Money versus Monetary Policy

This week, Bob walks through Javier Milei’s 2026 address to the World Economic Forum, explaining the Austrian and neoclassical ideas behind Milei’s defense of capitalism—from Rothbard and Kirzner to Pareto efficiency and the welfare theorems.

"Make A Deal Before It's Too Late": Trump Threatens Tehran (Again) As Iran/Oman Draft Protocol To Re-Open Hormuz Summary World's most important oil price hits record high as Trump threatens Iran: "make a deal before it's too late" Oil drops on reports of Iran-Oman coordination to reopen strait. Iran issues Israel/Gulf logistics hubs target list; IRGC targets Amazon Cloud computing center in Bahrain US intelligence assessments say Iran is not ready to negotiate given it believes it has the strategic upper-hand, and doesn't believe Trump is 'serious' about talks: NYT Highest bridge in Iran, connecting Tehran...

Watch: Macron Calls Free Speech Online 'Pure Bullshit' French President Emmanuel Macron on Wednesday said that the notion of free speech on social media platforms - is "pure bullshit," because algorithmically served content can lead to hate speech (such as the right to say his elderly wife has a penis and gives him black eyes). The comments come after the US recently imposed bans on a former European official and pro-censorship activists for trying to police online speech, while US Secretary of State Marco Rubio justifies the moves as pushback against the...