Liberty and Economics

What kind of man was Ludwig von Mises? As this unique film shows, Mises (1881-1973) was a man who never stopped fighting for freedom: not when the Nazis burned his books, not when the Left blackballed him at universities, not when it seemed as if statism had won. With courage and genius, he fought big government until the day he died ... in 25 books, hundreds of articles, and more than 60 years of teaching.

Mises's battles against Communists, Nazis, and other socialists, are featured in this film, as are his ideas of Liberty. There is also the old Vienna he loved, the Bolshevik prime minister he dissuaded from Communism, and a cast of villains from Lenin to Hitler, as well as such supporters and students as Murray Rothbard, Ron Paul, Bettina Greaves, M. Stanton Evans, Mary Peterson, Joseph Sobran, and Yuri Maltsev.

Among his many accomplishments, Mises showed that socialism had to fail, that central banking causes recessions and depressions, that the gold standard is honest money, and that only laissez-faire capitalism is fully compatible with Western civilization.

Mises was the twentieth century's foremost economist, and one of its most important champions of Liberty. Here is a film that does justice to this extraordinary man, and to his equally extraordinary ideas.

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News & Politics

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• Ludwig
• von
• Mises
• Austrian
• Economics
• Liberty
• Freedom
• Capitalism
• Free
• Market
• Socialism

[Scrufflemut]

The most enjoyable thing about this video is the thought that this conversation took place.

Rothbard: Professor Mises, I hear you're writing a new book. What's it on?

Mises: Everything.

Thumbs up from those who've read Human Action!

[USTreasuryBond]

Ron Paul 2012!!!!

[eflaspo]

Free Enterprise Has a Hard Time Providing Public Goods. Private firms can provide goods and services only if they can at least break even doing so. Public goods are essentially open to the public and can't be kept private. Governments can force people to pay for public goods. They do this by levying taxes and using the tax revenues to pay for public goods, such as national defense, police departments, lighthouses, public fireworks displays, basic scientific research, and so on.

[eflaspo]

Very slick low-key propaganda. Free market capitalism is fine as long as it remains free. Unfortunately, human nature is not always that of honor and integrity. In a free market, there will always be those people who will find ways to rig the system in his or her own favor. Government must provide the regulations necessary to prevent monopolies, collusion, and other attempts to subvert the system.

[DavidByrne85]

This doesn't even rise to the level of a soviet propaganda film.

[Vdrummer182]

"Ludwig von Mises was teaching thinking... " so true... so true

[IBloodSweatTears]

@MrBigEnchilada Id take them all (Including Henry Hazlitt) & put them into 1 Austrian Super Being Economist.

Thus, creating the ultimate understanding of global economics theory. Creating the perfect economist. His name?

Roicyeklettman or,

Misbard von Yekfriedlitt. Or...

Friedbard von Hazyekman.

[CaptainSkeletor]

I've just ordered a copy of Human Action!

[Dirge987]

Wtf is Ron Paul doing there? That's awesome!

[wearechangewestv]

@kingnat2 possibly because it wasn't a free market to begin with

[kingnat2]

@ElJefer What evidence? All I see the free market do is fluctuate from okay to complete shit. How will massive deregulation make my life better? Convince me.

Oh and so you know, Mises was very emotionally charged about his fear of "Communism" which is what he thought the USSR was, which displays his lack of knowledge of left wing economics.