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Liberty and Economics

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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.

Channel: News & Politics
Uploaded: February 23, 2006 at 5:42 pm
Author: misesmedia

Length: 00:37:49
Rating: 4.76
Views: 44850

Tags: Ludwig von Mises Austrian Economics Liberty Freedom Capitalism Free Market Socialism

Video Comments:
hymnofashes (November 18, 2008 at 4:54 pm)
The fundamental problem with laissez-faire economies is that there is a demand in the market for devices and individuals whose purpose is to subvert the market itself by monopolizing information, creating barriers to entry, destroying equality of opportunity, or most commonly creating value for private shareholders by cannibalizing goods in the public sphere.

I agree about the gold standard, though.
hymnofashes (November 18, 2008 at 3:43 pm)
Markets are defined by regulation. (Patent regulations, delimited public goods, etc.) and economies are also subsets of the natural environment. Production decisions are generally consumer-driven, but often also by political forces or the preferences of those who either produce, seize, or happen to inherit (look at the Saudis) valuable capital.

I have those reservations about 'free' markets.
teenflunkie (October 27, 2008 at 11:39 am)
I'm a science/math type but I was once very clueless about economics. So I read Human Action ( well most of it ). I was amazed that I could KNOW economics ( through Misean epistemological methodology ). I also came to discovery that ignorance of economics usually leads to unsound or disatrous political thinking or doctrines. Mises is a very important fellow indeed.
scientistwriter (October 31, 2008 at 5:51 pm)
dude im the same as you haha.
mj011n1r (November 6, 2008 at 1:13 pm)
Same here.
voister81 (November 10, 2008 at 10:51 pm)
I plan to read Human Action. Man, as a guy in Science(math) I came to realize Social Science IS NOT CRAP :)). Maybe much more interesting than science!! I'll buy Human Action now.
Moragauth (October 25, 2008 at 3:41 pm)
I am a consumer and nothing you say will reduce me to a "citizen".
Moragauth (October 25, 2008 at 3:36 pm)
I agree. Make sure you do it in a way that you die slowly and painfully.
Moragauth (October 25, 2008 at 3:35 pm)
Why don't you shut up you retarded crank? You're the liar here. Fucking idiot, judging Mises with your propaganda-induced beliefs. Crawl under a rock and die.
inthebluescrossroad (October 25, 2008 at 1:17 am)
at 4:40 he forgot to mention bush clinton bush senior and almost every other american president...
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