Category Archive: 6b) Austrian Economics
La INFLACIÓN es el impuesto a los pobres
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Bring Back the Political “Smoke-Filled Rooms”
As anyone who is conscious knows by now, the Joe Biden re-election campaign is in serious trouble. The president clearly showed signs of serious mental deterioration in his recent debate with Donald Trump and Biden’s performance was bad enough for even the New York Times (which had claimed up to the debate that Biden’s cognitive skills were fine, and anything said to the contrary was a lie) to call for him to drop out of the race.Biden, not...
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La ULTRAIZQUIERDA gana en FRANCIA con parlamento BLOQUEADO
Francia ingobernable. La segunda vuelta ha dejado un escenario increíble: sube la ultraizquierda y el Parlamento queda en una situación imposible de gobernar.
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Economic freedom: Politics, of course, by its nature is always the pursuit of the Left
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Article II of II, by Claudio Grass
Collectivism is extremely versatile and very easy for political animals to “sell” to the public and to weaponize. Politics, of course, by its nature is always the pursuit of the Left, if we are to follow strict definitions. It seeks to influence and coerce others and it abhors individual liberties and self-determination. What we know as far-right is national socialism and the rest is...
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It Didn’t Begin with LBJ: How the US Became a Transfer Society
Terry L. Anderson and Peter J. Hill’s fascinating account traces the decline of the American constitutional framework from its origins in laissez-faire individualism to its current state of redistributive collectivism. Viewing the evolution as a series of legal developments motivated by ever greater financial incentives to involve the federal government, they highlight the following pivotal cases: (1) Marbury v. Madison (1803), which established...
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Do We Have Regrets While Celebrating July 4?
This is a transcript from Mark Thornton’s Podcast, “Minor Issues,” July 6.Well, I know that many of my listeners will have a certain number of regrets about the July 4th holiday. And some of them may not even celebrate it at all. I certainly share many of those regrets. And concerns about the future of our country.We have an extremely bad government. That has increased in size and power enormously. We have a national debt which has exploded in size...
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British Sound Money MP Replaced by Labor Party Apparatchik: A Sign of the Times
Sound money advocate and Conservative Party MP for Wycombe Steve Baker lost his seat in the general election that took place on 4th July–curious timing for a sitting Prime Minister to have called an election his party was always near-certain to lose. As Americans were celebrating Independence Day, the remnant Brits opposed to the government meddling in every aspect of their lives were bracing for a prime minister who describes himself as a...
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It’s All MMT: The Fraud of “Monetary Policy”
Modern monetary theory (MMT) is not convincing to most trained economists of various schools of thought. This causes many to balk at MMT and mock it, some of which is warranted as a reductio ad absurdum, especially given some of MMT’s more outlandish claims. In fact, my own thesis was an Austrian critique of MMT.But there is also a fair amount of hypocrisy in the non-Austrian (e.g., mainstream, Keynesian, monetarist) critiques of MMT by mainstream...
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¿Estamos Ante un MERCADO BAJISTA? – Entrevista a Gustavo Martínez
Link al programa completo - &list=PL-j1qqL5tzpdd2AmBWsg04qNC1PMLEGl2&index=3
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EL FIN DEL DINERO. INFLACIÓN Y DESTRUCCIÓN MONETARIA
#economía #liberalismo #capitalismo #dinero
Conferencia en CREES.
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War and Inflation
[This talk was delivered at the Future of Freedom Foundation‘s conference on “Restoring the Republic: Foreign Policy and Civil Liberties,” on June 6, 2008, in Reston, Virginia.]The US central bank, called the Federal Reserve, was created in 1913. No one promoted this institution with the slogan that it would make wars more likely and guarantee that nearly half a million Americans will die in battle in foreign lands, along with millions of foreign...
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La PROPAGANDA socialista y el ENDEUDAMIENTO
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¿España SE HUNDE? – Charlo con Albert Rivera
Link al programa completo - -d0B-TCs&list=PL-j1qqL5tzpdd2AmBWsg04qNC1PMLEGl2&index=6
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The State of US Real Estate Is Not Good
The Home BuyersAs reported by ZeroHedge recently, the NAR U.S. Pending Home Sales Index dropped 2.1 percent MoM in May, down 6.6 percent YoY.To put these numbers into perspective, the current index is at 70.8, or 70.8 percent of the contract activity in the base year 2001. This is lower than any point during the 2008 financial crisis; even lower than 2020, when lockdowns brought markets to a screeching halt. This is the lowest level of contract...
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Praxeology and Animals
Many academic fields are devoted to reconstructing reality, to make reality fit their socialist ideals better. Those who wish to reconstruct reality argue, for example, that there is no reason why some animals should be regarded as “wild.” They argue that we should seek “new ways to think and act in a world dominated everywhere by human power and activity” and that there is no reason to exclude the animal world from that enterprise. Instead, “we...
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Public Goods, Government Transfers, and Lawsuits for Clean Air and Climate Mitigation
Since the 1930s New Deal and the 1960s Great Society, the US federal budget has shifted from providing pubic goods to distributing transfers (in the form of both spending and lending) to favored groups, a continually metastasizing shift that has now created a federal budgetary and debt crisis. It has also allowed politicians to perfect the fine art of buying votes by awarding federal transfers to select voter groups as a means to winning...
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July 4th Regrets
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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What If Public Schools Were Abolished?
In American culture, public schools are praised in public and criticized in private, which is roughly the opposite of how we tend to treat large-scale enterprises like Walmart. In public, everyone says that Walmart is awful, filled with shoddy foreign products and exploiting workers. But in private, we buy the well-priced, quality goods, and long lines of people hope to be hired.Why is this? It has something to do with the fact that public schools...
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Tackling More of Robert Reich’s ‘Economic Myths’
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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Milei Snubs the Spanish Political Establishment
Argentinian president Javier Milei recently snubbed the Spanish political class by visiting Spain and refusing to meet with any government officials, attending a rally of the opposition party Vox, and insinuating that the socialist Spanish president’s wife—currently at the heart of an anticorruption case—was corrupt. In retaliation, the Spanish president recalled his country’s ambassador from Buenos Aires.Now none of this will interest those who...
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