Podcasts about Hayek

In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood that in a free society, inequality is inevitable, and it is something we must accept.Original article: https://mises.org/mises-wire/why-hayek-rejected-merit-based-equality

In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood that in a free society, inequality is inevitable, and it is something we must accept.Original article: https://mises.org/mises-wire/why-hayek-rejected-merit-based-equality

Bob uses clips from his recent interview with Eric Weinstein to explain why Weinstein thinks gauge theory can fix how economists measure the cost of living, unify competing price indices, and handle changing preferences over time, and why Austrians shouldn't dismiss him as a crank. He summarizes Eric's claim that standard mathematical economics relies on the simplest kind of derivative, explaining how much of modern economic modeling is using the wrong math.Related: Bob's Interview with Eric Weinstein on the InFi Podcast: Mises.org/HAP530aThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Bob uses clips from his recent interview with Eric Weinstein to explain why Weinstein thinks gauge theory can fix how economists measure the cost of living, unify competing price indices, and handle changing preferences over time, and why Austrians shouldn't dismiss him as a crank. He summarizes Eric's claim that standard mathematical economics relies on the simplest kind of derivative, explaining how much of modern economic modeling is using the wrong math.Related: Bob's Interview with Eric Weinstein on the InFi Podcast: Mises.org/HAP530aThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

What have the Austrians ever done for us? In terms of understanding the importance of liberty, free markets, and, particularly, how government overreach in economic matters results in long-term damage and decline, the answer is a lot. However, Carl Menger, Ludwig von Mises, Friedrich Hayek, and other members of the so-called Austrian School have long occupied a fringe position in conventional economic thought and have been largely excluded from policymakers' toolkits, which are dominated by Keynesian frameworks. But is this changing? The growing interest in non-state-backed money, the rise of social media, and the Milei Revolution underway in Argentina all suggest it is.   In particular, Javier Milei strongly aligns his worldview with that of the Austrian School and cites, among others, Mises, Hayek and Murray Rothbard as his philosophical heroes.I was honoured when Dr Mark Thornton of Auburn University and the Mises Institute agreed to join me for a discussion on the Austrian School and its growth since the early 1980s. At that time, we were both econ-undergraduates reading works such as Hayek's The Road to Serfdom, von Mises' Human Action, and Rothbard's Man, Economy & State.  We had a great conversation in which Mark outlined his optimistic view of how Austrian ideas can help us understand the investment landscape and the broader significance of Milei's reform agenda in Argentina. Mark's published works include The Skyscraper Curse: How Austrian Economics Predicted Every Major Economic Crisis of the Last Century.  I began by asking Mark about a former colleague of his at the Mises Institute, Roger Garrison. It turns out we might have attended the same Summer School that Roger taught 45 years ago. As they say, it's a small world. Please enjoy my conversation with the maverick Austrian economist, Dr Mark Thornton. Brought to you by Progressive Equity.    Hayek for the 21st Century: Essays in Political Economy/ Order a FREE copy of the book or multiple copies! Also, you can download the PDF and ePub versions using this link:  https://mises.org/library/book/hayek-21st-century-essays-political-economy    

