The Human Action Podcast - podcast cover

The Human Action Podcast

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

Episodes

ESG and DEI are Worse Than You Think

Mises Institute scholar and Troy University business school Dean Allen Mendenhall is among the leading critics of woke capital. He leads a new initiative against the perverse investment practices demanded by ESG/DEI commissars, and joins Jeff Deist to discuss both the origins of "stakeholder" capitalism and what we can do to push back against ideological purity tests in capital markets and corporate America. AllenMendenhall.com "Troy University tackles 'woke' business practic...

Feb 10, 2023Ep. 382

Why This Recession is Different

Back in January Jeff Deist joined the Austrian Economics Discord Server for a live event concerning trends in 2023. Jeff makes the case for viewing today's economy as quite unlike that of 2007—due to steady increases in CPI, more fiscal stimulus relative to monetary stimulus, and ongoing supply shock issues from COVID. This is a far-ranging discussion of the landscape for the Fed, persistent inflation, and a looming recession. Includes Q and A from the audience....

Feb 03, 2023Ep. 381

Is Economics a Dead Discipline?

Professor Per Bylund of Oklahoma State University, author of How to Think About the Economy joins Jeff and Bob to dissect how economics went so badly wrong. A discipline rooted in theory, axioms, and deduction has devolved into statistics, models, and hard science envy. Is the economics profession doing any good, or active harm? Per's new book How to Think About the Economy:  Mises.org/Primer Gary North and Walter Block debate "Is it Smart to Get a PhD in Economics":  Mises.org/HAP380a...

Jan 27, 2023Ep. 380

Davos: Has Globalism Peaked?

Jeff and Bob break down this week's Davos WEF conference and consider whether global elites really have the mechanisms to impose their plans. Johnny Vedmore's analysis of Schwab's origins:  Mises.org/HAP379a Scott Greer says America's right-want needs to stop dwelling on Schwab:  Mises.org/HAP379b Schwab bragging about penetrating Cabinets:  Mises.org/HAP379c...

Jan 20, 2023Ep. 379

Dr. Peter Klein on the Disconnect in Labor Markets

Dr. Peter Klein, professor of entrepreneurship at Baylor University and co-author of the new book Why Managers Matter , joins Jeff and Bob to explain the huge disconnect between supply and demand for labor in post-COVID America. Dr. Klein's new book Why Managers Matter: Mises.org/HAP378a

Jan 13, 2023Ep. 378

How FedGov Destroyed the Housing Market

There is no real housing market in the US. Instead, an unholy trinity of Fannie/Freddie, the US Treasury, and the Federal Reserve Bank operate to distort the market at every turn and drive home prices up dramatically. Mises Institute Senior Fellow Alex Pollock, an economist and former mortgage banker, joins Jeff to describe the reality few Americans know. Alex Pollock's new book Surprised Again: The Covid Crisis and the New Market Bubble : Mises.org/HAP377a Alex Pollock on how the Fed becam...

Jan 06, 2023Ep. 377

Jeff Deist on What 2023 Portends

This week's show features a bare-knuckle discussion between Jeff and José Niño of " El Niño Speaks " on the biggest political, economic, and cultural events of 2022—and what they portend for 2023. You don't want to miss Jeff's unvarnished thoughts on the Left, the Right, the economy, and what is sure to be a turbulent New Year. Read José's Substack:  josbcf.substack.com  ...

Dec 23, 2022Ep. 375

The Decline of Public Intellectuals

Does 2022 America still have legitimate intellectuals? Professor Paul Gottfried joins Jeff and Bob to consider the state of real and pseudo-intellectualism.

Dec 16, 2022Ep. 374

Are Capital Markets Corrupt?

Hunter Hastings of Economics for Business joins Jeff for a thoroughgoing discussion of how monetary and fiscal policy distort capital markets and create perverse incentives for financialization rather than real production. Jeff Deist, "Does M&A benefit the economy?": Mises.org/HAP373-A Rothbard's America's Great Depression: Mises.org/AGD The Economics for Business Podcast: Mises.org/E4Bpod...

Dec 09, 2022Ep. 373

Can We Fix the Economy?

Jeff and Bob record a special Thanksgiving episode for Money Talk 1010 AM on what it really takes to fix the US economy.  Mark Thornton on the coming economic crisis: Mises.org/HAP371A Listen to Jeff on Money Talk 1010 every Thursday at 9:00am ET: Mises.org/MoneyTalk

Nov 24, 2022Ep. 371

Will the FTX Scandal Bring Down "Crypto"?

Jeff and Bob discuss whether the FTX scandal will be used to justify new "crypto" regulations or even the creation of a central bank digital currency. Caitlin Long and Sam Bankman-Fried debating leveraging Bitcoin: Mises.org/HAP370A Mises on circulation credit vs. commodity credit:  Mises.org/HAP370B President of the Minneapolis Fed Neel Kashkari on CBDCs:  Mises.org/HAP370C...

