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In this episode, Mark Thornton offers a practical “seven-word” framework for navigating economic life, especially when policy chaos and uncertainty make long-term planning harder. Mark connects everyday action (work, learning, planning, saving, spending, giving, and prayer) to core Austrian themes: purposeful choice, psychic profit, time preference, entrepreneurship under uncertainty, and the distortions created by inflation and debt-driven policy.Donate today to celebrate 20 years of Mises Media on YouTube. Donate $30 or more and we'll send you a free, physical copy of Hunter Lewis's book, Crony Capitalism in America: http://mises.org/youtube20Additional Resources"Billionaires, Workers, and the Exploitation Theory" by Bob Murphy (Human Action Podcast, Episode 534): https://mises.org/MI_164_AHuman Action by Ludwig von Mises: https://mises.org/MI_164_BMan, Economy, and State by Murray N. Rothbard: https://mises.org/MI_164_CThe Quotable Mises edited by Mark Thornton: https://mises.org/MI_164_DOrder a free paperback copy of Hayek for the 21st Century by F. A. Hayek: https://mises.org/Hayek21Purchase a Minor Issues tumbler today! https://mises.org/MinorIssuesTumblerBe sure to follow Minor Issues at https://Mises.org/MinorIssues
La economía estudia la asignación de unos recursos escasos y en la resolución de este problema ético, la filosofía es de mayor utilidad que las matemáticas. María Blanco quiere saber cómo se ha estudiado la economía a lo largo de los siglos. Esta ciencia se matematizó en la segunda mitad del siglo XX por culpa de Paul Samuelson, quien representaría mediante complejas ecuaciones las funciones de la oferta y la demanda. No siempre fue este el método de estudio, los primeros economistas se asemejaban más a los filósofos. Antes de escribir La riqueza de las naciones, Adam Smith había publicado La teoría de los sentimientos morales, un tratado sobre la moral. Por suerte, todo río regresa a su cauce. La economía del siglo XXI será filosófica, no matemática.Kapital es posible gracias a sus colaboradores:Thenomba. La escuela que te hará encontrar tu propósito.Thenomba es la escuela que te prepara para encontrar un propósito, no un trabajo.Me han hecho embajador del máster y puedo ofrecerte un descuento especial en el precio. Si quieres matricularte, utiliza el código KAPITAL20 para llevarte una rebaja del 20%. 42 oyentes de este podcast ya utilizaron el código en la exitosa edición de diciembre. Si te preguntas si esto encaja contigo, te recomiendo simplemente escuchar los episodios de hace unas semanas con Higinio Marín y Ricardo Piñero. Higinio y Ricardo son dos de los profesores del máster y esas dos entrevistas reflejan la vocación humanista de su programa. Si resuenan en tu cabeza algunas de las ideas de esas conversaciones, entonces Thenomba es para ti.Patrocina Kapital. Toda la información en este link.Índice:0:32 Un empresario paga costes antes de conocer beneficios.8:18 Valor contraintuitivo de Mercadona.14:23 Compañía de las Indias Orientales.21:04 Todos somos empresarios.32:24 Economistas con vidas de película.39:55 Batalla de gallos entre Keynes y Hayek.46:46 Innecesaria matematización de la economía.49:50 Las movidas de Veblen.54:02 Académicos multidisciplinares.1:06:20 ¿Es un historiador optimista sobre el futuro?1:15:54 Escuela de Salamanca.1:24:04 Solo los judíos podían prestar con interés.1:29:43 Tigres, leones, todos quieren ser los campeones.1:38:26 Es más fácil contar pobres que contar ricos.Apuntes:La riqueza de las naciones. Adam Smith.La teoría de los sentimientos morales. Adam Smith.Risk, uncertainty and profit. Frank Knight.The capitalist and the entrepreneur. Peter Klein.Start-up nation. Dan Senor & Saul Singer.Tratado de economia politica. Jean Baptiste Say.La acción humana. Ludwig von Mises.Teoría general de la ocupación, el interés y el dinero. John Maynard Keynes.Principios de economía política y tributación. David Ricardo.Hacia la estación de Finlandia. Edmund Wilson.Teoría de la clase ociosa. Thorstein Veblen.Economical writing. Deirdre McCloskey.Armonías económicas. Frédéric Bastiat.Bastiat as an economist. María Blanco & Carlos Rodríguez Braun.
Ludwig von Mises's first major work was The Theory of Money and Credit in which he explained the role of money in the economy and also pointed out what causes the boom-bust cycle. It remains an important classic in Austrian economics.Original article: https://mises.org/mises-wire/why-misess-theory-money-and-credit-still-important-today
Ludwig von Mises's first major work was The Theory of Money and Credit in which he explained the role of money in the economy and also pointed out what causes the boom-bust cycle. It remains an important classic in Austrian economics.Original article: https://mises.org/mises-wire/why-misess-theory-money-and-credit-still-important-today
In this episode of In Theory, Disha Karnad Jani interviews Quinn Slobodian on his latest book, "Hayek's Bastards: The Neoliberal Roots of the Populist Right" (Zone Books, 2025). Here, Slobodian looks to the likes of Murray Rothbard, Charles Murray, and Javier Milei and their (mis)readings of Friedrich von Hayek and Ludwig von Mises to reveal the entangled relationship between neoliberalism after the end of the Cold War and the emergence of the Far Right today.
