Podcasts about keynesian

Episode: 2562 Paul Samuelson and the textbook Economics.  Today, a book that helped educate the world.

On this special episode of Minor Issues, Mark Thornton shares his recent interview with Darrell Thomas on VRIC Media. Mark explains how Keynesian ideas normalized chronic deficits and a debt-financed state. They discuss tariffs and policy volatility, how inflation has been partly masked by cheap imports, and why distorted price signals hit entrepreneurs and small businesses hardest. The conversation also covers rising interest costs, pressure for renewed yield-curve suppression, and what it all implies for gold, silver, and commodities.The original episode is available at https://www.youtube.com/watch?v=eI9Y-lITpnQPurchase a Minor Issues tumbler today! https://mises.org/MinorIssuesTumblerBe sure to follow Minor Issues at https://Mises.org/MinorIssues

Alex Howlett, an independent scholar affiliated with The Greshm Institute, discusses Universal Basic Income (UBI). Beginning with Modern Monetary Theory (MMT), an offshoot of post-Keynesianism, he addresses its key principles: notably Keynes' belief that the Great Depression was caused by a deficiency in aggregate demand, leading to sustained involuntary unemployment that the market could not self-correct. Howlett deflates Keynesian theory that assumes that economic policy aims for full employment, asking, “To what extent actually does it make sense for people to be workers?” while explaining that labour is not the most effective or efficient way to get money to people. Howlett sees UBI as solving this problem of distributing money to people while dispensing with the need to ensure that everyone has a job, dispelling the notion that only if every single person is working can an economy run at full capacity. Assessing some of the major criticisms of UBI—from fiscal feasibility, economic incentives, and social justice—he responds to the fears of inflation, worries that borrowing will lead to reckless fiscal policy and a loss of central bank independence, or that UBI would dismantle already established welfare programmes. Responding to counter-arguments to UBI, such as the claim that the economy will not have the labour pool it requires or that people won't be working as much, Howlett turns these arguments on their head demonstrating how the demand for labour is artificially inflated as a way of getting people jobs, noting the historical overstimulation of the financial sector to encourage firms to borrow so they hire workers. Howlett contends that with UBI, the economy does not have to play into the push and pull of labour supply and demand, stating, “You hear this fear that people aren't going to work as much at the same time that you hear this fear that there aren't going to be enough jobs available, right? It's like, well, wait a minute…. Isn't it good if those things kind of go together?” Get full access to Savage Minds at savageminds.substack.com/subscribe

Welcome back to Impact Theory with Tom Bilyeu. In today's episode, we're joined by economist Peter St-Onge, whose remarkable journey began with early investment success, only to be wiped out in the 2000 dot-com crash and lead him to reinvent himself as a bartender in Japan and eventually earn a PhD in economics. Together, Tom Bilyeu and Peter St-Onge dive deep into the mechanics behind market booms and busts—from dot-com to the rise of AI—exploring how economic forces like Federal Reserve policies, tariffs, regulations, and the ever-controversial debate between Keynesian and Austrian economics shape our financial landscape. You'll hear Peter St-Onge break down why asset holders consistently come out ahead, discuss the looming threats and unlikely contenders to the US dollar as the world's reserve currency, and weigh in on the real impact of government intervention. If you've ever wondered how to invest wisely in today's volatile market, see through the headlines, or navigate a system that seems rigged for the rich, this episode offers rare clarity—and actionable advice—for surviving and thriving in uncertain times. Stay tuned as we untangle the web of economic forces affecting us all and provide the insights you need to make legendary moves. Follow Peter St-Onge:X (Twitter): https://twitter.com/profstongeSubstack: https://profstonge.substack.com What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Quince: Free shipping and 365-day returns at https://quince.com/impactpodShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactBlocktrust IRA: Get up to $2,500 funding bonus to kickstart your account at https://tomcryptoira.comAquaTru: 20% off your purifier with code IMPACT https://aquatru.com Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/TheoryPique: 20% off at https://piquelife.com/impact Cape: 33% off your first 6 months with code IMPACT at https://cape.co/impact Plaud: Get 10% off with code TOM10 at https://plaud.ai/tom AI bubble, dot-com crash, Federal Reserve, interest rates, Austrian economics, Keynesian economics, money printing, inflation, stock market, business cycles, regulation, tariffs, US national debt, global reserve currency, gold standard, BRICS currency, quantitative easing, asset values, K-shaped economy, boom-bust cycle, deglobalization, trade barriers, manufacturing in the US, economic forces, store of value, economic recession, liquidity, federal government spending, bailouts, central banking Learn more about your ad choices. Visit megaphone.fm/adchoices

SHOW SCHEDULE 2-13-20261909 BENGAL1.Jeff Bliss discusses Governor Newsom's mixed popularity in California, highlighting failures in housing affordability, rising homelessness, and the costly, delayed high-speed rail project undermining his national ambitions.2.Jeff Bliss reports on Las Vegas's growth as Californians relocate there, the continued success of In-N-Out Burger, and the irony of California's beautiful weather amidst persistent economic troubles.3.Jeff Bliss and Brandon Weichert debate the AI boom, predicting a market correction followed by a second wave where robotics and AI integration fundamentally transform the global economy.4.Conrad Black reflects on former Prime Minister Stephen Harper's conservative achievements and analyzes current leader Pierre Poilievre's similar but more comprehensive vision to rescue Canada's stagnating economy.5.Veronique de Rugy of the Mercatus Center analyzes tensions between the President and the Federal Reserve, warning against fiscal dominance where political pressure regarding debt forces the Fed to lower rates.6.Jim McTague describes Lancaster County's freezing tundra weather, inflation impacting Valentine's Day sales, and a significant financial windfall for local government from a new data center.7.Michael Munger reviews George Selgin's book False Dawn, arguing that regime uncertainty from FDR's arbitrary New Deal policies hindered investment and actually prolonged the Great Depression.8.Michael Munger explains how post-WWII economic recovery defied Keynesian predictions of doom due to the removal of government controls and a massive release of pent-up consumer demand.9.Josh Rogin discusses the trade conflict between the US and India, noting that tariffs were used as leverage regarding Russian oil and Modi's diplomatic de-risking from Washington.10.Josh Rogin analyzes the reopening of trade between Washington and Delhi, suggesting India is returning to a non-aligned strategy despite improved relations and adjusted tariff rates.11.Bill Roggio and Caleb Weiss of the Long War Journal discuss a sophisticated Islamic State drone attack on an airfield in Niger, highlighting security failures by the Russian Africa Corps that replaced US forces.12.Bill Roggio and Caleb Weiss provide updates on Somalia including relative success against Al-Shabaab leadership, while reports confirm Russian deceptive recruitment of Africans for the war in Ukraine.13.Henry Sokolski of the Nonproliferation Policy Education Center analyzes the crumbling Non-Proliferation Treaty, citing Iran's inspection violations and China's nuclear expansion as critical challenges for the upcoming international review conference.14.Henry Sokolski critiques the chaotic government response to a balloon over El Paso, arguing the incident exposes dangerous coordination flaws in America's homeland security apparatus and interagency communication.15.Bob Zimmerman of Behind the Black contrasts SpaceX's routine success with ULA's technical struggles, attributing the booming private space sector and massive investments to a shift toward capitalist models.16.Bob Zimmerman covers ESA's fast-tracked Apophis asteroid mission, a commercial attempt to resÅcue a NASAtelescope, and the contrasting regulatory environments of the UK and New Zealand for space launches.Å

Michael Munger explains how post-WWII economic recovery defied Keynesian predictions of doom due to the removal of government controls and a massive release of pent-up consumer demand.1945 TRUMAN

Last episode, we talked about the brewing conflict between what currently passes for mainstream conservatism and the schizophrenic reactionary Groyper politics of Nick Fuentes. Subscribe on Patreon to support making this show, get premium only episodes, and listen to our entire back catalog. patreon.com/wetwired We wrapped things up with the idea that conservatism has never really bothered to conserve anything. Aside from a few exceptions, most of the time they keep themselves busy fighting culture wars about immigration, civil rights, women's rights, Christianity, and demonizing organized labor. What they keep trying to “conserve” is whatever the status quo power dynamic was when their grandad was a kid.  After the Civil War, they wanted slavery back. Women's suffrage, desegregation—they wanted to get rid of all those things. This isn't the first fight inside conservatism. As part of its periodic reinvention of itself, conservatives have gone back to the political well and dredged up the same slogans more than once. We tied this malleable idea of conservatism in with the evolution of the field of unashamed ideological political economists into what we now think of as the pseudoscience of Economics. At least the political economists were up front about whatever ideological bent they had. If you were a socialist, you'd start with your convictions about socialism being the absolute best way of running society on offer, and they work to come up with an economic theory or plan that made it seem possible. It was honest. By the time the 1800s were wrapping up, that wasn't good enough. Economists wanted to be taken more seriously, so they started dressing the whole thing up like they were doing physics or pure math. They could talk about whatever economic system as if they were describing the laws of nature. That didn't get rid of the ideology, though. It just buried it under metric tons of academic jargon and complicated formulas. After all, what's the difference between modeling a tsunami and a stock market crash? The answer is that the tsunami wasn't caused by Goldman Sachs and JP Morgan. That all brings us around to FDR's New Deal and the era of John Maynard Keynes and what Matt Christman has called his "Keynesian machine for dispensing treats". As many contradictions as Keynes gathered into his economic model, it remains the only proven way to maintain capitalism. To set the tone, David Talbot has a quote in his book The Devil's Chessboard about Bertie Pell, a friend of FDR's who Talbot described as a “full-on traitor to his class”. “I am almost the last capitalist who is willing to be saved by you,” Pell wrote Roosevelt in 1936 in a letter beseeching the president to draft him for the New Deal cause. The following year, Pell wrote again, praising FDR's accomplishments: “Your administration has made possible the continuance of American institutions for at least fifty years. You have done for the government what St. Francis did for the Catholic Church. You have brought it back to the people.” It turns out Pell was eerily correct. Those institutions managed to last just a little longer than 50 years. They are about gone now, though. Our long promised merch is here!! Fly your crypto-leftist flag with our personal love letter to Juan José Arévalo, philosopher and socialist president of Guatemala, and the airline he nationalized. wetwired.printful.me/ Subscribe on Patreon to support making this show, get premium only episodes, and listen to our entire back catalog. patreon.com/wetwired Music:Airglow - Spliff and Wesson (CC-BY)

Thanks for your support! We couldn't do this without you. For more content, early access and the chance to put questions to future guests, join our community on Substack HERE: https://open.substack.com/pub/winstonmarshallIn this episode of The Winston Marshall Show, I sit down with historian and peer Lord Andrew Roberts for a sweeping conversation on Britain after 1945, the defeat of Churchill, and the post-war settlement that shaped the modern world.We begin with why Winston Churchill lost the 1945 general election, despite winning the war, and how promises of state provision, nationalisation, and the Beveridge Report reshaped British politics. Lord Roberts explains how wartime socialism, propaganda, and unrealistic expectations laid the foundations for decades of economic stagnation.The discussion explores Britain's post-war decline, austerity, debt, and the illusion of prosperity created by Lend-Lease, Marshall Plan aid, and Keynesian economics. We examine why Germany and Japan rebuilt faster than Britain, how trade unions and high taxation crippled growth, and why successive governments chose to manage decline rather than confront it.We also discuss immigration, the welfare state, deindustrialisation, and how the failures of the 1945 settlement echo through Brexit, Trump, globalisation, and the collapse of the rules-based international order. Lord Roberts reflects on NATO, the United Nations, American power, and why the West now faces a historic turning point.A wide-ranging and authoritative conversation about history, power, leadership, and whether Britain can rediscover the courage to reverse its long decline.-----------------------------------------------------------------------------------------------------------------------WATCH EXTENDED CONVERSATION HERE: https://open.substack.com/pub/winstonmarshall/p/why-winston-churchill-lost-the-1945?r=18lfab&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true-----------------------------------------------------------------------------------------------------------------------FOLLOW ME ON SOCIAL MEDIA:Substack: https://www.winstonmarshall.co.uk/X: https://twitter.com/mrwinmarshallInsta: https://www.instagram.com/winstonmarshallLinktree: https://linktr.ee/winstonmarshall----------------------------------------------------------------------------------------------------------------------Chapters 00:00 Introduction 02:23 Why did Churchill lose the 1945 Election05:00 Appeasement, Blame & the Conservative Collapse06:34 The Beveridge Report & the Dream of a New Jerusalem10:51 War Socialism, Lend-Lease & National Delusion12:36 Bankruptcy, Austerity & Britain's Financial Reality14:28 Why Germany & Japan Recovered Faster17:24 Keynes, American Loans & Avoiding Collapse22:23 The Marshall Plan & Stopping European Communism24:09 Learning the Wrong Lessons from Victory28:04 Trade Unions, Inflation & the Road to the 1970s33:24 Immigration After the War & Changing Britain39:35 Corelli Barnett & Britain's Long Economic Decline54:43 The Revolt Against the 1945 Settlement1:07:43 Leadership, Thatcher & Britain's Future Hosted on Acast. See acast.com/privacy for more information.

