Podcasts about calculation and knowledge

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Best podcasts about calculation and knowledge

Latest podcast episodes about calculation and knowledge

The Human Action Podcast
Explaining the Quirks in the GDP Report

The Human Action Podcast

Play Episode Listen Later May 12, 2025


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/HAP499aThe GDP Report: Mises.org/HAP499bHuman Action Podcast on Unpacking Trumps Tariff Strategy: Mises.org/HAP499cBob's Mises Daily Article, "Inventories Don't Kill Growth — People Kill Growth": Mises.org/HAP499dBob's Article, "Sorry MAGA, the GDP Report Is Not Rosy": Mises.org/HAP499eThe 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

Mises Media
Explaining the Quirks in the GDP Report

Mises Media

Play Episode Listen Later May 12, 2025


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/HAP499aThe GDP Report: Mises.org/HAP499bHuman Action Podcast on Unpacking Trumps Tariff Strategy: Mises.org/HAP499cBob's Mises Daily Article, "Inventories Don't Kill Growth — People Kill Growth": Mises.org/HAP499dBob's Article, "Sorry MAGA, the GDP Report Is Not Rosy": Mises.org/HAP499eThe 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

Audio Mises Wire
Are the Transfer Portal and NIL Ruining College Sports? Explaining the Changes Using Austrian Economics

Audio Mises Wire

Play Episode Listen Later Feb 8, 2025


A common refrain among college fans is, "The Transfer Portal and NIL are ruining college sports." But are they? Before we can answer that question, we have to be able to explain what is happening, and Austrian economics provides the best analytical tools.Original article: Are the Transfer Portal and NIL Ruining College Sports? Explaining the Changes Using Austrian Economics

Mises Media
Are the Transfer Portal and NIL Ruining College Sports? Explaining the Changes Using Austrian Economics

Mises Media

Play Episode Listen Later Feb 8, 2025


A common refrain among college fans is, "The Transfer Portal and NIL are ruining college sports." But are they? Before we can answer that question, we have to be able to explain what is happening, and Austrian economics provides the best analytical tools.Original article: Are the Transfer Portal and NIL Ruining College Sports? Explaining the Changes Using Austrian Economics

Audio Mises Wire
The Pretense of Knowledge

Audio Mises Wire

Play Episode Listen Later Jan 31, 2025


Fifty years ago today, December 11, 1974, F.A. Hayek gave his Nobel Lecture in Sweden. The conflict between what the public expects science to achieve in satisfaction of popular hopes, and what is really in its power, is a serious matter.Original article: The Pretense of Knowledge

Mises Media
The Pretense of Knowledge

Mises Media

Play Episode Listen Later Jan 31, 2025


Fifty years ago today, December 11, 1974, F.A. Hayek gave his Nobel Lecture in Sweden. The conflict between what the public expects science to achieve in satisfaction of popular hopes, and what is really in its power, is a serious matter.Original article: The Pretense of Knowledge

The Human Action Podcast
The Flaws of GDP Accounting Explained

The Human Action Podcast

Play Episode Listen Later Jan 11, 2025


Bob looks at the misconceptions and misuses of GDP accounting, explaining why this widely accepted metric often paints a misleading picture of economic health.Bob's 2009 Mises Article on Krugman: Mises.org/HAP482aHuman Action Podcast Episode 481 on Business Cycle Theory: Mises.org/HAP482bBob's Mises Article on GDP: Mises.org/HAP482cThe 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

Mises Media
The Flaws of GDP Accounting Explained

Mises Media

Play Episode Listen Later Jan 11, 2025


Bob looks at the misconceptions and misuses of GDP accounting, explaining why this widely accepted metric often paints a misleading picture of economic health.Bob's 2009 Mises Article on Krugman: Mises.org/HAP482aHuman Action Podcast Episode 481 on Business Cycle Theory: Mises.org/HAP482bBob's Mises Article on GDP: Mises.org/HAP482cThe 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

Audio Mises Wire
Economic Calculation and the Entrepreneur

Audio Mises Wire

Play Episode Listen Later Oct 23, 2024


The concept of economic calculation is vitally important to understanding our modern economy, yet few people— and especially economists—comprehend that it even exists. Original article: Economic Calculation and the Entrepreneur

Mises Media
Economic Calculation and the Entrepreneur

Mises Media

Play Episode Listen Later Oct 23, 2024


The concept of economic calculation is vitally important to understanding our modern economy, yet few people— and especially economists—comprehend that it even exists. Original article: Economic Calculation and the Entrepreneur

Mises Media
Only the Austrians Can Defeat Central Banking

Mises Media

Play Episode Listen Later Oct 16, 2024


Presented in Hilton Head Island, South Carolina on Friday, October 11, 2024.Sponsored by Mark and Mirella Monoscalco.