Der Titel der heutigen Episode lautet: Passagier oder Steuermann? und ist ein Gespräch mit Markus Raunig. Markus Raunig ist Chairman der Startup-Dachplattform AustrianStartups und Co-Host von Österreichs führendem Tech-Podcast Future Weekly. Als Initiator der Stiftung Unternehmerische Zukunft setzt er sich für einen Kulturwandel zu mehr Unternehmergeist ein und berät politische Entscheidungsträger bei der Umsetzung einer innovationsfreundlichen Politik – unter anderem im Startup-Rat der österreichischen Bundesregierung und in der Startup Nations Alliance der EU-Kommission. Als Co-Autor des Austrian Startup Monitors und der Austrian Startup Agenda ist er einer der führenden Experten für die Entwicklung von innovativen Wachstumsunternehmen. Mein neues Buch: Hexenmeister oder Zauberlehrling? Die Wissensgesellschaft in der Krise ist verfügbar! Schon gelesen? Die heutige Episode ist ausnahmsweise sowohl sehr passend für die aktuelle Situation in Europa, besonders in Deutschland und Österreich, als auch langfristig gültig. Wir sprechen über die Frage, was Unternehmertum heute bedeutet und warum Unternehmer heute oftmals in einem so eigenartigen Licht dargestellt werden: Haben wir Angst vor Entscheidungen und vor Freiheit? Wer schafft Werte in modernen Gesellschaften und wie gelingt es uns, irreführende Narrative abzubauen? Klassenkampf wird von manchen Seiten inszeniert, aber wohl ohne zu verstehen, welcher Schaden damit angerichtet wird. Was kann man besonders jungen Menschen raten, die innovative Ideen haben und diese umsetzen wollen – ohne durch vermeidbare Fehler zu scheitern? Aber das Thema geht im Grunde weit über unternehmerische und wirtschaftliche Fragen hinaus. Was können wir tun, damit Menschen sich nicht wie Passagiere im eigenen Leben fühlen, sondern in die Lage versetzt werden, eigene, selbstbestimmte Entscheidungen zu treffen? Wie kann eine Gesellschaft strukturiert werden, um individuelle Freiheit und unterschiedliche Lebensentwürfe nicht nur auf dem Papier, sondern in der Realität zu ermöglichen? Wir beginnen das Gespräch mit der Frage, was Markus Raunig persönlich motiviert, sich so intensiv mit Wirtschaft und vor allem Unternehmertum auseinanderzusetzen.„ »Ich habe mich gefühlt wie ein Passagier im eigenen Leben.« Was ist dann passiert? Wie ist diese Erkenntnis zustande gekommen? »Jedes Problem da draußen ist eigentlich auch eine Chance, etwas selbst in die Hand zu nehmen – und es macht richtig Spaß, auch etwas aufzubauen.« Wie ist es aber mit dem Unternehmertum in Österreich, Deutschland und in Europa bestellt? Sind wir hier im internationalen Vergleich noch wettbewerbsfähig? Die kurze Antwort ist: In vielen Bereichen leider nicht. Aber was ist die längere Antwort? »Wenn man sich das Unternehmertum in der Gesellschaft ansieht, gibt es teilweise auch ein sehr verzerrtes Bild. […] So sagen 1/3 der Millennials, dass Unternehmer keinen positiven Beitrag zur Gesellschaft leisten.« Auch Universitäten leisten bei Weitem nicht das, was man erwarten würde. Was können wir ändern? »Im Jammern, im Raunzen sind wir richtig gut als Österreicher – da muss etwas gemacht werden –, aber dass wir selbst etwas beitragen können, das ist für viele Menschen nicht greifbar.« Was ist das aktuelle Bild des Unternehmertums in der Gesellschaft, wie sieht die Wirklichkeit aus? »Medial getragene Klassenkrieg-Narrative spielen eine Rolle.« Was können wir tun, um diese besser in Einklang zu bringen? Wie kann man verständlich machen, dass ein Kuchen gebacken werden muss, bevor er verteilt werden kann, und außerdem, dass jeder mehr bekommt, wenn zwei statt einem Kuchen gebacken werden? Arbeitsteilung ist eines der erfolgreichsten und fundamentalsten Prinzipien der Moderne und damit drängt sich natürlich die Frage auf, wie diese Arbeit genau zu verteilen ist und wer das »bestimmt«. »Die Komplexität hat ein Level erreicht, dass das zentral nicht mehr steuerbar ist. Ich glaube, es braucht den Markt als Ort, der diese Komplexität managbar macht.« Was ist aber der Reiz dieser zentralen Modelle, warum glauben immer noch so viele Menschen, dass zentrale Einheiten, »der Staat« oder im schlimmsten Fall gar ein »Führer« diese Herausforderungen im Sinne der Menschen lösen könnten? Warum kann hier die kurzfristige Betrachtung in die Irre führen? Wo ist das »Wissen der Welt« verortet, das wir benötigen, um unsere Welt am Laufen zu halten und weiterzuentwickeln? Wie kann man diese Komplexität und das Menschliche dahinter greifbar machen? Wie können wir das Unternehmerische auch im Bildungssystem verankern und damit früh wecken? Dazu kommt – besonders heute immer wieder betont – Menschen haben sehr unterschiedliche Bedürfnisse und Lebensentwürfe. Wer glaubt, dass diese von einer zentralen staatlichen Autorität berücksichtigt würden? Was passiert, wenn Freiheiten kollidieren? Nehmen wir Freiheit für selbstverständlich und verlieren sie daher schneller, als wir es für möglich halten? Fürchten sich manche Menschen gar vor Freiheit? Muss man Freiheit lernen? Muss man es üben, eigene Entscheidungen zu treffen? Wie kann das gelingen? Was macht Markus Raunig und seine Organisationen, um auch bei Kindern und Jugendlichen den unternehmerischen Funken zu wecken? Wie funktionieren diese Programme in der Praxis? Wie kann man daran teilnehmen? Was hat Fortschritt ermöglicht? Was hat sich seit der industriellen Revolution und ihren enormen Leistungen verändert? Stecken wir heute bei fast allen größeren Unternehmungen im Sand fest? Bringen wir nicht einmal das zustande, was unsere Urgroßväter mit wesentlich weniger Technik geleistet haben? Strukturen und Organisationen entwickeln häufig ein Eigenleben, das nicht mehr mit der initialen Mission vereinbar ist. Ist das alternativlos? Entstehen Parallelgesellschaften, protektionistische Systeme, die Macht und Geld verwalten, aber ihren ursprünglichen Zweck entweder verloren haben oder aus prinzipiellen Gründen nicht mehr erreichen können? Zwei wichtige Fragen sind noch zu diskutieren: Verantwortung und Risiko – wie geht man damit in einer komplexen Gesellschaft produktiv um? Gehen wir zu unsauber mit dem Begriff »Marktversagen« um, wenn tatsächlich ein politisches Versagen dahintersteht? Dann sprechen wir ein Risiko-Dilemma an: Wie kann man damit umgehen, dass man es als Gesellschaft einerseits möchte, dass Menschen (unternehmerische) Risiken eingehen und dafür auch die Verantwortung tragen, aber andererseits die negativen Effekte nicht so dramatisch sein dürfen, dass eben diese Risiken niemand mehr eingehen möchte? »Die Angst vor dem Scheitern ist ein sehr wichtiger Faktor, wenn es darum geht, warum viele Menschen nicht in eine unternehmerische Karriere gehen.« Nur wenige Unternehmen machen nach fünf Jahren noch das, womit sie begonnen haben. Ist das normal? »Dieses Scheitern im Kleinen, das muss kulturell viel normaler werden. […] Das gehört dazu, zum unternehmerischen Wirken.« Was ist in den letzten 25 Jahren passiert, das unsere Nationen, jedenfalls in Europa, auf den Weg in die tiefe Krise, in eine dysfunktionale Wirtschaft geführt hat? »Es gibt viele Themen, wo man aktuell unpopuläre, aber mutige Entscheidungen treffen müsste, und es gibt aus einer ganz klassischen Anreiz-Perspektive überhaupt keine Anreize für Politiker, in diese Richtung zu gehen.« Aber es ist nicht nur ein politisches Problem. Warum ist es für Startups so viel einfacher, vernünftige Finanzierung etwa in den USA zu bekommen, während in Europa dem Anschein nach kaum jemand bereit ist, diese Risiken aufzunehmen? Aber es ist nicht nur Politik und Finanzierung, auch die Kundenseite ist ein positiver oder eben (in Europa) negativer Faktor. Aber auch in den USA gibt es Bewegungen, die dem Anreiz, Talente aus Europa anzuziehen, entgegenwirken. Warum gelingt es uns trotzdem nicht, diese in Europa zu binden? »Der Ruf des Kontinents ist aktuell: Regulierung, Regulierung, Regulierung.« Wie lässt sich das Narrativ des Unternehmertums nun in der Breite, im öffentlichen Diskurs verbessern? In früheren Episoden habe ich das »Future Brunels«-Programm in England angesprochen; wären solche Initiativen auch in Österreich und Deutschland sinnvoll? Können wir uns so vielleicht von Individuen, von Personen motivieren lassen und Identifikationsfiguren schaffen? Markus Raunig erwähnt hier auch ganz konkret Programme wie etwa das Entrepreneurial Leadership Program. Zuletzt stelle ich die Frage, was man ganz konkret jungen Menschen empfehlen kann, die eine Idee haben und diese umsetzen wollen. Referenzen Andere Episoden Episode 140: Mensch und Technik über Generationen — eine Reflexion mit Magdalena Molnar und Gabriel Kopper Episode 138: Im Windschatten der Narrative, ein Gespräch mit Ralf M. Ruthardt Episode 136: Future Brunels? Learning from the Generation that Transformed the World. A Conversation with Dr. Helen Doe Episode 135: Friedrich Hayek und die Beschränktheit der menschlichen Vernunft. Ein Gespräch mit Nickolas Emrich Episode 131: Wot Se Fack, Deutschland? Ein Gespräch mit Vince Ebert Episode 130: Populismus und (Ordo)liberalismus, ein Gespräch mit Nils Hesse Episode 128: Aufbruch in die Moderne — Der Mann, der die Welt erfindet! Episode 117: Der humpelnde Staat, ein Gespräch mit Prof. Christoph Kletzer Episode 114: Liberty in Our Lifetime 2: Conversations with Lauren Razavi, Grant Romundt and Peter Young Episode 109: Was ist Komplexität? Ein Gespräch mit Dr. Marco Wehr Episode 102: Live im MQ, Verantwortung. Ein Gespräch mit Daphne Hruby Episode 74: Apocalype Always Episode 71: Stagnation oder Fortschritt — eine Reflexion an der Geschichte eines Lebens Episode 65: Getting Nothing Done — Teil 2 Episode 64: Getting Nothing Done — Teil 1 Fachliche Referenzen Markus Raunig auf LinkedIn Podcast Future Weekly Future Weekly Episode 465 (Liquid AI) Stiftung Unternehmertum Entrepreneurial Leadership Program Youth Entrepreneurship week Initiative for Teaching Entrepreneurship IFTE Friedrich von Hayek, The Road to Serfdom, Routledge (1944)

