Recent Podcast Episodes
Direct Exchange
Exchange is the foundation of the division of labor. Each party to an exchange must expect greater psychic benefit than what he is giving up. Thus, trades are not equal, they are win-win activities. Property and ownership are value-free and a pre-condition of a free market.
Fundamentals of Human Action
Human action is defined simply as purposeful behavior. Men act by virtue of their being human. Action can be undertaken only by individual actors. Leisure is a good. Mises derives economic law from this axiom that the study of man is the concept of action.
Defending the Undefendable: An Interview with Walter Block
Walter Block is interviewed on the Mike Martin Show, 08-11-2008.
The Life and Work of Ludwig von Mises
The Frederick L. Maier Lecture, recorded at Mises University 2008.
Economics of F. A. Hayek
Peter Klein Microsoft PowerPoint - Economics of F. A. Hayek Acrobat Distiller 7.0.5 (Windows)
Inflation Deflation Red-flation Blue-flation
A debate has been raging for some time among those in the finance industry about whether the United States is currently experiencing inflation, def