Austrian Economic Blogs
Adam Smith Institute
-
We can’t afford social care already so let’s promise ourselves more
From The Guardian, an example of quite gloriously missing the point:As the characters and plot of Care show, quality care and support costs huge sums, and local authorities have never been under such a relentless onslaught, with budgets ravaged and social care suffering horrifically. As a result family members are forced to care for older relatives full time, putting on hold their own children, jobs and lives.More and more people are forced to...
Read more » -
Fuel poverty, proof of how much richer we are
-
Testing recreational drugs for purity saves lives so let’s legalise them
-
Lights out for Chavismo
-
The Generation Game of tax thee but not tax me
-
Without double standards they’d not have any
-
Not replacing Politics by Economics, but inserting the real world into it
LewRockwell
-
Emmanuel Macron’s Free Fall
In an article published eighteen months ago I wrote what became its title, “Nomenklaturocracy’s agony: the project “Emmanuel Macron,” international Nomenklatura’s last chance to delay the inevitable demise of the heavily discredited and mortally wounded EU idea.” Today the time came to announce briefly what the title above says in many words: Emmanuel Macron is in free fall! During weeks of street protests by a spontaneous movement labeled...
Read more » -
Acceptable Racism
-
The Brewing Storm
-
A Crisis in the Making
-
George H. W. Bush Met With the Bin Laden Family
-
The Conflicting Forces of Modernism
-
The Cost of a Time Machine
Cato Liberty
-
Martin Feldstein vs./ Fed Chairman Powell and Irving Fisher
In a November 27 Wall Street Journal article, “Raise Rates Today to Fight a Recession Tomorrow,” Martin Feldstein reminded us he has been repeatedly cheerleading since 2013 for the Fed to raise interest rates faster and higher “to prevent the overvaluation of assets” whose prices “will collapse when long-term interest rates rise.” I critiqued one of Feldstein’s similar articles in 2017. November 27 was an odd time to be fretting about...
Read more » -
Democrats Only Chance to Help Dreamers under Trump Is Now—So Why Aren’t They Doing Anything?
-
Farm Bill: 800 Pages from an 800-Pound Lobby
-
Poll: 74% of Americans Support Federal Paid Leave Program When Costs Not Mentioned—60% Oppose if They Got Smaller Pay Raises in the Future
-
Being Green by Ending Subsidies
-
The 1990 Bush “Tax Increase” Reduced Taxes
-
The Politics of Protecting Hate Speech
Mauldin Letter
-
European Threats
Someone asked recently how many times I had “crossed the pond” to Europe. I really don’t know. Certainly dozens of times. It’s been several times a year for as long as I remember. That makes me an extremely unusual American. Most of us never visit Europe, except maybe for a rare dream vacation. And that’s okay because our own country is wonderful and has a lifetime of sights to see. But it does affect our perspective on the world. Many...
Read more » -
Pyramids of Crisis
-
Double Debt Problem
-
Double Debt Problem
-
Seventh-Inning Debt Stretch
-
Seventh-Inning Debt Stretch
-
Economic Brake Lights
Max Keiser
-
EU Recession Imminent – Euro Disunion as Brexit, Italy and End of QE Loom
By John Mauldin Someone asked recently how many times I had “crossed the pond” to Europe. I really don’t know. Certainly dozens of times. It’s been several times a year for as long as I remember. Graphic: European Central Bank That makes me an extremely unusual American. Most of us never visit Europe, except maybe for a rare dream vacation. And that’s okay because our own country is wonderful and has a lifetime of sights to see. But it does...
Read more » -
The Conflicting Forces of Modernism: Kafka and Kierkegaard
-
Gold and Silver Gained 2% and 3% Last Week While Stocks Dropped Nearly 5%
-
[KR1316] Keiser Report: Hold On To Your Private Keys
-
The Everything Bubble Has Popped
-
Irish Central Bank Refuses To Discuss If Gold Reserves Are In Bank of England Vaults
-
“Fake Markets” To Lead to Global Financial Crisis? – Goldnomics Podcast
EconLog Library
-
Bitcoin is not a bubble
Over the past few years, I’ve noticed that people tend to predict that Bitcoin is a bubble, and then later suggest that a subsequent price drop shows that it was a bubble. Thus lots of pundits said Bitcoin was a bubble when its price was at $30. Then when it was at $300, even more suggested that it was a bubble. Each time the price plunges they say “I told you so.” Now the price of Bitcoin is over $3300, and even more people are saying it was...
