Category Archive: 6b) Austrian Economics
The Myth of the Unchanging Value of Gold
According to mainstream economics textbooks, one of the primary functions of money is to measure the value of goods and services exchanged on the market. A typical statement of this view is given by Frederic Mishkin in his textbook on money and banking. “[M]oney ... is used to measure value in the economy,” he claims. “We measure the value of goods and services in terms of money, just as we measure weight in terms of pounds and distance in terms of...
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La ÉLITE del Cine está DESCONECTADA de la Realidad
Todos cabemos en un mundo abierto de individuos libres. Donde no cabemos ninguno es en el mundo totalitario socialista que utiliza a algunos artistas bienintencionados para tomar el poder y luego los convierte en los primeros a los que purga y cancela.
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Javier Milei Understands the Road to Serfdom
Each week we encounter mouthwatering policies implemented by the newly elected libertarian president of Argentina Javier Milei. He has the libertarian community in awe.
His arrival to politics with an openly antisystem discourse shook not only the local scene in Argentina but also the rest of the world.
But how? The respective libertarian parties in each country barely get enough votes to even appear on the main grid on election night!
There are...
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DOPAJE DE LA ECONOMÍA CON TU DINERO
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Bank Crises and the Interventionist Spiral
Silvergate Bank, Silicon Valley Bank, Signature Bank, and First Republic Bank fell like dominos in March–April 2023. The United States Treasury, Federal Reserve, and Federal Deposit Insurance Corporation (FDIC) intervened in an unprecedented way to stall the domino effect. They waived the FDIC’s $250,000 cap on insured deposits at the failed banks, and the Fed instituted the Bank Term Funding Program to bail out any and all banks that run into...
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ESCÁNDALO DE GASTO POLÍTICO EN TVE Y MONCLOA
Pedro Sánchez incrementa su equipo de asesores a un número sin precedentes, mientras que los directivos de Radio Televisión Española ganan enormes sumas de dinero.
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Are Free Markets More Dangerous than Regulated Markets?
Is the regulatory choice a tradeoff between safety or “breaking a few eggs” via free markets? The logic of allowing for free and unhampered markets is compelling.
Original Article: Are Free Markets More Dangerous than Regulated Markets?
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Biden’s Middle East Policy Puts Americans at Risk
The Biden administration’s Middle East policies are going to produce the same kind of blowback that led to the 9/11 attacks. The more reckless Biden becomes, the more American lives are placed at risk.
Original Article: Biden's Middle East Policy Puts Americans at Risk
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Biden and Forgotten Federal Financial Tyranny
Under Obama and Biden, the banking sector has been weaponized against industries American leftists don't like. The Obama administration acted as if its regulatory targets did not deserve due process, and the program ravaged far and wide.
Original Article: Biden and Forgotten Federal Financial Tyranny
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If One Wishes to Discredit Capitalism, One Should at Least Understand How It Works
Scott R. Sehon tries to be intellectually honest in his critique of capitalism and his endorsement of socialism, but David Gordon writes that Sehon needs to better know the arguments favoring capitalism.
Original Article: If One Wishes to Discredit Capitalism, One Should at Least Understand How It Works
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NUESTRAS PELICULAS FAVORITAS DE TERROR
#premiosgoya2024 #cine #terrorjapones #terror #cineespañol
Hablamos con Marcos García Ortega sobre nuestras películas de terror favoritas. Desde clásicos hasta joyas ocultas.
Suscríbete a su canal: @BladeCinema5481
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Los DESAFÍOS que enfrentan los PAÍSES LATINOAMERICANOS
VIDEO COMPLETO EN MI CANAL.
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New Jobs Report: Full-Time Jobs Disappear as Fewer Americans Find Work
According to a new report from the federal government's Bureau of Labor Statistics last Friday, the US economy added 353,000 jobs for the month of January while the unemployment rate held at 3.7%. CNN news was sure to tell us that this was a "shockingly good jobs report" and it "shows America's economy is booming."
At this point, many of us who follow these numbers have become accustomed to the routine: the BLS reports...
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Fed Wisdom and the Magnificent Seven
In this week's episode, Mark takes a quick look back at Fed wisdom in the year 2000, and then surveys today's stock market—and, in particular, the Magnificent Seven stocks, which represent very narrow leadership of the overall stock market.
Be sure to follow Minor Issues at Mises.org/MinorIssues.
Get your free copy of Dr. Guido Hülsmann's How Inflation Destroys Civilization at Mises.org/IssuesFree.
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The Fed Claims the Banking System is “Sound and Resilient.” The Banks’ Balance Sheets Say Otherwise
The wordsmiths at the Federal Reserve wisely omitted the line about a “sound and resilient” banking system in its statement on January 31. That same day shares of New York Community Bank plunged when the bank announced a loss of thirty-six cents per share when analysts expected earnings of twenty-seven cents a share for the fourth quarter.
Internal or external auditors occasionally comb through individual loans in a bank’s portfolio and make...
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Do We Really Want to Go There? A Michigan Jury Endorses Vicarious Criminal Liability
A Michigan jury this past week convicted Jennifer Crumbley of “involuntary manslaughter” after her then-fifteen-year-old son Ethan shot and killed four of his classmates at Oxford High School in 2021, using a gun that his parents had given to him as a present. Ethan had suffered from depression and other mental health issues before his deadly actions, and hindsight obviously tells us that he should not have been given a gun in the first place, but...
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What Can We Learn from the Latest Pentagon Audit? Both Plenty and Not Much
No one was surprised last November when the Pentagon failed its sixth audit, serving up a sorry record of zero and six. The accomplishment received little mainstream media coverage. Scott Ritter excoriated his former employer (and mine) over the fraud, pointing out that the money wasted and the scope of the United States military activity is so massive, it is nearly incomprehensible to most Americans.
Ritter points out that audits are done by...
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“Nonsense on Stilts”: The Rhetorical Cornerstone of the American Welfare/Warfare State
In a 1922 essay about Lincoln’s Gettysburg Address in his book Prejudices: Third Series H.L. Mencken asked, “Am I the first American to note the fundamental nonsensicality of the Gettysburg Address”? One example of the nonsense of Lincoln’s rhetoric as explained by Mencken is as follows:
“Think of the argument in it. Put it into the cold words of everyday. The doctrine is simply this: that the Union soldiers who died at Gettysburg sacrificed their...
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La Libertad Avanza (a pesar de TODO) con Iván Espinosa de los Monteros
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¡Un saludo!
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