Podcasts about keynesian

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.

Welcome back to The Mixtape with Scott, a podcast about the lives and stories of living economists. This show often unfolds in themed mini-series, and lately I've been exploring one that I've been curious about for a while: the economists who navigated and participated in the heterodox tradition in economics. Today's guest is Amitava Krishna Dutt, a development economist, now emeritus at the University of Notre Dame. His work sits at the intersection of structuralist macroeconomics, post-Keynesian theory, and development, with deep engagement in political economy. He's long been committed to questions of global inequality, the dynamics of capitalist growth, and the limitations of orthodoxy in addressing the needs of the Global South.So thank you for tuning in. I hope this is as interesting to you as it was to me.Scott's Mixtape Substack is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Scott's Mixtape Substack at causalinf.substack.com/subscribe

The political legacy of Elon Musk, the moral costs of Keynesianism, and the absurdity of Harvard and NPR as public goods.Welcome back to the Power & Market Podcast, a weekly news recap from the Mises Institute's editorial team. This week, Ryan McMaken, Tho Bishop, and Connor O'Keeffe discuss the Department of Government Efficiency letdown, dissect the ongoing degeneracy of Keynesian economics, and explore the rising movement to defund elite universities like Harvard. Has the establishment finally overplayed its hand? What's next for higher education? For more information and to subscribe, visit https://Mises.org/P&MPod

