Austrian Economics Overview
An Interview with Walter Block
Interviewed by Judge Andrew Napolitano on the “Freedom Watch” program, 27 January 2010.
Prepare for the Worst
Presented by Congressman Ron Paul at “The Failure of the Keynesian State,” the Mises Circle in Houston, sponsored by Jeremy S. Davis.
The Misesian Vision
Presented by Llewellyn H. Rockwell, Jr. at “The Failure of the Keynesian State,” the Mises Circle in Houston, sponsored by Jeremy S.
3. The Determination of Prices
Price is determined by the equilibrium price and the equilibrium quantity. If your good is not selling, you lower the price. If your goods fly off the shelves you are selling too cheaply and you raise prices.
1. Intro to Micro: Demand and Supply
2. Value
Why is it that things like bread and water which have high use values are cheap while on the other hand luxury items like diamonds are very expensive? This paradox was not solved until it became understood that people choose only a marginal unit - this loaf or this diamond.
Fifteen Minutes that Changed Libertarian Publishing
Our board consists of world-class scholars working in the libertarian tradition — a veritable who's who of Austrolibertarianism.
Mises.org on iTunes U
With iTunes U, the entire body of scholarship accumulated in the minicivilization of Mises.org can enjoy the widest possible distribution.
Introduction to Economics: Part 5
The entrepreneur is the major risk bearer. Business return on capital is long run profits or losses. Real rate of interest is determined by time preferences. Government contracts are cost plus. Medical costs are higher because supply is so restricted by government intervention.