The Continuing Relevance of Austrian Capital Theory

03/09/2012 Nicolai J. Foss

The F. A. Hayek Memorial Lecture. Recorded March 9, 2012, at the Ludwig von Mises Institute in Auburn, Alabama. Includes an introduction by Joseph T. 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.