Nov 18, 2022Ep. 369

Daniel McCarthy Dissects the Midterm Election

Daniel McCarthy joins Jeff and Bob to consider the deep unseriousness of American politics and electorate.  Willmoore Kendall's The Conservative Affirmation: Mises.org/Kendall  

Nov 11, 2022Ep. 369

The Socio-Politics of the Midterms

Jeff joins Chris Casey of WindRock Wealth Management for a deep analysis of next week's punishing midterm elections.

Nov 04, 2022Ep. 370

Words as Weapons

Criticisms of hapless Senate candidate John Fetterman are labeled "ableist," while Elon Musk's takeover of Twitter is deemed fascist. Jeff and Bob take a hard look at the linguistic battlefield and the corruption of language as an institution.  Jeff's paper on language, "Evolution or Corruption?": Mises.org/HAP367-1 George Orwell's essay "Politics and the English Language":  Mises.org/HAP367-2 Ken Smith's Junk English:  Mises.org/HAP367-3 Bryan Caplan on "Privilege":  Mi...

Oct 28, 2022Ep. 370

The Need for Beauty in Economics

Free Markets are often criticized for producing ugly, dystopian, consumer-driven landscapes, but is this true? Jeff explains how we need more than intellectual appeal to advance the cause of liberty—we need an appeal to beauty. Watch other talks from our 40th Anniversary Celebration: Mises.org/SS2022  

Oct 21, 2022Ep. 370

Bernanke's Sordid Nobel Prize

Dr. Bob Murphy and Jeff Deist discuss the nauseating elevation of former Fed Chair Ben Bernanke to Nobel Prize winner.

Oct 14, 2022Ep. 369

Toby Baxendale on the Coming Financial Repression

UK entrepreneur and founder of the Cobden Centre Toby Baxendale joins Bob to discuss meeting Hayek, the history of economists supporting 100% reserve banking, and the tools central banks and governments will use to enact "financial repression."

Oct 07, 2022Ep. 368

The Economics of War

Daniel McAdams of the Ron Paul Institute joins Jeff and Bob to discuss the economic and political ramifications of the Nord Stream 2 pipeline sabotage.  Read "The Economics of War" from Human Action: Mises.org/HAP363-1 Read a study Bob co-authored on Europe's energy crisis: Mises.org/HAP363-2

Sep 30, 2022Ep. 367

Daniel McCarthy on the Libertarian and Conservative Divide

Daniel McCarthy, editor of Modern Age , joins Jeff to consider the state of modern conservatism, modern libertarianism, and whether they can or cannot find common ground. Watch Daniel's talk at the LSC 2022: Mises.org/LSC22-McCarthy Read The Conservative Affirmation: Mises.org/HAP362-1

Sep 23, 2022Ep. 366

The Queen Is Dead, Democracy Is Dying

With Queen Elizabeth II lying in state at Westminster Hall, hereditary monarchies are under attack as archaic & absurd. Has mass democracy in the West done any better? Ryan McMaken joins Jeff and Bob to discuss. Read Ryan's Article on Monarchs: Mises.org/HAP361-1 Read Hoppe's Democracy:  Mises.org/Democracy

Sep 16, 2022Ep. 365

Inflation Kills

Bob and Jeff unravel the corrosive and nonsensical policy of "inflationism," and consider its deep cultural effects. Read Jeff's talk from the recent Ron Paul Institute conference: Mises.org/HAP360-1

Sep 09, 2022Ep. 364

Biden's Post-Persuasion America

Journalist Jordan Schachtel joins the show to discuss Biden's escalating rhetoric against what he terms "ultra-MAGA" semi-fascists. Is America finally past any pretense of democracy?  

Sep 02, 2022Ep. 363

Clifton Duncan on the College Question

Clifton Duncan joins the show to discuss Joe Biden's student loan forgiveness plan, along with the broader question of whether college and student loans are still worthwhile for young people. Jeff's Article, "Is College Worth It?":  Mises.org/HAP358-1

Aug 26, 2022Ep. 362

Why Federal Agencies Go Rogue

The IRS plans to hire 87,000 new armed agents, while an FBI raid on Trump–the administration's open political rival–draws allegations of corruption. Economists and political scientists, from Mises to Robert Higgs to James Burnham to public choice scholars, explain why mission creep and abuse by state agencies is the rule rather than the exception.  Jonathan Turley on Trump being disqualified from office: Mises.org/HAP356-1 Mises on the managerial state: Mises.org/Bureaucracy James Burnham's...

Aug 12, 2022Ep. 360

The Politicization of Economics

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    ...

Aug 05, 2022Ep. 359

What You Can Do

Jeff Deist and Connor Mortell host an AMA during Mises University 2022 on the topic of "What You Can Do." Recorded at the Mises Institute in Auburn, Alabama, on 30 July 2022.

Jul 30, 2022Ep. 358

Connor Boyack & the Case for Revisionist History

Connor Boyack, author of the new Tuttle Twins book America's History: 1215-1776, joins the show to make the Rothbardian case for de-bamboozling history. America’s History: A Tuttle Twins Series of Stories: T uttleTwins.com/History Rothbard on Historical Revisionism: Mises.org/HAP353-1

Jul 22, 2022Ep. 357
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