Category Archive: 6b) Austrian Economics
Some Depositors Are More Equal than Others
“All animals are equal, but some animals are more equal than others.”―George Orwell, Animal FarmThe nation’s deposit insurer (FDIC) let slip the other day which large depositors were bailed out when Silicon Valley Bank (SVB) failed last spring. SVB banked the nation’s tech illuminate.Its failure exposed fractional reserve banking’s Achilles heel when a bank run was initiated via social media and carried out with depositors moving money on their...
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North and South in Antiracist Revisionism
The history of slavery in the United States cannot be covered in a brief article, but one point that is important to address in the context of contemporary “antiracist” debates is the notion that slavery was historically supported by the South and opposed by the North. The aim of antiracists, in advancing that notion, is to justify the destruction of Confederate monuments, the proscribing of Confederate flags, and the renaming of military bases. It...
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DE IRON MAIDEN A MADONNA: LOS MEJORES DISCOS DEL 84 (ft. Tony Hernando)
Repasamos los discos más icónicos de 1984, desde Iron Maiden hasta Madonna, y cómo definieron una era en la música.
Sigue a Tony Hernando @TonyHernando
https://tonyhernando.com/
https://www.lordsofblack.com/
Lista de discos:
U2 - The Unforgettable Fire
Bryan Adams - Reckless
Prince - Purple Rain
Tina Turner - Private Dancer
Bruce Springsteen - Born in the USA
Madonna - Like a Virgin
Wham! - Make It Big
Queen - The Works
Triumph - Thunder 7...
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US Bond Yields Rise as Reserve Currency Status Wanes
With much consternation, capital markets participants are watching US treasury bond yields go up while Jerome Powell and the Fed continue to lower the Fed Funds Rate in an effort to spur another round of easy money.The Fed Funds rate is a short-term interest rate used for interbank borrowing. US treasury bonds are medium-long term securities that represent the sovereign debt of the US government, so the yield on those bonds represents the US...
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Biden’s Parting Shot at America
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
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
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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Does the Fed’s Lowering the Interest Rates Strengthen Economic Growth?
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
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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Lessons from Reconstruction
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
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
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
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
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
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
Biden indulta a su hijo, contradiciendo su promesa de respetar la justicia.
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¡Un saludo!
#Biden #HunterBiden...
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Why It’s Time To Abolish the Department of Education
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
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
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
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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