PODCAST
Calculation and Knowledge
Calculation and Knowledge has works on the socialist calculation argument, place of economic calculation, monetary calculation, and knowledge in the economy.
Episodes
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Mises versus Hayek on the Future of Civilization
While F.A. Hayek is known for his term “spontaneous order,” Mises saw institutional development as coming from growth in human understanding of things. Original Article: Mises versus Hayek on the Future of Civilization
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AI Lacks the Entrepreneurial Intelligence to Plan an Economy
Despite what many elites believe, AI can do many things, but it cannot successfully plan an economy. It lacks the intelligence of an entrepreneur. Original Article: "AI Lacks the Entrepreneurial Intelligence to Plan an Economy"
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The Problem with Public Transit
Much of government-owned transportation destroys rather than adds to wealth. The lack of a sound system of economic calculation is to blame. Original Article: "The Problem with Public Transit"
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Economic Calculation Is Nonbinary
Economic calculation is not an either-or proposition. Even in so-called market economies like that of the USA, there is plenty of government intervention that distorts market processes. Original Article: "Economic Calculation Is Nonbinary"
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What Marxists Say about "Market Socialism"
Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented. Original Article: "What Marxists Say about "Market Socialism""
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Firms, Managers, and Entrepreneurship
Experienced entrepreneurs are Austrians. Download the slides from this lecture at Mises.org/MU23_PPT_35. Recorded at the Mises Institute in Auburn, Alabama, on 28 July 2023.
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Game Theory
Game theory done the wrong way eliminates individual choice. Download lecture slides at Mises.org/MU23_PPT_30. Recorded at the Mises Institute in Auburn, Alabama, on 27 July 2023.
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How the Institute was Founded
Recorded at the Mises Institute in Auburn, Alabama, on 27 July 2023.
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Do Big Data and AI Solve the Socialist Calculation Problem?
“Our civilization is inseparably linked with our methods of economic calculation. It would perish if we were to abandon this most precious intellectual tool of acting.” Download lecture slides at Mises.org/MU23_PPT_28. Recorded at the Mises Institute in Auburn, Alabama, on 27 July 2023.
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Calculation and Socialism
In 1920, Ludwig von Mises destroyed the intellectual foundations of the case for socialist central planning. Download lecture slides at Mises.org/MU23_PPT_12. Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2023.
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Why Mises’s Theory of Economic Calculation Still Is Relevant Today
Whether political elites promote outright socialism or interventionism, thanks to the reality of economic calculation, they are advocating a failed economy. Original Article: "Why Mises’s Theory of Economic Calculation Still Is Relevant Today"
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The Market Process Is Not a Knowledge Problem
While F.A. Hayek's famous 1945 essay effectively critiques the "perfect information" hypothesis, it is an inadequate explanation of the issue of economic calculation. Original Article: "The Market Process Is Not a Knowledge Problem"
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The Failure of Public Works and Public Funding
Shoddy service, regular breakdowns, and overbudget to boot. There is a reason why government-funded projects always waste resources. Original Article: "The Failure of Public Works and Public Funding"
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Socialism Isn't about Creating Economies. It Is about Amassing Political Power
Most socialists are not misguided about how to have a prosperous economy, for that is not their goal. Original Article: "Socialism Isn't about Creating Economies. It Is about Amassing Political Power" This Audio Mises Wire is generously sponsored by Christopher Condon.
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Why Marx Never Figured Out How to Distribute Goods in a Socialist Society
Contra Marx, Mises understood that human desires and needs are not determined merely by biology. Original Article: "Why Marx Never Figured Out How to Distribute Goods in a Socialist Society". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
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Per Bylund on The Seen, the Unseen, and the Unrealized
Professor Per Bylund of Oklahoma State University is the author of The Seen, The Unseen, and the Unrealized. 2020 is the year social scientists failed to show us the unseen, namely the staggering and still unfolding economic, social, medical, and human costs of Covid lockdowns. Dr. Bylund and…
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Why the Economy Isn't Controlled by One Big Corporation
Why don't corporations just get bigger and bigger until they take over the whole economy? Unlike states, firms aren't necessarily better off as they get bigger. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: "Why the Economy Isn't...
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Mises on Syndicalism
Syndicalism is a method of attack by organized labor for the attainment of certain political ends. It requires widespread acts of destruction on "capitalist" institutions as a means of ushering in a socialist regime. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by...
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Human Action Part Five with Ryan McMaken
Ryan McMaken, an economist and editor of Mises.org, joins the show to consider Part Five of Human Action: "Social Cooperation without a Market." This section of the book provides Mises's updated exposition of socialism, the impossible project of substituting 'One Will' for the subjective actions...
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Human Action Part Three with Dr. Per Bylund
We continue our series on Human Action with Professor Per Bylund of Oklahoma State University. Dr. Bylund and Jeff Deist consider Part Three of the book, "Economic Calculation," considering Mises's conception of value and the folly of attempting to define a "unit of value" in a highly subjective...
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Human Action Part One with David Gordon
In the second installment of our series on Mises's Human Action, Dr. David Gordon joins the show to walk us through Part One. The beginning of the book is considered its most "philosophical" material, where Mises lays out the basics of praxeology and epistemology as fundamental to understanding...
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Why Government Can't Measure Your Happiness
When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all. Original Article: Why the Government Can't Measure Income, Happiness, or...
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16. Joe Salerno on Economic Calculation, Fractional Reserve Banking, and Stories of Rothbard as White Knight
Joe Salerno is Academic Vice President of the Mises Institute and one of the world’s leading economists in the Rothbardian tradition. He discusses his intellectual roots, as well as his scholarly work on money and banking. But Bob also asks Joe to recount some of his funny adventures with Murray...
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Who is Murray Rothbard?
Murray N. Rothbard (1926–1995) was one of the most important participants in Ludwig von Mises’s seminar, and undoubtedly the premiere Austrian economist of the twentieth century. Here, David Gordon discusses Rothbard’s contributions to economic theory and their broader historical context. In his...
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Asymmetric Information and Market Failure: A Market Process Perspective
The Ludwig von Mises Memorial Lecture, sponsored by Dr. John Brätland. Includes introductory remarks by Joseph Salerno. Presented at the Austrian Economics Research Conference at the Mises Institute in Auburn, Alabama, on 10 March 2017.
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Errors, Business Cycles, and Government Stimulus
Recorded at the Mises Institute in Auburn, Alabama, on 29 July 2016.
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Subjective Value and Market Prices
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2016.
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The Birth of the Austrian School
Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2016.
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Time and the Theory of Cost
The Ludwig von Mises Memorial Lecture sponsored by James Walker. Recorded at the 2016 Austrian Economics Research Conference. Includes an introduction by Joe Salerno.
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The Political Economy of Gratuitousness
The Lou Church Memorial Lecture sponsored by the Lou Church Foundation. Recorded at the 2016 Austrian Economics Research Conference. Includes an introduction by Joe Salerno.
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ABOUT THIS SHOW
Calculation and Knowledge has works on the socialist calculation argument, place of economic calculation, monetary calculation, and knowledge in the economy.
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How many episodes does Calculation and Knowledge have?
Calculation and Knowledge currently has 103 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is Calculation and Knowledge about?
Calculation and Knowledge has works on the socialist calculation argument, place of economic calculation, monetary calculation, and knowledge in the economy.
How often does Calculation and Knowledge release new episodes?
Calculation and Knowledge publishes regularly with 103 episodes available. Check the episode list for the typical release schedule.
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