Yesterday, the self-styled San Francisco “progressive” Joan Williams was on the show arguing that Democrats need to relearn the language of the American working class. But, as some of you have noted, Williams seems oblivious to the fact that politics is about more than simply aping other people's language. What you say matters, and the language of American working class, like all industrial working classes, is rooted in a critique of capitalism. She should probably read the New Yorker staff writer John Cassidy's excellent new book, Capitalism and its Critics, which traces capitalism's evolution and criticism from the East India Company through modern times. He defines capitalism as production for profit by privately-owned companies in markets, encompassing various forms from Chinese state capitalism to hyper-globalization. The book examines capitalism's most articulate critics including the Luddites, Marx, Engels, Thomas Carlisle, Adam Smith, Rosa Luxemburg, Keynes & Hayek, and contemporary figures like Sylvia Federici and Thomas Piketty. Cassidy explores how major economists were often critics of their era's dominant capitalist model, and untangles capitalism's complicated relationship with colonialism, slavery and AI which he regards as a potentially unprecedented economic disruption. This should be essential listening for all Democrats seeking to reinvent a post Biden-Harris party and message. 5 key takeaways* Capitalism has many forms - From Chinese state capitalism to Keynesian managed capitalism to hyper-globalization, all fitting the basic definition of production for profit by privately-owned companies in markets.* Great economists are typically critics - Smith criticized mercantile capitalism, Keynes critiqued laissez-faire capitalism, and Hayek/Friedman opposed managed capitalism. Each generation's leading economists challenge their era's dominant model.* Modern corporate structure has deep roots - The East India Company was essentially a modern multinational corporation with headquarters, board of directors, stockholders, and even a private army - showing capitalism's organizational continuity across centuries.* Capitalism is intertwined with colonialism and slavery - Industrial capitalism was built on pre-existing colonial and slave systems, particularly through the cotton industry and plantation economies.* AI represents a potentially unprecedented disruption - Unlike previous technological waves, AI may substitute rather than complement human labor on a massive scale, potentially creating political backlash exceeding even the "China shock" that contributed to Trump's rise.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Full TranscriptAndrew Keen: Hello, everybody. A couple of days ago, we did a show with Joan Williams. She has a new book out, "Outclassed: How the Left Lost the Working Class and How to Win Them Back." A book about language, about how to talk to the American working class. She also had a piece in Jacobin Magazine, an anti-capitalist magazine, about how the left needs to speak to what she calls average American values. We talked, of course, about Bernie Sanders and AOC and their language of fighting oligarchy, and the New York Times followed that up with "The Enduring Power of Anti-Capitalism in American Politics."But of course, that brings the question: what exactly is capitalism? I did a little bit of research. We can find definitions of capitalism from AI, from Wikipedia, even from online dictionaries, but I thought we might do a little better than relying on Wikipedia and come to a man who's given capitalism and its critics a great deal of thought. John Cassidy is well known as a staff writer at The New Yorker. He's the author of a wonderful book, the best book, actually, on the dot-com insanity. And his new book, "Capitalism and its Critics," is out this week. John, congratulations on the book.So I've got to be a bit of a schoolmaster with you, John, and get some definitions first. What exactly is capitalism before we get to criticism of it?John Cassidy: Yeah, I mean, it's a very good question, Andrew. Obviously, through the decades, even the centuries, there have been many different definitions of the term capitalism and there are different types of capitalism. To not be sort of too ideological about it, the working definition I use is basically production for profit—that could be production of goods or mostly in the new and, you know, in today's economy, production of services—for profit by companies which are privately owned in markets. That's a very sort of all-encompassing definition.Within that, you can have all sorts of different types of capitalism. You can have Chinese state capitalism, you can have the old mercantilism, which industrial capitalism came after, which Trump seems to be trying to resurrect. You can have Keynesian managed capitalism that we had for 30 or 40 years after the Second World War, which I grew up in in the UK. Or you can have sort of hyper-globalization, hyper-capitalism that we've tried for the last 30 years. There are all those different varieties of capitalism consistent with a basic definition, I think.Andrew Keen: That keeps you busy, John. I know you started this project, which is a big book and it's a wonderful book. I read it. I don't always read all the books I have on the show, but I read from cover to cover full of remarkable stories of the critics of capitalism. You note in the beginning that you began this in 2016 with the beginnings of Trump. What was it about the 2016 election that triggered a book about capitalism and its critics?John Cassidy: Well, I was reporting on it at the time for The New Yorker and it struck me—I covered, I basically covered the economy in various forms for various publications since the late 80s, early 90s. In fact, one of my first big stories was the stock market crash of '87. So yes, I am that old. But it seemed to me in 2016 when you had Bernie Sanders running from the left and Trump running from the right, but both in some way offering very sort of similar critiques of capitalism. People forget that Trump in 2016 actually was running from the left of the Republican Party. He was attacking big business. He was attacking Wall Street. He doesn't do that these days very much, but at the time he was very much posing as the sort of outsider here to protect the interests of the average working man.And it seemed to me that when you had this sort of pincer movement against the then ruling model, this wasn't just a one-off. It seemed to me it was a sort of an emerging crisis of legitimacy for the system. And I thought there could be a good book written about how we got to here. And originally I thought it would be a relatively short book just based on the last sort of 20 or 30 years since the collapse of the Cold War and the sort of triumphalism of the early 90s.But as I got into it more and more, I realized that so many of the issues which had been raised, things like globalization, rising inequality, monopoly power, exploitation, even pollution and climate change, these issues go back to the very start of the capitalist system or the industrial capitalist system back in sort of late 18th century, early 19th century Britain. So I thought, in the end, I thought, you know what, let's just do the whole thing soup to nuts through the eyes of the critics.There have obviously been many, many histories of capitalism written. I thought that an original way to do it, or hopefully original, would be to do a sort of a narrative through the lives and the critiques of the critics of various stages. So that's, I hope, what sets it apart from other books on the subject, and also provides a sort of narrative frame because, you know, I am a New Yorker writer, I realize if you want people to read things, you've got to make it readable. Easiest way to make things readable is to center them around people. People love reading about other people. So that's sort of the narrative frame. I start off with a whistleblower from the East India Company back in the—Andrew Keen: Yeah, I want to come to that. But before, John, my sense is that to simplify what you're saying, this is a labor of love. You're originally from Leeds, the heart of Yorkshire, the center of the very industrial revolution, the first industrial revolution where, in your historical analysis, capitalism was born. Is it a labor of love? What's your family relationship with capitalism? How long was the family in Leeds?John Cassidy: Right, I mean that's a very good question. It is a labor of love in a way, but it's not—our family doesn't go—I'm from an Irish family, family of Irish immigrants who moved to England in the 1940s and 1950s. So my father actually did start working in a big mill, the Kirkstall Forge in Leeds, which is a big steel mill, and he left after seeing one of his co-workers have his arms chopped off in one of the machinery, so he decided it wasn't for him and he spent his life working in the construction industry, which was dominated by immigrants as it is here now.So I don't have a—it's not like I go back to sort of the start of the industrial revolution, but I did grow up in the middle of Leeds, very working class, very industrial neighborhood. And what a sort of irony is, I'll point out, I used to, when I was a kid, I used to play golf on a municipal golf course called Gotts Park in Leeds, which—you know, most golf courses in America are sort of in the affluent suburbs, country clubs. This was right in the middle of Armley in Leeds, which is where the Victorian jail is and a very rough neighborhood. There's a small bit of land which they built a golf course on. It turns out it was named after one of the very first industrialists, Benjamin Gott, who was a wool and textile industrialist, and who played a part in the Luddite movement, which I mention.So it turns out, I was there when I was 11 or 12, just learning how to play golf on this scrappy golf course. And here I am, 50 years later, writing about Benjamin Gott at the start of the Industrial Revolution. So yeah, no, sure. I think it speaks to me in a way that perhaps it wouldn't to somebody else from a different background.Andrew Keen: We did a show with William Dalrymple, actually, a couple of years ago. He's been on actually since, the Anglo or Scottish Indian historian. His book on the East India Company, "The Anarchy," is a classic. You begin in some ways your history of capitalism with the East India Company. What was it about the East India Company, John, that makes it different from other for-profit organizations in economic, Western economic history?John Cassidy: I mean, I read that. It's a great book, by the way. That was actually quoted in my chapter on these. Yeah, I remember. I mean, the reason I focused on it was for two reasons. Number one, I was looking for a start, a narrative start to the book. And it seemed to me, you know, the obvious place to start is with the start of the industrial revolution. If you look at economics history textbooks, that's where they always start with Arkwright and all the inventors, you know, who were the sort of techno-entrepreneurs of their time, the sort of British Silicon Valley, if you could think of it as, in Lancashire and Derbyshire in the late 18th century.So I knew I had to sort of start there in some way, but I thought that's a bit pat. Is there another way into it? And it turns out that in 1772 in England, there was a huge bailout of the East India Company, very much like the sort of 2008, 2009 bailout of Wall Street. The company got into trouble. So I thought, you know, maybe there's something there. And I eventually found this guy, William Bolts, who worked for the East India Company, turned into a whistleblower after he was fired for finagling in India like lots of the people who worked for the company did.So that gave me two things. Number one, it gave me—you know, I'm a writer, so it gave me something to focus on a narrative. His personal history is very interesting. But number two, it gave me a sort of foundation because industrial capitalism didn't come from nowhere. You know, it was built on top of a pre-existing form of capitalism, which we now call mercantile capitalism, which was very protectionist, which speaks to us now. But also it had these big monopolistic multinational companies.The East India Company, in some ways, was a very modern corporation. It had a headquarters in Leadenhall Street in the city of London. It had a board of directors, it had stockholders, the company sent out very detailed instructions to the people in the field in India and Indonesia and Malaysia who were traders who bought things from the locals there, brought them back to England on their company ships. They had a company army even to enforce—to protect their operations there. It was an incredible multinational corporation.So that was also, I think, fascinating because it showed that even in the pre-existing system, you know, big corporations existed, there were monopolies, they had royal monopolies given—first the East India Company got one from Queen Elizabeth. But in some ways, they were very similar to modern monopolistic corporations. And they had some of the problems we've seen with modern monopolistic corporations, the way they acted. And Bolts was the sort of first corporate whistleblower, I thought. Yeah, that was a way of sort of getting into the story, I think. Hopefully, you know, it's just a good read, I think.William Bolts's story because he was—he came from nowhere, he was Dutch, he wasn't even English and he joined the company as a sort of impoverished young man, went to India like a lot of English minor aristocrats did to sort of make your fortune. The way the company worked, you had to sort of work on company time and make as much money as you could for the company, but then in your spare time you're allowed to trade for yourself. So a lot of the—without getting into too much detail, but you know, English aristocracy was based on—you know, the eldest child inherits everything, so if you were the younger brother of the Duke of Norfolk, you actually didn't inherit anything. So all of these minor aristocrats, so major aristocrats, but who weren't first born, joined the East India Company, went out to India and made a fortune, and then came back and built huge houses. Lots of the great manor houses in southern England were built by people from the East India Company and they were known as Nabobs, which is an Indian term. So they were the sort of, you know, billionaires of their time, and it was based on—as I say, it wasn't based on industrial capitalism, it was based on mercantile capitalism.Andrew Keen: Yeah, the beginning of the book, which focuses on Bolts and the East India Company, brings to mind for me two things. Firstly, the intimacy of modern capitalism, modern industrial capitalism with colonialism and of course slavery—lots of books have been written on that. Touch on this and also the relationship between the birth of capitalism and the birth of liberalism or democracy. John Stuart Mill, of course, the father in many ways of Western democracy. His day job, ironically enough, or perhaps not ironically, was at the East India Company. So how do those two things connect, or is it just coincidental?John Cassidy: Well, I don't think it is entirely coincidental, I mean, J.S. Mill—his father, James Mill, was also a well-known philosopher in the sort of, obviously, in the earlier generation, earlier than him. And he actually wrote the official history of the East India Company. And I think they gave his son, the sort of brilliant protégé, J.S. Mill, a job as largely as a sort of sinecure, I think. But he did go in and work there in the offices three or four days a week.But I think it does show how sort of integral—the sort of—as you say, the inheritor and the servant in Britain, particularly, of colonial capitalism was. So the East India Company was, you know, it was in decline by that stage in the middle of the 19th century, but it didn't actually give up its monopoly. It wasn't forced to give up its monopoly on the Indian trade until 1857, after, you know, some notorious massacres and there was a sort of public outcry.So yeah, no, that's—it's very interesting that the British—it's sort of unique to Britain in a way, but it's interesting that industrial capitalism arose alongside this pre-existing capitalist structure and somebody like Mill is a sort of paradoxical figure because actually he was quite critical of aspects of industrial capitalism and supported sort of taxes on the rich, even though he's known as the great, you know, one of the great apostles of the free market and free market liberalism. And his day job, as you say, he was working for the East India Company.Andrew Keen: What about the relationship between the birth of industrial capitalism, colonialism and slavery? Those are big questions and I know you deal with them in some—John Cassidy: I think you can't just write an economic history of capitalism now just starting with the cotton industry and say, you know, it was all about—it was all about just technical progress and gadgets, etc. It was built on a sort of pre-existing system which was colonial and, you know, the slave trade was a central element of that. Now, as you say, there have been lots and lots of books written about it, the whole 1619 project got an incredible amount of attention a few years ago. So I didn't really want to rehash all that, but I did want to acknowledge the sort of role of slavery, especially in the rise of the cotton industry because of course, a lot of the raw cotton was grown in the plantations in the American South.So the way I actually ended up doing that was by writing a chapter about Eric Williams, a Trinidadian writer who ended up as the Prime Minister of Trinidad when it became independent in the 1960s. But when he was younger, he wrote a book which is now regarded as a classic. He went to Oxford to do a PhD, won a scholarship. He was very smart. I won a sort of Oxford scholarship myself but 50 years before that, he came across the Atlantic and did an undergraduate degree in history and then did a PhD there and his PhD thesis was on slavery and capitalism.And at the time, in the 1930s, the link really wasn't acknowledged. You could read any sort of standard economic history written by British historians, and they completely ignored that. He made the argument that, you know, slavery was integral to the rise of capitalism and he basically started an argument which has been raging ever since the 1930s and, you know, if you want to study economic history now you have to sort of—you know, have to have to address that. And the way I thought, even though the—it's called the Williams thesis is very famous. I don't think many people knew much about where it came from. So I thought I'd do a chapter on—Andrew Keen: Yeah, that chapter is excellent. You mentioned earlier the Luddites, you're from Yorkshire where Luddism in some ways was born. One of the early chapters is on the Luddites. We did a show with Brian Merchant, his book, "Blood in the Machine," has done very well, I'm sure you're familiar with it. I always understood the Luddites as being against industrialization, against the machine, as opposed to being against capitalism. But did those two things get muddled together in the history of the Luddites?John Cassidy: I think they did. I mean, you know, Luddites, when we grew up, I mean you're English too, you know to be called a Luddite was a term of abuse, right? You know, you were sort of antediluvian, anti-technology, you're stupid. It was only, I think, with the sort of computer revolution, the tech revolution of the last 30, 40 years and the sort of disruptions it's caused, that people have started to look back at the Luddites and say, perhaps they had a point.For them, they were basically pre-industrial capitalism artisans. They worked for profit-making concerns, small workshops. Some of them worked for themselves, so they were sort of sole proprietor capitalists. Or they worked in small venues, but the rise of industrial capitalism, factory capitalism or whatever, basically took away their livelihoods progressively. So they associated capitalism with new technology. In their minds it was the same. But their argument wasn't really a technological one or even an economic one, it was more a moral one. They basically made the moral argument that capitalists shouldn't have the right to just take away their livelihoods with no sort of recompense for them.At the time they didn't have any parliamentary representation. You know, they weren't revolutionaries. The first thing they did was create petitions to try and get parliament to step in, sort of introduce some regulation here. They got turned down repeatedly by the sort of—even though it was a very aristocratic parliament, places like Manchester and Leeds didn't have any representation at all. So it was only after that that they sort of turned violent and started, you know, smashing machines and machines, I think, were sort of symbols of the system, which they saw as morally unjust.And I think that's sort of what—obviously, there's, you know, a lot of technological disruption now, so we can, especially as it starts to come for the educated cognitive class, we can sort of sympathize with them more. But I think the sort of moral critique that there's this, you know, underneath the sort of great creativity and economic growth that capitalism produces, there is also a lot of destruction and a lot of victims. And I think that message, you know, is becoming a lot more—that's why I think why they've been rediscovered in the last five or ten years and I'm one of the people I guess contributing to that rediscovery.Andrew Keen: There's obviously many critiques of capitalism politically. I want to come to Marx in a second, but your chapter, I thought, on Thomas Carlyle and this nostalgic conservatism was very important and there are other conservatives as well. John, do you think that—and you mentioned Trump earlier, who is essentially a nostalgist for a—I don't know, some sort of bizarre pre-capitalist age in America. Is there something particularly powerful about the anti-capitalism of romantics like Carlyle, 19th century Englishman, there were many others of course.John Cassidy: Well, I think so. I mean, I think what is—conservatism, when we were young anyway, was associated with Thatcherism and Reaganism, which, you know, lionized the free market and free market capitalism and was a reaction against the pre-existing form of capitalism, Keynesian capitalism of the sort of 40s to the 80s. But I think what got lost in that era was the fact that there have always been—you've got Hayek up there, obviously—Andrew Keen: And then Keynes and Hayek, the two—John Cassidy: Right, it goes to the end of that. They had a great debate in the 1930s about these issues. But Hayek really wasn't a conservative person, and neither was Milton Friedman. They were sort of free market revolutionaries, really, that you'd let the market rip and it does good things. And I think that that sort of a view, you know, it just became very powerful. But we sort of lost sight of the fact that there was also a much older tradition of sort of suspicion of radical changes of any type. And that was what conservatism was about to some extent. If you think about Baldwin in Britain, for example.And there was a sort of—during the Industrial Revolution, some of the strongest supporters of factory acts to reduce hours and hourly wages for women and kids were actually conservatives, Tories, as they were called at the time, like Ashley. That tradition, Carlyle was a sort of extreme representative of that. I mean, Carlyle was a sort of proto-fascist, let's not romanticize him, he lionized strongmen, Frederick the Great, and he didn't really believe in democracy. But he also had—he was appalled by the sort of, you know, the—like, what's the phrase I'm looking for? The sort of destructive aspects of industrial capitalism, both on the workers, you know, he said it was a dehumanizing system, sounded like Marx in some ways. That it dehumanized the workers, but also it destroyed the environment.He was an early environmentalist. He venerated the environment, was actually very strongly linked to the transcendentalists in America, people like Thoreau, who went to visit him when he visited Britain and he saw the sort of destructive impact that capitalism was having locally in places like Manchester, which were filthy with filthy rivers, etc. So he just saw the whole system as sort of morally bankrupt and he was a great writer, Carlyle, whatever you think of him. Great user of language, so he has these great ringing phrases like, you know, the cash nexus or calling it the Gospel of Mammonism, the shabbiest gospel ever preached under the sun was industrial capitalism.So, again, you know, that's a sort of paradoxical thing, because I think for so long