Podcasts about Hayek

Why do so many intellectuals despise the market that sustains them? Ralph Raico weighs Hayek's theory of "scientism" against Schumpeter's portrait of a resentful, over-produced intelligentsia—and finds both wanting, pointing instead to the harder puzzle: why capitalism's most successful intellectuals are so often its fiercest critics.Excerpted from chapter 3 of Classical Liberalism and the Austrian School.

Bob uses U.S. economic history, centering on the greenback era, to work through some subtle but important distinctions in Austrian monetary theory. He also addresses whether free-market economies have a natural tendency toward price deflation under a commodity standard, why the stock-versus-flow distinction matters for understanding gold production and the price level, and how to distinguish "bad" policy-induced monetary deflation from the "good" price deflation that accompanies genuine productivity growth.Related:Patrick Newman, "The Depression of 1873-1879: An Austrian Perspective": Mises.org/HAP558aClarence Long, "The Course of Money Wages during 1860-1890": Mises.org/HAP558bBob's Understanding Money Mechanics: Mises.org/HAP558cBob's Article, "Hayek's Plan for Private Money": Mises.org/HAP558dThe Charts Shown in this Episode: Mises.org/HAP558e

Bob uses U.S. economic history, centering on the greenback era, to work through some subtle but important distinctions in Austrian monetary theory. He also addresses whether free-market economies have a natural tendency toward price deflation under a commodity standard, why the stock-versus-flow distinction matters for understanding gold production and the price level, and how to distinguish "bad" policy-induced monetary deflation from the "good" price deflation that accompanies genuine productivity growth.Related:Patrick Newman, "The Depression of 1873-1879: An Austrian Perspective": Mises.org/HAP558aClarence Long, "The Course of Money Wages during 1860-1890": Mises.org/HAP558bBob's Understanding Money Mechanics: Mises.org/HAP558cBob's Article, "Hayek's Plan for Private Money": Mises.org/HAP558dThe Charts Shown in this Episode: Mises.org/HAP558e

Adam Haman returns to help Bob give a loving yet forceful pushback against Darryl Cooper's discussion (on the Jim Webb podcast) of US labor history.Mentioned in the Episode and Other Links of Interest:The YouTube version of this episode.Darryl's appearance on the Jim Webb podcast.This episode's sponsor, the Scott Horton Academy.Patrick Newman's article on the Crash of 1873. A pro-union description of the 1877 railway strike. The price level from 1860-1939. Ben Powell talk on sweatshops. George Selgin's book Less Than Zero. Hayek's collection Capitalism and the Historians.The HamanNature substack.Help support the Bob Murphy Show.

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

In this episode of Liberty + Leadership, Roger Ream sits down with Christopher Coyne, professor of economics at George Mason University and TFAS faculty member, to discuss his new book, “Austrian Economics: An Introduction”, co-authored with Abigail Hall.Roger and Christopher explore the origins and enduring relevance of the Austrian School of economics, tracing its development from Carl Menger and Ludwig von Mises to F.A. Hayek and Israel Kirzner. Together, they discuss subjective value, economic calculation, entrepreneurship, spontaneous order and the role prices play in helping individuals coordinate activity in a complex and changing world.The conversation also examines why central planning fails, whether artificial intelligence changes the calculation problem and how Austrian economics can help students understand contemporary debates over industrial policy, government intervention, economic development and human flourishing. These ideas remain essential for understanding markets, preserving individual freedom and preparing the next generation to think seriously about economic life.The Liberty + Leadership Podcast is hosted by TFAS president Roger Ream and produced by Podville Media. If you have a comment or question for the show, please email us at podcast@TFAS.org. To support TFAS and its mission, please visit TFAS.org/support.Support the show

"I used to think eugenics had died out after the Second World War. I no longer believe that, unfortunately." — Rebecca SearMost of us think of eugenics as a horror confined to the past. It isn't. This episode examines the worrying re-emergence of eugenics and scientific racism, from discredited claims about race and intelligence to the far-right money funding them, and asks how we defend good science against bad-faith actors. Along the way, Rebecca overturns another myth, that the isolated nuclear family is "traditional", and explains why demographers are far calmer about falling birth rates than the headlines suggest.Our guest is Professor Rebecca Sear, an evolutionary behavioural scientist and demographer at Brunel University London, where she directs the Centre for Culture and Evolution. She is co-founder of the European Human Behaviour and Evolution Association and a Fellow of the British Academy.In this conversation we cover:The re-emergence of eugenics and biological essentialism, and how old ideas are being repackaged for a modern audienceRichard Lynn's discredited national IQ database, the far-right money behind scientific racism, and how to spot bad-faith scienceWhy cooperative childrearing is the human norm, and how "population panic" over falling fertility has been used to justify real human rights abusesIn this conversation we cover:Why cooperative childrearing is the human norm, and what the "male breadwinner" nuclear family gets wrongWhy demographers are not panicking about falling fertility, and how "population panic" has been used to justify real human rights abusesThe modern resurgence of eugenics and scientific racism, from Richard Lynn's discredited national IQ database to how to spot bad-faith scienceLINKS & REFERENCESRebecca SearBluesky: https://bsky.app/profile/rebeccasear.bsky.socialLinkedIn: https://www.linkedin.com/in/rebecca-sear-8183551Sear, R. (2021) The male breadwinner nuclear family is not the 'traditional' human family. Philosophical Transactions of the Royal Society B 376: 20200020. https://doi.org/10.1098/rstb.2020.0020Sear, R. (2021) Demography and the rise, apparent fall and resurgence in eugenics. Population Studies 75(Suppl 1): 201-220. https://doi.org/10.1080/00324728.2021.2009013Samorodnitsky, Bird, Carlson, Lingford, Phillips, Sear & Townsend (2024) Journals should retract Richard Lynn's racist 'research' articles. STAT. https://www.statnews.com/2024/06/20/richard-lynn-racist-research-articles-journals-retractions/Mentioned in this episodeSarah Hrdy (2009) Mothers and Others: The Evolutionary Origins of Mutual Understanding. https://www.hup.harvard.edu/books/9780674060326Quinn Slobodian (2025) Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. https://press.princeton.edu/books/ebook/9781890951931/hayeks-bastardsThe Guardian / Hope not Hate investigation into a US-funded 'race science' network (October 2024). https://www.theguardian.com/world/2024/oct/16/revealed-international-race-science-network-secretly-funded-by-us-tech-bossSend us Fan MailSupport the showSupport Humanism Now & Join Our Community!Follow @HumanismNowPod | YouTube | TikTok | Instagram | Facebook | Threads | X.com | BlueSkyHumanism Now is produced by Humanise Live a podcast production agency based in London, serving charities, companies, and individuals across the globe.Contact us to get starting in podcasting today at humanise.live or hello@humanise.liveMusic: Blossom by Light PrismPodcast transcripts are AI-generated and may contain errors or omissions. They are provided to make our content more accessible, but should not be considered a fully accurate record of the conversation.

