Category Archive: 6b) Austrian Economics

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If One Wishes to Discredit Capitalism, One Should at Least Understand How It Works

2024-01-26

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2024-01-26

Socialism: A Logical IntroductionScott R. SehonOxford University Press, 2024; 268 pp. This is a better book than I expected it to be, but it is not without its problems. Scott Sehon, a philosophy professor at Bowdoin College, is strongly inclined to believe that socialism is better than capitalism, but in the book, his main aim is to set forward some of the main arguments in favor of each system, indicating their strengths and weaknesses. He has an...

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US-China Dynamics: Key Considerations for Investors in a Global Market

2024-01-26

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The thought of risking American lives and resources over Taiwan leaves most Americans perplexed. The goal for the US here, which former DoD official Elbridge Colby and I agree on, is to avoid a war with China. To do that, Elbridge says we urgently need to overhaul our defense strategy. He lays out a concise plan for this in my latest Global Macro Update interview. Here’s Colby: “[T]he best thing for the American people, and frankly the best...

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Climate Deniers Deny Socialism. That’s Why the Regime Hates Them.

2024-01-26

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2024-01-26

Free markets is an unambiguous term, which implies a lack of inappropriate government intervention as consumers and firms pursue their own interest in a competitive environment. (my emphasis) —Clifford Winston, “This Economist Really Loves Free Markets”   Inappropriate government intervention is a line government finds easy to cross, much like the Constitution’s “general welfare” clause. The latter was never intended to be a provision of infinite...

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Wie investiere ich in 2024? – Tipps vom Experten, die dich reich machen!

2024-01-26

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„Zufälliger“ schwarzer Schwan voraus! – Mein Geldausblick 2024 VIP-Live-Event Edelmetalle: https://thorstenwittmann.com/vip-club-live Jetzt mit Krypto und DeFi Vermögen aufbauen und schützen: https://www.kryptopowerhouse.com/ Im letzten Jahr habe ich nachweislich meinen Favoriten für 2023 am Jahresanfang auf unserem YouTube-Kanal bekannt gegeben. Es war Krypto. Im Nachhinein betrachtet war Krypto die beste der großen Investmentklassen und...

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The Next Austrian School Renaissance

2024-01-26

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2024-01-26

Having recently completed forty-one years as a university economics professor I am convinced that books like Human Action in particular, and the Austrian School in general, are more needed than ever if Western civilization is to be saved from the onslaught by the current generation of “cultural” Marxist totalitarians. All socialists, Mises wrote in Socialism, are first and foremost “destructionists” who want to destroy the existing institutions of...

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Warum schnell reichwerden nicht funktioniert?

2024-01-26

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Faszination-Freiheit heute aus : Warum schnell reichwerden nicht funktioniert? #mythos #langsameristschneller #finanziellefreiheit Thorsten Wittmann® Finanzielle Freiheit leben Du kannst dir die heutige Ausgabe hier auf YouTube ansehen oder auch bei deinem gewünschten Podcastanbieter anhören (Suche: Thorsten Wittmann / Faszination Freiheit). Hier geht es zu meinem Podcast: https://thorstenwittmann.com/podcast/ Gratis unsere besten Finanztipps...

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Biden and Forgotten Federal Financial Tyranny

2024-01-25

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2024-01-25

Americans were jolted last week to learn that the Joe Biden administration viewed purchasing a Bible as a potential terrorist warning sign. Representative Jim Jordan (R-OH), chairman of the House Judiciary Committee, revealed that the Treasury Department’s Financial Crimes Enforcement Network stretched its “suspicious behavior” definition to include purchasing a Bass Pro Shop hat, as well as items sold by Cabella’s and Dick’s Sporting Goods. If...

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Babylon Bee Deserves Krugman’s Nobel Prize

2024-01-25

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2024-01-25

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Mises Institute Fellow Jonathan Newman to discuss economic fake news, featuring a cameo by Taylor Swift and Selina Gomez. Also, sign up today for our special Radio Rothbard raffle for a free entry into our 2024 Human Action Conference, celebrating the 75th anniversary of Ludwig von Mises's masterpiece. Mises.org/RRraffle. Discussed on the Show  "Selena Gomez...

