Category Archive: 6b) Austrian Economics

PARA SÁNCHEZ TU ERES RICO

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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Money-Supply Growth Hit a 23-Month High, and the Fed Wants More

The days of slowing and falling money supply growth rates are over. Money-supply growth accelerated, year over year, in August by the largest amount in 23 months, and August was the third month in four months that the money supply has grown, year over year. The current trend in money-supply growth suggests a significant turnaround from more than a year of historically large contractions in the money supply that occurred throughout much of 2023 and...

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Kamala Harris’s Price-Fixing Scheme Would Lead to Food Shortages

Kamala Harris has suggested that, if elected, her administration would “pass the first ever federal ban on price gouging on food.” She has also stated that she would undertake several interventions into the healthcare industry, including a promise to “cap the cost of insulin at $35 for all Americans.”These proposals represent nothing other than the promise to institute price-fixing on groceries and aspects of healthcare. To end so-called “price...

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No Central Bank Wants to Stop Price Inflation

Many citizens want more government control of the economy to curb rising prices. It is the worst strategy imaginable. Interventionist governments never reduce consumer prices because they benefit from inflation, dissolving their political spending commitments in a constantly depreciated currency. Inflation is the perfect hidden tax. The government makes the currency less valuable by issuing more units of fiat money, partially dissolves its debt in...

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TRUMP ARRASA EN BLOOMBERG Y EXPONE EL PROTECCIONISMO DE LA UE

Trump arrasa en Bloomberg, hablando de aranceles y la UE. 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! #Trump202 #Economía #Aranceles...

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What Was Mises’s Position on Fractional Reserve Banking?

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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Nagel on Libertarianism and Other Things

The philosopher Thomas Nagel can always be relied on for thought-provoking arguments, and in what follows, I’m going to discuss several that are relevant to libertarianism. These arguments are to be found in Nagel’s book Equality and Partiality (Oxford, 1991).Nagel takes for granted the existence of the state, but his arguments can be adapted to an anarcho-capitalist society as well, though that is not a task I’ll pursue here. In any decent...

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Nagel on Libertarianism and Other Things

The philosopher Thomas Nagel can always be relied on for thought-provoking arguments, and in what follows, I’m going to discuss several that are relevant to libertarianism. These arguments are to be found in Nagel’s book Equality and Partiality (Oxford, 1991).Nagel takes for granted the existence of the state, but his arguments can be adapted to an anarcho-capitalist society as well, though that is not a task I’ll pursue here. In any decent...

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Who Starts Business Cycles? Banks or the Fed?

Do banks receive deposits and then loan some of that money out? Or do they first extend loans that turn into deposits in the banking system?Some critics of Austrian economics and, most recently, of the Mises Institute’s new documentary, Playing with Fire, say that anyone who discusses the former is not up-to-date on modern banking practices.Mike Shedlock at Mishtalk attempted to refute statements made by Joseph Salerno and me about fractional...

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The Present Monetary System Is Heading for a Breakdown

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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Home Ownership Is Not the American Dream

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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Centralizing Federal Power through Southern Reconstruction

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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“I Have Bills to Pay,” Or Why the Fed Really Cut Interest Rates

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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So bereist du die Welt – Influencer Pascal und Desirée zeigen dir wie

Business und Reisen vereint: Pascal und Desirée Tibi's Tipps für dein Traumleben Webseite Desirée und Pascal Tibi: https://www.designyourdreamlife.de/ Webseite Thorsten Wittmann: https://thorstenwittmann.com/ So baust du dir ein Onlinebusiness auf und bereist die Welt! Im Januar, als ich mal wieder auf Nordzypern war, habe ich zufällig zwei Influencer kennengelernt. Pascal und Desiree sind extrem bekannt auf Instagram und leben seit vielen...

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Chinese Authorities to Stop Economic Cleansing

Austrian Business Cycle Theory tells us that recessions are an indication an economy is healing. Booms created by government printing presses and fiscal interventions will be cleansed by downward reset of asset prices and labor misappropriation will be righted by rising unemployment. Murray Rothbard wrote in America’s Great Depression, “The adjustment process consists in rapid liquidation of the wasteful investments. Some of these will be abandoned...

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Answering the Confused Critics of Austrian Economics

Richard Duncan recently appeared on the podcast Wealth Formula to discuss the Austrian school of economics. Despite being only 42 minutes long, the episode is packed full of errors and fallacies. What makes the discussion relevant for Austro-libertarians is not that these two non-Austrians know nothing about Austrian economics, but that their uninformed critiques are characteristic of the kind of simplistic descriptions of Austrian thought that we...

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Without the State, Who Would Confiscate the Generators?

So here we are again.I remember watching, nineteen years ago, as Hurricane Katrina devastated New Orleans and surrounding areas. I remember donating bags full of supplies to an organization that was collecting them in New York City and taking them to the stricken areas. I remember hearing about people who lived in those areas coming together, getting organized, and doing whatever they could to help each other – and I remember hearing about FEMA...

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Beware of War Hawks in “America First” Clothing

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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BITCOIN REVELA EL COLAPSO DEL SISTEMA MONETARIO GLOBAL

Bitcoin refleja el riesgo de colapso de monedas estatales. 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! #Bitcoin #Criptomonedas #Inversión...

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Is the Federal Reserve a Private Bank? It Doesn’t Matter.

After many years of writing articles on the Federal Reserve and central banking, there is one thing I can always expect in the hours following the publication of an article about the Fed: a reader will send me an indignant email insisting that the Federal Reserve is a private organization and that this is very important. Moreover, from the context of these messages it is apparent the authors believe that the alleged private nature of the Federal...

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