Austrian Economics Overview

"Price theory is the cornerstone of the foundation of economic calculation."

This is the Austrian answer to today’s economic controversies. Featuring Paul Cwik, Lucas Engelhardt, David Gordon, Jeffrey Herbener, Shawn Ritenour, and Joe Salerno.

Mises Institute faculty tackle tough questions on policy, economic history, constitutional interpretation, and practical libertarian strategies in this panel discussion.

Jonathan Newman challenges mainstream interpretations of equilibrium, showing how Austrian economics replaces static models with a dynamic, step-by-step view of market coordination.

Without entrepreneurs, there is no market economy.

Jonathan Newman shows how the division of labor sustains civilization.

People seem to universally agree that equality is good and inequality is bad, but no one seems to know what that means.

One of the great lessons of Mises’s Human Action is that the institutions of the free society—private property and sound money—make up the environment enabling economic progress, and hence, human flourishing. It is the book that made me an economist.

Fallout, the dystopian series on Prime, hardly is free market in its caricature of business. However, the show lends itself to being analyzed through the lens of Austrian Economics.

While Mises was a utilitarian, he believed people acted to improve their lot because of a felt uneasiness that could be rectified through free markets.