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Man, Economy, and State with Shawn Ritenour

Man, Economy, and State with Shawn Ritenour

AOC and Paul Krugman are wrong: we can't just pay…

The Human Action Podcast

July 17, 202043m 9s

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Show Notes

AOC and Paul Krugman are wrong: we can't just pay people money to stay home and expect "stuff" to materialize around us. This show explains why—as we cover Rothbard's Man, Economy, and State Chapter 5, "Production: The Structure," with our great friend Dr. Shawn Ritenour from Grove City College. Don't miss a great discussion of that critical missing link in mainstream economics—capital theory—and its corollaries, from the temporal and uncertain nature of production to cost fallacies. This show also features plenty of examples from today's economy and a short but dynamic exposition of the evenly rotating economy by Dr. Ritenour. Use the code HAPOD for a discount on Man, Economy, and State from our bookstore: Mises.org/BuyMES Additional Resources Dr. Joe Salerno's introduction to Man, Economy, and State: Mises.org/SalernoMES Man, Economy, and State: Mises.org/MES