Posts Tagged ‘Austrian School’


January 1, 2014

Mises Institute will broadcast this educational event live, presentations from a number of Austrian economists:


Some readers may be interested in this hit piece about the Honduras initiative to establish special economic zones, with a reply from Michael Strong:

–Michael Strong includes a few great links himself in his reply! I checked some of them and there’s a lot of interesting information.

Strong says there is an NPR program on Honduras about the special economic zone initiative that he says is fair. (See the article and video here) Wonders never cease, since they covered events in 2009 with shows that attempted to justify the attack by most of the rest of the world’s media and governments and social injustice blogs everywhere on Honduras sovereignty, constitution, and freedom:


Check it out, check “mailpile”, have your own mail server…


Good news for liberty, says the Lew Rockwell blog:

Russian saying they should follow American total surveillance example. Uh oh..


Cold weather trapped a ship and stopped an icebreaker’s attempt to rescue it:
..And that’s in the Antarctica summer.. Algoreans are in deep freeze…


Obama the Merciless:


See this 8-page pdf document on the future of higher education. They think it looks good:


There’s going to be trouble, because the dollar is going to crash, and other events are being set up as we speak. But the long term prospects are good for those who love the truth.



Austrian Influence in China: Interview with and the WSJ

October 15, 2012
English: GFDL picture of F.A. Hayek to replace...

English: GFDL picture of F.A. Hayek Released by the Mises Institute. (Photo credit: Wikipedia)

Austrian Influence: China and the WSJ :: The Circle Bastiat

Today’s Wall Street Journal  “Weekend Interview”, “Zhang Weiying: China’s Anti-Keynesian Insurgent” highlights the work of this Chinese economist’s explicit application of work of Hayek and the Austrian School to the criticize and illustrate the ineffectiveness Keynesian based economic policy in China.

It seems Austrian free-market economics is finding interested parties in an unexpected place, China.

It seems they are very much aware that their own Keynesian monetary policy is a failure..

“Leftist” and “Rightist” Are Meaningless, What matters is Less Government Control vs. Less

September 17, 2012

During the 1930s and into the 1940s, the Nazis were often referred to as leftists. That’s right, leftists. What makes sense anyway?

What’s the difference between international socialism and national socialism? None, the only difference being whim of the dictators’ club.

Note that the free market advocates in the Soviet Union were called “liberals”, the same as in the 1930s and 1940s. Go read Ludwig von Mises. He “liberally” refers to “the liberals”. Guess who he’s talking about? Free marketers! This is what is meant by “classical liberal economics”, in fact.

“Left” and “right” mean nothing of consequence today in American political campaigns, especially reporting. Those words were hijacked for different meanings at journalism schools and political science departments of colleges that trained the government-media complex central planning writers of today’s propaganda media. The left/right language is used to Pavlov as many media consumers as possible into associating good things to bad things, confusing them.

The political spectrum that matters is command-and-control “government” on one end, versus total freedom on the other. More government control vs. less government control. Whether you want somebody telling everybody else what they can and cannot do, or whether you prefer the freedom to do whatever you like as long as you respect the rights of others. Respecting others’ rights means you cannot compel them to do anything, or not do anything, and they cannot compel you.

I call this “Golden Rule Government”.

Therefore all things whatsoever ye would that men should do to you, do ye even so to them: for this is the law and the prophets. – Matthew 7:12

July 26, 2012

Raising taxes in January won’t knock off ANYTHING from the budget deficit. Raising taxes by letting the Bush-Congress tax cuts expire at all, especially on the higher brackets, will not help the budget deficit at all, because the net effect will be to reduce tax revenues.

The most direct and lightning-quick effect will be to immediately damp down the stock market, the small businesses will start letting people go that live on narrow margins (supermarkets). There will be less money in banks, fractional reserve banking will shrink it.

This is a major economic catastrophe.

There a reinstatement of the taxes pre-Bush-tax-cut they’ll say as if we had the same economic situation. Obama said in January 2009 that a time of recession is the wrong time to raise taxes, and he was talking about exactly this.

He and his closest confidants and sponsors know, they know, that this will be a big jobs-killer. They know that regulations are job-killers too, which is why they put off their intended regulatory job-killers off to 2013.

Some of the circle of cronies know this, but some are just stuck in Keynesian fantasy-land, where printing money magically creates wealth by kicking off a spending cycle.

But what spending fiat money really does is it takes resources out of the productive economy and makes them serve the political purposes of the spending, the whims of a a government-guaranteed monopoly on currency values. It concentrates on spending at the consumer level instead of the wealth-producing investment level. Creating more wealth creates more production for later consumer spending as an effect, with a lot more supply to spend it on, and a lot more genuine consumer wealth too.

Taxes and central-planning command regulations are jobs-killers. Especially per capita taxes.


The “Business Insider” is a psy-war stealth socialist disinformation propaganda tool

July 1, 2012
Support HR 1207: Audit the Fed!

Support HR 1207: Audit the Fed! (Photo credit: r0b0r0b)

Keynesian Economics

Keynesian Economics (Photo credit: Seabamirum)

The “Business Insiderweb site again shows why it should find some other “business” to get into where they don’t do so much damage.

Keynesian economics and the infiltration of Nanny Government thinking has dumbed down the people that should have known better.

Here is the article that sparked this reaction:

Here is their first “brilliant” point:

“1) Corporate profit margins just hit an all-time high. Companies are making more per dollar of sales than they ever have before. (And some people are still saying that companies are suffering from “too much regulation” and “too many taxes.” Maybe little companies are, but big ones certainly aren’t).

And this is on a web site that calls itself “Business Insider”? Really?Are you kidding me?

