
In Free Market Economics, Dr. David Henderson guides us through ten foundational pillars of economic wisdom and the major schools of thought—Austrian, Chicago, UCLA, and Public Choice. Along the way, we explore how markets coordinate through decentralized knowledge, property rights, and voluntary exchange, and why central planning so often falls short. Drawing on vivid historical cases—from the Soviet economic collapse to West Germany’s postwar miracle—the course brings core ideas like subjective value, spontaneous order, and entrepreneurial discovery to life. Ultimately, it shows how economic freedom and open inquiry fuel innovation and prosperity, while government intervention frequently produces unintended consequences and inefficiencies.
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Air Date: 2026-05-22
In our introductory lecture, we explore the foundations of free market economics through the first five pillars of ec...
Air Date: 2026-05-22
In lecture two, we continue with pillars six through ten of economic wisdom, beginning with the idea that every actio...
Air Date: 2026-05-29
In lecture three, we study the Austrian School of Economics through the work of Carl Menger and Eugen von Böhm-Bawerk...
Air Date: 2026-05-22
In lecture four, we continue our study of the Austrian School of Economics through the work of Ludwig von Mises, Frie...
Air Date: 2026-05-22
In lecture five, we learn about the Chicago School of Economics through the contributions of Frank Knight, Milton Fri...
Air Date: 2026-05-22
In lecture six, we consider the work of mainstream economists outside the Austrian, Chicago, and UCLA Schools who con...
Air Date: 2026-05-22
In lecture seven, we explore the UCLA School of economic thought, focusing on the foundational work of Armen Alchian ...
Air Date: 2026-05-22
In lecture eight, we go over Joel Mokyr’s Nobel Prize-winning analysis of the Industrial Revolution and the “hockey s...
Air Date: 2026-05-22
In lecture nine, Dr. Henderson explains the public choice school of economics, which applies economic analysis to pol...
Air Date: 2026-05-22
In our tenth and final lecture, we explore the West German economic miracle after World War II, showing how free mark...