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The Flaws of GDP Accounting Explained
Manage episode 460549584 series 3252383
Contenu fourni par Mises Institute. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Mises Institute ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
Bob looks at the misconceptions and misuses of GDP accounting, explaining why this widely accepted metric often paints a misleading picture of economic health. Bob's 2009 Mises Article on Krugman: https://Mises.org/HAP482a Human Action Podcast Episode 481 on Business Cycle Theory: https://Mises.org/HAP482b Bob's Mises Article on GDP: https://Mises.org/HAP482c
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5938 episodes
Manage episode 460549584 series 3252383
Contenu fourni par Mises Institute. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Mises Institute ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
Bob looks at the misconceptions and misuses of GDP accounting, explaining why this widely accepted metric often paints a misleading picture of economic health. Bob's 2009 Mises Article on Krugman: https://Mises.org/HAP482a Human Action Podcast Episode 481 on Business Cycle Theory: https://Mises.org/HAP482b Bob's Mises Article on GDP: https://Mises.org/HAP482c
…
continue reading
5938 episodes
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1 The Snow Storm, the Price of Beef, and the Upcoming Conference in Tampa 18:27
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18:27On January 23, 2025, Mark Thornton appeared on Freedom Works! with Paul Molloy on WTAN AM 1340 in Tampa, Florida. They discussed the recent snow storm in the South, Mark's latest Minor Issues podcast episode on the price of beef, and the Mises Circle in Tampa on February 22. "The Price of Beef" (Minor Issues): https://Mises.org/MI_103 Register to attend Educating for Liberty: Mises Circle in Tampa, February 22, 2025, at https://Mises.org/Tampa25. Use promo code Minor25 for 10% off the ticket price.…
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1 Why Government Spending Is Driving Up Interest Rates 52:20
52:20
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52:20Economist Jonathan Newman joins Ryan McMaken to discuss how deficit spending and runaway debt is causing price inflation and higher interest rates. Use code Rothbard25 to get 10% off your ticket to Educating for Liberty Mises Circle in Tampa on February 22: httsp://Mises.org/Tampa25 Get free copies of What Has Government Done to Our Money? at https://Mises.org/RothPodFREE The World at War by Ralph Raico: https://Mises.org/RaicoWar Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off…
Ralph Raico presents the fundamental political problem of the twentieth century, which remains our fundamental political problem today: How can war—given its appalling destruction—be avoided? Narrated by Millian Quinteros.
The Biden administration, and the political establishment more broadly, is scrambling to ram through policies that a majority of voters just voted against. Their actions expose that their supposed commitment to democracy is a lie. Narrated by Millian Quinteros.
Much of the failure of American schools is due to the adherence to a flawed system of teaching students how to read. Homeschoolers often don‘t seem to have that problem, and there is a good reason why. Narrated by Millian Quinteros.
In replying to a previous article by Frank Shostak, Douglas French writes that if an increase in the supply of gold ultimately leads to an expansion of bank credit, that is enough to start the boom-and-bust cycles, even if there is no central bank to accelerate the process. Narrated by Millian Quinteros.…
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1 Bitcoiners’ Guide to Austrian Economics | Per Bylund 11:59
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11:59Bitcoin is many things to people and it certainly has developed into a valuable asset. It also has been used as a medium of exchange. But is it money? According to Austrian economics, the answer is “no.” At least not yet. Narrated by Millian Quinteros.
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Mises Institute
1 The Economics of Medical Waiting Rooms | Jane L. Johnson 10:27
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10:27"Hurry up and wait" is often the reality of medical care. We shouldn't be surprised to know that long lines and government intervention go together. Narrated by Millian Quinteros.
One important difference between the Austrian and other schools of thought is the emphasis Austrians place upon purposeful human behavior. Consumption by individuals is not random, but rather purposeful action driven by subjective individual preferences. Narrated by Millian Quinteros.
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1 “Personnel Is Policy” Means the Rule of Law Is Dying | Vincent Cook 10:18
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10:18Those carrying out government directives are even less bound by law than they were a few years ago, and talk about new bureaucrats is beginning to resemble the Kremlinology of the Cold War. Narrated by Millian Quinteros.
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Mises Institute
1 Lawrence McQuillan Explains The Policy Inferno Behind the California Wildfires 54:52
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54:52Lawrence McQuillan from the Independent Institute joins Bob to delve into the regulatory failures and mismanagement behind the wildfire crisis in California. They discuss the environmental policies that exacerbate risks, offer practical solutions to firefighting and prevention shortcomings, and examine the role of private stewardship in mitigating future disasters. This episode overall sheds light on how California’s political landscape and approach to wildfires continues to fuel a recurring tragedy. Lawrence's 2017 Article Detailing the CA's Fire Prevention Problem: https://Mises.org/HAP483a Lawrence’s 2019 Golden Fleece Report Submission on Mismanagement in CA: https://Mises.org/HAP483b Lawrence’s 2020 Interview on the Reasons Ca’s Fires Keep Happening: https://Mises.org/HAP483c Lawrence’s 2024 Article on Lessons From the Lahaina Wildfires:: https://Mises.org/HAP483d…
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Mises Institute
In the US, the price of hamburger meat ended 2024 near a record high of $5.60 per pound. Is there a magic wand to solve the problem of high beef prices, as well as high pork and chicken prices? Yes, actually. Mark Thornton explains. Additional Resources "Where’s the Beef?" (Minor Issues Podcast): https://Mises.org/MI_36 "Average Price: Ground Beef" (Federal Reserve Bank of St. Louis): https://fred.stlouisfed.org/series/APU0000703112 The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton: https://Mises.org/Curse Register to attend Educating for Liberty: Mises Circle in Tampa, February 22, 2025, at https://Mises.org/Tampa25. Use promo code Minor25 for 10% off the ticket price. Enter the 2025 Bitcoin vs. Gold Prediction Contest at https://mises.org/form/bitcoin-gold--2025-entry Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at https://Mises.org/IssuesFree Be sure to follow Minor Issues at https://Mises.org/MinorIssues.…
A major reason the wildfires in LA last week were so destructive is because of how the government intervenes in the home insurance market. Now as the industry falls apart, state officials are blaming climate change and doubling down. Read the article here: https://mises.org/mises-wire/no-climate-change-not-causing-californias-insurance-crisis Be sure to follow the Guns and Butter podcast at https://Mises.org/GB…
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1 Why We Need "Just War Theory" 38:50
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38:50Ryan McMaken and 'Crisis' magazine editor-in-chief Eric Sammons examine how many Christians pay too little attention to the true costs of war. Ryan and Eric also discuss the importance of Just War Theory. Use code Rothbard25 to get 10% off your ticket to Educating for Liberty Mises Circle in Tampa on February 22: httsp://Mises.org/Tampa25 Get free copies of What Has Government Done to Our Money? at https://Mises.org/RothPodFREE The World at War by Ralph Raico: https://Mises.org/RaicoWar Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off…
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1 Progressivism and the Murder of a Health Insurance CEO | Connor O'Keeffe 10:11
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10:11Progressives are openly cheering the murder of the CEO of UnitedHealthcare. However, it was progressive legislation that created this healthcare crisis in the first place. Narrated by Millian Quinteros.
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