Podcasts about monetary theory

Joshua Mawhorter joins us to talk about how the fiat-money theories of Modern Monetary Theory and chartalism aren't supported by the historical facts. Articles and resources mentioned: Is It Money Because It Is Redeemed in Tax Payments? A Response to Kelton and Wray by Per Bylund. MMT and US History: Redefining Chartalism by Joshua Mawhorter.MMT, Chartalism, and the Colonial Experience by Joshua Mawhorter.How the Classical Gold Standard Fueled the Rise of the State by Ryan McMaken.Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

Joshua Mawhorter joins us to talk about how the fiat-money theories of Modern Monetary Theory and chartalism aren't supported by the historical facts. Articles and resources mentioned: Is It Money Because It Is Redeemed in Tax Payments? A Response to Kelton and Wray by Per Bylund. MMT and US History: Redefining Chartalism by Joshua Mawhorter.MMT, Chartalism, and the Colonial Experience by Joshua Mawhorter.How the Classical Gold Standard Fueled the Rise of the State by Ryan McMaken.Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

David Brady, Jr. reviews The Magic Coin by Dr. Jonathan Newman, a children‘s book that explains money in a way that even modern adults can understand.Original article: https://mises.org/mises-wire/magic-coin-and-renewing-interest-monetary-policy

David Brady, Jr. reviews The Magic Coin by Dr. Jonathan Newman, a children‘s book that explains money in a way that even modern adults can understand.Original article: https://mises.org/mises-wire/magic-coin-and-renewing-interest-monetary-policy

Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral.Original article: Inflation: Looking Beyond Aggregates

Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral.Original article: Inflation: Looking Beyond Aggregates

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/HAP497aCan Trump Fire Federal Reserve Chair Jerome Powell?: Mises.org/HAP497bThe 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/HAP497aCan Trump Fire Federal Reserve Chair Jerome Powell?: Mises.org/HAP497bThe 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/HAP496aThe NBER Paper on Colonial Virginia's Money Regime: Mises.org/HAP496bNPR Planet Money, "A Giant Stone Coin At The Bottom Of The Sea": Mises.org/HAP496cMilton Friedman, "The Island Of Stone Money": Mises.org/HAP496dBob's Article, "MMT and Treasury Debt Payoff": Mises.org/HAP496eThe 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/HAPodFreeJoin the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25

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/HAP496aThe NBER Paper on Colonial Virginia's Money Regime: Mises.org/HAP496bNPR Planet Money, "A Giant Stone Coin At The Bottom Of The Sea": Mises.org/HAP496cMilton Friedman, "The Island Of Stone Money": Mises.org/HAP496dBob's Article, "MMT and Treasury Debt Payoff": Mises.org/HAP496eThe 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/HAPodFreeJoin 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/HAP494aElon Musk and Ted Cruz Discussing "Magic Money Computers": Mises.org/HAP494bJonathan's Overwhelming Evidence that Silver was Money in Ancient Mesopotamia: Mises.org/HAP494cThe X Thread by Patricia Pino on the Measure of Value of Money: Mises.org/HAP494dBob's "Origin of the Specie" in The American Conservative: Mises.org/HAP494eR.A Radford's "The Economic Organization of a P.O.W. Camp": Mises.org/HAP494fThe 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/HAPodFreeJoin 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/HAP494aElon Musk and Ted Cruz Discussing "Magic Money Computers": Mises.org/HAP494bJonathan's Overwhelming Evidence that Silver was Money in Ancient Mesopotamia: Mises.org/HAP494cThe X Thread by Patricia Pino on the Measure of Value of Money: Mises.org/HAP494dBob's "Origin of the Specie" in The American Conservative: Mises.org/HAP494eR.A Radford's "The Economic Organization of a P.O.W. Camp": Mises.org/HAP494fThe 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/HAPodFreeJoin the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25

Featuring Per Bylund, Lucas Engelhardt, Joshua Mawhorter, Jonathan Newman, Patrick Newman, and Joseph T. Salerno, this panel exposes flawed assumptions of Modern Monetary Theory (MMT), including the origins of money, government spending, job guarantees, entrepreneurship, and economic growth. The presenters critique MMT's reliance on state-driven monetary policy, its neglect of entrepreneurship and capital formation, and its unrealistic view of labor and job guarantees. The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian school, bringing together leading scholars doing research in this vibrant and influential intellectual tradition. For more information, visit https://Mises.org.