Episode Overview In this second episode of the pricing series, hosts David and Eric bridge from pricing theory into practical strategy and application. They explore the critical differences between cost-plus and value-based pricing, discuss price elasticity, and provide actionable frameworks for optimizing pricing in middle-market private companies. Key Topics Covered 1. Marginal Buyer Theory Recap The last buyer-seller transaction indicates market pricing potential Prices function as market signals about resource value Ignoring the marginal buyer leaves money on the table 2. Price Elasticity of Demand High Elasticity: Small price changes cause significant market share loss (e.g., hotdog industry – one penny change = major impact) Low Elasticity: Price changes have minimal impact on customer retention Revenue optimization: Selling at 2x price with only 5% customer loss increases overall revenue and profit 3. Cost-Plus Pricing When It Makes Sense: Regulated industries (utilities, government contracts) Commoditized products New product launches (to establish break-even baseline) How to Calculate: Add all direct costs (materials, labor, freight) Allocate indirect costs (rent, depreciation, admin) Calculate total unit cost Apply markup based on contract requirements or industry standards Limitations: Focuses energy on cost side, not demand side Misses shifts in market dynamics and pricing power Leaves value on the table from marginal payers Doesn’t account for subjective customer value 4. Value-Based Pricing Core Principle: Maximize profitability by capturing the value created for customers Implementation Steps: Identify the specific problem your product/service solves Quantify the cost of the problem to your customer Lost sales Production inefficiencies Higher operational costs Calculate economic value created What would alternative solutions cost? What’s the total economic benefit? Set pricing below total value to ensure customer benefit Example: If your solution creates $100K/year in value Pricing at $100K = customer breaks even Pricing below $100K = customer realizes net benefit Consider multi-year value (Year 1: break-even, Year 2+: 100% profit to customer) 5. Pricing Optimization Strategies For Established Businesses: Run pricing experiments to optimize revenue and profit Test different price points carefully (consider elasticity) Create multiple proposal versions with different pricing Differentiate by geography or market segment Track conversion rates and customer response Key Insight: Value pricing aligns your interests with customer interests – if you’re not bringing value, you shouldn’t be in business together. Action Items for Listeners Complete the homework from Episode 1 analyze your data using marginal buyer theory Quantify the economic value your product/service creates for customers Calculate what alternative solutions would cost your customers Begin pricing experiments in your business (if appropriate for your industry) Prepare for Episode 3 Coming Up Next Hourly pricing vs. value-based pricing for services Comprehensive pricing strategy framework Putting all the pricing concepts together Key Quotes “A price is not something you set, even though yes, you do set them, it’s more of a signal of what the market is saying about the value of certain resources.” “Value pricing always aligns ourselves to the interest of the customer and the client. If we’re not bringing them value, then what the heck are we doing?” “When all of your pricing energy is going to the cost side, you’re paying less attention to the demand side.” Resources Episode 1: Pricing Theory & Marginal Buyer Concept Economist referenced: Ludwig von Mises
What have the Austrians ever done for us?The answer is quite a lot, particularly regarding the importance of liberty and free markets, and how government overreach in economic matters results in long-term damage and decline.However, Carl Menger, Ludwig von Mises, Friedrich Hayek, and other members of the so-called Austrian School have long occupied a fringe position in conventional economic thought, and their ideas have been excluded from policymakers' toolkits, which are dominated by the Keynesian framework.But is this changing?The evidence suggests it might be. The growing interest in non-state-backed money, the rise of social media platforms such as Substack, which provide outlets for new ideas, and, significantly, the Milei Revolution, now underway in Argentina, all point to a renaissance in Austrian economics. Javier Milei regards himself as an Austrian economist and cites, among others, Mises, Hayek and Murray Rothbard as his heroes, whose ideas changed his life. They may yet change the course of Argentina's history.So, I was honoured when Dr Mark Thornton of Auburn University and the Mises Institute agreed to join me for a discussion on the Austrian School and its growth since the early 1980s. At that time, we were both undergraduates reading works such as Hayek's The Road to Serfdom, von Mises' Human Action, and Rothbard's Man, Economy & State. And it turns out that we may have met previously, 45 years ago. It is sometimes a small world. We had a great conversation in which Mark outlined his optimistic view of how Austrian ideas can help us understand the investment landscape, the broader significance of Milei's reform agenda, and our world where human action seeks opportunities in non-fiat money.Mark's published works include The Skyscraper Curse: How Austrian Economics Predicted Every Major Economic Crisis of the Last Century. Additionally, articles, digests, and podcasts from the Mises Institute, which provides extensive freely available content for those keen to learn more about the Austrian way of thinking and its growing relevance to our times. However, of course, none of what you are about to hear is any kind of advice but solely for your information and hopefully, entertainment. Please seek personal financial advice before investing a penny of your money in these crazy markets. With that said, please enjoy my conversation with the maverick Austrian economist, Dr Mark Thornton.Brought to you by Progressive Equity. Hayek for the 21st Century: Essays in Political Economy/ Order a FREE copy of the book or multiple copies! Also, you can download the PDF and ePub versions using this link: https://mises.org/library/book/hayek-21st-century-essays-political-economy
What have the Austrians ever done for us? In terms of understanding the importance of liberty, free markets, and, particularly, how government overreach in economic matters results in long-term damage and decline, the answer is a lot. However, Carl Menger, Ludwig von Mises, Friedrich Hayek, and other members of the so-called Austrian School have long occupied a fringe position in conventional economic thought and have been largely excluded from policymakers' toolkits, which are dominated by Keynesian frameworks. But is this changing? The growing interest in non-state-backed money, the rise of social media, and the Milei Revolution underway in Argentina all suggest it is. In particular, Javier Milei strongly aligns his worldview with that of the Austrian School and cites, among others, Mises, Hayek and Murray Rothbard as his philosophical heroes.I was honoured when Dr Mark Thornton of Auburn University and the Mises Institute agreed to join me for a discussion on the Austrian School and its growth since the early 1980s. At that time, we were both econ-undergraduates reading works such as Hayek's The Road to Serfdom, von Mises' Human Action, and Rothbard's Man, Economy & State. We had a great conversation in which Mark outlined his optimistic view of how Austrian ideas can help us understand the investment landscape and the broader significance of Milei's reform agenda in Argentina. Mark's published works include The Skyscraper Curse: How Austrian Economics Predicted Every Major Economic Crisis of the Last Century. I began by asking Mark about a former colleague of his at the Mises Institute, Roger Garrison. It turns out we might have attended the same Summer School that Roger taught 45 years ago. As they say, it's a small world. Please enjoy my conversation with the maverick Austrian economist, Dr Mark Thornton. Brought to you by Progressive Equity. Hayek for the 21st Century: Essays in Political Economy/ Order a FREE copy of the book or multiple copies! Also, you can download the PDF and ePub versions using this link: https://mises.org/library/book/hayek-21st-century-essays-political-economy
Austrian Economics, Von Mises, and the Fight Against Interventionism. Carola Binder discusses the Austrian School of Economics, highlighting its focus on free markets and Ludwig von Mises's opposition to government "interventionism," including rent and price controls. Mises argued these policies distort markets, leading to shortages and inefficiency. Binder emphasizes Mises's belief that economic literacy is a primary civic duty necessary for citizens to reject socialism and interventionist panaceas, especially as new generations are exposed to such ideas.
Austrian Economics, Von Mises, and the Fight Against Interventionism. Carola Binder discusses the Austrian School of Economics, highlighting its focus on free markets and Ludwig von Mises's opposition to government "interventionism," including rent and price controls. Mises argued these policies distort markets, leading to shortages and inefficiency. Binder emphasizes Mises's belief that economic literacy is a primary civic duty necessary for citizens to reject socialism and interventionist panaceas, especially as new generations are exposed to such ideas. 1940
SHOW 11-12-25 CBS EYE ON THE WORLD WITH JOHN BATCHELOR 1930 THE SHOW BEGINS IN THE DOUBTS ABOUT CHINA'S LEADERSHIP. FIRST HOUR 9-915 Allied AI Competition and Submarine Requests. Scott Harold examines the crucial role of allies Japan and South Korea in the AI competition against China. Japan is developing locally tailored AI models built on US technology for use in Southeast Asia. South Korea aims to become the third-largest AI power, offering reliable models to counter China's untrustworthy technology. Harold also discusses South Korea's surprising request for nuclear-powered, conventionally armed submarines to track Chinese and North Korean vessels, signaling a greater public willingness to contribute to China deterrence. 915-930 Rare Earths Monopoly and US Strategy. General Blaine Holt discusses China's challenge to the US and its allies regarding rare earths, noting that China previously threatened to cut off supply. The US is securing deals with partners like Australia and is on track to replace China entirely, despite initial processing reliance on Chinese predatory practices. Holt suggests a two-year recovery is conservative, as technology for domestic processing exists. He also notes China's leadership is in turmoil, trying to buy time through trade deals. 930-945 Russian Economic Stagnation and War Finance. Michael Bernstam confirms that the Russian economy is stagnating, expecting no growth for years due to exhausted resources and reliance on military production. Oil and gas revenues are down significantly due to Western sanctions and high discounts, widening the budget deficit. Russia is increasing taxes, including the VAT, which drives inflation in staples. This economic pain damages the popularity of the war by hurting the low-income population—the primary source of military recruitment. 945-1000 Buckley, Fusionism, and Conservative Integrity. Peter Berkowitz explores William F. Buckley's consolidation of the conservative movement through "fusionism"—blending limited government and social conservatism. Buckley purged the movement of anti-Semites based on core principles. Berkowitz uses this historical context to analyze the controversy surrounding Tucker Carlson giving a platform to Nick Fuentes, who openly celebrates Stalin and Hitler. This incident caused division after the Heritage Foundation's president, Kevin Roberts, defended Carlson, prompting Roberts to issue an apology. SECOND HOUR 10-1015 Commodity Markets and UK Political Instability. Simon Constable analyzes rare earth markets, noting China's dominance is achieved through undercutting prices and buying out competitors. Prices for key industrial commodities like copper and aluminum are up, indicating high demand. Constable also discusses UK political instability, noting that Labour Prime Minister Keir Starmer lacks natural leadership and confidence. The major political driver for a potential leadership change is the party's broken promise regarding income taxes, which severely undermines public trust before the next election, 1015-1030 Commodity Markets and UK Political Instability. Simon Constable analyzes rare earth markets, noting China's dominance is achieved through undercutting prices and buying out competitors. Prices for key industrial commodities like copper and aluminum are up, indicating high demand. Constable also discusses UK political instability, noting that Labour Prime Minister Keir Starmer lacks natural leadership and confidence. The major political driver for a potential leadership change is the party's broken promise regarding income taxes, which severely undermines public trust before the next election 1030-1045 Austrian Economics, Von Mises, and the Fight Against Interventionism. Carola Binder discusses the Austrian School of Economics, highlighting its focus on free markets and Ludwig von Mises's opposition to government "interventionism," including rent and price controls. Mises argued these policies distort markets, leading to shortages and inefficiency. Binder emphasizes Mises's belief that economic literacy is a primary civic duty necessary for citizens to reject socialism and interventionist panaceas, especially as new generations are exposed to such ideas. 1045-1100 Austrian Economics, Von Mises, and the Fight Against Interventionism. Carola Binder discusses the Austrian School of Economics, highlighting its focus on free markets and Ludwig von Mises's opposition to government "interventionism," including rent and price controls. Mises argued these policies distort markets, leading to shortages and inefficiency. Binder emphasizes Mises's belief that economic literacy is a primary civic duty necessary for citizens to reject socialism and interventionist panaceas, especially as new generations are exposed to such ideas. THIRD HOUR 1100-1115 Philippine Missile Deployment to Deter China. Captain Jim Fanell reports that the Philippines unveiled its first operational BrahMos anti-ship cruise missile battery in western Luzon to deter Chinese aggression. This supersonic missile system, part of the $7.2 billion Reorizon 3 modernization program, gives the Philippines "skin in the game" near disputed waters like Scarborough Shoal. The deployment signifies a strategy to turn the Philippines into a "porcupine," focusing defense on the West Philippine Sea. The systems are road-mobile, making them difficult to target. 1115-1130 AI, Cyber Attacks, and Nuclear Deterrence. Peter Huessy discusses the challenges to nuclear deterrence posed by AI and cyber intrusions. General Flynn highlighted that attacks on satellites, the backbone of deterrence, could prevent the US from confirming where a launch originated. Huessy emphasizes the need to improve deterrence, noting that the US likely requires presidential authorization for retaliation, unlike potential Russian "dead hand" systems. The biggest risk is misinformation delivered by cyber attacks, although the US maintains stringent protocols and would never launch based solely on a computer warning. 1130-1145 Sudan Civil War, Global Proxies, and Nigerian Violence. Caleb Weiss and Bill Roggio analyze the civil war in Sudan between the SAF and the RSF, noting both factions commit atrocities, including massacres after the capture of El Fasher. The conflict is fueled by opposing global coalitions: the UAE and Russia support the RSF, while Iran, Egypt, and Turkey back the SAF. The Islamic State has called for foreign jihadis to mobilize. Weiss also addresses the complicated violence in Nigeria, differentiating jihadist attacks on Christians from communal farmer-herder conflict. 1145-1200 Sudan Civil War, Global Proxies, and Nigerian Violence. Caleb Weiss and Bill Roggio analyze the civil war in Sudan between the SAF and the RSF, noting both factions commit atrocities, including massacres after the capture of El Fasher. The conflict is fueled by opposing global coalitions: the UAE and Russia support the RSF, while Iran, Egypt, and Turkey back the SAF. The Islamic State has called for foreign jihadis to mobilize. Weiss also addresses the complicated violence in Nigeria, differentiating jihadist attacks on Christians from communal farmer-herder conflict. FOURTH HOUR 12-1215 Corruption, Chinese Influence, and Protests in Serbia. Ivana Stradner discusses protests in Serbia demanding accountability one year after a canopy collapse killed 16 people, with investigations linking the accident to high-level corruption involving a Chinese company. Leader Vučić suppresses discontent by alleging the West is plotting a "color revolution." Although Vučić aligns his heart with Russia and China, he needs EU money for political survival, prompting him to offer weapons to the West and claim Serbia is on the EU path. 1215-1230 The Muslim Brotherhood and Its Global Network. Cliff May discusses the Muslim Brotherhood (MB), the progenitor of Hamas, founded in 1928 after the Ottoman Caliphate's abolition. The MB's goal is to establish a new Islamic empire. Qatar is highly supportive, hosting Hamas leaders, while the UAE and Saudi Arabia have banned the MB. Turkish President Erdoğan is considered MB-adjacent and sympathetic, supporting Hamas and potentially viewing himself as a future Caliph, despite Turkey being a NATO member. 1230-1245 Commercial Space Records and Political Impacts on NASA. Bob Zimmerman covers new records in commercial space: SpaceX achieved 147 launches this year, and one booster tied the Space Shuttle Columbia for 28 reuses. China also set a record with 70 launches but had a failure. Commercial space faced temporary impacts, such as an FAA launch curfew due to a government shutdown and air traffic controller shortages. Zimmerman speculates that Jared Isaacman's conservative-leaning public appearance at Turning Point USA might have convinced Trump to renominate him for NASA Administrator. 1245-100 AM Commercial Space Records and Political Impacts on NASA. Bob Zimmerman covers new records in commercial space: SpaceX achieved 147 launches this year, and one booster tied the Space Shuttle Columbia for 28 reuses. China also set a record with 70 launches but had a failure. Commercial space faced temporary impacts, such as an FAA launch curfew due to a government shutdown and air traffic controller shortages. Zimmerman speculates that Jared Isaacman's conservative-leaning public appearance at Turning Point USA might have convinced Trump to renominate him for NASA Administrator.
In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory
In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/intellectual-history
In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies
In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/european-studies
In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
In Neoliberalism and Race (Stanford UP, 2025) Lars Cornelissen argues that the category of race constitutes an organizing principle of neoliberal ideology. Using the methods of intellectual history and drawing on insights from critical race studies, Cornelissen explores the various racial constructs that structure neoliberal ideology, some of which are explicit, while others are more coded. Beginning in the interwar period and running through to recent developments, Neoliberalism and Race shows that racial themes have always pervaded neoliberal thinking. The book's key argument is that neoliberal thought is constitutively racialized—its racial motifs cannot be extracted from neoliberalism without rendering it theoretically and politically incoherent. The book aptly explores a wide variety of racial constructs through the structure of neoliberal ideology, deconstructing the conceptualizations in the works of landmark thinkers such as Ludwig von Mises, Friedrich Hayek, Peter Bauer, Thomas Sowell, Charles Murray, and others from the early twentieth century to the present. In this original—perhaps controversial—critique, Cornelissen asserts that neoliberal thinkers were not just the passive recipients of racial discourse, but also directly impacted it. Lars Cornelissen is a historian of neoliberalism. His writings have been published in History of European Ideas, Constellations, and Modern Intellectual History. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel: here Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day
The characteristic mark of big business is mass production for the satisfaction of the needs of the masses. Under capitalism the workers themselves, directly or indirectly, are the main consumers of all those things that the factories are turning out. – Ludwig von Mises, The Anti-Capitalistic Mentality, p. 42 Watch on X Odysee Rumble BitChute
https://youtu.be/zkkNaulejRs ¿Existe “el pueblo”? Mises contra el mito revolucionario cubano. ¿Qué pensaría Ludwig von Mises de la Cuba revolucionaria? En este video desmonto el mito del colectivismo castrista usando el lente del individualismo metodológico.La Revolución Cubana ha sido vendida como una gesta del “pueblo unido”, pero ¿quién es realmente ese pueblo? ¿Qué pasa con los individuos cuando se los disuelve en una masa sin rostro? A través del pensamiento de Ludwig von Mises, exploramos cómo el régimen cubano convirtió al colectivo en sujeto político, negando al individuo, su conciencia y su libertad.Desde los fusilamientos justificados por la voluntad popular hasta la ética del resentimiento que impulsó la expropiación masiva, este video expone cómo el castrismo institucionalizó la obediencia y castigó la disidencia. Preguntas incómodas: ¿quién aplaudía los actos de repudio?, ¿quién se benefició del saqueo disfrazado de justicia social?Este análisis es un llamado a recuperar la voz individual en una sociedad entrenada para repetir lemas. Porque como decía Mises, “solo los individuos actúan”. Pensar por uno mismo, en Cuba, es un acto (contra) revolucionario.
In this episode of The Value Creators Podcast, Hunter Hastings speaks with Ryan Turnipseed about the greatest enemy of entrepreneurial value creation: bureaucracy. Value creation is a universal economic goal, so how and why have bureaucratic restraints emerged, and why are they so resistant to innovation? Drawing on the contrasting theories of James Burnham and Ludwig von Mises, Ryan explains how managerialism and bureaucratic systems suppress innovation, limit consumer sovereignty, and redirect businesses away from value creation toward rule-following and control.From rebranding fiascos to government regulation, from MBAs to corporate conformity, this conversation unpacks why bureaucracy persists and how entrepreneurs can resist it. Ryan highlights examples of entrepreneurial leadership—such as Elon Musk's overhaul of Twitter—that demonstrate how decisiveness and freedom can dismantle bureaucratic inertia.Key insights include:Why bureaucracy prioritizes rules and efficiency over profit and consumer value.How Burnham and Mises offer different but complementary theories of bureaucracy's rise.Why entrepreneurs must assert autonomy and freedom to restore value creation in their businesses.This is a must-listen for leaders who want to build adaptive, value-driven organizations in the 21st century.Resources:➡️ Learn What They Didn't Teach You In Business School: The Value Creators Online Business CourseSubscribe to Ryan Turnipseed's YouTube ChannelConnect with Hunter Hastings on LinkedInSubscribe to The Value Creators on SubstackMorning Star: Pioneering Zero-Bureaucracy OrganizationIs Managerialism Inevitable? Two Explanations For Cracker Barrel's Attempted Rebrand - Ryan Turnipseed on Substack
The recent assassination of Charlie Kirk has focused attention on political violence. Ludwig von Mises, not surprisingly, understood that tying morality to politicized state helps create the climate where political violence is prevalent.Original article: https://mises.org/mises-wire/mises-separating-morality-and-state
The recent assassination of Charlie Kirk has focused attention on political violence. Ludwig von Mises, not surprisingly, understood that tying morality to politicized state helps create the climate where political violence is prevalent.Original article: https://mises.org/mises-wire/mises-separating-morality-and-state
“The origin was really trying to make sense of that 2016-2017 moment and to ask whether the alt-right was, as we were being told, a return to the 1930s, a kind of awakening of the sleeping beast of white supremacy armed in the streets in the United States. There are many explanations, but I decided to take this kind of curious route in with the distorted readings and reinterpretations of the works of people like Ludwig von Mises and Friedrich Hayek. As a scholar of comparative literature, I wanted to write a revision based on Crack-Up Capitalism.”In this episode of the Speaking Out of Place podcast, Professor David Palumbo-Liu talks with Quinn Slobodian about his new book, Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. He takes a deep dive into the genesis of a weird and powerful merging of two seemingly different groups the Far Right and neoliberals. Slobodian writes, “as repellent as their politics may be these radical thinkers are not barbarians the gates of neoliberalism but the bastard offspring of that line of thought itself.” They talk about how this meshing is driven by a primitive desire to ward off egalitarianism, difference, democracy, and government that services the common good. The wide-ranging talk ends with addressing DOGE, Trump's tariffs, and yes, the Jeffrey Epstein case.Quinn Slobodian is a professor of international history at the Frederick S. Pardee School of Global Studies at Boston University. His books, which have been translated into ten languages, include Globalists: The End of Empire and the Birth of Neoliberalism, Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy, and Hayek's Bastards: Race, Gold, IQ and the Capitalism of the Far Right . A Guggenheim Fellow for 2025-6, he has been an associate fellow at Chatham House and held residential fellowships at Harvard University and Free University Berlin. Project Syndicate put him on a list of 30 Forward Thinkers and Prospect UK named him one of the World's 25 Top Thinkers.https://speakingoutofplace.comBluesky @palumboliu.bsky.socialInstagram @speaking_out_of_place
Mark Thornton returns as a guest on the Liberty and Finance podcast with Dunagun Kaiser to walk through Ludwig von Mises's three stages of inflation, and why today's mix of towering deficits and money printing puts the US on the on-ramp to hyperinflation. Mark also connects sanctions and tariffs to global de-dollarization, explains why central banks are swapping Treasuries for gold, and breaks down his gold-to-silver trade. The conversation ranges from “black swans” to state-level sound-money moves, and closes with practical steps.Additional ResourcesVisit Liberty and Finance at https://libertyandfinance.com"Black Swans, Sequestered Capital, and the Next Bust” (Minor Issues): https://mises.org/MI_137Donate $5 today to support the Mises Institute's Fall Campaign and receive a physical copy of Hayek for the 21st Century: https://mises.org/mi25A special bonus offer for Minor Issues listeners: donate to the Mises Institute's Fall Campaign and receive a signed copy of Free Trade in the 21st Century: https://mises.org/mi25Be sure to follow Minor Issues at https://Mises.org/MinorIssues
