Historically as countries opened up the economies the world property went down. Even to provide welfare you need a really Strong market economy to find it. I am baffled how socialists advocate for policies which will stagnate growth altogether and bring everyone down
I am reading all of von Mises books and Murray Rothbard. Finished about 6 pr 7 each. Rothbard's history of colonial America is a must for understanding all the issues we deal with today especially the Constitution. All available on mises.org for sale or free PDFs.
I liked how the one speaker seemed to chide von Mises a little for being intransigent. Then the video closed by praising him for being intransigent. I like it!
I’d say Thomas Sowell has done that for me more than Mises. Although I’d definitely say mises has been a huge influence on me and Sowell for that matter.
Proud to hear Mr. Ebeling and Mr. Tucker speak so eloquently and informedly on such a giant as Mises. All due respect to Prof. White as well. Happy 100th to Mises' outstanding calculation insight.
True, same with Hayek. After the great war it was illegal for Austrians to use von in their name, but when they went to the US and Hayek earlier to the UK, based on their birth certificate the english and the americans continued to call them von Hayek and von Mises despite they themselves not using it.
The only thing I take issue with is the last comment: "He fought and he fought and he fought without ever seeing any evidence that he was ultimately right." I'm guessing - and of course it is only a guess - that KNOWING he was right was enough for him.
It takes sound, principled people to further this brilliant ideology. As long as there is state governance, i.e., an apparatus which cannot exist without placing limits, and in many cases oppression, upon the human race, applied Austrian Economics will continue to be only a seed. The challenge will be how do we who desire to be truly free cultivate this seed?
Da muss ich also Mises-Kenner (beschäftige mich seit meiner Jugendzeit, also seit ca. 40 Jahren mit Mises und seinen Werken und bin beruflich ebenso - als Unternehmensberater - mit Ökonomie beschäftigt) jedoch folgendes klarstellen: Mises sieht in seiner Praxeologie eine apriorische Wissenschaft und keine empirische Wissenschaft. Die Praxeologie von Mises ist durchaus vergleichbar der Logik oder auch der Mathematik mit dem einzigen wesentlichen Unterschied, dass sich die Praxeologie der unumkehrbare "Zeitkomponente" (historische Zeit) bedient und sich zwar auf die Wirklichkeit bezieht (begrifflich und vollinhaltlich), diese Wirklichkeit jedoch aufgrund unendlich vieler Einflussgrößen sich jedoch einer empirischen Untersuchung entzieht. Ich würde so sagen: Man benötigt die Mises´sche Ökonomie zum Klären der Gedanken und zum Klären von Zusammenhängen; sie ist sozusagen die Vorstufe zu einer möglicherweise empirischen Wissenschaft, die jedoch aus Mises´scher Sicht nicht Ökonomie sein kann. Denn Ökonomie ist die "Logik des Handels" und das nicht nur wirtschaftlicher Natur, sondern allem menschlichen Handelns.
My notes, - 5:00 "how do you set the direction?" "which durection are we going to?" "who decide it" After relinquishing the thing that enabled us to set direction, in order to avoid making the wrong direction that consequently to pain and suffering, how then we make the right decision after we relinquish our faculty of making decision? How are we going to feel good if we disbanded our organ that enabled us to feel in order for us to avoid feeling pain? The absurdity of the Satanic proposal, satanic logic, Marxist, Socialist, Communist. That thing - value common denominator, needed to make rational decision. The tool to help making decision of hierarchy of trend, urgency that will respect everyone's sovereignty, not violating anyone's rights. Gin,
Mises was never the Chief Economist for the University of Vienna. He was Chief Economist for the Austrian Chamber of Commerce. He was never given a full-time academic post at the University of Vienna, not because he was Jewish, but because the University asked the Jewish community first and they did not like Mises, so they opposed him being hired.
I preferred Mr. Ebeling's calm and collected analysis over Mr. Tucker's. The former laid out the facts and left the viewer to make their own conclusion. The latter sounded like he was doing a readthrough of a high school drama script.
@2:45 AHEM!!!! "The Theory Of Money and Credit" was innovative because it treated MONEY as a COMMODITY... It was not about "Business Cycle Theory" !!!! Well.... Maybe a little bit... IMHO
@@alejandrokaplan7243 If theft is taking innocent peoples property with violence, threats of violence, and fraud. Then taxation is most certainly theft. If the government held its self to the same standards as it holds everyone else it would be in jail.
Although a lot of what mises said was correct there is a huge failure in his theory. -there has to be regulation the rub is for said regulation to not eliminate capitalist effectiveness. Example the housing dumpster fire of 2008. The market did not self regulate well it was garbage. So I reject complete laisse faire ideology just don’t know what the correct amount of regulation is or should be.
