Category Archive: 6b) Austrian Economics

EL PERONISMO CONTRAATACA

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What is Software Quality? An Austrian Approach

The International Software Testing Qualifications Board provides an excellent preliminary definition of quality: “The degree to which a work product satisfies stated and implied needs of its stakeholders.” However, despite all its virtues, this definition still requires further clarification to fully grasp all of its business ramifications. Here is when the notion of value comes in handy. Value Is Subjective We learn from praxeology that...

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3. Weltkrieg (WW3) im Anmarsch? Israel – Palästina | 5 unangenehme Fakten

5 unangenehme Fakten, warum ein schrecklicher Weltkrieg (WW3) drohen könnte und wer davon profitiert?! Freitagstipps abonnieren: https://thorstenwittmann.com/klartext-yt Thorsten Wittmann Homepage: https://thorstenwittmann.com/ Der Konflikt zwischen Israel 🇮🇱 und Palästina 🇵🇸: Geopolitisches Schachspiel, potenzielle Eskalationen im Nahen Osten und die Profiteure Traurig aber war, seit den Terroranschlägen der Hamas ist ein dritter Weltkrieg...

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The Cultural Impact of the Dollar

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 14 October 2023. Includes an introduction by Dr. Sandra Klein and audience question and answer period. Sponsored by Gregory and Joy Morin. The Cultural Impact of the Dollar | Guido Hülsmann Video of The Cultural Impact of the Dollar | Guido Hülsmann

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How a Trickle Can Turn into a Flood

Infamous hyperinflations like what hit Germany in 1923 did not begin as a flood. Instead, they started as smaller bouts of inflation initiated by governments that printed money to pay for deficit spending. Original Article: How a Trickle Can Turn into a Flood

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Fighting the Surveillance State Begins with the Individual

It’s a well-known fact at this point that in the United States and most of the so-called free countries that there is a robust surveillance state in place, collecting data on the entire populace. This has been proven beyond a shadow of a doubt by people like Edward Snowden, a National Security Agency (NSA) whistleblower who exposed that the NSA was conducting mass surveillance on US citizens and the world as a whole. The NSA used applications like...

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¿POR QUÉ LA IZQUIERDA ES ANTISEMITA?

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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Fed Forecasts: Financial Sport or Costly Distraction?

Forget Vegas sports betting for reckless speculation. When the Fed officials make projections, the markets assume they are accurate. However, as Jerome Powell himself admits, forecasts are speculative at best. Original Article: Fed Forecasts: Financial Sport or Costly Distraction?

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What Is Seen—And What is NOT Seen: Bastiat’s Often-Ignored Wisdom

Bastiat reminded his readers that economic analysis involves not just what we see on the surface, but also the costs that are hidden from view. Original Article: What Is Seen—And What is NOT Seen: Bastiat's Often-Ignored Wisdom

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Economics and the Real World

Much of modern neoclassical economic theory depends upon assumptions that do not reflect real world conditions. Austrian economists, however, know that realistic assumptions matter. Original Article: Economics and the Real World

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Where Did the Dollar Come From?

On this week's episode, Mark takes a look back to where our dollar came from. Our nation started with silver as money: the Silver Dollar, and before that the Spanish Peso in colonial times. That type of large silver coin goes back to the early 1500s and the Early Modern Era when such coins expanded trade, improved the food supply, led to commercially produced clothing, and gradually changed housing from mud-and-grass construction to...

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Destroying Liberty Through State Protection: The First Amendment

For a state to continue existing in any meaningful way, it must constantly seek to centralize power. Regardless of the original intentions of a state’s founders or the heritage that a state claims, if those running the state simply maintain their existing powers rather than growing them, they will find themselves circumvented. Subdivisions and organic local communities nominally under the state will develop independently from the state’s center of...