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/HAP491aThe 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/HAPodFreeJoin 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/HAP491aThe 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/HAPodFreeJoin us May 15–17, 2025, at the Mises Institute for our Revisionist History of War Conference: Mises.org/RHW

Recorded 6th March 2025https://guidohulsmann.comMedia (links may be affiliate links )https://brownstone.org/articles/covid-response-at-five-years-introduction/Diary of a Psychosis: How Public Health Disgraced Itself During COVID Maniahttps://amzn.to/4iGUT3KNikolay GertchevEvolution of Banking Regulationhttps://amzn.to/4kIwjkyhttps://mises.org/profile/nikolay-gertchevPhilipp BagusFull Reserve Banking versus the Real Bills Doctrine: A Critique of the Monetary Theory of J.R. Rallohttps://amzn.to/3FIGUvGRestoring Science and the Rule of Lawby  Michael Esfeld  (Author), Cristian Lopez  (Author)https://amzn.to/3DHv04K The State of the Markets PodcastPresented by Tim Price⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.pricevaluepartners.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠and Paul Rodriguez⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/prodr1guez ⁠⁠⁠⁠

No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation explains nothing, praxeologically speaking. Instead, it clouds our understanding of how money fits into our economy. Original article: A Praxeological Critique of the Equation of Exchange and Neutrality of Money

No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation explains nothing, praxeologically speaking. Instead, it clouds our understanding of how money fits into our economy. Original article: A Praxeological Critique of the Equation of Exchange and Neutrality of Money

In December 2024, Bitcoin, one of the earliest cryptocurrencies and undoubtedly the most famous, hit $2 trillion in market capitalization, bigger than Tesla, Meta, and Saudi Aramco. In this episode, Nobel Prize-winning economist and Chicago Booth finance professor Eugene Fama—widely considered the “Father of Modern Finance”—predicts it will go to zero within ten years.Legendary investor Ray Dalio called crypto a bubble a decade ago; now, he calls it “one hell of an invention.” Larry Fink of BlackRock previously referred to Bitcoin as an index of money laundering. Today, he sees it as “a legitimate financial instrument.” Less than 36 hours after launching his own cryptocurrency before his second inauguration, United States President Donald Trump appeared to have made more than $50 billion on paper for himself and his companies. (During his first term, Trump called crypto “not money, whose value is highly volatile and based on thin air.”) Amidst this noise of crypto doubters changing tune, Fama joins Bethany and Luigi to discuss why he remains dubious about Bitcoin's ambitions.Bitcoin uses more electricity than many countries—around 91 terawatt-hours annually. Is this amount unsustainable? What makes its value so volatile, and what are the implications for the banking sector and our economy? If cryptocurrencies' purpose is a reaction to an underlying distrust in financial institutions, can decentralized blockchain, the technological ledger that enables anonymous crypto exchange, fix it? Last but not least, why do supporters of a decentralized service, whose value lies in its existence outside traditional government structures, need to spend billions in lobbying to convince politicians, including the president, of its utility?Show Notes:Read ProMarket's archives on Bitcoin and cryptocurrency.Revisit our prior Capitalisn't episode with author Zeke Faux, The Capitalisn't of Crypto: SBF and Beyond.

