The Austrian Case for the Free Market Process: Knowledge Products (Great Economic Thinkers) (Library Edition) [Audio CD]

Dr. William Peterson (Author), Louis Rukeyser (Reader)

Book Description

Publication Date: April 1, 2006

Ludwig von Mises (1881-1973) and Friedrich Hayek (1899-1992) were perhaps the foremost defenders of the free market and limited government during the mid-twentieth century ascendancy of Keynesian economics.

Mises highlighted the problem of economic calculation in non-market economics. He saw the price system as the basis of economic calculation, and emphasized the importance of sound money for it to work properly. Mises created an all-encompassing theory of economics as a system of human action. Hayek emphasized the role of knowledge in economics, asserting that man “cannot acquire the full knowledge that would make mastery of events possible.” He insisted that capitalism has improved the living conditions of workers. Hayek received the Nobel Prize in 1974.

Product Details

• Audio CD
• Publisher: Knowledge Products; Unabridged edition (April 1, 2006)
• Language: English
• ISBN-10: 0786169478
• ISBN-13: 978-0786169474
• Product Dimensions: 7.5 x 5.3 x 0.6 inches
• Shipping Weight: 4 ounces (View shipping rates and policies)
• Average Customer Review: 2.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #194,829 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

2 of 3 people found the following review helpful:

1.0 out of 5 stars Audible is a serious pain in the..., January 13, 2011

By 

MyPenName "Conservative Review" (Carlsbad CA) - See all my reviews

This review is from: The Austrian Case for the Free Market Process: Knowledge Products (Great Economic Thinkers) (Library Edition) (Audio CD)

Don't be fooled by the [Audio CD] format advertised here. This is an "audible download" only, and I just spent an hour trying to get this to my Ipod. Ridiculously complicated software, obviously written by teenagers...
If you want this product, go to mises.org.

4.0 out of 5 stars A good primer, June 9, 2011

By 

Randy L. Thurman "Money Manager" (Oklahoma City, OK United States) - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

This review is from: The Austrian Case for the Free Market Process: Knowledge Products (Great Economic Thinkers) (Library Edition) (Audio CD)

Not sure what happened to the other reviewer and if I had read his review first, I would have not ordered it. I did order, and received the Audio CDs, not the download version.

This is a three CD set. The first half is about Von Mises and the second half about Hayek. The Economists are free market thinkers and strongly believe in a small government. These CDs are great for getting a feel for their thinking, but only scratches the surface. The economist's words are spoken in an Austrian accent, which does take some adjustment.

If you like this type of economic thinking, I would highly recommend the book, Economics in One Lesson by Hazlitt. Von Mises had a great deal of influence over Hazlitt and he put down his thoughts in a short, easy to read book.

If you are looking for a primer to understand their thinking, then this is a great audio book. If you want to go deep into their thinking, first get Economics in One Lesson, then read the Austrian economist's books.

Hope that helps.

Randy