Austrian Economics Overview

“Poverty” by Robert LeFevre.

Recorded at Mises University 2003.

Recorded at Mises University 2001.

Boom, Bust, and the Future (32:32) January 18-19, 2002

Many believe that if governments would just issue greater quantities of money then all problems would be solved. In truth that would create unsurmountable problems by lowering the purchasing power of each money unit. Money is the one good that is not made better by increasing its supply.

Recorded at Mises University 2001.

Recorded January 18-19, 2002.

Minimum wage laws force unemployment up. All of those with few skills looking for an entry position will be denied because they cannot add enough value to the business labor field to be paid minimum wage. Unemployment follows minimum wage hikes. Marginal workers are being denied the labor market.

Recorded at Mises University 2005.

Recorded at Mises University 2003.