This week, Bob walks through two related debates: Hoppe's criticism of Argentina's President Milei for not immediately closing Argentina's central bank, and the follow-up exchange between Guido Hülsmann and Philipp Bagus on Mises.org over dollarization and the peso. Along the way, he reviews Mises's distinctions among commodity, credit, and fiat money, the concepts of money substitutes and fiduciary media, and the interesting structure of Argentina's short-term central bank debtGuido Hülsmann and Philipp Bagus' Debate on Mises.org: Mises.org/HAP529aThe Human Action Podcast Episode with Nicolás Cachanosky: Mises.org/HAP529bBob's Study Guide to The Theory of Money and Credit: Mises.org/HAP529cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

This week, Bob walks through two related debates: Hoppe's criticism of Argentina's President Milei for not immediately closing Argentina's central bank, and the follow-up exchange between Guido Hülsmann and Philipp Bagus on Mises.org over dollarization and the peso. Along the way, he reviews Mises's distinctions among commodity, credit, and fiat money, the concepts of money substitutes and fiduciary media, and the interesting structure of Argentina's short-term central bank debtGuido Hülsmann and Philipp Bagus' Debate on Mises.org: Mises.org/HAP529aThe Human Action Podcast Episode with Nicolás Cachanosky: Mises.org/HAP529bBob's Study Guide to The Theory of Money and Credit: Mises.org/HAP529cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

El sistema electoral transmite las preferencias de los ciudadanos. La tesis de Benito Arruñada, en La culpa es nuestra, es que los problemas del país no son tanto por culpa de unas élites extractivas, que sin duda existen, sino por las preferencias y la cultura de los ciudadanos. «Es habitual que se atribuyan los problemas sociales, desde la corrupción al desempleo o al derroche del presupuesto público, a los políticos y las élites. Muchos problemas sociales derivan menos de la incompetencia o el egoísmo de unos pocos que de la interacción entre preferencias ciudadanas y decisiones políticas».Kapital es posible gracias a sus colaboradores:Crescenta⁠⁠. Invierte como imaginas.⁠⁠En Crescenta son especialistas en la inversión en capital privado. EQT, Cinven, Clearlake… coinvierte con los inversores institucionales más experimentados en fondos de las gestoras más reconocidas. Crescenta selecciona menos del 3% de los fondos de Private Equity que analiza, construyendo así un portfolio concentrado, diseñado para ofrecer diversificación con una única inversión. Desde 10.000 euros hasta millones, con una propuesta adaptada a todos los inversores. Private Equity Growth, Buyouts, secundarios, activos reales. Construye tu cartera con Crescenta.* Rentabilidades pasadas no implican rentabilidades futuras. Consulta riesgos y condiciones.⁠Thenomba⁠. La escuela que te hará encontrar tu propósito.Thenomba es la escuela que nunca tuviste. Un viaje de 12 etapas para entender quién eres, cómo pensar, qué da sentido y cómo transformar el mundo. Cada día, en solo 20 minutos, te acompañan algunos de los mejores pensadores y creadores del ámbito hispano: de Prada, Higinio Marín, Izanami, Miguel Anxo Bastos, Recuenco y muchos más. En un formato revolucionario con videoclases, eventos, lecturas y comunidad, Thenomba cultiva la dimensión más olvidada de nuestra época: la cultural y espiritual. Una propuesta para quienes quieren dejar de ejecutar y empezar a crear. Descubre donde la IA jamás podrá llegar en thenomba.com.Si quieres formar parte de la primera promoción, utiliza el código KAPITAL para llevarte un 10% de descuento. Empiezan las clases el próximo lunes 8 de diciembre.Patrocina Kapital. Toda la información en este link.Índice:0:32 El AVE desde las perspectivas de Coase y Hayek.5:53 Cobrar el salario bruto es más educador.24:42 Autonomía sin responsabilidad.38:11 Nadie vendrá a rescatarnos.46:38 Estado de amiguetes, no capitalismo de amiguetes.1:02:09 Es injusto tasar gananciales en un contexto de inflación.1:17:44 Precios escondidos de la educación.1:21:44 Falsa protección de la parte débil.1:27:10 Inversión en capital humano.1:36:31 La mítica casa ochentera de Alcaraz.1:38:33 Los silencios están permitidos en este podcast.Apuntes:La culpa es nuestra. Benito Arruñada.El uso del conocimiento en la sociedad. Friedrich Hayek.La pretensión del conocimiento. Friedrich Hayek.El problema del coste social. Ronald Coase.Fiesta. Ernest Hemingway.Juan Belmonte, matador de toros. Manuel Chaves Nogales.

On Tuesday's Mark Levin Show, history teaches us and helps demonstrate what patriotism is. But how can we demand patriotism from immigrants when we have American citizens on the neo-fascist right who trash our history? These people are not America first. How can they be America first when they don't understand our history, or founding? They will ensure that the Republicans lose the midterms and the Democrats choose the next president by causing even a small number of Republican and conservative voters to stay home. And the Marxist-Islamist left loves Carlson and the rest of them, as do the Democrat media that continuously promotes them. They know that he and his ilk will deliver them victories. We must do all we can to overcome this. Later, socialism light is not the answer to affordability. Capitalism is how you create prosperity and growth, which creates affordability and supply. Socialism light is also ineffective against aggressive socialism and the RINO proponents sound like liberals or Marxists. They lack coherent philosophy and resort to attacks while ignoring historical lessons from great minds like Milton Friedman, Mises, Hayek, Adam Smith, Reagan, and Trump. Afterward, Secretary of War Pete Hegseth is doing an excellent job. That's why the hate America Democrats relentlessly attack him. They need to get the hell off his back and condemn our enemies instead! Finally, Steve Hilton calls in to discuss his race for Governor of California. He can achieve a political upset next year by adopting Trump's common-sense approach nationwide, focusing on addressing bloated government and high costs driven by the climate insanity. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Nobel Prize for economics has gone to some serious winners over the years -- Hayek, Friedman, and Mundell come to mind. But the Nobel committee has shamed itself over the years as well (looking at you, Krugman), and more recently seemed to indicate a bias toward so-called economic justice than actual economic productivity and prosperity. That is why this year's winners are an encouragement to those of us who see growth as a moral good, and a rising standard of living for all as dependent on progress, innovation, and growth. It is good for the field of economics when good work is rewarded that explains how the world works, and why. It is far better than rewarding econometrics that explain neither.Show Notes:WSJ article by David Henderson Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Dr. Mark Thornton, Senior Fellow at the Mises Institute and Austrian economist who correctly called the housing bubble, warns that we're living in an everything bubble with a flock of black swans ready to ignite a crisis. From commercial real estate cover-ups to private equity opacity, data center spending without defined returns, and trillions in government debt, Dr. Thornton explains how Fed manipulation and artificial interest rates have created malinvestments across the economy—and why Trump's push for lower rates will only fuel more bubble activity. He breaks down Austrian Business Cycle Theory, why we're on the on-ramp to hyperinflation with 2026 looking turbulent, and makes the case for gold and silver as essential hedges against fiat money depreciation in a world of central bank money printing and currency debasement.This episode is brought to you by VanEck. Learn more about the VanEck Rare Earth and Strategic Metals ETF: http://vaneck.com/REMXJuliaLinksX: https://x.com/DrMarkThorntonFree Hayek book: https://store.mises.org/Hayek-for-the-21st-Century-P11367.aspxMises Institute: https://mises.org/profile/mark-thorntonTimestamps: 0:00 Intro and welcome Dr. Mark Thornton 01:09 Concerns about the macro economy 6:35 Fed manipulation creating vast array of potential swans 12:00 What if inflation ticks up? Long-term government debt and currency depreciation fears 14:50 Living through an everything bubble 18:40 Fed outlook22:30 Austrian Business Cycle Theory explained 28:30 Malinvestment and artificial credit expansion 34:50 Who really benefits from the Fed's policies? 44:50 Inflation to pay off the national debt 46:00 Gold and silver as hedges against fiat money depreciation 52:40 Early on in the precious metals bull market, silver going above $50 is 'the end of the beginning' 1:00:03 Path to hyperinflation 1:07:01 Bitcoin and Austrian School of Economics compatibility 1:10:31 Final thoughts and closing