Murphy recently squared off against Nathan Tankus in a ZeroHedge debate focusing on Austrian economics vs. Modern Monetary Theory (MMT). Jonathan Newman watched the debate and selected three clips highlighting key areas of dispute. Jonathan and Bob elaborate on the issues and anticipate possible MMT replies.Bob's ZeroHedge Debate with Nathan Tankus: Mises.org/HAP484aBob and Jonathan's Tag-Team Mises University Lecture on MMT: Mises.org/HAP484bBob's Quarterly Journal of Austrian Economics Paper on The Deficit Myth: Mises.org/HAP483cWilliam Hutt's The Theory of Idle Resources: Mises.org/HAP484dUse code Action25 to get 10% off your ticket to Educating for Liberty Mises Circle in Tampa on February 22: Mises.org/Tampa25The 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

Murphy recently squared off against Nathan Tankus in a ZeroHedge debate focusing on Austrian economics vs. Modern Monetary Theory (MMT). Jonathan Newman watched the debate and selected three clips highlighting key areas of dispute. Jonathan and Bob elaborate on the issues and anticipate possible MMT replies.Bob's ZeroHedge Debate with Nathan Tankus: Mises.org/HAP484aBob and Jonathan's Tag-Team Mises University Lecture on MMT: Mises.org/HAP484bBob's Quarterly Journal of Austrian Economics Paper on The Deficit Myth: Mises.org/HAP483cWilliam Hutt's The Theory of Idle Resources: Mises.org/HAP484dUse code Action25 to get 10% off your ticket to Educating for Liberty Mises Circle in Tampa on February 22: Mises.org/Tampa25The 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

Bitcoin is many things to people and it certainly has developed into a valuable asset. It also has been used as a medium of exchange. But is it money? According to Austrian economics, the answer is “no.” At least not yet.Original article: Bitcoiners' Guide to Austrian Economics

It should be clear from the articles in this book that the Austrian School is thriving. Per Bylund has rendered a great service in bringing the scholarship in A Modern Guide to Austrian Economics to our attention.Original article: New Austrian Insights

I am joined by economist Bill Mitchell, one of the pioneers of Modern Monetary Theory (MMT). In this episode of 1Dime Radio, we discuss the intersection of MMT and Marxism and why both frameworks are complementary and essential for understanding how the economy works. Timestamps: 00:00 Preview 03:07 MMT & Marxism 17:01 The Left's Shift in the 70s 21:48 Was Neoliberalism Inevitable? 37:17 The problem with "Tax The Rich" discourse 51:09 Inflation and Job Guarantee questions 01:15:57 Australia's Radical Political History Checkout William Mitchell's Website: https://billmitchell.org/blog/ Check out Bill Mitchell's Work: https://www.amazon.ca/dp/0745337325?ref_=cm_sw_r_ffobk_cp_ud_dp_DCQWXGC090Q20JKQRDXN Check out the 1Dime Video essays if you haven't already: https://www.youtube.com/@UCQWoY8CkEGeE4t62djCZk-A Follow me on X: https://x.com/1DimeOfficial Follow me on Instagram: instagram.com/1dimeman Read Articles Faster with Speechify: https://share.speechify.com/mzrxH5D Outro Music by Karl Casey Become a Patron of 1Dime and get access to over 45 Exclusive podcast episodes + my discord server: https://www.patreon.com/OneDime Be sure to give 1Dime Radio a 5 Star Rating if you enjoy the show!

Austrian economics today needs critics. It doesn‘t need the critics (like Paul Krugman) who cannot give valid and accurate criticisms, but rather people who actually understand the concepts upon which Austrian thinking is built provide a real challenge.Original article: Wanted: Critics of Austrian Economics

Austrian economics today needs critics. It doesn‘t need the critics (like Paul Krugman) who cannot give valid and accurate criticisms, but rather people who actually understand the concepts upon which Austrian thinking is built provide a real challenge.Original article: Wanted: Critics of Austrian Economics