-The Fifth Column whiskey racket begins-Matt moves during a heat wave… Peter Meijer reports for duty-Meijer, class traitor, explains the pied-à-terre tax-Mayor Mamdani balances the budget, if you ignore the bailout-Kmele gets Hayek'd-Machine politics was bad, but graduate student politics is worse.-Bannon's old Leninist fantasy, now available in DSA packaging-Kamala Harris genuflects toward Mamdani-world-MAGA wants the factories back. The robots have other ideas.-Ro Khanna's children: landed gentry-Midterm Madness, Rocky Mountain High-Melat Kiros justifies 9/11-Scott Wiener gets yelled at for insufficient revolutionary fervor-Stalinism, but make it customer-facing-The revolution will be staffed by PhD candidates-Speaking of revolution: happy birthday, AmericaPrefer to watch & chat live with other members of the Fifdom? This episode premieres over on our YouTube channel at 12PM EST.The Fifth Column (A Podcast) is a viewer/listener supported publication. To receive new posts and support our work, consider becoming a free or paid subscriber.Follow The Fifth ColumnYouTube: @wethefifthInstagram: @we.the.fifthX: @wethefifthTikTok: @wethefifthFacebook: @thefifthcolumn This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.wethefifth.com/subscribe

As technology and AI grow more sophisticated, people commonly believe that they also are eliminating uncertainty. Nothing could be further from the truth.Original article: https://mises.org/mises-wire/why-history-refuses-stay-planned

As technology and AI grow more sophisticated, people commonly believe that they also are eliminating uncertainty. Nothing could be further from the truth.Original article: https://mises.org/mises-wire/why-history-refuses-stay-planned

In this eye-opening episode, we dive into one of the most alarming environmental health discoveries of our time: microplastics are infiltrating our brains—and the implications for cognitive health may be profound. Our conversation with Dr. Matt Campen, a distinguished professor and toxicologist, and Dr. Eliane El Hayek, an assistant professor at the forefront of microplastic research helps us unravel the science behind how these tiny plastic particles enter our bodies, cross the blood-brain barrier, and potentially contribute to neurological decline. From the water we drink to the air we breathe, microplastics are everywhere—and emerging research suggests they may be accumulating in brain tissue at concerning levels. Our guests explain the latest findings, the potential mechanisms of harm, and what this means for dementia risk and brain health across the lifespan. 

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

Murray N. Rothbard was a system builder in the mode of Ludwig von Mises, Frank H. Knight, and F. A. Hayek. Social, economic, and political problems are intertwined and complex and require a grand theory to address them. For Rothbard, the unifying theme of social theory was liberty.Original article in The Misesian: https://mises.org/misesian/murray-n-rothbard-toward-science-liberty

Murray N. Rothbard was a system builder in the mode of Ludwig von Mises, Frank H. Knight, and F. A. Hayek. Social, economic, and political problems are intertwined and complex and require a grand theory to address them. For Rothbard, the unifying theme of social theory was liberty.Original article in The Misesian: https://mises.org/misesian/murray-n-rothbard-toward-science-liberty

What if the reason your leadership breaks under pressure has nothing to do with skill — and everything to do with your brain?