Bob walks through a recent WIRED video on “the economics behind the Great Depression,” correcting its claims on lax regulation, Hoover's alleged inaction, the role of the Fed and the gold standard, and the notion that World War II ended the slump.Bob's Article, "The Depression You've Never Heard Of: 1920-1921": Mises.org/HAP528aBob's Talk, "Contrasting Views of the Great Depression": Mises.org/HAP528bThe WIRED Video, "Economics Professor Answers Great Depression Questions": Mises.org/HAP528cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Bob walks through a recent WIRED video on “the economics behind the Great Depression,” correcting its claims on lax regulation, Hoover's alleged inaction, the role of the Fed and the gold standard, and the notion that World War II ended the slump.Bob's Article, "The Depression You've Never Heard Of: 1920-1921": Mises.org/HAP528aBob's Talk, "Contrasting Views of the Great Depression": Mises.org/HAP528bThe WIRED Video, "Economics Professor Answers Great Depression Questions": Mises.org/HAP528cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Bob revisits capital and interest theory to show why the textbook result “interest = MPK” only holds in a one-good world, and why in actual markets the interest rate emerges from time, prices, and capital valuation—not raw productivity.Bob and Alberto Bisin Discuss the Use of Mathematics in Economics: Mises.org/HAP527aBob's Dissertation, "Unanticipated Intertemporal Change in Theories of Interest": Mises.org/HAP527bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Bob revisits capital and interest theory to show why the textbook result “interest = MPK” only holds in a one-good world, and why in actual markets the interest rate emerges from time, prices, and capital valuation—not raw productivity.Bob and Alberto Bisin Discuss the Use of Mathematics in Economics: Mises.org/HAP527aBob's Dissertation, "Unanticipated Intertemporal Change in Theories of Interest": Mises.org/HAP527bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Meet my friends, Clay Travis and Buck Sexton! If you love Verdict, the Clay Travis and Buck Sexton Show might also be in your audio wheelhouse. Politics, news analysis, and some pop culture and comedy thrown in too. Here’s a sample episode recapping four takeaways. Give the guys a listen and then follow and subscribe wherever you get your podcasts. Mamdanism President Trump will meet New York City Mayor-elect Zohran Mamdani at the White House, a high-profile sit-down that underscores deep ideological divides. Buck analyzes Mamdani’s progressive agenda, including proposals for rent freezes, free public buses, and universal childcare, arguing these policies mirror failed socialist experiments and will worsen housing scarcity in New York City. He explains how government intervention in markets—such as rent control—creates artificial constraints that drive up costs and reduce housing availability, citing economic principles from Hayek’s Road to Serfdom. Buck warns that Mamdani’s tax-hike plans targeting corporations and high earners will further destabilize the city’s economy. FL Gov. Ron DeSantis Buck welcomes FL Governor Ron DeSantis for an in-depth discussion on Florida’s bold proposal to eliminate property taxes on homesteaded properties. DeSantis explains the economic rationale: skyrocketing property valuations are squeezing young families, while local governments have ballooned budgets from $32 billion in 2019 to $56 billion today. He argues that cutting homestead property taxes would protect true homeownership, reduce market distortions, and leverage Florida’s unique tax base, which relies heavily on non-resident property owners. DeSantis outlines plans for a 2026 ballot initiative, addresses concerns about special interests, and contrasts Florida’s lean, results-driven governance with New York’s bloated spending under progressive leadership. The conversation also touches on New York City Mayor-elect Zohran Mamdani’s agenda, warning that policies like rent freezes and anti-police measures will accelerate urban decline. WI Sen. Ron Johnson Wisconsin Senator Ron Johnson of Wisconsin, who discusses alarming revelations about the FBI’s handling of the Thomas Crooks assassination attempt on President Trump. Johnson suggests the Bureau may have withheld critical information about Crooks’ online activity, including radicalization indicators, and criticizes the lack of transparency despite bipartisan efforts to investigate. He confirms his committee is pursuing independent inquiries and warns that more details will surface. The conversation shifts to the Epstein Transparency Act, which passed Congress with near-unanimous support. Johnson explains why the Senate fast-tracked the measure and outlines concerns about protecting victims while ensuring public disclosure. He predicts the DOJ will release files within 30 days of Trump’s signature, though some material may remain withheld for legal reasons. Buck and Johnson agree this rare bipartisan moment reflects overwhelming public demand for accountability in the Epstein case. Johnson also tackles FBI abuses under “Operation Arctic Frost,” describing it as a partisan dragnet targeting Trump allies, Republican groups, and even ordinary citizens in Wisconsin. He calls for full exposure of communications between Biden officials and outside legal operatives, framing the probe as an attempt to criminalize lawful political activity. The senator further advocates ending the Senate filibuster, aligning with Trump’s position to secure election integrity, repair Obamacare’s failures, and advance conservative reforms. Bye, Bye, Dept. of Ed? Buck analyzes Karoline Leavitt’s fiery White House briefing, where she announced a major step toward dismantling the Department of Education. Leavitt detailed plans to redistribute its functions across other agencies, moving toward Trump’s campaign promise to return education control to states and eliminate federal overreach. Buck applauds the move, arguing the Department has long served as a progressive policy arm rather than an educational necessity. The show also previews Trump’s upcoming meeting with New York City Mayor-elect Zohran Mamdani, which Levitt characterized as a stark contrast between Trump’s pragmatic leadership and Mamdani’s far-left agenda. Buck predicts fireworks from the meeting and critiques Mamdani’s socialist proposals, including rent freezes and free public transit, as disastrous for New York’s economy. Make sure you never miss a second of the show by subscribing to the Clay Travis & Buck Sexton show podcast wherever you get your podcasts! ihr.fm/3InlkL8 For the latest updates from Clay and Buck: https://www.clayandbuck.com/ Connect with Clay Travis and Buck Sexton on Social Media: X - https://x.com/clayandbuck FB - https://www.facebook.com/ClayandBuck/ IG - https://www.instagram.com/clayandbuck/ YouTube - https://www.youtube.com/c/clayandbuck Rumble - https://rumble.com/c/ClayandBuck TikTok - https://www.tiktok.com/@clayandbuck YouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

