Category Archive: 6b) Austrian Economics
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A Higher Minimum Wage Won’t Improve Life in Pennsylvania
Pennsylvania has no state minimum wage. Currently, the law of the land is the federal minimum wage that sits at $7.25 per hour. Not having a state minimum wage can be immensely beneficial assuming that the general business climate is amenable to growth. Pennsylvania definitely can’t boast of that yet, but they have taken steps to get there. However, recent actions by the Democrat-controlled State House of Representatives threatens this potential...
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The Pentagon and Me: Curiosity vs. the State
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2023.
The Pentagon and Me: Curiosity vs. the State | Karen Kwiatkowski
Video of The Pentagon and Me: Curiosity vs. the State | Karen Kwiatkowski
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Entrepreneurship
Entrepreneurship is a general feature of the market economy.
Download lectures slides at Mises.org/MU23_PPT_09.
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2023.
Entrepreneurship | Peter G. Klein
Video of Entrepreneurship | Peter G. Klein
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Money
"We would not expect money to be paper, national, or under the control of any entity."
Download the slides from this lecture at Mises.org/MU22_PPT_07.
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2023.
Money | Sandra Klein
Video of Money | Sandra Klein
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Banking
Loan banking versus deposit banking, how deposit banking affects the money supply, how free banking limits credit expansion, the money multiplier process, and more.
Download the slides from this lecture at Mises.org/MU23_PPT_08.
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2023.
Banking | Patrick Newman
Video of Banking | Patrick Newman
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Price Inflation Slowed to 3 Percent. That’s Still Far Too High.
The recent University of Michigan survey’s reading of one-year price inflation expectations rose to 3.4 percent in July from 3.3 percent in June. The five-year outlook also increased to 3.1 percent from 3.0 percent in the previous month.
There is a mainstream narrative that is growing all over the financial media: We must accept three percent annual price inflation as a success at combating rising prices. This is enough to pivot and return to...
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The Division of Labor and Social Order
"The free market and the division of labor does not promote hyper-atomized individuals. It creates social harmony and community."
Download the slides from this lecture at Mises.org/MU23_PPT_06.
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2023.
The Division of Labor and Social Order | Shawn Ritenour
Video of The Division of Labor and Social Order | Shawn Ritenour
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BLOQUEO O GOBIERNO. LAS MEDIDAS URGENTES QUE SE OLVIDAN EN ESTE CAOS
#elecciones2023 #23julio #economia #macroeconomía #crisis
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“Die Leute an der Macht sind meine Angestellten” – Henryk M. Broder
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What Has Mises U Students Most Excited About the Week?
This year during Mises University, we want to share the perspective of students in the program. The following are YouTube shorts from some of this year's Mises Apprentices, explaining what excites them most about "the best week of the year." A common theme is the power of the ideas that have attracted students from around the world to Auburn this summer and the unique opportunity to learn from, discuss, and debate them with their...
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Praxeology
Praxeology is the method of economics.
Download the slides from this lecture at Mises.org/MU23_PPT_05.
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2023.
Praxeology | David Gordon
Video of Praxeology | David Gordon
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FedNow Isn’t a CBDC, but It Is Dangerous
Starting in July, the Federal Reserve will be rolling out a new payment service dubbed “FedNow.” Among many on the dissident side of politics, there is a growing worry that this new service may be a trojan horse for a central bank digital currency (CBDC).
The concern is a valid one. A CBDC, depending on how it is implemented, could eliminate the privacy allowed by a cash system, allow the freezing of accounts with greater ease, and open the door to...
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Subjective Value and Market Prices
This concept of economic calculation is really the foundation of all economic theory, and price theory is the cornerstone of economic calculation.
Download lectures slides at Mises.org/MU23_PPT_04.
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2022.
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The Birth of the Austrian School
Menger discovered much more than the principle of marginal utility—he created an entire system of economics based on subjective value and individual choice.
Download lecture slides at Mises.org/MU23_PPT_03.
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2022.
The Birth of the Austrian School | Joseph T. Salerno
Video of The Birth of the Austrian School | Joseph T. Salerno
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Can Fractional Reserve Banking Survive the Twenty-First Century?
Caitlin Long tweeted over the July 4 weekend, “BIG NEWS for #fintech! A sixth US state—Idaho—is willing to charter uninsured, non-lending, 100% reserve banks that are eligible for Fed master accounts (the other states are CT, ME, NE, VT & WY). This trend could turn the ‘bank-as-a-service’ (#BaaS) model on its head!!!!!”
As Long explained to Ash Bennington on Real Vision, bankers are
playing this three-card monte game of, well, I’ll tell...
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The real failure of “trickle down economics”
Part I of II
For decades already, one of the most popular and commonly employed attacks of Keynesians and other left-leaning economists was the one against the idea of “trickle down economics”. They ridiculed the notion that a rising tide lifts all boats or plainly put, the obvious fact that when job creators thrive, so do the people that hold those jobs and sustain themselves and their families thanks to them.
The main objection to this...
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Reflections on Method: The Proper Study of Man
Includes an introduction by Joe Salerno. Recorded at the Mises Institute in Auburn, Alabama, on 23 July 2023.
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Welcome and Opening Remarks
Recorded at the Mises Institute in Auburn, Alabama, on 23 July 2023.
Welcome and Opening Remarks | Joseph T. Salerno
Video of Welcome and Opening Remarks | Joseph T. Salerno
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¿Y AHORA QUÉ? ELECCIONES, BLOQUEO Y SEPARATISMO
#elecciones2023 #feijoo #sanchez #bildu
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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