For those coming to to Austrian Economics for the first time, it can seem a daunting process.
There are hundreds of books to choose from and many different strands of the tradition, mainly emanating from Menger, via Wieser through to Hayek and Kirzner, or via Böhm-Bawerk through to Mises and Rothbard, with much cross-fertilisation along the way. Fortunately, there is an easy beginning, which is the book Economics in One Lesson (available online in either HTML or PDF format), by Henry Hazlitt, who for many years attended the Mises Seminar, in New York.
If even this is too much for the uninitiated, there is an excellent series of 11 lectures delivered by arguably the two most important current representatives of the Misesian line of Austrian Economics; Jörg Guido Hülsmann and Hans-Hermann Hoppe.
The lectures covered are:
- Mises and the Austrian School (Hülsmann)
- Value, Utility and Price (Hülsmann)
- Division Of Labor and Money (Hoppe)
- The Theory of Banking (Hoppe)
- Capital and Interest (Hoppe)
- Praxeology: The Austrian Method (Hoppe)
- Business Cycle Theory (Hülsmann)
- The Economics of Deflation (Hülsmann)
- Theory and History (Hoppe)
- Welfare Economics (Hülsmann)
- Law and Economics (Hoppe)
You can access these lectures directly via YouTube. Or for ease of use, you can click through each lecture, one after the other, on the Lew Rockwell site.
See also
Our primer.
Not forgetting that you can actually use the YouTube playlist of them – which will advance through them one by one here and, whilst not this series yet, there is much yummy goodness for iTunes users at the Mises Institute’s iTunesU(niversity) site (will try to open in iTunes).
[...] prepared yourself for this task with either Economics in One Lesson or Economics for Real People, as a basic training programme in ropes and crampons, this superb [...]
Thank you for pointing me toward this. I have been studying Austrian Economics on my own for a few years and doing my best to spread the word to others.
This series of lectures should be a big help! =)
[...] Economics in One Lesson [...]
[...] that! To learn more, here’s the webpage for the Cobden Centre. The Cobden Centre also endorses Austrian economics (think von Hayek and Mises). This is the man Steven Baker wants to honor. [...]
[...] that! To learn more, here’s the webpage for the Cobden Centre. The Cobden Centre also endorses Austrian economics (think von Hayek and Mises). This is the man Steven Baker wants to honor. [...]
I noticed that James took down “Economic in One Lesson” HTML book a while ago. However, I’ve it it up here:
http://steshaw.org/economics-in-one-lesson/