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The Human Action Podcast
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Manage series 76841
Mises Institute에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Mises Institute 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
The Human Action Podcast features in-depth interviews on current topics in economics through an Austro libertarian lens.
…
continue reading
563 에피소드
모두 재생(하지 않음)으로 표시
Manage series 76841
Mises Institute에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Mises Institute 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
The Human Action Podcast features in-depth interviews on current topics in economics through an Austro libertarian lens.
…
continue reading
563 에피소드
모든 에피소드
×The recent BEA "Advance Estimate" for 1q GDP growth showed a lackluster drop of 0.3 percent, but it included unusually large swings in private inventories and imports, as well as a drop in federal expenditures. Some MAGA fans have argued that once you account for these misleading figures, the report signifies a healthy economy. Murphy mostly disagrees, and shows why the report--taken at face value--does indeed signify poor economic performance. Peter St. Onge, "GDP Goes Negative. And it's Glorious.": Mises.org/HAP499a The GDP Report: Mises.org/HAP499b Human Action Podcast on Unpacking Trumps Tariff Strategy: Mises.org/HAP499c Bob's Mises Daily Article, "Inventories Don't Kill Growth — People Kill Growth": Mises.org/HAP499d Bob's Article, "Sorry MAGA, the GDP Report Is Not Rosy": Mises.org/HAP499e The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree…
Dr. Jonathan Newman returns to the Human Action Podcast to discuss the relaunch of the Mises Academy—including his new course based on Bob's Lessons for the Young Economist textbook. But this conversation goes much deeper than curriculum. Bob and Jonathan unpack the fundamental question: What is economics, really? They explore how Austrian economics differs from psychology, history, and the natural sciences, why economics is more about understanding than prediction, and how praxeology reveals the logical structure of human choice. The New Mises Academy: Mises.org/HAP498a Bob's Lessons for the Young Economist Textbook: Mises.org/HAP498b Bob's Lessons for the Young Economist Teacher's Manual: Mises.org/HAP498c The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree…
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The Human Action Podcast


Dr. Joe Salerno joins Bob to review the recent tensions between Donald Trump and Fed Chairman Jerome Powell. As Trump questions Powell’s leadership and Fed policy, they explore the deeper issues: Should central banks really be "independent"? Does the Fed’s shield from political oversight protect sound economics—or merely insulate elites from accountability? Murphy and Salerno tackle myths about interest rates, inflation, debt monetization, and the Fed’s true relationship with government spending. Trump's Truth Social Post on Inflation: Mises.org/HAP497a Can Trump Fire Federal Reserve Chair Jerome Powell?: Mises.org/HAP497b The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree…
The Modern Monetary Theory (MMT) crowd prides itself on fidelity to actual history. But Murphy shows how leading MMT guru Randall Wray completely distorts his discussion of two historical episodes in his college lecture. Wray, "Modern Money Theory for Beginners": Mises.org/HAP496a The NBER Paper on Colonial Virginia's Money Regime: Mises.org/HAP496b NPR Planet Money, "A Giant Stone Coin At The Bottom Of The Sea": Mises.org/HAP496c Milton Friedman, "The Island Of Stone Money": Mises.org/HAP496d Bob's Article, "MMT and Treasury Debt Payoff": Mises.org/HAP496e The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25…
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The Human Action Podcast


In this episode, Bob breaks down the Triffin dilemma, explaining why it's wrong to assume that maintaining global reserve currency status requires ever-increasing U.S. trade deficits. He shows that America’s chronic deficits are driven more by government spending and fiat money than by global necessity, making the case that returning to fiscal discipline and sound money—not tariffs—is the key to reversing America’s economic decline. Bob and Jonathan Newman on Misleading Charts: Mises.org/HAP495a How Economists Evaluate Tariffs Versus Income Taxes: Mises.org/HAP495b The St. Louis Federal Reserve Article on Historical U.S. Trade Deficits: Mises.org/HAP495c The Charts Referenced in this Episode: Mises.org/HAP495d Saez and Zucman, "The Rise of Income and Wealth Inequality in America": Mises.org/HAP495e Trump's Remarks on the US being a "Tariff-Backed Nation": Mises.org/HAP495f The Tucker Carlson Show with Bob Lighthizer: Mises.org/HAP495g The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25…
Jonathan Newman joins Bob to discuss the debate between Austrians and MMTers on the origins of money. In the Anti-MMT panel at the Austrian Economics Research Conference (AERC), Jonathan presented his research on the archeological evidence that silver was used as money in ancient Mesopotamia and how the evidence vindicates Menger's theory on the origins of money. Jonathan and Bob walk through various MMT responses and make the case that the Austrian school is especially suited to critique Modern Monetary Theory. The Anti-MMT Panel from the 2025 AERC: Mises.org/HAP494a Elon Musk and Ted Cruz Discussing "Magic Money Computers": Mises.org/HAP494b Jonathan's Overwhelming Evidence that Silver was Money in Ancient Mesopotamia: Mises.org/HAP494c The X Thread by Patricia Pino on the Measure of Value of Money: Mises.org/HAP494d Bob's "Origin of the Specie" in The American Conservative: Mises.org/HAP494e R.A Radford's "The Economic Organization of a P.O.W. Camp": Mises.org/HAP494f The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25…
Patrick Newman joins Bob to discuss one of his talks at the Austrian Economics Research Conference (AERC) , where he explained that Simon Kuznets–who developed the method of calculating GNP and GDP statistics–had serious doubts about how to include government expenditures. Patrick's Talk at the 2025 AERC: Mises.org/HAP493a Rothbard's Man, Economy, and State: Mises.org/HAP493b Bob's 2014 Talk on the Great Depression: Mises.org/HAP493c The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25…
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The Human Action Podcast


