Austrian School

  “Conservative liberalism” is a hybrid political tendency that seeks to construct a balanced synthesis between liberty and tradition, market and state, individualism and social convention. Although liberals and conservatives have often formed tactical alliances in the domain of public policy, at the level of theoretical foundations, they are generally understood as two divergent intellectual […]

Hayek, the knowledge problem, and the question no central planner can answer Cambridge. Early 1930s. A Keynesian economist leans across the table and asks Friedrich Hayek a question he clearly considers decisive. “Is it your view that if I went out tomorrow and bought a new overcoat, that would increase unemployment?” Hayek pauses. The question […]

1. What is productivity according to the Austrian School of Economics? The Austrian School of Economics views productivity as the successful alignment of subjective consumer demands with efficient, time-structured production. It rejects aggregate statistical averages, emphasizing instead that true productivity arises from entrepreneurial innovation, capital investment, and time preference (the decision to save rather than […]

Chapters: 0:00 – The First Family of Austrian Economics 1:24 – What Carl Menger Actually Revolutionized 3:44 – The Secret Second Edition 5:49 – The Brother Who Argued Back 7:44 – Teaching the Crown Prince 9:11 – Hermine Andermann: The Mother of Austrian Economics 11:34 – Karl Menger Jr.: A Name to Live Up To […]

Chapters: 0:00 – The Greatest Survival Story in Intellectual History 1:33 – Mises’s Private Seminar and the Anschluss 5:03 – Exile in America: Building a Side Door 13:34 – Chicago vs. Austrian: Logic vs. Data 15:49 – Argentina, the Internet, and Milei’s Rise 18:17 – Will Austrian Ideas Return to Europe?