The interview is totally off the wall with Max in way over his head explaining why the Austrian economic views of Ayn Rand and Paul Ryan are wrong, implying that they are wrong because they are linked to Mises.
First, although Rand supported capitalism on a moral basis, she never wrote about capitalism from an economic perspective and it is not clear how deep her understanding of Austrian economics was.
As for linking Ryan with Austrian economics, it is totally absurd, there is no indication from his political career that he understands Austrian economics.
As for Sandeep, this is one confused dude. He charges that Mises broke away from the thinking of Carl Menger. He states that Menger held that "value is not outside your consciousnesses." By this he means that values are subjective and not objective.
Here is Mises on the subject:
Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment.In other words, like Menger, Mises' views value as subjective.
Sandeep then goes on to another bizarre charge, that Mises did not believe that interest rates were set in the market (when there is no government intervention). He explains the Mises view of time preference, as to why there are interest rates, but this has nothing to do with the Mises view on how interest rates are set. In the same way we may say there is demand for Coca Cola because we are thirsty, one can say time preference is behind interest rates, but this does not rule out the fact that the price for Coca Cola or the interest rate are set on the free market.
Here's Mises discussing market interest rates:
On a market, which is not disturbed by the interference of such an "inflationist" banking policy, interest rates develop at which the means are available to carry out all the plans and enterprises that are initiated. Such unhampered market interest rates are known as "natural" or "static" interest rates.There is much more nuttiness from Sandeep such as his definition of money as "an extinguisher of debt," as opposed to the correct view that it is a medium of exchange, but you should get the picture, Sandeep has an amazing ability to mix up reality and come up with total absurdity. Salvador Dali would be proud.