conservatism was associated with, you know, with support for the free market and still is in most of the Republican Party, but then along comes Trump and sort of conquers the party with a, you know, more skeptical, as you say, romantic, not really based on any reality, but a sort of romantic view that America can stand by itself in the world. I mean, I see Trump actually as a sort of an effort to sort of throw back to mercantile capitalism in a way. You know, which was not just pre-industrial, but was also pre-democracy, run by monarchs, which I'm sure appeals to him, and it was based on, you know, large—there were large tariffs. You couldn't import things in the UK. If you want to import anything to the UK, you have to send it on a British ship because of the navigation laws. It was a very protectionist system and it's actually, you know, as I said, had a lot of parallels with what Trump's trying to do or tries to do until he backs off.Andrew Keen: You cheat a little bit in the book in the sense that you—everyone has their own chapter. We'll talk a little bit about Hayek and Smith and Lenin and Friedman. You do have one chapter on Marx, but you also have a chapter on Engels. So you kind of cheat. You combine the two. Is it possible, though, to do—and you've just written this book, so you know this as well as anyone. How do you write a book about capitalism and its critics and only really give one chapter to Marx, who is so dominant? I mean, you've got lots of Marxists in the book, including Lenin and Luxemburg. How fundamental is Marx to a criticism of capitalism? Is most criticism, especially from the left, from progressives, is it really just all a footnote to Marx?John Cassidy: I wouldn't go that far, but I think obviously on the left he is the central figure. But there's an element of sort of trying to rebuild Engels a bit in this. I mean, I think of Engels and Marx—I mean obviously Marx wrote the great classic "Capital," etc. But in the 1840s, when they both started writing about capitalism, Engels was sort of ahead of Marx in some ways. I mean, the sort of materialist concept, the idea that economics rules everything, Engels actually was the first one to come up with that in an essay in the 1840s which Marx then published in one of his—in the German newspaper he worked for at the time, radical newspaper, and he acknowledged openly that that was really what got him thinking seriously about economics, and even in the late—in 20, 25 years later when he wrote "Capital," all three volumes of it and the Grundrisse, just these enormous outpourings of analysis on capitalism.He acknowledged Engels's role in that and obviously Engels wrote the first draft of the Communist Manifesto in 1848 too, which Marx then topped and tailed and—he was a better writer obviously, Marx, and he gave it the dramatic language that we all know it for. So I think Engels and Marx together obviously are the central sort of figures in the sort of left-wing critique. But they didn't start out like that. I mean, they were very obscure, you've got to remember.You know, they were—when they were writing, Marx was writing "Capital" in London, it never even got published in English for another 20 years. It was just published in German. He was basically an expat. He had been thrown out of Germany, he had been thrown out of France, so England was last resort and the British didn't consider him a threat so they were happy to let him and the rest of the German sort of left in there. I think it became—it became the sort of epochal figure after his death really, I think, when he was picked up by the left-wing parties, which are especially the SPD in Germany, which was the first sort of socialist mass party and was officially Marxist until the First World War and there were great internal debates.And then of course, because Lenin and the Russians came out of that tradition too, Marxism then became the official doctrine of the Soviet Union when they adopted a version of it. And again there were massive internal arguments about what Marx really meant, and in fact, you know, one interpretation of the last 150 years of left-wing sort of intellectual development is as a sort of argument about what did Marx really mean and what are the important bits of it, what are the less essential bits of it. It's a bit like the "what did Keynes really mean" that you get in liberal circles.So yeah, Marx, obviously, this is basically an intellectual history of critiques of capitalism. In that frame, he is absolutely a central figure. Why didn't I give him more space than a chapter and a chapter and a half with Engels? There have been a million books written about Marx. I mean, it's not that—it's not that he's an unknown figure. You know, there's a best-selling book written in Britain about 20 years ago about him and then I was quoting, in my biographical research, I relied on some more recent, more scholarly biographies. So he's an endlessly fascinating figure but I didn't want him to dominate the book so I gave him basically the same space as everybody else.Andrew Keen: You've got, as I said, you've got a chapter on Adam Smith who's often considered the father of economics. You've got a chapter on Keynes. You've got a chapter on Friedman. And you've got a chapter on Hayek, all the great modern economists. Is it possible, John, to be a distinguished economist one way or the other and not be a critic of capitalism?John Cassidy: Well, I don't—I mean, I think history would suggest that the greatest economists have been critics of capitalism in their own time. People would say to me, what the hell have you got Milton Friedman and Friedrich Hayek in a book about critics of capitalism? They were great exponents, defenders of capitalism. They loved the system. That is perfectly true. But in the 1930s, 40s, 50s, 60s, and 70s, middle of the 20th century, they were actually arch-critics of the ruling form of capitalism at the time, which was what I call managed capitalism. What some people call Keynesianism, what other people call European social democracy, whatever you call it, it was a model of a mixed economy in which the government played a large role both in propping up demand and in providing an extensive social safety net in the UK and providing public healthcare and public education. It was a sort of hybrid model.Most of the economy in terms of the businesses remained in private hands. So most production was capitalistic. It was a capitalist system. They didn't go to the Soviet model of nationalizing everything and Britain did nationalize some businesses, but most places didn't. The US of course didn't but it was a form of managed capitalism. And Hayek and Friedman were both great critics of that and wanted to sort of move back to 19th century laissez-faire model.Keynes was a—was actually a great, I view him anyway, as really a sort of late Victorian liberal and was trying to protect as much of the sort of J.S. Mill view of the world as he could, but he thought capitalism had one fatal flaw: that it tended to fall into recessions and then they can snowball and the whole system can collapse which is what had basically happened in the early 1930s until Keynesian policies were adopted. Keynes sort of differed from a lot of his followers—I have a chapter on Joan Robinson in there, who were pretty left-wing and wanted to sort of use Keynesianism as a way to shift the economy quite far to the left. Keynes didn't really believe in that. He has a famous quote that, you know, once you get to full employment, you can then rely on the free market to sort of take care of things. He was still a liberal at heart.Going back to Adam Smith, why is he in a book on criticism of capitalism? And again, it goes back to what I said at the beginning. He actually wrote "The Wealth of Nations"—he explains in the introduction—as a critique of mercantile capitalism. His argument was that he was a pro-free trader, pro-small business, free enterprise. His argument was if you get the government out of the way, we don't need these government-sponsored monopolies like the East India Company. If you just rely on the market, the sort of market forces and competition will produce a good outcome. So then he was seen as a great—you know, he is then seen as the apostle of free market capitalism. I mean when I started as a young reporter, when I used to report in Washington, all the conservatives used to wear Adam Smith badges. You don't see Donald Trump wearing an Adam Smith badge, but that was the case.He was also—the other aspect of Smith, which I highlight, which is not often remarked on—he's also a critic of big business. He has a famous section where he discusses the sort of tendency of any group of more than three businessmen when they get together to try and raise prices and conspire against consumers. And he was very suspicious of, as I say, large companies, monopolies. I think if Adam Smith existed today, I mean, I think he would be a big supporter of Lina Khan and the sort of antitrust movement, he would say capitalism is great as long as you have competition, but if you don't have competition it becomes, you know, exploitative.Andrew Keen: Yeah, if Smith came back to live today, you have a chapter on Thomas Piketty, maybe he may not be French, but he may be taking that position about how the rich benefit from the structure of investment. Piketty's core—I've never had Piketty on the show, but I've had some of his followers like Emmanuel Saez from Berkeley. Yeah. How powerful is Piketty's critique of capitalism within the context of the classical economic analysis from Hayek and Friedman? Yeah, it's a very good question.John Cassidy: It's a very good question. I mean, he's a very paradoxical figure, Piketty, in that he obviously shot to world fame and stardom with his book on capital in the 21st century, which in some ways he obviously used the capital as a way of linking himself to Marx, even though he said he never read Marx. But he was basically making the same argument that if you leave capitalism unrestrained and don't do anything about monopolies etc. or wealth, you're going to get massive inequality and he—I think his great contribution, Piketty and the school of people, one of them you mentioned, around him was we sort of had a vague idea that inequality was going up and that, you know, wages were stagnating, etc.What he and his colleagues did is they produced these sort of scientific empirical studies showing in very simple to understand terms how the sort of share of income and wealth of the top 10 percent, the top 5 percent, the top 1 percent and the top 0.1 percent basically skyrocketed from the 1970s to about 2010. And it was, you know, he was an MIT PhD. Saez, who you mentioned, is a Berkeley professor. They were schooled in neoclassical economics at Harvard and MIT and places like that. So the right couldn't dismiss them as sort of, you know, lefties or Trots or whatever who're just sort of making this stuff up. They had to acknowledge that this was actually an empirical reality.I think it did change the whole basis of the debate and it was sort of part of this reaction against capitalism in the 2010s. You know it was obviously linked to the sort of Sanders and the Occupy Wall Street movement at the time. It came out of the—you know, the financial crisis as well when Wall Street disgraced itself. I mean, I wrote a previous book on all that, but people have sort of, I think, forgotten the great reaction against that a decade ago, which I think even Trump sort of exploited, as I say, by using anti-banker rhetoric at the time.So, Piketty was a great figure, I think, from, you know, I was thinking, who are the most influential critics of capitalism in the 21st century? And I think you'd have to put him up there on the list. I'm not saying he's the only one or the most eminent one. But I think he is a central figure. Now, of course, you'd think, well, this is a really powerful critic of capitalism, and nobody's going to pick up, and Bernie's going to take off and everything. But here we are a decade later now. It seems to be what the backlash has produced is a swing to the right, not a swing to the left. So that's, again, a sort of paradox.Andrew Keen: One person I didn't expect to come up in the book, John, and I was fascinated with this chapter, is Silvia Federici. I've tried to get her on the show. We've had some books about her writing and her kind of—I don't know, you treat her critique as a feminist one. The role of women. Why did you choose to write a chapter about Federici and that feminist critique of capitalism?John Cassidy: Right, right. Well, I don't think it was just feminist. I'll explain what I think it was. Two reasons. Number one, I wanted to get more women into the book. I mean, it's in some sense, it is a history of economics and economic critiques. And they are overwhelmingly written by men and women were sort of written out of the narrative of capitalism for a very long time. So I tried to include as many sort of women as actual thinkers as I could and I have a couple of early socialist feminist thinkers, Anna Wheeler and Flora Tristan and then I cover some of the—I cover Rosa Luxemburg as the great sort of tribune of the left revolutionary socialist, communist whatever you want to call it. Anti-capitalist I think is probably also important to note about. Yeah, and then I also have Joan Robinson, but I wanted somebody to do something in the modern era, and I thought Federici, in the world of the Wages for Housework movement, is very interesting from two perspectives.Number one, Federici herself is a Marxist, and I think she probably would still consider herself a revolutionary. She's based in New York, as you know now. She lived in New York for 50 years, but she came from—she's originally Italian and came out of the Italian left in the 1960s, which was very radical. Do you know her? Did you talk to her? I didn't talk to her on this. No, she—I basically relied on, there has been a lot of, as you say, there's been a lot of stuff written about her over the years. She's written, you know, she's given various long interviews and she's written a book herself, a version, a history of housework, so I figured it was all there and it was just a matter of pulling it together.But I think the critique, why the critique is interesting, most of the book is a sort of critique of how capitalism works, you know, in the production or you know, in factories or in offices or you know, wherever capitalist operations are working, but her critique is sort of domestic reproduction, as she calls it, the role of unpaid labor in supporting capitalism. I mean it goes back a long way actually. There was this moment, I sort of trace it back to the 1940s and 1950s when there were feminists in America who were demonstrating outside factories and making the point that you know, the factory workers and the operations of the factory, it couldn't—there's one of the famous sort of tire factory in California demonstrations where the women made the argument, look this factory can't continue to operate unless we feed and clothe the workers and provide the next generation of workers. You know, that's domestic reproduction. So their argument was that housework should be paid and Federici took that idea and a couple of her colleagues, she founded the—it's a global movement, but she founded the most famous branch in New York City in the 1970s. In Park Slope near where I live actually.And they were—you call it feminists, they were feminists in a way, but they were rejected by the sort of mainstream feminist movement, the sort of Gloria Steinems of the world, who Federici was very critical of because she said they ignored, they really just wanted to get women ahead in the sort of capitalist economy and they ignored the sort of underlying from her perspective, the underlying sort of illegitimacy and exploitation of that system. So they were never accepted as part of the feminist movement. They're to the left of the Feminist Movement.Andrew Keen: You mentioned Keynes, of course, so central in all this, particularly his analysis of the role of automation in capitalism. We did a show recently with Robert Skidelsky and I'm sure you're familiar—John Cassidy: Yeah, yeah, great, great biography of Keynes.Andrew Keen: Yeah, the great biographer of Keynes, whose latest book is "Mindless: The Human Condition in the Age of AI." You yourself wrote a brilliant book on the last tech mania and dot-com capitalism. I used it in a lot of my writing and books. What's your analysis of AI in this latest mania and the role generally of manias in the history of capitalism and indeed in critiquing capitalism? Is AI just the next chapter of the dot-com boom?John Cassidy: I think it's a very deep question. I think I'd give two answers to it. In one sense it is just the latest mania the way—I mean, the way capitalism works is we have these, I go back to Kondratiev, one of my Russian economists who ended up being killed by Stalin. He was the sort of inventor of the long wave theory of capitalism. We have these short waves where you have sort of booms and busts driven by finance and debt etc. But we also have long waves driven by technology.And obviously, in the last 40, 50 years, the two big ones are the original deployment of the internet and microchip technology in the sort of 80s and 90s culminating in the dot-com boom of the late 90s, which as you say, I wrote about. Thanks very much for your kind comments on the book. If you just sort of compare it from a financial basis I think they are very similar just in terms of the sort of role of hype from Wall Street in hyping up these companies. The sort of FOMO aspect of it among investors that they you know, you can't miss out. So just buy the companies blindly. And the sort of lionization in the press and the media of, you know, of AI as the sort of great wave of the future.So if you take a sort of skeptical market based approach, I would say, yeah, this is just another sort of another mania which will eventually burst and it looked like it had burst for a few weeks when Trump put the tariffs up, now the market seemed to be recovering. But I think there is, there may be something new about it. I am not, I don't pretend to be a technical expert. I try to rely on the evidence of or the testimony of people who know the systems well and also economists who have studied it. It seems to me the closer you get to it the more alarming it is in terms of the potential shock value that there is there.I mean Trump and the sort of reaction to a larger extent can be traced back to the China shock where we had this global shock to American manufacturing and sort of hollowed out a lot of the industrial areas much of it, like industrial Britain was hollowed out in the 80s. If you, you know, even people like Altman and Elon Musk, they seem to think that this is going to be on a much larger scale than that and will basically, you know, get rid of the professions as they exist. Which would be a huge, huge shock. And I think a lot of the economists who studied this, who four or five years ago were relatively optimistic, people like Daron Acemoglu, David Autor—Andrew Keen: Simon Johnson, of course, who just won the Nobel Prize, and he's from England.John Cassidy: Simon, I did an event with Simon earlier this week. You know they've studied this a lot more closely than I have but I do interview them and I think five, six years ago they were sort of optimistic that you know this could just be a new steam engine or could be a microchip which would lead to sort of a lot more growth, rising productivity, rising productivity is usually associated with rising wages so sure there'd be short-term costs but ultimately it would be a good thing. Now, I think if you speak to them, they see since the, you know, obviously, the OpenAI—the original launch and now there's just this huge arms race with no government involvement at all I think they're coming to the conclusion that rather than being developed to sort of complement human labor, all these systems are just being rushed out to substitute for human labor. And it's just going, if current trends persist, it's going to be a China shock on an even bigger scale.You know what is going to, if that, if they're right, that is going to produce some huge political backlash at some point, that's inevitable. So I know—the thing when the dot-com bubble burst, it didn't really have that much long-term impact on the economy. People lost the sort of fake money they thought they'd made. And then the companies, obviously some of the companies like Amazon and you know Google were real genuine profit-making companies and if you bought them early you made a fortune. But AI does seem a sort of bigger, scarier phenomenon to me. I don't know. I mean, you're close to it. What do you think?Andrew Keen: Well, I'm waiting for a book, John, from you. I think you can combine dot-com and capitalism and its critics. We need you probably to cover it—you know more about it than me. Final question, I mean, it's a wonderful book and we haven't even scratched the surface everyone needs to get it. I enjoyed the chapter, for example, on Karl Polanyi and so much more. I mean, it's a big book. But my final question, John, is do you have any regrets about anyone you left out? The one person I would have liked to have been included was Rawls because of his sort of treatment of capitalism and luck as a kind of casino. I'm not sure whether you gave any thought to Rawls, but is there someone in retrospect you should have had a chapter on that you left out?John Cassidy: There are lots of people I left out. I mean, that's the problem. I mean there have been hundreds and hundreds of critics of capitalism. Rawls, of course, incredibly influential and his idea of the sort of, you know, the veil of ignorance that you should judge things not knowing where you are in the income distribution and then—Andrew Keen: And it's luck. I mean the idea of some people get lucky and some people don't.John Cassidy: It is the luck of the draw, obviously, what card you pull. I think that is a very powerful critique, but I just—because I am more of an expert on economics, I tended to leave out philosophers and sociologists. I mean, you know, you could say, where's Max Weber? Where are the anarchists? You know, where's Emma Goldman? Where's John Kenneth Galbraith, the sort of great mid-century critic of American industrial capitalism? There's so many people that you could include. I mean, I could have written 10 volumes. In fact, I refer in the book to, you know, there's always been a problem. G.D.H. Cole, a famous English historian, wrote a history of socialism back in the 1960s and 70s. You know, just getting to 1850 took him six volumes. So, you've got to pick and choose, and I don't claim this is the history of capitalism and its critics. That would be a ridiculous claim to make. I just claim it's a history written by me, and hopefully the people are interested in it, and they're sufficiently diverse that you can address all the big questions.Andrew Keen: Well it's certainly incredibly timely. Capitalism and its critics—more and more of them. Sometimes they don't even describe themselves as critics of capitalism when they're talking about oligarchs or billionaires, they're really criticizing capitalism. A must read from one of America's leading journalists. And would you call yourself a critic of capitalism, John?John Cassidy: Yeah, I guess I am, to some extent, sure. I mean, I'm not a—you know, I'm not on the far left, but I'd say I'm a center-left critic of capitalism. Yes, definitely, that would be fair.Andrew Keen: And does the left need to learn? Does everyone on the left need to read the book and learn the language of anti-capitalism in a more coherent and honest way?John Cassidy: I hope so. I mean, obviously, I'd be talking my own book there, as they say, but I hope that people on the left, but not just people on the left. I really did try to sort of be fair to the sort of right-wing critiques as well. I included the Carlyle chapter particularly, obviously, but in the later chapters, I also sort of refer to this emerging critique on the right, the sort of economic nationalist critique. So hopefully, I think people on the right could read it to understand the critiques from the left, and people on the left could read it to understand some of the critiques on the right as well.Andrew Keen: Well, it's a lovely book. It's enormously erudite and simultaneously readable. Anyone who likes John Cassidy's work from The New Yorker will love it. Congratulations, John, on the new book, and I'd love to get you back on the show as anti-capitalism in America picks up steam and perhaps manifests itself in the 2028 election. Thank you so much.John Cassidy: Thanks very much for inviting me on, it was fun.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. 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

