Category Archive: 6b) Austrian Economics

Strikes Always Have Economic Consequences and the Latest UAW Strike Is No Exception

The UAW's strike against US automakers will do long-term damage to the domestic auto industry. Unfortunately, unions and their advocates will learn nothing from this debacle. Original Article: Strikes Always Have Economic Consequences and the Latest UAW Strike Is No Exception

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“Los ricos se quieren ir en cohete”… Nuevo ridículo de Yolanda Díaz

Te animo a suscribirte a mi canal y te invito a seguirme en mis redes sociales: ☑ Twitter - https://twitter.com/dlacalle ☑ Instagram - https://www.instagram.com/lacalledanie ☑ Facebook - https://www.facebook.com/dlacalle ☑ Página web - https://www.dlacalle.com ☑ Mis libros en Amazon - https://www.amazon.es/Daniel-Lacalle/e/B00P2I78OG ¡Un saludo!

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Even Though They Are in Long-Term Decline, Labor Unions Still Threaten the Economy

Recently, anyone who pays attention to current events has been assaulted with the news that both the Hollywood actors’ and writers’ unions are striking simultaneously for the first time since 1960. Workers for UPS also recently reached a deal with their employer after threats of a nationwide strike by the Teamsters union. Although many may think that unions are a thing of the past and are no longer relevant, they clearly remain both a political and...

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August Price Inflation Accelerated, and the Fed Fears More Is in Store

Fed policymaking is all about political expedience. When we see Fed policy, we must keep in mind that "managing the economy" is secondary to managing public debt service and public expectations. Original Article: August Price Inflation Accelerated, and the Fed Fears More Is in Store

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Our Fall Campaign Starts Today!

The mission of the Mises Institute is simple. We want to spread the ideas of Ludwig von Mises and the scholars he inspired. Ideas that are vital for a free and prosperous civilization. We do this through our student programs, our popular articles, our podcasts, one of the largest free economic libraries available online, and our new animated videos for beginners. Online and in person, we attack the state, the political class, and their crony...

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The State against Anonymity

In the last century, states have had great control over channels of media. In most of the West, lobbying groups and cartels working with “liberal” and “democratic” governments regulated who could broadcast while governments, with their endless pools of money and political force, competed alongside private, or foreign, establishments. South Africa banned television entirely, and then after legalizing it in the ’70s, the industry was still controlled...

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BRUTAL ZASCA A LOS PALMEROS DE SÁNCHEZ Y DÍAZ. Los Datos del INE hunden a la propaganda.

#pedrosánchez #yolandadíaz #ine #economia #paro #crisis Te animo a suscribirte a mi canal y te invito a seguirme en mis redes sociales: ☑ Twitter - https://twitter.com/dlacalle ☑ Instagram - https://www.instagram.com/lacalledanie ☑ Facebook - https://www.facebook.com/dlacalle ☑ Página web - https://www.dlacalle.com ☑ Mis libros en Amazon - https://www.amazon.es/Daniel-Lacalle/e/B00P2I78OG ¡Un saludo!

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CONTRA LA AMNISTÍA. MANIFESTACIÓN HISTÓRICA EN MADRID

#manifestación #madrid #puigdemont #amnistía #sanchez #díaz Te animo a suscribirte a mi canal y te invito a seguirme en mis redes sociales: ☑ Twitter - https://twitter.com/dlacalle ☑ Instagram - https://www.instagram.com/lacalledanie ☑ Facebook - https://www.facebook.com/dlacalle ☑ Página web - https://www.dlacalle.com ☑ Mis libros en Amazon - https://www.amazon.es/Daniel-Lacalle/e/B00P2I78OG ¡Un saludo!

