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Austrian School

Supporters Summit 2020, Jekyll Island, Georgia

Economics for Business: Austrian Principles Practically Applied

10/22/2020Audio/VideoHunter HastingsPeter G. KleinRobert L. LuddyGregory Morin

We're building a bridge from Austrian theory to its application in business. This can help us gain a greater understanding of the merits of Austrian economics.

Rand Paul Is Right about the Nazis and Socialism

SocialismWorld History

10/22/2020Audio/VideoDavid Gordon

Mises in 1944: "The German and the Russian systems of socialism have in common the fact that the government has full control of the means of production."

Central Banks and the Problem with Playing God

Central BanksMoney and Banks

10/22/2020Audio/VideoPascal Hügli

It seems the reach and influence of central banks has never been higher, yet they are increasingly flying blind in an environment where central bank tools are growing ever more imprecise and dangerous.

Was Hoppe Wrong About Democracy?

Anti-PoliticsStrategyPolitical Theory

10/21/2020Audio/VideoRyan McMakenTho Bishop

Hans-Hermann Hoppe has shown in his writings that democracy leads to economic impoverishment and political disaster under certain conditions. But what are those conditions, and are they dominant in electoral institutions in the United States today?

India Takes Small Steps toward Economic Freedom with New Agrarian Reforms

Bureaucracy and RegulationFree MarketsPrice Controls

10/21/2020Audio/VideoSathyajith MS

India's parliament has recently passed new reforms to its long-standing interventionist regime which limits farmers' ability to buy and sell goods. These reforms are badly needed.

No, the Stock Market Isn't a "Leading Indicator" of Economic Prosperity

10/20/2020Audio/VideoChris Calton

In an unhampered economy, stock prices would reflect the availability of savings for investment and capital. But in an inflationary economy, rising stock prices suggest something very different.

Japan Embraced Debt as a Way out of Its Budget Crisis. It's Not Working.

10/20/2020Audio/VideoTaiki MuraiGunther Schnabl

In Japan, huge social security expenditures have been simply monetized by the Bank of Japan at the expense of the overall welfare and the economic prospects of Japan’s youth.

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David K. Hurst: Managing People-as-Ends and Not People-as-Means

The EntrepreneurEntrepreneurship

10/20/2020Audio/VideoHunter Hastings

Management and organizational frameworks often treat people as means. But people are not means. People are subjects, and they have subjective ends of their own.

Printing Money at a "Constant" or "Stable" Rate Won't Prevent Boom-Bust Cycles

Booms and BustsInflationGold Standard

10/20/2020Audio/VideoFrank Shostak

Money printing—even at a constant rate—is going to generate the same result as any other money printing. The reason lies in the fact that money creation transfers wealth from productive to unproductive enterprises.

Why Slave Economies Thwart Entrepreneurial Innovation

CapitalismU.S. HistoryWorld History

10/20/2020Audio/VideoLipton Matthews

In a slave economy, slave owners seek technological innovations that make slave labor more productive. But they also place inefficient and artificial limits on innovations that might change the established social order.