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The Future of Austrian Economics

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This is the famous speech by Murray Rothbard given in the days following the collapse of the Soviet empire. His exuberance is palpable has he explains the meaning of it all for the place of liberty in the history of civilization. A brilliant scholar and passionate defender of Liberty, Professor Murray Rothbard (1926-1995) was dean of the Austrian School of economics, holder of the S.J. Hall Chair at the University of Nevada, Las Vegas, and Academic Vice President of the Ludwig von Mises Institute. The author of 17 books and thousands of articles, the foremost Misesian economist, the father of modern freedom theory, and the most delightful personality in the profession, this great teacher here spellbinds an audience of students, faculty, and business leaders in the "Future of Austrian Economics," at the 1990 Mises University at Stanford. Only Austrian economics, Rothbard shows, can explain the collapse of socialism/communism and tell us what should replace it: laissez-faire capitalism. There is a lesson here as well, he shows, for dealing with the Leviathan in Washington, D.C.

Channel: News & Politics
Uploaded: February 22, 2006 at 9:04 pm
Author: misesmedia

Length: 49:38
Rating: 4.70
Views: 18857

Tags: anarchy  Austrian  economics  freedom  libertarian  liberty  mises  rothbard  

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inkus2000 (August 16, 2008 at 2:50 am)
douche ? Im an Austrian ! As was my my father before me - Sir Duncan William Meriwether the 5th. Anyone know where I can buy one of those trendy suits Rothbard wears ?
Moragauth (August 14, 2008 at 3:38 am)
You're arguing against a douche.
Moragauth (August 14, 2008 at 3:37 am)
He's a troll who specializes in copying/pasting shit he cannot even understand. Ignore him. He's a moron.
inkus2000 (August 3, 2008 at 1:51 am)
Yea it would be ever so detrimental to our way of life if the lower class's organized and used the state as a medium to further their interests. So it stands that we must trick them into believing that we share the same interests - maybe give them a bigger slice of the pie and whatnot, to relieve tensions.Democracy - workers hmph good for nothing ragamuphins !
inkus2000 (August 3, 2008 at 1:46 am)
Yea damm those thieving bastards ! Stealing form my hard earned surplus val/ I mean profits. And for what ? Too educate other peoples kids ? The less fortunate bah pish posh - I grew wealthy from my own hard work and determination - it had nothing to do with social factors ! nothing to do with genetics or the fact that my father was the largest industrialist in England and left me wit/ ... eh never mind.
inkus2000 (August 3, 2008 at 1:40 am)
Its not free mark/ oh wait yea of course - I got yea ;)
lordweaselfreak (August 1, 2008 at 8:51 am)
maybe if there was severly limited goverment these problems wouldnt manifest themselves and at the other extreme those businesses benefiting from government involvement would be state owned like the farms in cuba
averageworkinggal (July 30, 2008 at 1:19 am)
I didn't know that Jay Leno had an uncle.Does Jay let his uncle Murray drive any of his car collection?
cassidy1478 (June 30, 2008 at 12:01 am)
what you are describing is not free market capitalism but is either neo-mercantilism, american-style democratic socialism, corporatism or facism. any and all will apply. None of which describe Austrian Economics or true Free Market Capitalism. If you listened to Rothbard or studied Mises, this fact would be more than evident. Good luck in your studies.
NoTSerious21 (June 24, 2008 at 12:32 am)
What are you on about man. Government theft (taxation/inflation) is theft. Whether they're spending their ill gotten gains on the less wealthy (your idea of socialism) or on their business allies in despotism (what you'd call Corporatism) it's nonetheless THEFT. Socialism is not socially ethical because it requires concentrated government control in the monopolization of legalized robbery and corruption. The mises Institute and it's intellectuals exposes the lies and dangers of collectivism!!
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