Using the heavily marketed movie "Wicked" as his news hook, Bob explains that the beloved Wizard of Oz movie involved an allegory of the bimetallism debates of the late 1800s, including William Jennings Bryan's famous "Cross of Gold" speech. Bob fills in the details about the Wizard of Oz lore, and then explains the economics of bimetallism in the United States.Bob's Book, Understanding Money Mechanics: Mises.org/HAP478aThe Wikipedia Article on the Political Interpretations of The Wonderful Wizard of Oz: Mises.org/HAP478bThe Wikipedia Article on the Wicked Novel: Mises.org/HAP478cFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24The 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

Using the heavily marketed movie "Wicked" as his news hook, Bob explains that the beloved Wizard of Oz movie involved an allegory of the bimetallism debates of the late 1800s, including William Jennings Bryan's famous "Cross of Gold" speech. Bob fills in the details about the Wizard of Oz lore, and then explains the economics of bimetallism in the United States.Bob's Book, Understanding Money Mechanics: Mises.org/HAP478aThe Wikipedia Article on the Political Interpretations of The Wonderful Wizard of Oz: Mises.org/HAP478bThe Wikipedia Article on the Wicked Novel: Mises.org/HAP478cFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24The 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

David Glasner is a UCLA-trained economist specializing in monetary theory and the history of economic thought. He has disagreed in print with Murphy's take on the famous Sraffa-Hayek debate. David first explains his general views and then comments on the debate.Bob's Paper, "A Problem With the Pure Time Preference Theory of Interest": Mises.org/HAP477aDavid's Paper "The Sraffa-Hayek Debate on the Natural Rate of Interest": Mises.org/HAP477bFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24The 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

David Glasner is a UCLA-trained economist specializing in monetary theory and the history of economic thought. He has disagreed in print with Murphy's take on the famous Sraffa-Hayek debate. David first explains his general views and then comments on the debate.Bob's Paper, "A Problem With the Pure Time Preference Theory of Interest": Mises.org/HAP477aDavid's Paper "The Sraffa-Hayek Debate on the Natural Rate of Interest": Mises.org/HAP477bFor just $25, you can receive our December Bundle, including three essential reads:Tom DiLorenzo's Axis of Evil: America's Three Worst Presidents, Per Bylund's How to Think About the Economy,and Murray Rothbard's What Has Government Done to Our Money?. Claim your bundle now at Mises.org/HumanAction24The 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

Presented in Hilton Head Island, South Carolina on Saturday, October 12, 2024.Sponsored by Nicholas Maier.

What does ChatGPT know about money? More than one might think. George Ford Smith asks the AI program some questions about money and gets some surprising answers.Original article: What Does ChatGPT Know about Money?

What does ChatGPT know about money? More than one might think. George Ford Smith asks the AI program some questions about money and gets some surprising answers.Original article: What Does ChatGPT Know about Money?

Bob goes solo to explain the contributions of Carl Menger and Ludwig von Mises to monetary theory. He then deals with the critique of David Graeber, who argues that the economists' story of the origin of money is bogus.Bob's Article, "Origin of the Specie": Mises.org/HAP464aR. A. Radford, "The Economic Organisation of a P.O.W": Mises.org/HAP464bBob's Book, Understanding Money Mechanics: Mises.org/HAP464cGet your ticket to Living Free in an Unfree World in Albuquerque, New Mexico: Mises.org/NM24

Bob goes solo to explain the contributions of Carl Menger and Ludwig von Mises to monetary theory. He then deals with the critique of David Graeber, who argues that the economists' story of the origin of money is bogus.Bob's Article, "Origin of the Specie": Mises.org/HAP464aR. A. Radford, "The Economic Organisation of a P.O.W": Mises.org/HAP464bBob's Book, Understanding Money Mechanics: Mises.org/HAP464cGet your ticket to Living Free in an Unfree World in Albuquerque, New Mexico: Mises.org/NM24

