# Why Socialism Fails: From Mises's 1920 Article to Today

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Text version: https://stenobird.com/podcast/the-human-action-podcast-1569402/why-socialism-fails-from-mises-s-1920-article-to-today.md
Podcast: [The Human Action Podcast](https://stenobird.com/podcast/the-human-action-podcast-1569402)
Published: 2026-05-19T18:45:28+00:00
Episode link: https://mises.org/podcasts/human-action-podcast/why-socialism-fails-misess-1920-article-today
Audio file: https://dts.podtrac.com/redirect.mp3/cdn.mises.org/2026-05/HAPod-550-20260519.mp3
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## Resource

Bob sits down with Dr. Jonathan Newman to discuss his Mises Academy course for homeschooling families based on Lessons for the Young Economist, using it as a starting point to walk through the full Austrian case against socialism. Related: The Mises Academy: Mises.org/HAP550a Dr. Newman's Course, Lessons for the Young Economist: Mises.org/HAP550b Bob's Lessons for the Young Economist: Mises.org/HAP550c Bob's Lessons for the Young Economist Teacher's Manual: Mises.org/HAP550d Dr. Newman's Article, "Star Trek Is Wrong: There Will Always Be Scarcity": Mises.org/HAP550e Celebrate Murray Rothbard's 100th birthday with a free copy of Anatomy of the State. Get yours at Mises.org/HAPodFree

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## Transcript

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