Profits and losses play an important role in a free market system. However, as government intervenes to protect politically-connected firms from losses, the entire market becomes distorted and less reliable.
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Category Archive: 6b) Austrian Economics
ACUSAR A MADRID DE DUMPING ES UNA IDIOTEZ
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DOJ Opens Criminal Investigation Into FOMC’s Lisa Cook
Cook allegedly committed mortgage fraud, but the prosecution is really part of an effort to put more Trump personnel on the Fed Board of Governors.
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The US Now Has More Unemployed People than Job Openings
This does not bode well for new potential workers entering the labor force. Remarkably, things look especially bad for recent college graduates.
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Most Trump tariffs are not legal, US appeals court rules
Trump claimed he could single-handedly raise taxes (tariffs) under the International Emergency Economic Powers Act. The appeals court disagreed.
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America Should Follow Iran’s Lead and Legalize Organ Sales
Unfortunately, the only country to have accepted a semi-free market in organs is Iran; however, the results there have been stunning.
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NETFLIX REVIVE UNA MENTIRA: EL ESCÁNDALO DE JUSSIE SMOLLETT
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The Venezuela Military Deployment Is about Cronyism, Not National Security
President Trump has deployed naval vessels off the coast of Venezuela, citing its escalation of the war on drugs. However, the true motivation for Washington’s involvement in the region is likelier related to disputed oil claims affecting well-connected energy companies.
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The Short-Lived German Free Trade Movement
John Prince Smith, a British national who settled in Germany, led a free-trade movement in that country in the mid-19th century. Unfortunately, his movement ultimately was overpowered by the rise of Bismarck's Realpolitik.
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How Democratic Socialism Inverts the Logic of Civil Society
Portrayed as a socialist system that is established through the democratic voting system and not imposed by revolutionary violence, democratic socialism leads to an ossified, bureaucratic, iron-fisted system.
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NO SE HABLA DEL AGUJERO FISCAL QUE LE HACEN A LOS PROPIETARIOS
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The Venezuela Military Deployment Is About Cronyism, Not National Security
President Trump has deployed naval vessels off the coast of Venezuela, citing its escalation of the war on drugs. However, the true motivation for Washington’s involvement in the region is likelier related to disputed oil claims affecting well-connected energy companies.
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MADURO ACORRALADO Y SIN SALIDA
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Political Context of Black Suffrage in the Reconstruction Era
Discussions about black suffrage following the Civil War usually are focused upon black voting rights in the South. However, during that same time, northern states passed laws limiting black suffrage, something that often escapes the history books.
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Steve Hanke join CapitalCosm to Discuss Trump and Powell, Interest rates, and Inflation
Following Jerome Powell’s latest signal on rate cuts, economist Steve Hanke explains why markets and policymakers keep fixating on the wrong variable. Interest rates don’t drive the cycle, he argues—changes in the money supply do, with long and variable lags.
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Ending a War That Never Should Have Started
President Trump’s recent efforts to end the Ukraine War have been made more difficult because the EU, NATO, and the US government encouraged Ukraine to fight no matter what. The result has been a bloody disaster.
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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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