Category Archive: 6b) Austrian Economics

Donald Trump, Julian Assange, Alex Jones, and Rudy Giuliani are in deep trouble with the US state. How about you? Most likely you feel safe because your voice hasn’t attracted a large following. What would the state’s enforcers gain by attacking a little guy? They’re big-game hunters. Pull the plug on the big guys and their everyday followers float away like bathtub water down a drain. Possibly you believe you aren’t really attacking the state with...

Read More »

Markets closed 2023 with the strongest rally for equities, bonds, gold, and cryptocurrencies in years. The level of complacency was obvious, registering an “extreme greed” level in the Greed and Fear Index. 2023 was also an unbelievably bad year for commodities, particularly oil and natural gas, something that very few would have predicted in the middle of two wars with relevant geopolitical impact and significant OPEC+ supply cuts. It was also a...

Read More »

Back when I was a construction lender, I thought the perfect construction loan would pay off after one day, just long enough to collect the loan fee. After all, time is your enemy in construction lending. Any of a myriad of unknowns can keep construction from being completed: the market may evaporate for what is being built, interest rates may rise to make a loan uneconomic, construction costs could increase to require a loan modification or more...

Read More »

The nineteenth-century English philosopher Thomas Hill Green was one of the key figures in the transition from classical liberalism to “modern” liberalism, in which the state, no longer a mere “night watchman,” if it ever was that, takes on a much more active role. The state in Green’s view ought to aid people in realizing their “real selves,” and doing this often involves supplying them with various goods and services. For this reason, Green is...

Read More »

Jamaica is a small island in the British West Indies, but despite its stature, this tiny nation has elicited the attention of global elites. In politics, Jamaica’s voting behavior at the United Nations is closely monitored by her neighbors in the Caribbean and the global community because she commands influence. Due to historical and cultural complexities, Jamaica is a magnet for academic research, and writing about the country has manifested into...

Read More »

The phrase "great replacement" has been increasingly thrown around by both conservatives and progressives in recent years. Conservatives claim the "great replacement theory" explains deliberate efforts by regime operatives to replace non-Hispanic whites with various groups of Hispanics and non-whites. Progressives, on the other hand, claim it is all a racist conspiracy theory.  I won't bore you with the details of the present...

Read More »

In response to the Israeli assault on Gaza, the Houthis (Ansarallah) of Yemen have retaliated by launching at least six drone attacks directed at Israel and attacking Western ships passing through the Red Sea. By the looks of it, their attacks have been quite successful thus far: Israel’s Eilat port alone has seen an 85 percent drop in shipping activity. To the United States, these actions of resistance and support of the Palestinian cause only...

Read More »

Whenever an economy falls into a recession, many economists point out that the economic slump means there will be idle capital and labor. Resources that could be employed are now unemployed because the economic slump has softened aggregate demand for goods and services. So-called experts believe the government must increase the overall demand in the economy since stronger demand will permit idle resources to be employed again. Hence, many...

Read More »