Mises Media
Calculation and Socialism

Mises Media

Play Episode Listen Later Jul 30, 2024


A modern socialist economy is impossible.Recorded at the Mises Institute in Auburn, Alabama, on July 30, 2024.Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.

Audio Mises Wire
No, "Science" Has Not Proven Mises Wrong on Socialism

Audio Mises Wire

Play Episode Listen Later Mar 3, 2024


Socialists never give up trying to prove that socialism can maintain a functioning economy. Some have dragged out a nearly forty year old study as their exhibit A.Original Article: No, "Science" Has Not Proven Mises Wrong on Socialism

Mises Media
No, "Science" Has Not Proven Mises Wrong on Socialism

Mises Media

Play Episode Listen Later Mar 3, 2024


Socialists never give up trying to prove that socialism can maintain a functioning economy. Some have dragged out a nearly forty year old study as their exhibit A.Original Article: No, "Science" Has Not Proven Mises Wrong on Socialism

Audio Mises Wire
Mises versus Hayek on the Future of Civilization

Audio Mises Wire

Play Episode Listen Later Oct 2, 2023


While F.A. Hayek is known for his term “spontaneous order,” Mises saw institutional development as coming from growth in human understanding of things. Original Article: Mises versus Hayek on the Future of Civilization

Audio Mises Wire
Mises versus Hayek on the Future of Civilization

Audio Mises Wire

Play Episode Listen Later Oct 2, 2023


While F.A. Hayek is known for his term “spontaneous order,” Mises saw institutional development as coming from growth in human understanding of things. Original Article: Mises versus Hayek on the Future of Civilization

Mises Media
Mises versus Hayek on the Future of Civilization

Mises Media

Play Episode Listen Later Oct 2, 2023


While F.A. Hayek is known for his term “spontaneous order,” Mises saw institutional development as coming from growth in human understanding of things. Original Article: Mises versus Hayek on the Future of Civilization

Audio Mises Wire
AI Lacks the Entrepreneurial Intelligence to Plan an Economy

Audio Mises Wire

Play Episode Listen Later Sep 10, 2023


Despite what many elites believe, AI can do many things, but it cannot successfully plan an economy. It lacks the intelligence of an entrepreneur. Original Article: "AI Lacks the Entrepreneurial Intelligence to Plan an Economy"

Mises Media
AI Lacks the Entrepreneurial Intelligence to Plan an Economy

Mises Media

Play Episode Listen Later Sep 10, 2023


Despite what many elites believe, AI can do many things, but it cannot successfully plan an economy. It lacks the intelligence of an entrepreneur. Original Article: "AI Lacks the Entrepreneurial Intelligence to Plan an Economy"

Audio Mises Wire
AI Lacks the Entrepreneurial Intelligence to Plan an Economy

Audio Mises Wire

Play Episode Listen Later Sep 7, 2023


Despite what many elites believe, AI can do many things, but it cannot successfully plan an economy. It lacks the intelligence of an entrepreneur. Original Article: "AI Lacks the Entrepreneurial Intelligence to Plan an Economy"

Audio Mises Wire
The Problem with Public Transit

Audio Mises Wire

Play Episode Listen Later Sep 5, 2023


Much of government-owned transportation destroys rather than adds to wealth. The lack of a sound system of economic calculation is to blame. Original Article: "The Problem with Public Transit"

Mises Media
The Problem with Public Transit

Mises Media

Play Episode Listen Later Sep 5, 2023


Much of government-owned transportation destroys rather than adds to wealth. The lack of a sound system of economic calculation is to blame. Original Article: "The Problem with Public Transit"

Audio Mises Wire
The Problem with Public Transit

Audio Mises Wire

Play Episode Listen Later Sep 3, 2023


Much of government-owned transportation destroys rather than adds to wealth. The lack of a sound system of economic calculation is to blame. Original Article: "The Problem with Public Transit"

Audio Mises Wire
Economic Calculation Is Nonbinary

Audio Mises Wire

Play Episode Listen Later Aug 31, 2023


Economic calculation is not an either-or proposition. Even in so-called market economies like that of the USA, there is plenty of government intervention that distorts market processes. Original Article: "Economic Calculation Is Nonbinary"

