Recent Podcast Episodes
Do Big Data and AI Solve the Socialist Calculation Problem?
“Our civilization is inseparably linked with our methods of economic calculation."
The Tao and the Synergy of the Spontaneous Order
More than two thousand years ago, the ancient Chinese Tao presented ideas that are reflected in F.A. Hayek's concept of spontaneous order.
An Austrian Analysis of Covid Vaccines
Public health during the pandemic was anti-science and anti-health.
The Rise of State-Controlled Medical Care
Dr. Terrell discusses the impacts of price controls, occupational licensure, the FDA, and more.
The Political Economy of Policing
Moving policing outside of the realm of economic calculation contributes to many of the problems we see.
Mises and Nationalism
At a time when ethnic politics were tearing Europe apart, Ludwig von Mises believed that such ethnic devotion did more harm than good.
Cronyism in America: How the AMA Cartelized the Medical Profession
In the Progressive Era (1897 to 1929) the American Medical Association made an effort to restrict the supply of doctors.
Critique of Neoclassical Economics
The differences between the Austrian school and the mainstream begin at the most fundamental level.
Minimum Wage
There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws.
Calculation and Socialism
In 1920, Ludwig von Mises destroyed the intellectual foundations of the case for socialist central planning.
Measurement in Economics
Karl-Friedrich Israel discusses modern econometrics, utility and welfare economics, and econometrics as a set of descriptive tools.