The Economics of Free Lunches, with Guido Hülsmann


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On Show 28 of the Mises UK Podcast, Andy Duncan speaks to Professor Guido Hülsmann about a new forthcoming book that he’s working on, based on the concept of a free lunch, or rather the political economy of gratuitousness. In a packed interview, along the way we also cover a pertinent encyclical by Pope Benedict XVI, the economic consequences of gifts, the definition of a proper gift, spontaneous gratuitousness, what defines an improper gift, the fallacy of government ‘generosity’, the implausibility of Keynesian ‘economics’, the ‘welfare’ state, intellectual ‘property’, the possible collapse of the Euro, and Erik von Kuehnelt-Leddihn. What more could you possibly ask for in a podcast on Austrian Economics?

Podcast sponsored by: http://finlingo.com/

iTunes: https://itunes.apple.com/gb/podcast/misesuk-org-podcast/id1322473728

Music: http://www.bensound.com/royalty-free-music