Mises Media
Economic Calculation Is Nonbinary

Mises Media

Play Episode Listen Later Aug 31, 2023


Economic calculation is not an either-or proposition. Even in so-called market economies like that of the USA, there is plenty of government intervention that distorts market processes. Original Article: "Economic Calculation Is Nonbinary"

Audio Mises Wire
What Marxists Say about "Market Socialism"

Audio Mises Wire

Play Episode Listen Later Aug 21, 2023


Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented. Original Article: "What Marxists Say about "Market Socialism""

Mises Media
What Marxists Say about "Market Socialism"

Mises Media

Play Episode Listen Later Aug 21, 2023


Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented. Original Article: "What Marxists Say about "Market Socialism""

Mises Media
The Economics of Police and the Deep State

Mises Media

Play Episode Listen Later Aug 3, 2023


On this episode of Good Money, Tho is joined by Tate Fegley of Montreat College. Dr. Fegley talks about his lectures from Mises University on policing, AI, and the deep state, and the important topic of economic calculation that connects the three. In the final segment, Tho looks at the economics of college football in the aftermath of FSU's threat of secession from their conference. Good Money listeners can order a special $5 book bundle that includes How To Think About the Economy and What Has Government Done to Our Money? with free shipping using promo code "GoodMoney" at Mises.org/Good Receive a free subscription to The Austrian magazine at Mises.org/Magazine

Mises Media
Firms, Managers, and Entrepreneurship

Mises Media

Play Episode Listen Later Jul 28, 2023


Experienced entrepreneurs are Austrians. Download the slides from this lecture at Mises.org/MU23_PPT_35. Recorded at the Mises Institute in Auburn, Alabama, on 28 July 2023.

Mises U 2023
Firms, Managers, and Entrepreneurship

Mises U 2023

Play Episode Listen Later Jul 28, 2023


Experienced entrepreneurs are Austrians. Download the slides from this lecture at Mises.org/MU23_PPT_35. Recorded at the Mises Institute in Auburn, Alabama, on 28 July 2023.

Mises Media
Game Theory

Mises Media

Play Episode Listen Later Jul 27, 2023


Game theory done the wrong way eliminates individual choice. Download lecture slides at Mises.org/MU23_PPT_30. Recorded at the Mises Institute in Auburn, Alabama, on 27 July 2023.

Mises Media
How the Institute was Founded

Mises Media

Play Episode Listen Later Jul 27, 2023


Mises Media
Do Big Data and AI Solve the Socialist Calculation Problem?

Mises Media

Play Episode Listen Later Jul 27, 2023


“Our civilization is inseparably linked with our methods of economic calculation. It would perish if we were to abandon this most precious intellectual tool of acting.” Download lecture slides at Mises.org/MU23_PPT_28. Recorded at the Mises Institute in Auburn, Alabama, on 27 July 2023.

Mises U 2023
Game Theory

Mises U 2023

Play Episode Listen Later Jul 27, 2023


Game theory done the wrong way eliminates individual choice. Download lecture slides at Mises.org/MU23_PPT_30. Recorded at the Mises Institute in Auburn, Alabama, on 27 July 2023.

Mises U 2023
Do Big Data and AI Solve the Socialist Calculation Problem?

Mises U 2023

Play Episode Listen Later Jul 27, 2023


“Our civilization is inseparably linked with our methods of economic calculation. It would perish if we were to abandon this most precious intellectual tool of acting.” Download lecture slides at Mises.org/MU23_PPT_28. Recorded at the Mises Institute in Auburn, Alabama, on 27 July 2023.

Mises U 2023
How the Institute was Founded

Mises U 2023

Play Episode Listen Later Jul 27, 2023


Mises Media
Calculation and Socialism

Mises Media

Play Episode Listen Later Jul 25, 2023


In 1920, Ludwig von Mises destroyed the intellectual foundations of the case for socialist central planning. Download lecture slides at Mises.org/MU23_PPT_12. Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2023.

Audio Mises Wire
Why Mises's Theory of Economic Calculation Still Is Relevant Today

Audio Mises Wire

Play Episode Listen Later Jul 20, 2023


Whether political elites promote outright socialism or interventionism, thanks to the reality of economic calculation, they are advocating a failed economy. Original Article: "Why Mises's Theory of Economic Calculation Still Is Relevant Today"

Mises Media
Why Mises's Theory of Economic Calculation Still Is Relevant Today

Mises Media

Play Episode Listen Later Jul 20, 2023


Whether political elites promote outright socialism or interventionism, thanks to the reality of economic calculation, they are advocating a failed economy. Original Article: "Why Mises's Theory of Economic Calculation Still Is Relevant Today"

