World War I as Fulfillment: Power and the Intellectuals
The intellectuals did not merely support the war. They had been waiting for it.
The intellectuals did not merely support the war. They had been waiting for it.
World War I did not interrupt the American corporate state. It built it.
Mark Thornton traces today’s tangled web of paper money, debt, war, and AI malinvestment—from John Law’s Mississippi Bubble to the Fed’s latest distortions.
Marx held that class conflict was the overriding issue of his day, and Marxists still hold to that viewpoint. Their assumptions about class, however, do not square with modern reality.
Shahin Karkhaneh reviews Cronyism: Rise of the Corporatist State, 1849–1929 by Patrick Newman and published by the Mises Institute.
Mark Thornton argues the AI data-center bond boom is the latest techno bubble—cheap-money malinvestment dressed up as a new era.
On this episode of Power and Market, Ryan, Connor, and Tho discuss what appears to be a coordinated call to regulate AI. Is this a benevolent plea to save humanity, or a thinly veiled attempt to establish a cartel?
In the name of “saving” college sports, Congress steps well past its bounds to micromanage the NCAA.
In the name of “saving” college sports, Congress steps well past its bounds to micromanage the NCAA.