Category Archive: 6b) Austrian Economics

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Crash Landing

2023-08-19

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2023-08-19

Will we get a soft landing or a hard landing in the economy? Or, should we hope for a crash landing? Mark Thornton explains. See also "Soft Landing? Not Likely" featuring Bob Murphy and Jonathan Newman on the Human Action Podcast: Mises.org/HAP407 Be sure to follow Minor Issues at Mises.org/MinorIssues.

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Dollar Hegemony Is Ending Due to Geopolitical Changes

2023-08-19

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2023-08-19

Since the Bretton Woods Agreement in 1944, the dollar has been the world’s preferred reserve currency—the major trading nations of the world were willing to hold dollars in vast amounts to satisfy their need for a readily accepted worldwide payment medium. Even when, in 1971, the United States violated its solemn promise to redeem its dollars for gold at thirty-five dollars per ounce, nations were still willing to hold dollars. Germany Shies Away...

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No, Small Countries Are Not at an Economic Disadvantage

2023-08-19

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2023-08-19

Some analysts contend that size can be a deterrent to economic prosperity, so as a result, small states are particularly vulnerable to economic and environmental shocks. Usually, small states are discussed in light of their limitations and challenges. Even leaders of small countries earnestly paint size as an obstacle to future progress. The idea that smallness is an impediment to be overcome has become gospel in some quarters. Caribbean leaders...

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The State Protects Itself While Crime against Ordinary People Surges

2023-08-19

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2023-08-19

In all the media and regime frenzy over the Janaury 6 riots and the Pentagon Leaker in recent months, it is interesting to examine the contrast between how the regime treats "crimes" against its own interests, and real crime committed against ordinary private citizens.  Witness, for example, how the Biden administration and corporate media have treated the January 6 riot as if it were some kind of military coup, demanding that draconian...

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Beyond Crisis: The Ratchet Effect and the Erosion of Liberty

2023-08-18

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2023-08-18

The Constitution “is not a suicide pact,” said Justice Arthur Goldberg in the court’s opinion in the 1963 Supreme Court case of Kennedy v. Mendoza-Martinez. His statement highlights a fundamental truth: in times of crisis, governments often feel compelled to take extraordinary measures to protect their citizens and maintain order. However, this desire to act swiftly and decisively can lead down a perilous path where the expansion of government...

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They Didn’t Listen: The Reality of Hayek’s Bestseller

2023-08-18

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2023-08-18

In 1944, F.A. Hayek's best-selling book, The Road to Serfdom, warned the West that the "free" nations would lose their freedom as government expanded. He was right. Original Article: "They Didn't Listen: The Reality of Hayek’s Bestseller"

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No Te Dejes ENGAÑAR Por Los ESTATISTAS

2023-08-18

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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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A Recession Coming in 2023? With Dr. Murray Sabrin

2023-08-18

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2023-08-18

On this episode of Good Money with Tho Bishop, Dr. Murray Sabrin joins the show. Dr. Sabrin shares his story of how he became an Austrian economist and discusses his analysis predicting a recession later in the year. Tho and Dr. Sabrin also talk about this week's anniversary of Nixon closing the gold window. Join Dr. Sabrin in November for a Mises Circle in Ft. Meyers, FL on The White House, the Fed, and the Economy. Use promo code Tampa23 for $10...

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Saving Marxism from the Labor Theory of Value: It Is Still Bad Theory

2023-08-18

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2023-08-18

Capitalism—Its Nature and Its Replacement: Buddhist and Marxist Insightsby Graham PriestRoutledge, 2021; 312 pp. The title of this book seems at first sight puzzling: what has Buddhism to do with Marxism? When we learn that the author accepts Karl Marx’s analysis of capitalism and also wishes to replace capitalism with a type of socialism, we might be tempted to toss the book aside. It would be a mistake to do so. The author is a distinguished...

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Dirk Müller – China: Jeder weiß von der Datenmanipulation – und irgendwann gehen die Scheinwerfer an

2023-08-18

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👉 𝐂𝐚𝐬𝐡𝐤𝐮𝐫𝐬.𝐜𝐨𝐦: 𝐉𝐞𝐭𝐳𝐭 𝟏 𝐌𝐨𝐧𝐚𝐭 𝐟ü𝐫 𝟏€ 𝐭𝐞𝐬𝐭𝐞𝐧 ►► https://bit.ly/Cashkurs_1 𝗦𝗲𝗵𝗲𝗻 𝗦𝗶𝗲 𝗱𝗮𝘀 𝗴𝗮𝗻𝘇𝗲 𝗠𝗮𝗿𝗸𝘁𝘂𝗽𝗱𝗮𝘁𝗲 𝘃𝗼𝗻 𝗗𝗶𝗿𝗸 𝗠ü𝗹𝗹𝗲𝗿 𝗵𝗶𝗲𝗿: https://bit.ly/Marktupdate230818 (Bei diesem Video handelt es sich um einen kurzen Ausschnitt aus dem Marktupdate vom 18.08.2023 auf Cashkurs.com.) 📧 Gratis-Newsletter ►►► https://bit.ly/CashkursNL 🔴 YouTube-Kanal abonnieren ►►► https://www.youtube.com/@cashkurscom Bildrechte: Cashkurs.com / bluedog studio -...

