Category Archive: 6b) Austrian Economics

BIDEN HUNDE A KAMALA E INSULTA A LOS VOTANTES DE TRUMP

Biden ofende a los seguidores de Trump, hundiendo aún más la campaña de Kamala. 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! #KamalaHarris2024...

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Mises on Predicting Election Outcomes

As of this morning, ABC’s Project FiveThirtyEight says that Donald Trump wins 53 times out of 100 and Kamala Harris wins 47 times out of 100. How can we make sense of this statement?To do so, we have to understand the difference between case probability and class probability.Presidential elections are unique events that are determined by the actions of humans, and so belong to the case probability category. The nature of such events is that...

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Markets Made of Glass—How the Fed Destroyed Economic Resilience

Central to any good investor’s decision-making process is determining the degree to which the target of investment is “robust to the downside.” Can the investment maintain its value—or even continue to provide sufficient return on capital—in the event of a pullback in the broader economy or a specific sector?Warren Buffett has aptly referred to this feature as “margin of safety.” While critical to rational decision-makers, margin of safety seems...

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The Private-Sector Job Market Is Shrinking

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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Does the Fed’s Lowering the Interest Rates Strengthen Economic Growth?

On September 18, 2024 the Federal Reserve (“Fed”) lowered its policy interest rate target by 0.5 percent to 5 percent. Most commentators, including the Fed chairman Jerome Powell, hold that the lowering of the policy rate is going to strengthen the economy. This way of thinking is based on the view that the lowering of interest rates is going to strengthen the demand for goods and services. As a result, this would strengthen the production of goods...

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The Systematic Bankrupting of America

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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Arbitrary Laws Have “Saved” New Yorkers From “Peanut” the Squirrel

The internet has blown up in rage at the recent capture and euthanization of a famous TikTok/Instagram Squirrel named “Peanut.” Peanut was rescued over 7 years ago by his owner Mark Longo. Since then, Peanut has become a hit on TikTok and Instagram where he garnered millions of views and support. But the State of New York has declared war on this little critter, as well as his companion, “Fred” the raccoon. Mark Longo described in a TMZ...

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To “Save Democracy,” Facebook Bans “Dictator”

Facebook notified me on Sunday morning that eight years ago, I posted a link to my Washington Times article warning of Dictatorial Democracy regardless of whether Hillary Clinton or Donald Trump won the 2016 election. The opening sentence set the tone: “The 2016 election campaign is mortifying millions of Americans in part because the presidency has become far more dangerous in recent times.” Facebook always gives users the option to “Share a...

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KAMALA HARRIS PODRÍA SUFRIR UNA DERROTA HISTÓRICA

Harris pierde popularidad: su mínima ventaja sobre Trump y evasión en temas clave como antisemitismo y fracking dejan a votantes desilusionados. 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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DANA EN VALENCIA: EL GOBIERNO IGNORÓ LAS ALERTAS Y OCULTÓ INFORMACIÓN

Más de 200 muertos y 250 desaparecidos en Valencia, una tragedia que se pudo haber evitado. 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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Consumers Upbeat, Bankruptcies and Foreclosures Increase

Normal folks rejoiced when the Federal Reserve lowered the only interest rate it controls, Fed Funds, by a surprise 50 basis points. However, since then, the rate on 10-year bonds has increased 70 basis points. Focusing on the positive, Almost Daily Grant’s (ADG) reports “An outbreak of optimism has taken hold across the land, as the Conference Board’s monthly gauge of consumer sentiment painted a pretty picture for the economy and asset prices...

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There’s No Market Process Independent of Competition

Many misconceptions about the nature of the free market system stem from an ignorance of who ultimately benefits from the market process. That the significant number of those who would benefit the most from the operations of the market—consumers—tend to also harbor much of the antagonisms against logically necessary features of the market highlights the unfortunate reality that the majority of people have yet to rightly understand how their best...

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Government Coverups and Censorship Are the Problem

“What makes it possible for a totalitarian or any other dictatorship to rule is that people are not informed; how can you have an opinion if you are not informed? If everybody always lies to you, the consequence is not that you believe the lies, but rather that nobody believes anything any longer… And a people that no longer can believe anything cannot make up its mind. It is deprived not only of its capacity to act but also of its capacity to...

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Private-Sector Jobs Went Negative in October. Will the Fed Panic Again?

According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added only 12,000 payroll jobs during October. This was the smallest month-to-month employment gain in nearly four years. Moreover, total private jobs fell in October by 28,000.This is the worst employment report since 2020, and it reflects an overall downward trend in employment growth since 2022. In addition to the drop in private...

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Lessons from Reconstruction

In “The Terror of Reconstruction,” Lew Rockwell highlights the dangers of governments seeking to suppress their political opponents by an assault on citizens’ liberties. He draws upon the experience of the South under military dictatorship during the Reconstruction years as an example of what happens when governments embark on social revolution. One tactic described by Rockwell is denying the vote to those who supported their opponents:In the...

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The Great Political Divide in America

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 Reality of Red-State Fascism

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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EL CASO ERREJÓN HUNDE A SUMAR Y PODEMOS

Líderes de Sumar encubren a Errejón y otros casos graves mientras presumen de defender derechos. 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 Economics of Prepping

Prepping is a very small industry in the United States, with annual spending specifically on “prepping” less than what government will spend in the time it took me to prepare this episode of the podcast.The amount of spending is an interesting issue, so is the purpose and efficiency of prepping. However, the mainstream media demeans preppers as irrational and out of touch with reality. Note that, from a scientific point of view, however, prepping...

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Election 2024: Three Nations Already Inside Our Systems | Karim Hijazi

Sign up for my free newsletter here: https://www.mauldineconomics.com/go/JM563M/YTB When it comes to cybersecurity, intelligence expert Karim Hijazi says the election is not “under control.” All the usual suspects—Russia, China, Iran—plus “hackers for hire” are busy meddling in the election. Their goal isn’t necessarily to tilt the scales in favor of one candidate or party, but to sow political and social discord, thus weakening the US as a...

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