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Spoiler: you were never meant to do this alone. In the final episode of Joy Lab's Resilience series, Dr. Aimee Prasek and Dr. Henry Emmons explore the most powerful — and most underrated — ingredient in lasting resilience: deep, meaningful connection. They unpack the neuroscience of belonging, the illusion of separation that quietly wrecks our wellbeing, and two surprisingly accessible practices: shared-joy and moral elevation. These practices can open us to greater connection right now, no personality overhaul required. The takeaway from this episode is that deep connection isn't a bonus feature of a resilient life. It's the foundation. And the good news? You're already wired for it. Try It Free
This episode was a particular joy for me. I had the honor to talk with Jacob Howland. We start with LSD—talking about it, that is — go back to the steam engine in ancient Greece to return to the 20th century's nuclear bomb and today's artificial intelligence. What is the interplay of the human condition with ever more potent technology? What constitutes progress, education, and how can we deal with the challenges of our time? Jacob Howland served as Provost and Dean of the Intellectual Foundations Program at the University of Austin from 2022 to 2025, and before that, as McFarlin Professor of Philosophy at the University of Tulsa. He is the author of five books on Plato, Kierkegaard, and the Talmud, and over sixty articles on literature, politics, and the academy for general readers. He will be a Distinguished Visiting Professor in the School of Civic Leadership at the University of Texas during the academic year 2026-27. I was intrigued by a conversation Jacob had with Jordan Peterson talking about the CIA gets its hands on LSD. Jacob described the situation as “This is potent stuff, what can we do with it?” Was this a special case or is this our general approach to innovation? Is innovation thus simply reasoning backwards? What is technology? Since when do we speak of technology? “The marshalling or harnessing of significant social resources for the explicit purpose of advancing and applying science.” Mastering and possession of nature, as Descartes put it, is a core aspect of that. During that process, is the focus put too much on the means, while the ends might get lost? “The means justify the end? […] We can do this, therefore we should do it.” Innovation and the mindset of the time — do people even understand what was just invented? Example: the steam engine in antiquity. How does the world appear to people in antiquity, in the Christian tradition, and later in the modern age? Or in other words: when did transforming the world become an objective? Descartes already understands that: “Desire is implicitly infinite.” This shifts the relationship between man and world. In what way specifically? “When we take away the limits of desire, we open up an infinite and unlimited desire for wealth, an unlimited desire for new devices, conveniences and so forth.” Descartes already expresses that if we become the masters of nature, we might be able to find a way to limit the infirmities of old age and to extend life. What was the role of Francis Bacon in The New Atlantis? What role did he play for science? Contemplating the history of technology and science, it appears we are treating new inventions and innovations like children — even those with extraordinary potential. How could we have survived this attitude? “Technology contains its own fatality.” What changed between the nuclear bomb and the advent of artificial intelligence? “We are going to have to trust AI more and more, but we don't actually know if it is trustworthy.” What can we learn from Greek mythology about these complexities of technology? What is Pandora's box? “We exchange one kind of fatality for another.” Technology can be transgressive and totalising. How? “If the idea is to remove all limits, which would be a way of being like God, then, because we are human beings, we will just descend into chaos. […] You can take human beings out of chaos, but you cannot take the chaos out of human beings.” Is it true that interesting things happen at the edge of chaos, as Stuart Kauffman expressed it? “When you just have order without the vitality that comes from transgression, you have decay, you have fossilised formalism.” Henry Adams stated, about 100 years ago: Can the speed of change become too fast for human societies and thus fundamentally destabilising? “We have a hard time holding two opposing thoughts in our mind.” But this seems to be increasingly important — a fundamental human skill, in fact. How is this important to assess progress? What changed in the attitude towards progress, especially with young people? “Moderns and late moderns (us) believe that we can solve problems.” The way we address complex problems was discussed in other episodes. Noteworthy seems a quotation by Thomas Sowell: “There are no solutions, only trade-offs” Can we actually solve a problem in a complex “wicked” environment? How does this help us to understand how technology works? Why is maintenance at the centre of a complex techno-social society? What does that mean specifically? How does politics work, and why will we never arrive at morally perfect situations? Why is impatience rising and creating unreasonable expectations? Why is humility of huge importance in dealing with complex problems, for instance in science? On the other hand, why is it a bad idea to be afraid of your own shadow? “I am more concerned by what the bomb is doing already to young people,” C. S. Lewis. So, how do we go along, surrounded by radical uncertainty? What does this mean for science? “Science is the belief in the ignorance of experts,” Richard Feynman. “You are dealing with a real scientist when that scientist says: here is what we don't know.” In contrast to this, remember Anthony Fauci: “I am Science.” What is the role of generalists versus specialists to resolve or manage some of these issues? What about different perspectives of time? “The emphasis in our lives today is on the present. What is happening right now.” Where is expertise, what is the interplay between specialist knowledge and generalist “connecting tissue”? “I have never let my ignorance interfere with anything I wanted to study.” How is this relevant to living a decent and flourishing human life? But to make it even bolder: Do we have such stagnation in science and society because we have so few generalists? As a closing question: If the mission is to save (American) education, what are we supposed to do, and do we even have a chance still? “Harvard College taught little, and that little, ill. But it left the mind open, supple, and ready to receive knowledge,” Henry Adams. Could we at least get back to this situation again? “How many universities can we say that about? We have not succeeded in that. […] At the end of the day, we are suffering from a crisis of meaning. Any way we give people more meaning is significant.” How can we do that? In company with other people, ideally. There is hope, as Jacob states at the end of the conversation. We are at the start of a reconstruction, as Douglas Murray put it: “We should be the reconstructionists. The deconstructionists knew something about how to take things apart but, like children with bicycles, had no idea how to put them back together. […] We have the choice either to live in the wastelands or to rebuild them.” Other Episodes Episode 148: Künstliche Vernunft? Ein Gespräch mit Jan Juhani Steinmann Episode 145: Reflexion und Rekonstruktion! Episode 137: Alles Leben ist Problemlösen Episode 134: Das Werdende, das ewig wirkt und lebt? Transzendent oder Transient Episode 129: Rules, A Conversation with Prof. Lorraine Daston Episode 125: Ist Fortschritt möglich? Ideen als Widergänger über Generationen Episode 118: Science and Decision Making under Uncertainty, A Conversation with Prof. John Ioannidis Episode 116: Science and Politics, A Conversation with Prof. Jessica Weinkle Episode 110: The Shock of the Old, a conversation with David Edgerton Episode 107: How to Organise Complex Societies? A Conversation with Johan Norberg Episode 74: Apocalype Always References Homepage of Jacob Howland Jordan Peterson & Jacob Howland, Ancient Stories That Bridge The Heavens & The Earth (2025) René Descartes, Discourse on the Method of Rightly Conducting One's Reason and of Seeking Truth in the Sciences (1637) Francis Bacon, The New Atlantis (1627, posthum) Stuart Kauffman, At Home in the Universe: The Search for the Laws of Self-Organization and Complexity(Oxford University Press, 1995) Henry Adams, The Education of Henry Adams (1918) Thomas Sowell, A Conflict of Visions: Ideological Origins of Political Struggles (1987) F. A. Hayek, The Use of Knowledge in Society (1945) Horst Rittel, Melvin Webber, Dilemmas in a General Theory of Planning, Policy Sciences 4 (1973) Aristotle, Nicomachean Ethics (ca. 350 BC) C. S. Lewis, “Is Progress Possible? Willing Slaves of the Welfare State” (Essay, 1958) Richard Feynman, “What is Science?” (presentation 1966, published inThe Physics Teacher, 1969) Erwin Schrödinger, What is Life? The Physical Aspect of the Living Cell (Cambridge University Press, 1944) Plato, Timaeus (ca. 360 BC) H. J. Paton, The Good Will: A Study in the Coherence Theory of Goodness (1927) Bryan Caplan, The Case Against Education: Why the Education System Is a Waste of Time and Money (Princeton University Press, 2018) Douglas Murray - "The Age of Reconstruction Has Begun!" | ARC 2025
Jesús Huerta de Soto traces the Austrian school's intellectual roots from the Spanish scholastics to Rothbard, making the case that anarcho-capitalism is the natural endpoint of the classical liberal tradition.The Ludwig von Mises Memorial Lecture, sponsored by Yousif Almoayyed.The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian school, bringing together leading scholars doing research in this vibrant and influential intellectual tradition.Full Text version of the Lecture (Submitted by Prof. Huerta de Soto):Thank you very much to the Mises Institute and Joe Salerno for his kind introduction as well as for inviting me to deliver this “Ludwig von Mises Memorial Lecture” to celebrate the one hundredth anniversary of Murray N. Rothbard's birthday. It is the second time I visit the Mises Institute to deliver this most important lecture: The first one was almost thirty years ago, back in April 1997, when I delivered a lecture on “The Scholastic Roots of the Austrian School”. In this second opportunity I am very happy to have been able to accept Joe's invitation and to come with a very well represented retinue of ten of my colleagues and doctoral students. All of them are teaching as professors or making their research at our more than twenty-year-old Doctoral and Master Programs in Austrian Economics at King Juan Carlos University back in Madrid, and which is the only one officially approved and with full validity inside the whole European Union. You have already had the opportunity to hear from each one of them a detailed description of the so-called “Madrid Austrian Research Hub” and of all the activities we are developing every year, including the 54 Doctoral Theses on Austrian Economics that have been read up to now in our program. And here you have also copies of the English version of our main books published by Routledge, Edward Elgar, and by the Macmillan Austrian Series edited by my Madrid Colleagues, the German professor Philipp Bagus and the Canadian professor Dave Howden. And you will have the unique opportunity to buy these books that, as you know, have a hefty price of almost 100 pounds each one, at the almost “stolen property” and symbolic price of 5 dollars per copy, thanks to the most generous help of the Spanish Jesús Huerta de Soto Foundation that is helping to finance our participation in this important event.And now what I will do in the next forty minutes is to try to summarize not only my main contributions, but also “The Libertarian Vision of the Scientific and Moral Truth” as we see it from our Austrian School Hub in Madrid. And I will do it by focusing on a series of fundamental points.Precisely, the youngest of all sciences, Economics is the one that has provided Humanity with the most important scientific contributionThe first one is that Economics, being the last science to arrive, or as Mises said, "the youngest of all sciences," has nevertheless achieved the milestone of providing Humanity with the most important scientific contribution. For the first time, and thanks to Economic Science, human beings have discovered and understood that voluntary social cooperation, free from all institutional and systematic external coercion, generates a spontaneous order that cannot be designed nor organized by anyone, and that peacefully and without limits drives the prosperity and expansion of Humankind.This transcendental message of Economic Science, on the one hand, resolves the impossible antithesis of attempting to apply, within the realm of interactions carried out by human beings endowed with free will, the manipulative approach of external entities that human beings have no choice but to use, supported by technology and the natural sciences, in order to dominate the subject of the material world. And on the other hand, this is a radically revolutionary message: for the first time, it has been scientifically demonstrated that states, in any of their forms, are neither necessary nor viable; that Society, understood as a process of voluntary human interactions, does not need anyone to govern it, because it regulates and organizes itself spontaneously; and that the attempt to coordinate Society on the basis of social engineering and state coercive commands is impossible, doomed to failure, and gives rise to all kinds of distortions, social conflicts and violence, that continually hinder and block human progress.Economic science is generalized into a complete Theory of Liberty that makes it possible to reinterpret History and promote the expansion of civilizationThe second point is that Economics has been generalized into a whole Theory of Liberty, understood as the most essential attribute and requirement of human nature. Liberty means that all human actions are carried out voluntarily, based on the principle of non-aggression, and free of external coercion or violence imposed and organized from above by the always minority group of human beings who, under whatever title, exercise any kind of political power.Moreover, Economics dismantles and turns upside down the erroneous and biased account of Thomas Hobbes and his followers. Neither was the "state of nature" a terrifying situation, nor did a supposed "social contract" ever exist or was it necessary to create and maintain a State that would impose order and guarantee peace. What happened was precisely the opposite: natural evolution consisted, above all, in the spontaneous discovery of the great advantages provided by voluntary exchanges and peaceful trade. Systematic and generalized violence, war, and terror arose only with the appearance of States, as coercive institutions composed of the most antisocial and violent human beings, who wanted (and still want) to live at the expense of plundering those citizens who earn their living by working and trading peacefully with each other (Oppenheimer, 1926).Thus, Economics, demonstrates that what Étienne de La Boétie named "voluntary servitude", is an anti-human aberration to which human beings have been subjected for centuries. And that it is not necessary to continue with the resigned habit of obeying the State; nor do governments enjoy an aura of prestige (but are literally "stripped" of any attribute of intellectual or moral superiority); nor is the caste—or “praetorian guard”—of intellectuals, “experts”, and acolytes that surround states and rulers to be regarded as untouchable; nor should we allow ourselves to be seduced and deceived by subsidies or perks, whether supposed or real, with which they seek to purchase the will and secure the loyalty of exploited human beings, so that they will consent, voluntarily and permanently, to their exploitation and servitude (De la Boétie, 1975).Economics is the Science developed by the Austrian School of Economics, which should in fact be known as the Spanish School, as it has its origins in the thinking of our scholastics of the Spanish Golden AgeThe third point is that Economic Science has reached its highest level of development thanks to the Austrian School of Economics. As you know, our school is based on the realism of