Enemy Of The State: Murray Rothbard

Episode 1 - Intro to Austrian Economics - 1 of 4 - Scarcity and Choice

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Austrian Economics: An Introduction, presented at New York Polytechnic University in 1972. 1. Scarcity and Choice Economics begins with the concepts of scarcity and choice. If there was no scarcity it would all be free. Resources like time and materials need to be allocated to economically feasible uses. This will depend on the consumers' demand for the final product. On YouTube: https://youtu.be/bZZjytf2lBo Sourced from: https://mises.org/library/1-scarcity-and-choice We are not endorsed or affiliated with the above. https://creativecommons.org/licenses/by-nc-nd/3.0/legalcode Presented by Read Rothbard: Read Rothbard is comprised of a small group of voluntaryists who are fans of Murray N. Rothbard. We curate content on the www.ReadRothbard.com site including books, lectures, articles, speeches, and we make a weekly podcast based on his free-market approach to economics. Our focus is on education and how advancement in technology improves the living standards of the average person. The Read Rothbar