Lecture 11 of 13 · Ludwig von Mises Archives
The Free Market Society
Division of labor and an exchange economy are the basis of society. Various commodities competed for being money, but gold prevailed as the medium of exchange, without any interference by governmental authorities. We should have again a gold standard all over the world.
Austrian Economics OverviewFree Markets
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Ludwig von Mises Archives
13 lectures, 11.4 hours, recorded 1958–1972. See the full series or subscribe by RSS.
Speakers: Ludwig von Mises.
Recording date and topics for this lecture come from the Mises Institute's page for The Free Market Society, checked 2026-07-23.