Category Archive: 6b) Austrian Economics

The Boston Brahmins, WASPs, and Nazis: The Pursuit of Eugenics

Modern progressives don't like to refer to their long-held support of eugenics. In fact, American progressives influenced the Nazis, who launched their own murderous eugenics schemes. Original Article: "The Boston Brahmins, WASPs, and Nazis: The Pursuit of Eugenics"

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Don’t Fear AI: But Watch Out for These Industries and Jobs | Primer on AI with Stephen McBride

Artificial intelligence (AI) is the lifeblood of the technologies driving today’s global disruptions. And 2023 is the year that AI has been catapulted from novel idea to being on everyone’s radar. The AI narratives span from the promise of a George Jetson future to fears of a dystopian takeover by AI-empowered robots—and everything in between. To help sort all of this out, I reached out to AI expert Stephen McBride. He surveys the AI landscape...

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It’s Raining Entrepreneurship at a Taylor Swift Concert

The flowers of entrepreneurship bloom in the strangest places. Kirznerian entrepreneurs attending the rain-soaked Taylor Swift concert at Gillette Stadium in Foxborough, Massachusetts, determined there would be a market for the rain which had fallen near the pop diva. The New York Post reported, “Some entrepreneurial fans are capitalizing on and trying to flog [rain] online for $250.” This $250 price is the ten dollar bill analogy Israel Kirzner...

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Te Comparto ESTRATEGIAS para Combatir la INFLACIÓN

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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Debt cancellation: the new panacea?

There is clearly a common denominator in the kind of “solutions” that the State comes up with to deal with the problems that it caused (and that’s most problems). Not only are these remedies worse than the disease, but they are always extremely simplistic, reductionist and they never, ever, take into account anything else apart from the political “optics” and the populistic value of each new measure or piece of legislation. There is no...

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Soll ich meine Immobilien jetzt verkaufen?

Immobilien in Deutschland und Österreich und warum ich dringend verkaufen würde Kostenfreies Kennenlerngespräch: https://thorstenwittmann.com/yt-tag-6-ff-immobilien Wöchentliche Tippvideos abonnieren: https://thorstenwittmann.com/klartext-yt Damoklesschwert Immobilien: Warum sie alles andere als sicher sind! Ich weiß, die folgenden Zeilen sind direkt, aber ich zeige dir im heutigen Tippvideo viele Zahlen, Daten und Fakten, was ich konkret...

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There Is No Moral Right to Strike

American law protects what is called the "right to strike." However, Leonard Read found no moral code that permits such action. Original Article: "There Is No Moral Right to Strike"

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Lies, Damned Lies, and Government Statistics

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss the role statistics play in promoting the regime. Topics include some interesting differences in recently reported unemployment data, changes to inflation reporting over time, government withholding of various reports — including crime and money supply measures — as well as alternative measures Austrians use to better cut through state propaganda. [embedded content] New...

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The Feds Escalate the War on Crypto

On this episode of Good Money with Tho Bishop, Jeffrey Kauffman joins the show to discuss recent attacks from the SEC on major crypto exchanges. Kauffman, CEO of LBRY and content platform Odysee, shares his own company's battle with the SEC, the impossible burdens regulators have placed on legal compliance, and why DC's Operation Chokepoint 2.0 could be a positive for the industry in the long run. Good Money listeners can order a special $5 book...

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A Great Man Cannot Salvage a Bad Idea

When E.F. Hutton talks, people listen. —1970s TV commercial Imagine if your surname was synonymous with genius. And not just genius, but creative genius. Is there anything you could write or say that could be seriously challenged? Among your colleagues, certainly. Science is never closed, always debated, always contingent on certain postulates. But the lay public is apt to regard you as infallible. Such has been the fate of Albert Einstein who...

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The Woke Cartel and Twitter’s New CEO

With the appointment of Linda Yaccarino as Twitter's new CEO, Elon Musk is trying to appease woke advertisers to bring up his company's revenues. This will not end well. Original Article: "The Woke Cartel and Twitter's New CEO"

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To Avarice No Sanction

“No point in the field of political economy merits more thought and analysis than where to draw the line distinguishing the functions proper to government from the role assumed by all-out government—socialism. A good society is but a dream unless this issue be reasonably resolved.” This is how Leonard Read opened chapter 9, “To Avarice No Sanction,” in his 1972 book, To Free or Freeze: That Is the Question. While he addressed that question from...

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The Drug War: An Irrational Crusade

The drug war of the last half century has incarcerated millions and created havoc. What it hasn't done is eliminate people using drugs without government permission. Original Article: "The Drug War: An Irrational Crusade"

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Dirk Müller: Die aktuelle Börsen-RallyeBeeindruckend, aber auch hochgefährlich

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Technology Is Meaningless without Entrepreneurship

Technocrats frequently pressure the US government to increase R and D as a strategy to upstage China. The assumption is that public R and D will lead to innovation and economic growth because research generates the science that spurs innovation. Yet the formula is mistaken, for history has shown that science often lags technology. Innovations prior to the advent of modern science in Europe occurred without crucial advancements in scientific...

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Committing Domestic Violence against Men . . . Just for a Giggle

Domestic violence is a stain on society, but it is worse if we only care about violence committed against people of one sex. Original Article: "Committing Domestic Violence against Men . . . Just for a Giggle"

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The Saudi-China-Iran Partnership Creates a New Middle East

Ryan and Zack look at how China, Iran, and Saudi Arabia are reshaping the Middle East into a region where the United States no longer dominates. This is a good thing for ordinary Americans. Additional Resources "Thanks to Sanctions, the US Is Losing Its Grip on the Middle East" by Ryan McMaken: Mises.org/WES_11_A "The Petrodollar-Saudi Axis Is Why Washington Hates Iran" by Gary Richied: Mises.org/WES_11_B "Peace is...

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Econometric Models Cannot Fulfill the Role of an Economics Laboratory

Many economists believe that economics must emulate the physical sciences with controlled experiments to be credible. Econometric models, they claim, can fulfill the role of laboratory experiments. Through mathematical and statistical methods, an economist supposedly establishes relationships between various economic variables. For example, personal consumer outlays are related to personal disposable income and the interest rates, while capital...

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Ya Nadie Quiere a IRENE MONTERO… (ni SUMAR ni RESTAR)

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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How Capitalism Redefined Masculine Virtue

One of the main fronts in the current culture war in the United States is the debate over "masculinity." Certain corners of the Left tell us that "toxic masculinity" is a terrible thing. Yet, it's often unclear whether masculinity is itself necessarily toxic, or if toxic masculinity is just one type of masculinity. How masculinity is defined is essential to the debate, and every pundit wants to define it his or her own way....

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