Category Archive: 6b) Austrian Economics

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End the Drug War in Oregon, Both State and Federal

2024-04-15

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2024-04-15

Three years ago, in a citizen’s initiation approved by 3/4 of voters, Oregon decriminalized the possession of small amounts of illicit drugs. Last month, the Oregon governor signed into law a measure that undid what the people of Oregon had decided.

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El PESO ARGENTINO es una MONEDA FALLIDA

2024-04-15

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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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How Statism Destroyed Argentina

2024-04-15

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2024-04-15

The seventy-fifth anniversary of Ludwig von Mises’s Human Action invites us to ponder on Mises’s scholarly achievements and how the economic mainstream has not yet caught up to his advances in economics. Like Jesus Huerta de Soto points out in his preliminary study to the Spanish version of the thirteenth edition of Human Action: few are the treatises on the side of the mainstream that even try to match what Mises does in Human Action.Mises’s work...

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Human Action on Its 75th Anniversary Helps Us Understand How Statism Has Decimated Argentina

2024-04-15

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2024-04-15

The seventy-fifth anniversary of Ludwig von Mises’s Human Action invites us to ponder on Mises’s scholarly achievements and how the economic mainstream has not yet caught up to his advances in economics. Like Jesus Huerta de Soto points out in his preliminary study to the Spanish version of the thirteenth edition of Human Action: few are the treatises on the side of the mainstream that even try to match what Mises does in Human Action.

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Welcome and Opening Remarks

2024-04-15

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2024-04-15

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 War on Poverty Makes Poverty Worse

2024-04-15

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2024-04-15

The city of San Antonio’s Status on Poverty Report was released recently, and the response was predictable. “I just want . . . some sort of an action plan.” Council should “better direct” taxpayer dollars “toward helping all San Antonians thrive.”If officials had a decent grasp of history, they’d know the likely outcomes from such efforts: more of the same.Poverty is the natural, initial state. Society wasn’t just born into affluence; it had to be...

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“Don’t Do Something! Just Stand There!”

2024-04-15

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2024-04-15

The city of San Antonio’s Status on Poverty Report was released recently, and the response was predictable. “I just want . . . some sort of an action plan.” Council should “better direct” taxpayer dollars “toward helping all San Antonians thrive.”If officials had a decent grasp of history, they’d know the likely outcomes from such efforts: more of the same.Poverty is the natural, initial state. Society wasn’t just born into affluence; it had to be...

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Renato Moicano: “If You Care About Your…Country, Read Ludwig von Mises.”

2024-04-14

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2024-04-14

Last night, Brazilian fighter Renato Moicano went viral after his victory over JalinTurner at UFC 300, giving a shout-out to Ludwig von Mises himself.'I love America, I love the Constitution...I want to carry...guns. I love private property. Let If you something. If you care about your...country, read Ludwig von Mises and the six lessons of the Austrian economic school.The full clip is available here, with some colorful adult language...

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LA IZQUIERDA NO QUIERE QUE SEPAS LO QUE PAGAS EN IMPUESTOS

2024-04-14

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La #izquierda oculta el verdadero monto de tu salario: #impuestos, cotizaciones sociales. El informe del Instituto Juan de Mariana revela la realidad. #yolandadiaz #pedrosanchez 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...

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El GRAN LOGRO de MILEI

2024-04-14

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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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Las MEDIDAS de MILEI BAJAN la INFLACIÓN

2024-04-13

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La #inflación en #Argentina se está moderando gracias a #políticas de shock. #Milei ha eliminado el déficit fiscal y busca #dolarizar para estabilizar la #economía. 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...

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The Myth of the Equilibrium Interest Rate

2024-04-13

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2024-04-13

“Fast thinking” is a corrupting short-cut in mental processes which the late Daniel Kahneman identified by experiments in financial decision-making. Fast thinking plagues the market-place as it responds to the new threat of responses to Fed-led inflation. That threat had emerged even before the post-pandemic inflation starting in late 2022 cooled from its peak levels. The most recent surge in prices had materialized even though its symptoms in...

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LA IZQUIERDA DESTRUYE todo lo que finge proteger

2024-04-13

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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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The Lords of Easy Money, The Price of Time and Austrian Business Cycle Theory

2024-04-13

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2024-04-13

Two books have recently been published on post-2007-2008 financial crisis history. The first is The Lords of Easy Money: How the Federal Reserve Broke the American Economy by Christopher Leonard and it is my favorite of the two. Mr. Leonard describes the post-crisis financial environment extremely well in a way that is consistent with Austrian Business Cycle Theory (ABCT) without naming it. I expected this as the author is a journalist writing for...

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The Hazards of “Colorblind Equality”

2024-04-13

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2024-04-13

The words of Lewis Carroll are often cited in reference to the culture wars and the redefinition of words whose meaning used to be regarded as plain.“When I use a word,” Humpty Dumpty said in rather a scornful tone, “it means just what I choose it to mean—neither more nor less.”“The question is,” said Alice, “whether you can make words mean so many different things.”“The question is,” said Humpty Dumpty, “which is to be master—that’s all.”This is...

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Disappointing News

2024-04-13

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2024-04-13

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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GRAVE ATAQUE AL ESTADO DE DERECHO

2024-04-12

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El Gobierno de #España aprueba la Ley de #Amnistía, permitiendo a prófugos dictar leyes para exonerar delitos y #malversación de fondos. Grave ataque al Estado de Derecho. 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...

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Simon Guenzl vs. Dave Smith on Open Borders

2024-04-12

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2024-04-12

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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¿Cómo proteger nuestra LIBERTAD y DEMOCRACIA?

2024-04-12

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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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Why Politicians and Bureaucrats Choose Politics over Sound Economics

2024-04-12

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2024-04-12

We are taught from a very young age; “Government works for you”, or “the Government is the embodiment of the populous.” We accept these slogans blindly and carry on day to day. However, reality does not match up with these catch phrases. This is painfully clear when looking at the incentives that face these officeholders. After examining just a few, it’s clear we ought to adopt slogans that align with reality like, “the Government works for...

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