Category Archive: 6b) Austrian Economics

Why Paternalists Keep Calling Us “Irrational”

Some economists, such as the 2017 Nobel Laureate Richard Thaler and his colleague Cass Sunstein, have proposed an unusual justification for government interference with people’s choices. They do not intend, they say, to override the preferences that people have. They don’t want to tell people what they “should” want, according to an external standard that people don’t accept. They claim, however, that accepting the actual preferences people have...

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Why the Minimum Wage Is so Bad for Young Workers

In today’s political discourse, the minimum wage is frequently mentioned by the more progressive members of Congress. On a basic level, raising the minimum wage appears to be a sympathetic policy for low-income wage earners. Often kept out of the conversation, however, are the downstream effects of this proposal.

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Understanding Money Mechanics

Dr. Bob Murphy joins the Human Action Podcast to discuss one of the most important issues of all: how money and credit work in today's society. Jeff Deist recently commissioned Murphy to write a series of articles on money mechanics, an exceedingly important topic for critics of the Fed—and today's podcast serves as an introduction to the project.

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Dirk Müller – Tod von Top-General Soleimani & US-Wahlen

Auszug aus dem Cashkurs.com-Marktupdate vom 03.01.2020. Sehen Sie das komplette Marktupdate auf Cashkurs.com und erhalten Sie werbefreien Zugriff auf alle Premiuminhalte inkl. Beiträgen und Videos: http://bit.ly/ck-registrieren “Machtbeben” – Der Bestseller von Dirk Müller – Jetzt auch als Taschenbuch erhältlich: http://bit.ly/Machtbeben-Taschenbuch Dirk Müller Premium Aktien Fonds – Anlegerkongress 2020 – Jetzt...

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Le reset monétaire mondial a commencé, ruée vers l’or à venir – Ronald Stöferle, Egon von Greyerz

Ronald Stöferle (Incrementum – Rapport “In Gold We Trust”) et Egon von Greyerz (Matterhorn Asset Management, membre du board OR.FR/GoldBroker.com) discutent lors du salon International des Métaux Précieux & des Matières Premières à Munich, en Allemagne, des risques dans le système financier mondial. Les deux experts en métaux précieux partagent leur point de vue sur …

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Wealth Consumption vs. Growth – Precious Metals Supply and Demand

GDP – A Poor Measure of “Growth” Last week the prices of the metals rose $35 and $0.82. But, then, the price of a basket of the 500 biggest stocks rose 62. The price of a barrel of oil rose $1.63. Even the euro went up a smidgen. One thing that did not go up was bitcoin. Another was the much-hated asset in the longest bull market. We refer to the US Treasury.

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Is Greater Productivity a Danger?

It is bad enough that opponents of the free market wrongly blame capitalism for environmental pollution, depressions, and wars. Whatever the failings of their causal theories, at least they are focused on undoubtedly bad things. We have really gone beyond the pale, though, when the market is blamed for something good.

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2019 Was a Bad Year For the “Only Cops Should Have Guns” Narrative

On December 29, an armed gunman entered the West Freeway Church of Christ in Texas and shot two members of the congregation. Within six seconds, a third member of the congregation drew a weapon and shot the gunman dead. The events were captured on live-streamed video, with the dramatic events — in the minds of many observers — highlighting the benefits of privately-owned firearms as a defense against armed criminals.

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Mn Gordon’s Wealth Prism Letter

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Economic Stats Won’t Tell Us What Really Causes Recessions

Most economists are of the view that by means of economic indicators it is possible to identify early signs of an upcoming recession or prosperity. What is the rationale behind this opinion? The National Bureau of Economic Research (NBER) introduced the economic indicators approach in the 1930s.

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Government, Business, and American Economic History, Part 2 | Murray N. Rothbard

The lecture was presented by Murray Rothbard at the 1990 Mises University. Recorded at Stanford University on July 8, 1990.

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Government, Business, and American Economic History, Part 1 | Murray N. Rothbard

The lecture was presented by Murray Rothbard at the 1990 Mises University. Recorded at Stanford University on July 8, 1990.

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Análisis De Las Medidas Económicas Presentadas Por PSOE – Unidas Podemos

Un acuerdo de gobierno con unos ingresos de ciencia ficción pero unos gastos muy reales. El que crea que la subida brutal del gasto solo la pagarán los ricos tiene un problema con la realidad. Hay preparada toda una batería de subida de impuestos a todos. Vean

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How to Write and Understand History

[Adapted from Chapter 2 of Human Action.] The study of all the data of experience concerning human action is the scope of history. The historian collects and critically sifts all available documents. On the ground of this evidence he approaches his genuine task.

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To Be Useful, Data Needs Theory

For most so-called practical economists, information regarding the state of an economy is derived from data. Thus, if an economic statistic such as real gross domestic product or industrial production shows a visible increase, it is considered indicative of a strengthening of the economy. Conversely, a decline in the growth rate is regarded as weakening. It seems that by looking at the data one can ascertain economic conditions. Is this the case,...

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Russia and China: Two Very Different Currency Policies

Subscribe to my channel. Website: www.dlacalle.com/en Twitter: @dlacalle_IA

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Dirk Müller – Wir entscheiden ganz alleine, wie wir mit schwierigen Situationen umgehen

Cashkurs.com-Marktupdate vom 27.12.2019. Erhalten Sie werbefreien Zugriff auf alle Premiuminhalte inkl. Beiträgen und Videos: http://bit.ly/ck-registrieren “Machtbeben” – Der Bestseller von Dirk Müller – Jetzt auch als Taschenbuch erhältlich: http://bit.ly/Machtbeben-Taschenbuch Dirk Müller Premium Aktien Fonds – Anlegerkongress 2020 – Jetzt Tickets sichern: http://bit.ly/Anlegerkongress2020 Weitere Produkte von und...

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Rusia y China – Dos Políticas Monetarias Muy Diferentes

Suscríbete a mi canal y sigue mis artículos en www.dlacalle.com Twitter @dlacalle

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Doug French – Dad 2 Summit Event – Influencer – Coparent

When Doug started the Dad 2.0 summit 8 years ago, he didn’t anticipate the impact it would have. The conference is now the go to place to network with the top dad influencers, marketers, and a brands. The conference has hosted Michael Strahan, Dax Shepard, and more. They’ve paired dads with brands such as Dove, …

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How Today’s Central Bankers Threaten Civilization

When I was asked to write an article about the impact of negative interest rates and negative yielding bonds, I thought it was a chance to look at the topic from a broader perspective. There have been lots of articles speculating about the possible implications and focusing on their impact in the short run, but it’s not very often that an analysis looks a bit further into the future, trying to connect money and its effect on society itself.

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