Danny Moses interviews Dr. Jim Walker from Aletheia Capital. They discuss Dr. Walker's pioneering of independent research firm Asianomics, its evolution, and current focus at Aletheia Capital. The conversation delves into the differences between the Austrian School of Economics and Keynesian economic theories, particularly in how government interventions impact the economy. Dr. Walker shares insights on the Thai baht devaluation of 1997 and its parallels to current economic conditions. The discussion also covers the recent US tariff policies, their impact on global trade, and the potential for a recession in the US. Later in the episode, Dr. Walker touches on geopolitical risks like the potential China-Taiwan conflict and their economic implications. On a lighter note, they talk about Dr. Walker's passion for horse racing and Scottish football. Stick around after the interview for Danny's Kentucky Derby preview! --ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

Mentor Sessions Ep.007: Unravel the Mysteries of Money and Economics with Dr. Robert P. Murphy!Dive into the fascinating world of money creation, central banks, and the shifting global economy in this must-watch episode! Dr. Robert P. Murphy, a PhD economist from NYU and Senior Fellow at the Mises Institute, explains how US dollars are created, why the US dollar's reign as the global reserve currency is declining, and what Bitcoin means for the future of money. From the role of commercial banks in expanding the money supply to the flaws in Modern Monetary Theory (MMT), the Chicago School, and Keynesian economics, this video breaks it all down. Curious about inflation, monetary policy, or how to prepare for a Bitcoin standard? Whether you're an economics enthusiast or a Bitcoin beginner, this episode offers clear, actionable insights into the monetary system and cryptocurrency's rise as sound money.Chapters:• 00:00 - Episode IntroductionThe video kicks off with introductory clips previewing key topics like Bitcoin and the US dollar.• 01:15 - The Origins of MoneyDr. Murphy dives into the historical evolution from barter to fiat systems.• 06:30 - Modern Banking ExplainedLearn the mechanics of fractional reserve banking and central bank policies.• 12:00 - Economic Growth and Money SupplyAn Austrian economics take on whether an economy needs more money to grow.• 18:45 - Bitcoin's Monetary PotentialExplore Bitcoin's fixed supply and its implications for the future of money.• 25:00 - Shifts in Global CurrencySigns of a changing monetary landscape and the decline of the US dollar.• 35:30 - Austrian vs. Mainstream EconomicsA comparison of Austrian economics to Keynesian and other mainstream approaches.• 50:00 - Steps Toward Sound MoneyActionable advice for preparing for a future with sound money.About Dr. Robert P. Murphy: • Mises Institute Profile: https://mises.org/profile/robert-p-murphy• Infineo Website: https://infineo.io/• Human Action Podcast: https://mises.org/library/human-action-podcast• Follow Dr. Murphy on X: https://x.com/BobMurphyEconSchedule a Free Discovery Session with Nathan to learn more about how Bitcoin Mentor can Fast-Track your Bitcoin Education and Level Up your Self-Custody Security: https://bitcoinmentor.io/?fluent-booking=calendar&host=nathan-1712797202&event=30minStruggling to explain Bitcoin to friends and family without losing them to complexity or misinformation? Blockhunters - The Bitcoin Board Game is your solution—a fast-paced, strategic game crafted by Bitcoin enthusiasts to make learning about Bitcoin fun and effortless. Through real-world stories like the García family battling hyperinflation or Omar escaping the CFA franc system, players build a blockchain, protect private keys, and compete for block rewards in just 30 minutes. It's the ultimate tool for orangepilling at meetups, game nights, or casual gatherings—no preaching required. Visit https://blockhuntersgame.com/ and use code BTCMENTOR for 10% off to start sparking Bitcoin curiosity today!FREE Bitcoin Book Giveaway:New to Bitcoin? Get Magic Internet Money by Jesse Berger FREE! Click here: https://bitcoinmentororange.com/magic-internet-moneyBOOK private one-on-one sessions with BITCOIN MENTOR! Learn self custody, hardware, multisig, lightning, privacy, running a node, and plenty more - all from a team of top notch educators that I've personally vetted.https://bitcoinmentor.io/Subscribe to Mentor Sessions:Don't miss out—subscribe and follow us: BTC Sessions: x.com/BTCsessionsNathan: x.com/theBTCmentorGary: x.com/GaryLeeNYC#Economics #Bitcoin #Blockchain #MonetarySystem #CentralBanks #USDollar #BitcoinEducation #LearnBitcoin #Crypto #Cryptocurrency #Finance #Money #RobertPMurphy #BobMurphyEcon #BitcoinPodcast #Freedom #Podcast #MentorSessions #btcryptoinprice

Tom welcomes back Tim Price, Director at Price Value Partners. The discussion begins around the importance of filtering information in today's overwhelming media landscape. He suggests turning off legacy media and instead seeking alternative sources like Substack or Twitter for deeper insights. Price warns against over-financialization and the risks it poses to economic stability, advocating for a return to fundamental principles such as value investing and staying within one's zone of competence. He highlights the current geopolitical chaos as a critical moment, noting similarities to past crises like the 1930s. Price critiques Keynesian economics, arguing that treating the economy as a machine fails to account for human behavior. He also discusses the collapse of trust in institutions, particularly after events like Brexit and the Trump presidency, which have led to increased skepticism among voters. Price underscores the role of gold as a reliable store of value during uncertain times, contrasting it with the speculative nature of cryptocurrencies. He advises investors to focus on long-term strategies, avoid getting spooked by short-term market fluctuations, and resist the urge to follow every financial fad. Price stresses the importance of emotional discipline in investing, referencing stoicism as a key trait for navigating volatile markets. He also touches on the destructive impact of unaccountability among elites, comparing it to historical precedents that led to societal destabilization. Timestamp References:0:00 - Introduction0:38 - News Cycle Avoidance4:50 - Finding & Filtering Info7:42 - Confirmation Bias12:37 - Economic Ivory Towers19:28 - Sapiens - Yuval Harari22:45 - Repeating Cycles & Problems27:46 - Consequential Times33:06 - Fragility & Chaos Theory35:52 - Multiflation & Bad Economics37:34 - Gold Signs & Revolution42:44 - Rumors & Market Reactions48:00 - Age of Unaccountability50:28 - Wrap Up Guest Links:X: https://x.com/TimPrice1969Website: https://www.pricevaluepartners.com/War On Cash: https://www.pricevaluepartners.com/war-on-cash/Articles: https://www.pricevaluepartners.com/commentaryTim's Podcast: State of the Markets BooksTim's Book (Amazon): https://www.amazon.ca/Investing-Through-Looking-Glass-Irrational/dp/0857195360 Book Recommendations:180 Degrees (Amazon): http://tinyurl.com/3vjvpnud Tim Price has worked in the capital markets for over 30 years. A graduate of Christ Church, Oxford, he spent a decade as a bond specialist before going on to serve as Chief Investment Officer at three separate wealth management firms. Tim has been shortlisted for five successive years in the UK Private Asset Managers Awards program and was a winner in 2005 in the category of Defensive Investing. He is now co-manager of the VT Price Value Portfolio, a fund investing in Benjamin Graham-style value stocks, and specialist value funds, from around the world. He also co-manages bespoke private client portfolios. Tim writes for MoneyWeek Magazine and The Spectator, and his weekly commentaries are freely available at the Price Value Partners website.

#Bitcoin #Fiat #Money #inflation Joe Bryan - creator of the educational video "What's The Problem?"  @SatsVsFiat  - joins Keyvan Davani for a deep-dive conversation on the root-problem & root-solution of human civilization. Here's a summary of the conversation:* **Introduction of Joe Brian:** * Joe Brian created "What's the Problem," a video explaining Bitcoin's importance. * Background in physics, derivatives trading, entrepreneurship; now focused solely on Bitcoin.* **Fiat System and Awareness:** * Specialization in finance discourages broader understanding. * Austrian economics not formally taught; often actively contradicted. * Financial professionals either indoctrinated Keynesians or focused on specific products. * Limited understanding of monetary corruption within the financial system. * Difficult to motivate individuals to learn truths that undermine their jobs.* **Education and Austrian Economics:** * Austrian economics seen as obvious, its absence in education is "criminal." * Central banking era coincides with changes in education to prevent questioning. * Engineers/scientists make good economists due to systems thinking (cause & effect). * Economic systems must be built on human action to be effective.* **Central Banking Critique:** * Central banking seen as a ludicrous attempt to control the economy by corrupting money. * Instability created by those justifying their presence by solving it. * Education system propagandizes the unquestioned pillar of central banking.* **Storytelling and Bitcoin Adoption:** * Delivering information as a story aids memory and understanding. * Goal is to "plant the orange seed" to motivate deeper exploration of Bitcoin. * "What's the Problem" avoids specific details like central banking/fractional reserve to broaden appeal. * These details are for later unraveling as people delve deeper.* **Bitcoin's Properties:** * Bitcoin is the hardest money with ideal properties: decentralized, scarce, censorship-resistant.* **Reactions to "What's the Problem":** * Overwhelmingly positive reactions. * Reactions range from simple understanding to mind-blown realizations. * Pushback is minimal, usually from those entrenched in opposing viewpoints. * Video serves as a starting point, directing people to further resources.* **Deflation and Abundance:** * Deflation (falling prices, rising quality) is key to abundance. * Video illustrates this concept without explicitly using the term "deflation." * Free market/capitalism naturally leads to this abundance when left unhindered.* **Intervention and Consequences:** * Interference with free markets causes disturbances, inefficiencies, and problems. * This creates justification for further intervention, a cycle seen in central banking/socialism. * Socialism and communism are aberrations on the natural system, leading to guaranteed death of a system.* **Bitcoin as a Solution:** * Bitcoin is the first global free market, liberating people from tyranny and providing independence. * No technology provides a level of control in people's lives. * Criminal accountability for central bankers is non existent.Follow Joe on X: https://x.com/satmojoe & https://x.com/satsvsfiatWebsite: https://www.satsvsfiat.com/#heroPlease, share this highly educational conversation with your family & friends.Follow Keyvan Davani on X: https://x.com/keyvandavaniLike, share, follow, & subscribe to Davani on social media & YouTube. Thank you for your support!Bitcoin-Podcast: https://anchor.fm/keyvandavaniPodcast-Platforms you can listen to my show: Fountain.fm: fountain.fm/keyvandavani Apple Podcast: https://apple.co/2IA2dhVGoogle Podcast: https://bit.ly/31rSymqSpotify: https://spoti.fi/2wOfq1kE-mail: info@bitcoin21.at Websites: bitcoin21.at , bitcoinmentor.at

Was Keynes a brilliant economist—or the architect of modern socialism? In this explosive lecture, Edward Fuller uncovers the political roots of Keynesian theory and exposes the myth behind its most influential model.The Henry Hazlitt Memorial Lecture, sponsored by Shone Sadler. Includes a welcome by Joseph T. Salerno.The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian school, bringing together leading scholars doing research in this vibrant and influential intellectual tradition. For more information, visit https://Mises.org.

Interview recorded - 15th of March, 2025On this episode of the WTFinance podcast I have the pleasure of welcoming on Dr Steve Keen. Steve is a critically acclaimed economist who is looking to debunk traditional economics. During our conversation we spoke about the current state of the global economy, why economists have everything wrong, why Trump should not be cutting the deficit, what this will lead to and more. I hope you enjoy!0:00 - Introduction1:19 - Overview of global economy3:24 - Why is cutting the deficit wrong?6:26 - Government spending sustainable?20:19 - UK poor example21:01 - Best deficit?23:46 - Interest rates not an issue30:31- Financialisation39:46 - One message to takeaway from our conversation?Steve Keen is an Australian economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific, and empirically unsupported.Keen was formerly an associate professor of economics at University of Western Sydney. In 2014, he became a professor and Head of the School of Economics, History and Politics at Kingston University in London. He has since taken retirement and is crowd source funded to undertake independent research as well as being a Distinguished Research Fellow at the Institute for Strategy Resilience & Security, University College London.Steve Keen - YouTube -  @ProfSteveKeen  Substack - https://profstevekeen.substack.com/Website - https://www.stevekeenfree.com/free-book7X - https://x.com/ProfSteveKeenWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

“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

Nearly a century after President Franklin Delano Roosevelt spearheaded a sweeping set of economic policies known as the New Deal, the debate still rages over whether he was a hero or a villain. Defenders of the New Deal credit it with ending the Great Depression and pioneering a number of important social programs. Detractors claim it prolonged the Depression due to the reckless government spending demanded by Keynesian economics. Matt Kibbe sits down with George Selgin, author of "False Dawn," who argues that both of these viewpoints miss important details about the New Deal and its impact on the economy. In the first place, it was not particularly Keynesian in its approach to spending. Instead, it was Roosevelt's hostility toward private industry that delayed America's recovery for so long.

