Category Archive: 6b) Austrian Economics

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Central planning hubris and the medication crisis in Europe

2023-02-23

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2023-02-23

I’ve written countless articles on the topic of central planning and its failures, practical, economic, political and moral. In some cases, the arrogance of the central planners results in real devastation, often in actual loss of life and property, and the price for their mistakes is paid by not just the people they directly hurt but even by the generations to come.  In other cases, their blind ego and their unshakable belief that they can do...

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Schockierende Zahlen! Übersterblichkeit auf 44%

2023-02-23

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► Mein Merch: https://shop.marc-friedrich.de/ ► Mein neues Buch Du möchtest das erfolgreichste Wirtschaftsbuch 2021 "Die größte Chance aller Zeiten" bestellen? Auf Amazon: https://amzn.to/3WePFAu oder mit Signatur: https://www.marc-friedrich.de/ ► Friedrich & Partner Vermögenssicherung https://www.friedrich-partner.de/ ► Social Media Twitter: http://www.twitter.com/marcfriedrich7 Instagram:...

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Biden versus Bastiat

2023-02-23

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2023-02-23

Whether well-intentioned or otherwise, a “Made in China” ban for construction materials on federally funded infrastructure projects will benefit a chosen political class to the detriment of all else. “This rival, which is none other than the sun, is waging war on us so mercilessly . . . We ask you to be so good as to pass a law requiring the closing of all windows, dormers, skylights.” Frédéric Bastiat’s scathing satire of the absurdity of...

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Bösartiger Plan fliegt auf (Interview mit Ronald Stöferle)

2023-02-23

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In Gold We Trust Report ➡️ https://ingoldwetrust.report/igwt/?lang=en Twitter ➡️ @RonStoeferle 🔴 Mitgliedschaft (immer noch 390) ➡️ https://investinbest.de/produkt/invest-in-best-mitgliedschaft-jaehrliche-zahlung/ 🔴Mitgliedschaft + Prepare for 2023 (490 einmalig, Verlängerung zu 390) ➡️ https://investinbest.de/produkt/mitgliedschaft-prepare-for-2023/ 🔴 Invest in Best ALL IN➡️https://investinbest.de/produkt/invest-in-best-all-in/ 💠 IIB LIVE EVENT ➡️...

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Ludwig von Mises’s Monetary Theory in Light of Modern Monetary Thought

2023-02-23

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2023-02-23

Ludwig von Mises's contributions to the development of the technical methods and apparatus of monetary theory continue to be neglected today, despite the fact that Mises succeeded exactly eight decades ago, while barely out of his twenties, in a task that still admittedly defies the best efforts of the most eminent of modern monetary theorists, viz., integrating monetary and value theory. Such a unified and truly "general theory" is...

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SNB dumps FANGS. Should You?

2023-02-22

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2023-02-22

John Rubino and Patrick Highsmith of Firefox Gold return as guests on this week’s program. The Swiss National Bank (SNB) loaded up on some of the largest cap stocks in the world like MSFT, GOOG, AMZN, TSLA, XOM and many more in order to weaken the Swiss francs vis-a-vis the Euro and the Dollar.  

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Money versus Monetary Policy

2023-02-22

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2023-02-22

Money is simple. The political program of monetary "policy" is not. Original Article: "Money versus Monetary Policy" This Audio Mises Wire is generously sponsored by Christopher Condon.

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The Power of Woke: How Leftist Ideology Is Undermining Our Society and Economy

2023-02-22

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2023-02-22

“It’s an important part of society whether you like it or not,” lexicologist Tony Thorne, referring to “wokeness,” told The New Yorker’s David Remnick in January. That’s an understatement. Wokeness is poisoning the Western workplace and constraining small and family businesses, midsized banks, and entrepreneurs while enriching powerful corporations and billionaires. It’s eating away at the capitalist ethos and killing the bottom-up modes of...

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Supporters Summit 2023

2023-02-22

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2023-02-22

Save the date!  Join us for our 2023 Supporters Summit, October 12–14, at the Mises Institute in Auburn, Alabama.  Lew Rockwell and Jeff Deist will host a weekend filled with engaging discussion and social time with other Mises members and speakers. We'll open Thursday evening, October 12 with a reception in Auburn. Friday, October 13, we'll have discussions and lunch at the Institute and close with a dinner at the new and unique Botanic in...

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Neulich bei der Pressekonferenz… 🤣

2023-02-22

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Quelle: Bundespressekonferenz vom 20.02.23 ► Mein Merch: https://shop.marc-friedrich.de/ ► Mein neues Buch Du möchtest das erfolgreichste Wirtschaftsbuch 2021 "Die größte Chance aller Zeiten" bestellen? Auf Amazon: https://amzn.to/3WePFAu oder mit Signatur: https://www.marc-friedrich.de/ ► Friedrich & Partner Vermögenssicherung https://www.friedrich-partner.de/ ► Social Media Twitter: http://www.twitter.com/marcfriedrich7...