With recent market turbulence and new potential recession indicators emerging, Peter St. Onge joins Bob to examine whether market performance accurately reflects the true state of economic health. There is rising debt, growing entitlements, and ongoing structural issues within the US economy, Bob and Professor St. Onge analyze how these factors contribute to our current economic landscape and whether recent developments are indicative of a 1987-style crash or a 2008-style crash.They also explain the Japanese carry trade, its impact on the dollar and Japanese markets, and the recent market fluctuations, including the significant decline in the Japanese stock exchange and the S&P 500. Dr. St. Onge, "Is it Black Monday or Another 2008?": Mises.org/HAP461aThe 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

With recent market turbulence and new potential recession indicators emerging, Peter St. Onge joins Bob to examine whether market performance accurately reflects the true state of economic health. There is rising debt, growing entitlements, and ongoing structural issues within the US economy, Bob and Professor St. Onge analyze how these factors contribute to our current economic landscape and whether recent developments are indicative of a 1987-style crash or a 2008-style crash.They also explain the Japanese carry trade, its impact on the dollar and Japanese markets, and the recent market fluctuations, including the significant decline in the Japanese stock exchange and the S&P 500. Dr. St. Onge, "Is it Black Monday or Another 2008?": Mises.org/HAP461aThe 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

What we may call the “spending illusion” is perhaps the gravest error in the history of economic thought and has been deeply embedded in economics since the early twentieth century.Original Article: Have we been living in an MMT world since 2008?

What we may call the “spending illusion” is perhaps the gravest error in the history of economic thought and has been deeply embedded in economics since the early twentieth century.Original Article: Have we been living in an MMT world since 2008?

Recorded in front of a live audience at the 2024 Mises University, Bob discusses recent market turbulence with Mark Thornton. They also delve into the Skyscraper theory and the practicality of the Austrian Business Cycle Theory.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 mainstreamDr. Thornton's Minor Issues Episode on the Inverted Yield Curve: Mises.org/HAP459aThe Skyscraper Curse: Mises.org/HAP459bDr. Thornton's Article From 2004 on the Housing Market: Mises.org/HAP459cThe Inverted Yield Curve from Understanding Money Mechanics: Mises.org/HAP459dBob's Econlib Article on Fiscal Austerity and Tax Rates: Mises.org/HAP459eJoin Peter Klein and Ryan McMaken in Albuquerque, New Mexico for a Mises event on strategy, economics, and decentralization of power. Register now: Mises.org/NM24The 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

Recorded in front of a live audience at the 2024 Mises University, Bob discusses recent market turbulence with Mark Thornton. They also delve into the Skyscraper theory and the practicality of the Austrian Business Cycle Theory.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 mainstreamDr. Thornton's Minor Issues Episode on the Inverted Yield Curve: Mises.org/HAP459aThe Skyscraper Curse: Mises.org/HAP459bDr. Thornton's Article From 2004 on the Housing Market: Mises.org/HAP459cThe Inverted Yield Curve from Understanding Money Mechanics: Mises.org/HAP459dBob's Econlib Article on Fiscal Austerity and Tax Rates: Mises.org/HAP459eJoin Peter Klein and Ryan McMaken in Albuquerque, New Mexico for a Mises event on strategy, economics, and decentralization of power. Register now: Mises.org/NM24The 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

Recorded at the Mises Institute in Auburn, Alabama, on August 1, 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.

There is no general social benefit from government spending regardless of how it is financed.Recorded at the Mises Institute in Auburn, Alabama, on August 1, 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.

Jason Purcell is an analyst at a major financial institution with a specialty in bond analysis. He joins Bob to discuss his historical analysis of yield curves (in both UK and US) going back to the 1870s, which shows that central banks do indeed manipulate short-term interest rates.Bob's Article on the Inverted Yield Curve: Mises.org/HAP457aGoerge Selgin's Cato Article on the Fed: Mises.org/HAP457bThe Charts Referenced in this Episode: Mises.org/HAP457cJoin us in Fort Myers, Florida, on November 9, 2024, to cut through the political noise and discuss the state of the economy. Distinguished speakers Tom DiLorenzo, Mark Thornton, and Murray Sabrin will challenge prevailing economic myths and take a critical look at the US political theater, offering insights into how political interventions distort our economy. It's an opportunity to move beyond partisan rhetoric and examine the way the government affects our lives and livelihoods. Register now: Mises.org/FtMyers24The 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