Episode 2740 - NAC is it a miracle? What is Keynesian economics? Who is Nancy Mace? Jelly Rolls weight loss! Don't drink if you're pregnant! Causes of infertility? The war with conservative commentators? Plus much more !

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureThe [CB] are trying to fight back, Trump continues to counter them by using tariffs. They will never learn. Blue states are feeling the economic pain, they are following the globalist plan and they will fail. Trump is changing the economic calculations. Inflation is below 1%. Trump nominates Kevin Warsh to restructure the Fed. The [DS] is panicking. They tried to trap Trump in the Epstein files, that did not work, the other part of the plan is to muddy the waters but this also failed. Trump is now preparing for mass round ups across the country. DHS is purchasing warehouses to hold the illegals. Trump is leading the [DS] down the path of no return. The insurrection is coming and Trump is preparing the counterinsurgency.   Economy   through this very same certification process. If, for any reason, this situation is not immediately corrected, I am going to charge Canada a 50% Tariff on any and all Aircraft sold into the United States of America. Thank you for your attention to this matter! DONALD J. TRUMP PRESIDENT OF THE UNITED STATES OF AMERICA (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/DC_Draino/status/2016988052317409756?s=20   like he did in my First Term. I am confident that Brett has the expertise to QUICKLY fix the long history of issues at the BLS on behalf of the American People. Brett Matsumoto is a Brilliant, Reputable, and Trusted Economist who will restore GREATNESS to the Bureau of Labor Statistics. Congratulations Brett! https://twitter.com/USTradeRep/status/2017747044350280104?s=20      extensive research in the field of Economics and Finance. Kevin issued an Independent Report to the Bank of England proposing reforms in the conduct of Monetary Policy in the United Kingdom. Parliament adopted the Report’s recommendations. Kevin Warsh became the youngest Fed Governor, ever, at 35, and served as a Member of the Board of Governors of the Federal Reserve System from 2006 until 2011, as the Federal Reserve’s Representative to the Group of Twenty (G-20), and as the Board’s Emissary to the Emerging and Advanced Economies in Asia. In addition, he was Administrative Governor, managing and overseeing the Board’s operations, personnel, and financial performance. Prior to his appointment to the Board, from 2002 until 2006, Kevin served as Special Assistant to the President for Economic Policy, and Executive Secretary of the White House National Economic Council. Previously, Kevin was a member of the Mergers & Acquisitions Department at Morgan Stanley & Co., in New York, serving as Vice President and Executive Director. I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best. On top of everything else, he is “central casting,” and he will never let you down. Congratulations Kevin! PRESIDENT DONALD J. TRUMP Warsh has compared Bitcoin favorably to gold as a “sustainable store of value,” indicating a positive view of gold’s role in the financial system.  However, his nomination led to sharp declines in gold and silver prices (e.g., silver fell up to 26% in one day), as markets interpreted him as an inflation hawk who might pursue tighter monetary policy, reducing the appeal of precious metals as inflation hedges.  This reaction stemmed from fears of less dovish Fed actions, which had previously driven gold’s rally amid uncertainty over Fed independence.  Warsh’s broader hawkish stance on inflation aligns with “hard money” principles that could indirectly support gold, but his emphasis on shrinking the Fed’s balance sheet and normalizing policy suggests he prioritizes institutional reform over promoting gold as a standard. Is Kevin Warsh Pro-Sound Money?Yes, Warsh is a strong advocate for sound money principles, emphasizing disciplined, anti-inflationary monetary policy. He views inflation as a “monetary phenomenon” and “a choice” driven by excessive government printing and spending.  As a former Fed Governor, he was often the most hawkish voice, opposing aggressive rate cuts during crises due to inflation risks.  He criticizes the Fed’s “mission creep,” oversized balance sheet, and reliance on quantitative easing (QE), arguing these enable fiscal irresponsibility and distort markets. Warsh calls for “regime change” at the Fed, shifting away from Keynesian models toward rules-based policy that incorporates money supply considerations and reduces interventionism. He stresses credibility, clear rules, and accountability to maintain sound money.   In a 2025 Hoover Institution paper, he advocated scrutinizing monetary policy under a framework that could include constitutional measures for prosperity and idea diffusion. Warsh has been vocal against Powell’s leadership, echoing Trump’s frustrations with high interest rates and calling for “regime change” at the Fed. He has moderated his hawkish stance to support lower rates, arguing AI-driven productivity allows growth without inflation. Credibility and Market Reassurance: Warsh is seen as a “traditional” pick with Fed experience, reassuring investors amid fears of a loyalist appointment that could undermine independence. Trump highlighted Warsh’s ability to deliver lower rates and growth, though some economists note Warsh’s independence could lead to tensions if he prioritizes data over demands. Analysts suggest the pick balances Trump’s desire for cuts with a credible figure. Political/Rights https://twitter.com/EndWokeness/status/2017774819823984722?s=20 Trump Administration Begins Suing Illegal Migrants Who Have Not Self-Deported The Trump administration has begun suing individual illegal migrants for ignoring removal orders and refusing to self-deport back to their home countries, a report says. The administration has filed suit against an illegal migrant living in Virginia, and is seeking $941,114 plus interest, alleging that Marta Alicia Ramirez Veliz has remained in the country despite being told her request for admittance was rejected by a Justice Department appeals panel in 2022, Politico reported. The filing notes that Veliz has refused to pay a $998 per-day fine for the 943 days since she was told to return to her home country, and reveals that Immigration and Customs Enforcement sent her an official notice of her total fine in April. The lawsuit describes Veliz as “an individual and noncitizen residing in Chesterfield County, Virginia,” and does not identify her nationality. source: breitbart.com https://twitter.com/KanekoaTheGreat/status/2017404446230323358?s=20 BREAKING: Disturbing photos in the Epstein files appear to show Prince Andrew on all fours over a woman lying on the ground. https://twitter.com/HansMahncke/status/2017792445979791448?s=20   for everyone, or is connected through some opaque web of professional and personal ties. A supposedly random figure from the squalor of Uganda rises all the way to mayor of New York, only for it to later emerge that his mother is deeply embedded in elite circles. The same pattern shows up again and again. James Comey's daughter just happened to be a lead federal prosecutor on the Epstein case. The judge who presided over the trial of Hillary Clinton's lawyer, the one who helped seed the Russiagate hoax, is married to Lisa Page's lawyer. Page, of course, was involved with Peter Strzok, who is one of the central figures in that same hoax. And to complete the circle, Merrick Garland officiated their wedding. None of this requires conspiracy theories. It requires only acknowledging how small, closed, and self-protecting these elite worlds are. Fix elite incestuousness, and a lot of other problems will disappear on their own. https://twitter.com/KanekoaTheGreat/status/2017734119334232544?s=20 https://twitter.com/KanekoaTheGreat/status/2017474860700877105?s=20   https://twitter.com/CynicalPublius/status/2017762585878069630?s=20 https://twitter.com/KanekoaTheGreat/status/2017694490614763591?s=20   written from Nikolic's perspective. At the time, Nikolic was Gates's top scientific investment advisor. The emails suggest Gates was firing Nikolic in response to marital problems with Melinda. In June 2013, Nikolic emailed Gates and asked if he wanted to go to the “legendary Crazy Horse in Paris” an erotic show, while they were in France. Gates declined, saying he would be too tired and didn't want to take the risk, adding that he might have done it when he was younger. On July 1, 2013, Gates emailed Nikolic: “We should meet on Wednesday to discuss your job. There is going to have to be a transition. I feel very bad about it but I don’t see a way around it.” Nikolic shared these emails with Epstein. Epstein later commented on the Paris erotic show email, writing: “This is pretty bad and might have been the cause of her bad mail in paris.”—apparently referring to Melinda. Nikolic appeared unhappy about being fired while potentially being used as a scapegoat, and he sought greater financial compensation as he prepared to leave and launch his own investment fund. In these emails, Epstein—writing as Nikolic—references alleged knowledge of Gates's extramarital affairs, STDs allegedly contracted from Russian women, and drug use as justification for why Nikolic deserved more money. Taken together, it appears Jeffrey Epstein was drafting or shaping a message for Boris Nikolic that effectively functioned as blackmail, pressuring Bill Gates for financial compensation. It remains unclear whether Nikolic ultimately sent these messages to Gates. However, later emails suggest Gates helped Nikolic launch his next investment fund and maintained a working relationship with him afterward. Epstein later listed Nikolic as a backup executor of his will, indicating the two were close confidants. https://twitter.com/Breaking911/status/2017769194159210784?s=20 Billionaire Reid Hoffman, Who Bankrolled the E. Jean Carroll Lawsuit Against Trump, Is Featured Extensively in the New Epstein Files, Visiting Zorro Ranch and Pedophile Island  Hoffman went to the Island. A man who used his fortune to bankroll a lawsuit against President Donald J. Trump is now featured extensively in the new DOJ-released Jeffrey Epstein documents. The three and a half million documents from the latest – and apparently last – have been released by the DOJ following the approval of the House Resolution 4405, the Epstein Files Transparency Act. Documents from this massive release show the close ties between LinkedIn co-founder Reid Hoffman and the late pedophile. The pair ‘discusses visits to Epstein's infamous private island, his New Mexico ranch, and his New York apartment'. The New York Post reported: “'Reid will spend the night at 71st', according to one email from Hoffman's team included in the latest Justice Department dump of Epstein files, in reference to his Upper East Side townhouse.”   