Recent Podcast Episodes
2. Supply and Demand
In this lecture in 1972, supply and demand concepts included: preferences of consumers, prices, quantity, quality, elasticity, equilibrium, marginal utility, present goods, and production processes.
7. Pricing of the Factors of Production
Presented by Rothbard at New York Polytechnic University in 1972.
12. Conservation and Property Rights
Presented by Rothbard at New York Polytechnic University in 1972.
15. Money and the Balance of Payments
Presented by Rothbard at New York Polytechnic University in 1972.
3. Advertising
Advertising has always had bad press with economists, but consumers discover that a product either works and works well, or it doesn't. Consumer wants are not artificially created by business itself.
16. Banking and the Business Cycle
Presented by Rothbard at New York Polytechnic University in 1972.
Bimetallic Nightmare
Congress decreed that gold and silver dollars should be interchangeable and put upon the Treasury a mandate to keep them equal in value. How?
Government Against Capitalists
The governments of almost all countries are engaged in a campaign against the capitalists.
The Economics of Calvin and Calvinism
John Calvin’s main contribution to the usury question was in having the courage to dump the prohibition altogether.
Yevgeny Zamyatin: Libertarian Novelist
Ultimately, he and the woman are caught, imprisoned, and tortured. In the end, he is sincerely repentant of his crimes and is completely devoted to the all-encompassing government that has done him all this harm.
1. Choice, Utility, and Demand
Economics begins with the concepts of scarcity and choice. If there was no scarcity it would all be free. Resources like time and materials need to be allocated to economically feasible uses. This will depend on the consumers' demand for the final product.
13. The Labor Market
Economists can say little about population and its size, despite the gloomy views of Malthus. More people are a good thing because of the division of labor. Living standards are higher when populations are higher.