Category Archive: 6b) Austrian Economics

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There Are Only Downsides to Prolonging the War in Ukraine

2024-06-25

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2024-06-25

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Decolonizers’ Assault on Science

2024-06-25

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2024-06-25

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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The Best Thing Governments Can Do for Business Is Get Out of the Way

2024-06-25

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2024-06-25

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Has Interventionism Jeopardized America’s Future?

2024-06-25

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2024-06-25

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Trump’s Faulty Tariff Scheme

2024-06-25

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2024-06-25

Donald Trump recently addressed top CEOs with a proposal that he sells as helping to reduce income taxes. Trump came out in favor of possibly abolishing income taxation and replacing it with tariffs to finance the federal government. It is likely that the trade-off is simply rhetoric to sell everyone on his protectionist policy, but it is still worth picking apart a critical flaw in the idea regardless.Let’s assume there will be no cuts to...

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Phony Civil Rights

2024-06-25

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2024-06-25

Natural-rights libertarians reject egalitarianism, regarding it as a revolt against nature. On that premise, the only valid rights are those that give effect to self-ownership and private property. All rights created to give effect to egalitarian values are phony rights, and as Lew Rockwell has explained, “phony civil rights put your life in danger.”Murray Rothbard was against all phony rights, “all ‘rights’ for special groups,” with no exceptions....

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La POBREZA se dispara y el GOBIERNO lo oculta

2024-06-24

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España lidera la pobreza en la eurozona: Pese a estímulos fiscales y fondos Next Generation, la pobreza y la carencia material severa aumentan. 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 -...

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El ATAQUE a la gran empresa

2024-06-24

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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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Lysander Spooner’s Flawed War on Poverty

2024-06-24

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2024-06-24

One of the most legendary figures in the history of the liberty movement was Lysander Spooner (1808–87), a Massachusetts-based lawyer, writer, and political theorist. He is particularly well known for his abolitionism, rejection of social contract theory, and belief in natural law. Unfortunately neglected, however, are his economic writings, including among them Poverty: Its Illegal Causes and Legal Cure and Universal Wealth Shown to Be Easily...

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Más PRIVILEGIOS para CATALUÑA

2024-06-24

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Sánchez insiste en que va a haber financiación singular para Cataluña y plan de regeneración democrática. Es decir, más privilegios. 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 -...

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The UK Blood Scandal Exposes British Elites

2024-06-24

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2024-06-24

The United Kingdom’s political landscape has been rocked once again by yet another scandal. This scandal relates to tainted blood that was given to unsuspecting patients leaving them permanently horribly ill. This scandal is different from other more recent scandals; it has been known for decades that this has been happening, yet nothing has been done by successive governments on all sides of the political spectrum. As libertarians, we know why...

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Welfare Policies have Great Consequences

2024-06-24

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2024-06-24

In discussions of politics, it is common to see politicians praised for policies and programs that expand the welfare state. Politicians who sign off or approve spending at a greater magnitude than other politicians are often seen as more generous.

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Taking Back Our Money

2024-06-24

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2024-06-24

ForewordWe do not need a technocratic elite to manage the supply of money. In these three short articles, Murray N. Rothbard removes the Federal Reserve’s veil of scientific mystique to reveal a wholly unnecessary and malignant system. Rothbard contrasts the instability and unjust redistribution inherent in our current central banking system with the integrity of sound money and honest banking practices.Since the articles were published in 1995,...

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Commercial Bank Chickens Come Home to Roost

2024-06-24

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2024-06-24

The FDIC added 11 new banks to its Problem List in the first quarter of 2024, bringing the total to 63. The specific banks on this are kept confidential, but the endemic, underlying issues in the commercial banking sector are increasingly obvious.Interest Rate Risk and LiquidityThe FIDC reported that “Unrealized losses on securities totaled $516.5 billion in the first quarter, an increase of $38.9 billion (8.2 percent) from fourth quarter 2023.

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Thomas DiLorenzo Discusses Federal Reserve, Inflation, and Austrian Economics

2024-06-24

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2024-06-24

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Caitlin Clark, Bullying and the Business of Basketball

2024-06-24

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2024-06-24

Why do people watch sports? My mother believes it’s because “people want to be uplifted.” This may explain why many are upset about how basketball phenom Caitlin Clark, who broke the National Collegiate Athletic Association (NCAA) women’s and men’s scoring records, is being treated—or mistreated—in the Women’s National Basketball Association (WNBA).

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Decoding Monetary Policy: How Central Banks Steer the Economy

2024-06-24

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2024-06-24

Monetary policy stands as a cornerstone of modern economic management, wielded by central banks worldwide to influence the economic landscape. This dynamic toolset plays a pivotal role in steering economies through the ebbs and flows of growth, inflation, and employment.

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Los empresarios son el PROGRESO

2024-06-23

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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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Who Needs the Fed?

2024-06-23

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2024-06-23

This article appears as a full-page ad in the Wall Street Journal today, June 24, 2024, and was made possible by one of our generous donors:Perhaps nothing in financial news receives more attention than an announcement from the Federal Reserve. About eight times per year, the Federal Reserve’s Federal Open Market Committee meets to formally decide and announce its plans for monetary policy. Every announcement has the potential to cause a rally, or...

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The American Empire

2024-06-23

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2024-06-23

[The following is a condensation of Garet Garrett’s pamphlet The Rise of Empire, published in 1952, and included in his collection The People’s Pottage (Caldwell, ID: Caxton Printers, 1953).]We have crossed the boundary that lies between Republic and Empire. If you ask when, the answer is that you cannot make a single stroke between day and night; the precise moment does not matter. There was no painted sign to say: “You now are entering Imperium.”...

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