Category Archive: 6b) Austrian Economics

¿Veremos el petróleo a 120 dólares el barril?

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

The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data last week, and according to the report, price inflation during August accelerated, coming in at the highest year-over-year increase in three months. According to the BLS, Consumer Price Index (CPI) inflation rose 3.7 percent, year over year, in August before seasonal adjustment. That’s up from July’s year-over-year increase of 3.2 percent, and August is the...

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Striking Autoworkers Will Only Harm Their Own Livelihoods

Autoworkers are angry at their working situation and are striking for higher wages and a shorter work week. Their anger is misdirected. Original Article: Striking Autoworkers Will Only Harm Their Own Livelihoods

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End of an Era: Jacob Shapiro on Why Globalization Was a 30-Year Aberration

Mauldin Economics COO Ed D’Agostino interviews the master of nuance Jacob Shapiro, a partner at Cognitive Investments and co-founder of Geopolitical Futures with the legendary George Friedman. Jacob breaks down why the last 30 years of globalization were an aberration, how it started to unwind with Obama’s tire/poultry trade war, and which country will become “the next China.” You can learn more about Jacob Shapiro here:...

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The Central Bank Policy Interest Rate vs the Natural Rate

According to many commentators, the Fed’s monetary policy, which aims at price stability, is the key factor in attaining stable economic growth. They claim that what prevents the attainment of price stability are fluctuations in the federal funds rate relative to the neutral interest rate, also known as the natural interest rate. Under this view, since the natural interest rate is consistent with stable prices and a balanced economy, Fed...

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Zukunft der Banken und Krisenausblick 2024 | Dr. Markus Krall

Dr. Markus Krall im Interview: Bankenkrisen, Inflation, Energiekrise und digitale Währungen Geldsicherheit GARANTIERT - Online-Training: https://www.thorstenwittmann.de/yt-geldsicherheit-garantiert/ Atlas Initiative: https://atlas-initiative.de/ Krisen 2024 – das solltest du jetzt wissen ?! Dr. Krall ist Ökonom, ehemaliger CEO der Degussa-Goldsparte und mehrfacher Bestsellerautor. Er hat große Banken, Versicherungen und Regierungen beraten....

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“Debanking”: The Latest Assault on Freedom of Speech

In their war against free speech, progressive governments are now denying dissidents use of the banking system. Original Article: ""Debanking": The Latest Assault on Freedom of Speech"

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The Oil-Price Shock Is a Direct Consequence of Interventionism.

Oil prices are soaring, and, as always, we read in many articles that OPEC and Russia are to blame. However, if OPEC and its allies were almighty and the drivers of oil prices, why have Brent and West Texas Intermediate (WTI) crude plummeted in 2022? OPEC only reacts to demand, but it is not a price-setter. It is a price-taker. WTI is up 13% year-to-date, but it only started bouncing in May. WTI is only up 6% in the past year. At $90.7/barrel, it...

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Most Economists Are Wrong about the Economy 

Ryan McMaken and Tho Bishop are joined by economist Mark Thornton to take a look at why so many economists keep telling us the economy is in great shape. Get your free book at Mises.org/RothPodFree Be sure to follow Radio Rothbard at Mises.org/RadioRothbard. New Radio Rothbard mugs are now available at the Mises Store. Get yours at Mises.org/RothMug  PROMO CODE: RothPod for 20% off

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Así es cómo ADOCTRINAN en las Escuelas…

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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It’s Time for Some Debt and Entitlement Alarmism

Polls consistently show that climate change is a leading issue for young Americans. Millennials and Generation Z have been coached on climate arguments—and in most cases outright climate alarmism—in school and by the media, leaving them convinced that carbon-based energy has ruined their future on the planet. It appears that children are being organized to advance adults’ political goals. Greta from Sweden addresses the United Nations, apparently...

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America’s Big Three Entitlement Bankruptcies Are Inevitable

The vast American welfare system is imploding. Future tax revenues will not come close to meeting future obligations. Something must give. Original Article: America's Big Three Entitlement Bankruptcies Are Inevitable

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Chess, Trans Athletes, and Free Markets in Sports

Transgender athletes are becoming increasingly more common in athletic competitions, and this has spurred a great deal of criticism from the right side of the political aisle. Their argument is simple: men have a distinct advantage when it comes to sports. This point seems self-evident given the immense amount of success most trans athletes (typically male to female) experience when they decide to change gender. CeCé Telfer, Mary Gregory, and...

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

On September 15, 2023, the United Auto Workers (UAW) union staged a massive strike consisting of thirteen thousand workers, and for the first time, the union hit three separate automotive enterprises simultaneously: General Motors, Ford, and Stellantis. The Associated Press noted that only three assembly plants are on strike at the moment: a General Motors factory in Wentzville, Missouri; a Ford plant in Wayne, Michigan; and a Jeep factory owned by...

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Is China Colonizing Jamaica?

Some Jamaicans complain that the Chinese are "colonizing" the country because of their economic success there. Actually, their success is due to entrepreneurship and plain hard work. Original Article: "Is China Colonizing Jamaica?"

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La Dolarización Argentina es INEVITABLE

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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Haiti May Have Won Independence, But It Is Not Independent of Chaos and Poverty

Haiti is engulfed by an ongoing political crisis and the world is desperately awaiting solutions to ease a turbulent political atmosphere. Her neighbors in the Caribbean are being implored by the international community to propose measures that will avert further calamities. Working to contain the crisis in Haiti benefits Caribbean countries because Haiti’s instability can lead to regional turmoil. Moreover, the appetite for refugee status in...

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The Original Oracle of Omaha: Howard Homan Buffett

Before there was Warren Buffett, known as much for his progressive politics as his acumen with money, there was his father, Howard Homan Buffett, a libertarian of the Old Right. Original Article: "The Original Oracle of Omaha: Howard Homan Buffett"

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Striking Autoworkers Will Only Harm Their Own Livelihoods

On Friday, September 15, 12,700 members of the United Auto Workers union (UAW) walked off the job at plants owned by the “Big Three” automakers—Ford, General Motors, and Stellantis (which owns Chrysler, Jeep, and Ram). The walkout marked the beginning of a series of long-expected targeted strikes aiming to give the UAW leverage as it renegotiates contracts with the three companies. The strike is grounded in frustrations over worker compensation....

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