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There Is No Fed Magic Trick to Achieve a Soft Landing

There are no more rabbits for the Fed monetary magicians to pull out of their hats. In an economy addicted to artificially low interest rates, any more moves by the Fed will trigger an economic downturn. Original Article: There Is No Fed Magic Trick to Achieve a Soft Landing

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The Chinese Economy: Market Socialism with Chinese Characteristics

China rose from poverty after the Mao years only because its political leadership embraced private property and a market economy. Unfortunately, today the Communist leadership is moving back to socialism. Original Article: The Chinese Economy: Market Socialism with Chinese Characteristics

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The State as Modern-Day Superstition: Unraveling the Illusions of Authority

To progressive elites, the state (at least one run by progressives) is omniscient and all-powerful. To anyone with understanding, the state is an entity usually run by gangsters. Original Article: The State as Modern-Day Superstition: Unraveling the Illusions of Authority

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Touch-and-Go

In this week's episode, Mark interprets the Fed's new economic projections for the economy, in which the Fed "doubles-down" on current economic growth and the economy's prospects moving forward. Essentially, the Fed is saying that they are taking us from the "touch-and-go" economy of the last three years to a touch-and-go landing, where the economy will take off and perform much better than anyone anticipates. Don't bet on it....

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ASÍ “CAMBIA DE OPINIÓN UN ANTI-CHINO” (¿?): LA FALACIA DE PRO Y ANTI CHINA

Para que quede claro, yo no he cambiado de opinión con respecto a lo que dije en el programa de Iker Jiménez ni sobre lo que he comentado EN VARIAS OCASIONES en este canal positivo y negativo sobre la política económica y la economía china. Te animo a suscribirte a mi canal y te invito a seguirme en mis redes sociales: ☑ Twitter - https://twitter.com/dlacalle ☑ Instagram - https://www.instagram.com/lacalledanie ☑ Facebook -...

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Bank CEOs Have Their Heads in the Clouds

Bank CEOs always have their heads in the clouds. First, pessimists never earn a seat in the corner office. Plus, it takes a good-sized ego to climb to the top of a bank bureaucracy. A person running a bank believes they can sail the ship through any stormy economic weather. Take John Allison. He’s the chairman of a bank holding company, Home BancShares. He told the Wall Street Journal about a time when the regulator of Home BancShares, the Federal...

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Defending the Undefendable Investments

The people presented in this book are generally considered villainous, and the functions they perform, harmful. Sometimes society itself is damned because it spawns such reprehensible characters. However, the thrust of this book will concentrate on the following propositions: They are guilty of no wrong-doing of a violent nature;In virtually every case, they actually benefit society;If we prohibit their activities, we do so at our own loss.       ...

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Are Workers Being Paid Their Product? Watch Out for Misleading Charts

Dr. Jonathan Newman joins Bob to break down the data used in a popular productivity vs. pay graph. They show why you should be wary of charts coming from agenda-driven institutions and how you can spot manipulated data. The charts mentioned during this episode are available at: Mises.org/HAP414Charts Gene Epstein on the Bob Murphy Show: Mises.org/HAP414a The Economic Policy Institute 2022 Paper: Mises.org/HAP414b The Economic Policy Institute 2015...

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Is the US Banking System a House of Cards Waiting to Topple?

Decades of low interest rates have ruined saving in the US economy, and banks are going to pay dearly for it. Original Article: Is the US Banking System a House of Cards Waiting to Topple?

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Dollarization in Argentina Will Not Promote Freedom

Javier Milei’s sensational performance in the Argentinean presidential election primary confirms the very real possibility that an anarchocapitalist who quotes Rothbard and Mises could become Argentina’s next president. If elected, there is little doubt that Milei will implement proposals aimed at profoundly reshaping Argentina’s economy along free market lines. Unfortunately, a controversial idea to fully dollarize the Argentinean economy seems to...

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¿Veremos el petróleo a 120 dólares el barril?

Te animo a suscribirte a mi canal y te invito a seguirme en mis redes sociales: ☑ Twitter - https://twitter.com/dlacalle ☑ Instagram - https://www.instagram.com/lacalledanie ☑ Facebook - https://www.facebook.com/dlacalle ☑ Página web - https://www.dlacalle.com ☑ Mis libros en Amazon - https://www.amazon.es/Daniel-Lacalle/e/B00P2I78OG ¡Un saludo!

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“Social Justice” Is Neither Social nor Just

Social Justice Fallaciesby Thomas SowellBasic Books, 2023; 224 pp. Thomas Sowell has given us a penetrating criticism of the approach to justice taken by many political philosophers, especially John Rawls and his innumerable followers. He says that they construct an image of the way society ought to be but fail to ask whether their plans are feasible. His criticism is well-taken, although he does not offer an adequate account of the rights that...

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