Slobodian’s Bastard Caricatures: Smearing Austrian Economics
[Slobodian, Quinn. Hayek’s Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. Brooklyn, New York: Zone Books, 2025. 279pp. $29.95.]
What Would Happen if Spain Had an Open Border with Morocco
Problems of Causation in Race and Discrimination
Economists who worry about wealth disparities between racial groups are preoccupied with addressing the causes of racial inequality. They all have different theories and explanations about the causes of racial wealth gaps, but the prevailing assumption is that some form of unfairness must be driving it.
The US is spending billions to prop up the Japanese yen.
The background: Japan is selling U.S. bonds and that’s not great for the U.S. because it lowers bond prices and raises yields. In other words: higher interest rates for you and me.
Javier Milei expands Argentina’s surveillance state
Like his friend Trump, Milei supports stronger spy agencies, granting them more power to spy domestically and expanding state secrecy.
What Would Happen if Spain Had an Open Border with Morocco
Last week, more than 50,000 people illegally entered the Spanish exclave city of Ceuta, which normally has a population of only 80,000. Ceuta is located on the north African coast and shares a border with Morocco, an Arabic-speaking country with a population of 36 million. Many migrants pushed through the border barriers, with thousands more swimming short distances to bypass land-based barriers. Ceuta—like Spain’s other exclave city, Melilla—has long faced significant challenges over maintaining the integrity of its borders with the surrounding Moroccan territory.
Dr. Mark Thornton on Debt, Gold, and the Global Economy - Miles Franklin Media
Monetary Savings Versus Real Savings
In the National Income and Product Accounts (NIPA), disposable income is defined as the summation of all personal money income minus tax payments to the government. Personal income includes wages and salaries, transfer payments, income from interest and dividends, and rental income. Once we deduct personal monetary outlays from disposable money income, we get the personal savings.
Federal Farm Interventions: Harmful as Usual
US farms and ranches face rising debt in 2026. New York based Kroll Bond Rating Agency (KBRA) released an article on February 25, 2026, entitled, “Farm Debt on the Rise as Federal Aid Counters Rising Expenses” The article described this federal government intervention from the Austrian economics viewpoint encouraged rising farm debt from federal aid.
