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The Tom Woods Show

Ep. 447 Woods and Murphy Are Pro-Choice, or: Mises Made Easier

The Tom Woods Show

Tom Woods

Politics, Government, News

4.83.4K Ratings

🗓️ 16 July 2015

⏱️ 37 minutes

🧾️ Download transcript

Summary

Bob Murphy's new book Choice -- a digestible, easily understood overview of the arguments in Ludwig von Mises' Human Action -- is getting reviews as enthusiastic as any I have ever seen. We discuss the book, and controversial topics in Austrian economics, in today's episode!

Transcript

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0:00.0

The Tom Woods Show, episode 447.

0:03.7

Prepare to set fire to the index card of allowable opinion.

0:08.3

Your daily dose of Liberty Education starts here, the Tom Woods Show.

0:14.4

If you need a telephone solution for your business that answers your calls, routes your calls,

0:20.0

and transcribes voice messages

0:22.0

into emails and texts, then get your free 30-day trial at E-voice through tomwoods.com

0:29.4

slash e-voice.

0:30.6

Hey everybody, Tom Woods here.

0:32.6

Very glad to welcome Bob Murphy, back to the show.

0:35.6

Robert P. Murphy has a new book available. It's like a Meez's Made Easier. It takes the ideas of human action, Meesa's Great Treatise, and puts them in digestible form with some elaborations by Bob himself. The book is called Choice, and the subtitle is Cooperation, Enterprise, and

0:57.2

Human Action. You can get the direct Amazon link through tomwoods.com slash choice. Great book.

1:05.5

I have a very enthusiastic blur for this book inside in the first few pages. It is a wonderful book if you are

1:12.6

intimidated by the great treatise by Mises, human action. So we're going to have some fun talking

1:18.1

about Austrian economics and some controversial topics like how the Austrians do economics

1:23.0

and how it's different from the mainstream with their approach. The Austrians have a deductive approach to economics,

1:30.3

which is viewed with suspicion and scorn by the so-called mainstream. But as Bob will show, it actually is the only approach that makes any sense to doing economics.

1:40.3

So forget about aping the physical sciences. Economics is something different.

1:45.0

Bob, of course, holds his PhD in economics from New York University.

1:50.0

He is research assistant professor at the Free Market Institute at Texas Tech University as of this fall.

1:58.0

He is a research fellow of the Independent Institute, which publishes this book,

2:03.6

choice, and he is the author of numerous books in his own right. And I've told you about a bunch of

2:10.0

them in the past. They will all be linked at tomwoods.com slash 447, which is today's show notes page.

...

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