Category Archive: 6b) Austrian Economics

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¿QUIÉN GANA MÁS EMPRESARIOS O POLÍTICOS EN ESPAÑA

2024-10-08

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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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Kamala Harris Tiene un Plan para Silenciarte

2024-10-08

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Kamala Harris y su equipo hablan abiertamente de limitar la libertad de expresión. John Kerry y Tim Waltz quieren censurar lo que consideran "desinformación". 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...

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The Many Roads to Liberty

2024-10-08

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2024-10-08

Most readers of my weekly column already favor a libertarian society, with either a strictly limited government or no government at all. They realize what a disaster the state has been. What are the philosophical foundations of this outlook? There are many possible answers, but in this column, I’m going to discuss three of the most important of these, the way Ludwig von Mises, Murray Rothbard, and Hans-Hermann Hoppe address this issue. I’m not...

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The “Fascist” Ad Hominem As an Act of Projection

2024-10-08

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2024-10-08

A definition of “projection” is when one baselessly accuses others of doing something unsavory, immoral, or illegal that he is actually doing. For example, a thief who, without proof, accuses others of being thieves. This is what socialists do when they call their intellectual and political opponents “fascists” or compare them to Hitler. Fascism is socialism, as Lew Rockwell recently reminded us in an essay entitled “National Socialism Was...

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The Christian Faith in the Thought and Life of Frédéric Bastiat

2024-10-08

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2024-10-08

“[L]iberty…is an act of faith in God and in His works.”This is how Frédéric Bastiat—a French economist known for his pioneering libertarian economic thought—concludes The Law, his most famous work. Reading his various writings and pamphlets, we can very often notice a recurring mention of God, or at least of a Creator, and of the morality that today we call “Judeo-Christian”; however, this faith found in his works can be found just as often in his...

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Survey Says: Disconnects Abound in School Opinions and Knowledge

2024-10-08

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2024-10-08

Recently, EdChoice published its 2024 iteration of its annual Schooling in America report that surveys thousands of American adults and school parents regarding dozens of school-related topics and preferences. Within this report are numerous interesting results but also consistent reminders of disconnects between reality and belief, between public- and private-school parents, and between people’s words and actions.On the Wrong TrackThankfully, over...

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Government Jobs and Part-Time Work Are Behind the Latest Jobs Gains

2024-10-08

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2024-10-08

Last Friday’s employment report from the Bureau of Labor statistics was labeled “shockingly good” by MSNBC, and as a “blowout” report by Reuters. According to the BLS, the US economy added 254,000 jobs in September, seasonally adjusted. That’s the biggest increase in six months.Defenders of the status quo seized upon this latest number as evidence that the US economy is in great shape. Uber-establishment economist Mark Zandi, for example, declared...

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Freedom of Association and Cancel Culture

2024-10-08

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2024-10-08

Murray Rothbard conceptualized liberty as an emanation of property rights and self-ownership. Freedom of association is, therefore, best understood as “a subset of private property rights.” Just as property rights are absolute and limited only by respect for other people’s property rights, freedom of association is absolute and constrained only by other people’s freedom to associate or not associate with whom they will. Unless we are all to live as...

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EL DRAMA DE EMPRENDER EN ESPAÑA

2024-10-07

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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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LA RECESIÓN Y LA DESTRUCCIÓN MONETARIA SERÁ BRUTAL

2024-10-07

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Nos enfrentamos a una gran ralentización económica y a una destrucción monetaria sin precedentes. 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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The Mirage of Honest Government

2024-10-07

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2024-10-07

For more than 70 years, America has been on the verge of honest government. In election after election, politicians have promised to finally take this nation to the moral high ground once and for all.In 1952, Dwight Eisenhower captured the presidency based in part on his promise to end “the mess in Washington”—festering corruption from 20 years of Democratic presidents. Housewives were swayed to support the Republican ticket with red, white, and...

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The Second Trump Shooter Believed Exactly What the Establishment Media Wanted Him to Believe

2024-10-07

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2024-10-07

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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Tariffs, Protectionism, and Why Borders Matter

2024-10-07

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2024-10-07

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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An Economy So Strong It Requires Crisis-Level Fed Action

2024-10-07

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2024-10-07

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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Understanding the Basics of Modern Banking

2024-10-07

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2024-10-07

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 Denarius and the Dollar: Price Controls Then and Now

2024-10-07

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2024-10-07

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 Fed Hits the Panic Button and Slashes the Fed Funds Rate

2024-10-07

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2024-10-07

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 Gradual Leftward Shift in US Politics and Economy

2024-10-07

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2024-10-07

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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Yes, We Should Defend the Term “Capitalism”

2024-10-07

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2024-10-07

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 Keynesian Multiplier Fairy Tale

2024-10-07

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2024-10-07

Many incorrectly assume that the overall economy’s output increases by a multiple of the increase in expenditure by government, consumers, and businesses. For instance, if out of an additional dollar received individuals spend $0.90 and save $0.10, then if consumers spending were to increase by $100 million, it is held that the overall output in the economy is going to increase by the tenfold of the increase in consumers’ expenditure (i.e. by $1...

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