Category Archive: 6b) Austrian Economics

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LA AGENDA DE “NO TENDRÁS NADA, PERO SERÁS FELIZ” con Marc Vidal

2024-10-28

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No vas a tener nada, pero serás feliz, dicen. Curioso que los gobiernos prometan prosperidad mientras limitan la libertad de expresión. 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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Gold climbing from record high to record high: why buy now?

2024-10-28

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2024-10-28

Share this article Part I of II There is no question that gold owners have been finally and spectacularly vindicated over the last months: the “barbarous relic”, the “worthless shiny rock”, as many have called the yellow metal, once again proved its value as a true safe haven. In the face of inflation, intense geopolitical turmoil and widespread uncertainty, investors fled to safety “en masse”, as they consistently, repeatedly and predictably...

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Boom Versus Growth: Why the ABCT Is Superior to Keynesianism

2024-10-28

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2024-10-28

“…boom and bust cycles are caused—not by the mysterious workings of the capitalist system—but by governmental interventions in that system.” — Murray RothbardAnother way to put it is that the primary cause of what you call a recession is central banking, specifically due to their inflationism and underwriting of fractional reserve banking. If you think that inflation is the product of greedy merchants or the animal spirits, or an economy that is...

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Why Austrian Business Cycle Theory Is Better than Keynesianism

2024-10-28

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2024-10-28

“…boom and bust cycles are caused—not by the mysterious workings of the capitalist system—but by governmental interventions in that system.” — Murray RothbardAnother way to put it is that the primary cause of what you call a recession is central banking, specifically due to their inflationism and underwriting of fractional reserve banking. If you think that inflation is the product of greedy merchants or the animal spirits, or an economy that is...

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¿POR QUÉ UN DEMÓCRATA DEBERÍA VOTAR A TRUMP?

2024-10-27

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¿Por qué un demócrata debería votar a Trump? Encuestas ajustadas, apoyo afroamericano y latino en alza. 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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Who Sets the Prices for Goods?

2024-10-27

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2024-10-27

Individuals are often presented as if a value scale is hard-wired in their heads. Allegedly, this value scale remains the same all the time. As a result, this value scale supposedly instructs individuals in the selection of goods. Were that the case, then it makes sense to attempt to extract this value scale either by means of questionnaires or various psychological tests. Once the value scale is extracted, social scientists could establish how to...

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LA FED Y EL BCE EN PÁNICO POR EL BITCOIN

2024-10-26

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Guerra contra bitcóin: la Reserva Federal y el Banco Central Europeo proponen prohibir o imponer impuestos masivos al bitcóin. 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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Rothbard and the Israeli-Palestinian Conflict

2024-10-26

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2024-10-26

In Murray Rothbard’s thinking, the state is a criminal organization of aggression and depredation against the just rights of private property of its subjects. The state acquires its revenue by physical coercion (taxation) and achieves a compulsory monopoly of force and ultimate decision-making power over a given territory. Hence, there is no just state in Rothbard’s libertarianism.The State of IsraelIn 1948, within the boundaries of what was then...

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Blinken’s Blinkers—Four Years of Biden Foreign Policy Failure

2024-10-26

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2024-10-26

In around three months’ time, the Biden administration will be out of office. Exits typically prompt reflection. For an outgoing administration, the chief task is to shape the narrative. Secretary of State Antony Blinken’s recent legacy-molding foray grounds the Biden administration’s legacy in the “fierce competition” with the “revisionist powers”—Russia, Iran, North Korea, and China—who want to bring down America and dominate the international...

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Four Years of Biden’s Foreign Policy Failures

2024-10-26

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2024-10-26

In around three months’ time, the Biden administration will be out of office. Exits typically prompt reflection. For an outgoing administration, the chief task is to shape the narrative. Secretary of State Antony Blinken’s recent legacy-molding foray grounds the Biden administration’s legacy in the “fierce competition” with the “revisionist powers”—Russia, Iran, North Korea, and China—who want to bring down America and dominate the international...

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More Federal Environmental Regs Won’t Fix the Immigration Problem

2024-10-26

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2024-10-26

Immigration, particularly by illegal aliens at the southern US border, is a contentious issue in 21st century America. Federal Reserve Chairman Jerome Powell has expressed concern about immigration’s probable impact on the unemployment rate. Homebuyers and renters are concerned about its impact on house prices and rents. Law enforcement questions its impact on crime rates. School districts are concerned about increased immigrant student enrollment...

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Was Ricardo’s Comparative Advantage Really Different From What Adam Smith Said About Foreign Trade?

2024-10-26

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2024-10-26

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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Prohibition: The Sword of the State

2024-10-26

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2024-10-26

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 Mass Immigration Adversely Impact the Natural Environment?

2024-10-26

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2024-10-26

Immigration, particularly by illegal aliens at the southern US border, is a contentious issue in 21st century America. Federal Reserve Chairman Jerome Powell has expressed concern about immigration’s probable impact on the unemployment rate. Homebuyers and renters are concerned about its impact on house prices and rents. Law enforcement questions its impact on crime rates. School districts are concerned about increased immigrant student enrollment...

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The American Economy Is in Trouble

2024-10-25

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2024-10-25

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 Good to Be Skeptical of Elections

2024-10-25

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2024-10-25

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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KAMALA HARRIS HACE EL RIDÍCULO CON LA MARIHUANA

2024-10-25

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Kamala Harris intenta captar el voto afroamericano masculino con políticas paternalistas e insultantes. 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...

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The Political Theology That Maintains State Power

2024-10-25

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2024-10-25

For religions throughout the world, established rules, studies, and practices are instrumental for their legitimacy. Established religious institutions throughout the world train theologians to study the nature of God and their belief system. For the Sunni Muslims, theologians in the Hanafi school consist of legal studies in line with Islam, while others like the Murji’ah sect focus on moral teachings of work and faith. Catholics too prescribe...

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This Technology Will Change Aging Forever | Patrick Cox

2024-10-25

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Sign up for my free newsletter here: https://www.mauldineconomics.com/go/JM563L/YTB Get your free copy of Patrick Cox’s report Longevity Myths and Solutions here: https://www.mauldineconomics.com/go/JM571V/YTB Today, we’re catching up with macroeconomist and longevity expert Patrick Cox, a longtime friend of all of us at Mauldin Economics. Patrick’s credentials are vast. He worked with Netscape founder Marc Andreessen to help develop SSL...

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Don’t Knock Nock

2024-10-25

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2024-10-25

Albert Jay Nock’s Our Enemy the State, which was published nearly ninety years ago in 1935, had a great influence on Murray Rothbard, transmitted though his friend and mentor Frank Chodorov, who was Nock’s main follower. The book is rich in insights, some of which I have discussed in a forthcoming review for The Misesian, but there are many more. In what follows, I’ll comment on some of these.Nock distinguishes two ways in which people in a...

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