Kinsella on Liberty Podcast: Episode 473. https://youtu.be/soyywXASOh4?si=pHKdf6awiCXOqXGV From The White Pillbox, Stephan Kinsella's Universal Principles of Liberty. This is my discussion with Mark Maresca, of The White Pillbox, about The Universal Principles of Liberty. (Previous episode: Kinsella as “White Pill”: Maresca, “From the White-PillBox: Part 29. Achilles Heel edition 3”.) Mark's shownotes: Recently Stephan published an exciting document, the Universal Principles of Liberty: https://stephankinsella.com/principles/ Stephan provides some background that led to the Principles, historical context, use cases, and so much more. As always, Stephan demonstrates why he is a true human White Pill. He even challenged me to White Pill him, on my reasoning behind why true free societies may be coming sooner than we think. Some of his key publications: International Investment, Political Risk, and Dispute Resolution (Oxford, 2020): http://www.kinsellalaw.com/iipr/ Against Intellectual Property (Mises Institute, 2001): http://c4sif.org/aip/ Legal Foundations of a Free Society (Papinian Press, 2023): https://stephankinsella.com/lffs/ Links to other topics we covered in this episode... The Law, by Frederic Bastiat: https://store.mises.org/The-Law-P408.... For a New Liberty, by Murray N. Rothbard: https://store.mises.org/For-a-New-Lib... Human Action, by Ludwig von Mises: https://store.mises.org/Human-Action-... The Remnant, from Isaiah's Job, by Albert J. Nock: https://mises.org/mises-daily/isaiahs... The Property and Freedom Society: https://propertyandfreedom.org/ Grok shownotes and transcript below. Grok Shownotes Overview of the Discussion The episode of the White Pillbox features host Mark Maresca interviewing Stephan Kinsella, a prominent intellectual property attorney and libertarian writer from Houston. Recorded on September 06, 2025, the conversation delves into Kinsella's latest work, the "Universal Principles of Liberty," a document aimed at articulating a coherent framework for libertarian principles. This discussion provides listeners with an insightful exploration of libertarian thought, emphasizing practical applications and philosophical underpinnings in the context of transitioning to a freer society. Background on Universal Principles of Liberty Kinsella explains the genesis of the "Universal Principles of Liberty," highlighting his involvement in various libertarian projects, including attempts to draft constitutions for new nations like Liberland. He critiques the traditional concept of constitutions as state-authorizing documents, advocating instead for a statement of principles that avoids legitimizing governmental authority. The project evolved from his earlier work, such as the "Fundamental Principles of Justice," and was collaboratively refined with contributions from attorneys Pat Tinsley, Aleandro Fusillo, David Durr, and oversight from Hans-Hermann Hoppe, reflecting a broad consensus on core libertarian values. Core Libertarian Principles The core of the "Universal Principles of Liberty" rests on four key principles: self-ownership, original appropriation (homesteading), contract, and rectification. Kinsella argues these principles, derived from Roman and English common law, offer a decentralized, organic approach to law that contrasts with statutory legislation. He emphasizes that libertarianism, as a consistent application of these private law principles, rejects state-imposed exceptions like taxation or sovereign immunity, providing a foundation for a free society that can adapt through judicial interpretation rather than legislative fiat. Practical Applications and Flexibility Kinsella discusses the document's practical use as a "guard rail" for free territories or communities, such as Liberland or Prospera in Honduras, where it could guide development and judicial decisions without mandating a top-down structure. The principles are designed to be flexible,
This Flashback Friday is from episode 402, published last August 20, 2014. Lew Rockwell is an American libertarian author and editor, self-professed anarcho-capitalist, a promoter of the Austrian School of economics, and founder and chairman of the Ludwig von Mises Institute. His website LewRockwell.com was founded in 1999 and features articles and blog entries from a number of columnists and writers. His motto is "anti-war, anti-state, pro-market". Visit Lew's website at LewRockwell.com The Ludwig von Mises Institute at Mises.org Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
https://a16z.com/the-techno-optimist-manifesto/ " Techno-optimism is the belief that rapid technological progress is the main driver of human prosperity and should be pursued as a moral imperative. It argues that: Growth = Good: Innovation creates abundance, longer lives, and better living standards. Barriers = Bad: Regulation, caution, and pessimism slow down progress and should be resisted. Technology as Solution: Challenges like poverty, disease, and climate change are best solved by accelerating science and technology rather than restricting them. In short: Techno-optimism sees faster innovation as the surest path to human flourishing — and treats resistance to technological progress as harmful. " Here's a structured overview of the major schools of economic thought, mapped across time, followed by an estimate of which views dominate public and policy thinking today.
“The origin was really trying to make sense of that 2016-2017 moment and to ask whether the alt-right was, as we were being told, a return to the 1930s, a kind of awakening of the sleeping beast of white supremacy armed in the streets in the United States. There are many explanations, but I decided to take this kind of curious route in with the distorted readings and reinterpretations of the works of people like Ludwig von Mises and Friedrich Hayek. As a scholar of comparative literature, I wanted to write a revision based on Crack-Up Capitalism.”In this episode of the Speaking Out of Place podcast, Professor David Palumbo-Liu talks with Quinn Slobodian about his new book, Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. He takes a deep dive into the genesis of a weird and powerful merging of two seemingly different groups the Far Right and neoliberals. Slobodian writes, “as repellent as their politics may be these radical thinkers are not barbarians the gates of neoliberalism but the bastard offspring of that line of thought itself.” They talk about how this meshing is driven by a primitive desire to ward off egalitarianism, difference, democracy, and government that services the common good. The wide-ranging talk ends with addressing DOGE, Trump's tariffs, and yes, the Jeffrey Epstein case.Quinn Slobodian is a professor of international history at the Frederick S. Pardee School of Global Studies at Boston University. His books, which have been translated into ten languages, include Globalists: The End of Empire and the Birth of Neoliberalism, Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy, and Hayek's Bastards: Race, Gold, IQ and the Capitalism of the Far Right . A Guggenheim Fellow for 2025-6, he has been an associate fellow at Chatham House and held residential fellowships at Harvard University and Free University Berlin. Project Syndicate put him on a list of 30 Forward Thinkers and Prospect UK named him one of the World's 25 Top Thinkers.https://speakingoutofplace.comBluesky @palumboliu.bsky.socialInstagram @speaking_out_of_place
“The origin was really trying to make sense of that 2016-2017 moment and to ask whether the alt-right was, as we were being told, a return to the 1930s, a kind of awakening of the sleeping beast of white supremacy armed in the streets in the United States. There are many explanations, but I decided to take this kind of curious route in with the distorted readings and reinterpretations of the works of people like Ludwig von Mises and Friedrich Hayek. As a scholar of comparative literature, I wanted to write a revision based on Crack-Up Capitalism.”In this episode of the Speaking Out of Place podcast, Professor David Palumbo-Liu talks with Quinn Slobodian about his new book, Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. He takes a deep dive into the genesis of a weird and powerful merging of two seemingly different groups the Far Right and neoliberals. Slobodian writes, “as repellent as their politics may be these radical thinkers are not barbarians the gates of neoliberalism but the bastard offspring of that line of thought itself.” They talk about how this meshing is driven by a primitive desire to ward off egalitarianism, difference, democracy, and government that services the common good. The wide-ranging talk ends with addressing DOGE, Trump's tariffs, and yes, the Jeffrey Epstein case.Quinn Slobodian is a professor of international history at the Frederick S. Pardee School of Global Studies at Boston University. His books, which have been translated into ten languages, include Globalists: The End of Empire and the Birth of Neoliberalism, Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy, and Hayek's Bastards: Race, Gold, IQ and the Capitalism of the Far Right . A Guggenheim Fellow for 2025-6, he has been an associate fellow at Chatham House and held residential fellowships at Harvard University and Free University Berlin. Project Syndicate put him on a list of 30 Forward Thinkers and Prospect UK named him one of the World's 25 Top Thinkers.https://speakingoutofplace.comBluesky @palumboliu.bsky.socialInstagram @speaking_out_of_place
