Podcasts about value and exchange

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  • 255EPISODES
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  • Mar 22, 2025LATEST

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Best podcasts about value and exchange

Latest podcast episodes about value and exchange

The Human Action Podcast
Are Trade Deficits a Sign of Economic Strength?

The Human Action Podcast

Play Episode Listen Later Mar 22, 2025


Bob responds to recent tweets that believe trade deficits are a sign of economic strength. He also includes an op-ed from Robert Barro and a clip from Milton Friedman, to show that even big gun economists can often speak in misleading ways when it comes to trade deficits.Bob's Article on Free Traders Defending Deficits: Mises.org/HAP492aThe FRED Chart Referenced in this Episode: Mises.org/HAP492bBob's 2007 Mises Daily article on Capital Surplus: Mises.org/HAP492cBob's 2007 Mises Daily article Predicting the Recession: Mises.org/HAP492dThe Human Action Podcast Episode on International Trade: Mises.org/HAP492eThe 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

Mises Media
Are Trade Deficits a Sign of Economic Strength?

Mises Media

Play Episode Listen Later Mar 22, 2025


Bob responds to recent tweets that believe trade deficits are a sign of economic strength. He also includes an op-ed from Robert Barro and a clip from Milton Friedman, to show that even big gun economists can often speak in misleading ways when it comes to trade deficits.Bob's Article on Free Traders Defending Deficits: Mises.org/HAP492aThe FRED Chart Referenced in this Episode: Mises.org/HAP492bBob's 2007 Mises Daily article on Capital Surplus: Mises.org/HAP492cBob's 2007 Mises Daily article Predicting the Recession: Mises.org/HAP492dThe Human Action Podcast Episode on International Trade: Mises.org/HAP492eThe 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

The Human Action Podcast
Why Price Deflation Doesn't Hinder Investment

The Human Action Podcast

Play Episode Listen Later Mar 14, 2025


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

Mises Media
Why Price Deflation Doesn't Hinder Investment

Mises Media

Play Episode Listen Later Mar 14, 2025


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

Audio Mises Wire
The Poor Man of Nippur and Austrian Economic Principles

Audio Mises Wire

Play Episode Listen Later Jan 31, 2025


The Austrian school recognizes that economic analysis is timeless and the ancient story of “The Poor Man of Nippur” provides an excellent example. From time preference to the structure of production, many of the lessons are contained in this story.Original article: The Poor Man of Nippur and Austrian Economic Principles

Mises Media
The Poor Man of Nippur and Austrian Economic Principles

Mises Media

Play Episode Listen Later Jan 31, 2025


The Austrian school recognizes that economic analysis is timeless and the ancient story of “The Poor Man of Nippur” provides an excellent example. From time preference to the structure of production, many of the lessons are contained in this story.Original article: The Poor Man of Nippur and Austrian Economic Principles

Mises Media
Subjective Valuation Versus Arbitrary Valuation

Mises Media

Play Episode Listen Later Jan 23, 2025


One important difference between the Austrian and other schools of thought is the emphasis Austrians place upon purposeful human behavior. Consumption by individuals is not random, but rather purposeful action driven by subjective individual preferences.Original article: Subjective Valuation Versus Arbitrary Valuation

Mises Media
The Missing Secret

Mises Media

Play Episode Listen Later Jan 15, 2025


Modern academics are relentless in trying to find any nuances they can from the works of Karl Marx, but they miss the larger issues with his work. Marx was alive and active when the marginalists logically took apart his value theory, but hope springs eternal for Marx‘s supporters.Original article: The Missing Secret

The Human Action Podcast
The Flaws of GDP Accounting Explained

The Human Action Podcast

Play Episode Listen Later Jan 11, 2025


Bob looks at the misconceptions and misuses of GDP accounting, explaining why this widely accepted metric often paints a misleading picture of economic health.Bob's 2009 Mises Article on Krugman: Mises.org/HAP482aHuman Action Podcast Episode 481 on Business Cycle Theory: Mises.org/HAP482bBob's Mises Article on GDP: Mises.org/HAP482cThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Mises Media
The Flaws of GDP Accounting Explained

Mises Media

Play Episode Listen Later Jan 11, 2025


Bob looks at the misconceptions and misuses of GDP accounting, explaining why this widely accepted metric often paints a misleading picture of economic health.Bob's 2009 Mises Article on Krugman: Mises.org/HAP482aHuman Action Podcast Episode 481 on Business Cycle Theory: Mises.org/HAP482bBob's Mises Article on GDP: Mises.org/HAP482cThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

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

Audio Mises Wire
Who Sets the Prices for Goods?

Audio Mises Wire

Play Episode Listen Later Dec 1, 2024


Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services. Original article: Why Austrian Business Cycle Theory Is Better than Keynesianism

Mises Media
Who Sets the Prices for Goods?