GFC was caused by government creating a state-backed monopoly in the credit market, which they then forced to make loans to risky borrowers. At the same time, interest rates were kept low for a while and therefore bad investments began accumulating. This all burst as bad borrowers began defaulting. None of this is the central fault of the free market, it was the fault of government.
@@bensupit8991 I didn’t blame it on the free market and do concur the government was greatly at fault example providing loans to people who were dishwashers for $500k because it had been argued by black supremacist that not enough black people owned homes in America. My point was / is that complete laisse faire doesn’t work rather mild / moderate levels of governance are required as argued by Milton Friedman. Example I enter into an agreement to get a house built of true highest quality. Everything seems great BUT in order to save money the contractor uses asbestos BUT doesn’t tell me.
It isn’t null and stiff remains valid, countries like the USSR or even modern Socialist countries had computers and yet they still fail, nice try dummy.
I tried to read money and credit. He's so long winded and indirect. His sentences are too convoluted. I couldn't get through more than a few chapters. Nobody has time for this. He could have been more direct and "economical" and reduced it to 33% at least. I'm in a reading kick. I want knowledge and understand and wisdom. I'm ready to roll up my sleeves and do the hard math. I'm not book shy but I really wish he would just be more direct and make his points, give me the takeaways because I probably won't finish it. I don't know what the point would be
The God of Moses and Elijah is at the door. He is about to rapture His people. Those of you who desire eternal life need to seek Jesus Christ before it's too late. He is returning for a Holy and Righteous people. These are the End Times. Everything written in the book of revelation will be fulfilled. If you're willing, now is the time to repent and prepare for the return of the King.
@@donqpaul5551 No, the consumer becomes governed by market mechanisms. With no regulations that means labor (consumers, because consumers are also laborers) are treated as a commodity subjected to the mechanisms of the market. If a person is a commodity in a labor market than they cannot regulate the same market they are subjected to. Check out The Great Transformation by Karl Polanyi
Funny that a Jew would support fascism. Mises wrote in the 1927 book: "It cannot be denied that Fascism and similar movements aiming at the establishment of dictatorships are full of the best intentions and that their intervention has, for the moment, saved European civilization". I know that he didn't like imperialism - but if he really understood capitalism he would have known that the very nature and heart of capitalism is greed, winner take all, absolute monopoly mentality - in other words, everything that impedes the progress of the human soul. Capitalism privatises profits and socialises debt and if left unchecked will take humanity back to the sword and sandal days at best.
@Angryman64 That isn't capitalism, it's crony since it supports a big company that has losses. Which is not good because it only makes the gap between the Richard and the poor higher
This reminds me of Sinclair's "the jungle" when it comes to unregulated free market. Capitalism at that point looks like communism. What's the point of exchanging supplies if it's tainted, damaged, etc? Everyone gets screwed. Poor people in America already have a taste of communism. It's called food pantries, clothes donation, vouchers, etc. You are confined to only living in certain places and have your income capped. But ironically it's capitalism that created it by not keeping wages up with production and reinvestment in the company's workers rather than stock buy backs. Companies already don't pay corporate tax so why is it the same amount that would have gone to corporate tax not reflected in salary expenses? There's only so much advertising for a product will do especially if that product is doing more harm than good. You don't have to degrade and dumb down the masses to sell something, but only if you knew it was shit to begin with.
@@ExPwner this world is hell and is unsalvageable. The demonic humans here deserve each other. Any concept of good here is a perverted distortion of evil. Wages aren't keeping up you capitalist dog. The rich and powerful are stripping benefits, bonuses, hours, or increasing hours with no overtime while inflating prices. The devil teases with a little, while taking it all
@@ExPwner you mean greedy cost cutting fucks disband entire departments and jobs that took five people to run more efficiently is now given to one person with the pay rate of one position. And people wonder where the fuck customer service went. Or why productivity is actually lagging in some industries. Or why wait times are increases, less quality control, more recalls, etc. The minute an employee gripes or whistle blows about fucked up shit that'll cost more in the long run they get terminated. STFU you demonic fuck. Go do some blow and masterbate to child porn you sick fuck
If everyone studied Mises we would double our wealth within a decade
Historically as countries opened up the economies the world property went down.
Even to provide welfare you need a really Strong market economy to find it. I am baffled how socialists advocate for policies which will stagnate growth altogether and bring everyone down
Should be a prerequisite before being a government official
@@glimoreganajai2206 lol I think you said that to the wrong person
@@gabbar51ngh property or poverty
pro trick : you can watch movies at Flixzone. Been using it for watching loads of movies lately.
