Podcasts about Friedrich Hayek

In the long-awaited Round 4 of our "Ludwig von Mises vs. A Christian Scholar" series I examine one of the most important questions at the intersection of biblical theology and economics: what is the relationship between justification, righteousness, and social justice? In the first half of this episode, I review James D. G. Dunn's understanding of righteousness and justification as presented in The Justice of God: A Fresh Look at the Old Doctrine of Justification by Faith. In the second half, I critically evaluate and challenge Alan Suggate's chapter in the same volume, arguing that while he rightly recognizes that justification has profound social implications, he reaches mistaken economic conclusions that are inconsistent with both Scripture and sound economics. Beginning with the Old Testament and Paul's letter to the Romans, I argue that Dunn is right to emphasize that righteousness is both vertical and horizontal, encompassing our relationship with God and our relationships with others. Those who are justified by grace through faith are incorporated into God's covenant family and transformed by the Holy Spirit, meaning that justification necessarily has social consequences. I then argue that Suggate incorrectly concludes that these social implications justify coercive government redistribution, whereas the biblical vision of righteousness is better embodied through voluntary cooperation, peaceful exchange, and Christian charity. Drawing on the Austrian School of economics, particularly the work of Ludwig von Mises and Friedrich Hayek, I critique Suggate's analysis of markets, wealth, and social justice, contending that free markets foster social harmony, reward service to others, and provide the conditions for genuine charity without resorting to state coercion. Ultimately, I argue that Paul's vision of justification calls the church to embody the cruciform righteousness of Christ through lives of sacrificial love, demonstrating that biblical concern for the poor is not only compatible with economic liberty but is best realized through voluntary rather than coercive means. Media Referenced:Mises Round 1, Michael Gorman: https://libertarianchristians.com/episode/ludwig-von-mises-vs-christian-scholar-round-1-michael-gorman/Mises Round 2, James K.A. Smith: https://libertarianchristians.com/episode/ludwig-von-mises-vs-christian-scholar-round-2-james-k-a-smith/Mises Round 3, N.T. Wright: https://libertarianchristians.com/episode/ep-178-ludwig-von-mises-vs-a-christian-scholar-round-3-n-t-wright/ The Protestant Libertarian Podcast is a project of the Libertarian Christian Institute and a part of the Christians For Liberty Network. The Libertarian Christian Institute can be found at www.libertarianchristians.com.Questions, comments, suggestions? Please reach out to me at theprotestantlibertarian@gmail.com.  You can also follow the podcast on Twitter: @prolibertypod, and YouTube, @ProLibertyPod, where you will get shorts and other exclusive video content. For more about the show, you can go to theprotestantlibertarianpodcast.com. If you like the show and want to support it, you can! Go to libertarianchristians.com, where you can donate to LCI and buy The Protestant Libertarian Podcast Merch! Also, please consider giving me a star rating and leaving me a review, it really helps expand the show's profile! Thanks!

If you’ve ever felt that nagging sense that the South Australia you were promised at the ballot box isn’t quite the one being delivered, this episode is for you. Stewart Sweeney arrived in Adelaide in 1975 to work inside the Dunstan government’s industrial democracy unit, and fifty years later he’s applying that same insider’s eye to a premier he believes is running the tobacco industry’s old doubt-sowing playbook against the citizens fighting to save the Park Lands. It’s a long, unhurried conversation – fitting, Steve notes, for an episode built around a Negroni “made to be sipped slowly and savoured.” On that note, before the main event, in the SA Drink Of The Week, Alexis and Tina Cattley – the show’s resident cocktail authorities – put Never Never’s Panettone Negroni through its paces, fresh off its win as World’s Best Contemporary Cocktail at the 2026 World Drink Awards in London. And in the Musical Pilgrimage, Adelaide music legend John Schumann returns with the Vagabond Crew to perform and unpack “Rag-tag Extremist Blues,” the song born directly from Malinauskas’ now-infamous put-down of Park Lands protesters. You can navigate episodes using chapter markers in your podcast app. Not a fan of one segment? You can click next to jump to the next chapter in the show. We’re here to serve! The Adelaide Show Podcast: Awarded Silver for Best Interview Podcast in Australia at the 2021 Australian Podcast Awards and named as Finalist for Best News and Current Affairs Podcast in the 2018 Australian Podcast Awards. And please consider becoming part of our podcast by joining our Inner Circle. It’s an email list. Join it and you might get an email on a Sunday or Monday seeking question ideas, guest ideas and requests for other bits of feedback about YOUR podcast, The Adelaide Show. Email us directly and we’ll add you to the list: podcast@theadelaideshow.com.au If you enjoy the show, please leave us a 5-star review in iTunes or other podcast sites, or buy some great merch from our Red Bubble store – The Adelaide Show Shop. We’d greatly appreciate it. And please talk about us and share our episodes on social media, it really helps build our community. Oh, and here’s our index of all episode in one concisepage. Running Sheet: Rag-Tag Extremists 00:00:00 Intro Introduction 00:04:32 SA Drink Of The Week There SA Drink Of The Week this week is Never Never Panettone Negroni. Steve, self-declared “Negroni newbie,” calls in reinforcements for this one: returning cocktail experts Alexis and Tina Cattley, last on the show refereeing a Crows-versus-Power gin showdown. They start with a reference Negroni built by Alexis from Never Never triple juniper gin, a Ruby Bitter in place of Campari, and a small-batch Rosso vermouth from David Franz, north of Adelaide – a drink Steve describes as landing “like a cloud-like pillow,” with a gentle bitter-orange finish. Tina, a self-described “Negroni naysayer” put off by Campari’s bitterness, finds herself won over by how the flavours linger and play off one another. Then comes the star of the segment: Never Never’s bottled Panettone Negroni, fresh from being crowned World’s Best Contemporary Cocktail at the 2026 World Drink Awards in London, and born behind the bar of the brand’s McLaren Vale distillery door before going nationwide. Built from triple juniper gin, a bitter citrus aperitif, sweet vermouth, aged muscat, orange liqueur, rye distillate and vanilla bean, it lands as something else entirely – “IMAX Christmas cake inside my mouth,” in Steve’s words. Alexis reckons it’s the perfect entry point for Negroni sceptics and a ready-made Christmas gift (buy two bottles, he warns – one won’t survive the wait), while Tina, newly vindicated in her Campari aversion, likens it to a sherry or port with all the spiced-cake flavour of the season, minus the traditional Negroni’s lingering bitterness. 00:18:51 Stewart Sweeney Stewart Sweeney has spent fifty years watching power slip loose from democratic control, and he’s watched a lot of it from the inside. In January 1978 he was working inside the Premier’s department when Don Dunstan sacked his own police commissioner over the Salisbury affair – a decision a Royal Commission later vindicated. Nearly fifty years on, Steve posits that the shoe is now on the other foot: where Dunstan acted because he felt deceived by an official, he contends today’s citizens are the ones being deceived, by a premier “savaging our Parklands for a golf tournament and a motorcycle race.” Sweeney’s own arrival in South Australia is a story in itself. A Glaswegian socialist who’d been coaching tennis in upstate New York and found himself unexpectedly unemployed back in Scotland, he stumbled into a tutoring job at the University of Tasmania, landed – almost by accident – in the middle of the Lake Pedder fight, and was introduced to the Democratic Labor Party within his first week in the country by his next-door neighbour, a young Gerard Henderson. From there it was a short hop to Adelaide and Don Dunstan’s Unit for Industrial Democracy, where Sweeney worked alongside economist Phil Bentley on an initiative to bring worker participation into South Australian workplaces – and where, as a footnote that says a great deal about how political communication has evolved, a young Mike Rann landed his very first Adelaide job doing media for the unit. Steve puts it to Sweeney that this early media training was the first real sign of rot in the system – the moment premiers became unreachable, hiding behind stage-managed doorstops instead of being interviewed. Sweeney doesn’t fully disagree, though he tempers it: whatever else came of it, Rann’s genuine gift was for writing speeches fast and communicating big-picture ideas clearly, “sort of decades before AI.” The conversation’s sharpest edge comes when Steve puts the government’s own numbers to Sweeney: the premier’s claim that only 585 of the Park Lands’ roughly 9,000 trees are affected by the disputed golf and motorsport development, against Park Lands management’s markedly different tally. Sweeney names the mechanism he believes is at work – the doubt strategy pioneered by the tobacco industry against the medical evidence on smoking. You don’t need to win the argument, he explains – you just need to plant enough doubt to keep people from acting on their convictions. Layer social media on top of that old tobacco-industry trick, he argues, and doubt becomes exponentially more powerful. Steve adds a live example of his own: an anti-protester Facebook page mocking demonstrators as “NIMBYs,” liked by the premier and half his ministry, that nobody in Labor will admit to running. None of this is abstract history for Sweeney – he’s a park guardian for Park 11 North, and he brings real texture to what’s actually at stake. He unpacks his argument that Adelaide’s Park Lands and squares are treated as “available” land rather than civic inheritance – fenced off for events for weeks at a time, repeatedly re-turfed and re-fenced in what he calls an annual cycle of “fence, event, repair” – and traces the intellectual lineage of the neoliberal thinking now driving those decisions back to a 1949 gathering in Switzerland convened by Friedrich Hayek. He also charts how a shrinking, disciplined leadership pipeline – what he only half-jokingly calls “Farrellism,” after Senator Don Farrell – has narrowed South Australian Labor’s internal debate at exactly the moment its base is most restless, evidenced by the wave of Adelaide residents telling him online, in effect, “I loved Peter Malinauskas, but now I hate Peter Malinauskas.” Sweeney closes on a note that’s more hopeful than the rest of the conversation might suggest. Reaching for the “world systems” thinking that has shaped his outlook for three decades, he reminds listeners that empires, ideologies and premierships all eventually give way to something else – pointing to the radical London reformers who dreamed up the idea of Adelaide in the first place, and to public servant Wainwright, whose ideas quietly transformed the Playford-era economy, as proof that a handful of good ideas, patiently pursued, can still redirect a small regional economy like ours. Further articles by Stewart Sweeney Manufacturing Doubt: Peter Malinauskas’s Political Weapon Think “outside the fence” Power without power: Is Farrellism Labor’s solution or its problem? Productivity is the symptom. Rentier capitalism is the disease 01:45:23 Musical Pilgrimage In the Musical Pilgrimage this week we listen to Rag-Tag Extremist Blues by John Schumann & The Vagabond Crew. The episode closes with John Schumann and the Vagabond Crew performing “Rag-Tag Extremist Blues” – a song that exists purely because Peter Malinauskas dismissed Park Lands protesters with that exact phrase. Schumann, a good deal more measured these days than in his fiery Redgum years, tells Steve he “grabbed it and expanded on it,” deliberately framing his cast of extremists as ordinary South Australians: a retired teacher, a war veteran, taxpaying citizens who’ve never broken a rule in their lives. He’s candid that his fear is less about the golf course – “that boat’s sailed” – and more about the MotoGP development still to come, and about a public whose attention span, he admits, will inevitably wane long before the next election. Streaming and download proceeds go directly to the Adelaide Park Lands Association, and the band will donate part of every ticket sold for their show at The Gov on 29 August to the same cause. Link to all things John Schumann including links to upcoming shows and musicSupport the show: https://theadelaideshow.com.au/listen-or-download-the-podcast/adelaide-in-crowd/See omnystudio.com/listener for privacy information.

A Flock camera helped police identify the wrong woman. She needed her own cameras to prove the government was wrong. In this Dumb Bleep of the Week, Nate and Chuck examine Flock surveillance cameras, license-plate tracking, police certainty, and the growing infrastructure of the surveillance state. They also react to a city official discussing AI-equipped trash trucks that could scan homes for broken windows, bad roofs, and unpermitted remodeling. Zoran Mamdani invokes Friedrich Hayek while blaming capitalists for New York City's problems. The guys break down rent control, regulation, taxation, socialism, Austrian economics, and why government interference keeps getting mislabeled as free-market failure. Also covered: offensive-speech tickets, Mitch McConnell's hospital stay, congressional age, the 17th Amendment, Scott Jennings' circular Israel argument, Trump's "Freedom Fuel," Black English in California preschools, and US Soccer's equal-prize-money policy. Chapters 00:00 Dumb Bleep of the Week begins 02:00 Mamdani invokes Hayek 12:15 Flock cameras and false certainty 27:15 Ticketed for offensive speech? 29:15 Mitch McConnell and Congress's age problem 34:45 The case against the 17th Amendment 36:45 Israel and circular logic 41:00 "Freedom Fuel" and the gas-price victory lap 47:00 Black English in California preschools 55:00 US Soccer and equal-prize-money economics Links Watch All Episodes: https://www.youtube.com/playlist?list=PLi78svKlBr_8o0dDOX8DxO_Wwxu6WYhhA Watch Host Favorites: https://www.youtube.com/playlist?list=PLi78svKlBr__Zu40RL7mWxCuOOe54zgy2 Join the Fed Haters Club @ https://www.goodmorningliberty.us/fedhatersclub Join GML: https://joingml.com All links @ https://gml.bio.link Subscribe for more Good Morning Liberty. Like the video, tell us which dumb bleep should win, and share it with someone who still thinks more cameras automatically mean more safety. Podcast listeners can help by leaving a rating and review.

