Economics for Everyone workshop

Economics for Everyone

We are glad to announce a 1 day online workshop Economics for Everyone to be held on Sunday, 2nd June, 2024. The registration can be done through the link below. This workshop is open for all the citizens who wish to learn sound economics so that they can understand what is happening in the Indian & other economies, politics and society. You will learn to cope with real-life problems which they didn’t teach you how to in schools, colleges and universities.

The Advice

One of the greatest economists of the twentieth century Ludwig von Mises in his magnum opus ‘Human Action’ said:

There is no means by which anyone can evade his personal responsibility. Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a self-appointed elite of supermen. In such vital matters blind reliance upon “experts” and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination. As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny is at stake.

Very few are capable of contributing any consequential idea to the body of economic thought. But all reasonable men are called upon to familiarize themselves with the teachings of economics. This is, in our age, the primary civic duty.

Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups of scholars and specialists. Economics deals with society’s fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen. (Chapter 38, “The Place of Economics in Learning.”)

The Result

This workshop is a direct product of this advice of Mises. As he said, in our age it is every citizen’s civic duty to familiarize with the sound ideas of economic science. Hence, In order to help the citizens to learn these ideas we are organizing this workshop.


Timings (IST) Topic
8:00 AM to 9:00 AM ·  Introduction and The lesson; The broken window
9:00 AM to 10:00 AM ·         Public work means taxes
————————— Break —————————
10:10 AM to 11:10 AM ·         Government price fixing
11:10 AM to 12:10 PM ·         The mirage of inflation


Workshop instructor is Dr. Madhusudan Raj. He is the founding President of Mises India Institute. He has worked as an Assistant Professor of Economics at South Gujarat University until Dec-2023. He holds a Ph.D. degree in Economics as well as a graduate degree in Austrian Economics from the Ludwig von Mises Institute, USA.



Workshop will be held on 2nd June, 2024 (Sunday) – IST 08:00 A.M.


Henry Hazlitt’s popular book Economics in One Lesson. (Selected chapters). Also, the PDF copy of the book will be given to participants.


Maximum 20 per workshop.


The last date of registration is 31st May, 2024. To confirm your registration you must pay the prescribed fee.


  • INR 1,000/- (Students with School/College ID)
  • INR 2,500/- (Others Individuals)

Online Payment:

UPI Payment ID: madhusudanraj@icici

You can pay fees online (NEFT / RTGS / IMPS) to the account given below:

Account Name: Madhusudan Raj

Account Number: 443402010008632

Bank name: Union Bank of India

Branch: Vesu, Surat

IFSC Code: UBIN0544345 (used for RTGS, IMPS and NEFT transactions)

For International Participants

International participants, please email us using the contact form about how to make the payment of registration fees.


    Note: Those who register as students need to upload their current student id to avail the student concession.

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