Podcasts about production theory

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Best podcasts about production theory

Latest podcast episodes about production theory

The Human Action Podcast
Why Government Relief Spending Only Makes the Recession Worse

The Human Action Podcast

Play Episode Listen Later Jan 3, 2025


Bob walks through diagrams from Hayek's famous LSE lectures to explain the Austrian view of the boom-bust cycle.The Diagrams Referenced in this Episode: Mises.org/HAP481aHayek's Prices and Production: Mises.org/HAP481bRothbard's Man, Economy, and State: Mises.org/HAP481cBob's Study Guide to Man, Economy, and State: Mises.org/HAP481dRoger Garrison's PowerPoint on the Hayekian Triangle: Mises.org/HAP481eThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Mises Media
Why Government Relief Spending Only Makes the Recession Worse

Mises Media

Play Episode Listen Later Jan 3, 2025


Bob walks through diagrams from Hayek's famous LSE lectures to explain the Austrian view of the boom-bust cycle.The Diagrams Referenced in this Episode: Mises.org/HAP481aHayek's Prices and Production: Mises.org/HAP481bRothbard's Man, Economy, and State: Mises.org/HAP481cBob's Study Guide to Man, Economy, and State: Mises.org/HAP481dRoger Garrison's PowerPoint on the Hayekian Triangle: Mises.org/HAP481eThe 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 Human Action Podcast
Matt McCaffrey on Frank Fetter vs. Alfred Marshall on the Theory of Rent

The Human Action Podcast

Play Episode Listen Later Dec 28, 2024


Matt McCaffrey is a former Mises Institute research fellow with an expertise in the American economist (and Austrian fellow-traveler) Frank Fetter. He joins Bob to discuss his newly published journal article exploring the dispute Fetter had with the august British economist Alfred Marshall over the theory of rent.Dr. McCaffrey's Journal Article: Mises.org/HAP480aFrank Fetter's Capital, Interest, and Rent: Mises.org/HAP480bMatt McCaffrey, “Frank Fetter and the Austrian Tradition in the United States”: Mises.org/HAP480cFor 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/HumanAction24

Mises Media
Matt McCaffrey on Frank Fetter vs. Alfred Marshall on the Theory of Rent

Mises Media

Play Episode Listen Later Dec 28, 2024


Matt McCaffrey is a former Mises Institute research fellow with an expertise in the American economist (and Austrian fellow-traveler) Frank Fetter. He joins Bob to discuss his newly published journal article exploring the dispute Fetter had with the august British economist Alfred Marshall over the theory of rent.Dr. McCaffrey's Journal Article: Mises.org/HAP480aFrank Fetter's Capital, Interest, and Rent: Mises.org/HAP480bMatt McCaffrey, “Frank Fetter and the Austrian Tradition in the United States”: Mises.org/HAP480cFor 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/HumanAction24

The Human Action Podcast
How Can Mining Asteroids in the Future Make Us Richer Today?

The Human Action Podcast

Play Episode Listen Later Nov 8, 2024


After explaining the backstory of how Bob put forth a proposal for codifying property rights in space-based resources, Bob then explains how the prospect of a future inflow of extraterrestrial riches could boost the standard of living on Earth in the near term.Bob Murphy Show, "Scott Horton on American Interference in the 1996 Russian Election": Mises.org/HAP473aThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Mises Media
How Can Mining Asteroids in the Future Make Us Richer Today?

Mises Media

Play Episode Listen Later Nov 8, 2024


After explaining the backstory of how Bob put forth a proposal for codifying property rights in space-based resources, Bob then explains how the prospect of a future inflow of extraterrestrial riches could boost the standard of living on Earth in the near term.Bob Murphy Show, "Scott Horton on American Interference in the 1996 Russian Election": Mises.org/HAP473aThe 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 Human Action Podcast
Was Ricardo's Comparative Advantage Really Different From What Adam Smith Said About Foreign Trade?

The Human Action Podcast

Play Episode Listen Later Oct 26, 2024


In response to Murphy's recent article on comparative advantage, economist Jorge Morales Meoqui objected that Murphy was continuing the same erroneous story about Adam Smith vs. David Ricardo. In this episode, Murphy clarifies what is right and wrong in Meoqui's own paper on the topic.Jorge Morales Meoqui's Article on Comparative Advantage: Mises.org/HAP471aThe Bob Murphy Show, Episode 352 on Comparative Advantage: Mises.org/HAP471bBob's Article, "The Beauty and Importance of Comparative Advantage": Mises.org/HAP471cThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Mises Media
Was Ricardo's Comparative Advantage Really Different From What Adam Smith Said About Foreign Trade?