La premisa del Fuck you money es que el ahorro compra libertad y que con esa libertad sales al mercado para competir sin miedo. No se trata entonces de adivinar un futuro incierto, sino de darte margen de maniobra para operar en él. Con ahorro compras las opciones. Me gusta por esta razón que el profesor Carlos Rodríguez Braun defienda la necesidad del ahorro en su nuevo libro, definiendo la estrategia junto al inversor José Ramón Iturriaga. Ahora, ahorra es el plan de la hormiga en una sociedad de cigarras.Este es el último episodio de la temporada.Gracias, un año más, por escuchar este podcast.Kapital regresa en otoño con nuevas madrigueras.Kapital es posible gracias a sus colaboradores:⁠Página Internacional⁠. La mejor prensa global, en una revista.En los primeros meses de Página Internacional hemos contado historias desde Tel Aviv, Shanghái y Teherán. Hemos hablado de literatura, de Dios, de natalidad, de vino y de algoritmos. Y hemos publicado a grandes firmas como Fukuyama, Nick Cave o Ezra Klein. En Página queremos entender el contexto geopolítico, económico y cultural global a través de las mejores voces: los artículos esenciales de The Economist, The New York Times, Foreign Affairs, Le Monde o The Atlantic, en español y en una sola revista. Filtro, acceso y selección. Cada día somos más socios y socias haciéndolo posible. Puedes suscribirte con 30€ de descuento usando el código KAPITAL30, vigente hasta el 7 de julio a medianoche. Elige la suscripción anual o la vitalicia —solo quedan 3 para este año—. Nuestra promesa es sencilla: una vida entera de buena lectura y sabiduría a través de la mejor prensa del mundo.Patrocina Kapital. Toda la información en este link.Índice:1:32 El maná no existe en la política.7:56 La tentación del escenario lúgubre.13:26 ¿Votaríamos distinto con un IRPF transparente?16:21 La inflación como un impuesto oculto.21:09 Bastos sobre la hiperinflación alemana.26:55 Invertir con Iturriaga.29:23 Ahorrar para controlar tu vida.33:42 Estirar más el brazo que la manga.42:04 La cigarra y la hormiga.43:37 Un Krugerrand para Teseu.Apuntes:Ahora, ahorra. Carlos Rodríguez Braun & José Ramón Iturriaga.La cultura de la libertad. Carlos Rodríguez Braun.¿Tú también retienes, Bruto? Carlos Rodríguez Braun.Hacienda somos todos, cariño. Carlos Rodríguez Braun & Luis Daniel Ávila & María Blanco.Camino de servidumbre. Friedrich Hayek.La riqueza de las naciones. Adam Smith.La culpa es nuestra. Benito Arruñada.El obelisco negro. Erich Maria Remarque.Breve tratado sobre la reforma monetaria. John Maynard Keynes.

In this Conflicted Conversation, Thomas sweats his way through a personally revealing exchange with Quinn Slobodian, Professor of International History at Boston University and the author of Hayek's Bastards: The Neoliberal Roots of the Populist Right. Quinn explains: Friedrich Hayek's “knowledge problem” and his defence of markets over central planning. Hayek's later theory of cultural evolution, inherited institutions, and the limits of universal market society. The split between “cultural Austrians” at George Mason University and “racial Austrians” around the Mises Institute. Murray Rothbard's move from courting anti-war hippies to building alliances with paleoconservatives and racial nationalists. Hans-Hermann Hoppe, anarcho-capitalism, secession, and racially homogeneous private communities. The Bell Curve, Charles Murray, IQ research, and the politics of scientific claims about race and inequality. The difference between ideas that are empirically false and ideas rejected because they are morally disturbing. The post-Cold War transformation of neoliberal enemies from communism to environmentalism, affirmative action, feminism, and welfare. The divide between neoconservatives and paleoconservatives over US foreign policy, nationalism, and the Iraq War. Whether Hayek's Bastards reveals a major genealogy of the modern Far Right—or exaggerates the influence of a provocative fringe. Visit Quinn's website: www.quinnslobodian.com Find Quinn on Bluesky: https://bsky.app/profile/quinnslobodian.com And on Substack: https://zeithistoriker.substack.com Join the Conflicted Community here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://conflicted.supportingcast.fm/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Find us on X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://x.com/MHconflicted⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ And Facebook: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/MHconflicted⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ And Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/conflictedpod⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Conflicted is a Message Heard production. Executive Producers: Jake Warren & Max Warren. Produced and edited by Thomas Small. Learn more about your ad choices. Visit podcastchoices.com/adchoices

What Is Austrian Economics - And Why Every Serious Bitcoin Holder Eventually Goes Down This Rabbit Hole (Part 2)In 1984 Friedrich Hayek said the only way to get sound money back was to introduce something governments can't stop by some sly roundabout way. Bitcoin's first block was mined 25 years later.Part 2 connects the 150 year old Austrian Economics tradition directly to Bitcoin how Satoshi's design choices map onto ideas that were written before his parents were born, why Bitcoin solves the one thing gold couldn't, and what understanding all of this changes about how serious holders think about the asset they're sitting on.If you haven't listened to Part 1 yet start there first.In this episode:Why Satoshi's design is Austrian Economics in code the Genesis Block headline, the P2P Foundation post, and why the cypherpunks who built Bitcoin had been reading Hayek and Rothbard for decades before the whitepaper was publishedWhy gold lost in 1971 and how Bitcoin fixes the one fatal flaw that allowed governments to capture it including Roosevelt's 1933 gold confiscation and what it means for self custody todayWhat the Austrian concept of time preference actually changes about how you hold Bitcoin not whether to hold it, but the mental framework that makes holding through 70% drops feel completely differentIf this landed hit Follow on Apple Podcasts. Apple's algorithm ranks shows based on follows in the first 48 hours after an episode drops. It's how an independent show competes with shows that have been running for a decade. Three seconds. Costs nothing. Genuinely the most useful thing you can do.If you've got questions and don't really have anyone to talk to about Bitcoin...-- Book a free call: [LINK] -- Follow Myles on Instagram: [LINK] -- Check My Personal Website: [LINK]Most people around you - family, friends, colleagues - don't really get it yet. And the internet is full of hype merchants who just want your attention.Book a free call with Myles. It's a genuine conversation, not a sales pitch. No agenda, no pressure - just a calm 15 minutes to talk through where you are and how to think about this properly.You can a Book a call with Myles here with this link. No Sell. Totally free. Secure your Bitcoin properly I came across MicroSeed because I was looking for a simple way to back up a seed phrase properly. Something small, discreet, and durable without needing loads of extra kit. Most options felt overcomplicated or a bit clunky. This didn't.It's a solid, no-nonsense way to secure your Bitcoin and actually take self-custody seriously.If that's something you've been meaning to sort out, you can check out MicroSeed and use code MYLES for a discount from https://microseed.io/shop/Hit follow, so you never miss the latest in...

This is a part 1 of 2 episode series. I didn't know what Austrian Economics was when I first bought Bitcoin. I barely understood economics at all. But after 12 years of going deeper because of Bitcoin I'm starting to get it. And once you do, you can't unsee it.There are two competing schools of economic thought. One gets taught in every university in the world. The other predicted every major financial crisis of the last century and barely makes it onto the syllabus. This episode is about the second one.In this episode:What Austrian Economics actually is, where it came from, and why the school that predicted 2008, the dot-com crash and the COVID inflation spiral gets almost no airtime in mainstream economics educationSubjective value explained simply why no government, central bank or committee has the information needed to set prices correctly, and what happens every time they tryHard money versus soft money the mechanism that has quietly transferred wealth from wage earners to asset holders for the last 50 years, and why the pound in your pocket has lost 94% of its value in one working lifetimeThis is Part 1 of 2. Part 2 connects everything here directly to Bitcoin including a 1984 Friedrich Hayek quote that sounds like he was describing Bitcoin 25 years before it existed.If you've got questions and don't really have anyone to talk to about Bitcoin...-- Book a free call: [LINK] -- Follow Myles on Instagram: [LINK] -- Check My Personal Website: [LINK]Most people around you - family, friends, colleagues - don't really get it yet. And the internet is full of hype merchants who just want your attention.Book a free call with Myles. It's a genuine conversation, not a sales pitch. No agenda, no pressure - just a calm 15 minutes to talk through where you are and how to think about this properly.You can a Book a call with Myles here with this link. No Sell. Totally free. Secure your Bitcoin properly I came across MicroSeed because I was looking for a simple way to back up a seed phrase properly. Something small, discreet, and durable without needing loads of extra kit. Most options felt overcomplicated or a bit clunky. This didn't.It's a solid, no-nonsense way to secure your Bitcoin and actually take self-custody seriously.If that's something you've been meaning to sort out, you can check out MicroSeed and use code MYLES for a discount from https://microseed.io/shop/Hit follow, so you never miss the latest in...

Hayek's Warning We Ignored: Government Planning Doesn't Fix Economies Watch this video at- https://youtu.be/WxW7JRc414Y?si=KYnuRHH_Fst8VMHU John Stossel  and misesmedia 401,851 views Mar 24, 2026 Politicians say they can “fix” the economy. But economists Friedrich Hayek and Ludwig von Mises pointed out how government “fixes" lead to bigger problems. _ _ _ _ _ _ To make sure you receive weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscrib... _ _ _ _ _ _ Hayek and Mises predicted the fall of the Soviet Union. They warned that centrally planned economies fail. But today, socialism is popular again. New York and Seattle have elected socialist mayors. Many politicians still believe that government can manage the economy—an idea popularized by economist John Maynard Keynes. Keynes was revered. Politicians love his arguments. But Hayek and Mises warned that government intervention leads to inflation, instability, and boom-bust cycles. They were right. Ryan McMaken of the Mises Institute ‪@misesmedia explains why we should read Hayek and Mises today.   Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle! Watch this video at- https://youtu.be/d0nERTFo-Sk?si=ro3Ri4lyv4l8yqir Radical Discourse 8,838,188 views Jan 23, 2010 Subscribe to our channel:    / econstories   If you enjoyed this video, you should watch this one next:    • EconPop - The Economics of RoboCop   Produced by Emergent Order. Visit us at http://www.emergentorder.com. Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts. Explore more at http://EconStories.tv In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there's a "boom and bust" cycle in modern economies and good reason to fear it. DOWNLOAD THE SONG in the highest quality possible here: https://itunes.apple.com/us/album/fea... Plus, to see and hear more from the stars of Fear the Boom and Bust, Billy Scafuri and Adam Lustick, visit their site: http://www.billyandadam.com Music was produced by Jack Bradley at Blackboard3 Music and Sound Design. It was composed and performed by Richard Royston Jacobs.

Two hundred and fifty years after Adam Smith published The Wealth of Nations, the economy looks very different from the world he described.Firms are bigger. Production is more centralized. AI and automation are changing what companies can do at scale. And yet markets still matter, perhaps more than ever, in deciding which firms rise, which fall, and how innovation spreads.In this episode of Central Questions, Stefan Ingves speaks with Yueran Ma, Professor of Finance at the University of Chicago Booth School of Business, about the rise of large corporations, the changing role of capital and labor, and what Adam Smith, Karl Marx, and Friedrich Hayek can still teach us about today's economy.They discuss why the largest firms now account for a growing share of output and assets, why employment has not concentrated in the same way, what AI could mean for productivity and inequality, and why financial markets may be crucial for spreading the gains from capital more broadly.Guest: Yueran Ma, Professor of Finance, University of Chicago Booth School of BusinessHost: Stefan Ingves, former Governor of the Riksbank and Senior Fellow at Swedish House of FinanceTopics: Adam Smith, Wealth of Nations, Yueran Ma, Stefan Ingves, Central Questions, Swedish House of Finance, large firms, corporations, AI, automation, capital deepening, productivity, corporate finance, economic growth, financial markets, capitalism, Karl Marx, Hayek, visible hand, invisible hand, firm concentration, monetary policy, innovation, Chicago Booth

Die Frage, wo Wissen und Expertise in einer Gesellschaft liegen und wie wir mit der daraus entspringenden Komplexität umgehen können ist einer der wesentlichen Themen meines neuen Buches Hexenmeister oder Zauberlehrling? Die Wissensgesellschaft in der Krise. Lesen Sie dort mehr über die tieferliegenden Prinzipien und Folgen. Auch die Tatsache, dass es hier wiederkehrende Phänomene gibt, derer man sich bewusst sein sollte. Nun kommt eine neue Dimension dieses Themas auf uns zu — Software. Und das ist das konkrete Thema der heutigen Episode. Achtung: nicht abschalten, nur weil Sie kein Softwareentwickler sind: dieses Thema und damit die Episode ist von sehr prinzipieller Bedeutung. Software ist das Nervensystem unserer Gesellschaft. Sie bestimmt in immer größerem Maße, wie unsere Welt funktioniert, oder fallweise auch nicht funktioniert, sie eröffnet neue Möglichkeiten aber auch erhebliche Risiken. Die Frage, wie Software mit unserer Welt interagiert, ist daher kein Expertenproblem (alleine), sondern eines, das alle Menschen beschäftigen sollte. Die aktuellen Entwicklungen der künstlichen Intelligenz scheinen Software auf systemischer Ebene sehr grundlegend zu verändern. Auf eine Weise, die folglich allen Menschen in einer modernen Gesellschaft bewusst sein sollte. Diese Episode soll wieder zum Nachdenken und Widerspruch anregen — schreiben Sie mir Ihre Ideen! Andere Episoden Episode 150: Wie kommt Neues in die Welt? Episode 148: Künstliche Vernunft? Ein Gespräch mit Jan Juhani Steinmann Episode 147: Digitale Kolonie oder Souveränität? Ein Gespräch mit Wilfried Jäger und Kevin Mallinger Episode 139: Komfortable Disruption Episode 135: Friedrich Hayek und die Beschränktheit der menschlichen Vernunft. Ein Gespräch mit Nickolas Emrich Episode 134: Das Werdende, das ewig wirkt und lebt? Transzendent oder Transient Episode 132: Fragen an die künstliche Intelligenz — eine konstruktive Irritation Episode 129: Rules, A Conversation with Prof. Lorraine Daston Episode 123: Die Natur kennt feine Grade, Ein Gespräch mit Prof. Frank Zachos Episode 122: Komplexitätsillusion oder Heuristik, ein Gespräch mit Gerd Gigerenzer Episode 121: Künstliche Unintelligenz Episode 109: Was ist Komplexität? Ein Gespräch mit Dr. Marco Wehr Episode 104: Aus Quantität wird Qualität Episode 69: Complexity in Software Episode 40: Software Nachhaltigkeit, ein Gespräch mit Philipp Reisinger Episode 31: Software in der modernen Gesellschaft – Gespräch mit Tom Konrad

Politicians say they can “fix” the economy.But economists Friedrich Hayek and Ludwig von Mises pointed out how government “fixes" lead to bigger problems.Hayek and Mises predicted the fall of the Soviet Union. They warned that centrally planned economies fail.But today, socialism is popular again. New York and Seattle have elected socialist mayors.Many politicians still believe that government can manage the economy—an idea popularized by economist John Maynard Keynes.Keynes was revered. Politicians love his arguments.But Hayek and Mises warned that government intervention leads to inflation, instability, and boom-bust cycles.They were right.In this podcast, Ryan McMaken of the Mises Institute explains why we should read Hayek and Mises today.

