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Self-Determination, Imperialism, and Secession
This article is adapted from a lecture presented on August 3, 2024 at Mises University 2024 in Auburn, Alabama. The full name of this talk is “Self-Determination, Imperialism, and Secession: 3 Sides of the Same Coin.” So, I abuse the metaphor a bit, be we might also say that self-determination and secession—and self-determination’s opposite, imperialism—are three ways of looking at the same object.The defense of self-determination is...
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The myth of fair trade
Fair trade is an increasingly politically popular idea, and opponents of the free market see it as a moral way to fix market abuse. Proponents of fair trade argue that free trade favors developed countries or bigger corporations and that steps should be taken to correct the balance of power to ensure equitable outcomes. However, fair trade fails to work because of misplaced grievances toward the free market.The idea of fair trade rejects the free...
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UBI – Tried, Tested And Failed As Expected
A Universal Basic Income (UBI) sounds great in theory. According to a previous study by the Roosevelt Institute, it could permanently increase the U.S. economy by trillions of dollars. While such socialistic policies sound great in theory, history, and data, they aren’t the economic saviors they are touted to be.
What Is A Universal Basic Income (UBI)
To understand why the theory of universal basic income (UBI) is heavily flawed, we need to...
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Inheritance tax idea has low public support, survey finds
Members of the Swiss Young Socialists party (JUSO) handing in the signatures for their initiative in Bern, February 8, 2024.
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How ‘nearshoring’ is driving Swiss companies to move to Mexico
Mexico is an ideal location both geographically and economically. New registrations from Swiss companies are currently the order of the day.
Credit: Matt Gush / Alamy Stock Photo
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Explainer: how stock market plunges impact Switzerland
Could stock market jitters be a symptom of deeper problems?
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Swiss rider Steve Guerdat wins silver in Paris
Only one trio out of 30 finalists completed the course—a testament to the challenging task that demanded the utmost from horse and rider, overtaxing some of the duos.
Copyright 2024 The Associated Press. All Rights Reserved
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Yen Carry Trade Blows Up Sparking Global Sell-Off
On Monday morning, investors woke up to plunging stock markets as the “Yen Carry Trade” blew up. While media headlines suggested the sell-off was due to fears of a recession, slowing employment growth, or fears over Israel and Iran, such is not the case.
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UBP acquires Société Générale’s Swiss private banking business
UBP acquires Société Générale's Swiss private banking business
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Stock markets likely to continue downward trend
The stock markets are likely to continue their downward trend
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The road to Serfdom: are we on the final stretch?
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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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Kamala Harris, DEI Hire
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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The Sahm Rule, Employment, And Recession Indicators
Economist Claudia Sahm developed the “Sahm Rule,” which states that the economy is in recession when the unemployment rate’s three-month average is a half percentage point above its 12-month low. As shown, the latest employment report has triggered that indicator.
So, does this mean a recession is imminent? Maybe. However, we can now add this indicator to the long list of other recessionary indicators, also flashing warning signs.
As...
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Fonds im Fokus: DJE-Gründer Dr. Jens Ehrhardt über den DJE – Zins Global
Ein freundlicher Aktienmarkt und ein attraktiver Rentenmarkt – diese Rahmenbedingungen bestimmen das 50-jährige DJE-Jubiläum.
Im Gespräch mit Mario Künzel, Referent Investmentstrategie, reflektiert DJE-Gründer Dr. Jens Ehrhardt die Lage des Rentenfonds DJE – Zins Global. Der Fonds nimmt Privatanlegern die Anleihenauswahl ab und diversifiziert effizient in unterschiedliche Laufzeiten, sichere Staatsanleihen und hochverzinsliche...
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Deconstructing Mileinomics
Javier Milei, economist and president of Argentina, is a complicated character whose background and views have deserved heated discussion. This article will look briefly at Milei as an Austrian economist — the question of his libertarianism was settled elsewhere. One further point before starting: This is an article about economic thought. An assessment of his policies will be touched only shortly in the closing remarks and hopefully in another...
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Fonds im Fokus: Dr. Jan Ehrhardt über den DJE – Zins & Dividende
Als ausgewogener #Mischfonds investiert der DJE - Zins & Dividende in #Anleihen und #Aktien (fast) gleichermaßen. Durch die Zinswende haben sich vor allem auf der Rentenseite Chancen eröffnet: Lag die durchschnittliche Verzinsung der Anleihen vor rund einem Jahr noch bei ca. zwei Prozent, sind es jetzt knapp fünf. Fondsmanager Dr. Jan Ehrhardt sieht die beste Situation für Anleihen seit Auflage des Fonds Ende 2010 und erläutert sein...
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Revolutionary violence and the Left
Democracy is not the best political system, and its defects have been amply exposed in Hans-Hermann-Hoppe’s great book, Democracy: The God That Failed. But we do live in a democracy, for better or worse, and in this system, the winner of an election is entitled to take power. The Left doesn’t accept this. If they oppose a candidate, they will subject him to venomous hatred and suggest that it would be a good thing if he was killed. We saw this is...
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The Bull Market – Could It Just Be Getting Started?
We noted last Friday that over the previous few years, a handful of “Mega-Capitalization” (mega-market capitalization) stocks have dominated market returns and driven the bull market. In that article, we questioned whether the dominance of just a handful of stocks can continue to drive the bull market. Furthermore, the breadth of the bull market rally has remained a vital concern of the bulls.
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The 1866 civil rights revolution
The phrase “equality of opportunity” is expressed by the Civil Rights Act of 1964 as a nondiscrimination principle. There has been much debate on whether the nondiscrimination principle is a formal right to equality before the law, reflecting the principle that everyone has a right not to be discriminated against, or whether it is a substantive right vested in specified groups (e.g., blacks or women) to give them special legal protection that...
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Die Börse rätselt jetzt: DJE-plusNews Juli 2024 mit Mario Künzel
Marketing-Anzeige #börse #mieten #inflation
Bisher haben die Weltbörsen in diesem Jahr hauptsächlich die Politik der amerikanischen Zentralbank und die wirtschaftliche Entwicklung in den USA im Blick gehabt. In letzter Zeit war es jedoch schwierig, sich zu orientieren, da die amerikanische Notenbank immer wieder betonte, dass ihre Politik datenorientiert sei. Tatsächlich waren die Konjunkturdaten in den USA jedoch sehr gemischt, was eine klare...
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