Mises U 2025

The Birth of the Austrian School


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Professor Salerno traces the birth of the Austrian School to Carl Menger’s revolutionary insight: prices emerge from human wants, choices, and the subjective value of each unit consumed.

Recorded at the Mises Institute in Auburn, Alabama, on July 21, 2025.

Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.

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Mises U 2025By Mises Institute