35. An Austrian in Pyongyang!

<div>In this podcast we talk to Peter Young, a regular attendee of our seminars and student of Austrian economics, who has spent a lot of time traveling to North Korea. Peter gives us his perspective on the communist economic system and how it functions, through the lens of the Austrian economics.</div> <div><br />You can follow Peter on Twitter using the handle <a href="https://twitter.com/TheAustrian3" target="_blank" rel="noopener">@TheAustrian3</a>.</div> <div> <p><a href="https://theaustrian3.medium.com/" target="_blank" rel="noopener">His Medium page</a> contains a list of his threads on economics.</p> <p><strong><u>Books Referenced</u></strong></p> <p>Andrei Lankov &ndash; The Real North Korea (2013)</p> <p>Paul French &ndash; North Korea: State of Paranoia (2014)</p> <p>B.R. Myers - The Cleanest Race (2010)</p> <p>Robert L. Schuettinger &amp; Eamonn Butler - Forty Centuries of Wage and Price Controls: How Not to Fight Inflation (1979)</p> <p><strong><u>Videos</u></strong></p> <p><a href="https://youtu.be/FQ0qBkE_dZM" target="_blank" rel="noopener">YouTube video showing a DPRK market before and after the 2009 currency reform.</a></p> <p><a href="https://youtu.be/N2b71fuaROQ" target="_blank" rel="noopener">Andrei Lankov discussion of Kim Jong Un land reforms.</a></p> <p><a href="https://youtu.be/1qPf-zZ4eKQ" target="_blank" rel="noopener">B.R. Myers discussion of DPRK economy and Hikikomori state.</a></p> </div>