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Food and Shelter Prices Keep Climbing as CPI Growth Hits a Three-Month High

2023-02-22

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2023-02-22

We're still living with the consequences of the massive monetary inflation by Trump and Biden. Prices are stubbornly high, and falling real wages are driving Americans to say things are getting worse. Original Article: "Food and Shelter Prices Keep Climbing as CPI Growth Hits a Three-Month High" This Audio Mises Wire is generously sponsored by Christopher Condon.

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Joe Biden and Protectionism: Continuing to Make America “Grate”

2023-02-22

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2023-02-22

Nobel Prize–winning economist George Stigler once wrote of economists as preachers, which he described as involving offering “a clear and reasoned recommendation (or, more often, denunciation) of a policy or form of behavior by men or societies of men,” particularly with respect to the ethics of market competition. With regard to defending those ethics (i.e., defending mutually voluntary arrangements that individuals make with one another versus...

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Bricht bald der dritte Weltkrieg aus? #ukraine #russia

2023-02-22

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► Mein Merch: https://shop.marc-friedrich.de/ ► Mein neues Buch Du möchtest das erfolgreichste Wirtschaftsbuch 2021 "Die größte Chance aller Zeiten" bestellen? Auf Amazon: https://amzn.to/3WePFAu oder mit Signatur: https://www.marc-friedrich.de/ ► Friedrich & Partner Vermögenssicherung https://www.friedrich-partner.de/ ► Social Media Twitter: http://www.twitter.com/marcfriedrich7 Instagram:...

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Secession: Should the American Revolutionaries Have Quit to Appease the Loyalists?

2023-02-22

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2023-02-22

When advocates of secession in the United States bring up “national divorce,” a common objection we hear is that secession can’t be allowed because it would make some people worse off. For example, we’re told that if, say, a majority of Floridians voted to secede, that still can’t be allowed because there would still be a minority that opposes secession. We especially hear this in the context of so-called red states—where, presumably, a majority of...

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The Price-Gouging State

2023-02-21

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2023-02-21

Politicians and the media are blaming businesses for inflation when, in fact, the skyrocketing prices of nearly everything have a government stamp on them. Original Article: "The Price-Gouging State" This Audio Mises Wire is generously sponsored by Christopher Condon.

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44 % Übersterblichkeit: Was sind die Ursachen?

2023-02-21

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► Schütze Dich vor digitaler Überwachung mit NordVPN (Rabattaktion) http://nordvpn.com/marc Schockierende Daten: Wir schauen uns heute die aktuellen Zahlen zur Übersterblichkeit in verschiedenen Ländern an und besprechen, was die Ursachen davon sein könnten. ► Mein Merch: https://shop.marc-friedrich.de/ ► Mein neues Buch Du möchtest das erfolgreichste Wirtschaftsbuch 2021 "Die größte Chance aller Zeiten" bestellen? Auf Amazon:...

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A Student Loan Fable

2023-02-21

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2023-02-21

A student goes into a bank. He tells the personal loan banker, “I want to borrow $7,500 per year for the next four or five years.” “That’s at least $30,000 over time,” the banker says. “Personal loans have a 10 percent interest factor.” “For my loan,” says the student, “I need an interest rate close to a home mortgage, like 6 percent. Also, I don’t want to be charged interest for the first four or five years of the loan.” The banker asks, “How long...

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Lipton Matthews: A 5-Way Global Perspective on Innovation and Entrepreneurship in the USA

2023-02-21

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2023-02-21

Entrepreneurship and innovation are the keys to economic growth and higher standards of living. The USA has long enjoyed leadership status on these dimensions — people see the USA as the land of entrepreneurs and the source of new ideas and advances in business. Is the reputation still deserved? Or is it being eclipsed as part of the general decline in standards and capabilities that we observe? Lipton Matthews is a global economic and...

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Yes, the US Government Has Defaulted Before

2023-02-21

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2023-02-21

While the 1979 default was relatively small, the 1934 default affected millions of Americans who had bought Liberty Bonds mistakenly thinking the government would make good on its promises. Original Article: "Yes, the US Government Has Defaulted Before" This Audio Mises Wire is generously sponsored by Christopher Condon.

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Forget the Liquidity Trap—Loose Monetary Policies Cause Recessions

2023-02-21

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2023-02-21

Advocates of Keynesian economics believe the Federal Reserve should pursue policies that will prevent the possible decline of the economy into a liquidity trap. But what is a liquidity trap? Economic activity often is presented in terms of a circular flow of money. Spending by one individual becomes part of the earnings of another individual, and spending by another individual becomes part of the first individual’s earnings. Recessions, by this...

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