Category Archive: 6b) Austrian Economics

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Mises in Argentina: Lessons of the Past for Today

2024-04-29

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2024-04-29

Ludwig von Mises visited Argentina in June 1959 by invitation of Dr. Alberto Benegas Lynch. The lectures Mises delivered at the University of Buenos Aires are reproduced in the book Economic Policy: Thoughts for Today and Tomorrow. As the title suggests, the economic knowledge transmitted by Mises was for both those days and for the future. Argentina in 1959 was in a recession, the Frondizi administration trying to cope with the terrible situation...

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BEGOÑA VILLACÍS DESTROZA a PABLO IGLESIAS en Vivo

2024-04-28

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#PoliticaEspañola #PabloIglesias #Elecciones #FracasoElectoral #BegoñaVillacís #Podemos #Ultraizquierda #ViolenciaPolítica #Democracia #EscándaloPolítico 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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Freedom of Contract and Property Rights

2024-04-27

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2024-04-27

The classical liberal defense of contractual freedom is derived from the principle of individual autonomy. Freedom of contract entails the right to enter into or exit from contracts at will. As Richard Epstein argues in his defense of the contract at will:The first way to argue for the contract at will is to insist upon the importance of freedom of contract as an end in itself. Freedom of contract is an aspect of individual liberty, every bit as...

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Central Banks Are Wrong about Rate Cuts

2024-04-27

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2024-04-27

When we talk about monetary policy, people do not understand the importance of interest rates reflecting the reality of inflation and risk. Interest rates are the price of risk and manipulating them down leads to bubbles that end in financial crises, while imposing too high rates can penalize the economy. Ideally, interest rates would flow freely and there would be no central bank to fix them.A price signal as important as interest rates or the...

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Economic Education Has Become Economic Disinformation

2024-04-27

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2024-04-27

Modern economics is in terrible shape. But economics education appears to be worse still. This becomes clear when discussing basic economics with those who have taken courses in the field. Rather than doing away with economic misunderstandings and outright nonsense, economics education apparently provides students with a pseudoscientific rationale for their illusions.Two such ideas are annoyingly common. One is the view that markets can only work...

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What’s Wrong With Biden’s Housing Tax Credit?

2024-04-27

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2024-04-27

In his state of the union address, President Biden expressed his desire for a $400 a month tax credit over two years for first time home buyers. I have argued for years that tax credits are a good thing, and still maintain that they are a good thing. Yet, I am leery of Biden’s tax-credit proposal.Biden’s proposal was one of several relating to housing:I know the cost of housing is so important to you.If inflation keeps coming down mortgage rates...

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The Great Chocolate Crisis

2024-04-27

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2024-04-27

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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Dirk Müller – Arbeitslosenrekord trifft auf Arbeitskräftemangel – man finde den Fehler!

2024-04-26

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👉 𝐂𝐚𝐬𝐡𝐤𝐮𝐫𝐬.𝐜𝐨𝐦: 𝐉𝐞𝐭𝐳𝐭 𝟏 𝐌𝐨𝐧𝐚𝐭 𝐟ü𝐫 𝟏€ 𝐭𝐞𝐬𝐭𝐞𝐧 ►► https://bit.ly/Cashkurs_1 𝗦𝗲𝗵𝗲𝗻 𝗦𝗶𝗲 𝗱𝗮𝘀 𝗴𝗮𝗻𝘇𝗲 𝐕𝐢𝐝𝐞𝐨-𝐔𝐩𝐝𝐚𝐭𝐞 𝘃𝗼𝗻 𝗗𝗶𝗿𝗸 𝗠ü𝗹𝗹𝗲𝗿 𝗵𝗶𝗲𝗿: https://bit.ly/Marktupdate240426 (Bei diesem Video handelt es sich um einen kurzen Ausschnitt aus dem Marktupdate vom 26.04.2024 auf Cashkurs.com.) 📧 Gratis-Newsletter inkl. täglichem DAX-Update ►►► https://bit.ly/CashkursNL 🔴 YouTube-Kanal abonnieren ►►► https://www.youtube.com/@cashkurscom Bildrechte: Cashkurs.com /...

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Did the MMT Camp Correctly Predict the Post-Covid Economy?

