How People Determine the Value of a Good
In contrast to the imaginary way that mainstream economists present value, Austrian economists properly use ordinal rankings to determine value.
In contrast to the imaginary way that mainstream economists present value, Austrian economists properly use ordinal rankings to determine value.
Many conservatives, in trying to steer the USA away from "wokeism," fail to understand that their “national greatness” schemes are just as harmful.
Professor Quinn Slobodian believes that free markets must lead to tyrannical worker exploitation, and socialism is the only solution. In truth, market competition is the answer.
David Gordon take a critical look at Markus Gabriel's Moral Progress in Dark Times, and although he finds parts that are disturbing, he also discovers important areas of agreement.
Philosopher Michael Huemer creates a challenge to the a priori methodology, but David Gordon answers the bell.
Although most of Europe has long forgotten Misesian thinking, Prince Michael of Liechtenstein is an exception.
Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented.
Recorded at the Mises Institute in Auburn, Alabama, on July 28, 2023.