Category Archive: 6b) Austrian Economics

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Biden’s Parting Shot at America

2024-12-03

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2024-12-03

The interim between a US presidential election and the swearing in of a new Administration has for most of our history been a non-eventful period where the outgoing Administration winds down operations and the incoming Administration ramps up new personnel before the inauguration.The 20th Amendment to our Constitution was enacted in 1933 to reduce the “lame duck” period between election and inauguration to January 20th instead of March 4th....

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Another Merit of Medieval Bolognese Canons

2024-12-03

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2024-12-03

In a previous article, I had the pleasure of exposing how several canon law jurists from the University of Bologna, in Italy, influenced the works of later theologians and economic scholars from the School of Salamanca, whose theologians—for many Austrian economic scholars—are the fathers of modern economic thought.In the prior article, I spoke of the intellectual terrain built by the Bolognese of the fourteenth century that allowed the discoveries...

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Why Naomi Wolf Is Great

2024-12-03

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2024-12-03

Naomi Wolf is a truly heroic figure, and the publication of her great book The Pfizer Papers: Pfizer’s Crimes Against Humanity makes her heroic stature even more evident than it was before. I’m not going to write a detailed review of the book, because it consists of thousands of documents that a lawsuit she initiated compelled Pfizer to release. I’ll just mention a few of the highlights. Pfizer knew a couple of months after its vaccine was ruled...

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Lessons from Reconstruction

2024-12-03

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2024-12-03

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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Markets Made of Glass—How the Fed Destroyed Economic Resilience

2024-12-03

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2024-12-03

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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Slavery and Collective Guilt

2024-12-03

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2024-12-03

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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A Brief History of Tariffs and Stock Market Crises

2024-12-03

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2024-12-03

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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The Economics of Prepping

2024-12-03

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2024-12-03

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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The Indian Rope Trick

2024-12-03

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2024-12-03

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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Does the Fed’s Lowering the Interest Rates Strengthen Economic Growth?

2024-12-03

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2024-12-03

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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“Victory Plan” or Deadly Delusion? Zelensky’s Perilous Five-Point Plan

2024-12-03

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2024-12-03

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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BIDEN INDULTA A HUNTER TRAS ASEGURAR QUE NO LO HARÍA

2024-12-02

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Biden indulta a su hijo, contradiciendo su promesa de respetar la justicia. 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! #Biden #HunterBiden...

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Why It’s Time To Abolish the Department of Education

2024-12-02

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2024-12-02

Ryan McMaken makes a convincing case on Mises Wire for abolishing the Department of Homeland Security (DHS). But DHS is not the only executive branch cabinet department that has been occasionally mentioned as a candidate for elimination. Aside from the US cabinet departments of State, Treasury, and Defense that date back to the earliest years of the nation, the names of other departments—Agriculture, Commerce, Education, Energy, Health and Human...

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Hunter Biden’s Pardon Is Exactly What We Should Expect from the US Regime

2024-12-02

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2024-12-02

On Sunday night, President Biden issues a broad and sweeping pardon for his son Hunter Biden, covering “those offenses against the United States which he has committed or may have committed or taken part in during the period from January 1, 2014 through December 1, 2024.” Hunter Biden was due to be sentenced this month for federal tax and gun crimes. This pardon removes the possibility of any further legal action in those cases. This pardon comes...

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What Happened to Black Friday Chaos—and How the Market Solved It

2024-12-02

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2024-12-02

Not long ago, Black Friday epitomized consumer frenzy. Crowds trampled one another at store entrances, shelves emptied in minutes, and shoppers battled over discounted goods with an intensity critics often likened to greed, desperation, and degradation. These chaotic scenes became a prime target for critics of capitalism, who accused the system of reducing human dignity to unchecked materialism.Naomi Klein famously described such behavior as the...

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The Cultural Background of Ludwig von Mises

2024-12-02

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2024-12-02

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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Taxes on “the Rich” versus Tariffs

2024-12-02

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2024-12-02

During his recent presidential campaign, Donald Trump has repeatedly floated the idea of eliminating personal income taxes and replacing them with tariffs on imports. The proposal, which was never developed in a detailed and coherent plan, was met with hostility by mainstream media and analysts. The latter did not consider the proposal serious enough, because (i) it would be almost impossible to make up for the lost revenue from the income tax with...

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The Fed’s “Price Stability” Schemes Sow Economic Chaos

2024-12-02

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2024-12-02

For most commentators, a “stable price level” is the key for economic stability. For instance, let us say that there is a relative increase in consumer demand for potatoes versus tomatoes. This relative increase is depicted, all things being equal, by the relative increase in the price of potatoes. To be successful, businesses must pay attention to consumer demand. Failing to do so is likely to lead to losses. Hence, by paying attention to relative...

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The “Price Stability” Myth Undermines Our Economy and Well-Being

2024-12-02

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2024-12-02

For most commentators, a “stable price level” is the key for economic stability. For instance, let us say that there is a relative increase in consumer demand for potatoes versus tomatoes. This relative increase is depicted, all things being equal, by the relative increase in the price of potatoes. To be successful, businesses must pay attention to consumer demand. Failing to do so is likely to lead to losses. Hence, by paying attention to relative...

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Central Banker Affirms, Deflation “Is a Benefit for the People”

2024-12-02

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2024-12-02

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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