2024-04-26

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2024-04-26

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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Word of the Day: Performative

2024-04-26

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2024-04-26

The western media are, above all, phraseologists. Managing massive vertically integrated “states” requires the controlled and targeted use of repetitive government approved language, propaganda, jingoism, repeated phrases to channel thought and energy.We’ve seen a lot of “performative” progressivism in recent years – Black Lives Matter and reparations from the Civil War, incessant genderology above the fold, Trump Derangement Syndrome, tomato soup...

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Help Us Publish These Three New Books

2024-04-26

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2024-04-26

Please consider helping us publish these three new books: The World at War, Full Reserve Banking vs. Real Bills Doctrine, and Austrian Business Cycle Theory: an Introduction. The World at Warby Ralph Raicoedited by Edward FullerTo understand war, you also have to understand economics. Ralph Raico’s lecture “The World at War” is a masterpiece. Recorded in 1983, it remains perhaps the best introduction to the classical-liberal interpretation of the...

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Low Time Preference Leads to Civilization

2024-04-26

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2024-04-26

Time preference refers to the preference of satisfaction in the present as compared to a future time. A person who heavily prefers current consumption to future consumption has a high time preference as he places a heavy premium upon satisfaction as soon as possible. By contrast, a person who does not place a heavy premium upon instant satisfaction has a low time preference. People with low time preferences are more likely to save and invest their...

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¿Cómo nos PROTEGEMOS ante una GUERRA?, con Gustavo Martínez

2024-04-26

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#pedrosánchez #daniellacalle #gustavomartinez #guerramundial #economia #crisisfinanciera Link al programa completo - -7oyCI5_8&list=PL-j1qqL5tzpdd2AmBWsg04qNC1PMLEGl2&index=2 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 ☑...

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Opposing Military Intervention: Loving Dictators or Hating War?

2024-04-26

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2024-04-26

America Last: The Right’s Century-Long Romance with Foreign Dictatorsby Jacob HeilbrunnLiveright, 2024; 249 pp.Jacob Heilbrunn, who is the editor of The National Interest, is dismayed that some leading figures on the American Right show an affinity for European dictators; he has in mind especially the “Hungarian strongman” Viktor Orbán and the Russian president Vladimir Putin. This admiration, not the foreign policy realism they claim to champion,...

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Gold, Euro oder Dollar: Die Zukunft des Geldsystems | Anlageempfehlungen von Prof. Dr. Polleit

2024-04-26

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Prof. Dr. Thorsten Polleit erklärt die Zukunft des Euro und US-Dollars Klartext-E-Letter: https://thorstenwittmann.com/klartext-yt Homepage Thorsten Wittmann: https://thorstenwittmann.com/ Homepage Dr. Polleit: http://thorsten-polleit.com/ Dr. Polleit war ehemaliger Investmentbanker und lange Chefvolkswirt bei Degussa Gold. Heute ist er Honorarprofessor, aktiver Investor und berät nach wie vor institutionelle Investoren. Ich habe ihn als einen...

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What Is the Purpose of Economic Theory?

2024-04-26

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2024-04-26

Mainstream economists believe our knowledge of the world of economics is elusive, so the criteria for choosing a theory should be its predictive power. If the theory “predicts,” it is regarded as a valid framework to assess the economy. Once a theory fails in that role, the search for a new theory begins.For instance, an economist believes that consumer outlays on goods and services are determined by disposable income. Once this view is validated...

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BIDEN: LA REALIDAD DE EE.UU. Y LA PROPAGANDA

2024-04-25

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#biden #economia #guerra #puigdemont #ukranie #gastopúblico #israel Aquí tienes el enlace del programa completo - &t=1s 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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Cómo la BURBUJA ESTATAL nos EMPOBRECE cada vez MÁS

2024-04-25

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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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Kentucky Becomes 45th State to End Sales Taxes on Gold and Silver

2024-04-25

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2024-04-25

(Frankfort, Kentucky) -- In a high-stakes showdown with Gov. Andy Beshear over a gold and silver sales tax exemption, the Kentucky legislature has deemed his attempted line-item veto as an illegal act -- and directed the Secretary of State to enroll the exemption into law.

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Javier Milei vs. the Status Quo

2024-04-25

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2024-04-25

Javier Milei’s administration is generating much deserved commentary, both positive and negative. Critical discussion is vital since he is the first libertarian president, so keeping a distance between libertarianism itself and his government actions is a must if libertarians don’t want to fall with him should his government plans fail.

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