Human Action and Man, Economy and State in the History of Thought
Recorded at Mises University 2003.
Recorded at Mises University 2003.
Austrian economics has nothing to do with the economics of Austria. Austrian Economics (AE) began with Carl Menger in 1871. It is based on an analysis of individual action, not aggregates or groups.
Albion’s Seed is a great book about the four migration folkways into the colonies from Great Britain during 1629 through 1775. The groups had many characteristics in common which may be what made future union possible, but the groups were also different. Puritans hated Quakers. Everybody hated Catholics. The competing regional cultures created quite a laissez-faire outcome between the community-based groups and more individualistic groups.
Walter Block talks about Plumb Line Libertarianism at the 2002 Austrian Scholars Conference.
Boom, Bust, and the Future (19:39) January 18-19, 2002
Recorded at the Reassessing the Presidency seminar; March 2004.
Alexandre Padilla talks about Rothbard on Agency Problems at the 2003 Austrian Scholars Conference.
Economic theory is essential for understanding history. It is difficult to interpret data without economic theory. Theory cannot come from data. All states are aggressive. All wars require economic resources. More liberal states will pursue more aggressive policies. The biggest bullies will get away with murder.