Makes me want to read a Mises book
Расстрелять! Shoot!
Read Human Action. It is a must.
Please do read at least one of my books.
I am reading all of von Mises books and Murray Rothbard. Finished about 6 pr 7 each. Rothbard's history of colonial America is a must for understanding all the issues we deal with today especially the Constitution. All available on mises.org for sale or free PDFs.
Did you read one? If not, what is stopping you?
"Freedom is to be found only in the sphere in which government does not interfere. Liberty is always freedom from the government." Ludwig von Mises
It's funny how these chaps only objected to government power when it was used to help ordinary people. Quite happy to use it to enrich themselves
But if it's corporations, it's ok
I liked how the one speaker seemed to chide von Mises a little for being intransigent. Then the video closed by praising him for being intransigent. I like it!
Fun fact: intransigence.org/ is a communist publication
My respect for Ludwig Von Mises only grows even more.
Your words honor me. Thank You.
Ludwig!
(Throws gang sign)
He name was enough tbh
Liberals are so weird 😭
@@kurtjohansson1265 😂😂
This is inspiring, especially the last sound bites. Good stuff, thank you.
greatest author ever to write. No one has altered my ideology more than Mises
Cheers! I am happy to hear that I have had a positive effect on you.
@@ludwigvonmises5504 hey
I’d say Thomas Sowell has done that for me more than Mises. Although I’d definitely say mises has been a huge influence on me and Sowell for that matter.
Rothbard
Ideology is bravado; philosophy is courage.
The best social scientist I have ever heared of.
Yea I like Marx to
@@kaneeason1741 xddd
Proud to hear Mr. Ebeling and Mr. Tucker speak so eloquently and informedly on such a giant as Mises. All due respect to Prof. White as well. Happy 100th to Mises' outstanding calculation insight.
Jeff, Mises did not keep the "von". He signed his letters in America as "Ludwig Mises" as far as I remember.
True, same with Hayek. After the great war it was illegal for Austrians to use von in their name, but when they went to the US and Hayek earlier to the UK, based on their birth certificate the english and the americans continued to call them von Hayek and von Mises despite they themselves not using it.
Both Mises and Hayek have my respect and trust.
Mises was the greatest economist who ever lived, period!
Thank You! Your very kind.
What about adam smith?
Nah that’s Hayek
@@Admiral2Kolchak That's actually a damn good debate/discussion worth having.
Hayek and milton friedman
It's a shame I haven't heard of Mises work on money and credit. It's a bigger shame my school didn't teach me about Ludwig van Mises.
I am and was me.
Great interview, especially the appearance of Bruce Willis
The only thing I take issue with is the last comment: "He fought and he fought and he fought without ever seeing any evidence that he was ultimately right."
I'm guessing - and of course it is only a guess - that KNOWING he was right was enough for him.
My boy Ludwig getting some love.
Excellent!
Got to know about Ludwig today. His legacy prevails despite financial greed throughout the decades
One of my favorite books by Mises is: 'Human Action A treatise of economics. I revere the work of this great historian
Very well done video. I’ve studied Mises for some time and yet learned new things here. Keep up the great work AIER,.
Good video!
something great!!!!with his ideology
Thank You.
Mises was a great champion of capitalism…a great inspiration
Very interesting 🤔
It takes sound, principled people to further this brilliant ideology. As long as there is state governance, i.e., an apparatus which cannot exist without placing limits, and in many cases oppression, upon the human race, applied Austrian Economics will continue to be only a seed. The challenge will be how do we who desire to be truly free cultivate this seed?
Great Man
Thank You.
@@ludwigvonmises5504 is that u
Yes awesome
Huge respect.
Da muss ich also Mises-Kenner (beschäftige mich seit meiner Jugendzeit, also seit ca. 40 Jahren mit Mises und seinen Werken und bin beruflich ebenso - als Unternehmensberater - mit Ökonomie beschäftigt) jedoch folgendes klarstellen: Mises sieht in seiner Praxeologie eine apriorische Wissenschaft und keine empirische Wissenschaft. Die Praxeologie von Mises ist durchaus vergleichbar der Logik oder auch der Mathematik mit dem einzigen wesentlichen Unterschied, dass sich die Praxeologie der unumkehrbare "Zeitkomponente" (historische Zeit) bedient und sich zwar auf die Wirklichkeit bezieht (begrifflich und vollinhaltlich), diese Wirklichkeit jedoch aufgrund unendlich vieler Einflussgrößen sich jedoch einer empirischen Untersuchung entzieht. Ich würde so sagen: Man benötigt die Mises´sche Ökonomie zum Klären der Gedanken und zum Klären von Zusammenhängen; sie ist sozusagen die Vorstufe zu einer möglicherweise empirischen Wissenschaft, die jedoch aus Mises´scher Sicht nicht Ökonomie sein kann. Denn Ökonomie ist die "Logik des Handels" und das nicht nur wirtschaftlicher Natur, sondern allem menschlichen Handelns.
