Austrian Economics Overview
Question and Answer Period
Some responses to questions included: Trends in economics are dangerously negative. Keynesians are more unrealistic than ever. Mises says you only have two choices in coordinating resources: socialism or capitalism. Prohibition of drugs leads to violence and death.
From The Art of War to the Science of Economics
How can The Art of War help you think like an economist? Because resources are scarce we have to put the goods we do have to the best use. Sun Tzu understood that war is destruction and resources must be preserved. The only good war is one won without fighting.
World Currency War
Beggar thy neighbor policies are now called Quantitative Easing. Just like regular protectionism this currency war approach will lead to real wars.
The Last Knight in Russia
May 24th, 2013 will remain in the annals of the Circle Bastiat as an infamous day of self-promotion.
New Austrian Journal
The Journal of Prices & Markets, published by the Ludwig von Mises Institute of Canada, is a journal
The Hoover-Roosevelt Depression
The conclusion of Ohanian’s paper is quite—one is tempted to say “hardcore”—Rothbardian.
Panel Discussion
All services that government provides can be privately provided goods and services. All voluntary arrangements are better than coercive ones. Anarchy is simply no rulers, but not no rules.
Catallactic Functions and Real Persons in ‘Man, Economy, and State’ and ‘Human Action’. (Further) Elements for an Austrian Theory of the Firm
From the session on “Austrian Theory and Method,” presented at the Austrian Economics Research Conference.