its analytical assumptions, in the dynamic approach based on the entrepreneurial, creative, and coordinating capacity of every human being, and in the study of the spontaneous and self-regulated order of the social process of voluntary human interactions (Huerta de Soto, 2008). The institutional and multidisciplinary approach of the Austrian School is also very relevant. As a result of the spontaneous social process important institutions emerge which, in turn, make it possible and drive it forward: Law and property rights rooted in human nature and discovered and developed spontaneously outside the state; the family, a basic and essential institution, on which the expansion of Humanity is made possible and consolidated; moral principles, which act as a true "automatic pilot" for liberty and which human beings internalize and transmit from generation to generation, thanks to the family and other community or religious institutions; economic institutions, and in particular, money, which also evolves spontaneously outside the State, and which can and should be considered the social institution par excellence, since by overcoming the problems of barter, it enables the exponential multiplication of voluntary exchanges and human interactions, within which the rest of the social, linguistic, moral, legal, economic, and religious institutions are discovered, shaped, and perfected.Our fourth point is that the first theorists of the spontaneous order emerged in the field of law, led by the great jurists of classical Rome. They were the first ones to understand the organic and evolutionary nature of the social process, and so they became, without being aware of it, the first economists. Their tradition was kept alive throughout the Middle Ages thanks to the Catholic Church and, through thinkers such as Saint Thomas Aquinas, Saint Antoninus of Florence, and Saint Bernardino of Siena, eventually came to influence the Spanish scholastics of the sixteenth and seventeenth centuries gathered around the University of Salamanca. As Rothbard demonstrated (Rothbard, 1976) these thinkers of the Spanish Golden Age should be considered the most immediate precedent of the Austrian School of Economics, which, precisely for this reason, should be called the Spanish School of Economics. And in fact, these Spanish scholastics were already able to articulate the following ten essential principles which constitute the theoretical foundation of the Austrian School:Firstly, the subjective theory of value developed by the Bishop of Segovia, Diego de Covarrubias, who as early as 1555 clearly explained that, although the objective nature of wheat is the same in Spain as in America, its price was higher in America because there human beings subjectively valued it much more highly; from this follows the correct relationship between prices and costs set out by Luis Sarabia de la Calle, in the sense that it is market prices that determine costs and not the other way around, as equilibrium theorists mistakenly believe; the Scholastics also realized that equilibrium models and prices lack realism and theoretical meaning because they presuppose a degree of knowledge “so complex that only God, and in no case human beings, could ever acquire it” (in latin “pretium iustum mathematicum licet soli Deo notum”), as already explained by the Jesuit cardinals Juan de Salas in 1617 and Juan de Lugo in 1643, more than three hundred years earlier than Hayek could conclude that “a science which assumes knowledge that can never be acquired is not a Science”; also the dynamic concept of competition is fundamental, understood as a process of rivalry among sellers based on the dynamic conception of market processes developed by Jerónimo Castillo de Bobadilla and Luis de Molina in 1589 and 1597, and that has nothing to do with the static model of "perfect competition" of equilibrium theorists; and also the important contributions of the Spanish Scholastics related with capital theory, business cycles, and the effects of fiduciary media generated by banks; so, particular emphasis should be placed on the rediscovery of the principle of time preference by Martín de Azpilcueta, following what Lessines had already stated in 1285; as well as on the fact that bankers commit mortal sin when they operate with fractional reserves, creating bank deposits as a form of virtual money (or chirographis pecuniarium, as Luis de Molina said in latin) that only exists in their accounting books and distorts the structure of relative prices, creating bubbles and deep economic crises that ultimately "bring everything crashing down," as Saravia de la Calle and Tomás de Mercado so vividly explained in the 16th Century; and in short, the Scholastic's idea that it is impossible to organize society through coercive commands due to lack of the information that would be required to give them coordinating content; as well as the discovery that inflation is a hidden and very harmful tax that arises from an act of tyranny, since it is neither known nor accepted by citizens, which would even justify the assassination of the King according to the theory of tyrannicide, a contribution originally made by the Castilian Comuneros eventually defeated by the tyrant King Charles V in 1521, and developed by Father Juan de Mariana almost a century later [in 1610].This entire line of proto-Austrian scholastic thought also spread throughout the Americas, especially in the newly founded universities of San Marcos in Lima and Mexico City in 1551 where brilliant disciples of these Scholastics, who had studied at the University of Salamanca itself, came to occupy prominent academic positions. Thus, for example, we should mention the cases of Bartolomé Frías de Albornoz in Mexico, and above all the great Juan de Matienzo, who became judge and president of the Royal Audiencia of Charcas and Lima from 1560 onwards (Popescu, 1997).Finally, the doctrine of our scholastics did spread even to North America two centuries later through the books of Juan de Mariana, who greatly influenced Thomas Jefferson and the founding fathers of the United States.However, the southern part of the continent ultimately proved unable to neutralize the wave of growing statism and centralization that first came with the arrivals of the Habsburgs in Spain, and which was intensified even further after the arrival of the Bourbons with Philip V at the beginning of the eighteenth century (Martínez Marina, 1820). How different and much more prosperous and libertarian might the historical evolution of Spain and Latin America have been, had the statist centralism of the Habsburgs and the Bourbons not prevailed, and had the far more libertarian, local, and decentralized traditional representative institutions of the kingdoms of Castile instead remained predominant—institutions that were dismantled, together with Europe's first libertarian revolution, beginning with the defeat of the Castilian Comuneros at Villalar on April 23, 1521 (Leonard Liggio, 2025).The most important and far-reaching contributions of economic scienceLet us now turn, in greater detail, to the most important contributions of Economics, as developed by the Austrian School.First, human cooperation takes place spontaneously, without the need for anyone to organize it coercively from outside. This is so because human beings are endowed with an entrepreneurial and creative capacity that continually drives them to discover the multiple opportunities for profit that arise in their environment. Each of these opportunities embodies a previous discoordination in human behavior that remains latent until it is discovered and overcome by the corresponding entrepreneurial act. This entrepreneurial act always arises from a creative tension and interpretation of events of the outside world that is essentially subjective and, therefore, cannot be reproduced by any artificial intelligence algorithm; in other words, the same objective events can be interpreted in multiple ways, even contradictory ones, without it being possible to postulate which is correct until the corresponding entrepreneurial process is completed in the form of a subjective profit. In any case, every entrepreneurial act involves, firstly, the creation of information that did not exist before (regarding the profit opportunity that arose from the previous discoordination that had gone unnoticed); secondly, the transmission of that knowledge (directly to the parties involved in the entrepreneurial act and indirectly through a series of institutions and signals such as market prices); and third and finally, the coordination of the previous maladjustments takes place when the parties involved learn motu proprio, that is, voluntarily and for their own benefit, to discipline their behavior according to the needs of others (for example, when they discover that they achieve their ends more effectively by specializing and trading peacefully the mutual results of their efforts). The discovery of the essence of this pure entrepreneurial act, with its elements of creation and transmission of information and the spontaneous coordination of the previous maladjustments continually generated by human coexistence, constitutes the most important contribution that Economic Science has provided to Humanity, and explains why the spontaneous process of voluntary social cooperation that drives the multiplication of human beings and the expansion of civilization does not require any statist system of institutional coercion.Another essential contribution of Economics is the concept of Dynamic Efficiency, understood as the process of unlimited expansion of human creativity and entrepreneurial coordination that arises only within a specific institutional framework of moral and legal norms. This framework is the one grounded on the ethical principle according to which every human being has a natural right to appropriate the results of his entrepreneurial creativity; that is, a property right over what one has created and which did not previously exist, which is the most obvious and important human right. For this reason, (dynamic) Efficiency and Morality and Justice (properly understood) cannot be separated one from the other; or, as we might say, they are two sides of the same coin in the sense that only Justice and Morality induce and generate efficiency; and at the same time, what is dynamically efficient in economic terms cannot be neither unjust nor immoral. All of which, on the other hand, demonstrates the integrated order that exists in the social universe, and highlights the three levels of research (theoretical, ethical, and historical) that complement and reinforce with each other and are essential in our search for truth (Huerta de Soto, 2000).Finally, another key contribution of Economic Science is to have demonstrated the impossibility of socialism, or better, the impossibility of statism, in the sense that it is impossible for the State to achieve and coordinate what it promises for the following four reasons:First, because of the enormous volume of information required for such coordination, which the State cannot acquire because it is dispersed in the minds of the eight billion human beings who participate and interact in the social process every day. Second, given the tacit and inarticulate character of this information (and therefore its inability to be transmitted in an objective manner). Third, because the information that is generated is not "given," nor is it static, but instead changes continuously as a result of human creativity, making it impossible to transmit today information that will only be created tomorrow, and which is precisely the information that the organs of State intervention and the so-called “experts” would need today in order to direct society to achieve their objectives tomorrow. And fourth, and above all, because the coercive nature of State commands blocks the entrepreneurial activity of creating the very information which the State organization itself would need in order to give its commands a coordinating content. In sum, the State is always and everywhere violence and coercion; coercion blocks the entrepreneurial act of creation, discovery, and adjustment of discoordinated human behavior, while at the same time preventing the creation of the information and the emergence of free market prices that make economic calculation and social coordination possible. For this reason, statism is not only unnecessary but is also scientifically impossible.The impact of these essential contributions of Economics on the course of social evolution has so far been very limitedAll of these scientific contributions have so far achieved only a very partial, imperfect, and limited impact on the inertia of a social and political reality that has for centuries been characterized by the coercive power of States and rulers, and by the more or less resigned servitude of the citizens. And despite the very limited nature of this impact to date, which at best has materialized in a series of naïve and "liberal" revolutions aimed, with as much arrogance as lack of success, toward the impossible objective of trying to separate and limit the powers of states and rulers through political constitutions and "liberal democracies" (Rothbard, 2009); Humanity has been propelled as never before in those places and historical moments where it has managed, despite everything, to at least partially free itself from the State and open up some of the new channels of liberty shown by the teachings of Economics. Beginning with the Industrial Revolution, which was but the first chapter of the never-completed "Revolution of Liberty" inspired by Economics. And although what has been achieved in terms of prosperity and standard of living by the now eight billion human beings seems relatively significant—and indeed it is—we cannot even conceive of the standard of living and population size that could be achieved if Humanity were able to take full advantage of and fully implement the teachings of Economic Science.We can be few and poor in a context of servitude and submission to the State, or many and wealthy in a context of liberty (Hayek, 1988, p. 133). The globe is practically empty of human beings (the Earth's current population would fit into an area equivalent to that of the state of Alaska, with a population density equal to that of Brussels). And we cannot even imagine the prosperity that could be achieved in a free market daily driven by eighty billion, or even eight hundred billion, human beings. Economics explains and demonstrates that the increasing prosperity of an ever-growing population of human beings never results from deliberate and coercive State plans, nor from the egalitarian income redistribution, nor from increases in public spending, nor from subsidies, debt, or inflation, but only arises from the free market of the capitalist system. This consists of the process of voluntary exchanges among all human beings who, endowed with an innate entrepreneurial and creative capacity, are able to detect and assess, through the system of free prices, the relative urgency and necessity of each good and service, overcoming the relative scarcity of each and satisfying, every day and in the best humanly possible way, the desires and needs of billions of consumers. Entrepreneurs who succeed in this never-ending process of profit-seeking accumulate significant resources, which, in turn, are saved and invested in capital goods and new technologies that make human beings increasingly productive, boosting their wages and standards of living; a virtuous process of continuously expanding prosperity and population growth that, if not coerced or hindered by the State, has no limits.Therefore, it is crucially important for the future of Humanity that it be able to take full and maximum advantage of the lessons and essential message in pursuit of human liberty that Economics provides. But this will only be possible if we are able to unmask and carefully analyze the powerful forces of the pseudoscientific and counterrevolutionary reaction that has been mobilized to prevent the advance of the theory of liberty derived from Economic Science. Despite their diverse origins, they all converge on the same objective: to attempt to justify and preserve State coercion at all costs under the appearance of scientific legitimacy. They are driven by the "fatal conceit" (Hayek, 1988) of many visionaries, thinkers, and supposed "experts" who believe themselves to be clever enough to correct the spontaneous market order, of course, using the violence and coercive power of the State. Together with a privileged caste of rulers, bureaucrats and acolytes, they continually manipulate a Humanity that is sadly accustomed to serving the State. For all of them, it is vital that statism be maintained and that the message of liberty provided by Economics never prevail.Next, we will list the main reactionary pseudoscientific currents that have infiltrated Economic Science like a lethal virus and constitute, in Hayek's terminology, "the counter-revolution of science" (Hayek, 1955).Pseudoscientific reactionary currents opposed to Economic Science. The role played as “useful innocents” by many libertarian economists of the counterrevolutionary mainstreamFirst, positivism and scientism as pseudoscience. By "scientism" we must understand the improper application of the methods of the natural sciences to the field of Economic Science. Thus, while the natural sciences study their object of research as something external, measurable, and quantifiable, Economics studies the implications of the voluntary actions of human beings. And given the essentially creative nature of human beings, the supposed empirical "evidence" has, at best, only a superficial, partial, and always historically contingent value. In Bastiat's words, of "what is seen" —or rather, what is believed to have been seen— but not "what is not seen" (Bastiat, 1995); and at worst, it always entails the assumption, that human beings are an object of research that can be manipulated as the matter of the external world studied by the natural sciences. This inevitably introduces the idea that to improve the world, the State and its rulers must use their coercive power to manipulate and change the things they believe they see in their historically contingent "empirical photos." But these "empirical photos" cannot capture the underlying dynamic essence of spontaneous social processes, let alone what is already happening spontaneously to solve and coordinate every problem. Therefore, it is not surprising that from the very first steps of Economic Science promoted by the Austrian School, its most violent opponents were the "socialists of the chair" gathered around the German Historical School, reinforced in France by the empiricists of the school of Saint-Simon, the insane Comte, and Durkheim, who sought to create a new and alternative pseudoscience of society. And their unhealthy positivist and ultra-empirical influence has persisted to the present day, first through American Institutionalism and later through the massive compilation of empirical data, for example, in the work of Wesley C. Mitchell or Henry Schultz, the latter, as shown by Professor Salerno, having gone on to exert a decisive influence on his assistant Milton Friedman and, through him, even on the Chicago School itself (Salerno, 2023).Secondly, the pseudoscience of neoclassical economics is characterized by its claim that only its own approach constitutes true “science,” that is, the approach based on the principles of equilibrium, maximization, and constancy. Moreover, in addition to the lack of realism of its assumptions, it adds the reductionism of a mathematical language that has developed in response to the needs and demands of the natural sciences, but which is alien to Economic Science because it does not allow for the subjective concept of time or entrepreneurial creativity. Neoclassical economists develop their pseudoscience based not on real human beings of flesh and blood, but on "ideal types" that are like "robotic penguins" who, even in their most sophisticated dynamic stochastic general equilibrium models are limited to moving and reacting to events and State coercion as if they were characters of a sort of economic video game ("videogame economics"). Yet neoclassical pseudoscience, despite its apparent and ever-increasing sophistication, is not capable of accounting for the immense complexity of the real world and rebels against the idea of spontaneous market order in two ways that are equally harmful to human liberty: on the one hand, by promoting the coercive "social engineering" of central banks, States, and governments to use "fine tuning" to force reality toward to the mathematical optimum of their models; and, on the other hand, by labeling as "market failures" everything they believe they observe in reality that does not coincide, in their empirical studies, with their ghostly models of “perfect” equilibrium and adjustment (Milei, 2023); failures that, according to them, refute the "benefits" of the spontaneous order of the market and human liberty, and justify their elimination as soon as possible by a coercive State authority. Note also how neoclassical pseudoscience needs, and feeds upon, the empirical work of the previous pseudoscience, positivism, in order to justify its conclusions against human liberty and in favor of State coercion, so that positivists and neoclassicists join hands and end up reinforcing each other in their reactionary agenda.Third, Keynesianism and macroeconomics as pseudoscience. The very “macro” approach already entails, inevitably, an obvious bias in favor of justifying State intervention, aggression, and coercion against the spontaneous order of the market and human liberty. As F. A. Hayek pointed out in his Nobel Prize acceptance speech in 1974 (Hayek, 1978), macroeconomists ignore everything they cannot measure, specifically truly relevant economic processes and theories. At the same time, they believe that certain aggregate concepts—which lack genuine economic meaning—possess a “real” existence, that permits to collect empirical information or evidence that can be manipulated and statistically treated. Once again, macroeconomic pseudoscience goes hand in hand with positivist pseudoscience, and the two reinforce with each other in their counterrevolutionary reaction. Furthermore, Keynesianism is particularly harmful: not only does it flatly deny the coordinating capacity of creative entrepreneurship and the spontaneous market order, but it also builds as an alternative explanation a whole model—of course—of equilibrium with permanent unemployment, to justify the coercive intervention of the State in the lives of human beings in the form of all kinds of fiscal and monetary manipulations. Moreover, the macroeconomic and Keynesian pseudoscience feeds upon, and is reinforced by, the pseudoscientific approach of the Neoclassical School, to the point that, the so-called "neoclassical Keynesian synthesis" became, throughout the twentieth century, the main reactionary movement inside Economics. Keynesians and macroeconomists thus become the champions of that intoxication with statism, manipulation, and political power which constitutes the framework, orchestrated by governments and central banks, to which we have, regrettably, become accustomed and in which we are forced to live. This context repeatedly destabilizes the spontaneous market order, generates serious financial and economic crises and social conflicts, and continually hampers the prosperity and advance of civilization.We have left the quasi-religious mysticism of Marxist pseudoscience for last, because Marxism was scientifically dead even before it was born: in fact, it emerged with—and was theoretically demolished by—the subjectivist revolution led by the Austrian School of Economics. From the beginning, the Austrian School's development of time preference and capital theory revealed the contradictions and grave scientific errors of Marxism, while at the same time exposing its pronounced character as an intellectual fraud (Böhm-Bawerk, 1949). This intellectual fraud was historically illustrated by the collapse of the Soviet Union, and of virtually all other communist countries, after many decades of unspeakable human suffering for a large part of the world's population, all of which was perfectly consistent with the theory on the impossibility of statism developed by the Austrian School beginning with the von Mises of 1920 (Mises, 1936), and which was the final nail that forever sealed the coffin of the corpse of Marxist pseudoscience (Huerta de Soto, 2010).Finally, in this context, we must mention the destructive role played by a number of distinguished economists who, although they defend liberty and the market economy, could be described as a kind of "useful innocents" in Mises' terminology (Mises, 1947). This is so because, even though they officially oppose rampant statism and defend liberty, by accepting—even if only partially—some of the postulates of the reactionary pseudoscientific currents we have described, they ultimately end up, often without intending to and much to their regret, providing additional impetus to the statist reaction within our discipline; for example, when they insist on advising States with proposals aimed at making them more efficient and at helping them do somewhat better things that they should not be doing at all. By way of illustration, we should include in this category of “useful innocents”, for example, thinkers as the Karl Popper of The Open Society and Its Enemies (Popper, 1966, p. 366), who came to admire the “scientific capacity” and even the “humanism” of Karl Marx, and who proposed a statist strategy of “piecemeal social engineering”; or George Stigler, when he claimed that only empirical evidence could determine which economic system, socialism or capitalism, might function (Stigler, 1975, pp. 1-13); and, more generally, the members of the Chicago School, led by Gary Becker and Milton Friedman. Becker when defending that only economics developed within the strict limits of equilibrium, constancy, and maximization, typical of the neoclassical pseudoscience, constitutes true "economic science." And even more serious could be considered the case of Milton Friedman, whose very sincere love of liberty and intense and popular media support for free markets stand in sharp contrast to his pseudoscientific approach based on the aggregate method of economics of Keynesian origin, on positivist empiricism, and on the full acceptance of the unrealism of assumptions. Only in this way it can be explained Friedman's litany of scientific errors which, much to his regret, have invariably ended up reinforcing statist interventionism, to the point that Hayek himself was forced to conclude that after Keynes's The General Theory, the book that has done the greatest harm to Economic Science has been Friedman's Essays in Positive Economics (Hayek, 1994, pp. 145).The failure of democracy and classical liberalism: the triumph of statismAs we see, many classical liberals and advocates of liberal democracy have also acted as "useful innocents." The fatal error of classical liberals lies in the failure to realize that their program is theoretically impossible, because it incorporates within itself the seeds of its own destruction, precisely to the extent that it considers necessary and accepts the existence of a State (even if it is "minimal") understood as the monopolistic agency of institutional coercion. Therefore, the great error of classical liberals is very basic: they believe in a program of political action and economic doctrine that aims to limit the power of the State, while at the same time accepting it and even considering state's existence necessary. However Economic Science has already shown that the State is unnecessary, that statism (even in its minimal form) is theoretically impossible, and that, given human nature, once the State exists, it is impossible to limit its power. On the other hand, liberal democracy is a concept as naïve as it is impossible. Mises already warned us that democracy could only function if all its participants accepted the classical liberal principles, which is impossible because democracy itself encourages and amplifies vote-buying and the partisan use of power. So, the inevitable conclusion is that "liberal democracy" is a contradiction in terms as absurd as speaking (following Anthony de Jasay) of a “square circle,” of “hot snow,” or of a “virgin prostitute” (A. de Jasay, 1990). And even Hayek considered democracy unworkable if it is understood as the exercise of absolute power by majorities (Kratos in classical Greek). It should therefore come as no surprise that democracy once and again tends to be a perverse system based on lying and buying votes with money stolen through taxation.The fact is that the State attracts like a magnet the worst passions and vices of human nature, for instance, when individuals try to obtain rents produced by others using the State's coercive power. Moreover, the combined effect of the privileged groups, the phenomena of governmental myopia and vote-buying, the megalomaniacal character of politicians, and the irresponsibility and blindness of bureaucracies generate a dangerous, unstable and explosive cocktail, continually shaken by social, economic, and political crises which, paradoxically, are always used by the political caste to justify further doses of intervention and statism that, instead of solving problems, further aggravate them. Statism therefore corrupts the entire social body and at the same time blocks the spontaneous and free market solutions of social and economic problems.In fact, the State has become the "idol" that almost everyone turns to and worships. Statolatry is the most serious and dangerous social disease of our time. We are educated to believe that all problems can and must be detected and solved by the State. Our destiny depends on the State, and the politicians who control it are expected to guarantee everything our well-being may require. Human beings remain immature and rebel against their own creative nature, which makes their future always uncertain. They demand a crystal ball that assures them not only knowing what will happen, but also that any problems that arise will be solved for them. This "infantilization" of the masses is encouraged by politicians, as it justifies their own existence and ensures their popularity, position of dominance, and capacity to control. In addition, a whole legion of intellectuals, so-called "experts," and social engineers join in this arrogant intoxication of power. Not even the Church and the most respectable religious denominations have been able to realize that statolatry today constitutes the principal threat to the free, moral, and responsible human being; that the State is a false idol of immense power, worshipped by all, and that does not allow Humanity to be free from its control or have moral or religious loyalties beyond those the state can dominate. Furthermore, it is kept hidden from the public that the state is the true source of social conflicts and evils, and "scapegoats" (such as "capitalism" or private property) are blamed for the problems, and they become the goal of the most serious condemnations, even from moral and religious leaders, almost none of whom have realized the deception or dared to denounce that statolatry is the main threat in the present century to religion, morality, and, therefore, to human civilization.Perhaps the main exception within the Church is included in the brilliant biography of Jesus of Nazareth written by Benedict XVI. That the State and political power constitute the institutional incarnation of the Antichrist should be obvious to anyone with a minimal knowledge of history who reads the former Pope's considerations on the most serious temptation that the Evil One can present to us (and I quote Ratzinger literally): "The tempter is not so crude as to propose to us directly the worship of the devil. He merely proposes that we opt for the rational solution, that we prefer a planned and organized world in which God may have a place as a private spiritual matter, but must not be allowed to interfere in our essential purposes. Soloviev attributes to the Antichrist a book entitled The Open Road to World Peace and Prosperity; it becomes the new Bible, and its core message is the worship of well-being and rational planning," by the state (Ratzinger, 2007). And so, we should not be surprised that, for example, the great author of The Lord of the Rings, J. R. Tolkien, whose Catholic anarchism I fully share, went so far as to say that he would arrest anyone for simply daring to pronounce the word "State." Because the State is, always and everywhere, a reality of violence and systematic coercion against the most intimate essence of the human being, which is his capacity to act freely, creatively, and spontaneously; and so, it is unavoidable to conclude that the State is essentially immoral and that statism constitutes the principal threat to humankind.A theological digression: the dismantling of statism as a logical necessity inseparable