The Avocado Ban Shows the High Cost of Nontariff Protectionism
Last Sunday, US regulators suspended avocado imports from Mexico after a US inspector in Michoacán allegedly "received a threatening message on his official cellphone." The US government claims this alleged threat was the catalyst for the ban, since, according to the US
Canada Nice No Longer: Trudeau’s Totalitarian Response to Trucker Protests
On February 14, Canadian deputy prime minister and minister of finance Chrystia Freeland announced a government crackdown on the now infamous “Freedom Convoy 2022.” Freeland stated, “If your truck is being used in these illegal blockades, your corporate accounts will be frozen,
Lord Acton on Slavery and the War between the States
Lord Acton was one of the greatest classical liberal historians of the nineteenth century, but his view of the War between the States has in some circles occasioned dismay. Acton, in a letter of 1866 to Robert E. Lee, said,
Weimar and Wall Street
What is the relationship between Weimar Germany and Wall St. of the late 90s? On the surface, what could be more different? Stock market booms are the best of times while hyperinflation is a nightmare. In a previous essay, I presented
Can Canadian Truckers Take Down the Tyrannical Trudeau?
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Ash Navabi, a Canadian economist. Ash breaks down the differences in culture and political traditions between the US and Canada, and offers his take on the
Should Government Be Your Stockbroker? Maybe So, Says Bloomberg
The government and its supporting lackeys would like us to believe they are our knights in shining armor protecting us against the unexpected evils of the world. We supposedly can trust that they’ll show up and keep us safe. If the
Here in Canada, the Regime Considers a Peaceful Protest a “National Emergency”
On February 14, Justin Trudeau invoked emergency powers to crack down on the peaceful truckers' protest in Ottawa. The Emergencies Act became law in 1988, and it has never been used until now. The act contains “a specific definition of “national emergency”
In the Age of Covid, We’re Reminded an Unjust Law Is No Law at All
It has become something of a habit in both the American and Canadian media to insist that the Canadian trucker protest against vaccine mandates is an "illegal protest." They are "illegal border protests" one American news affiliate proclaims. Canada's National
The “New Economists” and the Great Depression of the 1970s
During the 1960s, when Keynesian economics came to truly dominate the economics profession, there was a large influx of these "new economists" into government. The disastrous results included the "keynesianisation" of the economy and what is best described as an
Money and Savings Are Not the Same Thing
In the National Income and Product Accounts (NIPA), savings are established as the difference between disposable money income and monetary outlays. Disposable income is defined as the summation of all personal money income less tax payments to the government. Personal