Category Archive: 6b) Austrian Economics

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¡FRACASO ABSOLUTO! La GRAN MENTIRA de la REFORMA LABORAL

2024-05-06

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El fracaso de la reforma laboral de Yolanda Díaz es evidente: no redujo el paro, solo lo maquilló. Los sindicatos también critican duramente sus resultados. 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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La FARSA de la REDISTRIBUCIÓN de RIQUEZA

2024-05-06

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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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It’s the PPI Once More!

2024-05-06

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2024-05-06

In early September 2023 we reported on the Producer Price Index, the PPI. This price statistic takes a back seat to the Consumer Price Index in media reporting and the policy-setting agenda. Back then we explained what it was and what it was telling us about the economy.The timing of that episode reflected our concern that the sharp drop in the PPI to that point in time might not be a sign of things to come. The PPI had been dropping since...

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Get Ready for Weaker Growth and Higher Inflation. The Consensus Was Wrong.

2024-05-06

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2024-05-06

The weak GDP figure for the first quarter came with a double negative: poor consumer spending and exports, plus a rise in core inflation. The US administration’s enormous fiscal stimulus underscores the importance of considering the weaker-than-expected data.A deceleration in consumer spending, a decline in the personal savings ratio to 3.6%, and poor exports added to a set of figures for investment that were also negative when we looked at the...

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The Fallacy of “Racism Equals Power Plus Prejudice”

2024-05-06

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2024-05-06

A position that has gained popularity on the Left in recent decades is a push to redefine racism to prevent the term from encompassing racism against whites. According to this position, “racism equals power plus prejudice.” And while whites can experience racial prejudice, there exists a prowhite and anti-non-white bias in western institutions, which is what is meant by the term “power.” Accordingly, it is argued that the term “racism” should be...

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Killing the Golden Goose: Millennials Earn Less Than Their Parents Did

2024-05-06

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2024-05-06

For the first time in our nation’s history, 30 year olds are doing worse than their parents.In other words, we killed the golden goose.Last week, Professor Scott Galloway went on an epic rant on MSNBC laying out for his well-heeled hosts exactly what young people are going through right now.Rattling off the numbers, for Americans born in 1951 — that’s baby boomers — fully 80% were earning more than their parents. By Gen X that was down to 60%. For...

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There Is No Prosperity without Private Property

2024-05-06

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2024-05-06

Private property rights are crucial to economic prosperity. Without them, it becomes impossible to set up a system of free markets that allows for rational economic calculation. Despite this, property rights are under attack in today’s world by progressives seeking to build a more “just” society through equity.When property is originally appropriated, it belongs to its owner. The owner may use, transform, sell, or even not use his property at all,...

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El ÉXITO del EURO

2024-05-06

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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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Conservatives Are Wrong on Economics. Here’s How to Fix the Problem.

2024-05-05

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2024-05-05

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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Javier Milei vs. the Status Quo

2024-05-05

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2024-05-05

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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Privatize Driver’s Licenses

2024-05-05

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2024-05-05

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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Does Libertarianism Reject Communities? Libertarianism Actually Strengthens Them

2024-05-05

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2024-05-05

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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Low Time Preference Leads to Civilization

2024-05-05

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2024-05-05

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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Why the West Is Giving Up on Individual Rights

2024-05-05

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2024-05-05

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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Cowardice, Not Courage, Led House Republicans to Side with the Democrats

2024-05-05

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2024-05-05

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 FBI and CIA Are Enemies of the American People

2024-05-05

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2024-05-05

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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YOLANDA DIAZ VUELVE A MENTIR CON LOS FIJOS DISCONTINUOS

2024-05-05

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Yolanda Díaz pillada mintiendo otra vez sobre fijos discontinuos inactivos, usando datos y leyes para maquillar el paro real. 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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Nuestras Canciones Favoritas de The Beatles (ft. Daniel Ramírez)

2024-05-04

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#thebeatles #rock #pop #musicarock #musica #beatles #analisis 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 Homo Economicus Myth

2024-05-04

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2024-05-04

Among the larger albatrosses burdening the economics profession is the idea of Homo economicus. To this day, most economics undergraduates hear about it in the context of neoclassical economics. Homo economicus, we are told, is the ideal economic man who always seeks to maximize profits and minimize costs. He only acts “rationally,” and rationalism is defined as, well, always seeking to maximize profits and minimize costs. Even worse, “profit” is...

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How State-Sponsored Universities Distort Campus Activism

2024-05-04

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2024-05-04

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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