Read more » -
A Conservative Confession
-
Brits Could Have a Brexit Cake and Eat It Too
-
What should be regarded as property?
-
David Warsh on Selling Expenses versus Invisible Hand
-
John Stossel Returns to His Roots
-
Site Not Configured | 404 Not Found
Cafe Hayek
-
Quotation of the Day…
… is from page 37 of my colleague Tyler Cowen’s 2018 book, Stubborn Attachments: Although recent media coverage has focused almost exclusively on within-nation magnitudes, recent world history has been an extraordinarily egalitarian time. It is above all else a story about how global economic growth helps the poor. DBx: Without a doubt. The greater the numbers of people with whom we each trade, the wealthier is each of us. Anyone who lives on...
Read more » -
Protectionism and Jobs
-
Some Links
-
Free Traders Endorse a Policy of Unilateral Free Trade
-
Quotation of the Day…
-
Yet More on the Centrality of Consumer Sovereignty
-
More on the Sharing Economy
Robert Murphy
-
I Feel Like I’m Taking Crazy Pills
Do any of you notice that my blog looks different? Specifically, does it seem that a lot of the borders have disappeared? (Maybe I’ve been hacked by Bryan Caplan?) My web guy recently did an upgrade, and so I thought that was it. But when I go to the Wayback Machine to try to show him what (I thought) it looked like before, it is also Open Borders Blog. Any thoughts?
Read more » -
Murphy Twin Spin on Economics of Climate Change
-
BMS Ep. 7: Godel Made Easy
-
Murphy Twin Spin
-
BMS Ep. 6: Steve Landsburg on Learning Economics From Friedman and Stigler
-
You’re Gonna Have to Serve Somebody
-
Why Is the Stock Market So Shaky?
Bleeding Hearths Libertarians
-
Neither retaliation nor restraint
In the New York Times I make the case that rebuilding democratic norms in the face of Republican attacks on them can’t be done either by trying to lead by good example or by a spiral of escalation. It will take a partisan and political effort– which also happens to be in Democrats’ interest for the next two years. Published on: December 11, 2018Author: Jacob T. Levy
Read more » -
Ari Armstrong’s *What’s Wrong with Objectivist Ethics*
-
*When All Else Fails* Is Out!
-
The Purpose of Political Philosophy Is to Rationalize Evil
-
When Non-Violence Isn’t Enough at Reason
-
Javier Hidalgo’s Unjust Borders: How to Respond to Wrongful Border Policy
-
Some Links
Mises Institute USA
-
Tax Competition: A Practical Way to a Low-Tax World
This article is based on a speech delivered at the European Students for Liberty Regional Conference in Reykjavik, Iceland, held on September 22, 2018. That “taxation is theft” is often the default position libertarians take when it comes to tax policy. Why? Because a “tax is a coerced contribution to state and federal revenues,” and ...
Read more » -
The Deep State Wants Your Guns
-
The Definition of Economic Progress
-
The State Is Influencing Big Tech’s “Unpersoning,” Imagine If It Takes Over Healthcare
-
How Government Bureaucrats and the New York Times Are Misleading the Public About Climate Change
-
Europe Struggles as the ECB Pretends to Know What It’s Doing
-
Fed Report Says Millennials Are Poorer than Other Generations — But Fed Policies Made It Happen
Mises institute Canada
-
Ludwig von Mises: Remembering a Fountainhead of Modern Libertarianism
Reprinted from Mises.org September 29 marks the birth of Ludwig von Mises, who Guido Hulsmann’s biography, Mises: The Last Knight of Liberalism, argued was the 20th century’s foremost economist. Mario Rizzo credits him with “probably the most important single economic idea of the last century: rational economic calculation is impossible under socialism, and attempts to put such a system in place will only impoverish the citizenry.” Brian...
Read more » -
Luxuries into Necessities
-
What to Do Until Privatization Comes?
