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The Human Action Podcast

The Human Action Podcast

Von: Mises Institute
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The Human Action Podcast features in-depth interviews on current topics in economics through an Austro libertarian lens. Politik & Regierungen Sozialwissenschaften
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  • Mises at 145: His Greatest Contributions

    Mises at 145: His Greatest Contributions
    Oct 13 2026

    To mark Ludwig von Mises's 145th birthday, Bob reviews the contributions that put him in the running for greatest economist of all time.
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  • Matt McCaffrey Uncovers Frank Fetter's Lost Book

    Matt McCaffrey Uncovers Frank Fetter's Lost Book
    Sep 22 2026

    This week, Bob talks with professor Matt McCaffrey about a soon-to-be-published, never-before-seen manuscript by Frank A. Fetter, surveying the history of economic thought from Adam Smith to John Stuart Mill. Dr. McCaffrey explains what Fetter saw in Ricardo, the labor theory of value, and the classical economists on the eve of the marginalist revolution, and why this lost book is a rare window into a first-rate Austrian mind.

    Related:

    • Frank Fetter, Capital, Interest, and Rent: Essays in the Theory of Distribution: Mises.org/HAP564a
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  • Is the Natural Rate of Interest Really Zero? (Answering MMT)

    Is the Natural Rate of Interest Really Zero? (Answering MMT)
    Sep 12 2026

    Using Randall Wray's classroom "buckaroo" currency, Bob shows how MMT thinks about money, and the claim that a fiat currency's natural rate of interest is zero. He explains why the Austrian view roots interest in subjective time preference rather than the cost of printing money, and why an MMT-style currency would push price inflation higher over time.

    Related:

    • Warren Mosler, "The Natural Rate of Interest Is Zero": Mises.org/HAP563a
    • Randall Wray "How to Implement True, Full Employment": Mises.org/HAP563b
    • MMT vs. Austrian School Debate: Mises.org/HAP563c
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