Tonight's live podcast discussed a revolutionary new economic perspective: New Institutional Economics. Powered by Riverside.fm, we discuss fundamental flaws of mainstream economic theories of both studying and applying economics. Specifically, I discuss how many ideas behind New Institutionalism such as institutions and bargaining power( ideas disregarded by mainstream economics) prove better methods of studying economics than neoclassicism. I also incorporate my own research on the presence of monopolies and economic structures to discuss fundamental ways by which economic inequalities can be resolved and pose the question, are we looking at it all wrong?

Enjoy!

We discuss the debates surrounding the creation of the US Constitution and its impact on the economic and political development of the United States

We discuss the debates surrounding the creation of the US Constitution and its impact on the economic and political development of the United States

Today we analyze the flaws of the Rational Behavior Assumption, particularly the lack of consideration for group behavior 

I had the honor to have a discussion with the renowned Economist Mark Thornton of the Ludwig von Mises Institute on the Austrian View of Economics. Earning a Ph.D from Auburn University, Mr. Thornton has been actively involved in the public debate over economic theory over the past several decades. In Part 3, we discuss the Austrian free market ideal and delve into several economic proposals supported by the Austrian School including the minimum wage hike, Medicare For All, and Negative Interest Rates.

I had the honor to have a discussion with the renowned Economist Mark Thornton of the Ludwig von Mises Institute on the Austrian View of Economics. Earning a Ph.D from Auburn University, Mr. Thornton has been actively involved in the public debate over economic theory over the past several decades. In Part 4, we delve into economic inequality, specifically, the role of private property, classic liberalism, and the theory of communism, along with drawbacks of classical economic assumptions like the Rational Choice Assumption. 

I had the honor to have a discussion with the renowned Economist Mark Thornton of the Ludwig von Mises Institute on the Austrian View of Economics. Earning a Ph.D from Auburn University, Mr. Thornton has been actively involved in the public debate over economic theory over the past several decades. In Part 2, we discuss the Austrian School's View of the Role of Government in Society. We delve into issues with democracy, the importance of a government that protects property rights, human rights, and ensures a free market, and the Gold Standard as a fixed rate of money.

I had the honor to have a discussion with the renowned Economist Mark Thornton of the Ludwig von Mises Institute on the Austrian View of Economics. Earning a Ph.D from Auburn University, Mr. Thornton has been actively involved in the public debate over economic theory over the past several decades. In Part 1, we discuss the basics of Austrian Economics, including it's view on inflation, price determination, supply and demand, government, and the '08 financial crisis. In Part 2, we discuss the role of government.