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Börsen-Ticker: SMI schliesst im Minus – Nestle-Aktien tiefer – Nervosität an der Wall Street – Geopolitik belastet

Die asiatischen Börsen können sich am Dienstag auf keine gemeinsame Richtung einigen. Die Anleger warteten gespannt auf die Ernennung des Kabinetts des designierten US-Präsidenten Donald Trump und die Auswirkungen seiner Politik auf die Lockerungspolitik der US-Notenbank Fed. Die Börse in Shanghai verlor 0,4 Prozent auf 3311,01 Stellen. Der Index der wichtigsten Unternehmen in Shanghai und Shenzhen fiel um 0,4 Prozent auf 3933,59 Punkte. In Tokio gewann der 225 Werte umfassende Nikkei-Index...

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The Relevance of the Natural Sciences Methods in Economics

Popular understandings of economics often attempt to incorporate the methodology of natural sciences as the supposed key to economics. Some economic experts are of the view that the methods employed by the natural sciences, such as advanced mathematics, are important tools for the assessments of historical data to establish the state of an economy. It is also believed that the knowledge secured from the assessment of the empirical data is likely to be tentative since...

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Is America Turning Fascist?

On October 25, ABC News published the results of a survey of 2,392 registered voters where 44 percent of the respondents said that Donald Trump is a fascist, while 23 percent said that Kamala Harris is a fascist. There was even a 5 percent overlap between the two groups—respondents who characterized both Trump and Harris as fascists. Only 32 percent of the respondents thought that neither candidate is a fascist. Is America really in danger of turning fascist?The...

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Yes, Senator Cruz, Elon Musk should read Mises’s Bureaucracy

On his podcast “Verdict” November 13, Ted Cruz mentioned one of my favorite books by Ludwig von Mises: Bureaucracy. He mentioned it in reference to the “Department of Government Efficiency” that was also announced by President-elect Donald Trump on the same day. Cruz brings up a crucial point to the conversation surrounding this plan, pointing at Mises for getting it right. The idea lingers that this Department will make government efficient; that is why you need two...

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Fragile and Consolidative Tone Starts the Week in FX

Overview: The US dollar has begun the new week consolidating in a mixed fashion against the G10 currencies. Bank of Japan Governor Ueda remains circumspect and did not provide guidance about next month's central bank meeting. Without positive guidance, the market sold the yen, but the swaps market shows about 13 bp of tightening has been discounted, up a couple of basis points from a week ago. Leave aside the New Zealand dollar, which is also under pressure ahead of...

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