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Welcome to Crimetown, a series produced by Marc Smerling and Zac Stuart-Pontier in partnership with Gimlet Media. Each season, we investigate the culture of crime in a different city. In Season 2, Crimetown heads to the heart of the Rust Belt: Detroit, Michigan. From its heyday as Motor City to its rebirth as the Brooklyn of the Midwest, Detroit’s history reflects a series of issues that strike at the heart of American identity: race, poverty, policing, loss of industry, the war on drugs, an ...
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Вміст надано Mises Institute. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Mises Institute або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
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Вміст надано Mises Institute. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Mises Institute або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
The Human Action Podcast features in-depth interviews on current topics in economics through an Austro libertarian lens.
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In this episode of the Human Action Podcast, Bob analyzes the key arguments from the recent immigration debate at the Soho Forum between Dave Smith and Alex Nowrasteh. He clarifies the critical issue of how libertarians should approach immigration when the government controls significant property and resources, explores the implications for public property rights, and examines empirical claims made during the debate. Alex Nowrasteh's Cato Article on Immigrants' Welfare and Entitlement Benefits Consumption: Mises.org/HAP502a Alex's Cato Article, "Do Immigrants Affect Economic Institutions?": Mises.org/HAP502b Alex's Cato Article, "The Fiscal Impact of Immigration in the United States": Mises.org/HAP502c The Soho Debate Between Dave Smith and Alex Nowrasteh: Mises.org/HAP502d The Human Action Podcast, "Simon Guenzl vs. Dave Smith on Open Borders": Mises.org/HAP502e 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…
Bob takes a close look at Oren Cass’s recent appearance on Tucker Carlson, where Cass argued for free trade to a skeptical conservative audience. Bob unpacks Cass’s arguments about tariffs, comparative advantage, and trade deficits—not to attack, but to clarify. Using classical and Austrian economics, Murphy shows why U.S. economic malaise can’t be solved with tariffs, but also why dismissing Cass’s concerns outright is a strategic and economic mistake. Oren Cass on The Tucker Carlson Show: Mises.org/HAP501a Oren Cass on The Infineo Podcast: Mises.org/HAP501b The Human Action Podcast Episode on Comparative Advantage: Mises.org/HAP501c Oren Cass, "Free Trade's Origin Myth": Mises.org/HAP501d Oren Cass, "The Truth About Tariffs": Mises.org/HAP501e 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…
Economist Alex Tabarrok joins Bob to review Trump’s executive order on prescription drug pricing. They explore how price discrimination works in global pharmaceutical markets, the unintended consequences of importation policies, and why U.S. consumers often pay more—yet benefit most from drug innovation. Tabarrok also critiques the FDA’s role in delaying treatments and explains how regulatory reform, not price caps, could make healthcare more affordable and effective. Alex's Article, "Econ 101 is Underrated: Pharma Price Controls": Mises.org/HAP500a 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 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…
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…
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…
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…
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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Схожі до The Human Action Podcast
The Seen and the Unseen, hosted by Amit Varma, features longform conversations that aim to give deep insights into the subjects being discussed. Timeless and bingeworthy.
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continue reading
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continue reading
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…
continue reading
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