Mises Institute

In the aftermath of its recent election debacle, Britain's Conservatives have selected Kemi Badenoch as their new leader. Badenoch describes herself as an "adherent to Austrian Economics." Will it make any difference in Britain's future? Narrated by Millian Quinteros.

A central doctrine of the Keynesian system is the “liquidity trap” in which consumers hold money in anticipation of higher interest rates. The act of holding money allegedly promotes “underconsumption,” continuing the economic downturn. This doctrine, however, cannot withstand scrutiny. Narrated by Millian Quinteros.

In the post-Civil War South during Reconstruction, federal troops attempted to impose their will in part by pitting recently-freed slaves against southern whites. The outcome was obvious, leading to more than a century of violent racial clashes, all the while strengthening federal power. Narrated by Millian Quinteros.

There finally is pushback against Critical Race Theory that has infected higher education and most of our other institutions. Unfortunately, CRT concepts are so embedded in our body politic that the only way to combat them is through revisionist history. Narrated by Millian Quinteros.

The US went to war 83 years ago today with Japan‘s attack on Pearl Harbor. It ended with Japan‘s surrender after US bombers dropped atomic bombs on Hiroshima and Nagasaki. The myth lives on to this day that the bombs ended the war prematurely, saving millions of lives. Narrated by Millian Quinteros.

William Rawle was a well-respected lawyer, legal scholar, an abolitionist, and a believer in the right of states to secede. He described this in A View of the Constitution of the United States of America, which many claimed to have read while at West Point prior to the Civil War. Narrated by Millian Quinteros.

It should be clear from the articles in this book that the Austrian School is thriving. Per Bylund has rendered a great service in bringing the scholarship in A Modern Guide to Austrian Economics to our attention. Narrated by Millian Quinteros.

These days, most federally-funded workers are “private” contract and grant workers. These jobs will quickly disappear if we‘re serious about spending cuts. Narrated by Millian Quinteros.

Delve into the confusing world of tariffs and discover how they are misunderstood even by the educated. Unravel the historical significance of tariffs, their limited benefits, and their role in deepening the Great Depression. Examine the burden they impose on American consumers while failing to protect domestic industries. Explore how regulations impact low-skilled workers and small businesses, highlighting the unfair advantages they give to larger corporations. Finally, see the connections between domestic and international protectionism throughout history.

Bob walks through diagrams from Hayek's famous LSE lectures to explain the Austrian view of the boom-bust cycle. The Diagrams Referenced in this Episode: https://Mises.org/HAP481a Hayek's Prices and Production: https://Mises.org/HAP481b Rothbard's Man, Economy, and State: https://Mises.org/HAP481c Bob's Study Guide to Man, Economy, and State: https://Mises.org/HAP481d Roger Garrison's PowerPoint on the Hayekian Triangle: https://Mises.org/HAP481e