Lecture series · recorded 2010
The Failure of the "New Economics"
The Failure of the "New Economics" is a free lecture series (33 recordings, 18.5 hours) you can stream or download at freecapitalists.org, with Henry Hazlitt.
Henry Hazlitt's line-by-line commentary and refutation of Keynes's General Theory, one of the most destructive, fallacious, and convoluted books of the twentieth century. Narrated by Josiah Schmidt.
Read the book: Failure of the 'New Economics' by Henry Hazlitt, free to download here.
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01
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Acknowledgements 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 212 words
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02
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1. Introduction 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 3,334 words
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03
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2. Postulates of Keynesian Economics 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 5,991 words
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04
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3. Keynes vs. Say's Law 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics Overview
Read the transcript 3,416 words
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05
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4. Overture 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 4,597 words
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06
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5. "Labor Units" and "Wage Units" 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 1,854 words
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07
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6. The Role of Expectations 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 783 words
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08
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7. "Statics" vs. "Dynamics" 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 2,585 words
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09
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8. Income, Saving and Investment 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 6,267 words
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10
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9. "The Propensity To Consume": I 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 8,682 words
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11
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10. "The Propensity To Consume": II 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 2,079 words
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12
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11. "The Multiplier" 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 6,077 words
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13
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12. "The Marginal Efficiency Of Capital" 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 4,710 words
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14
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13. Expectations And Speculation 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 4,699 words
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15
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14. "Liquidity Preference" 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 3,121 words
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16
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15. The Theory Of Interest 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 6,024 words
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17
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16. Confusions About Capital 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 6,049 words
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18
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17. "Own Rates Of Interest" 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 5,460 words
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19
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18. The General Theory Restated 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 2,948 words
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20
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19. Unemployment And Wage-Rates 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 7,046 words
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21
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20. Employment, Money, And Prices 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 2,439 words
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22
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21. Prices And Money 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 7,348 words
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23
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22. The "Trade Cycle" 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 5,559 words
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24
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23. Return To Mercantilism? 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 11,480 words
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25
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24. Keynes Lets Himself Go 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 5,926 words
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26
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25. Did Keynes Recant? 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 1,487 words
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27
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26. "Full Employment" As The Goal 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 2,606 words
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28
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27. "The National Income Approach" 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 3,491 words
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29
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28. The Keynesian Policies 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 1,958 words
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30
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29. Summary 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 2,452 words
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31
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A Note On Books 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 702 words
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32
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Appendix A: The 1919 Prophecies 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 1,718 words
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33
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Appendix D 2010
From The Failure of the "New Economics". Narrated by Josiah Schmidt.
Austrian Economics OverviewOther Schools of Thought
Read the transcript 744 words
People in this series
Speakers
Recording dates, summaries and topics for 33 of these 33 lectures come from the Mises Institute's page for The Failure of the "New Economics", checked 2026-08-04.
Questions
About this series
- Is The Failure of the "New Economics" free to listen to?
- Yes. All 33 mirrored recordings stream in the browser or download as audio, at no cost and with no signup.
- How long is The Failure of the "New Economics"?
- 33 recordings, 18.5 hours in total.
- When was The Failure of the "New Economics" recorded?
- 2010, per the recording dates recovered for this series.
- Is the book behind The Failure of the "New Economics" available here?
- Yes. Failure of the 'New Economics' by Henry Hazlitt is in this archive as a free download, on its own page.
- Is there a transcript of The Failure of the "New Economics"?
- Yes. Every lecture in the series has one, 133,844 words in total, free to read on each lecture's page and searchable in the browser.