Kohei Saito, Christoph Sorg and Jan Groos discuss democratic planning in the 21st century.  Future Histories LIVE. This episode is part of the ‘Future Histories LIVE' format. For this, individual episodes are recorded live – that is, in front of an audience – at irregular intervals. This episode is the live recording of a book launch and discussion event that took place on June 11, 2026 at the NACHTASYL Hamburg:  https://www.thalia-theater.de/de/stuecke/creative-construction-and-the-struggle-over-progress-democratic-planning-in-the-21st-century/361 The video recording of the event can be found on our Youtube-Channel:  https://www.youtube.com/channel/UCfRFz38oh9RH73-pWcME6yw Shownotes  Sorg, C. & Groos, J. (2026). Creative Construction. Demokratische Planung im 21. Jahrhundert. Brumaire.  https://brumaireverlag.myshopify.com/products/creative-construction Saito, K. (2026). Am Ende des Fortschritts. Überleben in den Ruinen des Kapitalismus. dtv. https://www.dtv.de/buch/am-ende-des-fortschritts-28534 NACHTASYL Hamburg and Thalia Theater:  http://nachtasyl.de/ https://www.thalia-theater.de/de on Friedrich von Hayek:   https://geschichte.univie.ac.at/de/personen/friedrich-august-von-hayek Saito, K. (2023). Systemsturz. dtv.     https://www.dtv.de/buch/systemsturz-28369 Cédric Durand at the University of Geneva:  https://www.unige.ch/sciences-societe/dehes/membres/cedric-durand Philipp Staab at Humboldt University Berlin:  https://www.sowi.hu-berlin.de/de/lehrbereiche/zukunftarbeit/mitarbeiter_innen/pstaab Jacob Blumenfeld with Critical Theory in Berlin:  https://criticaltheoryinberlin.de/people/jacob-blumenfeld/ on the Dark Enlightenment (or Neo-Reactionary) movement:  https://en.wikipedia.org/wiki/Dark_Enlightenment https://www.populismstudies.org/Vocabulary/dark-enlightenment/ Curtis Yarvin coined the term as Blogger under the pseudonym Mencius Moldbug:  https://en.wikipedia.org/wiki/Curtis_Yarvin Nick Land summarised Yarvin's theories in a book:  https://en.wikipedia.org/wiki/Nick_Land Linus Westheuser and ‘climate populism': https://linuswestheuser.com/ Westheuser, L. & Siebert, J. (2025). Warum wir Klimapopulismus brauchen. Surplus.   https://www.surplusmagazin.de/warum-wir-einen-klimapopulismus-brauchen/ For the chapters on ‘models' by Jakob Heyer, Stefan Meretz and Simon Sutterlütti see:  https://brumaireverlag.myshopify.com/products/creative-construction on Karl Polanyi:  International Karl Polanyi Institute (2019). Karl Polanyi. Life and Works of an Epochal Thinker. Falter.  https://www.karlpolanyisociety.com/ Benanav, A. (2025). Beyond Capitalism I-II. New Left Review.  https://newleftreview.org/issues/ii153/articles/aaron-benanav-beyond-capitalism-1 https://newleftreview.org/issues/ii154/articles/aaron-benanav-beyond-capitalism-2 Herrmann, U. (2024). Das Ende des Kapitalismus. Warum Wachstum und Klimaschutz nicht vereinbar sind – und wie wir in Zukunft leben werden. Kiepenheuer & Witsch.  https://www.kiwi-verlag.de/buch/ulrike-herrmann-das-ende-des-kapitalismus-9783462007015 Neckel, S. (2022). Infrastruktursozialismus: Die Bedeutung der Fundamentalökonomie. In Kapitalismus und Nachhaltigkeit (Ed. S. Neckel, P. Degens, S. Lenz). Campus.  https://www.researchgate.net/publication/362107108_Infrastruktursozialismus_Die_Bedeutung_der_Fundamentalokonomie on Claus Offe and the 'legitimation crisis': Offe, C. (1986). Strukturprobleme des kapitalistischen Staates: Aufsätze zur Politischen Soziologie. Suhrkamp. https://www.amazon.de/Strukturprobleme-kapitalistischen-Staates-Politischen-Soziologie/dp/3518105493 Krippner, G. R. (2012). Capitalizing on Crisis. The Political Origins of the Rise of Finance. Harvard University Press. https://www.hup.harvard.edu/books/9780674066199 Menon, N. (2024). Planning Democracy. How a Professor, an Institute, and an Idea Shaped India. Penguin India.   https://www.penguin.co.in/book/planning-democracy/ Blumenfeld, J. P. (2024). Managing Decline. Cured Quail (3).  https://www.academia.edu/121062536/Managing_Decline Mau, S. (2023). Mute Compulsion. A Marxist Theory of the Economic Power of Capital. Verso.  https://www.versobooks.com/products/2759-mute-compulsion?srsltid=AfmBOooxWbwMWcWT7UUqrlpAT2yXYPK6B5TSR59_IAoxYR_lp_wpSTgf Struwe, A. (2025). Totalität. Marx, Adorno und das Problem kritischer Gesellschaftstheorie. Verbrecher Verlag.  https://www.verbrecherverlag.de/shop/totalitaet/ on Nancy Fraser and the question on ‘demos' (exemplary):  Fraser, N. (2005). Reframing Justice in a Globalizing World. New Left Review.  https://newleftreview.org/issues/ii36/articles/nancy-fraser-reframing-justice-in-a-globalizing-world Rikap, C. (2025). A Progressive Roadmap for Expanding European Digital Sovereignty. Policy Brief. FEPS.  https://feps-europe.eu/publication/a-progressive-roadmap-for-expanding-european-digital-sovereignty/ Related Episodes of Future Histories S03E59 | Cédric Durand on Ecological Planning  https://www.futurehistories.today/episoden-blog/s03/e59-cedric-durand-on-ecological-planning/ S03E53 | Philipp Staab zur Systemkrise   https://www.futurehistories.today/episoden-blog/s03/e53-philipp-staab-zur-systemkrise/ S02E15 | Jakob Heyer zu Grundproblemen einer postkapitalistischen Produktionsweise (Teil 2) https://www.futurehistories.today/episoden-blog/s02/e15-jakob-heyer-zu-grundproblemen-einer-postkapitalistischen-produktionsweise-teil-2/ S02E14 | Jakob Heyer zu Grundproblemen einer postkapitalistischen Produktionsweise (Teil 1) https://www.futurehistories.today/episoden-blog/s02/e14-jakob-heyer-zu-grundproblemen-einer-postkapitalistischen-produktionsweise-teil-1/ S03E51 | Aaron Benanav - Beyond Capitalism II  https://www.futurehistories.today/episoden-blog/s03/e51-aaron-benanav-beyond-capitalism-ii/ S03E50 | Aaron Benanav - Beyond Capitalism I  https://www.futurehistories.today/episoden-blog/s03/e50-aaron-benanav-beyond-capitalism-i/ S02E58 | Søren Mau on Planning and Freedom https://www.futurehistories.today/episoden-blog/s02/e58-soren-mau-on-planning-and-freedom/   — Future Histories Contact & Support If you like Future Histories, please consider supporting us on Patreon: https://www.patreon.com/join/FutureHistories Contact: office@futurehistories.today Instagram: https://www.instagram.com/futurehpodcast/ Mastodon: https://mstdn.social/@FutureHistories English webpage: https://futurehistories-international.com   Episode Keywords #KoheiSaito, #ChristophSorg, #JanGroos, #Interview, #BookEvent, #FutureHistories, #Hamburg, #Planning, #Capitalism, #Socialism, #DarkSocialism, #Economics, #ClimateChange, #ClimateBreakdown, #Democracy, #BigTech, #WartimePlanning, #DemocraticPlanning, #State, #Collapse, #Market, #Investment, #Progress, #Future, #FutureHistoriesInternational    

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

El escritor liberal analiza el futuro de la región y desmonta los mitos totalitarios en su nueva obra, ‘Nazi-Comunismo'. Iberoamérica vive uno de sus momentos políticos más intensos y polarizados de las últimas décadas. Presidentes que generan pasiones globales, batallas ideológicas sin cuartel y países que oscilan entre el colapso y la transformación radical. Además, se suman las recientes elecciones en Colombia y en Perú, así como el fenómeno que causa el presidente argentino, Javier Milei. Esta semana, en Economía para Quedarte sin Amigos, contamos con Axel Kaiser, escritor, pensador liberal, abogado, profesor universitario y presidente de la Fundación para el Progreso de Chile, para analizar el mapa político del continente y presentar su libro Nazi-comunismo, publicado por Editorial Deusto, en el que defiende que nazismo y comunismo son dos caras de la misma moneda. Apoyándose en fuentes primarias, muchas de ellas solo disponibles en alemán, Kaiser argumenta que el nazismo y el marxismo-leninismo comparten cinco elementos esenciales. "La gente no va a poder creer cómo la identidad ideológica criminal del marxismo es la misma que tiene el nazismo", señala Kaiser, que también recuerda que los propios Mises y Hayek ya advirtieron de ello. Que el mismo Mussolini llevara una medalla de Karl Marx en el bolsillo durante años, o que Hitler tomara ideas directamente de Marx para incorporarlas a su matriz ideológica, son datos que el libro documenta con precisión y que explican por qué la descalificación fácil de "facho" sigue siendo una herramienta para cerrar debates.Música Esta semana, la protagonista de nuestra selección musical es el grupo hispano-argentino Los Rodríguez. Y estos son los temas que hemos escuchado: "Sin Documentos" "Para No Olvidar" "Mucho Mejor" "Dulce Condena"

