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The Tom Woods Show

Ep. 257 Austrian Economics vs. a Mainstream Text

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 6 October 2014

⏱️ 32 minutes

🧾️ Download transcript

Summary

Tom talks to Jeff Herbener, who's just completed a course for LibertyClassroom.com subjecting a popular college economics textbook to a systematic Austrian critique. You can get this course at LibertyClassroom.com or as a Silver, Gold, or Platinum supporter of the Tom Woods Show!

Transcript

Click on a timestamp to play from that location

0:00.0

In a world of Democrats, there will be time for them to make profits.

0:05.2

Now's not that time.

0:06.4

And Republicans.

0:07.9

I've abandoned free market principles to save the free market system.

0:12.2

You need a voice of liberty.

0:15.0

Look no further.

0:16.8

You've found it.

0:18.4

Tom Woods.

0:21.2

Beware, citizen.

0:22.9

You are now departing from the world of allowable opinion.

0:26.9

The Tom Woods Show.

0:33.6

Welcome, everybody.

0:34.7

It's Monday, October 6th, 2014, and we are starting off this week of programming with a bang

0:41.1

because we are taking the best-selling economics textbook in history and subjecting it to an Austrian critique.

0:51.7

And we're doing so with Professor Jeff Herbiner, who is the associate editor

0:57.1

of the quarterly Journal of Austrian Economics. He's the Department Chairman of Economics

1:02.1

at Grove City College, which is always ranked as one of the best four-year liberal arts colleges.

1:08.5

And of course, I think Jeff is a major, major piece of that. And he is the

1:12.8

editor of the book, The Meaning of Ludwig von Meeses, contributions in economics, epistemology,

1:19.6

sociology, and political philosophy. We're going to be talking to Jeff today in particular,

1:24.7

because he has just done something that has never been done by anyone.

1:31.3

There is nothing like it anywhere in the world for my Liberty Classroom.com website.

...

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