Category Archive: 6b) Austrian Economics

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OTRO ENGAÑO: LA “PROMESA” DE PRECIO DE LA LUZ DE SANCHEZ

2021-12-29

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Mandatory Holidays Mean Less Freedom and Flexibility for Workers

2021-12-29

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2021-12-29

One of the things people tend to appreciate throughout the year, and especially during the Christmas season, is statutory holidays. These days off are taken for granted by many, and few people stop to think about whether they have any drawbacks. But as any good economist will tell you, everything comes with tradeoffs, and holidays are no exception. The trick, then, is to figure out where the cost lies, and who, ultimately, is paying it.

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CALVIÑO y sus políticas: PEOR RECUPERACIÓN Y MÁS INFLACIÓN

2021-12-28

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The Real Reason Politicians Want Legal Cannabis Is Tax Money

2021-12-28

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2021-12-28

The latest two states to legalize recreational cannabis are New York and New Jersey. However, if one believes governors and legislators in those states have finally adopted a more libertarian view of the topic, one will be severely disappointed.

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LA QUE SE AVECINA. 2022, EL AÑO DE LA RESACA

2021-12-27

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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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Lessons from 2021: The rational way out

2021-12-27

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2021-12-27

As we are all preparing to bid farewell to 2021, there is a general feeling that this year, much like its predecessor, will not be missed. To my mind, however, it is clear that even though the past 12 months didn’t really teach us anything new, they did help cement the lessons of 2020 and spread important ideas to people who might otherwise have never come to question anything about the status quo.

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Life Expectancy in 2020 Fell 2.3 Percent to 77 Years. Does This Justify the Covid Panic?

2021-12-26

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2021-12-26

According to a new report released Wednesday by the Centers for Disease Control, the life expectancy at birth in the United States fell to 77.0 iyears n 2020, falling from 2019’s life expectancy of 78.8 years. The report also noted an increase of mortality with age-adjusted mortality in the US rising from 715.2 per 100,000 in 2019 to 836.4 per 100,000 in 2020. 

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The Fed’s Dovish “Tapering” and the ECB

2021-12-25

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2021-12-25

This week, the Federal Reserve gave the most dovish “hawkish” statement ever, an apparent aggressive tapering that, in reality, means maintaining very low rates and massive repurchases for longer.Inflation has skyrocketed and aggressive monetary policy is the key factor in understanding it. I already explained it in my article “The Myth of Cost-Push Inflation.” 

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Lass deine Ängste nicht dein Leben beeinflussen – so wirst du Gewinner in 2022!

2021-12-24

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So überstehst du 2022 und jede Krise mental als Gewinner Freitagstipps abonnieren: https://thorstenwittmann.com/klartext/ Homepage Thorsten Wittmann: https://thorstenwittmann.com/ Jahresrückblick und Weihnachtsvideo, wie du angstfrei vor der unsicheren Zukunft wirst Erst einmal: Frohe Weihnacht! Ich hoffe du hast einen wundervollen Heiligabend und geruhsame Weihnachtstage. Weiße Weihnacht wird es bei mir dieses Jahr sicherlich nicht...

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The Truth about Tulipmania

2021-12-24

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2021-12-24

When the economics profession turns its attention to financial panics and crashes, the first episode mentioned is tulipmania. In fact, tulipmania has become a metaphor in the economics field. Should one look up tulipmania in The New Palgrave: A Dictionary of Economics, a discussion of the seventeenth century Dutch speculative mania will not be found.

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Respective of butterfly knife

2021-12-24

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Dirk Müller: Energiewende – neue Technologien und komplexe Umstellung / Interview mit Rubikon

2021-12-23

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Dirk Müller spricht im Interview mit Flavio von Witzleben über die unbestreitbare Notwendigkeit Öl, Kohle und Atomkraft den Rücken zu kehren, betont aber auch, welche Schwierigkeiten der Prozess mit sich bringt. Ausschnitt aus dem Interview mit der Seite Rubikon (https://www.rubikon.news), das am 26. November 2021 veröffentlicht wurde. "Machtbeben" – Der Bestseller von Dirk Müller - Jetzt als Taschenbuch:...

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An Incriminating Piece in the JFK Assassination Puzzle

2021-12-23

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2021-12-23

My immediate reaction to the National Archives’ very limited release of a few of the CIA’s JFK-assassination records is this: I’m not interested in seeing what they’re releasing. I’m interested in seeing what they’re still hiding. 

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csr 2 game play

2021-12-23

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Csr2 playing around on new account racing

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Lockdown, Impfpflicht, Inflation + 30% garantiert! (Gewinnspiel)

2021-12-22

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Weihnachtszeit ist Geschenkzeit: Die Politik beschenkt uns mit weiteren Einschränkungen, Lockdown und Impfpflicht. Die EZB mit einer saftigen Inflation auch im neuen Jahr und ich euch mit einem todsicheren Investment mit 30 % Rendite. Viel Spaß & frohes Fest! Odyssee Kanal: https://odysee.com/@MarcFriedrich7:8?r=6fvvjTN8XFe1hymnQFz1GZLgD1L4oJDW Interview Prof. Dr. med. Paul Cullen: https://odysee.com/@MarcFriedrich7:8/cullen:e ► Mein neues...

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METAVERSO: ¿Puede un Pixel valer más que tu casa?

2021-12-22

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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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Why “Macro” Thinking in Economics Is Such a Problem

2021-12-22

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2021-12-22

As someone who teaches public finance (better termed the economics of government), I can’t count how many times I have heard politicians promise “comprehensive” reforms to some major problem. But what such efforts actually produce is always different from what is promised, because such achievements are beyond government’s competence.

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Can Dikes Be Private?: An Argument against Public Goods Theory

2021-12-21

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2021-12-21

According to many economists, we need the state to provide public goods.2 The assertion seems to be so crystal-clear that it is not even worth discussion in the mainstream. One typical and popular example of public goods in Germany is the case of dikes or levees.

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Who Will Inflate Faster? Europe or the Fed?

2021-12-20

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2021-12-20

The price of the euro in terms of the US dollar closed at 1.135 in November, against 1.156 in October and 1.193 in November last year. The yearly growth rate of the price of the euro in US dollar terms fell to –4.8 percent in November from –0.7 percent in October. Some commentators are of the view that the US dollar is likely to weaken against the euro (i.e., the price of the euro in US dollar terms is likely to increase).

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Vorsicht vor dem Bitcoin? Vorsicht vor dem Euro?

2021-12-19

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2021-12-19

Otmar Issing – ehemaliger Chef-Volkswirt der EZB – und Klaus Masuch  – Principal Adviser in der EZB – haben am 9. Oktober in der Frankfurter Allgemeinen Zeitung zu „Vorsicht vor dem Bitcoin“ geraten. Anlass ist ein neues Gesetz, das es deutschen Investmentfonds erlaubt in Bitcoin anzulegen.

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