Category Archive: 6b) Austrian Economics
Soft landing? Not likely
As Fed staffers no longer predict an impending recession, economists on social media are all assuring themselves that Americans are in store for a "soft landing." Mises Fellow Jonathan Newman joins Bob to explain why the data still support the case for recession and point out the eerie similarity to the calm before the storm in 2008.
Robert Lucas' Nobel Prize Winning Lecture: Mises.org/HAP407a
Bob's Eerie Article from 2007 on the...
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Want to Follow Your Dreams? The First Step Involves Hard Work
Adults tell young people to follow their dreams, but one cannot follow one's vision without realizing what it takes to get there.
Original Article: "Want to Follow Your Dreams? The First Step Involves Hard Work"
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A Conversation with Prince Michael of Liechtenstein
On November 15, 2021, almost twenty-one months ago, I once again had the rare and delightful opportunity to have a conversation with Prince Michael of Liechtenstein. His insights, especially with his directness and unequivocal honesty, have frequently provided me with a lot of food for thought in the past. This interview was no different. His candid and unfiltered responses to a wide variety of questions and topics made this conversation as...
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Praxeology with Good Huemer
Michael Huemer has made my life easier. One of my tasks at the Mises Institute is to teach praxeology to students, and doing so involves explaining a priori knowledge (i.e., what we can know just by thinking about it), a notion which many students find difficult to grasp. The task becomes even harder when you add that the a priori knowledge in question is “synthetic” knowledge that isn’t analytically true but that we can still know to be true just...
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Trump Indicted for Crimes Against Democracy
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop look at the latest indictment of Donald Trump. While many are exhausted with the theater of modern politics, DC's escalating attacks reveal the state's true anatomy. Any challenge to the state's legitimacy — like questioning an election — must be crushed.
Recommended Reading
"The United States vs. Donald J. Trump" by Tho Bishop: Mises.org/RR_145_A
"If Congress...
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Social Justice and the Free-Rider Problem
The political passion for "social justice" is creating a larger free-rider problem and a problem of injustice.
Original Article: "Social Justice and the Free-Rider Problem"
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Do Monopolies Cause Inflation?
The yearly growth rate of the consumer price index jumped from 5.4 percent in June 2021 to 9.1 percent in June 2022. Some economists attributed this increase to monopolies. According to Business Insider, economists at the Federal Reserve Bank of Boston have claimed that monopolies help keep the prices of goods and services high.
Most economists believe that monopolies make markets less efficient by influencing the prices and the quantity of...
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Rates, Housing, Inflation, and Zombies with Barry Habib
Zombie companies need cheap money to survive. Cheap money is a thing of the past, and casualties are piling up. It’s a familiar script: borrow money to fund growth, and compete on price. That business model fails when interest rates rise quickly. As debt-burdened, low-cost providers get squeezed by higher rates, more will fail. The irony is that culling weak companies may actually be inflationary—a knock-on effect the Fed will not welcome. My guest...
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Fast gestorben – So sehe ich die Welt heute | Interview mit Wolfram Andes
Wolfram Andes berichtet von seiner Nahtoderfahrung und wie sie die Sicht auf sein Leben veränderte.
Exklusives Geldsicherheitstraining: https://www.thorstenwittmann.de/yt-geldsicherheit-garantiert/
Wöchentliche Tippvideos abonnieren: https://thorstenwittmann.com/klartext-yt
Wolfram Andes ist ein geschätzter Kollege und bekannter Erfolgscoach, den ich seit ca. 10 Jahren kenne.
Und er ist … fast verstorben.
Ihm ist das passiert, was wir nicht...
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The Economics of Police and the Deep State
On this episode of Good Money, Tho is joined by Tate Fegley of Montreat College. Dr. Fegley talks about his lectures from Mises University on policing, AI, and the deep state, and the important topic of economic calculation that connects the three. In the final segment, Tho looks at the economics of college football in the aftermath of FSU's threat of secession from their conference.
Good Money listeners can order a special $5 book bundle...
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Paleoconservatives Need Better Critics
To seriously threaten the regime, one must attack it at its roots. This would require rejecting the modern civil rights legal regime, something modern Buckleyite conservatives and James Lindsay-style liberals are not interested in, and unites paleoconservatives and paleolibertarians.
Original Article: "Paleoconservatives Need Better Critics"
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Not Even a Pencil Could Exist without Fossil Fuels
In 1964, Leonard Read wrote a genealogy from the perspective of a pencil, demonstrating the vast, complicated web of the structure of production that is handled by the division of labor on free markets. The pencil explained that no one knows how to make a pencil because of the myriad production processes involved:
My family tree begins with what in fact is a tree, a cedar of straight grain that grows in Northern California and Oregon. Now...
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Belgian Colonialism of the Congo: Facts and Fiction
Like many colonial ventures, Belgium's involvement in the Congo had some successes—and many failures.
Original Article: "Belgian Colonialism of the Congo: Facts and Fiction"
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Real Progress versus the Progressives
Depending on one’s perspective, technology can be viewed as either an opportunity or a threat. Some people celebrate technical advances while others show disdain. Entrepreneurs are frequently eager to capitalize on the potential advantages of new technologies, but where entrepreneurs see room for dynamism, naysayers see doom. In this story, entrepreneurs are akin to wizards who use the magic of technology to improve the world, and naysayers are...
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On the American Pravda
Michael and guest co-host Ben Ahdoot talk with Ron Unz about RFK, Jr., Ron's American Prava series, the Unz Review, the Great Reset, censorship, the origins of SARS-CoV-2, and more.
On the American Pravda
Video of On the American Pravda
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Join Us for the Medical Freedom Summit!
The tyrannical threat of the biomedical security state is ever present.
While those that cheered for lockdowns, vaccine mandates, and the shutdown of the global economy retreat to the back pages of the news, the World Health Organization and their ilk are already gearing up for the next crisis. The covid scare may have lost its political potency, but you can be sure that "public health emergencies" will continue to be a powerful tool for...
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Striking Hollywood Actors and Writers Might Have to Get Used to Stagnant Wages
In this new age of decentralized and democratized content creation, union members' demands may simply be based on wishful thinking for a bygone era.
Original Article: "Striking Hollywood Actors and Writers Might Have to Get Used to Stagnant Wages"
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The Profiteers of Armageddon
Unless you’ve been hiding under a rock for the past few months, you’re undoubtedly aware that award-winning director Christopher Nolan has released a new film about Robert Oppenheimer, known as the “father of the atomic bomb” for leading the group of scientists who created that deadly weapon as part of America’s World War II-era Manhattan Project. The film has earned widespread attention, with large numbers of people participating in what’s already...
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Freedom of speech and “de-banking”
Threats to freedom of speech and efforts to suppress dissenting views and voices have been on the rise over the past decades. They were exponentially intensified since the ascent of social media and as the political polarisation in the West truly took hold of our societies, the powers that be have been using any and all toolsat their disposal to “defend” the interests of the establishment against those who might try to publicly question its...
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