Austrian School of Political Economy I: Value, Prices, & Economic Calculation

Hayek Program Senior Fellow Jayme Lemke recently shared a series of conversations with her colleagues about the core ideas and methods that drive the research of the Hayek Program. In the first three videos, Lemke interviews Associate Director Christopher Coyne on one of these core approaches: the Austrian School of Political Economy.

In this discussion, Lemke and Coyne cover a brief history of Austrian economics and the role that value and prices play in economic calculation. 

Click here to listen to the full audio of this interview. 

Read more about the Austrian School of Political Economy at The Vienna Circle.