Category Archive: 6b) Austrian Economics
The Fed Has Its Eyes on Stablecoin
With Central Bank Digital Currency (CBDC) banned by executive order, the Fed may have more incentive to explore alternatives in the cryptocurrency market. This week, Fed Governor Christopher J. Waller gave a speech titled: Reflections on a Maturing Stablecoin Market, sharing his thoughts on the potential role of the Federal Reserve in the private stablecoin market.According to the Governor:For the purposes of this speech, I define stablecoins as a...
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Populism and Classical Liberalism: Is There an Intersection?
I write here to offer a teaser for a video on populism and classical liberalism, a lecture which I gave for the Bruno Leoni Institute in Milan. I redid the lecture on my own, and the recording has been graciously posted by Glenn Diesen:YouTube link: https://www.youtube.com/watch?v=MMMqrwZISjYThe slide-deck, which contains links, is here.Here are some points and slides from the lecture. I hope you find the video instructive!The deep state and its...
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DEMÓCRATAS EN PÁNICO POR DESPILFARRO MILLONARIO QUE NO PUEDEN EXPLICAR
Los demócratas se oponen a auditorías en defensa, un departamento con un presupuesto de 1.7 billones.
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Using Your Tax Dollars to Support Terrorists and Nazis
This is not a joke. This is not hyperbole. This is not clever framing and not a fringe conspiracy. This is a verifiable reality that many Americans do not know, but ought to know, especially as they cheer on US foreign policy actions that morally undermine everything America stands for.World War II and 9/11 are often given as decisive and conclusive historical examples that justify US foreign policy: We had to fight the Nazis and we had to fight...
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Dirk Müller – Das globale Pilzgeflecht der Macht – Wie Netzwerke um die Weltordnung kämpfen
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Happy Worst President’s Day
A 64-year-old woman with deep family roots in Alabama recently said to me that she was taught in Alabama public school that Abraham Lincoln was “the best president ever.” That would be a good example of the consequences of what the New England Yankee conquerors labeled “reconstruction.” The truth is that Lincoln was by far the worst president in American history. He was certainly the most “reviled” (by the people of the North during his lifetime),...
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Why They Really Hate Elon Musk
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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Might Does Not Make Right: A Libertarian Perspective
The common phrase “Might does not make right” resonates as a universal principle as it neatly relates the idea that being powerful does not inherently make one’s actions just. Most people intuitively agree with this concept. Indeed, suggesting otherwise would likely provoke suspicion and, if acted upon, condemnation. A person who justifies their actions solely on their power or strength would be seen as a bad actor and avoided by others.Yet this...
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The Effect of Westward Expansion on US Citizenship
Yesterday in Mises Wire I looked at how citizenship in the United States was originally determined by the member states themselves. There was no definition of citizenship in either the original US constitution (i.e., the Articles of Confederation) on in the later 1787 constitution. Thus, the way to “US citizenship,” to the degree that it existed at all, was to become a citizen of one of the US’s member states.A problem with this situation quickly...
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Help Us Publish These Two Books!
Please consider helping us publish these new books. Every donor of $500 or more will be listed in both books as a Patron. To become a Patron, click here. The deadline to be included is March 5.Freedom in One Lesson: The Best of Leonard ReadEdited with commentary by Gary GallesFreedom in One Lesson is an extensive collection of Leonard Read’s best, most powerful sustained arguments on behalf of liberty.Over ninety-seven short chapters, Gary Galles...
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Is There a Trump Doctrine in Foreign Policy?
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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German “Democracy”: The Regime Bans Political Parties It Doesn’t Like
In democracies, parties are supposed to rise and fall at the ballot box. However, in Germany a provision of the postwar constitution allows for political parties to be banned if they are deemed a “threat to democracy.” This unique constitutional mechanism has been used only twice, first against the Socialist Reich Party (SRP) in 1952 and later against the Communist Party of Germany (KPD) in 1956. Today, this legal tool is once again at the center...
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Don’t Save the Kennedy Center. Cut Off All Federal Funds.
President Donald Trump has the opportunity to do de-fund one of the most useless and most propagandistic institutions that is kept alive by the sweat of taxpayers: The Kennedy Center for the Performing Arts. The Kennedy center is nothing but a playground for the wealthy and their friends in various entertainment industries.Unfortunately, Trump has apparently decided that while he tries to slash budgets from other areas, he’s going to keep throwing...
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EL FRAUDE EN USAID ES DE MILES DE MILLONES
Fraude en USAID supera mil millones. Gastos absurdos: $80K a centro LGTBI en Eslovaquia, $26M a drag show en Ecuador. Corrupción brutal.
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The Empire Strikes Back
The editors of the New York Times still are in shock. Less than eight months ago, the newspaper’s editorial board triumphantly published an editorial entitled, “Donald Trump, Felon.” Despite the fact that New York City’s district attorney Alvin Bragg was relying on untested legal theories, and despite the fact that the trial itself resembled a tag team effort between the prosecutor and Judge Juan Merchan—a partisan Democrat—the NYT solemnly assured...
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LA DERECHA Y LOS LIBERTARIOS UNIDOS ARRASAN
La derecha debe unirse: libertarios, conservadores y soberanistas. La burocracia es el enemigo. Defendamos la libertad y el libre mercado.
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