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The Human Action Podcast

The Human Action Podcast

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The Human Action Podcast features in-depth interviews on current topics in economics through an Austro libertarian lens. Ciencia Política Ciencias Sociales Política y Gobierno
Episodios
  • The Politcization of Economics

    The Politcization of Economics
    Aug 5 2022

    Has economics fallen to politics? Court economists like Paul Krugman–we might call them "regime economists"–represent a profession in big trouble. Jeff and Bob discuss.

    Michael Tanner, "PIketty Gets it Wrong": Mises.org/HAP355-1 Bob Murphy on the economics establishment vs. Judy Shelton: Mises.org/HAP355-2 Jeff Deist on Nancy McLean's unprofessional attacks: Mises.org/HAP355-3 Bob's article with Phillip Magness on Piketty: Mises.org/HAP355-4

     

     
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  • Cantillon Effects and the Politics of Money Creation

    Cantillon Effects and the Politics of Money Creation
    Apr 2 2026

    This week, Bob explains Cantillon effects: the insight that new money doesn't raise all prices equally or simultaneously, but flows through the economy in a sequence that benefits early recipients at the expense of everyone else. Then, he shows why this phenomenon is the foundation on which the entire Austrian theory of the business cycle is built.

    Related:

    • Richard Cantillon, An Essay on Economic Theory: Mises.org/HAP544a

    The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree
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  • Can AI Solve the Socialist Calculation Problem?

    Can AI Solve the Socialist Calculation Problem?
    Mar 27 2026

    Bob untangles two arguments that even Austrian economists sometimes conflate: Mises' calculation problem and Hayek's knowledge problem. Then, he explains why the distinction matters, especially in light of recent claims that AI and modern computing could finally make central planning viable.

    Related:

    • Bob's Article, "Socialism: The Calculation Problem Is Not the Knowledge Problem": Mises.org/HAP543a

    The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree
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Good analysis. An Austrian take on economics and current events. Brings a sane perspective to a clown world.

Human Action Pod

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