The Political Economy of Gratuitousness

Tags: Calculation and Knowledge, Political Theory, Value and Exchange

04/04/2016 Jörg Guido Hülsmann

The Lou Church Memorial Lecture sponsored by the Lou Church Foundation. Recorded at the 2016 Austrian Economics Research Conference. Includes an introduction by Joe Salerno.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.