A 2014 memo states that Epstein hosted will have (venture capitalist) Joi Ito and Reid Hoffman on the infamous Zorro Ranch for a weekend. “An email Epstein penned to his assistant Saida Sapieva under the heading ‘Trip to the Island' states: ‘Reid will take a Virgin America Flight from SFO to Fort Lauderdale, departing at 8:20 am, landing at 4:40 pm'. In 2023, Hoffman visited to Epstein's former Caribbean private island, Little St. James, also known as ‘pedophile island', The Post previously reported.” Source: thegatewaypundit.com https://twitter.com/elonmusk/status/2017106848311366064?s=20 https://twitter.com/MikeBenzCyber/status/2017789344103145647?s=20   https://twitter.com/MikeBenzCyber/status/2017772724093849926?s=20     https://twitter.com/elonmusk/status/2017930408650772495?s=20 https://twitter.com/Cernovich/status/2017329765863039432?s=20       Israel had Trump by the balls so much that… Epstein was arrested? Ghislaine Maxwell was arrested? Jean Luc Brunel was arrested? Les Wexner stepped down? NXIVM sex cult ended? And now we're getting those files? These people don't think very hard https://twitter.com/JD_Cashless/status/2017349780922408973?s=20 https://twitter.com/TaraBunner2/status/2017619821634977889?s=20 https://twitter.com/Jordan_Sather_/status/2017399510809645263?s=20 https://twitter.com/TheStormRedux/status/2017789280693735748?s=20 politically. “I didn't see it myself but I was told by some very important people that not only does it absolve me, it's the opposite of what people were hoping – you know, the radical left. Wolff, who's a 3rd rate writer, was conspiring with Jeffrey Epstein to hurt me politically or otherwise…” Don't fall for all the clickbait doomers pushing the anti-Trump narratives. It's all bullshit. Lots of people not looking good though after today's release. Will be interesting to see how this plays out. To muddy the waters is an idiom that means to make a situation, issue, or discussion more confusing, unclear, or complicated—often deliberately. For example: “The politician’s vague statements only muddied the waters during the debate.” It originates from the idea of stirring up mud in water, making it murky and hard to see through. DOGE Geopolitical War/Peace Iran Hits Back At EU: Designates European Armies As ‘Terrorist Entities’ Iran is saying two can play at the West’s game: on Friday the secretary of Iran’s Supreme National Security Council blasted the EU’s decision to designate the Islamic Revolutionary Guard Corps (IRGC) as a “terrorist organization,” warning that Europe’s own militaries would now be viewed through the same lens. “The European Union certainly knows that… the armies of countries that have participated in the European Union’s recent resolution against the Islamic Revolutionary Guard Corps are considered terrorist entities,” Ali Larijani wrote in a post on X. He added bluntly: “Therefore, the consequences of that shall be borne by the European countries that undertook such an action.” However, there’s probably nothing in the way of European military assets for the Islamic Republic to sanction, so this ‘action’ by Tehran will remain largely symbolic. Iran does have assets held in various places of Europe though. EU foreign ministers agreed on Thursday to formally classify the IRGC as a “terrorist organization” and urged member states to implement the designation without delay – after a few longtime holdouts flipped. source: zerohedge.com [DS] Agenda https://twitter.com/rhodeislander/status/2017361344018739231?s=20 https://twitter.com/nicksortor/status/2017331445195211254?s=20   at Place of Worship COUNT 2: 18 U.S.C. § 248(a) (b), § §2(a) – FACE Act: Injure, Intimidate, and Interfere with Exercise of Right of Religious Freedom at a Place of Worship. Full indictment in replies. https://twitter.com/amuse/status/2017755569097003394?s=20 https://twitter.com/RapidResponse47/status/2017426372860190991?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2017426372860190991%7Ctwgr%5Efafd5c6b893c0c4815868b0fd8490482712f780e%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.breitbart.com%2Ft%2Fassets%2Fhtml%2Ftweet-5.html2017426372860190991 Maxine Waters Incites Violent Leftist Rioters in Los Angeles – Threatens ICE, “We're Going to Fight You Every Inch of the Way” (VIDEOS) Far-left Rep. Maxine Waters (D-CA) was in Los Angeles on Friday, inciting her radical left followers to riot against law enforcement before several were arrested.  Rioters were seen hurling objects at shielded federal agents who pushed back with pepper balls and nonlethal munitions. Via ABC 7: Anti-ICE Rioters Clash with Federal Agents and Local Police Outside Los Angeles ICE Facility Eventually, the rioters moved a dumpster toward the entrance of the ICE detention facility and set it ablaze. Over 100 Los Angeles Police officers reportedly responded in riot gear to quell the violence. Multiple videos circulating on social media show Maxine Waters at the front lines of the riot as leftists were told to disperse for surrounding the federal building, trespassing on federal property, and later assaulting federal officers. After pepper spray was deployed, Waters returned to the front of the riot with a mask and continued leading the insurrection. Waters was seen pulling up to the scene early in the day in a black SUV before stepping out to rally her troops, flailing her arms and leading chants of “ICE Out of LA.” Source: thegatewaypundit.com https://twitter.com/DOGEai_tx/status/2017736355665641700?s=20   Martinez's gang alliance pitch isn't just reckless; it's a calculated distraction from ICE's indiscriminate sweeps that tear families apart over paperwork. Federal law requires deportation for specific crimes, yet bureaucrats weaponize broad mandates to meet quotas. The solution? Enforce existing laws precisely, stop manufacturing crises, and end the performative politics that put both officers and communities at risk. President Trump's Plan https://twitter.com/EricLDaugh/status/2017769322723082564?s=20   constitutional dike, It is so ORDERED” – “Feb. 31” doesn’t exist – LinkedIn shows he liked a TDS post about ICE today – Includes a photo of the kid in the order – Unprofessionally antagonistic language WTF?! This is a JUDGE?! @ElonMusk and @NayibBukele were right all along. We can’t have a saved republic until we mass impeach the courts. H/t @BillMelugin_ https://twitter.com/ElectionWiz/status/2017574838143959310?s=20 https://twitter.com/nicksortor/status/2017636699157811696?s=20       one of the safest cities in America – Likewise, numerous other once very dangerous cities! Republicans, don't let these Crooked Democrats, who are stealing Billions of Dollars from Minnesota, and other Cities and States from all over the Country, push you around. They are using this aggressive protest SCAM to obfuscate, camouflage, and hide their CRIMINAL ACTS of theft and insurrection. They should all be in jail. I was elected on Strong Borders, and Law and Order, among many other things. Thank you to Secretary Kristi Noem. Remember, ELECTIONS HAVE CONSEQUENCES!!! PRESIDENT DONALD J. TRUMP     Federal Government Property. There will be no spitting in the faces of our Officers, there will be no punching or kicking the headlights of our cars, and there will be no rock or brick throwing at our vehicles, or at our Patriot Warriors. If there is, those people will suffer an equal, or more, consequence. In the meantime, by copy of this Statement, I am informing Local Governments, as I did in Los Angeles when they were rioting at the end of the Biden Term, that you must protect your own State and Local Property. In addition, it is your obligation to also protect our Federal Property, Buildings, Parks, and everything else. We are there to protect Federal Property, only as a back up, in that it is Local and State Responsibility to do so. Last night in Eugene, Oregon, these criminals broke into a Federal Building, and did great damage, also scaring and harassing the hardworking employees. Local Police did nothing in order to stop it. We will not let that happen anymore! If Local Governments are unable to handle the Insurrectionists, Agitators, and Anarchists, we will immediately go to the location where such help is requested, and take care of the situation very easily and methodically, just as we did the Los Angeles Riots one year ago, where the Police Chief said that, “We couldn't have done it without the help of the Federal Government.” Therefore, to all complaining Local Governments, Governors, and Mayors, let us know when you are ready, and we will be there — But, before we do so, you must use the word, “PLEASE.” Remember that I stated, in the strongest of language, to BEWARE — ICE, Border Patrol or, if necessary, our Military, will be extremely powerful and tough in the protection of our Federal Property. We will not allow our Courthouses, Federal Buildings, or anything else under our protection, to be damaged in any way, shape, or form. I was elected on a Policy of Border Control (which has now been perfected!), National Security, and LAW AND ORDER — That's what America wants, and that's what America is getting! Thank you for your attention to this matter.   PRESIDENT DONALD J. TRUMP he will use DHS/ICE and, if necessary, the US MIL to protect federal property. It sounds like Trump knows something is coming. It sounds like the Dems want DHS/ICE to get caught up in policing these riots, hoping more of their deranged followers take it too far and get shot. Trump is instead going to hold and force local Democrat politicians to police their own riots, or agree to work with him. And if the Dems choose to not police these riots, they will force Trump to use the US MIL to suppress the chaos.  https://twitter.com/unseen1_unseen/status/2017334056292143173?s=20 https://twitter.com/StephenM/status/2017585812599087241?s=20   EXCLUSIVE: Atlanta Field Office Special Agent in Charge Allegedly Removed For Slow-Walking Election Fraud Investigation  Reports are emerging on social media that Paul Brown, the FBI Special Agent in Charge at the Atlanta Field Office, was “forced out of that job earlier this month,” according to MSNOW's Ken Dilanian. According to MSNOW, Brown “was forced out this month after questioning the Justice Department's renewed push to probe Fulton County's role in the 2020 election” after “expressing concern” about “unsubstantiated allegations of voter fraud” in Fulton County. Source: thegatewaypundit.com https://twitter.com/TheStormRedux/status/2017632517596045581?s=20      of evidence that the judge authorized us to collect. And what we're gonna do next is go through the voluminous amounts of information collected and continue our investigation. At this point there's not much more I can say publicly because we have to go through a lot more material. But it was predicated on a finding of probable cause by a judge in Georgia.” Time for people to go to jail! We all watched it stolen in real time, and we're all still pissed off about it! https://twitter.com/TheStormRedux/status/2017201516768026738?s=20  the election safe, and she's done a very good job. And as you know, they got into the votes. You've got a signed judges order in Georgia and you're gonna see some interesting things happening.” We've waited a long time for this. Let's get it. https://twitter.com/JoeLang51440671/status/2017668286196932654?s=20 https://twitter.com/Rasmussen_Poll/status/2017631484908024035?s=20     (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");

