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Category Archive: 6b) Austrian Economics

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Why Barbados Advanced Economically While Jamaica’s Growth Lagged

2023-06-23

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2023-06-23

Even though Barbados and Jamaica had more similarities than differences when they became independent of Great Britain, Barbados developed its economy much more quickly. Original Article: "Why Barbados Advanced Economically While Jamaica's Growth Lagged"

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Unleashing the Power of Greed: How the Free Market Propels Progress

2023-06-23

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2023-06-23

The free market system has faced its fair share of criticism, often being labeled as a breeding ground for greed and self-interest. However, let’s take a closer look and see how greed, when properly channeled and regulated within a free market framework, can actually bring about positive outcomes for society. One fascinating thought experiment that showcases the positive role of greed in the free market is Adam Smith’s concept of the “invisible...

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Krypto vor dem Aus oder geht es richtig los? Blockchainexperte Marco Wutzer im Interview

2023-06-23

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Krypto: Bricht jetzt alles zusammen nach US-Chaos mit SEC, Binance und Coinbase Live Krypto-Event von Marco Wutzer: https://links.thorstenwittmann.com/info/21gc8zzvo6nz10lysuzz1zzqz3 Wöchentliche Tippvideos abonnieren: https://thorstenwittmann.com/klartext-yt Interview mit Blockchain-Experten Marco Wutzer Ich freue mich sehr, mit Marco Wutzer wieder einen führenden Blockchain- und Kryptoexperten zu Gast zu haben bei unserer Schaltung nach...

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Why Governments Love Secrecy and Hate Whistleblowers

2023-06-22

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2023-06-22

Ryan and Tho take a look at the legacy of Daniel Ellsberg's heroic leak of the Pentagon Papers and the evils of government secrecy. Modern leakers like Snowden, Manning, and Assange do important work educating voters and making the state more accountable. New Radio Rothbard mugs are now available at the Mises Store. Get yours at Mises.org/RothMug  PROMO CODE: RothPod for 20% off

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Fiat Food and Its Consequences with David Gornoski

2023-06-22

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2023-06-22

On this episode of Good Money with Tho Bishop, David Gornoski of A Neighbor's Choice joins to discuss how government policies have impacted American diets. From the subsidization of certain crops to anti-science propaganda campaigns about diet, to the consolidation of the agricultural industry, the politicization of the economy still shapes not only their wallet but their plates. Good Money listeners can order a special $5 book bundle that...

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To Avarice No Sanction

2023-06-22

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2023-06-22

What many people call government generosity Leonard Read called avarice. Original Article: "To Avarice No Sanction"

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ALARMA: ¿RECESIÓN E INFLACIÓN?

2023-06-22

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#economia #macroeconomía #economix #crisis #paro #inflación #mercados 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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Banks Create Money out of Thin Air. What Could Possibly Go Wrong?

2023-06-22

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2023-06-22

You might rightfully wonder: How can a bank, like the neighborhood bank down the street, “create money out of thin air”? To answer that question, we must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on. For every old dollar that goes in, nine new dollars come out, created with the stroke of a pen or the click of a mouse. As you may be aware, general deposits are...

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Is The Federal Reserve Already Done Raising Rates?

2023-06-22

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2023-06-22

Ryan and Robert Aro take a look at the Fed's unconvincing explanation of why it has chickened out on interest rate hikes. This only makes sense if the economy is much weaker than the Fed claims.  Be sure to follow the Fed Watch Podcast at Mises.org/FedPod.

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China Calls Out the USA for Instigating the Infamous Color Revolutions

2023-06-22

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2023-06-22

As geopolitical tensions rise, the Chinese political leadership tells the US government to desist pushing its "color revolutions." Original Article: "China Calls Out the USA for Instigating the Infamous Color Revolutions"

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23J: ¿Por Que ADELANTA Pedro Sánchez Las ELECCIONES?

2023-06-22

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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 FTC Should Answer Its Call of Duty to Gamers

2023-06-22

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2023-06-22

All too often, unscrupulous businesses weaponize the United States’ antitrust laws—which are only supposed to be utilized to protect consumers against higher prices and other consequences of monopoly power—for their own self-serving purposes. Professor Thomas DiLorenzo explained this problem more than a third of a century ago in a piece titled “The Rhetoric of Antitrust.” He wrote that “In theory antitrust regulation promotes competition in the...

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School World Order

2023-06-21

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2023-06-21

John Klyczek joins Michael on the first episode of REKT. John (jakE) is the author of School World Order: The Technocratic Globalization of Corporatized Education. Topics include the behaviorist, collectivist, and eugenicist roots of public (and state-sanctioned private) education, the globalist organizations behind the stakeholder capitalism regime, and the making of "global citizens" through indoctrination and technocratic surveillance...

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Sound Money Is Required for Real Budget Discipline

2023-06-21

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2023-06-21

The usual suspects are "relieved" that Congress gave President Biden what he wanted on the so-called budget deal. Without sound money, however, the borrowing and spending regime will collapse sooner or later. Original Article: "Sound Money Is Required for Real Budget Discipline"

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HIPOTECAS: ¿Volverán los CHOLLOS a PLAZO FIJO?

2023-06-21

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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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Assumptions Matter Both in Economics and in the Real World

2023-06-21

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2023-06-21

To explain Japan’s economic problems, Paul Krugman employed a model that assumes people are identical and live forever. While admitting that the model is not realistic, Krugman nonetheless argued that his model could still offer solutions to the crisis. In The Philosophical Origins of Austrian Economics, David Gordon wrote that Eugen von Böhm-Bawerk believed economic concepts must originate from reality and should be traced to their ultimate...

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How Capitalism Redefined Masculine Virtue

2023-06-21

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2023-06-21

In the pre-industrial world, aggression and physical domination were often labeled as "masculine" virtues because they were useful for survival. The rise of the cooperative market economy changed all that. Original Article: "How Capitalism Redefined Masculine Virtue"

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Powell Sends Mixed Messages as He Chickens Out on Rate Hikes

2023-06-21

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2023-06-21

The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday left the target policy interest rate (the federal funds rate) unchanged at 5.25 percent. This "pause" in the target rate suggests the FOMC believes it has raised the target rate high enough to rein in price inflation which has run well above the Fed's arbitrary two-percent inflation target since mid-2021.  Yet, at Wednesday's press conference announcing the FOMC's...

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After the Debt Ceiling Deal: Look for Liquidity Problems in the Markets

2023-06-21

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2023-06-21

Everything seems to be lining up perfectly for individual investors with Joe Biden and Kevin McCarthy making a debt ceiling deal. In fact, a sentiment poll reflects an ebullient investor class. According to an Investors Intelligence article titled "Assume the Positioning" (reprinted in Almost Daily Grant’s, June 1, 2023), “Just 23.3 percent of respondents are bearish on stocks, the lowest since January 2022, [when] the market scaled the...

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We Need a Peace President

2023-06-20

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2023-06-20

Most people agree that we are closer to nuclear war than at any time since the 1962 Cuban Missile Crisis. Some would even argue that we are closer now than we were in those fateful days, when Soviet missiles in Cuba almost triggered a nuclear war between the US and the USSR. In those days we were told that we were in a life-or-death struggle with Communism and thus could not cede a square foot of territory or the dominoes would fall one-by-one...

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