Category Archive: 6b) Austrian Economics

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El Índice de Miseria en España es ATERRADOR…

2024-07-10

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Link de la charla completa - _6421M&feature=youtu.be Te animo a suscribirte a mi canal y te invito a seguirme en mis redes sociales: ☑ Twitter - https://twitter.com/dlacalle ☑ Instagram - https://www.instagram.com/lacalledanie ☑ Facebook - https://www.facebook.com/dlacalle ☑ Página web - https://www.dlacalle.com ☑ Mis libros en Amazon - https://www.amazon.es/Daniel-Lacalle/e/B00P2I78OG ¡Un saludo! #españa #economíaespañola #pedrosánchez...

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Los 10 puntos de MILEI que podrían cambiarlo TODO

2024-07-10

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¡Increíble discurso de Milei al firmar el Pacto de Mayo en Tucumán! Los 10 puntos de su plan para transformar Argentina. Te animo a suscribirte a mi canal y te invito a seguirme en mis redes sociales: ☑ Twitter - https://twitter.com/dlacalle ☑ Instagram - https://www.instagram.com/lacalledanie ☑ Facebook - https://www.facebook.com/dlacalle ☑ Página web - https://www.dlacalle.com ☑ …

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Anarchy in the UK

2024-07-10

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2024-07-10

Anarchism [an·ar·chism] n. 1. “a political theory holding all forms of governmental authority to be unnecessary and undesirable and advocating a society based on voluntary cooperation and free association of individuals and groups”Merriam WebsterThe venerable British magazine The Economist has us worried in their May 11 issue titled “The New Economic Order.” Contemplating what seems to be the collapse of the global, liberal order—Francis Fukuyama’s...

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Is High Inflation Followed by Demands for Sound Money? Usually Not.

2024-07-10

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2024-07-10

The severe losses for the center-right parties in the mid-summer French and British general elections, (i.e., Macron’s center-right coalition partners and Britain’s Tories) together with a shift in the US toward MAGA within the Republican Party, pose a severe and possibly existential challenge to the ideal of sound money. This is despite surveys revealing strong and broad popular anger about the cumulative loss of purchasing power of their money...

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Dr. Robert Malone Reads Rothbard

2024-07-10

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2024-07-10

One of the silver linings of the covid regime is the fact that the state overplayed its hand and turned many people into skeptics of the State and its pawns in the media and academia. This wave of healthy skepticism has led to a surge of interest in the work of Murray Rothbard, the State’s greatest enemy.Dr. Robert Malone, whose Wikipedia entry tells you everything you need to know about what the establishment thinks of him, followed this path. He...

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Another Presidential Debate, Another Loss for the Palestinians

2024-07-10

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2024-07-10

In a recent article for the Mises Wire, Connor O’Keeffe rightly argues that President Joe Biden indisputably failed at appearing psychologically and physiologically well during the recent presidential debate. O’Keeffe further goes on to write that former President Donald Trump “did a perfectly good job” at looking stable enough against the characterization of him by many democrats as an “unhinged maniac” intent on “tearing the country down.”If one...

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Biden Is Not Running the Government. So, Who Is?

2024-07-10

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2024-07-10

After a disastrous debate performance two weeks ago and a weak damage-control interview last Friday, it’s finally become clear to almost everyone that President Joe Biden is not running the federal government.Every four years, we’re supposed to pretend that a single individual, who we collectively choose at the ballot box, takes charge of the federal government and acts as we would to address the problems we face at home and abroad.Biden’s...

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¿Bukele CONTROLA precios en EL SALVADOR?

2024-07-09

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Bukele ha ordenado bajar los precios, pidiendo control de precios, una medida bolivariana socialista. ¿De verdad? Te animo a suscribirte a mi canal y te invito a seguirme en mis redes sociales: ☑ Twitter - https://twitter.com/dlacalle ☑ Instagram - https://www.instagram.com/lacalledanie ☑ Facebook - https://www.facebook.com/dlacalle ☑ Página web - https://www.dlacalle.com ☑ Mis libros en Amazon -...

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It Is Time to Treat Higher Education as the Business It Is

2024-07-09

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2024-07-09

So many of the problems with higher education stem from the involvement of government in the market.Not a day goes by without a TikTok video surfacing of unhappy Gen-Zers or millennials lamenting their career choices that stemmed from college education. On top of this, student debt has become a hot-button political issue. And nearly every conservative laments the rise of such degrees as “gender studies” or “sociology” that seem to be little more...

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Biden and Trump Prove That They Still Don’t Understand the Economy

2024-07-09

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2024-07-09

The American people have the great pleasure of electing either Joe Biden or Donald Trump as president this year. With the election approaching, formal debates between the candidates have begun. A lot has been said about President Biden’s shaky performance or former President Trump’s comments on the 2020 election, but their comments on the economy or trade have seen less attention. Both presidents spent trillions on government programs, increased...