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

In this episode, Alex speaks with Matt Zwolinski about whether markets are coercive, and why the answer is more complicated than either “markets are voluntary” or “capitalism is coercion.” They discuss Robert Hale's classic argument, the limits of standard libertarian responses, and why a better liberal defence of markets has to take real-world coercion seriously without treating all coercion as morally equal. References: Matt Zwolinski, “Are markets coercive?” Robert L. Hale, “Coercion and Distribution in a Supposedly Non-Coercive State” Thomas Nixon Carver, Principles of National Economy Sohrab Ahmari, Tyranny, Inc.: How Private Power Crushed American Liberty—and What to Do About It F. A. Hayek, The Constitution of Liberty Thanks to our patrons, including Kris Rondolo, Amy Willis, and Christopher McDonald. To support The Curious Task, visit: https://patreon.com/curioustask

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

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

Er legt sich lieber mit Investoren an, statt Leute zu entlassen – und hat gemeinsam mit der Luxusmarke Audemars Piguet den wohl größten Hype der Uhren-Geschichte kreiert. Doch bevor Nick Hayek im OMR Podcast dazu kommt, zündet er erstmal genüsslich eine Zigarre an. Dann spricht der Swatch-Group-Chef über… ... die Royal-Pop-Kollaboration von Swatch und Audemars Piguet, Prügeleien vor den Stores und einen besorgten Anruf vom französischen Innenminister ... Konkurrenten von Rolex bis Apple – und warum er weder vor der Schweizer Luxusmarke noch vor der Smartwatch aus Cupertino Angst hat. ... seinen Knallhart-Kurs bei Promi-Geschenken: Ja, sogar VIPs müssen in den Swatch-Shop, wenn sie eine Uhr kaufen wollen ... Ach ja, eine eigene KI hat sein Unternehmen natürlich auch ausgetüftelt und der Chef von Marken wie Swatch, Omega und Tissot findet: Klappt besser als mit ChatGPT. Und falls du dich jetzt fragst: Hat der sie noch alle? Hör selbst…

How does a free, decentralized, volunteer-run encyclopedia produce something more trusted than nearly any for-profit institution? Luigi Zingales and Bethany McLean sit down with Wikipedia co-founder Jimmy Wales to explore how the platform organizes global knowledge.  The conversation unpacks how Wikipedia governs itself without a central authority, why consensus beats voting, and what the deliberate vagueness of its rules actually protects against. But is artificial intelligence a looming threat to this system? Wales questions whether these new technologies can actually verify truth without the human feedback loops that correct traditional platforms.  Can the community-driven approach of Wikipedia teach the broader business world how to survive an era of deep digital skepticism? Tune in to discover if spontaneous human order is truly the ultimate defense against an automated future. Connect with us:

The fiat money system has survived the Great Inflation, the global financial crisis, and a pandemic. But can it survive digital currencies?Bitcoin and the blockchain solved a genuine problem in computer science: how to stop people spending the same money twice. Forty years of successful inflation control means central bank money is stable; that is the stability in stablecoins, attempting to solve the volatility problem. What's next? What if the unit of account itself were indexed to consumer prices? Digitalisation might finally make that approach viable at scale. Price stability, by design.Will we still need cash? Maybe not now, But if you never use it, it may not be there if the blackout comes.The research behind this episode:Stracca, Livio. 2025. Redefining the Monetary Standard in the Digital Age: Digital Innovations and the Future of Monetary Policy. Springer Nature.To cite this episode:Phillips, Tim, and Livio Stracca. 2026. "Redefining the monetary standard." VoxTalks Economics (podcast). Assign this as extra listening. The citation above is formatted and ready for a reading list or VLE.About the guestLivio Stracca is Deputy Director General for International and European Relations at the European Central Bank, where he has worked for more than two decades. His research spans monetary economics, international finance, and the implications of digitalisation for central banking, with extensive work on exchange rates, capital flows, and the architecture of the international monetary system. Research cited in this episodeThe double-spend problem. The fundamental challenge in any decentralised digital payment system: how to prevent a participant from spending the same unit of money twice when there is no trusted central authority to verify transactions. Bitcoin's 2008 white paper offered an innovative solution by making the transaction ledger public, cumulative, and computationally expensive to rewrite. The trade-off is that transparency sacrifices privacy; every transaction is visible to all participants in the network.The blockchain. A distributed ledger in which transactions are grouped into sequential blocks, each cryptographically linked to the one before. Reversing any transaction requires rewriting every subsequent block, which demands enormous computational effort. This design solves the double-spend problem in a decentralised network but makes the system slow and costly to operate at scale.The payment trilemma. A framework discussed in the episode and in Stracca's book: any digital payment system can optimise for at most two of three properties simultaneously (universal access, security against fraudulent transactions, and privacy). Cash is the only instrument that escapes the trilemma; digital systems must accept a trade-off among the three, and the choice is often made implicitly by the designer of the system rather than through democratic deliberation.Hayek, Friedrich A. 1976. Denationalisation of Money. London: Institute of Economic Affairs. The classic argument for currency competition: let currencies compete freely and the one providing the most stable prices will win. Economists, including Milton Friedman, largely rejected the proposal on the grounds that money exhibits strong network externalities; the more people use a currency, the more attractive it becomes to the next user, producing a natural tendency towards monopoly. A formal modern revisitation, finding similar conclusions, is Fernández-Villaverde, Jesús, and Daniel Sanches. 2019. "Can Currency Competition Work?" Journal of Political Economy 127 (3): 1017 to 1058.Irving Fisher's compensated dollar. A proposal published in Fisher, Irving. 1913. "A Compensated Dollar." Quarterly Journal of Economics 27 (2): 213–235 (the same year the Federal Reserve was created). Fisher argued for a dollar whose purchasing power was held constant by adjusting its gold content in line with prices. The mechanical details of his proposal are no longer relevant, but its animating idea (indexing the unit of account to a price level) has gained new plausibility in a digital context.The Unidad de Fomento. Chile's inflation-indexed unit of account, in operation since 1967 and updated daily against the consumer price index. It is used widely in long-term contracts, including mortgages, and functions as a security that can be traded. Stracca cites it as evidence that an indexed monetary standard is operationally feasible, and as a prototype for what a digital equivalent might look like at larger scale.The Great Moderation. The period of low and stable inflation in advanced economies running roughly from the mid-1980s until the inflation episode of 2021 to 2023. Economists attribute it to improved monetary policy frameworks, particularly central bank independence, inflation targeting, and (crucially, in Stracca's account) the introduction of interest on reserves, which gave central banks precise control over the short-term interest rate without draining liquidity. Stracca treats the Great Moderation as the benchmark against which any proposed reform of the monetary standard must be judged.Programmable money. A form of digital money in which payment is conditional on an independently verifiable event, potentially confirmed by a machine rather than a human intermediary. Example: a payment that executes automatically when a delivery is confirmed by a sensor. Decentralised ledgers make such conditional payments technically straightforward; traditional banking systems can approximate them but with far greater friction. Stracca notes significant enthusiasm for programmable money but also real scepticism about whether the benefits outweigh the complexity in practice.More VoxTalks Economics episodesStablecoins and Global Imbalances, Gilles Moëc explains why we can think of stablecoins as a radical macroeconomic experiment that has arrived at exactly the moment the US external position is showing signs of stress.Can blockchain decentralise money, contracts, and finance? Bruno Biais on blockchain's potential, its flaws, and its future.Do stablecoins threaten financial stability? Richard Portes thinks so.

