Lecture by Jeffrey M. Herbener presented at the Ludwig von Mises Institute's 2005 Mises University held in Auburn, Alabama. The internationally renowned instructional seminar presented annually since 1985, featuring 60 or more classes, seminars, and plenary lectures on Austrian economics is the basis for a solid education in economics. mises.org Jeffrey M. Herbener is an American economist of the Austrian School. Besides serving as an economics instructor at Pittsburg State University, Herbener has also taught at Washington and Jefferson College and currently holds the position of professor of economics at Grove City College in Pennsylvania. Herbener is a senior fellow of the Ludwig von Mises Institute in Auburn, Alabama and is associate editor of their Quarterly Journal of Austrian Economics. Related links mises.org mises.org DISCLAIMER: The producer of this audio presentation, the Ludwig von Mises Institute, has given permission under the Creative Commons license to publicly repost as long as credit is given to the Mises Institute and respective guidelines are followed. More info at: creativecommons.org This YouTube channel, LibertyInOurTime, is in no way endorsed by or affiliated with the Ludwig von Mises Institute, any of its lecturers or staff members.
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