Back in 2000, the PC government of Ralph Klein purported to “deregulate” the electricity industry, with the promise that more competition and the free market would provide more choice and better prices for Albertans. But something went wrong. Today, although many power plants have been built and the total installed base of power generation …
Category Archive: Freedom
Dec
08
There will be no Deus Ex Machina
Tyler Durden at ZeroHedge has provided a link to a very good article at Gold Switzerland: With most of the world’s major economies as well as the financial system bankrupt, there is only one solution that can save the world economy. Like in the Greek tragedies, Deus ex Machina is now the only way that …
Nov
18
On Government Spending and Debt
Recently, the discussion in Europe about the need for austerity programs and higher taxes has continued to use the original Euro currency agreement, which allowed governments to run deficits of 3% of GDP. This was foolish from the beginning, but is especially foolish now that the governments of Europe find themselves nearly bankrupt. How does …
Nov
13
Occupy, the Keystone XL non-decision and Mob Rule
In recent days, there has been a number of actions that caused me to piece together something. First, the Occupy movement, which has taken over city squares and parks across North America, is generally a rag-tag band of socialists, communists, anarchists and other people who don’t understand economics. I do not begrudge anyone their …
Nov
01
Slouching toward a Great Depression
Monty Pelerin at AmericanThinker had a great column yesterday, where he explains clearly the coming economic collapse: We are headed for an event that history will record as worse than the Great Depression. It is unavoidable… The principal reason for the dire prediction is the level of debt outstanding. Current debt levels are simply not sustainable. …
Nov
01
Let the Greek people vote
The markets in turmoil, and European leaders are crying foul over Papandreiou’s pledge to hold a referendum on the bailout package. Yet the right answer is to let the Greeks vote. Greece gave us democracy and we should honour their rights. All economic actors, whether individuals, corporations or nations, should be free to act in …
Oct
22
On the “Occupy” Protests
Today on Roy Green’s radio show, he discussed the Occupy protests in New York and other cities, and he had on a caller who argued that (my paraphrase): Our elected representatives should be the People’s representative, not the Corporations’ representatives. The government shouldn’t pass laws that limit individual freedoms. I could agree with that – …
Oct
02
Replace Multiculturalism with Common Law Liberties
Bill Flax at Forbes writes: A history professor once postulated that the most pivotal battle shaping America’s destiny was not Yorktown or Gettysburg, but Quebec in 1759. There General Wolfe demolished French claims to Canada, which confirmed that America would develop decisively within the Anglo-protestant mold. The latest Economic Freedom of the World rankings (for 2009) highlight the …
Oct
02
Excessive Government Regulation
I found this tag on the stroller we push our son around in: First of all, in a state as financially troubled as California, they can still afford their own “Bureau of Home Furnishings“? At first I was terrified that this department of the State of California had at least 117 technical bulletins on Home …
Aug
15
Book Review: The Original Argument
The Original Argument was not, as it leads one to believe from the cover, written by Glenn Beck. It was largely compiled by Joshua Charles, a student at the University of Kansas who heard Beck’s call for some to “translate” the Federalist Papers into modern English so more people could appreciate them. As far …