Category Archive: 6b) Austrian Economics

Egalitarian Interventionists: Why Politicians Love “Equality”
It is difficult to find a seemingly more unobjectionable term that “equality” is the modern West and America. Equality is often understood to be an unqualified good and part of the American creed: “all men are created equal.”The main reasons politicians love “equality” are because it is supposedly unquestionable in its obvious justice, slippery in definition, and unachievable. Consider the shifting definitions. “Equality” can mean equality before...
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Trump’s Slush Fund
In his February 3 Executive Order, President Trump directed his minions to begin planning for establishment of a “Sovereign Wealth Fund” that he originally touted in a speech to the Economic Club of New York last September. The fund would be on the order of $2 trillion, investing in things like manufacturing hubs, defense, and medical research. The order states:It is the policy of the United States to maximize the stewardship of our national wealth...
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Radical Reconstruction and State Omnipotence
In his book Omnipotent Government, Ludwig von Mises traces the shift in Europe from individualism to state omnipotence, highlighting the disastrous effects of empowering government to run every aspect of social and economic life:Men now seem eager to vest all powers in governments, i.e., in the apparatus of social compulsion and coercion. They aim at totalitarianism, that is, conditions in which all human affairs are managed by governments. They...
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Jean-Baptiste Say: Neglected Champion of Laissez-Faire
Beyond some rudimentary facts, very little is available in English about the life of J.B. Say. He was born in Lyons, France, to middle-class Huguenot parents, and spent most of his early years in Geneva and London. As a young man, he returned to France in the employ of a life insurance company, and soon became an influential member of a group of strongly pro-free- market intellectuals. Indeed, Say was the first editor of La Decade Philosophique ,...
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Xi’s Impossible Task: China’s Wealth War
Balancing coastal wealth & rural poverty while courting foreign investment #China #Economy
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LA HIPOCRESÍA DE LA UE
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The Fort Knox Gold Was Stolen From the American People
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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Economic Boom Coming: 800 Years of Post-Crisis Patterns | David Kotok
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Are we in for another pandemic? In the US, 10% of commercial egg-laying hens have died in connection with the bird flu in recent weeks. Egg prices have soared, and the USDA expects them to rise 41% this year.
Shares of Cal-Maine Foods, Inc. (CALM), the nation’s largest egg producer, are up 59% over the past year.
At this point, the bird flu can travel...
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Let’s Be Realistic
[The Lecturer’s Art: Gems of American History by Walter A. McDougall. Encounter Books, 2025. xxii + 291 pp.]The historian Walter McDougall is not a libertarian, but he criticizes the Progressives and Woodrow Wilson in a similar way to Murray Rothbard. He does so from the perspective of “realism.” Although people benefit from cooperation, realists maintain, their desires for wealth and power often lead them to act in ways that violate morality and...
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Die EU fällt, wenn Deutschland pleite ist! | Dr. Markus Krall
Dr. Krall über Trump, EU, Ukraine und Gaza
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Dr. Krall über Trump, EU und Kriege
Ich weiß nicht, wie es dir geht, aber das Jahr ist überaus unterhaltsam...
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“APAGÓN DE COMPRAS”: EL PLAN MÁS ESTÚPIDO DE LA IZQUIERDA
El 28 de febrero, grupos de ultraizquierda en EE.UU. proponen un "apagón de compras" para combatir la inflación, pero en realidad se disparan en el pie, ya que la inflación la causan los gobiernos, no las corporaciones.
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China’s Power Play: Taking Over the Middle East?
Beijing signals openness to trade deals while expanding global influence. #China #Trade #MiddleEast
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Educating for Liberty: Welcome and Opening Remarks
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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How Much Gold Does the US Government Own, and Where Is It?
Several key figures in the Trump administration have declared that the “gold at fort Knox” ought to be audited. I’m all in favor of this, but the gold at Fort Knox is less than sixty percent of the federal government’s gold holdings. The rest of the gold reserves needs to be audited as well.How Much Gold Is There?The US government has not performed a proper audit of its gold reserves since 1953. A partial audit occurred in the 1980s. The “audits”...
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TRUMP Y EL TALÓN DE AQUILES DE LA ECONOMÍA GLOBAL
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A Practical Way to Protect the Worldwide Trading System
In a previous essay, I pointed out that it is very likely that the US will isolate itself from the worldwide trading system due to its past—frankly unlawful—actions to steal the assets of other countries and the increasing assault on the purchasing power of the dollar. My goal was to recommend actions that the US government could adopt to reassure its trading partners that neither outright theft of assets or decline in the purchasing power of the...
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The Case for Immediately Closing the Central Bank
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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Dirk Müller – Ist Tesla endlich fair bewertet?
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The Gold In Fort Knox Does Not Back the Dollar or Anything Else
I’m all in favor of a thorough and public audit of the US’s gold reserves. This includes the gold, not only at Fort Knox, but also at the other gold storage facilities at West Point, Denver, and the New York Federal Reserve Bank. Ron Paul was right when, in 2011, he tried to force the federal government to be transparent about its gold holdings.Virtually everything the US government owns is stolen, whether it’s stolen from Americans or from foreign...
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Auditing America’s Gold Is Not Just Important, It’s Critical
An X exchange over the weekend is bringing new light to an issue long shrouded in mystery—the status of America’s purported stockpile of 8,133 tons of gold stored in Fort Knox and other government vaults across the country.News aggregator ZeroHedge tweeted at President Trump’s head of government efficiency, Elon Musk, “It would be great if @elonmusk could take a look inside Fort Knox just to make sure the 4,580 tons of US gold is there. Last time...
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