Category Archive: 6b) Austrian Economics

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The road to Serfdom: are we on the final stretch?

2024-08-03

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2024-08-03

Share this article An attempt at an analysis from the perspective of a free Swiss individual What you’re about to read is the abridged and condensed English translation of a speech I gave in Munich in November 2023. You can find the full speech, in German with English subtitles, here. It tackles the very difficult, but also very crucial, subject of individual freedom, or what is left of it these days, and it seeks to offer a constructive...

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Closing Remarks and Awards Ceremony

2024-08-03

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2024-08-03

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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Debamboozling 101: How Court Historians Turn Political Villains into Heroes

2024-08-03

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2024-08-03

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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A new war threatens Bosnia and Herzegovina

2024-08-03

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2024-08-03

While the attention of the world public is focused on the wars in Ukraine and Palestine, another region of the world is showing signs of instability. It is the Balkan region. Specifically, two strategic areas of the Balkans, which have not been permanently stabilized even after the wars of the nineties. These are Bosnia and Kosovo. However, while in Kosovo tensions are constant and limited without the possibility of a major conflict, in Bosnia and...

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Colonialism, Self-Determination, and Secession

2024-08-03

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2024-08-03

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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Hayekian liberty and the predatory state

2024-08-03

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2024-08-03

In the “Constitution of Liberty” Friedrich Hayek highlights the malleability of the word “liberty,” explaining that “in totalitarian states liberty has been suppressed in the name of liberty.” Deployed in that way, the concept of liberty could mean anything, including its very opposite: coercion. Hayek writes:“There is no limit to the sophisms by which the attractions of the word ‘liberty’ can be used to support measures which destroy individual...

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Protecting infant industries doesn’t help the economy

2024-08-03

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2024-08-03

In many developing countries, protectionism is on the rise. It promises hope that a country can build their economy from the ground up and grow into a developed economy. A common obstacle to that goal is a poor understanding of economics which often hinders the country as politicians create roadblocks on the path toward prosperity. Protectionists in developing countries often argue that their economies are not resilient enough to compete in global...

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A Tale of Four Cities

2024-08-03

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2024-08-03

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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Quien Ganará las Elecciones Americanas, con Antonio Camuñas

2024-08-02

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Link del programa completo - &t=1433s 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! #biden #bidenvstrump #eleccionesusa #trump

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The Great Ron Paul at Mises University

2024-08-02

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2024-08-02

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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Economic Inequality

2024-08-02

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2024-08-02

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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Kamala Harris, DEI Hire

2024-08-02

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2024-08-02

DEI stands for “Diversity, Equity, Inclusion.” This is the view that members of certain “oppressed” groups, like racial minorities and women, should get preferential treatment. In blunt language, we should give jobs to incompetent people. Kamala Harris is a perfect example of a DEI hire. She is an incompetent black woman. Mark Thiessen does a good job of explaining why she is incompetent; “Harris is undeniably vulnerable. She ran a catastrophic...

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Environmental Economics

2024-08-02

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2024-08-02

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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Firms, Managers, and Entrepreneurship

2024-08-02

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2024-08-02

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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Why Interest Rates and Inflation Are Here to Stay | William White

2024-08-02

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As the US and its Western allies realign supply chains to strengthen economic resiliency, the cost of certain goods and commodities will go up. I call this “resiliency-driven inflation.” I received a note from renowned economist Bill White about this, which prompted our interview. Bill is a former chairman of the Economic and Development Review Committee at the OECD. He has served at the Bank of Canada and Bank of England, and he is a long-time...

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Rachel Maddow’s hunt for imaginary fascists

2024-08-02

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2024-08-02

“Prequel: An American Fight Against Fascism”by Rachel Maddow,Crown, 2023; xxx + 392 pp.After the onset of World War II in September 1939, a struggle arose between those who wanted America to remain neutral and those who favored aid to Britain and France and, after the German invasion of the Soviet Union on June 22, 1941, aid to that country as well. Until the Japanese attack on Pearl Harbor, Dec. 7, 1941, the overwhelming majority of the American...

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Commencement Address

2024-08-02

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2024-08-02

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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Bidenomics: New employment numbers say recession is here

2024-08-02

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2024-08-02

According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added 114,000 jobs (according to the establishment survey) during July. This was a lackluster number that came in below expectations, and it wasn’t enough to prevent a surge in the unemployment rate up to 4.3 percent. Moreover, the “underemployment” rate, the “U-6” unemployment rate, jumped substantially from 7.4 percent to 7.8 percent....

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The Chevron decision may also apply to federal land policies in the West

2024-08-02

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2024-08-02

By now most who watch such things are familiar with the opinion issued by the Supreme Court in the case Loper Bright Enterprises et al. v. Raimondo, Secretary of Commerce, et al. on June 28, 2024. Loper overturned an opinion issued by the court in 1984 titled Chevron U.S.A. Inc. v. Natural Resources Defense Council, Inc.The Chevron “precedent” required federal courts to defer to federal agency interpretations of law when the law at issue was...

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An open letter to Jordan Peterson

2024-08-02

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2024-08-02

I am a great admirer of your work and thank you for the tremendous job you are doing in raising the level of public discourse and, importantly, combating the cultural Marxist nonsense emanating from academe. Your exposition of the hypertruth of ancient religious narratives has had a transformative effect on my thinking, and through it you have, in my opinion, single-handedly shifted the broad societal debate on religion from the mundane,...

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