The US's bombing of Caracas reiterates three key foundations of American foreign policy: the Constitution is dead, democracy is irrelevant, and the "rule of law" doesn't matter.
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Category Archive: 6b) Austrian Economics
The Venezuelan War is a Racket
Donald Trump’s war against Venezuela is truly a racket, as it looks to be little more than an attempt to loot the nation of Venezuela’s natural resources in the name of “liberation.”
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The Real Reasons the US Bombed Venezuela
The US seeks another puppet regime in South America, and all this talk about democracy, human rights, and noble causes is just cover for the exercise of raw power. But that doesn't stop Trump supporters from pretending it's all about freedom.
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Amid stubborn inflation, Bank of Japan raises benchmark rates to highest in 30 years
Japan's 10-year bond yield is now the highest its been since the 1990s. Inflation has run above above the BOJ’s 2% target for 44 straight months.
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“Merz ist eine Katastrophe mit leeren Versprechungen”
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HA TENIDO LA DESVERGÜENZA DE DECIR ESO
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Tel Aviv moves to extend ban on foreign journalists entering Gaza
Israel barred foreign journalists from reporting in Gaza after the start of the war in 2023. BTW, Israelis now openly call for censorship in the United States also.
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Right and Left: What Do They Really Mean?
Long before Soviet propaganda cynically rebranded the Nazis as “bourgeois,” and long before modern academics lazily stamped them “far-right,” Mises dismantled National Socialism with clinical precision.
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Trump’s Venezuelan Crony Capitalism
Trump justifies his war on Venezuela by saying that “they” stole “our” oil. Unpacking this claim gives us insight into Trump’s version of crony capitalism.
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Trump’s National Insecurity Strategy
President Trump’s latest national security initiative is unlikely to make the US secure from outside danger. For that matter, Trump’s own internal policies are making this country less secure.
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EE.UU. gana la guerra del dólar
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The Statism of Donald Trump
From war to tariffs to inflation, it is clear Donald Trump is a devoted disciple of the ideology of statism and interventionism. The fact he's better than the atrocious Kamala Harris doesn't change this.
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Calhoun’s Doctrine of the Concurrent Majority
Sensing the dangers of tyranny by the majority, John C. Calhoun developed the doctrine of the concurrent majority which served to limit the powers of government.
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Socialist Mamdani Inadvertently Pays Tribute to Capitalism
Zohran Mamdani held his mayoral swearing in ceremony at the now-abandoned City Hall Station that was a feature of the first New York Subway built in 1904. Unfortunately, city officials deliberately drove the subway company into insolvency and then took over.
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Do Central Banks Determine Interest Rates?
While most economists believe that central banks set interest rates, in reality, they are set by time preferences of individual actors in the economy. Central bank influences on interest rates ultimately result in setting off boom-and-bust cycles.
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SE REDUJO UN 22% EL DÉFICIT FISCAL
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„Die AfD trägt keine Schuld am Untergang Deutschlands.“
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The new president of Venezuela is a socialist who vows opposition to US invasion.
Where is the "duly elected" president we were told about? Turns out none of the US-supported leaders have enough public support to take power.
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On Swiss National Bank
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SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
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SNB Sight Deposits: decreased by 3.6 billion francs compared to the previous week
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
Main SNB Background Info
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SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
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Eerie and Nervous Calm in Capital Markets