Mises Media

Play Episode Listen Later Dec 1, 2024


Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services. Original article: Why Austrian Business Cycle Theory Is Better than Keynesianism

Audio Mises Wire
The Secret Economic Theory Behind the $100,000 Birkin Bag

Audio Mises Wire

Play Episode Listen Later Nov 26, 2024


The iconic Hermès Birkin bag helps illustrate Carl Menger's “Theory of the Good,” and Ludwig von Mises's explanation of human action.Original article: The Secret Economic Theory Behind the $100,000 Birkin Bag

Mises Media
The Secret Economic Theory Behind the $100,000 Birkin Bag

Mises Media

Play Episode Listen Later Nov 26, 2024


The iconic Hermès Birkin bag helps illustrate Carl Menger's “Theory of the Good,” and Ludwig von Mises's explanation of human action.Original article: The Secret Economic Theory Behind the $100,000 Birkin Bag

The Human Action Podcast
Clarifying Economists' Arguments About International Trade

The Human Action Podcast

Play Episode Listen Later Nov 23, 2024


Bob discusses common talking points that pro-free-trade economists often use when making the case against tariffs. The purpose is to facilitate discussion so both sides have a deeper understanding of the subtle issues involved.Bob's Article on Trade Deficits: Mises.org/HAP475aSteve Landsburg on Obama's State of the Union Remarks about Exports: Mises.org/HAP475bThe 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
Clarifying Economists' Arguments About International Trade

Mises Media

Play Episode Listen Later Nov 23, 2024


Bob discusses common talking points that pro-free-trade economists often use when making the case against tariffs. The purpose is to facilitate discussion so both sides have a deeper understanding of the subtle issues involved.Bob's Article on Trade Deficits: Mises.org/HAP475aSteve Landsburg on Obama's State of the Union Remarks about Exports: Mises.org/HAP475bThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Audio Mises Wire
Why People Pay Higher Prices for Some Goods Relative to Others

Audio Mises Wire

Play Episode Listen Later Nov 19, 2024


One of the important points made by Carl Menger in his 1871 Principles is that people ordinally rank their preferences, valuing some things more than others. While this seems to be a common-sense principle, it actually has important implications for economic theory.Original article: Why People Pay Higher Prices for Some Goods Relative to Others

Mises Media
Why People Pay Higher Prices for Some Goods Relative to Others

Mises Media

Play Episode Listen Later Nov 19, 2024


One of the important points made by Carl Menger in his 1871 Principles is that people ordinally rank their preferences, valuing some things more than others. While this seems to be a common-sense principle, it actually has important implications for economic theory.Original article: Why People Pay Higher Prices for Some Goods Relative to Others

The Human Action Podcast
The Classical Economists' Theory of Value Was More Sophisticated than You Think

The Human Action Podcast

Play Episode Listen Later Aug 23, 2024


Bob quotes from David Ricardo to show that the classical economists understood that utility was essential to explaining market value, but then he also explains why the Marginalist Revolution was a scientific advancement.Bob's Journal of Libertarian Studies Article on The Labor Theory of Value: Mises.org/HAP462aHuman Action Podcast Episode 460, "What Does Say's Law Really Say?": Mises.org/HAP462bDavid Ricardo, On the Principles of Political Economy and Taxation: Mises.org/HAP462cFor the next two weeks only, get a FREE copy of Dr. Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Mises Media
The Classical Economists' Theory of Value Was More Sophisticated than You Think

Mises Media

Play Episode Listen Later Aug 23, 2024


Bob quotes from David Ricardo to show that the classical economists understood that utility was essential to explaining market value, but then he also explains why the Marginalist Revolution was a scientific advancement.Bob's Journal of Libertarian Studies Article on The Labor Theory of Value: Mises.org/HAP462aHuman Action Podcast Episode 460, "What Does Say's Law Really Say?": Mises.org/HAP462bDavid Ricardo, On the Principles of Political Economy and Taxation: Mises.org/HAP462cFor the next two weeks only, get a FREE copy of Dr. Per Bylund's How to Think About the Economy: 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
Subjective Value and Market Prices

Mises Media

Play Episode Listen Later Jul 29, 2024


"Price theory is the cornerstone of the foundation of economic calculation, and economic calculation is the foundation upon which rests our understanding of the market economy."Recorded at the Mises Institute in Auburn, Alabama, on July 29, 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.

Mises Media
Praxeology

Mises Media

Play Episode Listen Later Jul 29, 2024


"The word praxeology can be used in two different ways. One is for a science of human action, as developed by Ludwig von Mises and his successors, principally Murray Rothbard. And the other is for the deductive method used in the science of human action."Recorded at the Mises Institute in Auburn, Alabama, on July 29, 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.

