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Most People don’t understand these 2 Important Economic Concepts | Dr. Joe Salerno, Jeff Deist

Dr. Joe Salerno joins Jeff Deist two explain two of the most fundamental economic concepts “consumer goods” and “capital good” and why it is so important to understand their function in an economy. These are based on Mises’ “Human Action”

#mises #consumergoods #capitalgoods

Full video, licenced under creative common: https://www.youtube.com/watch?v=aKuYqkQrsGI


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Jeff Deist
Jeff Deist is president of the Mises Institute, where he serves as a writer, public speaker, and advocate for property, markets, and civil society. He previously worked as a longtime advisor and chief of staff to Congressman Ron Paul, for whom he wrote hundreds of articles and speeches. In his years with Dr. Paul he worked with countless grassroots activists and organizations dedicated to reducing the size and scope of government.
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