Human Action and Man, Economy and State in the History of Thought
Recorded at Mises University 2003.
Austrian Economics Overview
Displaying 1761 - 1770 of 2015
Capital, Interest, and Profit
Profit is total revenue minus total costs. Ours is not just a profit system, it is a profit and loss system. Losses are a sign that you wasted land, labor, or capital, yet those who make profits are criticized.
Rothbard on Agency Problems
Alexandre Padilla talks about Rothbard on Agency Problems at the 2003 Austrian Scholars Conference.
Theory and History
Economic theory is essential for understanding history. It is difficult to interpret data without economic theory. Theory cannot come from data. All states are aggressive. All wars require economic resources. More liberal states will pursue more aggressive policies. The biggest bullies will get away with murder.