On the latest episode of Minor Issues, Mark Thornton shares an in-depth interview with Jeremy McKeown of In the Company of Mavericks on the long rivalry between Austrian and Keynesian economics, and why Austrian ideas may be gaining new traction today. They trace how Austrian economics moved from a small academic outpost to a wider public audience, touching on the Mises Institute's role, the influence of figures like Roger Garrison and Ron Paul, and the ways online media and “alternative finance” have helped spread Austrian perspectives.We're entering the final week to enter the 2026 Stocks vs. Manure Prediction Contest at https://mises.org/form/stocks-vs-manure-2026Join us for the Mises Institute's first event of 2026, featuring Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell: "Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City." Register today at https://mises.org/okcOrder a Minor Issues tumbler today! https://mises.org/MinorIssuesTumblerBe sure to follow Minor Issues at https://Mises.org/MinorIssues

In this special in-person interview, Jim Rickards breaks down why the Trump administration is far more strategic than the media portrays, explaining the "flood the zone" tactic and Scott Bessent's "Three Arrows" approach to bringing down the debt-to-GDP ratio. Jim dismantles the popular "debasement trade" narrative, revealing that foreign central banks are not dumping Treasuries and that the real risk lies in the Eurodollar market and the $1 quadrillion derivatives system underpinning global finance. He warns that stablecoins are quietly hoarding Treasury bills needed for collateral — and the risk of fraud waiting to blow up. On gold, Jim explains why $5,000 is just the beginning, making the case for $10,000 to $25,000 based on historical precedent from the 1970s when the dollar lost 94% of its value measured in gold. He also offers a bold prediction: the potential breakup of NATO as geopolitical alliances fracture under pressure. More about Rickards: Rickards is a New York Times bestselling author of Currency Wars: The Making of the Next Global Crisis and several other best-sellers, including The New Great Depression, Aftermath, The Road to Ruin, Death of Money, The New Case for Gold, Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy, and his newest book MoneyGPT: AI and the Threat to the Global Economy. An investment advisor, lawyer, inventor, and economist, Rickards has held senior positions at Citibank, Long-Term Capital Management, and Caxton Associates. He is also the Editor of Strategic Intelligence, a widely-read financial newsletter. Links:  http://www.jamesrickardsproject.com/ https://x.com/RealJimRickardsTimestamps: 0:00 Intro 2:33 Why the second Trump term is different from the first 5:25 The Heritage Foundation and Project 2025 6:45 Executive orders and legislative wins 8:20 Federal courts and the Supreme Court battles 9:49 The economy: Is it really chaos? 11:32 The national debt: Why $39 trillion isn't the number to watch 13:45 The debt-to-GDP ratio explained 15:30 The Keynesian multiplier and diminishing returns 17:38 How we fixed the debt ratio after WWII (1945-1980) 18:36 Scott Bessent's "Three Arrows" strategy 19:19 The debasement trade: Why it's a false narrative 21:15 Are foreign central banks dumping Treasuries? (No) 23:15 What triggers a financial panic 24:45 How the Fed actually "prints money" 26:30 The Eurodollar market: Where real money comes from 28:00 The $1 quadrillion derivatives market 30:15 Stablecoins: The hidden risk in crypto 33:24 Tether's commercial paper problem 35:37 Gold: Why it's really moving 37:45 The Russian asset freeze and its unintended consequences 42:26 Gold does well in deflation too 45:48 The first Pentagon financial war game (2009) 49:54 Gold's trajectory: $10,000 to $25,000 or higher 51:45 The 1970s: When gold went up 2,700% 55:30 Anchoring bias and why $1,000 jumps get easier 56:33 Jim Rogers on the 50% retracement rule 58:49 Silver: Precious metal meets industrial input 63:21 Bold prediction: The potential breakup of NATO 67:34 Parting thoughts: True diversification

Henrik Zeberg, head macro economist at SwissBlock and author of The Monetary House of Cards, warns that despite stock markets hitting all-time highs, the real economy is sinking fast - private job creation has fallen below recessionary levels seen in 2007, and 90% of US consumers are now worse off than going into both the 2008 financial crisis and the 1929 depression. Using his Titanic metaphor, he explains first class passengers (top 10%) are still at the bar while third class is already in the water. Zeberg predicts a blow-off top with the S&P potentially hitting 8,200 before a crash worse than 2008, driven by central bank hubris that will trigger stagflation when the Fed inevitably intervenes. He's long-term bullish on gold and silver but warns of a short-term pullback as the dollar spikes to 120+ on the DXY during the deflationary bust, and explains why there's no easy way out this time - we've exhausted the free lunch of money printing.This episode is brought to you by VanEck. Learn more about the VanEck Rare Earth and Strategic Metals ETF: http://vaneck.com/REMXJuliaLinks: X: https://x.com/HenrikZebergSubstack: https://henrikzeberg.substack.com/Book: https://buy.stripe.com/aFacN62DQdYFbZt9APaR201TEDx: https://youtu.be/DAmoawIOMbs?si=Infb0cLi8YPxdX4H00:00 Intro and welcome Henrik Zeberg01:22 Macro view, the real economy is about job creation, not financial markets04:13 90% of consumers worse off than going into 2008 and 192905:58 Titanic metaphor: First class denying while third class already in water06:56 Chart: ADP private job creation declining to recessionary levels08:26 Illusion of stability: Stock market disconnect from economy09:07 Stock market doesn't predict recessions - look at unemployment11:15 Zeberg business cycle model pointing to recession14:55  Bond market sniffing out problems - yield curve signals20:02 Central banks and the Fed: The hubris problem23:02 2020 changed everything - inflation is back as a factor25:26 Gold and silver starting to show end game signs26:20 If Fed intervenes with more stimulus, it creates stagflation28:03 Henrik's views on gold and silver clarified30:55 Dollar regime coming - DXY could spike32:12 Long-term bullish gold/silver but short-term pullback expected35:35 Navigating different regimes as an investor38:19 Strong dollar implications39:06 Current regime still risk-on, riding the blow off top43:29 Why this recession will be worse than 200848:21 No easy way out - we're at the end of the Keynesian curve49:12 Can we get back to sound money? Only through pain51:41 Under the radar trend: Realization of how bad consumer really is53:55 AI won't save us short-term - actually reduces jobs needed54:25 Wrap up: Think for yourself, do your own research

The great John Maynard Keynes explained it a century ago. In his 1930 essay, "Economic Possibilities for our Grandchildren," Keynes predicted that the future would be defined by economic abundance rather than scarcity. But such a cornucopian future, Keynes warned, would create societies teetering perpetually on the brink of a nervous breakdown. Keynes' vision has been updated by Niskanen Center SVP Brink Lindsey in his new book, The Permanent Problem. Today's societies, the Thailand-based Lindsey observes, are all on the verge of nervous breakdowns triggered by economic prosperity rather than poverty. So the challenge today, he notes with his own Keynesian flourish, is transforming this mass plenty into mass human flourishing. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

Post-Keynesian economics, building on John Maynard Keynes's work, emphasizes uncertainty, financial instability, and income distribution, offering a heterodox alternative to neoclassical and new Keynesian economics.Developed by Joan Robinson, Hyman Minsky, Paul Davidson, and others in the mid-20th century, it emerged from dissatisfaction with mainstream equilibrium models. It extends Keynes's focus on demand-driven economies, rejecting assumptions of automatic market clearing.

What have the Austrians ever done for us?The answer is quite a lot, particularly regarding the importance of liberty and free markets, and how government overreach in economic matters results in long-term damage and decline.However, Carl Menger, Ludwig von Mises, Friedrich Hayek, and other members of the so-called Austrian School have long occupied a fringe position in conventional economic thought, and their ideas have been excluded from policymakers' toolkits, which are dominated by the Keynesian framework.But is this changing?The evidence suggests it might be. The growing interest in non-state-backed money, the rise of social media platforms such as Substack, which provide outlets for new ideas, and, significantly, the Milei Revolution, now underway in Argentina, all point to a renaissance in Austrian economics.   Javier Milei regards himself as an Austrian economist and cites, among others, Mises, Hayek and Murray Rothbard as his heroes, whose ideas changed his life. They may yet change the course of Argentina's history.So, I was honoured when Dr Mark Thornton of Auburn University and the Mises Institute agreed to join me for a discussion on the Austrian School and its growth since the early 1980s. At that time, we were both undergraduates reading works such as Hayek's The Road to Serfdom, von Mises' Human Action, and Rothbard's Man, Economy & State. And it turns out that we may have met previously, 45 years ago. It is sometimes a small world.   We had a great conversation in which Mark outlined his optimistic view of how Austrian ideas can help us understand the investment landscape, the broader significance of Milei's reform agenda, and our world where human action seeks opportunities in non-fiat money.Mark's published works include The Skyscraper Curse: How Austrian Economics Predicted Every Major Economic Crisis of the Last Century. Additionally, articles, digests, and podcasts from the Mises Institute, which provides extensive freely available content for those keen to learn more about the Austrian way of thinking and its growing relevance to our times. However, of course, none of what you are about to hear is any kind of advice but solely for your information and hopefully, entertainment. Please seek personal financial advice before investing a penny of your money in these crazy markets. With that said, please enjoy my conversation with the maverick Austrian economist, Dr Mark Thornton.Brought to you by Progressive Equity.   Hayek for the 21st Century: Essays in Political Economy/ Order a FREE copy of the book or multiple copies! Also, you can download the PDF and ePub versions using this link:  https://mises.org/library/book/hayek-21st-century-essays-political-economy 

Jamie Merchant, the author of Endgame, joins us to talk about the current chaos. Start with the spectacle and you miss the structure. We step past the daily outrage to map Trumpism as a regime built by a new insurgent fraction of capital—tech oligarchs, private equity, and venture investors—who are eager to smash norms, rewrite rules, and route public money through tariffs, defense contracts, and boutique industrial policy. Their rise squeezes out the old asset-management establishment, pushes it toward the Democrats, and locks the opposition into a politics of “normality” that cannot mobilize the base or contest power.We trace the media's role in this shift: a long slide from public-service reporting to algorithmic engagement that rewards emotional spikes and partisan framing. Biden's term tried to stabilize the system with CHIPS, infrastructure, and managed globalization, but even light-touch AI regulation, the SVB collapse, and worker pushback inside tech drove Valley elites rightward. Meanwhile, the stock market's euphoria masks a real economy straining under a profitability crisis. AI's massive data-center build may juice capex and energy demand, but unless it raises productivity broadly, we're sitting on a bubble that deepens monopoly dynamics without delivering shared growth.Zooming out, we argue we're living through a new state-capitalist era with less capacity: the government takes bigger stakes, centralizes power in the executive, and leans on tariffs as revenue, even as planning expertise and administrative muscle erode. The postwar managerial state—Keynesian levers, technocratic confidence, public legitimacy—is gone. That's why policy-first left populism keeps hitting a wall. Without a living, rooted class subject, electoral surges can't endure. We sketch a different route: rebuild working-class civil society—mutual aid, cultural institutions, education, and cross-sector networks that bridge immigrants, service workers, industrial remnants, and professionals. Strategy begins where the regime is weakest: in the social substrate it can't manage or monetize.Hear candid takes on the investor realignment behind Trumpism, the AI bubble loop, why Democrats are structurally stuck, and how to make organizing matter when the state can't—or won't—govern for the whole. If this resonates, share it with a friend, subscribe, and leave a review to help others find the show.Send us a text Musis by Bitterlake, Used with Permission, all rights to BitterlakeSupport the showCrew:Host: C. Derick VarnIntro and Outro Music by Bitter Lake.Intro Video Design: Jason MylesArt Design: Corn and C. Derick VarnLinks and Social Media:twitter: @varnvlogblue sky: @varnvlog.bsky.socialYou can find the additional streams on YoutubeCurrent Patreon at the Sponsor Tier: Jordan Sheldon, Mark J. Matthews, Lindsay Kimbrough, RedWolf, DRV, Kenneth McKee, JY Chan, Matthew Monahan, Parzival, Adriel Mixon, Buddy Roark, Daniel Petrovic,Julian

FF: You Can't Live in a Keynesian Economy Without Being an Investor Many investors are "default" investors, who did not start with the goal or knowledge of investing. In a Keynesian economy, which is based on debt, investing is a necessity. We talk about goals, direct benefit vs direct contribution retirement, interest rates, and much more. Anything you do in investing can make you go broke...including doing nothing. You need to plan your life, or you'll only get what life decides to give you. Join us to learn more about investing, so you can start your goal list for next year and make your world a better place! Sponsors: American Gold Exchange Our dealer for precious metals & the exclusive dealer of Real Power Family silver rounds (which we finally got in!!!). Get your first, or next bullion order from American Gold Exchange like we do. Tell them the Real Power Family sent you! Click on this link to get a FREE Starters Guide. Or Click Here to order our new Real Power Family silver rounds. 1 Troy Oz 99.99% Fine Silver Abolish Property Taxes in Ohio: www.AxOHTax.com  Get more information about abolishing all property taxes in Ohio. Our Links: www.RealPowerFamily.com Info@ClearSkyTrainer.com 833-Be-Do-Have (833-233-6428)