My notes,
- 5:00 "how do you set the direction?"
"which durection are we going to?"
"who decide it"
After relinquishing the thing that enabled us to set direction, in order to avoid making the wrong direction that consequently to pain and suffering, how then we make the right decision after we relinquish our faculty of making decision?
How are we going to feel good if we disbanded our organ that enabled us to feel in order for us to avoid feeling pain?
The absurdity of the Satanic proposal, satanic logic, Marxist, Socialist, Communist.
That thing - value common denominator, needed to make rational decision.
The tool to help making decision of hierarchy of trend, urgency that will respect everyone's sovereignty, not violating anyone's rights.
Gin,
I realy don't like the excessive praising of men, but man he was outstanding!
In Germany we call him an "Ehrenmann"
Good man
I used to read about LUDWIG VON MCDUCK.
Ludwig von Mises is my preferred human after Jesus.
Mises was never the Chief Economist for the University of Vienna. He was Chief Economist for the Austrian Chamber of Commerce. He was never given a full-time academic post at the University of Vienna, not because he was Jewish, but because the University asked the Jewish community first and they did not like Mises, so they opposed him being hired.
Source?
@the man lmfao
8:13 Keep the remnant.
❤
He was an Austrian
Portuguese subtitlle please
Eu entendo um pouco, mas o canal não autorizou que fizessem tradução ainda.
Anybody else here because of the UFC 😅😅😅
💯 Moicano is telling you to learn about the connections between Mises and bitcoin
I preferred Mr. Ebeling's calm and collected analysis over Mr. Tucker's. The former laid out the facts and left the viewer to make their own conclusion. The latter sounded like he was doing a readthrough of a high school drama script.
Your analysis is spot on! 100%agreed!
no comment
@2:45 AHEM!!!! "The Theory Of Money and Credit" was innovative because it treated MONEY as a COMMODITY... It was not about "Business Cycle Theory" !!!! Well.... Maybe a little bit... IMHO
Joe Morton good thing it’s an opinion
Komentář kvůli algorytmům.
Making anarchocapitalism mainstream lmao
TheLukaursic what
Taxation is theft!
Lucas Rodrigues no it is not
#include
int main()
{
int x=0,i,range;
long int arr[100];
printf("
Enter the number range: ");
scanf("%d",&range);
arr[0]=0;
arr[1]=1;
for(i=2;i
@@alejandrokaplan7243 If theft is taking innocent peoples property with violence, threats of violence, and fraud. Then taxation is most certainly theft. If the government held its self to the same standards as it holds everyone else it would be in jail.
Although I do not agree with his side of the capital debate I do thank him for the contributions to socialism and communism
Im jealous Russia didnt have such people
🧚🏻♂️🌌🦅🤗
The Gay fella is creepy Von he kept Von
Although a lot of what mises said was correct there is a huge failure in his theory.
-there has to be regulation the rub is for said regulation to not eliminate capitalist effectiveness. Example the housing dumpster fire of 2008. The market did not self regulate well it was garbage. So I reject complete laisse faire ideology just don’t know what the correct amount of regulation is or should be.
GFC was caused by government creating a state-backed monopoly in the credit market, which they then forced to make loans to risky borrowers. At the same time, interest rates were kept low for a while and therefore bad investments began accumulating. This all burst as bad borrowers began defaulting. None of this is the central fault of the free market, it was the fault of government.
@@bensupit8991 I didn’t blame it on the free market and do concur the government was greatly at fault example providing loans to people who were dishwashers for $500k because it had been argued by black supremacist that not enough black people owned homes in America. My point was / is that complete laisse faire doesn’t work rather mild / moderate levels of governance are required as argued by Milton Friedman. Example I enter into an agreement to get a house built of true highest quality. Everything seems great BUT in order to save money the contractor uses asbestos BUT doesn’t tell me.
Glad we could use computers for his big question now. Almost like his greatest question is now null.
Imagine all the libertarians that keep on coming up with the ecp thinking they have a gotcha
It isn’t null and stiff remains valid, countries like the USSR or even modern Socialist countries had computers and yet they still fail, nice try dummy.