from the work of GodAnd almost without realizing it, we can go ahead with a theological digression on how dismantling the State is a logical and moral necessity inseparable from the work of God. I fully understand that referring to God in this conference may come as a shock to many of those present, but I would ask that even those who do not believe in God, at least for dialectical purposes, make an effort of imagination and, for the next few minutes, imagine that God does indeed exist.And what do we mean by God? We must understand God to be a Supreme Being, Creator out of love for all things. And the most important creature that God has created is precisely the human being: in His image and likeness. And if there is a point of connection between God and man, it is precisely in the creative entrepreneurial ability: the capacity to discover, to see, and to create new things, goals and actions. But now I am going to go one step further and attempt to demonstrate that God is not only the Supreme, loving Creator of all things, but that—moreover—God is libertarian.And what does it mean to say that God is libertarian? It means that God, the Lord of all the Universe, has absolute power over it, and yet He chooses not to use force, but always leaves his creatures free. To the point that He gives human beings the freedom to rebel against Him; even though, again and again, God forgives human beings and allows them to rise up and begin anew.God always lets the universe He has created, flow in a spontaneous manner ("laissez faire, laissez passer, le monde va de lui même" could be the motto of our libertarian God). And this despite the fact that human beings tempt God again and again and demand that He manifest His absolute power, that He give us clear and indisputable signs of His existence and supreme power in order for us to believe in Him. But of course, God does not accept our challenge. Why? Because love and liberty are inseparable, and a forced conversion, for example by an evident cataclysm, would be completely contrary to that liberty with which God has created human beings out of love.Moreover, the Kingdom of God is not of this world; Jesus himself says this to a fearful Roman state official, who was also in charge of judging him: "My kingdom is not of this world." Does this mean that there are two types of kingdoms? The kingdoms of this world or States, which would be legitimate at their own level (remember "render unto Caesar the things that are Caesar's"), and the Kingdom of God, of ("render unto God the things that are God's"). That is the standard interpretation that has prevailed until now, but I think is completely wrong. The Kingdom of God—which is the exact opposite of the kingdoms or States of this world—never makes systematic use of violence and coercion: it is a Kingdom that has already come to us and, moreover, has been given to us freely, in an act of immense mercy and love (Deus caritas est). And just as the hateful institution of slavery came to an end, the Kingdom of God will also dismantle the kingdoms of this world, the states of this world, or as St. Paul said, of every principality, power, and glory (Ephesians 1:21-23), because God is libertarian and man is made in the image and likeness of God.Ludwig von Mises, in his book Interventionism, introduced the term "destructionism" to refer to the economic and social effects of statism. If Evil (represented by statist destructionism in Mises' terminology) were to prevail, the human race and civilization would have disappeared long ago. The fact that, despite everything and the immense power of seduction of statism over humankind, the process of social cooperation continues to unfold and even prosper in certain historical periods and geographical areas, is a clear manifestation that God does not abandon the world nor leave libertarians alone in their struggle against the Evil; and that Good, represented by liberty, the principle of non-aggression, the spontaneous order of the market, entrepreneurial creativity and coordination, and above all, moral principles, always with God's help, prevails and is capable of overcoming Evil, represented by the fatal conceit of the statist ideal and the destruction that it produces.And now I will finish with some thoughts on anarcho-capitalism as the only possible system of social cooperation truly compatible with human natureAnd now I will finish with some thoughts on anarcho-capitalism as the only possible system of social cooperation truly compatible with human nature. The most important intellectual and moral event that is taking place nowadays is the full fusion between Christianity and anarcho-capitalism. Because anarcho-capitalism is the only possible system of social cooperation that is truly compatible with human nature. Anarcho-capitalism is the purest representation of the spontaneous market order in which all services, including law, justice, and public order, are provided through a voluntary process of social cooperation. In this system, no area is closed to the drive of human creativity and entrepreneurial coordination; efficiency and justice in the resolution of problems are simultaneously enhanced, while the conflicts, inefficiencies, and discoordinations generated by the State are eradicated at their root.The progressive abolition of States and their gradual replacement by a dynamic network of private agencies different legal systems, and providing all kinds of prevention and defense services, constitutes the most important social transformation that will take place in the twenty first century. Without forgetting that exactly what prevents us from knowing with precision what the future without the state will look like, the creative nature of entrepreneurship, is what gives us the peace of mind of knowing that any problem will tend to be resolved and overcome, once the entrepreneurial effort and creativity of Humanity are devoted to its solution (Kirzner, 1985).Therefore, the revolution against the “Old Régime” carried out in the eighteenth and nineteenth centuries by the old classical liberals, today finds its natural continuation in the anarcho-capitalist revolution of the twenty-first century. The message of anarcho-capitalism is clearly revolutionary. Revolutionary in terms of its goal: the dismantling of the State and its replacement by a competitive market process consisting of a network of private agencies, associations, and organizations. And revolutionary in terms of its means, especially in the scientific, economic-social, and political fields:a) First, Scientific revolution, in the field of Economic Science, which becomes the general theory of spontaneous market order extended to all social areas. And by contrast and opposition, the theory and analysis of the effects of social discoordination generated by statism in any sphere in which it operates, as well as the study of the transition process from the State towards liberty.b) Second, an Economic and social revolution, as we cannot even imagine today the immense human achievements and discoveries that could be made in an entrepreneurial environment totally free from statism. Today, and despite continuous governmental harassment, an unknown civilization is already developing, with a degree of complexity that is beyond the reach and control of the state, and which will achieve unlimited expansion once it manages to completely rid itself of statism. And when human beings become more and more aware of the perverse nature of the State that restricts them, and of the immense possibilities that are frustrated each day when the State blocks the driving force of their entrepreneurial creativity, the social demand to reform and dismantle the State will multiply creating a future that is largely unknown to us but that will elevate human civilization to heights that we cannot even imagine today.c) And finally, a political revolution in which, although day-to-day political struggle is important, it should not be the top priority. It is true that the least interventionist alternatives must always be supported, in clear alliance with the efforts of classical liberals in their long term impossible democratic limitation of the State (including reforms such as those proposed by Hayek in the third volume of Law, Legislation, and Liberty). But the anarcho-capitalist does not stop at this task, for he knows that he can and must do much more. He knows that the ultimate goal is the total dismantling of the State, and this goal leads all his imagination and political action in everyday life. And here we cannot fail to mention the unprecedented impact of our disciple and follower of our Master Program in Austrian Economics in Madrid, the President of Argentina, Javier Milei, who has done more than anyone else before to disseminate the principles of the Austrian School and the anarcho-capitalist ideal. Principles that he never ceases to quote and explain and defend once and again in all his public appearances, from the United Nations to the Davos Forum; and in all his meetings with other Heads of State, universities, and parliaments, to whom he even gives copies of the most important Austrian works by Mises, Hayek and even myself, as he did, for example, with the two popes, Francis and Leo XIV, with the French President Macron, the Italian Prime Minister Meloni, and even with Elon Musk. For us, it is a great honor that Milei has, to a large extent, emerged from the Austrian School of Madrid and that he continually keeps drawing inspiration from us. This is, without a doubt, much more important than incremental political steps in the right direction—which should of course be welcomed—and that should never fall into a political pragmatism that could betray the ultimate goal of achieving the end of the State (Huerta de Soto, 2010).And all this with tireless enthusiasm in the search for scientific and moral truth, an attitude that, inspired by the immortal work of Miguel de Cervantes, we could describe as follows: "It matters not whether they be giants or windmills, when the plume of our helm is stirred by the winds of tenacity and faith." And always creating a future that, although it may seem distant today, may at any moment witness giant steps that will surprise even the most optimistic among us. History has entered into an accelerated process of change which, although it will never stop, will open a whole new chapter when humankind finally succeeds in ridding itself definitively of the State, reducing it to no more than a dark historical relic of tragic memory.Thank you very much.REFERENCESBASTIAT, Frédéric: Selected Essays on Political Economy, Foundation for Economic Education, New York 1995.DE LA BOÉTIE, Étienne: The Politics of Obedience: The Discourse of Voluntary Servitude, Free Life Editions, Nueva York 1975.BÖHM-BAWERK, Eugen von: Karl Marx and the Close of His System, Augustus M. Kelley, Nueva York 1949."The Exploitation Theory," Capital and Interest, Vol. I: History and Critique of Interest Theories, Libertarian Press, South Holland 1959.HAYEK, Friedrich A. von: The Counter-Revolution of Science, Free Press, New York, 1955.Hayek on Hayek: An Autobiographical Dialogue (eds. Stephen Kresge and Leif Wenar), University of Chicago Press, Chicago 1994.Law, Legislation and Liberty, Vol. III: The Political Order of a Free People, Routledge & Kegan Paul, London 1979.The Fatal Conceit: the Errors of Socialism, The University of Chicago Press, Chicago 1988."The Pretence of Knowledge," in New Studies in Philosophy, Politics, Economics and the History of Ideas, University of Chicago Press, Chicago 1978.HUERTA DE SOTO, Jesús: Socialism, Economic Calculation and Entrepreneurship, Edward Elgar, Cheltenham y Northampton 2010."A Hayekian Strategy to Implement Free Market Reforms," in Theory of Dynamic Efficiency, Routledge, Oxfordshire, 2010.Proyecto Docente, Chapter I: "Ciencia y Economía," Rey Juan Carlos University, Madrid 2000.The Austrian School: Market Order and Creative Entrepreneurship, Edward Elgar, Cheltenham y Northampton 2008.DE JASAY, Anthony: Market Socialism: A Scrutiny, published by the Institute of Economic Affairs, Occasional Paper no. 84, 1990.KIRZNER, Israel: "The Perils of Regulation: A Market Process Approach" in Discovery and the Capitalist Process, University of Chicago Press, 1985.LIGGIO, Leonard: "The Hispanic tradition of Liberty," published in Procesos de Mercado: Revista Europea de Economía Política, vol. XXII, nº 1, Summer 2025, pp. 403-420.MARTÍNEZ MARINA, Francisco: Teoría de las cortes o grandes juntas nacionales de los reinos de León y Castilla, Collado, 1820.MILEI, Javier: Capitalism, Socialism, and the Neoclassical Trap, in The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume II (editors Howden, D., Bagus, P.), Palgrave Macmillan, Cham, 2023.MISES, Ludwig von: Socialism: An Economic and Sociological Analysis, Jonathan Cape, London 1936.Planned Chaos, Foundation for Economic Education, Irvington-on-Hudson 1947.OPPENHEIMER, Franz: The State, Vanguard Press, Nueva York 1926.POPESCU, Oreste: Studies in the History of Latin American Economic Thought, Routledge, London 1997.POPPER, Karl: The Open Society and its Enemies, Princeton University Press, Princeton 1966.RATZINGER, Joseph. Jesus of Nazareth: From the Baptism in the Jordan to the Transfiguration. Translated by Adrian J. Walker. Doubleday, New York, 2007.ROTHBARD, Murray N.: "New Light on the Prehistory of the Austrian School," in The Foundations of Modern Austrian Economics (editor Edwin G. Dolan), Sheed and Ward, Kansas City 1976, pp. 52–74.Anatomy of the State, Ludwig von Mises Institute, Auburn 2009.SALERNO, Joseph. "Milton Friedman's Views on Method and Money Reconsidered in Light of the Housing Bubble", in The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume I, (editors Howden, D., Bagus, P.), Palgrave Macmillan, Cham, 2023.STIGLER, George: The Citizen and the State, University of Chicago Press, Chicago, 1975, pp. 1-13.
Another regional conflict precipitating another energy security crisis has your intrepid hosts feeling some deja vu as we find ourselves in an increasingly familiar setting as we contemplate the opportunities and challenges presented in the current US-Israel war on Iran. Beyond the horrific human toll of the Trump administration's latest incoherent, all-tactics-no-strategy foray into the Middle East, there are some complex consequences to world energy markets playing out and it's too soon to tell where this all goes from here. Global oil prices? Spiking! And likely to lead to airfare cost increases. Gas prices? Also spiking! But not in Australia, say whaaat? Like we said, ‘It's Complicated'. Our main course We stick solidly ON THEME this week with ‘Fossil energy minimum viable scale: unseen infrastructural threats to safety and decarbonization may arise as fossil energy systems are phased out' from Joshua Lappen and Emily Grubert, published recently in Science. This compact paper packs a punch and has a couple of big ideas to engage with. One is that energy transition types have been want to assume legacy fossil fuel infrastructure will carry on at the required capacity over the required timeframes to see replacement renewables in place. NOT SO say our authors, who contend that minimum viable scales for operation are not well understood and are certainly not being factored into planning for the transition, when it comes to physical, financial and managerial constraints. Their advice? DO better modelling, planning and managing of these issues at an asset level. Elements of this paper felt super familiar (hello gas distribution network death spiral) whole others worrying novel (oh hi there fuel-refinery-that-won't-operate-under-65%-capacity). Liked the provocations here we did! One more things Tennant's One More Thing is: Cloud Carrier's proposal to power a new data centre in NSW entirely by natural gas. Lots of debates sure to come! Frankie's One More Thing is: continued excitement at all things methane abatement focused, from the CCA's stated priority to look at this in 2026 to the NSW EPA's consultation on measures it may implement to reduce or destroy fugitive methane emissions from coal mining. Luke's One More Thing is: listener voicemail from none other than Baethan Mullen, CEO of the Superpower Institute, who left us a note with his reaction to our reaction to their recent paper on pricing carbon pollution. Thanks TSI for keeping us busy reading your excellent work! And that's it for now, Summerupperers. There is now a one-stop-shop for all your LMSU needs: head to letmesumup.net to support us on Patreon, procure merch, find back episodes, and leave us a voicemail!