Mises Media

Play Episode Listen Later Oct 26, 2024


In response to Murphy's recent article on comparative advantage, economist Jorge Morales Meoqui objected that Murphy was continuing the same erroneous story about Adam Smith vs. David Ricardo. In this episode, Murphy clarifies what is right and wrong in Meoqui's own paper on the topic.Jorge Morales Meoqui's Article on Comparative Advantage: Mises.org/HAP471aThe Bob Murphy Show, Episode 352 on Comparative Advantage: Mises.org/HAP471bBob's Article, "The Beauty and Importance of Comparative Advantage": Mises.org/HAP471cThe 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 Human Action Podcast
What Does Say's Law Really Say?

The Human Action Podcast

Play Episode Listen Later Aug 9, 2024


Bob goes solo to give the historical context and true meaning behind "Say's Law," as well as the caricature presented by Keynesian critics.J.B. Say's A Treatise on Political Economy: Mises.org/HAP460aJames Mill, "On the Overproduction and Underconsumption Fallacies": Mises.org/HAP460bThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Mises Media
What Does Say's Law Really Say?

Mises Media

Play Episode Listen Later Aug 9, 2024


Bob goes solo to give the historical context and true meaning behind "Say's Law," as well as the caricature presented by Keynesian critics.J.B. Say's A Treatise on Political Economy: Mises.org/HAP460aJames Mill, "On the Overproduction and Underconsumption Fallacies": Mises.org/HAP460bThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Mises Media
Austrian Capital Theory

Mises Media

Play Episode Listen Later Jul 30, 2024


Capital is the sum of the whole complex of goods destined for acquisition, evaluated in money terms.Recorded at the Mises Institute in Auburn, Alabama, on July 30, 2024.Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.

Audio Mises Wire
What Can Carl Menger Teach Us about Falafel Sandwiches?

Audio Mises Wire

Play Episode Listen Later May 14, 2024


What better way to explain the relationship between higher-order and lower-order goods than with food? Here, we look at the falafel sandwich.Original Article: What Can Carl Menger Teach Us about Falafel Sandwiches?

Mises Media
What Can Carl Menger Teach Us about Falafel Sandwiches?

Mises Media

Play Episode Listen Later May 14, 2024


What better way to explain the relationship between higher-order and lower-order goods than with food? Here, we look at the falafel sandwich.Original Article: What Can Carl Menger Teach Us about Falafel Sandwiches?

Audio Mises Wire
Low Time Preference Leads to Civilization

Audio Mises Wire

Play Episode Listen Later May 5, 2024


Economists use time preference to explain the existence of interest, but the ability of people to postpone some present consumption in order to save for the future has much broader social ramifications. Original Article: Low Time Preference Leads to Civilization

Mises Media
Low Time Preference Leads to Civilization

Mises Media

Play Episode Listen Later May 5, 2024


Economists use time preference to explain the existence of interest, but the ability of people to postpone some present consumption in order to save for the future has much broader social ramifications. Original Article: Low Time Preference Leads to Civilization

The Human Action Podcast
Garett Jones on the Legacy of Robert Solow

The Human Action Podcast

Play Episode Listen Later Jan 12, 2024


Economic giant Robert Solow died in December 2023. He was a Nobel laureate, and four of his PhD students went on to also receive the Nobel. He is known for the growth model named in his honor. Garett Jones of GMU joins Bob to discuss the work of Solow, focusing on the possible tension between the Solow model's conclusions about capital accumulation vis-à-vis the Austrian School. Join Tom DiLorenzo, Joe Salerno, and Patrick Newman in Tampa on February 17: Mises.org/Tampa2024Use code "Action24" for 15% off admission. Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

The Human Action Podcast
Garett Jones on the Legacy of Robert Solow

The Human Action Podcast

Play Episode Listen Later Jan 12, 2024


Economic giant Robert Solow died in December 2023. He was a Nobel laureate, and four of his PhD students went on to also receive the Nobel. He is known for the growth model named in his honor. Garett Jones of GMU joins Bob to discuss the work of Solow, focusing on the possible tension between the Solow model's conclusions about capital accumulation vis-à-vis the Austrian School. Join Tom DiLorenzo, Joe Salerno, and Patrick Newman in Tampa on February 17: Mises.org/Tampa2024Use code "Action24" for 15% off admission. Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