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Rushing for the Financial Exits

2024-07-09

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2024-07-09

For this week’s episode, I wanted to find something familiar in the form of a “saying” to try and convey my thoughts about the economy as it stands today. I even thought about nursery rhymes like “ring around the Rosie” and “musical chairs,” but those did not exactly fit and did not stand up to historical or logical scrutiny the way I hoped.I settled on “When Everyone Runs for the Exit.” This is a play off the legal doctrine limiting free speech of...

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The Reality of Human Action

2024-07-09

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2024-07-09

The concept of reality is questioned by the notion, as László Krasznahorkai expressed it, that there are “many realities, or none at all.” By contrast, in Human Action, Ludwig von Mises offers a clear concept of reality, which he describes as “the whole complex of all causal relations between events, which wishful thinking cannot alter.” Building on this idea, Murray Rothbard argues that the entire science of human action can be deduced from a few...

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La INFLACIÓN es el impuesto a los pobres

2024-07-08

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Te animo a suscribirte a mi canal y te invito a seguirme en mis redes sociales: ☑ Twitter - https://twitter.com/dlacalle ☑ Instagram - https://www.instagram.com/lacalledanie ☑ Facebook - https://www.facebook.com/dlacalle ☑ Página web - https://www.dlacalle.com ☑ Mis libros en Amazon - https://www.amazon.es/Daniel-Lacalle/e/B00P2I78OG ¡Un saludo!

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Bring Back the Political “Smoke-Filled Rooms”

2024-07-08

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2024-07-08

As anyone who is conscious knows by now, the Joe Biden re-election campaign is in serious trouble. The president clearly showed signs of serious mental deterioration in his recent debate with Donald Trump and Biden’s performance was bad enough for even the New York Times (which had claimed up to the debate that Biden’s cognitive skills were fine, and anything said to the contrary was a lie) to call for him to drop out of the race.Biden, not...

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La ULTRAIZQUIERDA gana en FRANCIA con parlamento BLOQUEADO

2024-07-08

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Francia ingobernable. La segunda vuelta ha dejado un escenario increíble: sube la ultraizquierda y el Parlamento queda en una situación imposible de gobernar. Te animo a suscribirte a mi canal y te invito a seguirme en mis redes sociales: ☑ Twitter - https://twitter.com/dlacalle ☑ Instagram - https://www.instagram.com/lacalledanie ☑ Facebook - https://www.facebook.com/dlacalle ☑ Página web - https://www.dlacalle.com ☑ Mis libros en Amazon -...

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Economic freedom: Politics, of course, by its nature is always the pursuit of the Left

2024-07-08

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2024-07-08

Share this article Article II of II, by Claudio Grass Collectivism is extremely versatile and very easy for political animals to “sell” to the public and to weaponize. Politics, of course, by its nature is always the pursuit of the Left, if we are to follow strict definitions. It seeks to influence and coerce others and it abhors individual liberties and self-determination. What we know as far-right is national socialism and the rest is...

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It Didn’t Begin with LBJ: How the US Became a Transfer Society

2024-07-08

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2024-07-08

Terry L. Anderson and Peter J. Hill’s fascinating account traces the decline of the American constitutional framework from its origins in laissez-faire individualism to its current state of redistributive collectivism. Viewing the evolution as a series of legal developments motivated by ever greater financial incentives to involve the federal government, they highlight the following pivotal cases: (1) Marbury v. Madison (1803), which established...

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Do We Have Regrets While Celebrating July 4?

2024-07-08

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2024-07-08

This is a transcript from Mark Thornton’s Podcast, “Minor Issues,” July 6.Well, I know that many of my listeners will have a certain number of regrets about the July 4th holiday. And some of them may not even celebrate it at all. I certainly share many of those regrets. And concerns about the future of our country.We have an extremely bad government. That has increased in size and power enormously. We have a national debt which has exploded in size...

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British Sound Money MP Replaced by Labor Party Apparatchik: A Sign of the Times

2024-07-08

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2024-07-08

Sound money advocate and Conservative Party MP for Wycombe Steve Baker lost his seat in the general election that took place on 4th July–curious timing for a sitting Prime Minister to have called an election his party was always near-certain to lose. As Americans were celebrating Independence Day, the remnant Brits opposed to the government meddling in every aspect of their lives were bracing for a prime minister who describes himself as a...

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It’s All MMT: The Fraud of “Monetary Policy”

2024-07-08

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2024-07-08

Modern monetary theory (MMT) is not convincing to most trained economists of various schools of thought. This causes many to balk at MMT and mock it, some of which is warranted as a reductio ad absurdum, especially given some of MMT’s more outlandish claims. In fact, my own thesis was an Austrian critique of MMT.But there is also a fair amount of hypocrisy in the non-Austrian (e.g., mainstream, Keynesian, monetarist) critiques of MMT by mainstream...

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