World History

There is a wide difference between a social organization founded on the general laws of human nature, and an artificial organization, invented, imagined.

Adam Smith was able to sweep the field, while Cantillon and Turgot, who were far superior as technical economists and freedom champions, languished.

The state both caused the problem and prevented people from protecting themselves from the resulting violence.

All history is partly conjectural, because our knowledge is always limited.

Food was the symbol and reality of prosperity. Food meant the good life. Food meant security, health, and happiness.

The Malthusian fallacy created the common view that economics is cold, hardhearted, excessively rational, and opposed to the welfare of people.

Recorded at Mises University 2011.

Recorded at Mises University 2011.

Jefferson writes mournfully, "What a cruel reflection, that a rich country can not long be a free one!"

There is a revolution afoot, one that is happening much more quickly than the Industrial Revolution.