The story of Anil Ambani destroys the belief that capitalism automatically favors the rich and excludes the poor. Once a billionaire, he made a series of bad business choices and the market punished those choices. Capitalism favors good choices.
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Category Archive: 6b) Austrian Economics
Christine Lagarde to leave ECB before the end of her 8-year term
European economists regard Spain’s former central bank governor Pablo Hernández de Cos and his Dutch counterpart Klaas Knot as top picks to become the next ECB president.
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Surviving Capitalism: The Scarcity Advantage
The story of Anil Ambani destroys the belief that capitalism automatically favors the rich and excludes the poor. Once a billionaire, he made a series of bad business choices and the market punished those choices. Capitalism favors good choices.
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Ist der Westen am Ende – oder vor dem Comeback?
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Peru’s Congress Removes President José Jerí
Jerí, a 39-year-old lawyer, was elected to Peru’s Congress in 2021 for Somos Peru, a small conservative party. The removal follows allegations of collusion with Chinese businessmen.
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Voter ID is Common Sense, But it Won’t Fix Anything
While the Voter ID debate consumes the airwaves with political debate, the real issue is not who is elected, but the unelected elites that hold power. Even if Voter ID passes, the new law will not change the real structure of power.
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Monetary Decay and Imperial Survival
The American empire—with its global military footprint and permanent war economy—cannot be financed through honest taxation without provoking revolt.
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Can We Go Back to the Gold Standard?
Is it theoretically possible to go back to the gold standard? If so, what are some ways it could be implemented?
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When Moderation Becomes Method: Scientism and the Prestige of Experts
The middle of the road reveals itself not as balance, but as a gentle slope toward the rationalized management of social life.
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Was uns verschwiegen wurde: EU-Mail über Corona und Social-Media-Kontrolle
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Why We Should Repeal the Civil Rights Act
The Civil Rights Act, first passed in 1964, is falsely connected with freedom. In reality, this law severely restricts individual liberty and replaces it with coercive government acts.
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¿Bitcoin realmente vale cero, como te dicen?
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Voter ID is Common Sense, But it Won’t Fix Anything
While the Voter ID debate consumes the airwaves with political debate, the real issue is not who is elected, but the unelected elites that hold power. Even if Voter ID passes, the new law will not change the real structure of power.
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California’s Billionaire Tax and State-to-State Flight
Bob lays out California’s proposed 5% wealth tax on billionaires, using it to explain why taxes on wealth are especially destructive, how different tax structures change incentives, and what recent migration data says about people voting with their feet.
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A Brief History of the Petite Bourgeoisie
From the Jacksonians to the Marxists, political theorists have understood that there is something unique about "small industry" between big business and propertyless workers.
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„Wir müssen uns bei den Kindern entschuldigen.“
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Why Mises’s The Theory of Money and Credit Is Still Important Today
Ludwig von Mises’s first major work was The Theory of Money and Credit in which he explained the role of money in the economy and also pointed out what causes the boom-bust cycle. It remains an important classic in Austrian economics.
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Why Mises’s The Theory of Money and Credit Is Still Important Today
Ludwig von Mises’s first major work was The Theory of Money and Credit in which he explained the role of money in the economy and also pointed out what causes the boom-bust cycle. It remains an important classic in Austrian economics.
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On Swiss National Bank
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Household wealth in 2025
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SNB Sight Deposits: increased by 2.3 billion francs compared to the previous week
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Heads up for NZD and CHF traders, RBNZ Gov Breman and SNB Chair Schlegel to speak
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Swiss franc appreciation has led to tighter monetary conditions – SNB minutes
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SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
Main SNB Background Info
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