To a Great Man
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022. Sponsored by Sheri and Thomas Yengst.
How to Think about Production and Entrepreneurship
[Chapter 5 of Per Bylund's new book How to Think about the Economy: A Primer.] Why do we produce? For the simple reason that nature doesn’t automatically satisfy all of our needs and wants. Wild animals, grains, and berries are not enough to
Thanks to the Fed, You’ll Work More This Year to Keep Last Year’s Standard of Living
This is the "American dream" the Fed has given us: work more jobs and longer hours to keep paying those bills that are now growing at 8 percent per year. Original Article: "Thanks to the Fed, You'll Work More This Year
The Bank of England Made Liz Truss a Scapegoat
We live in strange times. The same people that vehemently defended massive deficit spending and money printing as the solution to the global economy now blame the turmoil of the UK bond and currency markets on a deficit-increasing budget. I find
The Perils of Higher Education: Institutional Failure
I have recently written about the cultural, political, and ideological problems that contribute to the decline in higher education, but colleges also suffer from long-standing institutional shortcomings. Simply put, the term “higher education” is, in many ways, a misnomer, as the
Mises and Rothbard versus the Progressives
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022.
Mark McGrath on Orientation and the Adaptive Entrepreneurial Method
When firms apply the principles of Austrian economics to business management, we call the result the Adaptive Entrepreneurial Method. It’s adaptive in that it is a continuous learning process, and it’s entrepreneurial in elevating customer value realization as the most
The Alex Jones Verdict Shows the Danger of Defamation Laws
The idea of defamation as a punishable legal matter is based on the notion that people do not have free will and are not responsible for their own actions. Original Article: "The Alex Jones Verdict Shows the Danger of Defamation Laws" This
Slavery Did Not Promote Capitalism: The New Economic History of Capitalism Is Simply Wrong
The “new history of capitalism” (NHC) continues to receive widespread acclaim despite mounting inaccuracies. Although critical reviews have punctured adherents’ arguments many still cling to wrongheaded assumptions that exaggerate the role of slavery and cotton in powering America’s economic progress.
The Austrian School Legacy in Vienna
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022.