Calculation and Knowledge

The case for the privatization of roads has much to recommend it if only in terms of how it would affect the power of the police to detain us, search us, and seize our property. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: "How Government Roads Expand Police Power in America".

Download the slides from this lecture at Mises.org/MU20_PPT_09. Recorded at the Mises Institute in Auburn, Alabama, on 14 July 2020.

Ryan McMaken, an economist and editor of Mises.org, joins the show to consider Part Five of Human Action: "Social Cooperation without a Market." This section of the book provides Mises's updated exposition of socialism, the impossible project of substituting 'One Will' for the subjective actions and preferences of everyone in society. Mises gives us the history behind support for socialism, and th...

We continue our series on Human Action with Professor Per Bylund of Oklahoma State University.  Dr. Bylund and Jeff Deist consider Part Three of the book, "Economic Calculation," considering Mises's conception of value and the folly of attempting to define a "unit of value" in a highly subjective world. They discuss socialism and the elementary theory of value and prices; inputs and outputs i...

In the second installment of our series on Mises's Human Action, Dr. David Gordon joins the show to walk us through Part One. The beginning of the book is considered its most "philosophical" material, where Mises lays out the basics of praxeology and epistemology as fundamental to understanding economics. Dr. Gordon and host Jeff Deist consider each of the book's first seven chapters, with topics...

When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all. Original Article: Why the Government Can't Measure Income, Happiness, or Well-Being.

Recorded at the Mises Institute in Auburn, Alabama, on 16 July 2019.

Pages 17–32 in the text. Narrated by Jim Vann.   

Pages 83–116 in the text. Narrated by Jim Vann.   

Pages 223–254 in the text. Narrated by Jim Vann.   

Pages 33–54 in the text. Narrated by Jim Vann.   

Pages 173–198 in the text. Narrated by Jim Vann.   

Pages 117–150 in the text. Narrated by Jim Vann.   

Pages 55–82 in the text. Narrated by Jim Vann.   

Pages 199–222 in the text. Narrated by Jim Vann.   

Pages 9–16 in the text. Narrated by Jim Vann.   

Pages 151–172 in the text. Narrated by Jim Vann.   

Joe Salerno is Academic Vice President of the Mises Institute and one of the world’s leading economists in the Rothbardian tradition. He discusses his intellectual roots, as well as his scholarly work on money and banking. But Bob also asks Joe to recount some of his funny adventures with Murray Rothbard. For more information, see BobMurphyShow.com. The Bob Murphy Show is also available on iTunes,...

Recorded at the Mises Institute in Auburn, Alabama, on July 17, 2018.

Murray N. Rothbard (1926–1995) was one of the most important participants in Ludwig von Mises’s seminar, and undoubtedly the premiere Austrian economist of the twentieth century. Here, David Gordon discusses Rothbard’s contributions to economic theory and their broader historical context. In his 1962 Man Economy and State, Rothbard built on Mises’s work and further developed the complete dedu...

The Ludwig von Mises Memorial Lecture, sponsored by Dr. John Brätland. Includes introductory remarks by Joseph Salerno. Presented at the Austrian Economics Research Conference at the Mises Institute in Auburn, Alabama, on 10 March 2017.

Recorded at the Mises Institute in Auburn, Alabama, on 29 July 2016.

Recorded at the Mises Institute in Auburn, Alabama, on 29 July 2016.

Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2016.

Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2016.