The Human Action Podcast
<![CDATA[Garett Jones on the Legacy of Robert Solow]]>

The Human Action Podcast

Play Episode Listen Later Jan 12, 2024


Economic giant Robert Solow died in December 2023. He was a Nobel laureate, and four of his PhD students went on to also receive the Nobel. He is known for the growth model named in his honor.  Garett Jones of GMU joins Bob to discuss the work of Solow, focusing on the possible tension between the Solow model's conclusions about capital accumulation vis-à-vis the Austrian School. Join Tom DiLorenzo, Joe Salerno, and Patrick Newman in Tampa on February 17: Mises.org/Tampa2024Use code "Action24" for 15% off admission.   Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree]]>

Mises Media
Garett Jones on the Legacy of Robert Solow

Mises Media

Play Episode Listen Later Jan 12, 2024


Economic giant Robert Solow died in December 2023. He was a Nobel laureate, and four of his PhD students went on to also receive the Nobel. He is known for the growth model named in his honor. Garett Jones of GMU joins Bob to discuss the work of Solow, focusing on the possible tension between the Solow model's conclusions about capital accumulation vis-à-vis the Austrian School. Join Tom DiLorenzo, Joe Salerno, and Patrick Newman in Tampa on February 17: Mises.org/Tampa2024Use code "Action24" for 15% off admission. Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

Mises Media
Garett Jones on the Legacy of Robert Solow

Mises Media

Play Episode Listen Later Jan 12, 2024


Economic giant Robert Solow died in December 2023. He was a Nobel laureate, and four of his PhD students went on to also receive the Nobel. He is known for the growth model named in his honor. Garett Jones of GMU joins Bob to discuss the work of Solow, focusing on the possible tension between the Solow model's conclusions about capital accumulation vis-à-vis the Austrian School. Join Tom DiLorenzo, Joe Salerno, and Patrick Newman in Tampa on February 17: Mises.org/Tampa2024Use code "Action24" for 15% off admission. Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

Mises Media
Garett Jones on the Legacy of Robert Solow

Mises Media

Play Episode Listen Later Jan 12, 2024


Economic giant Robert Solow died in December 2023. He was a Nobel laureate, and four of his PhD students went on to also receive the Nobel. He is known for the growth model named in his honor. Garett Jones of GMU joins Bob to discuss the work of Solow, focusing on the possible tension between the Solow model's conclusions about capital accumulation vis-à-vis the Austrian School. Join Tom DiLorenzo, Joe Salerno, and Patrick Newman in Tampa on February 17: Mises.org/Tampa2024Use code "Action24" for 15% off admission. Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

Interviews
Garett Jones on the Legacy of Robert Solow

Interviews

Play Episode Listen Later Jan 12, 2024


Economic giant Robert Solow died in December 2023. He was a Nobel laureate, and four of his PhD students went on to also receive the Nobel. He is known for the growth model named in his honor. Garett Jones of GMU joins Bob to discuss the work of Solow, focusing on the possible tension between the Solow model's conclusions about capital accumulation vis-à-vis the Austrian School. Join Tom DiLorenzo, Joe Salerno, and Patrick Newman in Tampa on February 17: Mises.org/Tampa2024Use code "Action24" for 15% off admission. Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

Audio Mises Wire
The Worse-than-Medieval Economics of Climate Technocrats

Audio Mises Wire

Play Episode Listen Later Dec 2, 2023


Mainstream economists turned climate warriors use cost-of-production methods to determine the “true” social cost of carbon. They appeal to a discredited methodology falsely attributed to medieval Scholastics. Original Article: The Worse-than-Medieval Economics of Climate Technocrats

Mises Media
The Worse-than-Medieval Economics of Climate Technocrats

Mises Media

Play Episode Listen Later Dec 2, 2023


Mainstream economists turned climate warriors use cost-of-production methods to determine the “true” social cost of carbon. They appeal to a discredited methodology falsely attributed to medieval Scholastics. Original Article: The Worse-than-Medieval Economics of Climate Technocrats

Mises Media
The Worse-than-Medieval Economics of Climate Technocrats

Mises Media

Play Episode Listen Later Dec 2, 2023


Mainstream economists turned climate warriors use cost-of-production methods to determine the “true” social cost of carbon. They appeal to a discredited methodology falsely attributed to medieval Scholastics. Original Article: The Worse-than-Medieval Economics of Climate Technocrats

Mises Media
The Worse-than-Medieval Economics of Climate Technocrats

Mises Media

Play Episode Listen Later Dec 2, 2023


Mainstream economists turned climate warriors use cost-of-production methods to determine the “true” social cost of carbon. They appeal to a discredited methodology falsely attributed to medieval Scholastics. Original Article: The Worse-than-Medieval Economics of Climate Technocrats