Mises Media
Why Economic Inequality Is a Good Thing

Mises Media

Play Episode Listen Later Jul 20, 2024


Is equality good and inequality bad?Over the known history of man, increasing economic inequality is associated with rising standards of living for all. Using common analogies, increased economic inequality lifts all boats, and not only increases the size of the economic pie, but also cuts everyone larger pieces of pie.Subscribe to this monthly podcast at Mises.org/Unanimity.Music: “My Universe” ℗ 2006 Kate Higgins (katehiggins.com). Used with permission.

Audio Mises Wire
Debunking Robert Reich's Debunking

Audio Mises Wire

Play Episode Listen Later Jun 18, 2024


Robert Reich is an economic fallacy machine, and he has begun a ten-week series in which he claims to debunk economic myths. Of course, to do so, he has to create economic myths and present them as factual.Original Article: Debunking Robert Reich's Debunking

Mises Media
Debunking Robert Reich's Debunking

Mises Media

Play Episode Listen Later Jun 18, 2024


Robert Reich is an economic fallacy machine, and he has begun a ten-week series in which he claims to debunk economic myths. Of course, to do so, he has to create economic myths and present them as factual.Original Article: Debunking Robert Reich's Debunking

Audio Mises Wire
Subjective Valuation Versus Arbitrary Valuation

Audio Mises Wire

Play Episode Listen Later Jan 23, 2024


One important difference between the Austrian and other schools of thought is the emphasis Austrians place upon purposeful human behavior. Consumption by individuals is not random, but rather purposeful action driven by subjective individual preferences.Original article: Subjective Valuation Versus Arbitrary Valuation

Audio Mises Wire
The Missing Secret

Audio Mises Wire

Play Episode Listen Later Jan 15, 2024


Modern academics are relentless in trying to find any nuances they can from the works of Karl Marx, but they miss the larger issues with his work. Marx was alive and active when the marginalists logically took apart his value theory, but hope springs eternal for Marx‘s supporters.Original article: The Missing Secret

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]]>

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

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
Making Money While Making Sense of Chaos: Understanding the World of the Traders

Audio Mises Wire

Play Episode Listen Later Nov 3, 2023


Robert Murphy explains how traders make money in a world of uncertainty and diabolical risk. Original Article: Making Money While Making Sense of Chaos: Understanding the World of the Traders

Mises Media
Making Money While Making Sense of Chaos: Understanding the World of the Traders

Mises Media

Play Episode Listen Later Nov 3, 2023


Robert Murphy explains how traders make money in a world of uncertainty and diabolical risk. Original Article: Making Money While Making Sense of Chaos: Understanding the World of the Traders

Audio Mises Wire
Making Money While Making Sense of Chaos: Understanding the World of the Traders

Audio Mises Wire

Play Episode Listen Later Nov 2, 2023


Robert Murphy explains how traders make money in a world of uncertainty and diabolical risk. Original Article: Making Money While Making Sense of Chaos: Understanding the World of the Traders

Audio Mises Wire
How People Determine the Value of a Good

Audio Mises Wire

Play Episode Listen Later Aug 12, 2023


In contrast to the imaginary way that mainstream economists present value, Austrian economists properly use ordinal rankings to determine value. Original Article: "How People Determine the Value of a Good"

Mises Media
How People Determine the Value of a Good

Mises Media

Play Episode Listen Later Aug 12, 2023


In contrast to the imaginary way that mainstream economists present value, Austrian economists properly use ordinal rankings to determine value. Original Article: "How People Determine the Value of a Good"

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 Media
The Birth of the Austrian School

Mises Media

Play Episode Listen Later Jul 24, 2023


Menger discovered much more than the principle of marginal utility—he created an entire system of economics based on subjective value and individual choice. Download lecture slides at Mises.org/MU23_PPT_03. Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2022.

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.

The Human Action Podcast
Do People Value Money Because They Need It to Pay Taxes?

The Human Action Podcast

Play Episode Listen Later Jun 2, 2023


Per Bylund joins Bob to discuss his new paper at the QJAE, which points out several flaws in the MMT claim that money is valued in order to pay taxes. Per's QJAE article: Mises.org/HAP398a

The Human Action Podcast
<![CDATA[Do People Value Money Because They Need It to Pay Taxes?]]>

The Human Action Podcast

Play Episode Listen Later Jun 2, 2023


Per Bylund joins Bob to discuss his new paper at the QJAE, which points out several flaws in the MMT claim that money is valued in order to pay taxes. Per's QJAE article: Mises.org/HAP398a]]>

The Human Action Podcast
Do People Value Money Because They Need It to Pay Taxes?

The Human Action Podcast

Play Episode Listen Later Jun 2, 2023


Per Bylund joins Bob to discuss his new paper at the QJAE, which points out several flaws in the MMT claim that money is valued in order to pay taxes. Per's QJAE article: Mises.org/HAP398a