austrian

Learn Austrian Economics

Money
**What Has Government Done to Our Money? and The Case for a 100 Percent Gold Dollar by Murray N. Rothbard;
mp3 audio
**The Ethics of Money Production by Jörg Guido Hülsmann (should be read after the title above);
.pdf here
Gold, Peace, and Prosperity (.pdf) by Ron Paul;
mp3 audio
“Money, Banking, and the Federal Reserve” (documentary, via Google Video)
“Did Greenspan Deserve Support for Another Term?” (.pdf) by Joseph T. Salerno (
mp3 audio)
“The Path to Sound Money” (mp3 audio) by George Reisman
“The Economics of Inflation” (mp3 audio) by George Reisman

The Business Cycle
“Predicting Booms and Busts” (mp3 audio) by Mark Thornton“
Banking and the Business Cycle” (mp3 audio) by Joseph T. Salerno
Deflation and Liberty by Jörg Guido Hülsmann;
audiobook
Audio (in mp3 audio):
“On Deflation” by Joseph T. Salerno
“The Economics of Deflation” by Jörg Guido Hülsmann
“The Gold Standard in Theory and Myth” by Joseph T. Salerno

“The History of Foreign Aid Programs” (mp3) by Thomas E. Woods, Jr.(These critiques of development aid are not specifically Austrian, but may be of use to those interested in Austrian economics.)
Additional Readings in Austrian Economics

Introduction to Austrian Economic Analysis: A Ten-Lecture CourseThis course with Professor Joseph Salerno of Pace University, courtesy of the
Ludwig von Mises Institute, is available in both video and mp3 audio at the links below. Recommended supplemental reading follows each lecture.
Lecture 1: Scarcity, Choice, and Value —
Audio and
VideoPercy L. Greaves, Jr.,
Understanding the Dollar Crisis, pp. 1-20, 27-54Milton M. Shapiro, Foundations of the Market-Price System,
pp. 81-113Thomas C. Taylor,
An Introduction to Austrian Economics, pp. 40-51 (ch. 4)
Lecture 2: Exchange and Demand –
Audio and
VideoShapiro,
pp. 31-58,
115-78
Taylor, pp. 12-39 (chs. 2-3)Leonard Read,
“I, Pencil”
Lecture 3: The Determination of Prices —
Audio and
Video
Greaves, pp. 65-91Shapiro,
pp. 179-233
Taylor, pp. 52-62 (ch. 5)Murray N. Rothbard,
The Mystery of Banking, pp. 15-27 (online pp. 14-23)
Lecture 4: Price Controls: Case Studies —
Audio and
Video
Lecture 5: Profit, Loss, and the Entrepreneur —
Audio and
Video
Taylor, pp. 74-89 (ch. 7)Ludwig von Mises,
“Profit and Loss,” in Mises, Planning for Freedom and Sixteen Other Essays and Addresses, pp. 108-30
Lecture 6: Pricing of the Factors of Production and the Labor Market —
AudioHenry N. Sanborn, What, How, For Whom: The Decisions of Economic Organization,
pp. 112-85
Taylor, pp. 63-73 (ch. 6)
Greaves, pp. 105-32Murray N. Rothbard,
“Restrictionist Pricing of Labor,” in Rothbard, The Logic of Action Two
Lecture 7: Capital, Interest and the Structure of Production —
AudioShapiro,
pp. 235-60Mark Skousen,
The Structure of Production, pp. 133-49Richard Fink,
“Economic Growth and Market Processes,” in Fink, ed., Supply-Side Economics: A Critical Appraisal, pp. 372-94
Lecture 8: Competition and Monopoly —
AudioShapiro,
pp. 319-72Sanborn,
pp. 62-65Hans Sennholz,
“The Phantom Called ‘Monopoly,’” in Bettina B. Greaves, ed., Free Market Economics: A Basic Reader, pp. 162-69Sudha R. Shenoy,
“The Sources of Monopoly,” in New Individualist Review, pp. 793-96
Lecture 9: Money and Prices —
Audio
Greaves, pp. 141-67Rothbard,
What Has Government Done to Our Money? pp. 1-96 (
online, chs. I-III;
online .pdf, pp. 7-48).Rothbard,
The Case Against the Fed, pp. 29-69 (or Rothbard,
The Mystery of Banking, pp. 77-177; online, pp. 52-108)
Lecture 10: Banking and the Business Cycle —
AudioLudwig von Mises, et al.,
The Austrian Theory of the Trade Cycle and Other Essays, Read: Garrison, Introduction and Summary; Mises’s essay and Rothbard’s essay.
Taylor, pp. 90-95 (ch. 8 )
Additional Introductory Lectures in Austrian EconomicsThe Mises University, the Ludwig von Mises Institute’s week-long summer instructional program in Austrian economics, amounts to a crash course on the subject. Consult the Mises University
audio archive for many additional lectures.