Of Markets & Men:A Visual Introduction to Austrian Economics

I really appreciate the effort that went into creating this course. Kudos to Fast Uptake and everyone involved in helping spread such vital knowledge. Mises would have been proud for your efforts in “the great historical struggle, the decisive battle into which our epoch has plunged us.”

“Everyone carries a part of society on his shoulders; no one is relieved of his share of responsibility by others. And no one can find a safe way out for himself if society is sweeping towards destruction. Therefore, everyone, in his own interests, must thrust himself vigorously into the intellectual battle. None can stand aside with unconcern; the interests of everyone hang on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.” Mises

Clear, and concise. Great content thus far. Well-done.

This is a great basic course on Austrian Economics. It provides a nice comparative to today’s economic mindset. Most significantly, it recognizes the importance of the individual “as” an individual and not just some nondescript/impersonal aggregate “thing” in the economy for the benefit of the State’s ability to measure “things”. — The Instructor’s explanations are clear and understandable. The explanations follow seamlessly from visual aid to visual aid, section by section. All concepts are explained and connected to each new concept in a straightforward and understandable manner.

Lecture one needed greater emphasis on the action axiom. Property rights are important but in regards to economics I think discussion on the nature of reality and self ownership is important but not nearly as important as the action axiom. Action should’ve been discussed more in this lecture.
Lecture two diverged too far into political theory. Libertarianism overlaps with Austrian economics but the two aren’t exactly the same. Someone listening to this lecture without knowing the title of the course would think this is a lecture on libertarianism.
Lecture three gave a description of the non-aggression principle (a libertarian principle) but mislabeled it the Golden Rule. The NAP is a minimum requirement of the Golden Rule. The Golden Rule calls for positive action, i.e., to do to others what you’d like them to do to you. The NAP is the negative minimum requirement of The Golden Rule. Negative in the sense that it calls for non-action, i.e., to not do to others what you wouldn’t want done to you.
Other than the small mistake in lecture three, I believe the points made in lectures one and two are good and correct, but the information offered is emphasized towards a direction of political theory when it should be emphasized towards economics. I think focusing more on the action axiom would be better.
I will revise my review as I continue with the lectures.

Excellent, exceeded my expectations.

I am hopeful the “fundamentals” will be better. The ‘foundations’ is a mess.