Bob responds to recent tweets that believe trade deficits are a sign of economic strength. He also includes an op-ed from Robert Barro and a clip from Milton Friedman, to show that even big gun economists can often speak in misleading ways when it comes to trade deficits. Bob's Article on Free Traders Defending Deficits: Mises.org/HAP492a The FRED Chart Referenced in this Episode: Mises.org/HAP492b Bob's 2007 Mises Daily article on Capital Surplus: Mises.org/HAP492c Bob's 2007 Mises Daily article Predicting the Recession: Mises.org/HAP492d The Human Action Podcast Episode on International Trade: Mises.org/HAP492e The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree Join us May 15–17, 2025, at the Mises Institute for our Revisionist History of War Conference: Mises.org/RHW…
One of the common worries about a hard money like gold or Bitcoin is that large price deflation could make lending and investment impossible because nominal interest rates can't go below 0%. Bob explains why these fears are invalid. The Charts Used in This Episode Can Be Viewed Here: Mises.org/HAP491a The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree Join us May 15–17, 2025, at the Mises Institute for our Revisionist History of War Conference: Mises.org/RHW…
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The Human Action Podcast


Bob first reviews the standard libertarian case for legalizing drugs as the way to neutralize the Mexican drug cartels. Then he plays a recent clip where Dave Smith argues that drug prohibition leads to violence because (among other factors) you can't call the cops if someone steals your product. Bob argues that libertarians should stop making this (invalid) argument. Bob's Lessons for the Young Economist: Mises.org/HAP490a Part of the Problem Episode 1233: Mises.org/HAP490b The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25…
Grove City College has recently digitized its collection of post-war materials—including photos, correspondence, and manuscripts—from the great Austrian economist, Ludwig von Mises. Mises' biographer, Guido Hülsmann, joins Bob to discuss some of the treasures that have been made available online. Explore the Grove City College's Digital Mises Archive: Mises.org/HAP489a Dr. Hülsmann's Biography of Mises, The Last Knight of Liberalism: Mises.org/HAP489b Murray's 99th birthday is March 2. Please share pictures of yourself (hashtag #happybirthdayrothbard) reading a Rothbard book or wearing a Rothbard t-shirt. The Mises Institute is celebrating with its Murray99 campaign: Everyone who donates $26 or more using the mises.org/murray99 link will receive a copy of Economic Depressions: Their Cause and Cure, originally published in 1969, and Nations by Consent, originally published in 1994. The first 26 donors will also receive the Rothbard lapel pin. All donations will fund student scholarships. Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25…
Some have proposed that the spending cuts identified by DOGE be directed towards a $5000 tax rebate for Americans who pay federal taxes. Critics warn it could be inflationary, just like the COVID-era stimmies. Bob disagrees, explaining that the DOGE spending cuts offset the impact. Rothbard's Making Economic Sense: Mises.org/HAP488a Bob's Understanding Money Mechanics: Mises.org/HAP488b Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25…
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The Human Action Podcast


Josh Hendrickson is the chair of the Economics Department at the University of Mississippi. He recently brought to Twitter's attention a 41-page document released in November by Stephen Miran, the Harvard PhD whom Trump has nominated as the new chair of the Council of Economic Advisors. The document spells out a strategy of using tariffs and deregulation to Make America Great Again. The 41-Page Tariff Document: Mises.org/HAP487a Josh's X Thread Detailing the Document: Mises.org/HAP487b Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25…
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The Human Action Podcast


Erick Brimen is the CEO of Honduras Próspera, which is described as a "start up city" that offers choice in regulatory treatment. It is an exciting application of libertarian theory to the messy real world of existing States. Find Out More about Honduras Próspera: Mises.org/HAP486a Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25 The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree…
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The Human Action Podcast


Bob analyzes President Trump's recent remarks praising the revenue capacity of tariffs. He shows that historically, tariffs only bought in a small fraction of what income taxes currently yield, meaning federal spending would have to be sharply cut in order to phase out the income tax. HAPod Ep. 458 on Tariffs vs. Income Taxes: Mises.org/HAP485a Brian Domitrovic's Forbes Article, "Supply-Siders Battle Their Tariff Critics": Mises.org/HAP485b Trump on Tariffs: Mises.org/HAP485c The Chart Shown in this Episode: Mises.org/HAP485d Use code Action25 to get 10% off your ticket to Educating for Liberty Mises Circle in Tampa on February 22: Mises.org/Tampa25 The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree…
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