El supermercado ya sabe cuánto puedes pagar. Y va a cobrártelo. En 1874, John Wanamaker inventó el precio fijo: una etiqueta visible, igual para todos. Ese pacto sostuvo 150 años de economía de consumo moderna. Hoy se está demoliendo en silencio en los supermercados de medio mundo. Walmart ya tiene 2.300 tiendas equipadas con etiquetas electrónicas en Estados Unidos. Morrisons va a instalar 10,8 millones de pantallas en sus 497 supermercados del Reino Unido. Carrefour digitalizará todos sus hipermercados de Francia antes de 2030, con cámaras de inteligencia artificial vigilando los lineales y raíles Bluetooth geolocalizando productos —y carritos, y teléfonos móviles— dentro de la tienda. La narrativa oficial habla de eficiencia. La realidad es otra: precios dinámicos personalizados (dynamic pricing), retail media y un sistema donde el algoritmo lleva años leyendo tu historial de compras para fijarte un precio distinto al del cliente que está a tu lado en el mismo pasillo. Walmart Connect facturó 3.400 millones de dólares en 2023 vendiendo publicidad basada en datos de comportamiento de compra. Amazon Advertising ya genera más de 50.000 millones al año. El supermercado ya no gana dinero vendiéndote comida. Gana dinero vendiéndote a ti. En este vídeo recorremos cómo se está desmontando el precio fijo que Wanamaker construyó hace siglo y medio, qué tiene que ver Friedrich Hayek con todo esto, por qué Shoshana Zuboff lleva años avisando sobre el capitalismo de vigilancia, y por qué la discriminación algorítmica de precios golpea más fuerte a quien tiene menos opciones, no a quien tiene más dinero. Un análisis sobre asimetría de información, datos personales, privacidad digital y el fin silencioso del pacto comercial moderno. Learn more about your ad choices. Visit megaphone.fm/adchoices

"...The leadership of individuals or groups who can back their beliefs financially is particularly essential in the field of cultural amenities, in the fine arts, in education and research, in the preservation of natural beauty and historic treasures, and, above all, in the propagation of new ideas in politics, morals, and religion."This week, I'm reflecting on this quote by Friedrich Hayek from The Constitution of Liberty, published in 1960.Reflection question:As you plan for your small town capital campaign, how are you reaching out to potential donors, not to ask, but to persuade them to become a partner in the vision?Reflection on Quote:Today is our second in the series on having patience in the planning process of a capital campaign.  Last time, we looked at the role of strategic planning and envisioning the future.  This week, we will look at the relationship building and persuading partners. In my rural community, a local nonprofit was building a beautiful arts and culture building and, in the middle of the campaign, the building costs spiked, adding millions to the cost.  I can only imagine the initial despair.  But, that despair only lasted for a moment.  This nonprofit went back to their lead donor, explained what had happened, and the donor then filled the gap.  Why was the donor so ready to fill the gap?  Twenty years.  That is how long the nonprofit had been weekly reaching out to this donor to build a relationship, persuading this partner to join the vision of the nonprofit and the future of arts and culture in my community. By being patient in the planning, the nonprofit persuaded this partner to become a devoted idealist willing to change the community with their wealth.  While planning for capital campaigns may not last 20 years, it is essential to bring potential donors into the planning process long before any ask will occur.What do you think? Send me a text. To explore small town capital campaign coaching deeper and to schedule an free explore coaching call, visit ServingNonprofits.com.Music credit: Woeisuhmebop

New Discourses Bullets, Ep. 158 How does society work? That seems like an important question for people who live in societies and are thus tasked, whether they like it or not, with keeping the thing going. The answer is pretty surprising, actually, and it all boils down to how we incentivize people to work in ways that benefit other people even when they don't know or care about those other people. Drawing off Friedrich Hayek's arguments about the "extended society," in this episode of New Discourses Bullets, host James Lindsay endeavors to explain what actually makes societies work and why centrally planned and totalitarian systems do a poor job of running them. You won't want to miss this one. Latest from New Discourses Press! The Queering of the American Child: https://queeringbook.com/ Support New Discourses: https://newdiscourses.com/support Follow New Discourses on other platforms: https://newdiscourses.com/subscribe Follow James Lindsay: https://linktr.ee/conceptualjames © 2026 New Discourses. All rights reserved. #NewDiscourses #JamesLindsay #Society

Die interessantesten Themen sind ja wohl diejenigen, bei denen man seine Meinung ändert oder zumindest ins Grübeln gerät. Religion beziehungsweise parareligiöse Phänomene interessieren mich seit langer Zeit. Früher hauptsächlich im Sinne der philosophisch oder ontologisch fundamentalen Fragen; also: existiert Gott, wie wäre Gott überhaupt zu denken, falls er existiert, Fragen von Schöpfung, Design, Evolution und dergleichen. Es gibt aber eine zweite Dimension, die ich ebenso mit Jan Juhani zum Teil angesprochen habe, die Frage der operationalen Rolle von Religion. Es scheint recht unumstritten zu sein, dass der Erfolg von Gesellschaften über historische Zeiträume deutlich von Religion abhängig war oder zumindest davon profitiert hat. Faktoren sind dabei: sozialer Zusammenhalt, Strukturbildung und Tradition, das heißt Weitergabe lebenswichtiger Ideen, gesellschaftliche Resilienz, aber auch, und sehr wichtig. Aber auch, und ganz wichtig, Transzendenz — im Tun, nicht nur im Glauben — also z.B. Aktivitäten, die weit über das eigene Leben reichen, von Kunst und Kultur bis zu Technik, Politik oder Bautätigkeit. Anders ausgedrückt: für viele, aber wohl nicht alle Menschen, ist ein religiöses Schema in das ihr Leben eingebettet ist, von großer praktischer Bedeutung (auch wenn sie sich rational dessen nicht bewusst sind). Ich habe, denke ich, in der Vergangenheit diesen zweiten Aspekt unterschätzt. Das ist, vermutlich einer der Gründe, warum wir gerade im Westen so einen defaitistischen Niedergang erleben. Es gibt eine viel zu großen Zahl an Menschen, die sich für progressiv und rational halten, alles ablehnen, was vermeintlich nach Tradition riecht. Sie glauben schlau genug zu sein, ad hoc die Probleme der Welt lösen zu können aber wenn diese Ideen dann aber auf die Realität treffen, fallen sie häufig in sich zusammen wie ein Kartenhaus. Daraus folgen zwei Fragen: warum ist es nicht gelungen, Ideen hart zu reflektieren und einem Wettbewerb auszusetzen, denn alle sind ja jetzt vermeintlich so rational und nicht mehr gläubig und zweitens, das ist damit verbunden: Wie kam es allerdings dazu, dass gerade diese Selbst-Überschätzer in der Lage waren, zur Eliten zu werden, und die Geschicke Europas (und teilweise der USA) so negativ zu beeinflussen? In dieser Folge diskutiere ich parareligiöse Phänomene, die wir über lange Zeit in säkularen Gesellschaften erleben. Wie sollen wir damit umgehen? Zitate aus dieser Episode: »Der Faszination des Neuen folgt in der Regel die Gewöhnung, die so weit geht, dass wir das Technische gar nicht mehr als das Technische wahrnehmen.« , Klaus Kornwachs ... »One's initial surprise at finding that intelligent people tend to be socialists diminishes when one realises that, of course, intelligent people will tend to overvalue intelligence, and to suppose that we must owe all the advantages and opportunities that our civilisation offers to deliberate design rather than to following traditional rules, and likewise to suppose that we can, by exercising our reason, eliminate any remaining undesired features by still more intelligent reflection, and still more appropriate design and 'rational coordination' of our undertakings.«, Friedrich Hayek ... »Die Beflissenheit, mit der sich dann die deutschen Gelehrten und Wissenschaftler fast ausnahmslos den neuen Machthabern zur Verfügung stellten, ist eins der erschütterndsten und beschämendsten Schauspiele in der ganzen Geschichte des Aufstiegs des Nationalsozialismus.«, Friedrich Hayek Referenzen Andere Episoden Episode 148: Künstliche Vernunft? Ein Gespräch mit Jan Juhani Steinmann Episode 145: Reflexion und Rekonstruktion! Episode 144: Was ist Fortschritt? Ein Gespräch mit Dr. Daniel Stelter aus ökonomischer Perspektive Episode 141: Passagier oder Steuermann? Ein Gespräch mit Markus Raunig Episode 138: Im Windschatten der Narrative, ein Gespräch mit Ralf M. Ruthardt Episode 135: Friedrich Hayek und die Beschränktheit der menschlichen Vernunft. Ein Gespräch mit Nickolas Emrich Episode 133: Desinformiere Dich! Ein Gespräch mit Jakob Schirrmacher Episode 131: Wot Se Fack, Deutschland? Ein Gespräch mit Vince Ebert Episode 126: Schwarz gekleidet im dunklen Kohlekeller. Ein Gespräch mit Axel Bojanowski Episode 120: All In: Energie, Wohlstand und die Zukunft der Welt: Ein Gespräch mit Prof. Franz Josef Radermacher Episode 118: Science and Decision Making under Uncertainty, A Conversation with Prof. John Ioannidis Episode 117: Der humpelnde Staat, ein Gespräch mit Prof. Christoph Kletzer Episode 116: Science and Politics, A Conversation with Prof. Jessica Weinkle Episode 109: Was ist Komplexität? Ein Gespräch mit Dr. Marco Wehr Episode 107: How to Organise Complex Societies? A Conversation with Johan Norberg Episode 106: Wissenschaft als Ersatzreligion? Ein Gespräch mit  Manfred Glauninger Episode 98: Ist Gott tot? Ein philosophisches Gespräch mit Jan Juhani Steinmann Fachliche Referenzen Klaus Kornwachs, Philosophie der Technik (C.H.Beck Wissen) (2013) The Culturist Tweet Sheehan Quirke, How did the world get so ugly? Paul Ehrlich, The Population Bomb (1968) Vaclav Smil, How the World Really Works, Penguin (2022) Friedrich von Hayek, The Road to Serfdom, Routledge (1944) Friedrich Hayek, The Fatal Conceit: The Errors of Socialsm (1988) Émile Cammaerts in The Laughing Prophet: The Seven Virtues and G. K. Chesterton Andrew Gilligan, Why is this Green candidate sharing an anti-semitic post? The Spectator (2026) Hat die Linkspartei ein Antisemitismus-Problem? RBB (2025) The Black Book of Communism: Crimes, Terror, Repression, Harvard University Press, 1999

Hinsegin bókmenntir, langborðsumræður, fræðadagskrá og fjölbreyttur hópur alþjóðlegra höfunda, er það sem gestir bókmenntahátíðarinnar Queer Situations geta átt von á í næstu viku. 14.-17. maí fer hátíðin fram í annað sinn, og þær Eva Rún Snorradóttir og Halla Þórlaug Óskarsdóttir, skipuleggjendur, eru gestir Lestarinnar í dag. Kolbeinn Rastrick rýnir í tvær nýjar bíómyndir, Apex í leikstjórn Baltasars Kormáks, sem skartar Charlize Theron í aðalhlutverki, og Michael, nýja myndin um poppstjörnuna Michael Jackson. Einar Már Jónsson, sagnfræðingur, flytur pistil um byltingu frjálshyggjunar og hvernig hugmyndir Antonio Gramsci höfðu þau áhrif að Ayn Rand, Milton Friedman og Friedrich Hayek, voru gerð að spámönnum þeirrar hugmyndafræði.

