Presented by Murray N. Rothbard in 1972 at New York Polytechnic University.
Latest episodes
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2. Supply and Demand
In this lecture in 1972, supply and demand concepts included: preferences of consumers, prices, quantity, quality, elasticity, equilibrium, marginal utility, present goods, and pro…
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3. Advertising
Advertising has always had bad press with economists, but consumers discover that a product either works and works well, or it doesn't. Consumer wants are not artificially created…
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4. Price Controls
Price controls — triangular interventions — occur when an intervener (generally government) either compels a pair of people to make an exchange or prohibits them from making an exc…
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5. The Profit Motive
Lecture 5 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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6. Costs of the Firm
Lecture 6 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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7. Pricing of the Factors of Production
Lecture 7 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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8. Labor and Unions
Lecture 8 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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9. Labor
Lecture 9 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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10. Capital, Interest, and Profit
Lecture 10 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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11. Interest and Capitalization
Lecture 11 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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12. Conservation and Property Rights
Lecture 12 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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13. Monopoly and Competition
Lecture 13 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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14. Money and Prices
Lecture 14 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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15. Money and the Balance of Payments
Lecture 15 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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16. Banking and the Business Cycle
Lecture 16 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.
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1. Choice, Utility, and Demand
Economics begins with the concepts of scarcity and choice. If there was no scarcity it would all be free. Resources like time and materials need to be allocated to economically fea…