The Human Action Podcast

The Human Action Podcast

The Human Action Podcast features in-depth interviews on current topics in economics through an Austro libertarian lens.

Exposing the FBI Coverup of Biden Corruption

Robbie "The Fire" Bernstein joins Bob to walk through the shocking and hilarious moves by Biden officials to downplay recent allegations of corruption.

Exposing the FBI Coverup of Biden Corruption

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MMT's Warren Mosler Argues Fed Rate Hikes Cause Growth and Inflation

Tags InflationCapital and Interest TheoryMonetary TheoryOther Schools of Thought
07/07/2023Mises Media

MMT champion Warren Mosler claims that Fed rate hikes lead to larger government interest expenses and hence support economic growth and inflation. Bob presents both theoretical and empirical evidence against Mosler's claims.

MMT's Warren Mosler Argues Fed Rate Hikes Cause Growth and Inflation

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The Impact of Falling M2 on Prices and Jobs

06/30/2023Mises Media

The Mises Institute's Executive Editor Ryan McMaken joins Bob to discuss his latest article, in which Ryan spells out the state of the M2 money supply and possible implications for consumer prices and an impending recession.

The Impact of Falling M2 on Prices and Jobs

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MMT Says Government Debt Makes Private Saving Possible

Tags The FedMoney and BanksMonetary TheoryOther Schools of Thought
06/23/2023Mises Media

Patrick Newman joins Bob to discuss a recent tweet from Stephanie Kelton, which argued that the government's "red ink makes our black ink possible."

MMT Says Government Debt Makes Private Saving Possible

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Why ChatGPT Failed an Economics Exam

Tags EducationOther Schools of ThoughtPrices

University of Rochester economist Steve Landsburg joins Bob to discuss the abysmal performance of ChatGPT on his undergraduate exam.

Why ChatGPT Failed an Economics Exam

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Do Sticky Prices Make the Market Get Stuck?

06/09/2023Mises Media

Can prices be "wrong" (i.e. in disequilibrium) if they are "sticky?" Jonathan Newman joins Bob to discuss. 

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Do People Value Money Because They Need It to Pay Taxes?

Tags Taxes and SpendingMonetary TheoryOther Schools of ThoughtValue and Exchange
06/02/2023Mises Media

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.

Do People Value Money Because They Need It to Pay Taxes?

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Fear-Mongering Over the Debt Ceiling

05/26/2023Mises Media

Heritage Fellow Peter St. Onge joins Bob to set the record straight on several popular talking points about the debt ceiling.

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Remembering the Contributions of Lucas and Alchian

Tags MacroeconomicsBusiness CyclesOther Schools of Thought
05/19/2023Mises Media

Bob and Brian Albrecht discuss rational expectations, real business cycle theory, and how Alchian cracked the military's top secrets.

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Does the Inverted Yield Curve Signal a Coming Recession?

05/12/2023Mises Media

Dr. Paul Cwik joins Bob to discuss the inverted yield curve's "signal" of an impending recession.

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