Audio Mises Wire
The Market Process Is Not a Knowledge Problem

Audio Mises Wire

Play Episode Listen Later Jun 19, 2023


While F.A. Hayek's famous 1945 essay effectively critiques the "perfect information" hypothesis, it is an inadequate explanation of the issue of economic calculation. Original Article: "The Market Process Is Not a Knowledge Problem"

Mises Media
The Market Process Is Not a Knowledge Problem

Mises Media

Play Episode Listen Later Jun 19, 2023


While F.A. Hayek's famous 1945 essay effectively critiques the "perfect information" hypothesis, it is an inadequate explanation of the issue of economic calculation. Original Article: "The Market Process Is Not a Knowledge Problem"

Audio Mises Wire
The Failure of Public Works and Public Funding

Audio Mises Wire

Play Episode Listen Later May 30, 2023


Shoddy service, regular breakdowns, and overbudget to boot. There is a reason why government-funded projects always waste resources. Original Article: "The Failure of Public Works and Public Funding"

Mises Media
The Failure of Public Works and Public Funding

Mises Media

Play Episode Listen Later May 30, 2023


Shoddy service, regular breakdowns, and overbudget to boot. There is a reason why government-funded projects always waste resources. Original Article: "The Failure of Public Works and Public Funding"

The Human Action Podcast
Can Supercomputers Make Socialism Work?

The Human Action Podcast

Play Episode Listen Later May 5, 2023


Jonathan Newman joins Bob to critique a recent Twitter argument where some were claiming that supercomputers solved the socialist calculation problem. The Twitter thread on AI and Socialism: Mises.org/HAP394a Bob on Socialism and calculation vs knowledge: Mises.org/HAP394b Karras Lambert and Tate Fegley on economic calculation and AI: Mises.org/HAP394c

The Human Action Podcast
<![CDATA[Can Supercomputers Make Socialism Work?]]>

The Human Action Podcast

Play Episode Listen Later May 5, 2023


Jonathan Newman joins Bob to critique a recent Twitter argument where some were claiming that supercomputers solved the socialist calculation problem. The Twitter thread on AI and Socialism: Mises.org/HAP394a Bob on Socialism and calculation vs knowledge: Mises.org/HAP394b Karras Lambert and Tate Fegley on economic calculation and AI: Mises.org/HAP394c]]>

The Human Action Podcast
Can Supercomputers Make Socialism Work?

The Human Action Podcast

Play Episode Listen Later May 5, 2023


Jonathan Newman joins Bob to critique a recent Twitter argument where some were claiming that supercomputers solved the socialist calculation problem. The Twitter thread on AI and Socialism: Mises.org/HAP394a Bob on Socialism and calculation vs knowledge: Mises.org/HAP394b Karras Lambert and Tate Fegley on economic calculation and AI: Mises.org/HAP394c

Mises Media
Can Supercomputers Make Socialism Work?

Mises Media

Play Episode Listen Later May 5, 2023


Jonathan Newman joins Bob to critique a recent Twitter argument where some were claiming that supercomputers solved the socialist calculation problem. The Twitter thread on AI and Socialism: Mises.org/HAP394a Bob on Socialism and calculation vs knowledge: Mises.org/HAP394b Karras Lambert and Tate Fegley on economic calculation and AI: Mises.org/HAP394c

Interviews
Can Supercomputers Make Socialism Work?

Interviews

Play Episode Listen Later May 5, 2023


Jonathan Newman joins Bob to critique a recent Twitter argument where some were claiming that supercomputers solved the socialist calculation problem. The Twitter thread on AI and Socialism: Mises.org/HAP394a Bob on Socialism and calculation vs knowledge: Mises.org/HAP394b Karras Lambert and Tate Fegley on economic calculation and AI: Mises.org/HAP394c

Audio Mises Wire
Socialism Isn't about Creating Economies. It Is about Amassing Political Power

Audio Mises Wire

Play Episode Listen Later Mar 23, 2023


Most socialists are not misguided about how to have a prosperous economy, for that is not their goal. Original Article: "Socialism Isn't about Creating Economies. It Is about Amassing Political Power" This Audio Mises Wire is generously sponsored by Christopher Condon.

Mises Media
Socialism Isn't about Creating Economies. It Is about Amassing Political Power

Mises Media

Play Episode Listen Later Mar 23, 2023


Most socialists are not misguided about how to have a prosperous economy, for that is not their goal. Original Article: "Socialism Isn't about Creating Economies. It Is about Amassing Political Power" This Audio Mises Wire is generously sponsored by Christopher Condon.