Stay Ahead of the Comms Curve! As discussed in this week's news review, modern public relations requires a bold, adaptive approach to narrative building and corporate communication. To ensure your skills remain razor-sharp in an evolving digital landscape, don't miss PRmoment's AI in PR Masterclass. Learn how to ethically and effectively leverage cutting-edge artificial intelligence tools to supercharge your campaigns, streamline insights, and manage modern brand reputations.

Listen to the full episode In this contribution to an ongoing co-host conversation, Matthew argues that the liberal centre's habit of punching left is a historically conditioned class strategy. From FDR's New Deal—designed to inoculate capitalism against socialism—through Hayek, Buckley, the Birchers, Limbaugh, and the Obama-era "socialist medicine" smear, liberals have accepted the premises of Red Scare attacks, because doing so served their own interest in disciplining the actual left.  The result is a Ratchet Effect that pulls discourse perpetually rightward, and a narrowing of the Overton window to convert anticapitalist politics into psychological pathology.  When the liberal centre engineers conditions in which no structural challenge to capitalism is rational, it can caricature the resulting conflict as hysteria, cultishness, and immaturity. There's also a gendered dynamic going on here, in which the leftist is unreasonable, nitpicky, always demanding too much, focused on minutiae but also big feelings, and always missing the “big picture”. Sometimes the only real division between right wing and liberal responses to the left is the difference between outright hatred and resentful dismissal.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Today I am delighted to talk with Quinn Slobodian and Ben Tarnoff about their new book, Muskism: A Guide for the Perplexed. This is much more than a biography or popular account of Elon Musk, it is a radical analysis of a deeply disturbing, computational way of seeing the world.  We see a mind that is profoundly troubled by any contagion spreading into seemingly closed systems—it can take the form of racial others, transpeople, “woke” populations, or most generally and dismissively, “Non-Player-Characters.” We talk about the dangers this mindset and its manifestations have on democracy and the public sphere, and argue that what we should do is to “embrace the woke-mind virus as a counter-revolutionary act.”Quinn Slobodian is professor of international history at the Frederick S. Pardee School of Global Studies at Boston University. His books, which have been translated into ten languages, include Globalists: The End of Empire and the Birth of Neoliberalism, Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy, and Hayek's Bastards: Race, Gold, IQ and the Capitalism of the Far Right . His most recent book, co-authored with Ban Tarnoff, Muskism: A Guide for the Perplexed.  Slobodian is a Guggenheim Fellow for 2025-6; he has been an associate fellow at Chatham House and held residential fellowships at Harvard University and Free University Berlin. Project Syndicate put him on a list of 30 Forward Thinkers and Prospect UK named him one of the World's 25 Top Thinkers.Ben Tarnoff is a writer from Massachusetts. He is the co-author, with Quinn Slobodian, of Muskism: A Guide for the Perplexed.  

While he was never mentioned in West German economic textbooks, his name figured prominently in Commie East Germany. In one of these textbooks, you could also find some detailed criticisms of Western, so-called bourgeois economics and economists, among them Friedman and Hayek, but in particular also Mises, who was singled out as the most wrongheaded, dangerous, and detestable of them all.

The Neuroscience of Resilience: Building Pressure-Proof Leadership with Claire HayekIn a recent episode of The Thoughtful Entrepreneur Podcast, host Josh Elledge sat down with Claire Hayek, the founder of mspteambuilding.ca, neuro-leadership expert, and host of The Neuro Leadership Edge. Claire's unique approach to executive development centers on "mental fitness"—the specialized training required to rewire the brain for calm authority in high-stakes environments. This conversation serves as a strategic masterclass for founders and CEOs who find themselves reacting to the volatility of the market rather than leading through it, offering a neuroscience-backed roadmap for building resilient leadership systems that thrive under pressure.Neuro-Leadership: Shifting from Reactive Stress to Intentional AuthorityThe most significant barrier to effective leadership in high-pressure situations is the biological hardwiring of the human brain. Claire Hayek explains that when stakes are high, the amygdala—the brain's fight-or-flight center—often hijacks the prefrontal cortex, leading to knee-jerk reactions, indecision, or cultural erosion. Mental fitness is the practice of training the brain to override these survival instincts, allowing a leader to remain steady and decisive even when the organization is in crisis. By focusing on neuroplasticity, Claire helps executive teams move away from default stress responses and toward an internal "operating system" that models calm and inspires confidence across the entire workforce.To transition from "firefighting" to intentional authority, leaders must embrace "the power of the pause." Claire advocates for a simple yet transformative neuroscience-backed technique: taking a purposeful one-to-two-second pause followed by deep breathing when pressure mounts. This physical intervention signals the nervous system to shift brain activity back to executive functions, improving clarity and preventing the cultural fallout that occurs when a leader reacts poorly. This practice isn't just about personal composure; it is a strategic leadership tool that influences the collective emotional state of the room, realigning the team toward actionable next steps rather than dwelling on the weight of the stakes.Building a truly pressure-proof organization requires moving beyond traditional social icebreakers and into strategic team development. Claire utilizes hands-on tools like Lego Serious Play to help executive teams co-create protocols and commitments tailored to their unique organizational challenges. This process of co-creation ensures buy-in and alignment, turning resilience from an abstract concept into a repeatable habit. By investing in leadership systems that prioritize mental fitness and functional team building, organizations can avoid the invisible financial losses associated with executive hesitation and poor decision-making, ultimately creating a culture of trust that can weather any storm.About Claire HayekClaire Hayek is the Founder of Mind Soul Purpose (MSP) Team Building and a recognized expert in neuro-leadership. With a background in engineering and a deep fascination with the neuroscience of performance, Claire helps high-level executives and their teams develop the mental fitness required to lead through rapid change. She is the host of The Neuro Leadership Edge podcast and is dedicated to transforming corporate cultures through hands-on, strategic development programs.About MSP Team BuildingMSP Team Building is a leadership development firm that specializes in building resilient, functional teams for global organizations. Moving beyond superficial social events, the company uses science-backed methodologies to help executive teams design customized leadership operating systems. Through workshops, assessments, and ongoing coaching, MSP Team Building delivers a measurable ROI by improving decision-making, retention, and organizational innovation in high-pressure environments.Links Mentioned in This EpisodeMSP Team Building Official Website: mspteambuilding.caClaire Hayek on LinkedIn: linkedin.com/in/clairehayek/Key Episode HighlightsMental Health vs. Mental Fitness: Understanding why training your brain for performance is just as critical as maintaining your well-being.The Amygdala Hijack: How stress overrides rational decision-making and the neuroscience-backed ways to reclaim your prefrontal cortex.The Power of the Pause: A simple 1-2 second method to calm the nervous system and restore executive function during a crisis.Strategic Team Building: Moving beyond icebreakers to co-create leadership protocols that build real functional trust.The Cost of Hesitation: Identifying the invisible losses that occur when a leader freezes under pressure.ConclusionThe conversation with Claire Hayek highlights that leadership excellence is a byproduct of self-management under stress. By understanding the neuroscience of the brain and implementing intentional "mental fitness" practices, leaders can replace reactive chaos with calm authority, fostering a resilient team culture capable of navigating any business challenge.More from The Thoughtful Entrepreneur

On this episode of Virtual Sentiments, Kristen Collins speaks with Henry Farrell about AI, democracy, and political economy. Farrell argues that large language models are best understood not as emerging individual intelligences, but as “social technologies” that process and reorganize vast stores of human cultural information, much like markets, bureaucracies, and democracies process knowledge. The conversation explores deliberative democracy, civil society, Silicon Valley, AI regulation, and the risks of treating politics as an optimization problem. Farrell emphasizes the messiness of democratic life as essential to resisting authoritarianism and building a better future.Henry Farrell is the SNF Agora Professor of International Affairs at Johns Hopkins School of Advanced International Studies. He is the author of various books, including Underground Empire: How America Weaponized the World Economy (Henry Holt and Co., 2023) and Of Privacy and Power: The Transatlantic Fight over Freedom and Security (Princeton University Press, 2019), both coauthored with Abraham Newman, as well as The Political Economy of Trust: Institutions, Interests, and Inter-Firm Cooperation in Italy and Germany (Cambridge University Press, 2009).**This episode was recorded on January 7, 2026**Show Notes:Virtual Sentiments | State Capture and the Meaning of Democracy with Samuel BaggHenry Farrell's Substack, Programmable MutterHenry Farrell and Abraham Newman, The Enshittification of American Power (Wired, 2025)Henry Farrell and Hahrie Han, AI and Democratic Publics (Knight First Amendment Institute, 2025)Farrell, Gopnik, Shalizi, and Evans, Large AI models are cultural and social technologies (Science, 2025)Farrell, Mercier, and Schwartzberg, Analytical Democratic Theory: A Microfoundational Approach (APSR, 2022)Farrell, Where Trump is Vulnerable and How to Act on It (New York Times, 2025)Farrell, The Same Old Fantasies Behind AI and New Technology (Lawfare, 2025)Herbert A. Simon, The Sciences of the Artificial (The MIT Press, 1970)F.A. Hayek, The Use of Knowledge in Society (Liberty Fund, 2013)Cosma Shalizi, The Singularity in Our Past Light-Cone (Three-Toed Sloth, 2010)Andrew Lentini, Reimagining Democracy in the Age of AI (SNF Agora, 2024)Hugo Mercier and Dan Sperber, Why do humans reason? Arguments for an argumentative theory (BBS, 2011)North, Wallis, and Weingast, Violence and Social Orders (Cambridge University Press, 2009)Cory Doctorow, The Bezzle: A Martin Hench Novel (Tor Books, 2025)If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatus

Catherine Gu has always been at the center of the shift toward the decentralization of money, a transformation that was once theoretical but is now actively reshaping global financial markets through stablecoins and on-chain infrastructure.Inspired in part by Hayek's vision of competing private forms of money, Catherine's work sits at the intersection of that idea and its real-world implementation. As Head of Product for Digital Assets at the Solana Foundation, she is helping build what is increasingly viewed as the internet capital market, where speed, scale, and global access redefine how value moves. Before joining Solana, she was one of the earliest members of Visa's crypto team, where she spent years bridging traditional finance and blockchain and leading the development of tokenized asset infrastructure designed for financial institutions.In this conversation, Ari and Catherine trace that journey and explore what it means for the future of financial markets. We discuss why Solana has emerged as a critical platform for stablecoin activity, what it means to embed compliance and trust into infrastructure from the outset, and how performance, liquidity, and developer resilience are shaping the next phase of institutional adoption.This is no longer a debate about whether money will evolve. It is a conversation about how that evolution is being built in real time.

Bob responds to a new working paper from the Geo-chartalism project, which claims to offer a complete theory of the price level by combining insights from Menger, Cantillon, and Warren Mosler. Bob argues that the paper overlooks a crucial prior contribution: Mises' regression theorem, developed in The Theory of Money and Credit, which already solved the circularity problem in monetary theory that the paper claims required Mosler to resolve. Along the way, Bob also explains chartalism, Georgism, and Mises's explanation of the absolute price level.Related:Bob's Paper Critiquing Kevin Carson's Studies in Mutualist Political Economy: Mises.org/HAP548aGeorge Charles, “The Mosler-Cantillon-Menger Synthesis”: Mises.org/HAP548bMMT vs. Austrian School Debate: Mises.org/HAP548cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Bob responds to a new working paper from the Geo-chartalism project, which claims to offer a complete theory of the price level by combining insights from Menger, Cantillon, and Warren Mosler. Bob argues that the paper overlooks a crucial prior contribution: Mises' regression theorem, developed in The Theory of Money and Credit, which already solved the circularity problem in monetary theory that the paper claims required Mosler to resolve. Along the way, Bob also explains chartalism, Georgism, and Mises's explanation of the absolute price level.Related:Bob's Paper Critiquing Kevin Carson's Studies in Mutualist Political Economy: Mises.org/HAP548aGeorge Charles, “The Mosler-Cantillon-Menger Synthesis”: Mises.org/HAP548bMMT vs. Austrian School Debate: Mises.org/HAP548cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Sometimes, even intellectual heavyweights like Jonah Goldberg can't make out what's going on on the other side of the aisle. Finding himself in need of an interpreter, Jonah turns to Atlantic columnist Tyler Austin Harper for a liberal-inflected look at Hasan Piker, the uses of Marxism, name-checking, human nature, the increasing appeal of the Butlerian Jihad, evolution, taboos, the failures of centrism, limits, and much, much more. Show Notes:—Last Remnant with Tyler Austin Harper—Time to Say Goodbye Pod—Jonah's Los Angeles Times column—Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right—The United States of Paranoia: A Conspiracy Theory—Jonah's underrated second book—The Rest Is History—Britain in the 70s The Remnant is a production of ⁠The Dispatch⁠, a digital media company covering politics, policy, and culture from a non-partisan, conservative perspective. To access all of The Dispatch's offerings—including access to all of Jonah's G-File newsletters—⁠click here⁠. If you'd like to remove all ads from your podcast experience, consider becoming a premium Dispatch member ⁠by clicking here⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dom, ILL, and Q pull up on Desperado (1995) — Robert Rodriguez's stylish, gun-blazing sequel in the Mexico Trilogy.Starring Antonio Banderas as the legendary El Mariachi and Salma Hayek in her breakout role, this film delivers nonstop action, wild shootouts, and that signature Rodriguez flair.The crew breaks down:The over-the-top action and shootout scenesEl Mariachi as an action heroSalma Hayek's standout performanceThat slick 90s style and energyDoes Desperado still hit like a classic, or is it all style over substance? Tap in and see where the crew lands00:00:00 Non Desperado related00:26:59 Desperado review 01:02:11 Wrap up notes01:10:48 Next week Films

