Category Archive: 6b) Austrian Economics

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How to Write and Understand History

2019-12-30

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2019-12-30

[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

2019-12-29

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2019-12-29

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

2019-12-27

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

2019-12-27

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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

2019-12-27

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Doug French – Dad 2 Summit Event – Influencer – Coparent

2019-12-26

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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

2019-12-26

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2019-12-26

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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Abolish the Office of the First Lady

2019-12-26

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2019-12-26

It's almost Christmas time again, and that means its time for White House politicians and staff to spend hundreds of thousands of dollars on Christmas decorations and events for the White House.

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Economics and the Revolt against Reason

2019-12-25

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2019-12-25

The Revolt Against Reason. It is true that some philosophers were ready to overrate the power of human reason. They believed that man can discover by ratiocination the final causes of cosmic events, the inherent ends the prime mover aims at in creating the universe and determining the course of its evolution.

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Episode 55 – Dr. Robert P. Murphy | What is Austrian Economics? | OPEC and Free Enterprise

2019-12-24

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Source: We got a chance to talk to Dr. Robert Murphy of the Institute for Energy Research today. Find more of Dr. Murphy’s work here: Bob Murphy Show – https://www.bobmurphyshow.com/ Contra Krugman – https://contrakrugman.com/ Dr. Murphy on Crude Oil Price Controls – http://journal.apee.org/index.php?title=ARTICLES_2018_Journal_of_Private_Enterprise_Vol_33_No_1_Spring_parte5

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The Origin and Nature of Money | Murray N. Rothbard

2019-12-24

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Murray N. Rothbard (Mises.org/Rothbard) lectures at the Mises Institute's "First Annual Advanced Instructional Conference in Austrian Economics" at Stanford University; June 21-27, 1987. Mises.org/MisesU87

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The Origin and Nature of Money | Murray N. Rothbard

2019-12-24

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Murray N. Rothbard (Mises.org/Rothbard) lectures at the Mises Institute’s “First Annual Advanced Instructional Conference in Austrian Economics” at Stanford University; June 21-27, 1987. Mises.org/MisesU87

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Real High Crimes and Misdemeanors

2019-12-24

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2019-12-24

World Class Entertainer in the Cross-Hairs. Christmas is no time to be given the old heave-ho.  This is a time of celebration, redemption, and excess libation.  A time to shop ‘til you drop; the economy depends on it. Don’t get us wrong.  There really is no best time to receive the dreaded pink slip.  But Christmas is the absolute worst.  Has this ever happened to you?

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Failing to Emigrate Does Not Mean You Give Consent to the State

2019-12-24

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2019-12-24

Eric Nelson, a Professor Government at Harvard, has published this year a brilliant and imaginative book, The Theology of Liberalism (Harvard University Press, 2019). Nelson, it should be said, is no leftist, despite what you might expect from his Harvard affiliation. To the contrary, he is a conservative and favors, though not to the fullest extent, the free market and private property rights.

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The Pre-Misesians | Murray N. Rothbard

2019-12-23

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Murray N. Rothbard (Mises.org/Rothbard) presents the opening lecture at the Mises Institute's "First Annual Advanced Instructional Conference in Austrian Economics" at Stanford University; June 21-27, 1987. Mises.org/MisesU87

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The Pre-Misesians | Murray N. Rothbard

2019-12-23

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Murray N. Rothbard (Mises.org/Rothbard) presents the opening lecture at the Mises Institute’s “First Annual Advanced Instructional Conference in Austrian Economics” at Stanford University; June 21-27, 1987. Mises.org/MisesU87

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2019 Was The Year Of “No-Normalization” Of Monetary Policy – WHAT CAN WE EXPECT FROM 2020?

2019-12-23

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2019 El Año De La “No-Normalización” – ¿QUÉ ESPERAR DE 2020?

2019-12-23

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Do Negative Rates Work? Yes, But Not by Much

2019-12-23

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2019-12-23

Federal Reserve policy makers opposed to taking interest rates negative in the next recession might take comfort from the end of Sweden’s dalliance with below-zero rates. But investors shouldn’t expect the neighboring eurozone to follow suit: Just hours after the Riksbank raised its policy rate back to zero on Thursday, a group of the most senior monetary-policy staff at the European Central Bank published a long-awaited paper robustly defending...

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Good Economic Theory Focuses on Explanation, Not Prediction

2019-12-22

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2019-12-22

In order to establish the state of the economy, economists employ various theories. Yet what are the criteria for how they decide whether the theory employed is helpful in ascertaining the facts of reality? According to the popular way of thinking, our knowledge of the world of economics is elusive — it is not possible to ascertain how the world of economics really works.

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