Category Archive: 6b.) Mises.org

The Seen, the Unseen, and the Unrealized | Per Bylund

Support Per Bylund’s next book, *Austrian Economics: A Primer" at https://Mises.org/AustrianEconPrimer. Recorded at the Mises Institute in Auburn, Alabama, on 22 July 2021.

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Economy, Society, and History

In June 2004, Professor Hoppe visited the Mises Institute in Auburn to deliver an ambitious series of lectures titled Economy, Society, and History. Over ten lectures, one each morning and afternoon for a week, Dr. Hoppe presented nothing short of a sweeping historical narrative and vision for a society rooted in markets and property.

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Der freie Markt: ein Segen, kein Fluch (Murray N. Rothbard) | Ep. 59

Ein Auszug aus dem Kapitel „Back to the Jungle?“ aus dem Buch „Man, Economy, and State“ aus dem Jahre 1962 von Murray N. Rothbard. Aus dem Englischen übersetzt von Vincent Steinberg.

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European Unification as the New Frontier of Collectivism: The Case for Competitive Federalism and Polycentric Law

Frankfurt, Bremen, Hamburg, Luebeck are large and brilliant, and their impact on the prosperity of Germany is incalculable. Yet, would they remain what they are if they were to lose their independence and be incorporated?”— Johann Wolfgang von Goethe1

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Die optimale Geldmenge (Murray N. Rothbard) | Ep. 51

Ein Auszug aus dem Buch „The Case Against the Fed“ aus dem Jahr 1994 von Murray N. Rothbard. Aus dem Englischen übersetzt von Arno Stöcker für das Ludwig von Mises Institut Deutschland.

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Forced Vaccinations in France Bring Both Repression and Protest

In a speech to the nation just ahead of Bastille Day on July 14 celebrating the French Revolution, President Emmanuel Macron delivered a paradoxical blow to the Republic’s famous slogan: Liberté, égalité, fraternité. He announced a series of measures to speed up the pace of covid-19 vaccinations which undermine individual liberties and threaten a strong political and economic backlash.

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Portrait of an Evil Man: Karl Marx

In the "German Democratic Republic" they tell the story about a weary old man who tries to gain entrance into the Red Paradise. A Communist Archangel holds him up at the gate and severely cross-questions him.

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Fiat Money Economies Are Built on Lies

Now and then, it pays to take a step back to get a broader perspective on things, to look beyond the daily financial news, to see through the short-term ups and downs in the market to find out what is really at the heart of the matter. If we do that, we will not miss the fact that we are living in the age of fiat currencies, a world in which basically everything bears their fingerprints: the economic and financial system, politics—even people’s...

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Paying People Not to Work Won’t Make Us Richer

One of the most important principles of economics is that people respond to incentives. You get more of whatever you incentivize. You get less of whatever you disincentivize. This is irrefutable. The supplemental unemployment payment does both—it incentivizes people not to work, and simultaneously disincentivizes them from working.

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America’s Great Depression by Murray N. Rothbard. Complete Audiobook.

Rothbard opens with a theoretical treatment of business cycle theory, showing how an expansive monetary policy generates imbalances between investment and consumption. He proceeds to examine the Fed's policies of the 1920s, demonstrating that it was quite inflationary even if the effects did not show up in the price of goods and services.

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What Is the Purpose of the Economy? Carl Menger Explains.

This second part of the series about the Principles of Economics treats Menger’s exposition of the economy. In continuation of the first part, which covered the general concept of goods, the part on the economy treats the role of economic goods in relation to human wants.

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Interview mit Dr. Thorsten Polleit – Degussa Goldhandel

Dr. Thorsten Polleit von Degussa Goldhandel über Corona, das Klima, „The Great Reset“ und mögliche Folgen für die Kapitalanlage auf dem PLATOW EURO FINANCE Family Office Forum.

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Review: Sohrab Ahmari’s New Attack on Laissez-Faire Liberalism

Sohrab Ahmari’s new book The Unbroken Thread: Discovering the Wisdom of Tradition in An Age of Chaos is so disappointing I don’t know where to begin. This may seem to be a harsh invective, but in reality, it is a confession. My previous attempts to review this book have resulted in little more than hours and hours of frustration and discarded drafts.

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Cryptocurrencies and China Imperil the Reserve Currency Status of the US Dollar

In his book Denationalisation of Money, F.A. Hayek argued that governments have never devoted their power to providing proper money over time. They “have refrained from grossly abusing it only when they were under such a discipline as the gold standard imposed.”

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The Phillips Curve Myth

According to a popular way of thinking, the central bank can influence the rate of economic expansion by means of monetary policy. It is also held that this influence carries a price, which manifests itself in terms of inflation.

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Keynes Said Inflation Fixed the Problems of Sticky Wages. He Was Wrong.

Britain’s economy had been suffering chronic unemployment for a decade prior to 1936. Economic theory as it was then understood clearly showed that the cause of a market surplus was sellers asking a price in excess of what buyers are willing to pay.

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Money Supply Growth Dropped in May to a 15-Month Low

Money supply growth slowed again in May, falling for the third month in a row, and to a 15-month low. That is,  money supply growth in the US has come down from its unprecedented levels, and if the current trend continues will be returning to more "normal" levels.

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Experts Said Ending Lockdowns Would Be Worse for the Economy than the Lockdowns Themselves. They Were Wrong.

Here’s something we often heard in 2020 from experts who wanted long and draconian covid lockdowns: “Yes, these say-at-home orders are causing economic turmoil, but if you don’t lock everyone down now—and keep them locked down for a long time—your economy will be even worse off!”

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Inflation Is a Form of Embezzlement

Monetary inflation is just a type of embezzlement. Historically, inflation originated when a country’s ruler such as king would force his citizens to give him all their gold coins under the pretext that a new gold coin was going to replace the old one. In the process of minting new coins, the king would lower the amount of gold contained in each coin and return lighter gold coins to citizens.

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The Fed’s Power over Inflation and Interest Rates Has Been Greatly Exaggerated

It is widely held that the central bank is a key factor in the determination of interest rates. By popular thinking, the Fed influences the short-term interest rates by influencing monetary liquidity in the markets. Through the injection of liquidity, the Fed pushes short-term interest rates lower. Conversely, by withdrawing liquidity, the Fed exerts an upward pressure on the short-term interest rates.

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