George Reisman’s Pepperdine Lectures: “Micro” and “Macro”

by Stephan Kinsella on August 3, 2023

As an augment to the lectures available at George Reisman’s Program of Self-Education in the Economic Theory and Political Philosophy of Capitalism, below you may find audio files and youtube links to a series of lectures delivered by Dr. Reisman over a number of years at Pepperdine University, grouped into “Micro” and “Macro” topics. The Micro course was designated MBFE 657 and the Macro course BSM 477.

See also Professor Reisman’s website at https://georgereisman.com/, which contains syllabi and syllabus supplements that will be useful in studying the Micro and Macro lectures.

The entire set of mp3 audio files for the Macro and Micro lectures, as well as the mp3 files for the Capitalism lectures, may be downloaded here (ZIP file, 9.4GB).

Preliminary and Supplemental Materials

George Reisman, Capitalism: A Treatise on Economics
2006 Addendum: The Syllabus for Reisman’s Jefferson School Program of Self-Education in the Economic Theory and Political Philosophy of Capitalism. This syllabus contains lists of supplementary readings to accompany Capitalism. To find them, search the syllabus under “Readings/Lectures” (but without the quotation marks).
Micro and Macro Lecture resources at GeorgeReisman.com
Youtube Channel: https://www.youtube.com/c/GeorgeReismansCapitalismProgram
Other lectures at George Reisman’s Program of Self-Education in the Economic Theory and Political Philosophy of Capitalism

“Micro” Supplementary Materials

Youtube Channel: https://www.youtube.com/c/GeorgeReismansCapitalismProgram
- Youtube playlist: Micro
Syllabus and Syllabus Supplements: “Micro”
- MBFE 657 materials (including syllabus and other supplements)
- Short-Answer Study-Review Questions
- Essay-Type Study-Review Questions

“Micro” Lectures

Note from Professor Reisman: The title of each lecture below shows that the recording is part of the “Micro” course. For example, recording 08A, followed by its title “D of L [Division of Labor] and Private Ownership of the Means of Production I Supp. [Have Syllabus Supplement 6 at hand when listening to the lecture]”

Lecture 00: Preface to Lecture Recordings [mp3; youtube]
Lecture 01A: Nature and Value of Economics I [mp3; youtube]
Lecture 01B: Nature and Value of Economics II [mp3; youtube]
Lecture 02A: Wealth and the Economic Problem I [mp3; youtube]
Lecture 02B: Wealth and the Economic Problem I [mp3; youtube]
Lecture 03A: Dependence of D of L on Capitalism I [mp3; youtube]
Lecture 03B: Dependence of D of L on Capitalism II [mp3; youtube]
Lecture 04A: Demand and Supply [mp3; youtube]
Lecture 04B: Uniformity of Profit Principle [mp3; youtube]
Lecture Micro 05A Effects of Uniformity of Profit Principle Supp. 4[mp3; youtube]
Lecture Micro 05B Geographical, Temporal, and Wage Uniformities, Supp. 4[mp3; youtube]
Lecture Micro 06A Pricing of Goods & Services in Limited Supply Supp. 5[mp3; youtube]
Lecture Micro 06B Free Market Order vs. Price Control Chaos Supp. 5[mp3; youtube]
Lecture Micro 07A More on the Chaos of Price Controls Supp. 5[mp3; youtube]
Lecture Micro 07B Price Controls and Socialism Supp. 5[mp3; youtube]
Lecture Micro 08A D of L and Private Ownership of the Means of Production I Supp. 6[mp3; youtube]
Lecture Micro 08B D of L and Private Ownership of the Means of Production II Supp. 6[mp3; youtube]
Lecture Micro 09A D of L and Economic Inequality Supp. 6[mp3; youtube]
Lecture Micro 09B D of L and Economic Competition Supp. 6[mp3; youtube]
Lecture Micro 10A Monopoly I Supp. 7[mp3; youtube]
Lecture Micro 10B Monopoly II Supp. 7[mp3; youtube]
Lecture Micro 11A Monopoly III Supp. 7[mp3; youtube]
Lecture Micro 11B Monopoly IV Supp. 7[mp3; youtube]
Lecture Micro 12A Productive Activity Supp. 8[mp3; youtube]
Lecture Micro 12B The Marxian Exploitation Theory Supp. 8[mp3; youtube]