Capital and Interest Theory

Recorded in Houston, Texas; October 27, 1984.

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.

Steeped in American history and Austrian economics, this extraordinary film is the clearest, most compelling explanation ever offered of the Fed, and why curbing it must be our first priority.

Recorded at Mises University 2003.

Recorded at the 2003 Supporters Summit: Prosperty, War, and Depression.

(25:00)

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.