Welcome to Soar Financially! In this episode, we're joined by Jim Thorne, Chief Market Strategist at Wellington-Altus, for a compelling discussion about the evolving global economy and what it means for investors. If you're curious about the future of gold, Bitcoin, and innovation in an era of deflationary risks and policy mistakes, this interview is a must-watch. Jim dives into the major shifts shaping the next six years, including the decline of Keynesian economics, the rise of productivity-driven growth, and how the Overton Window is transforming economic and political discourse. He also breaks down why gold and Bitcoin are poised to play critical roles in a new financial order and why innovation and AI will drive unprecedented opportunities for growth. Key topics include: ✅ The impending deflationary spiral and its impact on markets ✅ Why gold and Bitcoin are essential investments right now ✅ How demographic trends influence market cycles ✅ The role of government regulation and private sector innovation #Gold #Bitcoin #Economy ----------- Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: https://bit.ly/BUYGoldSilver ------------

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

In this deeply insightful episode of The Charlie Shrem Show, I sit down with Brian Estes, Chief Investment Officer of Off the Chain Capital, early Bitcoin OG, producer of the documentary God Bless Bitcoin, and a tireless advocate for financial truth. Brian's journey from traditional finance skeptic to one of Bitcoin's most vocal proponents is a story of discovery, conviction, and a mission to reshape the world.We explore:Bitcoin as Truth: How sacred texts across major religions align with Bitcoin's principles of fairness, abundance, and freedom from financial oppression.The Making of "God Bless Bitcoin": The inspiration behind the groundbreaking documentary that dives into Bitcoin's moral and ethical foundations, featuring interviews with Mark Cuban, Tony Hawk, Robert Kiyosaki, and more.The Fiat System vs. Bitcoin: How inflation, debt, and centralized monetary policy are eroding financial security—and why Bitcoin offers a solution rooted in long-term savings and thrift.Economic Philosophy Uncovered: Brian breaks down the battle between Keynesian and Austrian economics, revealing the hidden truths behind our global financial system.The Transition to a Bitcoin Standard: Could the U.S. pivot to Bitcoin as its strategic reserve? Brian shares insights into the potential global shift toward hard money and the implications for geopolitics and individual freedoms.We also discuss:The moral implications of Bitcoin and how it empowers individuals to live in alignment with timeless principles of abundance and responsibility.The pivotal role of Bitcoin in reshaping the world's monetary system, from defunding war machines to creating generational wealth.Why the younger generation faces unprecedented economic challenges—and how Bitcoin provides a way out.This episode is a thought-provoking journey into the intersection of finance, philosophy, and faith, offering listeners a fresh perspective on why Bitcoin is about more than just money—it's about building a better world.Don't Miss This!

Somebody's lying. The Federal Reserve and the Keynesian economists play the shell game with the people, and it is an outright violation of the 8th and 9th commandments. Though their speech is charming, do not believe them, for seven abominations fill their hearts. Here is one more attempt to uncover the most massive heist of all time — and it's the widows and retirees that are hit the hardest. This program includes: 1. The World View in 5 Minutes with Adam McManus (Actor James Woods saves 94-year-old man in CA fire; Trump wants Panama Canal back; McDonalds abandons woke DEI policies, embraces “Golden Rule”) 2. Generations with Kevin Swanson

Somebody's lying. The Federal Reserve and the Keynesian economists play the shell game with the people, and it is an outright violation of the 8th and 9th commandments. Though their speech is charming, do not believe them, for seven abominations fill their hearts. Here is one more attempt to uncover the most massive heist of all time — and it's the widows and retirees that are hit the hardest. This program includes:1. The World View in 5 Minutes with Adam McManus (Actor James Woods saves 94-year-old man in CA fire; Trump wants Panama Canal back; McDonalds abandons woke DEI policies, embraces "Golden Rule")2. Generations with Kevin Swanson

A central doctrine of the Keynesian system is the “liquidity trap” in which consumers hold money in anticipation of higher interest rates. The act of holding money allegedly promotes “underconsumption,” continuing the economic downturn. This doctrine, however, cannot withstand scrutiny.Original article: The Keynesian Liquidity Trap Fable

Imagine being told that the best way to help others is to first help yourself. This timeless piece of advice, often heard during airline safety briefings, holds true in the financial world. By taking control of your finances and prioritizing sound strategies, you position yourself to help others and contribute to society at large. The principles of Whole Life Insurance and Austrian Economics follow this same logic. They empower individuals to create stability and independence while reinforcing the broader economy's strength. https://www.youtube.com/live/Km2eIkcoRu4 Today, we'll explore how Whole Life Insurance aligns with Austrian Economics, offering a roadmap to financial freedom rooted in liberty, responsibility, and sustainable practices. This combination challenges the traditional norms of Keynesian economic policies and provides a better path for individual and societal growth. Why Whole Life Insurance and Austrian Economics MatterUnderstanding Austrian EconomicsWhole Life Insurance as a Sound Money SolutionThe Infinite Banking Concept and Austrian EconomicsThe Clash Between Austrian and Keynesian EconomicsThe Power of Whole Life Insurance and Austrian EconomicsTake Control of Your Financial Future Why Whole Life Insurance and Austrian Economics Matter If you've ever felt like the financial system is working against you, you're not alone. Many people are disillusioned by the boom-and-bust cycles, inflation, and instability caused by government intervention in the economy. Austrian Economics offers an alternative approach, emphasizing free markets, individual responsibility, and sound money principles. Whole Life Insurance complements this philosophy by providing a private, stable financial system that empowers individuals to take control of their banking needs. By understanding how Whole Life Insurance and Austrian Economics intersect, you can: Escape the pitfalls of inflationary banking practices. Build lasting wealth on a foundation of stability. Participate in a financial system that prioritizes freedom and personal choice. Let's unpack these concepts and discover why they're the perfect pairing for those seeking financial independence. Understanding Austrian Economics Austrian Economics is built on the principle of liberty—freedom for individuals to make choices that benefit themselves and, in turn, society. Unlike Keynesian Economics, which relies on government intervention to manage demand and manipulate the money supply, Austrian Economics trusts the free market to allocate resources efficiently. This philosophy emphasizes: Individual Choice: People know their needs best and should be free to make decisions without excessive interference. Sound Money: A stable currency that retains value over time is essential to economic stability. Market Efficiency: Free markets naturally balance supply and demand, avoiding the artificial booms and busts caused by intervention. These principles align with the structure of Whole Life Insurance, which operates on sound money practices, making it an ideal financial tool for those who value the Austrian approach. Whole Life Insurance as a Sound Money Solution Whole Life Insurance is unique in that it mirrors the values of Austrian Economics. Unlike banks that engage in fractional reserve lending—creating more money than exists in deposits—life insurance companies operate within the constraints of real savings. When you borrow against your Whole Life Insurance policy, you're not inflating the money supply; you're using funds backed by actual value. This approach eliminates the inflationary pressures associated with traditional banking systems and ensures that your financial foundation remains secure. By adopting Whole Life Insurance, you take control of your financial destiny, just as Austrian Economics advocates for individuals to take control of economic decisions.

We briefly review the bad Christmas takes from both the pro-Christmas and anti-Christmas Evangelical world, we wander momentarily back into Catholics attacking Catholicism, we breeze by the Church Fathers on social media, and finish with Jimmy Carter lovers embracing Reaganomics to stick it to conservatives somehow. But it all makes sense if you would just ignore the obvious and embrace the nuance! Israel, Palestine, Antisemitism, Jews, Catholicism, Jimmy Carter, economy, economics, free market

This episode is presented by Create A Video – Chad Adams in for Pete, talking about political alignment of the left and right over the last 20 years. and how they have changed, immigration/economic discussion, Keynesian economic theory with caller John, Jeffrey Epstein client list not being made public yet, The deviants of the Hollywood liberal left, and caller Joe commenting that the right must deal with the consequences of their actions in the past. Subscribe to the podcast at: https://ThePeteKalinerShow.com/ All the links to Pete's Prep are free: https://patreon.com/petekalinershow Media Bias Check: If you choose to subscribe, get 15% off here! Advertising inquiries: Pete@ThePeteKalinerShow.comGet exclusive content here!: https://thepetekalinershow.com/See omnystudio.com/listener for privacy information.

Five hundred years ago, Thomas Wolsey endowed in Oxford a foundation he called Cardinal's College. Henry VIII, the monarch who dismissed and ruined him, re-established it as Christ Church later in his reign as an institution rich, spacious and imposing beyond any other. It would help young men of Tudor England and beyond to study history, improve their minds, enlarge imaginations and broaden experience for the benefit of the realm - under the tutelage, of course, of some remarkable dons. Generations of students had their intellects and world perspectives shaped by Oxford. It was believed that the study of history - touching the ancient world at one end and modern politics at the other - interlaced with geography, economics, political science, law and modern languages, would demonstrate the reasons for the success or failure of states. The student would be taught - in Sir Isaiah Berlin's memorable phrase - to 'spot the bunk!' In History in the House: Some Remarkable Dons and the Teaching of Politics, Character and Statecraft (William Collins, 2024), acclaimed historian Richard Davenport- Hines examines the intimate connections between British politics, statecraft and the Oxford University history course. He explores the temperaments, ideas, imagination, prejudices, intentions and influence of a select and self-regulated group of men who taught modern history at Christ Church: Frederick York Powell, Arthur Hassall, Keith Feiling, J. C. Masterman, Roy Harrod, Patrick Gordon Walker, Hugh Trevor-Roper and Robert Blake; by turns an unruly Victorian radical, a staunch legitimist of the Protestant settlement, a Tory, a Whig, a Keynesian, a socialist, a rationalist who enjoyed mischief and a student of realpolitik. These dons, with their challenging and sometimes contradictory opinions, explored with their pupils the wielding of power, the art of persuasion and the exercise of civil and political responsibility. Intelligent, strenuous and aware of the treachery and uncontrollability of things in the world, they studied the crimes, follies, misfortunes, incapacity, muddle and disloyalty of humankind in every generation. History in the House offers an unforgettable portrait of these men, their enduring influence and the significance of their arguments to public life today. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Five hundred years ago, Thomas Wolsey endowed in Oxford a foundation he called Cardinal's College. Henry VIII, the monarch who dismissed and ruined him, re-established it as Christ Church later in his reign as an institution rich, spacious and imposing beyond any other. It would help young men of Tudor England and beyond to study history, improve their minds, enlarge imaginations and broaden experience for the benefit of the realm - under the tutelage, of course, of some remarkable dons. Generations of students had their intellects and world perspectives shaped by Oxford. It was believed that the study of history - touching the ancient world at one end and modern politics at the other - interlaced with geography, economics, political science, law and modern languages, would demonstrate the reasons for the success or failure of states. The student would be taught - in Sir Isaiah Berlin's memorable phrase - to 'spot the bunk!' In History in the House: Some Remarkable Dons and the Teaching of Politics, Character and Statecraft (William Collins, 2024), acclaimed historian Richard Davenport- Hines examines the intimate connections between British politics, statecraft and the Oxford University history course. He explores the temperaments, ideas, imagination, prejudices, intentions and influence of a select and self-regulated group of men who taught modern history at Christ Church: Frederick York Powell, Arthur Hassall, Keith Feiling, J. C. Masterman, Roy Harrod, Patrick Gordon Walker, Hugh Trevor-Roper and Robert Blake; by turns an unruly Victorian radical, a staunch legitimist of the Protestant settlement, a Tory, a Whig, a Keynesian, a socialist, a rationalist who enjoyed mischief and a student of realpolitik. These dons, with their challenging and sometimes contradictory opinions, explored with their pupils the wielding of power, the art of persuasion and the exercise of civil and political responsibility. Intelligent, strenuous and aware of the treachery and uncontrollability of things in the world, they studied the crimes, follies, misfortunes, incapacity, muddle and disloyalty of humankind in every generation. History in the House offers an unforgettable portrait of these men, their enduring influence and the significance of their arguments to public life today. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history

Five hundred years ago, Thomas Wolsey endowed in Oxford a foundation he called Cardinal's College. Henry VIII, the monarch who dismissed and ruined him, re-established it as Christ Church later in his reign as an institution rich, spacious and imposing beyond any other. It would help young men of Tudor England and beyond to study history, improve their minds, enlarge imaginations and broaden experience for the benefit of the realm - under the tutelage, of course, of some remarkable dons. Generations of students had their intellects and world perspectives shaped by Oxford. It was believed that the study of history - touching the ancient world at one end and modern politics at the other - interlaced with geography, economics, political science, law and modern languages, would demonstrate the reasons for the success or failure of states. The student would be taught - in Sir Isaiah Berlin's memorable phrase - to 'spot the bunk!' In History in the House: Some Remarkable Dons and the Teaching of Politics, Character and Statecraft (William Collins, 2024), acclaimed historian Richard Davenport- Hines examines the intimate connections between British politics, statecraft and the Oxford University history course. He explores the temperaments, ideas, imagination, prejudices, intentions and influence of a select and self-regulated group of men who taught modern history at Christ Church: Frederick York Powell, Arthur Hassall, Keith Feiling, J. C. Masterman, Roy Harrod, Patrick Gordon Walker, Hugh Trevor-Roper and Robert Blake; by turns an unruly Victorian radical, a staunch legitimist of the Protestant settlement, a Tory, a Whig, a Keynesian, a socialist, a rationalist who enjoyed mischief and a student of realpolitik. These dons, with their challenging and sometimes contradictory opinions, explored with their pupils the wielding of power, the art of persuasion and the exercise of civil and political responsibility. Intelligent, strenuous and aware of the treachery and uncontrollability of things in the world, they studied the crimes, follies, misfortunes, incapacity, muddle and disloyalty of humankind in every generation. History in the House offers an unforgettable portrait of these men, their enduring influence and the significance of their arguments to public life today. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/european-studies