Prompted by an online debate about whether economics belongs with the hard sciences, Bob reviews common defenses of mainstream practice and explains why they don't settle the scientific status of the field. He outlines the Mises–Rothbard view: economics as praxeology (logic of action), closer to geometry than laboratory testing, with core insights on opportunity cost, incentives, prices, money, and policy constraints that don't depend on forecasting the exact timing of crashes.Understanding Money Mechanics: Mises.org/HAP526aBob's Mises Daily Article, "Economists Can Be Hilarious": Mises.org/HAP526bHoppe's Economic Science and the Austrian Method: Mises.org/HAP526cLessons for the Young Economist: Mises.org/HAP526dThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Prompted by an online debate about whether economics belongs with the hard sciences, Bob reviews common defenses of mainstream practice and explains why they don't settle the scientific status of the field. He outlines the Mises–Rothbard view: economics as praxeology (logic of action), closer to geometry than laboratory testing, with core insights on opportunity cost, incentives, prices, money, and policy constraints that don't depend on forecasting the exact timing of crashes.Understanding Money Mechanics: Mises.org/HAP526aBob's Mises Daily Article, "Economists Can Be Hilarious": Mises.org/HAP526bHoppe's Economic Science and the Austrian Method: Mises.org/HAP526cLessons for the Young Economist: Mises.org/HAP526dThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Dr. Mark Thornton thinks silver being declared a critical mineral in the US adds yet another massive tailwind to an already bullish setup, one that could see the metal soar much higher as its strategic important is recognized by countries around the world and primary mine supply remains extremely scarce. Dr. Thornton dives into this and other catalysts he sees developing for silver, along with explaining why a return to a gold standard is inevitable, how Austrian economics offers real solutions to our current economic woes, and much more.Get Your Commodity Culture Merch: https://commodity-culture-shop.fourthwall.comMinor Issues Podcast: https://mises.org/podcasts/minor-issuesFREE Copy of 'Hayek for the 21st Century': https://mises.org/library/book/hayek-21st-century-essays-political-economySupport the Mises Institute: https://mises.org/giving/other-ways-giveFollow Jesse Day on X: https://x.com/jessebdayCommodity Culture on Youtube: https://youtube.com/c/CommodityCulture

You begged us to stop talking about gender, and start talking about economics. So by popular demand we just made up, the Dorx discuss F.A. Hayek's The Road To Serfdom for an hour. Collectivism! Individualism! Planned economies! Marx! Socialism, Communism, and Capitalism! Power! Competition! If that doesn't thrill you or make you fall asleep, we also mention fleas and liquid crystals.Although we answer your not-actually-existent pleas to talk economics, we failed to answer your Listener Questions. Next time, my little turtledoves! Feel free to leave more in the comments.Links:The Road to Serfdom by F.A. Hayek: https://archive.org/details/in.ernet.dli.2015.46585Condensed Reader's Digest version: https://cdn.mises.org/Road%20to%20serfdom.pdfF.A. Hayek: https://www.econlib.org/library/Enc/bios/Hayek.html Get full access to Heterodorx Podcast at heterodorx.substack.com/subscribe

FAN MAIL--We would love YOUR feedback--Send us a Text MessageHeadlines can heat the blood; evidence steadies the mind. We step back from election drama to explore Thomas Sowell's lifetime of clear thinking on prices, incentives, culture, and the hard truth that there are no solutions—only trade-offs. From a hardscrabble childhood and a GED to Harvard, Chicago, and the Hoover Institution, Sowell's journey shapes a method: test claims against outcomes, not intentions. That approach leads us into the politics of “affordable” promises, why price signals matter, and how well-meaning policies can shrink the very prosperity they aim to expand.We dig into Sowell's early work at the Department of Labor and his influential findings on minimum wage effects for low-skilled workers, especially black teenagers. We read from The Thomas Sowell Reader to unpack the affordability fallacy and trace the historical costs of price controls that produced shortages and hunger. Then we widen the lens: the welfare state's incentive problem, the constrained versus unconstrained visions from A Conflict of Visions, and what Hayek's knowledge problem tells us about why markets outperform central planning by discovering information rather than pretending to possess it.Culture, too, plays a pivotal role. We discuss patterns highlighted in Black Rednecks and White Liberals, the portability of skills across migrant communities, and the controversy and clarity around affirmative action mismatch and outcomes after California's Prop 209. Through it all, we keep returning to Sowell's style: relentlessly empirical, comparative across countries and centuries, and immune to flattery or faction. If you're ready to think harder, start with Basic Economics, then move to A Conflict of Visions, and let the data change your mind where it should.If this conversation sharpened your thinking, follow the show, share it with a friend who loves big ideas, and leave a review so more curious listeners can find us.Key Points from the Episode:• Sowell's early life, military service, and academic rise  • Lessons from labor economics and minimum wage data  • The “affordable” fallacy and the role of price signals  • Historical failures of price controls and shortages  • Trade-offs versus intentions in welfare policy  • Constrained and unconstrained visions of human nature  • Culture, skills, and group outcomes across countries  • Affirmative action mismatch and graduation rates  • Hayekian knowledge, markets, and adaptation  • Recommended books and a reading path for newcomersOther resources: Want to leave a review? Click here, and if we earned a five-star review from you **high five and knuckle bumps**, we appreciate it greatly!

Dr. Jonathan Newman joins the Human Action Podcast to discuss his recent QJAE article disputing the claim that 'sticky prices' prevent markets from clearing--i.e., when the quantity supplied equals the quantity demanded. Dr. Newman applies Mises's “plain state of rest” to show that each voluntary exchange equates quantities supplied and demanded, so observed “stickiness” doesn't imply non-clearing markets."There Ain't No Such Thing as a Sticky Price": Mises.org/HAP525aThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Dr. Jonathan Newman joins the Human Action Podcast to discuss his recent QJAE article disputing the claim that 'sticky prices' prevent markets from clearing--i.e., when the quantity supplied equals the quantity demanded. Dr. Newman applies Mises's “plain state of rest” to show that each voluntary exchange equates quantities supplied and demanded, so observed “stickiness” doesn't imply non-clearing markets."There Ain't No Such Thing as a Sticky Price": Mises.org/HAP525aThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

