Category Archive: 6b) Austrian Economics

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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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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 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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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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Can the Federal Reserve Buy Gold? Should It?

2024-10-07

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2024-10-07

Since the sixth century BC reign of Croesus of Lydia, refined gold has served as a monetary store of value. Today, many central banks, including the European Central Bank, the Swiss National Bank, the German Bundesbank, the Bank of France, the Bank of Italy, the Dutch National Bank, the Bank of Japan, the Reserve Bank of India, the People’s Bank of China, and the Monetary Authority of Singapore among others, hold gold as an investment and reserve...

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Kunden- oder politikorientierte Unternehmen. Wer schafft mehr Wert?

2024-10-07

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2024-10-07

Kunden- oder politikorientierte Unternehmen. Wer schafft mehr Wert? Kurz vor den Landtagswahlen in Sachsen und Thüringen schaltete ein genossenschaftlich organisierter Einzelhandel-Unternehmensverbund in zwei überregionalen Zeitungen großformatige Anzeigen, um von der Wahl einer der kandidierenden Parteien abzuraten.

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The Fed Rate Cut Isn’t the Housing Market’s Dream After All

2024-10-07

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2024-10-07

The rate cut by the Fed in September 2024 appears to be not much more than another performative song and dance. With many people, particularly in the real estate world, holding on to the idea that the rate cuts will stimulate buyers, the reality is not much will change, except for the worse.One can call the rate cut nothing more than a mere utterance from the Fed because it gives a message of assurance to the market and the public that it is doing...

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Economic Calculation and the Entrepreneur

2024-10-07

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2024-10-07

While most mainstream economists focus on the analysis of equilibria, Austrian economists examine the phenomena that are crucial in real-world markets operating in disequilibrium. Two of the most central aspects are economic calculation and entrepreneurship. In this regard, the Austrian school of economics offers profound insights into both the dynamics and the stability of capitalist societies.One of Ludwig von Mises’s most significant...

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KAMALA HARRIS NO PUEDE OCULTAR SU MARXISMO

2024-10-06

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Kamala Harris se presenta como capitalista, pero sus discursos sugieren una agenda marxista. 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 PROPAGANDA PARA DISFRAZAR LA POBREZA

2024-10-05

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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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