This year, more than sixty countries will hold or have already held elections; a quarter of the population will participate in democracy. Most people in the free world would consider that a victory for liberalism (“liberalism” in the traditional meaning of the word, not the corrupted definition used in the United States). Democracy is often staged as the epitome of freedom and prosperity, a noble system where the voices of the people not only reign...
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Category Archive: 6b) Austrian Economics
Why Libertarianism Is Flourishing in Polish Universities
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Trump Is Right about Abortion and Lindsey Graham Is Wrong
Donald Trump last week said he opposes any national legislation on abortion, and said he supports state governments adopting their own policies. According to USA Today: "Former President Donald Trump said individual states should choose their own abortion restrictions, avoiding talk of any kind of federal government ban and drawing criticism from Democrats and anti-abortion Republicans alike on a pivotal election issue. ...At the end of the...
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Summer 2024 Virtual Mises Book Club
In June 2024, the Mises Institute will hold its next Mises Book Club, a program that promotes deep reading in Austrian economics.The reading for this book club will be one of Ludwig von Mises's most popular works: Economic Policy: Thoughts for Today and Tomorrow. This year marks the 45th anniversary of its publication.This work is one of the best introductions to the ideas of Ludwig von Mises. It is based on six lectures he gave in 1959, covering a...
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DEBATE sobre el COEFICIENTE DE CAJA: ¿Deben los BANCOS TENER el 100%?
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The Siren Song of Equality
The “racial equality” debates are characterized by evolving concepts and terminology in a constant search for better ways to express the ideals and values of the protagonists. The mantras of “diversity, equity, and inclusion” (DEI) are now under increasing attack as several states move to ban DEI programs. In search of an alternative conceptual foundation for their equality schemes, many liberals (both progressive and conservative) who wish to...
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Finklestein’s Folly: How Not to Discredit One’s Opponents
The ongoing Israeli-Palestine conflict continues to captivate podcasters and listeners. So, Lex Friedman tapped into this interest by assembling a panel of experts to debate the issue. However, his decision to invite online personality Destiny as a commentator to defend Israel elicited criticisms, as Destiny is a college dropout who was parachuted to fame as a videogame streamer before becoming a political commentator.Since then, he has established...
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“Desire Paths” and the Problem with Central Planning
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McConnell Cannot Stop the Non-Interventionist Tide
Even Republican stalwarts like current Senate Minority Leader Mitch McConnell are starting to notice that something is shifting in the party. While McConnell announced recently that he would step down as Republican leader in the US Senate, in an interview last week he was adamant that he would continue to serve out his term in the Senate with one purpose in mind: “fighting back against the isolationist movement in my own party.”He sounds...
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Invasion Alert
Many Americans care about the dangers of mass immigration. Are they right to be concerned? In what follows, I’ll try to show that they are right. Immigration of elements hostile to American values does indeed pose a grave threat. But, if we are libertarians, don’t we have to defend “open borders”? I will argue that we don’t.One of the most obvious reasons mass immigration is a problem is its immense cost—hundreds of billions of dollars. A post from...
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Biden’s Inflation Narrative Dies as Price Growth Rises to a Seven-Month High
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Let’s Be Honest: The Economy Is NOT Doing Well
The American economy is not all right. But to see why, you need to look beyond the dramatic numbers we keep seeing in the headlines and establishment talking points.Take, for instance, the latest jobs report. For the third month in a row, the American economy added significantly more jobs than most economists had been expecting—a total of 303,000 for March. On its face, that’s a good number.But as Ryan McMaken laid out over the weekend, things...
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OJO, que vienen Curvas
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Watch Our New Fed Documentary Teaser Now!
Dr. Paul is right! People need to look at the money issue. Wars, spending, debt accumulation, subsidies, and foreign aid are intimately linked to the money machine known as the Federal Reserve.Central banks have two main purposes: inflate the money supply and bail out the big financial firms. By inflating the money supply, governments can finance their operations cheaply and surreptitiously at our expense. If we wish to expose the state and all its...
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Hair of the Dog — Progressives in Congress Need Another Hit of Low Interest Rates
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Failing to Make the Case for Race-Based Reparations
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CNN Is Wrong. Deflation Is a Good Thing
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California’s Latest Hustle: Utility Bills Based on Ratepayers’ Income
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Police Dogs Have Abolished Constitutional Due Process
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How State Intervention Fueled Haiti’s Descent into Chaos
[unable to retrieve full-text content]As the official government in Haiti loses control, many are calling it a failed state. Crises like this are often evoked to discredit libertarians. But blame for Haiti’s current plight lies with the actions of states, not the absence of them.
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On Swiss National Bank
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USD/CHF stays above 0.9100 nearing the highs since October
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SNB Sight Deposits: increased by 17.0 billion francs compared to the previous week
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Pound Sterling falls back as upbeat US Retail Sales strengthen US Dollar
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Canadian Dollar remains vulnerable after strong US Retail Sales
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2024-04-09 – Martin Schlegel: Interest rates and foreign exchange interventions: Achieving price stability in challenging times
Main SNB Background Info
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Supergau für Jens Spahn wegen RKI Files! -
Kentucky Becomes 45th State to End Sales Taxes on Gold and Silver
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STARKES Umfeld, STARKE Renditen: Ein (Börsen-)Jahr voller Erfolg -
Javier Milei vs. the Status Quo
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The Problem with Microlibertarianism
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Habeck Files: Die Grüne Kernschmelze! -
The Danger of the West’s Neglect of Individual Rights
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Bodemann flippt aus: “Wir brauchen mehr Kontrolle” -
The Evil of War
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Deutscher General: “Wir arbeiten an Operationsplan Deutschland”