Jason Purcell is an analyst at a major financial institution with a specialty in bond analysis. He joins Bob to discuss his historical analysis of yield curves (in both UK and US) going back to the 1870s, which shows that central banks do indeed manipulate short-term interest rates.Bob's Article on the Inverted Yield Curve: Mises.org/HAP457aGoerge Selgin's Cato Article on the Fed: Mises.org/HAP457bThe Charts Referenced in this Episode: Mises.org/HAP457cJoin us in Fort Myers, Florida, on November 9, 2024, to cut through the political noise and discuss the state of the economy. Distinguished speakers Tom DiLorenzo, Mark Thornton, and Murray Sabrin will challenge prevailing economic myths and take a critical look at the US political theater, offering insights into how political interventions distort our economy. It's an opportunity to move beyond partisan rhetoric and examine the way the government affects our lives and livelihoods. Register now: Mises.org/FtMyers24The 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 critiques MMT godfather Warren Mosler's recent interview on the Odd Lots podcast, where Mosler argued that the Fed rate hikes have been fueling the strong economy.Bob's Critique of Stephanie Kelton's MMT Documentary: Mises.org/HAP456aJoin us in Fort Myers, Florida, on November 9, 2024, to cut through the political noise and discuss the state of the economy. Distinguished speakers Tom DiLorenzo, Mark Thornton, and Murray Sabrin will challenge prevailing economic myths and take a critical look at the US political theater, offering insights into how political interventions distort our economy. It's an opportunity to move beyond partisan rhetoric and examine the way the government affects our lives and livelihoods. Register now: Mises.org/FtMyers24The 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

Stephanie Kelton, the most visible promoter of MMT, is being derelict in her academic duties by not replying to Per Bylund's critique of her theories in the Quarterly Journal of Austrian Economics.Original Article: Is Stephanie Kelton Failing Her Academic Responsibility?

Jonathan Newman returns to help Bob dissect a Twitter thread melting down about Rep. Massie's new bill to End the Fed.The X thread discussing the "End the Fed Bill": Mises.org/HAP450aSelgin, Lastrapes, and White, "Has the Fed Been a Failure?": Mises.org/HAP450bBob's Article, "Putting the Country Back on Gold": Mises.org/HAP450cThe 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/MoneyHuman Action Podcast listeners can get a free book: Mises.org/HAPodFree

Mateusz "Matt" Machaj holds a PhD in economics and is a Fellow with the Mises Institute, who has also won both the Douglas E. French and the Lawrence Fertig prizes in Austrian economics. He joins Bob to discuss his new booklet from Routledge, which explains how mainstream economists have responded to the recent bout of price inflation.Dr. Machaj's Monetary Policy and Inflation: Mises.org/HAP448aBob's Book on MMT, Understanding Money Mechanics: Mises.org/HAP448bBob's MisesU Lecture, "Price Inflation: Corona vs. QE": Mises.org/HAP448cThe 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/MoneyHuman Action Podcast listeners can get a free book: Mises.org/HAPodFree

Stephanie Kelton is the star of a new documentary film touting the alleged brilliance of Modern Monetary Theory (MMT). Murphy gives a comprehensive critique of the film, covering the flaws in its theory, history, and policy recommendations.Finding the Money Documentary: Mises.org/HAP447aBob's Book on MMT, Understanding Money Mechanics: Mises.org/HAP447bRadford's Paper on P.O.W. Camps: Mises.org/HAP447cThe Upside-Down World of MMT: Mises.org/HAP447dBob's Article on Debt and Future Generations: Mises.org/HAP447e 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/MoneyHuman Action Podcast listeners can get a free copy of Dr. Ron Paul's Gold, Peace, and Prosperity: Mises.org/HAPodFree