Everyone has an opinion about Elon Musk, who has carved out a uniquely powerful place for himself in the worlds of auto-making, space launch, social media  and even government. But beyond Musk the individual, what do his corporate maneuvers and embrace of authoritarian, anti-humanitarian and white supremacist ideologies tell us about the direction of our society? As Musk's high-stakes lawsuit against Open AI's Sam Altman begins in Oakland this week, we  talk to Ben Tarnoff and Quinn Slobodian about their new book, “Muskism: A Guide for the Perplexed.” Guests: Quinn Slobodian, professor of international history, Boston University; author, "Globalists," "Crack-Up Capitalism," "Hayek's Bastards." Ben Tarnoff, co-author, "Muskism: A Guide for the Perplexed;" author, "Internet for the People: The Fight for Our Digital Future" Learn more about your ad choices. Visit megaphone.fm/adchoices

Bob sits down with researcher Robert Aro to review his recent Mises.org article on why the widely anticipated post-QT crash never materialized. They trace the answer back to the Fed's reverse repo facility, which quietly injected trillions back into the financial system even as the official balance sheet was shrinking, and what the depletion of that buffer might mean for what comes next.Related:Robert's Power & Market Post, "Why the Crash Was Delayed": Mises.org/HAP547aBob's Article, “The Inverted Yield Curve and Recession”: Mises.org/HAP547bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Bob sits down with researcher Robert Aro to review his recent Mises.org article on why the widely anticipated post-QT crash never materialized. They trace the answer back to the Fed's reverse repo facility, which quietly injected trillions back into the financial system even as the official balance sheet was shrinking, and what the depletion of that buffer might mean for what comes next.Related:Robert's Power & Market Post, "Why the Crash Was Delayed": Mises.org/HAP547aBob's Article, “The Inverted Yield Curve and Recession”: Mises.org/HAP547bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Bob sits down with macro researcher Luke Gromen of Forest for the Trees to discuss the cascading supply chain consequences of a closed Strait of Hormuz. They also touch on why gold is already supplanting the dollar as the world's premier reserve asset, and what the surge in U.S. gold exports over the past five months tells us about where the global monetary order is heading.The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Dr. Mark Thornton, Senior Fellow at the Mises Institute and Austrian economist, returns to the show to deliver a sweeping macro warning rooted in Austrian business cycle theory. After 16 years of Fed-fueled boom, he argues we are somewhere in the middle of a cycle that ends in crisis. He unpacks the Cantillon Effect and its direct link to the K-shaped economy, explains why gold is both a canary in the coal mine and a personal financial fire extinguisher, and makes the case that the petrodollar is unraveling in real time — pushing us further down what he calls "the highway to hyperinflation." Despite the dark outlook, Dr. Thornton closes with genuine optimism: Austrian economics is experiencing a rebirth, and the bottom-up solutions it champions are resonating louder than ever.LinksX: https://x.com/DrMarkThorntonFree Hayek book: https://store.mises.org/Hayek-for-the-21st-Century-P11367.aspxMises Institute: https://mises.org/profile/mark-thorntonTimestamps: 0:00 Intro and welcome Dr. Mark Thornton 1:24 – 16 years of boom: What the Fed has really been doing 3:45 – The K-shaped economy and who's actually winning 6:32 – Where are we in the cycle? Signposts that worry him most 8:17 – Private equity, private credit & "sequestered capital" 10:20 – How Dr. Thornton discovered Austrian economics 7:57 – The Cantillon Effect explained: Who gets new money first 20:48 – The Skyscraper Index: Record buildings predict crises 23:25 – Bubbles, billionaires & trillion-dollar fortunes 25:23 – Federal Reserve outlook: Rate cuts off the table? 27:15 – Kevin Warsh, the Fed's "real mandate" & what they won't admit29:40 – Gold, silver & oil: What precious metals are telling us now 31:30 – Gold as a "canary in the coal mine" AND a "fire extinguisher" 37:02 – Are gold and silver going much higher from here? 38:24 – Why record stock markets are actually dangerous 40:45 – The highway to hyperinflation: Has anything changed? 44:46 – The end of the petrodollar and US reserve currency status 47:16 – BRICS, crypto & the unraveling of dollar dominance 49:39 – The Middle East war's hidden impact on food, fertilizer & global supply chains 53:46 – Where to find the Mises Institute & parting thoughts

Mises described the problem, Hayek proposed the direction, Kirzner explains why the market will not stop. And the market, as so many times before, has already found the first step.Original article: https://mises.org/mises-wire/ex-nihilo-no-more

Abdullah Hayek returns to give us an in-depth analysis of the Iran war. He breaks down the positions and goals of the three major players, the Lebanon side of the conflict, how the  conflict is affecting neighboring Arab states and the rest of the world, and how this conflict is likely to affect and change the Middle East in the months and years to come.   Side note: This episode was recorded on Monday, April 6th, before the ceasefire began.   Follow Abdullah's work on X: https://x.com/ahayek99?s=21&t=S8JoQpY3m4n6bFrTo8tLrg 00:00:00 Intro and where the war stands now 00:04:45 Why Iran wants to drag other nations in 00:09:30 How Gulf populations are reacting 00:12:45 The Strait of Hormuz strategy 00:18:30 Europe's angle and Ukraine leverage 00:23:30 What is America actually trying to do? 00:35:30 Why Israel expanded into Lebanon 00:42:15 Is there any path to peace? 00:48:15 Could Gulf states escalate the conflict? 00:55:00 Could Iranians rise up against the regime? 00:57:15 What liberty in the Middle East would really require Watch All Episodes: https://www.youtube.com/playlist?list=PLi78svKlBr_8o0dDOX8DxO_Wwxu6WYhhA Watch Host Favorites: https://www.youtube.com/playlist?list=PLi78svKlBr__Zu40RL7mWxCuOOe54zgy2