What have the Austrians ever done for us? In terms of understanding the importance of liberty, free markets, and, particularly, how government overreach in economic matters results in long-term damage and decline, the answer is a lot. However, Carl Menger, Ludwig von Mises, Friedrich Hayek, and other members of the so-called Austrian School have long occupied a fringe position in conventional economic thought and have been largely excluded from policymakers' toolkits, which are dominated by Keynesian frameworks. But is this changing? The growing interest in non-state-backed money, the rise of social media, and the Milei Revolution underway in Argentina all suggest it is.   In particular, Javier Milei strongly aligns his worldview with that of the Austrian School and cites, among others, Mises, Hayek and Murray Rothbard as his philosophical heroes.I was honoured when Dr Mark Thornton of Auburn University and the Mises Institute agreed to join me for a discussion on the Austrian School and its growth since the early 1980s. At that time, we were both econ-undergraduates reading works such as Hayek's The Road to Serfdom, von Mises' Human Action, and Rothbard's Man, Economy & State.  We had a great conversation in which Mark outlined his optimistic view of how Austrian ideas can help us understand the investment landscape and the broader significance of Milei's reform agenda in Argentina. Mark's published works include The Skyscraper Curse: How Austrian Economics Predicted Every Major Economic Crisis of the Last Century.  I began by asking Mark about a former colleague of his at the Mises Institute, Roger Garrison. It turns out we might have attended the same Summer School that Roger taught 45 years ago. As they say, it's a small world. Please enjoy my conversation with the maverick Austrian economist, Dr Mark Thornton. Brought to you by Progressive Equity.    Hayek for the 21st Century: Essays in Political Economy/ Order a FREE copy of the book or multiple copies! Also, you can download the PDF and ePub versions using this link:  https://mises.org/library/book/hayek-21st-century-essays-political-economy    

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

Today's episode opens with a quiet charge, Murphy & Keen circling the walls of money to see what's solid and what's only painted there. Our two very different economists argue over whether banks summon credit from nothing or simply pass along what was saved, each holding a different candle to the same dark machinery. As the conversation rolls, the familiar ghosts of failed forecasts and brittle theories drift about, reminding us how easily economics slips away from the world it tries to explain. By the end, it feels like a steady march through the uneasy heart of the financial system. Still human, still searching, still trying to make sense of the noise. Stay tuned for part two in the coming weeks...PATREON https://www.patreon.com/c/demystifysciPARADIGM DRIFThttps://demystifysci.com/paradigm-drift-showHOMEBREW MUSIC - Check out our new album!Hard Copies (Vinyl): FREE SHIPPING https://demystifysci-shop.fourthwall.com/products/vinyl-lp-secretary-of-nature-everything-is-so-good-hereStreaming:https://secretaryofnature.bandcamp.com/album/everything-is-so-good-here00:00 Go! 00:07:00 Understanding Heterodox Economics00:11:00 Austrian Economics vs. Neoclassical Approaches00:15:00 The Concept of Equilibrium in Economics00:19:00 Complexity Theory & Economic Modeling00:20:12 Critique of Neoclassical Economics00:22:43 Historical Context of Economic Predictions00:25:03 Keynesian vs. Post-Keynesian Economics00:30:12 Influence of Economists in Power Dynamics00:36:40 Economic Models & Crisis Predictions00:38:20 Economic Interests in Crises00:39:56 The Religion of Economic Theories00:44:49 Consequences of Economic Beliefs00:50:10 The Oversight of Banks in Economic Models00:54:32 Challenges of Economic Experimentation00:56:13 Rival Schools of Economic Thought00:57:00 Cycles in Economic Systems01:00:01 Dynamics of Boom and Bust01:02:15 Role of Interest Rates & Money Creation01:05:32 Understanding Fractional Reserve Banking01:11:28 Complexity of Banking & Reserves01:15:03 Dynamics of Banking & Credit Management01:17:50 Critique of Central Banking & the Role of Reserves01:19:54 Reevaluating Economic Models & Banking01:20:50 The Importance of Reserves in Financial Discussions #economics, #macroeconomics, #banking, #economiccrisis , #austrianeconomics , #keynesianeconomics , #complexitytheory, #financialmarkets , #economicpolicy, #monetarypolicy , #financialsystem, #physicspodcast #philosophypodcast MERCH: Rock some DemystifySci gear : https://demystifysci-shop.fourthwall.com/AMAZON: Do your shopping through this link: https://amzn.to/3YyoT98DONATE: https://bit.ly/3wkPqaDSUBSTACK: https://substack.com/@UCqV4_7i9h1_V7hY48eZZSLw@demystifysci RSS: https://anchor.fm/s/2be66934/podcast/rssMAILING LIST: https://bit.ly/3v3kz2S SOCIAL: - Discord: https://discord.gg/MJzKT8CQub- Facebook: https://www.facebook.com/groups/DemystifySci- Instagram: https://www.instagram.com/DemystifySci/- Twitter: https://twitter.com/DemystifySciMUSIC: -Shilo Delay: https://g.co/kgs/oty671

As the economy worsens, expect to see more articles from legacy media about how saving money is actually bad for the economy. It's an old Keynesian myth.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

The Bitcoin Boomers Ep. 02: Fiat's Final Days & AI Job Apocalypse | Larry Lepard, Dr. Bob Murphy, Bob Burnett, Gary LelandDr. Bob Murphy (NYU PhD, Mises Institute Senior Fellow, former Contra Krugman host) joins Bob Burnett, Larry Lepard, and Gary Leland for the most explosive Bitcoin Boomers episode yet. From the very first minutes the gloves come off: fiat's 100-year Keynesian experiment is mathematically doomed, AI is already wiping out entry-level jobs overnight, robots are on track to rival nation-states, and deflationary technology just made debt-based money impossible to sustain. Larry drops the hammer (“the whole experiment is about to blow the fuck up — and it deserves to”), Bob Murphy calmly explains why Bitcoin proves you don't need the state to have money, and the crew debates UBI inevitability, spend-and-replace adoption strategies, and why BlackRock & nation-states are suddenly begging for Bitcoin.This is the red-pill episode you send to every boomer, uncle, or normie who still thinks the dollar is fine. If you want the intellectual ammo to orange-pill anyone over the holidays, this is it.Key Topics:Why fiat is now mathematically unsustainableAI silently killing entry-level hiring todayRobots rivaling nation-states in powerDeflationary tech destroying debt-based moneyBitcoin proves you don't need government to issue moneyThe regression theorem tragedy that cost Austrians millionsUBI is politically unstoppableGreenspan's private confession: being Fed Chair was “absolutely intoxicating”Spend-and-replace vs pure HODL debateBlackRock begging for Bitcoin — Bob's biggest 2025 shock20% Bitcoin discount at the CrossFit gym storyWhy the next 100 M users could arrive in monthsChapters:00:00:00 Cold Open – The end of fiat has begun00:01:11 Welcome Dr. Bob Murphy & Bob Burnett00:03:20 Why economics has warring schools00:12:17 MMT exposed00:19:16 Larry: “It's about to blow the fuck up — and it deserves to”00:26:26 AI already killing entry-level jobs00:33:46 UBI is coming — politically impossible to stop00:39:50 Robots will rival nation-states00:43:10 Deflation just killed debt-based money00:46:48 “Bitcoin proved you don't need the state to issue money”00:52:31 The regression theorem tragedy00:55:21 Spend-and-replace debate01:00:41 Real-world Bitcoin adoption stories01:04:38 BlackRock begging for Bitcoin01:10:57 “I cannot believe we got here this fast”Guest : Dr. Robert Murphy (@BobMurphyEcon) – NYU PhD, Mises Institute Senior Fellow, Chief Economist at InfinitoWebsite: https://www.bobmurphyshow.com/Hosts:Lawrence Lepard (@LawrenceLepard): Sound money advocate, fund manager, author of "The Big Print" Bob Burnett (@boomer_btc): Bitcoin evangelist, Founder/CEO of Barefoot Mining, former CTO at Gateway Inc. Board member at Ocean with over 40 years in tech and mining.Gary Leland (@GaryLeland): Founder of Bit Block Boom Bitcoin Conference.Supported By:Blockstream Jade: Easy, open-source Bitcoin-only cold storage. Get 10% off with code BOOMERS at blockstream.com.Unchained Signature: Premium custody for serious holders. 10% off first year with code BOOMERS10 at unchained.com/btcboomersAbundant Mines: Fully managed Bitcoin mining. Learn more at abundantmines.comBITCOIN WELL is the best place to buy Bitcoin in Canada and the USA.Visit BITCOINWELL.COM/BTCSESSIONSBook Private Sessions: Master Bitcoin with experts at bitcoinmentor.io. Check Out the Previous Episode w George Bodine: https://youtu.be/vO6J_JEDxKc#bitcoin #bitcoinboomers #fiatcollapse #bobmurphy #bobburnett #larrylepard #austrianeconomics #bitcoin2025 #ai #deflation #bitcoinadoption #soundmoney #btc

There is growing and widespread dissatisfaction with capitalism worldwide. Economic models that dominated the post-Word War Two decades — Keynesian social democracy and later neoliberal globalization — are seen as having run aground. The system today is failing to meet the basic needs of working class people. This crisis has fuelled both right and left populist movements. Economic nationalism, authoritarianism and inequality are resurgent. It is with this background that John Cassidy explores, in a timely fashion, the critics of capitalism and the alternatives they advocate in Capitalism and its Critics – A Battle of Ideas In The Modern World. TU Senan and Niall Mulholland discuss Cassidy's book and where his analysis differs from that of the CWI.

Veronique de Rugy discusses the cost of living, critiquing the administration's claims that Thanksgiving dinner is cheaper, citing the use of shrinkflation and item removal. She criticizes the proposal to send $2,000 checks, noting this Keynesian approach boosts demand, which, without increased supply, risks raising prices further. De Rugy advocates for deregulation and the elimination of tariffs (which she confirms are a tax) as the necessary supply-side solution to the affordability crisis. Guest: Veronique de Rugy.

