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Category Archive: 6b) Austrian Economics

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HIPOCRESÍA CLIMÁTICA DEL GOBIERNO Y LO QUE NIEGAN EN LA PRÓXIMA DANA

2024-11-15

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El gobierno recauda 21.000 millones en impuestos "verdes", pero destruye embalses, frena prevención de inundaciones y prohíbe limpiar ríos. 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 -...

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We’re Already on Track for a $2 Trillion Deficit this Year

2024-11-15

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2024-11-15

The Treasury Department posted its latest revenue and spending totals this week, and deficits continue to mount at impressive speed. During October—the first month of the 2025 fiscal year—the federal deficit was more than a quarter of a trillion dollars, coming in at $257.4 billion. Tax revenue in October had totaled $326 billion, but spending totaled $584 billion. Now one month into the new fiscal year, the federal government is on pace to add...

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“NAFTA Fever” and the Myth of Government-Created Free Markets

2024-11-15

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2024-11-15

Left or right, the enemy is the free market. Every problem is the fault of the free market. On the left, the supposed radical deregulation of the 1980s paved the way for the financial crisis and the destruction of the environment. On the right, free trade is responsible for the gutting of manufacturing. The free market is made out in this mythos to have had its heyday in the 1980s and ‘90s and destroyed everything. Even free market advocates fall...

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Price Inflation Accelerated in October Following the Fed’s Rate Cut

2024-11-15

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2024-11-15

According to the Bureau of Labor Statistics’ latest price inflation data, CPI inflation in October accelerated and month-to month increases in CPI inflation hit multi-month highs.The seasonally adjusted Consumer Price Index (CPI) rose 0.24 percent month over month in October, rising to a six-month high. Year over year, the CPI rose 2.49 percent in October, not seasonally adjusted. That’s a three-month high.The ongoing price increases largely...

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TRADE WAR 2.0: Why Trump vs Xi Will Be Different This Time | Shehzad Qazi

2024-11-15

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Sign up for my free newsletter here: https://www.mauldineconomics.com/go/JM563N/MEC Shehzad Qazi, the managing director at China Beige Book, pegs the probability of a US-China trade war in 2025 at 100%. He expects Trump to sign tariff legislation on day one of his second term. In our interview, Shehzad discusses what this means for US-China relations, along with China’s staggering trade surpluses, and how Europe and emerging markets fit into the...

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Stanley’s Orwellian Anti-Fascism

2024-11-15

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2024-11-15

Erasing History: How Fascists Rewrite the Past to Control the Future. By Jason Stanley. Atria One Step Publishing, 2024; 256 pp.Jason Stanley is a well-regarded philosopher of language, but you would never realize it from this rambling and incoherent book. Stanley rightly says that control of public education is an essential characteristic of fascism. By “fascism,” I should add, he includes Nazism. He also notes that fascists wanted to restrict the...

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Stanley’s Orwellian Anti-Fascism

2024-11-15

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2024-11-15

Erasing History: How Fascists Rewrite the Past to Control the Future. By Jason Stanley. Atria One Step Publishing, 2024; 256 pp.Jason Stanley is a well-regarded philosopher of language, but you would never realize it from this rambling and incoherent book. Stanley rightly says that control of public education is an essential characteristic of fascism. By “fascism,” I should add, he includes Nazism. He also notes that fascists wanted to restrict the...

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Die BRICS-Rebellion ist gestartet | Dramatische Folgen für Dollar, Euro und bald leere Regale?

2024-11-15

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Währungskrieg und Versorgungsengpässe: Jürgen Wechsler analysiert die neuen BRICS Handelswährungen Zum Geldtraining: https://thorstenwittmann.com/brics-weltordnung Freitagstipps abonnieren: https://thorstenwittmann.com/klartext-yt Brics+ greift an (ohne es so zu nennen). Die westlichen Medien tun das, was sie am besten können … schweigen. Die USA droht anderen Ländern bereits mit 100% Zöllen (!) und attackiert parallel erste Währungen, die...