Five hundred years ago, Thomas Wolsey endowed in Oxford a foundation he called Cardinal's College. Henry VIII, the monarch who dismissed and ruined him, re-established it as Christ Church later in his reign as an institution rich, spacious and imposing beyond any other. It would help young men of Tudor England and beyond to study history, improve their minds, enlarge imaginations and broaden experience for the benefit of the realm - under the tutelage, of course, of some remarkable dons. Generations of students had their intellects and world perspectives shaped by Oxford. It was believed that the study of history - touching the ancient world at one end and modern politics at the other - interlaced with geography, economics, political science, law and modern languages, would demonstrate the reasons for the success or failure of states. The student would be taught - in Sir Isaiah Berlin's memorable phrase - to 'spot the bunk!' In History in the House: Some Remarkable Dons and the Teaching of Politics, Character and Statecraft (William Collins, 2024), acclaimed historian Richard Davenport- Hines examines the intimate connections between British politics, statecraft and the Oxford University history course. He explores the temperaments, ideas, imagination, prejudices, intentions and influence of a select and self-regulated group of men who taught modern history at Christ Church: Frederick York Powell, Arthur Hassall, Keith Feiling, J. C. Masterman, Roy Harrod, Patrick Gordon Walker, Hugh Trevor-Roper and Robert Blake; by turns an unruly Victorian radical, a staunch legitimist of the Protestant settlement, a Tory, a Whig, a Keynesian, a socialist, a rationalist who enjoyed mischief and a student of realpolitik. These dons, with their challenging and sometimes contradictory opinions, explored with their pupils the wielding of power, the art of persuasion and the exercise of civil and political responsibility. Intelligent, strenuous and aware of the treachery and uncontrollability of things in the world, they studied the crimes, follies, misfortunes, incapacity, muddle and disloyalty of humankind in every generation. History in the House offers an unforgettable portrait of these men, their enduring influence and the significance of their arguments to public life today. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jay Hatfield discusses setting his 2025 SPX target for 7,000, on the assumption that corporate tax will be lowered to 18% – if it goes to 15%, he's targeting 7,500. Another factor is the exit of Lina Khan as FTC head, which he thinks will usher in a merger and IPO boom. He has an optimistic outlook for inflation, saying the Feds are “terrible forecasters” for it. He disparages the Keynesian models the Fed uses and thinks there should be a reform for this “broken top to bottom” system. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

VYS0045 | This Is Not The End Times; This Is A Rescue Mission - Vayse to Face with Bob Cluness - Show Notes Even more bewildered than usual, Hine and Buckley welcome writer, researcher, academic and DJ, Bob Cluness to Vayse. Bob's areas of interest include cultural studies, aesthetics, phenomenology, film studies, the weird and the eerie. Hine and Buckley nod along and try to keep up as Bob showers them in interconnecting concepts and fascinating insights with torrential force: What is hyperstition? Who were the CCRU? How does accelerationism work? Was Chaos Magick a revolutionary movement or an emanation of the emerging neoliberal capitalist system of the time? And exactly what is Nick Land's problem... (Recorded 29 July 2024) Thanks to Bob for patiently explaining everything and thanks to Keith for the mammoth effort in show noting this one! He deserves a follow for that alone: @peakflow.bsky.social Bob Cluness Online Bob's Academia profile (https://hi.academia.edu/BobCluness) Bob on Bluesky (https://bsky.app/profile/bobcluness.bsky.social) Bob on Facebook (https://www.facebook.com/bob.cluness/) Bob (as Reykjavik Sex Farm) on Repeater Radio (https://repeater-radio.com/shows/reykjavik-sex-farm-kynnir-bezt-i-heimi/) Hine's Intro Slender Man - Wikipedia (https://en.wikipedia.org/wiki/Slender_Man) Monkeys will never type Shakespeare, study finds - BBC (https://www.bbc.co.uk/news/articles/c748kmvwyv9o) Vayse to Face with Bob Cluness From Hyperborean Darkness to Transcendental Light: On Challenging Masculinity, and the Immanence of Black Metal through the Esoteric Christianity of Hunter Hunt-Hendrix and Liturgy, by Bob Cluness - Academia (https://www.academia.edu/93085697/From_Hyperborean_Darkness_to_Transcendental_Light_On_Challenging_Masculinity_and_the_Immanence_of_Black_Metal_through_the_Esoteric_Christianity_of_Hunter_Hunt_Hendrix_and_Liturgy) RR Spotlight Dr. Tara Smith: Warhammer 40K and Spirituality (https://podtail.com/podcast/rejected-religion-podcast/rr-spotlight-dr-tara-smith-warhammer-40k-and-spiri/) RR Pod E28 P1 Bob Cluness - An Esoteric Menagerie: The Weird & Eerie, Slenderman, CCRU, Accelerationism, Chaos Magic(k) and Digital Technology (https://podtail.com/podcast/rejected-religion-podcast/rr-pod-e28-p1-bob-cluness-an-esoteric-menagerie-th/) RR Pod E28 P2 Bob Cluness - An Esoteric Menagerie: The Weird & Eerie, Slenderman, CCRU, Accelerationism, Chaos Magic(k) and Digital Technology (https://podtail.com/podcast/rejected-religion-podcast/rr-pod-e28-p2-bob-cluness-an-esoteric-menagerie-th/) Occulture - Art and Popular Culture (https://www.artandpopularculture.com/Occulture) Ginger Snaps (2000) Trailer - YouTube (https://www.youtube.com/watch?v=wSLdoTxEBVQ) The Weird and the Eerie, by Mark Fisher - Goodreads (https://www.goodreads.com/book/show/29845449-the-weird-and-the-eerie) Mark Fisher - Wikipedia (https://en.wikipedia.org/wiki/Mark_Fisher) J. G. Ballard - Wikipedia (https://en.wikipedia.org/wiki/J._G._Ballard) Accelerationism - Wikipedia (https://en.wikipedia.org/wiki/Accelerationism) Chaos magic - Wikipedia (https://en.wikipedia.org/wiki/Chaos_magic) Forward? A Short History of the Cybernetic Culture Research Unit - Medium (https://medium.com/@sam.mcilhagga/forward-a-short-history-of-the-cybernetic-culture-research-unit-cdbd4c18061a) John Constantine - Wikipedia (https://en.wikipedia.org/wiki/John_Constantine) Hellblazer (comic book series) - Wikipedia (https://en.wikipedia.org/wiki/Hellblazer) Discordianism - Wikipedia (https://en.wikipedia.org/wiki/Discordianism) The KLF - Wikipedia (https://en.wikipedia.org/wiki/The_KLF) Thee Temple ov Psychick Youth - Wikipedia (https://en.wikipedia.org/wiki/Thee_Temple_ov_Psychick_Youth) Year 2000 problem (Y2K bug) - Wikipedia (https://en.wikipedia.org/wiki/Year_2000_problem) 2012 phenomenon - Wikipedia (https://en.wikipedia.org/wiki/2012_phenomenon) The Invisibles (Grant Morrison) - Wikipedia (https://en.wikipedia.org/wiki/The_Invisibles) The Matrix (1999) Official Trailer #1 - YouTube (https://www.youtube.com/watch?v=vKQi3bBA1y8) Fight Club (1999) Trailer #1 - YouTube (https://www.youtube.com/watch?v=qtRKdVHc-cE) Donnie Darko - Official Trailer (2001) - YouTube (https://www.youtube.com/watch?v=qdKbNuhXWvQ) Millenarianism, Millennialism, Chiliasm, and Millenarism - CDAMM (https://www.cdamm.org/articles/millenarianism) The X-Files (1998) Official Trailer - YouTube (https://www.youtube.com/watch?v=b_D3ysY_QCA) Left Behind (multimedia series) - Wikipedia (https://en.wikipedia.org/wiki/Left_Behind) Left Behind: The Movie (2000) Trailer - YouTube (https://www.youtube.com/watch?v=7h2LtAG3Mkw) Aum Shinrikyo Tokyo subway sarin attack - Wikipedia (https://en.wikipedia.org/wiki/Tokyo_subway_sarin_attack) Heaven's Gate (religious group) - Wikipedia (https://en.wikipedia.org/wiki/Heaven%27s_Gate_(religious_group)) Waco seige - Wikipedia (https://en.wikipedia.org/wiki/Waco_siege) Columbine High School massacre - Wikipedia (https://en.wikipedia.org/wiki/Columbine_High_School_massacre) Terence McKenna - Wikipedia (https://en.wikipedia.org/wiki/Terence_McKenna) Novelty theory and Timewave Zero - Wikipedia (https://en.wikipedia.org/wiki/Terence_McKenna#Novelty_theory_and_Timewave_Zero) Theosophy - Wikipedia (https://en.wikipedia.org/wiki/Theosophy) Hermetic Order of the Golden Dawn - Wikipedia (https://en.wikipedia.org/wiki/Hermetic_Order_of_the_Golden_Dawn) Animal magnetism (mesmerism) - Wikipedia (https://en.wikipedia.org/wiki/Animal_magnetism) New Thought (movement) - Wikipedia (https://en.wikipedia.org/wiki/New_Thought) A Course in Miracles - Wikipedia (https://en.wikipedia.org/wiki/A_Course_in_Miracles) Buffy the Vampire Slayer: Season One Trailer (1997) - YouTube (https://www.youtube.com/watch?v=-1v_q6TWAL4) The Craft (1996) Trailer #1 - YouTube (https://www.youtube.com/watch?v=MmY8B1JH7dU) Satanic panic - Wikipedia (https://en.wikipedia.org/wiki/Satanic_panic) West Memphis Three - Wikipedia (https://en.wikipedia.org/wiki/West_Memphis_Three) The Secret - Documentary Trailer - YouTube (https://www.youtube.com/watch?v=san61qTwWsU) Prosperity theology - Wikipedia (https://en.wikipedia.org/wiki/Prosperity_theology) Sigil - Wikipedia (https://en.wikipedia.org/wiki/Sigil) Austin Osman Spare - Wikipedia (https://en.wikipedia.org/wiki/Austin_Osman_Spare) Quantum non-locality - Wikipedia (https://en.wikipedia.org/wiki/Quantum_nonlocality) Hyperstitional Theory-Fiction - Full-Stop (https://www.full-stop.net/2020/10/21/features/essays/macon-holt/hyperstitional-theory-fiction/) Jean Baudrillard - Wikipedia (https://en.wikipedia.org/wiki/Jean_Baudrillard) The Cybernetic Loop: Cheat Codes For Life - Medium (https://medium.com/@iangeckeler/the-cybernetic-loop-cheat-codes-for-life-abdfae08ca00) Fyre Festival - Wikipedia (https://en.wikipedia.org/wiki/Fyre_Festival) GameStop short squeeze - Wikipedia (https://en.wikipedia.org/wiki/GameStop_short_squeeze) Cyberpunk - Wikipedia (https://en.wikipedia.org/wiki/Cyberpunk) Neuromancer (William Gibson) - Wikipedia (https://en.wikipedia.org/wiki/Neuromancer) Cyberspace - Wikipedia (https://en.wikipedia.org/wiki/Cyberspace) Chthulu Mythos - Wikipedia (https://en.wikipedia.org/wiki/Cthulhu_Mythos) Necronomicon - Wikipedia (https://en.wikipedia.org/wiki/Necronomicon) Hyper-reality - Wikipedia (https://en.wikipedia.org/wiki/Hyperreality) What is the Dead Internet Theory? - The Week (https://theweek.com/media/what-is-the-dead-internet-theory) Modern Variants of Capitalism, Part 3: Digital Capitalism - CFA Institute (https://blogs.cfainstitute.org/investor/2021/12/09/modern-variants-of-capitalism-part-3-digital-capitalism/) Internet: From Military Roots to World Wide Web - Medium (https://medium.com/the-weekly-maelstrom/internet-from-military-roots-to-world-wide-web-11aa93baf84f) Marshall McLuhan - Wikipedia (https://en.wikipedia.org/wiki/Marshall_McLuhan) Gilles Deleuze - Wikipedia (https://en.wikipedia.org/wiki/Gilles_Deleuze) Félix Guattari - Wikipedia (https://en.wikipedia.org/wiki/F%C3%A9lix_Guattari) Anti-Oedipus - Wikipedia (https://en.wikipedia.org/wiki/Anti-Oedipus) Rhizome (philosophy) - Wikipedia (https://en.wikipedia.org/wiki/Rhizome_(philosophy)) Stewart Brand - Wikipedia (https://en.wikipedia.org/wiki/Stewart_Brand) Whole Earth Catalog - Wikipedia (https://en.wikipedia.org/wiki/Whole_Earth_Catalog) Wired magazine website (https://www.wired.com/) Transhumanism - Wikipedia (https://en.wikipedia.org/wiki/Transhumanism) Extropianism - Wikipedia (https://en.wikipedia.org/wiki/Extropianism) The Wealth Magic Workbook: or Buddy, Can You Spare a Paradigm?, by Dave Lee - Goodreads (https://www.goodreads.com/book/show/36090758-the-wealth-magic-workbook) Peter J. Carroll - Wikipedia (https://en.wikipedia.org/wiki/Peter_J._Carroll) Specularium (Peter J. Carroll) website (https://www.specularium.org/) Nick Land - Wikipedia (https://en.wikipedia.org/wiki/Nick_Land) Alt-right - Wikipedia (https://en.wikipedia.org/wiki/Alt-right) Gnosticism - Wikipedia (https://en.wikipedia.org/wiki/Gnosticism) Hermeticism - Wikipedia (https://en.wikipedia.org/wiki/Hermeticism) William S. Burroughs - Wikipedia (https://en.wikipedia.org/wiki/William_S._Burroughs) H. P. Lovecraft - Wikipedia (https://en.wikipedia.org/wiki/H._P._Lovecraft) Logogram - Wikipedia (https://en.wikipedia.org/wiki/Logogram) Ray Sherwin - Wikipedia (https://en.wikipedia-on-ipfs.org/wiki/Ray_Sherwin) Aromatic Oils: A Guide to Their Use in Magick, Healing and Perfumery, by Ray Sherwin - Goodreads (https://www.goodreads.com/book/show/7166882-aromatic-oils) Liber Kaos, by Peter J. Carroll - Goodreads (https://www.goodreads.com/book/show/420571.Liber_Kaos) The New Equinox - Wikipedia (https://en.wikipedia.org/wiki/The_New_Equinox) Technocracy - Wikipedia (https://en.wikipedia.org/wiki/Technocracy) Robert Anton Wilson - Wikipedia (https://en.wikipedia.org/wiki/Robert_Anton_Wilson) Kerry Wendell Thornley - Wikipedia (https://en.wikipedia.org/wiki/Kerry_Wendell_Thornley) Accelerando, by Charles Stross - Goodreads (https://www.goodreads.com/book/show/17863.Accelerando) Do You Feel The Ground Shifting? Five Indicators That The Era Of Capitalism 2.0 May Be Closer Than You Think - Forbes (https://www.forbes.com/sites/jeancase/2019/11/14/do-you-feel-the-ground-shifting--five-indicators-that-the-era-of-capitalism-20-may-be-closer-than-you-think/) Mattie Colquhoun (xenogothic) on Twitter (https://x.com/xenogothic) Introduction to Gender Acceleration - The Anarchist Library (https://theanarchistlibrary.org/library/gavin-durham-introduction-to-gender-acceleration-english-2) Zapatista uprising - Wikipedia (https://en.wikipedia.org/wiki/Zapatista_uprising) Seattle WTO protests - Wikipedia (https://en.wikipedia.org/wiki/1999_Seattle_WTO_protests) September 11 attacks - Wikipedia (https://en.wikipedia.org/wiki/September_11_attacks) 2007-2008 financial crisis - Wikipedia (https://en.wikipedia.org/wiki/2007%E2%80%932008_financial_crisis) Occupy Wall Street - Wikipedia (https://en.wikipedia.org/wiki/Occupy_Wall_Street) Arab Spring - Wikipedia (https://en.wikipedia.org/wiki/Arab_Spring) Capitalist Realism: Is There No Alternative?, by Mark Fisher - Goodreads (https://www.goodreads.com/book/show/6763725-capitalist-realism) Mark Fisher: The Slow Cancellation Of The Future (lecture) - YouTube (https://www.youtube.com/watch?v=aCgkLICTskQ) Keynesian economics - Wikipedia (https://en.wikipedia.org/wiki/Keynesian_economics) Curtis Yarvin - Wikipedia (https://en.wikipedia.org/wiki/Curtis_Yarvin) JD Vance - Wikipedia (https://en.wikipedia.org/wiki/JD_Vance) Blood and the Machine: The Return of Reactionary Modernism (article by John Ganz) - Unpopular Front (https://www.unpopularfront.news/p/blood-and-the-machine) Peter Thiel - Wikipedia (https://en.wikipedia.org/wiki/Peter_Thiel) Queerying Occultures: Essays from Enfolding Vol. 1, by Phil Hine - Goodreads (https://www.goodreads.com/book/show/123010374-queerying-occultures) Mind-body dualism - Wikipedia (https://en.wikipedia.org/wiki/Mind%E2%80%93body_dualism) Sadie Plant - Wikipedia (https://en.wikipedia.org/wiki/Sadie_Plant) The Most Radical Gesture: The Situationist International in a Postmodern Age, by Sadie Plant - Goodreads (https://www.goodreads.com/book/show/782061.The_Most_Radical_Gesture) Neoism - Wikipedia (https://en.wikipedia.org/wiki/Neoism) Art Strike - Wikipedia (https://en.wikipedia.org/wiki/Art_Strike) Stewart Home - Wikipedia (https://en.wikipedia.org/wiki/Stewart_Home) The Art Strike Papers - Stewart Home Society (https://stewarthomesociety.org/artstrik.htm) Autonomism - Wikipedia (https://en.wikipedia.org/wiki/Autonomism) London Psychogeographical Association - Wikipedia (https://en.wikipedia.org/wiki/London_Psychogeographical_Association) A Brief History of Cyberfeminism - Artsy (https://www.artsy.net/article/artsy-editorial-how-the-cyberfeminists-worked-to-liberate-women-through-the-internet) Donna Haraway - Wikipedia (https://en.wikipedia.org/wiki/Donna_Haraway) A Cyborg Manifesto: Science, Technology, and Socialist-Feminism in the Late Twentieth Century by Donna Haraway (pdf) - The Anarchist Library (https://theanarchistlibrary.org/mirror/d/dh/donna-haraway-a-cyborg-manifesto.pdf) Luce Irigaray - Wikipedia (https://en.wikipedia.org/wiki/Luce_Irigaray) Metropolis (1927) by Fritz Lang, Clip: First glimpse of the Maschinenmensch (Machine-Person) - YouTube (https://www.youtube.com/watch?v=6HCGpDpyy54) Battlestar Galactica (2004) - Opening Scene - YouTube (https://www.youtube.com/watch?v=9VBTcDF1eVQ) Blade Runner (1982) clip - She's a Replicant (https://www.youtube.com/watch?v=yWPyRSURYFQ) Terminator 3: Rise of the Machines (2003) Trailer - YouTube (https://www.youtube.com/watch?v=ybfqXFHgtX8) Under The Skin (2013) Official Trailer - YouTube (https://www.youtube.com/watch?v=J7bAZCOk0Sc) Species (1995) Official Trailer - YouTube (https://www.youtube.com/watch?v=5TNqpDNBwi8) Lifeforce (1985) - Trailer - YouTube (https://www.youtube.com/watch?v=sgTMnaEvTAc) Eleven (Stranger Things) - Wikipedia (https://en.wikipedia.org/wiki/Eleven_(Stranger_Things)) Blade Runner 2049 - Official Trailer - YouTube (https://www.youtube.com/watch?v=gCcx85zbxz4) Hans Zimmer - Wikipedia (https://en.wikipedia.org/wiki/Hans_Zimmer) Jóhann Jóhannsson - Wikipedia (https://en.wikipedia.org/wiki/J%C3%B3hann_J%C3%B3hannsson) Darren Aronofsky - Wikipedia (https://en.wikipedia.org/wiki/Darren_Aronofsky) Bob's Recommendations Accelerate Or Die! (part) - YouTube (https://www.youtube.com/watch?v=gTlb9olVRPk) CCRU: Writings 1997 - 2003 - Urbanomic Books (https://www.urbanomic.com/book/ccru-writings-1997-2003/) #Accelerate. The Accelerationist Reader (pdf) - Academia (https://www.academia.edu/7583220/_Accelerate_The_Accelerationist_Reader_ed_together_with_Robin_Mackay_) TENET - Official Trailer - YouTube (https://www.youtube.com/watch?v=LdOM0x0XDMo) In the Mouth of Madness (1994) - Trailer - YouTube (https://www.youtube.com/watch?v=FeWm_jk7G80) Possession (1981) - Official Trailer - YouTube (https://www.youtube.com/watch?v=aLXW-oVbTxE) The Thing (1982) Trailer - YouTube (https://www.youtube.com/watch?v=5ftmr17M-a4) Prince of Darkness (1987) Original Trailer - YouTube (https://www.youtube.com/watch?v=XDUoNHSceAM) DJ Shadow's sample of Prince of Darkness - Who Sampled (https://www.whosampled.com/sample/51901/DJ-Shadow-Changeling-Transmission-1-Prince-of-Darkness-This-Is-Not-a-Dream/) Lemurian Time War - CCRU.net (http://www.ccru.net/archive/burroughs.htm) It is happening again (Twin Peaks) - YouTube (https://www.youtube.com/watch?v=pWa0dZMHYeE) Zeroes and Ones, by Sadie Plant - Goodreads (https://www.goodreads.com/book/show/927879.Zeros_and_Ones) Ada Lovelace - Wikipedia (https://en.wikipedia.org/wiki/Ada_Lovelace) The Ghost Lemurs of Madagascar (CCRU) - Repeater Radio (https://repeater-radio.com/shows/the-ghost-lemurs-of-madagascar/) Repeater books website (https://repeaterbooks.com/) The 1984 Show, live with Ross Holloway - Repeater Radio (https://repeater-radio.com/shows/the-1984-show/) Buckley's Closing Question Tulpa - Wikipedia (https://en.wikipedia.org/wiki/Tulpa) Hyperstition - Orphan Drift Archive (https://www.orphandriftarchive.com/articles/hyperstition/) Capitalism: A Horror Story: Gothic Marxism and the Dark Side of the Radical Imagination, by Jon Greenaway - Goodreads (https://www.goodreads.com/book/show/199346797-capitalism) Did the Occult Influence Karl Marx and Early Communism? - ESOTERICA - YouTube (https://www.youtube.com/watch?v=n48uX6jjGlY) Vayse Online Website (https://www.vayse.co.uk/) Twitter (https://twitter.com/vayseesyav) Bluesky (https://bsky.app/profile/vayseesyav.bsky.social) Instagram (https://www.instagram.com/vayseesyav/) Bandcamp (Music From Vayse) (https://vayse.bandcamp.com/) Ko-Fi (https://ko-fi.com/vayse) Email: vayseinfo@gmail.com Special Guest: Bob Cluness.

