Austrian Economics Overview

Life is a series of choices by which we seek to exchange something we have for something we prefer.

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This notable book collects twenty-two articles by Peter Boettke; eight of these have been written in collaboration with others, including Peter Leeson, Christopher Coyne, Steve Horwitz, David Prychitko, and Frederic Sautet.

Delivered at the Mises Institute in Auburn, Alabama, on 21 June 2012.

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Mises, Ron Paul, and the Austrian Business Cycle Theory cited in

"Austro-Punks, “South Royalton Syndrome", and the progression of Austrian economics. 

Private property is the only foundational institution that society needs to build a civilization. The 99% had rotten lives until there was a revolution in ideas in the 1700s. Laissez-faire ideas changed the ideas of the 99%. The industrial revolution flowered.

Mainstream economics is fixated on market failure. The solution for mainstream economists is always heavy regulation. Capitalism permits global scale enterprises to thrive despite bureaucratic red tape.

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