Audio Mises Wire
The Worse-than-Medieval Economics of Climate Technocrats

Audio Mises Wire

Play Episode Listen Later Dec 1, 2023


Mainstream economists turned climate warriors use cost-of-production methods to determine the “true” social cost of carbon. They appeal to a discredited methodology falsely attributed to medieval Scholastics. Original Article: The Worse-than-Medieval Economics of Climate Technocrats

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

Mises Media

Play Episode Listen Later Jul 27, 2023


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

Mises Media
How the Institute was Founded

Mises Media

Play Episode Listen Later Jul 27, 2023


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

Mises U 2023

Play Episode Listen Later Jul 27, 2023


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

Mises Media
The Division of Labor and Social Order

Mises Media

Play Episode Listen Later Jul 24, 2023


"The free market and the division of labor does not promote hyper-atomized individuals. It creates social harmony and community." Download the slides from this lecture at Mises.org/MU23_PPT_06. Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2023.

Audio Mises Wire
The Market Process Is Not a Knowledge Problem

Audio Mises Wire

Play Episode Listen Later Jun 19, 2023


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

Mises Media
The Market Process Is Not a Knowledge Problem

Mises Media

Play Episode Listen Later Jun 19, 2023


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

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

The Human Action Podcast

Play Episode Listen Later May 5, 2023


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

The Human Action Podcast
Can Supercomputers Make Socialism Work?

The Human Action Podcast

Play Episode Listen Later May 5, 2023


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

The Human Action Podcast
Can Supercomputers Make Socialism Work?

The Human Action Podcast

Play Episode Listen Later May 5, 2023


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

Mises Media
Can Supercomputers Make Socialism Work?

Mises Media

Play Episode Listen Later May 5, 2023


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

Interviews
Can Supercomputers Make Socialism Work?

Interviews

Play Episode Listen Later May 5, 2023


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

Mises Media
Chapter 5: Production and Entrepreneurship

Mises Media

Play Episode Listen Later Apr 10, 2023


Part II: Market, Chapter 5: Production and Entrepreneurship How to Think about the Economy: A Primer. Narrated by John Quattrucci.

Mises Media
Chapter 1: What Economics Is

Mises Media

Play Episode Listen Later Apr 10, 2023


Part I: Economics, Chapter 1: What Economics Is How to Think about the Economy: A Primer. Narrated by John Quattrucci.

Mises Media
Chapter 2: Economic Theory

Mises Media

Play Episode Listen Later Apr 10, 2023


Part I: Economics, Chapter 2: Economic Theory How to Think about the Economy: A Primer. Narrated by John Quattrucci.

Mises Media
Chapter 3: How to Do Economics

Mises Media

Play Episode Listen Later Apr 10, 2023


Part I: Economics, Chapter 3: How to Do Economics How to Think about the Economy: A Primer. Narrated by John Quattrucci.

Mises Media
Chapter 4: A Process, Not a Factory

Mises Media

Play Episode Listen Later Apr 10, 2023


Part II: Market, Chapter 4: A Process, Not a Factory How to Think about the Economy: A Primer. Narrated by John Quattrucci.

Mises Media
Conclusion: Action and Interaction

Mises Media

Play Episode Listen Later Apr 10, 2023


Conclusion: Action and Interaction, How to Think about the Economy: A Primer. Narrated by John Quattrucci.

Mises Media
Chapter 6: Value, Money, and Price

Mises Media

Play Episode Listen Later Apr 10, 2023


Part II: Market, Chapter 6: Value, Money, and Price How to Think about the Economy: A Primer. Narrated by John Quattrucci.

Mises Media
Chapter 7: Economic Calculation

Mises Media

Play Episode Listen Later Apr 10, 2023


Part II: Market, Chapter 7: Economic Calculation How to Think about the Economy: A Primer. Narrated by John Quattrucci.

Mises Media
Chapter 8: Monetary Intervention

Mises Media

Play Episode Listen Later Apr 10, 2023


Part III: Intervention, Chapter 8: Monetary Intervention How to Think about the Economy: A Primer. Narrated by John Quattrucci.

Mises Media
Chapter 9: Regulatory Intervention

Mises Media

Play Episode Listen Later Apr 10, 2023


Part III: Intervention, Chapter 9: Regulatory Intervention How to Think about the Economy: A Primer. Narrated by John Quattrucci.

Mises Media

Preface to How to Think about the Economy: A Primer. Narrated by John Quattrucci.

Mises Media
Dedication

Mises Media

Play Episode Listen Later Apr 10, 2023


Dedication to How to Think about the Economy: A Primer. Narrated by John Quattrucci.