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Great Conversation with Mises Institute Economic Professor, Dr. Jonathan Newman

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Manage episode 444583822 series 1230158
Inhalt bereitgestellt von Dave Campbell. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Dave Campbell oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

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Summary
In this conversation, Dr. Jonathan Newman discusses the principles of Austrian economics, emphasizing the importance of private property, the implications of price controls, and the significance of understanding economic concepts like the Diamond-Water Paradox. He highlights the need for economic education, particularly in the context of inflation and government intervention, and advocates for resources provided by the Mises Institute to foster critical thinking and informed decision-making in economics.
takeaways
Austrian economics is based on logical deduction and individual freedoms.
Private property is essential for economic growth and freedom.
The Diamond-Water Paradox illustrates the concept of marginal utility.
Thinking like an economist involves considering long-term effects and all groups affected by policies.
Inflation is primarily caused by government actions, particularly money printing.
The uneven effects of inflation disproportionately harm those on fixed incomes.
Education should be free from state control to promote critical thinking.
The Mises Institute provides valuable resources for economic education.
Understanding the division of labor is crucial for economic efficiency.
Propaganda influences public perception of economic issues.
Titles
The Case Against Price Controls
Decoding the Diamond-Water Paradox
Sound Bites
"Price controls are a bad idea."
"Private property is the bedrock of a free society."
"The Diamond-Water Paradox explains subjective value."
Chapters
00:00
Introduction to Austrian Economics
06:51
The Importance of Private Property
10:13
Understanding the Diamond-Water Paradox
12:58
Top Economic Lessons for Young Economists
28:20
Inflation: Causes and Consequences
34:29
The Role of Propaganda in Economics

Support the show

"Wherever you find yourself is exactly and precisely where God wills you to be"

Thanks for listening to Clarity from Chaos

  continue reading

332 Episoden

Artwork
iconTeilen
 
Manage episode 444583822 series 1230158
Inhalt bereitgestellt von Dave Campbell. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Dave Campbell oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

Send us a text

Summary
In this conversation, Dr. Jonathan Newman discusses the principles of Austrian economics, emphasizing the importance of private property, the implications of price controls, and the significance of understanding economic concepts like the Diamond-Water Paradox. He highlights the need for economic education, particularly in the context of inflation and government intervention, and advocates for resources provided by the Mises Institute to foster critical thinking and informed decision-making in economics.
takeaways
Austrian economics is based on logical deduction and individual freedoms.
Private property is essential for economic growth and freedom.
The Diamond-Water Paradox illustrates the concept of marginal utility.
Thinking like an economist involves considering long-term effects and all groups affected by policies.
Inflation is primarily caused by government actions, particularly money printing.
The uneven effects of inflation disproportionately harm those on fixed incomes.
Education should be free from state control to promote critical thinking.
The Mises Institute provides valuable resources for economic education.
Understanding the division of labor is crucial for economic efficiency.
Propaganda influences public perception of economic issues.
Titles
The Case Against Price Controls
Decoding the Diamond-Water Paradox
Sound Bites
"Price controls are a bad idea."
"Private property is the bedrock of a free society."
"The Diamond-Water Paradox explains subjective value."
Chapters
00:00
Introduction to Austrian Economics
06:51
The Importance of Private Property
10:13
Understanding the Diamond-Water Paradox
12:58
Top Economic Lessons for Young Economists
28:20
Inflation: Causes and Consequences
34:29
The Role of Propaganda in Economics

Support the show

"Wherever you find yourself is exactly and precisely where God wills you to be"

Thanks for listening to Clarity from Chaos

  continue reading

332 Episoden

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