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The Context Behind Donald Trump’s “Takeover” of the American Right

2024-11-15

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2024-11-15

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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It’s Greek to Us: Angry Generation Z Women Reenact “Lysistrata” Post-Election

2024-11-15

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2024-11-15

In the aftermath of Donald Trump’s decisive victory over Kamala Harris on November 5, millions of American women—especially those of Generation Z, born between 1997 and 2012, currently aged from 12 to 27—are despondent and dismayed that Democrats’ campaign focus on abortion policy did not convince more voters to choose Harris. They are convinced that their “my body, my choice” freedom has been stolen from them by the Supreme Court’s 2022 decision...

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Totalitarianism Begins With A Denial of Economics

2024-11-14

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2024-11-14

In the history of the social sciences, no other field of study has attracted so great a level of hostility as the science of economics. Since the inception of the science, the onslaught against it has been on the rise, extending across individuals and groups. And the outlook for a favorable reception of the science is bleak, given that a significant number of people are incapable of following through the extended chains of reasoning required for...

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Abolish the Department of Homeland Security

2024-11-14

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2024-11-14

The Trump transition team on Wednesday announced that he is nominating South Dakota governor Kristi Noem as the next head of the Department of Homeland Security (DHS). In the coming weeks, we’ll hear a lot about Noem’s personal politics and origins. We’ll also hear about how the DHS is, as the AP puts it, “one of the biggest government agencies that will be integral to his vow to secure the border and carry out a massive deportation...

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Freedom and Property: Hans-Hermann Hoppe Talks About the Essence of Anarcho-capitalism

2024-11-14

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2024-11-14

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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Elections: Do They Really Matter?

2024-11-14

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2024-11-14

This article is adapted from a speech delivered at the Mises Circle in Fort Myers, Florida on November 9, 2024.The answer to the question posed in the title is: Yes and No. Yes, some elections have made a significant difference but in general, no, they have not. There are many reasons why elections generally no longer make much of a difference in terms of the economy. One is that for the past half century the average reelection rate of incumbents...

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AZOTE DE COMUNISTAS. TRUMP NOMBRA A MARCO RUBIO SECRETARIO DE ESTADO

2024-11-14

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Marco Rubio será secretario de Estado en la administración Trump, defendiendo la libertad en América Latina y luchando contra las dictaduras comunistas. #trump2024 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...

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Powell’s Reluctance to Bend Presents an Opportunity to Break the Fed

2024-11-14

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2024-11-14

The democratic mandate of the incoming Trump administration, along with Republican control of Congress and a confrontation of wills between the President-elect and the Federal Reserve Chairman make ending the Fed a bit less unthinkable. Jerome Powell accurately stated, in a slightly defensive tone, that it is not (currently) lawful for a President to fire a Federal Reserve Chairman. Where some see obstacles others see a challenge, and where Powell...

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The Fed’s “Temporary” Mortgage-Backed Security Experiment Will Last Decades

2024-11-14

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2024-11-14

It has been nearly 14 years since Federal Reserve Chairman Ben Bernanke told Congress that the Fed’s emergency quantitative-easing policy, of which the most radical part was buying mortgage-backed securities, was “temporary” and would be “reversed.”  The Fed made huge mortgage-backed securities purchases. The purchases pushed mortgage interest rates to artificially low levels, stoked the second great house price bubble of the 21st century and made...

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What Trump’s New Political Appointees Are Telling Us

2024-11-14

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2024-11-14

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 American Addiction to Transfer Payments

2024-11-14

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2024-11-14

There is plenty of commentary today about continuing large annual US federal budget deficits and the large federal debt that keeps mounting as a result of these relentless deficits. The budget deficit for federal fiscal year 2024 clocked in at $1.8 trillion, representing about 5 percent of US GDP, and the federal debt is now $35.5 trillion, approximately 100 percent of GDP.The Congressional Budget Office projects that annual budget deficits and the...

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Politics and Economics of the Deep State Monopoly

2024-11-14

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2024-11-14

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 »