“The origin was really trying to make sense of that 2016-2017 moment and to ask whether the alt-right was, as we were being told, a return to the 1930s, a kind of awakening of the sleeping beast of white supremacy armed in the streets in the United States. There are many explanations, but I decided to take this kind of curious route in with the distorted readings and reinterpretations of the works of people like Ludwig von Mises and Friedrich Hayek. As a scholar of comparative literature, I wanted to write a revision based on Crack-Up Capitalism.”In this episode of the Speaking Out of Place podcast, Professor David Palumbo-Liu talks with Quinn Slobodian about his new book, Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. He takes a deep dive into the genesis of a weird and powerful merging of two seemingly different groups the Far Right and neoliberals. Slobodian writes, “as repellent as their politics may be these radical thinkers are not barbarians the gates of neoliberalism but the bastard offspring of that line of thought itself.” They talk about how this meshing is driven by a primitive desire to ward off egalitarianism, difference, democracy, and government that services the common good. The wide-ranging talk ends with addressing DOGE, Trump's tariffs, and yes, the Jeffrey Epstein case.Quinn Slobodian is a professor of international history at the Frederick S. Pardee School of Global Studies at Boston University. His books, which have been translated into ten languages, include Globalists: The End of Empire and the Birth of Neoliberalism, Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy, and Hayek's Bastards: Race, Gold, IQ and the Capitalism of the Far Right . A Guggenheim Fellow for 2025-6, he has been an associate fellow at Chatham House and held residential fellowships at Harvard University and Free University Berlin. Project Syndicate put him on a list of 30 Forward Thinkers and Prospect UK named him one of the World's 25 Top Thinkers.https://speakingoutofplace.comBluesky @palumboliu.bsky.socialInstagram @speaking_out_of_place
“The origin was really trying to make sense of that 2016-2017 moment and to ask whether the alt-right was, as we were being told, a return to the 1930s, a kind of awakening of the sleeping beast of white supremacy armed in the streets in the United States. There are many explanations, but I decided to take this kind of curious route in with the distorted readings and reinterpretations of the works of people like Ludwig von Mises and Friedrich Hayek. As a scholar of comparative literature, I wanted to write a revision based on Crack-Up Capitalism.”In this episode of the Speaking Out of Place podcast, Professor David Palumbo-Liu talks with Quinn Slobodian about his new book, Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right. He takes a deep dive into the genesis of a weird and powerful merging of two seemingly different groups the Far Right and neoliberals. Slobodian writes, “as repellent as their politics may be these radical thinkers are not barbarians the gates of neoliberalism but the bastard offspring of that line of thought itself.” They talk about how this meshing is driven by a primitive desire to ward off egalitarianism, difference, democracy, and government that services the common good. The wide-ranging talk ends with addressing DOGE, Trump's tariffs, and yes, the Jeffrey Epstein case.Quinn Slobodian is a professor of international history at the Frederick S. Pardee School of Global Studies at Boston University. His books, which have been translated into ten languages, include Globalists: The End of Empire and the Birth of Neoliberalism, Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy, and Hayek's Bastards: Race, Gold, IQ and the Capitalism of the Far Right . A Guggenheim Fellow for 2025-6, he has been an associate fellow at Chatham House and held residential fellowships at Harvard University and Free University Berlin. Project Syndicate put him on a list of 30 Forward Thinkers and Prospect UK named him one of the World's 25 Top Thinkers.https://speakingoutofplace.comBluesky @palumboliu.bsky.socialInstagram @speaking_out_of_place
Kinsella on Liberty Podcast: Episode 470. From my appearance on the Ayn Rand Fan Club with Scott Schiff and William. Their Shownotes: Patent attorney, Libertarian & Ayn Rand fan Stephan Kinsella joins William & Scott to talk about his history in the liberty world and his unique view that property rights should only pertain to physical things, and not to intellectual property. They also talk about Elon Musk opening his patents and the effects of IP law on AI. https://youtu.be/ax-QhyTGxw0?si=MyuQF4TfdeJQpQND Related: Classical Liberals, Libertarians, Anarchists and Others on Intellectual Property “The Death Throes of Pro-IP Libertarianism” (Mises Daily 2010) Yet another Randian recants on IP An Objectivist Recants on IP Pro-IP “Anarchists” and anti-IP Patent Attorneys Patent Lawyers Who Oppose Patent Law “The Four Historical Phases of IP Abolitionism” “The Origins of Libertarian IP Abolitionism” The Problem with Intellectual Property A Selection of my Best Articles and Speeches on IP Grok shownotes: Episode Overview In this episode of the Ayn Rand Fan Club, hosts Scott Schiff and William Swig engage in a thought-provoking discussion with Stephan Kinsella, a retired patent attorney, author, and libertarian thinker with a deep background in Ayn Rand's Objectivism. The conversation delves into Kinsella's journey from Objectivism to anarcho-capitalism, his critical stance on intellectual property (IP), and his broader views on libertarian principles. Recorded on August 18, 2025, the episode explores the philosophical and practical implications of IP laws, their impact on innovation, and their compatibility with property rights, while also touching on contemporary libertarian movements. Stephan Kinsella's Background and Philosophical Evolution Kinsella shares his personal journey, starting with his introduction to Ayn Rand's The Fountainhead in high school, which sparked his interest in Objectivism. Initially a “hardcore Objectivist” for eight years, he later gravitated toward Austrian economics and anarcho-capitalism, influenced by thinkers like Ludwig von Mises and Murray Rothbard. As a patent attorney in Houston, Texas, Kinsella began questioning the validity of IP laws in the early 1990s, finding existing justifications—whether utilitarian or Objectivist—unsatisfactory. His career as a patent lawyer, paradoxically, coincided with his growing opposition to the patent and copyright system, which he argues violates fundamental property rights. Critique of Intellectual Property Kinsella's primary critique of IP centers on its violation of tangible property rights. He argues that patents and copyrights impose non-consensual restrictions, or “negative servitudes,” on how individuals can use their own property, such as a printing press or factory. Drawing from libertarian principles, he contends that property rights should stem from homesteading or contract, not state-granted monopolies. Kinsella rejects both utilitarian arguments (e.g., IP promotes innovation) and natural rights arguments (e.g., creators inherently own their ideas), asserting that there's no empirical evidence for underproduction of creative works without IP and that the concept of owning labor or ideas is flawed, rooted in a misinterpretation of John Locke's labor theory. Trademark, Defamation, and Reputation Rights The discussion extends to trademark and defamation laws, which Kinsella also opposes. He explains that trademark law, originally intended to prevent consumer fraud, has evolved into a “reputation right” that protects brands like Rolex or Chanel from dilution, even absent deception. He argues that fraud laws already suffice to address deceptive practices, rendering trademark law unnecessary. Similarly, Kinsella rejects defamation laws, asserting there's no property right in one's reputation, as it's merely others' opinions. He distinguishes incitement to violence as a separate issue,
