As you know, the courses here at Liberty Classroom are available to be downloaded and watched or listened to (according to your preference) whenever you want, but we supplement these with live Q&A sessions. The next live session will take place June 20 at 9pm ET. It will be an “ask an Austrian economist anything” session, featuring Jeffrey Herbener, the economics professor who teaches our “Austrian Economics, Step by Step.” I will be on your screen as well. Save the date, and bring your questions!

These Q&A sessions are open only to current members. If you haven’t yet joined us, now’s the time!

Also, we’ve posted an excerpt of one of Professor Herbener’s lectures from our course. In this lecture, he answers the claims that depressions are caused by pessimism, or falling prices, or a decline in spending, or “sticky prices,” etc. Here it is: