Why I Refuse to Celebrate Canada Day

I refuse to celebrate Canada Day (July 1st)–as a matter of principle. While I recognize Canada as one of the better countries to live in, this relative evaluation doesn’t justify the gross injustices caused by the policies of our three levels of...

Focus Investing: The Warren Buffett Way

An excerpt from The Warren Buffett Way, Second Edition by Robert G. Hagstrom. Status Quo: A Choice of Two The current state of portfolio management, as practiced by everyone else, appears to be locked into a tug-of-war between two competing strategies — active...

Multiculturalism Breeds Terrorism

On June 2, 2006, seventeen Muslims, including five juveniles, were arrested in Canada for planning major terrorist attacks on Canadian soil against innocent people. Because these were “homegrown” Islamic terrorists, blame was rightly directed towards...

Economics and Statistics

An interesting question in economics is the proper role of statistics. Ludwig von Mises is my favourite economist, yet he held that statistics have no valid role in formulating or validating economic theory. It’s interesting to explore his reasons. First, Mises...

“Market Failure” Doesn’t Exist

In a recent column in Canada’s National Post (June 10, 2006), “economist” and author Mark Jaccard of Simon Fraser University argued that (alleged) manmade global warming represents a “market failure” that must be corrected by government...

An Energy Lesson from Cuba and China

An unlikely political figure is willing to fight for lower gas prices. His name: Fidel Castro.He’s working with foreign investors, including China, to find oil off the Cuban coast, close to American waters.In contrast, American companies aren’t looking for...