Category Archive: 6b.) Mises.org
How California’s Government Plans to Make Wildfires Even Worse
Not every square inch of the planet earth is suitable for a housing development. Flood plains are not great places to build homes. A grove of trees adjacent to a tinder-dry national forest is not ideal for a dream home. And California's chaparral ecosystems are risky places for neighborhoods.
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Blue Laws: Consumers, Not Capitalists, Are the Reason We’re Working on Sunday
It has now become commonplace for politicians and media pundits to casually assert that "everyone" — to use Alexandria Ocasio-Cortez's term — is now working more and more hours — and perhaps two or three jobs — just to attain the most basic, near-subsistence standard of living.
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#14 Grüne Geldpolitik: Die Globalisten erobern jetzt die EZB – Golden Times
EZB-Präsidentin Christine Lagarde will in Zukunft „grüne Geldpolitik“ betreiben – was könnte das für mögliche Folgen haben? Chefvolkswirt des Degussa, Dr. Thorsten Polleit erklärt, welche Gefahren hier für die Wirtschaft lauern. Außerdem: Der Aufwärtstrend beim Goldpreis bleibt intakt – in einem Interview mit Daniel Kuckelkorn erklärt Polleit, warum Gold auch in Zukunft mächtig anziehen wird. …
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The Cultural Consequences of Negative Interest Rates
Negative interest rates are now entrenched reality in Europe, and not just for buyers of sovereign or corporate debt – even retail savings accounts are affected. What does this mean for real people trying to save for retirement? And more broadly, what does it mean for Europe culturally? Not to mention America, since Alan Greenspan tells us negative rates are coming here soon?
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Marktbericht Mi. 04.12.2019 – DAX erholt sich, Halver, Thieme, Schmitz, Polleit im Interview
Was macht der DAX nach der Talfahrt in dieser Woche? Er erholt sich wieder und zwar ein ganzes Stück: 1,2 % Plus auf 13.141 Punkte sehen doch gleich schon wieder etwas besser aus. Der Handelskrieg spielt weiterhin eine wichtige Rolle, brachte heute aber keine neuen Verwerfungen hervor. Die Einkaufsmanagerindizes aus China waren erneut sehr gut. …
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Exports: Currency Devaluation Won’t Grow the Economy
A visible weakness in economic activity in major world economies raises concern among various commentators that world economies have difficulties recovering despite very aggressive loose monetary policies. The yearly growth rate of US industrial production stood at minus 1.1 % in October, against minus 0.1% in September, and 4.1% in October last year.
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Per Bylund on the Economics of Value versus Economies of Scale
Good economic theory predicts effective, cutting edge business practices. For example, the dynamic flexibility of capital resource allocation predicted by Austrian Capital Theory is being realized today via digitization, dematerialization and agile organizational innovations. Entrepreneurs who fully embrace Austrian theory can be leaders in the field of business implementation. At the same time, economic theory …
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Politicians Want Thanksgiving To Be Political. Ignore Them.
Often, government-created holidays begin with a good premise — i.e., Independence Day, Armistice Day — and get worse from there. On Independence Day, instead of celebrating armed rebellion and secession, we now sing the praises of the government. Similarly, Armistice Day — a day designed to commemorate the end of a war — became Veterans Day, a day designed to honor government employees.
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The Hidden Link Between Fiat Money and the Increasing Appeal of Socialism
What causes the seemingly unfounded confidence in socialism we encounter more and more in the news media and among political activists? In the Extinction Rebellion movement, for example, activists are quite certain they have learned that there is an alternative to markets as the means to economic prosperity. It's a means that does not involve meeting the legitimate needs of one's fellow men in the marketplace.
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Capital Accumulation, Not Government, Is the Key To Technological Innovation
According to Mariana Mazzucato, the RM Phillips Professor in the Economics of Innovation at the University of Sussex, government is an important factor in the promotion of innovation and thus economic growth. In particular, she challenges the popular view that innovation happens in the private sector, with governments playing a limited role. Many commentators regard her as a revolutionary thinker that challenges the accepted dogma regarding the...
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Money-Supply Growth Accelerates to 28-Month High
The money supply growth rate rose in October, climbing to a twenty-eight-month high. The last time the growth rate was higher was during July of 2017, when the growth rate was 5.07 percent. During October 2019, year-over-year growth in the money supply was at 4.95 percent. That's up from September's rate of 3.10 percent, and was up from October 2018's rate of 3.49 percent.
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There Is No End to History, No Perfect Existence
All doctrines that have sought to discover in the course of human history some definite trend in the sequence of changes have disagreed, in reference to the past, with the historically established facts and where they tried to predict the future have been spectacularly proved wrong by later events.
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Große Krisen als Folgen der Zentralbankpolitiken (Thorsten Polleit) | Ep. 18
Ein Referat von Thorsten Polleit mit dem Titel „Große Krisen als Folgen der Zentralbankpolitiken“, gehalten am 17. Oktober 2019 auf der Konferenz und Buchvernissage „Explosive Geldpolitik“ des Liberalen Institutes in Zürich. Mises Karma – Der freiheitliche Podcast. Folgen Sie uns auf: Spotify: https://open.spotify.com/show/7aEesbxMSiumcGi5ob1tWo Deezer: https://www.deezer.com/show/382142 iTunes:...
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The Deep State: The Headless Fourth Branch of Government
School children learn that there are three branches of government: the legislative, executive, and judicial. In actual practice, however, there are four branches of government. The fourth is what for decades now has been called a "headless fourth branch of government," the administrative state.
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Freedom Means a Right to Discriminate
Should employers have the right to discriminate in hiring on the basis of obesity? The Washington State Supreme Court recently ruled that “it is illegal for employers in Washington to refuse to hire qualified potential employees because the employer perceives them to be obese.”
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Does Economic Theory Work in Business?
Marketing guru and fund investor Hunter Hastings joins the Human Action podcast for a look at Economics for Entrepreneurs, a new platform which uses Austrian theory to teach actionable entrepreneurship. Can business acumen be taught, or is it innate? Hunter and Jeff examine consumer sovereignty, value creation, and the theory of the firm, all from a unique Austrian perspective.
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Don’t Want a Liquidity Trap? More Saving Is the Answer
With interest rates in many countries close to zero or even negative, some commentators are of the view that monetary policy of the central banks are likely to become less effective in navigating the economy. In fact it is held that we have most likely reached a situation that the economy is approaching a liquidity trap. But what does this mean?
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Interview mit Herr Dr. Polleit am 09.11.2019 auf dem Börsentag Hamburg
Die Niedrigzinspolitik ist inzwischen bei jedem Marktteilnehmer angelangt. Verschiedene Banken betreiben mittlerweile Null- und Negativzinspolitik. Kann das ein Dauerzustand sein und welche langfristigen Folgen hat das? Thorsten Polleit, Chefvolkswirt der Degussa Goldhandel GmbH, im Interview mit Börsenradio Network AG auf dem Börsentag Hamburg 2019.
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Globalist-Endorsed War on Cash May Be China’s Next Terrifying Weapon
Recent protests in Hong Kong, along with the resulting fall out from international corporations questioned for their relationships with mainland China, has placed a renewed focus on the authoritarianism of the Chinese Communist Party. This has led to several articles identifying ways in which Western countries have learned from the CCP, including Europe's growing embrace of web censorship and growing interest in the social credit system rolled out...
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