We teach Austrian Economics in a fun way!
Economy | Savings | Finance | Education2018-07-24T15:35:06+00:00
2511, 2018

¿De dónde viene la riqueza? | Ahorros e inversiones

By |November 25th, 2018|Categories: Blog, Films|0 Comments

Imaginaos un mundo en el que, de un momento a otro desaparecen todas las herramientas, todos los edificios, coches, máquinas e incluso cosas tan básicas como cuchillos, martillos o palas. ¿Cómo sería nuestra [...]

1011, 2018

I, Pencil By Leonard E. Read

By |November 10th, 2018|Categories: Blog, Films|0 Comments

I, Pencil By Leonard E. Read I am a lead pencil—the ordinary wooden pencil familiar to all boys and girls and adults who can read and write. Writing is both my vocation and [...]

1109, 2018

Prisoner’s Dilemma and Self-enforcing Contracts

By |September 11th, 2018|Categories: Blog, Films|0 Comments

“Two men suspected of a crime are arrested. Though there is no evidence to convict them on a principal charge, there is enough to convict them on a lesser charge. Each prisoner is put [...]

2407, 2018

The Tragedy of The Commons | How to avoid it?

By |July 24th, 2018|Categories: Blog, Films|0 Comments

In the manors of feudal England there were some constituent lands that were available for shared use. One of the types of these common lands were common pastures. The commoners were not their owners, [...]

2007, 2018

Fractional Reserve Banking vs. 100% Reserve Banking

By |July 20th, 2018|Categories: Blog, Films|Tags: |0 Comments

What is the difference between fractional reserve banking and full reserve banking? How do they work? Do they have advantages and disadvantages? Is one better than the other? We hired a detective to check [...]

1507, 2018

Money Creation

By |July 15th, 2018|Categories: Blog, Films|0 Comments

Money creation: described by many as the biggest scam in the history of mankind; for others it’s a blessing and a driving force of the economy. For John Maynard Keynes it was a process [...]

1306, 2018

Opportunity Cost | The Road Not Taken

By |June 13th, 2018|Categories: Blog, Films|0 Comments

Imagine the following situations: 1) A young man enrolls in a tuition-free public university. From his point of view he gets the education for free. He will study in a field of [...]

3005, 2018

The Methodology of the Austrian School

By |May 30th, 2018|Categories: Blog, Films|0 Comments

When we refer to the Austrian School of Economics, we do not mean an institution located in a building in Vienna, nor we mean the Austrian economy. Instead, we mean a group of persons [...]

1505, 2018

A Petition – Frédéric Bastiat | Candlestick makers’ Petition

By |May 15th, 2018|Categories: Blog, Films|0 Comments

A Petition - Frédéric Bastiat. Animation of famous candlestick makers' petition by Frédéric Bastiat. It's a great lesson about free trade, and a big blow to the protectionist arguments. Learn Austrian Economics in [...]

2004, 2018

Price Discovery | How prices are determined?

By |April 20th, 2018|Categories: Blog, Films|0 Comments

In our previous videos entitled "The Value of Things" and "Scarce Resources" we have discussed how value is a subjective phenomenon. Two diverse people can estimate value of the same thing very differently. Every [...]