Summary

Austrian economics is the most powerful explanation of why governments, no matter how well-intentioned, lack the knowledge, wisdom, and ability to direct the lives of multitudes of people better than those people can do for themselves.
In this book, economist Richard Ebeling introduces you to the central ideas in Austrian economics, as well as their importance for us today.
Over the last 100 years, governments have attempted to replace people's own free actions for mutual betterment with systems of government regulation, planning, redistribution, and control. These have gone under the names of socialism, communism, fascism, National Socialism (Nazism) interventionism, welfare statism, "progressivism", the "third-way", social democracy, Keynesianism, and many others. Their common premise is that those in political authority and power can micro- and macro-manage the social and economic affairs of human society in ways better and more socially just than the free market.
Austrian economics shows why and how it is that all these attempts at government social engineering have failed and often with disastrous consequences.
So what is Austrian economics? And what makes it so important to understanding the economic policy issues we face today? Listen to this book and find out.
©2016 The Future of Freedom Foundation (P)2017 Listen and Think Audio
Show More Show Less

Regular price: £24.19

Membership details Membership details
  • A 30-day trial plus your first audiobook, free
  • 1 credit/month after trial – choose any book, any price
  • Easy exchanges – swap any book you don’t love
  • Keep your audiobooks, even if you cancel
  • Free, unlimited access to Audio Shows
  • After your trial, Audible is just £7.99/month
Select or Add a new payment method

Buy Now with 1 Credit

By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Buy Now for £24.19

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.
No Reviews are Available

Customer Reviews

Most Helpful
5 out of 5 stars
By Randy Litton on 09-10-17

A discussion of political stupidity.

Loved it. Systematic debunking of social ism and Obama think. Should be required reading for government.

Read more Hide me

1 of 1 people found this review helpful

5 out of 5 stars
By Jb on 15-05-18

EXCELLENT!

Great introduction and/or redux of Austrian Economics. Always learn something new when I read other Austrians.

Read more Hide me
See all reviews