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Ep. 119 Guido Hulsmann Protests the Lockdown in France, and Discusses His Mises Biography and Novel Theory of Interest

Guido Hulsmann is a Senior Fellow with the Mises Institute and professor of economics at the University of Angers in France. He first discusses his article protesting the covid-19 lockdown in France. The conversation then turns to Guido’s biography of Ludwig von Mises. The final segment of the episode is devoted to Guido’s novel theory of interest, which rejects the standard pure time preference theory.

Mentioned in the Episode and Other Links of Interest:

The audio production for this episode was provided by Podsworth Media.

About the author, Robert

Christian and economist, Research Assistant Professor with the Free Market Institute at Texas Tech, Senior Fellow with the Mises Institute, and co-host with Tom Woods of the podcast "Contra Krugman."

4 Comments

  1. Paul on 05/14/2020 at 4:20 PM

    Has the community of Austrian economists responded to you or Hulsmann for either the critiques of the time preference or separately the competing theories?

    I have wondered what is to prevent the Mises Institute from ossifying and becoming equivalent to the Ayn Rand Institute?

    • Robert Murphy on 05/16/2020 at 5:21 PM

      I know Jeff Herbener defended the orthodox theory in this lecture, but I can’t remember if he spends a lot of time on Guido or me. I would have to re-watch it.

  2. The NAPster on 05/19/2020 at 11:32 AM

    What a treat to hear two of the brightest economists in our movement both critique the movement’s founders and (implicitly, based on Bob’s final question) argue cogently and civilly against each other!

    I thought that Guido’s means/end explanation was brilliant until Bob’s question about duration. I wonder, could Guido’s explanation hold if we say that increased duration brings increased uncertainty, which then widens the means/end gap?

  3. Jan Masek on 07/01/2020 at 7:43 PM

    Here is a piece of useless trivia: I met Mr Huelsmann once and he must be at least 2 meters tall. I said it was useless!! 🙂

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