Production and the Firm | Art Carden

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Uploaded by on Sep 14, 2009

Presented by Art Carden at the 2009 Mises University. Recorded 28 July 2009 at the Ludwig von Mises Institute; Auburn, Alabama.

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News & Politics

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  • it is funny that in introductory economics classes they teach you this in the beginning, and then towards the end they try to unravel the whole concept with price ceilings, price floors, quotas, etc.

    Price ceilings, floors, quotas, subsidies, etc. are politically correct names for corruption. No more, no less.

  • If you can make it through the first 10 minutes of this, you find out why everyone benefits from trade.

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  • This is great - I've spent much of my free time becoming a self-educated 'economist' over the last 3.5 years (thanks in large part to the Mises Institute). I'd reached a learning plateau for a while - but I must say that I learned more from this than I had learned in a one-hour YouTube video since I discovered Hans Hoppe or Tom Woods.

  • #lol Love the updated version of Robinson Cruses ;-)

  • #lol love the updatet version of Robinson Cruses ;D

  • I wish I seen this video before I took Econ 3 (Micro Economics). Explains things more throughly than that teacher of mines, who doesn't incorperate third person trading things.

  • jungs aus De? Bin total einsam wer hat lust zu schreibn

  • That was an awesome week!

  • I'm still half way through, but I have to commend you on how you managed to succinctly economize such an overarching introducing to descriptive economics under a single lecture.

  • 13:15

    A brilliant one sentence definition of government.

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