Category Archive: 6b) Austrian Economics

Why Austrian Business Cycle Theory Is Better than Keynesianism

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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The Political Theology That Maintains State Power

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 “Capitalism” Really Means

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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How Intellectual Property Laws Stifle Innovation

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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Don’t Knock Nock

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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Who Sets the Prices for Goods?

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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Nine Months of Javier Milei as President of Argentina: A Critical Assessment

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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The Establishment Media Is Unaware of Its Growing Irrelevance

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 Has Government Done to Our World?

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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Orwellian Libertarianism: The Topsy-Turvy World of Walter Block

Walter Block asks us to consider the following case: Suppose someone is shooting at you. He has two babies strapped in front of his body. He is clearly an aggressor and, of course, you have the legal right to shoot back in self-defense. The moral and ethical considerations as to whether you ought to shoot back are the subject of debate, and Murray Rothbard has addressed those debates extensively, but from the perspective of libertarian law there is...

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TRUMP NOMBRA A SCOTT BESSENT PARA ECONOMÍA

Trump nombra a Scott Bessent, gestor de hedge funds, como secretario del Tesoro. 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! #ScottBessent...

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The Heartland theory: More relevant than ever?

Share this article Sir Halford Mackinder’s famous Heartland Theory was first formulated in the early 20th century, but it holds renewed relevance and importance today, especially when analyzed though a critical lens of the current geopolitical system, one that emphasizes individual freedom, limited government intervention, and skepticism of centralized power. Mackinder’s theory posits that control over the “Heartland” — roughly the region of...

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An Austrian Perspective on Tariffs

Tariffs have been a key instrument in government trade policies for centuries. For instance, one of the wealthiest ancient countries, Khazaria (7th-10th centuries CE), did not tax its citizens directly but instead imposed tariffs on all passing caravans due to its strategic location along major trade routes. In the United States, before introducing the federal income tax (1913), the government generated revenue primarily through tariffs. The role...

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Responding to Bryan Caplan’s Continued Critique of the Austrians

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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Elon Musk’s Blunder: There Is No “Efficient” Government

After astounding achievements like performing seemingly-crazy and impossible feats of rocket engineering, making satellite internet service practical, rescuing social media from covert government censorship, and even managing to build battery-powered vehicles that are rather more useful and cool than golf carts, Musk slipped up and committed a colossal blunder recently. He took on an insurmountable challenge that even his extraordinary genius and...

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There Is No “Efficient” Government

After astounding achievements like performing seemingly-crazy and impossible feats of rocket engineering, making satellite internet service practical, rescuing social media from covert government censorship, and even managing to build battery-powered vehicles that are rather more useful and cool than golf carts, Musk slipped up and committed a colossal blunder recently. He took on an insurmountable challenge that even his extraordinary genius and...

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¿POR QUÉ EUROPA ES MÁS POBRE QUE ESTADOS UNIDOS?

EE.UU. es más rico que la UE, que se empobrece por sus políticas intervencionistas, altos impuestos y regulación. EE.UU. crece mientras la UE se estanca. 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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Trump… Less Friendly to Business than Kamala

@TheJaredDillianShow believes Trump is less Business Friendly than Kamala! Check out the ul interview here:ttps://youtube.com/watch?v=D01au-Vf5

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Bankers, Fed Origins, and World War I

Let me issue and control a nation’s money and I care not who writes the laws.—RothschildThe real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson...—FDRThe American people are suckers for the word “reform.” You just put that into any corrupt piece of legislation, call it “reform” and people say “Oh, I’m all for ‘reform,’” and so they vote for it...

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What’s at Stake in “Stakeholder” Capitalism?

A Tyranny for the Good of Its Victims: The Ugly Truth about Stakeholder Capitalism. By Andrew F. Puzder. Encounter Books, 2024; xiii + 335 pp.Andrew Puzder, who is both a leading business executive—he was the CEO of a restaurant chain that owns Carl’s Jr.—and an experienced attorney, tells a dramatic tale. The free market is by far the best economic system and has made possible, since the Industrial Revolution, a historically unprecedented rate of...

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