Economics in One Lesson: Part 2 | Thomas J. DiLorenzo

Recorded during the 2008 Mises University, Jeffrey Tucker interviews Thomas DiLorenzo on the topic of Henry Hazlitt's classic book "Economics in One Lesson." This is the second in a series of twelve interviews with leading Austrian Economists discussing each chapter of Hazlitt's book.

Category:

News & Politics

Tags:

• Hazlitt
• One
• Lesson
• DiLorenzo
• Mises
• Institute
• Interview
• Freedom
• Liberty
• Property
• Peace
• Auburn

[WarVideo]

ANy war that takes place is destructive, period. The world would be a better place if wars never taken place. But If war is defensive it is not necessarilly destructive, expecially if its aimed at destroying destroyers.i.e. the intiators of force. That war does not create, it just preserves.

[NicNasty1981]

Hey i seen this ages ago. Austrian school economics kicks ass. Also check out Peter Schiff. The master of Austrian School watch?v=6G3Qefbt0n4

[irliving]

im no economist, but u dont have to destroy something to create a new job, because the universe is infinite u can just keep exploring it and building new things forever without destroying anything, i dont know, it just seems logical, the things that they say to lower masses arent necesarly true

[LinearCry]

@WarVideo : Does "self-defense" include defense from oppression? If so, I'd probably agree with you. When the lives of soldiers are sacrificed for liberty and to save more lives in the long run, that war is not merely destructive in the short term, as all wars are, it is also constructive overall. That is the calculus I am describing.

[WarVideo]

@LinearCry

War can be necessary to liberate?but to liberate who and for what? The only proper justification for engaging in a war is for self-defence, not for altruistic crusades to liberate foreigners. Those types of wars ARE destructive, becuase they sacrifice the lives of soldiers. And how is creation or a net value calculuse justification for any war?Thats rationalistic nonsense, War is an issue of justice and survival.

[WarVideo]

@WarVideo

I think i was drunk when i wrote this.

[LinearCry]

@WarVideo : War must be considered relative to the alternatives and across all time, not merely in isolation. War can be necessary in order to liberate, thereby making greater creation possible. These future creations enabled by war must be weighed against the war's immediate destructiveness in order to calculate its net value.

[FoolProofName]

True, yes, we as humans must be on our toes to combat the destroyers, unjust, and unrighteous. That is what I stand for. I believe that the evils of the world are manipulation, suppression of freedom, oppression by tyranny, suffering caused by tyranny, hate is evil especially without cause if there is cause to hate, uncalled for sorrow is wrong because it leads to giving in and giving up, exploitation of ppl at their expense, slavery of any kind including ones desires wo control and corruption

[FightBadIdeas]

I'd love to, but I don't have that kind of time right now...

[TodMcInerney]

I think they would welcome somone like yourself who obivously knows Engish & Portuguese to give it a crack (go).

[FightBadIdeas]

It would be realy nice to have a translation of this book to Portuguese. Why don't you guys from the Mises Institute work on it? We realy need it here in Brazil!