SPONSORS: - Let AI do the note-taking. Visit https://plaud.ai/toe and use code TOE for 10% off at checkout. - Go to https://expressvpn.com/theoriesofeverythingyt to find out how you can get up to 4 extra months thanks to our sponsor, ExpressVPN - As a listener of TOE you can get a special 35% off discount to The Economist and all it has to offer! Visit https://www.economist.com/toe Physicist Nir Lahav joins me to argue that the hard problem isn't hard so much as confused—a consequence of treating consciousness as an absolute property rather than a relative one. Drawing on the principle of relativity, he proposes that subjective experience is a genuine physical property that manifests only from within a cognitive system's own internal simulation, where the felt sense of good and bad becomes as real as location in space. This conversation requires zero prior background in physics or philosophy. Every concept is built from scratch. SUPPORT: - Support me on Substack: https://curtjaimungal.substack.com/subscribe - Support me on Crypto: https://commerce.coinbase.com/checkout/de803625-87d3-4300-ab6d-85d4258834a9 - Support me on PayPal: https://www.paypal.com/donate?hosted_button_id=XUBHNMFXUX5S4 JOIN MY SUBSTACK (Personal Writings): https://curtjaimungal.substack.com LISTEN ON SPOTIFY: https://open.spotify.com/show/4gL14b92xAErofYQA7bU4e LINKS MENTIONED: - Nir's Website: https://www.lahavnir.com/about-me - Nir's Papers: https://scholar.google.com/citations?user=LFMD5RkAAAAJ - Nir's Facebook: https://www.facebook.com/Nir.Lahav - Nir's YouTube: https://www.youtube.com/@thewonderofscience9863/videos - A Relativistic Theory of Consciousness [Paper]: https://www.frontiersin.org/journals/psychology/articles/10.3389/fpsyg.2021.704270/full - Church-Turing Thesis: https://plato.stanford.edu/entries/church-turing/ - What Is It Like to Be a Bat? [Paper]: https://www.sas.upenn.edu/~cavitch/pdf-library/Nagel_Bat.pdf - On the Electrodynamics of Moving Bodies [TOE]: https://users.physics.ox.ac.uk/~rtaylor/teaching/specrel.pdf - Dialogue Concerning the Two Chief World Systems [Book]: https://amazon.com/dp/037575766X?tag=toe08-20 - Discourse on Metaphysics [Book]: https://amazon.com/dp/1474457789?tag=toe08-20 - The Foundation of the General Theory of Relativity [Paper]: https://sites.pitt.edu/~jdnorton/teaching/cosmology_2025/pdf/Einstein_Extension_Relativity_1916.pdf - Some Functional Effects of Sectioning the Cerebral Commissures in Man [Paper]: https://www.pnas.org/doi/epdf/10.1073/pnas.48.10.1765 - Reasoning or Reciting? [Paper]: https://arxiv.org/abs/2307.02477 - The Conscious Mind [Book]: https://amazon.com/dp/0195117891?tag=toe08-20 - Consciousness Iceberg [TOE]: https://youtu.be/65yjqIDghEk - Michael Levin [TOE]: https://youtu.be/c8iFtaltX-s - Karl Friston [TOE]: https://youtu.be/2v7LBABwZKA - Daniel Dennett [TOE]: https://youtu.be/bH553zzjQlI - Bernardo Kastrup [TOE]: https://youtu.be/lAB21FAXCDE - Joscha Bach [TOE]: https://youtu.be/3MNBxfrmfmI - Matt Segall [TOE]: https://youtu.be/DeTm4fSXpbM - Leo Gura [TOE]: https://youtu.be/YspFR9JAq3w - What Is Energy, Actually? [TOE]: https://youtu.be/hQk9GLZ0Fms - Plato's Cave [TOE]: https://youtu.be/PurNlwnxwfY - Iain McGilchrist [TOE]: https://youtu.be/Q9sBKCd2HD0 - Andres Emilsson: https://youtu.be/BBP8WZpYp0Y - Ruth Kastner [TOE]: https://youtu.be/-BsHh3_vCMQ - Urs Schreiber [TOE]: https://youtu.be/1KUhLHlgG2Q - Ted Jacobson [TOE]: https://youtu.be/3mhctWlXyV8 - Stephen Wolfram [TOE]: https://youtu.be/0YRlQQw0d-4 - Emily Adlam and Jacob Barandes [TOE]: https://youtu.be/rw1ewLJUgOg - David Chalmers [TOE]: https://youtu.be/RH5qjdHhtBk - Donald Hoffman and Philip Goff [TOE]: https://youtu.be/MmaIBxkqcT4 - Donald Hoffman [TOE]: https://youtu.be/CmieNQH7Q4w - Michael Levin and Anil Seth [TOE]: https://youtu.be/_kuwwmFnxGY - Elan Barenholtz [TOE]: https://youtu.be/A36OumnSrWY - Geoffrey Hinton [TOE]: https://youtu.be/b_DUft-BdIE Learn more about your ad choices. Visit megaphone.fm/adchoices
For today's episode, host Josh Sidman sat down with Carlos Louge to discuss the life and ideas of Silvio Gesell (specifically, his thoughts on Keynes).Carlos Louge is the Founder and Director of the Silvio Gesell Institute in Buenos Aires, Argentina. A lawyer and economist by training, Carlos has worked in the areas of alternative exchange systems and complementary currencies since the 1990s. He has written numerous articles as well as a book entitled Keynes and Gesell: A New Paradigm, in which he argues that many of the core ideas in The General Theory were previously developed by Gesell during his years in Argentina. He furthermore advocates for a more inclusive view of economic history, making the argument that many ideas which are ascribed to European and American thinkers were developed decades and even centuries earlier in South America.To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/
"He dudado mucho en calificar a Donald Trump de fascista. Hasta ahora", afirmó Robert O. Paxton, uno de los mayores expertos en fascismo, tras el asalto al Capitolio en 2021. Cinco años después, las detenciones masivas de migrantes, los asesinatos del ICE y las amenazas de expansión territorial plantean la pregunta: ¿es Donald Trump un presidente fascista? Aunque el término se usa con frecuencia, analizar si realmente se aplica requiere entender qué caracteriza al fascismo, cómo se diferencia de la derecha radical y en qué se parece o se distancia de los regímenes de los años treinta. Eduardo Saldaña y Alba Leiva exploran esta cuestión junto a Franco Delle Donne, autor del libro "Epidemia ultra" y creador del podcast del mismo nombre, para debatir si Estados Unidos ha cruzado la línea hacia el fascismo. Hoy en "No es el fin del mundo" debatimos si Donald Trump es un presidente fascista. Artículos: Trump, el líder fascista del siglo XXI: https://elordenmundial.com/trump-fascista-estados-unidos-ice-politica-democracia/ Libros: Epidemia ultra - Franco Delle Donne (Ediciones Península) Anatomía del fascismo - Robert O. Paxton (Capitán Swing) Las nuevas caras de la derecha. Potencia y contradicciones de la etapa posfascista - Enzo Traverso (Siglo XXI). Politics as Religion - Emilio Gentile (Princeton University Press) Historia del fascismo, 1914–1945 - Stanley G. Payne (University of Wisconsin Press) The Fascist Revolution: Toward a General Theory of Fascism - George L. Mosse (University of Wisconsin Press) Fascismo. Una breve introducción - Kevin Passmore (Alianza Editorial)
Tillsammans med Carl Wilén, sociolog verksam som postdoktor vid avdelningen för mänskliga rättigheter på Lunds universitet, så försöker vi förstå och använda oss av den sovjetiska rättsteoretikern Jevgenij Pasjukanis. Om marxistisk rättslära, juridikens relation till klasskampen och varför en skiss från 1924 plötsligt utgör grunden för heta debatter igen. Kom igen, det blir kul! Här kan du läsa "General Theory of Law and Marxism": https://www.marxists.org/archive/pashukanis/1924/law/index.htm Texten "Varan och subjektet" som Ryan läst till avsnittet finns i Fronesis nummer om Egendom, förhoppningsvis snart tillgängligt online: https://fronesis.nu/nummer/egendom/ Tack till GRK North-East för intro och outro linktr.ee/kominternpodd
Dr Aaron P. Jackson is Senior Lecturer in War Studies at Swedish Defence University in Stockholm, Sweden, where he specialises in researching and teaching operational art, military design thinking, and the ontology of military planning processes. Before commencing this role in February 2025, he was an Australian Public Servant for fifteen years. His public service appointments include Commander State Control Centre – Health in the South Australian Department of Health and Wellbeing, in which role he commanded the out-of-hospital elements of the Department's COVID-19 pandemic response operations. He has also held a variety of roles in the Australian Department of Defence, including as a doctrine writer, where he was the lead author of the second edition of the Joint Military Appreciation Process doctrine, which is the Australian Defence Force equivalent to the United States' Joint Publication 5.0 – Joint Planning. In addition to his civilian roles, Aaron is a part time Infantry Officer in the Australian Army Reserve. Holding the rank of Lieutenant Colonel, he is a former Commanding Officer of 10th/27th Battalion, The Royal South Australia Regiment, and he has previously deployed on Operations in Iraq, the Greater Middle East Region, Timor Leste, and domestically within Australia. The views and opinions expressed in this podcast are exclusively his own. They do not represent the views of any institution with which he is, or was previously, affiliated. In this month's episode, I speak with Dr Aaron P. Jackson about his book Military Design Thinking. Military design thinking is an approach to military strategy and problem-solving that emphasises creativity rather than conventional methods, which often rely on linear, analytical approaches that may not adequately address the “wicked problems” encountered in complex and dynamic contemporary conflicts.Chapters00:00 Introduction to Military Design Thinking02:09 Defining Military Design Thinking04:59 The Role of AI in Military Design10:12 Doctrinal Ontology in Military Context20:51 The Equality of Starting Points in Warfare28:24 The Impact of the Iraq War on Military Doctrine40:55 Rethinking Military Problem Solving44:34 Complex Adaptive Systems vs. Traditional Paradigms48:58 The Influence of Postmodernism in Military Design55:56 Wicked Problems and Military Contexts01:01:06 Challenges in Embedding Design Thinking01:04:09 Successful Applications of Design Thinking01:11:46 The Future of Military Design ThinkingAcademic publications cited during this podcast: 4.12: Nelson & Stolterman (2014), The Design Way.6.50: Bovet Emanuel, et al (2025), Comprehensive Shield 2025.9.31: The Archipelago of Design website.10.52: Jackson (2013), Doctrine, Strategy and Military Culture.21.56: Howard (1974), Military Science in an Age of Peace.27.48: Simpkin (2021), Explaining Labour's Ballistic Missile Defence Policy 1997-2010.30.08: Naveh (1997), In Pursuit of Military Excellence.33.42: Ryan (2016), A Personal Reflection on Introducing Design to the U.S. Army.37.56: Mann (1992), Chaos Theory and Strategic Thought.56.08: Rittel & Webber (1973), Dilemmas in a General Theory of Planning.57.07: Nelson & Stolterman (2014), The Design Way.59.11: Builder (1989), The Masks of War.1.01.22: English (2004), Understanding Military Culture.1.01.42: Weick (1996), Drop your Tools.1.06.05: Weizman (2006), Walking Through Walls.1.06.57: Stanczak et al (2021), Design at the Cutting Edge of Battle.1.07.37: Martin (2015),
Adam's presentation at the world's longest-running hypnosis conference in Chicago includes an explanation of the fourth dimension and why 4D is a versatile metaphor for hypnosis. This talk is filled with thought experiments, including Einstein's thought experiment that led to the discovery of the General Theory of Relativity. The talk ends with a 15-minute hypnosis session filled with 4D metaphors.
