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Latest episodes from Mises U 2010

Mises as Model

Play Episode Listen Later Aug 1, 2010


Recorded at Mises University 2010.

Mises University Awards Ceremony

Play Episode Listen Later Aug 1, 2010


Includes remarks and presentations by Douglas French, Joseph Salerno, Jörg Guido Hülsmann, and Dario Fernandez. Recorded at Mises University 2010.

Recent Books Important to Austrians

Play Episode Listen Later Jul 31, 2010


Welfare Economics

Play Episode Listen Later Jul 31, 2010


Contrast Austrian Welfare Economics with alternative approaches including Pareto Optimality and Kaldor-Hicks. Recorded at Mises University 2010.

The Economics of Legal Tender Laws

Play Episode Listen Later Jul 31, 2010


Advanced lecture on the origins of fiat money systems, explaining the transition from commodity money to commercial bank notes and deposits, and from there to fiat money. Recorded at Mises University 2010.

International Monetary Systems

Play Episode Listen Later Jul 31, 2010


Compares and contrasts the principles and performance of alternative international monetary systems, including the classical gold standard, the gold-exchange standard, fluctuating national fiat currencies, and a global fiat currency. Shows the superiority of a hard-money gold standard over the historical and proposed alternatives. Recorded at Mises University 2010.

Business Cycles and Prediction

Play Episode Listen Later Jul 31, 2010


Compares Austrian and mainstream views of prediction and their relative success. Recorded at Mises University 2010

Networks, Information, and Technology

Play Episode Listen Later Jul 31, 2010


An Austrian take on network externalities, QWERTY effects, the economics of information, intellectual property, and the history of technology. Recorded at Mises University 2010.

Protection and the Market for Security

Play Episode Listen Later Jul 31, 2010


How a free market in law enforcement and military defense could work. Recorded at Mises University 2010.

Friedman and Mises on Method

Play Episode Listen Later Jul 31, 2010


Showing that Milton Friedman’s criticism of Austrian apriorism and his criticism of the Austrian rejection of unrealistic economic models are rooted in the same philosophical mistake. Recorded at Mises University 2010.

Apriorism and Positivism in the Social Sciences

Play Episode Listen Later Jul 31, 2010


Defending “methodological dualism” [the view that natural science and social science require different methods] from both its positivist critics and its confused historicist friends. Recorded at Mises University 2010.

The Rothbardian Theory of Taxes

Play Episode Listen Later Jul 31, 2010


In defense of tax loopholes and other things that horrify “mainstream” economists. Recorded at Mises University 2010.

Consumer Product Regulation

Play Episode Listen Later Jul 31, 2010


Is consumer product regulation necessary or does the free market have superior alternatives? Considers the government’s failure to provide the best level of protection for consumers. Recorded at Mises University 2010.

Privatization of Roads

Play Episode Listen Later Jul 31, 2010


Some 40,000 people perish each year on U.S. highways, and the National Traffic Safety Administration blames this on speeding, DUI, driver error, while the real problem is Sovietization of streets and roads. Recorded at Mises University 2010.

Faculty Panel on Policy, Part 1

Play Episode Listen Later Jul 31, 2010


Featuring Block, DiLorenzo, Klein, Thornton, Terrell, Woods, and Murphy. Recorded at Mises University 2010.

Faculty Panel on Theory, Part 1

Play Episode Listen Later Jul 31, 2010


Featuring Garrison, Hülsmann, Long, Herbener, Gordon, and Salerno. Recorded at Mises University 2010.

Faculty Panel on Policy, Part 2

Play Episode Listen Later Jul 31, 2010


Featuring Block, DiLorenzo, Klein, Thornton, Terrell, Woods, and Murphy. Recorded at Mises University 2010.

Faculty Panel on Theory, Part 2

Play Episode Listen Later Jul 31, 2010


Featuring Garrison, Hülsmann, Long, Herbener, Gordon, and Salerno. Recorded at Mises University 2010.

Economic Reasoning: The Most Common Fallacies

Play Episode Listen Later Jul 30, 2010


Logical mistakes in common economic arguments; confusions about use of ethics in economics. Recorded at Mises University 2010.

Time and Uncertainty

Play Episode Listen Later Jul 30, 2010


Implications of economizing time and time preference in human action; the nature of uncertainty and the role of uncertainty and risk in human action. Recorded at Mises University 2010.

Mises and Rothbard in the History of Thought

Play Episode Listen Later Jul 30, 2010


Explains the contributions of Mises and Rothbard to the development of modern economic thought. Focuses especially on their great treatises, Mises’s Human Action' and Rothbard’s Man, Economy, and State. Recorded at Mises University 2010.

Skyscrapers and the Housing Crisis

Play Episode Listen Later Jul 30, 2010


Shows how Austrian economics is basis of Skyscraper Index, which has correctly predicted most economic and housing crises of 20th century. Recorded at Mises University 2010.

Professional Strategies and New Directions for Austrians

Play Episode Listen Later Jul 30, 2010


An open discussion of school and career options for Austrians in academia, journalism, policy analysis, and related fields. Recorded at Mises University 2010.

The Corporation and the Free Market

Play Episode Listen Later Jul 30, 2010


What is the corporate form of organization, where did it come from, how does it work, and do corporations take advantage of consumers, investors, and other market participants? Recorded at Mises University 2010.

Vienna vs. Chicago on Monetary Issues

Play Episode Listen Later Jul 30, 2010


Contrasts Chicago school’s focus on “macroeconomic variations of substantial size and frequency” with Austrian school’s focus on “market forces hidden from the untrained eye” to demonstrate superiority of Austrian theory. Recorded at Mises University 2010.

The Economics and Politics of the Minimum Wage

Play Episode Listen Later Jul 30, 2010


Employs graphical analysis to demonstrate many ways in which US minimum-wage legislation caters to special interests and exploits voters’ lack of economic understanding. Recorded at Mises University 2010.

Wealth Redistribution, Domestic and International

Play Episode Listen Later Jul 30, 2010


Problems of international development aid and the domestic welfare state. Recorded at Mises University 2010.

Protectionism: Origin and Effects

Play Episode Listen Later Jul 30, 2010


Free trade and the international division of labor are the prerequisites for civilized society, which is why the state has always waged war against it. Recorded at Mises University 2010.

The Economics of the Public Sector

Play Episode Listen Later Jul 30, 2010


In the real world, it is impossible to separate economic analysis from an understanding of the effects of state intervention in the marketplace. Government spending, borrowing, regulating, and bureaucratizing all distort and change the economics of our daily lives. In this 60-minute talk, Thomas DiLorenzo discusses the effects of government intervention, and the role of democratic politics in leading to more intervention. How Austrian economics is used to analyze the effects of government spending, borrowing, and bureaucratizing. Recorded at Mises University 2010.

Health Economics

Play Episode Listen Later Jul 30, 2010


Discusses difficulties presented by government intervention into medical care in two parts: the problems of regulation of pharmaceuticals, and broader implications of socialist calculation problem for centralized control of medical care. Recorded at Mises University 2010.

What Ever Happened to the Constitution?

Play Episode Listen Later Jul 30, 2010


Recorded at Mises University 2010. Includes an introduction by Mises Institute founder and chairman, Llewellyn H. Rockwell, Jr.

Murray Rothbard as Academic Role Model

Play Episode Listen Later Jul 29, 2010


Theory and History

Play Episode Listen Later Jul 29, 2010


Further Considerations in the Theory of Interest

Play Episode Listen Later Jul 29, 2010


Advanced lecture on the theory of pure interest, discussing its pros and cons as compared to other theories, and its relationship with capital theory. Recorded at Mises University 2010.

The Economics of Deflation

Play Episode Listen Later Jul 29, 2010


Advanced lecture on monetary mechanisms in a growing economy, stressing the central role of debt, and discussing alternative ways to deal with inflation. Recorded at Mises University 2010.

The Great Depression

Play Episode Listen Later Jul 29, 2010


Looks at causes of the 1929 crash and ensuing depression, with lessons for today. Recorded at Mises University 2010.

The Austrian Response to Recent Critics

Play Episode Listen Later Jul 29, 2010


Responds to criticism of Austrian business cycle theory and “Puritan” policy recommendations. Recorded at Mises University 2010.

Economics and Its Ethical Assumptions

Play Episode Listen Later Jul 29, 2010


Why value-subjectivism in economics doesn’t imply value-subjectivism in ethics, and might even imply the reverse. Recorded at Mises University 2010.

Keynes and Hayek Head to Head

Play Episode Listen Later Jul 29, 2010


Graphical demonstration that relaxing three critical-but-implausible assumptions underlying Keynes’s theorizing allows the Keynesian framework to morph into the Austrian framework. Recorded at Mises University 2010.

The Theory of Political Entrepreneurship

Play Episode Listen Later Jul 29, 2010


Why government is inherently wealth-destroying, compared to free-market entrepreneurship, the source of wealth creaton. Recorded at Mises University 2010.

Environmental and Resource Economics

Play Episode Listen Later Jul 29, 2010


Covers the problems of government intervention into pollution and natural resource use issues, emphasizing importance of private property and individual liberty in producing desirable outcomes. Recorded at Mises University 2010.

Common Objections to Capitalism

Play Episode Listen Later Jul 29, 2010


Links between liberty, morality, and economic growth and moral objections to capitalism as greed. Recorded at Mises University 2010.

The Fallacies of Public Finance

Play Episode Listen Later Jul 29, 2010


Critical examination of the claim that justification for taxation is that there is a market failure regarding public goods and externalities. Recorded at Mises University 2010.

An Austrian View on Monopoly and Anti-Trust Law

Play Episode Listen Later Jul 29, 2010


Austrian critique of mainstream analysis of monopoly, monopsony, and perfect competition; the logical contradictions of anti-trust law. Recorded at Mises University 2010.

Calculation and Socialism

Play Episode Listen Later Jul 28, 2010


Recorded at Mises University 2010. Includes an introduction by Mark Thornton.

Production and the Firm

Play Episode Listen Later Jul 28, 2010


Recorded at Mises University 2010. Includes an introduction by Mark Thornton.

On Doing Economic History

Play Episode Listen Later Jul 28, 2010


Recorded at Mises University 2010. Includes an introduction by Mark Thornton.

Interventionism

Play Episode Listen Later Jul 28, 2010


Recorded at Mises University 2010. Includes an introduction by Mark Thornton.

Epistemological Problems of Economics

Play Episode Listen Later Jul 28, 2010


The Mises Circle: The Bubble Economy

Play Episode Listen Later Jul 28, 2010


Recorded at Mises University 2010. Includes an introduction by Llewellyn H. Rockwell, Jr.

The Division of Labor and Social Order

Play Episode Listen Later Jul 27, 2010


Recorded at Mises University 2010. Includes an introduction by Mark Thornton.

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