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Category Archive: 6b) Austrian Economics

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The rule of law and property rights

2024-08-20

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2024-08-20

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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China’s competitiveness is driven by low taxation, not by industrial policy

2024-08-20

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2024-08-20

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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Keir Starmer’s Crackdown on Dissent

2024-08-20

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2024-08-20

It’s not unfair to say that the current unrest and rioting in the UK has been accompanied by a lot of inaccurate information. As with any event, everyone should be aware that it becomes a lot easier to spread false information and have people believe it. Tensions are boiling over and emotions are running amok, and it does not take a genius to understand why you should be more wary of misinformation when emotion is in the driver’s...

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The Folly of Legislating against Unfairness

2024-08-20

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2024-08-20

In A Cure Worse Than The Disease: Fighting Discrimination Through Government Control, M. Lester O’Shea criticizes the notion that we should legislate against unfairness. He poses the question as follows: “No one defends unfairness. So shouldn’t it be against the law?” In posing the question that way, his point is that the mere fact that we regard something as unfair – or even morally wrong – does not mean we ought to legislate against it. This...

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ESPAÑA, EL PAÍS MÁS EMPOBRECIDO DE EUROPA

2024-08-19

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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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Fall 2024 Mises Book Club (Auburn)

2024-08-19

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2024-08-19

Dr. Jonathan Newman and Connor O’Keeffe will host an in-person book club on Murray Rothbard’s The Betrayal of the American Right for Auburn University students. The meetings will be held weekly on Tuesday evenings at the Mises Institute (518 W. Magnolia Ave.), starting September 17th. In The Betrayal of the American Right, Rothbard recounts the history of the laissez-faire, non-interventionist Old Right and how it came into conflict with other...

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SÁNCHEZ CEDE ANTE CATALUÑA Y USA A MADRID COMO CHIVO EXPIATORIO

2024-08-19

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El socialismo roba, culpa a Madrid y privilegia a Cataluña, imponiendo más impuestos al resto de España. 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...

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Inverted, Recessed, and Hung Out to Dry

2024-08-19

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2024-08-19

Hello, and welcome to another episode of the Minor Issues podcast. I am Mark Thornton at the Mises Institute.The great reckoning seems to be following the course that I have been charting by guesswork. In other words, the great trainwreck seems to be happening. Let’s see what we are experiencing so far.Interest rates appear to be headed out of their long inversion. My anticipation was that the economy would not enter recession when interest rates...

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The Primitive Superstition of our Age

2024-08-19

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2024-08-19

The mid 2000s saw a new intellectual movement emerge on the scene under the name of “New Atheism.” Representatives of the movement saw themselves as champions of the scientific method, of evidence-based reasoned analysis of the facts against the mystical, primitive superstitions of organized religion and all the societal, political and cultural harm it allegedly produces. While they were going on about their business, an intellectual movement that...

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The Political Takeover of the Texas Electricity Market

2024-08-19

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2024-08-19

In June, the Texas Supreme Court rejected a lawsuit claiming that the Public Utility Commission of Texas (PUCT) had broken the law when it set the wholesale price of electricity at $9,000 per megawatt hour for about 80 hours during the Texas blackouts that occurred during Winter Storm Uri in February 2021.The PUCT’s commissioners had dictated the price of electricity because they believed that market-driven “energy prices across the system…as low...

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Así TE MIENTE SÁNCHEZ con la INFLACIÓN

2024-08-18

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Sánchez manipula la inflación: presume de éxito pero queda humillado. La propaganda sigue, pero estamos aquí para desmontarla. 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 -...

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Markets Need a Lot More than a Rate Cut

2024-08-17

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2024-08-17

The recent market weakness suggests a combination of profit-taking and concerns about the latest United States jobs and manufacturing figures, added to the abrupt unwinding of part of the yen carry trade. Valuations had soared and market participants now demand central bank easing. However, rate cuts may not be enough to send markets to new all-time highs. Money supply growth and quantitative easing are needed to maintain these valuations.Investors...

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MADURO ACORRALADO Y CADA VEZ MÁS SOLO

2024-08-17

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La narcodictadura de Maduro es insostenible, aferrada al poder con un CNE que no entrega actas electorales. La izquierda blanquea, pero la libertad se acerca. 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 -...

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Identifying the Causes of Economic Inequality

2024-08-17

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2024-08-17

In Race & Economics, Walter Williams emphasizes the importance of causality in understanding racial inequality. He argues that it is not enough to document and track economic inequality — it is necessary also to understand its causes.Without understanding the causes of any perceived problem, any attempts to resolve it are no more than wild stabs in the dark. For example, Kamala Harris recently argued that black people are less likely to be...

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Removing the “Great” from Britain

2024-08-17

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2024-08-17

Last month, Britain made a dangerous swing to the left. Private education has been attacked, more public housing, the promotion of environmental Marxism, and much more. But that isn’t to say there wasn’t an unspoken gospel among the main parties concerning the deliberate impoverishment of the British Isles. Merely aesthetic differences separate them.A distinguished associate of mine told me about his grievances, the attacks against people earning...

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Sri Lanka as a Role Model for the US

2024-08-17

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2024-08-17

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...

Read More »

Population

2024-08-16

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2024-08-16

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 DESTRUYE la INFLACIÓN y la IZQUIERDA MIENTE para OCULTARLO

2024-08-16

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Argentina ha alcanzado su menor nivel de inflación en 30 meses. La izquierda responde con críticas, inventando nuevos indicadores de pobreza sin reconocer el impacto negativo del peronismo en el pasado. 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 -...

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Taxation in Brazil has Become a Laughable Spectacle

2024-08-16

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2024-08-16

One of the oldest weapons against politics is humor, and it is precisely this that politicians detest the most. They cannot understand themselves as targets of jokes because they see themselves as anointed and enlightened leaders, guiding the ignorant masses. They also despise humor because they cannot control it. Often, humor arises spontaneously, as seen recently with memes associated with Brazil’s finance minister, Fernando Haddad.There has been...

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Selfishness of Soul?

2024-08-16

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2024-08-16

Egoism Without Permission: The Moral Psychology of Ayn Rand’s Ethicsby Tara Smith, University of Pittsburgh Press, 2024, xi + 246 pp.Tara Smith, who teaches philosophy at the University of Texas at Austin, is a distinguished exponent of Ayn Rand’s Objectivist ethics, about which she has written several previous volumes. In Egoism Without Permission, she challenges a misconception about Rand’s ethics, namely that, because of its stress on reason, it...

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