The Human Action Podcast

Dr. Paul Cwik joins Bob to discuss the inverted yield curve's "signal" of an impending recession.

Dr. Cwik's dissertation on inverted yield curves and economic downturns: https://Mises.org/HAP395a

Bob on the link between inverted yield curves and recessions: https://Mises.org/HAP395b

Bob's Understanding Money Mechanics: https://Mises.org/Mechanics

Jonathan Newman joins Bob to dissect Paul Krugman's latest NYT op-ed, in which he derides Ron DeSantis as paranoid for thinking a central bank digital currency (CBDC) could be used to control citizens.

Krugman's op-ed in the New York Times: https://Mises.org/HAP391a

Bob breaking down negative interest rates: https://Mises.org/HAP391b

Jeff and Bob review the history and impact of The Human Action Podcast—formerly Mises Weekends—and discuss where the podcast is headed.

Get Jeff's new book A Strange Liberty: Politics Drops Its Pretenses: https://Mises.org/Strange

Bob is joined by guest Peter St. Onge to discuss how SVB's CEO, as well as Bernie Madoff, had key positions advising the Fed and SEC. Then they discuss how we should think about central banks losing money.

How the SEC was Charmed by Madoff: https://Mises.org/HAP389a

Bob's Understanding Money Mechanics: https://Mises.org/HAP389b

With commercial banks exposed by the recent bailouts, Americans question whether “their money” is truly safe despite the promises of FDIC insurance.

Jeff and Bob walk through the mechanics of how a full reserve bank could work in a truly free market based on the concepts and taxonomy of Mises’s Theory of Money and Credit.

Mises's A Theory of Money and Credit: https://Mises.org/TMC

Bob's study guide to A Theory of Money and Credit: https://Mises.org/HAP388a

John Cochran, 'The Safest Bank the Fed Won't Sanction': https://Mises.org/HAP388b

This past weekend saw extraordinary actions by the Fed to address the meltdown of Silicon Valley Bank. Did the central bank break the law by effectively authorizing unsecured loans to banks based on the face value—rather than significantly lower market value—of those banks' Treasury holdings?

Bob's study guide to A Theory of Money and Credit: https://Mises.org/HAP387a

Progressives view all aspects of human life as a struggle against forces of oppression. Earlier this week on BBC, Professor Mariana Mazzucato suggested governments across the West should simply print money not only to help Ukraine, but also to finance other "wars" against climate change, inequality, and more. Should national treasuries essentially adopt a permanent wartime footing and print far more money, as Mazzucato and Warren Mosler recommend? Hint: Jeff and Bob say "No."

Jeff's article "A Permanent Wartime Economy": https://Mises.org/HAP386a

Bob's debate with Warren Mosler: https://Mises.org/HAP386b

Bob's article in The American Conservative on the Greenbacker movement: https://Mises.org/386c

With global worldwide debt now over $300 trillion and interest rates rising, the US dollar is once again a relative safe haven in a slowing economy. Currencies competing with the Dollar face a deadly race to stave off a sovereign debt crisis. Is the dollar now unbound, as the dominant political tool of the dominant nation?

The Dollar Milkshake Theory: https://Mises.org/HAP385a

Thorsten Polleit, The Global Currency Plot: https://Mises.org/HAP385b

Bob's book, Understanding Money Mechanics: https://Mises.org/Mechanics

Tom Woods joins the show for a look at the hottest political topic of the day, namely national divorce. This is a spirited discussion of the politics, economics, and mechanics of how America might break up.

Watch 'The Economics of National Divorce Part I' with Ryan McMaken": https://Mises.org/HAP352

With Yale economics professor Yusuke Narita suggesting mass suicide—seppuku—as the answer to Japan's rapidly aging demographics, Jeff and Bob take a hard look at the economics and humanity of greying America.

Richard Hanania, "Gerontocracy Versus Western Civilization": https://Mises.org/HAP383a

Bob on opting out of Social Security: https://Mises.org/HAP383b