Law and Development: Theory and Practice, 2nd edition (Routledge, 2021) examines the theory and practice of law and development. It introduces the General Theory of Law and Development, an innovative approach which explains the mechanisms by which law impacts development. This book analyzes the process of economic development in South Korea, South Africa, and the United States from legal and institutional perspectives. The book also explains why the concept of "development" is not only relevant to developing countries but to developed economies as well. The new edition includes five new chapters addressing the relationships between law and economic development in several key areas, including property rights, political governance, business transactions, state industrial promotion, and international trade and development. This interview covers the main themes of this book, covers some of his papers, the relationship of his work to other scholars, and serves as a foundation for understanding Dr. Lee's work more broadly. His latest book, Sustainable Peace in Northeast Asia will be the subject of a second interview. Yong-Shik Lee is a scholar in law and development, and is currently Director of the Law and Development Institute and a Professor at West Virginia University. Dr. Lee graduated in economics from the University of California at Berkeley and received law degrees from the University of Cambridge. Previous books include Reclaiming Development in the World Trading System; Microtrade: A New System of Trade Toward Poverty Elimination; Law and Development Perspective on International Trade Law; and Safeguard Measures in World Trade: The Legal Analysis. His latest book, Sustainable Peace in Northeast Asia, was published by Anthem Press. 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
Law and Development: Theory and Practice, 2nd edition (Routledge, 2021) examines the theory and practice of law and development. It introduces the General Theory of Law and Development, an innovative approach which explains the mechanisms by which law impacts development. This book analyzes the process of economic development in South Korea, South Africa, and the United States from legal and institutional perspectives. The book also explains why the concept of "development" is not only relevant to developing countries but to developed economies as well. The new edition includes five new chapters addressing the relationships between law and economic development in several key areas, including property rights, political governance, business transactions, state industrial promotion, and international trade and development. This interview covers the main themes of this book, covers some of his papers, the relationship of his work to other scholars, and serves as a foundation for understanding Dr. Lee's work more broadly. His latest book, Sustainable Peace in Northeast Asia will be the subject of a second interview. Yong-Shik Lee is a scholar in law and development, and is currently Director of the Law and Development Institute and a Professor at West Virginia University. Dr. Lee graduated in economics from the University of California at Berkeley and received law degrees from the University of Cambridge. Previous books include Reclaiming Development in the World Trading System; Microtrade: A New System of Trade Toward Poverty Elimination; Law and Development Perspective on International Trade Law; and Safeguard Measures in World Trade: The Legal Analysis. His latest book, Sustainable Peace in Northeast Asia, was published by Anthem Press. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs
Law and Development: Theory and Practice, 2nd edition (Routledge, 2021) examines the theory and practice of law and development. It introduces the General Theory of Law and Development, an innovative approach which explains the mechanisms by which law impacts development. This book analyzes the process of economic development in South Korea, South Africa, and the United States from legal and institutional perspectives. The book also explains why the concept of "development" is not only relevant to developing countries but to developed economies as well. The new edition includes five new chapters addressing the relationships between law and economic development in several key areas, including property rights, political governance, business transactions, state industrial promotion, and international trade and development. This interview covers the main themes of this book, covers some of his papers, the relationship of his work to other scholars, and serves as a foundation for understanding Dr. Lee's work more broadly. His latest book, Sustainable Peace in Northeast Asia will be the subject of a second interview. Yong-Shik Lee is a scholar in law and development, and is currently Director of the Law and Development Institute and a Professor at West Virginia University. Dr. Lee graduated in economics from the University of California at Berkeley and received law degrees from the University of Cambridge. Previous books include Reclaiming Development in the World Trading System; Microtrade: A New System of Trade Toward Poverty Elimination; Law and Development Perspective on International Trade Law; and Safeguard Measures in World Trade: The Legal Analysis. His latest book, Sustainable Peace in Northeast Asia, was published by Anthem Press. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
Law and Development: Theory and Practice, 2nd edition (Routledge, 2021) examines the theory and practice of law and development. It introduces the General Theory of Law and Development, an innovative approach which explains the mechanisms by which law impacts development. This book analyzes the process of economic development in South Korea, South Africa, and the United States from legal and institutional perspectives. The book also explains why the concept of "development" is not only relevant to developing countries but to developed economies as well. The new edition includes five new chapters addressing the relationships between law and economic development in several key areas, including property rights, political governance, business transactions, state industrial promotion, and international trade and development. This interview covers the main themes of this book, covers some of his papers, the relationship of his work to other scholars, and serves as a foundation for understanding Dr. Lee's work more broadly. His latest book, Sustainable Peace in Northeast Asia will be the subject of a second interview. Yong-Shik Lee is a scholar in law and development, and is currently Director of the Law and Development Institute and a Professor at West Virginia University. Dr. Lee graduated in economics from the University of California at Berkeley and received law degrees from the University of Cambridge. Previous books include Reclaiming Development in the World Trading System; Microtrade: A New System of Trade Toward Poverty Elimination; Law and Development Perspective on International Trade Law; and Safeguard Measures in World Trade: The Legal Analysis. His latest book, Sustainable Peace in Northeast Asia, was published by Anthem Press. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/law
Truth in Learning: in Search of Something! Anything!! Anybody?
In this episode, Clark and Matt return to the topic of Leadership Development. Is traditional leadership development a worthy endeavor for most organizations? Well, the research, or lack thereof, indicates that at best, it is questionable, and at worst, it may actually undermine or act at cross purposes to what the company strives to attain. Of course, in the end, they propose what they think might work more effectively. It's about context! Matt and Clark discuss four inherent issues with traditional leadership development, based on Matt's booklet on the topic, available for free download here: https://members.ldaccelerator.com/c/what-is-lda-press/leadership-development-the-four-issues-that-undermine-traditional-leadership-development-programs-3f451f4a-a52a-4ebe-9561-3d4e32cc23ba The Lacerenza, et. al. meta-analysis is below in the references. Matt makes the case for a definition problem. In other words, we are rarely clear or consistent in our use of the word leadership. Because of this lack of agreement on what the term means, and more importantly, what knowledge, skills, abilities, and values embody effective leadership, it is very difficult to design effective learning. They highlight the misalignment between what gets espoused by the "experts," the stakeholders in the organization, and the learning team, with how leadership actually shows up behaviorally in practice. Also, there is a tendency for all parties to idealize the factors that make up leadership and ignore, or sweep under the rug, some of the more nefarious behaviors that support leader outcomes. Next, there is validity and reliability. When the learning team decides what to teach, is the model, the process, or the tools supported by research and experience? Do they work consistently over time? Matt uses Servant Leadership as an example. Of course, given the next problem of context, we know they are not consistent. But we make matters worse when we also use models unsupported by evidence and research… or, we use models that work once or twice in practice… but not in all circumstances. Finally, Clark and Matt explore the problem of the said context. Shifting situations, people, crises, opportunities, technology, and more make the environment in which one leads always unique and difficult to predict. What works today tends not to work tomorrow. What didn't work yesterday may work today. Matt raises the Keith Grint model of leadership based on wicked, tame, and critical problems. Throughout the discussion, they reference lots of leadership and leadership development researchers and thought leaders (references below). They mention Jeffrey Pfeffer, Barbara Kellerman, Ronald Riggio, John Kotter, Warren Bennis, Bert Nanus, and David Grad. Clark mentions the Cynefin framework by Dave Snowden as an alternative to the Grint framework. You can learn about it here: https://en.wikipedia.org/wiki/Cynefin_framework At one point, Matt refers to the hypocrisy of many corporate CEOs about Black Lives Matter. A good article on this was written by the BBC way back in 2020. https://www.bbc.com/worklife/article/20200612-black-lives-matter-do-companies-really-support-the-cause Clark refers to The Gervais Principle by Venkatesh Rao when the two talk about psychopathy, or sociopathy, in leadership. Clark also calls back to a Matt favorite, Brian Klaas' Corruptible. REFERENCES: Burns, J. M. (1978). Leadership (1st ed.). New York: Harper & Row. Burns, J. M. (2003). Transforming leadership: A new pursuit of happiness. New York: Atlantic Monthly Press. Grint, K. (2005). Problems, problems, problems: The social construction of ‘leadership.' Human Relations. 58 (11), 1467-1494. Kellerman, B. (2012). The end of leadership (1st ed.). New York: Harper Business, An Imprint of Harper Collins Publishers. Kellerman, B. (2015). Hard times : leadership in America. Stanford, California: Stanford Business Books, an imprint of Stanford University Press. Lacerenza, C.N., Reyes, D.L., Marlowe, S.L., and Joseph, D.L. (2017). Leadership Training Design, Delivery, and Implementation: A Meta Analysis. Journal of Applied Psychology, 1686-1718. https://psycnet.apa.org/record/2017-32276-001 Northouse, P. G. (2019). Leadership : theory and practice (Eighth Edition. ed.). Los Angeles: SAGE Publications. Pfeffer, J. (2015). Leadership BS : fixing workplaces and careers one truth at a time (First edition. ed.). New York, NY: Harper Business, an imprint of HarperCollins Publishers. Riggio, R. E. (Ed.) (2018). What's Wrong with Leadership? New York: Routledge. Rittel, H.W.J. and Webber, M.M.. (1973) Dilemmas in a General Theory of Planning. Policy Sciences. 4, pp. 155-169. Toor, S.-u.-R. (2011). Differentiating Leadership from Management: An Empirical Investigation of Leaders and Managers. Leadership and Management in Engineering, 11(4), 310-320. doi:doi:10.1061/(ASCE)LM.1943-5630.0000138 Toor, S.U.R. & Ofori, G. (2008). Leadership versus Management: How They Are Different, and Why. Leadership and Management in Engineering, 8(2), 61-71. doi:doi:10.1061/(ASCE)1532-6748(2008)8:2(61) Young, M., & Dulewicz, V. (2007). Similarities and Differences between Leadership and Management: High-Performance Competencies in the British Royal Navy. British Journal of Management, 19(1), 17-32. doi: https://doi.org/10.1111/j.1467-8551.2007.00534.x
Hello, and welcome to Entangled! The podcast where we explore the science of consciousness, the true nature of reality, and what it means to be a spiritual being having a human experience.I'm your host, Jordan Youkilis, and in this episode, I share my capstone paper. I wrote this essay to complete my Master of Arts in Consciousness & Human Potential at Maharishi International University last month. This paper is titled “Is Consciousness the Unified Field? Evidence for a New Paradigm of Reality”.The capstone prompt was “The Application of Maharishi Vedic Science to Solve a Problem in Society.” The final research paper explores practical outcomes of Maharishi Vedic Science — how the principles brought out by Maharishi Mahesh Yogi can practically address current problems, such as education, government, school violence, PTSD, striving from full human development, need for creativity, etc.In “Is Consciousness the Unified Field?”, I propose that the Vedic concept of the field of pure consciousness and the self-interacting field of modern string theory are one and the same. I first describe the history of our current paradigm of reality, one defined by materialism, reductionism, and determinism. I then highlight anomalous phenomena which do not fit the materialist paradigm, including the hard problem of consciousness, the paradoxes of quantum mechanics, quantum entanglement, the mystical experience, and higher states of consciousness.I then argue that consciousness is fundamental, and that matter is the illusion. Next, I explain how these anomalous phenomenon can be explained by a consciousness-based paradigm of reality as proposed by Maharishi Vedic Science. I conclude with thoughts on what this paradigm shift in our understanding of ultimate reality could mean for the future of humanity.If you enjoy this essay and are interested in learning more about Maharishi Vedic Science, check out the rest of the miniseries in Entangled episodes 47-53 and 82.Music from the show is available on the Spotify playlist “Entangled – The Vibes”. If you like the show, please drop a 5-star review and subscribe on Substack, Spotify, X, Apple or wherever you listen to podcasts.To the faculty and staff of MIU, thank you for the education of a lifetime. To the 2025 MIU graduates, congratulations! You watered the root, time to enjoy the fruit.Please enjoy the episode!Music: Intro: Ben Fox - "The Vibe". End Credits: Kick Lee – “New Heights”.Published: 2/25/25.Check out the resources referenced:* Relativity: The Special and General Theory by Albert Einstein: https://www.ibiblio.org/ebooks/Einstein/Einstein_Relativity.pdf* Galileo's Error by Philip Goff: https://www.amazon.com/Galileos-Error-Foundations-Science-Consciousness/dp/1524747963* “Psilocybin can occasion mystical-type experiences having substantial and sustained personal meaning and spiritual significance”: https://doi.org/10.1007/s00213-006-0457-5* “Is Consciousness the Unified Field? A Field Theorist's Perspective” by Dr. John Hagelin: https://www.miu.edu/pdf_msvs/v01/hagelin.pdf* Spontaneous Evolution by Bruce Lipton and Steve Bhaerman: https://www.amazon.com/Spontaneous-Evolution-Positive-Future-There/dp/1401926312* Maharishi Vedic University by Maharishi Mahesh Yogi: https://miupress.org/product/introduction-to-maharishi-vedic-university/* Science of Being and Art of Living by Maharishi Mahesh Yogi: https://miupress.org/product/science-of-being-and-art-of-living/* Consciousness Is All There Is by Dr. Tony Nader: https://miupress.org/product/consciousness-is-all-there-is/* Consciousness and the Quantum by Robert Oates, Jr.: https://miupress.org/product/consciousness-and-the-quantum-1/* The Supreme Awakening by Craig Pearson: https://miupress.org/product/consciousness-and-the-quantum-1/* The Holographic Universe by Michael Talbott: https://www.amazon.com/Holographic-Universe-Revolutionary-Theory-Reality/dp/0062014102* Cosmos and Psyche by Richard Tarnas: https://www.amazon.com/Cosmos-Psyche-Intimations-World-View/dp/0452288592* Your Brain is a River, Not a Rock by Dr. Fred Travis: https://www.amazon.com/Your-Brain-River-Not-Rock/dp/B0BQNQWRP9* “Transcendental experiences during meditation practice” by Dr. Fred Travis: https://doi.org/10.1111/nyas.1231* “Relation between Psychedelic and Transcendental Experiences” by Dr. Fred Travis: https://doi.org/10.5539/ijps.v14n4p31 This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit entangledpodcast.substack.com
It's About Time! Step into the enigmatic realm of time and alternative realities with Weird Time: Exploring the Mysteries of Time and Space. Starting with ancient mythologies that introduced deities believed to control time and fate, right up to the forefront of modern science as renowned physicists unveil mind-bending theories about the nature of time and space. From Einstein's General Theory of Relativity to quantum mechanics, Weird Time examines cutting-edge ideas by modern physicists that push the boundaries of our understanding of the universe. Prepare to be transported beyond the limits of the conventional and into the mysterious realms of time slips, missing time, and alternate realities. Scientists may not yet agree on the nature of time, or if time travel is even possible, but here are firsthand accounts of ordinary individuals who have pierced the fabric of time and witnessed the unexplainable. A Somerset man who vanished after being struck by lightning, only to end up in a hospital from a different reality. A pilot flying from the Bahamas who found his plane suddenly drawn into an "electric fog tunnel" and transported to the Florida coastline in only 47 minutes. The anthropologist who speculates that UFOs could be time travelers from the future. The Italian Benedictine monk who claimed to have invented a device to view past events, only to have it dismantled by the Vatican. Foreword by Mark Olly Sean Casteel and Tim R. Swartz, along with some of the most talented paranormal researchers of our time, invite you on an unforgettable voyage through the past, present and future. Weird Time explores the fabric of reality itself, the many possibilities of tomorrow, and the realization that what we experience is only a fraction of a much larger, stranger universe.