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Unbreakable Union: Lessons Learned from the Demise of the Soviet Union

2024-01-25

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2024-01-25

[This week marks the one-year anniversary of the death of Yuri Maltsev. Dr. Maltsev had been an economist in the Soviet Union under Gorbachev, and defected to the United States in 1989. This article is an adaptation of a lecture written by Dr. Maltsev for the 2011 Austrian Scholars Conference in Auburn, Alabama.]  The opening lines of the state anthem of the USSR went as such: “An unbreakable union of free republics, Great Rus has united forever....

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The Federal Government’s Version of “Fiscal Responsibility” Offends Merriam and Webster

2024-01-25

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2024-01-25

A glance at the introductory sections in the 2024 budget put forth by the Biden administration might invite dangerous bouts of laughter if only the topic were not so serious and our so-called leaders not so delusional. After the “Budget Message of the President,” the fun begins with “Delivering Results for the American People” and “Growing the Economy from the Bottom Up and Middle Out” followed by the impossible-to-say-with-a-straight-face...

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Irene Montero no sabe definir QUÉ ES UNA MUJER

2024-01-25

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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 saludo!

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The Fed Prepares for a Bank Crisis While Telling Americans the Economy is Strong

2024-01-25

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2024-01-25

Last Thursday, Bloomberg reported that federal regulators are preparing a proposal to force US banks to utilize the Federal Reserve’s discount window in preparation for future bank crises. The aim, notes Katanga Johnson, is to remove the stigma around tapping into this financial lifeline, part of the continuing fallout from the failures of several significant regional banks last year. This new policy is reminiscent of the Fed’s actions during the...

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What Does Classical-Liberal Foreign Policy Look Like?

2024-01-24

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2024-01-24

Ryan and Zach review a new book on the basics of the "classical liberal" theory of international relations. Drawing on the work of Mises and Hayek, Edwin van de Haar's new IR book provides a useful and insightful summary of how a pro-freedom foreign policy differs from the usual foreign policy in Washington.  Additional Resources "Human Nature and World Affairs: An Introduction to Classical Liberalism and International...

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Why Open Borders Don’t Work for Small Countries

2024-01-24

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2024-01-24

The arguments of open-borders advocates may be applicable in some corners of the developed world. However, for small countries next to larger ones, open borders bring serious geopolitical consequences.  Original Article: Why Open Borders Don't Work for Small Countries

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Jamaica Still Struggles Economically, But There Is Hope for the Future

2024-01-24

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2024-01-24

The island nation of Jamaica has beautiful beaches but a problem with poverty. Jamaica needs capital and free markets, not more state control of the economy. Original Article: Jamaica Still Struggles Economically, But There Is Hope for the Future

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Why Society Doesn’t Need the State

2024-01-24

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2024-01-24

Thomas Hill Green, an eighteenth-century English philosopher, didn't believe it was possible to have a good society without a powerful state. David Gordon explains why Green’s argument fails to impress. Original Article: Why Society Doesn't Need the State

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HUELGA GENERAL EN ARGENTINA CONTRA LA LIBERTAD Y EL CAMBIO

2024-01-24

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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 saludo!

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A Field Guide to Dubious Fact Checking

2024-01-24

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2024-01-24

It’s now 2024—the Associated Press says so. In case a claim was made that it’s still 2023, the Associated Press wants to assure everyone that that is false. Now, that’s a fact-check. What isn’t a fact-check is most of what is produced by the fact-check industry. PolitiFact, FactCheck.org, and each of the in-house media organizations like CNN’s Facts First are merely confirmation machines, apparatus that reinforce the original lie, like putting...

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Passives Einkommen, was ist das eigentlich?

2024-01-24

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Faszination-Freiheit heute aus : Was ist passives Einkommen wirklich? #passiveseinkommen #finanziellefreiheit #schnellreich Thorsten Wittmann® Finanzielle Freiheit leben Du kannst dir die heutige Ausgabe hier auf YouTube ansehen oder auch bei deinem gewünschten Podcastanbieter anhören (Suche: Thorsten Wittmann / Faszination Freiheit). Hier geht es zu meinem Podcast: https://thorstenwittmann.com/podcast/ Gratis unsere besten Finanztipps und...

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Biden’s Middle East Policy Puts Americans at Risk

2024-01-24

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2024-01-24

The situation in the Middle East is growing more and more dangerous for the Americans stationed there. Two Navy SEALs are dead after being lost at sea off the coast of Somalia while searching a boat that was allegedly carrying weapons bound for Yemen. And many US troops have suffered concussions and other brain injuries in rocket attacks in Iraq and Syria. President Joe Biden and his advisors are reportedly convinced that it is only a matter of...

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