Category Archive: 6b) Austrian Economics

Filter archive by: Show All Show only Articles Show only Videos

EL GOBIERNO USA LA INMIGRACIÓN PARA MANIPULARTE

2024-08-27

by

El gobierno tacha de xenófobos y racistas a quienes critican la inmigración ilegal, argumentando que los inmigrantes sostendrán nuestras pensiones. 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 -...

Read More »

Only the Federal Reserve Can Cause Inflation

2024-08-27

by

2024-08-27

During election years, incumbent presidents are routinely blamed for every societal ill during the previous four years. And almost nothing is riper for the picking than a significant rise in consumer prices. According to the Bureau of Labor Statistics (BLS), prices are currently increasing at a rate of 3 percent year over year and peaked at 8 percent during President Biden’s term in 2022.That is significantly higher “inflation,” as the BLS defines...

Read More »

The Fed’s Fiat Money Is the Real Cause of Price Inflation

2024-08-27

by

2024-08-27

During election years, incumbent presidents are routinely blamed for every societal ill during the previous four years. And almost nothing is riper for the picking than a significant rise in consumer prices. According to the Bureau of Labor Statistics (BLS), prices are currently increasing at a rate of 3 percent year over year and peaked at 8 percent during President Biden’s term in 2022.That is significantly higher “inflation,” as the BLS defines...

Read More »

Natural Law and Rothbardian Liberty

2024-08-27

by

2024-08-27

Natural law is often regarded with suspicion by social scientists because they conceptualize human nature, and increasingly even the nature of animals, as a social construct. In their view there is no essential human nature by reference to which we can decide what is in the best interests of society. They argue that we must instead adopt an aspirational approach, by constructing a better and fairer world for the planet, and by discovering what is...

Read More »

The Incursion into Russia Will Not Solve Ukraine’s Biggest Problem

2024-08-27

by

2024-08-27

Earlier this month, Ukrainian forces crossed their northern border and entered Russian territory. The Ukrainians quickly took village after village as the Russian troops stationed in this Kursk region were sparse, often conscripted, and in some cases even unarmed.Ukraine claimed to have captured over 400 square miles of Russian territory. Top Ukrainian officials and many of the staunchest supporters in Western media celebrated the operation as a...

Read More »

EL PARTIDO DEMÓCRATA MÁS HIPÓCRITA QUE NUNCA

2024-08-26

by

Michelle Obama, con una fortuna de $200 millones, critica la riqueza, vendiendo la falacia de que ser rico es malo. 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 -...

Read More »

What the Media Says about Homeschooling

2024-08-26

by

2024-08-26

You would think that the growing popularity of homeschooling in the United States would be in more news headlines. Estimates from the National Home Education Research Institute (NHERI) reveal a staggering increase in the number of homeschool students since the 1970s—by a factor of 238. Of course, there was a surge in homeschooling during the Covid lockdowns, when many public schools either went completely virtual or implemented harsh measures that...

Read More »

Nothing Ever Happens

2024-08-26

by

2024-08-26

We are stuck in the middle of the road, far away from full socialism or the unhampered market.On Friday August 2, due to a disappointing jobs report, there was a large sell off on the stock market. After understanding Austrian Business Cycle Theory (ABCT) and the structural fragility the Federal Reserve creates in the production structure, my temptation upon seeing such a large swing in the market is to say, “Finally, I am vindicated! The boom-bust...

Read More »

Diplomacy, Distrust, and Nuclear War

2024-08-26

by

2024-08-26

The war in Ukraine rages. Underwritten by US dollars, arms, intelligence, and provocation, US leaders have prolonged the war. And, in funding and arming Ukraine to the teeth, they have escalated tensions with Russia, a nation with thousands of nuclear weapons. Just this week, for the third straight month, the Russian military conducted drills to prepare for using short-range, “tactical” nuclear weapons. The risks could not be graver. Yet, as the...

