Category Archive: 6b) Austrian Economics

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On Decolonizing Property Rights

2024-02-08

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2024-02-08

One of the most destructive aspects of the “decolonize” movement is its insistence that scientific principles are as subjective as cultural beliefs. Decolonizers argue that the natural sciences—physics, mathematics, chemistry, and biology, along with computer science—should be analyzed from different ethnic and racial perspectives. For example, students in a field designated as “Afrochemistry” are taught to “implement African American sensibilities...

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Ryan McMaken vs. Libertarian Imperialists

2024-02-08

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2024-02-08

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop do a recap of Ryan's debate at LibertyCon on the question of national divorce. Tho and Ryan address some of the libertarian arguments against secession, as well as the larger divide between libertarians like David Boaz and Rothbardians on matters of voluntary association. Discussed on the Show  Ryan's debate — Will a National Divorce Lead to More Individual...

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After Trump, Then What?

2024-02-08

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2024-02-08

The case against Clevinger was open and shut. The only thing missing was something to charge him with. —Joseph Heller, Catch-22 Austrians call it high time preference. In psychology it’s an area of research called future orientation. Hall of Fame football coach George Allen expressed it as “The future is now.” Almost everyone seems born with it, and a growing number don’t outgrow it. Today in American politics, it is strongest among one faction in...

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Dirk Müller – ️ Aktuelle Experimente mit tödlicherer Variante – Wo bleibt der Aufschrei?

2024-02-08

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👉 𝐂𝐚𝐬𝐡𝐤𝐮𝐫𝐬.𝐜𝐨𝐦: 𝐉𝐞𝐭𝐳𝐭 𝟏 𝐌𝐨𝐧𝐚𝐭 𝐟ü𝐫 𝟏€ 𝐭𝐞𝐬𝐭𝐞𝐧 ►► https://bit.ly/Cashkurs_1 Cashkurs-Videos vom 25.01.2024 von Dirk Müller mit dem Titel "Meine Sicht: Labortheorie jetzt offiziell, aktuelle Experimente mit tödlicherer Variante – Wo bleibt der Aufschrei?" Um tägliche Videos zum Marktgeschehen zu sehen, jetzt schnell anmelden und Cashkurs für einen Monat für einen Euro testen. 📧 Gratis-Newsletter inkl. täglichem DAX-Update ►►►...

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A Field Guide to Dubious Fact-Checking

2024-02-07

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2024-02-07

Fact-checking has become a veritable industry in the media. However, the conclusions of “fact checkers” mysteriously seem to align with the opinions of elites. That’s their story, and political, educational, and social elites are sticking to it. Original Article: A Field Guide to Dubious Fact-Checking

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Government Banks Would Be a Dangerous Tool for Progressive Ideologues

2024-02-07

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2024-02-07

Congresswomen Rashida Tlaib and Alexandria Ocasio-Cortez have introduced legislation to create government-owned banks, ostensibly to “increase accountability.” In truth, the banks would exist to fund progressive causes. Original Article: Government Banks Would Be a Dangerous Tool for Progressive Ideologues

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Social Media Should Not Be Blamed for the Consequences of Democracy

2024-02-07

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2024-02-07

Social media tends to be blamed for the overall nastiness of public discourse. Instead of condemning this form of communication, condemn the fuel that feeds this conflagration: democracy. Original Article: Social Media Should Not Be Blamed for the Consequences of Democracy

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¿POR QUÉ LA IZQUIERDA ATACA A BUKELE EN EL SALVADOR?

2024-02-07

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Vamos a hablar sobre la hipocresía de la izquierda, criticando a Nayib Bukele en El Salvador, pero ignorando las violaciones de derechos humanos en Cuba, Nicaragua, Venezuela y otras dictaduras comunistas. 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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Social Insecurity: It’s Not Wrong to be Concerned about Facts

2024-02-07

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2024-02-07

A December 19, 2023, article by Brett Arends on MarketWatch caught my eye with the oh-so-clickable title of “This Is the Scariest Number for Social Security.” Given the fact that many corporate media articles today focus on pointing out to the rubes how their senses are wrong and, gosh golly, everything is just peachy, it did not shock me to learn that Mr. Arends was not referring to the program’s unfunded liabilities or the projected depletion of...

