Podcasts by Austrian School of Economics: Revisionist History and Contemporary Theory
Joseph T. Salerno presents a series of ten formal lectures on topics related to the history and theory of the Austrian School of Economics.
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Forerunners of the Austrian School: The French Liberal School from 2018-12-15T14:00
The French Liberal School had been dominant through four generations because they were privately funded, but when the government intervened in the French universities the Liberal School lost its...
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10. The Gold Standard in Theory and Myth from 2005-06-11T00:00
The mythology of gold really grew up with Keynes and the quantity theory. Here are six of those myths: the gold standard is unable to accommodate the needs of an growing economy; the quantity of...
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7. The Political Economy of the Chicago School: Libertarian or Jacobin? from 2005-06-10T00:00
The founder of the Chicago School, Frank Knight, was an avowed egalitarian. Rousseau was his influence. Jacobins believed in mass democracy and politics as the only way to implement their ideas....
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8. The Debate on the Socialist Calculation Debate from 2005-06-10T00:00
The debate still continues. It is all about Mises’ initial article and then book on Socialism in 1922. He demonstrated the necessity of the price system and showed how subjective values we...
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9. Money and Gold in the 1920s and 1930s: Defending the Rothbardian Position from 2005-06-10T00:00
Friedman’s book, Monetary History of the United States, tried to show the depression was caused by a deflation of the money supply by the Fed. Rothbard’s America’s Great Depres...
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6. Keynes and the 'New Economics' of Fascism from 2005-06-09T00:00
Monetary inflation is the key way to bring about economic fascism. Fascism was a spending, borrowing government, militarism, imperialism, and a planned economy. Keynes’ followers came to p...
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4. The Theory of Monopoly Price: From Menger to Rothbard from 2005-06-08T00:00
Prior to Mises there had been nothing written on the theory of monopoly price. Mises felt there could be some limited times of monopoly on the free market, e.g. diamond mines, but Rothbard felt ...
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5. Modern Monetary Theory: The Austrian Contribution from 2005-06-08T00:00
Monetary theory is where Austrians diverge the most from mainstream. Mises built a new taxonomy of money. He said money included any checking account deposits. The marginal utility of gold on th...
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2. The Origin and Decline of the Austrian School: Menger, Böhm-Bawerk, and Wieser from 2005-06-07T00:00
Where the classical economists had gone wrong was to speak of goods as if they were abstract classes. The Austrians noted that their value theory did not talk about concrete units and could not ...
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3. The Revival of the Austrian School: Mises and Rothbard from 2005-06-07T00:00
There were reasons for the decline of the Austrian School before its revival and rebirth by Mises and Rothbard. There was an Israel Kirzner view in the 1970s that the Keynesian avalanche had bur...
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