Human Action and Man, Economy and State in the History of Thought
Recorded at Mises University 2003.
Austrian Economics Overview
Displaying 1801 - 1810 of 2018
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.
Hayek and the Common Law: An Assessment
Ronald Hamowy discusses Hayek and the Common Law: An Assessment at the 2002 Austrian Scholars Conference.
The Myth of National Defense
Recorded at the 2003 Supporters Summit: Prosperty, War, and Depression.
(39:25)
Demand and Supply, Consumer Goods, Prices and Exchange
Microeconomics starts with the basic fact that each person has short term and long term goals, like buying a ham sandwich and graduating from college. People act in the world to accomplish something. Human action is purposive. You employ different means to achieve certain goals.
Economics, Philosophy, and Politics
An extraordinary and wide ranging interview with Hans-Hermann Hoppe: "The apologists of the central state claim that a proliferation of independent political units would lead to economic disintegration and impoverishment. Today, however, manny small countries are all wealthier than their surroundings. Moreover, theoretical reflection also shows that this claim is just another statist myth."
