Great talk. Thanks for posting this. Austrian economics is alive and well.

Wonderful tribute to Mises by a brilliant scholar of economics himself. Many excellent insights in exactly why Mises needs to be considered important, both as an economist as well as a proponent of a free society.

@whiff1962

6 жыл бұрын

And let's not forget his praexology Brilliant man, timeless thinker.

@Atika55555

5 жыл бұрын

well Mises was his director of thesis and professor so the tribute is normal :)

@actualideas8078

3 жыл бұрын

A talmudic rabbi?

@MisesCelebrations

3 жыл бұрын

@@actualideas8078 - Ah, NO. Fascism is a form of socialism. NAZI is a shortening of the name of the party: National Socialist Workers Party - totally anti-capitalism. Mises and Kirzner fought (intellectually) against all forms of socialism, including fascism with all their energy.

@jeffblackard9753

Жыл бұрын

@@MisesCelebrations my G-d I’ve been saying the exact same thing for years and no one realizes as much.

Thank you so very much for uploading this concerto of reason by Dr. Kirzner. :)

A good clear exposition of the ' central planning' fallacy. Hence the collapse of the USSR.

Hayek used Walrassian general equilibrium analysis but only used equilibria as starting points and then explained how market processes move in tendency towards them

@kronokiler

4 жыл бұрын

exactly

Wonderfully lucid and comprehensive account of things, thank you.

38:40 economic calculation. Equilibrium economics and entrepreneurial character of market process. Dynamic competition process and non equilibrium.

Excellent lecture.

Great historic speech from a great economist about another greater one.

Excellent talk. Thank you for uploading

Very fine lecture.

One negative unlike! How? Why? IK is AMAZING.

I'm studying Austrian economics and am new to Kirzner's works. Which of his books discuss the application of time-preference and praxeology to microeconomics?

amazing

31:23 I respectfully disagree. Most of the credit must go to the Ludwig Von Mises Institute in Auburn, Alabama. They did what Mises himself couldn’t do. Take his works and educate the public about them. Under Lew Rockwell and the late Dr. Murray Rothbard they worked tirelessly to defend his writings against the academic elitists. They brought it to college students who are today Austrian economists.

@yydd4954

Жыл бұрын

They also spread propaganda They defame Mises a bit Though they are brilliant with their workrate and management But sometimes it seems they are Rothbard institute They seem to have some problem with Hayek

@banone400

8 ай бұрын

Absolutely. Their Paleo Conservative method does more damage to LvM's legacy than almost anything else.

@joeyc4492

4 ай бұрын

Yeah they are Rothbardian libertarians and not Misesian liberals. I’m definitely “Austrian” pertaining to economics but would be a libertarian/anarcho capitalist on the side of David Friedman.

A fellow Chaim Berliner!

16:50 New wave of young economist. Influence of Mises ideas.

@actualideas8078

3 жыл бұрын

Yay let’s all learn economics from Talmudic scholars.

@Jeronimus8090

3 жыл бұрын

@@actualideas8078 listen and read before write that no sense.

@actualideas8078

3 жыл бұрын

Jerónimo Mises’s ideas were Liberal. He believed in democracy

Can free market and free society economic theory advance to the fore if command economic theories are not first thrown into the dustbin of history?

I guess you'd say that he loved Mises to pieces. Badump bump CHIN!!!!

@Atika55555

4 жыл бұрын

I don't understand the joke please explain lol

"Mises is important for the intellectual history of the 20th century and beoynd!" 😚😜

I wonder what the bump on his head is from.

@polarbear9968

3 жыл бұрын

30% from deep thinking and 70% from heated debates.

"If you invest your tuppence wisely in the bank, safe and sound, soon that tuppence, safely invested in the bank, will compound and you'll achieve that sense of conquest. As your affluence expands in the hands of the directors, who invest as propriety demands." - Ludwig von Mises kzread.info/dash/bejne/iqytpJRykqfIcqQ.html

Needs a bit of levity. A bit dry and unvarying in tone but I guess this is economics, not Shakespeare.

What accent is this?

@dansonoflightning2277

20 күн бұрын

He's from South Africa

AI with super intelligence is coming and accurate central planning will be achieved based on super big data?

this is an actual Austrian economist guys, not a fraud like Rothbard and his online followers

@martonk

5 жыл бұрын

agreed

@jamesbancroft2467

5 жыл бұрын

Márton K. OMG you’re not an Anarchist lunatic either! Hooray!

@martonk

5 жыл бұрын

@@jamesbancroft2467 i'm more Hayekian or maybe Misesian than anarcho capitalist

@jamesbancroft2467

5 жыл бұрын

Márton K. we need to expel them from AE-they undermine our work in doing actual economics with their deluded political ideology & they give us a bad name

@jamesbancroft2467

5 жыл бұрын

Márton K. same

thank God the idea of socialism is just a zombie instead of alive and well

@norberthaag9345

4 жыл бұрын

Unfortunately I have to disagree. Socialism is alive and well in the USA abd around the world.

the rebbi :)

Mises is rolling in his grave today...

The only Israel I can approve.

@metal87power

7 жыл бұрын

Every state is a coercion, bro.

@metal87power

7 жыл бұрын

what's that? Do you wish to prove that Kelthuzzar's main ability is to call names before American audience in the comments? Esp. since there's so many "libtards" among them.

@metal87power

7 жыл бұрын

Start with yourself, friend.

@whiff1962

6 жыл бұрын

Well, to be sure, writing of the state and its monopoly on violence would not be "random", here on Hillsdale.

Mises destroyed the 20th.

@OrthoHoppean

3 жыл бұрын

Shut up bro 🤣

Deng Shio Ping proved a better economist than Mises, Hayak, Keynes etc. he also made socialist 'planning' work, while in USSR it failed.

@DsantosGE4PA

4 жыл бұрын

Oh yeah, for sure. ahahahahahahah

@enematwatson1357

4 жыл бұрын

Deng Xiaoping got rid of it which is indeed the only way to make it "work".