Category Archive: 6b) Austrian Economics

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How Carl Menger and the Austrians Helped to Steer Economic Theory in the Right Direction

2024-02-20

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2024-02-20

When Adam Smith and the English classicals promoted division of labor as the most important ingredient in economic development, it took Carl Menger and his Austrian successors to point out that error and promote the proper economic theory of production. Original Article: How Carl Menger and the Austrians Helped to Steer Economic Theory in the Right Direction

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Social Insecurity: It’s Not Wrong to be Concerned about Facts

2024-02-20

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2024-02-20

Social Security is headed for reduced benefits, and no amount of political rhetoric or even tax increases will solve that problem. The numbers do not lie. Original Article: Social Insecurity: It’s Not Wrong to be Concerned about Facts

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Why Americans Do Not See a Strong Economy

2024-02-20

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2024-02-20

The euphoria with the fourth quarter Gross Domestic Product (GDP) figure makes no sense. The headline champions say that real GDP increased at an annual rate of 3.3% in the fourth quarter of 2023, according to the Bureau of Economic Statistics (BES). An increase in real GDP of $1.5 trillion with an increase in public debt of more than $2 trillion is not a strong economy. It is a bloated economy. Furthermore, there is nothing positive in consumption...

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No, “Science” Has Not Proven Mises Wrong on Socialism

2024-02-20

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2024-02-20

In response to the many shortcomings of the Soviet Union, Mao Zedong’s China, and Venezuela, the refrain, “It wasn’t real socialism,” has emerged as a rallying cry among apologists of socialism. Some readily admit the failures of these regimes and attribute the failures to capitalism rather than socialism. Some refuse to recognize the failure whatsoever; they see these experiments as genuine instances of “real socialism” and perceive them to be...

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Algunos GRÁFICOS que ¿Deberían? Asustarte

2024-02-20

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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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The Awesome Verbal Punching Power of Thomas Paine

2024-02-20

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2024-02-20

Most public-school graduates have heard that Thomas Paine wrote something that convinced the colonies to declare their independence—though if they’re older than twenty-one their memory probably needs jogging. A few can even name what he wrote: Common Sense. And some can even incorrectly attribute a famous line to that pamphlet: “These are the times that try men’s souls.” With rare exceptions, most people don’t give a whit about Paine or what he...

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AMÉRICA LATINA NO PUEDE ALEJARSE del ESTATISMO

2024-02-20

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VIDEO COMPLETO EN MI CANAL. 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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Hyperinflation and the Destruction of Human Personality

2024-02-19

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2024-02-19

Includes an introduction by Tho Bishop. Recorded in Tampa, Florida, on February 17, 2024. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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The Redistributive Effects on Monetary Policy

2024-02-19

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2024-02-19

Recorded in Tampa, Florida, on February 17, 2024. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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Who Benefits from Inflation?

2024-02-19

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2024-02-19

Recorded in Tampa, Florida, on February 17, 2024. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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Welcome: Inflation: Causes, Consequences, and Cure

2024-02-19

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2024-02-19

Recorded in Tampa, Florida, on February 17, 2024. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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Massive Money Printing Will Accelerate as Debt Soars

2024-02-19

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2024-02-19

The U.S. federal government published a December deficit of $129 billion, up 52% from the previous year. The private sector recession is clear as expenses continue to rise while tax receipts decline. If we look at the period between October and December 2023, the deficit ballooned to a staggering $510 billion. You may remember that the Biden administration expected a significant deficit reduction from its tax increases and the expected benefits of...

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The Left’s Assault on Language Is an Assault on Freedom

2024-02-19

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2024-02-19

George Orwell wrote, “The slovenliness of our language makes it easier for us to have foolish thoughts.” More colorfully and in a similar vein, it has been said that blurry words carry deplorable thinking the way mosquitoes carry malaria. It behooves us all to pay attention when people use words deviously or manipulatively not to inform but to conceal. How can people who are intolerant and authoritarian at every turn call themselves “liberal”? How...

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Fracaso ABSOLUTO de SÁNCHEZ y DÍAZ en Galicia

2024-02-19

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Batacazo brutal de Sánchez y Yolanda Díaz en las elecciones gallegas. SUMAR resta de nuevo. 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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To the European Union: Don’t Tread on Us

2024-02-19

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2024-02-19

According to the latest polls, Europeans are expected to vote for political forces leaning toward the right side of the spectrum, often with euro-skeptic tendencies. We are talking about nine member states where these forces might emerge victorious, and another nine where they are projected to secure second and third positions. So, what path has the European Union taken to cause such significant dissatisfaction and a desire for such a radical...

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Warum du dir Auslandskonten zulegen solltest… #thorstenwittmann #finanziellefreiheit #freiheit

2024-02-19

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Understanding the Trump Phenomenon: It’s Not What the Elites Think

2024-02-18

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2024-02-18

Political and economic elites predicted a doomsday scenario when Trump was elected in 2016, but the reality of his presidency didn’t come close to matching the apocalyptic rhetoric that accompanied it. Original Article: Understanding the Trump Phenomenon: It's Not What the Elites Think

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Fiscal Rules Do Not Undermine Investment, But Government Profligacy Does

2024-02-18

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2024-02-18

In the wake of the financial meltdown fifteen years ago, some countries placed strict limits on piling on public debt. Despite cries that this harms investment opportunities, the ”debt brakes” have worked well. Original Article: Fiscal Rules Do Not Undermine Investment, But Government Profligacy Does

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An Open Letter to Walter E. Block

2024-02-18

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2024-02-18

Block’s call for total war and the indiscriminate slaughter of innocent civilians in Gaza is the complete and uninhibited rejection and renunciation of the nonaggression principle that constitutes one of the very cornerstones of the Rothbardian system. Original Article: An Open Letter to Walter E. Block

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Legacies of Injustice and Racial Inequality

2024-02-18

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2024-02-18

Progressives argue that free markets stand in the way of economic and racial equality. In fact, free markets are the only vehicle that can help make people more equal. Original Article: Legacies of Injustice and Racial Inequality

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