Read More »

Industrial Policy, Green Deals, and the Well-Paid New Public Intellectuals

2024-08-26

by

2024-08-26

The renaissance of industrial policy has been promoted by a breed of public intellectuals with considerable financial interests as they are well paid consultants for governments.Our new book, Moonshots and the New Industrial Policy: Questioning the Mission Economy, takes a critical look at the renaissance of state capitalism and interventionist industrial policies. The book features contributions from 23 different scholars, it is published by...

Read More »

How the Federal Government Conquered Utah

2024-08-26

by

2024-08-26

[Unpopular Sovereignty: Mormons and the Federal Management of Early Utah Territory, by Brent M. Rogers, Nebraska University Press, 2017, xiv + 383 pp.] Behind its clinical-sounding subtitle about “federal management,” Brent Rogers’s Unpopular Sovereignty contains essential history for understanding how American westward expansion paved the way for the growth of federal power during and after the American Civil War.Contrary to the popular myth that...

Read More »

The Fable of the Economic “Soft Landing”

2024-08-26

by

2024-08-26

According to some commentators, to counter inflation interest rates in the US must increase to a level that effectively restrains the economy. It is held that this increase in interest rates does not have to cause a recession if Fed’s policy makers could orchestrate a “soft landing.” The economy is portrayed as a spaceship that occasionally deviates from a path of “stable” economic growth and “stable” prices. All that is required to fix the problem...

Read More »

MONTERO TE MIENTE SOBRE EL ACUERDO DE CATALUÑA

2024-08-25

by

Montero afirma que el acuerdo PSC-ERC no es un concierto económico ni una reforma del sistema de financiación. 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...

Read More »

American Peronism: Kamala’s Plan to Ruin America’s Economy

2024-08-24

by

2024-08-24

Price controls, higher taxes, government intervention, and subsidies paid for by printing a constantly devalued currency.These are the essential pillars of “21st century socialism” and the radical left Peronism that obliterated Argentina. These are also the main elements of the economic plan presented by Kamala Harris and the Democratic Party. Undoubtedly, this is the most radical socialist economic plan ever announced by the Democrats.According to...

Read More »

PATXI LÓPEZ METE LA PATA AL INTENTAR DESVIAR LA ATENCIÓN DE LA CORRUPCIÓN

2024-08-24

by

Patxi López intenta desviar la atención de la corrupción en el PSOE, pero le sale el tiro por la culata. 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...

Read More »

Presidential Election or Economic Illiteracy Contest?

2024-08-24

by

2024-08-24

The 2024 Presidential election appears to be a showdown between two major party candidates vying to display the most evident lack of understanding of economics. On one hand, Donald Trump advocates for hyper-protectionism and even entertains the idea of reverting to mercantilism, in addition to proposing that the President should have influence over setting interest rates at the Federal Reserve. Despite the glaring absurdity of the latter proposal,...

Read More »

The Mises-Hoiles Correspondence: What Might Have Been

2024-08-24

by

2024-08-24

From 1949 to 1962, two libertarian giants exchanged several letters until a sharp conflict caused the correspondence to cease abruptly. An American entrepreneur and a staunch libertarian-anarchist, Raymond Cyrus (R.C.) Hoiles (1878–1970) established an impressive newspaper syndicate that would eventually become known as Freedom Newspapers, Inc.—the largest libertarian communications network to date. The other, iconic Austrian economist Ludwig von...

Read More »

Why State Enforcement of “Fairness” is Wrong

2024-08-24

by

2024-08-24

There is a popular perception that the role of the state is to uphold and enforce “fairness” much like a playground monitor ensures that children are not bullying each other, and that everyone is getting a fair chance to be included in the game. The fear is that if teachers do not monitor the schoolyard it might descend into the Lord of the Flies. Likewise, the state is said to have a moral duty to ensure fairness and goodwill among all citizens in...

Read More »

Past Tense

2024-08-24

by

2024-08-24

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...

Read More »

The Classical Economists’ Theory of Value Was More Sophisticated than You Think

2024-08-23

by

2024-08-23

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...

Read More »