Category Archive: 6b) Austrian Economics
Rothbard on a Priori History
Murray Rothbard is well-known as one of the greatest exponents of praxeology, which operates through a priori reasoning. He was careful, however, to distinguish praxeology from history. The latter could be studied only through empirical investigation. In this week’s column, I’d like to discuss some observations he makes about this in For a New Liberty, which was published fifty years ago.
In the section called “Avoiding a Priori History,” Rothbard...
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The House Showdown: Separating Truth from Outright Falsehoods
Read the New York Times (or even National Review) and you'll learn that the budget standoff is between congressional “adults” and right-wing House nutjobs. This is not the case.
Original Article: The House Showdown: Separating Truth from Outright Falsehoods
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Reaping What You Sow: The American Regime in Chaos
The word “chaos” has been the buzzword this week in Washington, largely directed toward Rep. Matt Gaetz’s successful coup against former Speaker of the House Kevin McCarthy and the resulting void in Republican leadership. In an era where most outcomes in Washington are predictable, best illustrated by yet another kick-the-can-down-the-road continuing resolution on spending passed the preceding weekend, the first successful use of a motion to vacate...
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Der Kryptomarkt wird feindlich übernommen: NEUE Spielregeln!
Soll ich noch Krypto kaufen? Was passiert am Kryptomarkt?
Hier anmelden für NGO-Finanz-Revolution 2023: https://thorstenwittmann.com/ngo-live-2023
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Feindliche Machtübernahme - Die Kryptospielregeln ändern sich!
Ex-Investmentbanker Jürgen Wechsler ist ein häufiger Gast unserer Community und beschäftigt sich mit Währungen seit knapp 30 Jahren.
Wir besprechen heute u.a. folgende...
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Dollarization Puts Foreign Economies at the Mercy of the US Regime
Argentinian presidential candidate Javier Milei—who could actually win in the general election later this month—has become famous for his fiery speeches and his libertarian views from central banking to government spending. Milei's proposed policies—if he's able to actually implement them—would do much to help the Argentinian economy recover from decades of malaise caused by runaway government spending and monetary inflation. Among Milei's...
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¿Gobiernos y Economías al Borde del Abismo?
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“El Modelo Europeo Está Condenado a la Ruina Energética” (Mi Intervención en NegociosTV)
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Mises Wire
But once a commodity is established as a money on the market, no more money at all is needed.
—Murray Rothbard, Taking Money Back
The Fed’s distinguishing characteristic is its grant of privilege to buy assets with money it doesn’t have. No other person or institution can legally do this; those that tried would be indicted for counterfeiting.
At the very least you might think this would raise eyebrows, but it doesn’t except in fringe quarters. It...
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Ada Colau Y Mónica García… ¿MINISTRAS?
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Power Vacuum: How the State Wants to Suck Electricity from the SUV You Are Required to Buy
Because California’s government has hamstrung electricity producers in the state, its legislature now wants EVs to be “bidirectional,” that is, to put power from their batteries back into the grid.
Original Article: Power Vacuum: How the State Wants to Suck Electricity from the SUV You Are Required to Buy
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ESTAS Son Las 5 Reformas Que NINGÚN Partido Quiere Hacer
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True Money Supply Is the Correct Measure of Inflation, Not Consumer Price Index
Historically, inflation always referred to an increase in the money supply, whereas nowadays it refers to an increase in prices.
This shift in the definition of inflation lets central banks get away with their fraudulent business. Thus, the original definition must be reestablished. We must, by all means, switch the focus from the symptoms to the disease.
The CPI Deserves Less Attention
The lure of the Consumer Price Index (CPI) doesn’t just...
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Mises versus Hayek on the Future of Civilization
While F.A. Hayek is known for his term “spontaneous order,” Mises saw institutional development as coming from growth in human understanding of things.
Original Article: Mises versus Hayek on the Future of Civilization
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Public Goods Viewed through Entrepreneurship
Public goods, in mainstream economic theory, are goods that are nonrivalrous, where one person using a good does not preclude anyone else’s capacity to do the same, and nonexcludable, where owners of the public goods are generally unable to restrict anyone’s access to the good. Commonly touted examples include public lighting, like streetlights, radio, firework shows, military defenses, and flood defenses.
To the mainstream, public goods present an...
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ESPAÑA SECUESTRADA POR SEPARATISTAS
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The slow, stealthy but steady spread of absolutism
Part II of II by Claudio Grass, Switzerland
Over the last couple of years, we saw countless examples of free speech suppression and of the steep price paid by those who chose to exercise that right. Divergent ideas and thoughts contradicting the government narrative were silenced and often punished in ways that would have been entirely unimaginable before the covid outbreak.
No matter what one thinks about the pandemic, about the policies...
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States Are Dying from Corruption and the Exponential
The state is held together by violence and nothing else. There is no such thing as "the social contract." But even violence cannot make a state last past its time, as we saw with the USSR.
Original Article: States Are Dying from Corruption and the Exponential
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How Is the Fed Insolvent and Why Should We Care?
Alex Pollock has decades of experience in financial markets, including a position as President of the Federal Home Loan Bank of Chicago. He explains to Bob the mechanics of the Fed's current insolvency and its implications for ordinary Americans.
Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 of-f admission: Mises.org/FL23...
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¿Es la banda QUEEN Tan Buena Como Dicen?
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Statism Stands against Free Trade and Free Association
Free trade has its enemies on the left and the right. However, despite the supposed “sophistication” of their antitrade arguments, when we break them down, those arguments really are sophistry.
Original Article: Statism Stands against Free Trade and Free Association
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