On this episode, Chris Coyne speaks with Michael Romero, Mikayla Novak, and Anna Claire Flowers about the enduring influence of Kenneth Boulding on how we understand peace and cooperation. Romero discusses his paper “Markets as a Peace Lab,” coauthored with Virgil Storr, which explains how markets act as spaces where individuals cultivate trust, empathy, and peaceful exchange. Novak joins to discuss her paper “Kenneth Boulding's The Image: A Cognitive Basis for Peace Entrepreneurship,” connecting Boulding's insights on human cognition to the creative work of fostering peace. In the final part of the episode, Coyne and Flowers reflect on their coauthored paper “The Family and the Stable Peace,” highlighting how the family serves as a training ground for the habits and relationships that sustain cooperation. Together, these conversations show how Boulding's vision of peace continues to shape research on economics, society, and human flourishing.This is the second episode in a short series of episodes that will feature a collection of authors who contributed to the volume 1, issue 2 of the Markets & Society Journal or to a forthcoming special issue from The Review of Austrian Economics.Dr. Michael R. Romero is Professor of Economics and Business at Thales College. Previously, he was an associate program director for Academic & Student Programs and a Research Fellow for the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. He is an alum of the Mercatus PhD Fellowship.Dr. Mikayla Novak is a Senior Fellow with the F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University. She is a contributing editorial board member of Cosmos + Taxis and recently was the editor of Liberal Emancipation: Explorations in Political and Social Economy (Springer Nature, 2025).Anna Claire Flowers is a PhD student in Economics at George Mason University and is currently a fellow in the Mercatus PhD Fellowship. Her research interests include family economics, in particular the economic significance of family relationships and the economic factors that influence family decision-making.Show Notes:Kenneth Boulding's book, Stable Peace (University of Texas Press, 1978)Kenneth Boulding's book, The Image: Knowledge in Life and Society (University of Michigan Press, 1956).Elise Boulding's book, Cultures of Peace (Syracuse University Press, 2000)Learning for Peace Initiative | United Nations Children's FundThe Review of Austrian EconomicsF.A. Hayek's book, The Sensory Order: An Inquiry into the Foundations of Theoretical Psychology (The University of Chicago Press, 1952)Gerald P. O'Driscoll and Mario Rizzo's book, The Economics of Time and Ignorance (Routledge, 1996)Israel Kirzner's book, The Meaning of the Market Process: Essays in the Development of Modern Austrian Economics (Routledge, 1992)If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Check out our other podcast from the Hayek Program! Virtual Sentiments is a podcast in which political theorist Kristen Collins interviews scholars and practitioners grappling with pressing problems in political economy with an eye to the past. Subscribe today!Follow the Hayek Program on Twitter: @HayekProgramFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

I discuss my visit to the University of Chicago, my lecture and the attendees at the conference in question, and the incredible books that I purchased at a used bookstore close to the university (on von Mises, Hayek, Friedman, Sowell, Galen, Adam Smith, and by E. O. Wilson, etc.). Life lesson: Read, read, read! _______________________________________ If you appreciate my work and would like to support it: https://subscribestar.com/the-saad-truth https://patreon.com/GadSaad https://paypal.me/GadSaad To subscribe to my exclusive content on X, please visit my bio at https://x.com/GadSaad _______________________________________ This clip was posted on November 10, 2025 on my YouTube channel as THE SAAD TRUTH_1935: https://youtu.be/Wv53M3bLDzA _______________________________________ Please visit my website gadsaad.com, and sign up for alerts. If you appreciate my content, click on the "Support My Work" button. I count on my fans to support my efforts. You can donate via Patreon, PayPal, and/or SubscribeStar. _______________________________________ Dr. Gad Saad is a professor, evolutionary behavioral scientist, and author who pioneered the use of evolutionary psychology in marketing and consumer behavior. In addition to his scientific work, Dr. Saad is a leading public intellectual who often writes and speaks about idea pathogens that are destroying logic, science, reason, and common sense.  _______________________________________

Deficits DO Matter! There is a difference between debt and deficits. We discuss how our deficit has gone down even though the debt has gone over 38 trillion. We also go over the difference between Keynesian economics and Austrian economics. We talk about the 6 richest counties in the nation, which probably aren't located where you think they would be. Foreigners and the major central banks have already realized that holding treasuries is not the best idea, so they are now holding more and more gold. What are we doing to store value? Buying more hard assets faster! Keynes vs Hayek (parts 1 & 2) Quantitative Easing Explained Sponsors: American Gold Exchange Our dealer for precious metals & the exclusive dealer of Real Power Family silver rounds (which we finally got in!!!). Get your first, or next bullion order from American Gold Exchange like we do. Tell them the Real Power Family sent you! Click on this link to get a FREE Starters Guide. Or Click Here to order our new Real Power Family silver rounds. 1 Troy Oz 99.99% Fine Silver Abolish Property Taxes in Ohio: www.AxOHTax.com  Get more information about abolishing all property taxes in Ohio. Our Links: www.RealPowerFamily.com Info@ClearSkyTrainer.com 833-Be-Do-Have (833-233-6428)

How does one man whose formative years are largely defined by five “s's” – sex, satanism, suicide, secret agents, and Stalinism – somehow wind up as a defining intellectual behind the rise of America's conservative movement? Daniel Flynn, a Hoover visiting fellow and author of The Man Who Invented Conservatism: The Unlikely Life of Frank S. Meyer, takes us through an improbable journey that involves Princeton and Oxford, deportation, socialism, capitalism and Hayek, William F. Buckley and the founding of The National Review, Goldwater, Nixon and Reagan, plus a few unexpected cameos along the way (Bob Dylan, Joan Didion and the Berlin Wall's architect, to name a few).  

Is paying down the federal debt a recession trigger? Bob takes on the MMT claim and checks the record, citing US debt payoffs, Canada's 1990s reforms, and ECB case studies. Conclusion: real wealth beats accounting tricks and paydowns aren't a mechanical path to recession.Read More on Fiscal Austerity: Mises.org/HAP524aThe Upside-Down World of MMT: Mises.org/HAP524bDo Balanced Budgets Cause Depressions?: Mises.org/HAP524cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Is paying down the federal debt a recession trigger? Bob takes on the MMT claim and checks the record, citing US debt payoffs, Canada's 1990s reforms, and ECB case studies. Conclusion: real wealth beats accounting tricks and paydowns aren't a mechanical path to recession.Read More on Fiscal Austerity: Mises.org/HAP524aThe Upside-Down World of MMT: Mises.org/HAP524bDo Balanced Budgets Cause Depressions?: Mises.org/HAP524cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Speaking at the recent Mises Institute Supporters Summit, Mark Thornton argues that lasting reform comes from the bottom up, not from political edict. Drawing on Hayek's “worst get to the top” insight, Mark contrasts elite-driven prohibition with the citizen-led wave of decriminalization and legalization across states and abroad. Mark also explains the role of “salutary neglect” by local officials, the Oregon backlash as a failure of property-rights enforcement—not of liberty—and the scholarly case against the drug war. The crux: markets and civil society integrate; top-down policy divides.Be sure to follow Minor Issues at https://Mises.org/MinorIssues