After his recent Zero Hedge debate with MMT co-founder Randall Wray, Bob takes a deep dive into the sectoral balance approach. He explains why the MMT argument is technically a tautology, how it's deeply misleading, and why the private sector doesn't need government deficits to save, invest, and accumulate real wealth.Related:Is Paying Down Government Debt Bad for the Economy?: Mises.org/HAP545aBob's Article, "Does History Show Government Debt Paydown Causes a Crash?": Mises.org/HAP545bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Cody Cook welcomes Eamonn Butler, British economist and co-founder/director of the Adam Smith Institute, for a timely discussion marking the 250th anniversary of Adam Smith's seminal work, An Inquiry into the Nature and Causes of the Wealth of Nations (published March 9, 1776). Butler, author of primers on Hayek, Friedman, and Mises, shares insights from his work studying and promoting the ideas of Adam Smith.The conversation explores Smith's enduring legacy as the father of modern economics, rooted in the Scottish Enlightenment. Butler explains how The Theory of Moral Sentiments (Smith's earlier work on virtue, sympathy, empathy, and justice) underpins The Wealth of Nations, showing that self-interest in markets—when guided by moral foundations like trust and honesty—produces social harmony via the famous "invisible hand." Rather than benevolence alone, we get our bread from the baker's self-interest, yet this serves society beneficially.Smith's revolutionary ideas shine through: the division of labor (illustrated by his pin factory example boosting productivity dramatically), national wealth as productive capacity (not hoarded gold), the benefits of free trade, opposition to tariffs, monopolies, and mercantilism (which he saw as cronyism enriching the few at others' expense), and limited government to prevent corruption and rent-seeking.Butler also addresses common misconceptions: early capitalism Smith opposed slavery not just morally but economically, arguing it stifles incentives and efficiency. He contrasts this with critics like Thomas Carlyle, who dubbed economics the "dismal science" in defense of hierarchy and authoritarianism. The episode tackles modern critiques from both left and "new right," defending self-interest (prudent and long-term) against charges of short-sighted selfishness, and refuting claims that markets idolize materialism or erode meaning—pointing to how prosperity enables philanthropy, education, leisure, and cultural flourishing.Smith's framework rejects the "man of system" (central planners treating people like chess pieces), favoring emergent order from individual actions under justice. Butler highlights real-world successes: globalization and market liberalization since the 1990s have nearly eradicated extreme poverty for billions, far outperforming decades of socialism.The discussion ties Smith's ideas to Christian liberty, noting his deistic leanings, regular churchgoing, and emphasis on virtue. It compares the 1776 publications: The Wealth of Nations (providing a blueprint for prosperity and freedom) vs. the Declaration of Independence (asserting independence), with Butler arguing Smith's work has greater long-term impact on liberty.This episode offers a refreshing, faith-informed defense of free markets, countering cronyism and statism while celebrating Smith's vision of human flourishing through competition, trust, and voluntary exchange. Perfect for libertarians, Christians, and anyone interested in economics' moral foundations—especially timely in 2026.Links:The Adam Smith InstituteThe Wealth of NationsThe Theory of Moral SentimentsAudio Production by Podsworth Media - https://podsworth.com Use code LCI50 for 50% off your first order at Podsworth.com to clean up your voice recordings and also support LCI!Full Podsworth Ad Read BEFORE & AFTER processing:https://youtu.be/vbsOEODpQGs  ★ Support this podcast ★

This week, Bob explains Cantillon effects: the insight that new money doesn't raise all prices equally or simultaneously, but flows through the economy in a sequence that benefits early recipients at the expense of everyone else. Then, he shows why this phenomenon is the foundation on which the entire Austrian theory of the business cycle is built.Related:Richard Cantillon, An Essay on Economic Theory: Mises.org/HAP544aThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Bob untangles two arguments that even Austrian economists sometimes conflate: Mises' calculation problem and Hayek's knowledge problem. Then, he explains why the distinction matters, especially in light of recent claims that AI and modern computing could finally make central planning viable.Related:Bob's Article, "Socialism: The Calculation Problem Is Not the Knowledge Problem": Mises.org/HAP543aThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

In memory of Roger Garrison, Bob walks through Garrison's famous capital-based macroeconomics diagrams, showing how they translate the Mises-Hayek theory of the boom-bust cycle into the language of modern macroeconomics.Related:Roger Garrison, The Austrian Theory of the Business Cycle: Mises.org/HAP542aRoger Garrison, Austrian Macroeconomics: A Diagrammatical Exposition: Mises.org/HAP542bThe Diagrams Referenced in the Podcast: Mises.org/HAP542cDr. Garrison's PowerPoints: Mises.org/HAP542dThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Not since the Marquis de Lafayette's triumphant 1824 tour of the United States has a return been more welcome than Yuval Levin's to The Remnant. After greeting our patriot hero with laurels and kisses, Jonah Goldberg sets Yuval up for a philosophical tour de force, covering the president's war powers, cultural and institutional change, education in republicanism, the effects of new technology on our Constitutional order, the Scottish Enlightenment, rationalism vs. reason, Hayek vs. Burke, and the new right in the post-Trump world. Show Notes:—Yuval's book, American Covenant—AEI's First Branch Society—Allen Guelzo on The Remnant—Register for LSU's 2026 John Breaux Symposium The Remnant is a production of ⁠The Dispatch⁠, a digital media company covering politics, policy, and culture from a non-partisan, conservative perspective. To access all of The Dispatch's offerings—including access to all of Jonah's G-File newsletters—⁠click here⁠. If you'd like to remove all ads from your podcast experience, consider becoming a premium Dispatch member ⁠by clicking here⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

In commemoration of Murray Rothbard's 100th birthday, Bob shares five “greatest hits” from Rothbard's economics, covering deficits vs. inflation, monopoly theory, excess capacity, the time structure of production, and his reconstruction of utility and welfare economics.Related:Rothbard, Making Economic Sense: Mises.org/HAP541aRothbard, "Toward a Reconstruction of Utility and Welfare Economics": Mises.org/HAP541bRothbard, Man, Economy, and State with Power and Market: Mises.org/HAP541cBob's Study Guide to Man, Economy, and State with Power and Market: Mises.org/HAP541dJoin the Mises Institute on Saturday, April 25 in San Diego, CA to discuss California's fall from grace. Today, it's known for high taxes, bureaucrats, and leftwing billionaires. Is this a warning to the rest of America? Register now at Mises.org/CAHAPThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree