A Conversation with Prince Michael of Liechtenstein
Although most of Europe has long forgotten Misesian thinking, Prince Michael of Liechtenstein is an exception.
Although most of Europe has long forgotten Misesian thinking, Prince Michael of Liechtenstein is an exception.
Recorded at the Mises Institute in Auburn, Alabama, on July 28, 2023.
Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented.
Menger discovered much more than the principle of marginal utility—he created an entire system of economics based on subjective value and individual choice.
In contrast to the imaginary way that mainstream economists present value, Austrian economists properly use ordinal rankings to determine value.
David Gordon take a critical look at Markus Gabriel's Moral Progress in Dark Times, and although he finds parts that are disturbing, he also discovers important areas of agreement.
More than two thousand years ago, the ancient Chinese Tao presented ideas that are reflected in F.A. Hayek's concept of spontaneous order.