Are you interested to read the original book? Get ‘Human Action’ by Ludwig von Mises now: https://amzn.to/4fD9zP6 Ludwig von Mises was more than an economist—he was a defender of freedom and one of the greatest thinkers of the 20th century. From his early life in the Austro-Hungarian Empire to his intellectual battles against socialism and collectivism, Mises championed the power of individual choice and economic freedom. His groundbreaking ideas, including his critique of socialism and his focus on free markets, redefined economics by putting human action at its core. Exiled from Europe during the rise of Nazi power, Mises continued his work in the United States, inspiring future economists like Friedrich Hayek and Murray Rothbard. His magnum opus, Human Action, remains a cornerstone of the Austrian School of Economics. Discover how Mises’s belief in individual liberty and limited government shaped modern economic thought and why his ideas are still relevant today. Join us to explore his enduring legacy and the power of free markets! 00:00 - Introduction and Early Life of Ludwig von Mises 01:03 - Mises was A Scholar and a Rebel 02:20 - Mises his Life in Exile and Intellectual Triumph 03:14 - The Power of Individual Choice 04:22 - A Legacy of Liberty and Rational Thought

Are you interested to read Carl Menger's books? Get them here: https://amzn.to/4kOQkpU Do you want to watch more about Carl Menger? The Origins of Money: https://rumble.com/playlists/SbtdSMVNrm0 Principles of Economics: https://rumble.com/v61tdkq-principles-of-economics-by-carl-menger-the-foundation-of-the-austrian-schoo.html Investigations into the Methods of Social Sciences: https://rumble.com/v6dihys-investigations-into-the-methods-of-social-sciences-carl-mengers-economic-me.html Carl Menger, the founder of the Austrian School of Economics, revolutionized economic thought by shifting the focus from abstract theories to real human decisions. In this video, we explore Menger’s groundbreaking concept of subjective value, which asserts that the worth of an item isn’t determined by production costs, but by individual desire. Menger's insights helped shape modern economics, emphasizing the importance of human choice, market dynamics, and the free market system. He also inspired future economists like Ludwig von Mises and Friedrich Hayek. Through his work, Menger laid the foundation for understanding economics not just as a system, but as a reflection of individual decisions and behaviors. Dive into the life and legacy of Carl Menger and see how his ideas continue to shape economic theory today. Watch our series on the Austrian School to explore these influential concepts in more detail. 00:00 - Carl Menger – The Father of Austrian Economics and the Pioneer of Subjective Value 00:48 - Carl Menger was A Thinker Ahead of His Time 01:29 - The Birth of the Austrian School of Economics 02:05 - Carl Menger was A Humble Revolutionary 02:41 - A Legacy Built on Choice

Adam Smith wasn’t just an economist—he was a philosopher who transformed our understanding of economics, morality, and human behavior. Born in 1723, his ideas still shape the world today. Smith believed that individuals acting in their own self-interest could create prosperity and harmony for society as a whole. His belief in economic freedom, the importance of morality in economics, and his insights into human nature laid the foundation for modern economic thought. Smith’s famous work, The Wealth of Nations, emphasized the power of free markets and limited government intervention. Yet, his earlier work, The Theory of Moral Sentiments, showed that human empathy and fairness were crucial to a thriving society. In this video, we explore how Smith’s life and ideas continue to influence the way we think about economics and society. Get the original book: https://amzn.to/3W5xeku Learn about The Wealth of Nations on our website: https://easyeconomics.net/video-series-economics-books/the-wealth-of-nations/ Watch our video series about The Wealth of Nations by Adam Smith: https://rumble.com/playlists/bDlhDvvVL8Q Watch our video’s about other economics books: https://rumble.com/playlists/dJGTX0xbi6E Watch the next video in this series: https://rumble.com/v61f1vb-the-wealth-of-nations-introduction-and-overview.html 00:00 - Adam Smith – The Philosopher Who Changed How We See the World 00:07 - Introduction to Adam Smith 00:39 - Smith’s Academic Journey 01:03 - A Curious Mind and a Love for Ideas 01:44 - Morality and Economics 02:20 - A Champion of Freedom 03:03 - A Legacy That Endures