Rothbard Speaks:
Audio Clips and Tapes from
Lectures of Murray N. Rothbard
EDITED BY WENDY MCELROY
(These short clips are just the beginning. Full MP3 files of full Rothbard lectures available at the Mises Institute Audio Library. In particular, Rothbard teaches a full course in economics. Feel free to download and burn CDs for your own or classroom use.)
History of Economic Thought (Part 2)
(Posted October 20, 2000)
- What is the key to Marx? (2 min, 22 secs)
- What is Marx's Theory of Value and its main flaw? (1 min, 58 secs)
- What was the pietist movement in America that arose in the 1820s? (3 min, 30 secs)
- What or who was the beginning of modern economics? (2 mins, 19 secs)
- When was the first government paper money? (24 secs)
- Who were the Physiocrats? (2 mins, 56 secs)
- What was Turgot's contribution to economics? (1 min, 13 secs)
- Why do people think that Adam Smith 'founded' modern economics? (2 mins, 39 secs)
- Who was the first major figure in the Scottish Enlightenment tradition? (36 secs)
- How do you differ from Hayek's interpretation of Mandeville? (32 secs)
- What are Adam Smith's deviations from laissez-faire? (2 mins, 55 secs)
Austrian Theory (Part 2)
(Posted October 20, 2000)
- Who has been generally credited with "founding" Austrian economics? (23 secs)
- This view has changed to include Menger. How do you think this affects Austrian history? (46 secs)
- What was Bishop F?n?lon's plan to bring laissez-faire to France? (1 min, 36 secs)
- What was one of Mises' favorite quotations? (18 secs)
- What was Menger's basic contribution? (50 secs)
- What is your view of the English classic school of economics? (1 min, 24 secs)
- How do "mathematical economists" view the Austrian rejection of math? (41 secs)
- What do you think of Alfred Marshall (author of Principles of Economics)? (1 min, 55 secs)
- How do you sum up Menger's contribution to Austrian Economics? (24 secs)
- What was Bohm-Bawerk's contribution? (45 secs)
- What was Bohm-Bawerk's main criticism of Menger? (1 min, 28 secs)
- Why has Bohm-Bawerk been attacked by "nihilist" forces within Austrianism? (38 secs)
- What is your favorite quotation on Marx? (48 secs)
The Business Cycle (Part 2)
(Posted October 1, 2000)
- Can you address the recession of 1958? (2 mins, 31 secs)
- What are the origins of the predominant theory of the business cycle? (4 mins, 17 secs)
- What is the Keynesian view of the role of government vis-a-vis the free market? (57 secs)
- How do the theories of Mises and Hayek differ? (35 secs)
- Why did the theories of Mises and Hayek originally attract attention? (1 min, 9 secs)
- Why didn't the Austrian view of the business cycle prevail? (46 secs)
- Why did the "establishment" accept Keynesianism so readily? (1 min, 3 secs)
- How did Keynes answer his critics? (27 secs)
- What about the Chicago school (Milton Friedman)? (30 secs)
- Since the FDIC there have been fewer bank failures. Isn't this a good thing? (30 secs)
- What purpose do anti-trust laws serve? (30 secs)
- How would a free market prevent monopoly? (33 secs)
Roots of the Fed
(Posted September 14, 2000)
- How did the Federal Reserve Act come about?" (4 mins, 21 secs)
- How did World War I affect the world's reliance on the gold standard? (2 mins, 58 secs)
- Why are so many free market advocates suspicious of banks? (58 secs)
- Why is investment banking particularly resented? (1 min, 38 secs)
- How does US foreign policy relate to US banking? (1 min, 10 secs)
- Why did America get into World War I? (3 mins, 46 secs)
- What is fractional reserve banking?" (1 min, 11 secs)
- Why do cartels fall apart? (1 min, 51 secs)
- What are the roots of monopoly in America? (3 mins, 30 secs)
- Explain the current alliance between government and intellectuals (2 mins, 8 secs)
Ludwig von Mises in One Lesson
- An anecdote about Mises (33 secs)
- Why was the intial response to Mises's work so poor in America? (37 secs)
- What is the essence of Austrian Economics? (40 secs)
- What is the essence of praxeology? (36 secs)
- What is the subjective theory of value? (55 secs)
- What is the role of the capitalist entrepreneur in Austrian Economics? (35 secs)
Austrian Theory (Part 1)
- What is the function of the entrepreneur in economic equilibrium? (22 secs)
- What is Mises's theory of the business cycle? (65 secs)
- How do recessions end? (39 secs)
- What supply of money is optimal? (39 secs)
The Business Cycle
- What is the basic business cycle theory developed by the Currency School? (3 mins, 40 secs)
- Why is the industrial market economy so often blamed for the busts in business cycles? (1 min, 47 secs)
- What role did government paper money play in early booms and busts? (1 min, 4 secs)
- What theories opposed the currency schools' view of the business cycle? (1 min, 2 secs)
- What is the Keynesian approach to business cycles? (1 min, 13 secs)
- What the the Austrian view of recessions? (14 secs)
- What is the Keynesian solution to depressions? (49 secs)
- How can government promote recovery from recession? (33 secs)
- Why doesn't a collapse or recession occur quickly when the money supply is expanded? (46 secs)
- What caused the depression of 1929? (2 mins, 53 secs)
- What is the proper role of the Federal Reserve? (5 secs)
- Do you predict inflation or deflation? (17 secs)
Economic Policy
- What is the calculation problem under socialism? (34 secs)
- What is the incentive problem under socialism? (48 secs)
- How does intervention cause problems? (40 secs)
History of Economic Thought (Part 1)
- What was Adam's Smith's labor theory of value (38 secs)
- How does time preference relate to 'usury?' (90 secs)
- What is the value paradox? (76 secs)
- How did the Marginal Revolution solve the diamond/water paradox? (90 secs)
TAPE EDITING BY WENDY MCELROY
