepreneurs. Whenever we act, we employ some physical means (things valued as goods) — at a minimum our body and its standing room, but in most cases also various other, “external” things — so as […]

  • Hitler’s Economics

    Reprinted from LewRockwell.com For today’s generation, Hitler is the most hated man in history, and his regime the archetype of political evil. This view does not extend to his economic policies, however. Far from it. They are embraced by governments all around the world. The Glenview State Bank of Chicago, for example, recently praised Hitler’s […]

  • What is Poverty?

    Reprinted from City Journal What do we mean by poverty? Not what Dickens or Blake or Mayhew meant. Today, no one seriously expects to go hungry in England or to live without running water or medical care or even TV. Poverty has been redefined in industrial countries, so that anyone at the lower end of […]

  • RIP Ralph Raico

    Ralph Raico died on Dec. 13, 2016. I first met Ralph Raico in 1952, when we were both 15 years old and students at The Bronx High School of Science. The occasion was the school’s mock political convention for that presidential election year. I was the speaker for Sen. Robert Taft, the most prominent conservative […]

Mises Canada

Category: Content
Type: Blog Article

Generated 4 months ago

New blog articles detected

  • Are Silicon Valley’s Chaos Makers Smart or Insane?

    Reprinted from FEE.org To the uninitiated, Silicon Valley’s products keep coming and improving. It’s as if the congregation of tech brainpower is incapable of making a mistake. Everything they make turns to gold it seems. Actually, that’s an illusion. Entrepreneurs pitch an endless stream of Ideas. Everyone argues over which can work. A few attract […]

  • Grateful Remembrances of My Government High Schooling

    Reprinted from the Independent Institute I do not speak Spanish fluently. Indeed, I am often at a loss for the right words, not to mention a proper conjugation of the verbs, and I frequently fail to understand what people say to me. Yet all in all, I am astonished that, living in a part of […]

  • The Recent Corruptions of the English Language

    Reprinted from International Man Let’s discuss words. Many of the words you hear, especially on television and other media, are confused, conflated, or completely misused. Many recent changes in the way words are used are corrupting the language. The corruption of language is adding to the corruption of civilization itself. Words are extremely important because […]

  • The Significance of Mises’s Socialism

    Reprinted from FEE.org That Ludwig von Mises was one of the greatest economists of the 20th century should never be doubted. Mises never worked in scientific or popular obscurity despite the various mythologies that are told on both left and right. Prior to World War I, Mises had established himself as a leading economic theorist […]

  • Mises’s Treatise on Socialism that Keeps on Giving

    Reprinted from FEE.org Ludwig von Mises’s Socialism (1922) is a legendary classic, but sometimes that can be the worst possible fate to befall a work. It’s a tragic thing when a great work becomes a symbol or a slogan, rather than something people really study and learn from. Based on an informal poll I’ve taken […]

Mises Canada

Category: Content
Type: Blog Article

Generated 5 months ago

New blog articles detected

  • Trump is Wrong on Trade

    Trumps claims (see here) that America has lost high paying manufacturing jobs to China because the communist country promotes its exports through subsidies, tax advantages and currency manipulations. The reality is that we should not care what China does. The more China subsidizes its industries, the more its trading partners gain in the abundance of […]

  • Let’s make oil our friend, not our enemy. It is Earth’s precious gift

    There cannot be shortage of a good if entrepreneurs figure out how to maximize its use. There cannot be redistribution of a good, only an expansion of it, using entrepreneurial creative processes of the mind, heart and a commitment to fulfilling humans’ needs. Redistribution only creates poverty whereas entrepreneurship creates wealth for everyone. To put […]

  • Keynes: The Crackpot Economist of ZIRP

    Reprinted from GaryNorth.com John Maynard Keynes was a crackpot. So are his followers. All of them. I can hear the shocked response. “But, Dr. North, you’re not supposed to say such things. It’s not polite. It shows a lack of etiquette. People who say such things are themselves dismissed as crackpots.” To which I respond: […]

  • John Locke Is Needed Now More than Ever

    Reprinted from FEE.org Personal and economic freedom are under attack in the United States and in many other parts of the world. This is seen most clearly in this year’s contest for the White House. In all the rhetoric about America’s political, social, and economic problems that is heard from the lips of the Democratic and […]

  • The Skillful Professor Rothbard

    This introduction to two essays by Murray N. Rothbard — “The Mantle of Science” and “Praxeology as the Method of the Social Sciences ” — was published in a 1979 edition published by the Cato Institute. Reprinted from Mises.org All in all, I am not fully convinced that the great flood of discussion on problems […]

Mises Canada

Category: Content
Type: Blog Article

Generated 5 months ago

New blog articles detected

  • The Decline of Conversation

    [On Doing the Right Thing, chapter 3, “The Decline of Conversation.”] Reprinted from Mises.org Speaking as Bishop Pontoppidan did about the owls in Iceland, the most significant thing that I have noticed about conversation in America is that there is so little of it, and as time goes on there seems less and less of […]

  • Is Greater Productivity a Danger?

    Reprinted from Mises.org It is bad enough that opponents of the free market wrongly blame capitalism for environmental pollution, depressions, and wars. Whatever the failings of their causal theories, at least they are focused on undoubtedly bad things. We have really gone beyond the pale, though, when the market is blamed for something good. Tim […]

  • Government Medical “Insurance”

    This article is excerpted from Making Economic Sense (1995; 2007), chapter 20, “Government Medical ‘Insurance.'” Reprinted from Mises.org One of Ludwig von Mises’s keenest insights was on the cumulative tendency of government intervention. The government, in its wisdom, perceives a problem (and Lord knows, there are always problems!). The government then intervenes to “solve” that […]

  • Let Airbnb Providers Discriminate as They Please

    Reprinted from FEE.org Question to ask yourself: would you like stay in a person’s home who didn’t like you on the grounds of your race, sex, religion, or language? I would think not. For my part, I would like to know ahead of time of the person’s biases and thereby try to avoid the place. […]

  • 2016 International Conference of Prices & Markets

    The International Conference of Prices & Markets is pleased to announce the 2016 iteration of the event Saturday November 5th in Toronto, Canada. This will be the 5th anniversary of the conference, with a special opening reception marking the occasion on Friday November 4th. Read the 2015 conference Papers & Proceedings here. The International Conference of […]

  • Wartime Origins of Modern Income-Tax Withholding

    Reprinted from the Independent Institute Wars have always been the most important occasions for the introduction of new forms of taxation. At the outset of a war the state suddenly needs greatly increased revenues to pay for personnel and matériel to prosecute the war. Although governments typically increase the rates of existing explicit taxes and […]

Mises Canada

Category: Content
Type: Blog Article

Generated 5 months ago

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