An Introduction to Austrian Economics

A Course with Patrick Barron October 1 through October 22, 2009 This course will review the tenets of classical, nineteenth-century, free market liberalism.  Starting with universally accepted laws of human action, such as that man acts purposefully, an elegant structure of economic theory emerged based upon the sanctity of the …(Read More)

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Myths and Fallacies

Austrian School economist Patrick Barron will question much of what you are told is the cause of our current financial crisis. He will argue that the actions government is taking to end it and prevent it from happening in the future cannot succeed but, on the contrary, are deepening the …(Read More)

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On Money: Returning to the Gold Standard

The only successful currency ever known to man is one that is backed by a commodity of lasting value.  All fiat currencies are inherently unstable and lead to massive inflation, unrest, and even societal disintegration. In order to understand why a commodity backed money is so desirable, one must understand …(Read More)

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