PODCAST
Rothbard Graduate Seminar
by Mises Institute
This program is an intense study of Rothbardian economic analytics, using Man, Economy, and State, as well as supplemental materials. Sponsored by Alice J. Lillie, and hosted at the Mises Institute in Auburn, Alabama, 8-13 June 2008.Download the complete audio of this event (ZIP) here.
Episodes
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Binary Intervention: Taxation I
The uniqueness of the Austrian approach to taxation is to first cover Public Policy, then Antimarket Ethics and finally Taxation. It is a praxeological development approach. Robbery and counterfeiting are the revenues to the state. You can't look at taxation alone, you must look at expenditures,...
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Production: Particular Factor Prices and Productive Incomes
The pricing, supplies, and incomes of particular factor prices - labor and land - and the effects of a changing economy upon them are discussed as Rothbard viewed them. The theory of rent is a highlight of this chapter. The Mengarian causal-realist tradition is integrated here.The section on…
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Money and Its Purchasing Power
This completes the study of money and of the effects of changes in monetary relations on the economic system. Like all commodities, money has its own supply and demand and price: purchasing power. Everyone deals in money. The annual production of money is small compared to the total stock of…
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The Supply of Money
The stock of the money commodity responds to demand and supply of the consumers and their preferences just as with any other good. Claims to money can be used as money, but fraudulent claims to money would be illegitimate because two owners cannot own the same thing at the same time and the…
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Antimarket Ethics: A Praxeological Critique
Praxeology - economics - provides no ultimate ethical judgments: it simply furnishes the indispensable data necessary to make such judgments. Common criticisms of the free market are refuted praxeologically in this chapter. Absolute equality is an impossible goal. Egalitarianism is a senseless...
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Monopoly and Competition
Walter Block met Rothbard in 1966. Here, Block tells a joke making the point that antitrust law is dead from the neck up. There is nothing wrong with a monopoly price. Whatever price the free market establishes will be the best price. There exists an unfortunate illusion about monopoly price.…
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Production: The Structure
The mental constructs of the evenly rotating economy and of specific factors of production are discussed. Distinguishing between interest and profits and a construct of slow change are revealed through the ERE as Rothbard considers the final state of rest.The ERE construct is simply a useful,...
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Production: Entrepreneurship and Change
Entrepreneurs see the future better than others and go and make money off it. Profits are an index that maladjustments are being met and combatted by the profit-making entrepreneurs. Capital does not beget profits. Only wise entrepreneurial decisions do that. The paradox of saving is that saving…
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Prices and Consumption
Rothbard's approach to money prices is not as a barter exchange system. Instead, he made money prices the common denominator for all exchange ratios. You can now engage in economic calculation. Every homogenous product will tend to be bought and sold at one particular money price at any given…
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The Pattern of Indirect Exchange
Direct exchange was limited. The pattern of indirect exchange led to the common medium of exchange: money. Maximization of psychic income always leads the seller of a good to seek the highest money price for it, and the buyer of a good to seek the lowest money price. All human action uses scarce...
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Rothbard as Historian
Rothbard could have been acclaimed for just his works in history, without all his contributions to economics. The Panic of 1819, America's Great Depression, Conceived In Liberty, History of Economic Thought, and A History of Money and Banking are each structured upon Rothbard's theory of power…
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Introduction to Man, Economy, and State
The publication in 1962 of Rothbard's magnum opus rescued economic science from self-destruction. Menger's causal-realist approach had been nearly buried by the Keynesian Revolution. Keynesian macroeconomics denied the efficacy of the price system altogether in coordinating the various sectors of...
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ABOUT THIS SHOW
This program is an intense study of Rothbardian economic analytics, using Man, Economy, and State, as well as supplemental materials. Sponsored by Alice J. Lillie, and hosted at the Mises Institute in Auburn, Alabama, 8-13 June 2008.Download the complete audio of this event (ZIP) here.
HOSTED BY
Mises Institute
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How many episodes does Rothbard Graduate Seminar have?
Rothbard Graduate Seminar currently has 21 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is Rothbard Graduate Seminar about?
This program is an intense study of Rothbardian economic analytics, using Man, Economy, and State, as well as supplemental materials. Sponsored by Alice J. Lillie, and hosted at the Mises Institute in Auburn, Alabama, 8-13 June 2008.Download the complete audio of this event (ZIP) here.
How often does Rothbard Graduate Seminar release new episodes?
Rothbard Graduate Seminar has 21 episodes. Check the episode list to see recent publication dates and frequency.
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Rothbard Graduate Seminar is created and hosted by Mises Institute.
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