Recent Podcast Episodes

Building the world’s tallest building has been a matter of particularly bad timing by entrepreneurs.

The mental constructs of the evenly rotating economy and of specific factors of production are discussed. Distinguishing between interest and profits and a construct of slow change are revealed through the ERE as Rothbard considers the final state of rest.The ERE construct is simply a useful, unrealizable, mental tool.

Direct exchange was limited. The pattern of indirect exchange led to the common medium of exchange: money. Maximization of psychic income always leads the seller of a good to seek the highest money price for it, and the buyer of a good to seek the lowest money price.

Here Rothbard deals with the pure rate of interest, as determined by time preference. It's a ratio of prices between present and future goods. The interest rate is equal to the rate of price spread in the various stages of production. It pervades all time markets.

Recorded at Mises University 2008.

Recorded at Mises University 2008.

Leading Austrian Economists discuss Henry Hazlitt's classic book Economics in One Lesson. Interview 1 of 12.

From The Case Against The Fed (pp. 90-106), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 134-137), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 3-12), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 29-33), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 55-57), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 79-82), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 118-129), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 20-27), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 45-54), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 64-69), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 106-114), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 137-145), as narrated by Floy Lilley.

From The Case Against The Fed (pp. 12-17), as narrated by Floy Lilley.