Growth versus Prosperity

Shawn Ritenour critiques mainstream growth models that emphasize abstract inputs like capital accumulation and technological innovation, arguing instead for a human-centered approach rooted in Austrian economics. He emphasizes the foundational roles of entrepreneurship, time preference, the division of labor, and sound monetary institutions in fostering sustainable economic development.

Recorded at the Mises Institute in Auburn, Alabama, on July 23, 2025.

Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.