Category Archive: 6b) Austrian Economics

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Call Rent Control What It Really Is: Theft

2023-07-08

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2023-07-08

Rent control is all the rage with progressives, with several states and localities trying to impose it. However, when people have their property effectively—and legally—stolen, there are long-term consequences. Original Article: "Call Rent Control What It Really Is: Theft"

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How “Squatter Democracy” Created America’s First Welfare Program

2023-07-08

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2023-07-08

After 1820, growing numbers of propertyless squatters were voters, and this was an opportunity for politicians to offer cheap land in exchange for loyalty to the Democratic Party. Original Article: "How "Squatter Democracy" Created America's First Welfare Program"

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Two More Elephants in Your Electric Vehicle

2023-07-08

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2023-07-08

On this week's episode, Mark summarizes the many problems with EVs, and focuses on two consequences funded by taxpayer subsidy. Large, overpriced, long range vehicles have been subsidized at the expense of more efficient technological applications. These EVs are significantly heavier compared to their fossil fuel counterparts (which have engines and gas tanks). These heavier vehicles create greater crash risks for passengers and pedestrians....

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To Smoke or Not to Smoke: The Cigarette Economy in Postwar Germany, 1945–48

2023-07-08

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2023-07-08

During the three years after World War II, Germans—facing a ruined economy and wildly depreciating currency—turned to cigarettes as a medium of exchange on a massive scale. Allied occupation authorities strictly forbade this black-market currency exchange, but it literally saved the lives of many German civilians—and inadvertently made many American GIs rich. The cigarette had already made its appearance during the war as a currency in both the...

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Paleoconservatives Need Better Critics

2023-07-08

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2023-07-08

Paul Gottfried is no stranger to criticism from “conservative” gatekeepers. Like his friend and colleague Murray Rothbard, Gottfried has been a target of Buckleyite conservativism ever since he was ousted from the National Review in the 1980s. Also, like Rothbard, Gottfried’s ideas have continued to inspire new generations of Americans sincerely interested in grappling with societal issues as neoconservatism has waned everywhere outside of...

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MMT’s Warren Mosler Argues Fed Rate Hikes Cause Growth and Inflation

2023-07-07

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2023-07-07

Bob walks through a recent interview of MMT champion Warren Mosler, in which he claims that Fed rate hikes lead to larger government interest expenses and hence support economic growth and inflation. Bob presents both theoretical and empirical evidence against Mosler's claims. MMT's Warren Mosler Argues Fed Rate Hikes Cause Growth and Inflation Video of MMT's Warren Mosler Argues Fed Rate Hikes Cause Growth...

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The Backstops for Banks Are Full of Holes

2023-07-07

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2023-07-07

First Republic, Signature Bank, and Silicon Valley Bank have all failed, and that’s not the only thing they have in common. Western Alliance Bank’s Ken Vecchione was jealous of these three large regional banks. The chief executive admitted to the New York Times, “We were, I have to admit, a bit envious of them.” Obviously Vecchione was and likely still is oblivious to problems at his bank and others. He doesn’t understand the fragility of...

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The GDPR Paradox: Empowering Government in the Name of Data Protection

2023-07-07

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2023-07-07

The European Union’s General Data Protection Regulation supposedly protects people from government data abuse. In reality, it empowers governments. Original Article: "The GDPR Paradox: Empowering Government in the Name of Data Protection"

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When Slave Owners Chose Federal Power over Local Sovereignty

2023-07-07

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2023-07-07

A recurring theme in American politics is the cynical use of federal power by those who simultaneously pretend to favor "states' rights" or "local control." We see this today when Republicans one minute say they favor local control with gun laws or Obamacare—and then demand the federal government impose nationwide drug prohibitions. We see it among Democrats who want local control over "sanctuary cities" for illegal...

