Category Archive: 6b) Austrian Economics

The American Pravda Sues the Trump Administration

State-funded media has been a hallmark of the Soviet Union and of all other oppressive, totalitarian regimes in history.

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The One Bloated Brobdingnagian Bill

President Trump's so-called “One Big, Beautiful Bill” is more of the same: big and bloated. It adds billions to the federal deficit and does nothing to deal with the government‘s ruinous debt. Naturally, the Republicans support it.

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JFK and the Burden of Proof

We know what happened on November 22, 1963, at Dealey Plaza in Dallas, but there is a lot about that terrible day we don't know.

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JFK and the Burden of Proof

We know what happened on November 22, 1963, at Dealey Plaza in Dallas, but there is a lot about that terrible day we don't know. But we also know that President Kennedy challenged the National Security State. Did it cost him his life?

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The Political Business Cycle 50 Years Later

William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day.

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Enslavement of Native Americans in the Caribbean

The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where they were worked to death.

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Wealth Generation and the Market Economy

A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.

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Why Elon Musk Is Right: The Case Against Subsidizing Amtrak

Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to believe. The truth is that the case for defunding Amtrak has never been stronger.

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Inflation: Looking Beyond Aggregates

Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral.

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Don’t Be A Panican, But Question Government Shenanigans

Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we always should question those political decisions that can turn our lives upside down.

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Truth or Consequences

The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where they were worked to death.

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David Hume’s Insights Explain America’s Economic Decline

The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their currencies. However, with the US dollar being the world's reserve currency, the US has engaged in dollar manipulation through inflation.

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SÁNCHEZ SE LANZA AL ANTISEMITISMO PARA TAPAR SU CORRUPCIÓN

Sánchez usa el antisemitismo para tapar la corrupción de su gobierno y blanquear dictaduras mientras oculta la verdad sobre Hamás. Mi nuevo libro ya está disponible: "El nuevo orden económico mundial: EE. UU., China, Europa y el descontento global" (Deusto) ☑ Amazon: https://amzn.eu/d/6wTTNJI ☑ Casa del libro: https://www.casadellibro.com/libro-el-nuevo-orden-economico-mundial/9788423438891/16782241 Te animo a suscribirte a mi canal y...

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Why Haters of Free Markets Love the Fruits of Free Markets

There are numerous critics of free markets. However, all of those critics also are consumers and they gladly depend upon free markets to satisfy their needs.

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Why Haters of Free Markets Love the Fruits of Free Markets

There are numerous critics of free markets. However, all of those critics also are consumers and they gladly depend upon free markets to satisfy their needs.

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We Never Got to Torture Congress

Thanks to the endless “War Against Terror,” the US Government promoted methods of torture. Congress stood by and let it happen.

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We Never Got to Torture Congress

Thanks to the endless “War Against Terror,” the US Government promoted methods of torture, including some borrowed from the sadistic torturers of the former Soviet Union. Congress stood by and let it happen.

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What Is the Rationale Behind Current US Tariff Policy?

What if US trade deficits don't matter?

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What Is the Rationale Behind Current US Tariff Policy?

The Trump administration has pursued a high tariff policy, reversing the movement to lower trade barriers around the world. The justification for this policy is the presence of trade deficits with other nations. However, what if US trade deficits don't matter?

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How High Egg Prices May Resemble High OPEC Cartel Oil Prices

While no one is accusing egg producers of colluding or price-fixing, from an economic standpoint, it certainly could be happening either by design or incidentally.

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