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September 2013

A Monthly Archive (3 entries)

A Conversation with Israel Kirzner

Intellectual Portrait Series

Israel Kirzner, Professor Emeritus at NYU, is among the foremost scholars in the continuing development of the Austrian school of economic theory. He has extended our understanding of the workings of a free society, illuminated the role of entrepreneurs in the process of economic discovery, and shed new light on the dynamics of market forces. In this interview, recorded in 2000, Kirzner explores these differences, as well as his experiences as student of Ludwig von Mises, his interaction with other Austrian greats such as Friedrich Hayek, and his career as a professor at New York University. He displays his keen understanding of the differences between the Austrian school and neo-classical economics, and how Austrian economics affords new and exciting avenues for future work.

Additional materials, including a video index and sharing tool, discussion questions, and links for further reading plus audio-only file formats, are available at Newmedia at


A Conversation with Ronald H. Coase

Intellectual Portrait Series

Nobel laureate Ronald H. Coase (1910-2013) was recorded in 2001 in an extended video now available to the public. Coase's articles, "The Problem of Social Cost" and "The Nature of the Firm" are among the most important and most often cited works in the whole of economic literature. Coase recounts how he tried to encourage "economists and lawyers to write about the way in which actual markets operate, and about how governments actually perform in regulating or undertaking economic activities."

Additional materials, including a video index and sharing tool, discussion questions, and links for further reading, are available at Newmedia at


Capitalism, Government, and the Good Society

Symposia and Panel Discussions

On April 10, 2013, Liberty Fund and Butler University sponsored a symposium, "Capitalism, Government, and the Good Society." The evening began with solo presentations by the three participants--Michael Munger of Duke University, Robert Skidelsky of the University of Warwick, and Richard Epstein of New York University. (Travel complications forced the fourth invited participant, James Galbraith of the University of Texas, to cancel.) Each speaker gave his own interpretation of the appropriate role for government in the economy and in our lives. This was followed by a lively conversation on the topic moderated by Russ Roberts of Stanford University, host of the weekly podcast, EconTalk.

Additional materials, including an audio file, transcript, and links for further reading, are available at


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