Steve Horwitz on Austrian Economics, Family, and Bleeding Heart Libertarians

"In the 25 years since I've been studying central banking and competitive alternatives, there's never been so much attention on the Fed as there is right now, and there's never been so much critical attention," says Steve Horwitz, Austrian economist and professor at St. Lawrence University.

Reason TV's Nick Gillespie sat down with Horwitz at FreedomFest 2012 in Vegas and discussed the unprecedented scrutiny the Federal Reserve has faced in recent years, his work on how capitalism shaped the modern-day family, and why he identifies with Bleeding Heart Libertarians.

Held each July in Las Vegas, FreedomFest is attended by around 2,000 limited-government enthusiasts and libertarians a year. ReasonTV spoke with over two dozen speakers and attendees and will be releasing interviews over the coming weeks. For an ever-growing playlist, go here now:

http://www.youtube.com/playlist?list=PL1ECFFDA94AA8AA05

About 9 minutes.

Camera by Tracy Oppenheimer and Alex Manning; edited by Zach Weissmueller

Scroll down for downloadable versions of this video.

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  • Restoras| |

    Very pleased with my alma mater that he is there.

  • Ronny Paulino| |

    "Reason TV's Nick Gillespie sat down with Napolitano "... Horwitz?

  • Brandybuck| |

    Yeah, where's the Horwitz interview? That's what I came here to see!

  • MHaber| |

    Is Professor Horwitz an Austrian? He's no online "pitbull," I've never seen him writing on the Austrian sites, and he's not a big name among Austrians. I have seen Austrians critiquing Horwitz, and they do not seem to believe he is an Austrian economist.

  • SIV| |

    I don't know about his Austrian "cred" but Horwitz is no fan of freedom:


    If freedom produced poverty, strife, and conflict, I would be in favor of something else.

  • | |

    That's not what his comment says. He likes freedom because he believes that freedom is the best way. Not everyone is a rights-based libertarian. Some people are libertarians because of practical or consequentialist reasons. I disagree with their reasoning, but they clearly believe freedom is important. Here's the rest of his post:

    Thankfully, we have lots of historical evidence and the good work of many libertarian theorists to show us that freedom works. So instead of accusing people who support freedom because it works of being closet commies, read some of the great classical liberal thinkers who made the same argument.
  • hk| |

    Sorry but he's a big government Libertarian. His monetary policy is fucked up, he thinks M has to keep up with the velocity of money.

  • | |

    "Sorry but he's a big government Libertarian.".... according to you.

  • hk| |

    Yeah Reason is funded by people that used to dislike the Austrian school. These Reason people used to be more like Classical liberals, but now in 2012 Reason is realizing the error in their ways.

    I assume Reason has little cred with famous Austrians , so they had to settle for some lesser known dude, in order to make this video.

  • hk| |

    The reality is that Reason is more like the "left-wing" side of the Libertarian party, economically speaking. They have some people who don't seem left-wing at all, but compared to the Austrian sites Matt Welch is like a communist.

    Only recently have they been more accepting of Austrians, the Koch brothers are very big government, and they're big donors here IIRC.

  • | |

    It sounds like you're just making things up.

  • hk| |

    Sorry but it's true, you can go to the lew rockwell site.

    They don't particularly care for reason, and there's a reason(pun) you don't see the mises.org people posting here.

    Reason rarely posts Austrian articles from the most known people like Rothbard, Mises, Block, etc.

    And sorry but the mercatus center is nothing compared to Mises.org.

  • | |

  • hk| |

    Oh and I'm not making up shit, since the Koch brothers fun this site and disliked Rothbard.

    I have rarely seen the word Austrian in their articles, Reason is more of a classical liberal website if anything.

  • hk| |

    *fund this website

    http://www.lewrockwell.com/gordon/gordon37.html

    Respect me dude, lol.

  • | |

    Respect me dude, lol.

    Only once you stop acting like an asshole.

  • | |

    I've never seen him writing on the Austrian sites

    You're not looking at the sites I am, I've seen him and his work before. You don't have to post to sites devoted solely to Austrian economics to talk about Austrian economics.

    they do not seem to believe he is an Austrian economist.

    Whether they believe it or not is irrelevant, he's been studying Austrian economics for decades now. He's done work for the Mercatus Center, the Institute for Humane Studies, the Foundation for Economic Education. He even does work for the Review of Austrian Economics, which is published by the Mises Institute. It's hard to get more Austrian than this guy.

  • | |

    Wrong place.

  • | |

    Wait no it's not.

  • hk| |

    Actually it is.

    He's a light-weight in the Austrian world.

    What about Rothbard? The only time they mention him here is usually in a pejorative way.

  • hk| |

  • | |

    Yes, their disagreements TOTALLY mean Reason hates Austrian economics... not.

  • hk| |

    He can be well known, so what? The george mason austrians are also well known but considered a completely different branch.

    Don't make shit up yourself, this website is ignorant of the best Austrians.

  • | |

    Don't make shit up yourself,

    You just keep bullshitting.

  • hk| |

    http://mises.org/daily/6190/Ho.....g-of-Mises

    Nice job discrediting yourself. Don't try to pass this guy off as a Mises clone, he sounds like more like semi-Austrian Hayek.

  • | |

    Again, disagreements TOTALLY mean they hate Austrian economics... not.

    Don't try to pass this guy off as a Mises clone,

    Never did. Don't act like economic disagreements mean he's the economic Antichrist.

  • hk| |

    http://archive.mises.org/12724.....ary-media/

    Wow just like I thought, he's a george mason Austrian which means he doesn't mean jack in the Austrian circles. His interpretation of fiduciary media and understanding of deflation is horribly flawed.

  • | |

    According to... YOU. I don't see a complete dismissal of Horwitz there, just a disagreement with him. Again, stop acting like those disagreements mean everything he says is automatically wrong. You just come across as an obsessed nut.