Having warned of the rise of national socialism and having fled the German army's march into Austria, Ludwig von Mises was in an excellent position to analyze Nazi economic doctrine.Original article: https://mises.org/mises-daily/etatism-protectionism-and-demand-lebensraum
Having warned of the rise of national socialism and having fled the German army's march into Austria, Ludwig von Mises was in an excellent position to analyze Nazi economic doctrine.Original article: https://mises.org/mises-daily/etatism-protectionism-and-demand-lebensraum
https://youtu.be/uVSz93KXms4 El socialismo no ha muerto, sino que ha evolucionado su discurso para adaptarse a nuestros tiempos. Ya no se presenta con los términos clásicos de "dictadura del proletariado" o "lucha de clases", sino que se ha renovado bajo conceptos aparentemente benignos como "equidad", "inclusión" y "justicia social". Sin embargo, como advirtieron pensadores como Ludwig von Mises y Friedrich Hayek, su objetivo fundamental permanece intacto: sustituir la libertad individual por el control colectivo.Esta transformación no es solo cosmética, sino estratégica. El socialismo contemporáneo ha desplazado su campo de batalla de la economía hacia la cultura, redefiniendo conceptos morales fundamentales y torciendo el lenguaje para emborronar los límites entre lo justo y lo injusto. Al exigir "justicia social", lo que realmente se está pidiendo es que el Estado corrija las decisiones libres de los individuos, limitando así su libertad.El nuevo socialismo opera negando la validez universal de la lógica y fragmentando la sociedad en grupos identitarios. Lo que antes se dividía en clases sociales, ahora se segmenta por raza, género u orientación sexual, trasladando la lucha de clases hacia nuevas categorías. Bajo esta perspectiva, no importa la argumentación o la verdad, sino la fidelidad al dogma colectivista.Como señaló Murray Rothbard, los socialistas han ganado terreno porque piensan estratégicamente y a largo plazo. Mientras las fuerzas del libre mercado se enfocan en la producción económica, la izquierda ha infiltrado sistemáticamente la cultura, la educación y el lenguaje, redefiniendo los valores morales de la sociedad.La única forma efectiva de combatir este fenómeno no es cediendo terreno o negociando con sus premisas, sino desenmascarando su verdadera raíz moral: el autoritarismo. El socialismo, más allá de ser un modelo económico fallido, representa una sociedad basada en la sumisión, el miedo y la obediencia. Frente a esto, debemos defender una visión clara de una sociedad libre, donde nadie imponga cómo pensar, qué decir o qué elegir.La batalla cultural actual no se trata solo de criticar el colectivismo en todas sus formas, sino de promover activamente un modelo superior: una sociedad fundamentada en la libertad individual, la propiedad privada y la responsabilidad personal.****
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured In this episode, we examine the quiet shift from true capitalism—where consumers and competition decide winners—to statism, where government dictates the rules of business. From tariffs and regulations to crony systems that favor the big players, we explore how this transformation threatens small business owners and innovation. With insights from Ludwig von Mises to modern market realities, it's a sobering look at capitalism's whimpering retreat.
En 1926, Ludwig von Mises rechazó liderar una reforma económica que pudo cambiar la historia de Austria. Tenía razón en sus advertencias… pero su inacción tuvo un precio altísimo para miles de familias.En los mercados pasa igual:No invertir por miedo… es invertir en quedarte donde estás.No aprender sobre inteligencia artificial… es aprender a volverte obsoleto.No actualizar tu estrategia… es regalarle tu ventaja a otros.Dale play y hablemos de por qué quedarte quieto también es una decisión de inversión… y casi nunca es la más rentable.
On Thursday's Mark Levin Show, Chicago's Mayor Brandon Johnson warns of a "point of no return" for city finances amid a $1.1 billion 2026 deficit, pushing for tax hikes like a millionaire tax, corporate head tax and wants progressive revenue options. In On Power, it explains that the progressive movement aims to fundamentally transform America and Western democracies by centralizing government power, diminishing individual freedoms, and reengineering society through soft negative power. Johnson's progressive tax hikes reflects a drive to expand centralized governmental authority, which will erode economic freedoms and individual autonomy in pursuit of societal reengineering. This is what NYC can look forward to if Zohran Mamdani gets elected. Mandami repeatedly trashes America, failed to assimilate, and acting as a revolutionary against the country since his teenage arrival. His Marxist, Islamist, and Jew-hating ideologies echo terrorist lines. Also, On Power describes authoritarian democracy as a gradual slide from democracy into authoritarianism, where power centralizes—often in unelected branches like the judiciary or administrative state, or through excessive executive/legislative dominance—marginalizing citizens. It employs authoritarian tactics softly at first, justifying tyrannical laws or flawed processes simply because they follow legal forms, prioritizing legality over justice or morality. This has permeated Western society, embedding ideas like Marxism unconsciously, as noted by Ludwig von Mises. Later, federalizing Washington D.C. is constitutionally allowed and necessary because local rule has failed amid out-of-control crime like murders and carjackings. D.C. is an overwhelmingly Democrat one-party city that doesn't protect people, despite being the nation's capital where elected officials, staff, judges, and bureaucrats must work. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Human reason, wrote Ludwig von Mises, is the basis for civilization itself. Western civilization, he said, was built upon economic progress that sprang from reason. However, he also warned that if the West abandoned sound economics, it would trigger its demise.Original article: https://mises.org/mises-wire/human-reason-foundation-civilization
Human reason, wrote Ludwig von Mises, is the basis for civilization itself. Western civilization, he said, was built upon economic progress that sprang from reason. However, he also warned that if the West abandoned sound economics, it would trigger its demise.Original article: https://mises.org/mises-wire/human-reason-foundation-civilization
Lucas Engelhardt explores the economics of interventionism, tracing Ludwig von Mises's core argument that state interference in markets is both self-defeating and inherently unstable. Building on insights from Rothbard, Ikeda, and Higgs, Engelhardt examines why interventionism persists despite its failures, and whether we are, in fact, on the road to socialism or stuck in a stable middle ground.Recorded at the Mises Institute in Auburn, Alabama, on July 25, 2025.Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
"The word praxeology can be used in two different ways. One is for a science of human action, as developed by Ludwig von Mises and his successors, principally Murray Rothbard. And the other is for the deductive method used in the science of human action."Recorded at the Mises Institute in Auburn, Alabama, on July 21, 2025.Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
Lyn Ulbricht : Mother Of Ross Ulbricht "Silk Road" FreeRoss.orgUlbricht grew up in the Austin metropolitan area. He served as a Boy Scout,[5] attaining the rank of Eagle Scout.[6] He attended West Ridge Middle School,[7] and Westlake High School, Austin, Texas. He graduated from high school in 2002.[8]He attended the University of Texas at Dallas on a full academic scholarship,[6] and graduated in 2006 with a bachelor's degree in physics.[8] He then attended Pennsylvania State University, where he was in a master's degree program in materials science and engineering and studied crystallography. By the time Ulbricht graduated he had lost interest in his major and was interested in libertarian economic theory. In particular, Ulbricht adhered to the political philosophy of Ludwig von Mises and supported Ron Paul, and participated in college debates to discuss his economic views.[7][9]Ulbricht graduated from Penn State in 2009 and returned to Austin. By this time Ulbricht, finding regular employment unsatisfying, wanted to become an entrepreneur, but his first attempts to start his own business failed. He eventually partnered with a friend to help build an online used book seller, Good Wagon Books. His limited business success, combined with a breakup with his on-and-off girlfriend from Penn State, left Ulbricht deeply dissatisfied with his life.[7][10]Become a supporter of this podcast: https://www.spreaker.com/podcast/the-opperman-report--1198501/support.