-
The Eight Marks of Fascist Policy
-
Lack of Police Accountability Shows the “Social Contract” Isn’t Working
-
Debt and War
-
The Living Reality of Military-Economic Fascism
David Stockman’s Contra Corner
-
The World’s Biggest Hedge Fund—the Swiss Central Bank—Is Getting Whacked, And Why Moneyness Matters
This was a departure, but for a while a brilliant one. The SNB loaded up on Big Tech like Apple, Amazon and Microsoft, and rode them to massive profits, which enriched both the Swiss people and the SNB’s stockholders (in another departure, it’s a publicly traded company as well as a central bank). But live by the sword, die by the sword. Turning your central bank into the world’s biggest hedge fund means outsized profits in good times, but...
Read more » -
The Statist Roots Of The Donald’s Border Wars: Part 2, Debunking Anti-Immigrant Demogoguery
-
Mueller’s Investigation is Missing Just One Thing—-A Crime!
-
Top 10 Reasons Why A Bear Market Is At Hand
-
No Wall In Your X-Mas Stocking, Donald!
-
Beware Of Washington’s Sanctions Strike Force—-The Entire Planet Is Its Remit
-
Mind The Bear—–50% Of S&P Stocks Are Already There
Peter Schiff
-
Peter Schiff: Popping Bubbles Will Have Dire Political and Economic Consequences
Peter Schiff appeared on Friday to talk about the big stock market selloff in the wake of the arrest of Meng Wanzhou, a Chinese businessman accused of violating US sanction laws. The markets reacted negatively, fearing the arrest could derail apparent progress in the trade war.Peter said Wanzhou’s arrest may have provided the catalyst sparked the sell-off, but it wasn’t the underlying cause.This is a bear market. That’s why the market went...
Read more » -
Americans Pile on More Debt; Outstanding Consumer Credit Approaching $4 Trillion
-
What Do These Jobs Numbers Really Tell Us Anyway?
-
Poll Reveals Foreign Currency Traders Have Gone Bearish on the Dollar
-
Fun on Friday: Kylie Jenner Gets Trounced in Christmas Tree Smackdown
-
Trade War Tomfoolery: SchiffGold Friday Gold Wrap 12.07.18
-
Gold Flows into ETFs for Second Straight Month; Global Holdings Up on the Year
Zerohedge
-
Hack Of 500 Million Marriott Guests Traced To Chinese Intelligence Services
First it was the North Korean hackers that were accused of somehow hacking into Sony's unbreakable firewall. Then, for a period of almost three years, not a single computer, voting booth, or nuclear power plant appeared to be safe from the Russian hacking scourge, which according to much of the US press, singlehandedly won the election for Trump. Well, step aside Russians and make room for the Chinese hacker army, because according to the NYT...
Read more » -
Catastrophic Power Outage Poses “Profound Threat” To US, New Government Report Finds
-
Canadian Personal Bankruptcies Are Surging At Breakneck Speeds
-
Three Clinton Foundation Whistleblowers To Testify About Tax Crimes, Pay-For-Play
-
Behold Chaos: Two Months Of Market Headlines
-
Polio-Like Disease Spreads; Record Number Of Cases Reported As Children Suffer Paralysis
-
The Deep State Wants Your Guns
Wolf Street
-
China Auto Sales Plunge, Face First Annual Decline in 30 Years
Industry panics, overcapacity spreads, but government brushes off the wailing and gnashing of teeth, looks to EVs. New-vehicle sales in China plunged 13.9% in November, compared to a year ago, to 2.55 million units, the China Association of Automobile Manufacturers (CAAM) announced today. This was the fifth month in a row of year-over-year drops, and the steepest year-over-year drop since January 2012, which had been caused by the timing of...
Read more » -
“Severe Collapse” of Home Prices Might Trigger a “Financial-Institution Crisis” in Australia: OECD Frets about the Banks
-
THE WOLF STREET REPORT
-
The Wild East: Airlines in South & Southeast Asia
-
Ugly Week for Stocks: Bad Sign that Even the WSJ’s Mega-Effort to Reflate them Fizzled
-
Fed’s QE Unwind Reaches $374 Billion
-
It’s Happening: San Francisco House & Condo Prices Fall
Thomas Woods
-
Ep. 1301 Transgender Ideologues Try to Silence Feminist
Download Audio
Read more » -
Ep. 1300 Trump Report Card, Public Speaking Tips, and More
-
Ep. 1299 Reagan Admin’s David Stockman on George H.W. Bush, Trump’s Prospects, and the Fed
-
Ep. 1298 George H.W. Bush: His Presidency Assessed
-
Ep. 1297 Marxism and Other Weirdness in English Departments
-
Ep. 1296 Tattoos and the State
-
Ep. 1295 If You Criticize Trump, You Must Love Obama!
