As Trump challenges Powell and the Fed’s authority, Dr. Joe Salerno joins Bob to dive into whether "central bank independence" really protects the economy—or just shields elite power.
The Human Action Podcast
The Human Action Podcast features in-depth interviews on current topics in economics through an Austro libertarian lens.
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.
Bob challenges the conventional wisdom around Triffin’s dilemma, arguing that persistent U.S. trade deficits aren’t necessary for dollar dominance—and that Ron Paul had it right all along.
Jonathan Newman joins Bob to explore the archaeological evidence for silver as money in ancient Mesopotamia, challenging Modern Monetary Theory and affirming Menger’s classic account of money’s market origins.
Patrick Newman joins Bob to discuss Simon Kuznets’ role in developing GNP and GDP metrics and Kuznets’ concerns over how government spending is accounted for in economic statistics.
Bob responds to flawed arguments about trade deficits.
This episode explores the economic implications of deflation, debunking the mainstream fear that falling prices cripple economic growth.
Bob argues that the only way to cripple Mexican drug cartels is through US drug legalization.
Guido Hülsmann joins Bob to explore the newly digitized Ludwig von Mises archives at Grove City College, revealing lost correspondence, Mises’ personal battles against socialism, and more.
Is Elon Musk’s DOGE taxpayer dividend proposal inflationary, or is it simply returning savings from government spending cuts?
Economics Professor Josh Hendrickson breaks down a little-known document from Trump’s incoming economic adviser, revealing their strategic theory behind tariffs.
Erick Brimen joins Bob to show how Próspera Honduras offers economic freedom and choice in regulatory treatment.
Bob analyzes President Trump's recent remarks praising the revenue capacity of tariffs.
Jonathan Newman appears on the show to discuss Bob's recent debate on ZeroHedge, which centered on Austrian economics versus Modern Monetary Theory (MMT).
Lawrence McQuillan joins Bob to delve into the regulatory failures and mismanagement behind the wildfire crisis in California.
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 walks through diagrams from Hayek's famous LSE lectures to explain the Austrian view of the boom-bust cycle.
Dr. Matt McCaffrey 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.
In the wake of the shooting of UnitedHealth CEO Brian Thompson, Dr. Keith Smith explains why US health care is so expensive and how to fix it.
Bob explains that the beloved Wizard of Oz movie involved an allegory of the bimetallism debates of the late 1800s.