Dr. Alex Pollock joins the Human Action Podcast to explain his recent Congressional testimony on the Fed's growing insolvency and mandate overreach. The Fed now admits to $243 billion in operating losses and nearly $1 trillion in mark-to-market losses, leaving it with negative capital of about $197 billion. Dr. Pollock explains how the central bank transformed itself into “the biggest 1980s-style savings and loan in history” — funding short while buying long, and bleeding cash as interest rates rose.Rear Dr. Pollock's Testimony: Mises.org/HAP523aRead More from Dr. Pollock: Mises.org/HAP523bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Dr. Alex Pollock joins the Human Action Podcast to explain his recent Congressional testimony on the Fed's growing insolvency and mandate overreach. The Fed now admits to $243 billion in operating losses and nearly $1 trillion in mark-to-market losses, leaving it with negative capital of about $197 billion. Dr. Pollock explains how the central bank transformed itself into “the biggest 1980s-style savings and loan in history” — funding short while buying long, and bleeding cash as interest rates rose.Rear Dr. Pollock's Testimony: Mises.org/HAP523aRead More from Dr. Pollock: Mises.org/HAP523bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Analyst Abdullah Hayek joins the podcast to discuss the motivations for the Jordanian government's crackdown against the Muslim Brotherhood. Hayek discusses whether the Islamic Action Front will be allowed to run in future elections and whether foreign nations influenced Amman in its ban. Finally, Hayek addresses how the Jordanian public perceived the restrictions against the Muslim Brotherhood.

His Links: https://besada.com/https://x.com/hayekianIG: ⁠https://www.instagram.com/polluteyoursoul/⁠ X: ⁠https://x.com/polluteyoursoul⁠ Rumble: ⁠https://rumble.com/c/c-2941880⁠ Website: ⁠polluteyoursoul.wixsite.com⁠ Merch: ⁠polluteyoursoul.bigcartel.com⁠ CD's: ⁠polluteyourears.bandcamp.com⁠ Linktree: ⁠https://linktr.ee/polluteyoursoul⁠ Buy Me a Coffee: ⁠https://buymeacoffee.com/mikehassiepen⁠ Exclusive Episodes on Gumroad: https://tpysp.gumroad.com/l/tpyspexclusiveOUTLINE:00:00 - Cuban upbringing and introduction to Austrian economics09:43 - Learning about Hayek and Sewell12:50 - Hayek comparing evolution to economics13:25 - Early political activities and Ron Paul revolution15:04 - Race iq fallacies20:25 - Right vs. Left-wing socialism23:12 - Monopolies and capitalism 25:22 - Interests converging 28:13 - Wakanda for PDF's (Isnotreal)30:16 - Soviet Union censorship31:54 - Menger's impact on economics34:55 - Innovation caused by competition38:30 - “The economy is an evolved growth” 40:21 - The old world and the growth of capitalism45:43 - The french revolution and its influence on communism49:48 - Why the American revolution succeeded52:34 - Mises' impact on preventing Bolshevism in Europe55:51 - Hayek's influence on economics01:00:33 - Zionism and Communism's similar history01:12:33 - Anti-Semetism being made worse by Zionism01:20:42 - Zionist and Communism coercion similarities01:22:54 - How will Zionism end?01:31:22 - Growth in Anti-Zionism01:36:47 - Outro and where to find Jorge's writingsDonate: Paypal - ⁠https://www.paypal.com/paypalme/michaelhassiepen⁠ Cashapp - $wiggasyndromeMonero: 47K9YNucSau4QEioqSbmWVWYbG7gmFPjVTiax2Hcfo38C7uzCn8YxYZgUQvQuC3t1gfaNiATSZiAq4ojp49Px8xFMVJfj9E Use my cashapp sign up link and we'll each get $5. Create your account with my code: GL3NPMR.https://cash.app/app/GL3NPMRDUBBY is an energy drink with many vitamins and nootropics. This tasty drink is for people who want to focus without jitters or a crash. Unlike other energy drinks, DUBBY developed a clean energy formula that is free from fillers, maltodextrin, and artificial colorings. Expect such flavors as Beach N Peach, Pushin Punch, Galaxy Grenade, and more! Use code: polluteyoursoul at checkout for 10% off all orders of your Jitterless Energy Blend! Or order with this link here! ⁠https://www.dubby.gg/?ref=yxxBfQ7H1OfEJD⁠ Share, Comment, Like, and Subscribe, or live execution! "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

In this episode I look at Reno's phenomenal examination of the gods as shared loves and social values. I focus on his analysis of Popper, Hayek and Durkheim.

Doug Stuart welcomes Alex Bernardo—host of The Protestant Libertarian Podcast—to unpack his book-in-progress on politics, economics, and New Testament interpretation. Alex argues that modern readers (and many New Testament scholars) import post-Enlightenment categories—“politics,” capitalism, socialism—into the first century and then draw conclusions the biblical writers never intended. His remedy starts before exegesis: nail down stable definitions and widen “politics” beyond elections to how humans relate, wield authority, and organize life together.They zero in on Luke–Acts. From Caesar's census pushing Joseph and Mary to Bethlehem to Paul proclaiming the kingdom “unhindered” in Rome, Luke traces the reign of the crucified, risen, and ascended Son of David. In that frame, the Gospel is unavoidably political—not because it tells you how to vote, but because Jesus already reigns. The early church engages authorities without revolutionary violence, trusting the Spirit's power while keeping allegiance to Christ above every rival.Bernardo outlines his method-first opening: concrete definitions of capitalism and socialism; a spectrum framed by liberty versus authority and violence versus nonviolence; and the needed context of Greco-Roman and Second Temple Jewish history. He previews work-by-work studies—Acts 2 and 4 on sharing, the rich young ruler, the widow's mites, Romans 13, and 1 Peter 2—and explains why academic readings often lean left: institutional incentives, limited engagement with primary economic sources, and reliance on secondhand caricatures of economists and traditions (e.g., Hayek, the Austrians). The conversation ranges into theology too: recovering Jesus's concrete Davidic kingship, refusing to sever messianic identity from divine ontology, and practicing interpretive humility that lets the text correct us. Expect a big, careful book (roughly 450–500 pages) that raises the bar for Christians who care about Scripture, history, economics, and real-world power—and a discussion that resists anachronism while inviting principled, peaceable political discipleship today.Audio Production by Podsworth Media - https://podsworth.com Use code LCI50 for 50% off your first order at Podsworth.com to clean up your voice recordings and also support LCI!Full Podsworth Ad Read BEFORE & AFTER processing:https://youtu.be/vbsOEODpQGs  ★ Support this podcast ★

Dr. Alex Pollock explains how monopoly money empowers the state to finance deficits and wars, and why legal tender laws should give way to free choice in money. He explores why genuine competitors—likely led by gold—would discipline issuers, noting central banks' renewed appetite for bullion as an emergent currency competition.Sponsored by Yousif Almoayyed.Recorded at the Mises Supporters Summit in Delray Beach, Florida, on October 17, 2025.

