Calculating GDP Correctly
There are many reasons we should be skeptical of the GDP statistic. But it is nonetheless important to understand how it is calculated.
Recent Podcast Episodes
George Reisman on Studying With Mises, Meeting Ayn Rand, and His Contributions to Economic Theory
George Reisman talks with Bob Murphy and shares anecdotes about his experiences with Mises and Rand.
Why There’s a Left-Right Divide among Libertarians
Like it or not, libertarians have divided themselves along left-right lines. Here's a brief explanation.
Why Fed Bugs Really, Really Hate Gold
Fed bugs sound like real estate agents in reverse: there is never a good time to buy gold.
How Healthcare Intermediaries Profit
Dr. Marion Mass and Dr. Rupali Chadha join the show to discuss the role of middlemen in healthcare, and how the recent White House executive order to eliminate middlemen will change the healthcare landscape.
Accad/Koka on Lockdowns
Anish Koka and Michel Accad discuss lockdowns in light of the experience of the last few months.
The Misplaced Fear of “Monopoly”
The political entrepreneur succeeds by using the implicit violence of government to cripple his competitors and harm consumers. The market entrepreneur, on the other hand, makes his fortune by providing consumers with products they need at prices they can afford.
The Covid Crisis Has Helped Make the Blueprint for a European Superstate
The “cure” to the current crisis that is forced upon all Europeans now is not just worse than the disease; it is the disease.
Throwing Printed Money at This Problem Won’t Make It Go Away
The crisis we faced in 2008 has not gone away, as we failed to heed its warning to change course and reduce debt levels. Instead, it has become bigger and more dangerous.
Why Two Wealthy Senators Might Not Like Judy Shelton
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
Swamponomics: Trump’s Fed Pick, a Kodak Moment, and GDP Misinformation
Kodak's newly announced $765 million loan is just another case of DC picking winners and losers.
Why the Left Hates Christianity
Bob first observes that the Left (institutionally) hates Christianity, and that standard explanations, such as its alleged bigotry, don't explain why the Left gives Islam a pass.
The Origins of the Dollar’s Value
The value of a paper dollar originates from its historical link to commodity money—which happens to be gold—and not government decree or social convention.
Jeff Deist on Pandemic Regulations, the Future of Gold, and Cryptocurrency
Jeff Deist joins David Gornoski on A Neighbor's Choice to discuss Biden’s call for mask mandates, moving on from the lockdowns, and how to realistically deal with the virus.
Tom DiLorenzo Explains the Problem With Abe Lincoln
Bob asks Tom about his early career in economics, and then they discuss the various ways in which Abe Lincoln was actually a horrible president.
How Murray Rothbard’s Theory of Entrepreneur-Driven Progress Can Be Applied to Modern Businesses
To succeed, entrepreneurs must demonstrate superior foresight and judgment, and practice continuous dynamic improvement in their assembly and reassembly of assets to serve the consumer.
MMT Follow-up: A Framework for Money, Inflation, and Debt
As a follow-up to his discussion on MMT with Rohan Grey, Bob goes solo to explain the basic cash balance framework for thinking about money, inflation, and debt.
Man, Economy, and State: Monopoly with Dr. Walter Block
Dr. Walter Block joins the show to discuss Rothbard's breakthroughs on monopolies and cartels, and to draw downward-sloping demand diagrams for us!
Dear Portland, It’s Not America’s Job to Solve Your Problems
In response to my article last week opposing the use of federal soldiers and federal agents on the streets of American cities, my inbox and the article's comment section filled up with readers claiming that it most certainly is the job of the US federal government to step in and take control of US cities against the will of the state and local governments.
