In a bold and transformative move, President Donald Trump announced his administration’s intention to downsize the federal government by offering compensation to federal workers who voluntarily resign. This policy aims to enhance the efficiency of the American economy by reducing bureaucratic inertia and reallocating human capital to more productive sectors. While the proposal has sparked controversy, it represents a crucial step towards fostering...
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Category Archive: 6b) Austrian Economics
LA INFLACIÓN SE DISPARA CON EL GASTO PÚBLICO E IMPRIMIENDO DINERO
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Trump’s Revival of Lincoln’s “Colonization” Plan
Now that the US and Israeli military has bombed almost all of Gaza into a smoldering ruin and killed tens or hundreds of thousands of Palestinians, President Trump has proposed getting Jordan and Egypt to house the remaining Palestinians. He has threatened to withdraw US taxpayer “aid” to these countries if they do not accept his proposal. This is essentially a revival of Lincoln’s lifelong dream of deporting or “colonizing” all of the black people...
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Trade War with China Threatens America’s Bubble Economy
Donald Trump’s coming trade war with China could ultimately topple the current US economic regime of monetary inflation which enables America’s bubble-monopolist capitalism. The road, though, is unlikely to be direct or smooth.Some trade warriors argue that the economic war with China will improve the prospects for US prosperity by stimulating onshoring of industrial activity. Critics argue that, in so far as onshoring occurs there is likely to...
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Can We Really Cut Half of the Military Budget? You Bet!
The wailing sound you heard last Thursday was the chorus of the Beltway warmongers shrieking in despair at President Trump’s suggestion that there was no reason for the United States to be spending one trillion dollars on “defense.”“…[O]ne of the first meetings I want to have is with President Xi of China and President Putin of Russia, and I want to say let’s cut our military budget in half. And we can do that, and I think we’ll be able to do...
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The Technocracy Movement and Howard Scott
The 20th century was full of ideological movements. Were we to look at American-made political movements alone, we can see the Progressive Era, the New Deal, the several Civil Rights Movements coupled with 60s Radicalism, Reagan-era American Conservatism, and closing the century off with a weird mixture of Bush-Clinton-Bush-era Conservatism and Liberalism. One American-made political movement that is not talked about enough, however, is...
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The Great Burt Blumert
February 11 would have been the 96th birthday of Burt Blumert, one of my greatest friends and a great champion of Rothbardian libertarianism. (He actually died in 2009.) Some of my readers, especially the younger generation, might not recognize his name, because Burt was a quiet man who worked to do good behind the scenes. In this week’s column, I’m going to tell you about Burt—both what he did and what he was like as a person.Burt is an example of...
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DESMONTANDO LAS MENTIRAS SOBRE MILEI Y LIBRA
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Statist Egalitarianism and Patriotism
In his 1963 essay, “The Negro Revolution,” Murray Rothbard observes that by the 1930s and 1940s American intellectuals had embraced two principles:(1) all races and ethnic groups are intellectually and morally equal or identical, and (2) that therefore no one should be allowed to treat anyone else as if they were not equal, i.e., that the State should be used to compel absolute equality of treatment among the races.As Rothbard points out, the first...
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Purchasing Power and the International Demand for Dollars
Often various factors are perceived to be important in determining a currency rate of exchange. For instance, for some commentators an increase in the government foreign debt is regarded as pointing to a likely deterioration in economic fundamentals ahead. This provides the rationale for the selling of the currency of concern.For many economists, the state of the balance of trade is a key factor in the currency exchange rate determination. On this...
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Trump Must Cut Millions of Tax-Funded “Private” Jobs
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JD VANCE DESTROZA A LOS BURÓCRATAS ANTI IA
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Common Sense, Then and Now
Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America and the revolution of common sense. It’s all about common sense. — President Donald Trump’s inaugural address, January 20, 2025 (emphasis added)Presidents other than Trump have invoked the appeal of “common sense” in their inaugural address, though, in the case of George W. Bush, it carried the message of perpetual war:We...
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USAID ES YA EL MAYOR CASO DE CORRUPCIÓN DE AMERICA
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The Fed Has Stopped Pretending that Price Inflation Is Going Away
At its September 2024 meeting, the Fed’s FOMC cut the target federal funds rate by a historically large 50 basis points and then justified this cut on the grounds that “The Committee has gained greater confidence that inflation is moving sustainably toward 2 percent, and judges that the risks to achieving its employment and inflation goals are roughly in balance.”The FOMC again cut the target rate in November and then again in December. Each time,...
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On Swiss National Bank
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SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
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SNB Sight Deposits: decreased by 3.6 billion francs compared to the previous week
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
Main SNB Background Info
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