Monday , June 1 2020
Home / Mises Institute /Human Action Part Four with Dr. Jeffrey Herbener

Human Action Part Four with Dr. Jeffrey Herbener

Summary:
We dive into Part Four of Human Action with Professor Jeffrey Herbener, Chair of the Economics Department at Grove City College. This is a fantastic discussion of money and market exchange, with Mises proving timely as ever given the current financial meltdown and crazed response from Washington. Dr. Herbener and Jeff Deist cover catallactics and how imaginary constructs help us understand basic economics; markets as a system of social cooperation; how ordinal preferences find expression in money prices; the structure of production; consumer sovereignty; Mises’s conception of monopoly; and the various media of exchange which complicate what ought to be the market’s provision of commodity money. Use the code HAPOD for a discount on Human Action from our bookstore: Mises.org/BuyHA.

Topics:
Mises Institute considers the following as important:

This could be interesting, too:

Chris Vermeulen writes Comparing Bitcoin to Other Sectors – Risk vs. Value

Frank Holmes writes Wheels Up! Economic Recovery Could Be Faster Than Expected

Mises Institute writes Two Analogies for the Economy That the Media Keeps Getting Wrong

Mises Institute writes Defining “Inflation” Correctly

We dive into Part Four of Human Action with Professor Jeffrey Herbener, Chair of the Economics Department at Grove City College.

This is a fantastic discussion of money and market exchange, with Mises proving timely as ever given the current financial meltdown and crazed response from Washington. Dr. Herbener and Jeff Deist cover catallactics and how imaginary constructs help us understand basic economics; markets as a system of social cooperation; how ordinal preferences find expression in money prices; the structure of production; consumer sovereignty; Mises’s conception of monopoly; and the various media of exchange which complicate what ought to be the market’s provision of commodity money.

Use the code HAPOD for a discount on Human Action from our bookstore: Mises.org/BuyHA.

Additional Resources

Human Action: Mises.org/HumanAction

Bob Murphy’s Study Guide to Human Action: Mises.org/Study

Powered by WPeMatico

Mises Institute
The Mises Institute, founded in 1982, teaches the scholarship of Austrian economics, freedom, and peace. The liberal intellectual tradition of Ludwig von Mises (1881-1973) and Murray N. Rothbard (1926-1995) guides us. Accordingly, we seek a profound and radical shift in the intellectual climate: away from statism and toward a private property order.

Leave a Reply

Your email address will not be published. Required fields are marked *