Steve Keen is an Economist and Honorary Professor at University College London and is currently lecturing at the University of Amsterdam. In this episode, Steve explains the differences between neoclassical and post-Keynesian economics before discussing how concepts from complexity science and chaos theory can be used to develop economic models that actually factor in booms and busts. Resources and links: Steve Keen on Substack Steve Keen on Patreon Ravel on Patreon Connect: Simplifying Complexity on Twitter Sean Brady on Twitter Sean Brady on LinkedIn Brady Heywood website This show is produced in collaboration with Wavelength Creative. Visit wavelengthcreative.com for more information.

American federal debt is growing faster than the GDP now. This year, the debt-to-GDP ratio stands at 121 percent. . . about fifth worst in the world. Interest payments on the federal debt have topped 36 percent of total tax receipts. And all of this has its roots in the Keynesian philosophies of the early 1920's and 30's. The present-orientedness, existentialism, and the ideology of Jean-Paul Sartre and John Maynard Keynes are what ran the 20th century and helped produce what we have today. So how much character would it require to reverse the worldview that has soaked our respective nations over the last 50-60 years? How much long-term vision would it take to turn the nation around? Probably a little more than what Elon Musk and Scott Bessett can offer. We review President Trump's pick for Secretary of the Treasury and revisit the history of modern economics on this edition of the program. This program includes: 1. The Worldview in 5 Minutes with Adam McManus (Kamala's bizarre video to supporters; TV channel fined for stating that abortion is leading death cause; Hal Lindsey, author of "The Late Great Planet Earth," died at 95) 2. Generations with Kevin Swanson

American federal debt is growing faster than the GDP now. This year, the debt-to-GDP ratio stands at 121 percent . . . about fifth worst in the world. Interest payments on the federal debt have topped 36 percent of total tax receipts. And all of this has its roots in the Keynesian philosophies of the early 1920's and 30's. The present-orientedness, existentialism, and the ideology of Jean-Paul Sartre and John Maynard Keynes are what ran the 20th century and helped produce what we have today. So how much character would it require to reverse the worldview that has soaked our respective nations over the last 50-60 years? How much long-term vision would it take to turn the nation around? Probably a little more than what Elon Musk and Scott Bessett can offer. We review President Trump's pick for Secretary of the Treasury and revisit the history of modern economics on this edition of the program. This program includes:1. The Worldview in 5 Minutes with Adam McManus (Kamala's bizarre video to supporters; TV channel fined for stating that abortion is leading death cause; Hal Lindsey, author of "The Late Great Planet Earth," died at 95)2. Generations with Kevin Swanson

In this podcast Andrew Leigh talks about economics to someone unfamiliar with the subject, all drawn from his book, "How Economics Explains the World: A Short History of Humanity". Andrew touches upon the impact of the industrial revolution, the balance between Keynesian and Hayekian ideas, why interest rates are important, where the gender gap came from and much much more. He also covers how technology drives societal change, the role of government in managing economic stability and the importance of storytelling in making complex ideas accessible given that he has managed to do exactly that. When he isn't writing or working as a member of the Australian Parliament, Andrew is a keen ultra-marathoner and an Ironman triathlete.

