Austrian Economics Overview
2.07. Speculation and Supply and Demand Schedules
From Man, Economy, and State, narrated by Jeff Riggenbach.
2.10. Specialization and Production of Stock
From Man, Economy, and State, narrated by Jeff Riggenbach.
2.13. Enforcement Against Invasion of Property
From Man, Economy, and State, narrated by Jeff Riggenbach.
2.02. Types of Interpersonal Action: Voluntary Exchange and the Contractual Society
From Man, Economy, and State, narrated by Jeff Riggenbach.
2.05. Determination of Price: Equilibrium Price
From Man, Economy, and State, narrated by Jeff Riggenbach.
The Tale of Two Invisible Hands
Most Americans do not know what the source of wealth is and they don't know what causes economic problems. Self-interest promotes the general interest of society. The invisible hand can deliver all. The coercive hand of government destroys all.
How Do People Make Economic Decisions?
The economic point of view holds that logic reveals that certain means - like socialism -simply cannot produce certain desired results such as social cooperation. Austrian economics realistically explains all the choices that people make to be better off.