They should go take a hint from Ron Paul and get educated in the Austrian school of economics instead of sticking to the now grossly discredited Keynesian failed models.

The “too much regulation” regime and “too many taxes” are EXACTLY factors that make the world safe for the BIGGEST corporations and kill their competition from little upstart businesses. The smaller companies may well operate as businesses more efficiently and do more with less, except Nanny GOVERNMENT caring for us so much with the ivory-tower desk-jockey masters of bureaucratic turf and all the tidal waves of legislation game the system with an advantage for the bigger guys.

Rand, Ron, Lew, and Small Businesses are the Economic Base to Oppose Corporatocracy

June 16, 2012
Image of Lew Rockwell

Image of Lew Rockwell (Photo credit: Wikipedia)

Lew Rockwell has made some good points about Rand Paul‘s endorsement of Romney. Rand is NOT Ron, not at all. We all know that we generally differ from our parents, and if you have grown children during these times, you know that our children differ in many viewpoints from us.

The message of liberty is catching on everywhere, especially among young people and those who bother to examine the analyses of the brilliant economists of the Austrian school.

But even Ron Paul said he didn’t want a bandwagon effect, he wanted people to join the cause that really understood the philosophy, the principles. Otherwise you have a crowd that will lay palm leaves at your feet one day, and a few weeks later will cry “Crucify him!”

As best he could, Ron has prepared as many people as he could for the coming dollar crash. When we warn the unwary and gullible that government freebie programs are headed for disaster, the Aristocrats accuse us of wanting to destroy these programs. They are trying to poison the soil for what they know is the coming catastrophe. Some of them do know they are not only destroying those freebie programs, they know they are destroying the free market and prosperity. The economic base of any opposition is the target.

The economic base of the opposition to Aristocrat Control Freaks is not big corporations, but the middle class and small businesses, and many medium-size businesses.

When the hurt comes with the dollar crash, the Aristocrats will of course come riding hard with a rescue plan, complete with a loyal opposition that pretends to claim that it will be a disaster for the rich, just like they did with the Federal Reserve Act, when they had the richest bankers go around protesting it in the darkest terms, just months after they had promoted another proposal that was virtually identical.

But now instead of The Crash, upper-case capitalized, sending hordes of college-bred lockstep-fed youth rushing to man the barricades for a totalitarian “people’s revolution” [barf], many of them will instead be demanding freedom. People from literally ALL backgrounds have discovered the liberating effect of Golden Rule Government.

The “solution” offered to us may be anything. Personally they may be expecting a civil war. They accuse dissidents of it enough, the “fringe”.

But education marches on. Despite their generations of dumbing us down en masse with free government indoctrination centers for the children (us), we are not totally stupid. I think it was Rockwell who quoted von Mises as saying that totalitarian regimes eventually lose. Human nature eats them from the inside like a canker, brings corruption, and at the very worst, loosens its grip when the most brutal “great divine leader” dies.

Ron Paul has done a good job, and he will keep doing it.

But the giant has been awakened. The “We the People” was hypnotized into a stupor and has been pricked awake.

The seeds of the world-wide upsets against the World Beast Government have been sewn. The Beast will rule a regime that claims global power, and over time will quash opposition from saints and sinners, but in the end he is defeated by divine intervention and in human battle.

“He shall come to his end, and none shall help him”

Now here’s a 30-day plan that inspires!

June 16, 2012
Image of Lew Rockwell

Image of Lew Rockwell (Photo credit: Wikipedia)

Take a look at this list! How many great ideas can you cram into just one web page?!

Rockwell’s Thirty-Day Plan by Llewellyn H. Rockwell, Jr.:

Where do they find money for “studies” like this?

January 23, 2012
Scope of Government (liberal spectrum). For di...

Image via Wikipedia

Quarterly Journal of Austrian Economics
Image via Wikipedia

I posted a few days ago on this liberal/conservative/brain study and after reading another blog post elsewhere on the subject of the study I had a couple of comments.

Always these “scientific” studies trying to find how to “fix” people who the researchers don’t agree with.

Ludwig von Mises

Ludwig von Mises (via wikipedia)

This “liberal/conservative” so-called “spectrum” is itself detached from consistency anyway. In the 1960s, so-called “liberals” opposed all manner of police state actions like surveillance, property seizure without warrant, national ID and the like, whereas now in 2012 these are things the current “liberal” administration push and their “liberal” friends cheer.

Plus how did this word “liberal” get so messed up? In the days of von Mises, Austrian school economist, “liberal” meant free market and freedom from government intrusion. Now it’s a “liberal” who never gets enough.

The real spectrum should be between those who want complete freedom from government (libertarians) and those who want the government to save us from everything and control everything. Socialism and fascism are twins.

You don’t understand economics until you join the Austrian School

October 21, 2011

Nobody understands economics until they join the Austrian school. Nothing else makes sense in the real world, and it’s the only economic philosophy that has been proven true time after time after time.

Facts don’t matter to demagogues and government-worshippers, so the backwards lie about the 1800s is repeated. Phooey.

After the Control Freaks Incorporated played havoc as much as they could during the 1800s, and Congress surrendered national sovereignty in 1913 to Karl Marx’s idea of a Central Bank, the Fed only nationalized bank panics, Roosevelt nationalized the problem worse, and the result has been depressions and recessions and now the looming dollar crash, as predicted by Austrians.

The problem for people is wrapping their heads around the fact that Government can not do one thing to help the economy, it can only hurt. Saying that would really choke up politicians who are used to promising things, and the audiences that want to know what you’re going to do to make things better.

Krugman would have you roll out the Weimar Republic printing presses.