SHOW 11-13-25 CBS EYE ON THE WORLD WITH JOHN BATCHELOR THE SHOW BEGINS IN THE DOUBTS ABOUT BUNDESTAG COHESION AND  STABILITY. FIRST HOUR 9-915 1/2 Anatol Lieven discusses the war in Ukraine, noting the new Russian unit RubiKon hunting drone operators and the slow Russian advance on Pakovsk, aided by both innovation and old factors like fog. The conversation also covers Germany's military rearmament plans and the significant, rising influence of the populist right AFD party in German politics, which is strongly anti-immigrant and largely anti-rearmament. Guest: Anatol Lieven. 1/2 915-930 2/2 Anatol Lieven details UK Prime Minister Starmer's genuine political troubles concerning domestic policy drift and significant potential losses in upcoming regional elections. Starmer maintains prestige supporting Ukraine, though funding remains a question. A back channel to Moscow has been opened by Jonathan Powell to discuss peace, dropping the prior insistence on a ceasefire, indicating a shift in London. Guest: Anatol Lieven. 2/2 930-945 Chris Riegel, CEO of SCALA.com, states that Chinese claims of matching Nvidia's high-end chip success are largely propaganda, though China mandates domestic chip use. The US holds the AI "pole position." AI is a genuine profit driver, worth trillions to GDP, with material workforce impact expected by 2026. Guest: Chris Riegel 945-1000 Mary Anastasia O'grady reports on the assassination of Mayor Carlos Monzo in Michoacán, killed after leaving President Sheinbaum's Morena party and aggressively confronting cartels and their agricultural extortion. Sheinbaum has cooperated smartly with the US, allowing surveillance flights, and hired credible security chief García Haruch. The main challenge is whether Sheinbaum has the political will to confront the cartels, especially given the widespread belief in Morena's complicity. Guest: Mary Anastasia O'Grady. SECOND HOUR 10-1015 Cliff May discusses severe Christian persecution in Nigeria, which President Tinubu claims guarantees religious liberty. Attacks are carried out by Boko Haram, ISWAP, and powerful Fulani militias. May suggests jihadism acts as theological justification for Fulani nomadic herders to seize land from Christian farmers. The US could provide assistance, training, and advice to the Nigerian military to protect communities. Guest: Cliff May. 1015-1030 Sadanand Dhume examines the shift in US foreign policy, where President Trump now favors Pakistan and its military chief, General Munir. This followed intense combat between India and Pakistan after a horrific terrorist attack. When the US mediated a ceasefire, Trump took credit, which embarrassed Indian Prime Minister Modi. Pakistan cleverly thanked Trump and nominated him for a Nobel Peace Prize, securing his favor over India. India now needs a trade deal. Guest: Sadanand Dhume. 1030-1045 Professor Matthew Graham discusses the most powerful black hole flare ever recorded, which shone like 10 trillion suns from an Active Galactic Nucleus (AGN). Material falling into the supermassive black hole forms an accretion disc, releasing intense radiation. This 10-billion-year-old event was detected using computer cameras. Graham explains that these black holes are ancient "seeds" of galaxies, acting as cosmic vacuum cleaners, such as when a large star gets shredded. Guest: Professor Matthew Graham. 1/2 1045-1100 Professor Matthew Graham details his needs for future black hole research, prioritizing a network of space telescopes with large fields of view, like the Roman space telescope, for perpetual, multi-wavelength monitoring of the sky. This "audit of the cosmos" will improve detection speed and timing. Graham encourages students to pursue black hole work, noting it is a vibrant growth area, viewing black holes as the enduring future product of the universe. Guest: Professor Matthew Graham.2/2 THIRD HOUR 1100-1115 Veronique de Rugy discusses the cost of living, critiquing the administration's claims that Thanksgiving dinner is cheaper, citing the use of shrinkflation and item removal. She criticizes the proposal to send $2,000 checks, noting this Keynesian approach boosts demand, which, without increased supply, risks raising prices further. De Rugy advocates for deregulation and the elimination of tariffs (which she confirms are a tax) as the necessary supply-side solution to the affordability crisis. Guest: Veronique de Rugy. 1115-1130 Conrad Black assesses Canadian Prime Minister Mark Carney's new budget as anti-climactic, failing to deliver promised growth or definitive decisions on controversial policies like pipelines. However, the budget was sensible and conciliatory, avoiding conflict with the opposition, Washington, and Alberta. Carney, adopting a diplomatic style akin to a central banker, did offer serious encouragements to alleviate the housing shortage. Guest: Conrad Black. 1130-1145 Scott Winship analyzes 50 years of US median earnings, preferring the MACPI to accurately adjust for cost of living. He finds that the middle class is better off: women's earnings are up 120%, and men's are up 40–50%. Winship disputes populist theories that income inequality or the China shock are the main villains, noting that the worst period for young men was 1973–1989, predating those factors. Guest: Scott Winship.1/2 1145-1200 Scott Winship investigates the mystery of the decline in young men's earnings between 1973 and 1989. He concludes this period was not caused by accelerated immigration or women entering the workforce, as men's earnings continued to rise. The actual explanation is the unique economic combination of stagflation—high unemployment and very high inflation—that occurred until the early 1980s recession. This severe economic dynamic has not been matched since 1989. Guest: Scott Winship. FOURTH HOUR 12-1215 The arrival of the US carrier Gerald Ford signals an escalating commitment to possible military solutions against Maduro's regime in Venezuela. Maduro has ordered a Cuban-style guerrilla defense, but analysts worry more about "anarchization"—wreaking havoc—if he falls. Removing Maduro and lifting sanctions could lead to necessary refinancing of Venezuela's $170 billion debt. Guest: Evan Ellis. 1/4 1215-1230 Peru faces severe political instability, evidenced by six presidents in two years and detentions for corruption. Transitional leader José Heresi is tackling rising organized crime, including a 36% jump in homicides, through a state of emergency. Meanwhile, China maintains deep-seated influence, controlling key sectors like mining, oil, and the deep-water port of Chancay. Guest: Evan Ellis.2/4 1230-1245 Honduras is holding a high-stakes, single-round election where the outcome could determine if the country returns to alignment with Taiwan or shifts to China. Election observers noted improper pressure and concerns about meddling by the ruling Libre Party. Separately, Argentina's economy under Milei is strengthening, backed by a significant US currency swap and political support. Guest: Evan Ellis. 3/4 1245-100 AM COP 30 is largely "political theater" with commitments insufficient to address climate change. Estimates suggest the crucial 1.5-degree global temperature increase will be reached by 2030. While there is increased international attention, funding remains inadequate; Brazil secured only $5.5 billion toward its $125 billion forest preservation goal. The plight of Amazonian indigenous peoples continues unaddressed. Guest: Evan Ellis.4/4 | 

Deficits DO Matter! There is a difference between debt and deficits. We discuss how our deficit has gone down even though the debt has gone over 38 trillion. We also go over the difference between Keynesian economics and Austrian economics. We talk about the 6 richest counties in the nation, which probably aren't located where you think they would be. Foreigners and the major central banks have already realized that holding treasuries is not the best idea, so they are now holding more and more gold. What are we doing to store value? Buying more hard assets faster! Keynes vs Hayek (parts 1 & 2) Quantitative Easing Explained Sponsors: American Gold Exchange Our dealer for precious metals & the exclusive dealer of Real Power Family silver rounds (which we finally got in!!!). Get your first, or next bullion order from American Gold Exchange like we do. Tell them the Real Power Family sent you! Click on this link to get a FREE Starters Guide. Or Click Here to order our new Real Power Family silver rounds. 1 Troy Oz 99.99% Fine Silver Abolish Property Taxes in Ohio: www.AxOHTax.com  Get more information about abolishing all property taxes in Ohio. Our Links: www.RealPowerFamily.com Info@ClearSkyTrainer.com 833-Be-Do-Have (833-233-6428)

Silicon Bites Ep262 - Day 1,346 - 2025-10-31 | Russia's War Economy Is Eating Itself. The Kremlin's “military-Keynesian” sugar high is fading. The budget is creaking, sovereign reserves are thin, taxes are going up, and Russia's elites are grumbling – but are they plotting? Given the risks of being found out, and the unfortunate consequences of that, probably not. As one economist put it: the state is pouring money into things “destined to be burned on the battlefield.” We ask: is the crunch now worse—politically, if not statistically—than the 1990s? And how long can Putin keep the elites onside while the economy consumes itself?----------SOURCES: Carnegie Politika — Alexandra Prokopenko, “New Budget Confirms the Russian Public Is Paying for the War,” Oct 1, 2025Reuters — “Russian finance ministry proposes raising VAT…” Sept 24, 2025Financial Times — “Russia to raise value added tax rate to 22%…” Sept 2025Reuters — “Russia's budget deficit… Jan–May 2025 1.5% of GDP,” June 10, 2025Reuters — Central bank rate cut 50 bps to 16.5%, Oct 24, 2025Meduza — “Raising the pressure: Trump is hitting Russia with sanctions…,” Oct 28, 2025Meduza — “We expected the war to end” (elite attitudes), Jan 9, 2025The Moscow Times — “Russia's Labor Shortage Persists…,” July 31, 2025The Moscow Times (wire/Reuters) — “Russia plans debut sovereign yuan bond,” Oct 31, 2025----------SILICON CURTAIN FILM FUNDRAISERA project to make a documentary film in Ukraine, to raise awareness of Ukraine's struggle and in supporting a team running aid convoys to Ukraine's front-line towns.https://buymeacoffee.com/siliconcurtain/extras----------This is super important. There are so many Battalions in Ukraine, fighting to defend our freedoms, but lack basics such as vehicles. These are destroyed on a regular basis, and lack of transport is costs lives, and Ukrainian territory. Autumn Harvest: Silicon Curtain (Goal€22,000)https://car4ukraine.com/campaigns/autumn-harvest-silicon-curtain----------SILICON CURTAIN LIVE EVENTS - FUNDRAISER CAMPAIGN Events in 2025 - Advocacy for a Ukrainian victory with Silicon Curtainhttps://buymeacoffee.com/siliconcurtain/extrasOur events of the first half of the year in Lviv, Kyiv and Odesa were a huge success. Now we need to maintain this momentum, and change the tide towards a Ukrainian victory. The Silicon Curtain Roadshow is an ambitious campaign to run a minimum of 12 events in 2025, and potentially many more. Any support you can provide for the fundraising campaign would be gratefully appreciated. https://buymeacoffee.com/siliconcurtain/extrasWe need to scale up our support for Ukraine, and these events are designed to have a major impact. Your support in making it happen is greatly appreciated. All events will be recorded professionally and published for free on the Silicon Curtain channel. Where possible, we will also live-stream events.https://buymeacoffee.com/siliconcurtain/extras----------SUPPORT THE CHANNEL:https://www.buymeacoffee.com/siliconcurtainhttps://www.patreon.com/siliconcurtain----------TRUSTED CHARITIES ON THE GROUND:Car4Ukraine - Providing 4x4 vehicles to Ukrainian warriors https://car4ukraine.com/campaignsSave Ukrainehttps://www.saveukraineua.org/Superhumans - Hospital for war traumashttps://superhumans.com/en/UNBROKEN - Treatment. Prosthesis. Rehabilitation for Ukrainians in Ukrainehttps://unbroken.org.ua/Come Back Alivehttps://savelife.in.ua/en/Volunteer-run, US non-profit and UK charity supporting survival and recovery of Ukrainehttps://www.ukrainianaction.com/Chefs For Ukraine - World Central Kitchenhttps://wck.org/relief/activation-chefs-for-ukraineUNITED24 - An initiative of President Zelenskyyhttps://u24.gov.ua/Serhiy Prytula Charity Foundationhttps://prytulafoundation.orgNGO “Herojam Slava”https://heroiamslava.org/-----------

State intervention or private interest? Public investment or private? More taxation or less? More regulation or less regulation? We are often asked to comment on these questions because, in popular perception at least, they are the 'central' concerns of left-leaning economists. But, as we will discover in this episode, while these may be essential concerns (particularly for Keynesian economists), Marxian economists and thinkers have provided an alternative way of thinking about the project that goes beyond these naive binaries. In this episode, the dialectic goes to work with the world's leading Marxian economist, Professor Richard Wolff, to make sense of the differences and similarities between Keynesian and Marxian thinkers. About The Dialectic at Work is a podcast hosted by Professor Shahram Azhar & Professor Richard Wolff. The show is dedicated to exploring Marxian theory. It utilizes the dialectical mode of reasoning, that is the method developed over the millennia by Plato and Aristotle, and continues to explore new dimensions of theory and praxis via a dialogue. The Marxist dialectic is a revolutionary dialectic that not only seeks to understand the world but rather to change it. In our discussions, the dialectic goes to work intending to solve the urgent life crises that we face as a global community. Follow us on social media: X: @DialecticAtWork Instagram: @DialecticAtWork Tiktok: @DialecticAtWork Website: www.DemocracyAtWork.info Patreon: www.patreon.com/democracyatwork

Trump The Keynesian: Bails Out Argentina While U.S. Farmers Suffer by Ron Paul Liberty Report

Summary In this episode of the Thank God for Bitcoin podcast, Jordan interviews Philip Pilkington, an economist and author, to discuss his book 'The Reformation In Economics, and the failures of the economics profession. They explore the differences between Keynesian and Austrian economics, the role of central banking, and the philosophical underpinnings of economic theories. The conversation delves into the challenges of knowledge in economics, the intersection of economics and theology, and critiques of GDP as a measure of success. They also discuss the impact of technocracy on society and the current state of late liberal capitalism. In this conversation, Jordan Bush and Phil discuss the deeper societal issues related to money, gambling, and the need for moral critiques in the face of technological innovations. They explore the implications of vice laws, the role of money in human flourishing, and the historical context of economic exploitation. The discussion also touches on the future of living standards, cultural conflicts arising from immigration, and the evolving nature of Bitcoin as a financial instrument. Throughout the conversation, they emphasize the importance of moral judgments in business practices and the necessity of regulations to prevent economic degradation.

