By trying to protect dairy farmers and raise their incomes, the government created a massive cheese surplus, then gave it away, thus harming the farmers they were trying to support.
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Category Archive: 6b) Austrian Economics
Does Cartelization Threaten the Feasibility of Anarcho-Capitalism?
One of the objections against anarcho-capitalism is that without government supervision, businesses will form cartels. However, free markets have their own ways of undermining these arrangements.
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TRUMP ENFRENTA UNA BOMBA DE TIEMPO
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Criticism of causal-scientific social research: Investigations into the foundations of sociology and economics
English translation of Hans-Hermann Hoppe's Kritik der kausalwissenschaftlichen Sozialforschung (Opladen 1983). Translated by Andreas Tank.
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Inflation and Economic Growth
According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, however, point out that in much of US history, economic growth was accompanied by deflation.
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Ludwig von Mises at 144: Praxeology and the Cornerstone of Austrian Economics
Ludwig von Mises was born 144 years ago today. His economic masterpieces are as relevant and powerful today as when they were written. Mises still is the most eloquent voice against socialism.
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SIEMPRE MIENTEN SOBRE LOS IMPUESTOS
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Newly Discovered Letters Reveal More on Rothbard’s Friendship with Frank Meyer
Rothbard wondered whether conservatives wished to conserve the status quo, adhere to the outlook of European rightists of the previous century, or perhaps merely favor gradual to sudden change.
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ARMADA DE EE. UU. RODEA AL RÉGIMEN DE MADURO
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LAS PENSIONES EUROPEAS AL BORDE DEL COLAPSO
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LA VIOLENCIA ES SU ARGUMENTO CUANDO NO HAY DEBATE
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SÁNCHEZ USA LA GUERRA DE GAZA PARA TAPAR LA CORRUPCIÓN
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When Political Violence Becomes a Signal
Individual voters have little reason to become informed. Politicians have strong incentives to pander rather than persuade. Partisans are rewarded for tribal loyalty rather than epistemic integrity.
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The Principle of Proportionality
Left-wing activists have tried to justify the recent light train murder in Charlotte and the assassination of Charlie Kirk, citing social justice narratives. But any narrative must be based both on truth and proportionality.
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HA TENIDO QUE HABLAR LA CASA BLANCA PARA QUE TE ENTERES
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Silver, Subsidies, and the Green Paradox
Mark Thornton shows why real conservation comes from property rights and prices, not bureaucratic targets.
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On Swiss National Bank
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SNB Sight Deposits: decreased by 15 billion francs compared to the previous four weeks
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
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2025-06-25 – Quarterly Bulletin 2/2025
Main SNB Background Info
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