Why Your Grandfather’s Economics Was Better Than Yours

03/14/2010 Steven Kates

The Ludwig von Mises Memorial Lecture. Recorded March 13, 2010, at the Ludwig von Mises Institute in Auburn, Alabama. Includes an introduction by Joseph T. Salerno.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.