Yellen: “Recession” Doesn’t Mean What You Think It Means
In September 2008, the worsening global financial crisis hit a new phase when Lehman Brothers collapsed and it became undeniable that "hard times" had arrived for most ordinary people. By then, the unemployment rate had been climbing for months, foreclosures
Minimum Wage
There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws. Download the slides from this lecture at Mises.org/MU22_PPT_16. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2022.
Political Freedom vs. Personal Freedom
Jeff Deist: Ladies and gentlemen, welcome once again to The Human Action Podcast. We’ve got an excellent guest; he’s a friend of mine and also a friend of the Mises Institute, Stephan Livera. Many of you know him from the
Minimum Wage
There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws. Download the slides from this lecture at Mises.org/MU22_PPT_16. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2022.
Critical Race Theory: Academic Malfeasance and Fraudulence
CRT is what happens when methodological individualism is abandoned and replaced by “systems” and “structures” that apparently do everything while actual people do nothing. Original Article: "Critical Race Theory: Academic Malfeasance and Fraudulence" This Audio Mises Wire is generously sponsored by Christopher
Competition and Monopoly
Government attempts to limit “monopoly power” cannot improve well-being. Download the slides from this lecture at Mises.org/MU22_PPT_15. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2022.
The Austrian Theory of the Business Cycle
Download the slides from this lecture at Mises.org/MU22_PPT_14. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2022.
Austrian Capital Theory
Capital is the starting point of economic calculation. Download the slides from this lecture at Mises.org/MU22_PPT_13. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2022.
Government “Stimulus” Schemes Fail Because Demand Does Not Create Supply
By popular thinking, the key driver of economic growth is the increase in total demand for goods and services. It is also held that overall output increases by a multiple of the increase in expenditure by government, consumers and businesses. It
Calculation and Socialism
In 1920, Ludwig von Mises destroyed the intellectual foundations of the case for socialist central planning. Download the slides from this lecture at Mises.org/MU22_PPT_12. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2022.