Computers do not solve the ECP. Communists are idiots
@@Itsmespiv4192we do because you still have not addressed it dipshit
@@ExPwnerIndeed! That's because all communist states solved the ECP.
3:00 central banks do what now! 🤣🤣🤣
Mises was an intelligent person and had a very interesting life. Too bad he was wrong on many things about economics.
Please refute your retarded comment
*Real Capitalism hasn't been tried!*
"He's just a dude all the rich Libertarians like!"
Damn, wonder if that's why they're rich...
I tried to read money and credit. He's so long winded and indirect. His sentences are too convoluted. I couldn't get through more than a few chapters. Nobody has time for this. He could have been more direct and "economical" and reduced it to 33% at least. I'm in a reading kick. I want knowledge and understand and wisdom. I'm ready to roll up my sleeves and do the hard math. I'm not book shy but I really wish he would just be more direct and make his points, give me the takeaways because I probably won't finish it. I don't know what the point would be
Socialism comes from the depths of hell!!)
Comes from a place far deeper and far worse.
The God of Moses and Elijah is at the door. He is about to rapture His people. Those of you who desire eternal life need to seek Jesus Christ before it's too late. He is returning for a Holy and Righteous people. These are the End Times. Everything written in the book of revelation will be fulfilled. If you're willing, now is the time to repent and prepare for the return of the King.
Thanks for video, explaining who was this dumb No Name from rap-battle with Marx
The true tragedy was that when he died he didn't go to paradise because he rejected the Lord Jesus Christ ✡️ 🕎
I'm not a marxist by any means, but the idea that you shouldn't have any regulation whatsoever is dogmatic.
A market unregulated by government is stilled regulated by the consumer.
@@donqpaul5551 No, the consumer becomes governed by market mechanisms. With no regulations that means labor (consumers, because consumers are also laborers) are treated as a commodity subjected to the mechanisms of the market. If a person is a commodity in a labor market than they cannot regulate the same market they are subjected to. Check out The Great Transformation by Karl Polanyi
Straw man
Monopolies. Only regulation that matters
Funny that a Jew would support fascism. Mises wrote in the 1927 book: "It cannot be denied that Fascism and similar movements aiming at the establishment of dictatorships are full of the best intentions and that their intervention has, for the moment, saved European civilization". I know that he didn't like imperialism - but if he really understood capitalism he would have known that the very nature and heart of capitalism is greed, winner take all, absolute monopoly mentality - in other words, everything that impedes the progress of the human soul. Capitalism privatises profits and socialises debt and if left unchecked will take humanity back to the sword and sandal days at best.
How does Capitalism socialize debt? Only governments can do that, through bailouts.
Capitalism is OK, The problem is Crony Capitalism.
@Angryman64 But that will continue to create problems for the poor and the middle class
@Angryman64
Why is no-one start to protest against this ?
@Angryman64 That isn't capitalism, it's crony since it supports a big company that has losses. Which is not good because it only makes the gap between the Richard and the poor higher
This reminds me of Sinclair's "the jungle" when it comes to unregulated free market. Capitalism at that point looks like communism. What's the point of exchanging supplies if it's tainted, damaged, etc? Everyone gets screwed. Poor people in America already have a taste of communism. It's called food pantries, clothes donation, vouchers, etc. You are confined to only living in certain places and have your income capped. But ironically it's capitalism that created it by not keeping wages up with production and reinvestment in the company's workers rather than stock buy backs. Companies already don't pay corporate tax so why is it the same amount that would have gone to corporate tax not reflected in salary expenses? There's only so much advertising for a product will do especially if that product is doing more harm than good. You don't have to degrade and dumb down the masses to sell something, but only if you knew it was shit to begin with.
The Jungle was a work of fiction literally written by a socialist for propaganda purposes.
Wages do track with productivity.
@@ExPwner this world is hell and is unsalvageable. The demonic humans here deserve each other. Any concept of good here is a perverted distortion of evil. Wages aren't keeping up you capitalist dog. The rich and powerful are stripping benefits, bonuses, hours, or increasing hours with no overtime while inflating prices. The devil teases with a little, while taking it all
@@deathwish0000 wrong. The long run literature does show wages track with productivity moron
@@ExPwner you mean greedy cost cutting fucks disband entire departments and jobs that took five people to run more efficiently is now given to one person with the pay rate of one position. And people wonder where the fuck customer service went. Or why productivity is actually lagging in some industries. Or why wait times are increases, less quality control, more recalls, etc. The minute an employee gripes or whistle blows about fucked up shit that'll cost more in the long run they get terminated. STFU you demonic fuck. Go do some blow and masterbate to child porn you sick fuck