Category Archive: 6b) Austrian Economics

Grove City’s Mises Archives Now Available Online
Our friends at Grove City College have accomplished an incredible feat, digitizing their archive of Ludwig von Mises’s personal papers. In 1978, Hans Sennholz acquired this remarkable collection for the college from Margit von Mises and until this week, it was only accessible through a visit to Grove City.Anyone who has read Guido Hulsmann’s Mises: Last Knight of Liberalism has already experienced a taste of what is available within these papers,...
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Isaac Newton’s Place in the History of Economic Thought
Isaac Newton is certainly one of the most important scientists in human history—mathematician, physicist, astronomer, philosopher, and theologian. In the second half of his life, he discovered the world of economic sciences, focusing on monetary economics. His story is not very different from the one of Copernicus. Newton put himself at the service of his country, studying coinage, to successfully solve the economic crisis which was afflicting it....
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Mortgage Markets and Crony Capitalism
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Sacrificing Truth on Leviathan’s Altar
Last Sunday, 60 Minutes featured tyrannical German prosecutors boasting about persecuting private citizens who made comments that officialdom disapproved. Three prosecutors explained how the government was entitled to launch pre-dawn raids and lock up individuals who criticized politicians, complained about immigrant crime waves, or otherwise crossed the latest revised boundary lines of acceptable thoughts.In a craven slant that would have cheered...
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Could 1929 Happen Again?
The 1929 Stock Market Crash led to the largest economic recession in modern world history. Today’s octogenarian Americans knew of the vast devastation started by the stock market crash from first hand witnesses—their parents.All Americans suffered. Those with assets lost all or a substantial portion of their portfolio. A third of workers lost jobs. Tens of thousands of firms went broke, including banks, retail stores and manufacturing plants. New...
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Downsizing Government
In a bold and transformative move, President Donald Trump announced his administration’s intention to downsize the federal government by offering compensation to federal workers who voluntarily resign. This policy aims to enhance the efficiency of the American economy by reducing bureaucratic inertia and reallocating human capital to more productive sectors. While the proposal has sparked controversy, it represents a crucial step towards fostering...
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LA INFLACIÓN SE DISPARA CON EL GASTO PÚBLICO E IMPRIMIENDO DINERO
La inflación no es casualidad, es política. Gobiernos gastan sin control, aumenta el dinero en el sistema y cae el poder adquisitivo.
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Trump’s Revival of Lincoln’s “Colonization” Plan
Now that the US and Israeli military has bombed almost all of Gaza into a smoldering ruin and killed tens or hundreds of thousands of Palestinians, President Trump has proposed getting Jordan and Egypt to house the remaining Palestinians. He has threatened to withdraw US taxpayer “aid” to these countries if they do not accept his proposal. This is essentially a revival of Lincoln’s lifelong dream of deporting or “colonizing” all of the black people...
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Trade War with China Threatens America’s Bubble Economy
Donald Trump’s coming trade war with China could ultimately topple the current US economic regime of monetary inflation which enables America’s bubble-monopolist capitalism. The road, though, is unlikely to be direct or smooth.Some trade warriors argue that the economic war with China will improve the prospects for US prosperity by stimulating onshoring of industrial activity. Critics argue that, in so far as onshoring occurs there is likely to...
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Can We Really Cut Half of the Military Budget? You Bet!
The wailing sound you heard last Thursday was the chorus of the Beltway warmongers shrieking in despair at President Trump’s suggestion that there was no reason for the United States to be spending one trillion dollars on “defense.”“…[O]ne of the first meetings I want to have is with President Xi of China and President Putin of Russia, and I want to say let’s cut our military budget in half. And we can do that, and I think we’ll be able to do...
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The Technocracy Movement and Howard Scott
The 20th century was full of ideological movements. Were we to look at American-made political movements alone, we can see the Progressive Era, the New Deal, the several Civil Rights Movements coupled with 60s Radicalism, Reagan-era American Conservatism, and closing the century off with a weird mixture of Bush-Clinton-Bush-era Conservatism and Liberalism. One American-made political movement that is not talked about enough, however, is...
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The Great Burt Blumert
February 11 would have been the 96th birthday of Burt Blumert, one of my greatest friends and a great champion of Rothbardian libertarianism. (He actually died in 2009.) Some of my readers, especially the younger generation, might not recognize his name, because Burt was a quiet man who worked to do good behind the scenes. In this week’s column, I’m going to tell you about Burt—both what he did and what he was like as a person.Burt is an example of...
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DESMONTANDO LAS MENTIRAS SOBRE MILEI Y LIBRA
Desmontamos las mentiras sobre Milei y la criptomoneda Libra: no se lucró, no la promovió y tomó medidas inmediatas.
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Statist Egalitarianism and Patriotism
In his 1963 essay, “The Negro Revolution,” Murray Rothbard observes that by the 1930s and 1940s American intellectuals had embraced two principles:(1) all races and ethnic groups are intellectually and morally equal or identical, and (2) that therefore no one should be allowed to treat anyone else as if they were not equal, i.e., that the State should be used to compel absolute equality of treatment among the races.As Rothbard points out, the first...
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Purchasing Power and the International Demand for Dollars
Often various factors are perceived to be important in determining a currency rate of exchange. For instance, for some commentators an increase in the government foreign debt is regarded as pointing to a likely deterioration in economic fundamentals ahead. This provides the rationale for the selling of the currency of concern.For many economists, the state of the balance of trade is a key factor in the currency exchange rate determination. On this...
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Trump Must Cut Millions of Tax-Funded “Private” Jobs
Three weeks ago, the Trump administration sent out an order to the executive branch calling for federal agencies to “temporarily pause all activities related to obligation or disbursement of all Federal financial assistance” that could conflict with President Donald Trump’s agenda. The order primarily targeted federal dollars doled out to so-called non-governmental organizations, often called “NGOs.” The effect on many NGOs was immediate. Many...
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JD VANCE DESTROZA A LOS BURÓCRATAS ANTI IA
JD Vance defiende la IA y la libertad. ¡Los burócratas enfurecen y sus caras lo dicen TODO!
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¡Un saludo!...
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