Man, Economy, and State: Money & Its Purchasing Power with Robert Murphy
Dr. Robert Murphy joins Jeff Deist to breakdown Rothbard's exposition of money in an Austrian framework.
Value and Exchange
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Man, Economy and State with Jeff Deist
Jeff Deist tackles the first Chapter of Man, Economy, and State. So much of what economics texts get wrong is laid out brilliantly here by Rothbard, who gives readers the basics of action, means/ends, time, ranking, factors of production, and capital in this 77 page master class.
How Modern Economics Has Lost Its Way: It’s All About the “Unseen”
The difference between modern economics and proper economic thinking lies in taking the step that comes after arriving at the "unseen," to the "unrealized."
Money Velocity and Prices
Prices and purchasing power are determined by how individual consumers value goods and services. The "velocity of money" won't help us understand prices or the money supply.
Money Velocity and Prices
Prices and purchasing power are determined by how individual consumers value goods and services. The "velocity of money" won't help us understand prices or the money supply.
What Is Entrepreneurship?
Formal models of the economy, writes Murray Rothbard, tend to overlook a crucial instrument of change: entrepreneurship.
