Lucas Engelhardt explores the economics of interventionism, tracing Ludwig von Mises’s core argument that state interference in markets is both self-defeating and inherently unstable.

Lucas Engelhardt challenges conventional applications of game theory by integrating the Austrian perspective on entrepreneurship.

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Game theory done the wrong way eliminates individual choice.
Download lecture slides at Mises.org/MU23_PPT_30.
Recorded at the Mises Institute in Auburn, Alabama, on 27 July 2023.

Game Theory | Lucas M. Engelhardt

Video of Game Theory | Lucas M. Engelhardt

Free trade allows for maximizing the total number of mutually beneficial exchangers and promotes economic progress.
Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023.

Free Trade vs. Protectionism | Lucas M. Engelhardt

Video of Free Trade vs. Protectionism | Lucas M. Engelhardt

Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2021.