Lucas Engelhardt's guest appearances

Lucas Engelhardt

The Human Action Podcast

Ask an Austrian

Murray Sabrin

Bob Murphy

John O'Donnell

Mark Thornton

James Rickards

David Gordon

Dave Smith

Jeff Sessions

Michael Malice

Yoram Hazony

Jeff Deist

Steve Hanke

Richard Ebeling

Caitlin Long

James Grant

OwlTail

Audio version here: https://anchor.fm/lpmisescaucus  Want your questions related to economics, libertarian theory and ethics answered by an Austrian Economist? Submit them at AskAnAustrian.com Become a donor to Mises PAC, join the decentralized Re(Love)ution! - LPMisesCaucus.com/donate You can check out Lucas Engelhardt's work at the Mises Institute (https://mises.org/profile/lucas-m-engelhardt) as well as on his personal website (http://www.lucasmengelhardt.com/) Question Timestaps: 00:15 - Question 1 - What is the best introductory book for the layman who wants to learn the basics of Austrian econ, but doesn't necessarily want to become an expert or read something as extensive as Human Action or ME&amp;S? Question 2 - 4:47 - In the absence of a federal reserve, would prices ever go up? In other words, would the cost of living increase? Question 3 - 7:30 - Am I wrong for saying the U.S dollar does not have a unit of account? Since the U.S dollar is a unit of debt and debt has no standard measurement. How can I logically compare prices than. Question 4 - 12:18 - Why is the petrodollar so important to the USA and if other nations move away from the dollar in global trade will there be an inflationary impact in the USA? Question 5 - 15:52 - What is the Austrian Business Cycle Theory, and what should the Mises Caucus advocate for given an understanding of ABCT?

Audio version here: <a href="https://anchor.fm/lpmisescaucus" rel="nofollow" target="_blank">https://anchor.fm/lpmisescaucus</a> Want your questions related to economics, libertarian theory and ethics answered by an Austrian Economist? Submit them at <a href="http://AskAnAustrian.com" rel="nofollow" target="_blank">AskAnAustrian.com</a> Become a donor to Mises PAC, join the decentralized Re(Love)ution! - <a href="http://LPMisesCaucus.com/donate" rel="nofollow" target="_blank">LPMisesCaucus.com/donate</a> You can check out Lucas Engelhardt's work at the Mises Institute (<a href="https://mises.org/profile/lucas-m-engelhardt" rel="nofollow" target="_blank">https://mises.org/profile/lucas-m-engelhardt</a>) as well as on his personal website (<a href="http://www.lucasmengelhardt.com/" rel="nofollow" target="_blank">http://www.lucasmengelhardt.com/</a>) Question Timestaps: 00:15 - Question 1 - What is the best introductory book for the layman who wants to learn the basics of Austrian econ, but doesn't necessarily want to become an expert or read something as extensive as Human Action or ME&amp;S? Question 2 - 4:47 - In the absence of a federal reserve, would prices ever go up? In other words, would the cost of living increase? Question 3 - 7:30 - Am I wrong for saying the U.S dollar does not have a unit of account? Since the U.S dollar is a unit of debt and debt has no standard measurement. How can I logically compare prices than. Question 4 - 12:18 - Why is the petrodollar so important to the USA and if other nations move away from the dollar in global trade will there be an inflationary impact in the USA? Question 5 - 15:52 - What is the Austrian Business Cycle Theory, and what should the Mises Caucus advocate for given an understanding of ABCT?

Ask An Austrian, Ep. 1—Lucas Engelhardt

Professor Lucas Engelhardt, a popular lecturer at Mises University, joins Jeff Deist to discuss the monetary policy landscape. Janet Yellen makes jokes about $20 trillion in federal debt, but what about the trillions the Fed added to its own balance sheet since the Crash of '08? What will happen to the extraordinary amount of bank reserves parked in no-man's land, not being lent by banks? Can Mises's work help us understand what happens when the supply of money increases much faster than demand for it? How does new money and credit flow into the economy unevenly, benefiting those closest to the government and central bank troughs? And is there an ugly endgame scenario, where rapid asset price inflation (i.e. equity and real estate markets) devolves into rapid consumer price inflation?

Professor Lucas Engelhardt, a popular lecturer at Mises University, joins Jeff Deist to discuss the monetary policy landscape. Janet Yellen makes jokes about $20 trillion in federal debt, but what about the trillions the Fed added to its own balance sheet since the Crash of '08? What will happen to the extraordinary amount of bank reserves parked in no-man's land, not being lent by banks? Can Mises's work help us understand what happens when the supply of money increases much faster than demand for it? How does new money and credit flow into the economy unevenly, benefiting those closest to the government and central bank troughs? And is there an ugly endgame scenario, where rapid asset price inflation (i.e. equity and real estate markets) devolves into rapid consumer price inflation?

Dr. Lucas Engelhardt on Why the Fed Should Scare Us