Category Archive: 6b) Austrian Economics

Filter archive by: Show All Show only Articles Show only Videos

What Was Mises’s Position on Fractional Reserve Banking?

2024-10-18

by

2024-10-18

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...

Read More »

Nagel on Libertarianism and Other Things

2024-10-18

by

2024-10-18

The philosopher Thomas Nagel can always be relied on for thought-provoking arguments, and in what follows, I’m going to discuss several that are relevant to libertarianism. These arguments are to be found in Nagel’s book Equality and Partiality (Oxford, 1991).Nagel takes for granted the existence of the state, but his arguments can be adapted to an anarcho-capitalist society as well, though that is not a task I’ll pursue here. In any decent...

Read More »

Nagel on Libertarianism and Other Things

2024-10-18

by

2024-10-18

The philosopher Thomas Nagel can always be relied on for thought-provoking arguments, and in what follows, I’m going to discuss several that are relevant to libertarianism. These arguments are to be found in Nagel’s book Equality and Partiality (Oxford, 1991).Nagel takes for granted the existence of the state, but his arguments can be adapted to an anarcho-capitalist society as well, though that is not a task I’ll pursue here. In any decent...

Read More »

Who Starts Business Cycles? Banks or the Fed?

2024-10-18

by

2024-10-18

Do banks receive deposits and then loan some of that money out? Or do they first extend loans that turn into deposits in the banking system?Some critics of Austrian economics and, most recently, of the Mises Institute’s new documentary, Playing with Fire, say that anyone who discusses the former is not up-to-date on modern banking practices.Mike Shedlock at Mishtalk attempted to refute statements made by Joseph Salerno and me about fractional...

Read More »

The Present Monetary System Is Heading for a Breakdown

2024-10-18

by

2024-10-18

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...

Read More »

Home Ownership Is Not the American Dream

2024-10-18

by

2024-10-18

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...

Read More »

Centralizing Federal Power through Southern Reconstruction

2024-10-18

by

2024-10-18

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...

Read More »

“I Have Bills to Pay,” Or Why the Fed Really Cut Interest Rates

2024-10-18

by

2024-10-18

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...

Read More »

So bereist du die Welt – Influencer Pascal und Desirée zeigen dir wie

2024-10-18

by

Business und Reisen vereint: Pascal und Desirée Tibi's Tipps für dein Traumleben Webseite Desirée und Pascal Tibi: https://www.designyourdreamlife.de/ Webseite Thorsten Wittmann: https://thorstenwittmann.com/ So baust du dir ein Onlinebusiness auf und bereist die Welt! Im Januar, als ich mal wieder auf Nordzypern war, habe ich zufällig zwei Influencer kennengelernt. Pascal und Desiree sind extrem bekannt auf Instagram und leben seit vielen...

Read More »

Chinese Authorities to Stop Economic Cleansing

2024-10-18

by

2024-10-18

Austrian Business Cycle Theory tells us that recessions are an indication an economy is healing. Booms created by government printing presses and fiscal interventions will be cleansed by downward reset of asset prices and labor misappropriation will be righted by rising unemployment. Murray Rothbard wrote in America’s Great Depression, “The adjustment process consists in rapid liquidation of the wasteful investments. Some of these will be abandoned...

Read More »

Answering the Confused Critics of Austrian Economics

2024-10-18

by

2024-10-18

Richard Duncan recently appeared on the podcast Wealth Formula to discuss the Austrian school of economics. Despite being only 42 minutes long, the episode is packed full of errors and fallacies. What makes the discussion relevant for Austro-libertarians is not that these two non-Austrians know nothing about Austrian economics, but that their uninformed critiques are characteristic of the kind of simplistic descriptions of Austrian thought that we...

Read More »

Without the State, Who Would Confiscate the Generators?

2024-10-17

by

2024-10-17

So here we are again.I remember watching, nineteen years ago, as Hurricane Katrina devastated New Orleans and surrounding areas. I remember donating bags full of supplies to an organization that was collecting them in New York City and taking them to the stricken areas. I remember hearing about people who lived in those areas coming together, getting organized, and doing whatever they could to help each other – and I remember hearing about FEMA...

