Category Archive: 6b) Austrian Economics
Pandemic Whiskey Boom Turns to Hangover
Yeah, the other night I laid sleeping And I woke from a terrible dream So I caught up my pal Jack Daniel's And his partner Jimmy Beam And we drank alone, yeah With nobody else Yeah, you know when I drink alone I prefer to be by myself ~George ThorogoodI poured hundreds of “Jack and Cokes” when I tended bar from the late 70’s to mid 80’s. It was beyond me how anyone could tell the difference between Jack Daniels Old No. 7 and anything else when...
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When Proxy Wars Come Home
If we look long enough and hard enough, we might find an example of something in the US is not by the state, of the state and for the state. But it’s becoming more difficult.We live, if we live in the US, within a reverberating echo chamber of the bits of US foreign policy we can observe and understand. Those bits relate mainly to trade wars, monetary wars, and proxy wars. Each of these overtly externally directed “wars” echo in American streets...
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It’s Time to End Squatter’s Rights
Last month, New York City homeowner Adele Andaloro was arrested after changing the locks on a house that had been seized by squatters. According to The New York Post: "Andaloro was charged with unlawful eviction because she had changed the locks and hadn’t provided a new key to the residents. The residents, however, are squatters.Fortunately, Andaloro's arrest was filmed and went viral, reviving an ongoing debate over squatters...
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Guido Hülsmann’s Gratuitous Intellectual Donation
Abundance, Generosity, and the State: An Inquiry into Economic Principlesby Jörg Guido HülsmannLudwig von Mises Institute, 2024; 452 pp.It is rare to encounter a book that has the potential to reshape the way we look at economics, but Guido Hülsmann has done exactly that in Abundance, Generosity, and the State. Hülsmann is one of the leading theorists of the Austrian School, but he has always looked at issues in an original way, and that quality is...
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Guido Hülsmann’s Gratuitous Intellectual Donation
Abundance, Generosity, and the State: An Inquiry into Economic Principlesby Jörg Guido HülsmannLudwig von Mises Institute, 2024; 452 pp.It is rare to encounter a book that has the potential to reshape the way we look at economics, but Guido Hülsmann has done exactly that in Abundance, Generosity, and the State. Hülsmann is one of the leading theorists of the Austrian School, but he has always looked at issues in an original way, and that quality is...
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Bitcoin Halving 2024 – Was bedeutet das und wie kann ich mit Krypto mein Geld vervielfachen?
Finanzielle Freiheit durch Bitcoin-Halving: Experteninterview mit Einblicken in den Kryptomarkt
Krypto Powerday: https://thorstenwittmann.com/KPD-3-FF
Freitagstipps Abonnieren: https://thorstenwittmann.com/klartext-yt
Krypto-Experteninterview: Was ist denn dieses „komische Halving“ und wie geht es jetzt weiter mit Bitcoin & Co.?
Dieses ominöse Bitcoin-Halving… was ist das eigentlich genau?
Wie gehen die Kurse bei Bitcoin weiter?
Womit...
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Price Inflation Comes from Government, not from “Excuseflation” or “Greedflation”
Followers of the Austrian school of economics know that the term inflation refers to increasing the quantity of money or money substitutes. The result being a rise in the price of goods and services or a fall in the value of money. But, in the modern era, this rise in prices is called inflation and as Ludwig von Mises wrote, “This semantic innovation is by no means harmless.” The semantic change has people looking everywhere but where they should...
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No, the Brazilian Government Should Not Subsidize Carnival Festivities
Approximately forty-nine million people joined Brazil’s carnival festivities this year, spanning five days from February 9 to 13. Originally Catholic, the holiday has evolved to have numerous parades, known as “blocos” in Portuguese. Like other major events such as the Super Bowl, there’s consistent pressure for public funding. The Brazilian government, known for its history of high public spending, regularly subsidizes carnival parties through...
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El ESTADO no te da NADA que no te quite PREVIAMENTE
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Foreign Aid and the Politicization of Economic Life
The conservative government in the United Kingdom champions the view that giving more foreign aid to developing countries will fuel economic growth that, as a bonus, will help to resolve the ongoing migration crisis. The international development minister has explained the government’s reasoning, namely that “giving development aid to countries was morally ‘the right to do,’ but a core argument should also be that it prevented refugees and migrants...
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Big Agriculture Protectionism led to the Amos Miller Raids
The raid on an Amish family farm is the direct result of government protectionism of big agriculture through needless and cumbersome regulations.Amos Miller is an Amish farmer in Pennsylvania who has become a thorn in the side of the State of Pennsylvania and the federal government for his selling of raw milk and other unregulated products. Miller first came to the attention of the Food and Drug Administration in 2016 when they claimed his milk was...
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Big Agriculture’s Protectionism Targets the Amish
The raid on an Amish family farm is the direct result of government protectionism of big agriculture through needless and cumbersome regulations.Amos Miller is an Amish farmer in Pennsylvania who has become a thorn in the side of the State of Pennsylvania and the federal government for his selling of raw milk and other unregulated products. Miller first came to the attention of the Food and Drug Administration in 2016 when they claimed his milk was...
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Los más EMPOBRECIDOS de la OCDE
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Who Will Take Care of the Roads? Why, The Coercive, Substandard, and Monopolistic Government Department, That’s Who
Tu ne cede malis, sed contra audentior ito
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The Tyranny of the 1964 Civil Rights Act
New York City’s government has imposed draconian rent controls. The natural outcome, as economists note, has been massive shortages, as apartment owners no longer have an incentive to rent empty apartments.Original Article: The Tyranny of the 1964 Civil Rights Act
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Boeing’s Problems Are Not Due to Free Markets
On Monday, Boeing CEO Dave Calhoun announced he will step down at the end of the year. The news comes months after a door plug blew out midflight on a Boeing 737 flying from Oregon to California. The incident gained national attention, subjecting the manufacturer to bad press and up to $4.5 billion of economic losses so far.When incidents as serious as this happen, the public is rarely satisfied with the label of “accident.” People want...
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The West Is Losing Interest in Ukrainian Victory
Many signs are now emerging that NATO and the West are slowly withdrawing support from Ukraine in its war with Russia. How much longer can the war continue? Recommended Reading"Intercept of German generals planning Taurus strike on Crimean bridge": Mises.org/WES_19_A"Army aims to double 155mm shell production by October" by Sam Skove Mises.org/WES_19_B"The deception behind America’s support for Ukraine" by Malcom...
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4 MILLONES DE PARADOS REALES. La Cruda REALIDAD del PARO en España, con José Luis Fernández
#paro #yolandadiaz #parados #daniellacalle #españa #pedrosánchez
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Knowing Murray in the Early Years (1971–1972) and Why Rothbard and Rand Would Relish 2024: Beginning Collapse of Statism and Its Realities!
The Murray N. Rothbard Memorial Lecture. Sponsored by Steven and Cassandra Torello.Recorded at the Austrian Economics Research Conference, 22 March 2024, in Auburn, Alabama. Includes an introduction by Joseph T. Salerno and an audience question and answer period.
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Who Really Works Against the Public?
In the early evening of October 8, 1882, one of the richest men in the world was about to eat his supper in his private dining car. The train to which he was attached had just arrived in Chicago from Michigan City, Indiana, but before he could pick up his fork, a brash young reporter, freelancer Clarence Dresser, burst into his car asking for an interview. He wanted to know the railroad’s guidelines for establishing freight rates.“I’ll talk to you...
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