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Boom, Bust, and the Future (26:53) January 18-19, 2002

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

Recorded at the 2003 Supporters Summit:  Prosperty, War, and Depression . (24:29)

Presented as part of the Mises Institute’s Austrian Workshop seminar series on 22 June 2004 in Auburn, Alabama.

Mark Thornton discusses the irrational fear of deflation at this Austrian Workshop seminar. Recorded at the Mises Institute in Auburn, Alabama, on 29 June 2004.

Recorded 10/16/2004 at Radical Scholarship: The Guerrilla Movement for Liberty. [20:43] 

Presented as part of the Brown Bag Seminar series. Recorded at the Mises Institute in Auburn, Alabama, on 13 January 2005.

The Economics of the Civil War should instruct us in ways that the history of the Civil War might not. Cotton had much to do with what the war was about. Slavery as a cause of the Civil War is a modern development. How did the Union win the war? How did the aftermath of the war affect our own lives? What lessons can benefit us? The blockade was

Recorded 15 January 2005 at  The Trouble with Taxation Conference , Charlottesville, Virginia.

Opportunity cost is the proper economic basis for specialization and trade in resources. Opportunity cost is the highest value you give up when you make a choice. It was Confederate government policy that caused misallocations on the part of the South, making it inefficient and wasteful. A few of those bad policies were: drafting soldiers,