Here's the original video from where this audio came. Here's a list of links to John reading every chapter (released so far) in his 2021 book Contending Perspectives. I have edited both the video and audio to eliminate mistakes, coughs, interruptions, and etc. Sections in this chapter These timestamps are exact for the audio. For the video, you'll need to add around seven seconds in order to get to the precise spot. (This is because of the opening credits, which are over around seven seconds of silence.) 1:04 - Section: The Great Depression and Keynes' General Theory 4:08 - Section: Uncertainty, animal spirits, and demand 21:12 - Section: Investment and the business cycle 26:26 - Section: Financial markets and money 35:17 - Section: Method 41:14 - Section: Views of human nature and justice 43:05 - Section: Standards of behavior - primary and secondary 50:30 - Section: Criticisms 51:33 - Section: Final rejoinder 53:12 - Section: Further reading
Here's the from where this audio came. Here's a list of links to (released so far) in his 2021 book Contending Perspectives. I have edited both the video and audio to eliminate mistakes, coughs, interruptions, and etc. Sections in this chapter These timestamps are exact for the audio. For the video, you'll need to add around seven seconds in order to get to the precise spot. (This is because of the opening credits, which are over around seven seconds of silence.) 1:04 - Section: The Great Depression and Keynes' General Theory 4:08 - Section: Uncertainty, animal spirits, and demand 21:12 - Section: Investment and the business cycle 26:26 - Section: Financial markets and money 35:17 - Section: Method 41:14 - Section: Views of human nature and justice 43:05 - Section: Standards of behavior - primary and secondary 50:30 - Section: Criticisms 51:33 - Section: Final rejoinder 53:12 - Section: Further reading
This is the second episode in a miniseries on heterodox economists—people who embrace completely different approaches to economics than the standard thinkers. Adam and Cameron describe the life and work of Joan Robinson, who worked with John Maynard Keynes on his hugely influential macroeconomics book The General Theory of Employment, Interest and Money—but came to regard Keynesianism as a failed revolution. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week Cooper and Taylor dive into Marcel Mauss's A General Theory of Magic. Support us on Patreon: www.patreon.com/muhh witter: @unconscioushh
Evolution: the naturalistic origin of life and its diversity. The General Theory of Evolution, as acknowledged by prominent evolutionists, includes the origin of life. Take the question evolution quiz. Become a monthly contributor. You can also help out by telling your family and friends to check out the podcasts.
Guiding Principles: Gretchen Ronnevik Quote We LOVE: “When I taught classical writing to teens, there's an element to formal rhetoric called "refutation" where you address the arguments opposed to your thesis. In refutation, it's important to present the arguments of your opponents in a way that they would feel well represented, so that you can talk about where they are wrong in their argument, point by point, instead of resorting to ad hominem attacks, or misrepresentation. In classical rhetoric, ad hominem attacks, and twisting the words of your opponent where they would say "but that's not what I said, nor how I meant it," is actually the weakest way to refute their arguments. It shows that you don't have a good case against their issue, so you resort to theatrics and distractions instead. The reason that you want your opponents to agree with your representation of them is that you are seeking to win them over and persuade them. If they feel they have been misrepresented, they will never be persuaded, they will just continue to clarify again and again, until they realize you have no intention of actually hearing them.” Gretchen's website and Twitter/X Account PoliticsiCivics: Susanna's recommendation for teaching civics and government to grammar/rhetoric stage studentsThe Righteous Mind by Jonathan Haidt: Susanna's book recommendation for rhetoric students and adultsEconomics Uncle Eric Books: We mention using these books to explain the Libertarian or Free Market view of economicsTuttle Twins: We mention this as an example of an economics/government program for kids that has a stated Libertarian slantOlder students should read the strongest arguments for each major economic theory and/or the source material, like The Wealth of Nations by Adam Smith for Free Market Economics or The General Theory of Employment by John Maynard Keynes for Keynesian economics. Resources for looking for rhetoric stage economics courses (let us know your comments about potential slants!): Great Courses (a lot of course options, check the syllabus to see if the course you're interested in covers multiple economic theories) Edx (same as above)Khan Academy (they have a section about Keynesian economics and its critics)Crash Course (supplemental videos, potential Keynesian slant. They have a video about different Economics Schools of Thought)Well-Trained Mind AcademyScience Biologos website: Susan mentions this website in the context of teaching theology and science. Extremely American Podcast: Susan mentions this podcast when positing that there is a link between creationism and Christian Nationalist political ideas. This episode specifically tackles that link.Corrections: At 31:10 Susan mentions the "Institution of Creationism Research," it should be "Institute of Creation Research." (00:00) - Season of Hot Takes Intro (01:15) - Episode Intro (01:28) - Teaching controversial topics (03:31) - "I Don't Believe It, But I Must Teach It" (04:31) - US Government & Politics | I Don't Believe It, But I Must Teach It (07:21) - How to make space for terrifying questions (13:50) - US Government & Politics | I Don't Believe It, But I Must Teach It (22:25) - Economics | I Don't Believe It, But I Must Teach It (30:26) - Break (31:17) - Science | I Don't Believe It, But I Must Teach It (40:18) - Reading | I Don't Believe It, But I Must Teach It (45:34) - How to teach in a community with diverse values (52:32) - Outro
[Rerun] Kirk critiques the book, A General Theory of Love.This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/KIRK to get 10% off your first month.Become a member: https://www.youtube.com/channel/UCOUZWV1DRtHtpP2H48S7iiw/joinBecome a patron: https://www.patreon.com/PsychologyInSeattleEmail: https://www.psychologyinseattle.com/contactWebsite: https://www.psychologyinseattle.comMerch: https://teespring.com/stores/psychology-in-seattleCameo: https://www.cameo.com/kirkhondaInstagram: https://www.instagram.com/psychologyinseattle/Facebook Official Page: https://www.facebook.com/PsychologyInSeattle/TikTok: https://www.tiktok.com/@kirk.hondaFebruary 15, 2013The Psychology In Seattle Podcast ®Trigger Warning: This episode may include topics such as assault, trauma, and discrimination. If necessary, listeners are encouraged to refrain from listening and care for their safety and well-being.Disclaimer: The content provided is for educational, informational, and entertainment purposes only. Nothing here constitutes personal or professional consultation, therapy, diagnosis, or creates a counselor-client relationship. Topics discussed may generate differing points of view. If you participate (by being a guest, submitting a question, or commenting) you must do so with the knowledge that we cannot control reactions or responses from others, which may not agree with you or feel unfair. Your participation on this site is at your own risk, accepting full responsibility for any liability or harm that may result. Anything you write here may be used for discussion or endorsement of the podcast. Opinions and views expressed by the host and guest hosts are personal views. Although, we take precautions and fact check, they should not be considered facts and the opinions may change. Opinions posted by participants (such as comments) are not those of the hosts. Readers should not rely on any information found here and should perform due diligence before taking any action. For a more extensive description of factors for you to consider, please see www.psychologyinseattle.com
HARRIS/WALZ CAMPAIGN ADVANCING PRICE CONTROLS: WHAT ALWAYS GOES WRONG? 2/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. SEPTEMBER 16, 1920 WALL STREET BOMBING
HARRIS/WALZ CAMPAIGN ADVANCING PRICE CONTROLS: WHAT ALWAYS GOES WRONG? 3/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. SEPTEMBER 16, 1920 WALL STREET BOMBING
HARRIS/WALZ CAMPAIGN ADVANCING PRICE CONTROLS: WHAT ALWAYS GOES WRONG? 4/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. SEPTEMBER 16, 1920 WALL STREET BOMBING
HARRIS/WALZ CAMPAIGN ADVANCING PRICE CONTROLS: WHAT ALWAYS GOES WRONG? 1/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. SEPTEMBER 16, 1920 WALL STREET BOMBING
Vedran Bajer je country manager Microsofta Hrvatska, no njegova karijera uključuje više voditeljskih pozicija u MojPosao i VIDI, te vođenje više business development odjela u Googleu. Posao ga je vodio diljem svijeta, a dovoljno je dugo vremena proveo u Singapuru i Švicarskoj da se tamo osjeća kao doma. Osoba je vrlo širokih interesa, kao najveće kvalitete ističe radoznalost, spremnost na učenje, čitanje knjiga, te sportu. S Vedranom smo pričali o dojmovima koje je skupio o svijetu i karijeri, razlikama Singapura i Hrvatske, te kakva nam budućnost predstoji s AI alatima, osobito Microsoftovom Copilotu. Pričali smo i o možda najvažnijoj temi - tko sve može imati koristi od Copilota i integracijama AI-a u svakodnevno poslovanje, te što je sve trenutno moguće. Vedran preporučuje knjige: Material World: A Substantial Story of Our Past and Future, Ed Conway (pijesak, sol, bakar, željezo, nafta, litij) The Perfect Weapon: War, Sabotage, and Fear in the Cyber Age, David Sanger (cyber) This Is How They Tell Me The World Ends, Nicole Perlorth (cyber) The Coming Wave: Technology, Power, and the Twenty-First Century's Greatest Dilemma, Mustafa Suleyman (o revoluciji u kojoj smo sada) Off Menu: The Secret Science of Food and Dining, Nell McShane Wulfhart (samo Audible, jako zanimljivo za ekipu koja voli klopati) Dosta Adam Granta - Originals, Think Again (broadly, leadership) How the World Really Works: How Science Can Set Us Straight on Our Past, Present and Future, Vaclav Smil (facts, facts, facts :)) Chip War: The Quest to Dominate the World's Most Critical Technology, Chris Miller (a must za svakoga u tehnologiji) Never Finished: Unshackle Your Mind and Win the War Within, David Goggins (možda malo granična, ali jako dobra priča o pomicanju ljudskih granica, iako David Goggins ima jaaaaako puno problema kao osoba) Flying Blind: The 737 MAX Tragedy and the Fall of Boeing, Peter Robison (za napraviti Boeing 737 treba manje od 9 dana, a random fact, izvrsna knjiga o promjeni kulture i utjecaju toga; imam puno tih povezanih s avijacijom, tehnologijom etc, ali ova je nekako poslovno zanimljiva također) Outlive: The Science and Art of Longevity, Peter Attia MD, Bill Gifford (najdraža mi knjiga 2023.) The Culture Map, Erin Meyer (za increasingly global way of working, the business book koju mislim da svatko treba imati, poklonio sam ih barem 30 ljudima) A General Theory of Love, Thomas Lewis, Fari Amini (divna, jedina ovdje koja ima veze sa neuroznanoscu, da ne gnjavim previse) Podcasti: Another Podcast, Ben Evans (geek, ultra mega pametan) Prof G pod, Scott Galloway (tu i tamo, uglavnom jer pratim tržista kapitala) Acquired (duboke, duboke price o raznim biznisima, fascinantno - epizode o npr. Nvidia, Nike, Microsoft) Huberman Lab (sve su top) Epizodu je sponzorirao Microsoft Hrvatska. Citat dana: Freedom means the opportunity to be what we never thought we would be.Daniel J. Boorstin Tri načina kako slušati podcast Kako slušati podcast u autu koji nema Mp3 player Top lista najslušanijih epizoda
Henry Hazlitt's The Failure of the New Economics remains the best criticism of J.M. Keynes's General Theory.Original Article: Hazlitt Against Keynes on Unemployment and Wages: A Lesson for Modern Macroeconomics
Henry Hazlitt's The Failure of the New Economics remains the best criticism of J.M. Keynes's General Theory. Narrated by Millian Quinteros.