Der deutsche Faschismus zwang einen Großteil deutscher & europäischer Künstler:innen & Intellektueller zur Flucht und ins Exil, Zehntausende suchten Zuflucht in Großbritannien.
Viele dieser Exilant:innen waren ‚Doppeltgeflüchtete‘, oft hatten sie mindestens zwei Länder verlassen, bevor sie nach GB kamen. Es sind Biografien, die auch der „Geschichte von Revolutionen und Konterrevolutionen“ geschuldet sind: Die ungarischer Juden& Jüdinnen bspw., die nach der Zerschlagung der Sowjetrepublik 1919 aufgrund antisemtischer Progrome das Land verlassen hatten und nach Berlin oder nach Wien gegangen waren oder Biografien wie die von John Heartfield, der von Berlin über Prag und Paris nach London auswanderte.
Hatherley argumentiert, dass diese Emigrantengeneration, obwohl ihr in Großbritannien misstraut, sie missachtet und oft verleumdnet und nach Kriegsbeginn auf der Isle of Man als „Enemy Aliens“ interniert wurde, letztendlich einen entscheidenden, transformativen Einfluss auf die britische Kultur hatte.
(Denn) die Reaktion auf den Ersten Weltkrieg war in Großbritannien "eine Welle von Nostalgie, Fremdenfeindlichkeit und Abschottung" gewesen, es war "eines der kulturell dürftigsten Jahrzehnte in der Geschichte Großbritanniens – ein krasser Gegensatz zu den Entwicklungen auf dem Kontinent, insbesondere in Mitteleuropa."
Der Schriftsteller Arthur Koestler beschrieb das 'menschliche' Klima Englands als angenehm und beruhigend, als „a kind of Davos for internally bruised veterans of the totalitarian age“.
Diese Exilant:innen, von denen die meisten Juden und Jüdinnen und viele Kommunist:innen und Sozialist:innen waren, hinterliessen bleibende, wenn auch nicht unbedingt offensichtliche, Spuren in der britischen visuellen Kultur.
Sie modernisierten, trotz aller Ablehnung und vieler Widerstände, den ästhetischen Konservatismus des ‚piefigen' Großbrittanniens der Zwischenkriegszeit.
Hatherley beleuchtet Fotografie, Malerei, Architektur, Buchgestaltung und Verlagswesen. Dabei vermeidet er dennoch, in die Trope des 'good immigrants' zu verfallen, es geht ihm vielmehr um Ambivalenzen. Viele kulturelle Phänomene, die als durch und durch britisch gelten, von der Reihe ,Britain in Pictures" der 1940er-Jahre - produziert von einem Team überwiegend weiblicher Emigrant:innen - über James-Bond-Filmsets und das Pinguinbecken im Londoner Zoo sind Emigrant:innen zu verdanken. Ich spreche mit Owen u.a. über die Hintergründe der Entstehungsgeschichte seines tollen Buchs und seine Motivation, es zu schreiben. Über die Rezeption moderner Kunst in den Zwischenkriegsjahren in Großbritannien. Über die Architekten Naum Gabo, Erno Goldfinger und Berthold Lubetkin. Über die britische antifaschistische Antwort auf die Hetzkampagne in Form der Münchener Ausstellung Entartete Kunst' von 1937. Über Kurt Schwitters im Internierungslager und im Lake District. Über die eher konservativen Exilant:innen, wie Nikolaus Pevsner oder Friedrich Hayek. Unabhängig von ihrer jeweiligen politischen Ausrichtung glaubten sie alle an ,öffentliche Kultur und öffentlichen Luxus", stellt Owen Hatherley fest. My gratitude to Chris Povey to lending his voice to the poems of Kurt Schwitters. In der nächsten Folge: u.a.: Typografie & Buchdesign, Ruth Glass, Naum Gabo, Ernst Feibusch https://owenhatherley.co.uk/ https://www.penguin.co.uk/books/311898/the-alienation-effect-by-hatherley-owen/9780141989778

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  What does Humpty Dumpty teach us about economics? More than you think. Drawing on insights from John Stossel, Friedrich Hayek, and Ludwig von Mises, this episode explains why government intervention often creates crises—like the Great Recession—and why no central authority can “put the economy back together again.” From housing bubbles to failed socialist policies, discover why free markets—not politicians—drive real recovery.

Yousaf Nishat-Botero on the Ecologies of Planning and Metabolic Municipalism. Shownotes Yousaf Nishat-Botero Dr. Yousaf Nishat-Botero at the University of Birmingham:  https://research.birmingham.ac.uk/en/persons/yousaf-nishat-botero/ Nishat-Botero, Y. (2023). Planning's ecologies: Democratic planning in the age of planetary crises. Organization. Special Issue: Public Value, 1-23. https://journals.sagepub.com/doi/10.1177/13505084231186749 Nishat-Botero, Y. & Thompson, M. (2025). Planning in Nature's Metropolis: Metabolic Municipalism and Ecological Planning in Barcelona. Environment and Planning D. https://journals.sagepub.com/doi/abs/10.1177/02637758251364061 Nishat-Botero, Y. & Thompson, M. The land question and postcapitalist countrysides: towards a town-country synthesis. In Postcapitalist Countrysides (N. Gallent, M.Gkartzios, M. Scott, A. Purves (Eds.). UCL Press. https://www.researchgate.net/publication/379514594_The_land_question_and_postcapitalist_countrysides_towards_a_town-country_synthesis on ‘metabolism' in Liebig and Marx: Clark, B. & Foster, J. B. (2018). The Robbery of Nature: Capitalism and the Metabolic Rift. Monthly Review 70(3). https://monthlyreview.org/articles/the-robbery-of-nature/ Marx, K. ([1867] 2004). Capital: Volume I. Penguin U https://www.penguin.co.uk/books/35192/capital-by-karl-marx-intro-ernest-mandel-trans-ben-fowkes/9780140445688 Sorg, C. (2023). Failing to Plan is Planning to Fail: Toward an Expanded Notion of Democratically Planned Postcapitalism. Critical Sociology 49(3), 475-493. https://journals.sagepub.com/doi/full/10.1177/08969205221081058 Salleh, A. (2010). From Metabolic Rift to “Metabolic Value”: Reflections on Environmental Sociology and the Alternative Globalization Movement. Organization & Environment 23(2), 205-219. https://www.jstor.org/stable/27068655 on ‘capitalism as socioecological totality': Fraser, N. (2022). Cannibal Capitalism: How our System is Devouring Democracy, Care, and the Planet – and what we can do about it. Verso. https://www.versobooks.com/products/2685-cannibal-capitalism Moore, J. (2015). Capitalism in the Web of Life: Ecology and the Accumulation of Capital. Verso. https://www.versobooks.com/products/74-capitalism-in-the-web-of-life Planning for Entropy. (2022). Democratic Economic Planning, Social Metabolism and the Environment. Science and Society Journal. Vol 82, Nr 2. New York: Guilford Publications https://guilfordjournals.com/doi/10.1521/siso.2022.86.2.291 Latour, B. & Weibel, P. (2020). Critical Zones. The Science and Politics of Landing on Earth. MIT Press. https://mitpress.mit.edu/9780262044455/critical-zones/ on the Oskar-Lange-Model: https://en.wikipedia.org/wiki/Lange_model Barca, S. (2021) Forces of Reproduction: Notes for a Counter-hegemonic Anthropocene. Elements in Environmental Humanities. Cambridge University Press. https://www.cambridge.org/core/books/forces-of-reproduction/BE9B0DBDC89593F3284FE3F51D3B0418 on Donna Harraway's ‘response-ability': Harraway, D. (2016). Staying with the Trouble. Making Kin in the Chthulucene. Duke University Press. https://www.dukeupress.edu/staying-with-the-trouble Braudel, F. (1979 [1992]). Civilization and Capitalism, 15th-18th Century, Vol I-III. University of California Press. https://www.ucpress.edu/books/civilization-and-capitalism-15th-18th-century-vol-i/paper Nunes, R. (2021). Neither Vertical nor Horizontal: A Theory of Political Organization. Verso. https://www.versobooks.com/products/772-neither-vertical-nor-horizontal?srsltid=AfmBOoqNKlXZJs9HrqEBU4BlAF7hbaxEzAOWD1oQCV6M_Kwtg5n9xOcO on Otto Neurath's political economy: https://plato.stanford.edu/entries/neurath/political-economy.html on the quote by Otto Neurath: Otto Neurath in O'Neill, J. (2003) ‘Socialism, Associations and the Market', Economy and Society 32(2): 184–206 https://www.researchgate.net/publication/249006144_Socialism_associations_and_the_market on Friedrich Hayek's argument against centralized planning: Hayek, F. A. (1945). The Use of Knowledge in Society. The American Economic Review 35(4), 519-530. https://www.econlib.org/library/Essays/hykKnw.html https://www.ebsco.com/research-starters/history/hayek-opposes-centralized-economic-planning Morozov, E. (2019). Digital Socialism? New Left Review 116/117. https://newleftreview.org/issues/ii116/articles/evgeny-morozov-digital-socialism Rochowicz, N. (2025). Planning progress: Incorporating innovation and structural change into models of economic planning. Competition & Change, 29(1), 64-82. https://journals.sagepub.com/doi/full/10.1177/10245294231220690? Jameson, F. (1991). Postmodernism, or The Cultural Logic of Late Capitalism. Duke University Press. https://web.education.wisc.edu/halverson/wp-content/uploads/sites/33/2012/12/jameson.pdf Toscano, A. & Kinkle, J. (2015). Cartographies of the Absolute. Zero Books. https://www.collectiveinkbooks.com/zer0-books/our-books/cartographies-of-the-absolute Anderson, P. (1961). Sweden: Mr. Crosland's Dreamland. New Left Review 1/7. https://newleftreview.org/issues/i7/articles/perry-anderson-sweden-mr-crosland-s-dreamland-part-1 Mandel, E. (1986). In Defence of Socialist Planning. New Left Review 1/159. https://newleftreview.org/issues/i159/articles/ernest-mandel-in-defence-of-socialist-planning Thompson, M., & Nishat-Botero, Y. (2025). Postcapitalist Planning and Urban Revolution. Competition & Change, 29(1), 101-120. https://journals.sagepub.com/doi/10.1177/10245294231210980 Durand, C., Hofferberth, E. & Schmelzer, M. (2023). Planning beyond growth. The case for economic democracy within limits. Political Economy Working Papers. University of Geneva.  https://archive-ouverte.unige.ch/unige:166429 on Barcelona En Comú: https://barcelonaencomu.cat/ on Grupo AGBAR and the anti-privatisation movement:   https://en.wikipedia.org/wiki/Grupo_Agbar https://ejatlas.org/conflict/remunicipalisation-and-anti-privatization-movement-in-barcelona1 on the Socialist party of Catalonia:  https://www.socialistes.cat/ on the airport expansion in Barcelona: https://ejatlas.org/conflict/prat-airport-expansion-catalonia-spain on the paper by Union Populaire:  https://programme.lafranceinsoumise.fr/livrets/planification-ecologique/ on the quote from Mike Davis: Davis, M. (1990). City of Quartz. Excavating the Future in Los Angeles. Verso.  https://www.versobooks.com/products/1320-city-of-quartz?srsltid=AfmBOor1VtvQMJu_87qS8EDz0EcwP9KABUrajgH5LX2pdFNXWVC5Su6B Future Histories Folgen S03E59 | Cédric Durand on Ecological Planning  https://www.futurehistories.today/episoden-blog/s03/e59-cedric-durand-on-ecological-planning/ S03E50 Aaron Benanav - Beyond Capitalism II https://www.futurehistories.today/episoden-blog/s03/e51-aaron-benanav-beyond-capitalism-ii/ S03E49 Aaron Benanav - Beyond Capitalism I https://www.futurehistories.today/episoden-blog/s03/e50-aaron-benanav-beyond-capitalism-i/ S03E21 | Christoph Sorg zu Finanzwirtschaft als Planung https://www.futurehistories.today/episoden-blog/s03/e21-christoph-sorg-zu-finanzwirtschaft-als-planung/ S03E03 | Planning for Entropy on Sociometabolic Planning https://www.futurehistories.today/episoden-blog/s03/e03-planning-for-entropy-on-sociometabolic-planning/ S02E44 | Evgeny Morozov on Discovery Beyond Competition  https://www.futurehistories.today/episoden-blog/s02/e44-evgeny-morozov-on-discovery-beyond-competition/ — If you are interested in democratic economic planning, these resources might be of help: Democratic planning – an information website: https://www.democratic-planning.com/ Sorg, C. & Groos, J. (eds.)(2025). Rethinking Economic Planning. Competition & Change Special Issue Volume 29 Issue 1. https://journals.sagepub.com/toc/ccha/29/1 Groos, J. & Sorg, C. (2025). Creative Construction - Democratic Planning in the 21st Century and Beyond. Bristol University Press. [for a review copy, please contact: amber.lanfranchi[at]bristol.ac.uk] https://bristoluniversitypress.co.uk/creative-construction International Network for Democratic Economic Planning https://www.indep.network/ Democratic Planning Research Platform: https://www.planningresearch.net/ — Future Histories Contact & Support If you like Future Histories, please consider supporting us on Patreon: https://www.patreon.com/join/FutureHistories Contact: office@futurehistories.today Instagram: https://www.instagram.com/futurehpodcast/ Mastodon: https://mstdn.social/@FutureHistories English webpage: https://futurehistories-international.com   Episode Keywords #YousafNishat-Botero, #JanGroos, #Interview, #UniversityofBirmingham, #FutureHistoriesInternational, #FutureHistories, #DemocraticPlanning, #Planning, #EconomicPlanning, #Ecology, #Socialization, #Organization, #Capitalism, #Socialism, #Municipalism, #Metabolism, #PlanetaryCrisis, #Nature, #Barcelona  

Every Bitcoin transaction needs to be verified on the blockchain. There is no central authority that does this, but Bitcoin's blockchain has run uninterrupted since 2009 and now carries a market capitalisation of $1.3 trillion, roughly 4% of US GDP. Its original promise was more radical: that we do not need a trusted intermediary to spend money, write contracts, or create finance. In the fifth LTI report, published today, Yackolley Amoussou-Guenou, Bruno Biais, and Sara Tucci-Piergiovanni ask how much of that promise has held. Bruno talks to Tim Phillips about blockchain's potential, its flaws, and its future.  It is a Nash equilibrium: if you believe others will follow the rules, it is in your interest to follow them too. On that foundation Bitcoin's ledger has been running continuously for 16 years. Smart contracts, pioneered by Vitalik Buterin's Ethereum, extend the logic to financial agreements. Decentralised finance promised to cut out rent-seeking intermediaries. Cryptocurrencies can step in where banks are broken or currencies have collapsed; in Lebanon, when bank accounts were frozen and payments stopped, businesses switched to crypto and kept operating. But the technology's libertarian origins may need to be sacrificed: As Bruno says, without transparency there is no trust, and transparency in this market may require regulation.The research behind this episode:Amoussou-Guenou, Yackolley, Bruno Biais, and Sara Tucci-Piergiovanni. 2026. "Can Blockchain Decentralize Money, Contracts, and Finance?" LTI Report 5. CEPR and Long-Term Investors@UniTo. Freely available to download at cepr.org. To cite this episode:Phillips, Tim, and Bruno Biais. 2025. "Can Blockchain Decentralize Money, Contracts, and Finance?" VoxTalks Economics (podcast). Assign this as extra listening. The citation above is formatted and ready for a reading list or VLE.About the guestBruno Biais is Professor of Finance at HEC Paris and a Research Fellow at the Centre for Economic Policy Research (CEPR). His research spanning financial market microstructure, corporate finance, and the economics of blockchain has made him one of the leading economists working at the intersection of finance and decentralised technology. He has studied blockchain and cryptocurrency markets since their early years, and his theoretical models of consensus mechanisms and cryptocurrency valuation have shaped how economists understand the conditions under which decentralised systems can and cannot sustain themselves.Research cited in this episodeThe blockchain is a distributed ledger maintained by a network of nodes, each holding an identical copy of the record of ownership. When a transaction is submitted, all nodes verify it against the existing ledger and update their copies to reach consensus on the new state. No central authority manages this process; its stability rests entirely on the incentive structure built into the protocol.Nash equilibrium is a concept from game theory, named for the mathematician John Nash, describing a situation in which each participant's strategy is the best response to the strategies of all others; no individual has an incentive to deviate unilaterally. Biais and co-authors identify the Bitcoin protocol as a Nash equilibrium: if you believe others will follow the rules, it is in your own interest to follow them too. That self-reinforcing alignment of incentives, rather than goodwill or central enforcement, is why the blockchain has remained valid since 2009.Smart contracts are lines of code deposited on a blockchain that execute automatically when specified conditions are met: if X, then Y. Vitalik Buterin introduced them through the Ethereum platform, which offers a richer programming language than Bitcoin and allows users to hold collateral on-chain to guarantee the contract will pay out. Smart contracts underpin automated market makers, decentralised lending, and a wide range of financial applications that require no counterparty or intermediary to enforce the agreement.Oracles are third-party services that transmit data about real-world events to a blockchain, allowing smart contracts to respond to things that happen off-chain. A contract that pays out when a house burns, for example, requires an oracle to report that event to the network. Oracles introduce a point of fragility: the authenticity and accuracy of off-chain information must be established before the network accepts it, and that verification is more vulnerable to error and manipulation than the on-chain consensus mechanism itself.Front-running and miner extractable value (MEV) describe the practice by which technically sophisticated actors exploit the public visibility of pending transactions to extract profits at the expense of ordinary users. Because transactions on public blockchains are broadcast to all nodes before they are confirmed, an actor who sees a large pending purchase can execute the same trade first, drive the price up, and then sell at a profit once the original transaction goes through. The cost falls on the smaller trader. Biais notes that the barriers to entry and economies of scale in this activity have concentrated power in the hands of a small, technically skilled group, recreating the kind of intermediary rents that decentralised finance was designed to eliminate.Automated market makers are smart contracts that provide continuous liquidity for trading between two assets by holding reserves of both in a pool and setting prices according to the ratio of the reserves. A large purchase of one asset depletes that side of the pool and raises its price; a large sale depresses it. Automated market makers have become a central mechanism of decentralised finance, replacing the order-book systems used in traditional exchanges.Stablecoins are cryptocurrency tokens designed to maintain a fixed value relative to a conventional currency, typically the US dollar. They are issued by private entities that hold reserves intended to back the peg. Tether, the largest stablecoin by market capitalisation, holds its reserves in a mix of Treasury bills, Bitcoin, and precious metals; in 2021, the US Commodity Futures Trading Commission fined Tether for misrepresenting those reserves and required it to disclose their composition, making this information publicly available for the first time. Dai is an algorithmically managed stablecoin that maintains its peg through over-collateralisation in cryptocurrency rather than conventional reserves.The Diamond-Dybvig model is a theoretical framework developed by Douglas Diamond and Philip Dybvig explaining why financial intermediaries that hold illiquid assets while issuing liquid claims are inherently vulnerable to runs. When enough depositors demand withdrawal simultaneously, the institution is forced to sell assets at a loss, making further withdrawals impossible and confirming the fears that triggered the run. Biais applies this logic to stablecoins: if enough holders attempt to redeem simultaneously, the issuer must sell its reserves in volume, driving down their price and potentially breaking the peg.Central bank digital currencies (CBDCs) are digital tokens issued and managed by central banks, distinct from both commercial bank deposits and private stablecoins. Biais distinguishes two potential use cases: retail CBDCs, which would allow individuals to hold central bank money directly, and wholesale CBDCs, which would facilitate settlement between large financial institutions. He regards the wholesale application as the more promising; a wholesale CBDC could enable fast, low-cost atomic settlement of cross-currency transactions between banks under central bank oversight, a significant improvement on current interbank settlement systems.MiCA (Markets in Crypto-Assets Regulation) is the European Union's regulatory framework for crypto-asset service providers, which came fully into force in December 2024. It requires licensing for issuers and service providers operating within the EU and imposes disclosure, reserve, and conduct requirements intended to align the sector more closely with the standards applied in traditional financial markets.Hayek's currency competition refers to the argument by Friedrich Hayek that competition between privately issued currencies would discipline monetary policy: users would switch away from currencies managed irresponsibly, and that threat would encourage better central bank behaviour. Biais applies this argument to cryptocurrencies and stablecoins in countries where the domestic currency has been mismanaged. He cites Nigeria, where sharp depreciation of the naira was accompanied by rising crypto adoption; over the following period, Nigeria's central bank raised interest rates and created a more transparent foreign exchange market. Biais suggests, tentatively, that the competitive pressure from crypto alternatives may have contributed to that improvement.More VoxTalks EconomicsDo stablecoins threaten financial stability? Stablecoins are digital tokens, pegged to a fiat currency. What could possibly go wrong? For one type of stablecoin the answer is: plenty, according to Richard Portes. In coin we trust Crypto investors make a lot of noise, but who are they, and do they behave differently to other retail investors?Do cryptocurrencies matter? Can cryptocurrencies be useful? Not just for crypto bro speculators, but as a shield against the depreciation of the official currency if a government is determined to pursue inflationary policies.

A key precondition for democracy is civic trust and commitment to common goods; polarization and party identity undermine this, worsened by modern communication technologies that enable separate realities. Josiah Ober is a professor of Political Science and Classics at Stanford University and also the author and co-author of several books about Athens, Civics, and Ancient Democracy. His latest title is The Civic Bargain: How Democracy Survives.  Greg asks Josiah about his work linking ancient Athens to modern democracy and organizational design. Josiah argues that political science necessarily blends positive and normative theory, joining rational self-interest with ethical reasoning to secure both stability and the good. He also compares firms and states as purposeful organizations governed by rules, incentives, and norms, noting that democracies struggle to scale but can outperform hierarchies by aggregating dispersed knowledge if institutions align incentives and citizens share information. Josiah emphasizes civics as teachable skills—listening, bargaining, and positive-sum compromise. He makes an appeal for renewed civics education informed by history and classical thinkers, including a rehabilitated view of the sophists and strategic reasoning. *unSILOed Podcast is produced by University FM.* Episode Quotes: Why democracies know more than hierarchies 14:58: The democratic system, intrinsically, knows more than a highly hierarchical boss centered system, simply because those who see themselves as citizens have reason to share what they know. Those who are subjects have reasons to not share what they know. Therefore, it is possible for a democracy for reasons that, you know, Friedrich Hayek talked about in terms of why markets work, because all of that information comes together in, you know, producing a price, it is possible for well-structured democracies to bring in a great deal of information. From a great deal of people who have very different experiences, know different things, to solve the problems that they need to solve. Does democracy only work when the design is right? 15:45: You have to have the right kind of organization, not only of, sort of voting and so on, but of incentives for people to bring what they know to the right place at the right time, not to the wrong place at the wrong time. And that is hard to do. You get it right and you get this tremendous success. You get it wrong and it does not work very well.  Politics should work like buying a car 32:22: When we go into the political regime space nowadays, it's that, well, compromise is bad now. We gave up, they won. The imagination now of politics is something like a football game in which there's a winner and a loser, and the winners cheer and the losers cry. But that's not what politics is. It is much more like buying a used car. Show Links: Recommended Resources: Aristotle Robinson Crusoe Friedrich Hayek Athenian Democracy Stanford Civics Initiative Logos Techne Sophist Protagoras Thomas Hobbes Alexander Hamilton Guest Profile: Faculty Profile at Stanford University Hoover Institution Profile Guest Work: Amazon Author Page The Civic Bargain: How Democracy Survives The Greeks and the Rational: The Discovery of Practical Reason The Threshold of Democracy: Athens in 403 BCE The Athenian Revolution: Essays on Ancient Greek Democracy and Political Theory Athenian Legacies: Essays on the Politics of Going On Together Political Dissent in Democratic Athens: Intellectual Critics of Popular Rule Democracy and Knowledge: Innovation and Learning in Classical Athens Mass and Elite in Democratic Athens: Rhetoric, Ideology, and the Power of the People Origins of Democracy in Ancient Greece A Company of Citizens: What the World's First Democracy Teaches Leaders About Creating Great Organizations Google Scholar Page Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

O Brasil vive um "curto-circuito" de memória e identidade, e as instituições religiosas não estão imunes a esse fenômeno. Neste episódio crucial do Módulo 3 da série "A ORDEM", mergulhamos em um diagnóstico sóbrio e urgente da estrutura da Igreja. Utilizamos ferramentas de análise metapolítica e econômica — de Adam Smith a John Maynard Keynes e Friedrich Hayek — para entender como uma organização, criada para ser um organismo vivo, pode acabar se tornando uma máquina estéril de manutenção. Neste episódio, discutimos: 1. O Mecanismo vs. O Organismo: Quando a estabilidade administrativa substitui a vitalidade da missão. 2. A "Mente Capturada" na Igreja: Como as 11 feridas da cultura brasileira afetam a percepção da nossa identidade profética . 3. Keynes vs. Hayek na Eclesiologia: O perigo do planejamento centralizado e a necessidade de recuperar a "ordem espontânea" da Igreja Primitiva. 4. O Custo Humano: Como a rotatividade pastoral e o clericalismo ferem o pastoreio encarnacional. 5. Reforma, não Revolução: Uma proposta de transição estratégica baseada em novas métricas de discipulado e na descentralização responsável. Este episódio é uma defesa da organização adventista em sua essência mais pura. Entendemos que a estrutura é um instrumento dado por Deus, e é justamente por zelar por ela que propomos uma 'reforma de recalibração'. O foco não é a revolução, mas o retorno aos princípios de movimento e sacerdócio universal que marcaram nossos pioneiros. É uma proposta para que a instituição seja a plataforma de lançamento de uma geração verdadeiramente profética. Tese do Prof. Dr. Marcelo Dias - https://digitalcommons.andrews.edu/cgi/viewcontent.cgi?article=2865&context=dissertations Links Instagram http://instagram.com/alexpalmeira7 Podcast Catalisadores http://open.spotify.com/show/6zJyD0vW8MnyRKPYZtk3B5?si=065e95b72bca4b13 X http://x.com/alexpalmeira9 Facebook http://facebook.com/profile.php?id=100069360678042

In Ausgabe 125 des Science Busters Podcasts sprechen Kabarettist Martin Puntigam und Barbara Blaha, Autorin, Germanistin & Leiterin des Momentum Instituts, unter anderem darüber, was ein Think-Tank ist, warum man einen gründet, wieso die Herrschaftsverhältnisse soviel Berücksichtigung erfahren, wann Spitzensteuersätze bis 90% normal waren, was wir Milton Friedman und Friedrich Hayek zu verdanken haben, weshalb man sich die Gründung der Mont Pelerin Society besser schenken hätte können, wie man Hegemonie baut, wie man sie finanziert, warum das Reader's Digest Mitschuld ist an solchen wie Donald Trump und Peter Thiel, wieso die Klimawandelleugner-Lobby älter ist als die meisten Menschen, deren Zukunft sie zerstören hilft, wie neoliberale Think Tanks mitgeholfen haben, Korruption salonfähig zu machen, was manche Redaktionen unter gutem Fernsehen verstehen, ob man es schaffen kann die Welt gerecht zu machen, was Entscheidungsvorbereiter machen , wie man aus theoretischem Wissen praktisches Handeln macht, dass Affirmation nicht immer nur eine Zierleiste sein muss, warum man als Ideologe für neutral gehalten werden möchte, wie man ein Institut benennt, warum die Ausländer das sogenannte verloren haben, wie hoch politisches Kapital sein sollte , damit es schützen kann, wieso wir lieber helfen, wenn es auch uns gut tut, ob das Integrationsbarometer v.a..den Druck von Würschtldruckern misst, warum Rechtsextreme nicht wollen, dass es den Kindern einmal besser geht, was scheinbare Kontrolle wert ist, warum marktliberale Menschen sich so gern mit geschlechterneutraler Sprache beschäftigen, was Pornojäger und Rechte gemeinsam haben & worauf Margret Thatcher stolz war.

In Seven Crashes: The Economic Crises That Shaped Globalization (Yale UP, 2023), distinguished economic historian Harold James offers a fresh perspective on the past two centuries of globalization and the pivotal moments that shaped it. James analyzes seven major economic crises that occurred over this period, including the late 1840s, the simultaneous stock market shocks of 1873, the First World War years, the Great Depression era, the 1970s, the Global Financial Crisis of 2007-2008, and most recently the Covid-19 crisis. Through his insightful analysis, he illustrates how some of these crises contributed to increased cross-border integration of labor, goods, and capital markets, while others resulted in significant deglobalization. James classifies the crises into two categories: those caused by shortages and those driven by demand. He explains how shortages have led to greater globalization as markets expanded and producers innovated to increase supply, as evidenced by events such as the First World War and the oil shocks of the 1970s. In contrast, demand-driven crises, such as those that caused the Great Depression and the Global Financial Crisis of 2007-2008, have typically led to international trade contraction and decreased globalization, often accompanied by widespread skepticism of governments. To support his findings, James examines the writings of key observers who shaped our understanding of each crisis, including Karl Marx in 1848, Stanley Jevons, Léon Walras, and Carl Menger in the 1870s, German Treasury Secretary Karl Helfferich in the First World War, John Maynard Keynes in the Great Depression, Milton Friedman and Friedrich Hayek in the 1970s, Ben Bernanke in 2008, and Larry Summers and Raj Chetty in 2020. Overall, James' work provides an insightful and thought-provoking analysis of the relationship between economic crises and globalization over the past two centuries, and sheds light on the potential trajectory of future economic developments. Javier Mejia is an economist at Stanford University who specializes in the intersection of social networks and economic history. His research interests also include entrepreneurship and political economy, with a particular focus on Latin America and the Middle East. He holds a Ph.D. in Economics from Los Andes University. Mejia has previously been a Postdoctoral Associate and Lecturer at New York University-Abu Dhabi and a Visiting Scholar at the University of Bordeaux. He is also a frequent contributor to various news outlets, currently serving as an op-ed columnist for Forbes Magazine. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

In Seven Crashes: The Economic Crises That Shaped Globalization (Yale UP, 2023), distinguished economic historian Harold James offers a fresh perspective on the past two centuries of globalization and the pivotal moments that shaped it. James analyzes seven major economic crises that occurred over this period, including the late 1840s, the simultaneous stock market shocks of 1873, the First World War years, the Great Depression era, the 1970s, the Global Financial Crisis of 2007-2008, and most recently the Covid-19 crisis. Through his insightful analysis, he illustrates how some of these crises contributed to increased cross-border integration of labor, goods, and capital markets, while others resulted in significant deglobalization. James classifies the crises into two categories: those caused by shortages and those driven by demand. He explains how shortages have led to greater globalization as markets expanded and producers innovated to increase supply, as evidenced by events such as the First World War and the oil shocks of the 1970s. In contrast, demand-driven crises, such as those that caused the Great Depression and the Global Financial Crisis of 2007-2008, have typically led to international trade contraction and decreased globalization, often accompanied by widespread skepticism of governments. To support his findings, James examines the writings of key observers who shaped our understanding of each crisis, including Karl Marx in 1848, Stanley Jevons, Léon Walras, and Carl Menger in the 1870s, German Treasury Secretary Karl Helfferich in the First World War, John Maynard Keynes in the Great Depression, Milton Friedman and Friedrich Hayek in the 1970s, Ben Bernanke in 2008, and Larry Summers and Raj Chetty in 2020. Overall, James' work provides an insightful and thought-provoking analysis of the relationship between economic crises and globalization over the past two centuries, and sheds light on the potential trajectory of future economic developments. Javier Mejia is an economist at Stanford University who specializes in the intersection of social networks and economic history. His research interests also include entrepreneurship and political economy, with a particular focus on Latin America and the Middle East. He holds a Ph.D. in Economics from Los Andes University. Mejia has previously been a Postdoctoral Associate and Lecturer at New York University-Abu Dhabi and a Visiting Scholar at the University of Bordeaux. He is also a frequent contributor to various news outlets, currently serving as an op-ed columnist for Forbes Magazine. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

In Seven Crashes: The Economic Crises That Shaped Globalization (Yale UP, 2023), distinguished economic historian Harold James offers a fresh perspective on the past two centuries of globalization and the pivotal moments that shaped it. James analyzes seven major economic crises that occurred over this period, including the late 1840s, the simultaneous stock market shocks of 1873, the First World War years, the Great Depression era, the 1970s, the Global Financial Crisis of 2007-2008, and most recently the Covid-19 crisis. Through his insightful analysis, he illustrates how some of these crises contributed to increased cross-border integration of labor, goods, and capital markets, while others resulted in significant deglobalization. James classifies the crises into two categories: those caused by shortages and those driven by demand. He explains how shortages have led to greater globalization as markets expanded and producers innovated to increase supply, as evidenced by events such as the First World War and the oil shocks of the 1970s. In contrast, demand-driven crises, such as those that caused the Great Depression and the Global Financial Crisis of 2007-2008, have typically led to international trade contraction and decreased globalization, often accompanied by widespread skepticism of governments. To support his findings, James examines the writings of key observers who shaped our understanding of each crisis, including Karl Marx in 1848, Stanley Jevons, Léon Walras, and Carl Menger in the 1870s, German Treasury Secretary Karl Helfferich in the First World War, John Maynard Keynes in the Great Depression, Milton Friedman and Friedrich Hayek in the 1970s, Ben Bernanke in 2008, and Larry Summers and Raj Chetty in 2020. Overall, James' work provides an insightful and thought-provoking analysis of the relationship between economic crises and globalization over the past two centuries, and sheds light on the potential trajectory of future economic developments. Javier Mejia is an economist at Stanford University who specializes in the intersection of social networks and economic history. His research interests also include entrepreneurship and political economy, with a particular focus on Latin America and the Middle East. He holds a Ph.D. in Economics from Los Andes University. Mejia has previously been a Postdoctoral Associate and Lecturer at New York University-Abu Dhabi and a Visiting Scholar at the University of Bordeaux. He is also a frequent contributor to various news outlets, currently serving as an op-ed columnist for Forbes Magazine. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In Seven Crashes: The Economic Crises That Shaped Globalization (Yale UP, 2023), distinguished economic historian Harold James offers a fresh perspective on the past two centuries of globalization and the pivotal moments that shaped it. James analyzes seven major economic crises that occurred over this period, including the late 1840s, the simultaneous stock market shocks of 1873, the First World War years, the Great Depression era, the 1970s, the Global Financial Crisis of 2007-2008, and most recently the Covid-19 crisis. Through his insightful analysis, he illustrates how some of these crises contributed to increased cross-border integration of labor, goods, and capital markets, while others resulted in significant deglobalization. James classifies the crises into two categories: those caused by shortages and those driven by demand. He explains how shortages have led to greater globalization as markets expanded and producers innovated to increase supply, as evidenced by events such as the First World War and the oil shocks of the 1970s. In contrast, demand-driven crises, such as those that caused the Great Depression and the Global Financial Crisis of 2007-2008, have typically led to international trade contraction and decreased globalization, often accompanied by widespread skepticism of governments. To support his findings, James examines the writings of key observers who shaped our understanding of each crisis, including Karl Marx in 1848, Stanley Jevons, Léon Walras, and Carl Menger in the 1870s, German Treasury Secretary Karl Helfferich in the First World War, John Maynard Keynes in the Great Depression, Milton Friedman and Friedrich Hayek in the 1970s, Ben Bernanke in 2008, and Larry Summers and Raj Chetty in 2020. Overall, James' work provides an insightful and thought-provoking analysis of the relationship between economic crises and globalization over the past two centuries, and sheds light on the potential trajectory of future economic developments. Javier Mejia is an economist at Stanford University who specializes in the intersection of social networks and economic history. His research interests also include entrepreneurship and political economy, with a particular focus on Latin America and the Middle East. He holds a Ph.D. in Economics from Los Andes University. Mejia has previously been a Postdoctoral Associate and Lecturer at New York University-Abu Dhabi and a Visiting Scholar at the University of Bordeaux. He is also a frequent contributor to various news outlets, currently serving as an op-ed columnist for Forbes Magazine. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance

Kim Stanley Robinson discusses Real Utopian Futures. Find the feed of English episodes only here: https://www.futurehistories-international.com/ You can also import the RSS feed to your favorite app: https://www.futurehistories-international.com/feed.xml   Shownotes The reference page on Kim Stanley Robinson, his works, interviews, talks, etc. (including a discussion forum): https://www.kimstanleyrobinson.info/ Robinson, K. S. (2020). The Ministry for the Future. Orbit Books. https://www.orbit-books.co.uk/titles/kim-stanley-robinson/the-ministry-for-the-future/9780356508863/ Robinson, K. S. (2017). New York 2140. Orbit Books. https://www.orbit-books.co.uk/titles/kim-stanley-robinson/new-york-2140/9780356508788/ Robinson, K. S. (1988). The Gold Coast. Macmillan. https://us.macmillan.com/books/9780312890377/thegoldcoast/ Blumenfeld, J. (2024). Managing Decline. Cured Quail, Vol. 3. https://curedquail.com/Managing-Decline Blumenfeld, J. (2022). Climate Barbarism. Adapting to a wrong World. Constellations, 30, 162–178. https://onlinelibrary.wiley.com/doi/10.1111/1467-8675.12596 the quoted Kohei Saito video: https://youtube.com/shorts/WnvhD7p651M?si=SdfPftKOCJM6MS9j the lecture in which Kim Stanley Robinson talks about “futurecide” and “preemptive capitulation”: https://youtu.be/HpzXkpx29S4?si=PVlOE53Hj5-BZR5B reporting on and summary of the talk: https://www.ioes.ucla.edu/article/the-war-on-science-is-here-kim-stanley-robinson-says-its-just-the-beginning/ Löwy, M. (2005). What is Ecosocialism? Capitalism Nature Socialism, 16(2), 15–24. https://www.tandfonline.com/doi/abs/10.1080/10455750500108237 for an overview of the history and different schools of Ecomarxist/Ecosocialist theory: https://www.historicalmaterialism.org/ecology-marxism-andreas-malm/ on Anna Kornbluh: http://www.annakornbluh.com/ on Mass Extinction Events: https://www.nhm.ac.uk/discover/what-is-mass-extinction-and-are-we-facing-a-sixth-one.html Dressler, A. (2025). You have 100 ‘Energy Slaves'. The Climate Brink. https://www.theclimatebrink.com/p/you-have-100-energy-slaves on the 30 by 30 Biodiversity Goal: https://www.cop28.com/en/thought-leadership/The-30x30-Biodiversity-Goal-at-COP28 the International Maritime Organization: https://www.imo.org/ on the ‘Half-Earth Project': https://eowilsonfoundation.org/what-is-the-half-earth-project/ Wilson, E. O. (2016). Half-Earth. Our Planet's Fight for Life. Norton Books. https://wwnorton.com/books/9781631492525 Pendergrass, D. & Vettese, T. (2022). Half-Earth Socialism. A Plan to Save the Future from Extinction, Climate Change and Pandemics. Verso. https://www.versobooks.com/products/2650-half-earth-socialism one of the many interviews/talks in which Kim Stanley Robinson talks about science fiction as the realism of our times: https://youtu.be/p1wNhc46xjE?si=hOdKuwRQhef-9tLs on the Turing Test: https://en.wikipedia.org/wiki/Turing_test on Neoliberalism attaching itself to demands of the New Left: Boltanski, L. & Chiapello, E. (2018). The New Spirit of Capitalism. Verso. https://www.versobooks.com/products/1980-the-new-spirit-of-capitalism on Friedrich Hayek: https://en.wikipedia.org/wiki/Friedrich_Hayek Williams, R. (2015). Structures of Feeling. In: D. Sharma & F. Tygstrup (Ed.), Structures of Feeling. Affectivity and the Study of Culture (pp. 20-26). https://www.degruyterbrill.com/document/doi/10.1515/9783110365481.20/html on Keynesianism: https://en.wikipedia.org/wiki/Keynesian_economics Vogl, J. (2017). The Ascendancy of Finance. Polity Press. https://www.politybooks.com/bookdetail?book_slug=the-ascendancy-of-finance--9781509509294 Graeber, D. (2011). Debt. The First 5,000 Years. Melville House. https://files.libcom.org/files/__Debt__The_First_5_000_Years.pdf on Thomas Piketty: https://en.wikipedia.org/wiki/Thomas_Piketty on Gabriel Zucman: https://en.wikipedia.org/wiki/Gabriel_Zucman on the ‘Zucman tax': https://www.lemonde.fr/en/les-decodeurs/article/2025/09/23/zucman-tax-what-the-proposed-wealth-tax-would-mean-for-france_6745653_8.html on Carbon Taxes: https://en.wikipedia.org/wiki/Carbon_tax Sorg, C. (2023). Finance as a Form of Economic Planning. Competition & Change, 29(1), 17-37. https://journals.sagepub.com/doi/10.1177/10245294231217578 Sarkar, S. (2024). The Carbon Coin. An Eco-Speculative Approach to Decarbonisation in Kim Stanley Robinson's The Ministry for the Future. Green Letters, 28(4), 297–310. https://www.tandfonline.com/doi/full/10.1080/14688417.2025.2483998 A policy proposal on ‘Carbon Reward' from the same researcher whose earlier policy work inspired the ‘Carbon Coin' idea in The Ministry for the Future: https://deltonchen.substack.com/p/new-economic-blueprint-for-resolving see also: https://globalcarbonreward.org/newsletters/carbon-coin/ on Quantitative Easing: https://en.wikipedia.org/wiki/Quantitative_easing on Carbon Drawdown: https://en.wikipedia.org/wiki/Carbon_sequestration on Nicolas Stern: https://en.wikipedia.org/wiki/Nicholas_Stern,_Baron_Stern_of_Brentford on the Democratic Socialists of America: https://www.dsausa.org/ the Network for Greening the Financial System: https://www.ngfs.net/en on COP30 in Belém: https://unfccc.int/cop30 Solnit, R. (2022). Orwell's Roses. Penguin. https://www.penguinrandomhouse.com/books/607057/orwells-roses-by-rebecca-solnit/ Future Histories Episodes on Related Topics S3E47 | Jason W. Moore on Socialism in the Web of Life https://www.futurehistories.today/episoden-blog/s03/e47-jason-w-moore-on-socialism-in-the-web-of-life/ S03E44 | Anna Kornbluh on Climate Counteraesthetics https://www.futurehistories.today/episoden-blog/s03/e44-anna-kornbluh-on-climate-counteraesthetics/ S03E32 | Jacob Blumenfeld on Climate Barbarism and Managing Decline https://www.futurehistories.today/episoden-blog/s03/e32-jacob-blumenfeld-on-climate-barbarism-and-managing-decline/ S03E30 | Matt Huber & Kohei Saito on Growth, Progress and Left Imaginaries https://www.futurehistories.today/episoden-blog/s03/e30-matt-huber-kohei-saito-on-growth-progress-and-left-imaginaries/ S03E23 | Andreas Malm on Overshooting into Climate Breakdown https://www.futurehistories.today/episoden-blog/s03/e23-andreas-malm-on-overshooting-into-climate-breakdown/ S02E18 | Drew Pendergrass and Troy Vettese on Half Earth Socialism https://www.futurehistories.today/episoden-blog/s02/e18-drew-pendergrass-and-troy-vettese-on-half-earth-socialism/ --- If you are interested in democratic economic planning, these resources might be of help: Democratic planning – an information website https://www.democratic-planning.com/ Sorg, C. & Groos, J. (eds.)(2025). Rethinking Economic Planning. Competition & Change Special Issue Volume 29 Issue 1. https://journals.sagepub.com/toc/ccha/29/1 Groos, J. & Sorg, C. (2025). Creative Construction - Democratic Planning in the 21st Century and Beyond. Bristol University Press. [for a review copy, please contact: amber.lanfranchi[at]bristol.ac.uk] https://bristoluniversitypress.co.uk/creative-construction International Network for Democratic Economic Planning https://www.indep.network/ Democratic Planning Research Platform: https://www.planningresearch.net/ --- Future Histories Contact & Support If you like Future Histories, please consider supporting us on Patreon: https://www.patreon.com/join/FutureHistories Contact: office@futurehistories.today Twitter: https://twitter.com/FutureHpodcast Instagram: https://www.instagram.com/futurehpodcast/ Mastodon: https://mstdn.social/@FutureHistories English webpage: https://futurehistories-international.com   Episode Keywords #KimStanleyRobinson, #JanGroos, #Interview, #FutureHistories, #FutureHistoriesInternational, #futurehistoriesinternational, #Utopia, #RealUtopias, #DemocraticPlanning, #Keynes, #Dystopia, #DemocraticEconomicPlanning, #Capitalism, #EcoSocialism, #Socialism, #GreenCapitalism, #Narratives, #ClimateCounterAesthetics, #Transition, #SocioEcologicalTransition, #SocialDemocracy, #ScienceFiction

Vivemos num tempo de paradoxos. A linguagem da liberdade, tão presente nos discursos modernos, frequentemente serve de disfarce para sistemas crescentemente controladores, tanto no campo político quanto no eclesiástico. É nesse cenário que o pensamento de Friedrich Hayek (1899–1992) emerge com força profética, não por apontar uma teologia explícita, mas por diagnosticar com precisão os perigos que rondam qualquer estrutura que confunde eficiência com verdade, e controle com missão. A Igreja Adventista do Sétimo Dia, como movimento escatológico e profético, está chamada a refletir: até que ponto a centralização administrativa, o excesso de regulação e a lógica tecnocrática ameaçam a liberdade necessária à atuação do Espírito e ao florescimento do chamado apostólico?

There's a word that's gained a lot of popularity in the last year: “ensh*ttification”. It refers to a trajectory many see with digital platforms: they initially offer immense value to users, only to systematically degrade that quality over time in order to extract maximum surplus for shareholders. We invited the coiner of this term, science fiction author and activist Cory Doctorow, on the podcast to discuss whether he thinks this decline is an inevitable feature of digital markets or a consequence of specific policy failures. And, most importantly, how he thinks it could be reversed.For Doctorow, "ensh*ttification" is not simply a result of "revealed preferences", where users tolerate worse service because they value the platform, but rather the outcome of a regulatory environment that has permitted the creation of high switching costs and the elimination of competitors. Doctorow also argues that historically, interoperability acted as an engine of dynamism, allowing new entrants to lower the barriers to entry. But current IP frameworks, such as anti-circumvention laws, have been "weaponized" to prevent this, effectively allowing firms to enforce cartels and engage in rent-seeking behavior.Finally, Doctorow offers a critical assessment of the current AI boom, arguing that the sector is creating "reverse centaurs", where human labor is conscripted to correct algorithmic errors, and warns of a potential asset bubble driven by inflated revenue attribution. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

El sistema electoral transmite las preferencias de los ciudadanos. La tesis de Benito Arruñada, en La culpa es nuestra, es que los problemas del país no son tanto por culpa de unas élites extractivas, que sin duda existen, sino por las preferencias y la cultura de los ciudadanos. «Es habitual que se atribuyan los problemas sociales, desde la corrupción al desempleo o al derroche del presupuesto público, a los políticos y las élites. Muchos problemas sociales derivan menos de la incompetencia o el egoísmo de unos pocos que de la interacción entre preferencias ciudadanas y decisiones políticas».Kapital es posible gracias a sus colaboradores:Crescenta⁠⁠. Invierte como imaginas.⁠⁠En Crescenta son especialistas en la inversión en capital privado. EQT, Cinven, Clearlake… coinvierte con los inversores institucionales más experimentados en fondos de las gestoras más reconocidas. Crescenta selecciona menos del 3% de los fondos de Private Equity que analiza, construyendo así un portfolio concentrado, diseñado para ofrecer diversificación con una única inversión. Desde 10.000 euros hasta millones, con una propuesta adaptada a todos los inversores. Private Equity Growth, Buyouts, secundarios, activos reales. Construye tu cartera con Crescenta.* Rentabilidades pasadas no implican rentabilidades futuras. Consulta riesgos y condiciones.⁠Thenomba⁠. La escuela que te hará encontrar tu propósito.Thenomba es la escuela que nunca tuviste. Un viaje de 12 etapas para entender quién eres, cómo pensar, qué da sentido y cómo transformar el mundo. Cada día, en solo 20 minutos, te acompañan algunos de los mejores pensadores y creadores del ámbito hispano: de Prada, Higinio Marín, Izanami, Miguel Anxo Bastos, Recuenco y muchos más. En un formato revolucionario con videoclases, eventos, lecturas y comunidad, Thenomba cultiva la dimensión más olvidada de nuestra época: la cultural y espiritual. Una propuesta para quienes quieren dejar de ejecutar y empezar a crear. Descubre donde la IA jamás podrá llegar en thenomba.com.Si quieres formar parte de la primera promoción, utiliza el código KAPITAL para llevarte un 10% de descuento. Empiezan las clases el próximo lunes 8 de diciembre.Patrocina Kapital. Toda la información en este link.Índice:0:32 El AVE desde las perspectivas de Coase y Hayek.5:53 Cobrar el salario bruto es más educador.24:42 Autonomía sin responsabilidad.38:11 Nadie vendrá a rescatarnos.46:38 Estado de amiguetes, no capitalismo de amiguetes.1:02:09 Es injusto tasar gananciales en un contexto de inflación.1:17:44 Precios escondidos de la educación.1:21:44 Falsa protección de la parte débil.1:27:10 Inversión en capital humano.1:36:31 La mítica casa ochentera de Alcaraz.1:38:33 Los silencios están permitidos en este podcast.Apuntes:La culpa es nuestra. Benito Arruñada.El uso del conocimiento en la sociedad. Friedrich Hayek.La pretensión del conocimiento. Friedrich Hayek.El problema del coste social. Ronald Coase.Fiesta. Ernest Hemingway.Juan Belmonte, matador de toros. Manuel Chaves Nogales.

Stijn Schmitz welcomes Dr. Mark Thornton to the show. Dr. Mark Thornton is Economist and Senior Fellow at the Mises Institute. The discussion centers on the current state of precious metals, monetary policy, and economic systems, with a particular focus on gold and silver’s role in the global financial landscape. Thornton argues that gold is fundamentally money, and governments have only recently forced their way into replacing commodity money with fiat currency. He suggests that the current precious metals market is still in its early stages, with central bank buying and distrust in the US dollar driving significant interest. The gold and silver markets are experiencing growing pains, with increasing investor attention and potential for further price appreciation. The conversation delves into the fundamental differences between Austrian and Keynesian economics. Thornton criticizes Keynesian economics as a state-controlled ideology that promotes government spending and manipulates interest rates, whereas Austrian economics advocates for market-driven monetary systems and private property rights. He highlights how central bank policies create economic bubbles and exacerbate wealth inequality by favoring asset-rich individuals. Thornton sees potential for a significant monetary transformation, potentially triggered by the current precious metals bull market. He believes the collision between Western and Eastern financial markets, coupled with the rise of cryptocurrencies, could lead to a fundamental restructuring of monetary systems. The possibility of a return to a gold standard or a gold-backed settlement currency is discussed as a potential future scenario. The economist also warns about potential economic bubbles in artificial intelligence and private equity, arguing that the Federal Reserve’s monetary policies have created unsustainable conditions across various sectors. He believes that while central banks have been able to temporarily extend economic cycles, their power is not infinite, and a significant market correction is inevitable. Thornton concludes by emphasizing the importance of understanding Austrian economic principles and encourages listeners to explore the works of economists like Friedrich Hayek to gain deeper insights into monetary systems and economic dynamics. Timestamps: 00:00:00 – Introduction 00:01:19 – Gold as Money 00:04:21 – Central Bank Distrust 00:05:52 – Bull Run Early Stages 00:09:35 – Historical Parallels 1980s 00:14:15 – Return to Gold Standard 00:18:16 – Bond Markets Unraveling 00:24:07 – Austrian vs Keynesian Economics 00:31:19 – Flexible Inflation Targeting 00:33:53 – Silver Monetary Role 00:45:46 – AI Private Equity Bubbles 00:51:11 – Future Recession Outlook 00:55:41 – Concluding Thoughts Guest Links: Website: https://mises.org X: https://x.com/DrMarkThornton E-Mail: mailto:mthornton@mises.org YouTube: https://www.youtube.com/results?search_query=mark+thornton+minor+issues Book-Hayek: https://mises.org/library/book/hayek-21st-century-essays-political-economy Dr. Mark Thornton is a Senior Fellow at the Mises Institute and formerly held the Peterson-Luddy Chair in Austrian Economics. He hosts the podcasts Minor Issues and Unanimity and is Book Review Editor of the Quarterly Journal of Austrian Economics. His books include The Economics of Prohibition, Tariffs, Blockades, and Inflation, The Bastiat Collection, and The Skyscraper Curse. He has served on multiple editorial boards, taught economics at several universities, and worked as Assistant Superintendent of Banking and adviser to Alabama Governor Fob James. He holds degrees from St. Bonaventure University and Auburn University and has debated the “War on Drugs” at the Oxford Union. Dr. Thornton has been featured in major outlets such as The Economist, Forbes, New York Times, Wall Street Journal, and USA Today, along with numerous international and regional newspapers. His commentary appears regularly on the Mises Institute's platforms and on programs such as Boom-Bust, the Tom Woods Show, and the Scott Horton Show.

In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/intellectual-history

In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies

In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/european-studies

In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Why is it okay to take the little shampoo bottles in hotels home with you but not the towels? And what stops people from taking the towels? Listen as political scientist Anthony Gill discusses the enforcement of property rights with EconTalk's Russ Roberts. Backing up their observations with insights from Adam Smith, Friedrich Hayek, and our everyday lives, they argue that the unenforced norms surrounding trust, propriety, and moral sentiments play a central role in building a flourishing society.

“The origin was really trying to make sense of that 2016-2017 moment and to ask whether the alt-right was, as we were being told, a return to the 1930s, a kind of awakening of the sleeping beast of white supremacy armed in the streets in the United States. There are many explanations, but I decided to take this kind of curious route in with the distorted readings and reinterpretations of the works of people like Ludwig von Mises and Friedrich Hayek. As a scholar of comparative literature, I wanted to write a revision based on Crack-Up Capitalism.”In this episode of the Speaking Out of Place podcast, Professor David Palumbo-Liu talks with Quinn Slobodian about his new book, Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. He takes a deep dive into the genesis of a weird and powerful merging of two seemingly different groups the Far Right and neoliberals. Slobodian writes, “as repellent as their politics may be these radical thinkers are not barbarians the gates of neoliberalism but the bastard offspring of that line of thought itself.” They talk about how this meshing is driven by a primitive desire to ward off egalitarianism, difference, democracy, and government that services the common good. The wide-ranging talk ends with addressing DOGE, Trump's tariffs, and yes, the Jeffrey Epstein case.Quinn Slobodian is a professor of international history at the Frederick S. Pardee School of Global Studies at Boston University. His books, which have been translated into ten languages, include Globalists: The End of Empire and the Birth of Neoliberalism, Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy, and Hayek's Bastards: Race, Gold, IQ and the Capitalism of the Far Right . A Guggenheim Fellow for 2025-6, he has been an associate fellow at Chatham House and held residential fellowships at Harvard University and Free University Berlin. Project Syndicate put him on a list of 30 Forward Thinkers and Prospect UK named him one of the World's 25 Top Thinkers.https://speakingoutofplace.comBluesky @palumboliu.bsky.socialInstagram @speaking_out_of_place

“The origin was really trying to make sense of that 2016-2017 moment and to ask whether the alt-right was, as we were being told, a return to the 1930s, a kind of awakening of the sleeping beast of white supremacy armed in the streets in the United States. There are many explanations, but I decided to take this kind of curious route in with the distorted readings and reinterpretations of the works of people like Ludwig von Mises and Friedrich Hayek. As a scholar of comparative literature, I wanted to write a revision based on Crack-Up Capitalism.”In this episode of the Speaking Out of Place podcast, Professor David Palumbo-Liu talks with Quinn Slobodian about his new book, Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. He takes a deep dive into the genesis of a weird and powerful merging of two seemingly different groups the Far Right and neoliberals. Slobodian writes, “as repellent as their politics may be these radical thinkers are not barbarians the gates of neoliberalism but the bastard offspring of that line of thought itself.” They talk about how this meshing is driven by a primitive desire to ward off egalitarianism, difference, democracy, and government that services the common good. The wide-ranging talk ends with addressing DOGE, Trump's tariffs, and yes, the Jeffrey Epstein case.Quinn Slobodian is a professor of international history at the Frederick S. Pardee School of Global Studies at Boston University. His books, which have been translated into ten languages, include Globalists: The End of Empire and the Birth of Neoliberalism, Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy, and Hayek's Bastards: Race, Gold, IQ and the Capitalism of the Far Right . A Guggenheim Fellow for 2025-6, he has been an associate fellow at Chatham House and held residential fellowships at Harvard University and Free University Berlin. Project Syndicate put him on a list of 30 Forward Thinkers and Prospect UK named him one of the World's 25 Top Thinkers.https://speakingoutofplace.comBluesky @palumboliu.bsky.socialInstagram @speaking_out_of_place

“The origin was really trying to make sense of that 2016-2017 moment and to ask whether the alt-right was, as we were being told, a return to the 1930s, a kind of awakening of the sleeping beast of white supremacy armed in the streets in the United States. There are many explanations, but I decided to take this kind of curious route in with the distorted readings and reinterpretations of the works of people like Ludwig von Mises and Friedrich Hayek. As a scholar of comparative literature, I wanted to write a revision based on Crack-Up Capitalism.”In this episode of the Speaking Out of Place podcast, Professor David Palumbo-Liu talks with Quinn Slobodian about his new book, Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. He takes a deep dive into the genesis of a weird and powerful merging of two seemingly different groups the Far Right and neoliberals. Slobodian writes, “as repellent as their politics may be these radical thinkers are not barbarians the gates of neoliberalism but the bastard offspring of that line of thought itself.” They talk about how this meshing is driven by a primitive desire to ward off egalitarianism, difference, democracy, and government that services the common good. The wide-ranging talk ends with addressing DOGE, Trump's tariffs, and yes, the Jeffrey Epstein case.Quinn Slobodian is a professor of international history at the Frederick S. Pardee School of Global Studies at Boston University. His books, which have been translated into ten languages, include Globalists: The End of Empire and the Birth of Neoliberalism, Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy, and Hayek's Bastards: Race, Gold, IQ and the Capitalism of the Far Right . A Guggenheim Fellow for 2025-6, he has been an associate fellow at Chatham House and held residential fellowships at Harvard University and Free University Berlin. Project Syndicate put him on a list of 30 Forward Thinkers and Prospect UK named him one of the World's 25 Top Thinkers.https://speakingoutofplace.comBluesky @palumboliu.bsky.socialInstagram @speaking_out_of_place

“The origin was really trying to make sense of that 2016-2017 moment and to ask whether the alt-right was, as we were being told, a return to the 1930s, a kind of awakening of the sleeping beast of white supremacy armed in the streets in the United States. There are many explanations, but I decided to take this kind of curious route in with the distorted readings and reinterpretations of the works of people like Ludwig von Mises and Friedrich Hayek. As a scholar of comparative literature, I wanted to write a revision based on Crack-Up Capitalism.”In this episode of the Speaking Out of Place podcast, Professor David Palumbo-Liu talks with Quinn Slobodian about his new book, Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. He takes a deep dive into the genesis of a weird and powerful merging of two seemingly different groups the Far Right and neoliberals. Slobodian writes, “as repellent as their politics may be these radical thinkers are not barbarians the gates of neoliberalism but the bastard offspring of that line of thought itself.” They talk about how this meshing is driven by a primitive desire to ward off egalitarianism, difference, democracy, and government that services the common good. The wide-ranging talk ends with addressing DOGE, Trump's tariffs, and yes, the Jeffrey Epstein case.Quinn Slobodian is a professor of international history at the Frederick S. Pardee School of Global Studies at Boston University. His books, which have been translated into ten languages, include Globalists: The End of Empire and the Birth of Neoliberalism, Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy, and Hayek's Bastards: Race, Gold, IQ and the Capitalism of the Far Right . A Guggenheim Fellow for 2025-6, he has been an associate fellow at Chatham House and held residential fellowships at Harvard University and Free University Berlin. Project Syndicate put him on a list of 30 Forward Thinkers and Prospect UK named him one of the World's 25 Top Thinkers.https://speakingoutofplace.comBluesky @palumboliu.bsky.socialInstagram @speaking_out_of_place

“The origin was really trying to make sense of that 2016-2017 moment and to ask whether the alt-right was, as we were being told, a return to the 1930s, a kind of awakening of the sleeping beast of white supremacy armed in the streets in the United States. There are many explanations, but I decided to take this kind of curious route in with the distorted readings and reinterpretations of the works of people like Ludwig von Mises and Friedrich Hayek. As a scholar of comparative literature, I wanted to write a revision based on Crack-Up Capitalism.”In this episode of the Speaking Out of Place podcast, Professor David Palumbo-Liu talks with Quinn Slobodian about his new book, Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. He takes a deep dive into the genesis of a weird and powerful merging of two seemingly different groups the Far Right and neoliberals. Slobodian writes, “as repellent as their politics may be these radical thinkers are not barbarians the gates of neoliberalism but the bastard offspring of that line of thought itself.” They talk about how this meshing is driven by a primitive desire to ward off egalitarianism, difference, democracy, and government that services the common good. The wide-ranging talk ends with addressing DOGE, Trump's tariffs, and yes, the Jeffrey Epstein case.Quinn Slobodian is a professor of international history at the Frederick S. Pardee School of Global Studies at Boston University. His books, which have been translated into ten languages, include Globalists: The End of Empire and the Birth of Neoliberalism, Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy, and Hayek's Bastards: Race, Gold, IQ and the Capitalism of the Far Right . A Guggenheim Fellow for 2025-6, he has been an associate fellow at Chatham House and held residential fellowships at Harvard University and Free University Berlin. Project Syndicate put him on a list of 30 Forward Thinkers and Prospect UK named him one of the World's 25 Top Thinkers.https://speakingoutofplace.comBluesky @palumboliu.bsky.socialInstagram @speaking_out_of_place

Capitalism is typically treated as a force for relentless commodification. Yet it consistently fails to place value on vital aspects of the nonhuman world, whether carbon emissions or entire ecosystems. In Free Gifts, Alyssa Battistoni explores capitalism's persistent failure to value nature, arguing that the key question is not the moral issue of why some kinds of nature shouldn't be commodified, but the economic puzzle of why they haven't been. To understand contemporary ecological problems from biodiversity collapse to climate change, she contends, we have to understand how some things come to have value under capitalism—and how others do not. To help us do so, Battistoni recovers and reinterprets the idea of the free gift of nature used by classical economic thinkers to describe what we gratuitously obtain from the natural world, and builds on Karl Marx's critique of political economy to show how capitalism fundamentally treats nature as free for the taking. This novel theory of capitalism's relationship to nature not only helps us understand contemporary ecological breakdown, but also casts capitalism's own core dynamics in a new light.Battistoni addresses four different instances of the free gift in political economic thought, each in a specific domain: natural agents in industry, pollution in the environment, reproductive labor in the household, and natural capital in the biosphere. In so doing, she offers new readings of major twentieth-century thinkers, including Friedrich Hayek, Simone de Beauvoir, Garrett Hardin, Silvia Federici, and Ronald Coase. Ultimately, she offers a novel account of freedom for our ecologically troubled present, developing a materialist existentialism to argue that capitalism limits our ability to be responsible for our relationships to the natural world, and imagining how we might live freely while valuing nature's gifts. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

This week on Breaking Battlegrounds, we kick things off with Northwestern University's Gary Saul Morson, co-author of Cents and Sensibility, joins us to explore why revolutions never truly end, Dostoevsky's warnings about nihilism, and what economist Friedrich Hayek might think about artificial intelligence. We wrap up with Satya Thallam, senior advisor at Americans for Responsible Innovation, for an inside look at the political and national security implications of AI policy, from the White House's export control changes to the GOP's divide over state regulation, and what it all means for the future of innovation in America.

In this episode, we examine Friedrich Hayek's The Road to Serfdom, a chilling warning about how societies drift into tyranny—not through force, but through the seductive promise of central planning. Written in the shadow of fascism and communism, Hayek's argument is more relevant than ever: when the state takes control of the economy, it inevitably takes control of our lives. What begins as progress can end in oppression. This is the road to serfdom.

Jennifer Burns is a historian of ideas, focusing on the evolution of economic, political, and social ideas in the United States in the 20th century. She wrote two biographies, one on Milton Friedman, and the other on Ayn Rand. Thank you for listening ❤ Check out our sponsors: https://lexfridman.com/sponsors/ep457-sc See below for timestamps, and to give feedback, submit questions, contact Lex, etc. CONTACT LEX: Feedback - give feedback to Lex: https://lexfridman.com/survey AMA - submit questions, videos or call-in: https://lexfridman.com/ama Hiring - join our team: https://lexfridman.com/hiring Other - other ways to get in touch: https://lexfridman.com/contact EPISODE LINKS: Jennifer's X: https://x.com/profburns Jennifer's Website: https://www.jenniferburns.org Jennifer's Books: Milton Friedman biography: https://amzn.to/4hfy1HO Ayn Rand biography: https://amzn.to/4afr3A0 SPONSORS: To support this podcast, check out our sponsors & get discounts: Brain.fm: Music for focus. Go to https://brain.fm/lex GitHub: Developer platform and AI code editor. Go to https://gh.io/copilot LMNT: Zero-sugar electrolyte drink mix. Go to https://drinkLMNT.com/lex Shopify: Sell stuff online. Go to https://shopify.com/lex AG1: All-in-one daily nutrition drinks. Go to https://drinkag1.com/lex OUTLINE: (00:00) - Introduction (10:05) - Milton Friedman (24:58) - The Great Depression (39:15) - Schools of economic thought (50:22) - Keynesian economics (58:10) - Laissez-faire (1:06:00) - Friedrich Hayek (1:11:18) - Money and monetarism (1:26:03) - Stagflation (1:30:56) - Moral case for capitalism (1:34:53) - Freedom (1:39:51) - Ethics of competition (1:43:37) - Win-win solutions (1:45:26) - Corruption (1:47:51) - Government intervention (1:54:10) - Conservatism (2:00:33) - Donald Trump (2:03:09) - Inflation (2:07:38) - DOGE (2:12:58) - Javier Milei (2:18:03) - Richard Nixon (2:25:17) - Ronald Reagan (2:28:24) - Cryptocurrency (2:43:40) - Ayn Rand (2:51:18) - The Fountainhead (3:02:58) - Sex and power dynamics (3:19:04) - Evolution of ideas in history (3:26:32) - Postmodernism (3:37:33) - Advice to students (3:45:50) - Lex reflects on Volodymyr Zelenskyy interview PODCAST LINKS: - Podcast Website: https://lexfridman.com/podcast - Apple Podcasts: https://apple.co/2lwqZIr - Spotify: https://spoti.fi/2nEwCF8 - RSS: https://lexfridman.com/feed/podcast/ - Podcast Playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOdP_8GztsuKi9nrraNbKKp4 - Clips Channel: https://www.youtube.com/lexclips