Steve Keen is an Australian economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Today we talk about the financial crash, Donald Trump, Ireland's economy & why planet earth is trillions in debt. Steve Keen's Website - https://www.stevekeen.com/ Rallen's Rant Spotify Page - open.spotify.com/show/3gcUGQrJzDdCxYKnWfbSjG Rallen's Rant YouTube Page - www.youtube.com/@Richieallen2 Richie's Instagram Page - www.instagram.com/richie_allen23/

#bitcoin #stocks #trading How long must we wait for the strategy of Saylor's Strategy to manifest? Ulric, a long-time Strategy investor and critic of "The Playbook", has been watching closely and is highly skeptical of the outlook of the Keynesian-style Bitcoin Treasury Companies. He has 5 takeaways for anyone considering Bitcoin Treasury Companies as an investment vehicle. Remember...THERE IS NO SECOND BEST. BITCOIN!

In most of the world, inflation is no longer an exception, it is the rule. Official inflation targets of 4 percent, 5 percent, or even 6 percent per year have become normalized.Original article: https://mises.org/power-market/inflation-design-how-keynesian-dogma-undermines-capitalism

In most of the world, inflation is no longer an exception, it is the rule. Official inflation targets of 4 percent, 5 percent, or even 6 percent per year have become normalized.Original article: https://mises.org/power-market/inflation-design-how-keynesian-dogma-undermines-capitalism

Thanks for modern Keynesian economics, most people believe money gains its value from the government that issues it. Money's value, however, is historically tied to the value of the commodity from which money was derived.Original article: https://mises.org/mises-wire/how-does-money-acquire-its-value

Thanks for modern Keynesian economics, most people believe money gains its value from the government that issues it. Money's value, however, is historically tied to the value of the commodity from which money was derived.Original article: https://mises.org/mises-wire/how-does-money-acquire-its-value

Former Senator Phil Gramm joins to defend capitalism's record, arguing that the Industrial Revolution improved lives, the New Deal prolonged the Depression, and modern welfare undermines work. He supports Keynesian stimulus in theory—but only if governments also run surpluses, which he says they never do. Plus, Gaza aid failures, Macron's recognition of Palestine, and why peace requires clear-eyed power dynamics, not symbolic gestures. And in The Spiel: Benjamin Crump returns to the spotlight in a viral police beating case, and renewed concern over noose reports reveals our reflex to dramatize the ambiguous. Produced by Corey Wara Production Coordinator Ashley Khan Email us at ⁠⁠⁠⁠thegist@mikepesca.com⁠⁠⁠⁠ To advertise on the show, contact ⁠⁠⁠⁠ad-sales@libsyn.com⁠⁠⁠⁠ or visit ⁠⁠⁠⁠https://advertising.libsyn.com/TheGist⁠⁠⁠⁠ Subscribe to The Gist: ⁠⁠⁠⁠https://subscribe.mikepesca.com/⁠⁠⁠⁠ Subscribe to The Gist Youtube Page: ⁠⁠⁠⁠https://www.youtube.com/channel/UC4_bh0wHgk2YfpKf4rg40_g⁠⁠⁠⁠ Subscribe to The Gist Instagram Page: ⁠⁠⁠⁠GIST INSTAGRAM⁠⁠⁠⁠ Follow The Gist List at: ⁠⁠⁠⁠Pesca⁠⁠⁠⁠ ⁠⁠⁠⁠Profundities | Mike Pesca | Substack

In 1976, Jim Callaghan took over from Harold Wilson as leader of the Labour Party and British Prime Minister. He was a competent politician, though not an outstanding one. He did his job well, but he was far from up to taking on an adversary as forceful as the leader of the Conservative Party, Maggie Thatcher.Callaghan's was the last government of the post-war consensus, based on a belief in a generalised social democracy, seeking to provide the social services needed to ensure that everyone could count on a safety net when one was needed, and built on a foundation of Keynesian economics. Thatcher rejected both social democracy and Keynesianism, which she held responsible for the decline of Britain, militarily, economically and even morally. Her objective was to end the postwar consensus and look for a radically new type of politics (and economics).The other huge innovation she oversaw was an entirely new approach to communication in politics. Using a remarkably talented advertising agency, Saatchi and Saatchi, she and the Conservative party ran devastating campaigns against her opponents. The most famous was focused on a poster of a queue of people in front of a banner marked ‘Unemployment Office' and with the legend ‘Labour isn't working'.As well as her powerful and effective campaigning, Labour was brought low by a series of errors made by Callaghan, many of which played into her hands. It was just possible that he might have won an election in 1978, or at least done less badly, but he lacked the foresight to call it (a mistake he later acknowledged). That meant that he went through the season of strikes that came to be known as the ‘Winter of Discontent' and, instead of choosing the timing of the election himself, was forced to call one when Thatcher brought in a no confidence motion in the Commons, carried by just one vote.The subsequent election, on 3 May 1979, saw the Conservatives win a solid majority of 43. Margaret Thatcher became Britain's first woman Prime Minister. And, as we'll start to see next week, launched herself on a programme of radical change.Illustration: Rubbish piling up in the streets as a result of the municipal workers' strike of the during the 'Winter of Discontent'. Public Domain.Music: Bach Partita #2c by J Bu licensed under an Attribution-NonCommercial-No Derivatives (aka Music Sharing) 3.0 International License

The discussion centered on the concept of "deficit delusion," where Kerry Lutz and John Tamny argued that the perceived crisis of government debt is a misinterpretation, attributing the real issue to excessive government resource consumption. John highlighted that government spending limits societal advancement, while Kerry pointed out that the current system facilitates easy borrowing through excessive revenue collection. They characterized the situation as a form of theft through taxation, emphasizing that high levels of government intervention lead to economic inefficiencies and lost opportunities for taxpayers. They suggested that maintaining government spending at historical levels could have significantly enhanced national wealth. The conversation also explored the relationship between personal mental states and economic perceptions, with John asserting that savings drive economic growth more than consumption. They discussed the importance of individual economic freedom and the detrimental effects of policies that restrict wealth and trade. Kerry advocated for improved economic education, drawing parallels to successful public health campaigns, while John critiqued the dominance of Keynesian thought in economic education. They further examined the implications of currency stability on economic health, criticizing past administrations for dollar devaluation. The discussion concluded with reflections on the significance of John's upcoming book, "The Deficit Delusion." Find John here: https://x.com/johntamny Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe Kerry's New Book “The World According to Martin Armstrong – Conversations with the Master Forecaster” is now a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5  

Why are corporations turning to Bitcoin as a strategic asset—and how will Bitcoin treasury companies reshape the financial system over the next 20 years?In episode 7 of the Bitcoin for Corporations, host Pierre Rochard sits down with Jesse Myers, Bitcoin Strategy Advisor at UTXO Management (a sister company of Bitcoin Magazine), to break down the emerging playbook behind Bitcoin treasury companies like MicroStrategy, MetaPlanet, and Smarter Web. From intelligent leverage to the rise of perpetual preferreds, Jesse shares why these firms may soon rival sovereigns in BTC holdings—and why institutional capital is now pouring in.Whether you're a corporate CFO, a macro investor, or a Bitcoiner curious about the next big shift in capital markets, this deep-dive unpacks how Bitcoin-native financial infrastructure is being built in real time.⭐ This episode of the Bitcoin for Corporations Show is sponsored by Ledn, a leading provider of Bitcoin-backed loans.

In this episode of Minor Issues, Mark Thornton revisits a prophetic 1970s address by Nobel laureate F.A. Hayek that laid the intellectual groundwork for Bitcoin. Delivered during the depths of stagflation, Hayek's “International Money” lecture critiques central bank monopoly, exposes the failure of Keynesian inflationism, and calls for the denationalization of money. Mark unpacks how Hayek's radical proposal for competing private currencies was decades ahead of its time, and why it matters more than ever in today's age of government-managed inflation and crypto crackdowns.Additional ResourcesChoice in Currency by F. A. Hayek (based on his address, "International Money"): https://mises.org/MI_127_AThe Denationalisation of Money by F. A. Hayek: https://mises.org/MI_127_B"Hayek Predicting Bitcoin" (excerpted from the May 1, 1984, interview with James Blanchard at the University of Freiburg): https://mises.org/MI_127_C"The Last Days of Satoshi: What Happened When Bitcoin's Creator Disappeared" by Pete Rizzo (Bitcoin Magazine): https://mises.org/MI_127_D"Bitcoin" (1440): https://mises.org/MI_127_ERegister for the 2025 Mises Institute Supporters Summit in Delray Beach, Florida, October 16–18: https://mises.org/ss25Be sure to follow Minor Issues at https://Mises.org/MinorIssues

In this marathon episode, Matt Ehret and Ghost peel back the layers of the modern financial Ponzi scheme and its deep philosophical roots. They start by dissecting the $700 trillion derivatives market, exposing how deregulation and speculative gambling replaced real productive investment since the repeal of Glass-Steagall. The conversation explores how this system was built on fiat debt slavery, designed to keep generations trapped in perpetual repayment while a handful of banks and hedge funds consolidate control. Matt and Ghost also trace how Darwinian and social Darwinist theories, promoted by figures like Thomas Huxley and later repackaged into corporate science, became the cultural backbone that justifies economic exploitation, eugenics, and the manufactured scarcity mindset. They show how these ideas seeped into everything from the Rockefellers' stranglehold on medicine to modern “pump-and-dump” crypto scams. Throughout, they challenge libertarian and Keynesian dogmas alike, explaining why neither camp offers a real path to freedom. The hosts call for a return to first principles, justice, moral economies, and honest money...and question whether Americans will ever wake up to the reality that they're living in a rigged casino designed to fail.

In this episode, we dive into the turbulent decade of the 1970s, exploring how the oil shocks and economic crises of the era shattered the postwar order in America. Drawing from historian Gary Gerstle's influential work The Rise and Fall of the Neoliberal Era, we examine how stagflation, energy insecurity, and geopolitical tensions fueled public disillusionment with Keynesian economics and paved the way for a neoliberal revolution.In This Episode:The 1973 and 1979 oil shocks and their devastating economic ripple effectsStagflation: why rising prices and stagnant growth confounded policymakersThe decline of faith in government economic managementHow energy crises exposed vulnerabilities in American global powerThe ideological groundwork for the rise of neoliberal leaders like Ronald Reagan and Margaret ThatcherGerstle's perspective on how these transformations reshaped the political and economic landscape for decades to comeAbout the Book: Gary Gerstle's The Rise and Fall of the Neoliberal Era offers a sweeping history of how neoliberalism rose to dominance in the late 20th century and why its influence may now be waning. The book connects domestic crises like the 1970s oil shocks to larger ideological shifts in American and global politics.Further Reading:Gerstle, Gary. The Rise and Fall of the Neoliberal Era.Daniel Yergin, The Prize: The Epic Quest for Oil, Money, and PowerMeg Jacobs, Panic at the Pump: The Energy Crisis and the Transformation of American Politics in the 1970s*****STOP PRESS*****I only ever talk about history on this podcast but I also have another life, yes, that of aspirant fantasy author and if that's your thing you can get a copy of my debut novel The Blood of Tharta, right here:Help the podcast to continue bringing you history each weekIf you enjoy the Explaining History podcast and its many years of content and would like to help the show continue, please consider supporting it in the following ways:If you want to go ad-free, you can take out a membership hereOrYou can support the podcast via Patreon hereOr you can just say some nice things about it here Hosted on Acast. See acast.com/privacy for more information.

