Ludwig von Mises's contributions to Economics and Liberty | Robert P. Murphy

[@kamilziemian995]

I like listen to Robert P. Murphy.

[@MengerMania]

What?

[@kamilziemian995]

@@MengerMania I think my words are quite clear.

[@MengerMania]

@@kamilziemian995 Do you "like" listen to Robert P. Murphy, or do you like TO listen to Robert P. Murphy? If you mean the latter, what about listening to Robert P. Murphy do you like?

[@kamilziemian995]

@@MengerMania Your English is too complicated for me.

[@soapbxprod]

HOORAY for Dr. Murphy. Hooray for Dr. Woods. Hooray for Dr. Higgs and all of the Mises fellows. Viva Rothbard.

[@DipakBose-bq1vv]

Mises is some kind of Mouse????

[@johnjavier36866]

I really like his Planned Chaos book.

[@tomalesbay]

I love how at 46:00-47:00 he pretty much describes our current situation in 2023.

[@romanobattaglia8213]

Thanks Bob Murphy, from Khangkhui Ukhrul, Nagalim.

[@ChrisBarcelo]

at 34:45 he states that because cost rises faster than revenues you would be at a loss. I am sure he would also state that there would be a loss in demand as well from marginal buys who are now priced out which could lead greater losses if apartments go unfilled causing prices fall and losses to rise also.

[@profitabilitygrowthadvisor8934]

Having worked at a high level in public accounting in Germany this reminds me of a KPMG tax partner asking an English colleague and I to translate his client letter into English. My colleague Karl (an Englishman with a German first name) when asked what is taking so long looked up and replied "zur Zeit speilen wir suche den Punkt" or " at the moment we are playing find the period." Educated Germans love to write with multiple embedded "sub sentences" to show how intellectual they are. In English we are taught: one idea, one sentence. Not so in German!

[@rockwellspipe6115]

Did Mises solve the infinite regression critique in human action (basically addressing what he knew critics would have said) or did he come out with his theory on the value of money, then published it, and only after he received the "infinite regress" criticism did he come up with the answer of it regressing back to barter?

[@michaelgoudis344]

He foresaw the criticism and a solved the whole thing in his book "The theory of money and credit"

[@hipstertrudy3658]

Human action came much later, he first formalized the money regression nearly 2 decades earlier in the theory of money and credit

[@rockwellspipe6115]

Bob Murphy read Human Action in high school

[@repooc84]

Mises was the greatest economist whoever lived!!!

[@programking655]

Funny, good joke

[@repooc84]

@@programking655 I mean if you want counter...

[@lights473]

@@programking655 bet you're the type to say Marx was the greatest economist

[@programking655]

@@lights473 Then you’re bet is horribly wrong. I generally don’t like heterodox economists, regardless of their political ideology. The greatest economists are Kenneth Arrow, Leon Walras, Alfred Marshall, and Irving Fisher. You could throw Adam Smith in there as well. However Mises is a loser and there’s a reason nobody in economics actually cares about anything he wrote.

[@lights473]

@@programking655 Can you provide what wrong contributions Mises made whether it's about the ECP or the ABCT or his monetary theory?

[@DipakBose-bq1vv]

Poor has no choice. Only who are rich can choose. Demand is thus a meaningless concept for the poor. Requirement is the more realistic concept as it was in the Soviet Union. Socialism is realistic policy package for the poor. Only those who are not poor are against socialism.

[@ipeteagles]

poverty often becomes weaponized against the distribution of value, making everyone poorer

[@williamchadwick7948]

If Von Mises were around today, the Stupid Left would dismiss him as "a Russian bot." Really.

[@johnathanvale8634]

Replace the subjective theory with the objective theory of value, and we have the end of value theory. The book is closed, and we can be done with this now

[@Oleg1961712]

Ругает Мизеса за его несъедобность, а сам тараторит, как из пулемёта. "Читайете по-медленнее, чёрт возьми!!

[@laikakhan1313]

what a wasted lecture.......full of slangs, inaccuracies, awful examples that cannot stand on proving anything.........feel sad for the students sitting there. Maybe they love being talked about against socialism, although the other two topics were horribly explained of the critiques of Mises.

[@ipeteagles]

your criticism is all over the place. what are you even saying?