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Is the Fed Responsible for the Recent Surge and Fall in Price Inflation?

2023-08-18

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2023-08-18

Jonathan Newman joins Bob to discuss the argument being put forth by Alan Blinder, James Galbraith, and other progressive economists, who claim that the Federal Reserve's rate hikes couldn't possibly be responsible for the quelling of consumer price inflation. Jonathan and Bob stress the important role of expectations as a "transmission mechanism" from Fed policy to impacts on prices. Galbraith's Article on the Fed's 'Soft Landing':...

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A Higher Minimum Wage Won’t Improve Life in Pennsylvania

2023-08-18

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2023-08-18

Forcing the minimum wage above the real market wage causes more unemployment. Small businesses suffer from these mandates as do the least productive workers.  Original Article: "A Higher Minimum Wage Won't Improve Life in Pennsylvania"

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Space Wars, Taiwan Under Siege, and “Rich Men North of Richmond” with Dr. Pippa Malmgren

2023-08-18

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I am very excited to have Dr. Pippa Malmgren as my guest this week. Our discussion touches on a wide spectrum of strategic hot spots, including the state of modern warfare. The war theater has changed, advises Pippa, and the new battlefield has moved into space. It’s the new race to control what’s orbiting the planet. We live in a GPS-dominated world, which completely relies on satellites. If an adversary knocks out the right satellite—and this...

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What Mises Really Thought about Fascism

2023-08-18

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2023-08-18

It cannot be denied that Fascism and similar movements aiming at the establishment of dictatorships are full of the best intentions and that their intervention has, for the moment, saved European civilization. The merit that Fascism has thereby won for itself will live on eternally in history. —Ludwig von Mises, Liberalism: In the Classical Tradition Mises controversially stated this quote in his book Liberalism: In the Classical Tradition. This...

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Wie sicher ist mein Depot bei der Bank? Überraschungen garantiert!

2023-08-18

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Wichtigste Tipps zur Depotsicherheit - das solltest du unbedingt wissen!    Geldsicherheit GARANTIERT - Online-Training: https://thorstenwittmann.com/yt-tag-8-ff-sicherheitsserie-depot Wöchentliche Tippvideos abonnieren: https://thorstenwittmann.com/klartext-yt Depot ist eben nicht gleich Depot – darauf solltest du achten! Bankensicherheit ist in aller Munde, wie es aber um die Sicherheit von Depots aussieht (??) ist wenigen bewusst. Und ja:...

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Monetary Inflation Won’t Create Economic Growth

2023-08-18

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2023-08-18

When it comes to matters of money and banking, all practical political issues ultimately hinge on one central question: can one improve or deteriorate the state of an economy by increasing or decreasing the quantity of money?1 Aristotle said that money was no part of the wealth of a nation because it was simply a medium of exchange in inter-regional trade, and the authority of his opinion thoroughly marked medieval thought on money. Scholastic...

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The American Revolutionaries Didn’t Need a Central Government. Neither Do We.

2023-08-17

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2023-08-17

Rothbard on the American Revolution: "There was no particular need for the formal trappings and permanent investing of a centralized government, even for victory in war." Original Article: "The American Revolutionaries Didn't Need a Central Government. Neither Do We."

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COALICIÓN FRANKENSTEIN 2: SÁNCHEZ, RUINA DE ESPAÑA

2023-08-17

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#investidura #separatismo #comunismo #psoe #sanchismo 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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¡ESCLAVÍZATE Y SERÁS FELIZ! POR QUÉ ODIAN A LOS LIBERALES

2023-08-17

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#agenda2030 #liberalismo #comunismo #socialismo #pobreza 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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Regulation in the Free Market: It’s Not What Most People Believe

2023-08-17

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2023-08-17

When the idea of a totally free market is floated in economic discussion, a widely accepted critique of such an idea is often related to the issue of how goods and services could be guaranteed safe for consumption. After all, without a government sending inspectors and decreeing standards of safety for products, it is often assumed companies, in their everlasting quest for profits without mercy, would have no incentive against selling whatever...

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