By Harry Binswanger
An application of Objectivist methodology to the task of identifying the actual base of economics. Dr. Binswanger covers such topics as: altruism vs. economics; the axiomatic concepts of economics; the proper definition of "economics"; "reduction to the perceptual level" in economics; capitalism and "socially objective value; "marginal value"; the proper definition of "inflation"; proper and mistaken views of competition.
This lecture was recorded at the 2008 Objectivist Summer Conference in Newport Beach, CA.
(MP3 download; 4 hrs., 32 min., with Q & A, 187 MB)