Nice video. Good to see the word spreading. Check out this presentation I made Alex. It's on prezi . com and just search Austrian Business Cycle Theory.
Would you leave a comment and let me know what you think?
My site is rothbardinstitute . com, send me a message.
Good explanation Alex, helped to clarify it for me. I am just finishing up Economics in One Lesson by Hazlett. Not sure what is next, maybe the home study course from the Mises Institute. Maybe Rothbard's The Great Depression, I have Human Action so I will start chipping away at that. I have also started reading Wealth of Nations for an historical background. The more I read in Austrian Econ the more interested I become, it is fascinating and explains how the world works, everything is economics
at 3:14 you said interest rates would naturally drop. I wouldn't really use that term. some people don't understand the fucntions of that part of banking...so small explenations as to why/how the interest rates fall artificially will be helpful to someone coming into it for the first time. Like explaining discount rates and how that ties into the expanding money and credit...etc. The more individuals know just how it works. The more you expose the phoney system...but other than that cool..
"Could you do a quick video explaining how Austrian economic principles can be used by everyday people (investors, business owners, workers) to improve their lives and wallets?"
Well, Austrian Ecnomics allows you to see the world in a different light. The business world can improve their lives and wallets in many ways. Within the ABCT (austrian business cycle theory) you begin to see how the capital goods, and commodity industries get hit first in a depression.
Could you do a quick video explaining how Austrian economic principles can be used by everyday people (investors, business owners, workers) to improve their lives and wallets? =)
i love the effort to dress up to explain austrian economics against a horders dream as a backdrop (fook)
ilindah 1 month ago
Very good explanation. Very clear. @AlexMerced what is your favorite Austrian book?
printo69 2 months ago
Thank you for this video. It nicely complements the other videos on business cycle theory
karelyou2 4 months ago
Awesome. Really nice explanation. Just What I was lokning for.
TheArnholdt 6 months ago
There are so many people who love Austrian economics!!
SirTenenbaum 6 months ago
That is a huge pile of trash behind him.
evangrogers 7 months ago
@evangrogers
XD
fountainherz 6 months ago
Nice explanation!
robin007bond 7 months ago
It would be better if you had a screen behind you.
Seeing your clothes, and looking like you're filming from your bedroom, negates the wearing a tie, to look professional.
CarMoves 1 year ago 2
Nice video. Good to see the word spreading. Check out this presentation I made Alex. It's on prezi . com and just search Austrian Business Cycle Theory.
Would you leave a comment and let me know what you think?
My site is rothbardinstitute . com, send me a message.
RothbardInstitute 1 year ago
Good explanation Alex, helped to clarify it for me. I am just finishing up Economics in One Lesson by Hazlett. Not sure what is next, maybe the home study course from the Mises Institute. Maybe Rothbard's The Great Depression, I have Human Action so I will start chipping away at that. I have also started reading Wealth of Nations for an historical background. The more I read in Austrian Econ the more interested I become, it is fascinating and explains how the world works, everything is economics
mdpatriot07 1 year ago
at 3:14 you said interest rates would naturally drop. I wouldn't really use that term. some people don't understand the fucntions of that part of banking...so small explenations as to why/how the interest rates fall artificially will be helpful to someone coming into it for the first time. Like explaining discount rates and how that ties into the expanding money and credit...etc. The more individuals know just how it works. The more you expose the phoney system...but other than that cool..
fabolous2482004 1 year ago
So, in order to protect you're self, a business woman or man, may want to shift thier savings into gold, silver, agriculture, oil, machinery etc.
fabolous2482004 1 year ago
"Could you do a quick video explaining how Austrian economic principles can be used by everyday people (investors, business owners, workers) to improve their lives and wallets?"
Well, Austrian Ecnomics allows you to see the world in a different light. The business world can improve their lives and wallets in many ways. Within the ABCT (austrian business cycle theory) you begin to see how the capital goods, and commodity industries get hit first in a depression.
fabolous2482004 1 year ago
Could you do a quick video explaining how Austrian economic principles can be used by everyday people (investors, business owners, workers) to improve their lives and wallets? =)
Thank you
BlueTunisia 1 year ago
@BlueTunisia mises institute will help you with that... look up walter block, tom woods... robert murphy
cobracarg 1 year ago
AWESOME VIDEO!!
BlueTunisia 1 year ago
very good synopsis!
RadioFreeWisconsin 1 year ago