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Forget Being the World’s Policeman; the Federal Government Can’t Even Keep DC Safe

2024-02-07

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2024-02-07

As the US federal government works to “bring peace” to the Middle East, Eastern Europe, and East Asia, it faces a rather embarrassing problem. There is currently a historic wave of violent crime battering the residents of Washington, DC. With 274 homicides, 2023 was the deadliest year for the city since the 1990s. Shootings, carjackings, and armed robberies also jumped in the nation’s capital. Parts of DC have been unsafe for a long time, but the...

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Money-Supply Growth Has Stabilized as Stealth Liquidity Keeps Bubbles on Life Support

2024-02-06

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2024-02-06

Money supply growth fell again in December, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. December's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April 2021, money supply growth has slowed quickly, and since late 2022, we've been seeing the money supply repeatedly contract, year over year. The last time...

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¿POR QUÉ EL SOCIALISMO ATACA A LA AGRICULTURA?

2024-02-06

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Los agricultores españoles siguen siendo perjudicados por las políticas socialistas y las regulaciones burocráticas impuestas por personas que no tienen ni idea de lo que es trabajar en el campo y solo sirven para complicarles la vida a los productores. 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 -...

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

2024-02-06

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2024-02-06

Donald Trump has won the Iowa caucuses and the New Hampshire primary and is leading in the polls to become the Republican candidate for the presidency in the upcoming general election. His status as the most likely contender to challenge Joe Biden is upsetting establishment figures who think that Trump’s ascent threatens democracy. Trump is constantly pilloried by the mainstream media as a demagogue who emboldens the racist underbelly of American...

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⏰ CUIDADO con el Agujero Fiscal de Estados Unidos

2024-02-06

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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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Affirmative Action, Jewish Quotas, and Academic Central Planning

2024-02-06

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2024-02-06

Race-based affirmative action began with President John Kennedy's 1961 creation of a Committee on Equal Employment Opportunity (EEOC). Following that, Congress passed the Civil Rights Act of 1964. Then in 1965 President Lyndon B. Johnson issued Executive Order 11246 that prohibited employment discrimination based on race, color, religion and national origin by organizations that received federal contracts.  In what is considered the first legal...

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Jacobin Capitalism?

2024-02-06

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2024-02-06

In his review of Claes G. Ryn's The Failure of American Conservatism, David Gordon points out that Austrian economic methodology is not a value-laden Jacobin experiment, but rather a workable explanation of how a successful economy works. Original Article: Jacobin Capitalism?

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Bye Bye Willie: The Political Rent-Seeker

2024-02-06

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2024-02-06

Intellectual property laws provide another example of how government stifles innovation and competition. Original Article: Bye Bye Willie: The Political Rent-Seeker

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Bastiat versus MMT

2024-02-06

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2024-02-06

One doesn’t need to search modern economic literature to take on the MMT crowd. Just read Bastiat. Original Article: Bastiat versus MMT

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Rising Interest Rates and the “Great Reset” Bubble

2024-02-06

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2024-02-06

While the “Great Reset” involves an unholy alliance between governments and big businesses, implementing its policies is impossible without central banks suppressing interest rates. Now that rates are rising, people are finding firsthand the real costs of the “Great Reset.” Original Article: Rising Interest Rates and the "Great Reset" Bubble

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Review: The Classical Liberal Case For Israel

2024-02-05

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2024-02-05

In War Guilt in the Middle East (1967) Murray Rothbard observes that libertarians are very clear on the principles of liberty, but less so on the details of specific events: Now this kind of insight into the root cause of war and aggression, and into the nature of the State itself, is all well and good … But the trouble is that the libertarian tends to stop there, and evading the responsibility of knowing what is going on in any specific war or...

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