In episode 6 (or apendix A) of our ongoing Informal Economics for Traders series, Eric answers questions from Slic Ric, focusing on tariffs, trade deficits, and Japan's unique economic challenges. They discuss the complexities of tariffs, the impact of population dynamics on GDP, and compare Keynesian and Austrian economic theories. The conversation also touches on global issues like the Ethiopia-Egypt water conflict, the plight of the Lost Boys of Sudan, and the cultural shock faced by immigrants in America. The episode wraps up with insights into communism, blockchain technology, stable coins, and the future of global economic systems.Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**Visit Airsoftmaster.com to support one of our own!To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About Eric:Eric is a practicing labor economist, who currently works as a chief financial officer for the city of Quincy, Ma. His area of research focuses primarily on small business and macroeconomics trends. Eric has a special interest in historical economics, cliometrics and steers clear of ideological hardlines, preferring to use empirical analysis in his appearances.TheInformalEconomist.comFollow Eric on LinkedInFollow Eric on TwitterBoston Blockchain WeekHarris School of Public Policy EpisodeAbout Ric:Ric had a fairly normal middle-class childhood and had developed an interest in tinkering with things at a young age. As an adult, he married a woman named Diane and they had a daughter, Beth. Ric eventually became a scientist and after his wife was killed by an alternate version of himself, he dedicated his life to avenging her death and reconnecting with his grandson… I think… That or he's just a dude slinging some UB.Follow Ric on Twitter!Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

One of the myths of Keynesian theory is that through monetary injections and government purchases, an economy can spend itself into prosperity. While such a scenario is economically impossible, most mainstream economists still believe it.Original article: The Keynesian Multiplier Fairy Tale

One of the myths of Keynesian theory is that through monetary injections and government purchases, an economy can spend itself into prosperity. While such a scenario is economically impossible, most mainstream economists still believe it.Original article: The Keynesian Multiplier Fairy Tale

Tom Bodrovics and Keith Weiner delve into the intricacies of fundamental price and basis rates in the gold and silver markets during their conversation on Palisades. The Gold Standard Institute president and Monetary Metals CEO, elucidates how their model offers insights into market tensions and potential price movements by determining where the market would settle if all futures speculation were to unwind. Keith also discusses lease rates, which reflect metal abundance or scarcity, in relation to market evaluations for gold and silver investments. The conversation revolves around the disparity between the costs of producing and refining gold and silver, with significant spreads for refiners. Although mining costs are essential considerations, Keith argues that all potential gold supply remains in circulation due to its value and desirability. Keith challenges the Quantity Theory of Money and Milton Friedman's treatment of gold and printed dollars as equivalent, emphasizing their differences in origin and effects on the economy. Weiner also discusses the implications of an ever-growing US national debt and interest payments. He argues that the world operates on a dollar basis, creating a relentless bid on the dollar despite its growing debt. Keith discusses commercial real estate bubble and the impact on banks and zombie companies, raising concerns about potential insolvency due to rising interest rates and loan asset markdowns. The conversation concludes with discussions about upcoming financial crises, including the 'everything bubble,' and the potential dilemmas facing the Federal Reserve in addressing it, given the larger debt levels and more significant interest rate hikes than during previous periods. Keith highlights the importance of creating an honest monetary system based on gold, emphasizing market-based alternatives to Keynesian philosophy and personal opt-out options to avoid capital debasement. Talking Points From This Episode0:00 - Introduction0:40 - Measuring Price of PMs8:32 - Current Market Temps10:40 - Analysis & Lease Rates14:14 - All-In Production Costs19:22 - Do Fundamentals Matter?22:57 - Qty. Theory of Money35:27 - Debt & Interest Payments41:37 - Commercial Debt & Banks55:26 - Bank Bailouts & Fed59:40 - Central Planning Problems1:06:30 - Kicking Cans & Politics1:11:32 - Any Possible Solutions?1:23:18 - Net Worth & Risk/Return1:31:10 - Wrap Up Talking Points From This Episode Gold and silver market insights using fundamental price analysis. Challenging Quantity Theory of Money and gold vs. printed dollars equivalence. Implications of US debt, commercial real estate bubbles, Fed bank bailouts, and zombie companies. Guest Links:Twitter: https://twitter.com/kweiner01Website: https://monetary-metals.comWebsite: https://goldstandardinstitute.netFacebook: https://www.facebook.com/keith.weiner.5 Keith Weiner is the founder and CEO of Monetary Metals, an investment firm that is unlocking the productivity of gold. Most people regard gold as a dry asset, to lock away in a vault, incurring storage fees. Many are waiting for it to rise in price. Keith and Monetary Metals are on a mission to change this. Gold should once again serve to finance productive enterprises and extinguish debts. The dollar performs one of these functions, but not the other. Bitcoin cannot finance anything, as no business can borrow a currency that's expected to go up a hundred times. Gold is the one thing that fills both roles, par excellence. Keith writes and speaks extensively, based on his unique views of gold, the dollar, credit, the bond market, and interest rates. When he is not working on the business, he is developing his theory of monetary science, and an arbitrage theory of economics. Keith also serves as founder and President of the Gold Standard Institute USA. His work was instrumental in the passing of gold legal tender laws in the state of Arizona in 2017.

Happy Monday! Sam speaks with Grace Blakeley, English economics & politics commentator, staff writer at Tribune, to discuss her recent book Vulture Capitalism: Corporate Crimes, Backdoor Bailouts, and the Death of Freedom. First, Sam runs through updates on the final 14 days before the US presidential election, Israel's ongoing assault on Palestine and potential pivot to Iran, environmental disaster in Cuba, Elon Musk's failures and fraud in his work alongside the Trump campaign, National Association of Letter Carriers' labor news, Tesla's regulatory problems, and the US economy, before diving a little deeper into the insanity of Elon Musk launching contrasting ad campaigns in Michigan attempting to stoke anti-Semitic and Islamophobic fears in Muslim and Jewish communities. Grace Blakeley then joins, first working to unpack the commonly accepted dichotomy between capitalism and a centrally-planned (socialist) economy, with the dystopia of socialism juxtaposed by liberalism's vision of free-market democracy, before wading into the problems and inaccuracies of this binary, namely the fact that liberalism's defining qualities (free-markets and democracy) don't apply to the existing capitalist societies of today (particularly the largest imperial powers like the US and UK), where wealth and political power are becoming increasingly concentrated in the hands of fewer and fewer elites, translating into what is essentially centrally-planned oligarchy. Blakeley steps back to walk through the evolution of capitalism to this point, tackling neoliberals' work to publically redefine a libertarian “free market” as a return to natural systems, while elites privately saw it as an explicit vision to protect corporate power amid rising social movements, establishing clear economic norms against anything that could threaten privatization, the free movement of capital, and low tax rates, while creating international institutions (backed by the West) to dole out punishment for any revolutionary states that sought to challenge them abroad, before touching on the contrasting work of a Keynesian vision – backed by the working class – that pushed the idea of a protective state and well-regulated markets, and exploring the major success this ideology had in bolstering the US labor movement of the mid-20th Century. Next, Grace walks Sam through the eventual success of neoliberal theory with the regimes of Pinochet, Thatcher, and Reagan in the late 1970s and early '80s, and their overwhelming work to crush and fragment the working class and social power that had bolstered the social and economic progress of the century to that point, setting the stage for the solidification of the oligarchies we see today. After briefly touching on the value of a return to a more Keynesian vision for economies, and the central importance of revitalizing working-class power, Berkeley wraps up the interview by exploring a few other visions for strong, democratic, and worker-led economies. And in the Fun Half: Sam unpacks Trump's most recent insult to workers (and whether that will even translate past the absurdity of it), and Elon Musk's ongoing fraudulent and stochastic canvassing work for the Trump campaign. Obama walks through Trump's extensive effort to undermine the US' capacity to respond to pandemics, and Jim Breuer does… something… but it's definitely racist. The MR Team also talks with John from TBurg about Ohio's Issue 1, Matt from Tennessee about the moral monstrosity that is Richie Torres, and Noah from Nashville on Harris and the Left, plus, your calls and IMs! Follow Grace on Twitter here: https://x.com/graceblakeley/ Check out Vulture Capitalism here: https://www.simonandschuster.com/books/Vulture-Capitalism/Grace-Blakeley/9781982180850 Become a member at JoinTheMajorityReport.com: https://fans.fm/majority/join Follow us on TikTok here!: https://www.tiktok.com/@majorityreportfm Check us out on Twitch here!: https://www.twitch.tv/themajorityreport Find our Rumble stream here!: https://rumble.com/user/majorityrep ort Check out our alt YouTube channel here!: https://www.youtube.com/majorityreportlive Join Sam on the Nation Magazine Cruise! 7 days in December 2024!!: https://nationcruise.com/mr/ Check out StrikeAid here!; https://strikeaid.com/ Gift a Majority Report subscription here: https://fans.fm/majority/gift Subscribe to the ESVN YouTube channel here: https://www.youtube.com/esvnshow Subscribe to the AMQuickie newsletter here: https://am-quickie.ghost.io/ Join the Majority Report Discord! http://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Get the free Majority Report App!: http://majority.fm/app Go to https://JustCoffee.coop and use coupon code majority to get 20% off your purchase! Check out today's sponsors: Cozy Earth: Your peace of mind matters. Make a smart choice this election season—embrace the comfort of Cozy Earth and feel the difference. Go to https://cozyearth.com/MAJORITYREPORT and use code MAJORITYREPORT for an exclusive discount of up to 40% off.  That's https://cozyearth.com/MAJORITYREPORT  If you get a post-purchase survey, say you heard about Cozy Earth from The Majority Report with Sam Seder podcast! Prolon: Right now, Prolon is offering The Majority Report with Sam Seder listeners 15% off their 5-day nutrition program. Go to https://ProlonLife.com/MAJORITY.  That's https://ProlonLife.com/MAJORITY for this special offer. 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Keynesians are known for using obscure and jumbled jargon to explain their fallacious ideas. The hope being that, the more confusing the language, the greater the perceived scholarship. Good economics can and should be clearly logically explained.Original article: Conceptual Clarity in Dismantling Economic Jargon

HARRIS/WALZ CAMPAIGN ADVANCING PRICE CONTROLS: WHAT ALWAYS GOES WRONG? 1/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. SEPTEMBER 16, 1920 WALL STREET BOMBING

HARRIS/WALZ CAMPAIGN ADVANCING PRICE CONTROLS: WHAT ALWAYS GOES WRONG? 2/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. SEPTEMBER 16, 1920 WALL STREET BOMBING

HARRIS/WALZ CAMPAIGN ADVANCING PRICE CONTROLS: WHAT ALWAYS GOES WRONG? 3/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. SEPTEMBER 16, 1920 WALL STREET BOMBING

HARRIS/WALZ CAMPAIGN ADVANCING PRICE CONTROLS: WHAT ALWAYS GOES WRONG? 4/4: Samuelson Friedman: The Battle Over the Free Market. by Nicholas Wapshott . https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, the author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don't care who writes a nation's laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott's nimble hands, Samuelson and Friedman's decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today. SEPTEMBER 16, 1920 WALL STREET BOMBING

This week, Nick and Goldy are joined by Michael Graetz to discuss his new book, "The Power to Destroy: How the Anti-Tax Movement Hijacked America.” Graetz asserts that while the anti-tax movement is often overlooked, it has shaped policy by intertwining with issues of race and economic ideology, diverging from Keynesian economics in favor of neoliberal supply-side economics that results in extreme wealth accumulation at the top. He argues for major tax reforms, including a carbon tax and the implementation of a value-added tax, as potential solutions to creating a more equitable and sustainable tax code that would benefit the middle class. Their conversation also revisits the historical origins of the anti-tax movement in the United States and highlights how tax policy is not just shaped by economic theory— it's also shaped by cultural and social differences. Michael Graetz is a professor emeritus at Columbia Law School and Yale Law School and a leading authority on tax politics and policy. He served in the U.S. Treasury's Office of Tax Policy and is the author and co-author of many books, including Death by a Thousand Cuts: The Fight over Taxing Inherited Wealth and The Burger Court and the Rise of the Judicial Right. Further reading:  The Power to Destroy: How the Antitax Movement Hijacked America The Graetz Competitive Tax Plan, Updated for 2022 Death by a Thousand Cuts: The Fight over Taxing Inherited Wealth Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon, @NickHanauer, @civicaction Instagram: @pitchforkeconomics Threads: pitchforkeconomics YouTube: @pitchforkeconomics Substack: The Pitch

2/2: #RUSSIA: Rise of the Military Keynesians and Chasing the Shadow Fleet.. Michael BERNSTAM, HOOVER INSTITUTION https://www.foreignaffairs.com/russia/putins-new-war-economy 1945 POTSDAM

1/2:  #RUSSIA: Rise of the Military Keynesians and Chasing the Shadow Fleet.. Michael Bernstam, Hoover Institution https://www.foreignaffairs.com/russia/putins-new-war-economy 1937 SHANGHAI

Dave Rubin of “The Rubin Report” talks to Robert Breedlove, host of the “What Is Money?” podcast, about his move to Florida and the benefits of living in a red state post-pandemic; his career in finance, his focus on Bitcoin, and his belief in economic freedom; why Keynesian economics is a pseudoscience; what young people can learn from Austrian economics; the importance of individual incentives; the danger of government overreach; why the ideals of life, liberty, and property are essential for societal progress; Bitcoin's nature and value; why Bitcoin can best be described as the "internet of money," allowing decentralized, permissionless transactions; why Bitcoin is the equivalent of digital gold; Bitcoin's properties and advantages over traditional money; why holding Bitcoin contributes to its value growth; why other cryptocurrencies will fail for lacking decentralization; his concerns about Central Bank Digital Currencies being used as tools for state control, drawing parallels with China's social credit system and warning of potential surveillance and manipulation; inflation, interest rates, and economic inefficiencies; why the central planning of interest rates is similar to failed Soviet price controls; why interest rates should be market-determined, reflecting true supply and demand; how government deficits and money printing disrupt economic competition, leading to inefficient capital allocation; why he advocates for studying money and Bitcoin; why Bitcoin is necessary as a hedge against centralized economic mismanagement; and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices