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The Human Action Podcast

Economics

The Human Action Podcast features in-depth interviews on current topics in economics through an Austro libertarian lens.

Location:

Auburn, AL

Genres:

Economics

Description:

The Human Action Podcast features in-depth interviews on current topics in economics through an Austro libertarian lens.

Twitter:

@mises_media

Language:

English

Contact:

334-321-2152


Episodes

The Treasury is Running Out of Creditors

12/1/2023
The US Government will face another round of federal debt expansion in 2024, but will there be enough creditors to allow their continued spending? Investors are not buying Treasury Debt at forecasted rates, foreign investors are exiting federal debt, and even the Federal Reserve is reducing its treasury holdings. Dr. Jonathan Newman recently wrote for the Mises Wire on this topic, and he joins Bob to break down the data and explain what is up with treasuries and the future of the dollar. Dr. Newman's Article on The Treasury's Creditors: Mises.org/HAP424a Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

Duration:00:42:24

Co-Creator Explains Javier Milei's Plan to Abolish the Central Bank

11/24/2023
Nicolás Cachanosky was a co-author on the dollarization proposal for Argentina that Javier Milei publicly endorsed. Nicolás explains to Bob the outlines of the proposal, which involves replacing pesos with USD for bank deposits, currency in circulation, and central bank liabilities. How to Dollarize Argentina: Mises.org/HAP423a Rear More from Nicolás: Mises.org/HAP423b The Human Action Podcast Episode with Peter Lewin: Mises.org/HAP423c Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

Duration:00:44:51

Murray Sabrin's Memoir: From Liberal Democrat to Libertarian Running for Governor of New Jersey

11/17/2023
Murray Sabrin has a long history with the Austrian movement and is one of two people who had Murray Rothbard on his PhD committee. He talks with Bob about his memoir, From Immigrant to Public Intellectual: An American Story. Murray Sabrin's Substack: Mises.org/HAP422a From Immigrant to Public Intellectual: An American Story: Mises.org/HAP422b Rothbard's America's Great Depression: Mises.org/HAP422c Bob's Blog on the Distortion of Hoover: Mises.org/HAP422d The Mises Circle in Fort Myers: Mises.org/HAP422e Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

Duration:01:00:37

How Statism Leads to War

11/10/2023
Mises' work explains how laissez-faire economies have incentives to be peaceful with each other, and how, inversely, tariffs and protectionism create isolation, instability, and war. His words are especially prescient today as conflicts rage and tensions between superpowers continue to rise—mirroring the rise in state power across the globe. Dr. Jonathan Newman joins Bob to break down the history of warfare, how states fund war, and why war is more destructive in the modern era. Dr. Newman's Article on the History of Warfare: Mises.org/HAP421a Dr. Murphy on Private Military Defense: Mises.org/HAP421b 'Free Trade vs. Protectionism' MisesU 2023 Lecture: Mises.org/HAP421c Bob and Jonathan's Talks from the Mises Circle in Fort Myers: Mises.org/HAP421d Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Duration:00:53:10

A Nigerian Scholar Evangelizes Austrian Economics

11/3/2023
"Econ Bro" (who wishes to remain anonymous) is a Nigerian scholar who realized the limits of his conventional economics training and then discovered the work of Murray Rothbard and other Austrians. He now seeks to help his country and the world by spreading the truth. Econ Bro's Article on The State as a Rejection of God Part 1: Mises.org/HAP420a Econ Bro's Article on The State as a Rejection of God Part 2: Mises.org/HAP420b Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Duration:00:52:33

Responding to Yaron Brook's Critique of Anarcho-Capitalism

10/27/2023
Recently Yaron Brook and Bryan Caplan debated the merits of anarchism at the Soho Forum. Bob critiques Brook's opening statement. The Soho Forum Debate: Mises.org/HAP419a Bob's Book on Market Anarchy, Chaos Theory: Mises.org/HAP419b Rothbard's Book on Natural Rights and the State, For a New Liberty: Mises.org/HAP419c Hans-Herman Hoppe's Book on Private Defense, The Private Production of Defense: Mises.org/HAP419d Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: Mises.org/FL23 Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Duration:01:07:26

The Male/Female Wage Gap and This Year's Nobel Laureate

10/20/2023
Brian Albrecht joins Bob to discuss the work of this year's Nobel (Memorial) Prize Winner Claudia Goldin, with an emphasis on the male-female wage gap. Claudia Golden and Tyler Cowan Discuss The Gender Earnings Gap: Mises.org/HAP418a Claudia Golden's Paper on The Pill: Mises.org/HAP418b More Content from Brian: Mises.org/HAP418c Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: Mises.org/FL23 Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Duration:00:51:56

Diving Deeper into the Fed's Trillion Dollar Loss

10/14/2023
Jonathan Newman rejoins Bob to explore more of the mechanics and political implications of the Fed's current state of insolvency. The Mercatus Article on Quantitative Easing: Mises.org/HAP417a Furman's Op-Ed in the WSJ: Mises.org/HAP417b Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: Mises.org/FL23 Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Duration:01:06:20

Inflation in Money or Prices? The Definition Matters

10/6/2023
Andreas Granath is a recovering socialist who discovered the truth and beauty of Austrian economics and libertarianism. He joins Bob to discuss his recent article explaining the different definitions of "inflation" and why it matters. Andreas' Mises Wire Article on CPI: Mises.org/HAP416a The Silly IMF Tutorial on Inflation: Mises.org/HAP416b Bob's Mises University Lecture on Price Inflation: Mises.org/HAP416c Yaron Brook & Łukasz Dominiak Debate on Minarchy vs. Anarchy: Mises.org/HAP416d Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: Mises.org/FL23 Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Duration:00:35:56

How Is the Fed Insolvent and Why Should We Care?

9/30/2023
Alex Pollock has decades of experience in financial markets, including a position as President of the Federal Home Loan Bank of Chicago. He explains to Bob the mechanics of the Fed's current insolvency and its implications for ordinary Americans. Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: Mises.org/FL23

Duration:00:49:42

Are Workers Being Paid Their Product? Watch Out for Misleading Charts

9/22/2023
Dr. Jonathan Newman joins Bob to break down the data used in a popular productivity vs. pay graph. They show why you should be wary of charts coming from agenda-driven institutions and how you can spot manipulated data. The charts mentioned during this episode are available at: Mises.org/HAP414Charts Gene Epstein on the Bob Murphy Show: Mises.org/HAP414a The Economic Policy Institute 2022 Paper: Mises.org/HAP414b The Economic Policy Institute 2015 Paper: Mises.org/HAP414c Gene Epstein's Mises University 'Dirty Data' Lecture: Mises.org/HAP414d FRED Blog Post on the Chart and Price Indices: Mises.org/HAP414e Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: Mises.org/FL23

Duration:00:55:53

Why Plea Deals Are a Miscarriage of Justice

9/15/2023
Lawyers for two of the Proud Boys convicted for their role in the January 6 assault on the Capitol are filing appeals claiming that they are being subject to a "trial tax," being punished for rejecting a plea deal offer. Bob uses the occasion to explain his long-standing objection to plea deals. Article on the 'Trail Tax' Imposed on the Proud Boys: Mises.org/HAP413a Ex-Proud Boys Leader Sentenced Despite Not Being in Washington on Jan. 6th: Mises.org/HAP413b Twitter Thread on Plea Deals and Justice: Mises.org/HAP413c Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: Mises.org/FL23

Duration:00:59:01

The Beltway Libertarians Are Too Smart for Oliver Anthony

9/8/2023
Ryan McMaken joins Bob to discuss the surprisingly negative reaction (from a Reason writer and Tyler Cowen) to Oliver Anthony's hit song, "Rich Men North of Richmond." Ryan and Bob defend the lyrics, arguing that Anthony doesn't say anything objectionable from either a libertarian or economic perspective. Listen to Oliver Anthony's "Rich Men North of Richmond": Mises.org/HAP412a Christian Britschgi's article in Reason on Oliver Anthony: Mises.org/HAP412b Tyler Cowan's Bloomberg Editorial: Mises.org/HAP412c Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime. Use Code "HA23" for $45 off admission: Mises.org/Nashville23

Duration:00:45:45

Updating Böhm-Bawerk and Fixing Finance

9/1/2023
Peter Lewin joins Bob to discuss his work with Nicolás Cachanosky on uniting Austrian capital theory with mainstream finance. Peter's New Book on Capital and Finance: Mises.org/LewinBook Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime. Use Code "HA23" for $45 off admission: Mises.org/Nashville23

Duration:00:45:31

Is China's Economy Hitting a Roadbump or Quicksand?

8/25/2023
Peter St. Onge joins Bob to discuss his latest piece at Mises.org on "China's Doom Loop." They cover a wide range of topics, including the contrast in leadership between Xi Jinping and Deng Xiaoping, the dollar as global reserve currency, the Belt and Road Initiative, and Jim Rogers' prediction that the 21st century would belong to the Chinese empire. Peter's Article on China: Mises.org/HAP410a Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime. Use Code "HA23" for $45 off admission: Mises.org/Nashville23

Duration:00:40:08

Is the Fed Responsible for the Recent Surge and Fall in Price Inflation?

8/18/2023
Jonathan Newman joins Bob to discuss the argument being put forth by Alan Blinder, James Galbraith, and other progressive economists, who claim that the Federal Reserve's rate hikes couldn't possibly be responsible for the quelling of consumer price inflation. Jonathan and Bob stress the important role of expectations as a "transmission mechanism" from Fed policy to impacts on prices. Galbraith's Article on the Fed's 'Soft Landing': Mises.org/HAP409a The Paper on the Forward Guidance Paradox That Mentions Krugman: Mises.org/HAP409b Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime: Mises.org/Nashville23

Duration:00:52:17

The Mirage of "Equal Pay" in Sports

8/11/2023
Ryan McMaken joins Bob to discuss the recent US Women's World Cup elimination, and to dispel the myth that markets are discriminatory. After defending Megan Rapinoe's failed penalty kick, they dismantle her outspoken views on "equal pay" in sports, and examine the left's claim that law is required to fix prejudice in the labor market. Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime: Mises.org/Nashville23

Duration:00:37:49

Soft Landing? Not Likely

8/4/2023
As Fed staffers no longer predict an impending recession, economists on social media are all assuring themselves that Americans are in store for a "soft landing." Mises Fellow Jonathan Newman joins Bob to explain why the data still support the case for recession and point out the eerie similarity to the calm before the storm in 2008. Robert Lucas' Nobel Prize Winning Lecture: Mises.org/HAP407a Bob's Eerie Article from 2007 on the Recession: Mises.org/HAP407b 'Bernanke Was Wrong' Compilation: Mises.org/HAP407c 'Peter Schiff Was Right' Compilation: Mises.org/HAP407d Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime: Mises.org/Nashville23

Duration:00:57:03

Everything You Need to Know About FedNow

7/28/2023
David Brady, Jr. discusses his recent article at mises.org, in which he argues that the newly launched "FedNOW" system isn't a CBDC. Even so, there are dangers from FedNOW, such as exacerbating bank runs. David also explains the new Mises Apprenticeship program, of which he is a member. David's Article on Mises.org: Mises.org/HAP406a George Selgin Cato Article on FedNow: Mises.org/HAP406b Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime: Mises.org/Nashville23

Duration:00:48:10

How the Fed Could Bring in a CBDC Through the Back Door

7/21/2023
George Gammon, host of the popular Rebel Capitalist show, warns that the Fed won't have to force the public to adopt a central bank digital currency (CBDC). Instead, the public might clamor for it, being promised safe, high-interest checking accounts at the Fed, just like Jamie Dimon. The Rebel Capitalist show: Mises.org/HAP405a Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime: Mises.org/Nashville23

Duration:00:58:03