In this special Fundamentals program, Gardner Goldsmith explains major aspects of the Austrian School of Economics approach to understanding the so-called “means of production”, time valuation, and interest. Subjective marginal utility theory is also explored, so that the members of the Conspiracy can refute the claims by their statist pals that the “owners of the means of production exploit the workers.”

We’ll discuss this more in the next pod, and check out some contemporary issues as well in the shows to come!

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