On this episode of Minor Issues, Mark Thornton unpacks the unfolding economic crisis through the lens of Ludwig von Mises's “crack-up boom.” With inflation accelerating, deficits ballooning, and the Fed's credibility fading, Mark outlines how reckless monetary policy and unsustainable government spending are setting the stage for stagflation—or worse. From gold's surge to the dollar's decline, he connects today's market signals to Mises's dire warnings about monetary collapse, offering a sobering look at what may lie ahead for the US economy.Additional Resources"Trump (Again) Demands More Easy Money To Help Fund Even Bigger Deficits" by Ryan McMaken: https://mises.org/MI_125_A"Interest Rates Rise Again as Treasury Auction Comes Up Short" by Ryan McMaken: https://mises.org/MI_125_B"Powell, Trump, and the Austrian Business Cycle Time Bomb" (Minor Issues, Ep. 118): https://mises.org/MI_118 "Prospects for Hyperinflation" (Minor Issues, Ep. 116): https://mises.org/MI_116"Are Economic Crises and Crashes Inevitable?" (Minor Issues, Ep. 112): https://mises.org/MI_112"The Precarious State of the American Economy" (Minor Issues, Ep. 111, with Scott Horton): https://mises.org/MI_111How Inflation Destroys Civilization by Guido Hülsmann: https://mises.org/InflationDestroysLudwig von Mises on Money and Inflation, edited by Bettina Bien Greaves: https://mises.org/MI_125_CThe Inflation Crisis and How to Resolve It by Henry Hazlitt: https://mises.org/MI_125_DRegister for the 2025 Mises Institute Supporters Summit in Delray Beach, Florida, October 16–18: https://mises.org/ss25
The free market replaces the struggle for survival found in the animal world with social cooperation in which everybody benefits. Capitalism is a system of peace, not war.Original article: https://mises.org/mises-wire/ludwig-von-mises-peace-and-social-cooperation
The free market replaces the struggle for survival found in the animal world with social cooperation in which everybody benefits. Capitalism is a system of peace, not war.Original article: https://mises.org/mises-wire/ludwig-von-mises-peace-and-social-cooperation
In his 1944 book Bureaucracy, Ludwig von Mises described why bureaucracies behave as they do. I apply some of his insights to what we laughingly call our "public health" bureaucracy. Sponsors: Field of Greens: a delicious fruit and vegetable drink specifically designed to support crucial organs and systems in your body, so you get the perfect bloodwork result you're hoping for. Get 20% off and free shipping at FieldOfGreens.com when you use code WOODS. CrowdHealth: Code: WOODS Websites Mentioned: DiaryOfCovid.com WoodsHistory.com Show notes for Ep. 2640
On this May Day edition of Parallax Views w/ J.G. Michael, political theorist Matt McManus joins us to unpack The Political Theory of Liberal Socialism, his groundbreaking new book. We explore: Liberal Socialism Defined: Why liberal rights and socialist economics aren't mutually exclusive—and how methodological collectivism and normative individualism unite them. Historical Roots: From Mary Wollstonecraft and Thomas Paine's radical democracy to John Stuart Mill's social liberalism, contrasted with Edmund Burke and Ludwig von Mises. Core Principles: A developmental ethic over mere inquiry, economic democracy within a liberal framework, and, for some, extending democratic values into the family. Key Influences: John Rawls's Theory of Justice, Samuel Moyn's critique of Cold War liberalism and the relationship between Samuel Moyn's book LIBERALISM AGAINST ITSELF: COLD WAR INTELLECTUALS AND THE MAKING OF OUR TIMES and Matt's book, and a speculative look at Richard Rorty's pragmatic liberalism in relation to Liberal Socialism. Global & Anti-Colonial Critiques: Addressing charges of Eurocentrism and imperialist bias by anti-colonial and Global South critiques of Liberal Socialism. Critiques from the Left & Right: Responses to neoliberal, libertarian, and Marxist-Leninist objections, and why caricaturing Marx misses his nuanced view of liberal institutions. If you're interested in the crossroads of political philosophy, the future of democratic socialism, and reclaiming a tradition of freedom and equality, tune in to this deep dive with Matt McManus.
This is a fascinating episode that takes up thinkers that the podcast has covered before—the Koch brothers, Austrian economists like Ludwig von Mises and Friedrich Hayek, and others—but from a different angle: that of the entrepreneurial work ethic. Historian Erik Baker's superb book on the topic, Make Your Own Job: How the Entrepreneurial Work Ethic Exhausted America, offers a genuinely absorbing tour of this most American of ideologies, one that has emerged again and again, in various guises and in different circumstances, to reconcile workers to the contradictions of the U.S. economy, especially the shortage of jobs that has come with its many "innovations" and changes. What are the historical and even spiritual sources of the entrepreneurial work ethic, and what ideological needs does it serve for bosses and managers? Why is it so seductive to Americans? How does it relate to deeply American impulses relating to responsibility, guilt, and shame? In what ways did the entrepreneurial work ethic serve U.S. aims during the Cold War? And how has it endured in our age of Silicon Valley tech overlords and Donald Trump, entrepreneur, being re-elected? We take up these questions and many more in this rich conversation.Sources:Erik Baker, Make Your Own Job: How the Entrepreneurial Work Ethic Exhausted America (2025)— "Fairytale in the Supermarket," The Baffler, Jan 14, 2025Dale Carnegie, How to Win Friends and Influence People (1936)Norman Vincent Peale, The Power of Positive Thinking (1952)Sarah Jaffe, Work Won't Love You Back: How Devotion to Our Jobs Keeps Us Exploited, Exhausted, and Alone, (2021)Listen again:"Bomb Power" (w/ Erik Baker), Dec 19, 2023...and don't forget to subscribe to Know Your Enemy on Patreon to listen to all of our premium episodes!