The insane neo-Keynesian policies implemented by the Biden-Harris administration have created persistent inflation and record levels of debt with two objectives: to bloat Gross Domestic Product and jobs with public spending and government jobs.The United States’ insane inflation is solely due to out-of-control spending and currency printing. Corporations, wars, or supply chains cannot cause aggregate prices to rise, nor can they consolidate the...
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Category Archive: 6b) Austrian Economics
ESPAÑA TRIPLE CAMPEONA DE PARO CON SÁNCHEZ
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Wanted: Critics of Austrian Economics
Present-day Austrian economics suffers from a significant and rather interesting problem: a lack of critics. What I mean by this is not that there are not enough trolls, hecklers, and politically-motivated anti-economists. No, I mean that there are very few, if any, real and knowledgeable critics of Austrian economic theory.The Austrian tradition has had an important and lasting impact on economics over the past century and a half. Much of this was...
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Bipartisan Spending, Money Printing, and Debt: The Myth of the Two-Party System
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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Voting on Drugs
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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Video: Exposing the Fed, and Why We Must End It
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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Presidential Elections Are a Lot Closer than You Think
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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Digital Currency, Metal Recycling, and Loss of Liberty
In July 2023, the Federal Reserve Bank (FRB) announced FedNow as their foray into the US dollar central bank digital currency (CBDC) payment service. The service is offered to insure immediate CBDC payments are made to a registered individual and/or business buying and selling products and/or services. The FRB offers CBDC as a quick payment convenience to Americans when many see it as a subtle expansion of FRB monetary management power and...
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The Federal Reserve Exposed
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 Corrupt Nature of DEI
Once it is averred that inequality is wrong and the government ought to do “something” to make people more equal, tyranny is always around the corner. Equalization methods and strategies may vary, but some degree of coercion is guaranteed once it is decided to equalize human beings. The philosopher Antony Flew characterized egalitarianism as a procrustean ideal—some must be stretched to breaking point, while others must be cut down to size, in...
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The Road Ahead
Like many of you, I was happy that Donald Trump won the election. Kamala Harris is a committed Marxist, supporter of baby killing, and passionate advocate of the woke ideology. In foreign policy, she would have been guided by the neocons who control brain dead “President” Joe Biden.But we shouldn’t be complacent. Trump is far from ideal, and we need to do all we can to work against the policies he favors that are inimical to a free society. Beyond...
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Make Money Free Again
Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a quarter percent cut in interest rates. Following this announcement, Fed Chairman Jerome Powell held a press conference where he said that he would not comply with any presidential request that he step down before his term ends in May of 2026.Powell claimed that the president lacks the legal...
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Here Come the Awful Neocon Trump Appointments
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LA IZQUIERDA BUSCA ACABAR CON TRUMP Y CENSURAR LAS REDES
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The Battle on Lake Geneva—Mises vs. the Statists at Mont Pelerin
Europe was slowly, painfully recovering from WWII. Liberalism—which had seemingly won the day against fascism in the West—was seeking to revitalize itself. It had tried before the war—through the Walter Lippmann colloquium—to moderate itself back into relevance. Many of the figures from the colloquium were intent to try again, with lessons learned from the war. One attendee—Ludwig von Mises—had no intentions of moderating, and was even more...
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Why “Majority Rule” Doesn’t Work
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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Price Controls and Alcoholism—The Buzz First, the Hangover Later
Just ignore the economists, says a recent article in The Atlantic. Well, what about listening to economists concerning the devastating effects of price controls? If we ignore economists, then it would be easy to ignore market interventionists’ uncontrollable and intoxicating need to impose price floors and ceilings in marketplaces and the effects of these controls on society at large. What economists know that The Atlantic author does not know is...
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How to Pitch Austrian Economics to Stable Economies
The images coming out of Latin America are hard to ignore. Tens of thousands of gang members in Bukele’s El Salvador lined up, shoulder-to-shoulder, waiting to be placed in prison, their rights suspended as a result of a crackdown on gang activity. Hundreds of government workers for AFIP—Argentina’s version of the IRS—standing in a multi-level gallery, papers drifting down to the bottom floor as they learn the agency has been shuttered. While the...
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EL BITCOIN Y EL DÓLAR IMPARABLES TRAS EL TRIUNFO DE TRUMP
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Assumptions in Economics and in the Real World
Assumptions that some economists are employing in their theories appear to be detached from the real world. For example, in order to explain the economic crisis in Japan, Paul Krugman employed a theory based on the assumptions that people are identical and live forever. Whilst admitting that these assumptions are not realistic, Krugman nonetheless is of the view that somehow his theory could be useful in offering solutions to the economic crisis in...
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On Swiss National Bank
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SNB Sight Deposits: increased by 0.2 billion francs compared to the previous week
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USD/CHF posts modest gains to near 0.9000 in thin holiday trading
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Forex Today: Markets quiet down as Christmas approaches
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Gold finds some support at $2,660, with upside attempts limited
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USD/CHF aims to revisit 0.8950 as SNB to cut rates further
Main SNB Background Info
Featured and recent
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SNB Sight Deposits: increased by 0.2 billion francs compared to the previous week -
TRUMP HACE HISTORIA CON SU SEGUNDA TOMA DE POSESIÓN -
Warum Fremdurteile oft besser liegen als du denkst -
Biden Supergau bei TRUMP Inauguration! -
War’s das mit dem Wohlstand? -
Strategic Investing Guide: Buying Beaten Stocks for Long-Term Gains -
Trump ist zurück: Was bedeutet das für deine ETFs? -
Warum sich die meisten Versicherungen nicht lohnen -
Google: Massive EU Blamage! -
Eklat bei Miosga: Baerbock außer Kontrolle!
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