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

Dec 8, 2023 • 0sec
Krugman's Bag of Tricks
Ivory Tower economists continue to tell us that the US economy is booming, but consumers disagree. Paul Krugman has a new explanation for the economic gloom: Republicans. In a recent New York Times article, Krugman touts that partisanship and media bias drive a wedge between consumer sentiment and economic reality. But is this actually what’s going on?
Dr. Jonathan Newman is back with Bob to break down Krugman's shifting economic predictions and to consider the trajectory of the US economy.
Krugman's NYT Article from 2021 on Inflation: Mises.org/HAP425a
Krugman's NYT Article on Begin Wrong About Inflation: Mises.org/HAP425b
Jonathan and Bob's HAP Episode on The Fed's 'Soft Landing': Mises.org/HAP425c
Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

Dec 1, 2023 • 0sec
The Treasury is Running Out of Creditors
The US Government will face another round of federal debt expansion in 2024, but will there be enough creditors to allow their continued spending? Investors are not buying Treasury Debt at forecasted rates, foreign investors are exiting federal debt, and even the Federal Reserve is reducing its treasury holdings.
Dr. Jonathan Newman recently wrote for the Mises Wire on this topic, and he joins Bob to break down the data and explain what is up with treasuries and the future of the dollar.
Dr. Newman's Article on The Treasury's Creditors: Mises.org/HAP424a
Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

Nov 24, 2023 • 0sec
Co-Creator Explains Javier Milei's Plan to Abolish the Central Bank
Nicolás Cachanosky was a co-author on the dollarization proposal for Argentina that Javier Milei publicly endorsed.
Nicolás explains to Bob the outlines of the proposal, which involves replacing pesos with USD for bank deposits, currency in circulation, and central bank liabilities.
How to Dollarize Argentina: Mises.org/HAP423a
Rear More from Nicolás: Mises.org/HAP423b
The Human Action Podcast Episode with Peter Lewin: Mises.org/HAP423c
Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

Nov 17, 2023 • 0sec
Murray Sabrin's Memoir: From Liberal Democrat to Libertarian Running for Governor of New Jersey
Murray Sabrin has a long history with the Austrian movement and is one of two people who had Murray Rothbard on his PhD committee. He talks with Bob about his memoir, From Immigrant to Public Intellectual: An American Story.
Murray Sabrin's Substack: Mises.org/HAP422a
From Immigrant to Public Intellectual: An American Story: Mises.org/HAP422b
Rothbard's America's Great Depression: Mises.org/HAP422c
Bob's Blog on the Distortion of Hoover: Mises.org/HAP422d
The Mises Circle in Fort Myers: Mises.org/HAP422e
Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree

Nov 10, 2023 • 0sec
How Statism Leads to War
Mises' work explains how laissez-faire economies have incentives to be peaceful with each other, and how, inversely, tariffs and protectionism create isolation, instability, and war. His words are especially prescient today as conflicts rage and tensions between superpowers continue to rise—mirroring the rise in state power across the globe.
Dr. Jonathan Newman joins Bob to break down the history of warfare, how states fund war, and why war is more destructive in the modern era.
Dr. Newman's Article on the History of Warfare: Mises.org/HAP421a
Dr. Murphy on Private Military Defense: Mises.org/HAP421b
'Free Trade vs. Protectionism' MisesU 2023 Lecture: Mises.org/HAP421c
Bob and Jonathan's Talks from the Mises Circle in Fort Myers: Mises.org/HAP421d
Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Nov 3, 2023 • 0sec
A Nigerian Scholar Evangelizes Austrian Economics
"Econ Bro" (who wishes to remain anonymous) is a Nigerian scholar who realized the limits of his conventional economics training and then discovered the work of Murray Rothbard and other Austrians. He now seeks to help his country and the world by spreading the truth.
Econ Bro's Article on The State as a Rejection of God Part 1: Mises.org/HAP420a
Econ Bro's Article on The State as a Rejection of God Part 2: Mises.org/HAP420b
Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Oct 27, 2023 • 0sec
Responding to Yaron Brook's Critique of Anarcho-Capitalism
Recently Yaron Brook and Bryan Caplan debated the merits of anarchism at the Soho Forum. Bob critiques Brook's opening statement.
The Soho Forum Debate: Mises.org/HAP419a
Bob's Book on Market Anarchy, Chaos Theory: Mises.org/HAP419b
Rothbard's Book on Natural Rights and the State, For a New Liberty: Mises.org/HAP419c
Hans-Herman Hoppe's Book on Private Defense, The Private Production of Defense: Mises.org/HAP419d
Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: Mises.org/FL23
Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Oct 20, 2023 • 0sec
The Male/Female Wage Gap and This Year's Nobel Laureate
Brian Albrecht joins Bob to discuss the work of this year's Nobel (Memorial) Prize Winner Claudia Goldin, with an emphasis on the male-female wage gap.
Claudia Golden and Tyler Cowan Discuss The Gender Earnings Gap: Mises.org/HAP418a
Claudia Golden's Paper on The Pill: Mises.org/HAP418b
More Content from Brian: Mises.org/HAP418c
Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: Mises.org/FL23
Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Oct 14, 2023 • 0sec
Diving Deeper into the Fed's Trillion Dollar Loss
Jonathan Newman rejoins Bob to explore more of the mechanics and political implications of the Fed's current state of insolvency.
The Mercatus Article on Quantitative Easing: Mises.org/HAP417a
Furman's Op-Ed in the WSJ: Mises.org/HAP417b
Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: Mises.org/FL23
Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree

Oct 6, 2023 • 0sec
Inflation in Money or Prices? The Definition Matters
Andreas Granath is a recovering socialist who discovered the truth and beauty of Austrian economics and libertarianism. He joins Bob to discuss his recent article explaining the different definitions of "inflation" and why it matters.
Andreas' Mises Wire Article on CPI: Mises.org/HAP416a
The Silly IMF Tutorial on Inflation: Mises.org/HAP416b
Bob's Mises University Lecture on Price Inflation: Mises.org/HAP416c
Yaron Brook & Łukasz Dominiak Debate on Minarchy vs. Anarchy: Mises.org/HAP416d
Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: Mises.org/FL23
Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: Mises.org/HAPodFree