In this episode of the Human Action Podcast, Bob unpacks Lerner's Symmetry Theorem—the classic result that, under tight conditions, an import tariff is equivalent to an export tax. He applies the framework to recent 100% China‑tariff headlines, explaining why the dollar might strengthen in theory yet sometimes weakens in practice once retaliation and policy signaling are factored in.The Human Action Podcast on Trump's Tariff Strategy: Mises.org/HAP522a The Lerner Symmetry Theorem: Mises.org/HAP522bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

In this episode of the Human Action Podcast, Bob unpacks Lerner's Symmetry Theorem—the classic result that, under tight conditions, an import tariff is equivalent to an export tax. He applies the framework to recent 100% China‑tariff headlines, explaining why the dollar might strengthen in theory yet sometimes weakens in practice once retaliation and policy signaling are factored in.The Human Action Podcast on Trump's Tariff Strategy: Mises.org/HAP522a The Lerner Symmetry Theorem: Mises.org/HAP522bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Join #McConnellCenter scholars for a presentation from Dr Blanco explaining the importance of Hayek's work and how to understand it in modern times. Abby Hall Blanco is an Associate Professor in Economics at the University of Tampa in Tampa, Florida. She is a Senior Affiliated Scholar with the Mercatus Center at George Mason University and a Senior Fellow with the Independent Institute in Oakland, California. She is a Non-Resident Fellow with Defense Priorities and a Public Choice and Public Policy Fellow with the American Institute for Economic Research. She earned her PhD in Economics from George Mason University in Fairfax, Virginia. Hall's work includes topics surrounding militarism, security, and national defense. She has written extensively on issues related to foreign intervention and institutional change and military technologies. Her coauthored books include "Tyranny Comes Home: The Domestic Fate of U.S. Militarism" and "Manufacturing Militarism: U.S. Government Propaganda in the War on Terror," with Stanford University Press, "The Political Economy of Terrorism, Counterterrorism, and the War on Terror" with Cambridge University Press, and "How To Run Wars: A Confidential Playbook for the National Security Elite" with the Independent Institute. About the podcast: We all know we need to read more and there are literally millions of books on shelves with new ones printed every day. How do we sort through all the possibilities to find the book that is just right for us now? Well, the McConnell Center is bringing authors and experts to inspire us to read impactful and entertaining books that might be on our shelves or in our e-readers, but which we haven't yet picked up. We hope you learn a lot in the following podcast and we hope you might be inspired to pick up one or more of the books we are highlighting this year at the University of Louisville's McConnell Center. Stay Connected Visit us at McConnellcenter.org Subscribe to our newsletter  Facebook: @mcconnellcenter Instagram: @ulmcenter  Twitter: @ULmCenter This podcast is a production of the McConnell Center 

George Selgin has spent over four decades thinking about money, banking, and economic history, and Tyler has known him for nearly all of it. Selgin's new book False Dawn: The New Deal and the Promise of Recovery, 1933–1947 examines what the New Deal actually accomplished—and failed to accomplish—in confronting the Great Depression.  Tyler and George discuss the surprising lack of fiscal and monetary stimulus in the New Deal, whether revaluing gold was really the best path to economic reflation, how much Glass-Steagall and other individual parts of the New Deal mattered, Keynes' "very sound" advice to Roosevelt, why Hayek's analysis fell short, whether America would've done better with a more concentrated banking sector, how well the quantity theory of money holds up, his vision for a "night watchman" Fed, how many countries should dollarize, whether stablecoins should be allowed to pay interest, his stake in a fractional-reserve Andalusian donkey ownership scheme, why his Spanish vocabulary is particularly strong on plumbing, his ambivalence about the eurozone, what really got America out of the Great Depression, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded September 26th, 2025. Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow George on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here. Photo Credit: Richie Downs

This week, Bob tackles growing concerns about artificial intelligence, automation, and mass unemployment. Using the principles of marginal productivity and comparative advantage, he shows how the standard economic arguments still apply—even in the age of ChatGPT and robotics. Responding directly to viral tweets from Matt Walsh, Bob dismantles the popular belief that AI will inevitably destroy human labor markets. He explains why highly skilled labor has always coexisted with less-skilled workers and why new technologies, despite their disruptive effects, tend to improve standards of living for everyone over time.The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

This week, Bob tackles growing concerns about artificial intelligence, automation, and mass unemployment. Using the principles of marginal productivity and comparative advantage, he shows how the standard economic arguments still apply—even in the age of ChatGPT and robotics. Responding directly to viral tweets from Matt Walsh, Bob dismantles the popular belief that AI will inevitably destroy human labor markets. He explains why highly skilled labor has always coexisted with less-skilled workers and why new technologies, despite their disruptive effects, tend to improve standards of living for everyone over time.The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Abdullah Hayek, a Middle East History & Peace Fellow at Young Voices and an independent Middle East analyst and consultant based in the Washington, D.C. area, joins Josh to discuss the Israeli-Gaza peace talks, the recent Israeli attack on Qatar and the international response, and the potential for future peace in the Middle East region.   Follow Abdullah on X and at Young Voices:   https://x.com/ahayek99?s=21&t=S8JoQpY3m4n6bFrTo8tLrg https://www.joinyv.org/talent/abdullah-hayek  

Jonathan Newman returns to join Bob in a critique of Eliezer Yudkowsky's viral theory of investment bubbles. Yudkowsky states that the bad investment during bubbles should be felt before the bubble pops, not after. They argue that his perspective—while clever—fails to consider the Austrian insights on capital structure, time preference, and the business cycle. They use analogies from apple trees to magic mushrooms to show why Austrian economics provides the clearest explanation for booms, busts, and the pain that follows.Eliezer Yudkowsky's Theory on Investment Bubbles: Mises.org/HAP520aBob's Article "Correcting Yudkowsky on the Boom": Mises.org/HAP520bBob's on The Importance of Capital Theory: Mises.org/HAP520cJoe Salerno on Austrian Business Cycle Theory: Mises.org/HAP520dDr. Newman's QJAE Article on Credit Cycles: Mises.org/HAP520eThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Professor Georgy Ganev joins Bob to explain that, contrary to the claims of David Graeber and the MMTers, the barter origin of money has not been refuted. The anthropological evidence is consistent with the Mengerian story, and Mises' regression theorem remains the only coherent explanation for money's value. Professor Ganev's Paper, "Has the barter theory of the origins of money been rejected?": Mises.org/HAP519aThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Richard Epstein dives into the controversy surrounding Jimmy Kimmel, the FCC, and free speech. Using the recent dust-up as a starting point, Epstein traces the history of the Federal Communications Commission from its origins in the 1930s through landmark cases like Red Lion. He explains how government licensing of the broadcast spectrum opened the door to censorship, distortion, and inefficiency—and why libertarians like Ronald Coase pushed for a market-based approach instead. Professor Epstein also contrasts Hayek's vision of free entry with Felix Frankfurter's regulatory mindset, explores the limits of “public interest” obligations, and shows how today's fragmented media landscape makes FCC power increasingly obsolete.

Quinn Slobodian, author of Hayek's Bastards, speaks about the eugenics/race science tendencies within High Church Neoliberalism. Molly White looks at stablecoins and the Trump–UAE deal. Behind the News, hosted by Doug Henwood, covers the worlds of economics and politics and their complex interactions, from the local to the global.