Category Archive: 6b) Austrian Economics
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MILEI HA REVOLUCIONADO LA POLÍTICA
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Bitcoiners’ Guide to Austrian Economics
Austrian economics is a scholarly tradition that consists of a body of theory that explains how an economy works. Austrian economists develop theory a priori, meaning explanations are derived logically from sound starting points (i.e., the “action axiom” to Mises). This means the theory is true and can therefore be used to uncover the actual causalities behind observable phenomena. Economics is, therefore, to “Austrians” a framework for...
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The Establishment’s “Principles” Are Fake
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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Austrian Economics Explains Why the WNBA Was So Hostile to Caitlin Clark
The 2024-25 basketball season is underway with the National Basketball Association and college men’s and women’s ball nearly a month into the Road to March Madness. One season, however, finished nearly three months ago: the Women’s National Basketball Association.In the 28 seasons it has been in existence, the WNBA always has operated in the basketball off-season during the late spring, summer, and early fall months when the emphasis is on Major...
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ARGENTINA ABANDONA EL DESASTRE PERONISTA
Argentina crece tras el desastre peronista: 3.9% en el último trimestre, menos inflación y reformas clave de Milei impulsan recuperación.
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What Are We Doing in Syria?
My first reaction to news earlier this month that the Syrian government had been overthrown was, how much did we have to do with it; how involved was the CIA; and how much is it going to cost.As with Saddam and Gaddafi before him, we know that Assad was no libertarian hero. But unleashing an army dedicated to establishing an Islamic state in once-secular Syria hardly seems like a good idea to me.As with President George W. Bush’s “Mission...
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The Establishment’s “Principles” Are Fake
In the years leading up to the 2024 presidential election, the Democrats and establishment Republicans who wanted to see Joe Biden, and later Kamala Harris, remain in office went all in on one overarching narrative above all: that Donald Trump represented an existential threat to American democracy. Biden’s team and their allies in politics and media repeated this claim day after day, essentially trying to convince millions of Americans that...
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The American Addiction to Transfer Payments
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 Relevance of the Natural Sciences Methods in Economics
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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Wealth and Income Inequality Are Essential for Social Cooperation
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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Caplan’s Errors on the UAE and Open Borders
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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“NAFTA Fever” and the Myth of Government-Created Free Markets
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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Post-Election Prospects for Ending DEI
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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Thanksgiving Day
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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Destroying Creative Destruction: The DMA against Innovation
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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A Reply to Shostak: Can Increases in the Gold Supply Cause a Business Cycle?
Frank Shostak recently wrote that an increase in the supply of gold by itself cannot cause a boom-bust cycle as described by the Austrian Business Cycle Theory (ABCT). If that were true, then Austrians would have no explanation for booms and busts prior to central banking.Shostak cites Robert Murphy, who wrote that mined money could enter the loan market and lead to a boom. Believing Murphy is in error, Shostak counters with,Murray Rothbard...
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Review: The Sources of Russian Aggression
[The Sources of Russian Aggression: Is Russia a Realist Power?, by Sumantra Maitra, Lexington Books, 2024; 205 pages]One of the unfortunate realities of the foreign policy debate in America is that few Americans are paying much attention. This general level of public ignorance makes it much easier for the American foreign policy elites to then feed the American public whatever lies suit the regime’s agenda.This has certainly been the case with the...
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What Motivates Russian War Making?
[The Sources of Russian Aggression: Is Russia a Realist Power?, by Sumantra Maitra, Lexington Books, 2024; 205 pages]One of the unfortunate realities of the foreign policy debate in America is that few Americans are paying much attention. This general level of public ignorance makes it much easier for the American foreign-policy elites to then feed the American public whatever lies suit the regime’s agenda.This has certainly been the case with the...
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¿LOS ARANCELES DE TRUMP DISPARARÁN LA INFLACIÓN?
Se argumenta que suben los precios, pero la realidad es más compleja y tiene que ver con otros factores económicos y políticos globales.
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