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Rothbard, Milei and the New Right in Argentina

Since I recognized almost twenty years ago that no person or institution has the right to initiate aggression, now is the first time I can tell a normie what my political stance is without them having no clue what I am talking about. Now I can say that I am an anarchocapitalist without causing much surprise, as a large part of the public now has some idea of what this term means. This is thanks to the fascinating electoral success of Javier Milei,...

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Dirk Müller – Gewaltspirale durchbrechen: Wir können die Welt verändern!

👉 𝐂𝐚𝐬𝐡𝐤𝐮𝐫𝐬.𝐜𝐨𝐦: 𝐉𝐞𝐭𝐳𝐭 𝟏 𝐌𝐨𝐧𝐚𝐭 𝐟ü𝐫 𝟏€ 𝐭𝐞𝐬𝐭𝐞𝐧 ►► https://bit.ly/Cashkurs_1 𝗦𝗲𝗵𝗲𝗻 𝗦𝗶𝗲 𝗱𝗮𝘀 𝗴𝗮𝗻𝘇𝗲 𝐕𝐢𝐝𝐞𝐨-𝐔𝐩𝐝𝐚𝐭𝐞 𝘃𝗼𝗻 𝗗𝗶𝗿𝗸 𝗠ü𝗹𝗹𝗲𝗿 𝗵𝗶𝗲𝗿: https://bit.ly/Marktupdate231017 (Bei diesem Video handelt es sich um einen kurzen Ausschnitt aus dem Marktupdate vom 17.10.2023 auf Cashkurs.com.) 📧 Gratis-Newsletter inkl. täglichem DAX-Update ►►► https://bit.ly/CashkursNL 🔴 YouTube-Kanal abonnieren ►►► https://www.youtube.com/@cashkurscom Bildrechte: Cashkurs.com /...

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Tyranny, Inc.: How “Beltway Libertarians” Failed to Convince Conservatives

From the various compromises pushed by "Beltway Libertarians" to the anti-free market rhetoric of conservative Sohrab Ahmari, government intervention has a lot of new friends. This will not end well. Original Article: Tyranny, Inc.: How “Beltway Libertarians” Failed to Convince Conservatives

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When It Comes to Economic Analysis, Your “Opinion” Is Irrelevant

I was recently in a room presenting to a group of about thirty. At one point, one of my fellow presenters said, “In my opinion, that is why this area of the country has lost so many jobs.” I held my tongue but couldn’t help but think, “Nobody cares about your so-called economic opinion.” Economics is based on the science of human action. We can, with certainty, deduce certain causes and effects. Your opinion on something is akin to saying, “In my...

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The Male/Female Wage Gap and This Year’s Nobel Laureate

Brian Albrecht joins Bob to discuss the work of this year's Nobel (Memorial) Prize Winner Claudia Goldin, with an emphasis on the male-female wage gap. The Male/Female Wage Gap and This Year's Nobel Laureate Video of The Male/Female Wage Gap and This Year's Nobel Laureate Claudia Golden and Tyler Cowan Discuss The Gender Earnings Gap: Mises.org/HAP418a Claudia Golden's Paper on The...

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SANCHEZ Y DÍAZ AUMENTAN LA PRESION FISCAL MÁS QUE NADIE EN LA UE

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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Is a Welfare State Consistent with Libertarianism?

Governing Least: A New England Libertarianismby Dan MollerOxford University Press, 2021; xii + 326 pp. Dan Moller’s thoughtful book is packed with arguments, and in what follows I’ll be able to discuss only a few points of interest. The central thread of the book concerns the welfare state in contemporary capitalist societies. Moller is not a strict natural rights libertarian in the style of Murray Rothbard, who would rule out the welfare state in...

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On Centralization, Decentralization, and Self-Defense

[See this lecture as a video.] States, regardless of their constitution, are not economic enterprises. In contrast to the latter, states do not finance themselves by selling products and services to customers who voluntarily pay, but by compulsory levies: taxes collected through the threat and use of violence (and through the paper money they literally create out of thin air). Significantly, economists have therefore referred to governments—i.e.,...

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