Central banks in major economies have repeatedly misread inflation trends by relying on models that omit a fundamental economic lever: the money supply. In this episode, economist Steve Hanke offers a detailed critique of prevailing post-Keynesian frameworks and the policy missteps that have followed. Drawing on historical and current data, Hanke underscores the predictive power of the quantity theory of money, a model largely excluded from central bank thinking, and explains how ignoring this leads to erroneous inflation forecasts and misguided interventions.   The discussion outlines how inflation, often attributed to exogenous shocks such as supply chain disruptions or geopolitical events, is more reliably explained by changes in the money supply. Hanke presents evidence that inflation today is the result of decisions made one to two years prior, making it critical to focus on monetary trends rather than short-term data fluctuations. He further contrasts U.S. and Chinese monetary responses, highlighting how both under- and over-corrections in money supply growth have resulted in either recessionary pressures or deflation.   Key insights from the episode include: - The quantity theory of money remains one of the most reliable frameworks for anticipating inflation, yet is absent from mainstream economic models used by central banks. - Inflation is always a monetary phenomenon, rising or falling primarily in response to shifts in the money supply, not due to external shocks, which only affect relative prices. - U.S. monetary policy is currently on a path toward recession, not inflation, due to anemic money supply growth since 2022, a trend Hanke predicts will continue unless reversed. - Regime uncertainty, policy volatility that undermines business investment, amplifies economic stagnation. Drawing parallels to the New Deal era, Hanke warns that unclear or shifting fiscal and regulatory rules will delay recovery even further. - Most of the money in circulation is created by commercial banks, not central banks. Post-2008 regulations have constrained these institutions, diminishing their role in supporting economic growth.   Taken together, these points call for a recalibration of macroeconomic policy, placing money supply at the center of analysis and re-empowering commercial banks to function as essential components of the financial system. For senior leaders navigating strategic decisions, the episode provides a timely and data-grounded lens on the structural drivers shaping inflation, recession risks, and economic stability.   Get Steve's book here: https://shorturl.at/t5uDw Making Money Work: How to Rewrite the Rules of Our Financial System   Here are some free gifts for you:   Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf   Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo  

In this episode of the Trading Justice podcast, Matt Justice takes us on a powerful journey through economic history to reveal how we've become Addicted to Debt. From the roots of Keynesian economics to the evolution of today's financial system, Matt explores how policy choices and structural shifts have created an economy that disproportionately rewards the top while leaving others behind. This isn't about blaming parties or politicians—it's about putting the system itself on trial. What are the market consequences of this debt addiction? And more importantly, what are the potential solutions? Plus, in this week's Stock It or Drop It, Matt gives his sharp take on nearly a dozen popular stocks—including Amazon, Nvidia, Broadcom, DraftKings, and more—breaking down which ones are worth a place in your portfolio.

It's Tuesday, June 3rd, A.D. 2025. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com.  I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson Indonesian boy killed for his Christian faith An 8-year-old Indonesian boy in the Seberida district was killed for his faith in Jesus on May 19th, reports International Christian Concern.   Indonesia is an 87% Muslim country. The boy, publicly named as K.B., was beaten to death by five older Muslim boys.  Pastor Piet, of the GPDI Solagracia church where the family worshipped, remembers him as a child who was “diligent in Sunday school, often participating in Bible quizzes, and often winning.” His father said, “He was my first child. My second child is a girl. He was a good and strong child. He dreamed of becoming a soldier. I used to want to become a soldier, but I didn't. That's why I wanted him to become a soldier.” Psalm 116:15 says, “Precious in the sight of the Lord is the death of His saints.” Polish voters elect conservative president After a national election over the weekend, Poland will join a growing group of Western nations moving to the right of center -- more nationalistic, more supportive of traditional values, and more opposed to the internationalism of the day. A former boxer and historian, Mr. Karol Nawrocki, won the presidential election by a close vote of 50.9% to 49.1%. Nawrocki had been endorsed by President Donald Trump. Nawrocki quoted 2 Chronicles 7:14, stating that God would “heal the land” if they would “turn away from wicked ways, reports the Associated Press.”  The conservative edge in Poland has stood firm against pro-abortion policies and pro-European Union trends over the last five years. That will appear to continue with the Nawrocki administration. Poland will join the United States, Argentina, Hungary, and Italy, as nations that have moved in a conservative direction over the last few election cycles. GOP Senate fiscal hawks balking at price tag of Trump's Bill President Donald Trump's Big Beautiful Federal Spending Bill is heading to the U.S. Senate. But several Republican senators are balking at the price tag, including Senators Rand Paul of Kentucky and Josh Hawley of Missouri, reports Liberty Counsel Action. GOP Senator Ron Johnson of Wisconsin is proposing that at least $838 billion be cut from federal spending to reduce government expenditures from 23.3% to 20.6% of the gross national income. This would reduce government to the relative size of the economy in 2019 before the COVID crisis.  In other words, Senator Johnson is simply requesting that government be reduced to pre-pandemic levels.   Presently, the Congressional Budget Office is estimating that President Trump's Big Beautifull Bill will add another $22 trillion to the $37 trillion of federal debt — putting the U.S. debt at 134% of the Gross Domestic Product by 2035. Japan and United States have weak bond auctions The leading Keynesian governments in the world are having a hard time getting people to fund their debt. Japan's bond auction yielded the weakest demand since the 2010 recession. The U.S. bond auction last week was extremely weak, resulting in 30-year bond interest to bump up to 5.15% — the highest rate since 2007. Ukrainian drone attack took out one-third Russian's long-range bombers Ukraine dispatched a drone attack deep into Russia, hitting some key military sites over the weekend. The bombings have reportedly taken out more than one-third of Russia's long range bombers, crippling Russia's nuclear capabilities. Homosexual pride marches have lost up to 50% of sponsorship The licentious elements of society are celebrating their pride month in June.  Slate.com reports a reduction in corporate sponsorships of the homosexual/transgender pride marches in the U.S.  Some have lost 40-50% of the corporate monies they have received in previous years. Plus, companies like Comcast, Anheuser-Busch, and Smirnoff have dropped Pride sponsorships altogether. The firm Booz Allen Hamilton pulled sponsorships, referring to the president's executive orders -- one of which prohibits the U.S. government from contracting with companies that promote diversity, equity, and inclusion. The World Pride event is taking place in Washington D.C. this year, the first time in the United States since the New York City event in 2019.  The larger sponsors of homosexual/transgender Pride events like World Pride include Hilton, Delta Airlines, Amazon, IKEA, Verizon, Corona, Fresca, and Starbucks. Southwest Airlines, United Airlines, and Kroger are also supporting homosexual events this year. 1 John 2:16 and 17 speaks of lust and pride. It says, “All that is in the world—the lust of the flesh, the lust of the eyes, and the pride of life—is not of the Father but is of the world. And the world is passing away, and the lust of it; but he who does the will of God abides forever.” Focus on the Family targeted for affirming God's design for sexuality Focus on the Family is being targeted by the Southern Poverty Law Center for its opposition to homosexual behavior and gender transition for youths. The leftist group was particularly outraged with Jim Daly's more recent interviews of Rosaria Butterfield, and an interview of Walt Heyer and Kathy Grace Duncan. These were Christians who have repented of sins of homosexual behavior and transgenderism.   The Southern Poverty Law Center has been notorious for conflating Christian groups with Neo-Nazi and racist groups in the United States, and promoting persecution of Christians. Other ministries on their list include Family Research Council, Liberty Council, Coral Ridge Ministries, Alliance Defending Freedom, and Generations. Abortion Kill Pill creator died at 98 A French scientist, responsible for the deaths of 50 million babies, himself died last week at 98 years of age. Étienne-Émile Baulieu was instrumental in the development of the abortion kill pill, RU-486, in 1980.  About half of abortions in developed nations have been conducted by the abortion pill since the 2010s.  Today, chemical abortion accounts for 63% of all abortions in America. The BBC reports that French President Emmanuel Macron, called Dr Baulieu "a beacon of courage" and "a progressive mind who enabled women to win their freedom." 6 Worldview donors gave $730 And finally, toward this week's $30,875 goal to fund The Worldview newcast by this Friday, June 6th, six listeners stepped up to the plate. Our thanks to Daniel in San Luis Potosí, Mexico who gave $5, Kimberly in  Sacramento, California who gave $25, and Deborah in  Cosmopolis, Washington who gave $50. We're also grateful to God for Keith and Marsha in Morgan, Colorado who gave $100, Genita in Bardstown, Kentucky who gave $250, and Frances in Beacon, New York who pledged $25/month for 12 months for a gift of $300. Ready for our total? Drum roll please.  (Drum roll sound effect) $730 (People clapping sound effect)  That means by this Friday, we need to raise $30,145.  I received an intriguing text from a friend in Michigan. She suggested that I ask if someone would prayerfully consider underwriting half of our entire budget.  That would be $61,750.  Or perhaps you could cover the $30,145 that we need to raise this week. But, alas if those big dollar amounts are not remotely possible, every $25 and $50 donation gets us incrementally closer to being fully funded. Just go to TheWorldview.com and click on Give on the top right.   I would love to see 20 people make donations on this, our second day.   Consider making a monthly pledge by clicking on the recurring donation tab. Let's see what the Lord will do as The Worldview in 5 Minutes proclaims the truth in a world of pagan-biased news. Close And that's The Worldview on this Tuesday, June 3rd, in the year of our Lord 2025. Subscribe for free by Spotify, Amazon Music or by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.

“I saw and approached the hungry and desperate mother, as if drawn by a magnet.” This is the story of FDR's first term after facing down the initial emergency.  100 days down, about 1,300 more to go—for this term at least. After the whirlwind of new bills and “alphabet agencies” (AAA, CCC, etc.), the nation is adjusting to and examining FDR's New Deal. As they do, the NIRA is upsetting both ends of the spectrum: company owners don't love the Blue Eagle and regulations while workers are frustrated that their employers aren't eager to see unionization in accordance with section 7(a).  Meanwhile, back at the farm, devastating dust storms like “Black Sunday” are hammering the Great Plains and forcing many to flee to other states. Some migrants end up in California, where unionized dock workers and police are duking it out in San Francisco's “Bloody Thursday.” The president tries to set an example as a “Good Neighbor” in the Caribbean even as people erect signs that read, “Okie, go back. We don't want you.”  More time and a “Second” New Deal that is more progressive and Keynesian raises more serious questions: Is this really the correct economic course for recovery? And are some of these presidential actions even Constitutional? But despite the detractors, the decisive 1936 election proves that FDR is here to stay.  ____ Connect with us on HTDSpodcast.com and go deep into episode bibliographies and book recommendations join discussions in our Facebook community get news and discounts from The HTDS Gazette  come see a live show get HTDS merch or become an HTDS premium member for bonus episodes and other perks. HTDS is part of the Airwave Media Network.  Interested in advertising on the History That Doesn't Suck? Email us at advertising@airwavemedia.com To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Jonah Goldberg is joined by author and research analyst Ross Benes to discuss his new book, 1999: The Year Low Culture Conquered America and Kickstarted Our Bizarre Times. Jonah and Ross discuss beanie babies as a precursor to crypto, the political triumph of the WWE, and the age of media deregulation. Plus: the phenomenology of moral panics and the bourgeois-ification of transgressive culture. Show Notes: —1999: The Year Low Culture Conquered America and Kickstarted Our Bizarre Times 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 Jonah's G-File newsletter, regular livestreams, and other members-only content—click here. Learn more about your ad choices. Visit megaphone.fm/adchoices

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