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Tim Terrell offers a critical examination of higher education’s economic structure, exploring how federal subsidies, credential inflation, and misaligned incentives have driven rising costs and declining academic rigor. Drawing on Austrian insights, he questions whether universities still serve the…
Through a detailed, real-time narrative, Tom Woods examines the inconsistencies, unintended consequences, and bureaucratic incentives behind lockdowns, mask mandates, and public health messaging. Supplemented by empirical data and firsthand accounts, the lecture highlights the human and institution…
Lucas Engelhardt explores the economics of interventionism, tracing Ludwig von Mises’s core argument that state interference in markets is both self-defeating and inherently unstable. Building on insights from Rothbard, Ikeda, and Higgs, Engelhardt examines why interventionism persists despite its …
Bob Murphy examines Henry Hazlitt’s treatment of inflation in Economics in One Lesson, highlighting key insights on monetary expansion, Cantillon effects, and the distinction between nominal and real variables. The lecture offers a clear, Austrian perspective on why inflation distorts rather than e…
Tate Fegley analyzes the deep state through the lens of Austrian economics, showing how bureaucratic insulation, lack of economic calculation, and political incentives lead to cronyism and inefficiency. Focusing on defense procurement and media influence, he argues that systemic dysfunction—not bad…
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