Why Economics Matters

A private seminar for high school students. Recorded at the Mises Institute on 21 February 2012.

Download the complete audio of this event (ZIP) here.

Dan Sanchez
Private property is the only foundational institution that society needs to build a civilization. The 99% had rotten lives until there was a revolution in ideas in the 1700s. Laissez-faire ideas changed the ideas of the 99%. The industrial revolution flowered.
Mises Institute
Some responses to questions included: Trends in economics are dangerously negative. Keynesians are more unrealistic than ever. Mises says you only have two choices in coordinating resources: socialism or capitalism. Prohibition of drugs leads to violence and death.