C.Jay discusses a recent article on the importance of understanding economic theory and of using the true economic ideas for the promotion and defense of liberty. Civilization depends on it.

Shaun Ritenour joins C.Jay to discuss the Austrian tradition of causal-realism and the evergreen importance of approaching economic problems via the implications of human action.

Bretigne Shaffer and Jeremy Hammond talk with C.Jay about medical freedom, media propaganda, and the importance of skepticism and dissent in light of the social push for vaccinations across the United States.

In this episode, we talk with Bob Murphy about a recent essay in Jacobin Magazine by Doug Henwood entitled Modern Monetary Theory Isn’t Helping. The essay offers a criticism of MMT from a socialist perspective and includes a helpful discussion about the background and roots of the MMT trends.

In this episode, we review the meaning of socialism and describe its historical definition and compare it with the message that is being pushed by the contemporary trend of so-called democratic socialism.

On the contribution of the Austrian School that clarified the component of the market process that guided resources across the stages of production in a rational and productive way.

An overview of the Marxian theory of the capitalist as exploiter and how Bohm-Bawerk dismantled the Exploitation Theory by leveraging Mengerian subjective theory of value.

Recently, Ben Lewis was on the Tom Woods show to talk about his essay on the thought of Frank Meyer. Specifically, Ben and Tom interact with the struggle that the traditionalist conservatives faced in relating their thought to the rising individualist-libertarian wing of the so-called right.

Ben Lewis and C.Jay get into the conservative case against war and help offer some guidance to those libertarians who interact with people on the right. Many on the right are completely perplexed, today, about the very idea of being even hesitant toward war. But we think there is an important case to be made for being an "antiwar conservative."

What an honor to talk with Peter Klein about entrepreneurship theory!

Peter Klein is the Carl Menger Research Fellow of the Mises Institute and Professor of Entrepreneurship at Baylor University. He is an Adjunct Professor of Strategy and Management at the Norwegian School of Economics. He earned his PhD in economics at the University of CA in Berkeley and is a former Associate Editor of The Collected Works of F. A. Hayek.

In this episode, Peter and I touch on a number of issues relating to the contributions of the Austrian School in the realm of entrepreneurial theory.

We discuss how the theory of the entrepreneur helps set the Austrian School apart from general Neo-classical economics. We relate the Misesian role of the entrepreneur to Mises’ distinction of profit vs. bureaucratic management.

Peter comments on entrepreneurial theory as it relates to the socialist calculation debate, and distinguishes between Israel Kirzner and Murray Rothbard’s interpretation of Mises as to the function of the entrepreneur in a market economy.