Austrian Economics Overview

Instead of each person doing all of the work creating what he needs and wants, dividing the labor amongst all of us into specialties is clearly superior by increasing the productivity of labor.

Austrian economists differ from mainstream economists mainly in this way: they do not rely on mathematical models, but on understanding what causes success or failure in the real world. Opportunity costs determine the choices people make.

Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 8 October 2010.

Recorded at FreedomFest, 10 July 2010. Includes an introduction by Douglas E. French.

Includes remarks and presentations by Douglas French, Joseph Salerno, Jörg Guido Hülsmann, and Dario Fernandez.

Showing that Milton Friedman’s criticism of Austrian apriorism and his criticism of the Austrian rejection of unrealistic economic models are roote

Featuring Block, DiLorenzo, Klein, Thornton, Terrell, Woods, and Murphy. Recorded at Mises University 2010.

Featuring Garrison, Hülsmann, Long, Herbener, Gordon, and Salerno. Recorded at Mises University 2010.

Featuring Garrison, Hülsmann, Long, Herbener, Gordon, and Salerno. Recorded at Mises University 2010.

Recorded at Mises University 2010.