When masks would have helped us fight coronavirus early, our supposed betters misled us. When the stakes are highest, the truth counts the most. Or maybe when things get really serious, that’s when the people really can’t be trusted with the truth. It’s pretty clear which of these two ideas is […]
Despite playing in some of the best leagues in the world, James Sixsmith was broke. So he started a side hustle to create a life after the game. James Sixsmith loved hockey, but in the end, hockey didn’t love him back. Like many talented players who grind it out as a […]
We must not blame globalization for the risk-management failures of national governments The centuries-long rise of free trade and globalization has created the healthiest and wealthiest world population in history. This indisputable truth is now being undermined with claims that the COVID-19 pandemic suggests this glorious economic history must now […]
The International Monetary Fund may launch a new program to help address the global shortage of dollars, providing a backup to the Federal Reserve’s campaign to keep greenbacks flowing around the world economy. IMF Managing Director Kristalina Georgieva is preparing to offer short-term dollar loans to countries that lack enough […]
“Of course, none of the politicians or bureaucrats who want to deprive people of their property and their employment will lose their jobs. Their taxpayer-funded salaries are quite safe. (At least until state and local tax revenues collapse.) But so far, I’ve heard of no governor willing to forego his […]
With confirmed cases of Covid-19 globally exceeding 1 million and more countries going into lockdown to slow the pandemic, the emerging question is: “When will this all end?” The answer depends in large part on uncertainties about the novel coronavirus that causes the disease, including whether you can get it […]
For years, gold bugs were relegated to the fringes of financial markets. Often viewed by mainstream investors as tinfoil-hat conspiracists with basements full of beans and bottled water, their warnings sounded apocalyptic: a coming collapse in financial assets, widespread devaluation of paper money and global disasters that erode civil liberties. […]
If a government wishes to alleviate, rather than aggravate, a depression, its only valid course is laissez-faire — to leave the economy alone. Only if there is no interference, direct or threatened, with prices, wage rates and business liquidation, will the necessary adjustment proceed with smooth dispatch. — Murray Rothbard, America’s Great Depression The […]
It has been affirmed that Canada should become less dependent on foreign trade and the importation into this country of much of what is vital and that it becomes scarcer in times of crisis such as the current public health emergency. It is clear that previously Canada could have become […]
Undoubtedly, a speech of almost 86 years may seem a strange thing to mention, but there are not many precedents to which the world can draw when it comes to the economic effects of the coronavirus pandemic. The recent Great Recession could be a logical benchmark for the current crisis, […]