Category Archive: 6b) Austrian Economics
Who Owns the Gold?
“Economics, in its most elegant form, is the study of cause and effect.”—John Rogers, Voting in Context: A Brief Economic History of American PoliticsIn 1933, people thought the world was ending and urged government to do whatever it could to relieve the pain of the Depression. In compliance thereof, FDR issued Executive Order 6102 on April 5, 1933 “forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental...
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McMaken Talks Gold Reserves on the ‘World Affairs in Context’ Podcast
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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Federal Spending in 2025 Is on Track to be the Highest Ever
For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even when we adjust for CPI inflation. This largely reflects Biden-era spending since the current fiscal year began during October 2024, during the Biden administration. In 2025 dollars, federal spending for the current fiscal year so far has totaled 3.039 trillion dollars. This makes 2025’s spending total the highest ever...
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Warren Buffett Gets It Wrong
Berkshire Hathaway—the investment holding company run by Warren Buffett for the last sixty years—released its much-awaited annual report in late February. In the report, Buffett himself delved into the topic of capitalism and America’s relationship thereto. Early in the preamble to the report, Buffett hints at the connection between inflation and government malfeasance:Paper money can see its value evaporate if fiscal folly prevails. In some...
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STEVE JOBS ADVIRTIÓ LA DESTRUCCIÓN DE LA INDUSTRIA
Steve Jobs advirtió hace décadas sobre el peligro de trasladar la industria al exterior. No fue por costes bajos, sino por trabas e impuestos.
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First They Came for the Op-Ed Writers
On March 25, six masked federal agents seized a Turkish graduate student on the streets of Somerville, Massachusetts. Rumeysa Ozturk—who was wearing a hajib—is a Fulbright scholar working on a doctorate at Tufts University.She was abducted and vanished into the maw of the federal prison system. The Trump administration ignored a federal court order and took Ozturk from Massachusetts to Louisiana federal detention facilities.But the Trump...
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Do Inflationary Expectations Cause General Increases in Prices?
Many believe the key cause to a general increase in prices are so-called “inflationary expectations.” For instance, if there is a large increase in the prices of oil, individuals will start forming expectations for higher inflation ahead. Consequently, individuals will speed up their purchases of goods and services at present, thereby raising the demand for goods and services, all other things being equal. This is supposed to set in motion general...
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Britain—Like France and Spain—Is Poorer than Mississippi
Over the past year, pundits and columnists have been forced to keep asking why Europe’s economy is stagnating and falling behind the US economy. Many of those asking the question are Europeans. One European headline reads “Why Europe is falling behind the USA,” and Le Monde tells us that compared to the United States, “The gap with European living standards has never been wider.”The gap between US and European living standards has been noticeable...
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How to End Drug Violence
Recently President Trump threatened to invade Mexico—all in its best interest, of course—in order to smash the drug cartels that are responsible for funneling so many illegal drugs into the US. There is no doubt that the drug cartels are wealthy and vicious criminals. Apparently they have taken over major towns and provinces in Mexico and have assassinated local officials and anyone else trying to curb their “trade.” Is there any alternative to...
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¿COLAPSO DE MERCADO O CAMBIO DE PARADIGMA?
La gente teme las correcciones por la narrativa del mercado, pero son oportunidades para invertir si se analizan correctamente.
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Even the Inventor of GDP Statistics Knew Government Spending Was Dubious
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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Free Trade with All Nations
Richard Cobden (1804-1865) was a British member of Parliament who championed free trade, the repeal of the Corn Laws, and a laissez-faire economy.[A speech delivered in Manchester, England, January 15, 1846]I shall begin the few remarks which I have to offer to this meeting by proposing, contrary to my usual custom, a resolution; and it is, “That the merchants, manufacturers, and other members of the National Anti-Corn-Law League claim no...
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The Saint-Simonians in Our Midst: Ben Bernanke and the GFC
Henri de Saint-Simon (1760-1825), a French intellectual, was one of the founding fathers of socialism. Saint-Simon wanted to forge a “scientific understanding of society” which he would use to eliminate poverty and inequality by centrally planning the economy through the Parisian Banking Houses.In this article, I argue that Ben Bernanke—along with his other two musketeers, Hank Paulson and Timothy Geithner—are Saint-Simonians par excellence,...
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WALMART PRESIONA A PROVEEDORES CHINOS A ABSORBER ARANCELES
Walmart, el termómetro del consumidor en EE.UU., ha mantenido márgenes pese a la inflación y presiona a proveedores chinos a absorber aranceles.
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Free Trade in the Twenty-First Century
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 im Live Talk – Was bedeutet das Schuldenpaket für uns?
👉 𝐂𝐚𝐬𝐡𝐤𝐮𝐫𝐬.𝐜𝐨𝐦: 𝐉𝐞𝐭𝐳𝐭 𝟏 𝐌𝐨𝐧𝐚𝐭 𝐟ü𝐫 𝟏€ 𝐭𝐞𝐬𝐭𝐞𝐧 ►► https://bit.ly/Cashkurs_1
Sie wollen investieren? Hier geht es zum 𝐃𝐢𝐫𝐤 𝐌ü𝐥𝐥𝐞𝐫 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐀𝐤𝐭𝐢𝐞𝐧 𝐅𝐨𝐧𝐝𝐬: https://bit.ly/DMPAF-O
𝗦𝗲𝗵𝗲𝗻 𝗦𝗶𝗲 𝗱𝐞𝐧 𝗴𝗮𝗻𝘇𝗲𝐧 𝐋𝐢𝐯𝐞-𝐓𝐚𝐥𝐤 𝘃𝗼𝗻 𝗗𝗶𝗿𝗸 𝗠ü𝗹𝗹𝗲𝗿 𝐚𝐧𝐝 𝐅𝐫𝐢𝐞𝐧𝐝𝐬 𝗵𝗶𝗲𝗿:
https://bit.ly/250320_Live-Talk
(Bei diesem Video handelt es sich um einen kurzen Ausschnitt aus dem Live-Talk vom 20.03.2025 auf Cashkurs.com.)
📧 Gratis-Newsletter ►►► https://bit.ly/CashkursNL-YT
🔴...
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EL ORO Y LA PLATA REFLEJAN LA DESTRUCCIÓN MONETARIA
El oro supera los 3.000 dólares y la plata también sube. La pérdida de confianza en monedas y deuda impulsa esta alza, mientras el petróleo baja.
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Skin Tone Products, Markets, and “White Privilege”
The first time I read about “white privilege” in college was on a Blackboard assigned readings list. This was not a class I attended, but had access to in order to provide some help to the professor. As it turned out, I had read the original paper on this topic: Peggy McIntosh’s “White Privilege and Male Privilege: A Personal Account of Coming to See Correspondences Through Work in Women’s Studies” (1988).While many critiques could be made—and have...
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