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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Category Archive: 6b) Austrian Economics
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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¡Un saludo!... Read More »
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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Tariff Increases vs. Tax Cuts
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 Fallacy of the “Public Sector”
[This article is excerpted from Economic Controversies, chapter 21, “The Fallacy of the ‘Public Sector’” (2011). It originally appeared in the New Individualist Review (Summer, 1961): 3–7. Editor’s note: Various media outlets are reporting that the Trump administration has cut more than 100,000 federal jobs in recent days. The total may even be greater than 200,000. Naturally, the regime’s defenders repeatedly tell us that this all means a great...
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VON DER LEYEN AMENAZA A TRUMP Y SALE HUMILLADA
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The Panic of 1819: Rothbard v. Browning
The Panic of 1819 was one of the first major economic and financial crises in American history. The panic led to widespread bank failures, unemployment, and distress, particularly in the western states. For decades, the only significant work to have examined this event in any depth was Rothbard’s The Panic of 1819: Reactions and Policies. Now, Rothbard finally has some company in Andrew Browning’s The Panic of 1819: The First Great Depression. And...
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Osama bin Laden’s Secret Weapon: Economic Literacy
While acknowledging his great evils, future strategists and historians will one day likely recognize Osama bin Laden’s strategic acumen. With minimal resources or technology, Osama bin Laden managed to create immense socioeconomic damage and nearly destroy both of his main enemies—the “godless” Communist Soviet Union and the Zionism-supporting United States. Bin Laden achieved this using only one simple weapon, a basic understanding of economics,...
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Truth and Reconciliation: Be Careful What You Wish For
An early mentor once warned me, “If the public knew the truth, the markets would be cut in half.” Decades later the stock market has soared tenfold, but so has the deceit.We have a new administration coming in with a central promise of “truth.” Trump has placed what some call “radicals” in charge of key agencies and departments. The good news: this bold strategy may be the only way to cut through the noise to find the truth. The challenge: the...
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On Swiss National Bank
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SNB Sight Deposits: decreased by 7.5 billion francs compared to the previous week
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SNB Monetary Assessment March 2025
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2025-03-20 – Martin Schlegel / Antoine Martin / Petra Tschudin: Introductory remarks, news conference
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2025-03-03 – Annual result of the Swiss National Bank for 2024
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2025-03-18 – Publication of 2024 Annual Report
Main SNB Background Info
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Wichtige Morning News mit Oliver Klemm #440 -
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Unfassbar: Klingbeils Plan treibt mir den Puls hoch! -
Nettopolice – (legale) Steuertricks, um deinen Vermögensaufbau zu boosten! #steuern -
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