Recent Podcast Episodes

Jeffrey Tucker interviews Frank Shostak. Recorded 30 September 2008.

Leading Austrian Economists discuss Henry Hazlitt's classic book Economics in One Lesson. Interview 2 of 12.

The Fed is essentially a giant counterfeiting machine. That would be criminal for you, but is legal for JPMorgan's men under the Federal Reserve Act written by the big bankers.

Here are inconvenient truths that counter the fallacies of Al Gore's documentary film - An Inconvenient Truth. Man is not causing catastrophic global warming. Carbon Dioxide is the stuff of life, not a pollutant.

Markets find value the best. Government intervention destroys the price signals that markets require. Government cannot create money out of thin air. Time Will Run Back is a novel that begins in a socialist world where no one knows what the economy is doing because there are no prices. Socialism is unraveled.

Honest money and private property rights are the foundation for a peaceful society. The price system is what makes this work because it reflects the real availability of each scarce product and service, especially during emergency times.

The Constitution spelled out that the federal government is limited to certain powers. Is it allowed? should be the first question about any proposed legislation. Today there are no recognized limits. The Supreme Court declared in the late 1930s that everything the federal government does will be assumed to be constitutional.

As a decentralized communication system facilitating the sending and receiving of messages by billions of people, the Internet has greatly shifted

From “Choice in Currency: A Path to Sound Money”; the Mises Circle in Vancouver. Recorded 13 September 2008.

From “Choice in Currency: A Path to Sound Money”; the Mises Circle in Vancouver. Recorded 13 September 2008.

From “Choice in Currency: A Path to Sound Money”; the Mises Circle in Vancouver. Recorded 13 September 2008.

From “Choice in Currency: A Path to Sound Money”; the Mises Circle in Vancouver. Recorded 13 September 2008.

From “Choice in Currency: A Path to Sound Money”; the Mises Circle in Vancouver. Recorded 13 September 2008.

From “Choice in Currency: A Path to Sound Money”; the Mises Circle in Vancouver. Recorded 13 September 2008.

Recorded at Mises University 2008.

Recorded at Mises University 2008.

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.

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, too.

The pricing, supplies, and incomes of particular factor prices - labor and land -  and the effects of a changing economy upon them are discussed as Rothbard viewed them. The theory of rent is a highlight of this chapter. The Mengarian causal-realist tradition is integrated here.

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.