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Category Archive: 6b) Austrian Economics

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How to Survive the Debt Ceiling Crisis with David Kotok

2023-05-26

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The debt ceiling debate has been reduced to a political fight between the parties. But the ramifications of the debt standoff are already being felt in the debt markets, and it is costing billions of dollars. In this episode of Global Macro Update, I talk with David Kotok, Chairman and Chief Investment Officer at Cumberland Advisors (https://www.cumber.com/). He and I are also active members of the Global Interdependence Center...

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Socialism, Minority Groups, and Personal Liberties

2023-05-25

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2023-05-25

People from socially and economically marginized groups in the USA tend to support socialism. Yet socialists have a long and bloody history of suppressing these very groups. Original Article: "Socialism, Minority Groups, and Personal Liberties"

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The Regime’s Lies Over the Debt Ceiling

2023-05-25

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2023-05-25

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop tackle the debt ceiling debate. As negotiations continue in Washington, the corporate financial press is hard at work warning about the potential for disaster. Ryan and Tho cut through the nonsense to look at the real state of America's finances, potential ramifications in the short term, and US defaults of the past and the inevitable future.  [embedded content] New Radio...

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MIS LIBROS RECOMENDADOS

2023-05-25

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Lectura adicional: https://www.dlacalle.com/libros-recomendados/ #libros #economia #finanzas #macroeconomía 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...

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DESTROZANDO AL INTERVENCIONISMO SOBRE LOS SALARIOS (“Debate” con Gonzalo Bernardos)

2023-05-25

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#salarios #macroeconomía #paro #intervencionismo 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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Taxation as a Weapon against Prosperity

2023-05-25

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2023-05-25

The Economist magazine in a recent editorial painted a rather positive image of the American economy. After encountering setbacks, the American economy often registers a buoyant recovery. Despite competition from rivals, America has retained her position as the world’s top economy. Some are bewildered by America’s enduring prosperity, but is it reasonable to expect less from a country designed to do business? The American Constitution is a fierce...

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Comprehensive Reform versus Piecemeal Reform

2023-05-25

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2023-05-25

Should political reform be the result of a much-discussed comprehensive plan? Or should it come about through decentralized decision-making that deals with the situations at hand? Original Article: "Comprehensive Reform versus Piecemeal Reform"

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There Is No Moral Right to Strike

2023-05-25

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2023-05-25

Americans are in a time of rising labor unrest and activism, including multiple unionization campaigns, regulatory and legal changes to make it easier for unionization efforts to succeed, the “Fight for $15” minimum wage agitation, and the Hollywood writer’s strike. However, such discussions and campaigns seldom approach the issues involved from a moral perspective, beyond the implicit presumption that trying to force others to give you a raise...

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The Bud Light Boycott and Clueless Corporate Executives

2023-05-25

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2023-05-25

In perhaps one of the most unexpected and sudden shifts in consumer demand in recent years, sales of Bud Light have now fallen sizably for six weeks in a row, with no end in sight. The New York Post reported on Monday that "Sales of the US’s No. 1 beer were down 24.6% for the week ended May 13 compared to a year ago — slightly worse than the 23.6% dip they suffered a week earlier."  But it's not just Bud Light. Sentiment has turned...

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Did Tucker’s Last Major Guest Lead to His Firing?

2023-05-24

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2023-05-24

Tucker Carlson has rankled the ruling elites for many years. But was his interview with Robert Kennedy Jr. a bridge too far? Original Article: "Did Tucker's Last Major Guest Lead to His Firing?"

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Review: Orwell’s The Road to Wigan Pier

2023-05-24

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2023-05-24

George Orwell’s The Road to Wigan Pier is a book for which I kept hearing recommendations. I was told that it contained biting criticisms of socialism and was a valuable source of antiauthoritarian thought. What I found, instead, was a snobbish text that ineffectually denounces snobbery, an erudite-sounding text that lacks any philosophical or economic depth, and a persistent veil of ignorance over and presumption in favor of state intervention for...

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EL FRACASO DE IMPRIMIR DINERO “PARA EL PUEBLO”

2023-05-24

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#argentina #macroeconomía #dinero #mercados #china 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 Fed Is Overindebted, Isn’t It?

2023-05-24

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2023-05-24

By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning. Original Article: "The Fed Is Overindebted, Isn’t It?"

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The Woke Cartel and Twitter’s New CEO

2023-05-24

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2023-05-24

On May 12, 2023, Elon Musk announced that Linda Yaccarino, the now former chairman of global advertising and partnerships at NBCUniversal, would become the new CEO of Twitter. Musk’s appointment of Yaccarino followed an advertiser exodus that caused Twitter’s ad revenue to plummet by more than 60 percent from October 2022 through January 25, 2022, from around $127 million to just over $48 million. According to Pathmatics, by Sensor Tower, more than...

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Property Rights, Civilization, and Their Enemies

2023-05-23

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2023-05-23

Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public display in halls of political power. The ruling class is getting richer while most of us suffer, and new generations are becoming increasingly warped by the dangerous ideologies of the left....

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The Duke Lacrosse Case: How a Lie Became Official Campus Policy

2023-05-23

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2023-05-23

Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public display in halls of political power. The ruling class is getting richer while most of us suffer, and new generations are becoming increasingly warped by the dangerous ideologies of the left....

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The Decline of America

2023-05-23

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2023-05-23

Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public display in halls of political power. The ruling class is getting richer while most of us suffer, and new generations are becoming increasingly warped by the dangerous ideologies of the left....

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Was Japanese Colonialism the Engine of Later Prosperity for Korea and Taiwan? Probably Not

2023-05-23

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2023-05-23

While Japan made some technological transfers to these places, prosperity came to them later, with the advent of free-market economies. Original Article: "Was Japanese Colonialism the Engine of Later Prosperity for Korea and Taiwan? Probably Not"

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The Men Who Made the West

2023-05-23

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2023-05-23

Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public display in halls of political power. The ruling class is getting richer while most of us suffer, and new generations are becoming increasingly warped by the dangerous ideologies of the left....

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Three Lies They’re Telling You about the Debt Ceiling

2023-05-23

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2023-05-23

Negotiations over increasing the federal debt ceiling continue in Washington. As has occurred several times over the past twenty years, Republicans and Democrats are presently using increases in the debt ceiling as a bargaining chip in negotiating how federal tax dollars will be spent. Most of this is theater. We know how these negotiations always end: the debt ceiling is always increased, massive amounts of new federal debt are incurred, and...

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