Category Archive: 6b) Austrian Economics

The Limits to Public Opinion and the Failure of Democracy

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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Contrived Scarcity and Antitrust Lawsuits—“It’s Not a Bag, It’s a Birkin”

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 World at War—An Essential New Book from Ralph Raico

This article is the foreword to The World at War by Ralph Raico, edited and annotated by Edward Fuller. Buy the book at the Mises store. The twentieth century was a century of war, which means it was also a century of tragedy. The full extent of this tragedy, however, is often hidden by the popular narratives of the world wars that continue to be pushed in the West, especially among Americans. But many aspects of the tragedy are also taught far and...

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EL YUAN CHINO SE DERRUMBA MIENTRAS EL DÓLAR SE DISPARA

El yuan chino cae al nivel más bajo en un año frente al dólar tras la victoria de Trump. 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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Minimum Wage Laws Can’t Repeal the Laws of Economics

On April 1, 2024 California bill AB 1228 went into effect, raising the minimum wage to $20 an hour for fast food restaurant workers. The media pundits largely celebrated the bill’s boldness. Economists and industry insiders largely complained it would raise prices, lower employment, and maybe even radically diminish a convenient and beloved fixture in American society.A new study from the Institute for Research on Labor and Employment at UC...

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DISNEY, JAGUAR Y BUD LIGHT SE HUNDEN POR AGENDA IDEOLÓGICA

Empresas como Disney, Jaguar y Bud Light priorizan agendas ideológicas, ignorando a sus consumidores. 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...

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Federal Power and Statist Racecraft

There will never come a time when all human beings are in full ideological agreement, which is why free speech is of paramount importance to peaceful co-existence. Free speech is the only foundation on which men who disagree with each other can debate their opposing ideologies, or even hurl insults at each other if so inclined, but ultimately all the protagonists can do is try to persuade each other. All this changes when the state gets involved...

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Atomic Salvation: Did the Atom Bombs Save 500,000 to 32 Million Lives?

“I wanted to save a half million boys on our side.... I never lost any sleep over my decision.”—Harry Truman, (quoted in Alfred Steinberg, The Man From Missouri (New York, 1962), p. 259)It is estimated that there were 416,480 American military deaths in WWII. Thus, what we are invited to believe by Truman’s assertion that the atomic bombs saved 500,000 (or many more) American lives is that, had the US invaded Japan, more Americans would have died...

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Fiscal Folly

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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David Glasner on the Sraffa-Hayek Debate

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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Paul Krugman Rides into the Sunset

After spending 25 years as a columnist for the New York Times, Paul Krugman is finally retiring from that position—25 years too late, if one wishes to be honest. It is hard to measure the influence he had from that perch, but his columns surely were the deciding factor in his winning the Nobel in economics in 2008 after eight years of lambasting the George W. Bush administration.(His Nobel Prize was given, ostensibly, for “his work in economic...

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The Secret Passage: How Amzalak and Salazar Helped Ludwig von Mises Escape the Nazis

World War II was marked by the persecution and forced displacement of millions of people. Among them was Ludwig von Mises, one of the most brilliant minds in economics, whose ideas challenged the growing totalitarianism in Europe. Although there are few written records of his escape from Europe, this article provides several previously unpublished details, based on rare and never-before-published documents.These documents—discovered in Swiss and...

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BIDEN ADMITE CORRUPCIÓN CON SU INDULTO

Indultar a Hunter Biden expone la hipocresía de Biden y politiza la justicia, validando a Trump. 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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Dirk Müller: Ukraine-Waffenstillstand 2025 – DIE Chance für Europas Wirtschaft?

👉 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/Marktupdate241206 (Bei diesem Video handelt es sich um einen kurzen Ausschnitt aus dem Marktupdate vom 06.12.2024 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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Self-Described “Austrian” Is New Leader of UK Conservative Party: Should Kemi Badenoch Give Us Hope?

Following their overwhelming defeat in the July 2024 general election, Britain’s Conservative Party recently elected Kemi Badenoch as its newest leader, meaning that she would become Prime Minister if the Conservatives win the next general election. It would be an exaggeration to describe Badenoch as a completely unknown political figure, but as a relatively early-career politician—she is 44 years old, was first elected to Parliament in 2017, and...

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Why Pete Hegseth Might Not Get Confirmed as Secretary of Defense

[Editor’s note: Trump’s nominee for Secretary of Defense, Pete Hegseth, has faced some significant opposition to his nomination in the US Senate. His nomination is by no means assured, although his opponents have offered few specifics as to why they oppose Hegseth’s nomination. Much criticism has come in the form of Hegseth’s personal habits, but it is unlikely this is the real potential deal breaker. Given that Hegseth has extensive experience...

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Marx’s Misanthropy

After the Cold War ended, many people thought that communism was a dead issue, and fashionable pundits like Francis Fukuyama claimed that we were witnessing the global triumph of liberal capitalism. But communism, in fact, never went away, and in these days we have witnessed its revival with, for example, the Marxist policies advocated by Kamala Harris. It is essential in these circumstances to be reminded of communism’s grim record. And who better...

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Marxmanship

After the Cold War ended, many people thought that communism was a dead issue, and fashionable pundits like Francis Fukuyama claimed that we were witnessing the global triumph of liberal capitalism. But communism, in fact, never went away, and in these days we have witnessed its revival with, for example, the Marxist policies advocated by Kamala Harris. It is essential in these circumstances to be reminded of communism’s grim record. And who better...

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Employed Workers Dwindle and Full-Time Jobs Fall as the Fed Readies More Easy Money

According to today’s report from the federal government’s Bureau of Labor Statistics, the US economy added 227,000 payroll jobs during November, according to the establishment survey. The unemployment rate rose slightly to 4.2 percent. This follows October’s jobs report which was the weakest since 2020. In October, private-sector employment fell month-over-month by 2,000 jobs.So, many media outlets described this latest report as a “rebound” or...

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What Has Government Done to Our Money?

The Mises Institute is currently in a campaign to distribute copies of Rothbard’s What has government done to our money. You can order free copies from the front page of Mises.org.Hello and welcome to another episode of the Minor Issues podcast. I’m Mark Thornton coming to you from the Mises Institute. Please like, share, and subscribe. Thank you.In What Has Government Done to Our Money?, Murray Rothbard changes your whole view of the world, not...

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