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SÍ, LAS SUBIDAS DE TIPOS HAN MODERADO LA ESPIRAL INFLACIONISTA

2023-07-07

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#economix #macroeconomía #crisis #inflación #tiposdeinteres 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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FIJOS DISCONTINUOS: El Gobierno Sigue Maquillando El Paro

2023-07-07

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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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Cracked-Up Slobodian

2023-07-07

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2023-07-07

Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracyby Quinn SlobodianMetropolitan Books, 2023; 336 pp. Quinn Slobodian, a professor of the history of ideas at Wellesley College, has a good deal to say about Murray Rothbard, and I have attempted to respond to that in a review that is to be published in the next issue of The Austrian. Slobodian also includes some comments on the Mises Institute, Lew Rockwell, and...

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Socialists Should Support Government Default: Their Forebears Certainly Did

2023-07-07

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2023-07-07

Socialists like Bernie Sanders and the editors of Jacobin have decried the possible US government debt default. Marx and Lenin would have vociferously disagreed. Original Article: "Socialists Should Support Government Default: Their Forebears Certainly Did"

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Cultural Change Is Necessary for Capital Development

2023-07-07

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2023-07-07

Preserving culture is so crucial to a group’s identity that it has become sacred. For many the contents of culture don’t matter as long as they are preserved. But such a nihilistic approach to culture has led to failure and will continue to do so. Culture is a social technology that allows societies to function within a specific institutional setting. So, a constellation of traits could be useful for people living in a premodern setting but...

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Wann kommt die nächste Krise? „Spätestens 2024 geht die Bombe hoch“ – André Stagge zu Finanzmärkten

2023-07-07

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Börsen-Boom oder Untergang? Börsenexperte André Stagge im Interview Live-Event mit André Stagge: https://www.andre-stagge.de/tw2 Wöchentliche Tippvideos abonnieren: https://thorstenwittmann.com/klartext-yt Börsencrash 2024? Wie (un)sicher sind die Banken? Es gibt viele Parallelen zur großen Finanzkrise von 2009, die aktuellen Bankenrettungen waren erst der Anfang und zusammen mit den US-Verschuldungen brauen sich bereits die nächsten...

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How Will A.I. Change The Way I Do My Job? #shorts

2023-07-07

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Some predict there will be "people who tell computers what to do and people that are told by computers what to do." #artificialintelligence #airobot #airobots #finance #fintech #chatgpt #jobs #techjobs

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America: A Nation of Debt

2023-07-06

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2023-07-06

On this episode of Good Money with Tho Bishop, Ryan McMaken joins the show to talk about America's debt crisis. Tho and Ryan discuss both the damage done to the economy by runaway government spending, as well as how Federal Reserve policy has incentivized consumption and punished savings, which has resulted in record-high credit card debt. Good Money listeners can order a special $5 book bundle that includes How To Think About the Economy...

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The Problem with Nationalism

2023-07-06

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2023-07-06

Ryan, Tho, and Kerry Baldwin take a look at why some politicians say they're "nationalists." Is nationalism a good thing or is it just another way to justify more government meddling in our lives?  New Radio Rothbard mugs are now available at the Mises Store. Get yours at Mises.org/RothMug  PROMO CODE: RothPod for 20% off

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Pedro Sánchez es UN MENTIROSO COMPULSIVO

2023-07-06

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#sanchismo #anarosaquintana #pedrosánchez #entrevista Todos los datos aquí: https://www.dlacalle.com/los-datos-desmontan-completamente-la-propaganda-del-gobierno/ https://www.dlacalle.com/la-atroz-gestion-economica-de-sanchez/ https://www.europapress.es/nacional/noticia-psoe-afirma-erc-eh-bildu-pnv-seguiran-siendo-socios-prioritarios-gobierno-20220203115910.html https://www.elmundo.es/espana/2020/09/08/5f57f5a421efa0d67e8b45b3.html...

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Sahra Wagenknecht: “So würde meine Partei aussehen”

2023-07-06

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"Deutschland muss eine Kehrtwende einleiten, ansonsten sind die Folgen nicht mehr umkehrbar..." und "Die Ampelregierung ist momentan der beste AFD-Wahlkampf", das sagt niemand anderes als Sahra Wagenknecht in diesem brandaktuellen Interview. Zusammen besprechen wir über die Idee ihrer eigenen Partei, den momentan skrupellosen Gesetzesentwürfen der Ampelregierung (z. B. GEG), sowie auch, was sie als Regierungschef sofort...

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