Read More »

Beware of War Hawks in “America First” Clothing

2024-10-17

by

2024-10-17

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...

Read More »

BITCOIN REVELA EL COLAPSO DEL SISTEMA MONETARIO GLOBAL

2024-10-17

by

Bitcoin refleja el riesgo de colapso de monedas estatales. 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! #Bitcoin #Criptomonedas #Inversión...

Read More »

Is the Federal Reserve a Private Bank? It Doesn’t Matter.

2024-10-17

by

2024-10-17

After many years of writing articles on the Federal Reserve and central banking, there is one thing I can always expect in the hours following the publication of an article about the Fed: a reader will send me an indignant email insisting that the Federal Reserve is a private organization and that this is very important. Moreover, from the context of these messages it is apparent the authors believe that the alleged private nature of the Federal...

Read More »

A European Fannie/Freddie?

2024-10-17

by

2024-10-17

A bad ideaPublished in Housing Finance International Journal.The U.S. national housing finance market is uniquely dominated by two government mortgage companies, Fannie Mae and Freddie Mac. They do exactly the same thing, creating mortgage-backed securities that are de facto government-guaranteed. They are both completely dependent on the credit support of the U.S. Treasury, and thus dependent on American taxpayers. Both went broke in 2008, and...

Read More »

Dirk Müller: KI trifft auf deutsche Ideologie – Diese Geisterfahrt wird böse enden!

2024-10-17

by

👉 𝐂𝐚𝐬𝐡𝐤𝐮𝐫𝐬.𝐜𝐨𝐦: 𝐉𝐞𝐭𝐳𝐭 𝟏 𝐌𝐨𝐧𝐚𝐭 𝐟ü𝐫 𝟏€ 𝐭𝐞𝐬𝐭𝐞𝐧 ►► https://bit.ly/Cashkurs_1 𝗦𝗲𝗵𝗲𝗻 𝗦𝗶𝗲 𝗱𝗮𝘀 𝗴𝗮𝗻𝘇𝗲 𝐕𝐢𝐝𝐞𝐨-𝐔𝐩𝐝𝐚𝐭𝐞 𝘃𝗼𝗻 𝗗𝗶𝗿𝗸 𝗠ü𝗹𝗹𝗲𝗿 𝗵𝗶𝗲𝗿: https://bit.ly/Marktupdate241017 (Bei diesem Video handelt es sich um einen kurzen Ausschnitt aus dem Marktupdate vom 17.10.2024 auf Cashkurs.com.) 📧 Gratis-Newsletter inkl. täglichem DAX-Update ►►► https://bit.ly/CashkursNL 🔴 YouTube-Kanal abonnieren ►►► https://www.youtube.com/@Cashkurscom Bildrechte: Cashkurs.com /...

Read More »

The permacrisis strategy: the mortal dangers of our “new normal”

2024-10-17

by

2024-10-17

Share this article Over the last years, we have encountered an abundance of alarmist and hysterical “warnings” and admonitions, foretelling the impending doom of the world as we know it. Market corrections have served as an excuse for scaremongers to cultivate panic over a total systemic collapse. Surprising political shifts, like unexpected electoral results, have been coopted to support extreme scenarios, predicting the fall of the current world...

Read More »

Kamala Harris and Her Socialism with 1930s-German Characteristics

2024-10-17

by

2024-10-17

Presidential candidate, Kamala Harris, responding to accusations that she is a Marxist and has been concealing much of her economic agenda from the public, gave a speech at the Economic Club of Pittsburgh on September 25 attempting to reassure voters that her earlier proposals for price controls, debt cancellations, and consumer subsidies, as well as her new proposals are not a Bolshevik assault on capitalism, but are intended to create an...

Read More »

Americans Don’t Owe Eastern Europe Anything

2024-10-17

by

2024-10-17

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...

Read More »