Rothbard Graduate Seminar

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Rothbard Graduate Seminar

Economics and Public Policy

Austrian Economics OverviewFiscal TheoryPolitical Theory

08/28/2018Mises Media
In this 28-minute talk, Peter Klein explains why governments employ so many economists, and what economists should really be doing.
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Rothbard Graduate Seminar

Fundamentals of Intervention

Austrian Economics OverviewInterventionism

08/28/2008Mises Media
Power & Market - this second section of Rothbard's book - shows the state was to be protector of the people and property, but the government is contradictory to that task. Government both taxes and demands a monopoly of defensive services within a geographical area.
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Rothbard Graduate Seminar

Money and Its Purchasing Power

Money and BanksAustrian Economics OverviewValue and Exchange

08/28/2008Mises Media
This completes the study of money and of the effects of changes in monetary relations on the economic system. Like all commodities, money has its own supply and demand and price: purchasing power. Everyone deals in money.
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Rothbard Graduate Seminar

The Supply of Money

Money and BanksAustrian Economics OverviewMoney and Banking

08/28/2008Mises Media
How are money prices determined? The stock of the money commodity responds to demand and supply of the consumers and their preferences just as with any other good.
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Rothbard Graduate Seminar

Binary Intervention: Government Expenditures and the Business Cycle

Taxes and SpendingAustrian Economics OverviewBusiness CyclesInterventionism

08/28/2008Mises Media
Main objection to the Austrian Business Cycle Theory is rational expectations - they can't prevent entrepreneurs from making use of loose credit because they would be left behind if they didn't.
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Rothbard Graduate Seminar

Antimarket Ethics: A Praxeological Critique

Austrian Economics OverviewCapital and Interest TheoryPraxeology

08/28/2008Mises Media
Praxeology - economics - provides no ultimate ethical judgments: it simply furnishes the indispensable data necessary to make such judgments. Common criticisms of the free market are refuted praxeologically in this chapter. Absolute equality is an impossible goal.
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Rothbard Graduate Seminar

Monopoly and Competition

Austrian Economics OverviewMonopoly and Competition

08/28/2008Mises Media
Walter Block met Rothbard in 1966. Here, Block tells a joke making the point that antitrust law is dead from the neck up. There is nothing wrong with a monopoly price. Whatever price the free market establishes will be the best price.
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Rothbard Graduate Seminar

Binary Intervention: Taxation II

Taxes and SpendingAustrian Economics OverviewInterventionism

08/28/2008Mises Media
Progressive, proportional and regressive taxes. Rothbard is relentlessly not in favor of taxes. The state robs both rich and poor.
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Rothbard Graduate Seminar

Triangular Intervention

Austrian Economics OverviewInterventionism

08/28/2008Mises Media
Price controls, product controls, compulsory cartels, licenses, standards, tariffs, child labor laws, conscription, minimum wage laws, subsidies, penalties, anti-trust, conservation laws, patents, public utilities, eminent domain, and bribery are among the many triangular interventions by...
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Rothbard Graduate Seminar

Binary Intervention: Taxation I

Taxes and SpendingAustrian Economics OverviewInterventionism

08/28/2008Mises Media
The uniqueness of the Austrian approach to taxation is to first cover Public Policy, then Antimarket Ethics and finally Taxation. It is a praxeological development approach. Robbery and counterfeiting are the revenues to the state. You can't look at taxation alone, you must look at expenditures,...
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