Carpe Diem
-
Monday evening links – Publications – AEI
AEI Monday evening links 1. Energy Fact of the Day. From the American Petroleum Institute: The U.S. Energy Information Administration reports that two-thirds of households that buy EVs have annual income in excess of $100,000, nearly twice the nationwide average (see chart above). The result is the tax credit becomes a subsidy for the rich. Households in this income bracket also are more likely to have multiple vehicles, so the EV serves a...
Read more » -
Charles Krauthammer on the enduring miracle of the American Constitution – Publications – AEI
-
Quotation of the day on imports as a key ingredient of economic prosperity…. – Publications – AEI
-
The best sentence I heard today…. – Publications – AEI
-
The declining female share of computer science degrees from 28% to 18% – a failed effort in social engineering? – Publications – AEI
-
‘Trump v. General Motors’….. – Publications – AEI
-
Quotation of the day on the uprising against eco-elitism …. – Publications – AEI
Bawerk
-
Necessity is the Mother of Invention – Retirees Desperate Reach for Yield
Ben Bernanke’s creativity inspired a generation of economists and central bankers. QE, ZIRP and NIRP established a new class of economics that is mathematically sound but practically disastrous. Billions of dollars were transferred from savers to investors to boost the economy, but the wizards of quant forgot that something has to give. In this case, it was the formation of a pension crisis that threatens the golden years of millions of...
Read more » -
Chinese Philosopher Kings, Losing their Yuan FX Religion?
-
How to Invest in the New World Order
-
Toward A New World Order, part III
-
Toward a New World Order, part II
-
Toward a New World Order?
-
“Subtle forward guidance”: The marriage between best practice central banking and commodity markets
Keith Weiner
-
The Prodigal Parent, Report 9 Dec 2018
The Baby Boom generation may be the first generation to leave less to their children than they inherited. Or to leave nothing at all. We hear lots—often from Baby Boomers—about the propensities of their children’s generation. The millennials don’t have good jobs, don’t save, don’t buy houses in the same proportions as their parents, etc. We have no doubt that attitudes have changed. That the millennials’ financial decision-making process is...
Read more » -
Inflation, Report 2 Dec 2018
-
A Golden Renaissance, Report 25 Nov 2018
-
The Ultimate Stablecoin, Report 18 Nov 2018
-
The Failure of a Gold Refinery, Report 12 Nov 2018
-
Wizard’s First Rule, Report 4 Nov 2018
-
What Can Kill a Useless Currency, Report 28 Oct 2018
Coordination Problem
-
Come Work With Us at Ball State
We have two tenure-track openings at Ball State and we'd love to hire two people with fields in health econ and I-O/Law and Economics. You'll join a department with a long-standing commitment to teaching and research that appreciates the power of markets and that is inclusive of work from Austrian economics, public choice, and other traditions in political economy. And you'll have the opportunity to work with not just 7 or 8 colleagues engaged...
Read more » -
Wirth Institute 2018 Conference on the Austrian School of Economics
-
All Things Marx and Socialism at Liberty Fund
-
Talking About the Hayek Book
-
2018 SDAE Annual Dinner & Awards Details
-
2018 SDAE Annual Dinner & Awards Details
-
Coming to a Library Near You
Mercatus Center
-
The Din of Healthcare: Meditations and Medications
This is the fourth installment in a five-part series on the fallacies and gaps in America’s healthcare debate. Healthcare is the most literary field of economics. No matter how abstract the issue at hand, healthcare debates touch raw nerves of desire, suffering, and empathy. Mundane budgetary issues fling out agonizing philosophical conundrums, irresolvable ethical conflicts, and intimate personal dramas. This literary quality led me out of...
Read more » -
Is the Fed Holding Down Growth?
-
Indianapolis Dodged the Amazon HQ2 Iceberg
-
How Meng Wanzhou’s Arrest Might Backfire
-
Hypocrisy Is Baked into the Policy Process
-
Brexit: A Test for Humanity
-
Is the Economy Hesitating, or Just Refreshing?
