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Economics 101
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Murray Rothbard: Economics 101
Murray Rothbard's writing always displayed the clarity of a first-ratemind, but it is listening to him teach that reveals the humor, the wit,the sheer fun of experiencing his genius.
Murray N. Rothbard: Economics 101 collects onto one MP3CD (advanced CDplayers and personal computers) ten hours of lectures and speeches fromthe early 1970s to the early 1990s.
He is speaking in a small classroom setting, explaining economics fromthe ground up, and systematically in the manner of a classic 101 courseon the topic--but with a revolutionary approach. Free-wheeling,generously peppered with anecdotes, packed with humor (and the man'sown infectious laughter), Murray Rothbard's lectures on free-marketeconomics range from the most basic foundation of supply and demand tothe complexities of fractional reserve banking and the business cycle.
Along the way, you will learn what money is and what it is not, whereinterest and profit come from and what role they play in theconservation of natural resources, what determines labor wages, whathappens when wages are set artificially through the intervention of thestate, and what role labor unions play in the welfare of those insideand outside the union.
The first seven lectures have been organized so that each one builds onthe others, culminating in a two-hour explanation of banking. Lectureeight is a whirlwind summary of Misesian economics -- "Mises in OneLesson" -- and the last track of the disc is an inspiring speech, givenshortly after the fall of the Soviet Union, on the future of Austrianeconomics.
After listening to these ten hours of audio, you will know more real economics than most econ majors.
1. Demand and Supply, Consumer Goods, Prices and Exchange
2. Money and Prices
3. Capital, Interest and Profit
4. Labor
5. Labor and Unions
6. Conservation and Property Rights
7. Banking and the Business Cycle
8. Mises in One Lesson
9. The Future of Austrian Economics
Also available at www.mises.org