THE KEYNESIANISM DEBATE CONTINUES: 3/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. 1914
THE KEYNESIANISM DEBATE CONTINUES: 4/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. 1926 HYDE PARK
THE KEYNESIANISM DEBATE CONTINUES: 1/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. 1889 MANCHESTER
THE KEYNESIANISM DEBATE CONTINUES: 2/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. 1902 DUBLIN
PREVIEW: Keynesianism: From a conversation later tonight with author Nicholas Wapshott re the debate in the pages of Newsweek in the 1960s between those who believe Keynes theory of spending as an answer to recession (Paul Samuelson) vs those who believe spending causes inflation which contributes to underperformance(Milton Friedman). Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. 1925 Calvin Coolidge (not a Keynesian) throws out the first ball of the season.
What causes business cycles? Keynesians say the cycles happen because the free market economy does not spend enough. Thus, pump spending in. Additionally, Keynesians say that animal spirits cause these cycles. Government must fix things. Nobody could understand Keynes' General Theory. What was simply obscure was wrongly considered deep. Keynes linked national income with employment, by assuming wage rates are fixed downward. Although Keynes wrote of balanced budgets, there were only deficits. Part six of seven from Introduction to Economics: A Private Seminar with Murray N. Rothbard. This informal seminar with Murray N. Rothbard was recorded in Toronto, Ontario, on 4 September 1983. Special thanks to Don Morrison for making these recordings available.
Melvyn Bragg and guests discuss the man who, in 1905, produced several papers that were to change the world of physics and whose name went on to become a byword for genius. This was Albert Einstein, then still a technical expert at a Swiss patent office, and that year of 1905 became known as his annus mirabilis ('miraculous year'). While Einstein came from outside the academic world, some such as Max Planck championed his theory of special relativity, his principle of mass-energy equivalence that followed, and his explanations of Brownian Motion and the photoelectric effect. Yet it was not until 1919, when a solar eclipse proved his theory that gravity would bend light, that Einstein became an international celebrity and developed into an almost mythical figure. With Richard Staley Professor in History and Philosophy of Science at the University of Cambridge and Professor in History of Science at the University of Copenhagen Diana Kormos Buchwald Robert M. Abbey Professor of History and Director and General Editor of The Einstein Papers Project at the California Institute of Technology And John Heilbron Professor Emeritus at the University of California, Berkeley Producer: Simon Tillotson Reading list: Ronald W. Clark, Einstein: The Life and Times (first published 1971; HarperPaperbacks, 2011) Albert Einstein (eds. Jurgen Renn and Hanoch Gutfreund), Relativity: The Special and the General Theory - 100th Anniversary Edition (Princeton University Press, 2019) Albert Einstein, Out of My Later Years (first published 1950; Citadel Press, 1974) Albert Einstein (ed. Paul A. Schilpp), Albert Einstein: Philosopher-Scientist: The Library of Living Philosophers Volume VII (first published 1949; Open Court, 1970) Albert Einstein (eds. Otto Nathan and Heinz Norden), Einstein on Peace (first published 1981; Literary Licensing, 2011) Albrecht Folsing, Albert Einstein: A Biography (Viking, 1997) J. L. Heilbron, Niels Bohr: A Very Short Introduction (Oxford University Press, 2020) Walter Isaacson, Einstein: His Life and Universe (Simon & Schuster, 2008) Max Jammer, Einstein and Religion (Princeton University Press, 2002) Michel Janssen and Christoph Lehner (eds.), The Cambridge Companion to Einstein (Cambridge University Press, 2014) Dennis Overbye, Einstein in Love: A Scientific Romance (Viking, 2000) Abraham Pais, Subtle Is the Lord: The Science and the Life of Albert Einstein (Oxford University Press, 1982) David E. Rowe and Robert Schulmann (eds.), Einstein on Politics: His Private Thoughts and Public Stands on Nationalism, Zionism, War, Peace, and the Bomb (Princeton University Press, 2007) Matthew Stanley, Einstein's War: How Relativity Triumphed Amid the Vicious Nationalism of World War I (Dutton, 2019) Fritz Stern, Einstein's German World (Princeton University Press, 1999) A. Douglas Stone, Einstein and the Quantum: The Quest of the Valiant Swabian (Princeton University Press, 2013) Milena Wazeck (trans. Geoffrey S. Koby), Einstein's Opponents: The Public Controversy About the Theory of Relativity in the 1920s (Cambridge University Press, 2014)
Melvyn Bragg and guests discuss the man who, in 1905, produced several papers that were to change the world of physics and whose name went on to become a byword for genius. This was Albert Einstein, then still a technical expert at a Swiss patent office, and that year of 1905 became known as his annus mirabilis ('miraculous year'). While Einstein came from outside the academic world, some such as Max Planck championed his theory of special relativity, his principle of mass-energy equivalence that followed, and his explanations of Brownian Motion and the photoelectric effect. Yet it was not until 1919, when a solar eclipse proved his theory that gravity would bend light, that Einstein became an international celebrity and developed into an almost mythical figure. With Richard Staley Professor in History and Philosophy of Science at the University of Cambridge and Professor in History of Science at the University of Copenhagen Diana Kormos Buchwald Robert M. Abbey Professor of History and Director and General Editor of The Einstein Papers Project at the California Institute of Technology And John Heilbron Professor Emeritus at the University of California, Berkeley Producer: Simon Tillotson Reading list: Ronald W. Clark, Einstein: The Life and Times (first published 1971; HarperPaperbacks, 2011) Albert Einstein (eds. Jurgen Renn and Hanoch Gutfreund), Relativity: The Special and the General Theory - 100th Anniversary Edition (Princeton University Press, 2019) Albert Einstein, Out of My Later Years (first published 1950; Citadel Press, 1974) Albert Einstein (ed. Paul A. Schilpp), Albert Einstein: Philosopher-Scientist: The Library of Living Philosophers Volume VII (first published 1949; Open Court, 1970) Albert Einstein (eds. Otto Nathan and Heinz Norden), Einstein on Peace (first published 1981; Literary Licensing, 2011) Albrecht Folsing, Albert Einstein: A Biography (Viking, 1997) J. L. Heilbron, Niels Bohr: A Very Short Introduction (Oxford University Press, 2020) Walter Isaacson, Einstein: His Life and Universe (Simon & Schuster, 2008) Max Jammer, Einstein and Religion (Princeton University Press, 2002) Michel Janssen and Christoph Lehner (eds.), The Cambridge Companion to Einstein (Cambridge University Press, 2014) Dennis Overbye, Einstein in Love: A Scientific Romance (Viking, 2000) Abraham Pais, Subtle Is the Lord: The Science and the Life of Albert Einstein (Oxford University Press, 1982) David E. Rowe and Robert Schulmann (eds.), Einstein on Politics: His Private Thoughts and Public Stands on Nationalism, Zionism, War, Peace, and the Bomb (Princeton University Press, 2007) Matthew Stanley, Einstein's War: How Relativity Triumphed Amid the Vicious Nationalism of World War I (Dutton, 2019) Fritz Stern, Einstein's German World (Princeton University Press, 1999) A. Douglas Stone, Einstein and the Quantum: The Quest of the Valiant Swabian (Princeton University Press, 2013) Milena Wazeck (trans. Geoffrey S. Koby), Einstein's Opponents: The Public Controversy About the Theory of Relativity in the 1920s (Cambridge University Press, 2014)
Tonight we explore the strange reality of Einstein's General Theory of Relativity and what it means for 3 dimensional beings born into a 4 dimensional Universe. It predicts our birth from a singularity in an expanding Universe, the contraction of space at the speed of light, and both black holes and the infinite time dilation at their horizon. It's bizarre that space truly compresses and time actually slows down deep inside gravitational wells and near the speed of light. We literally observe supernovae billions of light years away exploding at half their normal speed. So let's find out about the history and basics of relativity. ▸ Want to leave a tip or connect?: Video credits: Carrol and Ostlie (textbook I used): https://amzn.to/3QtiABm TNG Simulations https://www.tng-project.org/media/ NASA/STSci/ESA Davis and Lineweaver (2003) https://arxiv.org/abs/astro-ph/0310808 Nolan, C. (2014). Interstellar. Paramount Pictures. The Eagle Simulation, Durham University https://youtu.be/Fim6dWJhxz4 Doppler Shifts, Prof. Richard Pogge, The Ohio State University https://youtu.be/xCTUgpwuP0I 2 Hour Jupiter time lapse with Io transit, https://youtu.be/EBBhvY8ZRwE Relativity 110d: Cosmology - FLRW Geodesics, Cosmological Redshift, Horizons, Comoving Coordinates, https://youtu.be/OxkY4Wqdpp8 Relativity 103a: Galilean Relativity - Spacetime Diagrams, https://youtu.be/powCBsDOa8U How Fast Is It - 03 - Special Relativity (4K), https://youtu.be/IyxX8LAvkdQ Dr. David Bradstreet (Eastern University), Ole Roemer and the Speed of Light, https://youtu.be/XNJw0B1o8cQ Mythbusters, Soccer ball shot from a truck Time Stamps: 0:00 Relativity and the expanding Universe (intro) 5:54 Galileo and Roemer discover light isn't infinitely fast (1600's) 19:55 The mystery of the constant speed of electromagnetic field waves 32:17 Galileo discovered relativity 50:26 Einstein discovers Special Relativity 1:11:39 Time dilation and space contraction 1:33:08 Galaxy redshifts and expansion 2:16:24 General Relativity (gravity now explained by relativity) 2:57:41 Light cones (future and past causality) 3:12:21 Relativity in Cosmology: discovery of expanding spacetime #educational #letsfindout #ASMR #relaxing #space #science
Photo: No known restrictions on publication. @Batchelorshow #Debating Systemic Risk again: 1/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.
Photo: No known restrictions on publication. @Batchelorshow #Debating Systemic Risk again: 2/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.
Photo: No known restrictions on publication. @Batchelorshow #Debating Systemic Risk again: 3/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.
Photo: No known restrictions on publication. @Batchelorshow #Debating Systemic Risk again: 4/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.
Photo: No known restrictions on publication. Morgan interior @Batchelorshow 3/4: Samuelson Friedman: The Battle Over the Free Market by Nicholas Wapshott (Author) https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market/dp/0393285189/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr= In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.
Photo: No known restrictions on publication. Bankers Trust Building 1912 @Batchelorshow 4/4: Samuelson Friedman: The Battle Over the Free Market by Nicholas Wapshott (Author) https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market/dp/0393285189/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr= In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.
Photo: No known restrictions on publication. Morgan interior @Batchelorshow 2/4: Samuelson Friedman: The Battle Over the Free Market by Nicholas Wapshott (Author) https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market/dp/0393285189/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr= In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.
Photo: No known restrictions on publication. Demolition of J.P. Morgan offices 23 Wall Street, May 1923. @Batchelorshow 1/4: Samuelson Friedman: The Battle Over the Free Market by Nicholas Wapshott (Author) https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market/dp/0393285189/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr= In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.
Photo: No known restrictions on publication. @Batchelorshow 2/4: On the eve of the Recession Of 2023: 2/4: Samuelson Friedman: The Battle Over the Free Market, by Nicholas Wapshott https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles.