The "superior bargaining power" argument has always been the most important argument on behalf of unionism and of all the legislative privileges that unions enjoy. Thomas DiLorenzo points to Mises's demolition of the idea.
The theory of time preference, capital, technology and economic growth will be viewed through both theoretical and historical elements. People have a preference for satisfaction earlier as compared to satisfaction later. Capital goods allow greater production, but this requires saving now, not consuming now.
Frank Shostak explains what Mises meant when he wrote that: "The Santa Claus principle liquidates itself." Most individuals in the western world take the ample availability of goods and services for granted.
Sponsored by the Mises Institute and held in Houston, Texas; September 22-23, 1995.
In a brilliant lecture at the Austrian Scholars Conference, Sean Corrigan chronicles the failings of growth-driven government policies that impoverish in the long run.
Robert Murphy shows what's wrong with Piero Sraffa's case against the market economy.
The US government is the world's largest debtor with deficits feeding debts that pile on in increasingly larger numbers of numbing proportions, writes Christopher Mayer.
Sean Corrigan presents The Henry Hazlitt Memorial Lecture at the 2004 Austrian Scholars Conference.
Includes Question and Answer period.
Gary Galles on Booker T. Washington: He encouraged business, industry and entrepreneurship, rather than political agitation.
