Category Archive: 6b) Austrian Economics

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Statism and the Unmaking of Reality

2023-08-24

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2023-08-24

Murray Rothbard wrote that egalitarianism was a war against nature. Statism has become a war against reality. Original Article: "Statism and the Unmaking of Reality"

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Why Governments Love Political “Crimes” Like Treason and Sedition

2023-08-24

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2023-08-24

The only real crimes are those that constitute violence against actual, specific persons and property. These are crimes such as theft, assault, rape, homicide, and fraud. States and civil governments of all types have long justified their existence on the grounds that they punish perpetrators of these crimes and thus provide "public safety." (The fact that states themselves often commit these crimes—i.e., through torture, police...

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Speaker Panel with Q&A

2023-08-23

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2023-08-23

Recorded in Windham, New Hampshire, on August 20, 2023. Special thanks to Joe and Tracy Matarese for making this event possible.

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President Biden’s SAVE College Debt Repayment Plan Puts the Motivations in the Wrong Places

2023-08-23

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2023-08-23

Imagine fathers at the little league baseball fence. The first brags, “My son is batting 200!” You should be thinking, “That’s not very good.” The second intones, “Oh yea, well my son is batting 175!” “Hold it,” you’re thinking, “this is going backwards.” And your suspicions are confirmed when the third yells out, even louder, “Here comes my son, batting 150!”  As all three dads high-five each other, you look at the name on the uniforms and it...

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2SLGBTQ+IA and the Law

2023-08-23

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2023-08-23

The activists went from "We want to be left alone to live our lives" to "we want to control your lives too." Now the movement has state power on its side and bullies all opponents.  Original Article: "2SLGBTQ+IA and the Law"

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Bidenomics: A Boom That Awaits an Inevitable Bust

2023-08-23

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2023-08-23

Joe Biden recently claimed on Twitter that “Bidenomics” has increased the real wages of low-income workers. A counterclaim was made through Twitter’s Community Notes that wages adjusted for inflation were actually lower at the time of Biden’s claim. But data without theory is unsatisfying, so it is worth asking if conditions of the last few years have been conducive to higher real wages, especially for lower earners. The Boom First, we need to...

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The New Abnormal: The Rise of the Biomedical Security State

2023-08-23

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2023-08-23

Recorded in Windham, New Hampshire, on August 20, 2023. Special thanks to Joe and Tracy Matarese for making this event possible. The-New-Abnormal:2 [embedded content]

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Modern Medicine’s Great Controversy

2023-08-23

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2023-08-23

Recorded in Windham, New Hampshire, on August 20, 2023. Special thanks to Joe and Tracy Matarese for making this event possible. Modern Medicine’s Great Controversy | Peter McCullough, MD Video of Modern Medicine’s Great Controversy | Peter McCullough, MD

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Welcome

2023-08-23

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2023-08-23

Recorded in Windham, New Hampshire, on August 20, 2023. Special thanks to Joe and Tracy Matarese for making this event possible.

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Socialism Cannot Work, Not Even in an AI-Driven Economy

2023-08-23

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2023-08-23

Some are claiming that AI can make socialism workable, but even AI cannot take the place of entrepreneurial economic calculation. Original Article: "Socialism Cannot Work, Not Even in an AI-Driven Economy"

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The Killing and Destruction Must Stop: It Is Time to End the Ukraine War

2023-08-23

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2023-08-23

Earlier this month, CNN published the results of a poll that found that most Americans oppose sending more money and military aid to the Ukrainian government. A closer look reveals that Republican voters are behind the results. Around seven in ten Republicans oppose sending more support to Ukraine. The poll results have prompted an effort among establishment Republicans and neoconservatives to bring the party’s voters back in line. Days after CNN...

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The Fed Is Losing Tens of Billions: How Are Individual Federal Reserve Banks Doing?

2023-08-22

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2023-08-22

The Federal Reserve System as of the end of July 2023 has accumulated operating losses of $83 billion and, with proper, generally accepted accounting principles applied, its consolidated retained earnings are negative $76 billion, and its total capital negative $40 billion. But the System is made up of 12 individual Federal Reserve Banks (FRBs).1 Each is a separate corporation with its own shareholders, board of directors, management and financial...

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The Government Wants to Turn Blockchain Firms into Servants of the State

2023-08-22

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2023-08-22

Federal prosecutors and other law enforcement agents are turning blockchain firms into government subsidiaries. The real goal is to criminalize what really are lawful, private exchanges. Original Article: "The Government Wants to Turn Blockchain Firms into Servants of the State"

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The Fed: Harming the Economy for over a Century

2023-08-22

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2023-08-22

Since its founding in 1913, the unelected central planning bureaucrats at the Federal Reserve have been given the incredible privilege of legally creating money out of thin air, which mere mortals like us are not allowed to do. They have also been given the tremendous responsibility of maintaining (1) maximum employment, (2) a stable price level, and (3) low interest rates. How have they done so far? Since 1913, the bureaucrats at the Fed have...

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Help Us Get What Has Government Done to Our Money? into the Hands of Students!

2023-08-22

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2023-08-22

The weaponization of money is the issue of our time. The politicization of the dollar doesn’t only make us poorer; it empowers the evilest actors in society and undermines the most important foundations of civilization. As Dr. Ron Paul has noted, “It is no coincidence that the century of total war coincided with the century of central banking.” This year marks the sixtieth anniversary of Murray Rothbard’s classic work What Has Government Done to...

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Why Government Pollution Control Fails

2023-08-22

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2023-08-22

Mainstream economists are quick to claim that environmental problems are caused by "market failure" that can be "fixed" by government intervention. However, the intervention itself is the problem. Original Article: "Why Government Pollution Control Fails"

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America’s Big Three Entitlement Bankruptcies Are Inevitable

2023-08-22

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2023-08-22

America’s federally sanctioned entitlement programs, Medicare, Medicaid, and Social Security, each face bankruptcy in the next few years. Medicare and Medicaid were created in 1965 as part of President Lyndon Johnson’s Great Society legislation. Social Security was created in 1935 to provide retirement income for Americans who reached the age of sixty-five. These three entitlement programs consume about fifty cents of every federal budget dollar,...

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Has World War III Already Begun?

2023-08-21

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2023-08-21

The recent actions of the Federal Reserve are reminiscent of central bank activities in wartime. Original Article: "Has World War III Already Begun?"

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Rothbard: Gun Regulation Explained

2023-08-21

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2023-08-21

[A selection from For a New Liberty.] If, as libertarians believe, every individual has the right to own his person and property, it then follows that he has the right to employ violence to defend himself against the violence of criminal aggressors. But for some odd reason, liberals have systematically tried to deprive innocent persons of the means for defending themselves against aggression. Despite the fact that the Second Amendment to the...

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The Great Phony Disinflation Enters Its Finale

2023-08-21

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2023-08-21

“La commedia è finita!” summarizes where the United States and Europe now stand in the Great Phony Postpandemic Disinflation. Why phony? Reported consumer price index (CPI) inflation has been falling in the US and Europe; but this has little to do with the advertised monetary tightening by the Federal Reserve, European Central Bank (ECB), and Bank of England. Rather, the decline in reported CPI inflation is consistent with a natural downward rhythm...

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