Video: An Introduction to Austrian Economics (Part 1 of 9): Menger, Mises and Hayek

by Richard M. Ebeling | Sep 2, 2016 | Economics

Austrian Economics is the most powerful explanation of why governments, no matter how well-intentioned, lack the knowledge, wisdom and ability to direct the lives of multitudes of people better than those people can do for themselves.

Austrian Economics is the most powerful explanation of why governments, no matter how well-intentioned, lack the knowledge, wisdom and ability to direct the lives of multitudes of people better than those people can do for themselves.

In this series of easy-to-understand lectures, economist Richard Ebeling introduces you to the central ideas in Austrian Economics, as well as their importance for us today. Richard is the BB&T Distinguished Professor of Ethics and Free Enterprise at The Citadel, former president of The Foundation for Economic Education, and the former Ludwig von Mises Professor of Economics at Hillsdale College where he also served as head of the economics department.

Launched in conjunction with a new ebook entitled Austrian Economics & Public Policy at Amazon.com , this lectures series why and how it is that all these attempts at government social engineering have failed and often with disastrous consequences.

Buy the book here.

Richard M. Ebeling

Dr. Richard M. Ebeling is the recently appointed BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel. He was formerly professor of Economics at Northwood University, president of The Foundation for Economic Education (2003–2008), was the Ludwig von Mises Professor of Economics at Hillsdale College (1988–2003) in Hillsdale, Michigan, and served as vice president of academic affairs for The Future of Freedom Foundation (1989–2003).

The views expressed above represent those of the author and do not necessarily represent the views of the editors and publishers of Capitalism Magazine. Capitalism Magazine sometimes publishes articles we disagree with because we think the article provides information, or a contrasting point of view, that may be of value to our readers.